#1ALDAR INVESTOR PRESENTATION FY2021 8 MARCH 2022#2AGENDA 1 Aldar Value Proposition 2 FY 2021 Results Summary 3 Aldar Development 4 Aldar Investment 5 Appendix INVESTOR PRESENTATION FY2021 ALDAR#3in ALDAR VALUE PROPOSITION ALDAR -INVESTOR PRESENTATION FY2021#4LEADING REGIONAL REAL ESTATE PLAY POISED FOR GROWTH SAFE HARBOUR BENEFITING FROM MARKET TAILWINDS ✓ ✓ INVESTMENT HIGHLIGHTS Abu Dhabi master developer of iconic destinations with proven delivery and sales track-record and leading share in off-plan residential sales: +80% mkt share¹ Well-positioned strategic landbank across prime locations in Abu Dhabi: +65m sqm owned landbank Irreplicable institutional-class investment portfolio supporting a growing, recurring revenue base: AuM of AED +21bn ✓ Strategic delivery partner for the government of Abu Dhabi on social infrastructure projects: AED 41.1bn Projects backlog Transparent and consistent policies on leverage and dividend pay-out, supporting prudent capital allocation and visibility on shareholder returns: 2012-2021 dividend CAGR: 11% Experienced and established management team with demonstrated performance record ✓ Top-rated real estate company across DFM and ADX (ESG Invest) as of 20202 Note: 1. Aldar estimate for primary residential sales in designated Investment Zones in Abu Dhabi. 2. 2021 rating pending. INVESTOR PRESENTATION FY2021 ALDAR#5KEY VALUE DRIVERS LEADING ABU DHABI PROPERTY COMPANY WITH DIVERSIFIED BUSINESS MODEL COMPRISED OF TWO CORE BUSINESSES: MARKET LEADING FRANCHISES ACROSS ASSET MANAGEMENT (ALDAR INVESTMENT) AND HOMEBUILDING (ALDAR DEVELOPMENT) Ա Mkt Cap: AED 35bn / US$ 9.5bn¹ Credit rating: Baa2 (Parent) / Baa1 (AIP)² ALDAR ALDAR ALDAR in ALDAR ALDAR INVESTMENT Region's largest diversified and most efficient platform for real estate ownership LOWEST COST OF CAPITAL Leading asset manager with track-record of successful capital deployment / allocation CREDIBLE GROWTH Established and transparent dividend and leverage policies TRANSPARENCY Rigorous capital allocation policies and processes SUSTAINABLE & DISCIPLINED GROWTH ALDAR DEVELOPMENT I Leading primary residential market share of +80% Best land bank with sizeable opportunity for new destination growth ESTABLISHED MOAT Growing Projects business built on active privatization-oriented, well-funded government SIGNIFICANT RUNWAY Growing contributions from Education and Principal Investments businesses ENHANCING VALUE Note: 1. As of close on 4 March 2022. 2. Moody's credit rating for Aldar Investment Properties LLC - issuer of US$ 1bn of Islamic bonds maturing in 2025 and 2029. -INVESTOR PRESENTATION FY2021 Growing international presence on the back of platform acquisitions GROWTH MARKETS#6TRACK RECORD OF GROWTH DEMONSTRATED TRACK-RECORD OF GROWTH THROUGH ACQUISITIONS Share Price Performance (Rebase Dec 14 = 1) 2 1.8 1.6 1.4 1.2 1 1 0.8 0.6 Sorouh Places that matter 2013-2014 Post-merger with Sorouh to establish multi-asset class portfolio -Aldar MSCI UAE ETF داوار ALDAR SEP 2018 AED 20bn Aldar Investment Properties created (Moody's: Baa1) ALDAR JAN 2021 Launch of Aldar's new Operating Model SODIC DEC 2021 AED 1.5bn acquisition of Egypt developer SODIC 5 любой 7 TDIC 0.4 MAY 2018 AED 3.6bn 0.2 acquisition of TDIC assets AQ القابضة 2 3 OCT 2020 AED 40bn capital projects signed with ADQ APOLLO FEB 2022 US$1.4bn investment by Apollo 0 Dec-14 Jul-15 Feb-16 Sep-16 