First Abu Dhabi Bank · ADX:FAB
First Abu Dhabi Bank — Investor Presentation (September 2026)
55 slides from First Abu Dhabi Bank's investor presentation, September 2026
Slide 1: Investor Presentation September 2026
INVESTOR PRESENTATION September 2026
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared by First Abu Dhabi Bank P.J.S.C ("FAB"). The information contained in this presentation may not have been reviewed or reported on by the Group's auditors. FAB relies on information obtained from sources believed to be reliable but does no
Slide 3: FAB, the UAE's global bank
FAB, the UAE’s global bank 3 | H1'26 Earnings Presentation
Slide 4: Scale, resilience, consistent returns through the cycle
The UAE’s global bank Market leader with USD 384bn in assets, connected to the world’s major economic corridors. A financial powerhouse Scale, resilience, A scaled, diversified platform enabling cross-border capital, trade, and investment flows. consistent returns through the cycle A compelling risk
Slide 5: The UAE's global bank
The UAE’s global bank A regional financial powerhouse Among the strongest & safest banks globally Ranked among the world’s Market Market Share safest banks1 Total Assets Strongest combined credit rating among MENA Capitalisation (Total Assets) Top ranked banks at AA- or equivalent #2 In Middle East
Slide 6: A financial powerhouse with a diversified platform
A financial powerhouse with a diversified platform By division…. by geography…. H1’26 Operating Income Personal, Business, Wealth & 22% Investment Banking & Markets Wholesale Banking Privileged Client Banking Group International UAE AED 6.42bn AED 3.41bn AED 6.58bn 78% +8% yoy +16% yoy +2% yoy
Slide 7: A global franchise driving connectivity and cross-border flows
A global franchise driving connectivity and cross-border flows FAB’s international network has significant coverage over UAE’s trade flows 20+ Markets Türkiye - 2025 Iraq - 2022 United Kingdom - 1977 India - 2009 Kuwait - 2006 France - 1979 Bahrain South Korea - 2014 1977 Switzerland - 2007 31% Unit
Slide 8: AA- equivalent credit ratings reaffirmed with stable outlook
AA- equivalent credit ratings reaffirmed with stable outlook Moody’s Fitch S&P Global Ratings Aa3 AA- AA- Outlook: stable Outlook: stable Outlook: stable May 2026 May 2026 July 2026 Strongest Combined Credit Rating Among MENA Banks, Top-tier Globally Resilient fundamentals Systemic relevance Cycle-t
Slide 9: A compelling risk-return profile
A compelling risk-return profile 25.0% Western banks GCC banks APAC banks Morgan Stanley Al Rajhi RBC**** Natwest 20.0% TDBank**** JP Morgan Mashreq FAB ADCB KFH DBS ENBD Return on Tangible Equity (%) Nordea SNB QNB GS Swedbank ICICI* BMO**** State Bank of India* 15.0% CBA** BofA NBK Macquarie* ING
Slide 10: Resilient performance through the cycle
Resilient performance through the cycle Targeting >16% RoTE over the medium-term 30.0% 19.2% 19% 18.5% 25.0% 17.6% 16.8% 20.0% 16.2% 16.1% 15.7% 15.0% 15.1% 14.6% 10.0% 14% 13.0% 5.0% 3.0% 0.0% -5.0% 9% -10.0% 1 FY'17 FY'18 FY'19 FY'20 FY'21 FY'22 FY'23 FY'24 FY'25 H1'26 UAE real GDP growth FAB RoTE
Slide 11: Top-tier shareholder returns, diversified ownership base
Top-tier shareholder returns, diversified ownership base Robust dividend payout track record Strong share price appreciation, sell-side support at new highs1 (AED bn) Net profit Cash dividends 17.1 21.1 44bn Share price rebased to 100 16.4 Cumulative cash dividend payout (20-25) FAB 2 Peer avg. ADSM
Slide 12: Building a future-ready, AI-enabled franchise
Building a future-ready, AI-enabled franchise Pioneering digital innovation, embedding AI at scale 4,800+ Agents 150+ Agentic use cases live, 20% Efficiency and productivity gains Top 3 In the 2026 Evident AI Middle East or in progress across key workflows & Africa Banks Index Scaling AI adoption Dr
