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Investor Presentaiton

ERC Corporate History 2015 2014 Design Construction 2013 • 2011 Marketing Community Management 2010 2009 • 2008 2007 • 2006 2015 onwards ERC to prepare for work on the Sawari Marina project after having received the TDA's approval to redefine the boundaries of Sahl Hasheesh's Phase II in May 2015 Complete internal finishing of Tawaya project within 12-18 months, SHC's joint project with Palm Hills Developments Concentrate efforts on land sales to sub-developers with demand for plots at all-time high 2014 Company ramps up marketing efforts, looking to capture larger market share as tourism recovers ERC contracted 100% of Jamaran for EGP 100 million to be realized over the following three years 2010-2013 New management augments existing internal structure, taking company to next level in its lifecycle -key support functions included in HR plan Detailed development of community services and utilities reticulation model Third regional five-star hotel begins operations The Old Town receives its first tenant Focus on completing key strategic assets - ERC signs with leading global developer Orascom Development Holding (ODH) to develop the Sawari Marina at Sahl Hasheesh. ODH also takes equity stake in ERC Jamaran villas project launched on sea front land plot First hospital/wellness facility signed on 2007-2009 First regional four-star hotel begins operations 2005 • 2004 • Construction Marketing Sahl Hasheesh community management vision takes shape • 2003 Phase III master planning process begins • 2002 • 2001 2000 • 1999 • 1998 • Design 1997 ERC begins considering additional land holdings to replicate business model 2004 - 2007 Unprecedented sales success based on relationship marketing and private roundtable negotiations 1999 - 2003 Infrastructure work begins with Bechtel as project manager Aggressive marketing to counter tourism industry crash Appreciation of overall financial climate leads to practical and market-leading sales terms and development schedules 1998 First plot sold for USD 37/m² 1996-1997 • Incorporation, concept development and master planning for Phases I and II by RTKL 1996 1995 1995 • Land acquired for first project - "Sahl Hasheesh" - at an average price of USD 1.32/m² 11 Investor Presentation 3Q 2015 ERC Egyptian Resorts Company
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