Slides
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DIB Earnings Call Presentation 9M 2026
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Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This presentation may contain statements about future events and expectations that are forward-looking statements. These statements typically contain words such as “expects” and “anticipates” and words of similar import. Any statement in this presentation that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. None of the future projections, expectations, estimates or prospects in this presentation should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the presentation. Neither Dubai Islamic Bank P.J.S.C. (“DIB”), nor any of its shareholders, directors, officers or employees assume any obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements. This presentation and its contents are confidential and are being provided to you solely for your information and may not be retransmitted, further distributed to any other person or published, in whole or in part, by any medium or in any form for any purpose. In particular, this presentation is not for distribution to retail clients. If handed out at a physical investor meeting or presentation, this presentation should be returned promptly at the end of such meeting or presentation. If this presentation has been received in error it must be returned immediately to DIB. The opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice. DIB relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. No reliance may be placed for any purposes whatsoever on the information contained in this presentation, or any other material discussed verbally, or on its completeness, accuracy or fairness. The information in this presentation is subject to verification, completion and change. The contents of this presentation have not been independently verified. Accordingly, no representation or warranty, express or implied, is made or given by or on behalf of DIB or any of its shareholders, directors, officers or employees or any other person as to, and no reliance should be placed on, the accuracy, completeness or fairness of the information or opinions contained in this presentation. Neither DIB nor any of their shareholders, directors, officers or employees nor their respective advisers and/or agents undertake any obligation to provide the recipient with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent. Any investment activity to which this communication may relate is only available to, and any invitation, offer, or agreement to engage in such investment activity will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this presentation or any of its contents. The distribution of this presentation in other jurisdictions may also be restricted by law, and persons into whose possession this presentation comes should inform themselves about, and observe, any such restrictions. This presentation contains data compilations, writings and information that are proprietary and protected under copyright and other intellectual property laws, and may not be redistributed or otherwise transmitted by you to any other person for any purpose. Additionally, this presentation contains translations of currency amounts solely for the convenience of the reader, and these translations should not be construed as representations that these amounts actually represent such U.S. dollar amounts or could be converted into U.S. dollars at the rate indicated. 2
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3 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Operating Environment 5 Appendix Contents
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3.4% 3.4% 3.1% 3.4% 4.5% 4.4% 3.9% 4.2% 2024 2025 2026F 2027F Global EM 5.8% 4.1% 4.4% 3.7% 8.0% 5.2% 5.5% 4.6% 2024 2025 2026F 2027F Global EM 4.33% 4.33% 4.12% 3.87% 3.64% 3.63% 3.88% Jan 2025 Feb 2025 Mar 2025 Apr 2025 May 2025 Jun 2025 Jul 2025 Aug 2025 Sep 2025 Oct 2025 Nov 2025 Dec 2025 Jan 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 4 Global growth and inflation rate normalizes while US federal rates increased and oil prices remains high USD Effective Federal Funds RateReal GDP growth rate (%) Oil Price (USD per Barrel) Inflation (%) 61 67 71 67 99 88 118 90 118 100 111 98 80 73 101 79 88 108 99 103 Jan 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 Source: IMF Post US-Iran conflict Source: US Federal Reserve, Summary of Economic Projections Source: US Energy Information Administration Source: IMF
