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Results Presentation Third Quarter 2026 21st October 2026
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Disclaimer The material in this presentation is general background information about Emirates NBD's activities current at the date of the presentation. It is information given in summary form and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice when deciding if an investment is appropriate. The information contained here in has been prepared by Emirates NBD. Some of the information relied on by Emirates NBD is obtained from sources believed to be reliable but does not guarantee its accuracy or completeness Forward-Looking Statements It is possible that this presentation could or may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could or other words of similar meaning. Undue reliance should not be placed on any such statements because, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors Important Information That could cause actual results, and the Group’s plans and objectives, to differ materially from those expressed or implied in the forward- looking statements. There are several factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are changes in the global, political, economic, business, competitive, market and regulatory forces, future exchange and interest rates, changes in tax rates and future business combinations or dispositions. Emirates NBD undertakes no obligation to revise or update any forward-looking statement contained within this presentation, regardless of whether those statements are affected as a result of new information, future events or otherwise. Rounding Rounding differences may appear throughout the presentation. 1
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Executive summary 9M-26 Results Key metrics and guidance* Building one of the region’s flagship Islamic banking franchises, with Islamic assets reaching AED ~270bn Delivered record income and profits, as robust customer activity and continued strong balance sheet growth underscores the resilience of UAE economy Strategically expanding regional footprint, with the landmark RBL acquisition in India and organic growth in our core markets Solid capital ratios, liquidity position, asset quality and market leading credit coverage provides a strong foundation to continue creating long-term shareholder value Building a world-class, customer-first digital banking franchise, with continued investments in technological infrastructure and AI 2 Income 42.2bn +6% qoq +15% yoy Profit before tax 24.3bn flat qoq +4% yoy Profit 19.3bn NIM 3.24% CET 1 13.4% NPL cover 149% Cost to income 31.4% Guidance ≤ 33% NPL ratio 2.0% Guidance revised to c. 2.0% Cost of risk 37 bps Guidance 30-50 bps Gross loan growth 27% ytd Guidance revised to low 20s% Guidance 3.1-3.3% flat qoq +2% yoy ex. RBL 18% *Guidance excludes RBL Bank
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• Income grew 15% yoy to AED 42.2bn in 9M-26, comprising: o NII increased 14% yoy to AED 29.4bn, fueled by continued strong asset growth and resilient margins o NFI rose 18% yoy to AED 12.8bn, driven by robust client flows and broad-based growth across segments and diversified product offerings • Operating profit before impairment up 14% yoy to AED 29 bn, reflecting strong income growth and disciplined cost management • Profit before tax increased 4% yoy to AED 24.3bn, despite higher impairment allowances and hyperinflation charge • Total assets surged to AED 1.38tn, up 18% ytd and 