Attijariwafa bank 2016 Group’s Profile Attijariwafa bank is a leading banking and financial Group in North Africa, WAEMU (West African Economic and Monetary Union) and EMCCA (Economic and Monetary Community of Central Africa).. Network, customers & staff Financial highlights at 30 June 2016 Consolidated/IFRS at 30 June 2016 (+3.1 %)* 3,844 Branches Total assets 416.2 Billon MAD 3,122 Branches in Morocco (+3.5%)* Net banking income 10.1 Billon MAD 222 Branches in North Africa (+7.1 %)* Net income Billon MAD 70 Branches in Europe and the Middle East 3.0 324 Branches in West Africa (+7.9 %)* Net income group share Billon MAD 2.5 Branches in Central Africa 106 ROE (1) 15.5% NPL ratio 7.1 % ROA (2) 1.4% Coverage ratio 72.2% employees 17,367 Total Capital ratio (3) 12.5% Cost-to-Income ratio 45.3 % Core Tier 1 Ratio (3) 10.1 % Cost of risk 0.79 % million customers 8.1 * Based on June 2015 (1) Net income / shareholders’ equity excluding net ncome (2) Net income / total assets (3) Data as of December 2015 Shareholding Structure Board of Directors at 30 June 2016 at 30 June 2016 47.9 % Mr. Mohamed EL KETTANI Chairman of the Board Mr. Antonio ESCAMEZ TORRES Vice-Chairman 1.9 % Mr. Mounir EL MAJIDI Director, Representing SIGER 5.3 % Mr. Hassan OURIAGLI Director, Representing SNI 29.3 % 15.7 % Mr. Abdelmjid TAZLAOUI Director Mr. José REIG Director Mr. Abed YACOUBI SOUSSANE Director Mr. Aldo OLCESE SANTONJA Director SNI Group Domestic Institutions Free-float and others Mr. Manuel VARELA Director, Representing Santander Santusa holding s.l. Attijariwafa bank staff Mr. Aymane TAUD Director (Santander) Mrs. Wafaa GUESSOUS Secretary Committees issued from Board of Directors Permanent Strategic Group Risk Group Audit Appointment and members Committee Committee Committee Remuneration Committee* Mr. Mohamed EL KETTANI • • - • Mr. Hassan OURIAGLI • • - • Mr. Abdelmjid TAZLAOUI • - • - Mr. José REIG • • • • Mr. Mounir EL MAJIDI - - - • Mr. Abed YACOUBI - SOUSSANE - - • - (*) 3 sub-committees issued from «Appointment and Remuneration Commiittee» with different compositions depending on the prerogatives of each sub-committee. Breakdown of Consolidated Contribution to consolidated Net Banking Net Banking Income at 30 June 2016 Income by activity at 30 June 2016 Net Interest Income Banking in Morocco, Europe and Offshore zone (BMET) 57.1 % Net Fee Income International Retail Banking (IRB) Income from Market Activities Specialized Financial Companies (SFC) Net Income from Other Activities Insurance 53.0 % 1.7 % 8.1 % 19.7% 27.9 % 11.0 % 21.5 % Breakdown of Moroccan Breakdown of International NBI Companies’ NBI at 30 June 2016 by Geography at 30 June 2016 NBI of Moroccan subsidiaries: MAD 1,981.3 million NBI SFC: MAD 1,142.9 million NBI IRB: MAD 2,881.3 million NBI Insurance: MAD 838.4 million Attijari Wafa LLD Factoring To g o 4.4% Mauritania 1.8 % 2.7 % 1.6 % Wafa Immobilier Mali Tunisia 7.8 % 5.7 % Congo 26.4 % 6.5% Wafabail 8.8 % Wafa Assurance Gabon 42.3 % 11.5% Wafacash 10.1% Cameroon 12.0% Senegal 19.5 % Wafasalaf 24.8 % Ivory-Coast 14.0% Attijariwafa bank’s share price performance Stock Market Indicators Attijariwafa bank vs MASI from 12/31/2009 au 08/19/2016 Attijariwafa bank 2014 2015 June 2016 Largest bank by market capitalization in Morocco: MAD 70.0 billion Price 344 338 344 at 30 June 2016 P/B 1.97x 1.86x 1.88x Base 100 MASI ATTIJARIWAFA BANK Dec 09 PER 16.08x 15.28x 14.03x 190 2011 2010 AWB : - 14.0% 2014 MASI : - 12.9% DY 2.91 % 3.26% - AWB : +50.7% 2012 AWB : +12.8% 165 MASI : +21.2% MASI: +5.6% 2015 AWB : -10.6% AWB :- 1.8% 2016 MASI : -15.1% 2013 Number of Shares 203,527,226 