3Q 2023 Financial Performance

FINANCIAL PERFORMANCE | INCOME STATEMENT HIGHLIGHTS Net income grew 27% YoY from strong NII growth, partly offset by increased operating expenses and impairments ■ Net income for 9M 2023 grew 27% YoY to SAR 3,395mn from 24% growth in operating income, partly offset by 13% growth in operating expenses and a 34% rise in the impairment charge. Quarterly net income similarly increased 30% YoY and 16% QoQ to SAR 1,245mn. Net Income Movement (SAR Mn) 3,395 SAR (Mn) 1,319 39 9M 2023 9M 2022 A% 3Q 2023 3Q 2022 A% 2,672 +27% البنك السعودي الفرنسي Banque Saudi Fransi 3,395 (245) (297) (93) Net interest income 5,967 4,648 +28% 2,068 1,717 +20% Non-interest income 1,166 1,126 +3% 400 366 +9% Operating income 7,133 5,774 +24% 2,468 2,083 +18% Net income 9M 22 Net interest income Non-interest income Operating expenses Impairment charge Zakat Net income 9M 23 Operating expenses (2,176) (1,930) +13% (740) (678) +9% Net operating income before Operating Income (SAR Bn) 4,957 3,844 +29% 1,728 1,405 +23% impairments Impairment charge (1,181) (884) +34% (345) (348) -1% 2.47 Net Operating Income Before Impairment Charge (SAR Bn) 1.73 Net income before zakat 3,776 2,960 +28% 1,383 1,057 +31% Zakat (381) (288) +32% (137) (96) +43% +18% +23% Net income 3,395 2,672 +27% 1,245 961 +30% 2.24 2.32 2.35 2.47 1.73 2.08 1.82 1.87 1.41 1.52 1.61 1.62 Operating Expenses Impairment Charge 1.22 1.22 +5% QoQ +6% QoQ 740 +9.2% year-on-year 345 -1.0% year-on-year SAR Million SAR Million 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 | 27

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