#1Investor Presentation 9M 2021 00 ELSEWEDY ELECTRIC#2Disclaimer Certain information contained in this document consists of forward-looking statements reflecting the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements, including worldwide economic trends, the economic and political climate of Egypt and the Middle East and changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in such forward-looking statements. Recipients of this document are cautioned not to place any reliance on these forward-looking statements. The Company undertakes no obligation to republish revised forward-looking statements to reflect changed events or circumstances. Elsewedy Electric | Investor Presentation 9M 2021 ELSEWEDY ELECTRIC 2#3AGENDA I. II. An Integrated Energy Solutions Global Provider Investment Highlights . Full-Service Integration Long Track Record Strong Geographical Presence State-of-the-art Facilities Experienced Leadership Prestigio Prestigious Client Base III. Business Line Review IV. Recent Financial Performance V. Corporate Social Responsibility Elsewedy Electric | Investor Presentation 9M 2021 3#4An Integrated Energy Solutions Global Provider ELSEWEDY ELECTRIC Power...Build...Develop Sustainable Value.. Elsewedy Electric is an energy player structured to face the challenges of the world's fastest growing markets and the complexity of the critical electricity industry. From its start, deep product and sector specialization and unprecedented insight into local markets set the ground work for first mover advantage into new markets and sectors. Vision To become a global leader in delivering energy, services and value Integrity Our Core Values & Beliefs Purpose 9130 Innovation Excellence To deliver efficient integrated energy solutions provided with exceptional expertise and service to our customers and communities safely and efficiently. Ownership, Commitment & Collaboration . Customer Satisfaction The Elsewedy family began what is today Elsewedy Electric in 1938 as an electrical equipment trading company. • In 1960, after developing deep market understanding and local presence, the company became Egypt's first specialized cables distributor. • In 1984, Arab Cables - as the company was then called - built the country's first private sector cables factory. The event marked the beginning of Elsewedy Electric's corporate identity. Leadership Products Elsewedy Electric | Investor Presentation 9M 2021 Expertise 4#5Full-Service Integration ELSEWEDY ELECTRIC Elsewedy Electric is a fully integrated energy solutions provider: From raw materials such as metals and plastics to inputs across the spectrum of wires, cables and electrical products, to contracting and turnkey infrastructure projects and electricity generation. Elsewedy Electric provides integrated solutions through five divisions. L + Industry EPC Technology Investment Development Elsewedy Electric | Investor Presentation 9M 2021 5#6Summary of Main Financial & Performance Indicators Total Revenue (EGP bn) 24.6 CAGR: 14% 46.6 46.4 42.5 42.9 29.9% 40.9 31.2 2016 2017 2018 2019 2020 9M-2020 9M-2021 EBITDA Revenue by Segment - 9M 2021 2% 4% 1% 4% Wires & Cables 49% 41% Net Income (after minority interest) ■Turnkey Meters Transformers Electrical Products ■Renewables - IPP (EGP bn) (EGP bn) EBITDA EBITDA Margin Net Income after Minority Net Income Margin 15% 12% 6.4 9% 5.0 7% 4.0 6% 6% 3.0 2.3 1.7 18% 7.8 14% 14% 6.4 6.1 11% 5.3 10% 10% 4.2 3.2 2017 2018 2019 2020 9M-2020 9M-2021 2017 2018 2019 2020 9M-2020 9M-2021 ELSEWEDY ELECTRIC EGP 40,886.9 mn 9M Revenues ▲ 30% y-o-y EGP 2,293.5 mn 9M Net Income ▲ 32% y-o-y >15,000 No. of Employees 35 Years of Operation 22 Production Facilities 110 Export Countries Elsewedy Electric | Investor Presentation 9M 2021 6#7Investment Highlights#8Fully Integrated Energy Solutions Provider Fast track capabilities *** • • Industry Elsewedy Electric's integrated energy solutions provide a full range of offerings to produce, distribute, manage and safely use electrical power Integration across the value chain supports Quality guarantees EPC ELSEWEDY ELECTRIC Cost leadership Brand advantages Ability to offer turnkey solutions Cross-Selling Opportunities Technology Investment Development Wires and Cables Transformers Electrical Products Power Generation Electricity Transmission and Distribution Renewable Energy (Solar, Wind, Hydro) Water Treatment & Desalination Oil and Gas Transportation Elsewedy Electric | Investor Presentation 9M 2021 Smart Energy Management • Independent Power Plants • Industrial Logistical • Data Centres • Utilities Development 80#9Long Track Record (1/2) ELSEWEDY ELECTRIC The Elsewedy Electric name has existed in the market since 1938 as a distributer of electrical equipment, becoming Egypt's first specialized cables distributor by 1960 and Egypt's first private manufacturer of cables with the establishment of a production plant in 1984. Over the next 30+ years, Elsewedy Electric would expand both organically and inorganically through the establishment of plants and the acquisition of companies across the value chain both domestically and abroad. 