Alrayan Bank · QSE:MARK
Alrayan Bank — 9M 2026 Earnings Presentation
51 slides from Alrayan Bank's earnings presentation, October 2026
Slide 1: Investor Presentation 9M 2026
Investor Presentation 9M 2026
Slide 2: Contents
Contents A Leading Islamic Bank in Qatar 03 LEAD Strategy Update 07 Financial Performance 13 ESG 45 Appendix 49 2 AlRayan Bank | Investor Presentation
Slide 3: A Leading Islamic Bank in Qatar
A Leading Islamic Bank in Qatar
Slide 4: AlRayan: A Leading Islamic Bank in Qatar
Overview Strategy Financial ESG Appendix AlRayan: A Leading Islamic Bank in Qatar Overview Via AlRayan Bank Plc (formerly known as Islamic Bank of Britain Plc) 184bn 1 branch in Paris, France total assets, QAR 3Q 2026 2 branches 13 branches 104 ATMs largest Islamic bank in Qatar by total assets 2nd
Slide 5: The merger created a larger, better-capitalized ARB
Overview Strategy Financial ESG Appendix The merger created a larger, better - capitalized ARB… Masraf Al Rayan Total Assets Total Equity 3Q 2026 3Q 2026 QAR 125bn assets, 2021 QAR 184.4 Bn QAR 25.8 Bn Capital Adequacy Legacy NPF Al Khaliji Ratio 3Q 2026 QAR 59bn 3Q 2026 assets, 2021 25.6% Q
Slide 6: Focus on cleaning up the legacy non-performing book
Overview Strategy Financial ESG Appendix …with the focus on cleaning up the legacy non - performing book 2021–22 Merger NPF1 overhang 2023–26 Clean-up 2026+ Inflection NPF Ratio | % Stage 3 Coverage | % Provision charges related to legacy NPFs | QAR Mn 6.0% 68% 1,020 1,000 NPF ratio 62% after merger
Slide 7: LEAD Strategy Update
LEAD Strategy Update
Slide 8: LEAD provides the framework for stronger relationships and profitable growth
Overview Strategy Financial ESG Appendix LEAD provides the framework for stronger relationships and profitable growth Launched in 2024 as a three-year strategy to become the leading Islamic bank and partner of choice L E A D Leaders in Execution Accelerated Drive towards customer centricity excellen
Slide 9: With foundations in place, LEAD execution is scaling from 2026
Overview Strategy Financial ESG Appendix With the foundations in place, LEAD execution is scaling from 2026 2024-25 Design and build the foundation 2026+ Scale execution 2024 Design 2025 Build ■ Initiatives expanded to 40+, ■ Strategy designed and approved by the ■ Strategy Delivery and Value tracke
Slide 10: LEAD execution is delivering early improvements in pricing and funding mix
Overview Strategy Financial ESG Appendix LEAD execution is delivering early improvements in pricing and funding mix FOCUS AREA METRIC FY 2025 3Q 2026 PROGRESS Capture lending market share in the Private sector share 01 private sector of financing 50.6% 54.0% Selective growth; 30% faster credit time-
Slide 11: Capital headroom supports redeployment into higher-return financing
Overview Strategy Financial ESG Appendix Capital headroom supports redeployment into higher - return financing Significant headroom for growth Reinvesting to generate higher returns While maintaining competitive shareholder returns 1 Capital Adequacy Ratio (CAR) | % DPS & Dividend Yield | QAR % 5.0%
Slide 12: Outlook remains resilient with long-term potential
Overview Overview Strategy Financial LEAD transformation ESG Financial Performance Appendix Appendix Despite regional tensions, the outlook remains resilient with long - term potential Economic outlook1 Sovereign buffers Banking sector stability2 Private wealth pool3 Real GDP Growth | % 18.8 QAR 262
Slide 13: Financial Performance
Financial Performance
Slide 14: Financial Performance 9M 2026
Financial Performance 9M 2026
Slide 15: Resilient 9M performance amidst a challenging operating environment
Highlights Overview Strategy Financial ESG Appendix Resilient 9 M performance amidst a challenging operating environment Financing Assets Investment Securities Customer Deposits QAR 115.9 Bn QAR 50.3 Bn QAR 122.8 Bn +2% YoY +8% YoY +8 % YoY Net Operating Income Net Profit Margin | % Cost-to-in
