Interim report
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Doha Bank (Q.P.S.C .) Interim condensed consolidated Financial i nformation 30 September 2026
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Doha Bank (Q.P.S.C.) Interim condensed consolidated financial information CONTENTS PAGES Independent auditor’s review report 1 Interim condensed consolidated statement of financial position 2 Interim condensed consolidated statement of income 3 Interim condensed consolidated statement of comprehensive income 4 Interim condensed consolidated statement of changes in equity 5 Interim condensed consolidated statement of cash flows 6 Notes to the interim condensed consolidated financial information 7-27
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PricewaterhouseCoopers - Qatar Branch, P.O. Box 6689, Doha, Qatar T: +974 4419 2777, F: +974 4467 7528 Ministry of Commerce and Industry Licence number 6 / Qatar Financial Markets Authority License number 120155 1 www.pwc.com Report on review of the interim condensed consolidated financial information to the board of directors of Doha Bank (Q.P.S.C.) Introduction We have reviewed the accompanying interim condensed consolidated statement of financial position of Doha Bank (Q.P.S.C.) (the “Bank”) and its subsidiaries (together the “Group”) as at 30 September 2026 and the related interim condensed consolidated statements of income and comprehensive income for the three-month and nine-month periods then ended and the interim condensed consolidated statements of changes in equity and cash flows for the nine-month period then ended and explanatory notes. Management is res ponsible for the preparation and presentation of this interim condensed consolidated financial information in accordance with International Accounting Standard 34 'Interim Financial Reporting' (“IAS 34”). Our responsibility is to express a conclusion on th is interim condensed consolidated financial information based on our review. Scope of review We conducted our review in accordance with International Standard on Review Engagements 2410, "Review of interim financial information performed by the independent auditor of the entity". A review of interim financial information consists of making inquiri es, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and conse quently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed consolidated financial information is not prepared, in all material respects, in accordance with IAS 34. For and on behalf of PricewaterhouseCoopers - Qatar Branch Qatar Financial Market Authority registration number 120155 Waleed Tahtamouni Auditor’s registration number 370 Doha, State of Qatar 14 October 2026
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Doha Bank (Q.P.S.C.) Interim condensed consolidated tinancial information in'ooo Qatari Riuals unless otheruise stated)(Au amounts are exPressed I\lll(1r.11il\l)l \:i l)(()\\()i il)\tll)\L\ll'\ll \l()l:ll\\\(l\i l)()\ill()\ tr 11 -1ll 5r:pttrttbtr'11126 \ trttr 30 Septenbcr 2026 (Reviewed) 31 December 2025 30 September 2025 Audited) Reviewed) Assets Cash and balances with central banks Due tiom banks Loans and advances to customers Investment securities Insurance contract assets Other assets Investment in an associate \ 4,563,694 n520"SE9 73,449327 31,426#6 IEA99 3t8s3o4 9855 5.988.804 7,1 1 8,1 00 67.722,141 36.782.324 I 3,633 2.105,601 10,567 4.882.980 tt.544,244 63,242,799 37.102,568 12,358 2.r36.187 10.062 furniture and Total assets t2 t65.194 119 423 t66 29,777,891 53.339,266 8.427.220 9.r53.397 37.134 Liabilities and equitY Liabilities Due to banks Customers deposits Debt securities Other borrowings Insurance contract liabilities Other liabilities 37,Affi,zEg sLL|U.oS I,r6a658 eA6OJE6 446e9 3rM30s 25.045.346 57.740.427 9.s69.591 9.017,303 51.068 3. 140.689 9 r 3.693) 7ts42 t04.564,424 I 03 .648,60 I Total liabilities Equity Share capital Legal reserve Risk reserve Fair value resen'e Foreign culrency translation resen'e 3,100,467 s,112,077 1,628,600 (337,805) (l00,ort 1.697.49 3.r00.467 5 .t 12.071 1.628,600 310.393 (92,54 i ) 1.181.771 3, I 00.467 5,1 i0,152 i.45 l,600 34 I.860 (e0,8e7) 1.793.383 Retained earnrnqs Total equity attributable to shareholders of the Bank tional Tier I capital 11,100,77E 4.000,000 I 1.600.770 4.000,000 r r.706.56s 4.000.000 Instruments elieible as addr 1s.100.28 r 5.600.770 15.706,565 Total eouitv t2527:2.720 1 20.1 65.1 94 I19,3 55.166Total tiabilities and equitv The interim condensed consolidated financial information was approved by the Board of Directors on l4 October 1026 and was signed on in behalf bY: )Iohamed bin Fahad bin \Iohamed Al-Thani Chairman Abdulrahman bin Fahad bin Faisal Al Thani Group Chief Executive Officer Independent auditor's revier'v report is set otlt on page l ' The attached notes I to 23 form part of this interim condensed consolidated financial infbrmation 2
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Doha Bank (Q.P.S.C.) Interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 3 INTERIM CONDENSED CONSOLIDATED STATEMENT OF INCOME For the three and nine-month periods ended For the three-month period ended 30 September For the nine-month period ended 30 September 2026 2025 2026 2025 Notes (Reviewed) (Reviewed) (Reviewed) (Reviewed) Interest income 1,496,088 1,565,614 4,440,977 4,633,368 Interest expense (994,930) (1,040,700) (2,952,747) (3,119,311) Net interest income 501,158 524,914 1,488,230 1,514,057 Fee and commission income 176,884 181,141 522,081 542,614 Fee and commission expense (69,052) (79,797) (208,828) (239,038) Net fee and commission income 107,832 101,344 313,253 303,576 Insurance revenue 29,343 27,805 84,982 81,147 Insurance service expense (16,810) (19,237) (60,772) (54,502) Net expense from reinsurance contracts held (8,341) (8,155) (16,094) (22,450) Insurance service results 4,192 413 8,116 4,195 Net foreign exchange gain 31,185 30,390 113,654 92,597 Net income from investment securities 41,077 20,335 134,046 51,334 Other operating income 7,117 6,937 23,863 20,905 79,379 57,662 271,563 164,836 Net operating income 692,561 684,333 2,081,162 1,986,664 Staff costs (155,619) (146,760) (476,459) (439,195) Depreciation (18,218) (14,434) (53,365) (48,943) Net impairment reversal/(loss) on investment securities 1 143 222 (20) Net impairment loss on loans and advances to customers (111,046) (130,261) (536,805) (556,907) Net impairment (loss)/ reversal on other financial facilities (18,892) (995) 52,553 103,575 Other expenses (111,206) (107,757) (299,082) (288,272) Total expenses and impairment (414,980) (400,064) (1,312,936) (1,229,762) Profit before tax 277,581 284,269 768,226 756,902 Income tax expense 17 (32,802) (6,321) (87,476) (11,610) Profit for the period 244,779 277,948 680,750 745,292 Earnings per share Basic and diluted earnings per share (QR per share) 18 0.08 0.09 0.22 0.24 Independent auditor’s review report is set out on page 1. The attached notes 1 to 23 form part of this interim condensed consolidated financial information.
