#1EKH Egypt Kuwait Holding Integrated Investments Generating Superior Returns Investor Presentation 9M 2023 November 2023#2EKH OVERVIEW#3EGYPT KUWAIT HOLDING "EKH" EKH Egypt Kuwait Holding Û Hands-on investor and operator Create synergies between different group companies Secure strategic partnerships with leading international value added industry players Long-term investor with opportunistic exit strategy $ Develop greenfield operations to leverage operational expertise Expand industry expertise to new markets Egypt Kuwait Holding | Investor Presentation 3#4EKH'S MAIN PORTFOLIO COMPANIES Fertilizers and Petrochemicals Energy and Energy-Related SPREA MISR SPREA MISR FOR CHEMICALS & PLASTICS BAL Sprea Misr Petrochemicals Plant Effective EKH Ownership 100.00% NatEnergy Gas Distribution and Electricity Generation & Distribution Holding NatEnergy Company Effective EKH Ownership 100.00% AF الأسكندرية للأسمدة ALEXFERT AlexFert Ammonia, Urea Fertilizer and Ammonium Sulfate Plant Effective EKH Ownership 75.13%* Nilewood (under construction) MDF, Forestry and Waste Management NILEWOOD Effective EKH Ownership 73.00% NOSPCO شركة شمال سيناء البترول rain ana tence Offshore North Sinai Upstream Gas Effective EKH Ownership 100.00% Insurance & Non-Banking Financial Services Delta Insurarco ال الدين الدلتا لتأمينات الحياة Delta Life Assurance Delta Insurance Life, Property & Casualty Insurance Effective EKH Ownership 63.22% MIC MOHANDES INSURANCE CO. ப் I Hd Life COMIC MOHANDER LIFE INSURANCE CO. شركة المهتمين للتأمينات الحياة El Mohandes Insurance Life, Property & Casualty Insurance Effective EKH Ownership 24.99% بدايتي * In Q4 2023 EKH acquired an additional 9.45% stake in Bawabet Al Kuwait resulting in increasing its direct and indirect stake in AlexFert to 75.13% EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation Bedayti Microfinance and Consumer Finance Effective EKH Ownership 100.00% 4#5EKH AT A GLANCE 6 strategic sectors Petrochemicals, fertilizers, gas distribution, electricity generation & distribution, upstream oil & gas and non- banking financial services USD 1.9 bln Total assets c. 6,500 Professionals employed by the holding company and its subsidiaries Recurring Revenues in US$ mln 1,104 833 849 603 588 162 201 Recurring Attributable EBITDA in US$ mln EBITDA margin 9M 2023: 45% 433 388 300 196 264 93 69 USD 431 mln Total equity book value 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 2020 2021 2022 9M'22 9M'23 Q2'23. Q3'23 23% Revenue growth rate in the past 5 years (FY18 - FY22) 41% Recurring Attributable Net Profit in US$ mln Attributable Net Income by Sector | 9M 2023 Average EBITDA margin in the past 5 years (FY18 - FY22) 241 207 Upstream Gas Insurance & Diversified -19% Petrochemicals 18% 45% 171 >20% EGP 41 bln 116 Average ROE in the past Market Cap 25th Oct 5 years 2023 According to EAS EKH Egypt Kuwait Holding 137 40 36 Energy & Energy Related 24% 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 Egypt Kuwait Holding | Investor Presentation Fertilizers 33% 5#6RECENT DEVELOPMENTS Increased Direct and Indirect Ownership Stake in Alexfert to 75.13% EKH recently announced increasing its stake in Bawabet Al Kuwait Holding Co. to 94.34%, following the purchase of an additional 9.45% stake for USD 47.5 million. As a result of the transaction, EKH's combined direct and indirect stake in Alexfert now stands at 75.13%.. Kahraba Awarded EPC and O&M Power Distribution Agreement with Centamin EKH's downstream energy player 'Kahraba' won the tender issued by Centamin, the operator the Sukari Gold Mine - one of the world's largest producing gold mines - to build a 50MW onsite substation and high-voltage power distribution lines as well as a long-term contract for the operation and maintenance of the facilities. This is a landmark deal that cements Kahraba's position as a key player in the energy distribution sector