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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 2Q 2025 Investor Presentation August 2025
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Our goal is to propel the nation’s progress towards Vision 2030 and beyond by spearheading technological innovation, encouraging progressive thinking, and using our expertise to provide the best opportunities for our people and the economy Table of Contents SNB Profile 01 Operating Environment 02 Strategy 2025-2027 03 Financial Highlights 04 Debt Profile Update 05 Financial Results Details 06 Segmental Review 07 Appendix 08
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest SNB Profile 01
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 91% 72% 99% 98% 82% 54% 18% 21% SNB is Saudi Arabia’s largest banking group with a well-diversified business model, leading client offering, and presence in 9 countries SNB Overview Figures as of 2Q 2025, unless otherwise specified | 1 Net Income Attributable to Equity Holders | 2 Excludes amortization of intangibles | 3 After Tier 1 Sukuk and Intangible costs | 4 Unsolicited | 5 As of 4Q 2024 | 6 Includes Itqan (2,526 employees) – fully owned subsidiary engaged in recruitment services within the Kingdom of Saudi Arabia | 7 As of 31/07/2025 | 2Q 2025 - Investor Presentation 4 To propel our nation towards Vision 2030 and beyond. Our Purpose: Our Perfomance: Robust credit standing Advanced Digital Capabilities ¥ 1.2Tn Total Assets +9% YTD Total Financing +9% YTD Operating Income +7% YoY Net Income1 +18% YoY Cost of Risk -30bps YoY -4bps Cost/Income Ratio2 -143bps YoY ROTE3 +93bps YoY T1 Capital Ratio +105bps YoY Subsidiary TFKB (Turkey) 3,037 Employees 450 ATMs 260 branches Subsidiary Samba Bank (Pakistan) 1049 Employees 61 ATMs 57 branches Offices in Shanghai & Seoul Saudi National Bank Headquartered in Riyadh 8,205 Employees 3,823 ATMs 475 branches 93 Remitt. centers NEO Lifestyle Banking & Financial Ecosystem Subsidiary SNB Capital (KSA) 472 Employees 27 branches Wholesale Branches Bahrain, UAE, Qatar & Singapore Customers5 Employees6 Market Cap7 14.4Mn 15,289 ¥ 225.0Bn Retail User Penetration Retail Digital Transactions Wholesale eCorp Digital Transactions Retail Account Opening Wholesale Account Opening POS market share (# of transactions) POS market share (value) Wholesale User Penetration Robust credit standing Ratings LT ST Outlook S&P A A-1 Stable Fitch A- F2 Stable Moody’s4 Aa3 P-1 Stable CI AA- A1 Stable ¥ 715Bn ¥ 19.12Bn ¥ 12.16Bn 26.6% 19.5%17 .3%
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 1,395 1,372 1,201 1,109 1,039 Peer 1 Peer 2 SNB Peer 3 Peer 4 Assets (SARbn) SNB is a leading bank in KSA and the GCC region SNB in KSA and GCC Context Sources: SNB, Capital IQ. Peers (1, 2, 3, 4) represent GCC-based banks sorted in descending order by total assets; financial position is benchmarked based on 2Q 2025 data Assets SNB Rank in GCC #3 SNB Rank in KSA Financing Deposits Total Investments Operating Income Net Income #5 #2 #3 #2 #1 #2 #1 #1 #1 Top 5 Banks in GCC by Rank 24.4 22.1 19.1 18.8 18.7 Peer 3 Peer 1 SNB Peer 4 Peer 2 Operating Income (SARbn) 991 742 715 580 557 Peer 1 Peer 4 SNB Peer 2 Peer 3 Financing (SARbn) 12.8 12.2 12.1 10.9 8.7 Peer 3 SNB Peer 4 Peer 2 Peer 1 Net Income (SARbn) #2 #3 | 2Q 2025 - Investor Presentation 5 (¥bn) (¥bn) (¥bn) (¥bn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 1,201 348 344 315 246 205 3,317 1,418 912 640 861 1,182 Leading, diversified franchise SNB market position as of 2Q 2025 Sources: SNB, Bank Financial Statements | 1 As of 1Q 2025 KSA Total Market Overall Banking (Assets) SNB Market Share in ¥bn SNB Market Share in % Rank KSA Wholesale Banking (Domestic Financing) Retail Banking (Domestic Financing) Treasury (Investments) Asset Management1 (AUMs) Brokerage (Value Traded) 27% 20% 27% 33% 22% 15% ¥ 4,518Bn ¥ 1,766Bn ¥ 1,256Bn ¥ 955Bn ¥ 1,107Bn ¥ 1,387Bn #1 #1 #2 #1 #1 #2 | 2Q 2025 - Investor Presentation 6
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Operating Environment 02
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Supportive KSA macro-economic environment Operating Environment Macro-economic Indicators Sources: SNB Economics, KSA MoF, Thomson Reuters, Bloomberg, EIA, IEA, OPEC| 2Q 2025 – Investor Presentation 8 69.8 61.0 0 20 40 60 80 100 120 140 Jun-15 Jun-17 Jun-19 Jun-21 Jun-23 Jun-25 Average Monthly Oil Prices (US$/bbl) Brent WTI 103.0 103.8 104.5 102.7 103.5 104.6 103.8 105.1 106.4 99.0 100.0 101.0 102.0 103.0 104.0 105.0 106.0 107.0 2024 2025F 2026F Oil Demand Outlook (mmbd) IEA EIA OPEC +4.6 +5.1 +4.3 -15.0 -10.0 -5.0 +0.0 +5.0 +10.0 +15.0 +20.0 2015 2017 2019 2021 2023 2025F Real GDP Growth (% Y/Y change) Real GDP Oil Activities Non-Oil Activities 4.3 -6.0 -3.0 0.0 3.0 6.0 9.0 12.0 15.0 2015 2017 2019 2021 2023 2025F Non-Oil GDP (% Y/Y change) 1.9 -3.0 -2.0 -1.0 0.0 1.0 2.0 3.0 4.0 5.0 2015 2017 2019 2021 2023 2025F Inflation (%), YoY change -161 -3.4 -20.0 -15.0 -10.0 -5.0 0.0 5.0 -500 -400 -300 -200 -100 0 100 200 2015 2017 2019 2021 2023 2025F Fiscal Balance Fiscal balance (¥bn) % of GDP (RHS)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Strong and stable banking sector Operating Environment Macro-economic Indicators Sources: SNB Economics, SAMA| 2Q 2025 – Investor Presentation 9 15.8 7.7 0.0 5.0 10.0 15.0 20.0 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Overall Banking Industry Lending & Deposits (Y/Y % change) Total Lending Total Deposits 2.0 -1.1 -2.0 -1.0 0.0 1.0 2.0 3.0 4.0 Jun-23 Dec-23 Jun-24 Dec-24 Jun-25 Overall Banking Industry Lending by Sector (M/M % change) Corporate Loans Personal Loans 7,260 -4.3 -50.0 0.0 50.0 100.0 150.0 200.0 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 2019 2022 2025F Average Monthly Value of Gross Mortgage Origination by All Banks (¥bn) Avg. Monthly Originations % Y/Y (RHS) 81.6 110.8 70.0 80.0 90.0 100.0 110.0 120.0 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Overall Banking Industry Loan to Deposit Ratio (%) Regulatory LTD ratio Headline LTD ratio 7.6 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 2015 2017 2019 2021 2023 2025F Annual Money Supply (% Y/Y change) 5.4 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 2015 2017 2019 2021 2023 2025F 3M SAIBOR (% average)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Strategy 2025-2027 03
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest SNB’s comprehensive strategy prioritizes sustainable growth in the Kingdom and embraces a customer-centric approach, while championing innovation | 2Q 2025 – Investor Presentation 11 Key Pillars Market Share and Value Creation Operational Excellence Customer Centricity Innovation Talent Magnet Target emerging segments with focus on improving returns and fee generation Deliver organizational agility and accelerate time to market through operating model enhancements Set up a culture of customer centricity across the organization Expand into digital innovations and capture the value from data & analytics Strengthen Organizational Health Index and specialized hiring programs Themes Grow Financing Market Share Improve Operating Model Embed Customer Experience Culture Accelerate Adoption of Digital Innovation Create a Distinctive Culture Become a Talent Magnet Capture the Value from Data and Analytics Capture Non-FTE Cost Savings Improve Customer Experience Outcomes Drive CASA Acquisition Enhance Fee Income SNB Strategy 2025-2027
