Slide 1: Investor Presentation | USD
Investor Presentation | USD October 2025 AED USD
Slide 2: Important Information
1 Important Information Disclaimer The material in this presentation is general background information about That could cause actual results, and the Group’s plans and objectives, Emirates NBD's activities current at the date of the presentation. It is information to differ materially from those exp
Slide 3: Economic Environment
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Slide 4: UAE's well diversified GDP projected to grow at healthy rate
3 UAE’s well diversified GDP projected to grow at healthy rate… UAE GDP growth (%) Share of GDP key contributors (%) 7.9 Oil 23% Trade 23% Real estate 15% Real estate 15% 4.4 4.8 4.6 3.6 4.0 Trade 12% Transportation 13% 1.1 Manufacturing 10% UAE Financial services 13% Dubai Financial services 11% YT
Slide 5: Key drivers delivering robust growth momentum
4 …with key drivers delivering robust growth momentum Dubai tourism Projected net inflows of millionaires in 2025 UAE population by age (%) Dubai private school enrollments (AED mn) (thousands) (in thousand pupils) Millionaires: Individuals with high liquid investable wealth of USD +1 million YTD Ju
Slide 6: Emirates NBD Profile
Emirates NBD Profile
Slide 7: Emirates NBD is a leading bank in the MENAT region
6 Emirates NBD is a leading bank in the MENAT region Region’s most AED AED profitable bank 4th 2nd 28.0 177bn Largest bank in GCC Largest bank in UAE US$ 5.2bn by assets by assets Share price Market Cap 9M-25 As of 30 Oct 2025 As of 23 Oct 2025 USD USD USD USD USD USD 10.0bn 6.4bn 5.2bn 310bn 207bn
Slide 8: Emirates NBD at a glance
7 Emirates NBD at a glance Key highlights Emirates NBD’s international presence 1. Largest financial institution in Dubai, one of the largest and most profitable in GCC 2. Leading retail banking franchise with a branch 585 Türkiye network of 797 branches throughout the MENAT region with a branch & r
Slide 9: Strong credit ratings reflecting financial stability
8 Strong credit ratings reflecting financial stability Strong credit ratings A+/A1 Short-term Long-term Outlook Moody’s P-1 A1 Stable A/A2 Fitch F1 A+ Stable A-/A3 CI A1 A+ Stable BBB+/Baa1 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Outlook: Moodys Fitch CI Negative Stable Positive • Str
Slide 10: Stable shareholder base and diversified business model
9 Stable shareholder base and diversified business model Split of ownership – anchored by the Government of Dubai Key highlights Ownership structure as of 30 September 2025 • A flagship bank for the Government of Dubai and the UAE • Strong and supportive shareholder base from the Government of Dubai
Slide 11: Investment case
10 Investment case Emirates NBD is committed to delivering long-term growth and creating value for its stakeholders through innovation, operational excellence, and strategic expansion. By consistently enhancing its financial performance and capitalizing on opportunities in key markets, the Group is
Slide 12: Emirates NBD is the most profitable bank in the region
11 Emirates NBD is the most profitable bank in the region Total income Net profit Total assets Coverage ratio & NPLs (%) CET-1 ratio (%) In USD mn 11 In USD mn In USD bn 9M 2025 As of 30 Sep 2025 NPL% As of 30 Sep 2025 9,984 5,156 381 187 2.0 17.6 9,142 4,967 376 160 2.5 15.9 7,805 4,911 322 151 0.8
Slide 13: Impressive profit growth with strong return on equity
12 Impressive profit growth with strong return on equity Return on Tangible Equity (excluding 2019 NI gain) 16% 20% 18% 19% 20% 17% 10% 13% 17% 24% 22% Net Profit CAGR (2014-2024): 16% Total Income CAGR (2014-2024): 12% ROTE 10-year average : 18% 11.7 12.0 8.9 6.3 6.5 6.3 6.1 5.9 4.7 3.9 4.1 4.0 4.2
