Abu Dhabi Islamic Bank · ADX:ADIB
Abu Dhabi Islamic Bank — FY2022 Earnings Presentation
32 slides from Abu Dhabi Islamic Bank's earnings presentation, Jan 31, 2023
Slide 1: FY 2022 Earnings Presentation
ADIB (% s-si'*-38 ADIB IR Website FY 2022 Earnings Presentation load link: Abu Dhabi, 31 January 2023 IR App Download lin| G AppStore | D> GooglePiey
Slide 2: Contents
couuitauighosao = Contents AbiB GW FY 2022 Earnings Presentation Key Highlights ADIB Strategy 2025 Financial Performance Outlook & Guidance Questions & Answers Contacts Disclaimer
Slide 3: Key Highlights
ADIB ( s-ail=35 Key Highlights FY 2022 Earnings Presentation NOURWN oD
Slide 4: Key Highlights
= Key Highlights ADIB G Net income exceeding AED 3.6bn driven by improved revenues, strong asset growth 55% YoY increase in net income to AED 3.6 billion in 2022 Revenue up 23% to AED 6.8 billion driven by 24% growth in funded income and 21% improvement in non-funded income ROE improving 7.1 percent
Slide 5: Executing ADIB Strategy
ADIB ( s-ail=35 Executing ADIB Strategy FY 2022 Earnings Presentation NoauaWwW PQ =
Slide 6: ADIB Strategy 2025
ADIB Strategy 2025 In 2020 ADIB launched strategy 2025 with a renewed purpose and vision Purpose Lifelong partner for customers, colleagues and community Vision The world’s most innovative Islamic bank 4-Pillar Strategy ‘ Pe 295 é Sustainable Future Continuous Segment Digital Innovation Focused Exce
Slide 7: Update on Strategy Progress
= Update on Strategy Progress ADiB © ADIB continues to deliver on its strategy in 2022 Continuous Key product launches Amwali Youth Account Asset Management Payment Service Innovation + Yosr salary advance + Small business finance to support SME 10,000 $154 mn AED 3.9 mn * Government payment service
Slide 8: ADIB Strategy 2025 Strategic Targets
= ADIB Strategy 2025 Strategic Targets A commitment to driving value ROE 20% Net Profit* 2x C/I Ratio <36% NPS #1 STP >85% *Strategy formulated in 2020
Slide 9: Financial Performance
Financial Performance FY 2022 Earnings Presentation NoauUa Wn
Slide 10: Financial Performance Highlights
= Financial Performance Highlights ADIB delivers AED 3.6 billion in net income, up 55% from 2021 Strong YoY Growth in Profitability Solid Balance Sheet Growth YTD 3.6bn 169bn Net Income Total Assets +55% M& 423% 6.8bn 113bn Revenues Gross Customer Financing +23% & +22% 2.4bn 138bn Expenses Deposits
Slide 11: Income Statement
Income Statement ADIB © 55% growth in profitability underscored by positive increases in our assets, gross financing and revenue Net Income (AEDmn) Net Income Movement YoY (AEDmn) 1,400 1,167 1,200 1,000 +55% | 800 600 806 469 186 3,619 400 2,330 = — — — —_ 200 nH -127 -45 oO 1Q21 2Q21 3Q21 4Q21 1Q
Slide 12: Funded Income
Funded Income Net profit margin rose 47bps reflecting stronger volumes and higher rates environment coluitatighinas ADIiB G Net Profit Margin (%) Net Profit Margin Movement YoY (%) S% 4.33% , 3.73% 4% 3.50% 3.47% 3.44% 3.41% 3.934, 3.44% | +47bps 3% 3.56% 3.15% 3.13% 3.12% 3.09% 99% 3.13% 395% 3.09%
Slide 13: Non-Funded Income
Non-Funded Income ADIB © Robust fee generation drives 21% YoY growth in non-funded income in 2022 Non-Funded Income (AEDmn) = Non-Funded Income Movement YoY (AEDmn) +21% +45% | 970 477 “70 2,684 667 620 2,215 _ = —_ — ‘ 551 506 491 rf 549 546 = “416 2 = 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q 22 Non-f
Slide 14: Operating Expenses
Operating Expenses ADiB u Cost to income ratio improved by 573bps to 34.9% helped by revenue growth and effective cost control strategy Cost To Income Ratio (%) = Expenses Movement YoY (AEDmn) [— _ -573bps P +6% 443% 43.9% 42.2% 40.7% 40.9% 40.9% om .| 34.9% Tut l 102 5 20 2,387 N yo a i) 1Q21 qH21
Slide 15: Digital Banking
Digital Banking Progress made on ADIB's digital strategy is reflected in UAE's highest customer ratings and other key digital metrics. coluitatighinas ADIiB G Digitally Active Customers (%) 75% 71% Digital Sales (% of Total) 70% 70% 6% 70% 60% 51% 41% 70% aga 65% 50% 44% soy 42% «44% 10% ove 40% 60%
Slide 16: Impairments