1936-2000 2000-2007 2008-2010 2011-2019 1938 Elsewedy family started its business as a trader in electrical equipment 2002 First Factory Outside Egypt, Giad Elsewedy Cables 2008 Established Elsewedy Cables Algeria Established Elsewedy Electric Zambia Acquired 70% stake in ECMEI, for electrical insulators Acquired 100% stake in Iskraemco (Slovenia), for energy measurement & management systems 2011 Established Elsewedy Technical Academy (STA) 1960 Elsewedy became the only distributor for specialised cables in Egypt 2003 Established Sudatraf- Transformers Acquired 30% stake in M. Torres Olvega Industrial (Spain), for wind energy generation 2014 Acquired 100% stake in Elsewedy Electric PSP Elsewedy becomes Egypt's first 1984 private sector cables 2004 manufacturer, Arab Cables Established Italsmea Elsewedy, a 2009 JV with Italsmea Italy Established Elsewedy Cables KSA Established Elsewedy Cables Ethiopia Established Elsewedy Cables Yemen Second factory, Egytech Cables, is established Established first plant for 1996 producing PVC compounds and master batch, Egyplast 2005 Established Elsewedy Cables Syria Established Elsewedy Transformers Egypt Acquired a majority stake in Power System Projects (PSP) 2017 Established Elsewedy Logistics Properties 2018 Established Elsewedy Technical Academy II (PIP) 1997 United Industries is established Elastimold Egypt is established 2006 Established Elsewedy Electric Ghana 2010 Group is renamed to Elsewedy Electric Increased stake in M. Torres Olvega Industrial to 90% 2019 Established Elsewedy Technology Established Elsewedy Utilities Established Siag Elsewedy Towers, a JV with Germany-based SIAG Established United Metals, first factory for copper rods 1998 Established SEDCO, for cable accessories 2007 Established Doha Cables Established Elsewedy Electric Syria (Transformers) Established United Wires for galvanized steel wires Established Elsewedy Electric Nigeria Acquired a majority stake in 3W Networks Acquired a majority stake in Rowad Modern Engineering Acquired portfolio of renewable energy assets in Greece (3 wind parks and 1 hydro power plant) Reached commercial operation at Benban solar PV power plants Elsewedy Electric | Investor Presentation 9M 2021 9#10Long Track Record (2/2) ELSEWEDY ELECTRIC Elsewedy Electric has developed a strong track record in the execution of fast-track projects across Africa. The Group has repeatedly demonstrated its ability to secure high profile contracts both domestically and regionally with local governments Recent Notable Projects EPC Contract for two power generation plants in Egypt Mahmoudia Simple Cycle Power Plant Behira Attaqa Simple Cycle Power Plant Suez Awarded: January 2015 Value: USD 706 mn Capacity: 980 MW Client: Egypt's Ministry of Electricity & Renewable Energy Scope Construction of 2 power plant projects with 6 heavy duty gas turbine packages Status: Completed EPC Contract alongside Siemens AG for New Combined Cycle Plant in Egypt Awarded: June 2015 Value: € 2 bn (Elsewedy portion: € 785 mn) Capacity: 4,800 MW Client: Egyptian Government Scope Engineering, procurement and installation of balance of plant in addition to the erection & installation of SIEMENS turbines Status: Completed Beni Suef Combined Cycle Power Plant, Beni Suef EPC Contract for three power generation plants in Angola Awarded: February 2016 Value: USD 484.5 mn Capacity: 500 MW Client: Angola Ministry of Electricity and Water (part of Angola's 2016 Emergency Power Plan) Scope Construction of 3 power plants using GE gas turbines in three different locations in Angola (Camama, Cazenga and South Lunda) Status: Completed Elsewedy Electric | Investor Presentation 9M 2021 10 10#11Business Line Review#12Strong Geographical Presence & Deep Market Insight Today, Elsewedy Electric is a global integrated cables and electrical products manufacturer and a turnkey services provider with more than 15,000 employees working at 22 production facilities in 9 countries Our Domestic Advantage Domestic recognition - Our nearly 100% local staffing allows for tax benefits, lower cost financing and ultimately, better margins and a secure market share Local insight allows us to retain Intelligence on local conditions and players, key relationships and an advantageous position to position to anticipate market demand Our Advantage Abroad Economies of scale without compromising local producer advantages A closely aligned federation of fully localized production and distribution centers with a global coordination center in Cairo Expansive Distribution Network Elsewedy Electric's comprehensive worldwide distribution network reaches around the globe Scalability of ICT infrastructure Considerable investment in ICT infrastructure to link geographically dispersed factories and offices allowing for the sharing of data and knowledge, reduces costs and lead times and Improvements in the operations Elsewedy Electric | Investor Presentation 9M 2021 ELSEWEDY ELECTRIC 9 Production Centers 40 Main Export Markets 15 Engineering & Contracting 12#13State-of-the-art Facilities Utilizing Advanced