Slide 13: The regional pacesetter for sustainability
The regional pacesetter for sustainability Best Combined ESG ratings in MENA Market Leader in MENA green loans 1st Bank to issue a low-carbon energy bond 1st UAE Bank to issue a social bond 1st MENA Bank ➢ To issue a green bond ➢ To sign the UN Sustainable Blue Economy Finance Principles ➢ To be a s
Slide 14: FAB ESG performance at a glance
FAB ESG performance at a glance Supporting the global transition to a Enabling a responsible Championing and embedding best-in- 01 low-carbon and nature-positive future 02 transition for communities 03 class governance practices Sustainable and transition finance Financial inclusion ESG ratings AED
Slide 15: Macro Overview
Macro Overview 15 | August 2026 Investor Presentation
Slide 16: Robust and structurally resilient UAE macro backdrop
Robust and structurally resilient UAE macro backdrop UAE set to continue to outperform global economy1 High oil prices, with fiscal tailwinds expected from OPEC Strong fiscal position versus regional peers3 exit 140 Brent Monthly Average2 (USD/bl) General government fiscal balance as a % of GDP UAE
Slide 17: Accelerating FDI, industrial growth and business formation
Accelerating FDI, industrial growth and business formation The UAE has attracted >50% of the GCC’s FDI flows since 2019 1 Roadmap to accelerate industrial GDP and company formation GCC FDI flows ($bn) UAE FDI flows ($bn) UAE’s National Operation 300bn aims to position the UAE as a global industrial
Slide 18: Post-conflict recovery driving infrastructure capex supercycle
Post-conflict recovery driving infrastructure capex supercycle Project awards trending higher despite regional disruption Significant capex announcements since conflict2 Project Awards1 ($bn) by emirate Abu Dhabi Dubai Other Emirates ADNOC project contracts covering 2026-2028: The first 69 $55bn maj
Slide 19: Landmark UAE projects advancing from award to execution
Landmark UAE projects advancing from award to execution Oil & Gas Power Transport A broad portfolio of strategic oil and gas projects is moving into The UAE is delivering one of the region’s largest power Landmark transport projects, including the Etihad Rail high-speed execution, spanning major fie
Slide 20: FAB positioned to intermediate the UAE's next phase of growth
FAB positioned to intermediate the UAE’s next phase of growth FAB is uniquely positioned at the intersection of scale, sovereign access and structuring expertise, enabling the bank to intermediate the UAE's infrastructure supercycle. Scale, access, and execution position FAB as a leading IB&M and Pr
Slide 21: Abu Dhabi overview
Abu Dhabi overview Aa2 / AA / AA 87% of UAE land area Among the highest rated Population : 4.1mn (+50% since 2014) 6 Ras al Khaimah sovereigns globally Moody’s / S&P / Fitch Ajman Umm al Quwain (All affirmed amid the regional crisis) Sharjah Ajman Dubai Fujairah Abu Dhabi USD 321bn 2024 Nominal GDP
Slide 22: Abu Dhabi's economic diversification momentum
Abu Dhabi’s economic diversification momentum Broad-based growth across key sectors A global hub for AI infrastructure Fastest-growing financial centre in GCC Abu Dhabi’s non-oil economy grew +7.6% yoy as of Q3’251 yoy growth % Construction 13.9 Transportation and storage 13.8 Anchored by the UAE’s
Slide 23: Strong UAE banking sector fundamentals
Strong UAE banking sector fundamentals Robust sector fundamentals1 UAE credit expansion supported by ample liquidity 1 UAE credit growth (yoy %) UAE deposit growth (yoy %) 25% 18% Total banking CBUAE Capital Loan/Deposit NPL 15% 14% system assets FX reserves Adequacy Ratio Ratio Ratio2 1,543 258 17.
