First Abu Dhabi Bank · ADX:FAB
First Abu Dhabi Bank — Investor Presentation (September 2025)
40 slides from First Abu Dhabi Bank's investor presentation, September 2025
Slide 1: Investor Presentation September 2025
SEPTEMBER 2025 INVESTOR PRESENTATION Scan to access the full presentation
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared by First Abu Dhabi Bank P.J.S.C ("FAB"). The information contained in this presentation may not have been reviewed or reported on by the Group's auditors. FAB relies on information obtained from sources believed to be reliable but does no
Slide 3: FAB, the UAE's global bank
HEADLINE FAB, the UAE’s global bank
Slide 4: The UAE's global bank
The UAE’s global bank A regional financial powerhouse Among the strongest and safest banks globally 1.34 trillion 183 billion Aa3 / AA- / AA- Strongest combined credit rating among MENA banks (Moody’s / Fitch / S&P ) (USD 366bn) (USD 50bn) Outlook: stable Total Assets Market Capitalisation Among top
Slide 5: Powered by scale, financial strength and innovation
Powered by scale, financial strength and innovation Regional financial powerhouse with global connectivity Among largest regional financial institutions, leveraging footprint spanning 20+ markets Diversified franchise delivering consistently strong returns Across divisions, geographies, and sources
Slide 6: Consistently delivering growth, profitability and returns
Consistently delivering growth, profitability and returns Growing scale Rising profitability Cost and risk discipline Enhanced returns Total assets (AED bn) Total income (AED bn) NPL ratio (%) CAGR: +9% CAGR: +13% Return on Tangible Equity (%) 1,213 1,343 1,110 1,169 4.0 3.9 3.9 20.5 1,001 31.6 3.4
Slide 7: Strong return profile and shareholder base
Strong return profile and shareholder base Robust dividend payout track record Diverse shareholding, growing foreign ownership 16,405 17,055 Foreign ownership vs. large UAE peers 13,411 AED 27.2bn 23.8% 37.9% Net profit 12,531 Cumulative cash Foreigners Mubadala Investment (AED Million) FAB 23.8% di
Slide 8: AA- level Credit Ratings
AA- level Credit Ratings MOODY’S S&P Fitch Strongest combined credit rating LT Aa3 AA- AA- among MENA banks ST P-1 A-1+ F1+ Outlook Stable Stable Stable “The bank's role as primary banker for the Government of Abu “S&P Global Ratings expects FAB to retain its profitability in ‘The bank benefits from
Slide 9: Among the most profitable AA- rated banks globally
Among the most profitable AA- rated banks globally 30% Mashreq Western banks GCC banks APAC banks 25% JP Morgan ENBD 20% Al Rajhi DBS Morgan Stanley Nordea KFH Natwest ICICI* Return on Tangible Equity (%) RBC**** Swedbank QNB State Bank of India* NBK SNB 15% ADCB UOB OCBC Scotia**** HSBC HDFC Bank*
Slide 10: Our international franchise is a key differentiator
Our international franchise is a key differentiator Our international network helps facilitate growing cross-border trade, investment and liquidity flows… Trade flows to UAE (Imports & Exports) …and is a key contributor to the Group Europe ► USD 140bn (15% of total) 29% Group assets North America ►
Slide 11: A unique sustainability profile
A unique sustainability profile 1st MENA Market 1st GCC Bank Leader Bank to issue a green bond in MENA green loans1 to commit to net zero by 2050 1st MENA 1st MENA 1st MENA Bank Bank Bank to publish a TCFD and PRB to publish a transition plan to publish a TNFD report report 1st GCC 1st MENA Best Ban
Slide 12: H1'25 strategic highlights
H1’25 strategic highlights Broad-based franchise growth Regional leadership with Accelerating AI adoption journey, Operating from a position driven by client-centric solutions global connectivity unlocking measurable value of strength • Double-digit revenue growth and • International franchise loans
Slide 13: Robust macro fundamentals
HEADLINE Robust macro fundamentals
Slide 14: Robust UAE macroeconomic backdrop
Robust UAE macroeconomic backdrop UAE set to continue to outperform global economy1… …against a backdrop of relatively resilient oil prices2 UAE presents healthy fiscal balance vs. other GCC countries3 UAE vs Global Real GDP growth (%) General government fiscal balance as a % of GDP Oil Production (
Slide 15: Clear plans in place to boost FDI flows, industrial GDP