Technology ELSEWEDY ELECTRIC Advanced technology acquisition and development places Elsewedy Electric at the forefront of world electricity trends, positioning the group to supply the most cost effective, clean technology to regional developing nations. Group- wide sharing of the most advanced production technology extends significant efficiency gains across the group's activities, while effective brand development boosts the group's profile as a leading energy player. Certifications BASEC BRITISH APPROVALS SERVICE FOR CABLES Wires and Cables (Total Capacity) Qualitätsmet SYSTEM agement + ISO 900 TEN CERTIFICATION 18001 SGS OHSAS MANAGEMENT ISO 17025 SYSTEM ISO 14001 CERTIFICATION SGS SYSTEM SYSTEM CERTIFICATION SO TS 16949 ISO 9001 SGS SYSTEM CERTIFICATION SGS . • EGYPT Cables Capacity: 150,400 tons Copper Rod Capacity: 120,000 tons PVC Capacity: 106,720 tons SAUDI ARABIA Cables Capacity: 37,296 tons Meters QATAR • Cables Capacity: 49,200 tons ALGERIA Cables Capacity: 33,612 tons ETHIOPIA • Cables Capacity: 5,400 tons Elsewedy Electric | Investor Presentation 9M 2021 Transformers SLOVENIA Electrometers Capacity: 5.4 mn meters EGYPT • Electrometers Capacity: 4.7 mn meters EGYPT • Transformers Capacity: 11,400 MVA ZAMBIA • Transformers Capacity: 260 MVA PAKISTAN • Transformers Capacity: 5,500 MVA ALGERIA • Transformers Capacity: 2,880 MVA INDONESIA • Transformers Capacity: 10,000 MVA 13#14Experienced & Dynamic Leadership Elsewedy Electric's management structure facilitates quick decision-making and the careful monitoring of developments around the world. The Group ensures that the highest level of management remains in touch with its core activities The Board of Directors Mr. Sadek Ahmed Sadek Elsewedy Management Pillars of Success ELSEWEDY ELECTRIC Non-Executive Chairman Managing Director Efficiency Elsewedy Electric has a track record of completing critical national and international projects that require a return to service within an extremely tight schedule. Innovation As a global energy solutions leader we realize the need of innovation within the renewable energy sector. We work hard to develop alternative energy solutions for future generations. Quality As a global energy solutions leader we realize the need of innovation within the renewable energy sector. We work hard to develop alternative energy solutions for future generations. Mr. Ahmed Ahmed Sadek Elsewedy Mr. Mohamed Ahmed Sadek Elsewedy Board Member Mr. Amr Mohamed Ahmed Labib Mr. Abdul Rahman Ahmed Ahmed Sadek El-Sewedy Mr. Ahmed Sadek Ahmed El-Sewedy Mr. Ahmed Saad El Din Abdo Abu Hendia Ms. Shahinaz Nabil Amin Fouda Mr. Sherif Samy Ebada Youssef Ms. Azza Ahmed Sadek El-Sewedy Elsewedy Electric | Investor Presentation 9M 2021 Board Member Board Member Board Member Independent Board Member Non-Executive Board Member Non-Executive Board Member Customer-Driven We strive to anticipate customer needs during new product development; we are in constant contact with clients, seeking their input to further tailor our products to their needs. Safety We boast a track record of positive contributions in manufacturing safe products. We ensure consistent safety and quality through strong governance and compliance to applicable regulations and standards. Skill Development Elsewedy Electric ensures hiring employees of the highest caliber while constantly investing in skill enhancement and development. Non-Executive Board Member 14#15Prestigious Client Base Nexans Elsewedy Electric boasts an impressive list of both global and regional clients spanning Energy, Telecom, Technology and other industries. LEONI kelag The repeat business of large regional government entities and global industry giants is testament to the exceptional quality, speed and service provided by the Group to its clients Sumitomo SPIC te data DANIELI Enel alcatel Technip SIEMENS ENSO جاسک GRIDCO GASCO Schneider Electric اتصالات etisalat ORASCOMA CONSTRUCTION SAMSUNG vodafone HITACHI KELLOGG W CHIYODA ENGIE CAIRO INTERNATIONAL AIRPORT K NP LANITIS VANITIS GROVE OF COMPANIES ELSEWEDY ELECTRIC edp 06 Kenya Power BECHTEL VATTENFALL ABB Gamesa TeliaSonera amarA EVN NUON e.on N.P. Lanitis Petrofac ANIXTER Terna ANIXTER Enppi ABENGOA ramos sierra IBERDROLA eDF Elsewedy Electric | Investor Presentation 9M 2021 15#16Industry: Wires & Cables Capacity Split by Country (%) - December 31, 2020 18% 2% 12% 13% Volume (000 tons) 154 156 149 ELSEWEDY ELECTRIC Product Range Comprehensive range of cabling solutions for residential, industrial, commercial and energy sectors Egypt Saudi Power Cables Special Cables Fiber Optic Cables Winding Wires Raw Materials 55% Qatar Algeria Ethiopia 122 124 127 121 Production Facilities Largest capacity in the MENA region with access to markets with underdeveloped infrastructure creating opportunities Egypt Algeria 13% 99 88 • 2014 2015 2016 2017 2018 2019 2020 9M-2020 9M-2021 Elsewedy Electric | Investor Presentation 9M 2021 • Egytech Cables ⚫ United Industries • El Sewedy Cables Egyplast Elsewedy SEDCO • United Metals • United Wires ⚫ UEIC ⚫ El Sewedy Cables Algeria Ethiopia • El