Investor Presentaiton

Global Economic Environment Fuel Price USD per Barrel 123 117 113 112 105 100 97 93 90 91 87 84 81 81 75 73 74 74 71 69 65 65 62 55 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2021 2022 Volatility of global fuel prices 84 81 79 77 76 72 69 67 USD - KES 89 88 86 85 126 118 110 106 103 101 101-102 99 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Appreciation of USD against KES R Kenya Airways The Duke of A

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