Slide 1: Investor Presentation | AED
Investor Presentation | AED August 2026 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 continues to have a well diversified GDP mix
3 UAE’s continues to have a well diversified GDP mix … UAE GDP* growth (%) Share of GDP key contributors (%) 7.5 Oil 23% 6.2 Trade 22% 4.6 4.3 5.3 Real Estate 16% 4.0 Real Estate 19% 3.1 Trade 13% Others 17% Others 12% Financial services 14% UAE Dubai GDP Financial services 10% 2025 Transportation 1
Slide 5: …with key drivers remaining resilient
4 …with key drivers remaining resilient Dubai population growth Dubai tourism Estimated net inflows of millionaires in 2025 28% (millions of visitors) (thousands) mn Millionaires: Individuals with high liquid investable wealth of USD +1 million 4.58 4.71 4.78 5.0 4.25 3.72 3.97 9.8 4.0 3.41 3.48 7.5
Slide 6: Emirates NBD Profile
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Slide 7: Emirates NBD is a leading bank in the MENAT region
6 Emirates NBD is a leading bank in the MENAT region UAE’s most AED AED profitable bank 3rd 2nd 31.00 196bn Largest bank in GCC Largest bank in UAE AED 12.9bn by assets by assets Share price Market Cap H1-26 As of 27 Aug 2026 As of 27 Aug 2026 AED AED AED AED AED AED 27.9bn 16.2bn 12.9bn 1,322bn 892
Slide 8: Emirates NBD at a glance
7 Emirates NBD at a glance Key highlights Emirates NBD’s international presence ❑ Largest financial institution in Dubai, one of the largest and most profitable in GCC ❑ Leading retail banking franchise with a branch 582 Türkiye network of 1,425 branches throughout the MENAT region with a branch & r
Slide 9: Strong credit ratings reflecting financial stability
8 Strong credit ratings reflecting financial stability Emirates NBD’s strong credit ratings A+/A1 Short-term Long-term Outlook Moody’s P-1 A1 Stable A/A2 Fitch F1 A+ Stable CI A1 A+ Stable A-/A3 UAE Sovereign Credit Rating BBB+/Baa1 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Moody’s
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 June 2026 • A flagship bank for the Government of Dubai and the UAE • Strong and supportive shareholder base from the Government of Dubai via
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 one of the most profitable banks in the region
11 Emirates NBD is one of the most profitable banks 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 H1 2026 As of 30 Jun 2026 NPL% As of 30 Jun 2026 7,592 3,675 394 159 1.8 18.0 6,498 3,499 384 153 0.7 17.3 5,707 3,476 360
Slide 13: Sustained profit growth while delivering strong return profile
12 Sustained profit growth while delivering strong return profile Return on Tangible Equity 20% 18% 19% 20% *17% 10% 13% 17% 24% 22% 19% 19% Net Profit CAGR (2015-2025): 13% Total Income CAGR (2015-2025): 12% ROTE 10-year average : 18% 49.3 43.0 44.1 32.5 27.9 23.2 23.8 23.0 24.0 22.4 21.5 17.4 15.2
Slide 14: Financial & Operating Performance
Financial & Operating Performance
Slide 15: Executive summary H1-26 Results
14 Executive summary H1-26 Results Key metrics and guidance* 16% higher income yoy AED 19.5bn operating Income Profit profit driven by double Profit propelled by strong loan before tax growth, resilient margins digit income growth with positive jaws and robust non-funded income growth 27.9bn 16.2bn
Slide 16: AED 16.2bn profit before tax, up 5% yoy
15 AED 16.2bn profit before tax, up 5% yoy, driven by strong balance sheet growth, resilient margins and robust NFI growth Income statement H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ (AED bn) • Income grew 16% yoy to AED 27.9bn driven by Net interest income 19.0 16.8 13% 9.5 1% o NII up 13% yoy to AED 19bn, fu
Slide 17: Margins remain resilient navigating competitive pricing
16 Margins remain resilient driven by strong balance sheet navigating competitive pricing Net interest margin (%) • H1-26 NIM at 3.25% well within guidance Quarterly NIM Ytd NIM • ENBD (ex. Deniz) NIMs remained resilient at 2.61% in H1’26, declining qoq due to continued flow through impact of rate c
Slide 18: Strong growth across products and segments driving non-funded income
17 Strong growth across products and segments driving robust non- funded income growth Non-funded income • Strong broad-based non-funded income, up 25% yoy in H1-26 driven by H1-26 H1-25 %∆YoY Q2-26 %∆QoQ (AED mn) strong growth across all segments and diversified product offerings Fee and commission
Slide 19: Well diversified loan growth supported by strong deposit growth
18 Well diversified loan growth supported by strong deposit growth, further boosted by consolidation of RBL • Loans up 17% by AED 114bn in H1-26 on very strong underlying growth Gross loans by type 17% (AED bn) – Retail lending up AED 17bn (9%) in H1-26 with AED 38bn of new originations (11% ex.RBL)
Slide 20: Robust credit quality with solid coverage ratios
19 Robust credit quality with solid coverage ratios • NPL ratio improved to 2.1% in Q2-26, well within guidance of c. 2.5% Impaired loans and allowances • Impairment allowance of AED 1.4bn, primarily driven by prudent provisioning NPLs 2.8% 2.5% 2.4% 2.3% 2.1% across Denizbank and Emirates NBD, part
Slide 21: Cost to income ratio well within guidance