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Area Growth Metrics1 2024F Baseline 2027 Targets Key Targets Growth Low teens Low teens Financing Growth CAGR 2024-27 ¥ 654bn CASA Growth CAGR 2024-27 ¥ 419bn Profitability & Efficiency NSCI Growth CAGR 2024-27 ¥ 27.7bn Banking Fee Income Growth CAGR 2024-27 ¥ 4.6bn Group CIR 28.3% Domestic CIR 25.4% COR 0.16% ROTE 16.2% ROTE, adjusted 17.5% Low double digit High teens <25.5% <23% 20-40 bps 17-18% 18-19% Capital & Dividends Tier 1 CAR 20.3% Dividend payout 2025-27 54% 19-20% 50-60% 2027 financial targets SNB Strategy 2025-2027 1 Refer to Definitions appendix| 2Q 2025 – Investor Presentation 12 SNB Strategy 2025-2027
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 2Q 2025 marked positive progress across our strategic KPIs 2Q 2025 Key Highlights 13| 2Q 2025 - Investor Presentation Market share and value creation Operational excellence Customer centricity Innovation Talent magnet Grow Financing market share Drive CASA acquisition Improve operating model Embed Customer Experience culture Accelerating the adoption of digital innovation Capturing value from data and analytics Become a talent magnet Enhance fee income SNB Capital leadership Total financing market share Wholesale financing market share Retail financing market share Total Financing growth Group CIR Domestic CIR SNB NEO customers Wholesale Financing growth Retail Financing growth CASA Growth, CAGR 2024-27 AUM market share Investment Banking market share Brokerage market share Fee income from banking services to loans 23.3% 18.3% 28.3% ¥ 654bn 28.3% 25.4% 1mn ¥ 290bn ¥ 344bn 0.7%9% 26.6% 23.6% >1.1mn 20% -0% 0.7% Low teens <25.5% <23% >5mn Mid teens High single digit 4Q 2024 4Q 2024 4Q 2024 4Q 2024 2024 2024 2024 4Q 2024 4Q 2024 2024 2Q 2025, YTD 1H 2025 1H 2025 2Q 2025 2Q 2025, YTD 2Q 2025, YTD 2Q 2025 CAGR 2024-27 2027 2027 2027 CAGR 2024-27 CAGR 2024-27 25-26% 20-21% >30% >0.85% 2027 2027 2027 2027 Retail Branches NPS Organizational Health Index (OHI)Share of Retail digital financing sales Data Use Cases Corporate NPS Training Days per Employee Baseline 66 2024 2024 ~+20%~30% ~75 2027 20272027 2027 #1 #2 #2 2Q 2025 2Q 2025 2Q 2025 #1 #1 #1 2027 2027 2027 86 88 >90 2024 2Q 2025 2027 24% 2Q 2025 2027 15% 2024 ~30% 3 10 >30 2024 2Q 2025 2027 2.5 1.6 ~+15% 2024 1Q 2025 2027 ¥ 419bn 19% 2024 2Q 2025, YTD Low teens CAGR 2024-27 27 .4% 2Q 2025 23.5% 2Q 2025 19.7% 2Q 2025
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest …with positive momentum gained on each of the strategic themes 2Q 2025 Key Highlights 14| 2Q 2025 - Investor Presentation Recalibrated risk appetite in key Wholesale credit programs to position the bank for growth Gained momentum in CASA supported by implementation of strategic projects Market share and value creationKey pillars H1 2025 key achievements H1 2025 selective metrics YTD Wholesale loan growth+¥58bn YTD CASA growth+¥81bn Launch of new Retail Credit Cards products e.g. Cash Back Premium, Multicurrency & Flexicards Credit approval turnaround time improved further, showcasing faster decisions and a stronger client-centric approach Set up after sales function to enhanced POS value proposition Launched new digital functionalities on retail & Corp channels e.g. rewards accessibility, payroll, payments Introduced a strategic multi year upskilling journey to develop a future ready pipeline of Senior Credit Officers (SCOs) Reduced operating expenses reflects improved efficiency driven by, deepening automation and sustained cost discipline Improved retail Branch NPS score to 88% Piloting 4 new data use cases geared towards deposit acquisition, loan origination and cost optimization Rolled out 3 structured hiring programs targeting top talents in Technology, Data and SME sectors Operational excellence Customer centricity Innovation Talent magnet Wholesale TAT SME centers YTD New use cases YTD FTEs specialized hires >50% +19 +7 +65 Further expanded SME geographical coverage by opening new centers Achieved cost savings from 2025 target ~73% Accelerated growth in retail digital financing sales Of Retail NPS growth achieved 50% PF digital sales YoY+80% Structured program graduates +190
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Financial Highlights 04
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Strong progress against our strategy — delivering growth, innovation and operational excellence 1H 2025 Highlights 16| 2Q 2025 - Investor Presentation 1 Excluding HNW Repayments and Securitization, Retail grew +6% | 2 Net of ¥ 3bn Securitization | 3 On balance-sheet exposure of ¥ 80bn, +41% YTD Disciplined Cost and Capital Management Positive jaws delivered Growth Across Core Banking Metrics Opex growth Delivering Sustained Financial ReturnsCustomer-centric Innovations and Strategic Enablers Group CIR ¥ 6.14bn in 2Q ¥ 12.16bn in 1H 2025 Overhaul of functionalities delivered in Retail and Corporate Apps Cash Back Premium, Multicurrency & Flexicards launched T1 & T2 Issuances Domestic CIR Financing ¥ 715bn Record Net IncomeImproved customer engagement Expanded Retail card offerings CASA +¥ 81bn ROTE MSME ¥ 99bn Strengthened talent base with targeted hiring +2% YoY Fee & Other Income 26.6% ¥ 6.4bn 23.6%Total credit3 Wholesale (+20%) Retail (-0%)1 incl. Mortgages2 (+4%) 25% of total operating income CASA Ratio at 75.9% +9% YTD +17% YoY +18% YoY 17 .3% +19% YTD +23% YOY+49% YTD +7 data use cases Retail NPS at 88 -143bps YoY -155bps YoY +93bps YoY
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest -21bps 2.91% YoY > -479bps 79.2% YTD > -155bps 23.6% YoY > +9% ¥ bn 715 YTD < +20% ¥ bn 348 YTD < SNB delivered record net income, supported by strong balance sheet growth, robust core revenue, continued cost discipline and solid credit quality 1 Excluding HNW Repayments and Securitization, Retail grew +6% | 2 NPL Ratio excluding POCI | 3 CIR excluding amortization of intangibles | 4 Net Income Attributable to Equity Holders | 5 After Tier 1 Sukuk and Intangible costs +14% ¥ bn 659 YTD < 2Q 2025 Financial Performance Highlights +19% ¥ bn 500 YTD < -30bps -4bps YoY > from Wholesale financing Funded mainly by Customers’ deposits and better risk costs, CoR delivering attractive profitability primarily through CASA Strong financing growth | 2Q 2025 - Investor Presentation 17 -143bps 26.6% YoY > with disciplined cost efficiency, CIR3 Group Domestic +93 bps 17.3% YoY > +18% 12.2 YoY > Net income4 ROTE5 ¥ bn -21bps 20.6% YTD > with healthy capital and liquidity -35bps 0.81% YTD > with a decreasing NPL ratio2 -0% ¥ bn 343 YTD > +4% 188 YTD < and Mortgage expansion Retail Mortgages ¥ bn although a declining NIM Total CAR SAMA LDR +3% 14.3 YoY < +23% 4.8 YoY < Operating income of ¥19.1bn, +7% YoY ¥ bn ¥ bn NSCI Fee & Other Income 1