21% yoy, boosted by consolidation of RBL Bank in Q2 • Gross loans grew 27% ytd by AED 174bn to AED 833bn, driven by continued growth across most sectors and geographies • Deposits grew by AED 149bn to AED 935bn, supported by growing customer base across all segments and markets • NPLs improved to 2.0%, with cost of risk of 37 bps for 9M-26 • Capital and liquidity remains solid, even post-RBL impact • RBL added AED 1.1bn of income and AED 292mn of profits in Q3, supporting growth, refer to page 16 for details Income statement 9M-26 9M-25 %∆ YoY Q3-26 %∆ QoQ (AED bn) Net interest income 29.4 25.8 14% 10.4 9% Non-funded income 12.8 10.9 18% 3.9 (2)% Total income 42.2 36.7 15% 14.3 6% Operating expenses (13.3) (11.2) 19% (4.9) 18% Operating profit before impairment 29.0 25.5 14% 9.4 1% Impairment allowances (2.1) 0.3 n/m (0.7) 15% Profit before tax & others 26.9 25.8 4% 8.8 - Hyperinflation adjustment (2.6) (2.4) 9% (0.7) (7)% Profit before tax 24.3 23.4 4% 8.0 - Tax (5.0) (4.4) 13% (1.6) 1% Profit 19.3 19.0 2% 6.4 - NIM 3.24% 3.43% (19) bps 3.23% 7 bps Cost to income ratio 31.4% 30.5% 0.9% 34.2% 3.5% Risk Credit/(Cost of Risk)* (bps) (37) 9 (46) bps (31) 2 bps Balance sheet 30-Sep-26 30-Sep-25 %∆ YoY 31-Dec-25 %∆ YTD Total assets 1,379 1,139 21% 1,164 18% Total gross loans 833 628 33% 658 27% Deposits 935 760 23% 786 19% CET-1 13.4% 14.7% (1.3)% 14.4% (1.0)% LCR 147% 149% (2.7)% 152% (5.6)% NPL ratio 2.0% 2.5% (0.5)% 2.4% (0.4)% Rounding differences may appear throughout the presentation Total income up 15% yoy to a record AED 42.2bn, driven by continued strong balance sheet growth and resilient margins *excluding net impairment on non -financial assets 3
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3.37% 3.52% 3.35% 3.16% 3.23% 3.95% 3.64% 3.47% 3.43% 3.46% 3.35% 3.25% 3.24% 2023 2024 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 Quarterly NIM Ytd NIM 5.50% 4.50% 4.50% 4.25% 3.75% 3.75% 3.75% 4.00% 3.16 0.16 (0.11) (0.03) 0.06 3.23 Q2-26 Asset yield Funding cost DenizBank RBL Q3-26 3.43 (0.41) 0.04 0.16 0.02 3.24 9M-25 Asset yield Funding cost DenizBank RBL 9M-26 Margins remain resilient, improving qoq as higher asset yields absorb rising funding cost Net interest margin (%) NIM drivers 9M-26 vs 9M-25 (%) NIM drivers Q3-26 vs Q2-26 (%) • 9M-26 NIM at 3.24% well within guidance of 3.1-3.3% • ENBD (ex. Deniz and RBL) NIMs remained resilient at 2.60% in 9M-26, increasing by 4bps qoq as higher asset yields absorb rising funding costs • DenizBank maintaining healthy NIMs of 6.87% in 9M-26 • RBL NIMs stood at 4.06% for the consolidation period Fed Funds Upper Bound 4
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1,882 1,579 2,503 1,981 1,876 (267) (616) (36) (330) (574) 1,615 963 2,466 1,651 1,302 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 Client & trading flow income Non-client income Total 3,695 3,614 3,645 3,840 4,328 353 395 382 362 393 164 138 191 144 155 4,212 4,147 4,218 4,346 4,876 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 Fee income Trade finance Brokerage and AM fees Total Total other non-funded income (AED mn) • Strong broad-based non-funded income, up 18% yoy in 9M-26 across all segments and diversified product offerings • Net fee and commission income rose 22% yoy to AED 7.4bn, driven by strong continued asset growth and solid performance from our growing wealth management franchise • Total other non-funded income up 12% yoy in 9M-26 on strong client flow income driven by FX and derivative income from enhanced Global Markets product offering Non-funded income 9M-26 9M-25 %∆YoY Q3-26 %∆QoQ(AED mn) Fee and commission income 13,440 11,591 16% 4,876 12% Fee and commission expense (6,072) (5,540) 10% (2,249) 12% Net fee & commission income 7,368 6,051 22% 2,627 12% Total other non-funded income 5,419 4,822 12% 1,302 (21)% Total non-funded income 12,787 10,873 18% 3,929 (2)% Fee and commission income (AED mn) Strong growth across products and segments driving robust non- funded income growth 5
