Press release

Following QNB’s acquisition of Turkey’s Finansbank

27,300 employees operating at 1,200 branches in 30 countries

Doha, 15 June-2016, QNB Group, a leading financial institution in the Middle East and Africa, announced today, that it has completed the acquisition of 99.81% stake in Finansbank A.Ş. in Turkey.

This transaction is a significant milestone in QNB Group’s strategy of international expansion. With the addition of Turkey as a new market and one of the leading Turkish to its network, QNB Group further extends its international presence and will be able to increasingly benefit from the rapid development of trade and the strengthening of economic ties between Turkey and the Middle East in general, as well as between and Turkey in particular. This also reflects QNB Group’s confidence in the long-term prospects of the financial sector and economy of Turkey.

Finansbank is the 5th largest privately owned universal in Turkey by total assets, customer deposits and loans. The bank has organically grown into a leading financial institution with a proven and experienced management team. With a nationwide distribution network of over 620 branches and more than 12 thousand employees, it has more than 5.3 million active customers. As of 31 March 2016, Finansbank has US$32.0 billion of assets, US$21.8 billion in loans and US$17.3 billion in deposits and total equity amounted to US$3.8 billion as per International Financial Reporting Standards.

QNB Group’s Chief Executive Officer Ali Ahmed Al-Kuwari stated:

“This transaction is a breakthrough in QNB’s vision to becoming a Middle East and Africa Icon by 2017. Our strategy is to focus on high-growth markets where we see a competitive advantage. Turkey, with its significant market size, population, growth track record, strong economic and banking sector and strategic location as a gateway between Europe, Asia and Africa, represents such a market. We are very excited to be part of Turkey’s and Finansbank’s future development and further enhancing the overall connectivity with international markets and bring Finansbank to the next level as part of the QNB Group”

QNB Group currently owns 99.81% of Finansbank and will launch a Mandatory Tender Offer (MTO) in Turkey for the remaining 0.19%.

Also commenting on the acquisition, Ömer Aras, the Chairman and Group CEO of Finansbank said:

“The acquisition signifies a thrilling milestone for Finansbank. We are extremely excited to enter into a new era and be part of the QNB Group, and this deal represents a perfect

proof of Finansbank’s excellence and globally acknowledged standards. We believe that this acquisition will allow us to take Finansbank to a new level and offer exceptional services for our customers and stakeholders through the large international QNB network which we are now part of.”

QNB Group has steadily grown to be the biggest bank in Qatar and a leading financial institution in the Middle East and Africa region. It is considered the most valuable banking brand in the Middle East and Africa and is the highest rated bank among the international banks operating in Turkey.

The Group’s presence with the recent inclusion of Finansbank now spans more than 30 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 27,300 operating through more than 1,200 locations, with an ATM network of more than 4,300 machines.

-ENDS-

QNB Group

Qatar National Bank S.A.Q (QNB Group) was established in 1964 as the country’s first Qatari-owned , with an ownership structure split between the Qatar Investment Authority (50%) and (50%) held by members of the public.

QNB Group has steadily grown to be the biggest bank in Qatar and the leading financial institution in the Middle East and Africa region.

For the three months ended 31 March 2016, the Group recorded a net profit of QAR2.9 billion (USD787 million), up by 7% compared to the same period last year. Total assets increased by 10% from March 2015 to reach QAR550 billion (USD151.1 billion), the highest ever achieved by the Group. This was driven by a growth rate of 16% in loans and advances to reach QAR402 billion (USD110.4 billion).

QNB Group continued its robust international expansion. During 2016, the Group finalised the acquisition of 99.81% stake in Finansbank A.Ş. in Turkey. The Group also commenced operations in Myanmar through a representative office.

In 2015, the Group officially started operating its “Qatar National Bank S.A.Q-. Chi Minh City Representative Office” in Vietnam. In addition, QNB received approval from the Saudi cabinet to open a branch in the Kingdom, this process has commenced.

QNB owns a 20.0% stake in Transnational Incorporated (Ecobank), the leading pan-African bank. In 2013, the Group successfully completed the acquisition of a controlling stake of the second largest private bank in Egypt, QNB ALAHLI, amounting to 97.12%. The Group has also extended its regional reach by acquiring stakes in various financial institutions including 35% stake in the Jordan-based, the Housing Bank for

Trade and Finance (HBTF), 40% in Commercial Bank International (CBI) based in the United Arab Emirates (UAE), 99.96% of QNB Tunisia, 51% in the Iraqi-based Al- Mansour Investment Bank, 49% of the Libyan based Bank of Commerce & Development and 20% stake in Al Jazeera Finance Company in . QNB Group also retains 51% stake in QNB-Syria and an 82.59% stake in QNB Indonesia.

With the recent inclusion of Finansbank, the Group’s presence through its subsidiaries and associate companies now extends to more than 30 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 27,300 operating through more than 1,200 locations, with an ATM network of more than 4,300 machines.

QNB Group has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A+), Moody’s (Aa3), Fitch (AA-), and Capital Intelligence (AA-). The Bank has also been the recipient of many awards from leading international specialised financial publications.

The Group provides an array of services through its subsidiary, QNB Capital, to corporate, government and institutional clients within Qatar and globally. QNB Capital has one of the best corporate finance teams in the GCC region offering extensive transaction experience and in depth advisory – including mergers and acquisitions, equity and debt capital markets, and project financing advisory. The Group also offers brokerage services through its subsidiary, QNB (QNB FS), the first independently regulated, licensed brokerage company launched by a bank in Qatar. QNB FS offers a multi-market, multi-currency trading platform with access to several markets.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB is currently ranked as the most valuable bank brand in The Middle East and Africa, according to Brand Finance Magazine.

Bloomberg Markets, the leading provider of Business, Financial and Economic news, has been ranking QNB as “One of the World’s Strongest Banks” since 2013.

The Global Finance Magazine ranked QNB as “One of The Top 50 Safest Banks in the World” in 2013. For two consecutive years, 2014 and 2015, the Bank was recognized as “The Best Bank in The Middle East” by Euromoney Magazine. QNB Group has an active community support program and sponsors various social, educational and sporting events.

Finansbank A.Ş – Turkey

Finansbank, established in Turkey in 1987, is a subsidiary of QNB, and is one of the 5th largest private banks operating in the country. Finansbank serves more than 5.3 million customers through more than 12,000 banking professionals. Finansbank operates through a large corporate and retail platform complemented by ancillary services

including investment banking, brokerage, leasing, factoring and asset management. Finansbank has over 620 branches, covering 71 out of 81 cities of Turkey.