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Investor Presentaiton

Strong Demographic & Macroeconomic Fundamentals Continued GDP Recovery Post COVID-19 Pandemic 2020 & 2021 Real GDP Growth (%)* Growing Population 2020-2025E Population Annual Growth (%) 6.0 3.1% 2.8% 3.8 3.5 3.3 3.1 3.1 2.9 2.4 2.3% 1.8 2.0% 1.5% 1.2% 0.2% -3.1 -2.7 -2.6 -4.1 -5.4 -5.9 -7.0 Turkey Russia Poland Bahrain S. Africa UAE KSA Qatar 2020 2021 -0.1% -0.1% UAE Kuwait Egypt KSA S.Africa Turkey Qatar Russia Poland Sustained Growth In Non-Oil Economy.... UAE Non-Oil Private Sector PMI in recovery mode post COVID-19 impact. 57 56 56 56 56 54 55 55 55 55 55 56 53 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 50 Separates Expansion from Contraction Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 ...Resulting in a Stable Business Environment UAE ranked 25th on the Global Competitiveness Index (GCI 2019) & ranked 33rd on the 2022 Index of Economic Freedom (1st in the MENA) with a score of 70.2 72.6 76.9 77.6 77.6 77.6 76.2 76.9 70.2 2015 2016 2017 2018 2019 2020 2021 2022 Year Index of Economic Freedom Source: The UAE National Bureau of Statistics, Euromonitor, Bloomberg, World Economic Forum, Emirates NBD, The Heritage Foundation, IMF World Economic Outlook Database, October 2020. *Figures are an estimate. dfm.ae
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