#1Corp Investor Presentation THIRD QUARTER 2023#2Corp Disclaimer This material is being furnished to you solely for your information on a confidential basis and may not be reproduced, redistributed or passed on, in whole or in part, to any other person. The information contained in this material is subject to changes without notice and past performance is not indicative of future results. This presentation may contain certain "forward-looking statements" relating to GB Corp S.A.E. (the "Company"). These may be identified in part through the use of forward-looking terminology such as "will," "planned," "expectations" and "forecast" as well as similar explanations or qualifiers and by discussions of strategy, plans or intentions. These statements may include descriptions of investments planned or currently under consideration or development by the Company and the anticipated impact of these investments. 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GB Corp | Investor Presentation 3Q23 2#3Corp GB Corp | Investor Presentation 3Q23 Outline 04 GB Corp Overview 09 GB Auto 24 GB Capital 29 Consolidated Financial Performance 32 Key Corporate and Shareholder Information 3#4Group Overview#5Corp GB Corp is a leading automotive company in the Middle East & Africa and non-bank financial services provider in Egypt. The company operates under two distinct segments: GB Auto, which operates the core automotive business and encompasses six primary lines of business across Egypt and Iraq, and GB Capital, which oversees the operations of the Group's non-bank financial service providers. < Auto Egypt Passenger Cars Egypt Motorcycles & Three Wheelers Egypt Commercial Vehicles & Construction Equipment Corp GB Lease Egypt Tires Drive Capital MNT-Halan Forsa GB Auto Rental Egypt After-Sales Regional Kredit GB Corp | Investor Presentation 3Q23 Kaf Bedaya 5#6<Corp The Group has an established regional footprint with a strong portfolio of top global brands. EGYPT Passenger Cars V HAVAL HYUNDAI MAZDA CHERY CHANGAN VOLVO TO Commercial Vehicles EICHER FUSO SHACHAN & Construction Equipment UD ASHOK LEYLAND SDLG HIGER UD TRUCKS Motorcycles & Three-Wheelers Tires Others BAJAJ LASSA YOKOHAMA GOOD YEAR THUNDERER WEST LAKE, SUNFULL DOUBLECOIN TECHKING VERDE TRE SOLUTIONS EL MIKANEEKY GAZPROMNEFT mnt Halan bedaya GB CAPITAL Lease & Factoring DRIVE FINANCE Passenger Cars Motorcycles & Three-Wheelers GB Corp | Investor Presentation 3Q23 IRAQ BAJAJ FABRIKA Auto Rental فرصة kaf FORSA INSURANCE kredit 6#71 3 Corp Key Highlights 9M23 The Company commenced the export of Fuso and Volvo buses to the Middle East VOLVO FUSO Auto Non-Bank Financial Services (NBFS) 2 GB Auto launched the new Tiggo 8 CKD 1 MNT-Halan issued the Halan card 2 GB Auto received the Hyundai Dealer of the Year Award 4 HYUNDAI GB Corp | Investor Presentation 3Q23 CHERY GB Auto was awarded the global outstanding distributor for its MG operation in Iraq mnt Halan 3 GB Lease signed its first Factoring ticket 4 < Lease & Factoring Kredit launched its operations and disbursed c.EGP 50 million kredit Forsa continued to grow its merchant network and has now reached over 1,300 merchants in more than 5,000 stores فرصة FORSA Unlock your Chances 7#8Corp Consolidated Financial Highlights Building on a strong start to the year, GB Corp recorded solid results for the nine- months period ended 30 September 2023. Revenues GB Corp's revenues increased year-on-year by 21.6% to reach EGP 8,771.0 million in 3Q23. It is worth noting that when normalizing for MNT- Halan's deconsolidation, revenues would have shown a 3.3% y-oy