Slide 16: Modest balance sheet growth driven by investments and customer deposits
Balance Sheet Overview Strategy Financial ESG Appendix Modest balance sheet growth driven by investments and customer deposits Highlights Total Assets Movement | QAR Bn Prudent balance sheet growth amid continued geopolitical challenges +5% Overall balance sheet grew 5% driven by financing and inves
Slide 17: Financing recovered on stronger commercial segment activity
Financing Overview Strategy Financial ESG Appendix Financing recovered on stronger commercial segment activity Net Financing Assets | QAR Bn Net Financing Assets Movement | QAR Bn +2% +2% 113.4 118.2 112.0 113.7 115.9 4.7 0.2 (0.7) 0.4 115.9 113.4 (2.2) -3% +8% +4% +12% -4% +4% -5% +2% +2% 3Q 25 Gov
Slide 18: Investment securities book grew 8%, with stable sovereign debt exposure
Investment Securities Overview Strategy Financial ESG Appendix Investment securities book grew 8 %, with stable sovereign debt exposure Investment Securities | QAR Bn Investment Securities Exposure | % +8% 14% 15% 15% 15% 15% 52.2 50.3 46.6 45.9 47.7 86% 85% 85% 85% 85% -1% +4% +10% -4% 3Q 25 4Q 25
Slide 19: Customer funding strengthened with CASA ratio improving to 20.1%
Customer Deposits Overview Strategy Financial ESG Appendix Customer funding strengthened with CASA Ratio improving to 20.1% Customer Deposits | QAR Bn Customer Deposits Movement | QAR Bn +8% +8% 113.6 115.8 120.0 122.8 4.3 122.8 111.1 6.8 (2.0) 19.8 24.7 113.6 93.8 98.0 -2% +4% +4% +2% 3Q 25 4Q 25 1
Slide 20: Wholesale funding declined 6% YoY, but remains well-diversified
Wholesale Funding Overview Strategy Financial ESG Appendix Wholesale funding declined 6 % YoY, but remains well - diversified Wholesale Funding | QAR Bn Wholesale Funding to Total Liabilities | % -6% 25.4% 39.5 32.7 34.1 30.7 29.6 21.7% 6.1 21.5% 6.9 2.9 2.3 19.7% 19.3% 23.7 21.5 +21% -25% +15% -10%
Slide 21: Net income impacted by lower fee & other income and global minimum tax
Profit & Loss Overview Strategy Financial ESG Appendix Net income impacted by lower fee & other income and global minimum tax ROE YTD ROA YTD Net Profit Movement YoY | QAR Mn -26% 5.4 % 0.72% 7.3% 1.02% 1,320 21 (278) 5.7% 5.4% 0.76% 0.72% (22) 72 (126) (9) 978 Impact of lower recoveries 9M 25 9
Slide 22: Core net profit remains relatively resilient amid geopolitical uncertainty
Profit & Loss Overview Strategy Financial ESG Appendix Core net profit remains relatively resilient amid geopolitical uncertainty Core Net Profit Movement | QAR Mn -26% -5% 466 0 (351) 1,435 21 (68) (22) 15 (10) (9) 1,361 (408) 1,320 (116) 141 978 +1% -14% +3% -11% +46% +56% 9M 25 Legacy Global Reco
Slide 23: Yield improved sequentially on higher rates and improving asset mix
Yield Overview Strategy Financial ESG Appendix Yield improved sequentially on higher rates and improving asset mix Yield Yield Financing & Investment Income | QAR Mn YTD QTR -4% 2,122 2,009 2,010 1,985 2,048 46 4.79% -0.45 % YoY 4.81% +0.04% QoQ 541 58 571 5.24% 5.19% 1,536 4.77% 4.79% 4.77% 4.8
Slide 24: Funding costs improved YoY, but increased QoQ
Cost of Funds Overview Strategy Financial ESG Appendix Funding costs improved YoY, but increased QoQ reflecting market rate repricing Cost of Funds Cost of Funds Funding Expense | QAR Mn YTD QTR -8% 1,537 1,492 1,402 1,420 1,355 3.69 % -0.47 % YoY 3.70 % +0.08 % QoQ 389 357 4.16% 4.20% 1,149 1,0
Slide 25: NPM began to recover sequentially in 2026
NPM Overview Strategy Financial ESG Appendix NPM began to recover sequentially in 2026 , but remains below 9 M 2025 levels Net Profit Margin Net Profit Margin Yield, Cost of Funds & QCB Deposit Rate | % YTD QTR 5.19% 4.83% 4.84% 4.77% 4.81% 4.52% 1.48% -0.05 % YoY 1.47% -0.04 % QoQ 4.02% 3.85% 3
Slide 26: Fee & other income impacted by lower fees and recoveries
