(Pictured L to R) Alex Perera - VP, CRO; Hasitha Athapattu – VP Finance;
K.V. Vinoj - DCEO; Kelum Edirisinghe - Director/CEO; Sanjaya Perera - SVP, Personal
Banking & Customer Experience; Damitha Samaranayake – AVP Treasury, Kumudari Peiris – Senior Manager Finance.

National Development Bank PLC hosted its Investor and Analysts Earnings Call on
November 19, 2024, following the release of the financial results for the third quarter of the
financial year ended September 30, 2024. 

The session, led by Kelum Edirisinghe, Director and Chief Executive Officer of NDB Bank,
alongside the bank’s senior management team, was conducted virtually via Zoom. It featured
a detailed presentation by the CEO on the bank’s Q3 2024 financial performance and
strategic direction, followed by an interactive Q&A session addressing participants' queries
and providing clarity on the bank’s operations and future initiatives. 

This forum attracted a diverse group of stakeholders, including research analysts,
stockbrokers, fund managers, and investors. The event was meticulously organised by NDB's
Investor Relations Team, underscoring the bank's dedication to fostering transparency,
engagement, and trust within the financial community. NDB has been conducting these
quarterly earnings calls since 2014, demonstrating a longstanding commitment to openness
and accountability. Transcripts and playback recordings of the call will be made available on
the bank’s website, offering stakeholders comprehensive access to the insights shared.
During the earnings call, the CEO elaborated on the bank’s financial performance in Q3
2024, highlighting its strategic priorities, with key focus areas being optimising the cost of
funds, driving transactional and fee-based income, enhancing portfolio quality and driving
net interest margins.

The leadership also shed light on NDB's efforts in navigating economic
challenges, bolstering digital innovation, and maintaining its role as a key financial partner
for businesses and individuals alike in Sri Lanka’s reviving economy.
The Investor and Analysts Earnings Call continues to be a vital platform for NDB Bank,
reflecting its strategic focus on engaging stakeholders, enhancing investor confidence, and
driving long-term value creation. As the bank looks ahead, it remains steadfast in its mission
to empower communities and support national economic progress through innovative
financial and digital solutions.

NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. NDB was named Sri
Lanka's Best Bank for Corporates at Euromoney Awards for Excellence 2024 and was
awarded Domestic Retail Bank of the Year - Sri Lanka and Sri Lanka Domestic Project
Finance Bank of the Year by Asian Banking and Finance Magazine (Singapore) Awards 2024.

NDB is the parent company of the NDB Group, comprising capital market subsidiary
companies, together forming a unique banking and capital market services group. The Bank
is committed to empowering the nation and its people through meaningful financial and
advisory services powered by digital banking solutions.