Delivering Robust Growth

• UAE Retail Strategy: Adopt Low-Risk Model For Future Expansions Operate As Pure Rental Income Play Projects under Emaar Pure Rental Income Play • Focus on rental income growth and cash flow generation Project Name GLA ('000 sq.ft.) Expected Opening Minimal Development Risk TDM Boulevard Expansion C. 110 H1 2023 • Execute extensions & renovations at existing retail assets • Selectively add new community centres in Emaar master developments Projects under JV New Expansions Project Name GLA ('000 sq.ft.) Expected Opening • New retail assets to be developed by Emaar (independently or through Joint Ventures) Dubai Expo Mall1 c. 385 Q1 2024 • Acquire and/or operate third-party malls in Dubai & GCC region 22 EMAAR 1) Being developed under joint ventures by Emaar Properties with a JV partner

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