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Balance sheet expansion of 9% YTD mainly from financing growth, supported by a 14% increase in domestic customers’ deposits Balance Sheet Summary Domestic: +9% Int’l +10% Domestic: +10% Int’l +11% | 2Q 2025 - Investor Presentation 18 63 66 80 292 310 315 654 706 715 94 88 91 1,104.2 1,171.1 1,201.0 +9% +3% QoQ 4Q 24 1Q 25 2Q 25 Total Assets (¥bn) Cash & interbank Investments Financing Other 185 195 175 580 626 659 95 105 119 51 51 50910.9 977.0 1,003.1 +10% +3% QoQ 4Q 24 1Q 25 2Q 25 Total Liabilities (¥bn) Interbank Customers' Deposits Debt Securities & Term Loans Other 76.3 23.5 3.2 (9.7) (1.1)910.9 1,003.1 -5% +14% +25% -1% +10% 4Q 24 Interbank Customers' deposits Debt Securities & Term Loans Other liabilities Int'l 2Q 25 Total Liabilities Movement YTD (¥bn) 15.8 23.2 58.2 3.1 (3.5)1,104.2 1,201.0 +28% +8% +9% -4% +10% +9% 4Q 24 Cash & interbank Investments Financing & advances Other assets Int'l 2Q 25 Total Assets Movement YTD (¥bn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 2.0% 2.0% 2.1% 2.2% 2.2% 1H 24 9M 24 FY 24 1Q 25 1H 25 Returns YTD (%) ROTA 16.3% 16.3% 16.2% 17.5% 17.3% 17.6% 17.5% 17.5% 19.1% 18.7% ROTE ROTE, adj. (67) 521 669 983 (17) (282) (53) 10,270 10,337 12,212 12,159 +4% +19% +0% -123% 17% +18% +18% 1H 24 Int'l Group Ex Int’l NSCI Fee & other income Opex Impairments Other Group Ex Int’l Int'l 1H 25 Net Income Attributed To Equity Holders Movement YoY (¥mn) (137) 169 382 19 334 1 (135) 5,231 5,368 6,136 6,137 +2% +22% -1% -224% 22% +17% +14% 2Q 24 Int'l Group Ex Int’l NSCI Fee & other income Opex Impairments Other Group Ex Int’l Int'l 2Q 25 Net Income Attributed To Equity Holders Movement YoY (¥mn) 18% YoY Net income growth driven by revenue uplift, cost discipline and better risk costs, reflecting strong asset quality Income Statement Summary 1 Operating expenses exclude amortization of intangibles of ¥ 410mn in 1H 2025 and 1H 2024, ¥ 205mn in 2Q 2025 and 2Q 2024 | 2 Other includes amortization of intangibles, other non-operating expenses and zakat | 3 Pre-Tier 1 Sukuk and Amortization of Intangible Costs Operating income: +¥ 551mn (+6%) 1 2 | 2Q 2025 - Investor Presentation Operating income: +¥ 1,190mn (+7%) 1 2 19 5,368 6,075 6,136 (137) (53) 15,231 6,022 6,137 +17% +2% QoQ 2Q 24 1Q 25 2Q 25 Net Income (¥mn) Group, excl. Int'l Int'l 2025 Guidance ROTE: 16%-17% ROTE, adj.3: 17.5%-18.5% 3
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Solid net income contribution from Wholesale, slightly offset by Capital Markets Segmental Highlights | 2Q 2025 – Investor Presentation 20 3 85 6 3 1,104 1,201 +1% +14% +26% +10% +9% 4Q 24 Retail Whole- sale Capital Markets Int'l 2Q 25 Total Assets Movement YTD (¥bn) 28 59 3 3 911 1,003 +8% +11% +22% +11% +10% 4Q 24 Retail Whole- sale Capital Markets Int'l 2Q 25 Total Liabilities Movement YTD (¥bn) 1,420 76 (68) (162) 17,856 19,122 -1% +20% -12% +9% +7% 1H 24 Retail Whole- sale Capital Markets Int'l 1H 25 Total Operating Income Movement YoY (¥mn) Retail 35.9% Wholesale 58.7% Capital Markets 2.5% Int'l 2.9% Total Assets Composition (%) 124 2,199 (160) (4)11,426 13,584 +2% +40% -16% +6% +19% 1H 24 Retail Whole- sale Capital Markets Int'l 1H 25 Net Income Before Zakat & Tax Movement YoY (¥mn) Retail 45.0% Wholesale 44.2% Capital Markets 6.1% Int'l 4.7% Total Operating Income Composition, YTD (%)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest ¥ 14.3bn +3% YoY -4 bps 19.5% ¥ 715bn +9% YTD 26.6% 17.3% 18.7% Updating 2025 guidance, including the upgrade of full-year profitability outlook Outlook & Guidance 21 1 Macro-economic Indicator Sources: SNB, KSA MoF, IMF. US Federal Reserve, Gastat, Eikon | 2 Macro-economic forecasts indicate 2025 average, except US FFR, which is a year-end estimate | 3 CIR excluding amortization of intangibles | 4 Refer to Definitions appendix Real GDP Growth US FFR Inflation Avg Brent Oil Price / bbl Non-Oil GDP Growth Macro-Economic Outlook1 FY 2024 +2.0% 4.25-4.5% 1.7% USD 80 +5.2% FY 2024 Baseline FY 2025 GuidanceSNB Financial Guidance NSCI Growth ¥ 27.7bn Low-to-mid single digit Cost of Risk 16 bps 5 to 15 bps Tier 1 CAR 20.3% 19% to 20% Financing Growth ¥ 654bn Low double digit FY 20252 +4.6% 4.0-4.25% 2.0% USD 68 +4.3% 28.3% 25.4% Group Cost to Income Ratio3 Domestic Cost to Income Ratio3 Below 27% Below 24% 16% to 17% 17.5% to 18.5% ROTE 17.5% 16.2% ROTE, adjusted4 23.6% 1H 2025 Unchanged Downgraded Upgraded Upgraded Unchanged Upgraded Status | 2Q 2025 - Investor Presentation
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Debt profile update 05
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 1H 2025 key highlights ▪ Expanded SNB’s global funding reach across key markets by strategically timing multi- currency issuances (USD, CNH, AUD, HKD...), capitalizing on diversified funding sources efficiently ▪ Raised long-term funding totaling ¥ 50.5bn3 through various instruments and markets, including (Tier 2, EMTN/Sukuk and Term Loans) ▪ Strengthened SNB’s capital base with a landmark USD 1.25bn Tier 2 public issuance, upsizing on the back of USD 4.1bn demand and pricing efficiently at T+200bps, with 100% allocation to international investors, reinforcing SNB’s strategy of broadening its investor base and maintaining active access to global capital markets ▪ Sustained momentum in international senior funding through private placements and loan markets, raising approximately ¥ 5.3bn equivalent in 2Q 2025 Continued growth and diversification in funding profile Term Loans, Sukuk and Debt Securities 1 2021 & 2022 Debt Securities & Term Loans values are management figures and provided for illustrative purposes | 2 Tier 2 includes issuances under the EMTN program during 1H 2025 | 3 Domestic, excluding CDs 1 1 | 2Q 2025 - Investor Presentation 23 ¥ 10% USD 84% Others 6% Composition by Currency (%) 2025 5.9% (-0.1ppts) 2026 12.6% (+5.3ppts) 2027-2028 40.9% (-0.8ppts) 2029-2035 40.6% (-4.4ppts) EMTN/Sukuk composition by maturity (%) and YTD change CDs 27.4% EMTN/SUKUK 19.6% Term Loans 35.9% AT1 13.6% Tier 2 3.4% Composition by Instrument (%) 2 6.4 24.9 37.7 8.9 16.0 13.9 21.8 27.0 8.8 7.4 24.1 48.7 49.5 12.2 15.5 15.2 21.2 18.7 4.7 29.9 38.9 59.6 116.5 137.6 2021 2022 2023 2024 2Q 2025 Debt Securities, CDs, AT1, Tier 2 and Term Loan Balances (¥bn) CDs EMTN/Sukuk Term loans AT1 Tier 2
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Renewable Energy 66% Employment Generation 34% Sustainability 92% Green 3% Social 5% Key highlights ▪ As of 30 June 2025, SNB has issued a total of 10 instruments that include green, social, and sustainability issuances totaling to USD 1,771mn and has a current portfolio of eligible sustainable assets amounting to USD 3,241mn where 100% of its issuances are allocated to sustainable assets and 45% of eligible assets are available for future issuances. ▪ SNB’s assets include both green and social projects. To this extent the bank’s sustainable financing supports projects in both the KSA and UAE, with the aim of contributing positively to critical environmental and social issues such as climate change, renewable energy, and employment. ▪ SNB has a total of 10 eligible assets with environmental benefits (9 solar and 1 wind) and 1,618 SMEs with social benefits related to employment generation. SNB continues to develop its sustainable financing capabilities Sustainable finance Source: SNB 2025 Sustainable Finance Allocation and Impact Report Term funding portfolio by type Eligible Green and Social loan Portfolio $3,241mn$1,771mn Continuing to lead and innovate in the sustainable financing space within KSA Authentic leadership and transparency Accelerate the use of financial products for sustainable growth Advance the net zero transition Advocate financial empowerment and nurture talent SNB Group sustainability framework | 2Q 2025 - Investor Presentation 24