Impairments A 19% decline in impairments and 40bps decline in cost of risk YoY due to an improved economic outlook coluitatighinas ADIiB G Impairments Movement YoY (AEDmn) Impairments (AEDmn) | -19% | +105% 954 80 | — 29 2 3 «769 || — — 233 384 416 390-29 - 134 [ 20300 131485 i oT Boo Oo Impairments
Slide 17: Non-Performing Financing
Non-Performing Financing NPA rose 5% during 2022 from business-as-usual corporate grade migration ADIB © NPA (AEDmn) =NMc Group +5% ] 85% NPA Coverage 7,746 7,786 8,025 8,286 8,355 8,175 8,597 8,705 2———_ 1021 2921 3Q21 4Q21 1Q 22 2Q 22 3Q 22 4Q 22 Q0Q +1% 43% 43% +1% 2% +5% +1% NPA Composition by S
Slide 18: Non-Performing Financing
Non-Performing Financing ADiB © NPA ratio moderating and coverage ratio improving with improved economic environment = NPA Ratio (%) = NPA Coverage Ratio (%) 10.0% 140% 127.9% 111.9% 115.2% 118.2% 120.0% 121.1% 123.7% 2.4% eo 95% 120% - —o— —e oe _S— 8.9% 9.0% 8.9% - 9.0% - 8.8% ~ 8.8% 100% 80% " _@
Slide 19: Balance Sheet
Balance Sheet ADIB reported 23% growth in total assets in 2022 coluitatighinas ADIiB G Total Assets (AEDbn) = Total Assets Movement YoY (AEDbn) 168.5 180 +23% 199 4307 1306 1334 1369 1386 M19 2 | | 141 = oe -—_—_+—_*+ iad 19.5 57 1.0 168.5 400 136.9 25 29 = — — 80 —_- —_— : By 40 = = Totalassets Cas
Slide 20: Customer Financing
Customer Financing Financing growth of 22% driven by Retail, Government & Public Sector coluitatighinas ADIiB G Customer Financing, Net (AEDbn) Customer Financing, = Customer Financing, Gross Movement YTD (AEDbn) Gross by Segment (%) 120 107.7 98.2 ones +22% 100 88,3 90.292.2 : 83.1 83.784.4 Private
Slide 21: Customer Deposits
Customer Deposits Deposit growth of 26% with CASA comprising 68% of total customer deposits coluitatighinas ADIB & Total Deposits (AEDbn) 138.1 103.1 105.2 107.0 109.6 nos 152 100 ee —- —- — 50 1921 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q 22 Total Deposits by Segment (%) Treasury i : Private | 3.0bn 85% Co
Slide 22: Capital and Liquidity
Capital and Liquidity Robust capitalization and liquidity positions, well within regulatory requirements ADIB © Capitalization Ratios (%) 25% 20% 15% 10% 5% 0% 19.5% 18.4% 13.8% 18.0% 17.9% 47.2% 16.9% 16.8% 16.0% 12.8% 12.8% 12.1% CAR ratio 9M 21 —* eT ratio 1H22 9M 22 FY 22 —STratio Liquidity Rati
Slide 23: Outlook and Guidance
ADIB ( s-si!=35 Outlook and Guidance FY 2022 Earnings Presentation Nou J wn
Slide 24: Outlook for 2023
Supportive economic backdrop and solid financial & strategic foundations drive a promising outlook for 2023
Slide 25: Questions & Answers
Questions & Answers FY 2022 Earnings Presentation NO UTA wWNO=
Slide 26: Consistent dividend distribution
= Consistent dividend distribution ADiB © ADIB consistently distribute dividends with average yield above 4.5% Shareholder Return Metrics 12.0 10.0 — Share Price 6.0 HE Dividend Yield 4.0 2.0 0.0 Net Profit in AED mn 1201 1,450 1751 1,934 1,954 2,300 2,501 2,601 1,604 2,330 3,619 Cash Dividend Payou
Slide 27: Ratings and Accolades
= Ratings and Accolades ADIB's recognition for excellence in Islamic banking Credit Ratings Moopy’s A2 Stable Outlook FitchRatings A+ Stable Outlook ADIB's MSCI ESG Rating MSCI ESG RATINGS (ecc| @ | BB | bes PWN AA | AAA] MSCI Rating Distribution 25% 16% 6% 24% 25% 2% A AA AAA Recent Accolades #1 Di
Slide 28: ADIB Share Price Performance
ADIB Share Price Performance From beginning of 2021 to 4Q 2022 ADIB’s share price is up 94% ADIB © 1 10 911 28
Slide 29: Contacts
Contacts FY 2022 Earnings Presentation NOY ub wna
Slide 30: Additional Information
= Additional Information ADIB © Please contact the Investor Relations team for additional information or download ADIB's IR App ADIB Investor Relations Contact ADIB Investor Relations App Mrs. Lamia Khaled Hariz Head of Public Affairs and Investor Relations E: Lamia.Hariz@adib.com ADIB T: +917 2 634
Slide 31: Disclaimer
Disclaimer FY 2022 Earnings Presentation No auawna
Slide 32: Disclaimer
Disclaimer ADiB © The information contained herein has been prepared by Abu Dhabi Islamic Bank PJSC (ADIB). ADIB relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for information purposes only
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