Clear plans in place to boost FDI flows, industrial GDP The UAE has attracted >50% of the GCC’s FDI flows since 20191 Clear plans to accelerate industrial GDP by 20312 FDI flows, USD bn The UAE’s national investment strategy Operation 300bn aims to develop the UAE’s industrial sector and 2031 sets a
Slide 16: Abu Dhabi: The capital of capital
Abu Dhabi: The capital of capital Abu Dhabi at a glance Home to large SWFs, a fast-growing financial center and a buoyant stock exchange AA 68% Home to some of the world’s largest SWFs Abu Dhabi Global Market (ADGM)2 Highest sovereign Contribution to • Fastest growing financial center in the region3
Slide 17: Abu Dhabi: Strong diversification momentum
Abu Dhabi: Strong diversification momentum A successful economic diversification journey A global hub for AI infrastructure and innovation % growth, Abu Dhabi - Overall GDP $1.4tn UAE investment framework into the US: YoY to Q1’251 Growth 3.4 • AI infrastructure and data centre investment a key comp
Slide 18: Solid banking sector fundamentals
Solid banking sector fundamentals Lending growth fueled by robust economy, ample liquidity FAB has a dominant market share3 Credit growth, net (YoY) Deposits growth (YoY) >30% >29% >25% 13.5% 12.9% 12.7% 11.3% 7.9% 5.8% 6.5% 5.9% 4.1% 10.9% 10.4% 6.2% 0.8% 5.2% 7.4% 5.7% 1.7% 4.3% 0.1% 0.8% Total As
Slide 19: Q2 / H1'25 financial results
HEADLINE Q2 / H1’25 financial results
Slide 20: H1'25 key highlights
H1’25 key highlights • Record profitability in H1'25 with net profit of AED 10.63bn (+26% yoy), 20.5% RoTE firmly on track with medium-term guidance. • Maintained strong revenue momentum supported by broad-based business growth, healthy margins, and improved revenue mix. • Expanded scale reflecting
Slide 21: Upgrading loan growth guidance to reflect healthy pipeline
Upgrading loan growth guidance to reflect healthy pipeline Macro outlook 2025 guidance H1’25 actuals UAE real GDP growth c.5.2% FY25 Scale Loan growth Low double-digit +7% ytd (from high single-digit) ↑ c.5.6% FY26 Cost of Risk <75 bps 51bps Oil Asset Quality c. 67/b USD (2025) Provision > 90% 100%
Slide 22: Double-digit net profit growth in H1 despite step-up in tax
Double-digit net profit growth in H1 despite step-up in tax Income Statement - Summary (AED mn) H1'25 H1'24 yoy % PBT at AED 12.83bn, +29% yoy, driven by strong revenue Net interest Income 9,959 9,787 2 momentum, well-managed expenses and lower impairment charges. Non-interest Income 8,350 5,939 41
Slide 23: Q2'25 PBT up 36% yoy driven by strong revenue growth
Q2’25 PBT up 36% yoy driven by strong revenue growth Income Statement - Summary (AED mn) Q2'25 Q1’25 qoq % Q2’24 yoy % PBT at AED 6.71bn, +36% yoy, +10% qoq driven by strong Net interest Income 4,953 5,006 (1) 4,928 1 revenue momentum across geographies, divisions and sources Non-interest Income 4,5
Slide 24: Revenue delivered through a diversified franchise
Revenue delivered through a diversified franchise By division,... Personal, Business, Wealth & Privileged Investment Banking & Markets (AED bn) Wholesale Banking (AED bn) Client Banking Group (AED bn) 6.1 ↑ 17% yoy ↑ 12% yoy 6.3 ↑ 12% yoy 5.7 5.2 3.0 2.7 H1'24 H1'25 H1'24 H1'25 H1'24 H1'25 …geograph
Slide 25: Strong business momentum drives NII higher
Strong business momentum drives NII higher Net Interest Income (AED mn) Strong NII performance in H1’25 led by robust balance sheet qoq ↓1%, yoy ↑1% yoy ↑2% growth. 9,787 9,959 4,928 4,936 5,006 4,953 4,890 Net Interest Margin (NIM) was 1.88% over H1’25, 6bps lower yoy reflecting the impact of lower
Slide 26: Strong NFI trajectory reflects franchise strength
Strong NFI trajectory reflects franchise strength Non-Interest Income trend (AED bn) FX and Other Investment Income, net (AED mn) GM Sales GM Trading Treasury and other yoy ↑30% 4.5 5,058 qoq ↑16%, yoy ↑48% 2,715 3,878 1,755 2,344 1,831 1,019 1,440 3.8 1,621 1,733 736 581 2,032 531 539 1,557 932 1,0
Slide 27: Continued AI and technology investments
Continued AI and technology investments Opex drivers (AED mn) Cost-to-Income Ratio yoy ↑4% 21.8% (H1’24: 24.4%) +131 +24 +2 3,999 Operating expenses at AED 4.0bn, up 4% yoy and against revenue growth of 3,842 16%, reflecting ongoing business growth and investments, partially offset by productivity s
Slide 28: Strong balance sheet momentum
