Investor Presentaiton

Healthcare Financial performance Elegancia Healthcare has three (3) medical facilities with international affiliations that is in its establishment phase with the construction and fit-out of two (2) medical facilities and hence does not have any financials to report at this time. Both facilities are expected to be opened in Q4 2022, based on current programmes and begin providing acute care hospital at The View Hospital and ambulatory day services at The Korean Medical Center. In addition, start-up for a public private partnership has commenced in early 2022. 40 35 30 112505 Historical financial performance 0 FY2019A FY2020A (pro forma, QAR millions) HY2021A FY2021A 841 HY2022R FY2022F FY2022F represents annualisation of HY2022 Revenue levels and are indicative only Work in hand as at 30 June 2022 Major Current Projects The View Hospital Healthcare, QAR 88.2 m 4% Korean Medical Center Military Medical City Major Opportunities Long term, rehabilitation and home-care services Historical performance / drivers The HY 2022 Revenue of QAR 17.8 million represents the commencement of the PPP. The Net Profit for the initial six months is QAR 1.6 million or 9.3%. This margin is below our portfolio target of 15-25% given that this consists of the managed services contract only as the others are in pre-operating phase. As The View Hospital and Korean Medical Center are in construction phase, all pre- operating costs are capitalized as we look to commence these activiations in Q4 2022 and Q1 2023 respectively. Estithmar Holding Q.P.S.C. Forecast performance / drivers Qatar's total healthcare expenditure of ~QAR 20 billion is expected to grow at a ~7% CAGR over the next 5 years; this outpaces GCC growth at 5.4% CAGR The health insurance sector is expected to see a strong boost driven by plans of compulsory health insurance which will increase utilization rates. Specialties with highest health insurance claims are OB-GYN, paediatrics, and orthopaedics etc. Given the OECD average of 4.8 hospital beds per 1000 people in 2019 compared to 2.3 for Qatar, there is rapid need for increased investment in hospitals and day care surgery centers Growing rates of chronic conditions (69% NCD's) and communicable diseases will increase demand for all types of advanced and specialized patient care in Qatar The number of elderly residents is expected to increase to 14% by 2050 which provides an ideal opportunity for specialist providers to cover services not fully supplied by the public sector. ESTITHMAR HOLDING Q.P.S.C Source: Fitch Solutions, IHME, World Bank, the Lancet ‣ elegancia healthcare THE VIEW HOSPITAL In Affiliation With Cedars Sinoi KMC Korean Medical Center ews

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