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IT, equipment & supplies 9% Communication & marketing 5% Service & legal 3% Cost to income ratio ytd remains within guidance, on the back of strong business and income growth Other expenses 16% Staff 59% Operating expenses composition (%) Breakdown for 9M-26 • 9M-2026 cost to income ratio at 31.4%, within the guidance of ≤33% • Group cost base increased in Q3 by 18% qoq (6% ex. RBL), largely due to full quarter impact of RBL consolidation and continued inflationary cost increase in DenizBank • ENBD ex. Deniz and RBL cost base in Q3 increased by only 1% qoq • Spending on strategic initiatives such as digital & balance sheet growth continue to drive strong income growth, supporting C/I ratio. Cost to income ratio (%) Depreciation & amortisation 9% Operating expenses (AED mn) AED mn 13,253 30.5% 30.5% 29.2% 29.9% 31.4% 30.8% 30.4% 29.2% 30.7% 34.2% 33.0% Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 CI ratio (YTD) CI ratio (QTD) Upper guidance range 6 6% 32.8% ex. RBL 2,393 2,316 2,445 2,509 2,543 356 325 336 364 378 368 336 392 398 448 794 884 1,016 833 981 49 561 3,911 3,861 4,189 4,153 4,911 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 RBL Other cost IT & comms Dep. & amort. Staff cost (ex. RBL) * * For Q2-2026, RBL numbers only for consolidation period from June 18th to 30th 30.8% ex. RBL
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FI & mgmt. co. 15% Transport & service 12% Sovereign 11% Real estate & Construction 10% Trade 7% Manufacturing 6% Others 5% Hotels 2% Agriculture 1% Continued strong well diversified loan growth supported by robust deposit growth • Gross loans grew 27% ytd in 9M-26, with 18% growth excluding RBL – Retail lending up AED 32bn (17% ytd), with AED 65bn of new originations – C&IB lending rose AED 76bn (22% ytd) , with AED 95bn of new originations – DenizBank lending increased by 17% ytd in AED and 34% ytd in TL – RBL added AED 54bn representing 6% of Group’s gross loans • Deposits franchise continues to be a key strength, growing 19% ytd – ENBD CASA (ex. Deniz and RBL) represents 53% of deposits – Time deposits rose 49% ytd, supported by CASA migration into time deposits – DenizBank deposit growth reached 10% ytd in AED and 27% ytd in TL – RBL added AED 55bn of deposits representing 6% of Group deposits 317 340 371 382 416 178 184 193 202 21642 37 34 33 33 91 97 104 110 11444 54 628 658 703 771 833 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 RBL DenizBank Sovereign* Retail C&IB Deposits (AED bn) Gross loans (AED bn) UAE 69% Net loans by geography (%) INTL 10% AED bn 833 AED bn 808 426 439 422 417 406 227 239 294 313 354 107 108 114 119 119 43 55 760 786 830 892 935 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 RBL DenizBank Time CASA Total Personal – mortgage 6% Personal – others 25% Gross loans by sector (%) * Only related party exposure (refer to note 21 in FS), with the remaining sovereign exposure part of C&IB 7 19% (12% ex.RBL) Türkiye 14% India 7% 27% (18% ex. RBL)