Slide 24: Q2/H1'26 financial results
Q2/H1’26 financial results 24 | August 2026 Investor Presentation
Slide 25: H1'26 Key highlights
Record performance with H1’26 profit before tax of AED 13.20bn, +3% yoy or +8% yoy excluding overlays; 18.5% RoTE firmly above medium-term guidance. Strong operating performance reflects broad-based franchise momentum, supported by margin expansion, diversified income streams. H1’26 Robust AED 1.41t
Slide 26: Disciplined execution driving sustainable value
Disciplined execution driving sustainable value Broad-based franchise Regional Accelerating AI Sustainable finance growth driven by client- leadership with adoption, unlocking leadership delivering centric solutions global connectivity measurable value scale and impact • Sustained wholesale momentum
Slide 27: Financial review
Financial review 27 | August 2026 Investor Presentation
Slide 28: Record H1'26 profit driven by strong operating performance
Record H1’26 profit driven by strong operating performance Income Statement - Summary (AED mn) Q2’26 vs Q1’26 (%) vs Q2’25 (%) H1’26 vs H1’25 (%) Operating income grew 7% yoy to AED 19.50bn, driven by Net interest Income 5,867 5 15 11,479 14 14% NII growth supported by higher business volumes, Non
Slide 29: NII up 14% yoy on higher volumes and margin expansion
NII up 14% yoy on higher volumes and margin expansion Group 1.95 1.99 1.97 12,000 NIM (%) 1.85 1.82 1.90 1.75 10,000 Strong NII performance supported by volume growth qoq ↑5%, yoy ↑15% yoy ↑14% and margin expansion. 12,000 8,000 11,479 Net Interest Margin (NIM) was 1.97% over H1’26, 10,000 7bps
Slide 30: Expanding, diversified franchise underpins sustained NFI strength
Expanding, diversified franchise underpins sustained NFI strength Non-Interest Income trend1 (AED bn) FX and Other Investment Income, net (AED bn) As % Operating Income qoq ↑39% yoy ↑3% yoy ↓7%, 32% 34% 38% 45% 41% 4.9 4.6 1.8 2.6 2.7 2.5 2.7 1.9 0.9 1.9 1.0 1.1 1.4 1.9 1.4 0.5 AED 16.4bn 1.0 1.0 0.
Slide 31: Operating efficiency supported by AI-enabled productivity gains
Operating efficiency supported by AI-enabled productivity gains 23.6 22.2 22.6 Cost-to- 21.4 21.8 21.8 21.0 Income 4,500 Ratio (%) 4,000 H1’26 operating expenses were AED 4.25bn, +6% yoy, driven by an 8% increase in staff costs from targeted qoq ↑1%, yoy ↑5% yoy ↑6% 3,500 hiring and expanded AI ca
Slide 32: Underlying franchise momentum driven by disciplined growth
Underlying franchise momentum driven by disciplined growth Healthy lending momentum with portfolio optimisation in Q2 Well-balanced portfolio across economic sectors Gross loans trend by counterparty (AED bn) Manufacturing Construction 6% 2% Real Estate 15%2 +92bn, ↑ 16% yoy Agriculture Energy Tradi
Slide 33: Strong deposit franchise, high-quality, diversified funding mix
Strong deposit franchise, high-quality, diversified funding mix Strong deposit franchise, robust liquidity position with LCR of 140% Resilient CASA mix (AED bn) Customer deposits trend by counterparty (AED bn) 841 871 853 813 848 +40bn, ↑ 5% yoy 488 Fixed 479 449 462 412 Deposits +12bn, ↑ 1% ytd 848
