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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 4Q 2025 Investor Presentation February 2026
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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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93% 68% 99% 98% 81% 53% 19% 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 4Q 2025, unless otherwise specified | 1 Net Income Attributable to Equity Holders | 2 CIR excluding amortization of intangibles| 3 After Tier 1 Sukuk and Intangible costs | 4 Unsolicited | 5 Includes Itqan (2,957 employees) – fully owned subsidiary engaged in recruitment services within the Kingdom of Saudi Arabia | 6 As of 31/01/2026 | 4Q 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 +10% YoY Total Financing +11% YoY Operating Income +9% YoY Net Income1 +18% YoY Cost of Risk -1bps YoY 15bps Cost/Income Ratio2 -522bps YoY ROTE3 +98bps YoY CET 1 CAR +16bps YoY Subsidiary TFKB (Turkey) 3,046 Employees 431 ATMs 224 branches Subsidiary Samba Bank (Pakistan) 1,110 Employees 72 ATMs 77 branches Offices in Shanghai & Seoul SNB Headquartered in Riyadh 7,778 SNB employees 3,800 ATMs 481 branches 93 Remitt. centers NEO Lifestyle Banking & Financial Ecosystem Subsidiary SNB Capital (KSA) 440 Employees 27 branches Wholesale Branches Bahrain, UAE, Qatar & Singapore Customers Employees5 Market Cap6 15.0Mn 15,331 ¥ 269.2Bn Retail User Penetration Retail Digital Transactions Wholesale eCorp Digital Transactions Retail Account Opening POS terminals market share Wholesale User Penetration Robust credit standing Ratings LT ST Outlook S&P A A-1 Stable Fitch A F1 Stable Moody’s4 Aa3 P-1 Stable CI AA- A1 Stable ¥ 729Bn ¥ 39.2Bn ¥ 25.0Bn 23.1% 17 .7%17 .2% Wholesale Account Opening
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 1,433 1,431 1,210 1,189 1,043 Peer 2 Peer 1 SNB Peer 3 Peer 4 Assets ( bn) 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 4Q 2025 data Assets SNB Rank in GCC #3 SNB Rank in KSA Financing Deposits Total Investments Operating Income Net Income #5 #2 #2 #1 #1 #2 #1 #1 #1 Top 5 Banks in GCC by Rank 50.4 39.2 39.1 37.4 22.6 Peer 3 SNB Peer 4 Peer 2 Peer 5 Operating Income (SARbn) 1,047 753 729 646 629 Peer 1 Peer 4 SNB Peer 3 Peer 2 Financing (SARbn) 25.0 24.8 24.5 21.6 17.5 SNB Peer 4 Peer 3 Peer 2 Peer 1 Net Income (SARbn) #2 #3 | 4Q 2025 - Investor Presentation 5 (¥bn) (¥bn) (¥bn) (¥bn)
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1,210 354 352 320 262 398 3,430 1,496 924 664 942 2,220 Leading, diversified franchise SNB market position as of 4Q 2025 Sources: SNB, Bank Financial Statements | 1 As of 3Q 2025 | 2 Market share is based on Performing Financing and Advances KSA Total Market Overall Banking (Assets) SNB Market Share in ¥bn SNB Market Share in % Rank KSA Wholesale Banking2 (Domestic Financing) Retail Banking2 (Domestic Financing) Treasury (Investments) Asset Management1 (AUMs) Brokerage (Value Traded) 26% 19% 28% 33% 22% 15% ¥ 4,640Bn ¥1,850Bn ¥1,276Bn ¥ 984Bn ¥1,204Bn ¥2,618Bn #1 #1 #2 #1 #1 #2 | 4Q 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| 4Q 2025 - Investor Presentation 8 4.0 -6.0 -3.0 0.0 3.0 6.0 9.0 12.0 15.0 2016 2018 2020 2022 2024 2026F Non-Oil GDP (% Y/Y change) 1.7 -3.0 -2.0 -1.0 0.0 1.0 2.0 3.0 4.0 5.0 2016 2018 2020 2022 2024 2026F Inflation (%), YoY change -165 -3.3 -20.0 -15.0 -10.0 -5.0 0.0 5.0 -400 -300 -200 -100 0 100 200 2016 2018 2020 2022 2024 2026F Fiscal Balance Fiscal balance (¥bn) % of GDP (RHS) 65 60 0 20 40 60 80 100 120 140 Jan-16 Jan-18 Jan-20 Jan-22 Jan-24 Jan-26 Average Monthly Oil Prices (US$/bbl) Brent WTI 103.1 103.9 104.8 102.8 103.9 105.2 103.8 105.1 106.5 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 +4.7 +8.0 +4.0 -15.0 -10.0 -5.0 +0.0 +5.0 +10.0 +15.0 +20.0 2016 2018 2020 2022 2024 2026F Real GDP Growth (% Y/Y change) Real GDP Oil Activities Non-Oil Activities
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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| 4Q 2025 - Investor Presentation 9 11.5 8.7 0.0 5.0 10.0 15.0 20.0 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Overall Banking Industry Lending & Deposits (Y/Y % change) Total Lending Total Deposits 0.6 0.2 -2.0 -1.0 0.0 1.0 2.0 3.0 4.0 Dec-23 Jun-24 Dec-24 Jun-25 Dec-25 Overall Banking Industry Lending by Sector (M/M % change) Corporate Loans Personal Loans 6,702 -11.0 -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 2025YTD Average Monthly Value of Gross Mortgage Origination by All Banks (¥bn) Avg. Monthly Originations % Y/Y (RHS) 80.3 112.7 70.0 80.0 90.0 100.0 110.0 120.0 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Overall Banking Industry Loan to Deposit Ratio (%) Regulatory LTD ratio Headline LTD ratio 8.4 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 Dec-25 Annual Money Supply (% Y/Y change) 5.0 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 2015 2017 2019 2021 2023 4Q 2025 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 SNB Strategy 2025-2027 | 4Q 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
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Financing growth CAGR 2024-27 ¥ 654bn Low teens Low double digit CASA growth CAGR 2024-27 ¥ 419bn Low teens High single to low double digit NSCI growth CAGR 2024-27 ¥ 27.7bn Low double digit High single digit Banking fee growth CAGR 2024-27 ¥ 4.4bn High teens Mid Teens Group CIR 28.3% <25.5% <24% Domestic CIR 25.3% <23% <22% CoR 16 bps 20-40 bps 20-30 bps Tier 1 CAR 20.3% 19-20% 19-20% ROTE ROTE, adjusted 16.2% 17.5% 17-18% 18-19% 17-18% 18-19% Dividend payout 2025-27 54% 50-60% 50-60%2 2027 target updates deliver sustainable, value-driven growth while sustaining strong returns 1 Refer to Definitions appendix | 2 Subject to market dynamics 12 Strategy KPIs Review Metrics1 2024 Baseline 2027 Initial Targets 2027 Targets Updated | 4Q 2025 - Investor Presentation Topline growth adjustments reflecting the value-driven domestic growth and updated sector fees… …with further efficiency improvements and resilient capitalization… …to sustain strong returns
