Mashreqbank Psc · DFM:MASQ
Mashreqbank Psc — 9M 2026 Earnings Presentation
37 slides from Mashreqbank Psc's earnings presentation, October 2026
Slide 1: Investor Presentation
INVESTOR PRESENTATION October 2026
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared by Mashreq Bank PSC (“Mashreq”). The information in this presentation is general background information about Mashreq’s activities current at the date of the presentation . Mashreq relies on information obtained from sources believed to b
Slide 3: Table of Contents
Table of Contents 1. Mashreq Overview 04 2. UAE – A Strong and Resilient Economy 15 3. Financial Highlights 20 4. Purpose - Led Growth: Powered by Innovation 29 5. Purpose - Led Growth: Embedded ESG 31 6. Appendix 34
Slide 4: 1. Mashreq Overview
1. Mashreq Overview 9M 2026 Investor Presentation 4
Slide 5: Mashreq: 5th Largest UAE Bank, D-SIB Designated, Strongly Capitalized for Growth
Mashreq Overview Mashreq: 5th Largest UAE Bank, D - SIB Designated, Strongly Capitalized for Growth Overview Key Financial Performance ( 9M 2026) • 5th largest bank in the UAE by assets, underpinned by a diversified business model blending regional depth with international reach • Designated by the
Slide 6: Mashreq is a Universal UAE Bank and Niche Global Wholesale Bank
Mashreq Overview Mashreq is a Universal UAE Bank and Niche Global Wholesale Bank, Focused on Trade and Digital only in Select Retail Markets Comprehensive Product Portfolio In 9M 2026 this translated into: • Established niche wholesale bank with presence in key financial hubs focusing on trade corri
Slide 7: RISE Strategy: Driving Resilience, Innovation, Returns and Experience
Mashreq Overview RISE Strategy: Driving Resilience, Innovation, Returns and Experience Mashreq Implemented RISE Framework This translated into: • Strengthening governance and embedding ESG to ensure long - term stability • Empower teams with real - time dashboards and decisioning tools for operation
Slide 8: Investment Highlights
Mashreq Overview Investment Highlights Located in a Resilient UAE Economy with Exceptional Results with Industry Leading Well - Positioned within UAE Banking Strategic Location in the World Asset Growth with Best - in- class Asset Quality Sector • GDP projected to grow by 1.6% in 2026 1 , with the n
Slide 9: Consistent Track Record of Profitable, Well-Capitalized Growth
Mashreq Overview Consistent Track Record of Profitable, Well - Capitalized Growth Operating Income (AEDbn) Dividend Per Share (AED) & Dividend Yield (%) 12.2% Operating Income CAGR +19.8% YoY +10.9% 9.2% 9.7% One off gain from 13.4 partial divestment of 1.2 21 19 4.0% Neopay (IDFAA) 12.2 12.6 10.8 1
Slide 10: Proven Digital and Innovation Powerhouse
Mashreq Overview Proven Digital and Innovation Powerhouse Leading Through Innovation Artificial Intelligence & Advanced Analytics Measurable Outcomes & Strategic Impact • Mashreq became the first bank in Pakistan to launch a full- AI- Powered Financial Advisory scale digital retail bank , reinforcin
Slide 11: International Footprint Well-Positioned for Regional Trade Flows
Mashreq Overview International Footprint Well - Positioned for Regional Trade Flows Global Footprint Key International Highlights • Only UAE bank with US commercial license and top 8 globally in USD clearing • Expanded the presence with − Representative office in Turkey , facilitating access to glob
Slide 12: Strong Supportive Shareholder and Well-Invested Capital Base
Mashreq Overview Strong Supportive Shareholder and Well - Invested Capital Base Shareholding Overview (Sep 2026) Highlights • Al Ghurair family have held a majority stake since H.E. Abdul Aziz Abdulla Al Ghurair founding Mashreq in 1967 with strong commitment to Non- Executive Chairman 10.8 % Saif A
