Zain Group Financial and Strategic Investments Overview

CORPORATE GOVERNANCE CMA INSPECTION ■ Managed meetings with the CMA and coordinated with departments to provide all required documents. The CMA provided their feedback on how to improve internal processes to meet their requirements. ■ No violations or penalties were reported ANNUAL CG REPORT Prepared and issued the CG report (included in the annual report) as required by the CMA and international standards POLICY MANAGEMENT Accordingly, the executive management approved delegating the policy management responsibility to the CG function to ensure meeting all requirements, improve efficiency and ensure consistency. INTERNAL CONTROL REVIEW ■ Led the project with the independent auditor to assess the internal control mechanisms at Zain according to local laws and regulations and international standards. 12551 b 100% ESG INDICES Evaluate companies' performance as per common ESG criteria and to help companies understand their ESG objectives, values and impact. ■ With Kuwait's upgrade to the “Emerging Market Category" foreign investors are paying closer attention to local companies ■ Zain's scores in the three major indices for the year 2021 45 / 100 Above Industry Average S&P Global Ratings BB Within industry average MSCI 3.1/5 Above industry average FTSE

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