Riyad Bank · TADAWUL:1010
Riyad Bank — Q1 2026 Earnings Presentation
47 slides from Riyad Bank's earnings presentation, 2026
Slide 1: Investor Presentation 1Q 2026
Investor Presentation 1Q 2026
Slide 2: Content
Content Riyad Bank Profile Strategy Sustainability Operating Environment Financial Performance Appendix
Slide 3: Riyad Bank Profile
Riyad Bank Profi i igo Lo EEDA a
Slide 4: Summary Profile
Profile Summary Profile Riyad Bank is the third largest bank in Saudi Arabia Our Vision Our Employees Our Presence To be the most innovative & trusted financial solutions 28s Employees* 7,1 30 London: Hue partner re e Lo} & FemaleEmployees* 30% ee 1@ 2026 Key Metrics Singapore ° Assets Operating Inc
Slide 5: Market Shares
Market Shares Profile Riyad Bank is consistently in the top 3 KSA banks across arange of metrics 2025 Total Assets (4¢bn) & Market Share (%) 1,210 1,043 519 y 455 26.1% To 50m | i “ Peer1 311 a: Peer2 RiyadBank Peer3 Peer 4 Retail Banking Market Share (%) 92% B.A% 8.2% 8.6% = 8 8.4% 8.2% 79% 7.8% a
Slide 6: Market Parameters
Market Parameters Profile Riyad Bank is a liquid stock with strong domestic ownership Market Capitalization A 52-week Trading Range (4) Riyad Bank Share Price Performance (Indexed to 31 Dec 2020) 31Mar 2026 31Mar 2026 6.6% YTD +83% +, 86.760 18.78 - 22.61 Valuation Metrics 429% fe) 8.2x 1.27x 5.2% 1
Slide 7: Strategy Update
Strategy Update
Slide 8: 2025 Strategy Closure
Strategy 2025 Strategy Closure Aspiration Achievements for 2025 Strategy Strategi 8 . . Gf eee MostProfitable = Most Efficient $088 BankofChoice [FY A Definition Sustainable profit growth Highestreturnon spend and Best bank for customer, and returns to shareholders operational excellence employees a
Slide 9: Key Financial Achievements for 2025 Strategy
2025 Strategy Closure Key Financial Achievements for 2025 Strategy 2020 Total Assets 3 1 0 Le & Atvenscame a 1 9 1 Net Income 4.7 2025 Total Assets 5 19 L & enencecinat = 3 73 Net Income 10.4 Strategy CAGR Growth Total Assets + 1 1 % L & Rime a + 1 4 % Net Income 2 + 1 7 % 2020 Cc I ‘ost to nome maa
Slide 10: Strategic Ambition
Strategic Ambition Strategy 2030 aspiration responds to the key shifts reshaping banking & sector dynamics, digital & customer evolution, and revenue diversification Our strategy is built on four themes: Hyperscale Retail Increase our current customer base through digital acquisition, embedding into
Slide 11: Strategic Ambition: Strategy 2030 pillars
Strategy Strategic Ambition With the Board’s aspiration as our North Star, we have defined an exciting vision and strategic pillars for 2030 Strategy 2030 Become KSA’s most innovative bank, powering the Kingdom's growth g 4S ¢ i Q 1) ¢ STRATEGIC Ww = ae - PILLARS Strong shareholder Delighting custom
Slide 12: Sustainability Update
Sustainability Update
Slide 13: Public
• • • • • • Climate: D Water: C Public
Slide 14: Operating Environment
Operating Enviroment
Slide 15: Global Economy
Global Economy Environment Growth remains modest while disinflation advances unevenly Global economic outlook remains stable but modest, as tighter financial conditions, geopolitical uncertainty, and weaker trade momentum weigh on growth. Inflation is expected to be sticky as energy prices are eleva
Slide 16: KSA Economic Growth
KSA Economic Growth Growth outlook softens this year with strong pick up in 2027 Environment Saudi growth expectations remain solid, but near-term momentum is softening. PMI dropped to 48.8 in March, signaling contraction amid geopolitical tensions. This contrasts with Q4 2025 non-oil growth of 4.3%
Slide 17: KSA Inflation and PMI
Environment KSA Inflation and PMI Inflation stability holds despite the geopolitical tensions Inflation remains contained, reflecting stable domestic price conditions. Housing remains the primary driver of inflation, representing its largest component. While residential costs continue to exert upwar
Slide 18: KSA Banking Sector
KSA Banking Sector Environment The Saudi banking sector is attractively positioned for growth Bank Credit (4bn) CAG! 3,296 AGN 2,956 2,349 " 1,783 2,059 YoY U 416% 114% 414% +12% 2020 2021 2022 2023 2024 2025 Capitalization (%) Liquidity Metrics (%) of 112.7% gy, 102.3% 104.5% 109.8% 91.7% 97.9% 20.