Slide 13: Mashreq is a Leader within its Peers (9M 2026)
Mashreq Overview Mashreq is a Leader within its Peers ( 9M 2026) YoY Asset Growth YoY Loan Growth CASA Ratio NPL Ratio Coverage Ratio Capital Adequacy Ratio 33% 33% 60% 0.7% 311% 17.4% 20% 25% 58% 1.6% 156% 16.7% 18% 24%* 53%* 2.0% 149% 16.5% 13%* 16% 50% 2.0% 123% 16.5% *ENBD’s YoY Asset and Loan g
Slide 14: Strong Ratings by Credit Agencies
Mashreq Overview Strong Ratings by Credit Agencies Denoting Strength of Underlying Business and Operating Environment Credit Ratings We anticipate strong government support thanks The stable outlook on Mashreqbank reflects our Mashreqbank has a well- established franchise to Mashreq Bank’s key role
Slide 15: 2. UAE – A Strong and Resilient Economy
2. UAE – A Strong and Resilient Economy 9M 2026 Investor Presentation 15
Slide 16: Mashreq is Strategically Placed in a Resilient UAE Economy
UAE – A Strong and Resilient Economy Mashreq is Strategically Placed in a Resilient UAE Economy that Continues to Attract Global Capital UAE: A Global Future - Ready Powerhouse Pioneering & Visionary Government Initiatives Financial Sector & Innovation Opportunity 1 st in Economic Performance (1) Ma
Slide 17: UAE Economy: Highly Attractive, Strong and Resilient
UAE – A Strong and Resilient Economy UAE Economy: Highly Attractive, Strong and Resilient UAE: Nominal GDP (USDbn) and Real GDP Growth (1) (%) Oil and Non - Oil GDP Growth (1) (%) 7.5 4.3 6.6 6.2 2 nd largest economy in the GCC 1.6 8.6 Nominal GDP expected to reach USD 7.0 7.0 6.8 661 billion in 202
Slide 18: UAE Economy Powered by Multiple Underlying Drivers
UAE – A Strong and Resilient Economy UAE Economy Powered by Multiple Underlying Drivers UAE Population and Growth % (1) (Mn) UAE Airport Arrivals (2) (Mn) Key Highlights • Population projected to reach 11.6 million in 2026 (+2.0% YoY), 5.8% underpinned by the UAE's resilient economy, quality 7.00% 2
Slide 19: UAE Banking Sector: Strong Fundamentals Backing Promising Growth
UAE – A Strong and Resilient Economy UAE Banking Sector: Strong Fundamentals Backing Promising Growth Yield & Cost of Funds (%) NPL Ratio (Gross, %) Loan to Deposit Ratio (%) 5.0% 6.8% 8.0% 20.0% 6.3% 5.9% 7.0% 18.0% 4.0% 16.0% 6.0% 14.0% 2.6% 2.5% 5.0% 3.0% 2.2% 12.0% 79.4% 79.0% 77.7% 76.6% 4.0% 1
Slide 20: 3. Financial Highlights
3. Financial Highlights 9M 2026 Investor Presentation 20
Slide 21: Operating Income Rises to AED 10.4 Billion on Balanced Revenue Growth
Financial Highlights Operating Income Rises to AED 10.4 Billion on Balanced Revenue Growth AEDm 9M 2025 9M 2026 YoY (%) Q3 2025 Q3 2026 YoY (%) Key Highlights Total Operating Income 9,389 10,411 11% 3,202 3,584 12% • Net Interest Income increased by 7% YoY to AED 6.5 billion , as balance sheet growt
Slide 22: Strong Operating Profit Growth Supports Sustainable Returns
Financial Highlights Strong Operating Profit Growth Supports Sustainable Returns Operating Expense (AEDm) and Cost to Income Ratio (%) Key Highlights 6,000 33.0% • Operating expenses grew 13% YoY (4% QoQ) as Mashreq 32% 32% 31% continued to invest in strategic initiatives aimed at enhancing 31% 32.0
Slide 23: Broad-Based Growth Across All Business Segments
Financial Highlights Broad - Based Growth Across All Business Segments Wholesale Banking (AEDm) Retail Banking (AEDm) Treasury & Global Markets (AEDm) • Largest business segment , accounting for 51% of assets, • Assets grew 54% YTD to AED 56 billion (14 % of total • Assets grew 55% YTD to AED 107 bi
Slide 24: Total Assets Cross AED 400 Billion as Lending Momentum Accelerates
Financial Highlights Total Assets Cross AED 400 Billion as Lending Momentum Accelerates AEDm Sep 2025 Sep 2026 YoY (%) Dec 2025 YTD (%) Key Highlights Loans and Advances to Banks 65,380 61,671 (6%) 65,721 (6%) • Total assets surpassed AED 400 billion, reaching AED 406 Net Loans and Advances to Custo