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Strategy KPIs Review Strong momentum across non-financial 2027 targets Increased product suite availability on the app & leveraged on branch digital migration through referrals Customer activation driven by marketing campaigns Data Use cases projected to exceed KPI and are already yielding results across deposits, sales & cross-sell Area Growth Metrics 2024F Baseline Progress 2025, YoY Customer centricity Innovation Share of Retail digital financing sales 15% SNB NEO customers 1 mn Data Use Cases 3 31% ~1.3 mn 17 SNB Capital leadership 2027 Targets & Commentary Talent magnet Organizational Health Index (OHI) Baseline Training Days per Employee 2.5 - 3.6 +20% 2026 OHI pulse survey achieved record participation rates, reflecting employee trust +15% 44% increase in training reflecting the bank’s commitment to talent development AUM market share #1 Investment Banking market share #2 Brokerage market share #2 #1 #2 #2 #1 #1 #1 SNBC continued to be the leading Saudi Capital Market Institution with around SAR 100 million more in AUM than its closest competitor, as per latest CMA disclosure SNBC recorded 15.2% market share in 2025, maintaining 2nd position amidst increasing pressure from Foreign CMIs Customer Experience revamp underway New Voice of Customer Framework in development, building on the existing CX successes Creating a unified and elevated SNB experience across channels Deepening customer engagement within customer journeys and product lifecycle Targeting best in class CX in the Kingdom, in -line with Global standards, guided by a detailed CX maturity assessment exercise Updates planned for 2H 2026 | 4Q 2025 - Investor Presentation 30% >5 mn >30 13
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 2025 provides a solid foundation for achieving SNB’s objectives and catalyzing Saudi Arabia’s next phase of growth Strategic Priorities 14 1. Focus on profıtable, sustainable growth in KSA ROTE 17-18%1 Post T1 Sukuk Cost, with Domestic Focus 2. Transparent and progressive dividends Dividend Payout of 50-60%2 3. Sensible Capital Allocation Tier 1 CAR 19-20% 1 18-19% Pre T1 Sukuk Cost | 2 Subject to market dynamics | 3 Refer to Definitions appendix | 4 After Tier 1 Sukuk and Intangible costs | 4Q 2025 - Investor Presentation ROTE3 17 .2% ROTE, adj.4 18.6% Dividend payout 52% Tier 1 CAR 19.8%2025 Actual 2027 Key priorities and targets
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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 2025: Disciplined strategy execution reinforces SNB’s leadership, with scale, growth and efficiency driving profitability Group CEO’s Opening Remarks 16 Launched a new strategy cycle with clear priorities and ambitious targets Year 1 delivered & exceeded annual guidance and set strong foundation for strategy Operating discipline delivered record performance -48 bps +68% YoY +21% YoY Structural improvements driving faster execution and sustainably higher performance • Turnaround times improved: Corporate approvals -68%, Residential finance -35%, Lease finance -38% • NPS increased: Retail branches 86→89; Corporate 66→71 • OHI with higher staff engagement • Credit ratings upgraded by 3 agencies • Deepening Sustainability journey Market Share and Value Creation Operational Excellence Customer Centricity Innovation Talent Magnet Record Net Income4 ¥ 25.0bn +18% YoY MSME Total Credit6 ¥ 107bn +68% YoY Operating Income ¥ 39.2bn +9% YoY OPEX5 ¥ 9.1bn -11% YoY CASA ¥ 464bn +11% YoY +21% YoY Fee and other income ¥ 10.0bn Financing Growth: Low double digit NSCI Growth: Low-to-mid single digit Group CIR1: Below 26% Domestic CIR1: Below 23% Cost of Risk: 5 to 15 bps Tier 1 CAR: 19-20% ROTE2: 16.5%-17.5% ROTE, adj.3: 18%-19% +11% YoY 17.2% +5% YoY 19.8% 15bps 23.1% 20.3% 18.6% | 4Q 2025 - Investor Presentation 1 CIR excluding amortization of intangibles | 2 Refer to Definitions appendix | 3 After Tier 1 Sukuk and Intangible costs | 4 Net Income Attributable to Equity Holders | 5 Operating expenses exclude amortization of intangibles of ¥ 820mn in 2025 | 6 On-balance sheet MSME financing, net ¥ 80bn, +48% YoY 17.2% 18.6%
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest +5bps 2.85% QoQ < -15bps 2.87% YoY > -151bps 82.5% YoY > -502bps 20.3% YoY > +11% ¥ bn 729 YoY < +21% ¥ bn 354 YoY < SNB ended 2025 with record net income of ¥ 25bn, underpinned by healthy balance sheet growth, strong core revenues, record-low efficiency and solid credit quality ratios 1 Net of ¥ 3bn Securitization | 2 NPL Ratio excluding POCI | 3 Operating expenses exclude amortization of intangibles of ¥ 820mn in 2025 | 4 CIR excluding amortization of intangibles | 5 Net Income Attributable to Equity Holders | 6 After Tier 1 Sukuk and Intangible costs +10% ¥ bn 636 YoY < 2025 Financial Performance Highlights +74bps 73.0% YoY < -1bps 15bps YoY > from Wholesale financing Funded mainly by Customers’ deposits and maintaining risk costs, CoR delivering attractive profitability and improving CASA ratio Strong financing growth | 4Q 2025 - Investor Presentation 17 -522bps 23.1% YoY > while OPEX3 decreased by 11% YoY CIR Group4 CIR Domestic4 +98 bps 17.2% YoY > +18% 25.0 YoY > Net income5 ROTE6 +33bps 21.2% YoY < with healthy capital and liquidity -48bps 0.68% YoY > with a decreasing NPL ratio2 +3% 351 YoY < +8% 195 YoY < and Mortgage expansion Retail Mortgages1 ¥ bn although a declining NIM YoY Total CAR SAMA LDR +5% 29.2 YoY < 10.0 YoY < Operating income of ¥ 39.2bn, +9% YoY NSCI Fee & other income +21% ¥ bn ¥ bn ¥ bn ¥ bn