Apr-17 Nov-17 Jun-18 Jan-19 Aug-19 Mar-20 Oct-20 May-21 Dec-21 INVESTOR PRESENTATION FY2021. ៥ ALDAR#7ROBUST GROUP BALANCE SHEET SUPPORTING GROWTH HIGHEST NON-GRE / CORPORATE CREDIT RATING OF BAA1 (ALDAR INVESTMENT PROPERTIES) WITH ONE OF THE LOWEST COSTS OF CAPITAL ៥ ALDAR AED bn Debt FY 2021 8.4 Cash 8.9 Equity 27.7 Total Assets 49.5 Debt and Facilities Breakdown 3.7 4.7 4.7 ■ Sukuk ■ Facilities drawn Facilities undrawn Debt Maturity Profile Key Ratios Debt/Equity FY 2021 AED bn ■Sukuk 0.3x ■Term loans available Term loans drawn ■RCF drawn 4.0 RCF available Debt Total Assets 0.2x 3.0 EBITDA / Interest 10.5× 2.7 0.9 2.0 Credit Rating Baa 2 (Aldar) Baa1 (AIP) 1.0 1.0 1.9 1.8 1.8 0.4 0.8 0.6 0.5 0.0 0.1 0.3 0.3 2022 2023 2024 2025 2026 2027 2028 2029 INVESTOR PRESENTATION FY2021.#8I ALDAR GROWTH AGENDA WELL-FUNDED AND LIQUID BALANCE SHEET WITH FURTHER GROWTH CAPITAL FROM APOLLO TO FUND WAVE OF DEPLOYMENT DEVELOPMENT Structural increase in development sales Growth of Projects fee stream • Geographic diversification (Egypt, UAE) INVESTMENT Capital deployment for asset and geographic diversification - Logistics/warehouses - Expansion beyond Abu Dhabi and UAE Scale Education and Principal Investments ENABLERS Sustainability / ESG INVESTOR PRESENTATION FY2021 if ALDAR Operational Excellence People Customer Centricity Innovation Digital Transformation I I I#9៥ FY 2021 RESULTS SUMMARY ALDAR INVESTOR PRESENTATION FY2021- AAAAA AYAYAYAYV#10FY2021 - KEY HIGHLIGHTS Excellent Group performance in FY 2021 across all businesses... • Group net profit +20% y-o-y • · ៥ ALDAR Strong balance sheet with AED 5.4bn of free & subsidiary cash and AED 4.7bn of undrawn committed facilities Dividend recommendation of 15 fils (+3.4% VS 2020) in-line with existing dividend policy • Entering phase of significant capital deployment • Development sales ahead of guidance at AED 7.2bn - Sales backlog of AED 6.0bn Strong ramp-up of Projects segment, with gross profit +105% y-o-y - Projects backlog of AED 41.1bn • Acquisition of SODIC completed on 16 December 2021 (Aldar interest of 59.9%) - full consolidation of SODIC in Aldar's FY2021 financial statements and going forward ...led by record Development performance... • • FY2021 Investment NOI +11% y-o-y (l-f-I NOI +5%)¹ ...and supported by growth in Retail and recovering H&L segment • • Retail NOI +4% y-o-y mainly due to higher occupancy at Yas Mall (97% occupancy) and Mamsha Al Saadiyat retail H&L EBITDA +126% y-o-y with strong Q4 driven by Formula One and the holiday season Education EBITDA +42% y-o-y and Principal Investments (ex Pivot) EBITDA +62%² y-o-y L-f-l adjusted for certain costs re-classification in 2021. Note: 1. 2. L-f-l excluding cooling. -INVESTOR PRESENTATION FY2021 10 10#11GROUP FINANCIAL HIGHLIGHTS ៥ ALDAR AED mn Q4 2021 Q4 2020 Var (%) FY 2021 FY 2020 Var (%) Revenue 2,256 2,534 (11)% 8,576 8,392 +2% Gross Profit 1,166 873 +34% 3,600 2,983 +21% Margin % 52% 34% +52% 42% 36% +17% EBITDA 908 856 +6% 2,801 2,443 +15% Margin % 40% 34% 18% 33% 29% +14% Net profit 795 729 +9% 2,333 1,932 +21% Margin % 35% 29% +21% 27% 23% +18% EPS (AED) 0.295 0.246 +20% INVESTOR PRESENTATION FY2021. 