Strong balance sheet momentum Movements in Gross Loans by Counterparty (AED bn) Movements in Deposits by Counterparty (AED bn) +62 +13 +13 +2 +5 +5 +18 (23) (2) 588 (26) 813 782 551 +37bn +31bn ↑ 7% ytd ↑ 4% ytd Dec'24 Corp/ Banks Govt GREs Personal/ Jun'25 Dec'24 Corp/Pvt Personal/ GREs Govt CDs Ju
Slide 29: Solid asset quality metrics
Solid asset quality metrics Impairment charges, net (AED mn) & CoR1 (bps) NPLs2 and ECLs3 (%) CoR (L&A) (bps) Provision Coverage (%) NPL Ratio (%) 84 100 96 95 96 98 74 76 51 63 51 51 3.7 3.8 3.4 3.3 yoy ↓23% 2.8 qoq ↑4%, yoy ↓16% 1,920 NPLs (AED Bn) Provisions (AED Bn) 19.4 18.7 20.4 19.3 18.5 17.7
Slide 30: Solid capital position
Solid capital position CET1 ratio progression CET1, Tier 1 and CAR trends (%) 18.0% 17.4% 17.5% CAR 17.2% 16.9% 15.0% 15.9% Tier 1 15.7% 15.4% Cash DPS: 15.1% 14.9% +81bps -76bps 75 fils 14.3% AED 8.3bn 13.7% 13.5% -14bps 13.4% 14.0% CET1 13.7% 13.5% 13.4% Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 FAB’s mi
Slide 31: Appendix – Supplementary information
HEADLINE Appendix – Supplementary information
Slide 32: Q2/H1'25 highlights – Group financials
Q2/H1’25 highlights – Group financials Income Statement - Summary (AED mn) Q2’25 Q1’25 qoq % Q2’24 yoy % H1’25 H1’24 yoy % Net interest Income 4,953 5,006 (1) 4,928 1 9,959 9,787 2 Non-interest Income 4,542 3,808 19 2,827 61 8,350 5,939 41 Operating Income 9,495 8,814 8 7,755 22 18,309
Slide 33: Segmental performance overview
Segmental performance overview Personal, Business, Wealth & Privileged Client Banking Investment Banking & Markets (IB&M) Wholesale Banking (WB) Group (PBW&PCBG) P&L Summary P&L Summary P&L Summary H1'25 H1’24 yoy % H1'25 H1’24 yoy % H1'25 H1’24 yoy % (AED mn) (AED mn) (AED mn) Net interest Income 2
Slide 34: A well-diversified, high-quality loan book
A well-diversified, high-quality loan book Gross loans trend (AED bn) Gross loans by product (AED bn) 551 588 ytd ↑7%, yoy ↑10%, qoq ↑3% 2.0 Gross Islamic financing 1.7 29.9 5.6 Vehicle financing loans 30.1 5.5 588 50.5 70.6 534 550 551 571 Credit Cards 19.5 20.2 Personal Loans Trade related loans 4
Slide 35: Strong and diversified liquidity profile
Strong and diversified liquidity profile Customer deposits trend (AED bn) Customer deposits by geography (%) ytd ↑4%, yoy ↑6%, qoq ↓3% GCC 1% UAE 76% 839 813 Jun’25 Asia 3% 820 813 766 782 Europe 11% (AED bn) MENA (ex-GCC) 3% CASA 355 374 46% 360 46% 376 401 46% 45% 49% Americas 6% Jun'24 Sep'24 Dec
Slide 36: High-quality and diversified investment portfolio
High-quality and diversified investment portfolio Investments by type Investments by ratings Jun’25 Jun’25 Dec’24 Jun’25 Jun’25 Dec’24 AED 280bn AED 280bn FVTPL - Debt 24% 20% AAA 14% 11% AA 42% 41% Dec’24 FVTPL - Equity & Funds 3% 2% Dec’24 AED 248bn AED 248bn A 16% 20% Amortised Cost (Debt Inv) 1%
Slide 37: Leading issuer in the MENA region
Leading issuer in the MENA region Liability mix Medium-term wholesale funding Customer Deposits, 67% Term Borrowings & Sub Debt, Issuances1 Maturities1 7% 34,435 Jun’25 Others, 9% 1,210 Due to Banks & Repos, 14% 16,192 USD CNH AED / bn 14,519 GBP Commercial 10,648 11,224 10,427 Paper, 3% 7,790 8,263
Slide 38: Diversified term funding portfolio
Diversified term funding portfolio Term Funding Portfolio by Type1 Term Funding Portfolio by Currency Term Funding Portfolio by Product2 Local currency Other Asian Currency PP 2% EUR 4% ex-Formosa 12% Formosa 4% 8% US$ Bullet Private Callable Bullet Placement CHF 29% 18% 11% 5% Conventional Public G
Slide 39: The regional pacesetter for sustainability
The regional pacesetter for sustainability Transitioning to a low carbon future Capitalising on our social responsibility Transforming our governance model Sustainable and Transition Finance: Financial inclusion: ESG ratings • Total sustainable and transition finance facilitation • Supported S
Slide 40: For more information, please visit www.bankfab.com
For more information,please visit www.bankfab.com or contactFAB Investor Relations team at ir@bankfab.com You can also download FAB’s InvestorRelationsApp from App Store / Google Play to access latest corporateupdates Click on the images below to access our latest reports 2024 Annual Report FAB’s Na
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