increase in 9M23. Gross Profit GB Corp recorded a 7.4% y-o-y decline in gross profits in 3Q23 due to the deconsolidation of MNT- Halan. Operating Profit 16% Increased by 8.0% y-o-y in 3Q23 as a result of a 28.1% decrease in SG&A expenses during the period. Net Profit GB Corp's bottom-line figure was up 20.3% y-o-y during the quarter on the back of GB Auto's stellar performance in 3Q23. GB Corp | Investor Presentation 3Q23 3Q22 1,142.5 1,233.6 7,211.7 8,771.0 Operating Profit (EGP mn), OP % 14% 14% 3,228.1 Revenue (EGP mn) 22,887.6 19,522.4 3Q22 3Q23 9M22 9M23 3Q22 3Q23 9M22 9M23 2,351.1 12% 8% 550.7 2,098.2 1,942.5 Net Profit (EGP mn), NP % 8% 6% 7% 3Q23 9M22 9M23 3Q22 3Q23 9M22 9M23 662.4 8 1,270.5 1,270.7 29% Gross Profit (EGP mn), GP % 22% 27% 6,108.9 4,328.9 22%#9Corp GB Auto GB Corp | Investor Presentation 3Q23 6#10GB Corp | Investor Presentation 3Q23 714 14% 1,247 5,149 7,632 Corp GB Auto Key Financial Highlights EBITDA (EGP mn), EBITDA % 16% 11% Revenue (EGP mn) 17,094 16,535 GB Auto 3Q22 3Q23 9M22 9M23 3Q22 3Q23 9M22 1,878 2,504 15% 3Q22 3Q23 9M22 9M23 9M22 3,934 1,100 2,113 21% Gross Profit (EGP mn), GP % 23% 17% 1,720 Net Debt (EGP mn) FY22 9M23 10 1,841 2,948 9M23 3,716 23%#11Corp GB Auto is comprised of diverse operations that span the value chain from manufacturing and assembly to sales, after-sales, and trading.* Egypt Passenger Cars Assembly: Passenger car CKD and imported CKD kits Sales & Distribution: • Imported CKD kits with a production capacity of c.80,000 units per year ⚫ CBU vehicles Egypt After-Sales Sales & Distribution: • After-sales services and distribution of spare parts for passenger cars, motorcycles, and commercial vehicles • Largest cross-country network of its kind, with continual expansion 46.5% 8.5% 3Q23 GB Auto Revenue Contribution 3Q23 GB Auto Revenue Contribution • Egypt Tires Sales & Distribution: Passenger car, van, truck, construction equipment, and bus tires Assembly: ⚫ Trucks Egypt CV&CE Manufacturing: ⚫ Bus bodies • Trailers/superstructures Sales & Distribution: • Trucks ⚫ Buses • Trailers/superstructures • Construction/farming equipment Egypt Motorcycles & Three Wheelers Assembly: * Motorcycles CKD assembly Manufacturing: ⚫ Motorcycles components at the Badr Facility Sales & Distribution: Motorcycles Regional Sales & Distribution: • Imported CBU passenger car units in Iraq (MG) with after sales service Bajaj motorcycles and three- wheelers in Iraq with after sales services 6.0% 4.2% 3Q23 GB Auto Revenue Contribution 3Q23 GB Auto Revenue Contribution 1.7% 28.2% 3Q23 GB Auto Revenue Contribution 3Q23 GB Auto Revenue Contribution Cheapokb Somicor 5-Year CAGR-23.9% bul 5-Year CAGR 13.6% co Contai 5-Year CAGR 9.1% 1.12% hope How barnam 5-Year CAGR 16.2% Yous commu Contin 5-Year CAGR 6.8% poke 5-Year CAGR -0.7% *GB Auto has one secondary line of business, Others, which consists of lubricants, pre-owned passenger cars, pre-owned commercial vehicles, and retail. GB Corp | Investor Presentation 3Q23 11#12Corp ° OF HY 92 EGYPT PASSENGER CARS GB Corp | Investor Presentation 3Q23 ⚫ GB Auto successfully enhanced its product mix and improved its pricing, resulting in improved profitability margins. To that end, the company recently launched the new Tiggo 8 CKD unit with several more in the pipeline. GB Auto will leverage its position in the locally assembled vehicle segment while capitalizing on every opportunity to improve supply levels. The PC LoB's performance during the period was impacted by import restrictions and limited FX availability. In 3Q23, GB Auto maintained its position as the market leader in the passenger car segment, with a market share of 28.5%. 