Bank Aljazira · TADAWUL:1020
Bank Aljazira — Q1 2026 Earnings Presentation
27 slides from Bank Aljazira's earnings presentation, May 5, 2026
Slide 1: Earnings Presentation 1Q 2026
Earnings Presentation 1Q 2026 May 5, 2026
Slide 2: Solid net income growth combined with healthy balance sheet expansion
Highlights Strategy & ESG Financials Guidance Appendix Solid net income growth combined with healthy balance sheet expansion Net Income growth driven by Net Income Q1’26 Net Margin Q1’26 Cost of Risk Q1’26 continued improvement of Net Margin +12% YoY -9 bps YoY -19 bps YoY Maintained strong growth
Slide 3: Strategic progress
01. Strategic progress | Earnings Presentation | May 5, 2026 3
Slide 4: Consistent delivery on strategic priorities: growing scale and improving profitability
Highlights Strategy & ESG Financials Guidance Appendix Consistent delivery on strategic priorities: growing scale and improving profitability Growing Scale Building Liquidity Controlling Risks Net Financing ( bn) Investments ( bn) Customers' Deposits ( bn) Cost of Risk 0.3% 0.3% 0.4% 0.4% 0.2% CA
Slide 5: Strategy initiatives: progressing in year 3 of our 5-year strategy
Highlights Strategy & ESG Financials Guidance Appendix Strategy initiatives: progressing in year 3 of our 5-year strategy Key Pillars: Key Pillars: • Becoming the “bank-of-choice” for affluent • Revenue Growth & Diversification / Market Access • Growing Core Assets & Deposits • Balance Sheet & Capit
Slide 6: Transformation in action: digital and AI momentum
Highlights Strategy & ESG Financials Guidance Appendix Transformation in action: digital and AI momentum Segments Key Recent Achievements Digital 1Q 2026 A/C opened 1Q 2026 1Q 2026 1Q 2026 penetration through mobile 39.1K > 4.7 Retail Segment 87% 70% New online accounts App Stores opened (+23% YoY)
Slide 7: ESG Highlights
02. ESG Highlights | Earnings Presentation | May 5, 2026 7
Slide 8: ESG embedded across all operations
Highlights Strategy & ESG Financials Guidance Appendix ESG embedded across all operations Q1 2026 Recycling Performance Q1 2026 Reverse Vending “Go Green” 2027 Climate Targets Green Financing Machine Campaign 2,010 kg 2% Reduction in energy, 180% E of plastics, cardboard and paper recycled, offsetti
Slide 9: Financial Performance
03. Financial Performance | Earnings Presentation | May 5, 2026 9
Slide 10: Balance sheet | asset growth supported by robust liquidity
Highlights Strategy & ESG Financials Guidance Appendix Balance sheet | asset growth supported by robust liquidity Healthy growth of Financing and Investment portfolio supported by strong rise in Total Assets (Bn) 1Q 2026 Customers' deposits Total equity increased by 21% YoY and 6% YTD supported by
Slide 11: Financing | diversified mix, solid growth across all key products and client segments
Highlights Strategy & ESG Financials Guidance Appendix Financing | diversified mix, solid growth across all key products and client segments 1Q 2026 1Q 2026 Financial composition Financing Movement (Bn) +3% Large corporates 4% Commercial 10% Mid corporates 65.0% 2.8 0.6 114.3 MSME 110.9 21% 40% Res
Slide 12: Investments | increase in fixed-rate assets helps lock-in yield
Highlights Strategy & ESG Financials Guidance Appendix Investments | increase in fixed-rate assets helps lock-in yield 1Q 2026 1Q 2026 Investments Movement YTD (Bn) Investments ( Bn) +3% +9% 36.9 37.4 38.1 39.0 40.2 0.9 0.3 0.0 40.2 39.0 21.3 21.4 21.9 22.2 23.3 13.6 14.1 14.4 14.0 14.1 2.1 1.8 1.
Slide 13: Liquidity | strong inflow of customer deposits further increased balance sheet resilience
Highlights Strategy & ESG Financials Guidance Appendix Liquidity | strong inflow of customer deposits further increased balance sheet resilience Total Liabilities Movement YTD (Bn) 1Q 2026 Loans to Customers' Deposit Ratios (%) 1Q 2026 +4% 91.7% 90.8% 93.5% 96.1% 92.2% 8.6 0.2 150.1 144.1 (2.8) 73.