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 4.5 54.2 37.3 3.6 (4.2)910.9 1,006.2 +2% +10% +39% -9% +10% 4Q 24 Interbank Customers' deposits Debt securities & term loans Other liabilities Int'l 4Q 25 Total Liabilities Movement YoY (¥bn) Balance sheet expanded by 10% YoY, driven by growth in financing and investments, with domestic customers’ deposits growing 10% YoY Balance Sheet Summary Domestic: +10% Int’l +12% Domestic: +10% Int’l +13% | 4Q 2025 - Investor Presentation 18 3.4 28.2 72.1 3.7 (1.5)1,104.2 1,210.0 +6% +10% +11% -2% +12% +10% 4Q 24 Cash & interbank Investments Financing & advances Other assets Int'l 4Q 25 Total Assets Movement YoY (¥bn) 63 66 80 76 68 292 310 315 318 320 654 706 715 725 729 94 88 91 88 93 1,104.2 1,171.1 1,201.0 1,206.6 1,210.0 +10% QoQ +6% +3% +0% +0% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Total Assets (¥bn) Cash & interbank Investments Financing Other 185 195 175 205 190 580 626 659 639 636 95 105 119 121 133 51 51 50 45 47 910.9 977.0 1,003.1 1,009.6 1,006.2 +10% QoQ +7% +3% +1% -0% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 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 (59) 321 305 870 74 68 (867) 5,557 5,615 6,318 6,385 +5% +17% -41% 461X -9% +15% +13% 4Q 24 Int'l Group Ex Int’l NSCI Fee & other income Opex Impairments Other Group Ex Int’l Int'l 4Q 25 Quarterly Net Income Attributed To Equity Holders Movement YoY (¥mn) (146) 1,232 1,429 1,186 123 47 (343) 21,193 21,339 24,966 25,013 +5% +19% -14% -12% 10% +18% +17% FY 24 Int'l Group Ex Int’l NSCI Fee & other income Opex Impairments Other Group Ex Int’l Int'l FY 25 Full-Year Net Income Attributed To Equity Holders Movement YoY (¥mn) 16.2% 17.5% 17.3% 17.5% 17.2% 17.5% 19.1% 18.7% 18.9% 18.6% ROTE ROTE, adj. 2.1% 2.2% 2.2% 2.2% 2.2% FY 24 1Q 25 1H 25 9M 25 FY 25 Returns YTD (%) ROTA 18% YoY Net income growth driven by revenue uplift and cost discipline Income Statement Summary 1 Operating expenses exclude amortization of intangibles of ¥ 820mn in 2025 and 2024, ¥ 205mn in 4Q 2025 and 4Q 2024 | 2 Other includes amortization of intangibles, other non-operating expenses and zakat | 3 Refer to Definitions appendix Operating income: +¥ 625mn (+7%) 1 2 | 4Q 2025 - Investor Presentation Operating income: +¥ 2,661mn (+8%) 1 2 19 3 Achieved: 2025 Guidance ROTE 3: 16.5%-17.5% ROTE, adj.3: 18%-19% 5,615 6,436 6,318 (59) 32 685,557 6,469 6,385 +15% -1% QoQ 4Q 24 3Q 25 4Q 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 All segments contributed positively to Group net income Segmental Highlights | 4Q 2025 - Investor Presentation 20 19 73 10 4 1,104 1,210 +4% +12% +44% +12% +10% 4Q 24 Retail Whole- sale Capital Markets Int'l 4Q 25 Total Assets Movement YoY (¥bn) 3 81 8 4 911 1,006 +1% +16% +69% +13% +10% 4Q 24 Retail Whole- sale Capital Markets Int'l 4Q 25 Total Liabilities Movement YoY (¥bn) 109 2,412 140 500 36,033 39,195 +1% +16% +6% +30% +9% FY 24 Retail Whole- sale Capital Markets Int'l FY 25 Total Operating Income Movement YoY (¥mn) 1,524 2,265 185 309 23,615 27,897 +17% +17% +12% +276% +18% FY 24 Retail Whole- sale Capital Markets Int'l FY 25 Net Income Before Zakat & Tax Movement YoY (¥mn) Retail 37.0% Wholesale 57.3% Capital Markets 2.8% Int'l 3.0% Total Assets Composition (%) Retail 43.8% Wholesale 44.5% Capital Markets 6.2% Int'l 5.5% Total Operating Income Composition (%)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 2026 guidance supports continued progress toward the Strategy’s targets 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| 4Q 2025 - Investor Presentation Real GDP Growth US FFR Inflation Avg Brent Oil Price / bbl Non-Oil GDP Growth Macro-Economic Outlook1 FY 2025 +4,4% 3.5-3.75% 2.0% USD 68 +5.0% FY 2025 Baseline FY 2026 GuidanceSNB Financial Guidance NSCI Growth ¥ 29.2bn +5% Mid single digit Cost of Risk 15 bps 15 to 25 bps Tier 1 CAR 19.8% 19-20% Financing Growth ¥ 729bn +11% High single digit FY 20262 +4.7% 3.0-3.25% 1.7% USD 63 +4.0% 23.1% 20.3% Group Cost to Income Ratio3 Domestic Cost to Income Ratio3 Below 25% Below 22.5% 16% to 17% 17% to 18% ROTE 18.6% 17.2% ROTE, adjusted4
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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 2026 13.5% 2027-2028 44.6% 2029-2035 41.9% EMTN/Sukuk composition by maturity (%) CDs 23.5% EMTN/SUKUK 19.9% Term Loans 39.7% AT1 11.7% Tier 2 5.2% Composition by Instrument (%) 2025 key highlights ▪ SNB executed multiple AT1 and Tier 2 capital transactions, across public and private markets, reinforcing SNB’s capital position and demonstrating its capacity to manage capital efficiently across markets and instruments ▪ SNB became the first Saudi bank to issue a public SGD-denominated Tier 2 transaction, building on SNB’s strategy to diversify its sources of funds and deepening connectivity with Asian capital markets ▪ Secured an additional ¥ 132.0 bn equivalent year-to-date of CDs, Sukuk/EMTN and Term Loan funding, further reinforcing the bank’s funding mix and supporting in the extension of the bank’s liability maturity profile ▪ Generating diversified funding through private placements of approx. ¥ 10.51 bn during the year, across various markets (USD, CNY, HKD, SGD and AUD), including a Formosa issuance, which highlights the strong demand for SNB’s credit in international markets 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 2025 1 1 | 4Q 2025 - Investor Presentation 23 2 6.4 24.9 35.2 8.9 16.0 13.9 21.8 30.0 8.8 7.4 24.1 48.7 59.6 12.2 15.5 15.2 21.2 17.7 7.8 29.9 38.9 59.6 116.5 150.3 2021 