Cost to income ratio well within guidance as investments in digital & 20 international network delivering strong business & income growth Cost to income ratio (%) • H1-2026 cost to income ratio at 29.9%, comfortably within the guidance of ≤33% 33.0% • The increase in staff costs in first half of the
Slide 22: Funding & liquidity are key strengths of the Group
21 Funding & liquidity are key strengths of the Group • LCR of 135% and ADR of 84% demonstrating robust liquidity, even post-RBL Advances to deposit and liquidity coverage ratio (%) • Liquid assets * of AED 121.1bn cover 10% of total liabilities and 14% of total deposits ADR % LCR % • Emirates NBD i
Slide 23: CET-1 ratio at 13.6% remains healthy post-RBL
22 Common Equity Tier 1 (CET-1) ratio at 13.6% remains healthy post-RBL • CET-1 ratio at 13.6% remains strong post RBL consolidation, with the overall effect Capital progression aligning with anticipated outcomes (AED bn) 11.1 152.7 • Strong retained earnings in Q2-26 partially offset by 11% growth
Slide 24: Divisional performance
23 Divisional performance Operating Segment Metrics H1-26 H1-25 %∆ YoY Retail Banking and Wealth Management delivered highest-ever operating profit of AED 7.5bn, driven by record H1 income and cost discipline Income 10,491 9,594 9% – Income growth of 9% yoy, supported by strong wealth management per
Slide 25: ESG & Sustainability
ESG & Sustainability
Slide 26: Emirates NBD: a leading bank in ESG
25 Emirates NBD: a leading bank in ESG Continued promoting the Bank’s sustainable fixed $30.2 bn already mobilised reaching 100% term deposit in line with the sustainable finance achievement rate for the $30bn 2030 sustainable finance target Emirates NBD framework Emirates NBD the landmark transacti
Slide 27: Emirates NBD: a leading bank in ESG
26 Emirates NBD: a leading bank in ESG Continued promoting the bank’s sustainable $30.2 bn already mobilised reaching 100% fixed term deposit in line with the sustainable achievement rate for the $30bn 2030 sustainable finance target Emirates NBD finance framework Emirates NBD the landmark transacti
Slide 28: ESG forward journey
27 ESG forward journey Emirates NBD’s ESG commitment over the years have enhanced, reflecting growing maturity in our approach ad the alignment of ESG values across our operations and strategy. Looking ahead, we aim to advance our ESG journey by deepening integration across our business – guided not
Slide 29: Emirates NBD sustainability strategy
28 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 30: Appendix
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Slide 31: Financial results H1-26
30 Financial results H1-26 Excluding DenizBank Income statement H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ ( AED bn) Net interest income 19.0 16.8 13% 9.5 1% 13.1 12.5 5% 6.6 - 5.9 4.3 38% 3.0 1% Non-funded income 8.9 7.1 25% 4.0 (18)% 7.0 5.0 39%
Slide 32: US $ convenience translation
31 US $ convenience translation Excluding DenizBank Income statement H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ ( USD bn) Net interest income 5.2 4.6 13% 2.6 1% 3.6 3.4 5% 1.8 - 1.6 1.2 38% 0.8 1% Non-funded income 2.4 1.9 25% 1.1 (18)% 1.9 1.4 39
Slide 33: DenizBank profitability walk
32 Hyperinflation 206% DenizBank profitability walk (AED bn) 121 130 1.4 106 110 93 98 79 84 67 73 (0.7) 53 58 42 1.4 QoQ% 6% 25% 10% 15% 8% 9% 6% 10% 6% 8% 4% 10% 7% (0.7) 1.1 YoY% 38% 62% 65% 68% 72% 49% 44% 38% 35% 33% 31% 31% 32% (0.4) Dec-23 Dec-24 Dec-25 Jun-23 Jun-24 Sep-23 Mar-24 Mar-25 Jun-
Slide 34: RBL Bank
33 RBL Bank IFRS Local GAAP Income statement Jun’26* RBL Business Overview H1-26 H1-25 (AED mn)** (18th to 30th) • RBL Bank is one of India’s leading listed private sector banks, providing a Net interest income 74 1,314 1,299 comprehensive suite of banking products and services across retail and Non
Slide 35: Türkiye's central bank on hold as disinflation slows
Türkiye’s central bank on hold as disinflation slows 34 Inflation rate vs CB policy rate (%) GDP growth (%) Higher energy prices have slowed disinflationary path Türkiye’s tight monetary policy has muted GDP growth 80 Inflation Rate CB Policy Rate 60 11.8 5.3 37.0% 40 31.8% 5.1 3.3 3.6 3.5 3.4 20 0
Slide 36: India outperforms globally in pace of economic growth
35 India outperforms globally in pace of economicc growth Inflation rate vs CB policy rate (%) GDP growth (%) Faster food inflation has pushed CPI higher this year Growth amongst strongest major economies globally 8 Inflation Rate CB Policy Rate 6 9.7 5.25 7.6 7.6 4.5% 7.2 7.1 6.5 6.5 4 2 0 2018 201
Slide 37: Egypt's reform IMF programme continues to advance
Egypt’s reform IMF programme continues to advance 36 Inflation rate vs CB policy rate (%) GDP growth (%) Energy price shock will keep the CBE on hold in 2026 Growth will strengthen further next year 40 Inflation Rate CB Policy Rate 30 19.0% 20 6.7 3.6 3.8 4.8 14.9% 4.4 4.2 3.3 2.4 10 0 2020 2021 202
Slide 38: KSA, resilient growth anchored in diversification
37 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 8 Inflation Rate CB Policy Ra
Slide 39: Thank You
Thank You For additional information: IR@emiratesnbd.com www.emiratesnbd.com/en/investor-relations