Riyad Bank · TADAWUL:1010
Riyad Bank — Q1 2023 Earnings Presentation
32 slides from Riyad Bank's earnings presentation, 2023
Slide 1: Investor Presentation - Q1 2023
ual eli Riyad Bank |_| Investor Presentation-Q1 2023
Slide 2: Table of content
Table of content o1 Riyad Bank at glance 02 Strategy update 03 Vision 2030 Initiatives 04, ESG at Riyad Bank 05 Economic overview 03 04 05 06 07 General Business Q1 2023 Financial results Business segments Guidance Appendix 11 22 27 30
Slide 3: Riyad Bank is the third largest bank in Saudi Arabia
Riyad Bank is the third largest bank in Saudi Arabia ¢ + Riyad Bank presence China : To be the most : < innovative&trusted % — 6,933 Employees : financial solutions : 31% Female employees once 3 partner o Assets Operating Income Cost / income Ratio Houston 1 SARbn 381 SARbn 4.0 28.8% gency Net Cpe r
Slide 4: Aspiration
Aspiration 4 General Business
Slide 5: Vision 2030 initiatives
▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ of Entities ▪ of Initiatives Signed Agreements ▪ ▪ ▪ ▪ ▪ ▪ ▪ of Live Programs 5 General Business
Slide 6: General Business
جمعية إكرام لحفظ الطعام بمكة فرص حقيقية لعمل مدعوم دور جهازك 6 General Business
Slide 7: Economic environment
Economic environment ° +o
Slide 8: Economic overview (IMF WEO April 2023)
Source: IMF WEO April 2023 Source: IMF WEO April 2023 8 General Business
Slide 9: Economic overview (GASTAT)
Source: GASTAT Source: GASTAT, Riyad Bank 9 General Business
Slide 10: Banking sector overview
Source: Riyad Bank, S&P Global Source: Riyad Bank, S&P Global 10 General Business
Slide 11: Financial results overview
Financial results overview ° +o
Slide 12: Q1 2023 Key highlights
Q1 2023 Key highlights Q1 2023 Vs. Q1 2022 +9.2% +7.3% -7.4% +10.7% -1.6% Balance / / \ / \ Sheet Total assets Loan and Investments, net Customer Demand & other advances, net deposits deposits +30.1% +44.8% -2.3% +30.1% * Credit related impairment . increased by 224.7%. Income / / \ / Statement . +
Slide 13: Balance sheet
QoQ % Q1 2023 Q4 2022 Q1 2022 YoY % Change Change 63,644 53,980 +17.9% 47,729 +33.3% +5.8% 54,695 52,196 +4.8% 59,035 -7.4% 251,983 242,365 +4.0% 234,793 +7.3% 10,303 11,112 -7.3% 6,911 +49.1% 380,625 359,653 +5.8% 348,468 +9.2% 257,277 240,007 +7.2% 232,416 +10.7% 8,673 8,758 -1.0% 8,651 +0.3% 58,8
Slide 14: General Business
3% 9% 7% 14% 66% 5 4 4 General Business
Slide 15: General Business
5% 3% 13% 79% 82 97 110 150 143 147 15 General Business
Slide 16: Income statement
QoQ % YoY % Q1 2023 Q4 2022 Q1 2022 Change Change 3,088 2,852 +8.3% 2,132 +44.8% +29.1% 948 891 +6.4% 970 -2.3% 682 4,036 3,742 +7.9% 3,102 +30.1% 139 (85) (1,162) (1,138) +2.1% (1,034) +12.4% (228) 2,874 2,604 +10.4% 2,068 +39.0% (604) (369) +63.7% (186) +224.7% (20) 5 +300% (68) -70.8% 2,250 2,241
Slide 17: Net interest margin and income trends
+30.1% +30.1% 5.68% 4.89% 4.17% 3.59% 3.16% 3.24% 3.72% 3.16% 3.41% 2.22% 2.84% 2.85% 3.00% 1.74% 1.17% -2.3% 0.46% 0.68% 0.32% General Business
Slide 18: Operating expenses
+12.4% Other G&A Employee- Related Depreciation Rent and Premises- Related General Business
Slide 19: Credit quality