12#13Corp ° EGYPT PASSENGER CARS The segment's volumes recorded a decline of 13.9% y-o-y in 3Q23, however, it made a significant recovery on a quarter-on- quarter basis with volumes up 98.6% compared to 2Q23. While the passenger car market declined by 22.0% y-o-y and was up 31.0% q-o-q, revenues for GB Auto increased both q-o-q and y-o-y at 118.2% and 65.6%, respectively, to reach EGP 3,547.5 million on the back of improved pricing and an enhanced product mix. On a YTD basis, volume declined 56.5%, however, revenues declined at a slower rate, recording an 18.7% decline to EGP 6,369.7 million in 9M23. 3Q22 2Q23 3Q23 Q-o-Q Y-o-Y 9M22 9M23 Y-o-Y CBU Sales Volume (Units) 1,610 592 1,227 -23.7% 10,670 2,003 -81.2% CKD Sales Volume (Units) 5,442 2,465 4,845 96.5% -10.9% 16,695 9,903 -40.7% Total Sales Volume (Units) 7,052 3,057 6,072 98.6% -13.9% 27,365 11,906 -56.5% Sales Revenue (EGP million) 2,142.0 1,625.9 3,547.5 65.6% 7,832.2 6,369.7 -18.7% 1 AIRBAG GB Corp | Investor Presentation 3Q23 Energy F e Mode YOU- 337 4:07 Feb.9 Energy Flow 4 CSEEK 13#14GB Corp | Investor Presentation 3Q23 133,165 144,204 133,760 207,973 Corp EGYPT PASSENGER CARS MARKET The passenger car market in Egypt continued to experience supply shortages. PC market continues to experience supply shortages due to import restrictions and limited FX availability. These issues were further exacerbated by the devaluation of the EGP and a slowdown in opening letters of credit. Egyptian Market Breakdown CBU vs. CKD Volumes 3Q23 Market Sales Breakdown 19,048 ■CBU 51% ■ CKD 49% 195,559 141,983 99,530 PC Market, Annual Sales 145,886 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 3Q22 3Q23 Sources: Automotive Marketing Information Council (AMIC); International Monetary Fund, World Bank, Business Monitor International, CIA World Fact Book, GB Auto Research. *Please note that this figure refers to passenger cars only, while the motorization figures of the other countries in this graphic refer to cars, buses, and freight vehicles but do not include two-wheelers. **Figures are taken from World Bank. 127,443 167,792 215,072 133,857 GB Auto represents 56% of CKD units sold in the Egyptian market CKD Sales 9,329 14 ■GB Auto 56% Others 44% 24,426 19,048#15Corp ° EGYPT MOTORCYCLES & THREE-WHEELERS The segment's volumes fell 70.9% y-o-y in 3Q23 due to the phasing out of the three-wheeler inventory, as well as import restrictions and limited FX availability impacting inventory. Meanwhile, volumes increased 19.1% q-o-q in 3Q23 as a result of improving supply conditions and the introduction of a new tricycle, which is gaining traction in the market. Consequently, revenue was down 68.4% y-o-y in 3Q23. On a YTD basis, volumes were down 83.9% y-o-y in 9M23 resulting in an 81.3% decline in revenues in 9M23. 3Q22 2Q23 3Q23 Q-o-Q Y-O-Y 9M22 9M23 Y-o-Y Three-Wheeler Sales (Units) Volume 5,444 24,213 3 Tricycle Sales Volume (Units) 321 321 Motorcycle Sales Volume (Units) 6,383 2,886 3,115 19.1% -51.2% 28,026 8,109 -71.1% Total Sales Volume (Units) 11,827 2,886 3,436 19.1% -70.9% 52,239 8,433 -83.9% Sales Revenue (EGP million) 416.2 101.1 131.4 29.9% -68.4% 1,625.4 303.5 -81.3% GB Corp | Investor Presentation 3Q23 0 15#16° Corp EGYPT COMMERCIAL VEHICLES & CONSTRUCTION EQUIPMENT GB Auto's CV&CE line of business offers a range of commercial vehicle and construction equipment solutions in Egypt, including assembly, distribution, and manufacturing operations. BUSES TRUCKS TRAILERS Ꭴ CONSTRUCTION EQUIPMENT Bus revenues more than doubled y-o-y in 3Q23 