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Doha Bank (Q.P.S.C.) Interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 4 INTERIM CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the three and nine-month periods ended For the three-month period ended 30 September For the nine-month period ended 30 September 2026 2025 2026 2025 (Reviewed) (Reviewed) (Reviewed) (Reviewed) Profit for the period 244,779 277,948 680,750 745,292 Other comprehensive (loss)/income Items that are or may be subsequently reclassified to interim condensed consolidated statement of income: Foreign currency translation differences for foreign operations (1,496) (4,602) (7,474) (4,601) Movement in fair value reserve (debt instruments): Net change in fair value of debt instruments designated at FVOCI (1,378,917) 603,249 (1,946,027) 1,127,398 Net amount transferred to interim condensed consolidated statement of income 1,005,566 (59,812) 1,280,128 (722,715) (374,847) 538,835 (673,373) 400,082 Items that will not be reclassified subsequently to interim condensed consolidated statement of income Net change in fair value of equity investments designated at FVOCI (36,234) 10,867 (42,299) 53,024 Total other comprehensive (loss)/income (411,081) 549,702 (715,672) 453,106 Total comprehensive (loss)/income (166,302) 827,650 (34,922) 1,198,398 Independent auditor’s review report is set out on page 1. The attached notes 1 to 23 form part of this interim condensed consolidated financial information.
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Doha Bank (Q.P.S.C.) Interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 5 INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY For the nine-month period ended Total equity attributable to shareholders of the Bank Share capital Legal reserve Risk reserve Fair value reserve Foreign currency translation reserve Retained earnings Total Instrument eligible as additional Tier 1 capital Total equity Balance at 1 January 2026 (Audited) 3,100,467 5,112,077 1,628,600 370,393 (92,541) 1,481,774 11,600,77 0 4,000,000 15,600,770 Total comprehensive income/(loss) Profit for the period - - - - - 680,750 680,750 - 680,750 Other comprehensive loss - - - (708,198) (7,474) - (715,672) - (715,672) Total comprehensive (loss)/income - - - (708,198) (7,474) 680,750 (34,922) - (34,922) Transactions with shareholders: Dividends for the year 2025 (Note 16) - - - - - (465,070) (465,070) - (465,070) Balance at 30 September 2026 (Reviewed) 3,100,467 5,112,077 1,628,600 (337,805) (100,015) 1,697,454 11,100,778 4,000,000 15,100,778 Balance at 1 January 2025 3,100,467 5,110,152 1,451,600 (115,847) (86,296) 1,358,138 10,818,214 4,000,000 14,818,214 Total comprehensive income/(loss): Profit for the period - - - - - 745,292 745,292 - 745,292 Other comprehensive income/(loss) - - - 457,707 (4,601) - 453,106 - 453,106 Total comprehensive income/(loss) - - - 457,707 (4,601) 745,292 1,198,398 - 1,198,398 Transactions with shareholders: Dividends for the year 2024 (Note 16) - - - - - (310,047) (310,047) - (310,047) Balance at 30 September 2025 (Reviewed) 3,100,467 5,110,152 1,451,600 341,860 (90,897) 1,793,383 11,706,565 4,000,000 15,706,565 Independent auditor’s review report is set out on page 1. The attached notes 1 to 23 form part of this interim condensed consolidated financial information.
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Doha Bank (Q.P.S.C.) Interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 6 INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS For the nine-month period ended For the nine-month period ended 30 September 2026 2025 Notes (Reviewed) (Reviewed) Cash flows from operating activities Profit before tax 768,226 756,902 Adjustments for: Net impairment loss on loans and advances to customers 536,805 556,907 Net impairment (reversal)/loss on investment securities (222) 20 Net impairment reversal on other financial facilities (52,553) (103,575) Depreciation 53,365 48,943 Amortisation of financing cost 21,661 16,883 Dividend income (42,283) (39,891) Net income from investment securities (91,763) (11,443) Gain on sale of property, furniture and equipment 4,431 2,342 Cash flows before changes in operating assets and liabilities 1,197,667 1,227,088 Change in due from banks and balances with central banks 535,232 158,459 Change in loans and advances to customers (6,430,198) (2,718,661) Change in other assets (1,784,569) (360,581) Change in due to banks 12,018,943 (873,036) Change in customers deposits (5,503,222) 2,487,490 Change in other liabilities 194,244 271,065 Social and sports fund contribution (22,991) (21,286) Income tax paid (7,067) (5,316) Net cash flows generated from operating activities 198,039 165,222 Cash flows from investing activities Acquisition of investment securities (263,688) (5,662,118) Proceeds from sale of investment securities 5,003,845 3,233,649 Acquisition of property, furniture and equipment (30,991) (5,120) Dividend received 42,283 39,891 Proceeds from sale of property, furniture and equipment 4,593 76,820 Net cash flows generated from / (used in) investing activities 4,756,042 (2,316,878) Cash flows from financing activities Repayment of other borrowings (313,949) (488,783) Proceed from other borrowings 757,432 2,245,520 Repayment of debt securities (1,953,664) (64,797) Proceeds from debt securities 546,731 4,642,913 Payment of lease liabilities (12,950) (18,057) Dividends paid (465,070) (310,047) Net cash flows (used in) / generated from financing activities (1,441,470) 6,006,749 Net change in cash and cash equivalents 3,512,611 3,855,093 Cash and cash equivalents at the beginning of the period 4,142,530 3,900,032 Cash and cash equivalents at the end of the period 20 7,655,141 7,755,125 Operational cash flows from interest: Interest received 4,383,581 4,505,143 Interest paid 3,208,398 3,138,719 Dividends received 42,283 39,891 Non-cash item disclosure: Total addition of right of use assets and corresponding addition to lease liabilities amounted to QR 7.9 million as at 30 September 2026 (30 September 2025: QR 1.7 million). Independent auditor’s review report is set out on page 1. The attached notes 1 to 23 form part of this interim condensed consolidated financial information.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 7 1. REPORTING ENTITY Doha Bank (Q.P.S.C.) (“Doha Bank” or the “Bank”) is an entity domiciled in the State of Qatar and was incorporated on 15 March 1979 as a Joint Stock Company under Emiri Decree No. 51 of 1978. The commercial registration of the Bank is 7115. The address of the Bank’s registere d office is Doha Bank Tower, Corniche Street, West Bay, P.O. Box 3818, Doha Qatar. Doha Bank is engaged in conventional banking activities and operates through its head office in Qatar (Doha) and has 13 local branches, while operating 2 corporate branches, 1 in head office and 1 in MOCI Lusail. Internationally, the Bank has four overseas branches, 1 each in the United Arab Emirates and State of Kuwait, and 2 branches in the Republic of India, with representative offices in Bangladesh, China, Japan, Singapore, South Africa, Turkey, and United Kingdom. The interim condensed consolidated financial information for the period ended 30 September 2026 comprise the Bank and its subsidiaries (together referred to as "the Group"). The principal subsidiaries of the Group are as follows: Percentage of ownership Company’s name Country of incorporation Company’s capital Company’s Activities 30 September 2026 30 September 2025 Sharq Insurance L.L.C. Qatar 100,000 General Insurance 100% 100% Doha Finance Limited Cayman Island 182 Debt Issuance 100% 100% DB Securities Limited Cayman Island 182 Derivatives Transactions 100% 100% The interim condensed consolidated financial information of the Group for the period ended 30 September 2026 were authorised for issuance in accordance with a resolution of the Board of Directors on 14 October 2026. 