#1CREDIT AGRICOLE EGYPT INVESTOR PRESENTATION CREDIT AGRICOLE Page 1 Kepler Cheuvreux Conference, Egyptian Days in Paris, 15-16 October 2015 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#2Disclaimer This document has been prepared by Crédit Agricole Egypt and is confidential and is not to be reproduced by any person, nor to be forwarded or distributed to any person other than its original recipient. Failure to comply with this directive may result in a violation of the Securities Act of 1933, as amended (the Securities Act), or the applicable laws of other jurisdictions. None of Crédit Agricole Egypt or its affiliates, advisers, dealers or representatives takes any responsibility for the use of these materials by any person. The information contained in this document has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. None of Crédit Agricole Egypt or its affiliates, advisers, dealers or representatives, or any other person, shall have any liability whatsoever (in negligence or otherwise) for any loss arising from any use of this document or its contents or otherwise arising in connection with this document. This document is for preliminary informational purposes only and is not an offer to sell or the solicitation of an offer to purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Without limiting the foregoing, this document does not constitute an offer to sell, or a solicitation of offers to purchase or subscribe for, securities in the United States. The securities referred to herein have not been, and will not be, registered under the Securities Act and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Crédit Agricole Egypt does not intend to register any portion of any offering in the United States or to conduct a public offering of securities in the United States. All of the numerical data provided in this document is derived from Crédit Agricole Egypt's stand alone, consolidated and corporate financial statements or from its registration document and annual report and financial review updates, unless otherwise indicated. This document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Forward-Looking Statements This communication may contain forward-looking information and statements about Crédit Agricole Egypt or Egyptian economy. Forward-looking statements are statements that are not historical facts. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "target" or similar expressions. Although Crédit Agricole Egypt's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Crédit Agricole Egypt, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed or identified in the annual reports and other filings with the Egyptian Financial Supervisory Authority made or to be made by Crédit Agricole Egypt. Crédit Agricole Egypt undertakes no obligation to publicly update its forward-looking statements, whether as a result of new information, future events, or otherwise. Page 2 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#3Contents 1 Credit Agricole Egypt - who we are 2 A supportive Egyptian economic and banking environment 3 Ambition: being the reference European bank in Egypt 4 CAE share price and related ratios 5 Financial highlights 6 Credit Agricole Egypt contact list Page 3 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#4• • Credit Agricole Egypt: who we are Calyon Egypt 1979: Credit Lyonnais opens a branch in Egypt 2001: Acquisition by Credit Agricole Indosuez of Credit International Egypt (CIE) with Mansour Family 2001: Rebranded as Credit Agricole Indosuez Egypt (CAI) and opens a limited number of branches targeting high end private customers 2005: Merger of Credit Lyonnais and