Alinma Bank announces its Annual Financial results for the Period Ending on 2024-12-31

Element List	Current Year	Previous Year	%Change
Total Income From Special Commission of Financing	14,138.2	11,578.5	22.11
Total Income From Special Commission of Investment	2,016.6	1,649	22.29
Net Income From Special Commission of Financing	7,569	6,700.3	12.96
Net Income From Special Commission of Investment	1,079.6	954.2	13.14
Total Operations Profit (Loss)	10,940.1	9,725.7	12.49
Net Profit (Loss) before Zakat and Income Tax	6,502.1	5,395.5	20.51
Net profit (Loss)	5,831.7	4,839.2	20.51
Total Comprehensive Income	5,651	5,440	3.88
Assets	276,827.5	236,715.1	16.95
Investments	48,625.2	43,236.4	12.46
Loans And Advances Portfolio (Financing And Investment)	202,308.1	173,624	16.52
Clients' deposits	210,544.7	187,900.6	12.05
Total Shareholders Equity (after Deducting Minority Equity)	41,441.8	34,333.6	20.7
Total Operating Expenses Before Provisions for Credit and Other Losses	3,383.6	3,043.5	11.17
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	1,049.3	1,298.6	-19.2
Profit (Loss) per Share	2.22	1.87
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the special commission income during the current year compared to the last year is	Income from investments and financing increased mainly due to growth in financing and investments volume and increase in profit rates.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	Net income increased due to the increase in total operating income by 12.5%, mainly due to the increase in net income from financing and investment, fee income, exchange income and FVSI income, partly offset with the lower other operating income.

In the other hand, the total operating expenses were 2.1% higher than last year mainly due to the higher salaries expenses, general and administrative expenses, rents and depreciation, partly offset with the lower impairment charge for expected credit losses. The reason of the increase (decrease) in the total net provision of expected credit losses and other losses (reversing entry) during the current year compared to the last year is The decrease in impairment charge on financing and other financial assets during the current year compared to last year is mainly due to decrease in non-performing financing arising from the settlement of impaired accounts and onboarding of better-quality new assets. Statement of the type of external auditor's report Unmodified opinion Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None Reclassification of Comparison Items Some items have been reclassified Additional Information For the calculation of earnings per share, 14.4 million treasury shares have been excluded.

Earnings per share is calculated by dividing the net income after zakat for the period ended 31 December 2024 and 31 December 2023 (adjusted for Tier 1 Sukuk costs) by the weighted average number of outstanding shares, which reached 2,485.3 million shares (2023: 2,486.5 million shares).

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.