2022 2023 2024 2025 Debt Securities, CDs, AT1, Tier 2 and Term Loan Balances (¥bn) CDs EMTN/Sukuk Term loans AT1 Tier 2 ¥ 8% USD 84% Others 8% Composition by Currency (%)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest SNB combines strong financial resilience with sustainability leadership, advancing ESG strategy and sustainable finance Sustainability Update 24Further information can be found in our 2025 Sustainable Finance Allocation and Impact Report and 2024 ESG Report| 4Q 2025 - Investor Presentation ESG Framework ESG Vision: Pioneer sustainable finance to propel our nation towards Vision 2030 and beyond Advocate financial empowerment and nurture talent Accelerate the use of financial products for sustainable growth Advance the net zero transition Authentic leadership and transparency Strengthen workforce capabilities by fostering career growth, promoting Saudization, and increasing female representation. Expand sustainable finance capabilities and introduce new products that cater to evolving market needs. Accelerate the transition to a low-carbon economy by aligning with Saudi Green Initiative goals and supporting emissions reduction across financed activities. Integrate climate considerations into operations and financial decision-making processes. Future ambitions SNB has advanced its sustainability journey since 2021 through the launch and expansion of its Sustainable Finance Framework, multiple ESG-labelled sukuk issuances, annual ESG reports, and steady year-on-year improvements in ESG ratings across leading agencies In 2024, SNB commenced implementation of its ESG Strategy, grounded in the ESG Framework, to drive alignment with Vision 2030 and international best practices Building on this foundation, SNB has issued a total of 9 outstanding sustainable instruments totaling to $1,743mn and has a current portfolio of eligible sustainable assets amounting to $5,006mn 51.7% 48.3% Eligible Green and Social loan portfolio Employment Generation Renewable Energy $5,006mn 92% 3% 5% Term funding portfolio by type Sustainability Green Social $1,743mn
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest SNB enjoys one of the highest Capital Ratios among regional peers Capital position Source: company disclosure | 1 As of 3Q 2025 CET 1 and Tier 1 capital ratios Saudi Arabia GCC | 4Q 2025 - Investor Presentation 25 1 1111 17.7% 14.8% 13.5% 16.2% 13.3% 16.7% 16.4% 13.2% 14.8% 12.3% 14.4% 13.3% 15.0% 12.4% 13.0% 14.4% 19.8% 18.1% 18.3% 19.2% 15.8% 20.5% 18.9% 17.5% 16.8% 17.8% 15.5% 15.2% 18.2% 14.3% 14.8% 18.7% 21.2% 19.7% 19.9% 21.4% 17.8% 21.9% 20.0% 18.1% 20.3% 19.9% 16.6% 16.9% 19.3% 16.4% 15.9% 19.2% SNB SAB Alinma BSF Riyad AlRajhi ANB SAIB Albilad Aljazira ENBD FAB QNB NBK ABC Muscat CET 1 Ratio Tier 1 Ratio Total Capital Ratio
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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.” “While the typical D-SIB GSR reflects Fitch's view on the Saudi authorities' strong ability to support domestic banks, irrespective of size, franchise, funding structure and level of government ownership, SNB's GSR reflects its higher systemic importance.“ 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 4Q 25 A- A F1 F1 2021 2022 2023 2024 4Q 25 A- A P-1 P-1 2021 2022 2023 2024 4Q 25 A1 A1 2021 2022 2023 2024 4Q 25 A+ AA- A1 Aa3 BB BBB 2021 2022 2023 2024 4Q 25 | 4Q 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) 4Q 2025 3Q 2025 Δ 4Q 2024 Δ Cash & interbank 67,894 75,582 -10% 63,208 +7% Investments 320,004 318,201 +1% 292,487 +9% Financing 729,311 725,090 +1% 654,252 +11% Other assets 92,822 87,734 +6% 94,207 -1% Total assets 1,210,032 1,206,607 +0% 1,104,155 +10% Interbank 190,189 204,504 -7% 185,120 +3% Customers’ Deposits 636,094 639,488 -1% 579,762 +10% Debt securities & term loans 132,642 120,680 +10% 95,305 +39% Other liabilities 47,279 44,895 +5% 50,692 -7% Total liabilities 1,006,204 1,009,566 -0% 910,879 +10% Share capital 60,000 60,000 +0% 60,000 +0% Retained earnings 21,630 21,505 +1% 14,351 +51% Others 103,996 98,278 +6% 97,027 +7% Equity attributable to shareholders 185,626 179,782 +3% 171,378 +8% Tier 1 sukuk 17,653 16,718 +6% 21,188 -17% Non-Controlling Interests 549 541 +1% 710 -23% Total equity 203,827 197,041 +3% 193,275 +5% Total liabilities & equity 1,210,032 1,206,607 +0% 1,104,155 +10% Balance sheet expansion of 10% YoY mainly from financing & investment growth, supported by a 10% increase in domestic customers’ deposits Balance Sheet Summary | 4Q 2025 - Investor Presentation 28 63 66 80 76 68 292 310 315 318 320 654 706 715 725 729 94 88 91 88 93 1,104.2 1,171.1 1,201.0 1,206.6 1,210.0 +10% QoQ +6% +3% +0% +0% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Total Assets (¥bn) Cash & interbank Investments Financing Other 185 195 175 205 190 580 626 659 639 636 95 105 119 121 133 51 51 50 45 47 910.9 977.0 1,003.1 1,009.6 1,006.2 +10% QoQ +7% +3% +1% -0% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 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 48.1% (-3.8ppts) Commerce 13.4% (+1.9ppts) Utilities & health 8.8% (+0.5ppts) Manufacturing 6.4% (-0.1ppts) Banking & financials 5.8% (+0.7ppts) Transport & comms 5.0% (+1.1ppts) Govt. & quasi Govt. 2.1% (-0.1ppts) Building & construction 1.6% (+0.1ppts) Other 8.8% (-0.2ppts) Financing & Advances, Net by Sector (%) and YoY change (ppts) Retail 48.1% (-3.8ppts) Corporate 32.6% (+0.9ppts) MSME 11.0% (+2.7ppts) FI 5.0% (+0.1ppts) Int'l 2.8% (+0.1ppts) Other 0.5% (-0.0ppts) Financing & Advances, Net Composition (%) and YoY change (ppts) Financing increased 11% YoY fueled by Wholesale financing and mortgages Financing & Advances 1 Net of ¥ 3bn Securitization | 2 Excluding HNW Repayments and