Investor Presentaiton

Financial & Performance Highlights | International Express Quarter Financials (in USD thousands) Revenue Total Direct Cost Gross Profit GP% Avg. revenue per shipment GP Margin and Commentary aramex delivery unlimited GP Margin Q3 2022 134,490 Q3 2023 Change 139,397 32% 34% 36% 40 32% 31% 32% 4% 30 93,146 89,702 (4%) 20 41,344 31% 49,695 20% 10 36% 0 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Average KPIs per shipment 28.47 Avg. cost per shipment Avg. GP per shipment 28.60 28.73 27.82 . 30 27.02 26.25 25 19.38 19.32 18.31 18.18 18.48 18.49 20 15 2525 • 10.24 8.71 9.09 9.28 9.34 8.07 10 0 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Robust performance given the market environment, with good cost control and strong GP. We had a positive impact in Q3 2023 costs which we do not believe will recur in future quarters, and therefore we expect the GP margin to return to the prior quarter levels. Excluding the one-off impact, GP margin was 33%. The increase in revenue per shipment was due to 1) MyUS impact and 2) rate increases which was partially offset by the declines primarily associated with 1) the change in customer mix and 2) the drop in surcharges (C19 and fuel) and COD business (cash on delivery). Shipment KPIs for the organic business show improvement QoQ. Page 12

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