2. BASIS OF PREPARATION (a) Statement of compliance The interim condensed consolidated financial information has been prepared in accordance with IAS 34, Interim Financial Reporting as issued by the International Accounting Standard Board (“IASB”). The interim condensed consolidated financial information does not contain all information and disclosures required in the consolidated financial statements and should be read in conjunction with the Group's consolidated financial statements as at 31 December 2025. The accounting policies adopted in the preparation of the interim condensed consolidated financial information is consistent with those followed in the preparation of the Group’s consolidated financial statements for the year ended 31 December 2025 except for the adoption of new and amended standards as set out in note 3. The results for the nine-month period ended 30 September 2026 are not necessarily indicative of the results that may be expected for the financial year ending 31 December 2026. The Group presents its interim condensed consolidated financial information broadly in the order of liquidity. (b) Estimates and judgements The preparation of the interim condensed consolidated financial information in conformity with I AS 34 requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses , and the accompanying disclosures, and the disclosure of contingent liabilities. Actual results may differ from these estimates. In preparing the interim condensed consolidated financial information, significant judgements made by management in applying the Group’s accounting policies , key sources of estimation uncertainty , and underlying estimates were the same as those that were applied to the consolidated financial statements as at and for the year ended 31 December 2025 except as disclosed in the note 23 of the interim condensed consolidated financial information. Estimates and underlying assumptions are reviewed on an ongoing basis.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 8 2. BASIS OF PREPARATION (CONTINUED) (b) Estimates and judgements (continued) Revisions to accounting estimates are recognised in the period in which the estimate is revised and in any future periods affected. (c) Basis of measurement The interim condensed consolidated financial information has been prepared on the historical cost basis except for the following financial assets that have been measured at fair value: - Investment securities designated at fair value through profit or loss (“FVTPL”). - Derivative financial instruments measured at FVTPL; - Other financial assets designated at FVTPL; - Investment securities measured at fair value through other comprehensive income (“FVOCI”); and - Recognised financial assets and financial liabilities designated as hedged items in qualifying fair value hedge relashionships to the extent of risks being hedged. (d) Functional and presentation currency The interim condensed consolidated financial information is presented in Qatari Riyals (“QR”), which is the Group’s presentation currency, unless otherwise indicated. Financial information presented in QR has been rounded to the nearest thousand. Items included in the interim condensed consolidated financial information of each of the subsidiaries are measured using the currency of the primary economic environment in which the subsidiary operates. (e) Financial risk management The Group’s financial risk management objectives and policies are consistent with those disclosed in the consolidated financial statements as at and for the year ended 31 December 2025. 3. MATERIAL ACCOUNTING POLICY INFORMATION The accounting policies and methods of computation adopted in the preparation of the interim condensed consolidated financial information is the same as those followed in the preparation of the Group’s consolidated financial statements as at and for the year ended 31 December 2025, except as noted below: (a) New standards, amendments and interpretations effective from 1 January 2026 During the period, the below IFRS Accounting Standards and amendments to IFRS Accounting Standards have been applied by the Group in preparation of this interim condensed consolidated financial information. The adoption of the below IFRS Accounting Standards and amendments to IFRS Accounting Standards did not have any impact on the amounts recognized in prior and current periods and are not expected to significantly affect the future reporting periods. - Amendment to the classification and measurement of financial instruments – Amendment to IFRS 9 and IFRS 7 (effective 1 January 2026) - Annual Improvements to IFRS Accounting Standards – Volume 11 (effective 1 January 2026) - Contracts Referencing Nature-dependent Electricity - Amendments to IFRS 9 and IFRS 7 (effective 1 January 2026) (b) New standards, amendments and interpretations issued but not effective from 1 January 2026 A number of standards and amendments to standards are issued but not yet effective and the Group has not adopted these in the preparation of the interim condensed consolidated financial information. The standards may have an impact on the Group's interim condensed consolidated financial information, however, the Group is currently evaluating the impact of these new st andards. The Group will adopt these new standards on the respective effective dates.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 9 4. FINANCIAL RISK MANAGEMENT Exposure and related expected credit losses (“ECL”) movements 30 September 2026 (Reviewed) Stage 1 Stage 2 Stage 3 Total Gross exposures subject to ECL – as at 30 September Loans and advances to customers 57,123,986 17,433,841 5,075,377 79,633,204 Investment securities (debt) 30,765,889 - 27,414 30,793,303 Loan commitments and financial guarantees 12,866,327 1,460,061 545,470 14,871,858 Due from banks and balances with central banks 15,642,347 2,976 19,838 15,665,161 116,398,549 18,896,878 5,668,099 140,963,526 Opening balance of ECL / impairment - as at 1 January Loans and advances to customers 366,470 1,536,498 3,697,995 5,600,963 Investment securities (debt) 4,718 - 27,414 32,132 Loan commitments and financial guarantees 5,647 1,799 438,159 445,605 Due from banks and balances with central banks 11,211 - 19,438 30,649 388,046 1,538,297 4,183,006 6,109,349 Net charge and transfers for the year (net of foreign currency translation) Loans and advances to customers* 69,795 251,996 565,977 887,768 Investment securities (debt)*** (224) - (62) (286) Loan commitments and financial guarantees (3,430) 1,445 (50,878) (52,863) Due from banks and balances with central banks (1,548) 1,910 - 362 64,593 255,351 515,037 834,981 Write offs and other Loans and advances to customers - - (303,854) (303,854) Investment securities (debt) - - - - Loan commitments and financial guarantees - - - - Due from banks and balances with central banks - - - - - - (303,854) (303,854) Closing balance of ECL / impairment - as at 30 September Loans and advances to customers** 436,265 1,788,494 3,960,118 6,184,877 Investment securities (debt) 4,494 - 27,352 31,846 Loan commitments and financial guarantees 2,217 3,244 387,281 392,742 Due from banks and balances with central banks 9,663 1,910 19,438 31,011 452,639 1,793,648 4,394,189 6,640,476 * Stage 3 provision balance includes net interest suspended on loans and advances to customers amounting to QR 276 million. ** Stage 3 provision includes a net transfer of provision from loan and commitment and financial guarantee to loans and advances amounting to QR Nil. *** This balance includes expected credit loss on investment in debt securities accounted at FVOCI and amortised cost
