CORPORATE PROFILE September 2020 Enabling Sri Lanka’s first ever revolutionary aquaculture project, establishing a sustainable farm in the ocean to cultivate fresh fish of the highest quality and taste VISION To be an admired leader in providing equitable financial solutions, not limited to numerics, but also in earning the trust of our customers, employees, shareholders and country.

MISSION To adopt a unique and people friendly approach with a passion for continuous improvement, enabling growth and enriching lives of our customers. Strengthening Sri Lanka’s renewable energy resources through partnerships on Mini Hydro Power Plant Projects Who we are

Amãna is the first and only Licensed in Sri Lanka to conduct all its operations under the principles of Islamic banking and be fully disengaged from interest based transactions, offering the full spectrum of Retail Banking, SME Banking, Corporate Banking, Treasury and Trade Finance Services.

With the mission of Enabling Growth and Enriching Lives, the Bank reaches out to its customers through a growing network of branches and Self Banking Centres spread across the country while having access to 4500+ ATMs for withdrawals and 700+ Pay&Go kiosks for deposits. Customers can also benefit from an array of customer conveniences such as Internet & Mobile Banking, Debit Card with SMS alerts, Online Account Opening, Online Applying for Personal Financing , 365 Day Banking, Saturday Banking, Extended Banking Hours, 24x7 Cash Deposit Machines and Banking Units Exclusively for Ladies.

Amãna Bank was recognized as the Best ‘Up-and-Comer’ Islamic Bank of the World by ‘Global Finance Magazine’ at the 18th Annual World’s Best Award Ceremony held in Washington DC, USA. The Bank was also bestowed the coveted title ‘Islamic Finance Entity’ at the inaugural Islamic Finance Forum of South Asia Awards Ceremony. Fitch Ratings has assigned Amãna Bank with a National Long Term Rating of BB+(lka) with a Stable Outlook.

Amãna Bank PLC is a stand-alone institution licensed by the of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah based IsDB Group being the principal shareholder having a 29.97% stake of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with an authorised capital base of over USD 135 Billion which has a membership of 57 countries. Powered by the stability and support of the IsDB Group along with other strategic shareholders, Amãna Bank is making strong inroads within the Sri Lankan banking industry and is focused on capitalizing on the growing market potential for its unique banking model across the country. Our Reach

      

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   Product & Services Contributing towards the establishment of a Maritime Hub by financing bunkering services Board of Directors and CEO

ALI ASGHAR (ASGI) AARON RUSSELL-DAVISON AKBARALLY

Chairman and Non-Executive, Non-Executive, Independent Director Non-Independent Director

MOHAMMED ATAUR RAJIV NANDLAL DVIVEDI RAHMAN CHOWDHURY

Non-Executive, Independent Director Non-Executive, Non-Independent Director

PRADEEP DILSHAN SYED MUHAMMED ASIM RAJEEVA HETTIARATCHI RAZA

Non-Executive, Independent Director Non-Executive, Non-Independent Director Board of Directors and CEO

KHAIRUL MUZAMEL PAUL MERCER PERERA BIN ABDULLAH

Non-Executive, Non-Independent Non-Executive, Non-Independent Director Director

OMAR KASSIM TISHAN SUBASINGHE

Non-Executive, Non-Independent Non-Executive, Independent Director Director

MOHAMED ADAMALY MOHAMED AZMEER

Non-Executive, Non-Independent Chief Executive Officer Director Independent Sharia Supervisory Council

Dr. Muhammad Imran Ashraf Usmani (Chairman)

Ash-Sheikh Ustad Mohd Nazri Bin Chik (Vice Chairman)

Ash-Sheikh M M A Mubarak

Ash-Sheikh Mufti M I M Rizwe

Ash-Sheik Mufti Muhammad Hassan Kaleem Strategic Shareholders

Islamic Development Bank

Islamic Corporation for the Development of the Private Sector

Bank Islam Malaysia Berhad

Akbar Brothers 5 Year Financial Summary

2019 2018 2017 2016 2015 Financing Income (LKR ‘000) 7,709,286 6,883,222 5,544,237 4,039,624 2,885,932 Financing Expenses (LKR ‘000) 4,544,371 3,522,889 2,790,618 2,115,335 1,405,259 Net Operating Income (LKR ‘000) 3,967,690 3,627,890 3,098,138 2,216,095 2,064,305 Operating Profit before VAT, NBT and DRL (LKR ‘000) 1,376,674 1,322,237 1,058,565 271,078 370,964 Profit Before Tax (LKR ‘000) 844,848 902,199 739,319 102,812 218,716 Profit After Tax (LKR ‘000) 460,931 556,446 502,828 40,640 158,629

