Investor Presentaiton

Financial & Performance Highlights | Freight Forwarding Quarter Financials (in USD thousands) and Volumes Freight Margins and Volumes aramex delivery unlimited Q3 2022 Q3 2023 Change Excl. FX GP% EBITDA% Revenue 119,678 100,177 (16%) (15%) 20 16% 16% 16% Total Direct Cost 15% 103,128 84,299 (18%) 14% 13% 15 Gross Profit 16,550 15,878 (4%) (1%) 10 10 7% 7% 7% 6% 6% 6% GP% 14% 16% EBIT 6,417 4,679 (27%) EBIT% 5% 5% EBITDA EBITDA% 8,521 7% 6,539 (23%) 7% 5 0 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Land Freight (LTL KGs) Sea Freight (FCL TEU) Sea Freight (LCL CBM) Q3 2022 7,355 38,523,420 Q3 2023 7,718 53,409,441 Change 5% 39% 8,051 7,766 4% 5,439 Air Freight (KGS) 4,759 11,773,193 14% 10,901,706 -7% Freight continues to deliver quality business, with solid growth in land freight and sea freight volumes. Industry sea freight rates continued to decline, leading to a shift in volumes from air freight, back to sea freight. Increased operational efficiency drives improvement in GP margin to 16% while EBIT and EBITDA margins are stable despite the softness at the topline and noting an increase in SG&A costs. Land freight (FTL) Page 15

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