in Egypt. NOSPCO Awarded Preliminary Approval to Extend Concession by a Further 10 Years EKH recently received preliminary approval to extend its offshore concession by 10 years from the date of final approval. The extension is anticipated to allow NOSPCO to continue operating its Offshore North Sinai concession until 2034. NOSPCO is currently finalizing the required regulatory approvals to effectuate the extension. B FD6 production line commissioned at Sprea EKH has recently commissioned a new FD6 production line with an annual capacity of 50 KTPA, bringing total annual production capacity to over 190 KTPA Bedayti to open 10 new branches Bedayti plans to open an additional 10 branches throughout 2024, in an effort to capitalize on the impressive performance seen since it first commenced operations in Q1 2022 EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 6#7GROWTH DRIVERS REDUCTION LINE R3-2 NATGAS#8SPREA MISR Founded in 1989 and acquired by EKH in 2007 state of the art petrochemicals production facility located in 10th of Ramadan over 103k m². 100% +50 countries Revenues in EGP mln 3,903 3,887 2,811 MISR SPREA MISR FOR CHEMICALS & PLASTICS LAE. EBITDA in EGP mln EBITDA margin 9M 2023: 45% 1,786 Effective EKH ownership Export destinations 2,632 1,625 144 ktpa Formaldehyde & form-urea capacity > 90 ktpa 1,094 984 742 1,102 1,042 550 396 319 Liquid & powder glue capacity 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 6 mln sheets p.a. Formica sheet capacity > 25 ktpa Melamine, Urea Molding Compound capacity > 132 ktpa SNF: sulfonated naphthalene formaldehyde capacity 165 ktpa 1,111 employees According to EAS EKH Egypt Kuwait Holding Net Profit in EGP mln 1,857 Sales Mix 9M 2023 Export Sales 16% Sulfuric Acid capacity 1,004 Local Sales: 869 748 Trading 15% 581 495 333 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 Egypt Kuwait Holding | Investor Presentation Local Sales: Manufacturing 69% 8#9SPREA MISR Recent Developments MISR SPREA MISR FOR CHEMICALS & PLASTICS LAE. Dry SNF Powder & Liquid Glue Formaldehyde Line Capacity Additional 15 KTPA to reach 37.6 KTPA Capacity Powder Glue: Additional 10 KTPA to reach 34 KTPA Capacity Additional 50 KTPA Liquid Glue: Additional 56 KTPA to Production Start Date Q3 2023 reach 121 KTPA Production Start Date Q3 2023 Production Start Date Q2 2023 Status Operational - Additional 15 KTPA Status Operational - Additional Status Operational Additional 50 KTPA Powder Glue: 34 KTPA Liquid Glue: 121 KTPA EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation VIZU 6#10NATENERGY The largest private sector operator of natural gas pipelines in the MENA region. Developed, installed, and currently operating and maintaining over 13,200km of pipelines NatEnergy is a holding company with ownership stakes in 5 subsidiaries in Egypt: NATGAS, Fayum Gas, Nubaria, Kahraba and Gas Chill and Shield Gas in UAE c. 2 mln Households served by NATGAS & Fayum Gas c. 882 clients Revenues in EGP mln 2,730 2,201 2,020 1,859 by NATGAS & Fayum Gas Industrial Clients served 2,934 NatEnergy EBITDA in EGP mln EBITDA margin 9M 2023: 37% 939 831 722 694 1,137 874 1,097 505 278 Natural gas distributed and transmitted in 2022 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 >13,200 km Length of natural gas pipeline networks 489 MMSCFd 29 Cities connected with natural gas 115 MW Kahraba installed power generation capacity 3,000+ employees EKH Egypt Kuwait Holding 28 Pressure stations reduction 325 MW Kahraba power distribution capacity Attributable Net Profit in EGP mln 801 679 616 611 989 Profitability by Subsidiary 9M 2023 Kahraba 49% 325 359 100% Effective EKH ownership 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 Egypt Kuwait Holding | Investor Presentation Nubaria 0% Fayum Gas 6% NatGas 45% 10 10#11NATENERGY: NATGAS & FAYUM GAS Existing Concessions Alexandria Governorate Borg El Arab West