11#12COMMITMENT TO SHAREHOLDERS ៥ ALDAR BOARD RECOMMENDS FY 2021 DIVIDEND OF 15 FILS PER SHARE IN-LINE WITH EXISTING DIVIDEND POLICY AND ALLOWING FOR DEPLOYMENT TOWARDS GROWTH SHAREHOLDER RETURNS DIVIDEND POLICY • 1-yr and 3-yr Total Shareholder Returns 1 of 20% and 187%, respectively • 11% dividend CAGR growth between 2012-2021 Policy Pay-out factor Range Sustainable Dividend 11% CAGR (2012-2021) Methodology / key drivers Investment Distributable free cash flow 65-80% Net operating income Less: Interest expense, Maintenance capex, Overheads Development Realized profit 20-40% Upon completion and handover of developments 14.0 14.5 14.5 15.0 12.0 65% 11.0 10.0 9.0 2021 dividend: Payout (%) 7.0 6.0 80% 20% 40% 65% 80% 20% 40% 2020 dividend: Payout (%) 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Note: 1. As of close on 2 March 2022. INVESTOR PRESENTATION FY2021. 12#13BALANCE SHEET ROBUST BALANCE SHEET POSITION SUPPORTED BY PRUDENT CAPITAL MANAGEMENT AND GOVERNANCE ALDAR BALANCE SHEET AED millions ASSETS Property, plant & equipment Investment properties LEVERAGE Aldar Investment Aldar Development 31 Dec 2021 31 Dec 2020 Outstanding Debt (AED bn) Sukuk: 3.7bn Bank: 3.5bn Bank: 1.2bn (o/w SODIC: 596m) (as at 31-Dec-21) 3,558 2,962 18,026 16,463 LTV1,2 38.5% 15.2% (as at 31-Dec-21) LHS, DWIP & inventories 10,671 8,401 Investment in associates & JVs 108 124 Leverage Policy <40% <25% Receivables & other assets 8,323 6,786 Cost of debt Cash 8,857 5,498 Avg. maturity 3.27% (Aldar 2.81%) 4.02 yrs (Aldar 4.08 yrs) Total Assets 49,543 40,233 EQUITY & LIABILITIES AED 5.4bn free & subsidiary cash Liquidity ■ AED 4.7bn committed undrawn bank facilities Equity 27,637 25,702 Debt 8,377 8,005 Payables, advances & other liabilities 13,529 6,526 Baa1 stable (Moody's) Total Equity & Liabilities 49,543 40,233 AIP Credit Rating Issuer of US$ 1bn of Islamic bonds maturing in 2025 and 2029 Note: 1. Gross debt. 2. Includes SODIC. INVESTOR PRESENTATION FY2021. 13#14ALDAR DEVELOPMENT INVESTOR PRESENTATION FY2021 ៥ ALDAR 14#15ALDAR DEVELOPMENT FY 2021 FINANCIAL PERFORMANCE AED mn FY 2021 FY 2020 Var (%) 7,247 3,617 +100% Development sales Development revenue 5,033 4,962 +1% Property Development & 3,645 3,700 Sales (1)% Project Mgmt Services 1,388 1,262 +10% Development gross 1,820 1,404 +30% profit Property Development & 1,380 1,191 +16% Sales Project Mgmt. Services 440 214 +105% Gross profit margin 36% 28% +28% Revenue backlog 5,970 3,469 +72% . • Key Highlights Property Development & Sales Highest-ever sales of AED 7.2bn supported by broadening customer profile, notably overseas & resident expat customer segment Yas Island remained focus for new launches ៥ ALDAR • FY2021 P&L impact from SODIC is nil (acquisition completed on 16 December 2021) Project Management Services • Projects backlog of AED 41.1bn Significant Project ramp-up during the year, supporting overall development segment margins INVESTOR PRESENTATION FY2021. 15#16ALDAR INVESTMENT INVESTOR PRESENTATION FY2021 ៥ ALDAR 16#17ALDAR INVESTMENT FY 2021 FINANCIAL PERFORMANCE ALDAR AED mn FY 2021 FY 2020 Recurring revenue² 3,284 3,089 Var (%) +6% Key Highlights Investment Properties Investment Properties¹ 1,690 1,643 +3% . Hospitality & Leisure 433 418 +4% Retail: FY 21 NOI +4% YoY, mainly due to strong leasing at Yas Mall and Mamsha Al Saadiyat retail . Education 536 484 +11% Occupancy of 93% (vs. 83% 2020) Principal investment² • 625 539 +16% Net operating income² 1,724 1,556 +11% +5%7 • I Investment Properties - NO I¹ 1,295 1,315 -2% • Hospitality & Leisure - EBITDA 77 34 +126% + I Education EBITDA 146 102 +42% . I Principal Investment2 - EBITDA Residential: FY 21 NOI -2% YoY, mainly due to programmatic strata unit sales and expiry of Khalidiya Village leasehold Occupancy of 93% (vs. 87% 2020), strong leasing at Bridges Commercial: FY 21 NOI -7% YoY due to reduction in revenue in Operative Villages and a one-off income recognised in 2020 Occupancy of 93% (vs. 89% 2020), strong leasing at International Towers and Aldar's flagship HQ building (increased Govt/GRE) 58 36 +62%9 NOI margin - IP1 77% 80% (4)% Occupancy³ 93% 88% +5% • Gross asset value (GAV) 4 17,465 15,912 +10% Portfolio WAULT (yrs) 3.6 3.7 (3)% • Residential bulk leases 5 57% 53% +7% . Govt./GRE comm. leases6 66% 63% +5% Others H&L: FY 21 EBITDA +126% YoY. Strong growth in Q4 driven by Formula One event and holiday season Education: FY 21 EBITDA +42% YoY driven by increase in enrolments (26,000 pupils, highest since inception) Principal Investments: FY 21 EBITDA +62% YoY8 (excluding Pivot), mainly driven by significant increase in new Provis contracts Notes: 1. Includes retail, residential, commercial 2. NOI for all segments (excluding Pivot). 3. 4. Blended trading occupancy for retail, residential and commercial segments (weighted by GLA). Gross Asset Value of completed investment properties (retail, residential and commercial) including SODIC. Excl. UAE IPUD of AED 561m and PP&E. -INVESTOR PRESENTATION FY2021. 6 7 8 9 5. 6. Residential bulk leases as a percentage of total residential units in portfolio. Govt./GRE commercial leases as a percentage of total GLA. 7. 8. +5% is like-for-like variance adjusted for costs re-classification in 2021. L-f-l excluding cooling. 9. NOI for IP and EBITDA for operating segments. 17#18INVESTMENT PROPERTIES OVERVIEW1 COMMERCIAL RESIDENTIAL RETAIL ياس مول YASMALL • Aldar has developed and acquired a predominantly Grade A commercial office portfolio leased to top-tier local and international tenants Aldar Investment owns a significant residential portfolio of around 7,300 units across Abu Dhabi, which are leased to a mix of individual and corporate tenants • retail footprint within Abu Dhabi of Aldar has developed a substantial regional malls as well as community focused retail destinations located around its residential developments No of properties 15 Leasable area Occupancy 318,866 sqm 93% WAULTS (yrs) 3.4 2021 Revenue AED 470m 2021 NOI AED 396m GAV AED 3,247m Key Assets HQ International Tower Etihad Commercial Baniyas Towers Note: 1. UAE only (excluding IPUD of AED 561m and PP&E). INVESTOR PRESENTATION FY2021 12 851,568 sqm 93% 3.4 AED 576m AED 460m AED 5,697m Gate & Arc Al Rayyana Etihad Residential The Bridges 34 491,274 sqm 93% 4.0 AED 644m AED 438m AED 7,589m Yas Mall Jimi Mall Remal Mall Etihad Retail Retail 46% Retail 33% FY 2021 ៥ ALDAR Commercial 20% AuM: AED 16.5bn Residential 34% Commercial 31% NOI: AED 1,295m Residential 36% 18#19HOSPITALITY & LEISURE BROAD RESILIENT PORTFOLIO MAKE UP HOTELS GOLFS The hotel portfolio consists of assets from 3 to 5 star, in addition to hotel apartments AED m Revenue • Key assets: W Yas Island Radisson Blu Crowne Plaza Rotana Anantara Eastern Mangroves The golf portfolio features one of the world's top 50 golf course (Yas Links) • Key assets: Yas Links Golf Club Saadiyat Beach Golf Club Yas Acres Golf and Country Club (opened on 24 Nov. 2021) FY 2021 443 EBITDA 77 EBITDA Margin 18% Occupancy 