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UAE’s Purchasing Managers Index (PMI) 56.6 55.3 54.1 55.2 55.0 53.3 54.4 54.8 55.0 52.6 55.3 50Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 May-25 Jul-25 Sep-25 Nov-25 Jan-26 Mar-26 May-26 Jul-26 Sep-26 PMI Threshold (above 50 means expansion) 5 UAE economy is expected to rebound in 2027 supported by growth in oil GDP UAE’s Real GDP Growth (%) UAE Average Crude Oil Production (Mn barrels per day) Highlights GDP growth is expected to accelerate in 2027 driven by recovery of key sectors including oil & gas, trade, tourism, transportation and construction The UAE’s healthy fiscal position continues to reinforces economic resilience and long-term investor confidence. UAE’s inflation is forecasted at 2.4% and 1.9% in 2026 and 2027 lower than global inflation rates, demonstrating country’s macroeconomic stability 2.92 2.93 2.94 2.92 2.91 2.93 3.24 3.36 3.39 1.91 2.11 3.83 Jan-24 Mar-24 May-24 Jul-24 Sep-24 Nov-24 Jan-25 Mar-25 May-25 Jul-25 Sep-25 Nov-25 Jan-26 Mar-26 May-26 Jul-26 Sep-26 6.6% 6.2% 1.6% 7.7% 2024 2025 2026F 2027F Source: CBUAE and IMF Post US-Iran conflict UAE exited OPEC on May 1 Source: S&P Global
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6 UAE growth is enabled by economic diversification, credit expansion and sustained investments Economic diversificationI The UAE’s economy continues to strengthen through non-oil GDP growth, proactive policy measures, sustained public infrastructure investment, resilient local business environment and healthy domestic demand 4.8% YoY non-oil GDP growth - Q1 2026 Banking sectorII Banking system continues to be resilient supported by strong capital buffers and improved asset quality, reinforcing sector’s capacity to fund economic expansion AED 5.6 Tn assets 2.8% NPF ratio as of Sept 2026 Oil & gas sectorIII Higher oil prices and strong oil production levels are supporting fiscal revenues, enabling continued government investment in infrastructure and wider economy 5 Mn barrel / day targeted production capacity by 2027 Source: CBUAE, DFM, ADX, Abu Dhabi Real Estate Center, DERA and secondary research Real estate sectorIV Real estate sector continues to expand with sales volumes normalizing in Dubai and Abu Dhabi, supported by sustained investor interest and growing population DXB: AED 574 Bn AD: AED 117 Bn sales as of Sept 2026 Equity marketV DFM and ADX stock market reached pre-conflicts levels, with higher trading volumes and continued participation from investors supporting market depth DFMGI at 5,960 ADXGI at 10,070 as of 30 Sept 2026
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7 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Operating Environment 5 Appendix Contents
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8 9M’26 Performance Summary: Healthy financial performance driven by sustained business momentum and balance sheet strength Growth Earnings Asset quality Capital and liquidity Total assets increased by 3% YTD to AED 427 Bn, supported by growth momentum in financing portfolio. Net financing assets grew by 10% YTD to AED 287 Bn, driven by healthy growth across key economic sectors. Bank’s gross revenue grew by 7% YoY in 9M’26 to AED 18.6 Bn, primarily driven by growth in funded income. Bank’s net profit (pre-tax) remained stable YoY at AED 6.6 Bn underpinned by continued cost management with operating expense remaining flat YoY . NPF Ratio improved by 30 bps YTD to 2.4% in 9M’26, supported by healthy financing portfolio and prudent credit underwriting. Stage 3 exposures stood at AED 7 Bn in 9M’26, broadly unchanged from the previous quarters, driven by disciplined portfolio management. Bank maintained strong capital positions with 13.4% CET1 ratio and 16.5% CAR, providing a strong foundation for continued growth. LCR and NSFR stood at 126% and 105%, supported by strong liquidity position and stable customer deposits.
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9 Income Statement AED Bn 9M’26 9M’25 YoY % Q3’26 Q2’26 QoQ % Gross Funded Income 15.5 14.3 8% 5.3 5.2 1% Non-Funded Income 3.1 3.0 2% 0.9 1.0 (8%) Gross revenue 18.6 17.4 7% 6.2 6.1 1% Depositors’ & Sukuk holders profit share (8.7) (7.7) 12% (3.0) (2.9) 4% Operating Revenue 9.9 9.7 3% 3.1 3.2 (3%) Operating Expenses (2.8) (2.8) 0% (0.8) (1.0) (16%) Operating Profit 7.1 6.9 4% 2.3 2.3 2% Net Impairment Charges (0.6) (0.3) 100% (0.1) (0.1) 74% Net profit (before tax) 6.6 6.6 - 2.3 2.2 2% Income Tax (0.9) (0.9) 0% (0.3) (0.3) 22% Net Profit (after tax) 5.6 5.7 (1%) 1.9 1.9 (3%) RoTE (before tax) 20% 22% (200 bps) 20% 19% 100 bps RoTE (after tax) 17% 18% (100 bps) 17% 16% 100 bps RoA (before tax) 2.1% 2.4% (30 bps) 2.1% 2.1% - RoA (after tax) 1.8% 2.1% (30 bps) 1.8% 1.8% - Profitability (AED Bn) and Cumulative Returns (pre-tax) 9M’26 highlights 2.1 2.2 2.3 2.4 2.1 2.2 2.3 22% 21% 22% 22% 21% 20% 20% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Net Profit (pre-tax) Cummulative RoTE (pre-tax) Healthy income continues to drive strong returns Bank’s gross revenue grew strongly by 7% YoY to AED 18.6 Bn in 9M’26, primarily driven by gross funded income growth. Bank’s operating profit grew by 4% YoY to AED 7.1 Bn in 9M’26, supported by well- managed operating expenses. The bank continues to generate solid returns with RoTE (pre-tax) of 20% and RoE (pre-tax) of 2.1% in 9M’26. The Bank maintained a prudent and measured approach to provisioning during the quarter. RoTE - Being the ratio of annualized net profit attributable to shareholders to average shareholders’ equity adjusted for estimated proportionate dividend and excluding Tier 1 issuances. RoA - Being the ratio of annualized net profit for the group to average total assets. Bank’s net profit (pre-tax) remained broadly stable YoY at AED 6.6 Bn in 9M’26