CAI, rebranded as Calyon Egypt, with 7 branches and less than 10,000 private & corporate customers • . History Egyptian American Bank 1976: Egyptian American Bank (EAB) is founded by Bank of Alexandria and American Express 2005: Egyptian American Bank acquired American Express Bank (AEB) 2006: acquisition and merger of EAB and Calyon Egypt into Crédit Agricole Egypt 2015: a Universal Bank with a distinctive affluent, SME and Corporate customer base (~331,000 customers as of 30/06/2015) Page 4 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#5Credit Agricole Egypt: who we are Key data as of June, 30 2015 A universal bank, with 4 business lines: • Retail and Private Banking: ~325,000 individual customers, ~143,000 cards . • Small and Medium Enterprises: 5,875 customers Corporate: 495 customers Capital Markets: 213 customers 78 branches and 2,326 staff Key figures - EGP* : • Total Assets: 32.0 billion • Loans: 14.4 billion • Deposits: 27.1 billion . Equity: 2.9 billion • Net Income: 483 million for 6 months (stand alone accounts) CAE ranked the sixth private bank in terms of loans and deposits volumes with almost 2% market share, one of the top three banks in terms of car and credit cards business, one of the main primary dealer of T-bills/T- bonds Rating CAE: AA+ (By Fitch Ratings, local rating) USD/EGP: 7.53 EUR/EGP: 8.4960 as of end June 2015 Page 5 Mediterranean Sea Banha SALLUM MARSA MATRUH ALEXANDRIA Tanta, DAMIETTA Damietta JORDAN PORT SAID MANSURA Portaid LIBYA 6th of October City- 10% of Ramadan lumalla Cairo 10th of aadan Chy Mansurs Sadar City Borg El Arab Greater Cairo - Beni Sue Obour C Sue SHARM MENIA EL SHEIKHO" ASSUIT HURGHADA OSOHAG OQENA OLUXOR Nile R. ASWAN SUDAN SAUDI ARABIA Red Sea Crédit Agricole Egypt Branch Network CAE branch network July 2015-7 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#6Credit Agricole Egypt: who we are Balanced business model with strong retail deposit base Loans by business line June 2015 Key data High level of liquidity with no currency mismatch Loans breakdown June 2015 SME's Retail & Private 25% Banking 30% Corporate 45% Loans - FCY EGP 4.7 bn 33% Loans - LCY EGP 9.7 bn 67% Deposits by Business Line June 2015 Capital Markets Deposits breakdown June 2015 16% SME's 13% Retail & Private Banking 53% Corporate 18% Deposits - FCY EGP 8.7 bn 32% Deposits - LCY EGP 18.4 bn 68% SME: small and midcap enterprises, Corporate: multinational and large corporates LCY local currency / FCY foreign Currency (EGP bn) Page 6 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#7Millions Page 7 7,500 7,000 6,500 6,000 5,500 5,000 4,500 4,000 3,500 Credit Agricole Egypt: who we are Shareholding structure Shareholders Structure (Sept. 2015) Others, 28.9% Credit Mansour group, 10.6% agricole Group, 60.5% CAE Market Cap Trend Dec. 13 March.14 June.14 Sept. 14 Dec.14 March.15 June.15 Sept. 15 · • Credit Agricole Group owns 60.5%, Mansour Group owns 10.6% and others (free float) 28.9% as end of September 2015, which grew from 24.1% as of December 2013. • Market cap reached EGP 6,888 million as end of June 2015. From August 2nd 2015, CAE is part of EGX 30 index, the main Egyptian Stock Exchange Index. كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#8Credit Agricole Egypt: who we are Part of Credit Agricole Group, a leading customer-focused universal bank An integrated banking model to originate and provide a comprehensive range of financial services to all customers Retail banking Individual customers Farmers Small businesses 39 Regional Banks CX BANQUE ET ASSURANCES Local authorities Corporates LCL ETSURANCE H CA CIB CRÉDIT AGRICOLE CORPORATE & INVESTMENT BANK business lines Specialised ⚫ Savings management & Insurance CRÉDIT AGRICOLE ASSURANCES CA CAMCA CAADICAM Amundi ASSET MANAGEMENT caceis CRÉDIT AGRICOLE INVESTOR SERVICES TITRES CCRÉDIT AGRICOLE PRIVATE BANKING ⚫ Specialised services CCRÉDIT AGRICOLE CONSUMER FINANCE CCRÉDIT AGRICOLE LEASING & FACTORING C.T.CAM CRÉDIT AGRICOLE IMMOBILIER CRÉDIT AGRICOLE CARDS & PAYMENTS SODICA CAPITAL INVESTISSEMENT Institutional customers CARIPARMA Poland كريدي أجريكول محمد CRÉDIT AGRICOLE EGYPT C Organisation as of end-2014 A model that fosters synergies and creates value for all Group components Page 8 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#9Contents 1 Credit Agricole Egypt - who we are 2 A supportive Egyptian economic and banking environment 3 Ambition: being the reference European bank in Egypt 4 CAE share price and related ratios. 5 Financial highlights 6 Credit Agricole Egypt contact list. Page 9 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#10Basis Points A supportive Egyptian economic and banking environment An improving economic scenario 700 600 • Improved political stability since President Al Sissi came to power in 2014 A positive stance for sovereign ratings (Moody's upgrades Egypt to B3 with a stable outlook on the 7th April 2015) and for overall market perception: 5Y sovereign CDS down to 334 bps in Sept. 2015 from over 600 bps in 2011 In line with CBE decision to curb FX parallel market FX rates increased in the recent months of year 2015 500 400 300 259 200 100 615 Egypt CD's 5Y Rate 608 455 Dec.2010 Dec.2011 Dec.2012 • Source : Reuters Page 10 Dec.2013 Dec.2014 EUR/EGP Exchange Rate 12.00 9.55 8.65 10.00 8.38 7.76 7.80 8.00 338 334 313 315 6.00 6.94 7.14 289 6.03 6.32 5.80 4.00 Jun.2015 Jul.2015 Aug.2015 Sep.2015 2.00 0.00 Dec.2010 Dec.2011 Dec.2012 ⚫EGP/Euro Dec.2013 Dec.2014 Jun.2015 -EGP/USD Jul.2015 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT Aug.2015 Sep.2015 8.50 8.60 8.77 8.75 7.53 7.73 7.73 7.73#11A supportive Egyptian economic and banking environment An improving economic scenario 16 15 14 13 12 11 10 654321098765432 Inflation % (y/y) Jan-10 Jan-11 -inflation (y/y) Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Source Central Agency for Statistics, Crédit Agricole S.A. IMF Projections Jan-18 4,69 5,14 il 2009 2010 2011 1,82 2012 GDP growth % (y/y) 2,19 2,11 2,2 IMF Projections 4,7 4,5 4,3 3,8 2013 2014 2015 2016 2017 2018 Source Central Agency for Statistics, Crédit Agricole S.A. Economic growth picks up while inflation is expected to decrease (cf. IMF projections) Private sector PMI index up to 50.2 in June 2015, the 4th consecutive month in which the index has hovered around 50, the threshold that separates growth from contraction in the manufacturing sector. PMI index coming from less than 40 by year end 2012. Page 11 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#12A supportive Egyptian economic and banking environment An improving economic scenario Government ongoing commitment to fiscal and economic reforms which will help to reduce fiscal imbalances (fuel subsidy cuts, taxation hikes) -6,6 -7,7 -10,1 -10,6 Budget balance (% GDP) -9,3 -8,6 2009 -12,0 -8,5 -11,5 2010 -13,7 2011 2012 : 40 bn USD 35 Source EIU, IMF, Crédit agricole sa FX Reserves, FDI & Portfolio inv. 2013 2014 IMF Projections 2015 2016 2017 2018 Reduction in external vulnerabilities helped by continued donor support and improved prospects for increased capital inflows (Cf. Egypt Economic Development Conference in Sharm El Sheikh on March 2015: USD 40bn of foreign direct investments and projects subject to firm agreement) 30 25 20 15 10 5 0 -5 -10 -15 Q3 2005 Q2 2006 Page 12 1 y cum 40 40 bn USD 35 30 25 20 15 10 5 0 -5 -10 -15 Q4 2007 Q3 2008 Q2 2009 Q1 2010 Q4 2010 Q3 2011 FX Reserves Q2 2012 Q1 2013 Q4 2013 Q1 2007 Source: Central Bank, CA sa Q3 2014 Q2 2015 -FDI Portfolio inv. (rhs) كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#13A supportive Egyptian economic and banking environment A profitable banking market with strong growth potential ■ Population: 88.9 million inhabitants, growing by 3% a year Low penetration ratio for banking activities in Egypt: only 10% of Egyptian population have a bank account with total 40 banks currently working in Egypt including state owned banks. Loans / GDP below 30% (well below comparable countries) 23,000 inhabitants per branch (vs. 8,200 in Mexico for example) Credit (% of GDP) Bubbles size proportional to population Lebanon Israel EAU 120% 105% 90% Tunisia 75% Turkey 60% Jordan Morocco 45% 30% Egypt 15% 0% 0 10 20 30 40 50 60 GDP / capita PPP (thousand $) 70 Source: FMI; World Bank Saudi Arabia Loans and deposits change (EGP) Large, quite healthy & growing domestic market %; y/y for both Retail & Commercial banking: 30 24 22 Significant loans and deposits growth 18 Reasonable and improving asset quality 24 22 21 14 12 6 ■ Very Liquid Banking market: Loan / Deposits ratio 40% (Dec. 2014) 0 12-11 08-12 04-13 12-13 08-14 04-15 Total deposits Deposits in EGP Total loans Loans in EGP Source: CBE Page 13 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#14A supportive Egyptian economic and banking environment A profitable banking market with strong growth potential Open banking competition with A segmentation between state owned mass market banks and other players 20% 18% 17.0% concentration among private 16% Lending market share (Dec.2014) ◉ A rather low market 14% sector banks 12% CA Egypt, the only French of international banks. bank among limited number 10% 7.7% 7.6% 7.4% 8% 4.8% 6% 3.4% 3.3% 2.8% A fairly robust level of 4% margins on higher segment 2% clients. 0% Fairly accommodating banking NBE CIB Misr QNB Al Ahli AAIB Banque du... AlexBank regulatory environment. Improving legal environment with new investment law Page 14 State owned Banks 2.1% 1.9% 1.8% 1.6% 1.4% 1.4% 0.9% 0.8% 0.8% 0.7% 0.6% HSBC Bank Audi CA Egypt Faisal AWB AIB Al Baraka ENBD SCB Barclays EGB United Bank كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#15Contents 1 Credit Agricole Egypt - who we are 2 A supportive Egyptian economic and banking environment 3 Ambition: being the reference European bank in Egypt 4 CAE share price and related ratios 5 Financial highlights. 6 Credit Agricole Egypt contact list Page 15 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#16Being the reference European bank in Egypt Our ambition is to deliver highest standards of client satisfaction in Egypt, leading to a consistently strong profitability through: Acceleration of Retail Development: . Strong and growing retail banking franchise in Egyptian Market Multichannel strategy • • Focusing on quality services and client satisfaction Leadership in Corporate Banking* benefiting from Credit Agricole Group synergies Strong balance sheet and high level of asset quality thanks to a disciplined growth strategy Consistently high level of return on Equity *including multinational and large Corporates, small and midCap enterprises Page 16 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#17Being the reference European bank in Egypt Acceleration of Retail development Strategic differentiation based on quality of service and client satisfaction: Consistently monitoring customer recommendation and feed back: according to last survey of GFK on 2015, CAE ranked among the highest client satisfaction score 140 (7,7) Strong and growing Retail Banking franchise focusing on higher customers segment Number of customers: evolution 120 100 20% 80 (100 index: end-2011) # of customers CAGR Total +32% 26% +16% 60 74% ➤ Training our staff. 