Sewedy Cables Ethiopia KSA • El Sewedy Cables KSA Qatar • Doha Cables Elsewedy Electric has significantly extended its core wires and cables capacity in recent years, more than doubling its annual capacity since 2007 to approximately 285,000 tons as of December 31 2020 16#17Industry: Transformers Capacity (MVA) 11,400 10,000 30,040 5,500 2,880 260 Egypt Indonesia Zambia Pakistan Algeria Total Backlog (USD mn) 90 79 78 133 FY 2018 FY 2019 FY 2020 9M-2021 Elsewedy Electric | Investor Presentation 9M 2021 ELSEWEDY ELECTRIC Product Range Elsewedy Electric produces a full range of low, medium and high voltage transformers -- including power and distribution (step up and step down) transformers Power Transformers Cast Resin Dry Oil Immersed Installation & Maintenance Production Facilities The Group utilizes a state-of-the-art set-up to solidify its position as a leader of integrated energy solutions in MENA and Sub-Saharan Africa Egypt Elsewedy Transformers - Egypt Zambia Elsewedy Electric - Zambia Algeria Elsewedy Electric - Algeria Elsewedy Electric is the first and only producer of power and distribution (step up and step down) transformers in the region up to 220KV. The Group benefits from access to untapped markets and low-cost manufacturing bases 17#18Industry: Electrical Products Revenue (EGP mn) CAGR 9% 372 841 823 761 III Project Range ELSEWEDY ELECTRIC 577 423 66% 701 9M-2020 9M-2021 Cable Accessories Elastimold Egypt is cable accessories manufacturer resulting from a joint venture with Elastimold USA and Elsewedy SEDCO. Services range from engineering, design and correct accessory selection to supplying, training, installation and supervision. Insulators In June 2008, Elsewedy Electric acquired The Egyptian Company for Manufacturing Electric Insulators (ECMEI), a Middle East-based manufacturer of electric ceramic insulators. ELSEWEDY SED CO int ELASTIMOLD EGYPT ELSEWEDY-ELASTIMOLD ECMEI 2016 2017 2018 2019 2020 Elsewedy Electric | Investor Presentation 9M 2021 Others Explosion Proof Equipment Elsewedy Electric has been manufacturing explosion proof equipment since 1998 through Elsewedy Sedco, which specializes in supplying distinguished Electrical Bulk Materials (Explosion Proof) for the petroleum sector in Africa and Middle East Fiber Glass Poles Elsewedy Electric manufactures fiber glass up to a height of 14m. Through strategic alliances and acquisitions, Elsewedy Electric has become a one-stop shop, offering comprehensive solutions in the field of Electricity & Energy 18#19EPC: Turnkey Solutions Revenue (EGP bn) 6.4 9.5 CAGR 23% 15.4 13.2 22.7 13% 18.9 ELSEWEDY ELECTRIC Project Range Elsewedy Electric's Turnkey Solutions segment delivers electricity generating assets and transmission and distribution (T&D) networks on an EPC basis. 16.5 14.6 Power Generation Electricity Transmission & Construction & Infrastructure Telecom Solutions Distribution 2015 2016 2017 2018 2019 2020 9M-2020 9M-2021 Backlog - 9M 2021 By Region 8% 39% EGP 57 bn 50% 25% 27% By Sector 48% EGP 57 bn Geographical Reach The Group focuses on the power sector with strong capabilities that extend to large and complex infrastructure, industrial and commercial projects with an emphasis on turn-key contracting. Power PSP • Iraq ⚫ Egypt • Yemen • Iraq • Cameroon ⚫ KSA • Libya • Qatar Transmission & Distribution • Algeria Chad • Ghana . Mozambique Egypt • Niger • Cameroon • UAE Ethiopia Equatorial Guinea • Rwanda Zambia • Angola ⚫ Tanzania Power Generation Egypt GCC Other Transmission & Distribution HV Elsewedy Electric is a leading engineering, procurement and construction contractor active across the MENA and Sub-Saharan African regions Elsewedy Electric | Investor Presentation 9M 2021 19#20EPC: Turnkey Solutions Division | 1 Division | 2 Division | 3 Power Generation Power Transmission & Distribution ELSEWEDY ELECTRIC PSP ELSEWEDY ELECTRIC T & D Construction & Infrastructure RME ROWAD Modern Engineering Division | 4 ELSEWEDY ELECTRIC Projects Development & Renewable Energy ELSEWEDY POWER Considered one of the emerging EPC contractors with an extensive experience in the business of Power Generation and HV substation projects, Elsewedy PSP provides engineering, procurement, manufacture and construction services, demonstrating its dominant presence within the Egyptian market and successful expansion across the MENA Region; backed by the Group's corporate global activities. Elsewedy Electric T&D aspires to be a global leader in providing safe & environment friendly energy solutions to the growing infrastructure needs of its valued clients across the Middle East. We have the in- house capability to undertake design, engineering, procurement & management of installation activities for electrical power transmission & distribution projects on turnkey basis. One of Egypt's most reputable contractors with a strong reputation and growing business in Algeria, North Africa, Chad, and Mozambique. Through alliances with major international civil engineering and specialist contractors, we are able to undertake multidisciplinary projects of high scale and