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 10 4. FINANCIAL RISK MANAGEMENT (CONTINUED) 31 December 2025 (Audited) Stage 1 Stage 2 Stage 3 Total Gross exposures subject to ECL – as at 31 December Loans and advances to customers 49,591,137 18,894,021 4,837,946 73,323,104 Investment securities (debt) 35,845,833 - 27,414 35,873,247 Loan commitments and financial guarantees 15,524,535 1,490,664 570,961 17,586,160 Due from banks and balances with central banks 12,647,424 1,233 19,873 12,668,530 113,608,929 20,385,918 5,456,194 139,451,041 Opening balance of ECL / impairment - as at 1 January Loans and advances to customers 242,417 1,337,688 3,679,020 5,259,125 Investment securities (debt) 4,965 - 27,398 32,363 Loan commitments and financial guarantees 4,082 70,676 504,298 579,056 Due from banks and balances with central banks 7,627 - 19,438 27,065 259,091 1,408,364 4,230,154 5,897,609 Net charge and transfers for the year (net of foreign currency translation) Loans and advances to customers* 124,053 198,810 900,758 1,223,621 Investment securities (debt)*** (247) - 16 (231) Loan commitments and financial guarantees 1,565 (68,877) (39,233) (106,545) Due from banks and balances with central banks 3,584 - - 3,584 128,955 129,933 861,541 1,120,429 Write offs and other Loans and advances to customers - - (881,783) (881,783) Investment securities (debt) - - - - Loan commitments and financial guarantees - - (26,906) (26,906) Due from banks and balances with central banks - - - - - - (908,689) (908,689) Closing balance of ECL / impairment - as at 31 December Loans and advances to customers** 366,470 1,536,498 3,697,995 5,600,963 Investment securities (debt) 4,718 - 27,414 32,132 Loan commitments and financial guarantees 5,647 1,799 438,159 445,605 Due from banks and balances with central banks 11,211 - 19,438 30,649 388,046 1,538,297 4,183,006 6,109,349 * Stage 3 provision balance includes net interest suspended on loans and advances to customers amounting to QR 379 million. ** Stage 3 provision includes a net transfer of provision from loan and commitment and financial guarantee to loans and advances amounting to QR Nil. *** This balance includes expected credit loss on investment in debt securities accounted at FVOCI and amortised cost.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 11 4. FINANCIAL RISK MANAGEMENT (CONTINUED) 30 September 2025 (Reviewed) Stage 1 Stage 2 Stage 3 Total Gross exposures subject to ECL – as at 30 September Loans and advances to customers 45,140,429 19,129,147 4,654,188 68,923,764 Investment securities (debt) 36,109,301 - 27,370 36,136,671 Loan commitments and financial guarantees 16,436,165 1,446,652 608,327 18,491,144 Due from banks and balances with central banks 15,991,491 860 19,568 16,011,919 113,677,386 20,576,659 5,309,453 139,563,498 Opening balance of ECL / impairment - as at 1 January Loans and advances to customers 242,417 1,337,688 3,679,020 5,259,125 Investment securities (debt) 4,965 - 27,398 32,363 Loan commitments and financial guarantees 4,082 70,676 504,298 579,056 Due from banks and balances with central banks 7,627 - 19,438 27,065 259,091 1,408,364 4,230,154 5,897,609 Net charge and transfers for the year (net of foreign currency translation) Loans and advances to customers* 137,841 315,066 494,299 947,206 Investment securities (debt)*** 20 - 200 220 Loan commitments and financial guarantees 1,588 (68,382) (40,889) (107,683) Due from banks and balances with central banks 3,266 - - 3,266 142,715 246,684 453,610 843,009 Write offs and other Loans and advances to customers - - (525,366) (525,366) Investment securities (debt) - - - - Loan commitments and financial guarantees - - (538) (538) Due from banks and balances with central banks - - - - - - (525,904) (525,904) Closing balance of ECL / impairment - as at 30 September Loans and advances to customers** 380,258 1,652,754 3,647,953 5,680,965 Investment securities (debt) 4,985 - 27,598 32,583 Loan commitments and financial guarantees 5,670 2,294 462,871 470,835 Due from banks and balances with central banks 10,893 - 19,438 30,331 401,806 1,655,048 4,157,860 6,214,714 * Stage 3 provision balance includes net interest suspended on loans and advances to customers amounting to QR 289 million. ** Stage 3 provision includes a net transfer of provision from loan and commitment to loans and advances and financial guarantee amounting to QR 64 million. *** This balance includes expected credit loss on investment in debt securities accounted at FVOCI and amortised cost.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 12 5. OPERATING SEGMENTS (a) By operating segment The Group organizes and manages its operations by two business segments, which comprise conventional banking and insurance activities. Conventional Banking • Corporate Banking provides a range of product and service offerings to business es and corporate customers including funded and non-funded credit facilities and deposits to corporate customers and financial institutions. It also includes bank’s investment and treasury management activities and use of derivatives for risk management purposes. • • Retail Banking provides a diversified range of products and services to individuals. The range includes loans, credit cards, deposits and other transactions with retail customers. • • Group central function , includes funding and centralized risk management activities through borrowings, issue of debt securities, use of derivatives for risk management purposes and investing in liquid such as government and corporate debt securities, and short-term placements. Insurance Activities Insurance activities to customers include effecting contracts of insurance, carrying out contracts of insurance. Information regarding the results, assets and liabilities of each reportable segment is included below. Performance is measured based on segment contribution, assets and liabilities, as included in the internal management reports that are reviewed by the management. Segment contribution is used to measure performance as management believes that such information is the most relevant in evaluating the results of certain segments.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 13 5. OPERATING SEGMENTS (CONTINUED) (a) By operating segment (continued) Details of each segment as of and for the nine-month period ended 30 September 2026 and 30 September 2025 are stated below: For the nine-month period ended 30 September 2026 (Reviewed) Conventional banking Corporate banking Retail banking Group central function Banking total Insurance Total Net interest income 770,839 263,261 454,130 1,488,230 - 1,488,230 Net income on insurance activities - - - - 8,116 8,116 Net other operating income 337,943 196,072 43,735 577,750 7,066 584,816 Segmental net revenue 1,108,782 459,333 497,865 2,065,980 15,182 2,081,162 Total expenses (387,293) (361,522) (161,024) (909,839) (6,543) (916,382) Net impairment loss on loans and advances to customers (536,763) (42) - (536,805) - (536,805) Net impairment reversal on investment securities - - 222 222 222 Net impairment reversal on other financial facilities 52,553 - - 52,553 - 52,553 Total expenses (871,503) (361,564) (160,802) (1,393,869) (6,543) (1,400,412) Net profit 237,279 97,769 337,063 672,111 8,639 680,750 For the nine-month period ended 30 September 2025 (reviewed) Conventional banking Corporate Banking Retail Banking Group Central Function Banking Total Insurance Total Net interest income 723,763 317,278 473,016 1,514,057 - 1,514,057 Net income on insurance activities - - - - 4,195 4,195 Net other operating income 255,457 155,506 50,056 461,019 7,393 468,412 Segmental net revenue 979,220 472,784 523,072 1,975,076 11,588 1,986,664 Total expenses (346,806) (350,232) (86,803) (783,841) (4,179) (788,020) Net impairment loss on loans and advances to customers (562,811) 5,904 - (556,907) - (556,907) Net impairment loss on investment securities - - (20) (20) - (20) Net impairment reversal on other financial facilities 103,575 - - 103,575 - 103,575 Total expenses (806,042) (344,328) (86,823) (1,237,193) (4,179) (1,241,372) Net profit 173,178 128,456 436,249 737,883 7,409 745,292
