Bank Aljazira · TADAWUL:1020
Bank Aljazira — H1 2026 Earnings Presentation
28 slides from Bank Aljazira's earnings presentation, Jul 27, 2026
Slide 1: Earnings Presentation 1H 2026
Earnings Presentation 1H 2026 July 27, 2026
Slide 2: Strong increase of net income combined with healthy asset growth
Highlights Strategy & ESG Financials Guidance Appendix Strong increase of net income combined with healthy asset growth Net Income increase driven by funded and unfunded revenues Net Income H1’26 Net Margin H1’26 Cost of Risk H1’26 Maintained strong growth momentum -8 bps YoY expanding commercial an
Slide 3: Macro Recovery Fuels Corporate Credit Momentum
Highlights Strategy & ESG Financials Guidance Appendix Macro Recovery Fuels Corporate Credit Momentum KSA crude oil production, mb/d KSA GDP at current prices by sectors ( tn) 133 3.3 3.5 3.5 106 112 3.0 72 69 68 68 73 86 130 2.8 65 25 64 63 2.3 2.2 2.4 80 1.9 2.0 2.0 2.1 20 1.6 1.7 30 1.4 15 9.5 9
Slide 4: Strategic progress
01. Strategic progress | Earnings Presentation | July 27, 2026 4
Slide 5: Consistent delivery on strategic priorities: growing scale and improving profitability
Highlights Strategy & ESG Financials Guidance Appendix Consistent delivery on strategic priorities: growing scale and improving profitability Growing Scale Building Liquidity Controlling Risks Strengthening Capital CAGR +17% +17% CAGR +11% +16% 25. 0 19.9% 19.9% 19.2% 22. 0% 110.9 121.0 132.7 20. 0
Slide 6: Strategy execution: progressing across all business segments
Highlights Strategy & ESG Financials Guidance Appendix Strategy execution: progressing across all business segments Pillars Corporate Segment Retail Segment Treasury / Brokerage & AM Large & Mid-corporates Becoming the “bank-of-choice” for Affluent Revenue Growth & Diversification / Market Access Sm
Slide 7: Operational transformation powers business growth
Highlights Strategy & ESG Financials Guidance Appendix Operational transformation powers business growth What we achieved materially reduced customer journeys modernized accelerated strengthened developed data improved internal recurring technology across assisted and critical systems digital delive
Slide 8: ESG Highlights
02. ESG Highlights | Earnings Presentation | July 27, 2026 8
Slide 9: ajb continues to deliver impactful ESG initiatives across its operations
Highlights Strategy & ESG Financials Guidance Appendix ajb continues to deliver impactful ESG initiatives across its operations 1H 2026 Recycling Performance 1H 2026 Reverse Electricity Consumption 2027 Climate Targets Vending Machine Successfully remained below the newly 4,325 kg 2% Reduction in en
Slide 10: Financial Performance
03. Financial Performance | Earnings Presentation | July 27, 2026 10
Slide 11: Balance sheet | asset growth supported by robust liquidity
Highlights Strategy & ESG Financials Guidance Appendix Balance sheet | asset growth supported by robust liquidity Strong growth of Financing and Investment portfolio supported by sizeable inflow Total Assets (Bn) 2Q 2026 of customers' deposits Total equity increased by 2% QoQ and 7% YTD supported b
Slide 12: Financing | diversified mix, solid growth aligned with strategic priorities
Highlights Strategy & ESG Financials Guidance Appendix Financing | diversified mix, solid growth aligned with strategic priorities 2Q 2026 2Q 2026 Financing composition Financing Movement (Bn) +9% Large corporates 3% Commercial 10% Mid corporates 65.4% 2.5 121.0 MSME 7.6 20% 41% 110.9 Residential f
Slide 13: Investments | portfolio focused on fixed income and top-quality issuers
Highlights Strategy & ESG Financials Guidance Appendix Investments | portfolio focused on fixed income and top-quality issuers 2Q 2026 2Q 2026 Investments Movement YTD (Bn) Investments ( Bn) +5% +5% 37.6 38.1 39.0 40.2 41.0 0.3 0.4 41.0 1.3 39.0 21.4 21.9 22.2 23.3 24.0 13.9 14.4 14.0 14.1 14.0 2.
Slide 14: Liquidity | strong customer franchise ensures comfortable liquidity position
Highlights Strategy & ESG Financials Guidance Appendix Liquidity | strong customer franchise ensures comfortable liquidity position Total Liabilities Movement YTD (Bn) 2Q 2026 Loans to Customers' Deposit Ratios (%) 2Q 2026 +9% 90.8% 93.5% 96.1% 92.2% 91.1% 17.3 0.1 157.8 144.1 (3.8) 73.8% 73.6% 75.
