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Investor Presentaiton

Consolidated Results UAE Development International Development Emaar Malls Emaar Hospitality EMAAR International Development - Key Highlights Emaar Misr - Development¹ Key Highlights AED Million EGP Million • Delivered 241 units in Q1'21 Q1 2021 Q1 2020 % Change Q1 2021 Q1 2020 % Change • Property sales grew by 32% to AED 0.8 Bn • Emaar Misr's revenue backlog² was Units Delivered 241 46 424% 241 46 424% AED 13.4 Bn at the end of 31 Mar 2021 Net Sales 800 606 32% 3,420 2,600 32% Revenue 363 58 530% 1,551 247 527% Q1 2021 Revenue Breakup EBITDA 128 (13) (1119%) 546 (54) (1114%) 15% Villas/Townhouses Apartment Margin (%) 35% (22%) (259%) 35% (22%) (259%) Net Profit 124 57 116% 529 246 115% Margin (%) 34% 99% (66%) 34% 99% (66%) Note: In Q1'21 revenue recognition policy of Emaar Egypt has been changed retrospectively from over a period of time to point in time method due to recent contract enforcement trends, legal opinions and industry practice. Accordingly, the comparative numbers have been restated. 85% Emaar Misr Positioned Itself As Local Market Leader Delivering Superior Growth 33 | EMAAR PROPERTIES 1) Emaar Misr for Development is an EGX-listed company developing residential & commercial projects in Egypt. Emaar Misr financial information provided above is based on the updated accounting policies adopted by the Group. Exchange rates used for Mar 2021 is AED 0.2340 per EGP. 2) Sales value of units sold but not yet recognised as revenue under IFRS
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