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 14 5. OPERATING SEGMENTS (CONTINUED) (a) By operating segment (continued) As at 30 September 2026 (Reviewed) Conventional banking Corporate Banking Retail Banking Group Central Function Banking Total Insurance Total Other information Assets Loans and advances to customers 68,528,207 4,920,120 - 73,448,327 - 73,448,327 Investment in an associate - - 9,855 9,855 - 9,855 Assets (other than above) 19,347,614 32,199,124 51,546,738 267,800 51,814,538 Total assets 87,875,821 4,920,120 32,208,979 125,004,920 267,800 125,272,720 Liabilities Customer deposits 29,503,657 13,008,501 9,725,047 52,237,205 - 52,237,205 Liabilities (other than above) 14,658,816 - 43,218,222 57,877,038 57,699 57,934,737 Total liabilities 44,162,473 13,008,501 52,943,269 110,114,243 57,699 110,171,942 Contingent liabilities 14,474,487 397,371 38,335,242 53,207,100 - 53,207,100 As at 31 December 2025 (Audited) Conventional banking Corporate banking Retail banking Group central function Banking total Insurance Total Other information Assets Loans and advances to customers 63,028,019 4,694,122 - 67,722,141 - 67,722,141 Investment in an associate - - 10,567 10,567 - 10,567 Assets (other than above) 21,424,553 - 30,734,217 52,158,770 273,716 52,432,486 Total assets 84,452,572 4,694,122 30,744,784 119,891,478 273,716 120,165,194 Liabilities Customer deposits 33,446,126 13,012,825 11,281,476 57,740,427 - 57,740,427 Liabilities (other than above) 9,525,410 - 37,229,579 46,754,989 69,008 46,823,997 Total liabilities 42,971,536 13,012,825 48,511,055 104,495,416 69,008 104,564,424 Contingent liabilities 32,225,113 285,664 21,409,843 53,920,620 - 53,920,620
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 15 5. OPERATING SEGMENTS (CONTINUED) (a) By operating segment (continued) For the nine-month period ended 30 September 2025 (reviewed) Intra-Group transactions are eliminated from this segmental information amounted to as at 30 September 2026: Assets: QR 150 million and Liabilities: QR 50 million (31 December 2025: Assets: QR 164 million and Liabilities: QR 64 million, 30 September 2025: Assets: QR 151.1 million and Liabilities: QR 51.1 million). (b) Geographical areas The following table shows the geographic distribution of the Group's operating income based on the geographical location of where the business is booked by the Group. Qatar Other GCC India Total 30 September 2026 (Reviewed) Net operating income 2,010,220 56,115 14,827 2,081,162 Net profit /(loss) 696,932 (18,261) 2,079 680,750 Total assets 118,762,94 4 5,954,004 555,772 125,272,72 0 Total liabilities 104,733,83 3 5,036,110 401,999 110,171,942 Qatar Other GCC India Total 31 December 2025 (Audited) Net operating income 2,478,674 123,816 20,939 2,623,429 Net profit 751,654 70,076 3,869 825,599 Total assets 113,787,400 5,666,748 711,046 120,165,194 Total liabilities 99,292,583 4,718,114 553,727 104,564,42 4 Qatar Other GCC India Total 30 September 2025 (Reviewed) Net operating income 1,872,881 98,119 15,664 1,986,664 Net profit 686,975 55,826 2,491 745,292 Total assets 113,755,368 4,947,868 651,930 119,355,166 Total liabilities 99,143,870 4,010,513 494,218 103,648,60 1 6. FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value hierarchy All financial instruments for which fair value is recognised or disclosed are categorised within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: Level 1 - Quoted market price (unadjusted) in an active market for an identical instrument. Level 2 - Valuation techniques based on observable inputs, either directly (i.e. as prices) or indirectly (i.e. derived from prices). This category includes instruments valued using quoted market prices in active markets for similar instruments; quoted prices for identical or similar instruments in markets that are considered less than active; or other valuation techniques where all significant inputs are directly or indirectly obser vable from market data.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 16 6. FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED) Fair value hierarchy (continued) Level 3 - Valuation techniques using significant unobservable inputs. This category includes all instruments where the valuation technique includes inputs not based on observable data and the unobservable inputs have a significant effect on the instrument’s valuation. This category includes instruments that are valued based on quoted prices for similar instruments where significant unobservable adjustments or assumptions are required to reflect differences between the instruments. For financial instruments that are recognised at fair value on a recurring basis, the Group determines whether transfers have occurred between Levels in the hierarchy by re -assessing categorisation (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period. Valuation techniques Fair values of financial assets and financial liabilities that are traded in active markets are based on quoted market prices or dealer price quotations. For all other financial instruments the Group determines fair values using valuation techniques. Valuation techniques include net present value and discounted cash flow models, comparison to similar instruments for which market observable prices exist. Assumptions and inputs used in valuation techniques include risk -free and benchmark interest rates, credit spreads and other premium used in estimating discount rates, bond and equity prices, foreign currency exchange rates, equity and equity index prices and expected price volatilities and correlations. The objective of valuation techniques is to arrive at a fair value determination that reflects the price of the financial instrument at the reporting date that would have been determined by market participants acting at arm's length. The objective of valuation techniques is to arrive at a fair value measurement that reflects the price that would be received to sell the asset or paid to transfer the liability in an orderly transaction between market participants at the measurement date. The Group uses widely recognized valuation models to determine the fair value of common and simple financial instruments, such as interest rate and currency swaps, that uses only observable market data and require little management judgment and estimation. Observable prices or model inputs are usually available in the market for listed debt and equity securities, exchange-traded derivatives and simple OTC derivatives such as interest rate swaps. The availability of observable market prices and model inputs reduces the need for management judgment and estimation and also reduces the uncertainty associated with determining fair values. The availability of observable market prices and inputs varies depending on the products and markets and is prone to changes based on specific events and general conditions in the financial markets. The fair value for financial instruments that are not actively traded is determined using valuation techniques which maximise the use of observable market prices. Valuation techniques include: - The use of maket standard discounting methodologies; and - Other valuation techniques widely used and accepted by market participants.