complexity. Develops, designs, builds, owns and operates assets in the field of power industry, whether in Power Generation or in Transmission & Distribution, outsourcing the corporate capabilities and expertise and cooperating with major & experienced developers, EPC contractors & equipment suppliers and focusing in emerging and growing markets, especially in which the Group has established a strong market position and special relations within. Sectors Served Power Industrial Infrastructure Utilities Sectors Served Power (Transmission Distribution) Utilities Infrastructure • Elsewedy Electric | Investor Presentation 9M 2021 Sectors Served • Infrastructure Industrial • Power Commercial Sectors Served Power Renewable energy 20#21Technology: Meters Revenue (EGP mn) 0 Rr1 1,072 ELSEWEDY ELECTRIC CAGR 21% Product Range The acquisition of Iskraemco establishes a global metering and measurement giant with the technological strength to build tomorrow's smart products 3,200 3,258 2,945 2,723 -15% 2,073 Smart Meters 1,758 Induction Meters Residential Meters Industrial Meters 2016 2017 2018 2019 2020 9M-2020 9M-2021 7 248 THOURS Distribution Network 240V3V WATTHOUR CAT No 54 82451 O Production Facilities With the production and distribution base to capture worldwide market share, Iskraemeco currently supplies over 3 million meters, mostly to countries in Europe and the Gulf. Slovenia ISKRAEMECO - Slovenia Egypt EUR 110mn Backlog - September 30th 2021 • ISKRAEMECO - Egypt In 2007, Elsewedy Electric acquired Slovenia's Iskraemeco, one of the world's most technologically advanced producers of metering equipment and services Production Capacity (Meters) Iskraemeco group production plants and offices Iskraemeco references (customer locations) Elsewedy Electric | Investor Presentation 9M 2021 Slovenia 5,400,000 Egypt Total 4,700,000 10,100,000 21 22#22Investment Elsewedy Electric | Investor Presentation 9M 2021 ELSEWEDY ELECTRIC Project Range Elsewedy Electric, jointly and equally with Électricite De France's EDF Renewables, developed, financed, built, owns and operates two solar PV power plants in Benban, Aswan, developed as part of Egypt's Round II of the renewable energy feed-in-tariff program launched by the Egyptian government 130 MWp Capacity Benban Solar PV Plant 140,000 Households Connected 120,000 Tons CO2 Saved/Year Elsewedy Electric's Benban Solar PV power plants commenced operations in August 2019, with an in-place Power Purchase Agreement and Network Connection Contract Project Value • USD 140 million Project Location Benban, Kom Ombo, Aswan Governorate, Egypt Elsewedy Electric contributes to and fully supports the Egyptian government's plan to generate 20% of the country's electricity from renewables by 2022 22 22#23Investment Elsewedy Electric | Investor Presentation 9M 2021 ELSEWEDY ELECTRIC Project Range Elsewedy Electric completed the acquisition of 3 wind and 1 hydroelectric energy companies in Greece in June 2019 63.6 MWp Capacity 34,000 Households Connected 102,000 Tons CO2 Saved/Year Renewable Energy Assets Public utility off-taker "DAPEEP" (Diacheiristis Ananeosimon Pigon Energias kia Eggyiseon Proelefsis S.A.) guarantees the purchase of all the energy produced at the parks. Acquisition Value ⚫ EUR 55 million Project Location Ermioni, Argolida, Greece • Tsouka, Arcadia, Greece • Kilkis, Macedonia/Achaia, Greece Elsewedy Electric is committed to seeking investment opportunities to provide added value and sustainable solutions 23#24Development Elsewedy Electric | Investor Presentation 9M 2021 ELSEWEDY ELECTRIC Project Range Industrial Development Elsewedy Industrial Development is one of Egypt's leading master developers, controlling a land bank of 5 million SQM. In partnership with large, specialized entities, Elsewedy Industrial Development is developing three industrial parks, Industria West, Industria East and Al Oula, servicing industrial clusters operating in food processing, engineering, textiles, building materials, logistics and other clean industries. Logistics Development Elsewedy Logistics Properties originated from Elsewedy's successes in the industrial development of Pi Parks and Al Oula. Located in Industria West with 14,000 SQM of warehouse ambient and temperature-controlled space, SLP #One will be operated in partnership with DB Schenker Egypt. This joint operation is part of SLP's strategic partnership agreement with DBS, one of the world's three largest logistics service providers, which will see the two jointly develop innovative and sizeable logistics assets in Egypt and the MENA region. ELSEWEDY DEVELOPMENT SLP ELSEWEDY LOGISTICS PROPERTIES 24 24#25Financial Performance#26Income Statement Highlights 2% 4% 1% 5% 9M 2021 49% 41% Wires & Cables Turnkey Solutions Meters Transformers Electrical Products Renewables - IPP Revenues 47% Segmental Analysis Gross Profit ELSEWEDY ELECTRIC 1% 1% 3% 7% 5% 2% 4% 4% 6% 7% 9% 41% 40% 11% 41% 9M 2021 9M 2020 9M 2020 38% Wire & Cables ■Turnkey Solutions Meters Transformers Electrical Products ■Renewables - IPP Elsewedy Electric | Investor Presentation 9M 2021 ▲ YoY Revenue 