Ajman Bank Pjsc · DFM:AJMANBANK
Ajman Bank Pjsc — Ajman Bank — Q1 2026 Earnings Presentation
16 slides from Ajman Bank Pjsc's earnings presentation, May 2026
Slide 1: Q1 2026 Earnings Presentation
Q1 2026 Earnings Presentation May 2026
Slide 2: Opening Remarks
Opening Remarks 2
Slide 3: Q1'26 Key Highlights
Q1’26 Key Highlights Q1’26 Key Highlights Key financials metrics, As of Mar-2026 • Stable Q1’26 results with net profit after tax at AED130mm (-4% YoY) and RoTE at 15.5% • Operating income at AED 222mm (+12% YoY) 29.2bn AED 26.7bn AED 90.6% driven by solid business momentum Net Islamic Financing & I
Slide 4: Financial Performance
=~(C -_ Financial Performance
Slide 5: Income Statement → Q1'26 Operating Income up 12% YoY
Income Statement → Q1’26 Operating Income up 12% YoY Income Statement (AED mm) Q1'26 Q4'25 QoQ (%) Q1'25 YoY (%) Profit before Tax & Profit after Tax at AED 134mm and Net Profit Income 159 182 -13% 129 23% AED 130mm respectively, -8% & -4% vs prior year, Non-Funding Income 63 57 11% 70 -10% primaril
Slide 6: Operating Income & Expense
Operating Income & Expense 2.59% 2.54% 2.54% 2.49% NPM (%)(1) 2.22% Stable NPI performance, up prior year by 23% driven by strong volume growth 260 244 222 Operating Income 200 75 57 NPM at 2.2% for Q1’26, -27bps QoQ driven by 194 (AED mm) 63 accelerated growth and increase in cost of funding to sup
Slide 7: Balance Sheet – Asset Portfolio
Balance Sheet – Asset Portfolio Growing financing book with a stable financing-to-deposit ratio and investing assets distributed across business sectors. TOTAL ASSETS EVOLUTION (AED BN) ASSET MIX DISTRIBUTION (AS OF MAR-2026) 80% 86% 84% 80% 87% Total assets: AED 32.8bn 32.9 32.8 4.8% 28.0 29.2 26.6
Slide 8: Asset Quality Mix and Provision Coverage
Asset Quality Mix and Provision Coverage ISLAMIC FINANCING AND INVESTING NON-PERFORMING FINANCINGS AND EXPECTED EVOLUTION OF THE COST OF RISK ASSETS (AS OF MAR-2026) CREDIT LOSSES Provision Coverage (%) NPF Ratio (%) Impairment Charges (AED mm) CoR (bps) Total: AED20.1bn 3 5.0% 43% 44% (9) (6) (8) 9
Slide 9: Balance Sheet – Liabilities Mix & Capital
Balance Sheet – Liabilities Mix & Capital Deposit base continues to make up ~90% of overall liabilities, solid and stable growth in CASA balances with offsetting reduction in Wakala deposits STRONG DEPOSIT FRANCHISE (VALUES IN AED BN) LIABILITIES MIX (AS OF MAR-2026) CASA 5.9 6.0 6.3 6.8 7.9 6.1% 29
Slide 10: Outlook
10 Ulaac Wjyna Ajman Bank Looking ahead. Delivering tomorrow.
Slide 11: Outlook to be reviewed in H2'26 amid geopolitical landscape
Outlook to be reviewed in H2’26 in line with macroeconomic developments amid geopolitical landscape Q1’26 Actuals 2026 Guidance Financing Growth +8% >15% Balance Sheet Deposit Growth Flattish >15% Cost of Risk (8)bps <60bps Asset Quality NPF Ratio 6.5% <5.5% ROE 15.5% >12% Profitability & Capital CA
Slide 12: Appendix
12 Appendix co) Ulanc Wyna AjmanBank
Slide 13: Sustainable Finance Solutions for Consumers
Sustainable Finance Solutions for Consumers In Q1 2026, the Bank rolled out the Green Path Savings account, adding further to the green solutions offered by the Bank to retail/ mass segment. 13
Slide 14: Sustainable Finance Deals
Sustainable Finance Deals As of Q1 2026, Our Sustainable Finance Portfolio reached 40% of our Commitment to mobilize AED 4BN by 2030. Following is a snapshot of some of key sustainable finance deals executed. Green Project Finance Green Project Finance Green Project Finance Sustainable Green Sukuk G
Slide 15: Our Sustainable Finance Publications
Our Sustainable Finance Publications In Q1 2026, Ajman Bank has launched its Sustainable Finance Framework, formalizing our AED 4 billion sustainable financing commitment by 2030 and reinforcing our commitment to Net Zero and Ajman Vision 2030. We also issued our Annual Sustainability Report 2025, d
Slide 16: Thank You
Thank You www.ajmanbank.ae 600 5555 22 investorrelations@ajmanbank.ae 16