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 17 6. FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED) Valuation techniques (continued) Instruments Balance sheet category Includes Valuation Non asset backed debt securities Investment securities State and other government bonds and corporate bonds Valued using observable market prices, which are source from independent pricing services, broker quotes or inter-dealer prices. Equity product Investment securities Equity securities Valued using industry standard models based on observable parameters such as stock prices, dividends, volatilities and interest rates. Interest rate products Derivatives Interest rate derivates Industry standard valuation models provided by independent pricing services are used to calculate the expected future value of payments by products, which is discounted back to present value. The model’s interest rate inputs are benchmarked against an active quoted interest rates in the swap, bond, future markets. Interest rate volatilities are sourced from brokers and consensus data providers. Forward foreign exchange (FX products) Derivatives FX swap, FX forward contracts, FX options Derived from market inputs pricing providers using industry standards models. The Group values investment in equity classified as level 3 using similar market valuation approach and comparable financial information. The foreign currency forward contracts are measured based on observable spot exchange rates, the yield curves of the respective currencies as well as the currency basis spreads between the respective currencies. All contracts are fully cash collateralised, thereby eliminating both counterparty and the Group’s own credit risk. Financial investments classification The Group held the following classes of financial instruments measured at fair value: Level 1 Level 2 Level 3 Total At 30 September 2026 (Reviewed) Financial assets measured at fair value: Investment securities measured at FVOCI Equities 515,056 - 51,731 566,787 State of Qatar debt securities 15,442,223 902,427 - 16,344,650 Other debt securities 11,284,806 - - 11,284,806 Investment securities measured at FVTPL Mutual funds and equities 78,704 15,938 - 94,642 Derivative instruments: Interest rate swaps - 2,161,355 - 2,161,355 Forward foreign exchange contracts - 8,091 - 8,091 27,320,789 3,087,811 51,731 30,460,331 Financial liabilities measured at fair value: Derivative instruments: Interest rate swaps - 149,468 - 149,468 Forward foreign exchange contracts - 72,272 - 72,272 - 221,740 - 221,740
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 18 6. FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED) Financial investments classification (continued) Level 1 Level 2 Level 3 Total At 31 December 2025 (Audited) Financial assets measured at fair value: Investment securities measured at FVOCI Equities 783,971 - 65,125 849,096 State of Qatar debt securities 16,637,393 1,655,339 - 18,292,732 Other debt securities 12,742,452 - - 12,742,452 Investment securities measured at FVTPL Mutual funds and equities 25,558 62,652 - 88,210 Derivative instruments: Interest rate swaps - 1,022,377 - 1,022,377 Forward foreign exchange contracts - 41,152 - 41,152 30,189,374 2,781,520 65,125 33,036,019 Financial liabilities measured at fair value: Derivative instruments: Interest rate swaps - 384,098 - 384,098 Options - 47 - 47 Forward foreign exchange contracts - 11,395 - 11,395 - 395,540 - 395,540 Level 1 Level 2 Level 3 Total At 30 September 2025 (Reviewed) Financial assets measured at fair value: Investment securities measured at FVOCI Equities 779,884 - 81,886 861,770 State of Qatar debt securities 16,573,617 1,675,000 - 18,248,617 Other debt securities 12,921,560 - - 12,921,560 Investment securities measured at FVTPL Mutual funds and equities 106,836 - - 106,836 Other debt securities 25,514 - - 25,514 Derivative instruments: Interest rate swaps - 921,217 - 921,217 Forward foreign exchange contracts - 33,934 - 33,934 30,407,411 2,630,151 81,886 33,119,448 Financial liabilities measured at fair value: Derivative instruments: Interest rate swaps - 460,395 - 460,395 Forward foreign exchange contracts - 16,179 - 16,179 - 476,574 - 476,574 There have been no transfers between level 1 and level 2 during the periods ended 30 September 2026 and 2025 and the year ended 31 December 2025. Under level 3, the Group has designated FVOCI investments in a small portfolio of unlisted equity securities of non banking financial institutions. The Group chose this presentation alternative because the investments were made for strategic purposes rather than with a view to profit on a subsequent sale, and there are no plans to dispose of these investments in the short or medium term.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 19 6. FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED) Financial investments classification (continued) The Management assumes that the fair value of financial assets and liabilities carried at amortised cost approximate their carrying value, hence, not included in the fair value hierarchy table, except for investment securities carried at amortised cost, for which the fair value amounts to QR 2,754 million (31 December 2025: QR 4,506 million; 30 September 2025: QR 4,596 million), which is derived using Level 1 and 2 inputs within the fair value hierarchies. 7. DUE FROM BANKS 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Current accounts 415,123 549,434 248,800 Placements 5,617,772 937,687 5,842,868 Loans to banks 5,517,135 5,660,416 5,474,276 Interest receivable 1,570 1,212 8,631 Impairment allowance for ECL (31,011) (30,649) (30,331) 11,520,589 7,118,100 11,544,244 8. LOANS AND ADVANCES TO CUSTOMERS 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Loans 71,645,019 66,835,899 64,377,766 Overdrafts 7,703,923 6,071,845 4,069,545 Acceptances 124,801 292,008 311,828 Bills discounted 7,443 6,775 4,031 Other 154,967 118,430 162,496 79,636,153 73,324,957 68,925,666 Less: Deferred profit (2,949) (1,853) (1,902) Expected credit losses on loans and advances to customers – Performing (stage 1 & 2) (2,224,759) (1,902,968) (2,033,012) Allowance for impairment of loans and advances to customers – Non performing (stage 3) (2,639,582) (2,627,885) (2,570,454) Interest in suspense (1,320,536) (1,070,110) (1,077,499) Net loans and advances to customers 73,448,327 67,722,141 63,242,799 The aggregate amount of non-performing loans and advances to customers at 30 September 2026 amounted to QR 5,075 million which represents 6.37% of total loans and advances to customers (31 December 2025 QR 4,837 million, which represents 6.60% of total loans and advances to customers; 30 September 2025: QR 4,654 million which represents 6.75% of total loans and advances to customers). During the period, the Group has written off fully provided non -performing loans amounting to QR 92.8 million (31 December 2025: QR 882.1 million; 30 September 2025: QR 529.6 million). The net impairment loss on loans and advances to customers in the statement of income includes QR 74.2 million recovery from the loans & advances previously written off for the period ended 30 September 2026 (31 December 2025: QR 114 million; 30 September 2025: QR 101.5 million).