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10 Margins1 (%)Net Funded Income (AED Bn) Non-Funded Income (AED Mn) Non-Funded Income Composition (Q3’26) 2.2 2.1 2.3 2.3 2.3 2.3 2.3 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 5.8% 5.8% 5.8% 5.7% 5.4% 5.4% 5.4% 3.4% 3.4% 3.4% 3.4% 3.2% 3.2% 3.3% 2.9% 2.7% 2.7% 2.6% 2.5% 2.4% 2.4% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Yield CoF Profit Margin 505 427 505 437 427 479 434 274 330 187 201 162 154 132 77 167 99 39 73 120 141 106 173 179 573 587 202 174 962 1097 970 1250 1,249 956 882 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Other Income Share of Profit from Assoc. & JVs Income from Properties Fees, Comm. & FX Fees, Commission & FX Share of profit from Associates & JVs Income from Properties Other Income 49% 16% 15% 20% AED 882 Mn Bank’s diversified revenue streams and stable margins continue to support a resilient earnings profile 1All figures are calculated on cumulative basis for the year (3%) YoY
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883 925 966 991 1,002 969 816 28.0% 28.7% 28.6% 28.4% 28.2% 29.0% 28.1% 20. 0% 21. 0% 22. 0% 23. 0% 24. 0% 25. 0% 26. 0% 27. 0% 28. 0% 29. 0% 30. 0% 200 300 400 500 600 700 800 900 1,000 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Operating Costs (AED Mn) Cummulative Cost-to-Income Ratio (%) 11 Operating Expenses Composition (Q3’26)Operating Expenses and Cumulative Cost-to-Income ratio Operating Expenses Movement (AED Mn) Operating Profit (AED Bn) (206) 44 11 816 966 Q3'25 Personnel General & Admin Depreciation Q3'26 2.3 2.3 2.3 2.6 2.5 2.3 2.3 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Personnel General & Administrative Depreciation 46% 45% 9% AED 816 Mn Disciplined cost management remained a key driver of resilient profitability
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Total Assets (AED Bn) Total Deposits (AED Bn) 12 Balance Sheet (AED Bn) 9M’26 Highlights AED Bn Q3’26 Q4’25 YTD % Q3’25 YoY % Net Financing Assets 287 262 10% 248 16% Sukuk Investments 85 91 (6%) 95 (11%) Net Financing Assets & Sukuk 372 353 6% 343 8% Other assets 55 63 (13%) 50 11% Total Assets 427 416 3% 393 9% Customer Deposits 323 320 1% 302 7% Sukuk financing instruments 17 25 (33%) 21 (22%) Equity 56 53 3% 52 7% Other liabilities 31 18 72% 18 72% Total Liabilities inc. Equity 427 416 3% 393 9% 355 373 393 416 420 423 427 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 9% YoY 265 284 302 320 322 327 323 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Balance sheet expansion was driven by sustained financing asset growth Net financing assets grew by 10% YTD to AED 287 Bn, supported by gross new financing of AED 69 Bn in the first nine months of 2026. Sukuk investments declined by 6% YTD to AED 85 Bn as the Bank strategically repositioned the Sukuk portfolio, while supporting continued financing growth opportunities across businesses. Customer deposits grew by 1% YTD to AED 323 Bn. 7% YoY
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Consumer Real Estate Services Government Aviation Financial Institutions Utilities Manufacturing Automobile Others Net Financing Assets Sukuk Investments Cash & CB balances Investments in equities & properties Due from banks & FI Other Assets 13 Sukuk Investments (AED Bn)Net Financing Assets (AED Bn) Total Assets Composition (Q3’26) Gross Financing by Sector (Q3’26) 67% 32% AED 427 Bn 223 237 248 262 271 281 287 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 84 89 95 91 93 85 85 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 20% 7% 2% 1% 3% AED 293 Bn 13% 12% 11% 7% 5% 5% 5% 4% 5% Portfolio diversification supported broad-based growth in financing assets 16% YoY (11%) YoY