Alexandria Agami Behira Governorate Behira NatEnergy Salam City Cairo Governorate Mokkatam Haya Karima On 2nd January 2021, HE President Abdel Fattah El-Sisi launched the initiative Haya Karima (Decent Life), with the aim of improving the living conditions of millions of Egyptians. The initiative seeks to provide everything from education and housing, to infrastructure and healthcare. The initiative will be rolled out in 3 phases: Phase 1: 1,330 villages Phase II & III: 3,524 villages Haya Karima involves installing waste water treatment plants, improving roads, building schools and among many other infrastructure works installing natural gas networks to less privileged areas. Giza Governorate October City El-Sheikh Zayed City Fayum Governorate ° Phase I Fayum City Phase II Fayum City Extension Phase II Fayum City Extension Phase II Fayum City Fayum City Phase III Tammeya, Sennures, and Ibshway (Fayum City Periphery) ــياة كريمة لكل مصري - لكل مصرية ◉ NatEnergy's subsidiaries engaged in natural gas distribution: NATGAS & Fayum Gas operate 5 concessions. In 2020, the tenor of these concession agreements was renewed for 15 years. Current concessions include a catchment of 5 million households. To date, NATGAS & Fayum Gas connected over 2.0 mln households. NATGAS & Fayum Gas plan to add 150,000 to 200,000 households p.a. over the next 5 years (excluding Haya Karima). " As a result of the implementation of Phase I of Haya Karima, NATGAS & Fayum Gas will extend natural gas networks and connections to 450,000 additional households over the next 3 years. This will effectively increase the number of household additions by c.200,000 in 2023 and c.250,000 in 2024. The implementation of Phase II and III of Haya Karima are still under study. EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 11 11#12NATENERGY: KAHRABA NatEnergy ■ Kahraba owns and operates two central power generation plants with an installed capacity of 115 MW in Borg Al-Arab Industrial Zone in Alexandria and 2 smaller Independent power generation Plants. - During 2022, Kahraba invested an additional US$ 10 mln to acquire 20 MW power generation capacity. The additional capacity I anticipated to be commissioned in Q4 2023 increasing total installed power generation capacity to 135 MW. ■ Kahraba's distribution capacity was 325 MW as of June 2023, and is anticipated to reach 345 MW by Q1 2024, and 645 MW by 2030 following the new concession in the 10th of Ramadan South Industrial Developers Zone awarded in December 2022 ■In Oct 2023, Kahraba won a tender issued by Centamin, the operator the Sukari Gold Mine one of the world's largest producing gold mines to build a 50MW onsite substation and high-voltage power distribution lines as well as a long-term contract for the operation and maintenance of the facilities. One of Kahraba's Power Generation Plants In Borg El Arab Kahraba's Actual Electricity Distribution Volume (million KWH) 693 707 578 2021 2022 9M 2023 Kahraba's Installed Generation Capacity in MW 135 115 20 20 115 95 2021 2023e EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 12 112#13ALEXFERT Established by EKH in 2003. It operates a fertilizer production facility in Alexandria over an area of 110,000 m². 640 ktpa Urea Production Capacity 180 ktpa ammonium sulphate 280 capacity 194 Revenues in US$ mln 486 380 192 140 EBITDA in US$ mln EBITDA margin 9M 2023: 44% 291 239 488 75.13% 65 55 59 AF الأسكندرية للأسمدة ALEXFERT 84 21 28 employees Effective EKH ownership. 