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 20 9. INVESTMENT SECURITIES 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Investment securities measured at FVOCI 28,196,243 31,884,280 32,031,947 Investment securities measured at FVTPL 94,642 88,210 132,350 Investment securities measured at amortised cost 2,808,575 4,503,198 4,595,977 Interest receivable 355,272 334,865 370,517 31,454,732 36,810,553 37,130,791 Net impairment losses (ECL) on investment securities at amortized cost (28,066) (28,229) (28,223) 31,426,666 36,782,324 37,102,568 The ECL on debt securities at FVOCI as at 30 September 2026 amounted to QR 3.8 million (31 December 2025: QR 3.9 million; 30 September 2025: QR 4.4 million) The Group has pledged State of Qatar bonds amounting to QR 14,165 million as at 30 September 2026 (31 December 2025: QR 12,436 million; 30 September 2025: QR 12,333 million) against repurchase agreements. Investment securities at FVOCI with a carrying value of QR 26,137 million (31 December 2025: QR 25,955 million; 30 September 2025: QR 26,097 million) have been designated in a fair value hedging arrangement through interest rate swap derivative. (a) Fair Value Through Other Comprehensive Income 30 September 2026 (Reviewed) Quoted Unquoted Total Equities 515,056 51,731 566,787 State of Qatar debt securities 16,344,650 - 16,344,650 Other debt securities 11,284,806 - 11,284,806 28,144,512 51,731 28,196,243 31 December 2025 (Audited) Quoted Unquoted Total Equities 783,971 65,125 849,096 State of Qatar debt securities 18,292,732 - 18,292,732 Other debt securities 12,742,452 - 12,742,452 31,819,155 65,125 31,884,280 30 September 2025 (Reviewed) Quoted Unquoted Total Equities 779,884 81,886 861,770 State of Qatar debt securities 18,248,617 - 18,248,617 Other debt securities 12,921,560 - 12,921,560 31,950,061 81,886 32,031,947 (b) Fair Value Through Profit or Loss 30 September 2026 (Reviewed) Quoted Unquoted Total Mutual funds and equities 78,704 15,938 94,642 78,704 15,938 94,642
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 21 9. INVESTMENT SECURITIES (CONTINUED) (b) Fair Value Through Profit or Loss (continued) 31 December 2025 (Audited) Quoted Unquoted Total Mutual funds and equities 88,210 - 88,210 88,210 - 88,210 30 September 2025 (Reviewed) Quoted Unquoted Total Mutual funds and equities 106,836 - 106,836 Other debt securities 25,514 - 25,514 132,350 - 132,350 (c) Amortised Cost 30 September 2026 (Reviewed) Quoted Unquoted Total By Issuer State of Qatar debt securities 2,635,428 - 2,635,428 Other debt securities 155,453 17,694 173,147 Net impairment loss (28,066) - (28,066) 2,762,815 17,694 2,780,509 By Interest rate Fixed rate securities 2,762,815 17,694 2,780,509 Floating rate securities - - - 2,762,815 17,694 2,780,509 31 December 2025 (Audited) Quoted Unquoted Total By Issuer State of Qatar debt securities 3,983,136 - 3,983,136 Other debt securities 402,001 118,061 520,062 Net impairment loss (28,229) - (28,229) 4,356,908 118,061 4,474,969 By Interest rate Fixed rate securities 4,356,908 118,061 4,474,969 Floating rate securities - - - 4,356,908 118,061 4,474,969 30 September 2025 (Reviewed) Quoted Unquoted Total By Issuer State of Qatar debt securities 4,165,523 - 4,165,523 Other debt securities 299,694 130,760 430,454 Net impairment loss (28,223) - (28,223) 4,436,994 130,760 4,567,754 By Interest rate Fixed rate securities 4,436,994 130,760 4,567,754 Floating rate securities - - - 4,436,994 130,760 4,567,754
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 22 10. DUE TO BANKS 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Current accounts 79,348 74,191 1,143,037 Short-term loan from banks 12,006,989 5,862,082 8,434,479 Repo borrowings 24,814,658 18,922,910 20,032,205 Interest payable 163,294 186,163 168,170 37,064,289 25,045,346 29,777,891 11. CUSTOMERS DEPOSITS 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Current and call deposits 11,386,529 10,990,097 12,238,521 Saving deposits 2,749,425 2,744,833 2,661,207 Time deposits 37,820,894 43,596,485 37,965,166 Interest payable 280,357 409,012 474,372 52,237,205 57,740,427 53,339,266 12. DEBT SECURITIES 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Senior unsecured notes 8,132,505 9,451,071 8,405,363 Interest payable 30,153 118,520 21,857 8,162,658 9,569,591 8,427,220 Notes: The Group has issued USD 2,100 million and QR 500 million as at 30 September 2026 (31 December 2025: USD 2,470 million and QR 500 million, 30 September 2025: USD 2,320 million) senior unsecured debt under its updated EMTN programme. The maturities of senior unsecured notes ranged 1 year to 5 years (31 December 2025: 2 years to 5 years, 30 September 2025: 1 year to 6 years) and carries average borrowing costs 3.98% up to 5.25% per annum (31 December 2025: 2.38% up to 5.25% per annum, 30 September 2025: 2.38% up to 5.25% per annum). 13. OTHER BORROWINGS 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Term loan facilities 9,412,738 8,953,495 9,073,474 Interest payable 48,048 63,808 79,923 9,460,786 9,017,303 9,153,397 The term loan facilities are mainly denominated in USD and carry average borrowing costs of 2.5% up to 4.9% per annum (31 December 2025: 2.50% up to 5.25% per annum; 30 September 2025: 2.50% up to 5.25% per annum).
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 23 13. OTHER BORROWINGS (CONTINUED) The table below shows the maturity profile of other borrowings: 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Upto 1 year 1,896,597 792,108 935,676 Between 1 and 3 years 7,564,189 8,225,195 8,217,721 9,460,786 9,017,303 9,153,397 14. SHARE CAPITAL 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Authorised number of ordinary shares (in thousands) 3,100,467 3,100,467 3,100,467 (Nominal value of ordinary shares QR 1 each) Issued and paid-up capital (in thousands of Qatar Riyals) 3,100,467 3,100,467 3,100,467 All shares are of the same class and carry equal voting rights. At 30 September 2026, the authorised share capital comprised 3,100,467 ordinary shares ( 31 December 2025: 3,100,467; 30 September 2025: 3,100,467). These instruments have a par value of QR 1. All issued shares are fully paid. The holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at meetings of the Group. 15. INSTRUMENTS ELIGIBLE AS ADDITIONAL TIER 1 CAPITAL 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Issued on 31 December 2013 2,000,000 2,000,000 2,000,000 Issued on 30 June 2015 2,000,000 2,000,000 2,000,000 4,000,000 4,000,000 4,000,000 On 31 December 2013, the Group issued regulatory Tier I capital notes totaling QR 2 billion. On 30 June 2015, the Group issued another series of regulatory Tier I capital notes totaling QR 2 billion. These notes are perpetual, subordinated, unsecured and each has been priced at a fixed interest rate for the first six years and shall be repriced thereafter. The coupon is discretionary, non -cumulative and the event on non -payment is not considered as an event of default. The notes carry no maturity date and have been classified under Tier 1 capital. The Bank might be required to write-off the Note, if a “loss absorption” event is triggered. These Notes have been classified within total equity as per IAS 32: Financial Instruments – Classification. These notes are redeemable solely at the discretion of the Bank. 16. DIVIDEND The Board of Directors’ proposal of a 15% cash dividend amounting to QR 465 million, 0.15 QR per share, for the year ended 31 December 2025 (2024: 10% of the paid up capital amounting to QR 310 million , 0.10 QR per share), was approved at the Annual General Assembly held on 2 April 2026.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 24 17. INCOME TAX For the three-month period ended 30 September For the nine-month period ended 30 September 2026 2025 2026 2025 (Reviewed) (Reviewed) (Reviewed) (Reviewed) Current income tax expense Current year 789 6,321 7,919 11,610 Pillar two tax – Qatar 32,013 - 79,557 - Pillar two tax – Outside Qatar - - - - Current income tax expense 32,802 6,321 87,476 11,610 18. EARNINGS PER SHARE For the three-month period ended 30 September For the nine-month period ended 30 September 2026 2025 2026 2025 (Reviewed) (Reviewed) (Reviewed) (Reviewed) Basic and diluted Profit attributable to the shareholders of the Bank 244,779 277,948 680,750 745,292 Weighted average number of outstanding ordinary shares in thousands 3,100,467 3,100,467 3,100,467 3,100,467 Basic and diluted earnings per share (QR) 0.08 0.09 0.22 0.24 19. FINANCIAL COMMITMENTS AND CONTINGENCIES 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) (a) Contingent commitments Off balance sheet facilities Guarantees 9,711,021 10,962,231 10,998,666 Letters of credit 2,055,655 2,457,209 2,693,203 Unused credit facilities 3,105,182 4,166,720 4,799,275 14,871,858 17,586,160 18,491,144 (b) Other commitments Derivative financial instruments: Forward foreign exchange contracts 9,790,310 8,970,995 9,157,739 Interest rate swaps 28,544,932 27,363,465 27,523,124 38,335,242 36,334,460 36,680,863 Total 53,207,100 53,920,620 55,172,007 Derivative financial instruments The derivative instruments are reflected at their fair value and are presented under other commitments at their notional amount. Unused facilities Commitments to extend credit represent contractual commitments to make loans and revolving credits. The majority of these expire within a year. Since commitments may expire without being drawn upon, the total contractual amounts do not necessarily represent future cash requirements. Guarantees and Letters of credit Guarantees and letters of credit commit the Group to make payments on behalf of customers in the event of a specific event. Guarantees and standby letters of credit carry the same credit risk as loans.