Fee & Other Income Overview Strategy Financial ESG Appendix Fee & other income impacted by lower fees and recoveries Fee & Other Income | QAR Mn Fee & Other Income Movement | QAR Mn -51% -33% 371 851 (91) 2 (189) 213 191 199 183 573 138 87 Impact of lower 158 -63% +39% +4% -8% 96 recoveries 3Q 25 4Q
Slide 27: OPEX growth in line with inflation, while weaker income pressured efficiency
OPEX Overview Strategy Financial ESG Appendix OPEX growth in line with inflation, while weaker income pressured efficiency Cost-to-income Ratio Cost-to-income Ratio Cost to Average Income Earning Assets | % YTD QTR 0.80% 0.75% 0.76% 0.76% 30.7 % +3.8 % YoY 31.9% +1.6% QoQ 0.60% 0.58% 0.60% 0.61%
Slide 28: Cost of risk increased QoQ on higher BAU provisions
Cost of Risk Overview Strategy Financial ESG Appendix Cost of risk increased QoQ on higher BAU provisions Cost of Risk Impairment Charge on Financing Assets | QAR Mn YTD +4% -15% 208 208 610 201 521 0.60 % -0.12% YoY 33 147 166 83 144 112 0.73% 0.60% 168 466 409 +3% -29% +12% +26% 125 0.55% 3Q 25
Slide 29: Coverage gradually improving as legacy clean-up progresses
Asset Quality Overview Strategy Financial ESG Appendix Coverage gradually improving as legacy clean - up progresses Highlights NPF Coverage NPF & NPF Ratio | QAR Bn & % QTR 5.3% 5.1% 5.4% 5.2% ■ NPF trend improving as bank 5.1% remains prudent on financing 6.3 6.3 6.3 6.2 6.2 ■ Coverage has improv
Slide 30: Strong capital position with ample headroom above regulatory requirements
Capital Overview Strategy Financial Capital ESG Appendix Strong capital position with ample headroom above regulatory requirements Capitalization Ratios | % Risk Weighted Assets & RWA to AIEA 1 | QAR Bn & % 26.2% 59.4% 58.1% 57.7% 59.1% 58.5% 25.9% 25.6% 25.6% 25.3% 97.2 96.7 95.9 98.5 99.8 25.1% 24
Slide 31: Liquidity remains comfortable across key regulatory measures
Liquidity Overview Strategy Financial ESG Appendix Liquidity remains comfortable across key regulatory measures Loan to Deposit Ratio Regulatory Loan to High-Quality Liquid Assets & LCR | QAR Bn & % QTR Deposit Ratio 175.2% 179.0% 175.8% 157.2% QTR 151.5% 41.2 43.9 43.0 39.6 94.4 % -5.4 % YoY 90
Slide 32: Financial Guidance & Outlook
Financial Guidance & Outlook
Slide 33: FY 2026 guidance is in line with previous expectations and 9M 2026 trends
Overview Strategy Financial ESG Appendix FY 2026 guidance is in line with previous expectations and 9 M 2026 trends Metric FY 2025 Baseline FY 2026 Guidance 9M 2026 Actual 01 Financing Growth YoY QAR 118bn Low single-digit +2.2% YoY 02 Net Profit Margin (NPM) YTD, annualized 1.45% Slight increase 1.
Slide 34: Long Term Performance
Long Term Performance
Slide 35: Balance sheet growth has remained modest since the merger
Balance Sheet Overview Strategy Financial ESG Appendix Balance sheet growth has remained modest since the merger Total Assets | QAR Bn Financing Assets | QAR Bn Customer Deposits | QAR Bn +3% CAGR +0% CAGR +5% CAGR 181.3 117.9 110.0 118.2 111.1 167.5 164.2 171.1 108.2 107.6 97.3 92.7 -2% +4% +6% -8%
Slide 36: Returns have remained subdued, reflecting margin and credit cost pressures
Income Statement Overview Strategy Financial ESG Appendix Returns have remained subdued, reflecting margin and credit cost pressures Net Operating Income | QAR Bn Operating Expenses | QAR Bn Net Profit | QAR Bn -8% CAGR -6% CAGR -0% CAGR 4.3 1.2 3.6 3.5 3.4 1.5 0.6 1.0 1.3 1.5 0.9 0.9 1.3 1.0 3.6 -1
Slide 37: Maintained investment-grade credit ratings through post-merger period
Overview Strategy Financial ESG Appendix Maintained Investment - grade credit ratings through post - merger period Report dated May 2026 Long Term Rating A2 Outlook Stable Short Term Rating P-1 Report dated Sep 2026 Long Term Rating A Outlook Negative Short Term Rating F1 37 AlRayan Bank | Investor
Slide 38: Segment Reporting
Segment Reporting
Slide 39: Corporate segment remains the highest contributor of assets and income
