Bank Aljazira · TADAWUL:1020
Bank Aljazira — FY2025 Earnings Presentation
50 slides from Bank Aljazira's earnings presentation, Mar 9, 2026
Slide 1: FY 2025 Investor Presentation
FY 2025 Investor Presentation March 09, 2026
Slide 2: Contents
Contents Aljazira Bank –At a glance 3 Market Trends 8 Strategy Refresh 11 Sustainability 16 Financial 20 Performance Appendix 49 | Investor Presentation | March 09, 2026 2
Slide 3: At a glance: Aljazira Bank
At a glance 01. Aljazira Bank | Investor Presentation | March 09, 2026 3
Slide 4: Aljazira Bank is a leading Shariah compliant financial group in KSA
FY 2025 At a glance Environment Strategy Sustainability Financials Appendix Highlights Distribution 11 Regions in KSA 73 Branches Channels 24 Fawri Centers 565 ATMs 5 Wholly owned 1 Associate subsidiaries Affiliated Al jazira Capital Co. Aljazira Takaful Companies Al jazira Securities Ltd. Aman Dev.
Slide 5: Aljazira Bank history began in 1975
FY 2025 Highlights At a glance Environment Strategy Sustainability Financials Appendix Aljazira Bank history began in 1975 Shariah compliant 70 +branches 1975 1992-94 1998 2007 2009 2019 2023-24 Incorporated Restructuring process Strategic shift from Full conversion into From 24 to 94 branches New 2
Slide 6: Robust business mix fuels growth
Business Mix At a glance Environment Strategy Sustainability Financials Appendix Robust business mix fuels growth 4Q 2025 Group Structure Total Assets Composition (%) Corporate Retail 3% 0.2% Treasury 31% 35% Brokerage & Asset Personal Treasury Insurance Management 30% Other Banking FY 2025 Corporat
Slide 7: Resilient growing balance sheet & diversified revenue sources
FY 2025 Highlights At a glance Environment Strategy Sustainability Financials Appendix Resilient growing balance sheet & diversified revenue sources Record full-year net income of 1.5 billion, up 22% YoY, with operating income rising 18%, driven by broad-based business growth, an improved Income G
Slide 8: Market Trends
02. Market Trends | Investor Presentation | March 09, 2026 8
Slide 9: Resilient KSA's Macroeconomic Fundamentals Support Banking Sector Growth
KSA Market Environment At a glance Environment Strategy Sustainability Financials Appendix Resilient KSA’s Macroeconomic Fundamentals Support Banking Sector Growth Real GDP Growth Breakdown by Main Economic Activities (% Brent Oil Price / Barrel ($) yoy) 14%13% 11% 112 9% 10% 98 7% 9% 6% 98 89 6% 5%
Slide 10: KSA Banking Sector: Key Performance Trends
KSA Banking Industry At a glance Environment Strategy Sustainability Financials Appendix KSA Banking Sector: Key Performance Trends Total Loan Growth (%) Total Deposits Growth (%) +11% CAGR +9% CAGR 15% 15% 14% 11% 10% 9% 8% 9% 9% 6% 2024 2025 2026F 2027F 2028F 2024 2025 2026F 2027F 2028F Total Oper
Slide 11: Strategy Refresh
03. Strategy Refresh | Investor Presentation | March 09, 2026 11
Slide 12: Refreshed strategy focused on corporate partnerships and affluent retail
Refreshed Strategy At a glance Environment Strategy Sustainability Financials Appendix Refreshed strategy focused on corporate partnerships and affluent retail Well-established boutique bank with strong upside potential in the growing Saudi market Mobile first, digitally enabled bank that blends The
Slide 13: Refreshed strategy is delivering consistent improvement across scale, profitability, efficiency, and risk
Refreshed Strategy At a glance Environment Strategy Sustainability Financials Appendix Refreshed strategy is delivering consistent improvement across scale, profitability, efficiency, and risk Growing Scale Rising Profitability Enhanced Efficiency Improved Risk Metrics Total Assets (Bn) Operating I
Slide 14: Transformation agenda continues to progress in year 3 of our 5-year strategy
