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Investor Presentaiton

• Financial & Performance Highlights | Logistics Quarter Financials (in USD thousands) Logistics Margins aramex delivery unlimited Q4 2022 Q4 2023 Change Excl FX FY 2022 FY 2023 Change Excl FX Revenue 31,441 30,184 (4%) 0% Revenue 122,477 116,791 (5%) 2% Total Direct Cost 26,349 24,430 (7%) Total Direct Cost 103,682 99,016 (5%) Gross Profit 5,093 5,754 13% 22% Gross Profit 18,795 17,776 (5%) 7% GP% 16% 19% GP% 15% 15% EBIT 1,168 4,638 297% EBIT EBIT% 4% 15% EBIT% 2,491 2% 4,757 91% 4% EBITDA EBITDA% 7,185 23% 10,897 36% 52% EBITDA EBITDA% 26,467 22% 29,465 11% 25% Resilient performance for the Logistics product: Revenue was impacted by foreign exchange translation. Excluding FX, Revenue was stable in Q4 2023 and increased 2% for the full year period. Sequentially, Q4 2023 saw an increase in sales (and margins) compared to Q3 2023, driven by new client wins. Aramex continued to focus on enhancing operational efficiencies and maintained a disciplined approach to cost management. For the full year 2023, Gross Profit declined in line with Revenue and the margin was maintained at a healthy 15%. Q4 2023 Gross Profit increased 13% YoY and the margin improved to 19%. It is worth noting that Logistics benefitted from a one-off settlement which added a further boost to the profitability of this product during Q4 2023. Page 17
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