Slide 34: Prudent provisioning reflects disciplined risk management
Prudent provisioning reflects disciplined risk management Impairment charges, net (AED mn) & CoR 3 (bps) NPLs1 and ECLs2 (%) • The increase in net impairment charges yoy primarily reflects management overlays of AED Provision Coverage (%) NPL ratio (%) 650 million in H1’26 in response to the evolvin
Slide 35: Robust capital generation supported by earnings strength
Robust capital generation supported by earnings strength CET1 Ratio progression CET1, Tier 1 and CAR trends (%) 18% 17.1% CAR 14.5% 16% Cash DPS: 15.2% Tier 1 80 fils AED 8.84bn 1.2% +21 bps +63 bps +7 bps 14% 13.7% CET1 13.7% 13.3% 12.8% 12% Sep'21 Sep'24 Sep'20 Sep'22 Sep'23 Sep'25 Dec'22 Dec'20 D
Slide 36: FY26 guidance reaffirmed; loan growth expected at upper-end of guidance
FY26 guidance reaffirmed; loan growth expected at upper- end of guidance Macro-outlook1 H1’26 actuals 2026 guidance Oil price (average) Scale Loan growth +7% ytd ✓ Low- to mid- teens c. USD 83/b Unchanged Cost of Risk 64bps ✓ < 70bps UAE real GDP growth Asset Quality Provision c. 3.0% FY’26 c. 4.8%
Slide 37: Supplementary information
Supplementary information 37 | August 2026 Investor Presentation
Slide 38: Consistently delivering growth, profitability and returns
Consistently delivering growth, profitability and returns Growing scale Rising profitability Cost and risk discipline Enhanced returns Total Assets (AED bn) Total Income (AED bn) NPL Ratio (%) CAGR: +8% CAGR: +12% Return on Tangible Equity (%) 1,404 1,409 1,110 1,169 1,213 4.0 3.9 19.2 1,001 3.9 36.
Slide 39: Segmental overview
Segmental overview Personal, Business, Wealth & Privileged Client Banking Investment Banking & Markets (IB&M) Wholesale Banking (WB) Group (PBW&PCBG) P&L Summary P&L Summary P&L Summary H1’26 H1’25 yoy % H1’26 H1’25 yoy % H1’26 H1’25 yoy % (AED mn) (AED mn) (AED mn) Net interest Income 3,710 2,967 2
Slide 40: Q2/H1'26 highlights – Group financials (AED)
Q2/H1’26 highlights – Group financials (AED) Income Statement - Summary (AED mn) Q2’26 Q1’26 qoq % Q2’25 yoy % H1’26 H1’25 yoy % Net interest Income 5,867 5,612 5 5,085 15 11,479 10,090 14 Non-interest Income 4,301 3,723 16 4,410 (2) 8,024 8,219 (2) Operating Income 10,168 9,335 9 9,495 7 19,503 18,
Slide 41: Q2/H1'26 highlights – Group financials (USD)
Q2/H1’26 highlights – Group financials (USD) Income Statement - Summary (USD mn) Q2’26 Q1’26 qoq % Q2’25 yoy % H1’26 H1’25 yoy % Net interest Income 1,598 1,528 5 1,385 15 3,126 2,747 14 Non-interest Income 1,171 1,014 16 1,201 (2) 2,185 2,238 (2) Operating Income 2,769 2,542 9 2,585 7 5,311 4,985 7
Slide 42: Expanding, diversified franchise underpins sustained NFI strength
Expanding, diversified franchise underpins sustained NFI strength Non-Interest Income trends1 As % Operating Income FX & Other investment income 32% 34% 38% 45% 41% Fees & Commissions (AED bn) Other operating income yoy ↓2% AED 16.4bn 8.2 8.0 1.0 0.7 AED 12.0bn 4.4 4.3 4.2 2.3 2.8 3.8 4.0 0.3 AED 9.