Securitization, Retail grew +10% | 4Q 2025 - Investor Presentation 29 14.0 30.4 4.4 25.9 0.3 3.0 (3.0) 654.3 729.3 +8% -2% +15% +14% +48% +10% +17% +11% 4Q 24 Mortgages Other Retail Corporate FI MSME Other Int'l 4Q 25 Financing & Advances, Net Movement YoY (¥bn) Domestic: +11% Int’l +17% Retail: +¥ 11.0bn (+3%) 1 Achieved: 2025 Guidance Low double digit 2 Wholesale: +¥ 60.8bn (+21%) 1 340 348 338 347 351 207 231 236 234 238 32 39 40 41 3654 67 77 79 8017 18 20 21 203 4 4 4 4654.3 706.4 714.8 725.1 729.3 +11% QoQ +8% +1% +1% +1% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Financing & Advances, Net (¥bn) Retail Corporate FI MSME Int'l Other 181.1 183.7 188.3 192.1 195.1 +8% QoQ +1% +2% +2% +2% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Mortgages (¥bn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Investments increased by 9% YoY, supported by growth in SGDS, other fixed income and funds & equity 1 Saudi Government Debt Securities including SAMA bills (investment grade) Investments | 4Q 2025 - Investor Presentation 30 Saudi Arabia 61.0% (-1.6ppts) USA 19.0% (+0.6ppts) GCC & Middle East 4.6% (-0.1ppts) Europe 3.1% (-0.4ppts) Turkey 1.1% (-0.4ppts) Other 11.2% (+1.8ppts) Investments, Net by Geography (%) and YoY change (ppts) 1 Domestic: +10% Int’l -12% 15.7 9.6 2.9 (0.7)292.5 320.0 +10% +10% +10% -12% +9% 4Q 24 SGDS Other fixed income Funds & equity Int'l 4Q 25 Investments, Net Movement YoY (¥bn) 26 29 29 30 31 87 94 94 93 94 180 187 192 195 195 292.5 310.3 315.5 318.2 320.0 +9% QoQ +6% +2% +1% +1% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Investments, Net (¥bn) Held at FVIS Held at FVOCI Held at amortised cost 163 169 175 178 179 96 104 103 104 105 28 31 31 30 316 6 5 5 5292.5 310.3 315.5 318.2 320.0 +9% QoQ +6% +2% +1% +1% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 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 43.6 10.6 1.8 0.4 579.8 636.1 +11% +7% +21% +3% +10% 4Q 24 CASA Time & other CASA Time & other 4Q 25 Customers' Deposits Movement YoY (¥bn) Customers’ deposits grew 10% YoY, primarily driven by domestic CASA inflows; the CASA ratio settled at 73% Customers' Deposits Domestic: +10% Int’l +9% | 4Q 2025 - Investor Presentation 31 72.2% 74.5% 75.9% 76.2% 73.0% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 CASA Ratio (%) CASA 73.0% (+0.7ppts) Time 23.0% (+0.5ppts) Other 4.0% (-1.3ppts) Customers' Deposits by Type (%) and YoY change (ppts) Domestic 96.0% (+0.0ppts) Int'l 4.0% (-0.0ppts) Customers' Deposits by Geography (%) and YoY change (ppts) 419 466 500 487 464 130 134 133 123 14631 26 26 29 26 579.8 626.4 658.7 639.5 636.1 +10% QoQ +8% +5% -3% -1% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Customers' Deposits (¥bn) CASA Time Other
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest ¥ (mn) 4Q 2025 4Q 2024 Δ FY 2025 FY 2024 Δ NSCI 7,506 6,918 +8% 29,155 27,723 +5% Fee & other income 2,421 2,068 +17% 10,039 8,310 +21% Total operating income 9,927 8,986 +10% 39,195 36,033 +9% Operating expenses1 (1,684) (2,538) -34% (9,052) (10,202) -11% Impairments (942) (20) +4,591% (1,034) (1,019) +2% Income from operations 7,096 6,223 +14% 28,288 23,992 +18% Other income (expenses)2 (1) 39 -102% (58) 29 -301% Net income before zakat & tax 7,036 6,178 +14% 27,897 23,615 +18% Zakat & tax (628) (658) -4% (2,905) (2,521) +15% Net income after zakat & tax 6,407 5,520 +16% 24,992 21,094 +18% NCI (22) 37 -159% 22 99 -78% Net income 6,385 5,557 +15% 25,013 21,193 +18% EPS 1.05 0.91 +15% 4.04 3.44 +17% ROTE3 17.1% 16.3% +0.8ppt 17.2% 16.2% +1.0ppt ROTE, adj. 4 18.2% 17.7% +0.5ppt 18.6% 17.5% +1.1ppt NSCI Margin5 2.85% 2.92% -7bps 2.87% 3.02% -15bps Cost to Income Ratio 17.0% 28.2% -11.3ppt 23.1% 28.3% -5.2ppt Cost of risk 0.52% 0.00% +52bps 0.15% 0.16% -1bps 18% YoY Net income growth driven by revenue uplift, cost discipline and robust risk costs Income Statement Highlights 1 Operating expenses exclude amortization of intangibles of ¥ 820mn in 2025 and 2024 (¥ 205mn in 4Q 2025 and 4Q 2024) | 2 Other includes amortization of intangibles, other non-operating expenses and zakat | 3 After deducting Tier 1 Costs | 4 Refer to Definitions appendix | 5 NSCI margin calculation excludes FV unwind of ¥ 366mn (2024: ¥ 368mn) | 4Q 2025 - Investor Presentation 32 5,615 6,075 6,136 6,436 6,318 (59) (53) 1 32 685,557 6,022 6,137 6,469 6,385 +15% QoQ +8% +2% +5% -1% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Net Income (¥mn) Group, excl. Int'l Int'l 16.2% 17.5% 17.3% 17.5% 17.2% 2.1% 2.2% 2.2% 2.2% 2.2% 17.5% 19.1% 18.7% 18.9% 18.6% FY 24 1Q 25 1H 25 9M 25 FY 25 Returns YTD (%) ROTE ROTA ROTE, adjusted Achieved: 2025 Guidance ROTE 4 16.5%-17.5% ROTE, adj.4 18%-19%
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 0.9 0.8 1.4 0.8 0.6 (1.9) 27.7 27.1 28.3 29.2 +5% +4% +12% +8% +5% +5% FY 24 Int'l Group Ex Int’l Retail financing Wholesale financing Inv. & placements CoF Group Ex Int’l Int'l FY 25 Net Special Commission Income Movement YoY (¥bn) 5% YoY NSCI growth from asset expansion… NSCI & Margin | 4Q 2025 - Investor Presentation 33 14,881 14,323 15,161 15,815 15,662 +5% QoQ -4% +6% +4% -1% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Special Commission Income (¥mn) 7,962 7,069 8,074 8,508 8,156 +2% QoQ -11% +14% +5% -4% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Special Commission Expense (¥mn) 6,918 7,254 7,087 7,308 7,506 +8% QoQ +5% -2% +3% +3% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 NSCI (¥mn) Retail 58.2% Wholesale 37.4% Capital Markets 1.3% Int'l 3.1% Net Special Commission Income Composition (%) Achieved: 2025 Guidance Low-to-mid single digit growth
