Investor Presentation Q1 2018 Audited Results

III Key Investment Highlights 6 Robust Financial Performance Effective working capital management has been a key success factor to ISP's performance DOH Inventory 32 days Receivables Payables CCC +5 days 2015 85 days 112 days 29 days -2 days 2016 83 days 114 days 29 days -11 days Supplier contracts have the option of credit terms ranging from 120-150 days or a cash discount of 5-6% Net Debt to Equity Ratio 215% 65% 17% 2014 2015 2016 2017 83 days 128 days Interest Coverage Ratio¹ 3.5x 3.1x 2.9x 2.8x 2.5x 2.4x 96% 15% -30% 2017 1Q17 1Q18 2014 2015 2016 2017 Net Debt | EGP mn 237 163 54 1Q17 Financial Lease Expense | EGP mn 404 65 58 111 31 days +15 days Q1 2017 85 days 100 days 32 days +5 days Q1 2018 80 days 107 days Facilities Breakdown | % of Authorized Limit Arab Bank Others Mashreq 5% 3% CIB 6% 18% Bank Audi 6% 1Q18 7% QNB Mar-2018 EGP 1.7 bn 12% Credit Agricole 7% Ahli United Bank 12% 8% United Bank 8% 9% Barclays HSBC National Bank 60 66 36 9 8 2014 2015 2016 (133) 2017 1Q17 1Q18 2014 2015 2016 2017 1Q17 1Q18 ibnsinapharma (1) Calculated as EBITDA over interest expense Source: Company Management 19

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