Strategy Progress At a glance Environment Strategy Sustainability Financials Appendix Transformation agenda continues to progress in year 3 of our 5-year strategy Corporate Segment Time Span for Transformation Initiatives Non-funded assets Activate & Enhance SME Proposition (AMAAL): 2024-2025 growth
Slide 15: Fully digitized franchise drives business growth
Digital Progress Snapshot At a glance Environment Strategy Sustainability Financials Appendix Fully digitized franchise drives business growth Technology Achievements Retail Segment Core Transformation Completed: ✓ Successfully delivered all core platforms: new Core Banking, Data Lake, Digital Penet
Slide 16: Sustainability
05. Sustainability | Investor Presentation | February 26, 2026 16
Slide 17: Sustainability is at core of Aljazira Bank's DNA
Sustainability KPIs At a glance Environment Strategy Sustainability Financials Appendix Sustainability is at core of Aljazira Bank’s DNA Sustainability Key Performance Indicators of Aljazira Key Material Topics and Materiality Matrix: Bank: Umbrella KPI Highly significant Introduce Sustainability Ma
Slide 18: Sustainability Pillars
Sustainability Pillars At a glance Environment Strategy Sustainability Financials Appendix We identified 4 key sustainability pillars to create both business value and sustainable impact Sustainability Pillars: 0 0 0 Impact 04 Sustaining of/by our core Socially Environmentally Value 1 business-banki
Slide 19: ESG embedded across all operations
ESG Highlights At a glance Environment Strategy Sustainability Financials Appendix ESG embedded across all operations Recycling Performance Reverse Vending Shredding Utility Bill “Go Green” Machine Project Reductions Campaign 6,105 kg E of plastics, cardboard and paper recycled, offsetting 7,120 kg
Slide 20: Financial Performance
06. Financial Performance | Investor Presentation | March 09, 2026 20
Slide 21: Balance sheet | healthy asset growth and diversification of funding
Balance Sheet: Summary & Total Assets At a glance Environment Strategy Sustainability Financials Appendix Balance sheet | healthy asset growth and diversification of funding Total Assets (Bn) 4Q 2025 Balance sheet growth driven by increase in financing funded by inflow of +11% customer deposits and
Slide 22: Financing | diversified loan book, solid growth across all key products
Balance Sheet: Financing At a glance Environment Strategy Sustainability Financials Appendix Financing | diversified loan book, solid growth across all key products and client segments 4Q 2025 4Q 2025 Financial composition Financing Movement (Bn) +14% Large corporates 3% Commercial 11% 110.9 Mid co
Slide 23: NPL | moderate ratio supported by timely write-offs
NPL At a glance Environment Strategy Sustainability Financials Appendix NPL | moderate ratio supported by timely write-offs of fully provisioned exposures 4Q 2025 4Q 2025 NPL Ratio (%) NPL Ratio by type (%) 1.44% 1.47% 1.82% 1.85% 1.21% 1.44% 1.34% 1.10% 1.28% 1.03% 0.82% 0.77% 0.77% 0.67% 0.59% 4Q
Slide 24: NPL Coverage | strong cross-cycle levels maintained
NPL Coverage At a glance Environment Strategy Sustainability Financials Appendix NPL Coverage | strong cross-cycle levels maintained 4Q 2025 4Q 2025 NPL Coverage Ratio (%) NPL Coverage Ratio by type (%) 210.4% 240.6% 186.1% 198.1% 175.8% 173.2% 178.8% 163.6% 167.8% 162.4% 132.1% 108.5% 105.4% 107.2%
Slide 25: Investments | increase in fixed-rate assets helps mitigate interest rate risk
Balance Sheet: Investments At a glance Environment Strategy Sustainability Financials Appendix Investments | increase in fixed-rate assets helps mitigate interest rate risk Investments Composition by counterparty (%) 4Q 2025 Investments Composition by type (%) 4Q 2025 10% Investment book is dominate
Slide 26: Deposits | robust customer franchise ensures reliable funding base