55.7% ▲ 12.5% ▲ Gross Profit ▲ 35.7% ▲ 33.3% 31% Gross Profit Margin (9M 2021) 11% 13% 29% ▼15.2% ▲ 6.2% ▲ 35.9% ▲ 5.9% 22% ▲ 65.5% ▲ 54.4% 38% ▼ 2.9% 17.3% 49% 26#27Income Statement Highlights Total Revenue (EGP bn) 24.6 2016 14% CAGR 30% Gross Profit (EGP bn) 46.6 46.4 42.9 42.5 40.9 31.5 5.9 2017 2018 2019 2020 9M-2020 9M-2021 Revenues increased by 29.9% y-o-y to EGP 40,886.9 million in 9M 2021 on the back of a rapid expansion at Elsewedy's wires and cables segment and solid growth in turnkey projects. EBITDA (EGP bn) EBITDA EBITDA Margin ELSEWEDY ELECTRIC Gross profit Gross profit margin 24% 21% 17% 9.0 18% 8.2 15% 7.2 14% 7.1 14% 5.5 4.3 2016 2017 2018 2019 2020 9M-2020 9M-2021 Gross Profit increased by 28% y-o-y to EGP 5,515.3 million in 9M 2021, yielding a gross profit margin of 13.5% against the 13.7% recorded one year previously. Net Income (after Minority Interest) (EGP bn) Net Income after Minority Net Income Margin 18% 18% 14% 14% 11% 7.8 10% 10% 6.1 6.4 5.3 4.5 4.2 3.9 3.2 16% 15% 12% 6.4 9% 5.0 7% 4.0 6% 6% 3.0 2.3 1.7 2017 2018 2019 2020 9M-2020 9M-2021 2016 2017 2018 2019 2020 9M-2020 9M-2021 2016 EBITDA climbed by 31.6% y-o-y, registering EGP 4,239.5 million in 9M 2021, with the EBITDA margin booking 10.4% against 10.2% one year previously. Elsewedy Electric | Investor Presentation 9M 2021 Net Profit after Minority Interest recorded EGP 2,293.5 million in 9M 2021, up by 32.4% y-o-y from the EGP 1,731.8 million posted in 9M 2020. Elsewedy's net profit margin came in at 5.6% in 9M 2021 versus 5.5% one year previously. 27#28Balance Sheet Highlights CAPEX (EGP bn) I CAPEX CAPEX/Sales 6.3% 3.7% 2.9 3.3% 2.3% 2.4% 2.6% 1.6 1.1 0.6 2015 2016 2017 2018 2019 2020 Dividend Per Share ("DPS") (EGP) 1.5 0.4 0.3 2015 2016 1.6 2017 ELSEWEDY ELECTRIC 0.8 0.8 0.4 2018 2019 2020 Despite a significant growth revenue over the last 5 years, Elsewedy has maintained a relatively low CAPEX to sales (less than 4% between 2014 and 2018), with a slight uptick for 2019 and a reversion to trend in 2020. Elsewedy declared a dividend of EGP 0.40 per share for 2020, demonstrating its commitment to the continued distribution of dividends. Net Debt (EGP bn) (562.5) 497.0 (12.0) 2017 2018 (769.0) 2019 2020 Net Debt Ratios Net Debt/Equity Net Debt/EBITDA 1.0x 0.6x 5,940.0 0.3x 0.2x 0.13x 0.11x 0.06x 0.04x 0.00x 0.048x 0.001x 0.03x 2015 2016 2017 2018 2019 2020 9M-2021 Elsewedy recorded a net debt position of EGP 4,006.7 million as at 30 September 2021 against a net cash position of EGP 562.5 million booked at 31 December 2020. Net debt to EBITDA decreased substantially over the last 5 years, from 1.0x in 2015 to 0.11x in 2020, while net debt to equity also fell from 0.3x to 0.03x, indicating a marginal level of debt in comparison to the company's size of operations Elsewedy Electric | Investor Presentation 9M 2021 28#29Consolidated Income Statement ELSEWEDY ELECTRIC EGP Sales Wires & Cables Q3-2021 Q3-2020 % Change 9M-2021 9M-2020 % Change 7,440,382,254 4,745,541,887 Electrical Products Turnkey Projects 1,435,362,340 5,998,661,194 1,313,037,887 5,293,083,539 20,264,667,283 3,889,780,474 16,732,455,396 13,012,915,279 3,549,324,641 14,907,764,211 Total Sales 14,874,405,788 11,351,663,313 31.0% 40,886,903,153 31,470,004,132 29.9% COGS Gross Profit (13,163,656,275) 1,710,749,513 (9,350,296,444) 2,001,366,869 -14.5% (35,371,650,869) 5,515,252,285 (27,168,263,614) 4,301,740,517 28.2% Gross Profit Margin 11.5% 17.6% 13.5% 13.7% SG&A (770,315,990) Other Operating Income Other Operating Expense 111,910,919 (56,636,338) Income from Investments EBITDA 66,331,820 1,312,314,297 (689,970,401) 179,036,059 (178,951,486) 77,261,962 1,597,447,501 (2,322,347,712) (2,052,874,387) 314,750,995 (256,289,511) 195,571,122 -17.8% 4,239,473,580 367,483,778 (335,739,572) 244,356,181 3,220,873,272 EBITDA Margin 8.8% 14.1% 10.4% 31.6% 10.2% Depreciation & Amortization FX Gain / (Loss) (250,274,373) 14,333,402 (208,704,497) (98,363,682) (792,536,400) (1,743,317) (695,906,754) (37,849,902) EBIT 1,076,373,325 1,290,379,322 -16.6% 3,445,193,863 2,487,116,616 38.5% Interest Expense (192,115,682) (173,143,776) Interest Income 77,153,792 Interest Income / (Expenses) EBT (114,961,890) 961,411,435 95,123,395 (78,020,382) (485,820,186) 336,884,210 (386,451,681) 412,670,716 (148,935,976) 26,219,035 1,212,358,941 -20.7% 3,296,257,887 2,513,335,651 31.2% Tax Net Income Minority Interest (186,732,961) 774,678,473 (302,916,353) (778,309,112) (577,930,191) 909,442,588 -14.8% 2,517,948,775 1,935,405,461 30.1% (70,821,820) Net Income After Minority Interest Net Income Margin 703,856,653 (91,933,265) 817,509,323 -13.9% (224,497,786) 2,293,450,989 (203,652,791) 1,731,752,670 32.4% 4.7% 7.2% 5.6% 5.5% Elsewedy Electric | Investor Presentation 9M 2021 29#30Consolidated Balance Sheet ELSEWEDY ELECTRIC EGP Long Term Assets Fixed Assets & Goodwill Investments Other long-term Assets Other long-term Receivables Total Long-term Assets Current Assets Inventories Receivables Other Debit balance Due from Related Parties Cash & Cash Equivalents 31/12/2020 30/06/2021 30/09/2021 8,814,664,639 