Emirates NBD Earnings Presentation

Divisional Performance Operating Segment Metrics FY22 %A YOY Income (mn) 10,234 27% Expense (mn) 2,702 21% Retail Banking and Wealth Management Profit (mn) 6,412 23% • Loans (bn) 63 12% • Deposits (bn) 215 20% Income (mn) 5,574 (2)% Expense (mn) 595 10% Corporate and Institutional Banking Profit (mn) 3,291 Loans (bn) 271 (7)% Deposits (bn) 150 4% • Income (mn) 3,182 33% . Expense (mn) 1,539 29% Emirates Islamic Profit (mn) 1,240 51% 5% Key Highlights • Retail Banking and Wealth Management Strong loan growth in 2022 with Loan origination up 39%, Credit Card acquisitions up 100% and Card spends up 31 % y-o-y Lending increased by AED 7 bn and CASA grew by AED 27 bn in 2022 Income up 27% with fee income growing by 34% Rollout of enhanced mobile banking app ‘ENBD X'; delivering a new standard in customer service Enhanced credit card and personal loan application process, enabling instant approval Successful launch of series of Strategic Investment Funds supporting investment into IPOs in UAE Launched DEWA, TECOM and Salik IPO portal on the Emirates NBD website with real time direct integration with DFM for new investors Corporate and Institutional Banking • Lead delivery of over AED 31 bn IPOs supporting growth in Dubai economy, with end-to-end IPO subscription website offering real-time on-boarding through state-of-the-art fully digital platform Implemented cutting-edge new businessONLINE platform Profit 5% higher from increased ECM, Trade Finance and Treasury sales income and lower provisions AED 50 bn of new lending offset substantial contractual repayments Continued focus on improving funding cost by growing CASA balances and retiring expensive deposits Emirates Islamic Loans (bn) 53 13% Deposits (bn) 56 19% Income (mn) 1,773 <100% Global Markets and Treasury Expense (mn) 165 14% <100% Profit (mn) 1,523 Income (mn) 10,562 50% • Expense (mn) 2,448 11% DenizBank Profit (mn) 1,585 (4)% Loans (bn) 69 7% • Net profit up 51% y-o-y to record AED 1.2bn on higher income • Gross Customer financing at AED 53 bn, increased 13% from 2021, and customer deposits increased 19% in FY22 with CASA now 74% of total deposits Global Markets and Treasury (GM&T) GM&T delivered outstanding performance with profit surpassing AED 1.5 bn mark for first time ever NII grew as balance sheet positioned for rate rises and increase in banking book investment income NFI doubled on strong Trading performance and Sales grew revenue by 55% on strong client FX flows International Treasuries doubled their revenue contribution. GM&T were one of the most active primary dealers for T-Bonds issued by Ministry of Finance. DenizBank Stable profit as income up 50% by AED 3.5 billion and Impairment allowances AED 1.0 billion lower on strong writebacks and recoveries helping offset AED 3.1 billion hyperinflation adjustment Deposits (bn) 82 19% 27

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