203,527,226 203,527,226 MASI : - 7.2% AWB : +5.1% AWB : - 2.6% 140 MASI : +11.5% MASI: - 2.6% Market capitalization 70,013 68,772 70,013 (in million MAD) 115 90 65 12/31/09 09/26/10 06/22/11 03/17/12 12/11/12 09/06/13 06/02/14 02/26/15 11/22/15 08/17/16 An internationally - oriented Banking and Financial Group ... Europe Attijariwafa bank Europe Branches : 69 Market share : NA Attijari bank Tunisie Attijari bank Mauritanie North Africa Branches : 203 Branches : 19 Market share : 8.6 % Market share : 9.6 % EMCCA Société Commerciale Crédit du Congo Union Gabonaise de Banque Cameroun de Banque Branches : 54 Branches : 33 Branches : 19 Market share : 11.0 % Market share : 11.0 % Market share : 17.5 % WAEMU Compagnie Bancaire Crédit du Sénégal Banque Internationale Société Ivoirienne Banque Internationale de l’Afrique de l’Ouest pour le Mali de Banque pour l’Afrique au Togo Branches1 : 168 Branches : 8 Branches : 83 Branches : 54 Branches : 11 Market share : 15.8 % Market share : 2.9 % Market share : 8.1 % Market share : 11.7 % Market share : 5.2 % Loan market share as of March 2016 except SIB (Jan-16) ; UGB, BIAT (May-16) & ABT (June-16). 1- including Burkina Faso, Niger and Benin. Representative offices (Tripoli, Riyadh, Dubaï, London, Geneva and Montréal). ... Supported by best-in-class factories Wafa Assurance Wafasalaf Wafa Immobilier Wafabail Attijari Factoring Maroc Dar Assafaa Branches : 288 Branches : 44 Branches : 51 Branches : NA Branches : NA Branches : 14 Market share : 21.1% Market share : 31.0 % Market share : 24.2% Market share :27.9 % Market share : 68.4 % Market share : NA Wafacash Wafa LLD Attijari Intermédiation Wafa Gestion Attijari Finances Corp. Wafa Courtage Branches : 1,548 Branches : NA Branches : NA Branches : NA Branches : NA Branches : NA Market share : NA Market share : 18% Market share : 23.5 % Market share : 27.0 % Market share : NA Market share : NA Note : Loan market share as of June 2016 except Wafa Assurance, Attijari Factoring Maroc & Wafa LLD (Dec-15) NA : Not applicable Financial Indicators -1 % +4% +6 % +5% +2 % +1% +2% +3% 264.2 280.4 416.2 255.1 254.4 274.5 411.1 252.9 266.6 41.2 41.2 40.4 40.6 403.7 257.9 401.8 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 Customer Loans Customer Deposits Shareholders’ Equity Total Assets in billion MAD in billion MAD in billion MAD in billion MAD -2 % +3% -7% +2% +3% +7% +3 % +8% 19.4 22.1 19.0 10.9 5.3 21.4 10.2 5.1 3.0 12.3 2.8 11.4 9.8 10.1 5.4 5.5 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 Net Banking Income Gross Operating Income Net Income Earning per share (1) in billion MAD in billion MAD in billion MAD in MAD +5 % +4% -0.30 pt -0.08pt +0.4 pt +0.0 pt +3.4 pts +2.9 pts 19.7 7.1 7.1 7.1 72.2 19.0 19.0 1.13 71.9 6.8 69.2 68.5 18.1 0.87 0.83 0.79 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 12/31/14 12/31/15 06/30/15 06/30/16 Non Performing Loans Cost of Risk NPL Ratio Coverage Ratio in billion MAD in % in % in % (1) Net Income Group Share / Number of Shares Rating Fitch Rating August 2016 Standard & Poor’s December 2015 Capital Intelligence August 2016 Long-term in foreign currency BB+ Long-term BB Long-term BBB- Short-term in foreign currency B Short-term B Short-term A3 Long-term in local currency BB+ Outlook stable Financial Strength BBB Short-term in local currency B Outlook stable Outlook stable Headquarter 2, boulevard Moulay Youssef, 20000 Casablanca, Maroc Phone: +212 (0) 5 22 29 88 88 Fax: +212 (0) 5 22 29 41 25 www.attijariwafabank.com Financial Information and Investor Relations: Ibtissam ABOUHARIA E-mail : [email protected] http://ir.attijariwafabank.com.