40 40 +6% 80% 20 Development of loyalty programs (Fidèle). 0 Dec. 2011 June 2015 Total: +8% Page 17 Higher Segment* Mass Market* * Higher segment = = mass affluent and affluent clients كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#18Being the reference European bank in Egypt Acceleration of Retail development ■Multi Channel Strategy: Investment in the branch network: in 2015, CA Egypt opened 4 new branches and relocated 2. In addition, CA Egypt consistently renovates branch net work. Implementation of the digital transformation: new services launched as ➤ Online Cards activation, availing a new channel for Debit and Credit cards activation for online registered customers and PIN choice. ➤ CAE official Mobile Application, available on Apple & Android Stores. Provides a quick link to the bank for Information, FX Rates, Loan calculator, ATM & Branches locations, etc. ➤ Digital Banking guide, including all channels for customer interaction with the bank, highlighting features, benefits, registration steps & how to access. ➤ Payment of bills on line, including mobile, internet and utilities bills through online banking / ATM's. Page 18 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#19Being the reference European bank in Egypt Acceleration of Retail development Strong growth and higher profitability of retail segment paving the way for the acceleration of retail development EGP Million Credit Cards outstandings Evolution 700 650 650 586 +147% 600 550 498 500 450 405 400 327 350 263 300 250 200 Dec.2010 Dec.2011 Dec.2012 Dec. 2013 Dec.2014 Jun.2015 Retail & Private banking loans outstandings Evolution Retail & Private banking deposits outstandings Evolution 4,800 16,000 4,400 +28% +58% 14,000 4,000 4,316 3,600 3,200 2,800 3,216 2,971 Σ 2,400 2,730 2,634 2,000 ш 1,600 1,200 800 400 البس 14,355 14,439 3,890 12,000 13,662 12,877 EGP Million 10,000 11,276 11,710 8,000 6,000 4,000 2,000 Page 19 Dec.2010 Dec. 2011 Dec. 2012 Dec.2013 Dec.2014 Jun.2015 Dec.2010 Dec. 2011 Dec.2012 Dec.2013 Dec.2014 Jun.2015 كريدي أجريكول محمد CRÉDIT AGRICOLE EGYPT#20Page 20 Being the reference European bank in Egypt A leadership in Corporate Banking Strong franchise in Large and Multinational Corporates (MNCs), Midcap and SME MNCs portfolio steadily growing and currently consists of 93 Groups. Strong group synergies with 80% of said portfolio being Credit Agricole (CACIB) Coverage clients. Since 2012 Multinational sector clientele base grew by a 12.7% CAGR. 65 Groups 89 Groups June 2012 2013 2014 2015 71 Groups 93 Groups كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#21Being the reference European bank in Egypt A leadership in Corporate Banking ➤ Strategies to capitalize on current market opportunities and to reinforce a managed and safe growth. ◉ ■ ◉ Covering public sector companies with low risk profile Participation in syndication projects that are launched in local market Target fast-moving industries (energy /Oil and Gas/Construction/Food) with Credit Agricole Group capabilities Page 21 Suez Canal Development New Power Plants New transportation projects كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#22Being the reference European bank in Egypt A leadership in Corporate Banking Credit Aricole Egypt with full support of Credit Agricole Group (Trade Finance, Investment Banking, Forex and Capital Market): one of the few players enjoying such a support ■CA Egypt maintains and develops client centric business model, where the