55% ADR LEISURE INVESTOR PRESENTATION FY2021 The leisure portfolio includes marina and beach/beach club facilities on prime beach front locations Key assets: Saadiyat Beach Club Yas Beach Club (leased) Eastern Mangroves Marina Marsa al Bateen Marina Al Bandar Marina Golfs 10% FY 2021 Leisure 12% REVENUE: AED 433m 402 Hotels 78% ៥ ALDAR#20ALDAR EDUCATION - Leading operator and provider of private education in Abu Dhabi with the largest network of schools, delivering English and American curriculums adapted for the UAE Operates 4 ADNOC schools, 7 charter schools in addition to 8 Aldar Academies schools (incl. Cranleigh) and a nursery ■ Reported a 42% increase in full-year EBITDA to AED 146 million Fast growing student enrolments driving 2018-2021 revenue Over AED 1 billion committed to investments to diversify its portfolio of schools and increase the number of students to more than 40,000 by the 2024-2025 academic year. 20 SCHOOLS INVESTOR PRESENTATION FY2021. 26k+ STUDENTS ACROSS OUR NETWORK OF SCHOOLS EBITDA margin (%) 484 (AED m) 21% 27% 536 1. I. 103 146 2020 ■Revenue EBITDA 2021 ៥ ALDAR 20 20#21PRINCIPAL INVESTMENTS1 Provis intends to reach AED 1 billion in revenue through ensuring a market leading position in each service segment Aldar's real estate services arm is comprised of Khidmah, a facilities management business and Provis a property management business Provis undertakes sales and leasing, property management, consultancy services and valuation advisory amongst others - manages more than c. 50k residential units; 317k sqm of commercial assets and over 490k sqm of retail GLA Khidmah is a full-service facility management solutions provider focused on domestic, commercial and retail facility management solutions with over 3,200 team members across the UAE and KSA Note: 1. Provis & Khidmah (excludes Pivot). INVESTOR PRESENTATION FY2021 EBITDA margin 16% (%) (AED m) 112 بروفيس PROVIS خدمة KHIDMAH 15% 6% 6% 363 259 340 38 18 19 2020 2021 ■Revenue EBITDA 2020 ■Revenue 2021 ■ EBITDA 21 ៥ ALDAR 21 24#22APPENDIX INVESTOR PRESENTATION FY2021- ៥ ALDAR 22#23SEGMENTAL BREAKDOWN - Q4 2021 vs. Q4 2020 & Q3 20211 REVENUE (AEDM) 1,071 963 905 435 423 421 528 352 279 184 160 136 134 82 133 171 146 156 Investment Properties Hospitality & Leisure Education Principal Investments 1 Property Development & Sales Project Management Services 311 329 337 77 60 (1) Investment Properties Hospitality & Leisure ■ Q4 2021 ■ Q4 2020 Q3 2021 GROSS PROFIT (AEDM) 83 79 41 35 42 21 Education 441 303 323 115 97 127 Principal Investments¹ Property Development & Sales Project Management Services ■ Q4 2021 ■ Q4 2020 ■ Q3 2021 Notes: 1. Excluding Pivot. Pivot Q3 2021 revenue of AED 78m and gross profit of AED 4m; Q3 2020 revenue of AED 66m and gross loss of AED 1m; Q2 2021 revenue of AED 96m and gross profit of AED 5m. INVESTOR PRESENTATION FY2021. ALDAR 23#24SEGMENTAL BREAKDOWN - FY 2021 vs. FY 20201 REVENUE (AEDM) 3,645 3,700 1,690 1,643 433 418 1,388 1,262 536 484 625 539 Investment Properties Hospitality & Leisure Education ■FY 2021 Principal Investments¹ FY 2020 Property Development & Sales Project Management Services 1,295 1,315 84 36 Investment Properties Hospitality & Leisure GROSS PROFIT (AEDM) 207 115 Education ■FY 2021 1,380 1,191 440 214 138 93 Principal Investments¹ Property Development & Sales Project Management Services ■FY 2020 Notes: 1. Excluding