Total Assets (LKR ‘000) 86,579,570 77,269,767 63,540,083 54,314,987 47,741,872 Advances (LKR ‘000) 57,716,961 52,853,663 42,914,144 38,451,662 33,073,596 Deposits (LKR ‘000) 71,614,753 61,722,683 50,922,561 46,915,290 38,467,460 Net Asset Value Per Share (LKR) 4.74 4.65 4.52 4.63 4.58 Net NPA (%) 1.5 0.9 0.7 0.4 0.3 We are honoured to be awarded the Best ‘Up-and-Coming’ Islamic Bank of the World! Awards & Accolades

2019 Best Islamic Financial Institution in Sri Lanka - Global Finance Awards Best Islamic Bank in Sri Lanka by The Banker Social Responsible Bank of the Year – IRB Awards Gold Award for Finance Entity of the Year at SLIBFI Awards Gold Award for Marketing Campaign of the Year at SLIBFI Awards Silver Award for Product of the Year at SLIBFI Awards Bronze Award for Deal of the Year at SLIBFI Awards Silver Award for Bank of the Year in South Asia at IFFSA Awards Bronze Award for Entity of the Year at IFFSA Awards Gold Award for Product of the Year at IFFSA Awards Gold Award for ‘Best Common ATM Acquirer of the Year’ at LankaPay Technnovation Awards Best Islamic Retail Bank – Global Banking & Finance Review Awards

2018 Global Finance Awards - Best Islamic Finance Institution in Sri Lanka The Banker Awards - Best Islamic Finance Institution in Sri Lanka Gold Award for Islamic Bank of the Year in South Asia at IFFSA Awards 2018 Bronze Award for Islamic Finance Entity of the Year at IFFSA Awards 2018 Bronze Award for Islamic Finance Product of the Year (Apartment Financing) at IFFSA Awards 2018 Global Business Outlook Award – Best SME Bank in Sri Lanka Global Business Outlook Award – Best Islamic Retail Bank in Sri Lanka Global Brands – Best Islamic Finance Brand in Sri Lanka Gold Award for Islamic Finance Campaign of the Year (Gold Certificate Financing) at SLIBFI Awards 2018 Silver Award for Islamic Finance Entity of the Year at SLIBFI Awards 2018 Gold Award for Islamic Finance Product of the Year (Apartment Financing) at SLIBFI Awards 2018 Awards & Accolades

2017 Global Finance Awards - Best Islamic Finance Institution in Sri Lanka The Banker Awards - Best Islamic Finance Institution in Sri Lanka Gold Award for Islamic Finance Product of the Year (Education Financing) at SLIBFI Awards 2017 Gold Award for Islamic Finance Campaign of the Year (Gold Certificate Financing) at SLIBFI Awards 2017 Silver Award for Islamic Finance Deal of the Year at SLIBFI Awards 2017

2016 Global Finance Awards for Best Islamic Finance Institution in Sri Lanka Listed in Global Finance Magazine’s Innovators Index for the Bank’s Gold Certificate Financing product The Banker Magazine - Best Islamic Finance Institution in Sri Lanka Gold Award for Islamic Finance Entity of the Year at the inaugural Islamic Finance Forum of South Asia Awards Night Gold Award for Islamic Finance Deal of the Year at the inaugural Islamic Finance Forum of South Asia Awards Night Silver Award for Islamic Finance Product of the year at the inaugural Islamic Finance Forum of South Asia Awards Night Islamic Finance News Poll Award for Best Islamic Bank in Sri Lanka awarded by Malaysian based RedMoney Group 2015 Global Finance Awards Best Islamic Finance Institution in Sri Lanka Gold Award for Islamic Finance Product of the Year (Gold Certificate Financing) at SLIBFI Awards 2015 Silver Award for Islamic Finance Product of the Year (Savings Plan) at SLIBFI Awards 2015 Silver Award for Islamic Finance Entity of the Year at SLIBFI Awards 2015 Silver Award for Islamic Finance Deal of the Year at SLIBFI Awards 2015 Ranked amongst Sri Lanka’s 100 Most Valuable Brands by Brand Finance Islamic Finance News Poll Award for Best Islamic Bank in Sri Lanka awarded by Malaysian based RedMoney Group