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 EKH Egypt Kuwait Holding 18 Attributable Net Profit in US$ mln 49 118 95 44 12 14 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 Egypt Kuwait Holding | Investor Presentation Local Sales 25% Sales Mix Export Sales 75% 13#14OFFSHORE NORTH SINAI CONCESSION (ONS) Revenues in US$ mln 440 km² concession located 56 Km offshore of Port Said. Facilities include pipeline to shore + processing facilities (Romana) 5 59 61 50 MMSCFd 55 Operative wells Daily production 2023 443 km² A presidential decree has approved the expansion of ONS' concession area by 140 km² to reach 443 km². According to EAS EKH Egypt Kuwait Holding 44 44 14 14 NOSPCO NORE SPEROLEUM COMP شركة شمال سيناء للبترول EBITDA in US$ mln 47 41 42 35 36 12 12 100% Effective EKH ownership 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 of ONS. Net Profit in US$ mln 30 28 22 23 24 2020 8 8 2021 2022 9M'22 9M'23 Q2'23 Q3'23 Egypt Kuwait Holding | Investor Presentation EGPC 40.0% Net Entitlement NOSPCO (ONS) 60.0% 14#15OFFSHORE NORTH SINAI CONCESSION (ONS) Concession Terms Overview of Concession and CAPEX Plan Denies-1 Tao Field Development NOSPCO NOREN SAN PETROLEUM COMPANY شركة شمال سيناء للبترول. TAO ■ Offshore, located 63 Km North East of Port Said. ■ Operated through NOSPCO JV after take over from Perenco mid 2014. 30 year concession started in 1998, ending at 2028 (Currently working for 10 years extension) ■ Two Development Leases awarded in 1992: Tao & Kamose over a total area of 303 km². Shallow water: WD 30- 90m ■ After EGPC & EGAS approvals, secured the approval of Counsel of State, Cabinet & Parliament to amend price of natural gas. Amended Concession Agreement signed on July 2018 at new adjustable gas price with a floor of US$ 5.18/MMBTU @ Brent 40 US$ /bbl and a cap of US$ 5.88/MMBTU @ Brent 100 US$/bbl. The new gas price retroactively starting January 1st 2017 on all new gas. ■ In January 2023, succeeded in expanding the concession area to by 140 km² from km² to 440 km². CAPEX Plan Phase 3 SETI PLIO Temsah Karous Wakal Dafool Port Found RESTRICTED AREA 2001 في الفيكي 22 pipeline EL F1 Payro Processing Centre G Y P ◉ KAMOSE ADU Rora-1 1 mnt. Kilometres During 2021, ONS completed drilling three wells (Phase 3a) being NW1/KSW1/KSW3 with a total investment cost of US$ 70 mln during broken down as follows: 764000 768000 772000 776000 780000 784000 788000 792000 796000 800000 804000 TAO Flow line. 22" 65 KM 110.2 BCF US$ 29 mln for drilling three wells US$ 41 mln to fund the following: ■ 3 Platforms ■ 20 km pipelines material ■3 PLTFS Installation and pipeline laying Topside Facilities ■ The first well KNW1 was put on production in Jan-2022 with initial rate of 10 MMSCFD while the remaining two wells was put on production by May 2022 with initial rate for both 15 MMSCFD. ■ Phase-3A target is to maintain the production plateau at +/- 50 MMSCFD ■During 2023 and up to Q1 2024, EKH plans to mobilize US$ 70 mln in capex for Phase-3B which consist of drilling two wells (ATON1 + KSE2) in the new extension area through two WH platform and connect to existing facility by 21 km flowline. EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 0 1 2 3 4km KSE-1, 10.5 BCF 764000 768000 772000 776000 784000 788000 792000 796000 800000 15#16OFFSHORE NORTH SINAI CONCESSION (ONS) ONS Production Facilities NOSPCO NORDS PETROLEUM COMPANY شركة شمال سيناء للبترول . Phase3A Platform fabrication and installation Onshore CPF Site Rumana CPF Office Camp in Rumana Platform Fabrication Platform Sail Away Platform Installation CPF EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 16#17Insurance: Delta & Mohandes Significant increase in attributable net profit to EKH from its insurance subsidiaries over the last 4 years. Recurring Attributable Net Profit in EGP mln Delta Insurance ■ ▪ Leading life, property & casualty insurance company ■ Delta Insurance is currently among the top 5 largest private sector insurance companies in Egypt. ■ In 2019, EKH increased its stake in Delta Insurance from 33% to 55%. In 2020 and 2021, EKH acquired additional shares increasing its effective stake in Delta to 63.2% by the end of Q3 2021. ■ Delta Insurance extraordinary general meeting approved capital increase from EGP126mn EGP350mn. to El