due to starting export operations to the Middle East. Truck revenues decreased by 51.3% y-o-y in 3Q23 due to a shortage of supply. Trailer revenues doubled y-o-y on the back of better supply. Construction equipment revenues decreased by 30.4% y-o-y in 3Q23. GB Corp | Investor Presentation 3Q23 16#17Corp ° EGYPT COMMERCIAL VEHICLES & CONSTRUCTION EQUIPMENT 3Q22 2Q23 3Q23 Q-o-Q Y-o-Y 9M22 9M23 Y-o-Y Bus Sales Volume (Units) 68 47 300 216 424 96.3% Truck Sales Volume (Units) 251 37 55 48.6% -78.1% 842 343 -59.3% Trailer Sales Volume (Units) 2 6 81 6 -92.6% Construction Equipment (Units) Sales Volume 16 7 9 28.6% -43.8% 68 29 -57.4% Total Sales Volume (Units) 337 91 370 9.8% 1,207 802 -33.6% Sales Revenue (EGP million) 295.1 214.8 317.5 47.9% 7.6% 1,009.8 848.0 -16.0% GB Corp | Investor Presentation 3Q23 G Marcopolo О О о О 0 О О 0 О О 0 О 0 17#18° Corp EGYPT AFTER-SALES GB Auto operates the largest and fastest-growing network of after-sales services in Egypt, covering Passenger Cars, Motorcycles & Three-Wheelers, and Commercial Vehicles & Construction Equipment. Passenger Cars Revenue from the passenger cars after sales recorded an increase of 9.6% q-o-q and 38.4% y-o-y, reaching EGP 464.6 million in 3Q23. On a YTD basis, revenue increased 47.6% y-o-y reaching EGP 1,269.9 million in 9M23. Motorcycles & Three-Wheelers After sales for motorcycles and three-wheelers saw a slight decline of 1.3% % q-o-q and grew 10.7% y-o-y in 3Q23 to record EGP 83.9 million. On a YTD basis, revenue increased 19.4% y-o-y reaching 246.7 in 9M23. P Commercial Vehicles & Construction Equipment Revenues from the CV&CE after-sales service increase by 27.8% q-o-q and 46.2% y-o-y to EGP 100.6 million in 3Q23. On a YTD basis, revenue increased 36.4% y-o-y to EGP 264.8 million in 9M23. 3Q22 2Q22 3Q23 Q-0-Q Y-o-Y 9M22 9M23 Y-O-Y Egypt After-Sales 5-Year Revenues Progression (all figures in EGP million) Passenger Car AFS Revenue 649.1 (EGP million) 335.8 424.1 464.6 9.6% 38.4% 860.7 1,269.9 47.6% 480.3 374.1 2&3 Wheelers AFS Revenue (EGP million) 306.5 290.9 75.7 85.0 83.9 -1.3% 10.7% 206.6 246.7 19.4% CV&CE AFS Revenue (EGP million) 68.8 Total AFS Egypt Revenue (EGP million) 78.7 100.6 27.8% 46.2% 194.2 264.8 36.4% 480.3 587.8 649.1 10.4% 35.1% 1,261.4 1,781.4 41.2% 3Q19 3Q20 3Q21 3Q22 3Q23 GB Corp | Investor Presentation 3Q23 18#19Corp ° EGYPT AFTER-SALES FACILITIES EGYPT PASSENGER CARS 43 23 Show rooms Service Centers EGYPT 2 & 3 WHEELERS 25 5 Show rooms Service Centers COMMERCIAL VEHICLES 8 Service Centers GB Corp | Investor Presentation 3Q23#20Corp ° EGYPT TIRES Revenue increased by 10.9% y-o-y to reach EGP 459.0 million in 3Q23 on the back of improved pricing strategies and solid demand. On YTD basis, revenue grew 3.7% y-o-y to reach EGP 1,266.1 million in 9M23. Management is confident that demand is healthy to drive the segment's performance as long as adequate supply is secured. Tires in: Egypt LASSA YOKOHAMA TVRES DOUBLECOIN WEST LAKE DOUBLECOIN GOOD YEAR TECHKING GOOD YEAR TIRE SOLUTIONS TIRES PERFORMANCE TIMES GOOD YEAR THUNDERER WEST LAKE SUNFULL PERCHANCE PRES DOUBLECOIN SUNFULL WEST LAKE PERFORMANCE TIMES Passenger car tires LASSA THUNDERER TYRES SUNFULL Light truck tires 3Q22 2Q23 3Q23 Q-o-Q Y-o-Y 9M22 9M23 Y-o-Y Total Sales Revenue (EGP million) 413.9 464.9 459.0 -1.30% 10.9% 1,220.8 1,266.1 3.7% GB Corp | Investor Presentation 3Q23 THUNDERER ECHKING Truck tires TIRE SOLUTIONS MRF WEST LAKE PERFOMANCE THES Off-the-road (OTR) tires Egypt Tires 5-Year Revenue Progression (all figures in EGP million) 459.0 413.9 391.7 330.2 305.6 3Q19 3Q20 3Q21 3Q22 3Q23 20#21Corp ° REGIONAL GB Auto was able to position MG as the leading Chinese car brand in Iraq with the Company on track to achieve record sales of more than 10,000 units during the year. Regional Operations Regional revenue increased 83.8% y-o-y to reach EGP 2,149.4 million in 3Q23. On a YTD basis, regional revenue grew 47.2% to reach EGP 4,938.5 million. Passenger Cars in Iraq Iraq Passenger Cars Volumes grew by 28.8% q-o-q and 142.2% y-o-y to reach 3,616 units in 3Q23 as the company is on track to achieve record sales of more than 10,000 units during the years. As such, revenues increased by 28.4% q-o- q and 279.9% y-o-y in 3Q23. Two- and Three-Wheelers Total Regions Revenue Two and Three Wheelers revenues increased 16.2% q-o-q but declined 45.8% y-o-y in 3Q23. Management is cognizant of the latest regulatory development regarding the ban on importing two and three-wheelers and has already started identifying adequate plans for the future of the company with developments expected to materialize by the beginning of the next year. 3Q22 2Q23 3Q23 Q-0-Q Y-o-Y 9M22 9M23 Y-o-Y (EGP million) 1,169.5 1,733.4 2,149.4 24.0% 83.8% 3,354.6 4,938.5 47.2% Two & Three-Wheelers in Iraq BAJAJ Motorcycles Three-Wheelers GB Corp | Investor Presentation 3Q23 21#22Empty#23Key Ratios for GB Auto (EGP million) 3Q22 4Q22 1Q23 2Q23 3Q23 Net debt/Equity* Units 0.91 0.34 0.36 0.46 0.24 Total Liabilities Less Cash / Equity Units 2.04 1.43 1.29 1.45 1.34 Current Ratio Units 1.01 1.13 1.15 1.14 1.15 Net Debt/EBITDA Units 1.67 0.83 1.04 1.28 0.58 LTM EBITDA / Finance Cost Units Capital Employed ** ROCE *** 3.76 3.85 3.46 3.11 3.15 EGP million 8,522.6 8,177.3 8,726.7 9,870.7 9,863.9 % 24.5% 27.2% 24.0% 22.8% * Net Debt for segments = (short term debt + long term debt + due to related parties - inter-segment + payables related to leasing expenses) - cash and cash equivalents ** Average capital employed for segments at the end of the period = (property, plant and equipment + Intangible assets and goodwill + Investment property + inventories + Trade receivables + Debtors and other debit balance) - (Trade payables + Other current liabilities) *** ROCE for segments = Last twelve months operating profit/ average capital employed at the beginning and end of the period GB Corp | Investor Presentation 3Q23 28.3% 23#24GB Capital 21#25GB Corp | Investor Presentation 3Q23 7,936 3Q22 1,059.2 Corp GB Capital Key Financial Highlights 1,205.7 3Q23 9M22 Financing Portfolio (EGP mn) 5,385 9,455 Revenue (EGP mn) 2,790.3 3,395.2 9M23 3Q22 9M22 FY22 9M22 FY22 9M23 5,656.8 265.1 GB Capital 25% 216.6 EBIT (EGP mn), EBIT % 18% 25% 704.2 3Q23 9M22 9M23 Equity Value (EGP mn) 13,277.6 9M23 25 15,035.4 733.3 22%#26Corp GB Capital is a leading non-bank financial services provider in Egypt and targets further growth through expanding its existing businesses and adding new services. 3Q23 Group Revenue Contribution 13.0% Capital 3Q23 Group Gross Profit Contribution 11.6% Gross Profit Margin: 19.5% Lease & Factoring Established in 2008, GB Lease provides business-to-business lease finance solutions. It is non-exclusive to GB Auto and caters to a diversified client base, ranging from multinationals, local corporates, and SMEs. Focuses on risk diversification by asset class, industry and clients; asset base covers all asset classes, including real estate, automotive and production lines. Portfolio tenor is mostly medium term. Implements prudent risk- management practices for provisions and risk recognition. Leasing Auto Rental Previously known as Haram. Tourism Transport, GB Auto Rental joined GB Capital in