Pivot. Pivot FY 2021 revenue of AED 277m and gross profit of AED 13m; FY 2020 revenue of AED 330m and gross profit of AED 6m. INVESTOR PRESENTATION FY2021 ៥ ALDAR 24#25LAND BANK VALUE DEVELOPMENT - CREATION OF CITY SCALE DESTINATIONS زار ALDAR ALDAR HAS A LARGE AND HIGHLY VALUE ACCRETIVE LAND BANK WHICH IS MONETIZED THROUGH DESTINATION MASTER PLANNING / DEVELOPMENT AND ONGOING INVESTMENT KEY CURRENT DESTINATIONS INCLUDE YAS AND SAADIYAT AND FUTURE DESTINATIONS INCLUDE MINA ZAYED AND SEIH SEDIRAH DESTINATIONS GFA 2.4MN SQM 3.9MN SQM 1.5MN SQM 50.000-50,000 HOUSING 20,000-25,000 1.6MN SQM 1MN SQM SAADIYAT ISLAND Updated Master Plan; . Government cultural investments . Early activations • Infrastructure & Utilities Residential focus with retail, commercial and hospitality The Grove Saadiyat Living Mamsha next phase INVESTOR PRESENTATION FY2021- MINA ZAYED YAS ISLAND New Master Plan for North Yas Government entertainment investments Infrastructure Upgrades New Masterplan; Early activation of Mina Souk District oversight and coordination SEIH SEDIRAH New Master Plan Seih Sedirah, The Big Farm Sustainable circular economy SHAMS AD AL REEMAN Updated Master Plan Responding to changing customers needs • Residential focus Noya next phases Waters Edge next phase Acres next phases Differentiated communities offer Residential focus mixed-use The Marina Residential with wide complimentary land use mix Driving jobs, education and research, alternative energy food production and manufacturing Shams Living Reeman Living The Rocks On the Park 25#26DEVELOPMENT PROJECT PIPELINE ៥ ALDAR Total as at 31 Dec 21 Project Location Launch date Net Sales value Project Status Sold units Units launched % sold % completion (AEDm) Ansam Yas Island 2014 547 960 547 100.0% 100% Handed over Hadeel Al Raha Beach 2014 233 482 233 100.0% 100% Handed over Nareel Abu Dhabi Island 2015 161 1,503 161 100.0% 100% Handed over Merief Khalifa City 2015 286 675 286 100.0% 100% Handed over Jawaher Saadiyat Island 2016 83 760 83 100.0% 100% Handed over Lea Yas Island 2019 238 482 238 100.0% 100% Handed over Meera Reem Island 2015 407 519 408 99.8% 100% Handed over Mamsha Saadiyat Island 2016 431 1,762 461 93.5% 100% Handed over Mayan Yas Acres The Bridges Yas Island 2015 336 603 512 65.6% 100% Handed over Yas Island 2016 649 2,425 652 99.5% 100% Handed over Reem Island 2017 629 655 636 98.9% 100% Handed over Water's Edge Yas Island 2017 2064 2,224 2262 91.2% 100% On handover Reflection Alghadeer Al Reeman Reem Island 2018 164 175 192 85.4% 100% Handed over Seih Sdeirah 2018 539 412 707 76.2% 100% Handed over Al Shamka 2019 920 1,507 1015 90.6% 77% under construction Al Reeman || Al Shamka 2019 558 595 558 100.0% 51% under construction Reserve Noya Noya Viva Noya Luma Saadiyat Island 2019 223 518 224 99.6% 64% under construction Yas Island 2020 509 965 510 99.8% 12% under construction Yas Island 2021 475 997 479 99.2% works in initial stages. under construction Yas Island 2021 189 563 189 100.0% works in initial stages under construction S. Reserve Villas Saadiyat Island 2021 82 604 83 98.8% Launched under construction Al Gurm Ph2 Al Gurm 2021 68 722 71 95.8% Yas Acres-Magnolias Yas Island 2021 278 1,065 312 89.1% Launched Launched under construction Yas Acres-Dhalias Yas Island 2021 86 359 120 71.7% Launched under construction under construction Aldar developments (ex handed