1,524,731,301 436,434,058 2,360,964,510 8,937,096,848 2,424,373,450 9,509,509,830 2,498,818,920 13,136,794,508 319,874,008 2,561,529,237 14,242,873,543 274,084,979 2,525,747,897 14,808,161,626 7,490,676,915 13,599,623,740 9,249,566,625 645,776,969 10,729,343,941 11,315,334,021 12,520,274,010 13,694,958,569 11,544,539,215 12,491,375,232 1,025,536,748 10,811,687,255 11,208,577,976 826,765,441 8,637,371,359 Total Current Assets 41,797,331,504 47,028,271,890 46,965,804,622 Total Assets 54,934,126,012 61,271,145,433 61,773,966,248 Current Liabilities Bank Overdraft & Short-term loans 8,268,089,866 12,865,570,265 11,781,160,771 Accounts Payable 5,733,816,805 6,339,559,377 6,787,623,173 Other Credit balance 16,783,796,473 Due to Affiliates Provisions Total Current Liabilities Issued and Paid Capital Retained Earnings Others Total Parent's Shareholders' Equity 17,021,930,343 588,944,840 1,497,155,181 32,871,803,165 2,184,180,000 13,209,556,139 1,628,194,204 16,918,092,521 568,111,797 1,633,386,654 38,324,720,614 2,184,180,000 13,693,057,925 1,562,926,637 17,440,164,562 17,101,046,005 644,494,076 1,484,466,083 37,798,790,108 2,184,180,000 15,355,425,383 498,112,032 18,037,717,415 Minority Interest Total Equity 869,033,193 17,890,963,536 Long-term Loans 1,981,093,136 916,741,158 18,356,905,720 2,349,714,766 1,058,426,646 19,096,144,061 2,796,196,904 Other long-term Liabilities 2,190,266,175 2,239,804,333 2,082,835,175 Total Long-term Liabilities 4,171,359,311 4,589,519,099 4,879,032,079 Total Liabilities & Equity 54,934,126,012 61,271,145,433 61,773,966,248 Elsewedy Electric | Investor Presentation 9M 2021 30#31Stock Information SWDY.CA/SWDY.EY (30/09/2021) Ownership Structure Issued Shares ■Mr. Sadek Ahmed Sadek Elsewedy Share Price 25.0 32.3% 2,184,180,000 Shares EGP 8.19 ■Mr. Ahmed Ahmed Sadek Elsewedy ■Mr. Mohamed Ahmed Sadek Elsewedy Listing Venue Market Cap 25.0 17.7 ■Free Float The Egyptian Stock Exchange EGP 17.9 bn Elsewedy Electric Stock Performance 120 100 80 60 40 20 ELSEWEDY ELECTRIC 0 12/31/2020 1/31/2021 2/28/2021 3/31/2021 4/30/2021 5/31/2021 6/30/2021 7/31/2021 8/31/2021 9/30/2021 10/31/2021 SWDY EGX30 Elsewedy Electric | Investor Presentation 9M 2021 31#32Corporate Social Responsibility#33Corporate Social Responsibility ELSEWEDY ELECTRIC Elsewedy Electric aims to encourage and facilitate Egyptians to contribute positively to our society and create a sustainable business future. We recognize our responsibility for the social impact we have on communities, and our Corporate Social Responsibility program is integral to what we do. To this end, Elsewedy Electric supports a variety of projects and initiatives aimed at improving the lives of both Egyptians & Non-Egyptians through education, vocational training, healthcare and other sponsorship programs Select Partnerships & Events MAWAHEB FROM BEAUTIFUL PEOPLE Mawaheb is an art studio for disabled youth aged 16 and above. Elsewedy Electric supports Mawaheb in its mission to encourage each individual regardless of their disability to reach their highest potential through art and aid in the development of necessary life skills. E FACE Elsewedy Electric has partnered with FACE for Children to improve living standards for orphans, homeless children, child victims of abuse or neglect, and refugee children. EGYPTIAN FOD BANK Together... Ending Hunger The Egyptian Food Bank aims to eliminate hunger problems through creating awareness, providing educational and feeding programs, and encouraging long term development. Elsewedy Electric is one of the Bank's top contributors, with employees participating in the packaging of meals this Ramadan. Elsewedy Friends Club is a comprehensive training program for electrical engineers, contractors, traders, technicians, teachers of technical education and governmental agencies workers across Egypt and the countries in which Elsewedy operates. Established in 2010, the program has trained more than 1000 of its members in a variety of trades. Elsewedy Electric sponsors The Entrepreneurship Convention which offers a variety of specialized workshops including Small Business Simulation, Production Innovation Simulation and Intrapreneurship Convention aimed at encouraging young Egyptian Entrepreneurs. Elsewedy Electric | Investor Presentation 9M 2021 33#34Corporate Social Responsibility ELSEWEDY ELECTRIC Select Healthcare Initiatives Abu El-Rish El Yabani Hospital Egypt Also known as Cairo University Specialized Pediatric Hospital, CUSPH is a Japanese-donated Cairo-based specialized pediatric hospital. Elsewedy Electric provided the total repair and renewal of its six elevators. Orman Oncology Hospital Egypt Elsewedy Electric contributed to El Shefaa El Orman Hospital in Luxor by preparing chemotherapy rooms for oncology patients. CHILDREN ENDS OF C FRIENDS C بالسرطان WITH CANCER أصدقاء الأطفال. Sphinx Cure Oncology Center Egypt Elsewedy Electric made a significant contribution to the construction development of the 1st, 2nd and 3rd phases of Sphinx Cure Oncology Center in Cairo, which offers free chemotherapy for underprivileged patients in poor