Mohandes Insurance ■Leading life, property & casualty insurance company ■ In Q4 2020, EKH acquired a 24.9% stake in Mohandes Insurance. According to EAS EKH Egypt Kuwait Holding 26 42 176 29 243 38 199 205 152 157 131 93 Delta Delta GOMIC MOHANDIES INSURANCE CO. شركة المهندس للتامين N COMIC MOHANDS INSURANCE CO شركة المهندس تأمينات الحياة 119 13 53 106 10 43 2019 2020 2021 2022 9M'22 9M'23 Q2'23 Q3'23 Delta Mohandes Adjusted for calendar year Variations due to rounding Egypt Kuwait Holding | Investor Presentation 17#18Non Banking Financial Services: Bedayti Bedayti Microfinance ■EKH's fully owned microfinance subsidiary Bedayti started operations in Q1 2022. Bedayti Q2 2023 Performance ■ As of Q3 2023, Bedayti opened 50 branches in 11 governates throughout Egypt. Key Performance Indicators up to Nov 2023: · Total disbursed loans: EGP 1.6 bln - Outstanding loans: - No. of Customers: EGP 910 mln >52,000 - Average Ticket Size: EGP 20,000 بدايتي Egypt's Total Microfinance Loans EGP mln No. of Microfinance Loan Beneficiaries in Egypt '000 28% CAGR: 35.3% 43,900 38,700 34,400 3,940 3,850 3,820 3,492 3,114 3,166 2,781 27,055 19,359 16,515 11,549 2018 2019 2020 2021 2022 Aug-22 Aug-23 2018 2019 2020 2021 2022 Jun-22 Jun-23 Microfinance sector in Egypt is promising: ☐ - ■ From 2018 to 2022 total outstanding microfinance loans showed a CAGR of 35.3%. c.65% of Egypt's population addressable age cohort (between 20-54 year olds) of c.47 mln remain unbanked. Egypt's Population in 2021 by Age Group Egypt's Population by Age Group 20-54 in mln Demonstrated Growth of Microfinance Loan Market: Females "75+ Males "65-69 "55-59 62 56 51 47 "45-49 "35-29 "25-29 "15-19 "5-9 2,000,00 4,000,00 6,000,00 8,000,000 2021 2025 2029 2033 EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 18#19Non Banking Financial Services: Bedayti بدايتي للتمويل طاهي الصغر 130 EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation بدايتي السلق وبدايتي 19#20Nile Wood NILEWOOD Forest ■Raw materials are sourced from our forest located in Sadat City, just 5 km away from the factory. Production Facility ■ The factory over an area of 150,000 m² is under construction in Sadat City, 140 km away from Alexandria Port. ■ Total investment cost stands at c. EGP 2 bln. Factory is set to have a capacity of 200,000 m3/year up 43% from the initial plan. ■ The production line has been supplied from Dieffenbacher, Heat Plant supplied from Vynke and Refiner from Andritz. All the equipment has been delivered at site.. ■ Production anticipated H1 2024. Strategy ■ To concentrate on supplying raw MDF boards with a production capacity of 655 m3/day. Capacity to be doubled to reach a production of 1,300 m3/day through adding one new production line Upon the success of Phase I, additional lines will be added to produce value added products to be used in flooring, lamination, doors, etc. Strategic Partner ■ EKH entered into a joint venture agreement with leading MDF German Producer Homann Holzwerkstoffe GmbH. selling a 27% stake in it's subsidiary Global MDF Industries BV. MDF Factory Forest EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 20 20#21Nile Wood - MDF PRODUCTION PROCESS Chipping Line Refining CHIPPING REFINING EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation NILEWOOD Glueing GLUEING 21 24#22Nile Wood - MDF PRODUCTION PROCESS EKH Egypt Kuwait Holding Forming Line FORMING L NILEWOOD Press System Sanding Line PRESS SYSTEM DIEFFENBACHER Cutting Line CUT TO SIZE Egypt Kuwait Holding | Investor Presentation SANDING LINE 22 22#23SHAREHOLDER RETURNS & FINANCIAL HIGHLIGHTS#24Share Performance & Shareholder Returns (EGX) EKHO At EKHO EY Equity Returns Adjusted for Dividends EKHO Share on EGX and EGX 30 Index .87 +0.0.86.89 354 >100 14: V 101,1 0.86 .89 L. 86 Va 88,27 Settings 11/09/2023 Period Weekly Share Information ☐ Number of shares listed on both EGX & Boursa Kuwait 