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 25 19. FINANCIAL COMMITMENTS AND CONTINGENCIES (CONTINUED) Lawsuits held against the Bank There are some lawsuits and legal cases against the Group in the normal course of business. In the opinion of the Group ’s management and the legal advisors, the level of provisions against these cases are assessed periodically and are sufficient to meet the obligations related to these cases. 20. CASH AND CASH EQUIVALENTS 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Cash and balances with central banks * 1,151,995 2,188,395 1,254,368 Due from banks up to 90 days 6,503,146 1,954,135 6,500,757 7,655,141 4,142,530 7,755,125 * Cash and balances with central banks do not include the mandatory cash reserve. 21. RELATED PARTIES Parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the other party in making financial and operating decisions . Related parties include entities over which the Group exercises significant influence, major shareholders, Directors and key management personnel of the Group. The Group enters into transactions, arrangements and agreements involving Directors, senior management and their related parties in the ordinary course of business at arm’s length commercial interest and commission rates and with collateral requirements. The related party transactions and balances included in th is interim condensed consolidated financial information are as follows: 30 September 2026 (Reviewed) Associate Board of directors Key management Assets: Loans and advances to customers - 5,649,470 13,289 Investment in an associate 9,855 - - Liabilities: Customers deposits - 626,384 7,035 Unfunded items: Contingent liabilities and other commitments - 35,636 - Income statement items: Interest, commission and other income - 27,946 345 Interest, commission and other expense - 12,292 151
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 26 21. RELATED PARTIES (CONTINUED) 31 December 2025 (Audited) Associate Board of directors Key management Assets: Loans and advances to customers - 1,121,307 19,571 Investment in an associate 10,567 - - Liabilities: Customers deposits - 578,769 7,503 Unfunded items: Contingent liabilities and other commitments - 60,673 - Income statement items: Interest, commission and other income - 54,049 545 Interest, commission and other expense - 13,237 211 Share of results 759 - - 30 September 2025 (Reviewed) Associate Board of directors Key management Assets: Loans and advances to customers - 1,116,667 17,472 Investment in an associate 10,062 - - Liabilities: Customers deposits - 505,825 6,472 Unfunded items: Contingent liabilities and other commitments - 62,255 - Income statement items: Interest, commission and other income - 40,778 395 Interest, commission and other expense - 10,492 182 The Group does not have loans and advances given to any associates or to shareholders holding more than 5% of the shares. The expected credit losses on loans and advances to key management personnel and Board of directors are insignificant. Key management personnel (including Board of Directors) compensation for the period comprised: 30 September 2026 30 September 2025 (Reviewed) (Reviewed) Salaries and other benefits 67,587 58,020 End of service indemnity benefits and provident fund 2,301 1,666 69,888 59,686
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Doha Bank (Q.P.S.C.) Notes to the interim condensed consolidated financial information (All amounts are expressed in ‘000 Qatari Riyals unless otherwise stated) 27 22. CAPITAL ADEQUACY 30 September 2026 31 December 2025 30 September 2025 (Reviewed) (Audited) (Reviewed) Common Equity Tier 1 Capital 10,829,467 11,029,271 11,463,807 Additional Tier 1 Capital 4,000,000 4,000,000 4,000,000 Additional Tier 2 Capital 976,616 975,571 975,301 Total Eligible Capital 15,806,083 16,004,842 16,439,108 Total risk weighted assets 84,679,327 84,509,708 84,461,702 Total capital adequacy ratio 18.67% 18.94% 19.46% The minimum total Capital Adequacy Ratio requirements under Basel III as per QCB Requirements is as follows: - Minimum limit without Capital Conservation buffer is 10%; and - Minimum limit including Capital Conservation buffer, ICAAP Pillar II and the applicable Domestic Systemically Important Bank ("DSIB") buffer is 12.5%. 23. GEOPOLITICAL SITUATION IN THE MIDDLE EAST The geopolitical situation in the Middle East has intensified since 28 February 2026, with ongoing developments creating secondary impacts across multiple countries in the region, including Qatar. These circumstances have introduced heightened uncertainty into the economic environment and caused disruption to certain business and economic activities. In response, the Group has activated its business continuity arrangements and enhanced its risk management practices to address potential operational and financial impacts arising from these disruptions. In response to prevailing economic uncertainties, the Group has reassessed the probability weightings assigned to the economic scenarios used in the estimation of expected credit losses as of 30 September 2026. The revised weightings reflect the increased likelihood of adverse economic outcomes. The weightings assigned to each macro-economic scenario at Doha Bank are as follows: 30 September 2026 31 December 2025 (Reviewed) (Audited) Upside case 15% 15% Base case 60% 70% Downside case 25% 15% Furthermore, the bank continues to perform targeted stress testing to assess the potential impact on its credit portfolio, capital adequacy, liquidity position and overall financial resilience. The bank is also closely monitoring the potential impacts on affected sectors, including the potential impact on both qualitative and quantitative significant increases in credit risk ("SICR") factors. The resulting ECLs and impairment allowances are disclosed in Note 4 to this interim condensed consolidated financial information.