Awards & Accolades

2014 Global Finance Award for Best ‘Up-and-Comer’ Islamic Bank of the World Global Finance Awards Best Islamic Finance Institution in Sri Lanka Islamic Finance News Poll Award for Best Islamic Bank in Sri Lanka awarded by Malaysian based RedMoney Group

2013 Gold Award for Islamic Finance Entity of the Year at the Sri Lanka Islamic Banking and Finance Industry Awards Night Gold Award for Islamic Finance Deal of the Year at the Sri Lanka Islamic Banking and Finance Industry Awards Night for financing the Lower Kotmale Mini Hydro Power Project Islamic Finance News Poll Award for Best Islamic Bank in Sri Lanka awarded by Malaysian based RedMoney Group 2012 Islamic Finance News Poll Award for Best Islamic Bank in Sri Lanka awarded by Malaysian based RedMoney Group Global Commerce Excellence Award for bringing in foreign investment during times of terrorism, awarded by Central Bank of Sri Lanka, Board of Investment, Sri Lanka Ports Authority and Airport Aviation Services of Sri Lanka Sri Lanka Islamic Banking and Finance Industry Award for Islamic Finance Entity of the Year adjudged by KPMG Silver Award for Overall Annual Report under the 'National Banks' category at the 26th ARC Awards organized by New York based Mercomm Inc. 2011 Islamic Finance News Poll Award for Best Islamic Bank in Sri Lanka awarded by Malaysian based RedMoney Group Have you ever considered what happens to an orphan once they reach the age of 18?

We have seen and responded to orphans as children calling out for our support. However, we have been blind to their problems as they reach maturity.

As vulnerable young adults, they are often flung in to society without guidance or support. They remain faceless and voiceless, unseen and unheard.

We invite you to contribute and collaborate with our novel approach to empowering orphans as they reach adulthood.

It’s not just about giving them a chance at life. It’s about giving them a choice in their future. Towards creating a lasting impact on society and as an initiative towards ‘giving back’, Amãna Bank launched its flagship CSR venture OrphanCare in 2019. Established as an independent trust, OrphanCare aims to address a very important yet mostly unattended need of orphan children; which is securing the fate of orphans once they reach the age of 18 and are compelled to leave institutional care.

Our approach seeks to intervene in a vital and decisive aspect of the problem: funding. Just as we encourage parents to start saving for their children early, we have created a Trust for orphans to provide them with some measure of financial security when they reach maturity. Guided by Article 2 of the United Nations Convention on the Rights of the Child, all enrolment will be irrespective of the child’s or their parent’s or legal guardian’s race, colour, sex, language, religion, political or other opinion, national, ethnic or social origin, property, disability, birth or other status. The Trust makes deposits periodically into orphans’ accounts until they reach the age of 18, at which point the funds will become accessible.

Two foundational principles defined the very essence and identity of the Trust. Every rupee donated to the OrphanCare Trust will be directly allocated for orphan accounts. Amãna Bank will bear all operating and administrative costs of the Trust.

With over 14,000 registered orphans in the country, Amãna Bank OrphanCare has to date enrolled over 2,700 orphans to the program representing 75+ orphanages with the objective of reaching out to all orphans in the country. Through the OrphanCare initiative, Amana Bank is contributing towards UN Sustainable Development Goals on No Poverty (1) and Reduced Inequalities (10).

Independent Trustee Board Ruzly Hussain (Chairman) | Rohan Tudawe (Treasurer) | Osman Kassim | K R Ravindran | Harsha Amarasekera PC | Tyeab Akbarally Sharad Amalean | Mohamed Jazri Magdon Ismail | Mohamed Azmeer

Contact Details Azad Zaheed (Head of OrphanCare) | E-mail : [email protected] | Tel: +94 11 775 6 775 | www.amanabank.lk Contribution to Sustainable Development Goals

The Bank’s flagship CSR venture Amãna Bank OrphanCare is aimed at financially supporting orphan children who age out of orphanages, so that they can be independent in managing for themselves and not get caught to the poverty trap. Through the Bank’s unique Gold Safekeeping solution, the Bank has reached out to customer segments that hitherto have been un-banked and under-banked.