late 2012, operating on a quasi- operational lease basis. It is Egypt's premier vehicle fleet-leasing company, serving a select range of top-tier industrial, services private sector companies, multinationals, and financial institutions. Average tenor of the portfolio is three years. Company's service agreements entail vehicle acquisition, registration, maintenance, and insurance that extends to third- party damage and passengers. EGP 252.8 million* 3Q23 Revenue EGP 57.9 million* 3Q23 Revenue Consumer Finance DRIVE FINANCE Drive provides factoring services to a diversified client base, ranging from business- to-business (SMEs) to business-to-consumer (retail), with a focus on the auto finance sector. Operating under a robust credit policy, it maintains a well-developed portfolio, offers medium-term tenors, and focuses on risk diversification by product type, client base, and brands (where auto loans are concerned). فرصة FORSA Unlock your Chances Forsa is an easy-to-use mobile application that uses the BNPL concept for a diverse product range through its innovative platform. Forsa's merchant network reached over 1,000 merchants in more than 5,000 stores at the end of 3Q23. This growth was driven by collaborations with additional brands as well as the inclusion of a broader range of products and services. EGP 891.7 million* 3Q23 Revenue SME-Lending kredit Launched in 2023, Kredit is an FRA-regulated SME lending company, which provides financial solutions to SMEs across all segments in the Egyptian market. Kredit offers exceptional lending and mentoring services allowing SMEs to access vital financial support to achieve growth and sustainability. The Company aims to drive. financial inclusion and support SMEs through a comprehensive suite of SME- focused financial solutions. Kredit disbursed EGP 50 million to kickstart its operations mnt Fintech Halan Egypt's largest and fastest growing non-bank lender to the unbanked offering digital solutions, including lending, BNPL, e-commerce, payments, and on-demand logistics. MNT-Halan serves over 5 million customers, of which 3.5 million are financial clients and over 2 million are borrowers. MNT-Halan expanded its range of digital products by launching a savings product through the Halan app in partnership with Azmiut (AZ Halan fund), where clients receive their interest on a daily basis. MNT-Halan introduced its first physical store "Halan Mart, which covers a wide range of products. MNT-Halan's micro-finance loan books is +25.4% of the Egyptian market *Before intercompany eliminations. GB Corp | Investor Presentation 3Q23 26#27Corp GB Capital's strategy is to benchmark operations against the best in the field, building on strict and robust credit, risk classification and provisioning policies developed for each industry. GB Capital Portfolio Breakdown by Maturity - excluding provisions - 3Q23 < 1 year 30% > 1 year <3 years 39% > 3 years < 6 years 31% GB Capital Portfolio Breakdown by Loan Size - excluding provisions - 3Q23 < EGP 100K 12% > EGP 100K < EGP 500K 21% > EGP 0.5MM < EGP 10 MM 19% > EGP 10MM < EGP 100 MM 23% > EGP 100MM 26% Supplementary Financial Information - GB Capital Portfolio Breakdown by Asset Type - excluding provisions - 3Q23 GB Capital (Excluding MNT-Halan) 9M22 FY22 9M23 Net Portfolio Assets (EGP mn) 7,935.6 5,384.5 9,455.1 Debt/Equity X Automotive 42% Equity/Loan Portfolio % 1.96x 0.44x 40.3% 216.4% 0.48x 159.0% 0 Real Estate 40% Annualized Return on Avg. Equity (ROAE) - Excluding NCI* % 26.8% 20.8% 6.3% Machinery & Equipment 4% Annualized ROAA [Annualized the period EBIT Commercial 