Emirates NBD Inv nvesto tor Pr Pres esenta tation - PowerPoint PPT Presentation

Emirates NBD Inv nvesto tor Pr Pres esenta tation February-March 20 2020 Presentation Title 1

Important Information Disclaimer The material in this presentation is general background information about Emirates NBD's activities current at the date of the presentation. It is information given in summary form and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and does not take in to account the investment objectives, financial situation or needs of any particular investor. These should be considered, with or without professional advice when deciding if an investment is appropriate. The information contained here in has been prepared by Emirates NBD. Some of the information relied on by Emirates NBD is obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. Forward Looking Statements It is possible that this presentation could or may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could or other words of similar meaning. Undue reliance should not be placed on any such statements because, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and the Group’s plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. There are several factors which could cause actual results to differ materially from those expressed or implied in forward looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are changes in the global, political, economic, business, competitive, market and regulatory forces, future exchange and interest rates, changes in tax rates and future business combinations or dispositions. Emirates NBD undertakes no obligation to revise or update any forward looking statement contained within this presentation, regardless of whether those statements are affected as a result of new information, future events or otherwise. 2

1. Emirates NBD Profile 2. Financial & Operating Performance 3. Divisional Performance 7 4. Economic Environment 3

Emirates NBD is a Leading Bank in the MENAT Region Key Highlights as of Q4 2019 Emirates NBD at a Glance AED 683 Bn AED 437 Bn AED 86.7 Bn Total Assets Gross Customer Loans Market Capitalization* 13 1,000+ 14.7 million Countries Branches Customers ~20% 3 rd 2 nd Market Share in UAE Largest in GCC** Largest in the UAE** (Assets, Loans, Deposits)*** 56% 20% 40% Government of Dubai Foreign Intent to Further Increase Shareholding Ownership Limit Foreign Ownership Limit *Market cap as at 29-Jan-20; **By assets as at 31-Dec-19 Emirates NBD Profile 4 ***Market share in UAE as at 31-Dec-19

Emirates NBD at a glance Emirates NBD’s International Presence Market share in the UAE*  Assets 17.8%; Loans 21.5%; Deposits Moscow 1 20.0% London 16 Germany 1 27 Austria  Largest financial institution in Dubai, 3 rd largest in the GCC Turkey Beijing 707 1  Leading retail banking franchise Bahrain with a branch network of around 1,000 76 1 4 branches throughout the MENAT Egypt 147 KSA region with operations in 13 countries Mumbai UAE 1  Leader in digital banking : 6th best Singapore banking app worldwide with expanding 1 customer acquisition 1 Jakarta  55.8% indirectly owned by the Government of Dubai through ICD Emirates NBD Emirates NBD Rep. Offices  Stable credit ratings DenizBank Rated A3 / A+ by Moody’s / Fitch Emirates NBD Profile 5 * As at Q4 2019 excluding DenizBank

Emirates NBD is one of the largest banks in the GCC % Dec-19 vs. Dec-18 Total l As Asset ets Total l Depo Deposit its Gro ross Loans ns Net et Pro rofit fit AE AED D Bn, 31 31-Dec 2019 19 AE AED D Bn, 31 31-Dec 2019 19 AED AE D Bn, 31 31-Dec 2019 19 AE AED D Bn, 2019 19 Yo YoY 950 10% 698 11% 687 10% 14.5 44% 822 10% 467 32% 518 12% 14.4 4% 683 37% 419 15% 472 36% 12.5 4% 496 12% 283 5% 345 11% 11.2 19% 405 45% 257 49% 261 48% 5.5 19% Emirates NBD Profile 6

Stable Shareholder Base and Diversified Business Model Spli lit of owne wnershi hip p – An Anchor chored d by the e Gove overnm nment nt of Dubai bai Highl Hi hlig ight hts • Ownership structure as at 31 December 2019 A flagship bank for the Government of Dubai and the UAE • Strong and supportive shareholder base from the Government of Dubai via Investment Corporation of Dubai • International presence in Asia, Europe and MENAT across 13 Others Investment 39% countries. DenizBank acquisition further enhanced geographic profile Corporation of Dubai (“ICD”) • Well diversified and balanced asset composition between corporate, 56% consumer and Islamic banking • Foreign ownership limit raised to 20% from 5% in September 2019 • Signaled intent to seek to increase Foreign ownership limit to 40% Capital Assets 5% Bal alanc ances as asset et composit itio ion Equi uity An Analy alysts Covera rage % by segment as at 31 December 2019 Buy Hold Sell DenizBank 19% Recommendation 10 1 0 In AED Treasury Target Price 14.92 Corporate 16% 45% Price at 30-Jan-2020 13.75 9% Adjusted EPS 31-Dec-2019 1.68 Consumer 9% 2% Islamic Others 7 Emirates NBD Profile

Digital lifestyle banking continuing innovation Recent Launches Liv. Sure, Smartphone insurance – a range of insurance products for millennials Olivia, a Millennial chatbot – a conversational AI (artificial intelligence) based chatbot Goal accounts – multiple goal based saving options for the customers Key Achievements Fastest growing retail bank in the UAE with more than 15,000 customers added to the network per month Expanded its range of services with capabilities like international transfers Crossing the 350,000 customer mark within two years of commencing operations Strong customer engagement with an average of 14 logins per customer per month Highest rated amongst all banking applications with a Google Play Store rating of 4.5 out of 5 Emirates NBD Profile 8

Emirates NBD delivered a strong set of results in 2019 Key Metrics 2020 Macro themes 2019 2020 Regional Global FY 2019 Guidance Guidance AED 14.5 Bn Net Profit +44% y-o-y • World Bank fore orecasts Profit • Expo 2020 to o he help global economy to o NIM 2.75-2.85% 2.89% 2.75-2.85% sup upport dem demand exp xpand by by 2.5% in n across s mult ultiple 2020 with th an n expected Cost to income 33% 32.1% 33% secto tors in n Dub ubai recovery in n de developing Slight NPL Ratio Stable 5.6% cou ountries incl ncluding Turk urkey Increase Credit Quality Coverage Ratio Stable 112.3% Stable CET 1 15.3% Capital Tier 1 17.4% • World Bank fore orecasts • Geopolitics CAR 18.5% slower growth in n the he • So Softening UA UAE real US US and nd ot other AD Ratio 90-100% 92.6% 90-100% esta state pr prices de developing na nati tions Liquidity LCR 160.0% Loan Growth mid-single mid-single Assets (2019 Excl. 7.0% digit digit DenizBank) 9 Financial & Operating Performance