National Development Bank PLC (NDB) has once again been recognised for its exceptional
commitment to transparency and corporate reporting at the prestigious CMA Excellence in
Integrated Reporting Awards 2024. The Bank was honoured as the winner in the "Best
Integrated Report - Banking Sector" for the sixth consecutive year (joint award in 2024) and
also earned the coveted recognition as one of the "Five Excellent Integrated Annual
Reports." 

The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of
Certified Management Accountants of Sri Lanka (CMA Sri Lanka), is a premier platform that
promotes integrated reporting among Sri Lankan companies, both listed and unlisted, as well
as state-owned institutions. CMA Sri Lanka, the national professional management
accounting institute incorporated by Act of Parliament No. 23 of 2009, aims to encourage
organisations to embrace integrated reporting practices. The awards focus on showcasing
companies that demonstrate how they create, preserve, or erode value over time, aligning
with global best practices in integrated reporting.

Commenting on the accolades, Hasitha Athapattu, Vice President Finance, expressed his
appreciation for the recognition, stating, “This achievement reflects our commitment to
excellence in corporate reporting. At NDB, we believe in producing reports that are not only
aligned with international standards but also serve as a benchmark for transparency and
stakeholder engagement, whilst empowering users of our annual reports with information of
greater relevance and clarity, thereby enabling more informed decision making. These awards
motivate us to continue refining our reporting processes, ensuring we communicate our value
creation story effectively.” 

This latest achievement reaffirms NDB's position as a leader in the banking industry,
particularly in adopting robust reporting practices that integrate financial and non-financial
information. The Bank’s continuous focus on innovation and strategic growth is evident in its
comprehensive approach to addressing stakeholder needs while adhering to the principles of
integrity and accountability. 

NDB Bank remains steadfast in its mission to empower the nation by offering meaningful
financial and advisory services. Recognitions like these underscore the Bank’s dedication to
upholding the highest standards in corporate reporting and fostering trust among its
stakeholders.

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.