client is at the core of business. ■Considering reasonable management of risk weighted assets, the driver for growth comes from cross selling, either with the group or locally. Focusing on Flow Management as well as Trade Finance, are among the key drivers to profit enhancement. CREDIT AGRICOLE CIB RETAIL BANKING GLOBAL TRANSACTION SERVICES VERA CAPITAL MARKETS CLIENT SYNDICATIONS STRUCTURED FINANCE PRIVATE BANKING Page 22 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#23Being the reference European bank in Egypt Maintain a high level of asset quality Credit Agricole Group policies of risk management and compliance: CA Egypt is implementing CA Group best practices which explains superior assets quality and lower level of non performing loans (NPL's) CAE NPL ratio reached 2.7% as of June 2015, one of the lowest ratios in the market. ■ CAE coverage ratio reached 193% as of June 2015 comparing with 163% same period last year (June data for all peers not yet available). NPL Ratio 3.9% 4.5% 4.0% 3.5% 3.0% 2.7% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% Jun.2015 -САЕ ■Average Peers Coverage Ratio (including Collective Provisions) 200% 193% 180% 160% 140% 120% 100% 164% Jun.2015 ■CAE ■Average Peers Peers Group: group of foreign and private banks working in Egypt CIB, QNB, Barclays, HSBC, AAIB, Alex Bank (Intesa Sanpaolo), Emirates NBD. source of data: banks disclosures Page 23 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#24Being the reference European bank in Egypt Maintain a strong balance sheet Capital Adequacy Ratio Leverage Ratio 6.6% 7.0% 20.0% 6.0% 6.2% 6.3% 6.2% 6.3% 5.9% 18.0% 18.5% 6.0% 17.4% 17.3% 15.9% 17.2% 5.0% 16.0% 15.5% 15.4% 4.0% 14.0% 15.2% 15.0% 12.0% 13.6% 13.9% 14.0% 14.3% 14.3% 3.0% 2.0% 10.0% 1.0% 8.0% Dec.13 Mar.14 CAE Jun. 14 Sep.14 Dec.14 Mar.15 Jun.15 CBE Minimum Required 0.0% Dec.13 Average Peers Mar. 14 Jun. 14 -Leverage Ratio Sep.14 Dec.14 Mar.15 Jun. 15 CBE Minimum Required Liquidity Coverage Ratio (LCR) Investments To Assets Ratio 45% 1229% 39% 40% 36% 37% 37% 38% 35% 35% 29% 1178% 994% 30% 824% 809% 25% 24% 28% 25% 26% 27% 736% 20% 24% 24% 15% 726% 10% 5% Dec.13 Mar.14 Jun.14 Sep.14 Dec. 14 Mar.15 Jun.15 Dec.13 Mar.14 Jun. 14 Sep.14 Dec.14 Mar.15 Jun.15 CAE Average Peers ■ CA Egypt CAR(local) and Leverage Ratios as of June 2015 reached 15% and 6.6% respectively. ■ Strong liquidity position reflected in high liquidity coverage ratio. ▪ Exposure to Sovereign debt (T.Bills and T.Bonds) far below average peers. Page 24 No data available for all peers about leverage and LCR ratios, CBE = Central Bank of Egypt كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#2547.7% 1,457 Being the reference European bank in Egypt Deliver high level of profitability Recurring revenue growth with increasing efficiency (EGP million) 42.2% 1,743 858 40.2% 1,821 870 983 39.8% 34.7% 1,110 693 638 446 2012 2013 Net Banking Income 2014 Net profit before Tax -Cost to income ratio H1 2014 Net Banking Income Cost to income ratio H1 2015 Net profit before Tax Profitability consistently above average peers Return on assets Return on equity 45.00% 39.2% 37.7% 4.00% 40.00% 3.0% 2.9% 35.00% 30.0% 30.3% 31.3% 3.00% 27.2% 2.2% 2.2% 30.00% 25.5% 2.1% 2.5% 22.0% 26.0% 2.00% 1.7% 2.7% 25.00% 23.7% 2.2% 2.0% 20.00% 1.00% 15.00% 10.00% 0.00% 5.00% 2012 2013 2014 Mar-15 Jun-15 0.00% CAE Average Peers 2012 2013 CAE 2014 Mar-15 Average Peers Jun-15 *Return on assets / equity based on stand alone annualized net income before profit sharing Page 25 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#26Contents 1 Credit Agricole Egypt - who we are 2 A supportive Egyptian economic and banking environment 3 