Financial Highlights Year ended December 31, 2020 Askari Limited – basic info

Commencement of operations April 1992 Sponsors Group (71.91%) Entity Rating AA+(by PACRA) Market capitalization - Rupees in billion 29 Market share of deposits (September 2020) 4.36% Branches / sub branches - in 537 (including 95 islamic branches) International presence Wholesale branch in Bahrain Rep.office in Beijing,China Employees 7,949 Head office / Registered office Islamabad /

Askari Bank Limited – Financial Highlights 1 Balance Sheet – as of December 31, 2020 (Rupees in million)

YE '19 YE '20 Change ASSETS Cash, bank bal. & lendings 91,332 81,371 -11% Investments - net 305,436 449,687 47% Advances - net 372,914 395,374 6% Fixed & other assets 63,527 66,085 4% Total Assets 833,208 992,517 19%

LIABILITIES Borrowings 51,188 84,164 64% Deposits & other accounts 679,299 791,187 16% Subordinated debts 9,992 12,000 20% Other liabilities 50,473 50,620 0% Total Liabilities 790,952 937,971 19%

EQUITY Share capital 12,603 12,603 0% Reserves & un-app. profit 25,353 34,306 35% Surplus on reval. of assets 4,300 7,637 78% Total Equity 42,256 54,546 29%

Book value per share - Rupees 33.5 43.3 29%

Askari Bank Limited – Financial Highlights 2 Profit & Loss – Year ended December 31, 2020 (Rupees in million)

Profit & Loss FY '19 FY '20 YoY Mark-up earned 71,704 77,322 8% Mark-up expensed 49,569 47,059 -5% Net Interest Income (NII) 22,136 30,263 37% Non Fund Income (NFI) 7,404 9,694 31% Total income 29,540 39,957 35% Admn & other expenses 18,377 20,215 10% Profit before provision and tax 11,163 19,742 77% Provisions 773 1,975 155% Profit before tax 10,390 17,767 71% Taxation 3,372 6,967 107% Profit after taxation 7,017 10,800 54% Earnings Per Share - Rupees 5.57 8.57 54%

Askari Bank Limited – Financial Highlights 3 Key Ratios – as of December 31, 2020

Askari Bank Earnings YE '19 YE '20 Return on core equity 20.1% 25.5% Return on assets - annualized 0.9% 1.2% Performance Cost to income ratio 62.2% 50.6% Advances to deposits 54.9% 50.0% Investments to deposits 45.0% 56.8% Non-remunerative to total deposits 28.7% 31.8% Asset Quality NPLs to gross advances 7.1% 6.7% Provision coverage 91.1% 93.1% Net NPLs to net advances 0.7% 0.5% Capital Capital Adequacy Ratio 13.4% 15.5% Leverage Ratio 3.5% 3.6% Market Price earning (PE) - times 3.3 2.7 Price to book value - times 0.6 0.5

Askari Bank Limited – Financial Highlights 4 Deposits – as of December 31, 2020

Rupees in million YE. '19 YE. '20 Change DEPOSITS Current 194,843 251,457 29.1% Savings 362,439 437,432 20.7% Term 122,017 102,298 -16.2% Total Deposits 679,299 791,187 16.5%

Total deposits CASA

Term 791 13% Current

679 32%

574

526

689 473

557 Savings 486

443 55% 386

YE.`16 YE.`17 YE.`18 YE.`19 YE.`20

Askari Bank Limited – Financial Highlights 5 Askari Bank AskariLimitedBank 10.0 20.0 30.0 40.0 100 150 200 250 300 350 400 450 AdvancesQuality & Assets’ 50 - - YE.`16 10.9% YE.`16 94.5% 28.5 262 27.0 NPLs YE.`17 YE.`17 95.9% 9.4% – 26.8 Gross Advances

Financial Highlights Financial 284 25.6 Provision Held Provision YE.`18 YE.`18 98.1% 7.2% 26.7 369 26.2 YE.`19 YE.`19 91.1% NPLsRatio 28.1 7.1% 399 25.6 Coverage YE.`20 93.0% YE.`20 28.4 6.6% 422 –

26.4 2020 31, Decemberas of 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 70.0% 75.0% 80.0% 85.0% 90.0% 95.0% 100.0% ADVANCES CONCENTRATION ADVANCES 12% 7% 7% Cement, Construction& Mining Chemicaland Pharmaceuticals Rice, Sugar Agri& Power Textile& LeatherProducts Services/ Others Individuals Public/Government 3% 27% 5% 31% 8% 6 Investments – as of December 31, 2020

Rupees in million YE. '20 YE. '19 Change INVESTMENTS GoP Securities Other debt Instruments Market Treasury Bills 122,066 129,094 -5.4% Shares Pakistan Investment Bonds 282,938 138,589 104.2% Foreign TFCs / Sukuks 24,574 20,963 17.2% 1% Shares / Units 6,295 7,423 -15.2% 7% 1% Euro bonds 6,748 6,629 1.8% GOP Bai Mujjal 5,246 5,246 0.0% Foreign securities 3,859 3,407 13.3% Investments at cost 451,726 311,352 45.1% 91%

Askari Bank Limited – Financial Highlights 7