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8.9 9.2 8.6 8.6 8.5 8.6 8.7 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Impairment charges and Cost of Risk3NPF1 and NPF Ratio2 Total Provisions (AED Bn) Total Coverage4 and Cash Coverage Ratios 1Includes Purchased or Originated Impaired (POCI) through Noor Bank acquisition. This refers to impairments in acquired or originated financing transactions. 2NPF ratio includes Bilateral Sukuk and is calculated as the sum of individually impaired Financing Assets divided by gross financing. 3 Cost of Risk being ratio of net impairment charge on financing assets, Sukuk and overdraft charge to the aggregate gross outstanding balances of financing assets, sukuk investments and overdrawn accounts. 4 Total Coverage Ratio is calculated as the sum of provisions held including Regulatory Risk Reserve (if any) and collateral held relating to facilities individually determined to be impaired divided by non-performing financing. 14 163 93 36 193 420 69 121 0.20% 0.16% 0.12% 0.14% 0.45% 0.28% 0.25% -0.20% -0.10% 0.00% 0.10% 0.20% 0.30% 0.40% 0.50% 0.60% 0 50 100 150 200 250 300 350 400 450 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Qtly. Impairment charges (AED Mn) Cummulative CoR (%) 8.7 8.3 8.1 7.2 7.0 7.0 7.1 3.7% 3.4% 3.1% 2.7% 2.5% 2.4% 2.4% 6.0 6.5 7.0 7.5 8.0 8.5 9.0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 NPF (AED Bn) NPF Ratio (%) 139% 145% 149% 160% 160% 158% 155% 98% 103% 107% 120% 122% 122% 123% 80% 100% 120% 140% 160% 180% 200% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Total Coverage (%) Cash Coverage (%) Prudent risk management maintained healthy asset quality metrics (70 bps) 0.34%* *Cumulative Cost of Risk excluding overlays
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Gross Financing Assets by Stage (%) ECL Provisions (AED) and Stage 3 ECL Coverage (%) 15 92.0% 92.5% 92.6% 93.6% 94.3% 94.2% 93.9% 4.3% 4.1% 4.2% 3.8% 3.2% 3.3% 3.7% 3.8% 3.4% 3.2% 2.7% 2.5% 2.4% 2.4% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Stage 1 Stage 2 Stage 3 + POCI 0.9 1.0 1.1 1.1 1.1 1.4 1.30.9 0.7 0.7 0.7 0.8 0.7 0.7 5.0 5.0 4.9 4.1 3.9 3.9 4.0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Stage 1 Stage 2 Stage 3 + POCI Stage 1 Gross Exposures (AED Bn) Stage 2 Gross Exposures (AED Bn) Stage 3 Gross Exposures (AED Bn) 211 225 236 251 260 270 275 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 10 10 11 10 9 10 11 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 9 8 8 7 7 7 7 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 61.3% 7.4% 56.4% Portfolio quality strengthened further as Stage 3 exposures declined 17% YoY 6.1% (3%) YoY (11%) YoY 85.3%* 84.8%* *Including Regulatory Credit Risk Reserve
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Customer DepositsFunding Sources (Q3’26) LCR and NSFR Customer Deposits Breakdown by businesses (Q3’26) 16 133% 128% 144% 157% 121% 140% 126% 105% 107% 108% 109% 106% 105% 105% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 LCR (%) NSFR (%) Corporate Consumer Commercial AED 323 Bn 65% 8% 264 284 302 320 322 327 323 37% 36% 35% 34% 36% 34% 34% 1% 11% 21% 31% 41% 51% 61% 100 120 140 160 180 200 220 240 260 280 300 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Total Deposits (AED Bn) CASA (%) Customer Deposits Equity Sukuk Financing Other Payables Due to banks 76% 13% 4% 4% 3% AED 427 Bn Stable and diversified funding base supported healthy liquidity 7% YoY 27%
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5.4 (0.4)36.9 (0.04) 41.8 Q4'25 Net Profit OCI Movement Others Q3'26 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 Regulatory Capital Ratios (%)Regulatory Capital1 (AED Bn) CET1 Movement (AED Bn) RWA Movement (AED Bn) 17 35.6 36.8 39.1 36.9 38.5 40.2 41.8 7.3 7.3 7.3 7.3 7.3 7.3 7.33.1 3.2 2.2 2.1 2.2 2.3 2.346.0 47.3 48.6 46.3 48.1 49.9 51.4 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 CET 1 AT1 Tier 2 17.3% 16.7% 16.6% 15.5% 15.8% 16.1% 16.5% 13.4% 13.0% 13.4% 12.3% 12.6% 13.0% 13.4% 16.1% 15.6% 15.9% 14.8% 15.0% 15.3% 15.8% 10. 0% 11. 0% 12. 0% 13. 0% 14. 0% 15. 0% 16. 0% 17. 0% 18. 0% 19. 0% 20. 0% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 CAR CET1 Tier 1 11.3 0.4 0.6 298.9 311.1 Q4'25 Credit RWA Market RWA Op RWA Q3'26 0.0 50.0 100.0 150.0 200.0 250.0 300.0 350.0 Robust capital position reinforced the Bank’s capacity for continued growth YTD growth +100 bps +100 bps +110 bps 1 Refers to Regulatory Capital under Basel III
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18 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Operating Environment 5 Appendix Contents
