Bank Aljazira · TADAWUL:1020
Bank Aljazira — H1 2026 Earnings Presentation
50 slides from Bank Aljazira's earnings presentation, Aug 20, 2026
Slide 1: 1H 2026 Investor Presentation
1H 2026 Investor Presentation August 20, 2026
Slide 2: Contents
3 Contents Aljazira Bank–At aglance Market Trends 8 Strategy Refresh 11 Sustainability 16 Financial Performance 20 Appendix 49 | Investor Presentation | August 20, 2026 2
Slide 3: At a glance
At a glance 01. Aljazira Bank | Investor Presentation | August 20, 2026 3
Slide 4: Aljazira Bank is a leading Shariah compliant financial group in KSA
1H 2026 Highlights At a glance Environment Strategy Sustainability Financials Appendix 73 Branches Distribution Channels 11 Regions in KSA 568 ATMs Key Subsidiaries: Wholly owned Affiliated Companies 5 Al jazira Capital Co. subsidiaries Al jazira Securities Ltd. Net income Profitability 848 Mn +22%
Slide 5: Aljazira Bank history began in 1975
1H 2026 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 2023-2025 Incorporated Restructuring Strategic shift from Full conversion into a From24 to 94 New 2019-23strategy
Slide 6: Robust business mix fuels growth
Business Mix At a glance Environment Strategy Sustainability Financials Appendix Robust business mix fuels growth 2Q 2026 Group Structure Total Assets Composition (%) 0.2% Corporate 2.5% Retail 31.7% Treasury 36% Brokerage & Asset Management Personal Treasury Insurance 29.6% Banking Other 1H 2026 Co
Slide 7: Strong increase of net income combined with healthy asset growth
1H 2026 Highlights At a glance Environment Strategy Sustainability Financials 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 ex
Slide 8: Market Trends
02. Market Trends | Investor Presentation | August 20, 2026 8
Slide 9: Macro Recovery Fuels Corporate Credit Momentum
KSA Market Environment At a glance Environment Strategy Sustainability Financials 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 2.8 3.0 72 69 68 68 73 86 130 2.3 2.4 65 2.2 25 64 63 2.0 2.0 2
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 (%) +10% CAGR +9% CAGR 15% 15% 14% 9% 9% 9% 10% 8% 8% 7% 2024 2025 2026F 2027F 2028F 2024 2025 2026F 2027F 2028F Total Opera
Slide 11: Strategy Refresh
03. Strategy Refresh | Investor Presentation | August 20, 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 The Refreshed Mobile first, digitally enabled bank t
Slide 13: Consistent delivery on strategic priorities: growing scale and improving profitability
Refreshed Strategy At a glance Environment Strategy Sustainability Financials 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%
Slide 14: Strategy execution: progressing across all business segments
Refreshed Strategy At a glance Environment Strategy Sustainability Financials Appendix Strategy execution: progressing across all business segments Pillars Time Span for Transformation Initiatives Corporate Segment Retail Segment Treasury / Brokerage & AM 42 Total (all segments) Becoming the “bank-o
Slide 15: Operational transformation powers business growth
Refreshed Strategy At a glance Environment Strategy Sustainability Financials 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
Slide 16: Sustainability
05. Sustainability | Investor Presentation | August 20, 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 Bank: Key Material Topics and Materiality Matrix: Umbrella KPI Introduce Sustainability Maturity Index Highly
Slide 18: We identified key sustainability pillars to create business value and impact
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: 01 02 03 04 Sustaining of/by our core Socially Environmentally Impact Value business-bank
Slide 19: ajb continues to deliver impactful ESG initiatives across its operations
ESG Highlights At a glance Environment Strategy Sustainability Financials 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
Slide 20: Financial Performance
06. Financial Performance | Investor Presentation | August 20, 2026 20
Slide 21: Balance sheet | asset growth supported by robust liquidity
Balance Sheet: Summary & Total Assets At a glance Environment Strategy Sustainability Financials 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 Tota
Slide 22: Financing | diversified mix, solid growth aligned with strategic priorities
Balance Sheet: Financing At a glance Environment Strategy Sustainability Financials 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.