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 17.3% 13.2% 15.5% 14.8% 13.4% 16.0% 16.5% 13.8% 15.1% 11.7% 14.7% 13.4% 14.8% 15.2% 12.4% 13.6% 14.3% 20.6% 18.5% 20.2% 19.3% 16.9% 20.9% 19.6% 19.1% 20.7% 17.9% 17.0% 16.9% 19.2% 19.4% 16.4% 15.5% 19.2% SNB Alinma AlRajhi SAB Riyad BSF ANB SAIB Albilad Aljazira ENBD FAB QNB KFH NBK ABC Muscat CET1 Tier 1 SNB enjoys one of the highest Capital Ratios among regional peers Capital position Source: company disclosure | 1 As of 1Q 2025 CET 1 and Tier 1 capital ratios Saudi Arabia GCC | 2Q 2025 - Investor Presentation 25 11
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest External Ratings Update Credit Ratings SNB Ratings Quotes S&P Moody’s (unsolicited) Capital Intelligence Fitch A Outlook: Positive A+ Outlook: Stable Aa3 Outlook: Stable A+ Outlook: Stable “The stable outlook reflects our expectation that SNB will maintain a solid capitalization while keeping risks associated with lending growth in check, despite tighter liquidity conditions in the market.” “SNB National Rating reflects its creditworthiness relative to other Saudi Arabian issuers and, is the highest among Saudi banks as the bank is the largest in the country, and its financial metrics are at the higher end of the sector.“ The Foreign currency rating is supported by very good asset quality with large credit loss absorption capacity, high profitability and a long-term track record of good returns, strong capitalisation, and a comfortable liquidity and funding profile.” “SNB's core income-generating capacity is strong and growing, and it will continue to support the bank's loss-absorption capacity in the foreseeable future. The bank's profitability is underpinned by its leading market position in Saudi, its strong fee income-generating capacity and its operating efficiencies..” Rating Agency Saudi Arabia Stable Long-term Short-term Stable Long-term Short-term Stable Long-term Short-term Stable Long-term Short-term SNB Outlook MSCI NA Average vs Industry Peers ESG Rating "New disclosures indicate it conducts annual surveys to gauge staff satisfaction, like leading peers. SNB is on par with peers in data privacy framework. We found evidence of data control rights for customers and IT audits to address cybersecurity risks.” A-2 A-1 2021 2022 2023 2024 2Q 25 A- A F1 F2 2021 2022 2023 2024 2Q 25 A- A- P-1 P-1 2021 2022 2023 2024 2Q 25 A1 A1 2021 2022 2023 2024 2Q 25 A+ AA- A1 Aa3 BB BBB 2021 2022 2023 2024 2Q 25 | 2Q 2025 - Investor Presentation 26
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Financial Results Details 06
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest ¥ (mn) 2Q 2025 4Q 2024 Δ 1Q 2025 Δ Cash & interbank 80,143 63,208 +27% 66,105 +21% Investments 315,460 292,487 +8% 310,274 +2% Financing 714,839 654,252 +9% 706,430 +1% Other assets 90,557 94,207 -4% 88,271 +3% Total assets 1,200,998 1,104,155 +9% 1,171,079 +3% Interbank 175,411 185,120 -5% 195,338 -10% Customers’ Deposits 658,675 579,762 +14% 626,394 +5% Debt securities & term loans 118,849 95,305 +25% 104,659 +14% Other liabilities 50,175 50,692 -1% 50,569 -1% Total liabilities 1,003,112 910,879 +10% 976,960 +3% Share capital 60,000 60,000 +0% 60,000 +0% Retained earnings 20,490 14,351 +43% 14,391 +42% Others 98,070 97,027 +1% 97,901 +0% Equity attributable to shareholders 178,560 171,378 +4% 172,292 +4% Tier 1 sukuk 18,718 21,188 -12% 21,188 -12% NCI 609 710 -14% 640 -5% Total equity 197,887 193,275 +2% 194,119 +2% Total liabilities & equity 1,200,998 1,104,155 +9% 1,171,079 +3% Balance sheet expansion of 9% mainly from financing growth and investments supported by an 14% increase in customers’ deposits Balance Sheet Summary | 2Q 2025 - Investor Presentation 28 77 86 63 66 80 287 290 292 310 315 637 655 654 706 715 88 93 94 88 91 1,088.1 1,124.6 1,104.2 1,171.1 1,201.0 +9% QoQ +3% -2% +6% +3% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Total Assets (¥bn) Cash & interbank Investments Financing Other 144 166 185 195 175 633 634 580 626 659 86 96 95 105 119 46 45 51 51 50 908.1 940.8 910.9 977.0 1,003.1 +10% QoQ +4% -3% +7% +3% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Total Liabilities (¥bn) Interbank Customers' Deposits Debt Securities & Term Loans Other
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Consumer 48.0% (-4.5ppts) Commerce 11.8% (+0.3ppts) Utilities & health 8.5% (+0.3ppts) Manufacturing 7.0% (+0.6ppts) Banking & financials 6.6% (+1.5ppts) Transport & comms 5.9% (+1.9ppts) Govt. And quasi Govt. 2.2% (-0.1ppts) Building & construction 1.7% (+0.2ppts) Other 8.3% (-0.3ppts) Financing & Advances, Net by Sector (%) and YTD change (ppts) Retail 48.0% (-4.5ppts) Corporate 43.1% (+3.7ppts) FI 5.6% (+0.7ppts) Int’l 2.7% (+0.1ppts) Other 0.5% (+0.0ppts) Financing & Advances, Net Composition (%) and YTD change (ppts) A 20% increase in Wholesale financing fueled total financing growth YTD; Retail was tempered by offsets in HNW and SRC sale Financing & Advances 1 Excluding HNW Repayments and Securitization, Retail grew +6.0% | 2Q 2025 - Investor Presentation 29 334 340 344 352 343 253 261 258 294 308 31 33 32 39 4017 18 17 18 203 3 3 4 4637.2 655.3 654.3 706.4 714.8 +9% QoQ +3% -0% +8% +1% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Financing & Advances, Net (¥bn) Retail Corporate FI Int'l Other 7.3 50.2 7.9 0.5 2.4 (7.7) 654.3 714.8 +4% -5% +19% +25% +13% +14% +9% 4Q 24 Mortgages Other Retail Corporate FI Other Int'l 2Q 25 Financing & Advances, Net Movement YTD (¥bn) 2025 Guidance Low double-digit Domestic: +9% Int’l +14% Retail: -¥ 0.4bn (-0%) Wholesale: +¥ 58.1bn (+20%)1 172.9 176.5 181.0 183.7 188.3 +4% QoQ +2% +3% +1% +2% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Mortgages (¥bn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Investments increased by 8% YTD, supported by growth in SGDS, Other fixed income and Funds & equity 1 Saudi Government Debt Securities including SAMA bills (investment grade) Investments | 2Q 2025 - Investor Presentation 30 Saudi Arabia 61.0% (-1.6ppts) USA 19.2% (+0.9ppts) GCC & Middle East 4.4% (-0.4ppts) Europe 3.2% (-0.3ppts) Turkey 1.3% (-0.2ppts) Other 10.9% (+1.6ppts) Investments, Net by Geography (%) and YTD change (ppts) 12.1 7.6 3.5 (0.3)292.5 315.5 +7% +9% +9% -5% +8% 4Q 24 SGDS Other fixed income Funds & equity Int'l 2Q 25 Investments, Net Movement YTD (¥bn) 1 Domestic: +8% Int’l -5% 162 160 180 187 192 100 94 87 94 94 25 23 26 29 29 286.7 290.5 292.5 310.3 315.5 +8% QoQ +1% +1% +6% +2% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Investments, Net (¥bn) Held at amortised cost Held at FVOCI Held at FVIS 157 161 163 169 175 96 97 96 104 104 28 27 28 31 316 6 6 6 5286.7 290.5 292.5 310.3 315.5 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Investments, Net by Instrument (¥bn) SGDS Other fixed income Funds & equity Int'l