Segment Reporting Overview Strategy Financial ESG Appendix Corporate segment remains the highest contributor of assets and income Total Assets Movement | QAR Bn Total Liabilities & Customer Deposits Movement | QAR Bn +5% +5% 4.1 0.0 184.4 9.1 (0.5) (5.0) 1.0 158.7 3.6 3.2 0.1 (0.0) 176.4 (0.6) 1.1 1
Slide 40: Corporate Banking: Earnings declined due to lower financing income
Segment Reporting Overview Strategy Financial ESG Appendix Corporate Banking: Earnings declined due to lower financing income Balance Sheet Summary Profit before Tax Movement | QAR Mn QAR Bn 3Q 2026 4Q 2025 Δ% 3Q 2025 Δ% -30% Total assets 76.7 80.8 -5% 77.3 -1% Total Liabilities & Customer Deposits
Slide 41: Retail Banking: Profitability declined due to lower fees and recoveries
Segment Reporting Overview Strategy Financial ESG Appendix Retail Banking: Profitability declined due to lower fees and recoveries Balance Sheet Summary Profit before Tax Movement | QAR Mn QAR Bn 3Q 2026 4Q 2025 Δ% 3Q 2025 Δ% Total assets 25.6 25.3 +2% 24.5 +5% -27% Total Liabilities & Customer Depo
Slide 42: Treasury: Profits increased driven by higher investment income
Segment Reporting Overview Strategy Financial ESG Appendix Treasury: Profits increased driven by higher investment income Balance Sheet Summary Profit before Tax Movement | QAR Mn QAR Bn 3Q 2026 4Q 2025 Δ% 3Q 2025 Δ% +2% Total assets 50.4 47.4 +6% 47.2 +7% Total Liabilities & Customer Deposits 51.1
Slide 43: Asset Management: Segment continues to scale, with rising AUM and fees
Segment Reporting Overview Strategy Financial ESG Appendix Asset Management: Segment continues to scale, with rising AUM and fees Balance Sheet Summary Profit before Tax Movement | QAR Mn QAR Bn 3Q 2026 4Q 2025 Δ% 3Q 2025 Δ% +42% Total assets 0.5 0.5 +17% 0.4 +26% Total Liabilities & Customer Deposi
Slide 44: International: Strong profit growth from improved financing income and impairments
Segment Reporting Overview Strategy Financial ESG Appendix International: Strong profit growth from improved fin. income and impairments Balance Sheet Summary Profit before Tax Movement | QAR Mn QAR Bn 3Q 2026 4Q 2025 Δ% 3Q 2025 Δ% Total assets 21.8 18.2 +20% 17.7 +23% +55% Total Liabilities & Custo
Slide 45: ESG
ESG
Slide 46: Strong ESG strategy execution and alignment with international frameworks
ESG Overview Strategy Financial ESG Appendix Strong ESG strategy execution reflected in key achievements and alignment with international frameworks Purpose & vision Business Model Drivers Enablers Guiding Framework ■ Lead ESG and Sustainable Finance in ■ Regulatory & Stakeholder Expectations ■ ESG
Slide 47: Materiality assessment identified key priorities that shape our ESG strategy
ESG Overview Strategy Financial ESG Appendix Materiality assessment identified key priorities that shape our ESG strategy Identify High Criticality Medium Criticality Low Criticality Research and map ESG topics from ■ Climate Change & Transition ■ Responsible Procurement ■ Nature & Biodiversity cred
Slide 48: Driving leadership in sustainable finance and strong performance across ESG metrics
ESG Overview Strategy Financial ESG Appendix Driving leadership in sustainable finance and strong performance across ESG metrics Key ESG Highlights Environmental Performance Social Performance Governance Performance ■ Board-approved ESG Strategy 2026–2030 — phased roadmap GHG Scope 1 Female Particpa
Slide 49: Appendix
Appendix
Slide 50: IR Contacts
Overview Overview Strategy Financial LEAD transformation ESG Financial Performance Appendix Appendix IR Contacts For more information, please contact us at: Access our IR website AlRayan Bank ARB IR Website P.O. Box 28888 Doha-Qatar IR mail: [email protected] Institutional investor contact Access our F
Slide 51: Disclaimer
Overview Overview Strategy Financial LEAD transformation ESG Financial Performance Appendix Appendix Disclaimer This presentation has been prepared by Al Rayan Bank P.Q.S.C. ("ARB" or the "Bank") on a proprietary and confidential basis solely for information and discussion purposes. The information