Slide 19: 1Q 2026 Financial Performance
1Q 2026 Financial Performance Public
Slide 20: Balance Sheet Summary
Balance Sheet Summary Financials Balance sheet expanded by 3% YTD mainly driven by a strong growth in the investments portfolio which was funded by customer deposits + Total assets amounted to 44 537 bnas of 31st March 2026, up 3% YTD on the back of 9% growth in investments, 1% growth in loans and a
Slide 21: Loan Book Overview
Loan Book Overview Financials Growth in the loan portfolio is coming from the commercial book, while consumer loans witnessed a slight reduction during the quarter Loans & Advances, Net Movement Commercial Loans, Net by Economic Sector Movement YTD (sbn) Retail Loans, Net by Product Movement YTD. (b
Slide 22: Credit Quality
Credit Quality Financials Solid and resilient financial position with non-performing loan ratio improving year-on-year, reaching 0.84% as of 31St March 2026 NPLs by Segment (4kbn) NPLs (4kbn) NPL Ratio (%) 39 3.0 3.2 u9 aa aa . 3.3 3.0 3.2 1.14% 1.13% ; : ll l [| UJ | a 27 ag 2a 18% cog My, Hl .,, H
Slide 23: Credit Quality
Credit Quality Financials NPL coverage ratio remains healthy at 151.4% with stage 3 coverage stable sequentially standing at 50.0% + Healthy NPL coverage ratio standing at 151.4% as of 315tMarch 2026. + The retail NPL coverage ratio reached 130.7% as of 315tMarch 2026, improving by 4.6% YoY. « The c
Slide 24: Investments
Investments Financials Investments grew by 9% YTD, primarily driven by robust growth in high quality fixed rate assets + Investment portfolio increased by 9% YTD reaching to + 86.8bn as of 31°t March 2026. + The year-to-date growth in investments was mainly coming from the strong growth in fixed rat
Slide 25: Deposits
Deposits Financials Customers’ deposits grew by 6% year-to-date mainly from non interest-bearing deposits + Customer deposits amounted to 4 352.6 bnas of 31°t March 2026, an increase of 6% YTD. + Interest bearing deposits declined by 1% YTD as of 31% March 2026, reaching to 4174.0 bn. + Non-Interest
Slide 26: Public
◆ ◆ ◆ 120.0% 160.0% 100 500 140.0% 100.0% 90 120.0% 80 400 80.0% 70 100.0% 60 300 60.0% 80.0% 50 60.0% 200 40 40.0% 30 40.0% 100 20 20.0% 20.0% 10 0 0.0% 0 0.0% Public
Slide 27: Capitalization
Capitalization Financials Capitalization remains healthy and well above regulatory minima Total Regulatory Capital Movement YTD (4bn) 86.7 2.6 a (0.1) - 4Q-25 Netincome Tier 1 sukuk cost Dividends paid Capital Ratios (%) 19.4% 18.4% 17.5% 17.8% 16.4% 10.9% 16.7% : 15.9% 15.8% 16.0% 13.9% 13.4% 13.3%
Slide 28: Income Statement Summary
Financials. Income Statement Summary Net income reached 4 2,614 million in 1Q 2026, a growth of 5% supported by higher total operating income, resulting in ROAE standing at 16.0% YoY % 4 (mn) 1Q-2026 1Q-2025 Giza. Net Income Movement YoY (4émn) NSCI 3,282 +3% Fee & other income 1,221 41% Total opera
Slide 29: Net Special Commission Income
Financials Net Special Commission Income NSCI witnessed a modest growth, propelled by increased volume which was offset by higher cost of funds + Net special commission income amounted to # 3,385 NSCI Movement Yoy (smn) million in 1Q 2026, a notable growth of 3% over the corresponding period in 2025
Slide 30: Net Special Commission Margin
Financials Net Special Commission Margin NSCI margin stabilized sequentially although benchmark rates were lower « Net special commission margin was lower by NSCI Margin Movement YoY (%) 24bps reaching to 2.85% YoY for 1Q 2026. + Quarterly net special commission margin remains stable on a sequential
Slide 31: Interest Rate Sensitivity
Financials. Interest Rate Sensitivity Neutral sensitivity to the interest rate changes * The Group assess sensitivity to a possible change in special commission rates, with other variables held constant and assuming a constant balance sheet mix. Impact of -25bp rate change Impact of -25bp rate chang
Slide 32: Fee & other income
Financials Fee & other income Expanding products offering with cross-sell activities offset the lower fees from banking services eka) 10-2026 Fed pea Fee & Other Income Movement YoY (mn) Fee income from banking services 1,071 1,190 -10% Fee expenses frombankingservices JMMEEMEE (379) 6% Banking serv