Slide 23: NPL | consistent decline in NPL ratio underpins solid asset quality
NPL At a glance Environment Strategy Sustainability Financials Appendix NPL | consistent decline in NPL ratio underpins solid asset quality 2Q 2026 2Q 2026 NPL Ratio (%) NPL Ratio by type (%) 1.47% 1.85% 1.32% 1.64% 1.34% 1.28% 1.10% 1.03% 0.87% 0.77% 0.72% 0.73% 0.67% 0.59% 0.72% 2Q 25 3Q 25 4Q 25
Slide 24: NPL Coverage | powerful coverage ratio reflects prudent provisioning policies
NPL Coverage At a glance Environment Strategy Sustainability Financials Appendix NPL Coverage | powerful coverage ratio reflects prudent provisioning policies 2Q 2026 2Q 2026 NPL Coverage Ratio (%) NPL Coverage Ratio by type (%) 186.1% 280.4% 177.4% 167.8% 162.4% 198.1% 173.2% 178.8% 159.0% 151.2% 1
Slide 25: Investments | fixed-rate assets growth shields margins
Balance Sheet: Investments At a glance Environment Strategy Sustainability Financials Appendix Investments | fixed-rate assets growth shields margins Investments Composition by counterparty (%) 2Q 2026 Investments Composition by type (%) 2Q 2026 9% Investment book is dominated by 13% Fixed rate 6% F
Slide 26: Deposits | record CASA growth fuels the franchise
Balance Sheet: Deposits At a glance Environment Strategy Sustainability Financials Appendix Deposits | record CASA growth fuels the franchise 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
Slide 27: Liquidity | robust liquidity enables growth
Liquidity At a glance Environment Strategy Sustainability Financials Appendix Liquidity | robust liquidity enables growth Basel III Leverage Ratio (%) 2Q 2026 Loans to Customers' Deposit Ratios (%) 2Q 2026 Key liquidity ratios maintained with 12.0% 11.9% 93.5% 96.1% comfortable 90.8% 92.2% 91.1% 11.
Slide 28: Capitalization | strong capital reinforced by Sukuk issuance
Capitalization At a glance Environment Strategy Sustainability Financials Appendix Capitalization | strong capital reinforced by Sukuk issuance 2Q 2026 Capital Ratios (%) Robust capital levels supported by Tier 1 issuance and provide ample headroom 19.1% 19.9% 19.6% 19.2% for further business growth
Slide 29: RWA | smarter capital allocation drives RWA density lower
CAR and RWA At a glance Environment Strategy Sustainability Financials Appendix RWA | smarter capital allocation drives RWA density lower even as the book expands RWA Density (%) 2Q 2026 Capital Adequacy Ratio Movement (%) 2Q 2026 RWA density declined from 77.0% to 75.0% YoY as continued capital -76
Slide 30: Income Statement | results equally driven by funded and unfunded revenues
Income Statement: Summary & Net Income At a glance Environment Strategy Sustainability Financials 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 (M
Slide 31: Net financing & investment income | funded income accelerates 10% YoY
Income Statement: Net Financing & Investment Income At a glance Environment Strategy Sustainability Financials Appendix Net financing & investment income | funded income accelerates 10% YoY Net Financing & Investment Income Movement YoY ( Mn) 1H 2026 Net Financing & Investment Income ( Mn) 2Q 202
Slide 32: Net margin | net margin holds firm within guidance
Income Statement: Net Margin At a glance Environment Strategy Sustainability Financials Appendix Net margin | net margin holds firm within guidance 2Q 2026 2Q 2026 Net margin of 2.06% Net Margin (%) Quarterly Net Margin (%) in 1H’26 sits within the 2.05–2.10% 5.40% guidance range 5.81% 5.89% 5.82% 5
Slide 33: Fee & other income | unfunded exposure growth supports fee income
Income Statement: Fee & Other Income At a glance Environment Strategy Sustainability Financials Appendix Fee & other income | unfunded exposure growth supports fee income Fee & Other Income Movement ( Mn) 1H 2026 Net Fee Income From Banking Non-Funded Exposure ( Bn) 1H 2026 1H 2026 Services Moveme
