United Arab Bank · ADX:UAB
United Arab Bank — Q1 2026 Earnings Presentation
18 slides from United Arab Bank's earnings presentation, Apr 22, 2026
Slide 1: Q1 2026 Earnings presentation
Q1 2026 Earnings presentation 22 April 2026 United Arab Bank (P.J.S.C) is licensed by the Central Bank of the UAE. O@O0d euabuae | @ uab.
Slide 2: Core business momentum continues to drive resilient growth
Core business momentum continues to drive resilient growth Operating profits continue to grow ZA &S3 driven by core business momentum Operating Profit ' Net Profit B100mn: B75mn +29% yoy -26% yoy * Core business momentum continues to drive growth in operating income led by higher net interest income
Slide 3: Strong operating business momentum in Q1'26 led to improved core income
Strong operating business momentum in Q1‘26 led to improved core income, offset by higher impairment charges due to one-off recoveries and writebacks in Q1'25 Q1'26 operating profit growth of 29% yoy driven by higher revenue growth... * Operating income in Q1'26 grew by +16% yoy, led by higher NII *
Slide 4: Strong asset growth and stable NIMs drive double-digit growth in NII
Strong asset growth and stable NIMs drive double-digit growth in Nil UAB anioll yujall Lull UNITED ARAB BANK Operating income: Nil increased by 34% driven by growth in interest earning assets Q1'26 NIM at 2.6% was higher year-on-year (AED Mn) Nil Non-int inc: -45% qoq, —O=NIM [Ytd) (%) NIL = Non-int
Slide 5: Expense growth limited to 5% year-on-year through disciplined cost management
Expense growth limited to 5% year-on-year through disciplined cost management UAB anioll yujall Lull UNITED ARAB BANK Efficiently managing expenses and investing across people, products, processes and systems, in line with the medium-term growth strategy Operating expenses by type (AED Mn) & Cost-in
Slide 6: Impairment charges taken in Q1'26 due to absence of one-off recoveries
Impairment charges taken in Q1'26 as compared to prior year due to absence of one-off recoveries and writebacks realised in Q1'25; CoR in line with our 2026 guidance Firmly focused on ensuring healthy asset quality and implementation of prudent risk management practices, amid strong business growth
Slide 7: Strong customer-led growth in risk assets, backed by robust capital position
Strong customer-led growth in risk assets, backed by robust capital position, remains a UAB. key driver of our sustainable and profitable growth asiall yy Ll UNITED ARAB BANK LLL Robust foundation with a solid capital position and adequate liquidity; business pipeline Balance Sheet highlights g %cht
Slide 8: Quality investment portfolio mandated to meet liquidity requirements and enhance yield
Quality investment portfolio mandated to meet liquidity requirements and enhance UAB. yield atoll puyol Chill UNITED ARAB BANK Investments book primarily consist of debt instruments 0.02% > (AED Bn} a = Debt - Amortised cost 3.0 3.4 = Debt - FVOCI 48 49 = Equity - FVOCI 0.001 0.002 TOTAL INVESTMENTS
Slide 9: Growth in loans driven by both corporate and personal banking customers
Growth in loans driven by both - corporate and personal banking customers UAB Gross loans grew by 19% yoy; business pipeline remains robust Growth in loans primarily led by corporate lending (+5%) (AED Bn) +3% qoq, +19% yoy (AED Bn) | Fy25 | an'26 | 15.0 15.5 Trade Finance & other loans 10 0.8 Pa =
Slide 10: Liquidity and funding metrics remain sound; focused on enhancing CASA deposits
Liquidity and funding metrics remain sound; focused on enhancing CASA deposits to support funding cost optimisation Focused on customer deposit growth to fund our asset strategy UAB anioll yujall Lull UNITED ARAB BANK Remain focused on enhancing CASA% to support funding costs optimisation 6 ¥ (AED B
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Slide 12: Robust capital position provides enhanced resilience towards adverse macroeconomic shocks
Robust capital position provides enhanced resilience towards any adverse macroeconomic UAB. shocks, while supporting asset growth anioll yujall Lull UNITED ARAB BANK Strong earnings and new capital raised in prior year has significantly strengthened the capital position +40bps -62bps ~82bps 16.4% —
Slide 13: Committed to maintaining a resilient credit profile and prioritise prudent risk management
Committed to maintaining a resilient credit profile and prioritise prudent risk UAB. management to deliver sustainable growth and shareholder returns aatoll yujall cil UNITED ARAB BANK LLL We remain cautiously optimistic on the outlook for FY 2026: requisgane éSiSeue eentiment + oil price volatility
Slide 14: Appendix
APPENDIX Uganio Lolc years united UAB ania)! yyod! cL! UNITED ARAB BANK
Slide 15: Summary financials - Income statement and related ratios
Summary financials - Income statement and related ratios UAB Income statement highlights (AED Miltion) an26 ang Mn aus eg. Net Interest Income 157 117 34 151 4 Non-Interest Income 35 48 (27) 65 (45) Total Income 193 165 16 216 (1) Operating Expenses (92) (88) 5 (97) (5) Operating Profit 100 78 29 11
Slide 16: Summary financials - Balance sheet and related ratios
Summary financials - Balance sheet and related ratios UAB Aatoll puyol cliall UNITED ARAB BANK a ans %chg %chg Balance sheet highlights (AED Billion) Mar-26 Mar-25 . Mar'25 Dec-25 pects Total Assets 26.9 23.4 15 27.0 (0) Loans, advances & Islamic financing 15.1 12.5 21 14.6 4 Investments, 8.3 68 22
Slide 17: Disclaimer
Disclaimer UAB anioll yujall Lull UNITED ARAB BANK LLL + This presentation has been prepared for information purposes only and is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase or sell any securities nor shall it or any part of it form the
Slide 18: For any further queries, please contact UAB Investor Relations
For any further queries, please contact UAB Investor Relations ir@uab.ae UAB Financials & Annual Reports Sustainability (ESG) Reports