Slide 43: Diversified real estate portfolio
Diversified real estate portfolio Significantly reduced exposure to real estate over time Conservative underwriting policies on real estate 26% 22% 22% 22% 200.0 180.0 Strong sponsor and equity underwriting standards. 19% 19% 160.0 20% 17% 17% 16% 15% In-depth evaluation of asset fundamentals, i
Slide 44: High-quality and diversified investment portfolio
High-quality and diversified investment portfolio By type By ratings By geography By counterparty By liquidity type Jun’26 Jun’26 Jun’26 Jun’26 Jun’26 AED 259bn AED 259bn AED 259bn AED 259bn AED 259bn Dec’25 Dec’25 Dec’25 Dec’25 Dec’25 AED 269bn AED 269bn AED 269bn AED 269bn AED 269bn • 62% rated A
Slide 45: Leading issuer in the MENA region
Leading issuer in the MENA region Liability mix Medium-term wholesale funding Term Borrowings & Sub Debt Issuances1 Maturities1 Customer 8% 46,152 Deposits 67% AED bn Jun’26 Others 8% 1,265 Due to Banks & Repos 18,510 22,160 18,740 AED / bn 14,521 12,229 14% 11,775 7,791 Commercial Paper 4,299 3% Ca
Slide 46: Diversified term funding portfolio
Diversified term funding portfolio By Type1 By Currency By Product2 Other Asian Currency ex-Formosa EUR 3% PP Callable 4% 10% 19% Formosa 23% Bullet US$ Bullet Private CHF 15% Placement 3% 17% GBP 4% CNH Sukuk 1% 18% European Conventional Currency Public 17% 21% US$ Public USD 29% 79% Callables incl
Slide 47: ESG profile
ESG profile 47 | August 2026 Investor Presentation
Slide 48: FAB ESG strategy: structure and execution
FAB ESG strategy: structure and execution Overview of FAB’s ESG Strategy and its core pillars FAB’s ESG Strategy is integrated across our business Support the Global Transition to a Low-Carbon and Business Strategy and Decision Making Nature-Positive Future ESG priorities are embedded into FAB’s bus
Slide 49: Supporting the global transition to a low-carbon and nature-positive future
Supporting the global transition to a low-carbon and nature- positive future 2023 Implemented TCFD recommendations and published first TCFD report 2021 2050 Applied emission reduction net zero targets Group ESG strategy to 8 high-emitting sectors within loan Net Zero finalised and approved portfolio
Slide 50: Advancing the UAE's green finance ambition
Advancing the UAE’s green finance ambition Product breakdown of sustainable finance lending, investing, FAB financed 6 new renewable energy assets in 2025 across UAE, KSA, and facilitation in 2025 Oman, Spain and UK. Sustainable Trade and Transition Loan 0.2% Sustainable Overview of our key impact h
Slide 51: Pathway to reduce carbon emissions
Pathway to reduce carbon emissions FAB is committed to reach net zero emissions (scope 1 and 2) across its own operations by 2030 and net zero across all scopes by 2050. In 2025, FAB achieved a 30% reduction in direct operational emissions (scope 1 and 2) since 2019. Financed Emissions JUNE 2025 The
Slide 52: Operational emissions – a measurable trajectory
Operational emissions – a measurable trajectory Scope 1 & 2 – Progress since 2022 and roadmap to 2030 Scope 1 & 2 Emissions with Intensity (2022-2025) Operational Efficiency 40,000 7 Energy intensity reduction across branches and HQ through energy efficient lighting 39,000 6 and HVACs. 38,000 22.3%
Slide 53: Financed emissions – approach & progress
Financed emissions – approach & progress A disciplined, methodology-led journey delivering measurable progress against the 2023 baseline Our Approach Progress Achieved Methodology, sectors and client engagement Measured against the 2023 baseline Methodology-led foundations • PCAF signatory; methodol
Slide 54: A regional top performer
A regional top performer BEST SCORE WORST Negligible Low Medium High Severe 80+ Low Risk Medium Risk AAA AA A BBB BB B CCC AA A BBB Industry Relevance A B C D F B B- C F 5 4 3 2 1 0 3.1 2.5 2.5 1.7 2.5 Reflects latest ratings as of September 2026 54 | September 2026 Investor Presentation
Slide 55: For more information, please visit
For more information, please visit www.bankfab.com or contact FAB You can also download FAB’s Explore FAB’s IR chatbot on our Investor Relations team at Investor Relations App from App website and IR app for quick access ir@bankfab.com Store / Google Play to access latest to financial information an
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