Ambition: being the reference European bank in Egypt 4 CAE share price and related ratios 5 Financial highlights 6 Credit Agricole Egypt contact list. Page 26 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#27Page 27 * 12000 10000 8000 6000 4000 2000 0 Dec-10 Mar-11 Credit Agricole Egypt share price and related data 2011 2012 2013 2014 Share Price (EGP)* 7.94 11.96 13.62 18.08 P/B 1.16 1.50 1.42 1.78 P/E 7.40 7.27 6.08 7.60 Dividends Yield 8.1% 6.9% 11.5% 7.9% Dividends Payout Ratio 60% 50% 70% 60% Number of Shares (million) 287 287 287 287 Market Cap (EGP million) 2,279 3,433 3,909 5,189 Price as of last day of the year Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 EGX 30 Credit Agricole Egypt Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 27.00 24.00 21.00 18.00 15.00 12.00 9.00 6.00 3.00 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#28Contents 1 Credit Agricole Egypt - who we are 2 A supportive Egyptian economic and banking environment 3 Ambition: being the reference European bank in Egypt 4 CAE share price and related ratios. 5 Financial highlights 6 Credit Agricole Egypt contact list Page 28 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#29Balance Sheet (EGP Million) Financial Highlights stand alone results- local accounts H1 15 Vs. Loans H1 2015 2014 2013 2012 Dec.14 Y 14 Vs. Y 13 Y 13 Vs. Y 12 Corporate Retail 9,903 9,098 9,289 10,305 8.9% -2.1% -9.9% 4,324 3,891 3,220 2,997 11.1% 20.9% 7.4% Banks 157 40 17 13 288.9% 135.0% 27.7% Total 14,384 13,030 12,526 13,316 10.4% 4.0% -5.9% H1 15 Vs. Y 14 Vs. Y Y 13 Vs. Y Investments H1 2015 2014 2013 2012 Dec.14 13 12 Treasury Bills "Net" 5,508 6,250 4,309 4,383 -11.9% 45.1% -1.7% Treasury Bonds 2,615 2,410 2,572 2,615 8.5% -6.3% -1.6% Other Investments 289 322 341 390 -10.3% -5.4% -12.6% Total 8,412 8,983 7,222 7,387 -6.4% 24.4% -2.2% H1 15 Vs. Y 14 Vs. Y Y 13 Vs. Y Clients Deposits H1 2015 2014 2013 2012 Dec.14 13 12 High Cost 16,822 17,678 18,176 17,195 -4.8% -2.7% 5.7% Low Cost 10,317 8,935 6,284 5,564 15.5% 42.2% 12.9% Total 27,139 26,613 24,460 22,760 2.0% 8.8% 7.5% Page 29 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#30Income Statement (EGP Million) Financial Highlights stand alone results- local accounts H1 15 Vs. Y 14 Vs. Y Y 13 Vs.Y H1 2015 2014 2013 2012 H114 13 12 Net Interest Income 756 1,223 1,132 996 32.2% 8.0% 13.7% Net Fees & Commission Income 244 456 345 257 9.1% 31.9% 34.7% Net Trading Income 91 121 225 157 45.5% -46.3% 43.8% Other Operating Income 19 21 40 47 54.0% -46.8% -15.2% Net Banking Income 1,110 1,821 1,743 1,457 27.6% 4.5% 19.7% Total Expenses (385) (733) (736) (692) 11.0% -0.4% 6.3% Income Before cost of risk & Tax 744 1,095 1,006 758 39.6% 8.8% 32.7% Cost of Risk (51) (112) (147) (120) -40.9% -24.3% 22.9% Net Income Before Tax 693 983 858 638 55.2% 14.5% 34.5% Tax (210) (301) (216) (166) 54.0% 39.4% 30.2% Net Income 483 682 643 472 55.7% 6.2% 36.1% Ratios H1 15 Vs. Y 14 Vs. Y Y 13 Vs. Y H1 2015 2014 2013 2012 H1 14 13 12 NII/ NBI 68.1% 67.2% 65.0% 68.4% 1.0% 2.2% -3.4% Net Interest Margin 5.2% 4.6% 4.4% 4.1% 0.6% 0.2% 0.3% Page 30 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#31Contents 1 Credit Agricole Egypt - who we are 2 A supportive Egyptian economic and banking environment 3 Ambition: being the reference European bank in Egypt 4 CAE share price and related ratios 5 Financial highlights 6 Credit Agricole Egypt contact list Page 31 كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT#32- CEO: Francois-Edouard Drion Francois. [email protected] - CFO: Pascale Bohn [email protected] - Head of IR: Mohamed Mokhtar [email protected] Page 32 CAE Contact List كريدي أجريكول مصر CRÉDIT AGRICOLE EGYPT