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87.0% 82.5% 18.5% 11.9% 0.9% 0.7% FY'25 9M-26 Stage 1 Stage 2 Stage 3 15.4 15.6 15.9 16.5 16.4 24.7 24.9 24.8 24.9 24.4 160% 160% 157% 152% 149% 2.5% 2.4% 2.3% 2.1% 2.0% 94% 95% 96% 97% 98% 99% 100% 0.0 20.0 40.0 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 Impaired loans (AED bn) Impairment allowances (AED bn) Robust credit quality with solid coverage ratios • NPL ratio improved to 2.0% in Q3-26, as we revised our guidance to c. 2.0% from c. 2.5% • Impairment allowance of AED 2.1 bn, primarily driven by prudent provisioning across Denizbank and Emirates NBD, partially offset by continued impressive recoveries • Cost of risk of 37 bps in 9M-26, at mid-point of our guidance of 30-50bps • Coverage ratios remain extremely strong at 149% Impaired loans and allowances Coverage by stage Stagewise ECL (AED bn) FY’25 | AED 658bn Stage 1 93.0% Stage 2 4.6% Stage 3 2.4% 9M-26 | AED 833 Stage 1 92.8% Stage 2 5.2% Stage 3 2.0% Gross loans by stage NPLs Coverage 13.6 13.6 5.6 5.2 5.8 5.7 24.9 24.4 FY'25 9M-26 8
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Funding & liquidity are key strengths of the Group Advances to deposit and liquidity coverage ratio (%) Composition of liabilities and debt issued (%) • LCR of 147% and ADR of 87% demonstrating robust liquidity • Liquid assets * of AED 117.6 bn cover 10% of total liabilities and 13% of total deposits • Emirates NBD issued AED 34.8bn of term Debt & Sukuk in 9M-26. Key highlights for Q3-26: ⁻ ENBD successfully issued inaugural CHF 150mn public Green bond in September, reopening the CHF markets for GCC issuers ⁻ RBL completed its inaugural USD 350mn public issuance in September ⁻ DenizBank successfully issued USD 100mn 5-year Green bond, increasing total volume of its green bond issuances to USD 470mn Customer deposits 77% Debt / Sukuk 9% Others 7% Banks 7% AED bn 1,216 Maturity profile of AED 105.7 bn Term debt/Sukuk/Syndicated loans (AED bn) 9 *Includes cash and deposits with Central Banks, excludes interbank balances and liquid investment securities 79 81 82 84 87 149 152 141 135 147 30 70 110 150 70 75 80 85 90 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 ADR % LCR % 2.1 6.8 8.6 11.0 12.9 17.5 15.81.5 8.2 6.1 7.5 1.8 1.5 1.9 2.0 0.8 8.2 14.3 11.8 12.4 14.8 27.7 16.6 2026 2027 2028 2029 2030 2031 Beyond 2031 ENBD EMTNs ENBD club deal Others
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Strong capital position provides solid platform for growth Capital progression (AED bn) • CET-1 ratio at 13.4% remains strong post RBL consolidation, with the overall effect aligning with anticipated outcomes • Strong retained earnings in Q3-26 absorbing 4% qoq growth in total RWAs • Capital ratios well above CBUAE minimum requirements (before FIRP temporary relief); o CET-1: 11.17%, T1: 12.67% & CAR: 14.67% • Our capital base remains a pillar of strength that allows us to continue healthy growth and support customers Capital ratios (%)Risk weighted assets (RWA) (AED bn) 14.7 14.4 14.2 13.6 13.4 1.1 1.1 1.0 0.9 0.9 1.1 1.1 1.1 1.1 1.1 16.9 16.6 16.4 15.6 15.4 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 CET1% AT1% T2% Total 10 545 555 587 615 637 25 23 27 28 2660 61 63 64 64188 189 201 210 215 60 78 818 828 878 977 1,020 Q3-25 Q4-25 Q1-26 Q2-26 Q3-26 Credit risk Market risk Operational risk DenizBank TotalRBL 119.0 18.3 0.6 (0.2) (0.9) 136.8 9.1 11.5 157.4 CET1 31-Dec-25 OCI RBL net equity Hyperinflation adj. AT1 interest & others CET1 30-Sep-26 AT1 T2 Capital 30-Sep-26