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Customers’ deposits grew 14% YTD, primarily driven by domestic CASA inflows; this contributed to an improved CASA ratio of 75.9% Customers' Deposits Domestic: +14% Int’l +11% | 2Q 2025 - Investor Presentation 31 74.2% 70.8% 72.2% 74.5% 75.9% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 CASA Ratio (%) 80.9 2.7 (4.7) (0.1)579.8 658.7 +20% -3% -1% +19% +14% 4Q 24 CASA Time & other CASA Time & other 2Q 25 Customers' Deposits Movement YTD (¥bn) CASA 75.9% (+3.6ppts) Time 20.2% (-2.2ppts) Other 3.9% (-1.4ppts) Customers' Deposits by Type (%) and YTD change (ppts) Domestic 96.1% (+0.1ppts) Int'l 3.9% (-0.1ppts) Customers' Deposits by Geography (%) and YTD change (ppts) 469 449 419 466 500 132 154 130 134 13332 31 31 26 26 632.7 634.2 579.8 626.4 658.7 +14% QoQ +0% -9% +8% +5% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Customers' Deposits (¥bn) CASA Time Other
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¥ (mn) 2Q 2025 2Q 2024 Δ 1H 2025 1H 2024 Δ NSCI 7,087 7,052 +0% 14,341 13,964 +3% Fee & other income 2,420 1,864 +30% 4,781 3,892 +23% Total operating income 9,507 8,916 +7% 19,122 17,856 +7% Operating expenses1 (2,560) (2,543) +1% (5,081) (5,000) +2% Impairments 173 (120) -244% 139 (775) -118% Income from operations 6,915 6,048 +14% 13,769 11,671 +18% Hyperinflation adjustment (64) (192) -67% (191) (218) -12% Other income (expenses)2 14 (126) -111% 6 (28) -121% Net income before zakat & tax 6,865 5,729 +20% 13,584 11,426 +19% Zakat & tax (738) (561) +31% (1,473) (1,202) +23% Net income after zakat & tax 6,127 5,168 +19% 12,111 10,224 +18% NCI 10 63 -84% 48 46 +3% Net income 6,137 5,231 +17% 12,159 10,270 +18% EPS 0.99 0.84 +17% 1.95 1.66 +17% ROTE3 17.4% 16.3% +111bps 17.3% 16.3% +93bps NSCI Margin5 2.79% 3.08% -29bps 2.91% 3.09% -18bps Cost to income ratio 26.9% 28.5% -160bps 26.6% 28.0% -143bps Cost of risk -0.10% 0.09% -19bps -0.04% 0.26% -30bps Net income growth driven by revenue uplift, cost discipline and low impairments reflecting strong asset quality Income Statement Highlights 1 Operating expenses exclude amortization of intangibles of ¥ 410mn in 1H 2025 and 1H 2024, ¥ 205mn in 2Q 2025 and 2Q 2024 | 2 Other includes amortization of intangibles, other non-operating expenses and zakat | 3 After deducting Tier 1 Sukuk cost | 4 Before deducting Tier 1 Sukuk and Amortization of Intangible costs | 5 NSCI margin calculation excludes FV unwind of ¥ 138mn (1H 2024: ¥ 181mn) | 2Q 2025 - Investor Presentation 32 16.3% 16.3% 16.2% 17.5% 17.3% 2.0% 2.0% 2.1% 2.2% 2.2% 17.6% 17.5% 17.5% 19.1% 18.7% 1H 24 9M 24 FY 24 1Q 25 1H 25 Returns YTD (%) ROTE ROTA ROTE, adjusted 2025 Guidance ROTE: 16%-17% ROTE, adj.4: 17.5%-18.5% 5,368 5,386 5,615 6,075 6,136 (137) (20) (59) (53) 15,231 5,366 5,557 6,022 6,137 +17% QoQ +3% +4% +8% +2% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Net Income (¥mn) Group, excl. Int'l Int'l
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 0.4 0.3 0.7 0.3 0.5 (0.9) 14.0 13.5 14.0 14.3 +5% +3% +12% +7% +3% +4% 1H 24 Int'l Group Ex Int’l Retail financing Wholesale financing Inv. & placements CoF Group Ex Int’l Int'l 1H 25 Net Special Commission Income Movement YoY (¥bn) 3% YoY NSCI growth from asset expansion… NSCI & Margin Int manual positives | 2Q 2025 - Investor Presentation 33 14,381 15,029 14,882 14,323 15,161 +5% QoQ +4% -1% -4% +6% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Special Commission Income (¥mn) 7,328 8,165 7,978 7,069 8,074 +10% QoQ +11% -2% -11% +14% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Special Commission Expense (¥mn) 2025 Guidance Low-to-mid single digit growth Retail 59.0% Wholesale 36.8% Capital Markets 1.7% Int'l 2.5% Net Special Commission Income Composition, YTD (%) 7,052 6,864 6,904 7,254 7,087 +0% QoQ -3% +1% +5% -2% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 NSCI (¥mn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest …and declining NSCI Margin YoY NSCI & Margin 1 Domestic: -17bps Int’l: -4bps 1 NSCI margin calculation excludes FV unwind of ¥ 138mn (1H 2024: ¥ 181mn) | 2Q 2025 - Investor Presentation 34 0.02% 0.07% -0.11% -0.15% -0.04% 3.13% 2.91% -21bps 1H 24 Retail financing Wholesale financing Investments & placements CoF Int'l 1H 25 Net Special Commission Margin Movement YoY (%) 328 351 275 320 255 28029 33886.7 982.7 +11% 1H 24 1H 25 Average Earning Assets (¥bn) Retail financing Corporate financing Investments & Placements Int'l 113 117 443 420 200 29429 3142 36827.1 898.4 +9% 1H 24 1H 25 Average Cost Bearing Liabilities (¥bn) Time deposits Demand deposits Wholesale funding Int'l funding Other
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 2Q 2025 Margin was pressured primarily by higher CoF NSCI & Margin 1 NSCI margin calculation excludes FV unwind of ¥ 138mn (1H 2024: ¥ 181mn) 1 3Q24 Margin manual | 2Q 2025 - Investor Presentation 35 1Q25 CoF manual 3.08% 2.89% 2.92% 3.05% 2.79% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Group NSCI Margin QTR (%) 3.07% 2.94% 2.98% 3.05% 2.83% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Group, excl Int'l, NSCI Margin QTR (%) 5.79% 5.82% 5.71% 5.57% 5.52% 2.92% 3.08% 2.94% 2.79% 2.95% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Group, excl Int'l, Commission Yield & Funding Cost QTR (%) Commission yield CoF 1 6.34% 6.40% 6.33% 6.05% 6.00% 3.47% 3.75% 3.65% 3.30% 3.49% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Group Commission Yield & Funding Cost QTR (%) Commission yield CoF
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Fee and Other Income growth accelerated, driven by FX, investment income, trade finance and International, partly offset by lower brokerage income Fee & Other Income 1 Other is “Other operating income (expense), net” as per the Financial Statements, Other includes Cash management, POS, NEO and Remittance income 1 1 | 2Q 2025 - Investor Presentation 36 182 264 259 537 339 (15) 3,892 3,553 4,243 4,781 +10% +43% +15% +2% +23% +19% 1H 24 Int'l Group Ex Int’l Fee income from banking services FX Inv.-related Other Group Ex Int’l Int'l 1H 25 Fee and Other Income Movement YoY (¥mn) 285 156 398 290 (194) (63) (3) 2,191 1,901 2,083 2,481 -55% -11% -1% +84% +79% +13% +10% 1H 24 Int'l Group Ex Int’l Brokerage Inv. Mgt. Financing & cards Trade finance Other Group Ex Int’l Int'l 1H 25 Fee Income From Banking Services, Net Movement YoY (¥mn) 1,031 1,216 1,085 1,237 1,243 418 469 522 534 592 776 1,035 886 905 959 (362) (389) (410) (315) (374) 1,864 2,330 2,084 2,361 2,420 +30% QoQ +25% -11% +13% +3% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Fee & Other Income (¥mn) Banking services FX Inv.