Investor Presentaiton

Leading Developer, Owner and Operator of Shopping Malls Across Saudi Arabia Headline Figures* 21 Malls Arabian Centres Company (ACC) is the leading developer, owner and operator of shopping malls across Saudi Arabia, with a portfolio of 21 malls. 14% Market Share 1.2 mn sqm GLA ACC's malls are spread across key urban areas throughout the Kingdom, including the top 10 cities covering 60% of the population and with a 14% (1) market share by year-end FY2018. ACC operates some of the most iconic malls in the Kingdom, including Mall of Arabia (Jeddah) and Mall of Dhahran, two of the Company's landmark Super-Regional Malls, and Nakheel Mall (Riyadh). 91.4% Occupancy² Its malls are home to more than 1,100 international, regional and local retail brands, including Zara, Debenhams, Coach, H&M, Virgin Megastores, Panda and IKEA. 7 mn 1Q-FY21 Footfall ACC seeks to continuously enhance its overall tenant mix, which includes dining, entertainment, lifestyle and leisure offerings, maximizing returns on its mall portfolio. Fitch - BB+ Moody's - Ba2 ACC made its debut in international debt capital markets, floating a USD 500 million Sukuk and securing a new USD 1.2 billion Islamic facility. The company was assigned a stable rating by international credit agencies. Revenue SAR 475.9 mn 16.9% y-o-y LFL 22.3% y-o-y EBITDA SAR 392.6mn FFO³ Net Profit SAR 234.4 mn SAR 153.1 mn ▼11.9% y-o-y 21.9% y-o-y 32.5% y-o-y Quarter ended 30 June 2020 (1Q-FY21) unless otherwise stated 223 (1) Source: JLL Market Study (2018) (2) Represents period-end like-for-like occupancy (3) Fund from operations: net profit for the year plus depreciation of investment properties and PP&E and write-off of investment properties, if applicable. Arabian Centres Company • Investor Presentation NAV SAR 16,900.5 mn ▲ 9.1% vs. FY2019 4

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