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Divisional performance Retail Banking and Wealth Management delivered record operating profit of AED 11.2 bn, driven by healthy income growth and cost discipline – Income up 7% yoy, on strong wealth management performance and balance sheet growth – AED 65bn in new loan origination, as lending increased by AED 32bn in 9M-26 – Deposits grew by AED 29bn ytd, with a strong 71% CASA ratio, despite geopolitical headwinds – ENBD (ex. Deniz) AUM grew by an impressive 20% yoy; Digital Wealth trading volumes doubled – Regional leader in customer experience with NPS of 59 – #1 credit card issuer in MEA, with 35% UAE spend share – International franchise delivered 20% yoy revenue growth, enhancing diversification Corporate & Institutional Banking delivered 7% yoy increase in profit before tax, driven by diversified income growth across products despite lower recoveries – Income increased 16% yoy, supported by robust lending activity and successful cross-selling initiatives, more than offsetting the impact of lower interest rates – Lending grew 22% ytd by AED 75bn, with strong new origination of AED 95bn – Deposits rose 19% ytd by AED 53bn driven by continued focus on building solid liquidity – Emirates NBD Capital lead debt capital markets executing more than 70 deals in 2026 ytd, raising over USD 60bn across 13 countries Global Markets and Treasury delivered AED 1.9bn of income in 9M-26, reinforcing the strength of our enhanced product suite and capabilities – Net Interest Income remained a key driver, contributing AED 1.3bn – Trading Division delivered exceptional results across all segments, with revenue up 73% yoy, driven by strong Credit, Rates and FX performance – Emirates NBD became an early Market Maker for UAE Ministry of Finance retail bond issuances – New derivative variants enhanced client flexibility for risk management and investment opportunities DenizBank delivered AED 1.8bn profit before tax in 9M-26, as operating profit increases 12% yoy – Strong loan growth of 34% and deposit growth of 27% in local currency in 9M-26 Income, Expense & PBT - AED mn Loans and Deposits - AED bn 11 Operating Segment Metrics 9M-26 9M-25 Income 15,673 14,648 Expense 4,513 4,286 PBT 8,923 9,019 Loans 216 178 Deposits 414 373 Income 7,994 6,912 Expense 754 664 PBT 9,943 9,292 Loans 416 317 Deposits 346 281 Income 1,909 1,870 Expense 202 184 PBT 1,767 1,656 Income 11,724 9,986 Expense 4,757 3,757 PBT 1,795 2,077 Loans 114 91 Deposits 119 107 %∆ YoY DenizBank Global Markets and Treasury Corporate and Institutional Banking Retail Banking and Wealth Management 11% 22% (1)% 5% 7% 7% 10% 2% 23% 31% 7% 14% 16% 11% 25% (14)% 27% 17%
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Appendix 12
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Financial results 9M-26 Income statement 9M-26 9M-25 %∆ YoY Q3-26 %∆ QoQ ( AED bn) Net interest income 29.4 25.8 14% 10.4 9% Non-funded income 12.8 10.9 18% 3.9 (2)% Total income 42.2 36.7 15% 14.3 6% Operating expenses (13.3) (11.2) 19% (4.9) 18% Operating profit before impairment 29.0 25.5 14% 9.4 1% Impairment allowances (2.1) 0.3 n/m (0.7) 15% Profit before tax & others 26.9 25.8 4% 8.8 - Hyperinflation adjustment (2.6) (2.4) 9% (0.7) (7)% Profit before tax 24.3 23.4 4% 8.0 - Tax (5.0) (4.4) 13% (1.6) 1% Profit 19.3 19.0 2% 6.4 - NIM 3.24% 3.43% (19) bps 3.23% 7 bps Cost to income ratio 31.4% 30.5% 0.9% 34.2% 3.5% Risk Credit/(Cost of Risk)* (bps) (37) 9 (46) bps (31) 2 bps 9M-26** Q3-26 0.9 0.8 0.4 0.3 1.2 1.1 (0.6) (0.6) 0.6 0.5 (0.2) (0.1) 0.5 0.4 - - 0.5 0.4 (0.1) (0.1) 0.3 0.3 4.06% 4.26% 50.2% 52.2% (101) (106) Balance sheet