Slide 15: Deposits | notable CASA increase underpins ajb's growing market share
Highlights Strategy & ESG Financials Guidance Appendix Deposits | notable CASA increase underpins ajb’s growing market share 2Q 2026 2Q 2026 Customers' Deposits ( Bn) Customers' Deposits Movement ( Bn) +15% +15% 124.0 132.7 114.2 115.3 115.4 6.1 0.0 132.7 11.2 51.2 59.2 47.5 48.4 48.0 115.4 66.7 6
Slide 16: Income Statement | results equally driven by funded and unfunded revenues
Highlights Strategy & ESG Financials Guidance Appendix Income Statement | results equally driven by funded and unfunded revenues 2Q 2026 Impressive 14% YoY net Income growth during 1H 2026 driven by stronger Net financing & Quarterly Net Income (Mn) investment income +16% Growth of unfunded income
Slide 17: Net financing & investment income | cost of funds stabilized
Highlights Strategy & ESG Financials Guidance Appendix Net financing & investment income | cost of funds stabilized 2Q 2026 2Q 2026 Net Financing & Investment Income ( mn) Quarterly Net Margin (%) +11% 5.81% 5.89% 5.82% 5.79% 5.69% 842 819 773 4.34% 4.19% 762 3.99% 4.04% 4.02% 711 2.14% 2.01% 2.10%
Slide 18: Fee & other income | robust increase of unfunded portfolio drives fee growth
Highlights Strategy & ESG Financials Guidance Appendix Fee & other income | robust increase of unfunded portfolio drives fee growth Fee & Other Income Movement ( Mn) 1H 2026 Net Fee Income From Banking Non-Funded Exposure ( Bn) 1H 2026 1H 2026 Services Movement ( Mn) +6% -9% +17% 106 708 398 21 6
Slide 19: Operating Expenses | cost-to-assets ratio consistently improving
Highlights Strategy & ESG Financials Guidance Appendix Operating Expenses | cost-to-assets ratio consistently improving 2Q 2026 2Q 2026 Operating Expenses Composition ( Mn) Quarterly Operating Expenses ( Mn) +8% 574 587 611 608 618 Salaries 8% Other G&A 35% Depreciation & amortisation 57% +2% +4%
Slide 20: Credit quality | moderate cost of risk, healthy coverage and lower NPLs
Highlights Strategy & ESG Financials Guidance Appendix Credit quality | moderate cost of risk, healthy coverage and lower NPLs Cost of Risk* (%) 2Q 2026 NPL NPL Ratio and Stage 3 Share (%) 2Q 2026 1H 2026 Coverage Ratio NPL ratio Stage 3 0.38% 0.36% 0.29% 0.20% 0.30% 3.16% 2.22% 2.26% 2.26% 2.27% 17
Slide 21: Capital | capital organic generation coupled with successful T1 issuance
Highlights Strategy & ESG Financials Guidance Appendix Capital | capital organic generation coupled with successful T1 issuance 2Q 2026 2Q 2026 Capital Ratios (%) CAR Pillar 1 Movement (%) 19.1% 19.9% 19.6% 19.2% 17.9% -76 bps 15.7% 17.0% 17.8% 17.6% 17.2% 1.2% 0.7% 0.1% 19.9% 19.2% 11.7% 11.7% 12.3
Slide 22: Profitability | capital and asset returns demonstrate YoY improvement
Highlights Strategy & ESG Financials Guidance Appendix Profitability | capital and asset returns demonstrate YoY improvement FY 2025 2Q 2026 EPS () Return on Equity (%) 1.00 9.21% 9.50% 8.94% 8.36% 8.59% 0.81 0.69 8.10% 7.81% 7.68% 7.24% 7.51% ROAE ROTE* +17% +23% 1H 25 9M 25 FY 25 1Q 26 1H 26 2023
Slide 23: Segments | all business segments fairly contributing to net result
Highlights Strategy & ESG Financials Guidance Appendix Segments | all business segments fairly contributing to net result 2Q 2026 2Q 2026 Total Assets Movement (Bn) Total Assets Composition (%) 0.2% +9% Corporate 5.8 0.0 181.2 3% 3.2 165.9 6.5 (0.2) Retail Treasury 32% 36% Brokerage & Asset Mgmt +1
Slide 24: Guidance
Highlights Strategy & ESG Financials Guidance Appendix Guidance Guidance Metric FY 2025 Actual 1H 2026 Actual FY 2026 Guidance * Financing growth +14% +9.1% YTD Low-teens digit Net Margin 2.06% 2.06% 2.05% - 2.10% Cost of Risk 36 bps 30 bps 35 - 40 bps Cost to Income 52.4% 51.8% below 52% Tier 1 17.
Slide 25: Q&A
Q&A | Earnings Presentation | July 27, 2026 25
Slide 26: Appendix
Appendix | Earnings Presentation | July 27, 2026 26
Slide 27: Connect with us
Highlights Strategy & ESG Financials Guidance Appendix Connect with us Investors Relations Contacts Latest Reports IR@aljazirabank.com.sa Annual Report 2024 Sustainability Report 2025 Visit our IR website for more investor's disclosures: (Click Here) • Data Supplements • Basel III disclosure • Earni
Slide 28: Forward - looking statements
Forward - looking statements Aljazira Bank (ajb) prepared this presentation on a All statements included in this presentation other than Accordingly, no representation or warranty, express or implied, proprietary basis as general background information statements of historical facts, including, with