Investor Presentaiton

Financial & Performance Highlights | Freight Forwarding Financials Quarter Financials (in USD thousands) Full Year Financials (in USD thousands) aramex delivery unlimited Q4 2022 Revenue 114,715 104,535 Q4 2023 Change (9%) Excl. FX FY 2022 FY 2023 Change Excl. FX (9%) Revenue 458,633 407,305 (11%) (10%) Total Direct Cost 97,845 90,030 (8%) Total Direct Cost 395,274 344,860 (13%) Gross Profit 16,870 14,505 (14%) (12%) Gross Profit 63,359 62,446 (1%) 3% GP% 15% 14% GP% 14% 15% EBIT 4,448 2,876 (35%) EBIT% 4% 3% EBITDA EBITDA% 6,383 6% 4,988 5% (22%) EBIT 19,567 EBIT% 4% 17,377 4% (11%) EBITDA EBITDA% 27,532 25,142 (9%) 6% 6% Sales evolution was in line with pricing, driven by the decline in industry rates. Q4 2023 registered a 9% YoY decline in Revenue, mirroring a consistent trend for the full year with a 11% drop in Revenue. Notably, Q4 2023 revenue improved compared to Q3 2023 revenue. • Despite the softness at the topline due to declines in rates, margins remained largely stable YoY Costs were well managed, declining in line with revenues while efficiencies helped deliver a stable GP margin of 14% for Q4 2023 and 15% for FY 2023 and stable EBIT and EBITDA margins for the full year period. Page 16

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