1.126. bln ◉ Market Cap as of 25th Oct 2023: US$ 1.3 bln (EGP 41 bln) Range 10/27/2015 Security EKHO EV Equity ZEGX30 Index 1M Returns ■ 2016 Q3 2023: EKHO up 217% vs 3% for EGX30 Currency USD 1180 No. of Period 367 Week(s) Table Price Change 126.02% -16.15% Total Return 217.24% Difference 214.04% 3.21 Annual Eq 17.83% 45% YTD 1Y 2 BY 10 Egypt Kuwait Holding Co SAE Egyptian Exchange EGX 30 Price Index 2017 2018 2019 2020 Ass 3300 29777 8600 Brangapore 65 6212 1000 5511 2395 9000 Europe 44, EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 2021 2022 Comparative Returns 2023 -350 EKH Egypt Kuwait Holding -300 +217% 250 -200 150 100 -50 EGX 30 -50 3% SN 1658879 EET GMT+2:00 6596-3567-173 Iz-Nov-2023 16:21:38 24 24#25Share Performance & Shareholder Returns (Boursa Kuwait) Share Information ☐ Number of Shares Listed on Kuwait Bourse in Dinars: 572 mln Returns ■ 2016 Q3 2023: EKHOLDIN up 208% vs 81% for Boursa Kuwait All Share Price Return Index Returns Adjusted for Dividends EKHOLDIN Share on Boursa Kuwait and BKM50 Index EKHOLDI K 263.0-2.0 At 11: V 100 (263.0 EKHOLDIN KK Equity Settings Range 11/10/2016-11/09/2023 Period Weekly Security Currency Price Change EKHOLDIN KK Equity KMSEAS Index Kwd KWID 120.83% 52.668 K262. 263.0 -->-- 263.0 L 263.0 Va 26, 30 No. of Period 365 Week(s) Table Total Return Difference 207.77% 80.53% 127,24% Annual Eq 17.42% 8.51% 1M 3M YTD IY 5Y 10W Kuwait Holding Co SAE Boursa Kuwait All Share Price Return Index 2017 ངས་ Comparative Returns 350 300 150 EKH Egypt Kuwait Holding +208% 100 Kuwait All Share Price Index 2018 2019 2020 2022 Australia 61 2 9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Тарал 31 3 4565 8900 Singapore 65 6212 1000 SN 2021 2023 1 212 316 2000 165887850006112 NEW-2023 18:22:24 +81% EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 25 25#26Financial Highlights Total Assets (USD Mn) Total Equity of the owners of the Parent Company (USD Mn) 2,141 575 1,960 1,923 553 503 1,621 1,371 1,117 650 564 431 2018 2019 2020 2021 2022 Q3 2023 2018 2019 2020 2021 2022 Q3 2023 Attributable Net Profit (USD Mn) 171 115 116 95 241 207 Return on Equity (ROE) 25% 137 20% 21% 19% 43% 2018 2019 2020 2021 2022 9M 2022 9M 2023 2018 2019 2020 2021 2022 EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 26#27EBITDA & Debt Overview Attributable EBITDA (In '000 USD) Fertilizers and Petrochemicals Energy & Energy Related Diversified Attributable EBITDA Net Debt (Cash) (In '000 USD) Long-term interest-bearing debt Short-term interest-bearing debt Gross interest-bearing debt Cash & Cash Equivalents Consolidated Net debt (cash) Attributable Net debt (cash) According to EAS EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation Q2 2023 Q3 2023 26,927 29,257 20,334 37,474 14,944 15,245 62,206 81,976 Q1 2023 557,124 242,705 799,829 (904,712) (104,883) 47,218 27#28APPENDIX 1: MANAGEMENT TEAM, BOARD MEMBERS, TIMELINE & CORPORATE CITIZENSHIP#29Board of Directors Mr. Loay Jassim Al- Kharafi Chairman of the Board (Non-Executive) Mr. Adel Al-Alfi Vice Chairman of the Board (Non-Executive) Eng. Sherif El Zayat CEO (Executive) Mr. Moataz Al-Alfi Member of the Board (Non-Executive) Eng. Ibrahim Mahlab Member of the Board (Non-Executive) Mr. Saad Al-Saad Member of the Board (Non-Executive) Ms. Heba Nasser Al Kharafi Member of the Board (Non-Executive) Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah Member of the Board (Non-Executive) EKH Egypt Kuwait Holding Mr. Hussein Al-Kharafi Member of the Board (Non-Executive) Mr. Talal Jassim Al- Kharafi Member of the Board (Non-Executive) Eng. Amin Abaza Member of the Board (Non-Executive) Independent Eng. Osama Kamal Member of the Board (Non-Executive) Eng. Hesham Mekawi Member of the Board (Non-Executive) Mr. Sherif Samy Member of the Board (Non-Executive) Mr. Hussam Mohamed El-Sayed Member of the Board (Non-Executive) Mr. Waleed El Zorba Member of the