-related Other 21.2% Retail 35.7% Wholesale 27.1% Capital Markets 16.9% Int'l Fee Income From Banking Services, Net YTD Composition (%)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Domestic Operating expenses held steady; both Group and Domestic CIR improved further Operating Expenses 1 Operating expenses exclude amortization of intangibles of ¥ 410mn (1H 2024: ¥ 410mn) 11 1 1 Domestic: -166bps Int’l: +23bps | 2Q 2025 - Investor Presentation 37 15 136 772 707 (14) (121) 5,000 4,293 4,310 5,081 +1% -7% -18% +10% +2% +0% 1H 24 Int'l Group Ex Int’l Employee- related Premises Depreciation G&A Group Ex Int’l Int'l 1H 25 Total Operating Expenses, Excl Intangibles Amortization Movement YoY (¥mn) 28.0% 28.4% 28.3% 26.2% 26.6% 25.2% 25.6% 25.4% 23.3% 23.6% 1H 24 9M 24 FY 24 1Q 25 1H 25 Cost to Income Ratio YTD (%) Cost to Income Ratio Group, excl. Int'l 2025 Guidance Group: Below 27% Domestic: Below 24% 1,213 1,221 1,048 1,255 1,221 128 137 119 123 119 435 447 494 349 412 768 859 887 794 808 2,543 2,664 2,548 2,522 2,560 +1% QoQ +5% -5% -1% +2% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Operating Expenses (¥mn) Employee-related Premises Depreciation G&A 28.0% 0.1% 0.4% -1.7% -0.1% 26.6% -143bps 1H 24 Domestic NOR Domestic OPEX Int'l NOR Int'l OPEX 1H 25 Cost to Income Ratio Movement YoY (%)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 0.26% 0.22% 0.16% 0.02% -0.04% 0.27% 0.22% 0.16% -0.00% -0.06% 1H 24 9M 24 FY 24 1Q 25 1H 25 Cost of Risk YTD (%) Group Group, excl. Int'l Cost of Risk came in at -4bps, supported by recovery efforts with meaningful inflows from fully provisioned and legacy exposures across both Retail and Wholesale Financing Credit Impairments & Cost of Risk 1 COR including POCI| 2Q 2025 - Investor Presentation 38 2025 Guidance 5 to 15 bps 1 Domestic: -32bps Int’l: +2bps 0.02%-0.05% -0.27% 0.26% -0.04% -30bps 1H 24 Retail Wholesale Int'l 1H 25 Cost of Risk Movement YoY (%) (22) 48 (882) (128) 801 823 (187) (139) -189% -36% -117% -123% 1H 24 Int'l Group Ex Int’l Wholesale Retail Group Ex Int’l Int'l 1H 25 Impairment Charge for Financing and Advances Losses Movement YoY (¥mn) 177 4 (182) (30) 35 12 148 31 (170) -215% -648% QoQ 2Q 24 1Q 25 2Q 25 Impairment Charge for Financing and Advances Losses (¥mn) Group Ex Int’l Int'l
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 5.8 2.3 (1.0) (0.8) (0.1) 7.7 8.1 -45% -16% -21% -24% NPLs 4Q 24 Retail Wholesale Int'l NPLs 2Q 25 POCI balance Impaired financing 2Q 25 Credit Impaired Financing Movement YTD (¥bn) 1 Group including POCI : 1.12% Asset quality improved with the NPL Ratio decreasing to 0.81%... Credit Quality 1 Domestic: -24% Int’l: -21% | 2Q 2025 - Investor Presentation 39 1.11% 1.13% 1.16% 0.91% 0.81%1.08% 1.09% 1.13% 0.89% 0.78% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 NPL Ratio (%) Group Group, excl. Int'l Commerce 26.0% Manufacturing 17.2% Consumer 20.9% Building & construction 21.0% Other 14.8% NPL Composition by Sector (%) Retail 20.9% Wholesale 73.3% Int'l 5.7% NPL Composition (%)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest …with healthy stage-wise coverage Credit Quality | 2Q 2025 - Investor Presentation 40 (0.1) (2.2) (0.3) 11.2 8.6 -5% -60% -6% -23% 2Q 24 Stage 1 Stage 2 Stage 3 2Q 25 ECL Allowance Movement YoY (¥bn) 3 2 2 2 2 4 4 1 1 1 5 5 7 6 5 11.2 11.2 10.4 9.4 8.6 QoQ -0% -7% -9% -9% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 ECL Allowance by Stage (¥bn) Stage 1 Stage 2 Stage 3 611 629 636 687 692 27 27 18 19 237 8 8 7 6645.5 663.5 662.2 713.4 721.2 +9% QoQ +3% -0% +8% +1% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Total Financing & Advances, Gross by Stage (¥bn) Stage 1 Stage 2 Stage 3 0.41% 0.38% 0.35% 0.34% 0.34% 13.5% 14.1% 8.0% 7.2% 6.4% 67.5% 65.2% 84.1% 81.7% 76.4% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Coverage by Stage (%) Stage 1 Stage 2 Stage 3
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 19.3% 19.4% 20.8% 19.3% 20.6% 16.6% 16.7% 17.6% 16.3% 17.3% 18.5% 18.6% 20.3% 18.8% 19.5% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Capitalization Ratios (%) CAR CET1 ratio Tier 1 ratio 157.1 12.2 1.3 2.3 (6.0) (0.4) 166.5 +6% 4Q 24 Net income Dividend payout OCI Net AT1 & T2 FX reserve & Other 2Q 25 Total Eligible Capital Movement YTD (¥bn) Capitalization remains strong, supported by solid net income generation and AT1 & T2 issuances, despite robust financing growth and dividends in 1H 2025 Capitalization 2025 Guidance Tier 1 CAR: 19-20% | 2Q 2025 - Investor Presentation 41 125 129 133 133 140 14 14 20 20 186 6 4 4 9146.2 150.2 157.1 157.9 166.5 QoQ +3% +5% +1% +5% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Total Eligible Capital (¥bn) CET1 Additional tier 1 capital Tier 2 capital 701 714 685 751 740 39 39 39 39 39 16 19 30 29 29756.2 772.6 754.3 818.4 807.6 +7% QoQ +2% -2% +8% -1% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Risk weighted assets (¥bn) Credit risk Operational risk Market risk
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Liquidity is strong and stable Liquidity | 2Q 2025 - Investor Presentation 42 695.0 707.3 693.3 730.9 761.9 110.4% 109.4% 106.6% 106.6% 112.4% QoQ +2% -2% +5% +4% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% 0 200 400 600 800 1,000 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Stable Funding (¥bn/%) Available stable funding NSFR 78.8% 79.8% 84.0% 82.5% 79.2% 90.0% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 SAMA Loan-to-Deposit Ratio (%) SAMA LDR Regulatory ceiling 179.7 168.6 169.4 172.1 166.7 280.9% 283.9% 265.2% 245.5% 227.4% QoQ -6% +0% +2% -3% -100.0% -50.0% 0.0% 50.0% 100.0% 150.0% 200.0% 250.0% 300.0% 0 50 100 150 200 250 300 350 400 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Liquidity Coverage (¥bn/%) HQLA LCR 1,159.8 1,197.7 1,158.2 1,241.4 1,266.812.0% 12.0% 13.2% 12.4% 12.4% QoQ +3% -3% +7% +2% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Leverage (¥bn/%) Leverage ratio exposure Basel III leverage ratio
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Segmental Review 07
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 521 669 983 6 (17) 11,488 13,650 +4% +19% +0% -123% +19% 1H 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) 1H 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 2Q 2025 2Q 2024 Δ 2Q 2025 4Q 2024 Δ Total assets 1,165,793 1,056,595 +10% 1,165,793 1,072,079 +9% Financing and advances, net 695,276 620,164 +12% 695,276 637,088 +9% Total liabilities 971,526 880,323 +10% 971,526 882,495 +10% Customers' deposits 632,936 608,994 +4% 632,936 556,673 +14% NPL ratio 0.78% 1.08% -29bps 0.78% 1.13% -34bps NPL coverage ratio 148.6% 159.0% -10.4ppt 148.6% 137.1% +11.5ppt 1H 2025 1H 2024 Δ 2Q 2025 4Q 2024 Δ Net special commission income 13,989 13,468 +4% 6,945 6,819 +2% Fee & other income 4,243 3,574 +19% 2,136 1,783 +20% Total operating income 18,232 17,042 +7% 9,081 8,602 +6% Operating expenses1 (4,310) (4,293) +0% (2,174) (2,128) +2% Impairment charge 186 (797) -123% 185 (4) -5312% Other income (expenses)2 (459) (464) -1% (229) (23) +911% Net income before zakat & tax 13,650 11,488 +19% 6,863 6,243 +10% Zakat and income tax expense (1,438) (1,150) +25% (727) (627) +16% Net income 12,212 10,337 +18% 6,136 5,615 +9% NSCI margin3 2.94% 3.11% -18bps 2.83% 2.98% -15bps Cost to income ratio 23.6% 25.2% -155bps 23.9% 24.7% -80bps Cost of risk -0.06% 0.27% -33bps -0.11% -0.01% -9bps 19% net income before zakat growth YoY on solid revenue and low impairments Domestic (Group, Excl. Int’l) 1 Operating expenses exclude amortization of intangibles of ¥ 410mn (1H 2024: ¥ 410mn) | 2 Other income (expenses) includes other non- operating expenses and amortization of intangibles | 3 NSCI margin calculation excludes FV unwind of ¥ 138mn (1H 2024: ¥ 181mn) | 2Q 2025 - Investor Presentation 44 Operating income: +7% 1 2 556.7 601.2 632.9 +14% +5% QoQ 4Q 24 1Q 25 2Q 25 Customers' Deposits (¥bn) 637.1 688.2 695.3 +9% +1% QoQ 4Q 24 1Q 25 2Q 25 Financing & Advances, net (¥bn)