Credit quality ff Stable asset quality trends with solid NPL coverage ratio Impairment Charge for Credit Losses, Net (SARmn) Cost of Risk (YTD %) +293% Y 0.92% 581 0.44% sas 302 ~- 0.41% 0.39% 0.37% 2 sa. Ba I Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 FY-21 Q1-22 H1-22 9M-22 FY-22 Q1-23 Annualized YTD Imp
Slide 20: Capital
+6.7% 22 21 20 19 18 17 Common equity tier 1 capital Tier 1 capital Tier 2 capital 16 15 14 0.0% 13 CET1 ratio T1 ratio TC ratio Q1-22 Q4-22 Q1-23 Credit risk Operational risk Market risk 20 General Business
Slide 21: Liquidity and funding
182% 187% 168% 172% 165% 157% 10.40102.7% 101.0% 102.4% 72 100.9% 101.0% 10.20 53 54 56 56 51 10.00 97.9% 9.80 9.60 98.6% 97.4% 97.7% 9.40 96.2% 94.9% 94.7% 9.20 9.00 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 116% 117% 117% 116% 118% 117% 12,000 1,500 10,000 8,000 1,000 6,000 4,000 500 2,000 0 0 Q4-21 Q1-22 Q2-
Slide 22: Business Segments
Business Segments General Business + sooeee eS eooooes, 22
Slide 23: Retail
QoQ % YoY % Q1 2023 Q4 2022 Q1 2022 Change Change 103,721 101,043 +2.7% 94,487 +9.8% 107,099 102,059 +4.9% 101,556 +5.5% +9.8% +5.5% 940 890 +5.6% 975 -3.6% 47 18 +161.1% 35 +34.3% 987 908 +8.7% 1,010 -2.3% (761) (712) +6.9% (680) +11.9% (171) (100) +71.0% (47) +263.8% 55 96 -42.7% 283 -80.6% -80.6%
Slide 24: Corporate
QoQ % YoY % Q1 2023 Q4 2022 Q1 2022 Change Change 170,171 162,042 +5.0% 160,402 +6.1% 188,830 174,405 +8.3% 166,983 +13.1% +6.1% +13.1% 1,242 1,212 +2.5% 802 +54.9% 401 303 +32.3% 380 +5.5% 1,643 1,515 +8.4% 1,182 +39.0% (280) (310) -9.7% (252) +11.1% (432) (268) +61.2% (139) +210.8% 931 937 -0.6% 7
Slide 25: Treasury and investments
QoQ % QoQ % Q1 2023 Q4 2022 Q1 2022 Change Change 102,334 92,057 +11.2% 90,394 +13.2% 27,948 26,244 +6.5% 28,104 -0.6% +13.2% -0.6% 850 689 +23.4% 288 +195.1% 364 327 +11.3% 348 +4.6% 1,214 1,017 +19.4% 636 +90.9% (47) (43) +9.3% (35) +34.3% (21) 4 -625.0% (68) -69.1% 1 (5) +120.0% (69) -101.4% 1,14
Slide 26: Riyad Capital
QoQ % YoY % Q1 2023 Q4 2022 Q1 2022 Change Change 4,399 4,511 -2.5% 3,186 +38.1% 912 771 +18.3% 960 -5.0% -4.6% 57 60 -5.0% 67 -14.9% 135 242 -44.2% 206 -34.5% 192 302 -36.4% 273 -29.7% (73) (72) +1.4% (68) +7.4% 119 230 -48.3% 205 -42.0% Riyad Capital -29.7% -42.0% 5.3% 26 General Business
Slide 27: Guidance
RS Soerer eoooces * + Guidance ° ° seoeen woreees General Business
Slide 28: Guidance
High Single to Low Double Digit High Single to Low Double Digit +15 bps – +25 bps +40 bps – +60bps Below 33% Below 33% 40 bps – 60 bps 60 bps – 80 bps Above 15% Above 15% Above 17%* Above 17%* 28 General Business
Slide 29: Q&A
RS oO eee oreoes * + &A ° ° seoeen woreees General Business
Slide 30: Appendix
RS Soerer eoooces * + Appendix ° ° seoeen woreees General Business
Slide 31: Riyad Bank contact
Riyad Bank contact Contact the investor relations for more information: Najla K. Al Mutairi Head of Investor Relations Annual 2022 Report Telephone: +966 11 401 3030 Ext. 2448 E-mail: _najla.almutairi@riyadbank.com Address: Riyadh - Al Shuhada District Eastern ring road Granada Oasis -Tower (A1) P.O
Slide 32: Disclaimer
Disclaimer This presentation has been prepared by Riyad Bank solely for informational purposes. The presentation may contain forward looking statements, which reflect Riyad Bank's beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies, proje