Board (Non-Executive) Independent Dr. Walid Hegazy Member of the Board (Non-Executive) Mr. Mohamed Kamel Member of the Board (Non-Executive) Egypt Kuwait Holding | Investor Presentation 29 29#30Management Team EKH Egypt Kuwait Holding Eng. Sherif El Zayat Chief Executive Officer Mr. Medhat Bonna Group Chief Financial Officer Mr. Khaled El- Demerdash Group Legal Counsel Mr. Tamer Badrawi Chief Human Resources & Communication Officer Mrs Angie Helmi Chief Investment Officer Mr. Hany Ezzat Group Treasurer Mr. Elhamy El Sheikh Senior Sector Head - Gas Distribution & Electricity Mr. Ahmed El-Chourbagy Senior Sector Head - Non- Banking Financial Services Mr. Ahmed Boghdady Sector Head - Insurance Mr. Hany Azzam Head of Corporate Governance Mr. Mohamed Wafaei Head of Internal Audit Egypt Kuwait Holding | Investor Presentation 30#31Key Milestones 1997 EKH Established by prominent Egyptian Kuwaiti Businessmen 1998 1999 2001 Established NATGAS with & Shell & GAIL. (India) " NATGAS started operation Acquired a minority stake in Delta Insurance EKH Listing on EGX Listing on. Boursa Kuwait == NATGAS Delta Shell 2006 2007 2002 Acquired majority stake in Egyptian Glass Company, a JV with Guardian Industries. 2003 2004 2005 Established Alexandria Fertilizer Company (Alex Fert) Acquired 11.75% stake in Egyptian Fertilizers Company (EFC) Established Nubaria Gas Company Acquired Minority Stake in Fayum Gas Increased Stake in Delta Insurance to reach 33% Established Kahraba Company Divested stake in EFC GUARDIAN AF INDUSTRIES EFC Nubaria Fayum AHRABA ALEXPERT Gas Company gas Delta EFC 2008 Alex Fert started operations Established Egyptian Tanker Company (ETC) Established Gas Chill Company Gas Chill ETC CHYTANTANERCOMPANY Capital Increase of US$ 100 min Acquired 100% of Sprea & Plastichem Established Building Materials Industries Company (BMIC) ■ Acquired majority stake in Fayum Gas with GAIL SPREA MISR BMIC شركة صناعات مواد البناء Established Nile Takaful Insurance with Tokio Marine Fayum gas TOKIO MARINE EGYPT EKH Egypt Kuwait Holding 2011 2012 2013 2014 2015 Acquired 26% in Egyptian Hydrocarbon Corporation (EHC), ammonium nitrate plant EHC BMIC started operations Invested 15% in | Squared Capital BMIC شركة صناعات مواد البناء Divested Nile Takaful Insurance to Tokio Marine TOKIO MARINE EGYPT Rights Issue for Increased stake in US$ 110 mln NATGAS to 57% Acquired 100% stake in NOSPCO NOSPCO NATGAS Egypt Kuwait Holding | Investor Presentation 31#32Key Milestones 2016 2017 2018 2019 2020 2021 2021 cont. Sprea Misr's new SNF production line started operation. Increased stake in NATGAS to reach 84% Divesting stake in EHC to Carbon Holding Divested stake in I Squared Capital Established Nilewood Launched MTO and Increased stake in Delta Insurance to reach 56.51% ■ Acquired Shield Gas (UAE) Acquired 24.99% of Al Mohandes Insurance Increased stake in AlexFert to 57.4% ■ Obtained final FRA approval for Micro- Finance subsidiary Bedayati ■Drilled 3 new wells at NOSPCO Delta Insurance extraordinary general meeting approved capital increase from EGP126mn to EGP350mn. Increased stake in Delta to 63.22% NATGAS EHC SPREA MISR NILEWOOD 2022 Delta ك للكي 2023 COMIC MOHANDES INSURANCE CO, فحه العاهلحس لعملها Bedyati starts operations, opening 45 branches. German MDF producer Homann Holzwerkstoffe Gmbh, acquires a 27% stake in Global MDF, parent of Nile Wood Kahraba wins 10th Ramadan South Developers' Zone power distribution concession. ONS increases the area of its concession by 140 km2 to reach 440 km2 Increased stake in Alexfert to 75.13% Bedayti adds new branches to reach 50 branches. Kahraba wins Centamin power distribution concession ONS obtains preliminary approval to extend the life of its concession by an additional 10 years to 2034. بدايتي EKH Egypt Kuwait Holding AHRABA AF NOSPCO ALEXPERER NILEWOOD بدايتي AHRABA NOSPCO AF بدايتي Egypt Kuwait Holding | Investor