Slide 14: Financial & Operating Performance
Financial & Operating Performance
Slide 15: Executive summary 9M'25 Results
14 Executive summary 9M’25 Results Key metrics and guidance USD 6.9bn operating 12% higher income yoy profit on higher volumes, Income Profit propelled by record loan Profit despite lower interest growth and healthy deposit mix $ rates before tax $ 10.0bn $ 6.4bn $ 5.2bn +6% qoq +4% qoq +2% qoq +12%
Slide 16: 10% rise in operating profit to USD 6.9bn
15 10% rise in operating profit to USD 6.9bn driven by record loan growth and healthy deposit mix Income statement 9M’25 9M’24 %∆ YoY Q3-25 %∆ YoY %∆ QoQ (USD bn) • Income grew by 12% yoy to USD 10.0bn driven by Net interest income 7.0 6.5 8% 2.4 6% 7% o NII growth of 8% to USD 7.0bn, fueled by reco
Slide 17: Continued strong margins tracking to guidance
16 Continued strong margins tracking to guidance Net interest margin (%) • 9M’25 NIM of 3.43% within guidance Quarterly NIM • Q3-25 NIM up 1bp to 3.37% supported by improving margins in Türkiye due to Ytd NIM rate cuts lowering funding costs, offsetting FED rate cuts flow through impact 3.75% 3.65%
Slide 18: Strong client flows driving non-funded income growth
17 Strong client flows driving non-funded income growth Non-funded income • Strong broad-based non-funded income, up USD 0.5bn (20%) in 9M’25 driven 9M’25 9M’24 %∆YoY Q3-25 Q3-24 %∆YoY %∆QoQ (USD mn) by strong growth across all segments and geographies Fee and commission income 3,156 2,664 18% 1,147
Slide 19: Record loan growth supported by strong deposit growth
18 Record loan growth supported by strong deposit growth • Loans up 19% by USD 27bn in 9M’25 on very strong underlying growth Gross loans by type – Retail lending up USD 8bn (20%) in 9M’25 across all products and geographies (USD bn) 19% – C&IB lending up USD 21bn (32%) in 9M’25 with USD 26bn of new
Slide 20: Robust credit quality with solid coverage ratios
19 Robust credit quality with solid coverage ratios Impaired loans and allowances • NPL ratio improved to 2.5% in 9M’25, well within guidance of < 3% NPLs 3.9% 3.3% 3.1% 2.8% • 9 bps cost of risk credit in 9M’25 on back of continued strong recoveries, more 2.5% 100%than offsetting proactive provisio
Slide 21: Cost to income ratio well within guidance
Cost to income ratio well within guidance as spend delivers strong 20 business growth and digital & international investment continues Cost to income ratio (%) • Cost to income ratio at 30.5% for 9M’25 comfortably within the guidance of 36.4% ≤33% • Spending on strategic initiatives like digital & i
Slide 22: Funding & liquidity remains very healthy
21 Funding & liquidity remains very healthy Advances to deposit and liquidity coverage ratio (%) • LCR of 149% and ADR of 79% demonstrating healthy liquidity 90 ADR % LCR % • Liquid assets* of USD 32bn cover 12% of total liabilities, 15% of deposits 220 194 197 184 185 • ENBD issued over USD 5bn of
Slide 23: CET-1 ratio strong at 14.7% supporting asset growth
22 Common equity tier 1 (CET-1) ratio strong at 14.7% supporting asset growth Capital progression • 14.7% CET-1 ratio remains very strong as retained earnings offset 18% ytd growth (USD bn) in RWAs 2.4 37.6 2.5 • Credit RWA increase driven by record Retail and Corporate loan growth 5.6 0.2 32.7 (0.4
Slide 24: Divisional performance
23 Divisional performance Operating Segment Metrics 9M-25 9M-24 %∆ YoY Income 3,989 3,656 9% Retail Banking and Wealth Management continued its excellent performance in 9M’25, delivering record income, strong loan growth and continuing growth in CASA Expense 1,167 1,029 13% – USD 17bn of new loan or
