Q1 Investors Highlights 2025

‌Results Presentation

for period ended 31 March 2025

https://www.bank-abc.com

‌YTD March 2025 Results - Key Highlights

Strong momentum in strategy execution accelerates the delivery of our vision as

MENA's International Bank of the Future

Net profit US$76m, headline

+1%, +11% underlying* YoY

Resilient underlying growth across core markets with disciplined management of operating expenses and cost of credit.

Adjusting for FX impact on BRL and EGP primarily, underlying growth YoY was 11%.

Healthy Balance Sheet

T1 Ratio 15.0%,

NSFR 126%, LCR 209%

Capital, Funding and Liquidity metrics remain strong with healthy buffers to maintain growth momentum.

Robust underlying* revenue momentum

Headline revenues of $332m and Underlying Revenues at US$360m (+5%) reflecting improvements in drivers of core business growth and origination across the franchise

ROE 7.4%**,

+10bps YoY

Reflecting the positive momentum to improve returns to our shareholders through successful execution of our strategy

‌Continued Strong momentum in Strategy Execution

Continued momentum in Executing our Transformation Roadmap in Q1-2025 Launched Gulf Air co-branded card by ila Bank

Launched Blue App in Egypt

Established Portfolio Management team in place

Established new Data Management function Established AI center of Excellence and automated multiple complex processes using AI Launched KPIs pilot across the bank

Continued industry recognition of delivering our vision with more prestigious awards in Q1-2025

‌2025 Awards - Consistent recognition for continued excellence

Bank ABC

Bank ABC Islamic

ila Bank

MENA Retail Bank of the Year - MEED MENA Banking Excellence Awards

Best Bank for Trade Finance in Bahrain -Global Finance World's Best Trade Finance Awards Best Islamic Corporate Bank in Bahrain - Islamic Finance News (IFN)

awards

IFN Bahrain Deal of the Year for Bahrain Steel's US$450 million ESG financing facility World's Best Financial Innovation Lab Award for ABC Labs - Global Finance Innovators Awards Global Corporate Sukuk Deal of the Year for US$500 million Aercap Sukuk - Bonds Loans & Sukuk Middle East Best Digital Offering by an Islamic Bank in Bahrain - Islamic Finance News (IFN) awards

IFN Most Innovative Deal of the Year for AerCap Holdings' US$500 million

Sukuk

IFN Sukuk Deal of the Year for AerCap Holdings' US$500 million Sukuk

IFN Ijarah Deal of the Year for Oman Telecommunications Company's US$500 million Sukuk. IFN Oman Deal of the Year for Oman Telecommunications Company's US$500 million Sukuk.

‌Robust Underlying Revenue Growth Across the Franchise

Robust underlying performance, driven by strong core business growth

Headline TOI reached US$332m (-3% YoY), Underlying TOI reached US$360m*, +5% higher on a YoY basis

TOI was well diversified across our markets and business lines with International Wholesale and Group Treasury contributing the highest share at 35%, followed by Brasil at 31%, MENA subsidiaries at 19% and Digital units and others at 15%

YTD March 2025 TOI by business

YTD March 2025 TOI Headline vs Underlying FX adjusted, US$m

14.8%

34.9%

19.0%

31.3%

-3%

+5%

360

343

332

Intl. Wholesale Bank and Group Treasury**

ABC Brasil

MENA Subsidiaries

Digital Units and Others***

YTD March 24 YTD March 25

(Headline)

YTD March 25

(Underlying)

TOI BRL FX EGP FX

*Adjusted for FX, BRL -16%, EGP -30% Q1 2025 vs. Q1 2024

**International wholesale bank 27.1% and Group Treasury 7.8%

*** Includes activities of Digital units (Arab Financial Services, ila) and Equity income. /4

‌Stable Cost to Income Ratio

Performing while transforming and maintaining robust cost disciplines

The Group continues to enforce appropriate cost discipline without compromising on investments into the Group's digital transformation and strategic initiatives to build its "Bank of the Future"

Cost to income ratio at 58.7% on a headline basis:

198

14

122

Operating Expenses and Cost to Income Ratio

-2% 195

124

Other Cost Premises

14

& Equipment

Staff Cost

1. 53.9% when adjusted for ongoing investment in digital initiatives and FX

2. Headline C/I adjusted for FX is 57.8%, flat on an underlying basis

YTD March 24 YTD March 25

Headline C/I Ratio

Headline C/I Ratio (ex-Digital)