Presentation NOSPCO Delta يك لك لي 32 32#33Corporate Citizenship Egypt Kuwait Holding (EKH) prides itself on actively participating in sustainable development, focusing on improving communities in the emerging economies in which it does business and working diligently to create a better future for coming generations. From educational initiatives and contributions to NGOs and charities, to stringent measures aimed at minimizing its environmental footprint, EKH remains deeply committed to ensuring a sustainable future. Corporate Governance Egypt Kuwait Holding (EKH) is committed to promoting a responsible, ethical business culture which safeguards the interests of our shareholders, stakeholders, and the environment in which we operate. EKH assesses its policies and performance with respect to its Business Principles; Code of Conduct; Health, Safety, Security and Environment (HSSE) policies; and major issues of public concern on behalf of the Board. Our corporate governance policies and practices are guided by internationally recognized standards such as the OECD Principles of Corporate Governance. Corporate Social Responsibility (CSR) Projects From its support of NGOs through applications and donations, to its involvement in spreading software knowledge to Egyptian universities, Egypt Kuwait Holding is proud to have participated in numerous educational initiatives since 2014. EKH offers assistance to surrounding schools, supplying them with computers to further develop students' cognitive and technical skills and providing support for renovating the infrastructure of the educational institutions. EKH is an active supporter of Injaz Egypt, an organization working to bridge the gap between the education system and the private sector. In partnership with the Ministry of Education and multinational and national companies, the program has positively impacted 500,000 Egyptian students in more than 451 public schools and 21 universities in 26 governorates since its establishment in 2003. Injaz Egypt is a member nation of Junior Achievement, a global economic education organization with a presence in over 100 countries, impacting over 8 million youth worldwide. EKH Egypt Kuwait Holding Egypt Kuwait Holding | Investor Presentation 33#34Disclaimer This presentation was prepared by Egypt Kuwait Holding S.A.E. ("EKH") and is strictly confidential and may contain market sensitive information. All recipients hereof who are permitted to receive the same are bound by the restrictions on disclosure and use and other terms thereof. The provision of this presentation is intended for discussion purposes only, and no person has represented or warranted the accuracy or completeness of any information contained herein. It does not constitute an offer or recommendation to enter into any transaction by EKH, its affiliates or its officers, directors or advisors. If you decide to enter into a transaction you do so in reliance on your own judgment. When making an investment decision, you should rely solely on the final documentation relating to the transaction and not this presentation. This presentation is strictly confidential and speaks only as of the aforementioned date. This presentation is not intended to be relied on for any purposes by any person without EKH's consent. Neither EKH nor any of its affiliates are under any obligation to consider or enter into any transaction. EKH and its affiliates shall not have any liability for any information contained in, or any omission from, the presentation or any other written or oral communication transmitted to the recipient(s) and they disclaim all liability for any direct, indirect, consequential or other damages or losses incurred by the recipients or any third party that arise from any reliance on this document or its accuracy. EKH Egypt Kuwait Holding | Investor Presentation 34 Egypt Kuwait Holding