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830 845 965 988 865 906 873 47 77 123 42 137 56 100877 922 1,088 1,030 1,002 962 973 6.7% 6.7% 6.7% 6.6% 6.2% 6.2% 6.1% 3.0 0% 4.0 0% 5.0 0% 6.0 0% 7.0 0% 8.0 0% 9.0 0% 10. 00% 0 200 400 600 800 100 0 120 0 140 0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Non Funded Income Net Funded Income Gross Yields 39 38 40 39 39 40 39 49% 47% 48% 44% 45% 44% 44% 30% 31% 32% 33% 34% 35% 36% 37% 38% 39% 40% 41% 42% 43% 44% 45% 46% 47% 48% 49% 50% 51% 52% 53% 54% 55% 56% 57% 58% 59% 60% 61% 62% 63% 64% 65% 66% 67% 68% 69% 70% 71% 72% 73% 74% 75% 76% 77% 78% 79% 80% 81% 82% 83% 84% 85% 86% 87% 88% 89% 90% 1 6 11 16 21 26 31 36 41 46 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 AED Bn % of Deposits 79 81 84 87 88 91 88 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 19 Revenue and Gross Yields (AED Mn,%)1 Net Financing Assets (AED Bn) Exposure by products2 (Q3’26) Deposits (AED Bn) CASA Balances (AED Bn) Key Highlights: 67 70 73 77 82 86 91 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Home Finance Personal Finance Auto Finance Cards 43% 34% 17% 5% Consumer business continued to expand, with net financing assets increasing by 18% YTD to AED 91 billion. Growth in financing was led by personal finance growth of 23% YTD, home finance growth of 20% YTD, cards growth of 11% YTD and auto finance growth of 9% YTD. Consumer deposits grew by 1% YTD to AED 88 Bn. 25% YoY Consumer Business : Franchise continues to expand with strong financing and deposit growth while maintaining healthy yields 5% YoY (4%) YoY Exposure by products 1 Segmental results for current and prior years reflect results in accordance with enhanced management account policies for cost allocation and transfer pricing. 2 Exposure by sectors is estimated on gross financing assets Note: Commercial business, previously recorded under consumer business, is now represented separately. Due to this, the figures above vary compared to report published in Q1’26 Growth was supported by gross new consumer financing of AED 31 Bn in 9M’26. (11%) YoY
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45 49 50 52 55 52 51 27% 27% 26% 25% 26% 25% 25% 0% 10% 20% 30% 40% 50% 60% 1 11 21 31 41 51 61 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 AED Bn % of Deposits 166 183 194 208 209 210 206 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 6% YoY Corporate deposits stood to AED 206 Bn with stable CASA balances of 25%. Net Financing Assets (AED Bn) Deposits (AED Bn) CASA Balances (AED Bn) Exposure by sectors2 (Q3’26) Key Highlights: Real Estate Services Government Aviation Financial Institutions Utilities Manufacturing Automobile Trade Oil & Gas Contracting 20 149 160 169 177 181 186 187 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Exposure by sectors 19% 18% 17% 10% 8% 7% 7% 6% 4% 2% 2% Revenue and Gross Yields (AED Mn,%)1 Net financing assets grew by 6% YTD to AED 187 Bn, driven by growth across economic sectors. Franchise revenue grew by 17% YoY to AED 867 Mn in Q3’26 supported by stable yields of 5.3%. Local and Cross-Border Corporate Business : Healthy balance sheet growth supported by a diversified portfolio and stable yields 11% YoY 2% YoY Growth in financing assets was driven by gross new financing of AED 28 Bn in 9M’26. 1 Segmental results for current and prior years reflect results in accordance with enhanced management account policies for cost allocation and transfer pricing. 2 Exposure by sectors is estimated on gross financing assets 17% YoY 553 560 532 587 669 648 694 114 195 208 235 144 227 173667 755 740 822 813 875 867 5.8% 5.8% 5.8% 5.7% 5.4% 5.2% 5.3% 3.5 0% 4.5 0% 5.5 0% 6.5 0% 7.5 0% 8.5 0% 0 200 400 600 800 100 0 120 0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Non Funded Income Net Funded Income Gross Yields
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18 20 21 22 22 23 26 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 24% YoY Net Financing Assets (AED Bn) Deposits (AED Bn) CASA Balances (AED Bn) 21 8 7 7 8 8 9 9 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 13 15 16 17 16 17 17 73% 74% 76% 77% 71% 74% 67% 50% 55% 60% 65% 70% 75% 80% 85% 90% 1 3 5 7 9 11 13 15 17 19 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 AED Bn % of Deposits Revenue and Gross Yields (AED Mn,%)1 154 194 211 197 194 216 232 56 61 78 77 44 65 61210 255 289 274 238 280 293 6.3% 6.5% 6.6% 6.5% 6.0% 5.9% 6.0% 5.0 0% 5.5 0% 6.0 0% 6.5 0% 7.0 0% 7.5 0% 8.0 0% 8.5 0% 9.0 0% 0 50 100 150 200 250 300 350 400 450 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Non Funded Income Net Funded Income Gross Yields Commercial Business : Strong growth momentum supported by healthy yields and a high CASA balances 29% YoY 8% YoY Key Highlights: Deposits grew significantly by 18% YTD to AED 26 Bn in the first nine months of the year. Net financing assets grew by 13% YTD to AED 9 Bn, driven by healthy financing demand across key commercial sectors such as real estate, services, trade and others. Commercial business revenue grew to AED 293 Mn in Q3’26 supported by strong yields of 6.0%. 1 Segmental results for current and prior years reflect results in accordance with enhanced management account policies for cost allocation and transfer pricing. 2 Exposure by sectors is estimated on gross financing assets 1% YoY Growth in financing assets was driven by gross new financing of AED 2 Bn in 9M’26. CASA balances remained strong during the period at AED 17 Bn, accounting for 67% of total deposits.