Sep-26 Sep-25 %∆ YoY Dec-25 %∆ YTD Total assets 1,379 1,139 21% 1,164 18% Total gross loans 832 628 32% 658 27% Deposits 935 760 23% 786 19% Sep-26 Sep-25 %∆ YoY Dec-25 %∆ YTD 198 177 12% 178 12% 114 91 25% 97 17% 119 107 11% 108 10% Sep-26 88 53 55 9M-26 9M-25 %∆ YoY Q3-26 %∆ QoQ 8.9 6.8 30% 2.9 (1)% 2.9 3.2 (10)% 1.0 23% 11.7 10.0 17% 3.9 4% (4.7) (3.8) 27% (1.7) 14% 7.0 6.2 12% 2.3 (2)% (2.6) (1.8) 45% (0.8) (10)% 4.4 4.5 (1)% 1.4 3% (2.6) (2.4) 9% (0.7) (7)% 1.8 2.1 (13)% 0.7 16% (1.5) (1.2) 24% (0.4) (4)% 0.3 0.9 (64)% 0.3 67% 6.87% 6.03% 84 bps 6.64% (23) bps 40.5% 37.5% 3% 42.5% 3.6% (307) (252) (55) bps (273) 47 bps Group Consolidated Rounding differences may appear throughout the presentation *excluding net impairment on non -financial assets ** Includes June 18th to 30th and Q3-2026 Sep-26 Sep-25 %∆ YoY Dec-25 %∆ YTD 1,093 963 14% 987 11% 666 537 24% 560 19% 760 653 16% 678 12% 9M-26 9M-25 %∆ YoY Q3-26 %∆ QoQ 19.7 19.0 4% 6.7 3% 9.6 7.7 24% 2.6 (15)% 29.3 26.7 10% 9.3 (3)% (7.9) (7.4) 6% (2.7) 1% 21.4 19.3 11% 6.7 (5)% 0.6 2.1 (69)% 0.3 (21)% 22.0 21.3 3% 6.9 (5)% - - - - - 22.0 21.3 3% 6.9 (5)% (3.4) (3.2) 5% (1.1) (3)% 18.6 18.1 3% 5.9 (6)% 2.60% 2.97% (37) bps 2.58% 4 bps 26.9% 27.9% (1.0)% 28.6% 1.1% 11 55 (44) bps 17 - Excluding DenizBank & RBL 13
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US $ convenience translation Income statement 9M-26 9M-25 %∆ YoY Q3-26 %∆ QoQ ( AED bn) Net interest income 8.0 7.0 14% 2.8 9% Non-funded income 3.5 3.0 18% 1.1 (2)% Total income 11.5 10.0 15% 3.9 6% Operating expenses (3.6) (3.0) 19% (1.3) 18% Operating profit before impairment 7.9 6.9 14% 2.6 1% Impairment allowances (0.6) 0.1 (826)% (0.2) 15% Profit before tax & others 7.3 7.0 4% 2.4 - Hyperinflation adjustment (0.7) (0.6) 9% (0.2) (7)% Profit before tax 6.6 6.4 4% 2.2 - Tax (1.4) (1.2) 13% (0.4) 1% Profit 5.3 5.2 2% 1.8 - NIM 3.24% 3.43% (19) bps 3.23% 7 bps Cost to income ratio 31.4% 30.5% 0.90% 34.2% 3.5% Risk Credit/(Cost of Risk)* (bps) (37) 9 (46) bps (31) 2 bps 9M-26** Q3-26 0.2 0.2 0.1 0.1 0.3 0.3 (0.2) (0.2) 0.2 0.1 (0.0) (0.0) 0.1 0.1 - - 0.1 0.1 (0.0) (0.0) 0.1 0.1 4.06% 4.26% 50.2% 52.2% (101) (106) Balance sheet Sep-26 Sep-25 %∆ YoY Dec-25 %∆ YTD Total assets 376 310 21% 317 18% Total gross loans 227 171 33% 179 27% Deposits 254 207 23% 214 19% Sep-26 Sep-25 %∆ YoY Dec-25 %∆ YTD 54 48 12% 48 12% 31 25 25% 26 17% 32 29 11% 29 10% Sep-26 24 14 15 9M-26 9M-25 %∆ YoY Q3-26 %∆ QoQ 2.4 1.9 30% 0.8 (1)% 0.8 0.9 (10)% 0.3 23% 3.2 2.7 17% 1.1 4% (1.3) (1.0) 27% (0.5) 14% 1.9 1.7 12% 0.6 (2)% (0.7) (0.5) 45% (0.2) (10)% 1.2 1.2 (1)% 0.4 3% (0.7) (0.6) 9% (0.2) (7)% 0.1 0.2 (13)% 0.1 16% (0.4) (0.3) 24% (0.1) (4)% 0.1 0.2 (64)% 0.1 67% 6.87% 6.03% 84 bps 6.64% (23) bps 40.5% 37.5% 3% 42.5% 3.6% (307) (252) (55) bps (273) 47 bps Rounding differences may appear throughout the presentation *excluding net impairment on non -financial assets ** Includes June 18th to 30th and Q3-2026 Sep-26 Sep-25 %∆ YoY Dec-25 %∆ YTD 298 262 14% 269 11% 181 146 24% 153 19% 207 178 16% 185 12% 9M-26 9M-25 %∆ YoY Q3-26 %∆ QoQ 5.4 5.2 4% 1.8 3% 2.6 2.1 24% 0.7 (15)% 8.0 7.3 10% 2.5 (3)% (2.1) (2.0) 6% (0.7) 1% 5.8 5.2 11% 1.8 (5)% 0.2 0.6 (69)% 0.1 (21)% 6.0 5.8 3% 1.9 (5)% - - - - - 6.0 5.8 3% 1.9 (5)% (0.9) (0.9) 5% (0.3) (3)% 5.1 4.9 3% 1.6 (6)% 2.60% 2.97% (37) bps 2.58% 4 bps 26.9% 27.9% (1.0)% 28.6% 1.1% 11 55 (44) bps 17 - 14 Group Consolidated Excluding DenizBank & RBL
