Investor Presentaiton

Egypt Tires Despite a y-o-y decline of 17.1% in revenues in 1Q20, the LoB witnessed an increase in profitability, with gross profit up by 31.4%. Management is fully aware of the reduction in market size considering the Covid-19 situation but is also optimistic that the LoB can continue to grow market share with the current portfolio. ALASSA TYRES YOKOHAMA GALAXY APPLICATION SPECIFIC, PURPOSE BUILT. Tires in: Egypt WEST LAKE® PERFORMANCE TIRES VERDE. DOUBLESTAR Passenger car tires Light truck tires Truck tires DOUBLECOIN TIRES TECHKING TIRE SOLUTIONS THUNDERER Off-the-road (OTR) tires Revenues declined by 17.1% y-o-y to LE 237.9 million in 1Q20, compared to LE 287.0 million in 1Q19. The LoB witnessed a 31.4% y-o-y increase in gross profits, settling in at LE 57.8 million in 1Q20, with GPM rising by 9.0 percentage points to 24.3%. Management is consistently scouting for new tire representations, leveraging its growing distribution network for commercial tires. Egypt Tires 5-Year Revenues Progression (all figures in LE million) Egypt Tires Summary Performance 1Q19 1Q20 % Change Total Sales Revenues (LE million) 287.0 237.9 -17.1% Total Gross Profit (LE million) 100.9 91.1 44.0 57.8 31.4% Gross Margin 179.7 287.0 237.9 (%) 1Q16 1Q17 1Q18 1Q19 1Q20 15.3% 24.3% 9.0 INVESTOR PRESENTATION | FIRST QUARTER 2020 19

View entire presentation