ADIB 9M 2023 Earnings Report

- - - مصرف أبوظبي الإسلامي Operating Expenses ADIB Significant improve in cost to income ratio helped by higher income and cost discipline amid ongoing transformation investments Cost To Income Ratio (%) Expenses Movement YoY (AEDmn) -497bps +6% 37.6% 34.9% 35.7% 33.9% 32.6% * 1,799 72 67 -22 1,916 269 2,185 9M 22 FY 22 1Q 23 1H 23 9M 23 Expenses 9M 22 Employee costs General & Administrative expesnes Depreciation Expenses excl. JV JV to Subsidiary to Subsidiary Impact Expenses 9M 23 QoQ -270bps +74bps -176bps -125bps +6% +15% -10% Expenses (AEDmn) +1% 639 * 688 726 719 647 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 QoQ +8% +6% -1% *Adjusted for AED100mn one-off reversal in 3Q 2022 93 JV to Subsidiary Impact Expenses Composition (%) Depreciation 10.9% 238mn 740 Amortisation of intangibles 0.5% 11mn General & administrative costs 27.5% 9M 23 2,185mn Employee costs 601mn 61.1% 1,335mn 3Q 23 28

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