Underlying FX adj. -

C/I Ratio

/5

‌Improving Cost of Risk

Business growth being prudently managed, with healthy level of risk appetite and risk frameworks

ECL charge and cost of risk, US$m, bps

36

-31%

25

ECL charge -31% YoY to US$25m reflecting improvement in Q1 cost of credit

Headline Cost of risk at 50bps, improved compared to YTD March 2024 levels

NPL Ratio and Coverage ratio remain at healthy levels

YTD March 24 YTD March 25

Cost of risk1 75 bps 50 bps

Coverage

ratio

1. Credit Loss expense / Gross Loans

NPL Ratio

/6

‌Healthy Capital Ratios, Well Above Regulatory Minimum

Overview

Balance sheet strength was maintained, with robust capital ratio levels

Strong T1 Ratio at 15%, after

payment of dividend

CET 1 Ratio 13.2% comprises the majority of Tier 1 Ratio

Total CAR of 16.2% as of

Mar 2025

RWA stood at US$29.9bn as of Mar 2025, increasing by

5% over YE 2024

CET1 and Tier 1 Ratios, %

Total CAR, %

RWA by Type of Risk, US$bn

15.5% 15.0%

16.6% 16.2%

12.5%

3.7

28.6

3.8

29.9

10.5%

Dec 24 Mar 25

Dec 24 Mar 25

Dec 24

Mar 25

CET1

ratio

Operational & Market Credit

/7

‌Well Diversified and Liquid Balance Sheet

Strong Total Asset levels at US$45.7bn reflecting financial resilience amid evolving macroeconomic environment

Total Assets of US$45.7bn at the end of Mar 2025, compared to US$46.3bn at the 2024 year-end, slight 1% decrease, due to liquid funds

Book weighted to short-term with 62% of Total Assets maturing within 1-year

Headline Loans increased 4%

compared with 2024-year end,

Mar 2025 Assets by Instrument, US$bn

46.3 45.7

7.0

5.8

17.0

17.1

18.6

19.4

Other

Liquid Funds(2)

Marketable Securities

Loans

reflecting strong underlying growth in core business. Overall loans comprised 42% of Total Assets.

Dec 24

Mar 25

Mar 2025 Assets by Maturity, US$bn

Net loans to customer deposits

ratio at 82%

Strong liquid funds position with LCR of 209% 1and NSFR of 126%

45.7 19.4

< 1m 1m - 1Y

1Y - 5Y

>5Y(3)

1) LCR calculated net of trapped liquidity. 2) Liquid funds includes placements with banks & other financial institutions and securities bought under repurchase agreements. 3) Undated included in >5 years.

Assets

Loans /8

‌In Summary

Strong YTD March results reflect continued momentum and delivery of

Bank ABC Group's Growth Strategy

Net profit at US$76m +1% YoY, Underlying net profit, adjusting for FX impact was a robust growth of 11% reflecting continued growth in core business with disciplined management of operating expenses and cost of credit

Resilient start to 2025 with Headline Revenue of $330m and Underlying Revenues at 5% YoY, reflecting robust core business growth and origination across the franchise

Operating expenses were at US$195m, with underlying C/I ratio stable reflecting the Group's continued cost discipline without compromising on investments into its strategic transformation agenda

ROE annualized at 7.4%, reflecting +10bps improved return on capital

Strong capital and liquidity position, positioning well the Bank for future growth and sustained resilience

/9

‌Appendix: Normalized Financials

* TOI and taxes includes normalization of BRL currency overhedge. Headline TOI 2019 $865m, 2020 $646m, 2021 $854m, 2022 $1,101m. Note that underlying adjustment for BAB Cayman branch hedging is no longer material due to tax changes in Brazil and hence not considered for FY 23 onwards and YOY comparison above ** Liquid funds includes placements with banks & other financial institutions and securities bought under repurchase agreements. ***Change Year on Year

/10

‌Contact Us

For more information, contact us on

InvestorRelations@bank-abc.com

Bank ABC Head Office

P.O. Box 5698, Manama Kingdom of Bahrain

https://www.bank-abc.com

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