over) 8,607 16,670 9,391 91.7% West Yas Yas Island 2015 960 4,400 1007 95.3% Handed over West Yas plots Yas Island 2018 203 681 203 100.0% Handed over Total developments 9,770 21,751 10,601 92.2% INVESTOR PRESENTATION FY2021- 26#27KEY SUSTAINABILITY UPDATES Aldar was assessed by Sustainalytics as being at low risk of experiencing material financial impacts from ESG factors, ranking 9/104 companies in the diversified real estate industry. Aldar also ranked in the top-quartile of real estate companies globally, achieving a score of 58 on the Dow Jones Sustainability Index, a 52% increase compared to our previous 2020 score of 28 Aldar has reclassified its commitment from Carbon Neutrality to Net Zero, in line with the UAE's commitment to become a Net Zero country by 2050. Aldar remains committed to launch a clear Net Zero Action Plan in 2022 Energy Management Project update: Based on the completion of the level-III audits by the shortlisted partners, Aldar has signed five-year Energy Performance Contracts with four ESCOs. The project aims to reduce Aldar's carbon emissions by 80,000 tons, electricity consumption by 110 GWh In 2021, Aldar has rolled out a new Data Management System that will streamline data collection, performance tracking, and reporting across the Aldar Group Implemented the first solar hybrid power plant, which contributes to reducing the construction offices energy consumption related emissions by 25% ESG Ratings S&P Dow Jones Indices SUSTAINALYTICS زار ALDAR Aligned with National and Global Frameworks ◉ Global Reporting Initiative A Division of S&P Global 2021:58 2020: 38 2021: 16.4 (low risk) 2020: 22.45 (medium) ESG Invest By SUSTAINABILITY EXCELLENCE 2020:53 INVESTOR PRESENTATION FY2021 MSCI 2019: 23 1 2021: BB (average) 2020: BB (average) ☐ ☐ UN Sustainability Development Goals (SDGs) United Nations Global Compact: Aldar recently joined the UNGC, the world's largest corporate sustainability initiative. Aldar become a TCFD supporter - Task Force on Climate Related Financial Disclosures ■ Abu Dhabi Economic Vision 2030 ◉ UAE Vision 2021 UAE Green Agenda 2015-2020 Year-on-year ESG rating improvement by every agency 27#28UAE POLICY REFORMS AND ENERGY STRATEGY العربية المتا FEDERAL ANNOUNCEMENTS Rapid rollout of a major vaccination campaign underpin economic recovery. As of February 2022, the UAE has administered 23.9 million total doses. 100% the population had taken their first vaccine dose while 95.21% are fully vaccinated. Implementation of Targeted Economic Support Scheme (TESS) to support individuals and businesses affected by the pandemic. In April 2021, the UAE Central Bank extended some stimulus measures until mid-2022. Changes to federal laws related to areas such as marriage, divorce, inheritance, alcohol consumption, equal pay, labor, and protection of women's rights reflects progressive measures to improve living standards, further supporting the UAE's and Abu Dhabi's attractiveness as a lifestyle, business, and tourism destination. ■ Introduction of reforms that promote gender equality including the law to ensure private sector wages are determined by market standards and not gender, and the law requiring listed companies in the UAE to have at least one woman on their board of directors. Reforms on foreign ownership and investment allowing foreign investors 100% ownership of limited liabilities companies (LLCs) without requiring an Emirati sponsor Expansion of Golden 10-year visa programme and amendments to citizenship law Launch of a new industrial strategy "Operation 300bn", a 10-year strategy that aims to grow the industrial sector, increasing its contribution to the GDP from the current AED 133 bn to AED 300 bn by 2031. Reduction of business setup and license renewal fees for Abu Dhabi private sector. Launch of Future Partnerships, an initiative that engages leading private sector firms to actively participate in shaping the future of the UAE. ■ Launch of 'Projects of the 50', a series of developmental and economic projects that aim to accelerate the UAE's development and transform it into a comprehensive hub in all sectors and establish its status as an ideal destination for talents and investors. Announcement of '10 Principles' for all UAE institutions to build a sustainable economy and foster positive regional and global relations. ■ The UAE established the National Human Rights Institution (NHRI) to promote the effective implementation of human rights standards in the UAE ■ The UAE moved its weekend to Saturday and Sunday to strengthen UAE's economic competitiveness globally and consolidate its status as a regional and international business hub. ■ The UAE government introduced federal corporate income tax which applies to all businesses and commercial activities ■ The UAE announced the UAE Net-Zero by 2050 Strategic Initiative to underpin dynamic economic growth alongside positive environmental impact. INVESTOR PRESENTATION FY2021. dqual Energy industry plans أدنوك ADNOC ៥ ALDAR ADNOC will continue to deliver on its 2030 strategy, including its value maximization intiatives, as it drives profitability and sustainable returns for the UAE. The Supreme Petroleum Council (SPC) approved ADNOC's capital expenditure (CAPEX) plan of AED 448 bn for 2021-2025. As part of this plan, ADNOC aims to drive over AED 160 billion back into the UAE economy in the next 5 years ■ The SPC announced the discovery of 22 billion stock tank barrels (STB) of recoverable ADNOC's ICV program has driven more than AED 76 billion back into the UAE economy and created over 2,000 private-sector jobs for UAE nationals since it was launched in 2018 ADNOC joined the Hydrogen Council, an international organization whose member businesses strive to advance the worldwide position of hydrogen. ■ ADNOC raised USD 2.7 billion by monetising future rents from non-core real estate assets in a transaction with US-based Apollo Global Management. ADNOC invested USD 6 bn (AED 22 bn) to enable drilling growth as it boosts its crude oil production capacity to 5 mn barrels per day (mmbpd) by 2030 and drives gas self-sufficiency for the United Arab Emirates. ■ ADNOC announced the discovery of natural gas resources offshore of the Emirate of Abu Dhabi in February 2022. ■ ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) announced a USD 3.6 billion strategic project to significantly decarbonize ADNOC's offshore production operations in December 2021. 28#29CONTACT US For any further enquiries please contact: Samar Khan Head of Investor Relations Tel: +971 (0)2 810 5624 Email: [email protected] Basma Alm heiri Investor Relations Tel: +971 (0)2 810 5992 Email: [email protected] INVESTOR PRESENTATION FY2021. in ALDAR 29#30THANK YOU INVESTOR PRESENTATION FY2021 in ALDAR 30