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13 52 143 (81) (4) 4,991 5,115 -1% +10% -2% -40% +15% +2% 1H 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) 1H 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 2Q 2025 2Q 2024 Δ 2Q 2025 4Q 2024 Δ Total assets 431,140 420,854 +2% 431,140 428,303 +1% Financing and advances, net 343,192 333,692 +3% 343,192 343,586 -0% Total liabilities 381,943 377,274 +1% 381,943 354,065 +8% Customers' deposits 371,738 366,515 +1% 371,738 343,886 +8% 1H 2025 1H 2024 Δ 2Q 2025 4Q 2024 Δ Net special commission income 8,460 8,541 -1% 4,247 3,951 +8% Fee & other income 153 140 +10% 56 201 -72% Total operating income 8,613 8,681 -1% 4,303 4,152 +4% Operating expenses (3,251) (3,304) -2% (1,607) (1,616) -1% Impairments (214) (357) -40% (176) (580) -70% Other income (expenses) (33) (28) +15% (10) (14) -32% Net income before zakat & tax 5,115 4,991 +2% 2,510 1,942 +29% Cost to income ratio 37.7% 38.1% -31bps 37.3% 38.9% -157bps Cost of risk 0.13% 0.22% -8bps 0.22% 0.67% -46bps 2% net income before zakat growth YoY on higher Fee & other income and low impairments Retail Operating income: -1% | 2Q 2025 - Investor Presentation 45 343.9 369.0 371.7 +8% +1% QoQ 4Q 24 1Q 25 2Q 25 Customers' Deposits (¥bn) 343.6 351.8 343.2 -0% -2% QoQ 4Q 24 1Q 25 2Q 25 Financing & Advances, net (¥bn)
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580 839 841 9 (74) 5,499 7,695 +12% +36% +7% -191% -38% +40% 1H 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) 1H 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 2Q 2025 2Q 2024 Δ 2Q 2025 4Q 2024 Δ Total assets 705,139 614,809 +15% 705,139 620,429 +14% Financing and advances, net 348,175 283,519 +23% 348,175 290,053 +20% Total liabilities 575,795 496,153 +16% 575,795 517,142 +11% Customers' deposits 261,159 242,433 +8% 261,159 211,999 +23% 1H 2025 1H 2024 Δ 2Q 2025 4Q 2024 Δ Net special commission income 5,283 4,703 +12% 2,579 2,741 -6% Fee & other income 3,165 2,325 +36% 1,611 1,353 +19% Total operating income 8,448 7,028 +20% 4,190 4,093 +2% Operating expenses (1,138) (1,068) +7% (605) (492) +23% Impairments 400 (441) -191% 361 577 -37% Other income (expenses) (14) (23) -38% (12) (5) +164% Net income before zakat & tax 7,695 5,496 +40% 3,933 4,174 -6% Cost to income ratio 13.5% 15.2% -172bps 14.4% 12.0% +244bps Cost of risk -0.25% 0.33% -59bps -0.43% -0.79% +37bps 40% net income before zakat growth YoY supported by operating income growth and low impairments Wholesale Operating income: +20% | 2Q 2025 - Investor Presentation 46 212.0 231.2 261.2 +23% +13% QoQ 4Q 24 1Q 25 2Q 25 Customers' Deposits (¥bn) 290.1 332.7 348.2 +20% +5% QoQ 4Q 24 1Q 25 2Q 25 Financing & Advances, net (¥bn)
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21 2 1 (183) (0) 1,000 840 +10% -17% -0% -48% -33% -16% 1H 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) 1H 25 Net Income Before Zakat & Tax Movement YoY (¥mn) Net income before zakat decreased 16% YoY impacted by lower market activity Capital Markets Operating income: -12% ¥ (mn) 2Q 2025 2Q 2024 Δ 2Q 2025 4Q 2024 Δ Total assets 29,514 20,931 41% 29,514 23,348 26% Financing and advances, net 3,910 2,953 32% 3,910 3,450 13% Total liabilities 13,788 6,895 100% 13,788 11,288 22% Fiduciary assets1 273,896 262,059 5% 273,896 264,767 3% 1H 2025 1H 2024 Δ 2Q 2025 4Q 2024 Δ Net special commission income 246 225 10% 119 128 -7% Fee & other income 926 1,109 -17% 469 229 105% Total operating income 1,171 1,333 -12% 588 357 65% Operating expenses -330 -332 0% -167 -226 -26% Impairments 0 1 -48% 0 -1 -150% Other income (expenses) -2 -3 -33% -2 -4 -52% Net income before zakat & tax 840 1,000 -16% 420 127 232% Fees from assets management 420 507 -17% 206 180 14% Fees from securities 155 299 -48% 76 25 205% | 2Q 2025 - Investor Presentation 47 181 175 134 107 98 -46% QoQ -3% -23% -20% -8% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Brokerage Volume Traded (¥bn) 262 273 265 273 274 +3% QoQ +4% -3% +3% +0% 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Fiduciary Assets (¥bn)1 1 Includes asset management, securities and cash
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220 55 (143) (65) (70) (62) (66) -29% +69% +9% -313% -29% 1H 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) 1H 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 2Q 2025 2Q 2024 Δ 2Q 2025 4Q 2024 Δ Total assets 35,205 31,517 +12% 35,205 32,075 +10% Financing and advances, net 19,562 17,071 +15% 19,562 17,165 +14% Total liabilities 31,585 27,798 +14% 31,585 28,384 +11% Customers' deposits 25,740 23,699 +9% 25,740 23,089 +11% NPL ratio 1.68% 2.29% -62bps 1.68% 2.40% -73bps NPL coverage ratio 126.3% 109.1% +17.2ppt 126.3% 103.4% +22.8ppt 1H 2025 1H 2024 Δ 2Q 2025 4Q 2024 Δ Net special commission income 352 495 -29% 142 84 +69% Fee & other income 538 318 +69% 284 302 -6% Total operating income 890 814 +9% 427 386 +11% Operating expenses (772) (707) +9% (386) (420) -8% Impairments (48) 22 -313% (12) (18) -33% Other income (expenses) (136) (191) -29% (27) (13) +111% Net income before zakat & tax (66) (62) -6% 1 (65) +102% Zakat & income tax (35) (52) -33% (11) (30) -65% NCI 48 46 +3% 10 37 -72% Net income (53) (67) +22% 1 (59) +101% NSCI margin 2.17% 3.53% -136bps 1.62% 0.94% +69bps Cost to income ratio 86.7% 86.9% -13bps 90.5% 108.8% -1830bps Cost of risk 0.51% -0.27% +78bps 0.25% 0.41% -15bps 6% net income before zakat contraction impacted by NSCI and Impairments, despite strong Fee & other income growth International Operating income: +9% | 2Q 2025 - Investor Presentation 48 23.1 25.2 25.7 +11% +2% QoQ 4Q 24 1Q 25 2Q 25 Customers' Deposits (¥bn) 17.2 18.3 19.6 +14% +7% QoQ 4Q 24 1Q 25 2Q 25 Financing & Advances, net (¥bn) -6%
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Appendix 08
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest SNB was founded as NCB in 1953 and then formed through the merger with Samba Financial Group in 2021 SNB History 1953 1997 2014 2021 A Beginning In 1953, the National Commercial Bank (NCB) was formed by Royal Decree The Largest and Fastest Merger in the Region In 2021, NCB merged with Samba Financial Group; creating the Saudi National Bank, KSA’s National banking champion and regional financial powerhouse Largest Initial Public Offering (IPO) In 2014, NCB went public with its benchmark ¥ 22.5bn IPO that was the largest the region had seen Continued Growth In 1997, NCB was converted to a joint stock company | 2Q 2025 - Investor Presentation 50