Slide 14: Deposits | robust deposits growth underscores strength of customer franchise
Highlights Strategy & ESG Financials Guidance Appendix Deposits | robust deposits growth underscores strength of customer franchise 1Q 2026 1Q 2026 Customers' Deposits ( Bn) Customers' Deposits Movement ( Bn) +13% +7% 124.0 109.6 114.2 115.3 115.4 0.5 124.0 2.7 48.4 48.0 51.2 5.4 48.6 47.5 115.4 6
Slide 15: Income Statement | net income growth driven by all key P&L items
Highlights Strategy & ESG Financials Guidance Appendix Income Statement | net income growth driven by all key P&L items 1Q 2026 Strong 12% net Income growth driven by continued sequential expansion on Net margin Quarterly Net Income (Mn) Fee & other income accounts for a strong 29% of total revenue
Slide 16: Net financing & investment income | net margin continues to improve
Highlights Strategy & ESG Financials Guidance Appendix Net financing & investment income | net margin continues to improve 1Q 2026 1Q 2026 Net Financing & Investment Income ( mn) Quarterly Net Margin (%) +9% 6.04% 5.89% 5.82% 5.81% 5.79% 819 773 4.16% 4.34% 754 762 3.99% 4.19% 4.04% 711 2.19% 2.14%
Slide 17: Fee & other income | sizeable contributor to bottom line result
Highlights Strategy & ESG Financials Guidance Appendix Fee & other income | sizeable contributor to bottom line result Fee & Other Income Movement ( Mn) 1Q 2026 Net Fee Income From Banking Non-Funded Exposure* ( Bn) 1Q 2026 1Q 2026 Services Movement ( Mn) +3% -4% +29% 23 195 18 325 334 187 (2) (4
Slide 18: Operating Expenses | cost-to-assets continues to decrease on strict discipline
Highlights Strategy & ESG Financials Guidance Appendix Operating Expenses | cost-to-assets continues to decrease on strict discipline 1Q 2026 1Q 2026 Operating Expenses Composition ( Mn) Quarterly Operating Expenses ( Mn) +7% 9% 574 587 611 608 Salaries 566 32% Other G&A 59% Depreciation & amortis
Slide 19: Credit quality | cost of risk reflects sound asset quality, coverage remains healthy
Highlights Strategy & ESG Financials Guidance Appendix Credit quality | cost of risk reflects sound asset quality, coverage remains healthy Cost of Risk* (%) 1Q 2026 NPL NPL Ratio and Stage 3 Share (%) 1Q 2026 1Q 2026 Coverage Ratio NPL ratio Stage 3 0.38% 0.38% 0.36% 0.29% 0.20% 3.06% 3.16% 2.22% 2
Slide 20: Capitalization | capital benefits from solid investor confidence
Highlights Strategy & ESG Financials Guidance Appendix Capitalization | capital benefits from solid investor confidence 1Q 2026 1Q 2026 Capital Ratios (%) CAR Pillar 1 Movement (%) 19.1% 19.9% 19.6% 18.1% 17.9% -31 bps 15.9% 15.7% 17.0% 17.8% 17.6% 1.2% 0.3% 0.1% 19.9% 19.6% 11.8% 11.7% 11.7% 12.3%
Slide 21: Profitability | capital returns in line with FY expectations
Highlights Strategy & ESG Financials Guidance Appendix Profitability | capital returns in line with FY expectations FY 2025 1Q 2026 EPS () Return on Equity (%) 10.41% 9.28% 1.00 9.50% 8.94% 8.36% 0.81 0.69 7.91% 8.14% 7.81% 7.68% 7.24% ROAE ROTE** 17% +23% 1Q 25 1H 25 9M 25 FY 25 1Q 26 2023 2024 20
Slide 22: Segments | all business segments fairly contributing to net result
Highlights Strategy & ESG Financials Guidance Appendix Segments | all business segments fairly contributing to net result 1Q 2026 1Q 2026 Total Assets Movement (Bn) Total Assets Composition (%) 0.2% +4% Corporate 2% 6.3 Retail 11.0 0.0 173.1 24% 165.9 Treasury (9.4) (0.7) 40% Brokerage & Asset Mgmt
Slide 23: Guidance
Highlights Strategy & ESG Financials Guidance Appendix Guidance Guidance Metric FY 2025 Actual 1Q 2026 Actual FY 2026 Guidance Financing growth +14% +3.1% YTD High-single digit Net Margin 2.06% 2.10% 2.05% - 2.10% Cost of Risk 36 bps 20 bps 35 - 40 bps Cost to Income 52.4% 52.8% below 52% Tier 1 17.
Slide 24: Q&A
Q&A | Earnings Presentation | May 5, 2026 24
Slide 25: Appendix
Appendix | Earnings Presentation | May 5, 2026 25
Slide 26: Connect with us
Highlights Strategy & ESG Financials Guidance Appendix Connect with us Investors Relations Contacts Latest Reports IR@aljazirabank.com.sa Annual Report 2024 Sustainability Report 2024 Visit our IR website for more investor's disclosures: (Click Here) • Data Supplements • Basel III disclosure • Earni
Slide 27: Forward - looking statements
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 background information statements of historical facts, including, with