Balance Sheet: Deposits At a glance Environment Strategy Sustainability Financials Appendix Deposits | robust customer franchise ensures reliable funding base 4Q 2025 4Q 2025 Customers' Deposits ( Bn) Customers' Deposits Movement ( Bn) +7% +7% 108.2 109.6 114.2 115.3 115.4 2.5 48.4 48.0 7.2 115.4
Slide 27: Liquidity | resilient funding base enables further growth
Liquidity At a glance Environment Strategy Sustainability Financials Appendix Liquidity | resilient funding base enables further growth 4Q 2025 4Q 2025 Basel III Leverage Ratio (%) Loans to Customers' Deposit Ratios (%) Key liquidity ratios 12.0% maintained with 11.6% 91.7% 93.5% 96.1% 89.6% 90.8% c
Slide 28: Capitalization | reinforced capital base positions the Bank for growth
Capitalization At a glance Environment Strategy Sustainability Financials Appendix Capitalization | reinforced capital base positions the Bank to pursue profitable growth 4Q 2025 Capital Ratios (%) Robust capital levels supported by Tier 1 issuance and provide 19.1% 19.9% ample headroom for further
Slide 29: RWA | optimal capital utilization contributes to growing returns
CAR and RWA At a glance Environment Strategy Sustainability Financials Appendix RWA | optimal capital utilization contributes to growing returns RWA Density (%) 4Q 2025 Capital Adequacy Ratio Movement (%) 4Q 2025 RWA density was nearly flat YoY benefitting from a range of +192 bps capital optimizati
Slide 30: Income Statement | excellent top-line performance results in 22% net income growth
Income Statement: Summary & Net Income At a glance Environment Strategy Sustainability Financials Appendix Income Statement | excellent top-line performance results in 22% YoY net income growth 4Q 2025 Quarterly Net Income (Mn) Net income rose by 22% benefiting from strong top-line performance and
Slide 31: Net financing & investment income | NIM remained resilient
Income Statement: Net Financing & Investment Income At a glance Environment Strategy Sustainability Financials Appendix Net financing & investment income | NIM remained resilient amid market pressure 4Q 2025 4Q 2025 Net Financing & Investment Income Movement YoY ( Mn) Net Financing & Investment Inc
Slide 32: Net margin | proved resilient in challenging market conditions
Income Statement: Net Margin At a glance Environment Strategy Sustainability Financials Appendix Net margin | proved resilient in challenging market conditions 4Q 2025 4Q 2025 Net margin Net Margin (%) Quarterly Net Margin (%) improved YoY despite pressure 5.56% 5.42% 5.40% 6.17% 6.04% on the cost o
Slide 33: Fee & other income | high growth rate makes it sizeable contributor
Income Statement: Fee & Other Income At a glance Environment Strategy Sustainability Financials Appendix Fee & other income | high growth rate makes it sizeable contributor to bottom line Fee & Other Income Movement ( Mn) 4Q 2025 Net Fee Income From Banking 4Q 2025 Non-Funded Exposure ( Bn) 4Q 202
Slide 34: Operating Expenses | cost-to-income ratio improved on strong positive jaws
Income Statement: Operating Expenses At a glance Environment Strategy Sustainability Financials Appendix Operating Expenses | cost-to-income ratio improved on strong positive jaws 4Q 2025 4Q 2025 Operating Expenses Composition (%) Operating Expenses Movement ( Mn) +10% Cost-to-assets ratio further
Slide 35: Credit quality | Cost of Risk remains moderate while NPL ratio dropped
Credit quality At a glance Environment Strategy Sustainability Financials Appendix Credit quality | Cost of Risk remains moderate while NPL ratio dropped 4Q 2025 NPL Coverage Ratio Cost of Risk* (%) NPL Ratio and Stage 3 Share (%) 4Q 2025 4Q 2025 186% 3.45% 3.06% 3.16% 0.38% 0.38% 0.36% 2.22% 2.26%
Slide 36: Profitability | returns continued to improve, EPS 23% up in 2025