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Treasury business revenues stood at AED 475 Mn in Q3’26. 22 Sukuk (AED Bn) Gross Sukuk by sector (Q3’26) Key Highlights Government Services FIs Others AED 85 Bn 62% 21% 15% 3% 542 546 558 538 561 521 441 75 74 73 73 83 108 34 617 620 631 611 644 629 475 5.0% 4.9% 4.9% 4.9% 4.7% 4.7% 4.6% 2.0 0% 2.2 0% 2.4 0% 2.6 0% 2.8 0% 3.0 0% 3.2 0% 3.4 0% 3.6 0% 3.8 0% 4.0 0% 4.2 0% 4.4 0% 4.6 0% 4.8 0% 5.0 0% 5.2 0% 5.4 0% 5.6 0% 5.8 0% 6.0 0% 6.2 0% 6.4 0% 6.6 0% 6.8 0% 7.0 0% 0 200 400 600 800 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Net Funded Income Non Funded Income Gross Yields 84.0 89.0 95.0 91.0 93.1 85.2 85.2 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Revenue and Gross Yields (AED Mn,%)1 The Sukuk portfolio declined by 6% YTD to AED 85 Bn as the Bank repositioned its sukuk portfolio, supporting continued risk-adjusted financing growth opportunities across businesses. Yields continue to be stable at 4.6% in Q3’26. Sukuk investment portfolio majorly comprises of high-quality paper in sovereign and financial institutions space. Treasury Business : Franchise performance continues to be supported by healthy yields (10%) YoY 1Segmental results for current and prior years reflect results in accordance with enhanced management account policies for cost allocation and transfer pricing. (25%) YoY
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1.53 1.58 1.64 1.71 1.77 1.82 1.87 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 23 Continued investment in digital transformation initiatives is driving greater adoption of digital banking services and enhancing operational efficiency Key Highlights Digital Channels Adoption • Targeted digital campaigns supported growth in user base and transaction volumes, driving customer engagement across the bank’s digital channels. • 97% of DIB customers transacted digitally during 9M’26, reflecting growing preference for convenient, secure and seamless banking services. • 95% of financial and non-financial transactions processed digitally during the period, lowering cost-to-serve and enhancing operating efficiency. • DIB mobile app achieved strong customer rating of 4.5 on both iOS and Android, reflecting the Banks commitment to deliver efficient, secure and user-friendly digital banking experience. Digital Customer Acquisition • 82% of new CASA customers were onboarded digitally in 9M’26, delivering faster, seamless, and reliable onboarding experience to our customers. • AED 170Mn+ in personal finance disbursed digitally in 9M’26. • All customer contracts for Personal finance, Auto finance, and Credit cards are digitalized, aligning with DIB’s goal to offer efficient and sustainable services. Digitization Automation • DIB ALT offering 135+ services has evolved into an everyday companion for our customers and 59% of bank transactions were performed through the app. • The Bank significantly expanded its digital payments footprint and onboarded 2,600 merchants on-tract to achieve the year-end target of 2,800 merchants Digital Registered Users1 (Mn) Mobile Banking Transactions (Mn) 7.0 7.1 7.5 8.0 8.1 8.3 9.0 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 14% YoY 1Digital Registered User Base (Business to Date): overall registered internet banking & mobile banking app users 19% YoY
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24 Sustainability remains integral to the growth strategy and value creation agenda Key Highlights Key pillars of DIB’s Sustainability Strategy Financing a sustainable future Supporting national sustainability priorities with innovative solutions, driving growth opportunities beyond banking. Leading by example Embedding responsible and ethical banking practices that support sustainable long-term value creation. New sustainable financing AED 6.7bn of sustainable and sustainability-linked financing originated across diversified sectors including aviation, real estate, transport, clean energy and the circular economy. 3.7 Bn New sustainable finance 3.0 Bn New sustainability- linked finance Value beyond banking Continued development of Green Concierge proposition, reinforcing the Bank's ambition to be a strategic sustainability partner to clients. By connecting clients with specialist expertise, solutions and delivery partners, the program helps unlock sustainability investments and accelerate value creation Expanded framework Published an enhanced Sustainability-Linked Financing Framework, further strengthening DIB's market-leading sustainable finance proposition. Supported by an independent second-party opinion from ISS. 24 Total key performance indicators Shuttle Bus Service Introduced a dedicated employee shuttle service to support lower-emission commuting and improve access to public transport, recording nearly 20,000 rides since initiative launched in June. Employee engagement Launched the DIB Youth Council to strengthen leadership engagement and support future talent development. Two additional Employee Resource Groups were launched for People of Determination and Parents, helping strengthen inclusion, employee voice and workplace connectivity. ESG ratings Continued improvement across leading ESG ratings, reflecting progress in sustainability performance, governance and disclosures. 44% 80th S&P YoY Increase Percentile Banks globally 52/100 28% 94th Bloomberg YoY Increase Percentile Commercial Banks globally 5.33/10