Slide 25: ESG
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Slide 26: Emirates NBD: a leading bank in ESG
25 Emirates NBD: a leading bank in ESG USD 19.7 billion already mobilised toward its Continued promoting the bank’s sustainable USD 30 billion 2030 sustainable finance target Emirates NBD fixed term deposit in line with the sustainable finance framework Published the 1st globally sustainability link
Slide 27: ESG forward journey
26 ESG forward journey Emirates NBD’s ESG commitment over the years have enhanced, covering larger and wider aspects of ESG principles. Our journey has been fruitful, and we expect further development in the upcoming years given the plan to standardize the ESG practices and contributions • Release o
Slide 28: Emirates NBD sustainability strategy
27 Emirates NBD sustainability strategy Emirates NBD commits to both regional and international sustainability development goals which enhances the overall agenda for sustainable business strategy and management approach Sustainability approach and frameworks • Emirates NBD’s sustainability strategy
Slide 29: Appendix
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Slide 30: Financial results 9M'25
29 Financial results 9M’25 Excluding DenizBank Income statement 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ ( USD bn) Net interest income 7.0 6.5 8% 2.4 7% 5.2 5.2 - 1.8 3% 1.9 1.3 42% 0.7 20% Non-funded income 3.0 2.5 20% 1.0 2% 2.1 1.6 29% 0.7 8%
Slide 31: Hyperinflation
30 Hyperinflation Türkiye Consumer Price Index DenizBank profitability walk (USD bn) 222% 33% 0.6 72% (0.2) 0.6 0.0 0.6 (0.4) 3,367 3,132 2,955 2,685 2,526 2,319 2,139 0.2 1,859 1,691 1,352 1,270 Sep-22 1,047 1,128 (0.3) Dec-22 Sep-23 Jun-24 Sep-24 Mar-23 Dec-23 Mar-24 Dec-24 Mar-25 Sep-25 Jun-23 Ju
Slide 32: Türkiye's return to orthodox policy supports disinflation
Türkiye’s return to orthodox policy supports disinflation and 31 market confidence Inflation rate vs CB policy rate (%) GDP growth (%) Türkiye's central bank’s tight monetary policy has begun to reign in inflation rate Türkiye’s tight monetary policy has muted GDP growth 80 Inflation Rate CB Policy
Slide 33: Egypt's macroeconomic outlook continues to improve
Egypt’s macroeconomic outlook continues to improve with 32 external support Inflation rate vs CB policy rate (%) GDP growth (%) Slowing inflation has given the Central Bank of Egypt ample room to ease Growth is strengthening once more as policy reforms start to bear fruit monetary policy Inflation R
Slide 34: KSA, resilient growth anchored in diversification
33 KSA, resilient growth anchored in diversification Inflation rate vs CB policy rate (%) GDP growth (%) Government subsidies, strong price controls & increased interest rates have kept inflation Ongoing growth in GDP, with continued contribution from non-oil sector low Inflation Rate CB policy Rate
Slide 35: Our Digital Transformation Journey
34 Our Digital Transformation Journey From 2023 to 2024 15x digital wealth AUM at EI 9.0x digital wealth transaction volume on ENBD X 7.3x transactions on mobile app ENBD X 6.7x personal loans volume sourced on ENBD Tablet X 2.4x accounts sourced digitally in KSA 2.4x faster cash withdrawals on ENBD
Slide 36: Our Digital Transformation Journey
35 Our Digital Transformation Journey Mobile App Users and Digital Adoption (Mn) Monthly transactions on digital channels (Mn) Adoption 89% 91% 14 72% 11 56% 54% 58% 1.4 1.3 0.8 5 6 5 5 0.5 0.5 0.6 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 Credit Cards Sourced through Tablet X No.
Slide 37: Thank You
Thank You For additional information: IR@emiratesnbd.com www.emiratesnbd.com/en/investor-relations