Investor Presentaiton

Financial & Performance Highlights | Logistics Quarter Financials (in USD thousands) Logistics Margins aramex delivery unlimited GP% EBITDA% Q3 2022 Q3 2023 Change Excl FX 23% Revenue 30,081 28,539 (5%) 1% 25 21% 22% 19% Total Direct Cost 27,710 25,367 (8%) 20 15% 15% Gross Profit 2,371 3,173 34% 61% 15 15% 11% GP% 8% 11% 10 EBIT EBIT% EBITDA EBITDA% (1,665) (842) 49% 5 (6%) (3%) 0 Avg 2022 Q1 2023 Q2 2023 Q3 2023 4,105 14% 5,319 19% 30% • • Resilient performance for the Logistics product: Revenue was impacted by foreign exchange translation, with a loss of USD 1.9 million. Excluding FX, Revenue grew 1% in Q3 2023. The rebalancing of the logistics business continues, with increase in sales from strategic sectors such as retail and energy. Sequentially, Q3 2023 saw a decline in sales and margins compared to Q2 2023 due to loss of business, following the acquisition of our customer by a company already having Logistics infrastructure. New business wins secured in Q3 2023 will be reflected in the financials in 2024. The specialized pharma facility build is on track for opening next year. Page 16

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