Funding & Liquidity Highlights

Emirates NBD's profit rises 25% YoY to AED 9.1 bn on strong diversified income growth Highlights Income Liquidity Risk Expenses Capital Divisional 10 ( Emirates NBD Emirates NBD DenizBank Excluding DenizBank Income Statement All figures are in AED bn 9M'22 9M'21 Better / (Worse) 9M'22 9M'21 Better / (Worse) 9M'22 9M'21 Better / (Worse) Net interest income 15.5 12.6 23% 10.6 8.6 23% 4.9 4.0 24% Non-funded income 7.2 4.7 52% 4.7 3.8 24% 2.5 0.9 164% Total income 22.7 17.3 31% 15.3 12.4 23% 7.4 4.9 52% Operating expenses (6.4) (5.7) (12)% (4.7) (4.0) (16)% (1.7) (1.7) (1)% Pre-impairment operating profit 16.3 11.6 41% 10.6 8.4 26% 5.7 3.2 78% Impairment allowances (3.3) (3.7) 12% (2.4) (2.4) 0% (0.8) Tax and others (1.5) (0.6) (168)% (0.2) (0.2) (25)% (1.3) (1.3) 35% (0.4) (221)% Profit after tax & before 11.5 7.3 58% 8.0 5.8 38% 3.5 1.5 134% hyperinflation Hyperinflation adjustment (2.4) - N/M N/M (2.4) N/M Net profit 9.1 7.3 25% 8.0 5.8 38% 1.1 1.5 (25)% Cost: income ratio NIM 28.2% 33.1% (4.9)% 30.8% 32.6% (1.8)% 22.8% 34.2% (11.4)% 3.10% 2.51% 0.59% 2.53% 2.11% 0.42% 6.04% 4.28% 1.76% Key Highlights Group profit up 25% on strong diversified income growth - ENBD income higher from improving transaction volumes and increased margins DeinzBank income higher from increased lending, wider margins and hedging Lower provisions as 90bp cost of risk for 9M'22 reflects robust operating environment AED 1.1 bn net profit from DenizBank despite AED 2.4 bn hyperinflation adjustment Accelerating investment in international growth and digital Higher NIMS reflect rising interest rates and an improvement in DenizBank margins Strong new lending to retail and corporates helping offset sovereign repayments 14

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