Slide 25: Best-in-Class Asset Quality Maintained
Financial Highlights Best - in - Class Asset Quality Maintained Non - Performing Loans (AEDm) NPL Ratio (%) Key Highlights • Best - in- class asset quality maintained despite continued balance sheet expansion with customer loans up 13 % QoQ, reflecting disciplined underwriting and resilient portfoli
Slide 26: Diversified Funding Base Supports Lending Growth
Financial Highlights Diversified Funding Base Supports Lending Growth Liability Mix (%) Customer Deposits (AEDm) Key Highlights +27% • Funding mix strengthened as higher repo and medium- term 2% Customer Deposits 6% funding complemented robust deposit inflows, creating a more 7% 227,190 237,090 dive
Slide 27: Liquidity Comfortably Above Regulatory Requirements – LCR at 124%
Financial Highlights Liquidity Comfortably Above Regulatory Requirements – LCR at 124% Liquid Assets* (AEDm) Liquid Asset Ratio (%) Key Highlights • Liquid assets stood at AED 92 billion (+14 % YoY), with a liquid asset ratio of 23%, as surplus liquidity built up in H1 2026 was deployed into lending
Slide 28: Robust Capital Position Supports Continuous Growth
Financial Highlights Robust Capital Position Supports Continuous Growth CET 1 Ratio (%) Tier 1 Capital Ratio (%) Key Highlights • Capital position remained robust , with CET 1 at 13 .2%, Tier 1 at 15 .6% and CAR at 16 .7%, providing a comfortable buffer over regulatory requirements at each level (in
Slide 29: 4. Purpose-Led Growth: Powered by Innovation
4. Purpose - Led Growth: Powered by Innovation 9M 2026 Investor Presentation 29
Slide 30: Leading in Innovation
Purpose - Led Growth: Powered by Innovation Leading in Innovation Digital Innovation NEO CORP Innovation Strategy Mashreq Neo & NeoBiz • A dynamic, digital - first corporate banking platform offering real- time dashboards, multi - currency cash visibility, and Gen AI deployed in production across do
Slide 31: 5. Purpose-Led Growth: Embedded ESG
5. Purpose - Led Growth: Embedded ESG 9M 2026 Investor Presentation 31
Slide 32: Leading With Purpose: Mashreq's ESG Edge
Purpose - Led Growth: Embedded ESG Leading With Purpose: Mashreq’s ESG Edge Climate Employees Strategic Framework LEED Zero Energy Certification 36% Sustainability is embedded in our strategy, aligning ESG Mashreq Global HQ became the first commercial tower in the UAE and Female employees as % of to
Slide 33: Sustainability is Embedded into the Heart of Mashreq's Strategy
Purpose - Led Growth: Embedded ESG Sustainability is Embedded into the Heart of Mashreq’s Strategy Mashreq’s Commitment to ESG Action & Impact Mashreq integrates ESG principles across its operations, fully aligning with the UAE Net Zero 2050 strategy . ESG is not a side • Engaging communities in bio
Slide 34: 6. Appendix
6 .Appendix 9M 2026 Investor Presentation 34
Slide 35: Financial Highlights: Income Statement
Appendix Financial Highlights: Income Statement Income Statement (AEDm) 9M 2026 9M 2025 Δ%YoY Q3 2026 Q2 2026 Q3 2025 Δ%QoQ Δ%YoY Net Interest Income and Income from Islamic Financing 6,518 6,080 7% 2,293 2,187 2,119 5% 8% Fees & Commission 1,076 1,032 4% 360 248 388 45% (7%) Investment Income 599 3
Slide 36: Financial Highlights: Balance Sheet
Appendix Financial Highlights: Balance Sheet Balance Sheet Highlights (AEDm) Sep 2026 Sep 2025 Δ%YoY Sep 2026 Jun 2026 Dec 2025 Δ%QoQ Δ%YTD Loans to Customers 190,618 143,085 33% 190,618 169,088 164,349 13% 16% Loans to Banks 61,671 65,380 (6%) 61,671 62,043 65,721 (1%) (6%) Investments 83,659 47,78
Slide 37: Thank You!
Thank You! www.mashreq.com 9M 2026 Investor Presentation 37