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest ▪ During 2022, the Turkish economy was identified to be hyperinflationary based under IAS 29. ▪ This standard requires non-monetary assets & liabilities be restated to reflect the changes in the general purchasing power of the reporting currency while keeping the monetary assets at their current values. ▪ Restatement is carried out by applying conversion factors derived from general price indices. The index published by the Turkish Statistical Institute is used to arrive at these conversion factors. Hyperinflationary adjustments came at ¥ 191mn for 1H 2025 Hyperinflation 1 Net income attributable to equity holders | 2 Operating expenses exclude amortization of intangibles Classification of Turkey as a hyperinflationary economy Resulting in hyperinflation adjustments impacting Group net income1 2 | 2Q 2025 - Investor Presentation 51 1,352 1,691 1,859 2,139 2,319 2,526 2,685 2,955 3,132 +35% +72% +25% +10% +15% +8% +9% +6% +10% +6% 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 CPI Index 339 441 25 218 321 406 127 191 ¥ -27mn (-12%) 9M 23 FY 23 1Q 24 1H 24 9M 24 FY 24 1Q 25 1H 25 Hyperinflation Adjustment (¥mn) 18,232 186 138 (4,310) (1,897) (191) 12,212 12,159 Total operating income Operating expenses Risk cost Others Core domestic net income Hyper- inflation adjustment (HIA) Int'l Ex HIA 1H 25 Net income Net Income Contribution (¥mn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest SNB Financial Ratio Definitions Definitions 1 After deducting Tier 1 Sukuk cost | 2 Tangible Equity excludes Goodwill, Intangible Assets, Perpetual Sukuk, and Minority Interest Net Special Commission Income Margin (NSCI Margin; also known as NIM) Annualized Net Special Commission Income excluding FV adjustment / Average commission earning assets Cost to Income Ratio (CIR) Total Operating Expense excluding Amortization of Intangible Costs / Total Operating Income Cost of Risk (CoR) Expected Credit Losses / Average Gross Financing and Advances including POCI Tier 1 CAR Total Tier 1 Capital (CET 1 + Additional Tier 1) / Risk Weighted Assets (RWA) Return on Tangible Equity (ROTE) Annualized Net Income1 / Average Tangible Equity2 ROTE, adjusted Annualized Net Income (before deducting Tier 1 Sukuk and Amortization of Intangible Costs) / Average Tangible Equity2 | 2Q 2025 - Investor Presentation 52
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Additional Information | 2Q 2025 - Investor Presentation 53 Write to Us The Saudi National Bank Tower, Unit No. 778 King Abdullah Financial District 3208, Al Aqeeq District, King Fahad Road Riyadh, Kingdom Of Saudi Arabia, 13519 - 6676 Email Us ir@alahli.com Access SNB’s current and previous Investor Disclosures SNB Investor Disclosures Access SNB’s 2Q 2025 Earnings Call Replay SNB’s 2Q 2025 Earnings Call Replay Access SNB’s Sustainability Reports SNB Sustainability Reports Visit our website alahli.com
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Disclaimer The Saudi National Bank (SNB) prepared this presentation on a proprietary basis as general background information about the activities of SNB. The information contained herein is given in summary form and for discussion purposes only. Some of the information that is relied upon by SNB is obtained from sources believed to be reliable, but SNB (nor any of its directors, officers, employees, agents, affiliates or subsidiaries) does not guarantee the accuracy or completeness of such information, and disclaims all liability or responsibility for any loss or damage caused by any act taken as a result of the information. This presentation including the information covered therein is not intended either to be relied upon or construed as an advertisement for, or an offer, solicitation or invitation to sell or issue, or to subscribe, underwrite or otherwise acquire any securities in any jurisdiction. It should and must not be treated as giving tax, legal, investment or other specialist advice or a recommendation to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. Neither shall any part of this information nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision or commitment relating thereto, nor does it constitute a recommendation regarding the subject of this presentation. All statements included in this presentation other than statements of historical facts, including, without limitation, those regarding financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives) are forward-looking statements and may thus include words like "anticipate", "believe", "intend", "estimate", "expect", "will", "may", "project", "plan" and such other words of similar meaning. Such forward-looking statements are based on numerous assumptions regarding present and future business strategies and the relevant future business environment. Any forward-looking statements speak only as of the date of this presentation and SNB expressly disclaims to the fullest extent permitted by law any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Nothing in the foregoing is intended to or shall exclude any liability for, or remedy in respect of, fraudulent misrepresentation. Due to rounding, numbers and percentages presented throughout this presentation may not add up precisely to the totals provided. SNB is not under any obligation to update, complete, amend, revise or keep current the information contained herein, and any opinions expressed herein are subject to change materially without notice. Accordingly, no representation or warranty, express or implied, is or will be made by SNB, their respective advisors or any such persons’ directors, officers or employees, or any other person as to the accuracy, completeness or fairness of the information or opinions contained in this presentation, and any reliance you place on them will be at your sole risk. Investors must rely solely on their own examinations of the Offering and relevant documentation in making a determination as to whether to invest in the securities described. An investor should seek independent professional advice when deciding if an investment is appropriate. Securities that may be discussed herein may not be suitable for all investors. Investors are required to make their own independent investigation and appraisal of the business and financial condition of SNB and its subsidiaries, the nature of the securities and the merits or suitability of the securities or any transaction to any investor’s particular situation and objectives, including the possible risks and benefits of purchasing any securities. Any such determination should involve an assessment of the legal, tax, accounting, regulatory, financial, credit or other related aspects of the offering or the securities. Without prejudice to the foregoing, SNB, their advisors and any such persons’ directors, officers or employees expressly disclaim any liability whatsoever, in negligence or otherwise, for any loss howsoever arising, directly or indirectly, from use of, or reliance on, this presentation or its contents or otherwise arising in connection therewith. | 2Q 2025 - Investor Presentation 54