Slide 34: Operating Expenses | cost discipline drives CIR and costs-to-assets down
Income Statement: Operating Expenses At a glance Environment Strategy Sustainability Financials Appendix Operating Expenses | cost discipline drives CIR and costs-to-assets down 1H 2026 1H 2026 Operating Expenses Composition (%) Operating Expenses Movement ( Mn) Cost-to-assets ratio declined to +8%
Slide 35: Credit quality | moderate cost of risk, healthy coverage and lower NPLs
Credit quality At a glance Environment Strategy Sustainability Financials 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
Slide 36: Profitability | capital and asset returns demonstrate YoY improvement
Income Statement: Profitability At a glance Environment Strategy Sustainability Financials Appendix Profitability | capital and asset returns demonstrate YoY improvement 1H 2026 1H 2026 Return on Equity (%) ROAA (%) 9.21% 9.50% 0.98% 0.98% 8.94% 8.59% 0.97% 8.36% 0.96% 0.96% 8.10% 7.81% 7.68% 7.24%
Slide 37: Segmental Performance
07. Segmental Performance | Investor Presentation | August 20, 2026 37
Slide 38: Segments | all business segments fairly contributing to net result
Segmental Overview At a glance Environment Strategy Sustainability Financials 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 2.5% 3.2 165.9 6.5 (0.2) Retail Treasury
Slide 39: Corporate Segment
Corporate Segment At a glance Environment Strategy Sustainability Financials Appendix Corporate Segment Corporate net income before zakat grew 15% YoY to 415mn in 1H26, driven by Net Total Assets ( bn) Total Liabilities ( bn) financing & Investment Income (+5%) and Fee & other income (+7%) growth
Slide 40: Retail Segment
Retail Segment At a glance Environment Strategy Sustainability Financials Appendix Retail Segment Retail net income declined 15% YoY to 303mn in 1H26 as opex (+17%) and a 25% Total Assets ( bn) Total Liabilities ( bn) fee-income drop outweighed 8% net financing & investment income growth. Assets
Slide 41: Brokerage and asset management segment
Brokerage & Asset Management Segment At a glance Environment Strategy Sustainability Financials Appendix Brokerage and asset management segment Net income declined 26% YoY to 125mn in 1H26 on softer market activity, though Assets Under Management ( bn) Traded Value ( bn) traded value increased 1%
Slide 42: Treasury Segment
Treasury Segment At a glance Environment Strategy Sustainability Financials Appendix Treasury Segment Treasury net income surged 84% YoY to 235mn in 1H26 as operating income grew Total Assets ( bn) Total Liabilities ( bn) 54%, outpacing 10% expense growth. Assets +11% YTD to 57.5bn; liabilities
Slide 43: Historical Trends
08. Historical Trends | Investor Presentation | August 20, 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) +14% CAGR +17% CAGR +13% CAGR 181.2 121.0 132.7 165.9 110.9 108.2 115.4 149.1 129.6 96.9 94.1 115.8 80.8 86.0 70.6 2022 2023 2024 20
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 (%) 2.50% 58.2% 0.39% 2.04% 2.03% 2.06% 2.06% 0.36% 54.9% 56.0% 32.8% 0.30% 0.32% 0.30% 28.8% 30.3% 29.9% 52.4%
Slide 46: Guidance
09. Guidance | Investor Presentation | August 20, 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 with guidance * Guidance raised from high-single to low-teens digit +14% (low teens) Low-teens digit growth, reflecting the
Slide 48: Appendix
Appendix | Investor Presentation | August 20, 2026 48
Slide 49: Connect with us
At a glance Environment Strategy Sustainability Financials Appendix Connect with us Investors Relations Contacts Latest Reports IR@aljazirabank.com.sa Annual Report 2025 Sustainability Report 2025 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 implied, proprietary basis as general ba