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25 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Macro-economic Overview 5 Appendix Contents
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FY 2026 Guidance 10% 2.3% 28.0% 21% 2.2% 2.5% 160% 9M’26 Actuals 6% 2.4% 28.1% 20% 2.1% 2.4% 155% 26 9M’26 actual vs. FY 2026 guidance9M’26 Highlights: 9M’26 performance remained on track to meet FY’26 guidance Net Financing assets and Sukuk investments grew by 6% YTD to AED 372 Bn, with net financing assets outpacing overall growth at 10% YTD. Cost to income ratio maintained at 28.1%, driven by underpinned by continued cost management with operating expense remaining flat YoY. Asset quality indicators improved further with NPF Ratio declining to 2.4% in Q3’26, driven by prudent financing practices. Profitability and returns remained strong, supported by continued improvements across key performance metrics. Target Metrics Net Financing and Sukuk growth Net Profit Margin Cost-to-Income Ratio Return on Tangible Equity (pre-tax) Return on Assets (pre-tax) NPF Ratio Total Coverage
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27 1 Macro-economic Overview 2 Financial Performance 3 Business Performance 4 Summary Contents Macro-economic Overview 5 Appendix
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Moody’s A3 “Stable” Fitch A “Stable” IIRA1 A+/A1 “Stable” Geographic Presence 28 Turkey Bosnia (33) Sudan (127) UAE (57) Pakistan (314) Indonesia (10) Kenya (8) Existing Presence & Branch Numbers Ratings Subsidiaries and Associates Key Businesses Consumer Banking Corporate Banking Investment Banking Treasury MSCI ESG A Entity % Country Dar Al Shariah 100.0% UAE Tamweel 92.3% UAE Deyaar 44.9% UAE DIB Pakistan 100.0% Pakistan Bank of Khartoum 29.5% Sudan Bosna Bank International 27.3% Bosnia Panin Dubai Syariah Bank 25.1% Indonesia DIB Kenya 100.0% Kenya T.O.M. Group 25.0% Turkey Dubai Islamic Bank was the first Islamic Bank in the world, established in 1975 Key Facts 27.9% owned by “Investment Corporation of Dubai” One of the largest Islamic Banks globally with AED 427 Bn in assets Well established franchise serving >11 Mn clients, with > 12,000 employees Solid distribution network of 549 branches & 900+ ATMs across group. 1 Islamic International Rating Agency (IIRA) Dubai Islamic Bank – A leading global Islamic bank
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29 Digital Transformation Robust Foundation Increase Value Versatile Operation Engaging Experience Technology Infrastructure Upgrade Further strengthen Risk Management Framework Selective and Strategic international Expansion ESG focus across the bank’s value chain Embed “Customer- centricity” as part of bank’s DNA Streamlined Digital Journeys & enhanced experience Remain focused on Asset Quality Improvement Enhance market share in earning assets Compliance with spectrum of regulatory driven changes Simple, transparent & ease of access across Touchpoints AI-driven Banking Enterprise-wide Cost Optimization Smart Data Analytics to grow wallet share and new client base Committed to support UAE’s Sustainability Goals Leverage DIB to graduate into Lifebrand Strengthen the Group Grow the Group Bank’s strategy aligned with UAE’s ambitious and expansionary agenda
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30 • Amongst World’s “Top 3” Islamic Banks by Total Assets • #1 Islamic Bank in the UAE • Serving > 11 Mn customers across network of over 549 branches across the group. A Leading Islamic Banking Franchise Clear Strategy & Focused Execution • Focused growth, underpinned by Strong underwriting • Cost discipline ensured high operational efficiencies • Bank’s assets grew by over ~3.8x since FY’13 Solid Fundamentals • Highly Rated “D-SIB” Bank, “A” Rating by Fitch & “A3” by Moody’s • Healthy Asset Quality with low NPF ratio and high Coverage Ratio • Strong regulatory capital ratios with healthy capital buffers Consistent Shareholder Value Creation • Sustained growth in the Bank’s Net Profit over the last decade • 4.5x increase in share price since FY’13 Investing In The Future • ESG truly embedded in the bank’s DNA; ESG MSCI rating of ” A” shows bank’s progress so far • Considerable progress on digitalization; sizeable investments in technology infrastructure • Focused on building AI/ML capabilities to deliver relevant & engaging customer solutions Key Investment Highlights