areas. National Cancer Institute Egypt Elsewedy Electric cooperated with the NCI to provide a full operating room with a world-class mammography system solution from Hologic Selena Dimensions. Friends of Children with Cancer (FOCC) Helps supply consistent and timely access to high quality medication to children from low-income families. Elsewedy Electric supports FOCC in providing children who have undergone chemotherapy with proper nutrition to protect them from secondary infections in between treatments. Elsewedy Electric | Investor Presentation 9M 2021 مستشفيات جامعة الزقاريق قطاع Zagazig University Hospital Egypt Elsewedy Electric supported the hospital by the refurbishment of the building, and proving the necessary medical equipment. Children's Cancer Hospital 57357 Egypt 57357 provides comprehensive family centered quality treatment specializing in Oncology treatment for children. Elsewedy has donated significantly to 57357 since its establishment in 2007. 14 34#35Corporate Social Responsibility ELSEWEDY ELECTRIC Select Education Initiatives Elsewedy Technical Academy STA ELSEWEDY TECHNICAL ACADEMY In 2011, Elsewedy Electric established the Elsewedy Electric Technical School which aims to support technical school graduates and prepare them to join the workforce. The school teaches them how to get acquainted with relevant education pathways for those who want to continue beyond upper secondary education. STA launched its first academy in September 2016 which hosted 600 students. It plans to acquire the Quality Management Certificate ISO 29990 in 2018 Students join STA on full scholarships, providing them with uniforms, learning material, electronic learning devices, transportation and on-the-job training during their three year course of study, in addition to financial support in the form of monthly compensation. Other Educational Initiatives Mohamed Farid School Egypt Elsewedy Electric developed the Mohamed Farid school, including all infrastructure works, classrooms, laboratories, activities as well as the hiring of teachers and administrators. Additionally, Elsewedy covers the cost of school uniforms, bags and stationary of its 1,760 students. Sheikh Abdul Aziz School (Warraq) Egypt Elsewedy Electric took the initiative to revamp the Sheikh Abdul Aziz school before the start of the 2015 academic year. The renovation process included painting the school, supplying new desks, and the development of a high end computer lab and sports courts El-Sheikh Zayed School for Basic Education Egypt El-Sheikh Zayed School for Basic Education offers a number of classes for KG1 & KG2. Elsewedy Electric allotted a monthly donation to renovate 4 classes in addition to hiring and funding additional teachers required to handle the classes and student enrollment. Early Childhood School Egypt In the beginning of the 2015 academic year, Elsewedy Electric signed a mandate with the Ministry of Education to renovate and renew the "Early Childhood School". All the toilets as well as the carpentry were renovated, in addition to six classes which were also supplied with books, toys, drawing tools, microphones and other equipment. Elsewedy Electric | Investor Presentation 9M 2021 35#36Health, Safety & Environment#37Health, Safety & Environment ELSEWEDY ELECTRIC We believe that our employees are our most important asset. The safety of our employees, subcontractors and stakeholders is our highest priority. We strive to create and maintain a safe operating culture by prioritizing safety in everything we do. We believe in earning the confidence of consumers, shareholders and the wider society. We strive too be a good neighbor and contribute to sustainable development • It is our belief that: Every incident can be prevented Health HSE . Safety can be managed . Our management is responsible for ensuring the safe operations Protecting the environment is our responsibility In Elsewedy Electric we are all committed to: . Pursue the goal of no harm to people • Train our employees on how to perform their jobs safely • Safety Environment Provide the necessary resources for a safe and clean workplace and environment • • Our HSE Policy will be regularly reviewed to ensure ongoing suitability. The commitments listed are in addition to our basic obligation to comply with Elsewedy standards • Elsewedy Electric | Investor Presentation 9M 2021 Plan for, respond to and recover from any emergency, crisis and business disruption Promote best practice in our industry ● Minimize our environmental impact through efficient use of materials and energy Encourage a culture in which all employees share our commitment to safety and environment Continuously improve the way we manage safety and environment protection in our operations 37#38Elsewedy Electric | Investor Presentation 9M 2021 This slide is intentionally left blank ELSEWEDY ELECTRIC 38#39Elsewedy Electric | Investor Presentation 9M 2021 This slide is intentionally left blank ELSEWEDY ELECTRIC 39#40Elsewedy Electric | Investor Presentation 9M 2021 ELSEWEDY ELECTRIC Integrated Energy Solutions ELSEWEDY ELECTRIC 40 40