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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: -16bps Int’l: +1bps 1 NSCI margin calculation excludes FV unwind of ¥ 366mn (2024: ¥ 368mn) | 4Q 2025 - Investor Presentation 34 0.02% 0.07% 0.01% -0.11% -0.14% 3.02% 2.87% -15bps FY 24 Retail financing Wholesale financing Investments & placements CoF Int'l FY 25 Net Special Commission Margin Movement YoY (%) 334 352 282 332 261 28529 34906.2 1,003.2 +11% FY 24 FY 25 Average Earning Assets (¥bn) Retail financing Corporate financing Investments & Placements Int'l 120 118 450 451 228 30928 3122 20847.8 930.0 +10% FY 24 FY 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 4Q 2025 Margin improved sequentially on lower CoF NSCI & Margin 1 NSCI margin calculation excludes FV unwind of ¥ 366mn (2024: ¥ 368mn) 1 | 4Q 2025 - Investor Presentation 35 1 2.92% 3.05% 2.79% 2.80% 2.85% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Group NSCI Margin QTR (%) 2.98% 3.05% 2.83% 2.82% 2.81% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Group, excl Int'l, NSCI Margin QTR (%) 6.33% 6.05% 6.00% 6.12% 6.00% 3.65% 3.30% 3.49% 3.52% 3.36% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Group Commission Yield & Funding Cost QTR (%) Commission yield CoF 5.71% 5.57% 5.52% 5.61% 5.51% 2.94% 2.79% 2.95% 2.97% 2.90% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Group, excl Int'l, Commission Yield & Funding Cost QTR (%) Commission yield CoF
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 189 213 958 665 (107) (31) (2) 4,377 3,712 3,974 4,931 -20% -3% -0% +25% +45% +13% +7% FY 24 Int'l Group Ex Int’l Brokerage Inv. Mgt. Financing & cards Trade finance Other Group Ex Int’l Int'l FY 25 Fee Income From Banking Services, Net Movement YoY (¥mn) Fee and Other Income increased by 21% driven by investment income, FX, trade finance and International, partially offset by lower brokerage income on lower market activity Fee & Other Income 1 Other includes Cash management, POS and Remittance income 1 | 4Q 2025 - Investor Presentation 36 1 1 Retail 2.1% Wholesale 65.0% Capital Markets 20.3% Int'l 12.7% Fee & Other Income Composition (%) 1,022 1,237 1,243 1,260 1,191 522 534 592 593 584 872 905 959 1,532 1,060 (349) (315) (374) (547) (414) 2,068 2,361 2,420 2,838 2,421 +17% QoQ +14% +3% +17% -15% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Fee & Other Income (¥mn) Banking services FX Inv.-related Other 262 409 1,026 1,270 970 (267) 8,310 7,340 8,769 10,039 +7% +29% +29% +20% +21% +19% FY 24 Int'l Group Ex Int’l Fee income from banking services FX Inv.-related Other expenses Group Ex Int’l Int'l FY 25 Fee and Other Income Movement YoY (¥mn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 115 1,533 1,496 (30) (217) (1,054) 10,202 8,705 7,520 9,052 +3% -7% -16% -37% -11% -14% FY 24 Int'l Group Ex Int’l Employee- related Premises Depreci- ation G&A Group Ex Int’l Int'l FY 25 Total Operating Expenses Movement YoY (¥mn) 28.3% 0.1% -1.9% -3.3% -0.1% 23.1% -522bps FY 24 Domestic NOR Domestic OPEX Int'l NOR Int'l OPEX FY 25 Cost to Income Ratio Movement YoY (%) Operating expenses declined by 11% in 2025 and by 34% YoY in 4Q 2025, resetting efficiency ratios to record lows Operating Expenses 1 Operating expenses exclude amortization of intangibles of ¥ 820mn (2024: ¥ 820mn) 11 1 Domestic: -524bps Int’l: +2bps | 4Q 2025 - Investor Presentation 37 1,048 1,255 1,221 1,213 1,221 119 123 119 125 118494 349 412 314 410 877 794 808 634 (65) 2,538 2,522 2,560 2,287 1,684 -34% QoQ -1% +2% -11% -26% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Operating Expenses (¥mn) Employee-related Premises Depreciation G&A 28.3% 26.2% 26.6% 25.2% 23.1%25.3% 23.3% 23.6% 22.6% 20.3% FY 24 1Q 25 1H 25 9M 25 FY 25 Cost to Income Ratio YTD (%) Group Group, excl. Int'l Exceeded: 2025 Guidance Group: Below 26% Domestic: Below 23% 1
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 0.16% 0.02% -0.04% 0.02% 0.15% 0.16% -0.00% -0.06% 0.00% 0.13% FY 24 1Q 25 1H 25 9M 25 FY 25 Cost of Risk YTD (%) Group Group, excl. Int'l Cost of Risk normalized to 15bps after a period of material recoveries from fully provisioned exposures Financing Credit Impairments & Cost of Risk 1 COR including POCI| 4Q 2025 - Investor Presentation 38 1 Domestic: -3bps Int’l: +2bps 0.08% 0.02% -0.11% 0.16% 0.15% -1bps FY 24 Retail Wholesale Int'l FY 25 Cost of Risk Movement YoY (%) 551 152 13 (654) 1,026 1,013 910 1,062 -298% -55% +3% -10% FY 24 Int'l Group Ex Int’l Wholesale Retail Group Ex Int’l Int'l FY 25 Impairment Charge for Financing and Advances Losses Movement YoY (¥mn) Achieved: 2025 Guidance 5 to 15 bps (22) 209 887 18 31 73 (4) 241 960 +299% QoQ 4Q 24 3Q 25 4Q 25 Impairment Charge for Financing and Advances Losses YoY (¥mn) Group Ex Int’l Int'l
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 5.0 1.7 (0.8) (1.8) (0.1) 7.7 6.7 -40% -35% -16% -35% NPLs 4Q 24 Retail Wholesale Int'l NPLs 4Q 25 POCI balance Impaired financing 4Q 25 Credit Impaired Financing Movement YoY (¥bn) 1 Group including POCI : 0.91% Asset quality improved, with the NPL ratio declining further to 68 basis points, partly driven by year-end write-offs… Credit Quality 1 Domestic: -36% Int’l: -16% | 4Q 2025 - Investor Presentation 39 1.16% 0.91% 0.81% 0.80% 0.68% 1.13% 0.89% 0.78% 0.78% 0.65% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 NPL Ratio (%) Group Group, excl. Int'l Retail 24.7% Wholesale 68.2% Int'l 7.1% NPL Composition (%) Commerce 33.1% Manufacturing 6.7% Consumer 24.7% Building & construction 15.1% Other 20.3% NPL Composition by Sector (%)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest …with healthy stage-wise coverage Credit Quality | 4Q 2025 - Investor Presentation 40 2 2 2 2 2 1 1 1 2 1 7 6 5 5 4 10.4 9.4 8.6 8.6 7.4 QoQ -9% -9% +1% -15% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 