6% pre-funding costs after tax / average assets of % 16.3% 73.4% 8.3% Other 8% period] Annualized net interest margin (%) [(interest income - interest expense) for the last quarter X % 9.2% 11.5% 6.5% 4/ average portfolio size for the quarter] Provision for portfolio: Provision (BS) / Loan portfolio % % Provision (BS) / NPL % (Coverage ratio) % NPL/Loan portfolio % % 4.13% 5.34% 108% 105% 3.83% 5.08% 3.65% 99% 3.69% 27 GB Corp | Investor Presentation 3Q23#28GB Capital Income Statement (Before Elimination) (EGP million) Revenue Interest Income 3Q22 2Q23 3Q23 Q-o-Q Y-o-Y 9M22 9M23 Y-o-Y 688.1 780.7 741.7 -5.0% 7.8% 1,867.0 2,274.3 21.8% 371.1 386.0 463.9 20.2% 25.0% 923.2 1,120.9 21.4% Total Revenues 1,059.2 1,166.8 1,205.7 3.3% 13.8% 2,790.3 3,395.2 21.7% Cost of Sales (640.8) (698.5) (659.5) -5.6% 2.9% (1,760.1) (2,040.3) 15.9% Cost of Funds (193.4) (249.2) (321.2) 28.9% 66.1% (473.6) (735.6) 55.3% Total Cost of Revenues (834.2) (947.7) (980.7) 3.5% 17.6% (2,233.7) (2,775.9) 24.3% Gross Profit 225.0 219.1 224.9 2.7% 556.5 619.3 11.3% SG&A (124.1) (196.5) (149.8) -23.8% 20.7% (373.4) (504.6) 35.1% Provisions (14.7) (28.5) (35.7) 25.3% (55.2) (101.3) 83.5% Operating Profit 86.3 (5.9) 39.4 -54.3% 127.9 13.3 -89.6% Other Income 1.9 53.9 4.7 -91.2% 3.9 65.0 Income from associates* 176.9 260.4 172.5 -33.8% -2.5% 572.5 655.1 14.4% EBIT 265.1 308.4 216.6 -29.7% -18.3% 704.2 733.3 4.1% Other Interest & Similar Income (2.5) 11.1 16.2 45.8% (0.9) 32.5 FOREX 6.1 (9.5) (3.6) -62.4% 5.5 (14.4) EBT 268.8 310.0 229.3 -26.0% -14.7% 708.8 751.4 6.0% Income Tax (35.8) (36.3) (27.4) -24.5% -23.4% (77.0) (78.2) 1.5% Profit After Tax & Before NCI 232.9 273.7 201.9 -26.2% -13.3% 631.8 673.2 6.6% NCI** (20.7) (13.0) -37.0% (0.2) (42.0) Net Profit After Tax & NCI 232.9 253.0 188.8 -25.4% -18.9% 631.6 631.2 Breakdown of Revenue By Company GB Lease 210.3 220.8 252.8 14.5% 20.3% 485.9 602.7 24.0% Drive 806.9 892.6 891.7 10.5% 2,192.4 2,631.7 20.0% GB Auto Rental 42.1 52.6 57.9 10.1% 37.5% 111.7 156.5 40.2% Capital Securitization 0.4 0.4 -4.3% 0.3 1.1. Kredit 0.3 3.0 2.9 Total 1,059.2 1,166.8 1,205.7 3.3% 13.8% 2,790.3 3,395.2 21.7% *Includes MNT-Halan, Bedaya and Kaf **Includes 45% of GB Lease GB Corp | Investor Presentation 3Q23 28#29Consolidated Financial Performance#30Corp Income Statement by Segment Corp (EGP million) Revenues Inter-segment revenues Total revenues Cost of sales GB Auto 16,161.7 GB Capital 9M23 3,360.7 Elimination GB Corp 19,522.4 372.9 34.5 (407.4) 16,534.7 3,395.2 (407.4) 19,522.4 (12,445.8) (2,747.7) (15,193.5) Inter-segment cost of sales (372.9) (28.2) 401.1 Total Cost of Sales (12,818.7) (2,775.9) 401.1 (15,193.5) Gross Profit 3,716.0 619.3 (6.3) General, selling and administrative expenses (1,699.2) (504.6) 1.7 Other operating income 214.4 16.0 (6.0) Provisions (Net) 16.0 (101.3) 4,328.9 (2,202.2) 224.4 (85.3) Operating profit 2,247.1 29.3 (10.6) 2,265.8 Finance cost/income Income from associates (840.8) 81.4 6.5 (752.9) 655.1 655.1 FOREX (459.8) (14.4) (474.2) Net profit/(loss) before tax 946.4 751.4 (4.1) 1,693.7 Income tax (257.6) (78.2) (335.7) Net profit/(loss) after tax and before NCI 688.8 673.2 (4.1) 1,358.0 NCI (45.3) (42.0) (87.3) Net profit/(loss) after NCI 643.6 631.2 (4.1) 1,270.7 GB Corp | Investor Presentation 3Q23 30#31GB Corp Balance Sheet by Segment (EGP million) Property Plant & Equipment Intangible Assets & Goodwill Asset Right of Use Investments in Subsidiaries (GB Capital) Notes Receivable Other Debit Balance Intercompany loan Investments Property Deferred Tax Assets Non-Current Assets Asset held for sale Inventories