alinma 2025
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Theme of the Year

Strategy delivered.

Accelerating innovation.

Driving sustainable growth.

Our strategy is designed to be practical, measurable, and executable across economic cycles. In 2025, execution was the central theme. Across the organization, teams delivered against well-defined priorities with stronger coordination, sharper accountability, and improved speed of decision-making, achieving our Strategy 2025 goals and laying a strong foundation for our Strategy 2030 that was launched this year.

We advanced our core banking activities, maintaining a disciplined approach to capital allocation and risk management. Growth was pursued selectively, with a focus on segments where alinma has clear competitive strengths and the ability to build long-term relationships. At the same time, we continued to refine our internal processes, governance frameworks, and performance management, ensuring that scale did not come at the expense of control.

This execution has resulted in measurable outcomes supported by structural change. Over the course of the strategy cycle, operating income more than doubled, while net income grew by more than three times. Returns strengthened materially, with return on equity and return on assets improving significantly. This execution discipline has become a differentiating strength. It allows alinma to move faster where opportunities exist, adapt to changing conditions, and deliver consistently across business cycles.

Investor Relations Department

P.O. Box 66674, Riyadh 11586

Al Anoud Tower, King Fahad Road, Riyadh

Kingdom of Saudi Arabia

E-mail: IR@alinma.com

Phone: +966-11-218-5555

Consolidated Statement of<br/>Changes in Equity

Consolidated Statement of
Changes in Equity

Changes in equity for the reporting period.

ALINMA BANK (A Saudi Joint Stock Company)

Consolidated Statement of Changes in Equity

For the year ended December 31

2025 (% '000) Notes Share capital Treasury shares Statutory reserve Other reserves Retained earnings Total equity
attributable
to the shareholders 		Tier 1
Sukuk 		Total
equity
Balance at the beginning of the year 25,000,000 (203,958) 4,836,346 (129,404) 3,188,291 32,691,275 8,750,500 41,441,775
Net income for the year after zakat - - - - 6,397,149 6,397,149 - 6,397,149
Net change in fair value of FVOCI equity investments 17.2 - - - (134,148) - (134,148) - (134,148)
Actuarial gain on re-measurement of end of service benefits 17.2 - - - 28,676 - 28,676 - 28,676
Net change in fair values of FVOCI sukuk investments 17.2 - - - 172,229 - 172,229 - 172,229
Gain on sale of FVOCI sukuk investments - - - (25) - (25) - (25)
Cash flow hedge 7, 17.2 - - - 70,908 - 70,908 - 70,908
Total comprehensive income - - - 137,640 6,397,149 6,534,789 - 6,534,789
Transfers to retained earnings on disposal of FVOCI equity investments 17.2 - - - 179,565 (179,565) - - -
Transfer to statutory reserve 16 - - 1,599,287 - (1,599,287) - - -
Tier 1 Sukuk costs 18.2 - - - - (504,538) (504,538) - (504,538)
Issuance of Tier 1 sukuk 18.2 - - - - (20,952) (20,952) 3,751,550 3,730,598
Final dividends paid for 2024 15.1 - - - - (746,160) (746,160) - (746,160)
Interim dividends paid for 2025 15.1 - - - - (2,238,465) (2,238,465) - (2,238,465)
Employee share based plans and other reserve movements 17.2 - 23,001 - 46,152 (46,030) 23,123 - 23,123
Balance at the end of the year 25,000,000 (180,957) 6,435,633 233,953 4,250,443 35,739,072 12,502,050 48,241,122
2024 (% '000) Notes Share capital Treasury shares Statutory reserve Other reserves Retained earnings Proposed issue of bonus shares Total equity
attributable
to the shareholders 		Tier 1
Sukuk 		Total
equity
Balance at the beginning of the year 20,000,000 (225,611) 3,378,431 62,359 1,118,422 5,000,000 29,333,601 5,000,000 34,333,601
Net income for the year after zakat - - - - 5,831,661 - 5,831,661 - 5,831,661
Net change in fair value of FVOCI equity investments 17.2 - - - 23,721 - - 23,721 - 23,721
Actuarial gain on re-measurement of end of service benefits 17.2 - - - 5,486 - - 5,486 - 5,486
Net change in fair values of FVOCI sukuk investments 17.2 - - - (174,260) - - (174,260) - (174,260)
Gain on sale of FVOCI sukuk investments - - - (911) - - (911) - (911)
Cash flow hedge 7, 17.2 - - - (22,960) - - (22,960) - (22,960)
Share of joint venture's other comprehensive loss 17.2 - - - (11,553) - - (11,553) - (11,553)
Total comprehensive income - - - (180,477) 5,831,661 - 5,651,184 - 5,651,184
Issuance of bonus shares 15.2 5,000,000 - - - - (5,000,000) - - -
Transfers to retained earnings on disposal of FVOCI equity investments 17.2 - - - (85,926) 85,926 - - - -
Realized share of joint venture's other comprehensive loss 17.2 - - - 11,553 (11,553) - - - -
Transfer to statutory reserve 16 - - 1,457,915 - (1,457,915) - - - -
Tier 1 Sukuk costs 18 - - - - (321,921) - (321,921) - (321,921)
Issuance of Tier 1 sukuk 18 - - - - (15,149) - (15,149) 3,750,500 3,735,351
Interim dividends paid for 2024 15.1 - - - - (1,988,419) - (1,988,419) - (1,988,419)
Employee share based plans and other reserve movements 17.2 - 21,653 - 63,087 (52,761) - 31,979 - 31,979
Balance at the end of the year 25,000,000 (203,958) 4,836,346 (129,404) 3,188,291 32,691,275 8,750,500 41,441,775

The accompanying notes from 1 to 41 form an integral part of these consolidated financial statements.