Slide 33: Operating Expenses
Operating Expenses Financials Positive jaws improved cost efficiency despite ongoing investments in people, infrastructure and digital capabilities + Operating expenses before impairments decreased by 1% YoY to reach 4 1,372 million during 1Q 2026 mainly from lower premises and G&A and others. + Ope
Slide 34: Impairment charges
Financials. Impairment charges Proactive risk management and sound asset quality resulted in healthy NPLs and coverage ratio + Impairment charges decrease by 24% YoY to 4 275mn in 1Q 2026. Impairments (smn) 362 a9 336 367 ° 230275 66 ah 311 336 344 209 coq FE -14% +9% +9% -25% (9) (2) 1Q-25 2Q-25 3Q
Slide 35: Segment Dashboard
Financials Segment Dashboard Corporate segment accounts for 64% of total operating income translating into 82% share in net income before Zakat Operating Income Expenses* Impairments Net Income** 10-26 HNL sa-26 hil 1-26 Hallas 1-26 ALLL} gS 415% YoY -10% YoY 45% YoY 429% YoY Corporate Million 2 ‘ 9
Slide 36: Corporate Segment
Corporate Segment Financials Strong growth in operating income, coupled with lower operating expenses and impairments bolstered corporate profitability * Net income before zakat for the Corporate segment rapidly increased by 29% YoY to reach # 2,442mn in 1Q 2026 due to higher operating income, lower
Slide 37: Retail Segment
Retail Segment Financials Retail net income declined by 5% YoY during 1Q 2026, primarily resulted from lower operating income and higher operating expenses * Net income before zakat for the Retall segment declined by 5% YoY to reach 4 125mn in 1Q 2026, mainly due to the reduction in operating income
Slide 38: Treasury and Investments Segment
Treasury and Investments Segment Financials Treasury and Investments net income before Zakat declined by 55% YoY impacted by the decline in NSCI and higher provisions * Netincome before zakat for Treasury and 4 (mn) Investments segment decreased by 55% YoY to reach + 255mn in 1Q 2026, primarily impa
Slide 39: Investment Banking and Brokerage Segment
Financials. Investment Banking and Brokerage Segment Investment banking and brokerage witnessed a decline in net income before Zakat, resulted from lower operating income, higher expenses and impairments y « Net income before zakat for Investment de (mn) 1Q-2026 -Rteb ys YoY % Net Income Before Zaka
Slide 40: Outlook & Guidance
Outlook & Guidan i igo Lo
Slide 41: Guidance
Guidance 2030 strategy fue Balance Sheet Profitability Asset Quality Capital s the promising outlook for 2026 Loans, Net Net Special Commission Income Cost to Income Return on Equity Cost of Credit Risk r=) Tier1 Capital Ratio Financials 1Q 2026 FY 2026 Guidance Drivers 4¢377bn nate anf Positive eco
Slide 42: Historical Performance
Historical Performar Public
Slide 43: Balance sheet 5-year Summary
Balance sheet 5-year Summary Total Assets (Jebn) Loans & Advances, Net (4&bn) Deposits (4kbn) #12% CAGR ‘AGR 451.4 jut 320.1 378.5 325.7 359.7 387.3 [ | Pua) 242.4 274.4 [ | 211.7 240.0 .! ib i = L i i = il I 2021 2022 ©2023 «2024 ~— 2025 2021 2022 ©2023 «20242025 2021 2022 Headline LDR (%) LCR (%)
Slide 44: Income Statement 5-year Summary
Income Statement 5-year Summary Total Operating Income (4mn) +12% CAG 18,381 tzsog 15899 Ba 11,568 “ I | | I 118% l 17% 19% +6% 2021 2022 2023 2024 2025 Net Income (4mn) _ 9,322 10,411 6,025 7,019 [| | J +16% L 415% 416% 412% 2021 2022 2023 2024 2025 NSCI Margin (%) 34.3% _ 3.61% 3.40% 32.4% 2.97% 3
Slide 45: Appendix
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Slide 46: Riyad Bank Contact
Appendix Riyad Bank Contact Contact the investor relations for more information Investor Relations Contact @®) 96611 401 3030 Ext. 3502 BX] Investor.relations@riyadbank.com © _ RiyadBank Tower King Abdullah Financial District (KAFD) Financial Boulevard - Al Ageeq District - Building No. 3128 Postal
Slide 47: Disclaimer
Appendix Disclaimer This presentationhas been prepared by Riyad Bank solely for informational purposes. The presentation may contain forward looking statements, which reflect Riyad Bank's beliefs or current expectations and assumptions regarding the future of the business, future plans and strategie