Trade Receivables As at 30 September 2023 GB Auto 5,343.2 GB Capital 483.1 Elimination 14.8 GB Corp 5,841.1 354.0 1.7 355.7 415.5 40.5 (6.4) 449.6 325.0 11,957.4 (1,961.2) 10,321.3 4.0 6,388.2 (204.1) 6,188.1 301.4 301.4 50.0 50.0 90.9 90.9 265.3 265.3 6,797.9 19,222.5 855.0 (2,156.9) 23,863.5 855.0 5,539.9 5.0 5,544.9 2,045.3 2,443.2 (62.7) 4,425.8 Advance Payments to Suppliers 776.9 34.0 Debtors & Other Debit Balance 2,267.0 236.4 Due from Related Parties 280.4 247.8 (14.3) 811.0 2,503.4 513.8 Due from Related Parties - Inter-Segment 571.3 164.0 (735.3) Cash and Cash Equivalents 3,231.6 2,450.1 5,681.7 Current Assets 14,712.4 6,435.5 (812.4) 20,335.5 Total Assets 21,510.3 25,658.0 (2,969.3) 44,199.0 Share Capital 1,087.4 318.0 (319.9) 1,085.5 Share Capital Premium 1,645.5 (1,645.5) Risk Reserve General Reserve Legal Reserves Private Reserve Accumulated Profit (Losses) 401.5. 120.5 4,103.2 224.7 4.2 522.0 4,332.1 20.4 (1,056.2) 13,043.7 11.0 20.4 11,998.5 Net Income (Loss) for The Period. 643.6 631.2 (4.1) 1,270.7 Total Shareholders' Equity Before NCI 6,824.8 14,358.6 (1,954.3) 19,229.2 Total NCI 972.1 676.8 1,648.9 Total Equity 7,796.9 15,035.4 (1,954.3) 20,878.0 Trade Payables 7,107.8 2,606.7 (61.3) 9,653.2 Loans & Overdraft 4,795.2 1,929.7 6,724.8 Due to Related Parties 121.5 12.7 (14.3) 119.9 Due to Related Parties - Inter-Segment 163.4 572.0 (735.3) Provision 308.3 25.6 333.9 Other Current Liabilities 279.1 69.5 348.6 Short term bond 80.0 80.0 Total Current Liabilities 12,775.2 5,296.2 (810.9) 17,260.5 Loans Provision Lease Obligation Trade and Notes Payables 5,040.4 5,040.4 11.7 11.7 246.1 13.2. 259.3 396.6 10.5 (204.1) 203.0 Deferred Tax Liabilities 283.8 42.4 326.2 Bonds Payable 220.0 220.0 Total Non-Current Liabilities 938.1 5,326.4 (204.1) 6,060.5 Total Equity And Liabilities 21,510.3 25,658.0 (2,969.3) 44,199.0#32Key Corporate & Shareholder Information WA - BATER#33Corp GB Corp is focused on the long-term sustainability of the business and its ability to deliver to shareholders. A closer look at our shareholding structure as of 30 September 2023 GB Corp's Shareholding Structure (%) Geographic Distribution of the Free Float (%) GB Corp Stock Performance 250.0 200.0 150.0 100.0 50.0 T וויין יי 0.0 Jan-23 II..1 .J... Feb-23 GB Corp | Investor Presentation 3Q23 36.6% , Ghabbour Family 63.4% Free Float ག་ ག ལ་ ། m་ འ་ Mar-23 w m “T T| | ། ། [T ་ ་ Apr-23 Volume .. il. May-23 Ju..... Jun-23 GB Auto Rebased Jul-23 EGX30 Rebased Egypt 51% Saudi Arabia 22% United States 15% Rest of Europe 10% Rest of World 2% Aug-23 Sep-23 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 Illu 0 33#34Corp Glossary of Commonly Used Terms CKD Completely Knocked Down. These are kits imported from the supplier and assembled in Egypt, using the locally-mandated percentage of domestic parts. CBU Completely Built Up. This refers to vehicles that are imported fully-assembled. LOB Line of Business. LTR Light Truck Radial. OEM Original Equipment Manufacturer. For instance, Hyundai is the OEM of the Hyundai Tuscon. OTR Off-the-road. PCR Passenger Car Radial. TBR Truck and Bus Radial. GB Corp | Investor Presentation 3Q23 0 О о о 0 0 0 О О о о о о O 34 О#35← Corp Thank you INVESTOR RELATIONS Mansour Kabbani Board of Directors Member Mohamed younis Chief Investment Officer Marina Kamal Investor Relations AVP Sarah Maged Investor Relations Communications Manager Shareholder Information Reuters Code: GBCO.CA Bloomberg Code: GBCO.EY Number of Shares Outstanding 1,085,500,000 Direct: +202 3910 0485 Fax: +202 3539 0139 E-mail: [email protected] ir.gb-corporation.com