A key focus of the Bank’s CSR activities continues to revolve around education. Over the years the Bank has contributed to many scholarship programmes. The Bank has also generously contributed stationery items for schools and institutions. The Bank has facilitated many requests of less privileged students in pursuing higher education.

To provide greater comfort and privacy in understanding the different needs of its female customers, Amãna Bank is the only Bank in Sri Lanka to establish a dedicated banking unit catering to female customers.

Accessibility to drinking water continues to be a major challenge for most rural localities in the country. Understanding this predicament, Amãna Bank initiated many programmes to provide clean water including setting up of wells and water purification plants as well as distributing water purifiers. Contribution to Sustainable Development Goals

As an alternative for fossil fuel consumption, the Bank has been actively promoting its Solar Financing to facilitate its customers switching to green energy. Testifying the Bank’s commitment to go green, the electricity to Amãna Bank’s Corporate Office is also generated through Solar energy. At a national level, the Bank has also encouraged and financed businesses that generate renewable energy to the National Grid.

The Bank’s strategic focus is primarily being a Retail and SME Bank, thus it continues to support the various SME industries through financing as well as through moratoriums granted for repayments. Unlike a traditional lender and borrowing relationship where the lender dictates terms, the Bank’s unique banking model fosters a healthier and mutually benefiting relationship which is favourable to SME customers on the long run. This is why the Bank recognises genuine misfortunes and doesn't believe in profiting from the likes of late payment penalties.

The Bank has been supporting low income families through its Gold Safekeeping facility, which facilitates the option of convenient credit at grass root levels. The Bank's OrphanCare programme also contributes towards inclusive development through empowering vulnerable youth.

The Bank has undertaken many initiatives to ensure the Bank’s usage of paper is limited through investing in technology. Some of the key initiatives include online account opening, e-statements and SMS alerts, voucher less deposits, one time password/PIN (OTP) via SMS instead of PIN mailers and scan based approval systems. Supporting the country’s internationally renowned tea industry to develop to its full potential Management

Management Committee AVPs & Heads of Departments

Mohamed Azmeer (Chief Executive Officer) Dayani de Silva (Company Secretary) M M S Quvylidh (SVP - Chief Risk Officer) Farhan Refai (Head of Human Resources) M Pharis Jazeel (SVP - Treasury and Financial Institutions) Chaminda De Silva (AVP - Commercial Leasing) Ajmal Naleer (Chief Compliance Officer) Sulani Dayaratne (Head of Legal) Ali Wahid (Chief Financial Officer) Nazhan Naurooz (In-house Sharia Advisor) Siddeeque Akbar (VP - Retail Banking & Marketing) Irshad Iqbal (VP - Business Banking) Rajitha Dissanayake (Chief Information Officer) Imtiaz Iqbal (VP - Operations) Fazly Marikar (VP - Strategy Management & Product Innovation) Numair Cassim (Chief Internal Auditor) Encouraging households to go green and embrace sustainable energy consumption by financing the purchase of solar power systems Corporate Information

NAME OF COMPANY Amãna Bank PLC COMPANY REGISTRATION NUMBER PB 3618 PQ (Under the Companies Act No. 07 of 2007) LEGAL FORM A Public Quoted Company Incorporated in Sri Lanka in February 2009 and Licensed by the Central Bank of Sri Lanka BUSINESS Commercial Banking Entirely Based on Non-interest based banking principles REGISTERED ADDRESS No. 486, Galle Road, Colombo 3 COMPANY SECRETARY Mrs. S. Dayani de Silva EXTERNAL AUDITORS Messrs Ernst & Young Chartered Accountants No. 201, De Saram Place Colombo 10 EXTERNAL LAWYERS Messrs F J & G de Saram Attorneys-at-Law 216, De Saram Place Colombo 10 SWIFT CODE AMNALKLX Call 011 7 756 756 www.amanabank.lk