ECL Allowance by Stage (¥bn) Stage 1 Stage 2 Stage 3 636 687 692 703 710 18 19 23 23 208 7 6 6 5662.2 713.4 721.2 731.6 734.9 +11% QoQ +8% +1% +1% +0% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Total Financing & Advances, Gross by Stage (¥bn) Stage 1 Stage 2 Stage 3 0.0 (0.4) (2.6) 10.4 7.4 +1% -30% -39% -29% 4Q 24 Stage 1 Stage 2 Stage 3 4Q 25 ECL Allowance Movement YoY (¥bn) 0.35% 0.34% 0.34% 0.27% 0.32% 8.0% 7.2% 6.4% 8.3% 5.1% 84.1% 81.7% 76.4% 78.4% 76.2% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 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 Capitalization remains strong, supported by solid net income generation, despite robust financing growth Capitalization | 4Q 2025 - Investor Presentation 41 157.1 25.0 1.9 4.3 (12.0) (0.6) 175.6 +12% 4Q 24 Net income Dividend payout OCI Net AT1 & T2 FX reserve & Other 4Q 25 Total Eligible Capital Movement YoY (¥bn) 20.8% 19.3% 20.6% 20.8% 21.2% 17.6% 16.3% 17.3% 17.6% 17.7% 20.3% 18.8% 19.5% 19.5% 19.8% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Capitalization Ratios (%) CAR CET1 ratio Tier 1 ratio Achieved: 2025 Guidance Tier 1 CAR: 19-20% 133 133 140 141 147 20 20 18 16 174 4 9 10 11157.1 157.9 166.5 167.0 175.6 QoQ +1% +5% +0% +5% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Total Eligible Capital (¥bn) CET1 Additional tier 1 capital Tier 2 capital 685 750 740 747 773 39 39 39 39 3930 29 29 18 18754.3 817.8 807.6 804.1 830.2 +10% QoQ +8% -1% -0% +3% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 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 | 4Q 2025 - Investor Presentation 42 84.0% 82.5% 79.2% 82.8% 82.5% 90.0% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 SAMA Loan-to-Deposit Ratio (%) SAMA LDR Regulatory ceiling 169.4 172.1 166.7 179.7 164.9 265.2% 245.5% 227.4% 262.6% 285.1% QoQ +2% -3% +8% -8% -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 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Liquidity Coverage (¥bn/%) HQLA LCR 1,158.2 1,241.4 1,266.8 1,277.5 1,283.5 13.2% 12.4% 12.4% 12.3% 12.8% QoQ +7% +2% +1% +0% 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 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Leverage (¥bn/%) Leverage ratio exposure Basel III leverage ratio 693.3 730.9 761.9 765.3 786.6 106.6% 106.6% 112.4% 112.3% 114.2% QoQ +5% +4% +0% +3% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% 0 200 400 600 800 1,000 1,200 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Stable Funding (¥bn/%) Available stable funding NSFR
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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 1,232 1,429 1,186 123 4 23,727 27,700 +5% +19% -14% -12% -0% +17% FY 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) FY 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 4Q 2025 3Q 2025 Δ 4Q 2025 4Q 2024 Δ Total assets 1,174,223 1,169,553 +0% 1,174,223 1,072,079 +10% Financing and advances, net 709,164 704,412 +1% 709,164 637,088 +11% Total liabilities 974,215 976,248 -0% 974,215 882,495 +10% Customers' deposits 610,876 612,321 -0% 610,876 556,673 +10% NPL ratio 0.65% 0.78% -13bps 0.65% 1.13% -48bps NPL coverage ratio 148.8% 148.8% +0.1ppt 148.8% 137.1% +11.7ppt FY 2025 FY 2024 Δ 4Q 2025 4Q 2024 Δ Net special commission income 28,263 27,031 +5% 7,156 6,835 +5% Fee & other income 8,769 7,340 +19% 2,070 1,765 +17% Total operating income 37,032 34,371 +8% 9,226 8,600 +7% Operating expenses (7,520) (8,705) -14% (1,248) (2,118) -41% Impairment charge (882) (1,005) -12% (869) (2) 463X Other income (expenses)1 (930) (934) -0% (236) (33) +621% Net income before zakat & tax 27,700 23,727 +17% 6,874 6,243 +10% Zakat and income tax expense (2,734) (2,388) +15% (556) (627) -11% Net income 24,966 21,339 +17% 6,318 5,615 +13% NSCI margin2 2.87% 3.04% -16bps 2.81% 2.98% -17bps Cost to income ratio 20.3% 25.3% -502bps 13.5% 24.6% -1110bps Cost of risk 0.13% 0.16% -3bps 0.49% -0.01% +51bps 17% net income before zakat growth YoY on solid revenue and cost efficiency Domestic (Group, Excl. Int’l) 1 Other income (expenses) includes other non-operating expenses and amortization of intangibles | 2 NSCI margin calculation excludes FV unwind of ¥ 366mn (2024: ¥ 368mn) | 4Q 2025 - Investor Presentation 44 Operating income: +8% 1 637.1 704.4 709.2 +11% +1% QoQ 4Q 24 3Q 25 4Q 25 Financing & Advances, net (¥bn) 556.7 612.3 610.9 +10% -0% QoQ 4Q 24 3Q 25 4Q 25 Customers' Deposits (¥bn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 260 727 702 (151) (14) 9,191 10,715 +2% -42% -11% -59% +27% +17% FY 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) FY 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 4Q 2025 3Q 2025 Δ 4Q 2025 4Q 2024 Δ Total assets 447,165 442,786 +1% 447,165 428,391 +4% Financing and advances, net 351,032 346,769 +1% 351,032 340,040 +3% Total liabilities 356,773 364,763 -2% 356,773 354,154 +1% Customers' deposits 348,223 355,050 -2% 348,223 343,886 +1% FY 2025 FY 2024 Δ 4Q 2025 4Q 2024 Δ Net special commission income 16,958 16,698 +2% 4,144 3,996 +4% Fee & other income 210 361 -42% 126 197 -36% Total operating income 17,168 17,059 +1% 4,269 4,194 +2% Operating expenses (5,890) (6,617) -11% (1,218) (1,579) -23% Impairments (495) (1,198) -59% (179) (578) -69% Other income (expenses) (68) (54) +27% (15) (18) -17% Net income before zakat & tax 10,715 9,191 +17% 2,857 2,018 +42% Cost to income ratio 34.3% 38.8% -448bps 28.5% 37.7% -913bps Cost of risk 0.16% 0.36% -20bps 0.25% 0.67% -42bps 17% net income before zakat growth YoY on cost discipline and low impairments Retail Operating income: 1% | 4Q 2025 - Investor Presentation 45 343.9 355.1 348.2 +1% -2% QoQ 4Q 24 3Q 25 4Q 25 Customers' Deposits (¥bn) 340.0 346.8 351.0 +3% +1% QoQ 4Q 24 3Q 25 4Q 25 Financing & Advances, net (¥bn)