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53 58 67 73 79 84 93 98 106 110 121 130 137 62% 65% 68% 72% 49% 44% 38% 35% 33% 31% 31% 32% 30% 25% 10% 15% 8% 9% 6% 10% 6% 8% 4% 10% 7% 6% Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Hyperinflation Equity 158% • The positive impact of 30 bps (30 September 2025: 30 bps), arising from the 3.5 billion (30 September 2025: AED 3.3 billion) non-monetary items credit adjustment to equity partially offset by 3 billion (30 September 2025: AED 5.2 billion) indexation impact on risk-weighted assets, has been excluded from the capital adequacy computations. • Group earnings per share, excluding hyperinflation adjustment, is AED 3.39 compared to 9M-26 basic EPS of AED 2.97 • Hyperinflation accounting not mandated by local regulator in 2026 • Turkish CPI increased by 30% over the preceding 12 months and by 158% over the preceding three-years • DenizBank’s results and financial position included within ENBD’s consolidated Financial Statements are adjusted for hyperinflation with effect from 1-Jan-22 Monetary assets Net monetary position Non-monetary liabilities Non-monetary assets Monetary liabilities DenizBank profitability walk (AED bn) 15 Türkiye Consumer Price Index (base year = 2025) YoY% QoQ% 1.7 (1.0) (0.8) (0.2) (1.5) 2.1 1.8 0.3 Profit before tax 9M-25 Income Expenses Provisions Hyperinflation adjustment Profit before tax 9M-26 Tax Profit 9M-26
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Personal 55% Manufacturing 21% FI & mgmt. co. 11% Real estate & Construction 5% Agriculture 4% Services 4% Trade 3% Transport & service 1% Hotels 0.3% RBL Bank Deposit by type • RBL Bank is one of India’s leading listed private sector banks, providing a comprehensive suite of banking products and services across retail and wholesale banking segments • The Bank offers a wide-ranging suite of financial products and services, with a niche in the payments and credit cards segment. In recent years, it has expanded its focus across a wide range of retail asset products and introduced several customer-centric offerings and product propositions • Serves over 15 million customers through a network of 628 branches, 1326 business correspondent branches and 422 ATMs spread across 28 Indian states and union territories • Long-term domestic credit rating of AAA (Stable) and short-term rating of A1+ from CRISIL, ICRA and CARE Ratings • Long term issuer and deposit International credit rating of Baa2 with a stable outlook from Moody’s 16 Balance sheet (AED mn) 31-Dec-25 30-Sep-26* Total assets 64,360 87,728 Total gross loans 42,162 53,564 Deposits 48,952 55,489 CET-1 (IGAAP) 13.0% 29.0% LCR 125% 121% NPL ratio (IGAAP) 1.88% 1.02% 71% 29% Time CASA Loans by sector AED mn 53,564 * Financial numbers post acquisition (18 -Jun-26) include the Group’s fair value adjustments. Balance sheet is per IFRS and ratio s reported as per local reporting regulations ** Metrics converted to AED using spot exchange rate AED/INR - 0.03911 for income statement and 0.0383 for balance sheet position RBL Business Overview IFRS Income statement Jun’26* (18th to 30th) Q3-26* 9M-26* (from 18th June)(AED mn)** Net interest income 74 786 861 Non-funded income 67 289 356 Total income 141 1,075 1,216 Operating expenses (49) (561) (610) Operating profit before impairment 92 514 606 Impairment allowances (24) (130) (154) Profit before tax 68 384 452 Tax (19) (92) (111) Profit 49 292 341 NIM n/m 4.26 4.06 Cost to income ratio n/m 52.2% 50.2% Risk Credit/(Cost of Risk)* (bps) n/m 106 101
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Thank You For additional information: IR@emiratesnbd.com www.emiratesnbd.com/en/investor-relations