Income Statement: Profitability At a glance Environment Strategy Sustainability Financials Appendix Profitability | returns continued to improve, EPS 23% up in 2025 4Q 2025 4Q 2025 ROAE (%) ROAA (%) 9.08% 9.29% 8.92% 9.11% 1.09% 1.11% 1.11% 1.13% 8.30% 1.01% 7.96% 8.14% 7.81% 7.68% Normalized 0.96%
Slide 37: Segmental Performance
07. Segmental Performance | Investor Presentation | March 09, 2026 37
Slide 38: Segments | healthy business mix with all segments contributing
Segmental Overview At a glance Environment Strategy Sustainability Financials Appendix Segments | healthy business mix with all segments fairly contributing to net result 4Q 2025 4Q 2025 Total Assets Movement (Bn) Total Assets Composition (%) 0.2% +11% Corporate 5.8 2.0 0.8 0.01 165.9 3% 8.1 Retail
Slide 39: Corporate Segment
Corporate Segment At a glance Environment Strategy Sustainability Financials Appendix Corporate Segment Corporate segment’s net income was 1% down on slowdown of net financing and Total Assets ( bn) Total Liabilities ( bn) investment income in Q4, growth in operating expenses and higher impairment
Slide 40: Retail Segment
Retail Segment At a glance Environment Strategy Sustainability Financials Appendix Retail Segment Retail’s net income increased by 29% driven by growth in net financing and Total Assets ( bn) Total Liabilities ( bn) investment income and fee income, partially offset by higher expenses. Segmental a
Slide 41: Brokerage and asset management segment
Brokerage & Asset Management Segment At a glance Environment Strategy Sustainability Financials Appendix Brokerage and asset management segment Strong 54% increase in net income and 42% increase in operating income driven Assets Under Management ( bn) Traded Value ( bn) by robust growth in net fin
Slide 42: Treasury Segment
Treasury Segment At a glance Environment Strategy Sustainability Financials Appendix Treasury Segment Net income increased by 38% resulting from 26% growth in total operating Total Assets ( bn) Total Liabilities ( bn) income surpassing 9% YoY growth in operating expenses. Assets decreased by 4% li
Slide 43: Historical Trends
08. Historical Trends | Investor Presentation | March 09, 2026 43
Slide 44: Historical Trends
Historical Trends At a glance Environment Strategy Sustainability Financials Appendix Historical Trends Total Assets ( bn) Financing ( bn) Customers’ Deposits ( bn) +13% CAGR +15% CAGR +10% CAGR 110.9 165.9 96.9 115.4 149.1 108.2 129.6 80.8 94.1 115.8 70.6 86.0 62.4 78.4 102.8 2021 2022 2023 2024
Slide 45: Key Ratios
Key Ratios At a glance Environment Strategy Sustainability Financials Appendix Key Ratios Net Margin (%) Cost of Risk (%) Cost to Income (%) Share of Fee & Other Income in Operating Income (%) 2.62% 2.50% 0.97% 58.2% 2.04% 2.03% 2.06% 56.0% 32.8% 54.9% 28.8% 30.3% 52.4% 23.4% 25.4% 0.39% 49.9% 0.30%
Slide 46: Guidance
09. Guidance | Investor Presentation | March 09, 2026 46
Slide 47: Guidance
Guidance At a glance Environment Strategy Sustainability Financials Appendix Guidance Guidance Metric FY 2025 Actual FY 2025 Guidance FY 2026 Guidance Drivers Financing growth +14% with guidance (low teens) High-single digit Growth moderation versus 2025 is in line with market trend and designed to
Slide 48: Appendix
Appendix | Investor Presentation | March 09, 2026 48
Slide 49: Connect with us
At a glance Environment Strategy Sustainability Financials Appendix Connect with us Investors Relations Latest Reports Contacts IR@aljazirabank.com.sa Annual Report 2024 Sustainability Report 2024 Visit our IR website for more investor's disclosures: (Click Here) • Data Supplements • Basel III discl
Slide 50: Forward - looking statements
At a glance Environment Strategy Sustainability Financials Appendix 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 proprietary basis as general background