3Q 2023 Financial Performance

FINANCIAL PERFORMANCE | GUIDANCE Improving profitability expected in 2023 from solid loan growth, continued NIM expansion, positive jaws and lower cost of risk Metric 9M 2023 Outcome 2023 Guidance Revision Drivers البنك السعودي الفرنسي Banque Saudi Fransi LOANS & ADVANCES GROWTH NET INTEREST MARGIN COST OF RISK Financing Growth +9.9% SAR 174.7 bn NIM 3.63% +65bps YOY YTD Financing Growth Low double-digit NIM 3.50 -3.60% REVISED UP FROM HIGH SINGLE-DIGIT REVISED UP FROM 3.45-3.55% Balanced growth of consumer and commercial lending expected in 2023 with upward revision from strong commercial lending momentum NIM expected to rise in 2023 from higher average benchmark rates, with upward revision arising from more hawkish US monetary policy than expected. COR 98bps +23bps CIR COST TO INCOME RATIO 30.5% -293bps RETURN ON EQUITY ROAE 11.5% +227bps COR 85-95bps UNCHANGED YoY CIR <32% UNCHANGED YOY ROAE 11-13% YoY Cost of risk for 2023 to gradually normalize while improving coverage on isolated corporate exposures. Expect Cl-ratio below 32% for 2023, mainly from higher income on more modestly rising cost base. UNCHANGED Increase in ROAE from lending growth, higher NIMS, and improving operating efficiency and risk cost. CET1 CET1 17-18% UNCHANGED -12bps YTD Modest increase in CET1 during 2023 from robust earnings generation, partial reversal of MTM through FVOCI, while maintaining dividend payout levels. CORE EQUITY TIER 1 RATIO 16.4% | 42

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