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31 Balance Sheet (AED Bn) 9M’26 FY’25 Assets Cash and balances with central banks 29.6 36.9 Due from banks and financial institutions 5.0 5.4 Islamic financing and investing assets, net 287.1 262.1 Investments in Islamic Sukuk measured at amortized cost 85.0 90.6 Other investments at fair value 0.9 0.6 Investments in associates and joint ventures 2.6 2.9 Properties held for development and sale 1.0 1.1 Investment properties 4.4 4.8 Receivables and other assets 9.4 9.9 Property and equipment 2.0 1.7 Total Assets 427.0 416.0 Liabilities Customers' deposits 323.5 320.2 Due to banks and financial institutions 14.3 2.0 Sukuk issued 16.6 25.1 Payables and other liabilities 16.9 15.6 Total Liabilities 371.3 362.9 Equity Share Capital 7.2 7.2 Tier 1 Sukuk 7.3 7.3 Other Reserves and Treasury Shares 16.5 16.5 Investments Fair Value Reserve (1.1) (1.2) Exchange Translation Reserve (2.5) (2.4) Retained Earnings 24.9 22.4 Equity Attributable to owners of the Bank 52.3 49.8 Non-Controlling Interest 3.3 3.2 Total Equity 55.6 53.0 Total Liabilities and Equity 427.0 416.0 Consolidated Balance Sheet
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32 Income Statement (AED Bn) 9M’26 9M’25 Total Income Income from Islamic financing and investing transactions 15.5 14.3 Commissions, fees and foreign exchange income 1.3 1.4 Income from other investments measured at fair value, net 0.0 0.0 Income from properties held for development and sale, net 0.3 0.4 Income from investment properties 0.1 0.4 Share of profit from associates and joint ventures 0.3 0.3 Other Income 1.0 0.4 Total Income 18.6 17.4 Depositors’ and Sukuk holders’ share of profit (8.7) (7.7) Operating Revenue 9.9 9.7 Operating Expenses Personnel expenses (1.5) (1.7) General and administrative expenses (1.1) (0.9) Depreciation of investment properties 0.0 0.0 Depreciation of property and equipment (0.2) (0.2) Total Operating Expenses (2.8) (2.8) Profit before net impairment charges and taxation 7.1 6.9 Impairment charges, net (0.6) (0.3) Profit for the period before income tax expense 6.6 6.6 Income tax expense (0.9) (0.9) Net Profit for the period 5.6 5.7 Attributable to: Owners of the Bank 5.4 5.5 Non-Controlling Interests 0.2 0.2 Consolidated Income Statement
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33 DIB Debt Capital Markets - Deals and transaction in 9M’26 Kingdom of Saudi Arabia US$ 3.25bn 5.257% 2031 Sukuk 5.598% 2036 Sukuk JLM & Bookrunner September 2026 JLM & Bookrunner Ajman Bank US$ 300mn Additional Tier 1 6.500% 2031 Sukuk July 2026 Sharjah Islamic Bank US$ 500 mn Senior Unsecured 5.850% 2031 Sukuk JLM & Bookrunner September 2026 Republic of Turkey US$ 2.75bn 6.700% 2032 Sukuk JLM & Bookrunner June 2026 Burjeel Holdings US$ 500mn 7.000% 2031 Sukuk JLM & Bookrunner June 2026 JLM & Bookrunner Dubai Islamic Bank US$ 1.00 bn 6.250% 2031 Sukuk AT1 June 2026 Dar Al Arkan US$ 600mn 7.250% 2031 Sukuk JLM & Bookrunner May 2026 Omniyat US$ 600mn 7.250% 2031 Sukuk Global Coordinator, JLM & Bookrunner February 2026 Binghatti Holdings US$ 500mn 8.375% 2031 Sukuk Global Coordinator, JLM & Bookrunner February 2026 JLM & Bookrunner Damac Real Estate Development Limited US$ 600mn 6.125% 2029 Sukuk January 2026 Saudi Telecom Company US$ 2.0 bn 4.489% 2031 sukuk 5.083% 2036 sukuk Joint Structuring Bank JLM & Bookrunner January 2026 Energy Development Oman US$ 650mn 5.140% 2036 Sukuk JLM & Bookrunner January 2026 Saudi Electricity Company US$ 2.4bn 4.310% 2029 sukuk 4.518% 2032 sukuk 5.064% 2036 sukuk JLM & Bookrunner January 2026 Public Investment Fund US$ 2.0bn 5.133 % 2036 Sukuk JLM & Bookrunner January 2026 TPAO US$ 1.0bn 6.300% 2031 Sukuk JLM & Bookrunner February 2026 JLM & Bookrunner Kuwait Finance House US$ 1.00bn 4.563% 2031 Sukuk January 2026 Al Rajhi Bank US$ 1.00bn 6.150% 2031 Sukuk AT1 JLM & Bookrunner January 2026 Bank Albilad US$ 500mn 6.375% 2031 Sukuk AT1 JLM & Bookrunner January 2026 Qatar Islamic Bank US$ 750mn 4.402% 2031 Sukuk JLM & Bookrunner February 2026 JLM & Bookrunner First Abu Dhabi Bank US$ 700mn 4.859 % 2031 Sukuk May 2026 Kingdom of Bahrain US$ 800mn 6.124% 2034 Sukuk JLM & Bookrunner January 2026 Arab Energy Fund US$ 500 mn 4.721% 2031 Sukuk JLM & Bookrunner January 2026 Emlak Konut US$ 650mn 7.750% 2031 Sukuk JLM & Bookrunner May 2026
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Google Play Store logo, Google Play App Store Android, wallets ... App store Google Play Apple, apple, text, logo png | PNGEgg DIB IR App – Download now! Download the Annual Report 2025. Dubai Islamic Bank PJSC, P . O. Box: 1080, Dubai, UAE +971 4 207 54540 Email: IR@dib.ae Download the Sustainability Report 2025.