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 1,077 1,335 428 10 (585) 12,989 15,254 +11% +26% -20% -304% -20% +17% FY 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) FY 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 4Q 2025 3Q 2025 Δ 4Q 2025 4Q 2024 Δ Total assets 693,424 694,448 -0% 693,424 620,340 +12% Financing and advances, net 354,350 353,994 +0% 354,350 293,598 +21% Total liabilities 598,377 595,936 +0% 598,377 517,053 +16% Customers' deposits 261,648 256,815 +2% 261,648 211,999 +23% FY 2025 FY 2024 Δ 4Q 2025 4Q 2024 Δ Net special commission income 10,917 9,840 +11% 2,923 2,711 +8% Fee & other income 6,524 5,190 +26% 1,578 1,339 +18% Total operating income 17,442 15,029 +16% 4,501 4,050 +11% Operating expenses (1,754) (2,182) -20% (23) (518) -96% Impairments (393) 193 -304% (695) 577 -220% Other income (expenses) (41) (51) -20% (16) (10) +55% Net income before zakat & tax 15,254 12,989 +17% 3,767 4,098 -8% Cost to income ratio 10.1% 14.5% -446bps 0.5% 12.8% -1228bps Cost of risk 0.11% -0.06% +17bps 0.73% -0.79% +152bps 17% net income before zakat growth YoY supported by operating income growth, cost efficiency and low impairments Wholesale Operating income: +16% | 4Q 2025 - Investor Presentation 46 212.0 256.8 261.6 +23% +2% QoQ 4Q 24 3Q 25 4Q 25 Customers' Deposits (¥bn) 293.6 354.0 354.3 +21% +0% QoQ 4Q 24 3Q 25 4Q 25 Financing & Advances, net (¥bn)
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245 31 6 8 (106) 1,546 1,731 -21% +14% -4% -174X -89% +12% FY 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) FY 25 Net Income Before Zakat & Tax Movement YoY (¥mn) Net income before zakat increased 12% YoY driven by Fee & other income growth Capital Markets Operating income: +6% ¥ (mn) 4Q 2025 3Q 2025 Δ 4Q 2025 4Q 2024 Δ Total assets 33,634 32,319 +4% 33,634 23,348 +44% Financing and advances, net 3,783 3,649 +4% 3,783 3,450 +10% Total liabilities 19,065 15,549 +23% 19,065 11,288 +69% Fiduciary assets1 294,272 291,686 +1% 294,272 264,766 +11% FY 2025 FY 2024 Δ 4Q 2025 4Q 2024 Δ Net special commission income 387 493 -21% 89 128 -31% Fee & other income 2,034 1,789 +14% 366 229 +60% Total operating income 2,422 2,282 +6% 455 357 +27% Operating expenses (696) (727) -4% (212) (226) -6% Impairments 6 (0) -174X 5 (1) -6X Other income (expenses) (1) (9) -89% 1 (4) -123% Net income before zakat & tax 1,731 1,546 +12% 250 127 +97% Fees from assets management 982 891 +10% 272 181 +51% Fees from securities 273 458 -40% 44 101 -57% | 4Q 2025 - Investor Presentation 1 Includes asset management, securities and cash 1 265 273 274 292 294 +11% QoQ +3% +0% +6% +1% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Fiduciary Assets (¥bn) 134 107 98 114 79 -41% QoQ -20% -8% +16% -30% 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Brokerage Volume Traded (¥bn) 47
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest 200 300 (36) (138) (17) (112) 197 +29% +31% +2% +1,006% +7% -276% FY 24 NSCI Fee & other income Operating expenses Impair- ments Other income (expenses) FY 25 Net Income Before Zakat & Tax Movement YoY (¥mn)¥ (mn) 4Q 2025 3Q 2025 Δ 4Q 2025 4Q 2024 Δ Total assets 35,809 37,054 -3% 35,809 32,075 +12% Financing and advances, net 20,147 20,677 -3% 20,147 17,165 +17% Total liabilities 31,989 33,318 -4% 31,989 28,384 +13% Customers' deposits 25,218 27,167 -7% 25,218 23,089 +9% NPL ratio 1.72% 1.72% +0bps 1.72% 2.40% -69bps NPL coverage ratio 123.8% 120.3% +3.5ppt 123.8% 103.4% +20.4ppt FY 2025 FY 2024 Δ 4Q 2025 4Q 2024 Δ Net special commission income 892 692 +29% 351 83 +322% Fee & other income 1,270 970 +31% 351 303 +16% Total operating income 2,163 1,662 +30% 702 386 +82% Operating expenses (1,533) (1,496) +2% (437) (420) +4% Impairments (152) (14) +1006% (73) (18) +301% Other income (expenses) (282) (264) +7% (30) (13) +136% Net income before zakat & tax 197 (112) -276% 162 (65) -350% Zakat & income tax (171) (134) +28% (73) (30) +139% Non-controlling interests 22 99 -78% (22) 37 -159% Net income 47 (146) -132% 68 (59) -215% NSCI margin 2.71% 2.32% +39bps 4.24% 0.94% +331bps Cost to income ratio 70.9% 90.0% -1914bps 62.2% 108.8% -4656bps Cost of risk 0.80% 0.08% +72bps 1.39% 0.41% +98bps Net income turned positive in 2025, driven by strong operating income growth and lower impairment charges International Operating income: +30% | 4Q 2025 - Investor Presentation 48 17.2 20.7 20.1 +17% -3% QoQ 4Q 24 3Q 25 4Q 25 Financing & Advances, net (¥bn) 23.1 27.2 25.2 +9% -7% QoQ 4Q 24 3Q 25 4Q 25 Customers' Deposits (¥bn)
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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 | 4Q 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 ¥ 334mn in 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 | 4Q 2025 - Investor Presentation 51 1,859 2,139 2,319 2,526 2,685 2,955 3,132 3,367 3,514 +31% +44% +15% +8% +9% +6% +10% +6% +8% +4% 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 CPI Index 25 218 321 406 127 191 274 334 ¥ -73mn (-18%) 1Q 24 1H 24 9M 24 FY 24 1Q 25 1H 25 9M 25 FY 25 Hyperinflation Adjustment (¥mn) 37,032 381 (7,520) (882) (3,664) (334) 24,966 25,013 Total operating income Operating expenses Risk cost Others Core domestic net income Hyper- inflation adjustment (HIA) Int'l Ex HIA FY 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 | 4Q 2025 - Investor Presentation 52
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Forest Dark Lime Lemon Orange Slate Lime> Forest Lime > Dark Dark > Forest Additional Information | 4Q 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 4Q 2025 Earnings Call Replay SNB’s 4Q 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. | 4Q 2025 - Investor Presentation 54