IR Presentation Q3-20

Net Profit Variance Analysis (QR in Million) 76 20 20 -84% 16 5 12 191 -292 9M-2019 Price Variance Volume Variance COGS S,G&A Finance costs Others 9M-2020 QAMCO reported a net profit of QR 12 million, a decline in profitability by 84% compared to the 9M-2019. Results affected by Joint Venture performance due to: ▸ Favorable movements a) Decline in cost of goods sold due to lowered raw materials and energy consumption which decreased by 17% versus 9M-19 and depreciation costs reduced by 2%; b) Lower marketing fee and freight costs (reported as part of selling expenses) by 18%; c) Finance cost reduced due to declining interest rates, offset against one-off finance charge on account of write-off pertaining to unamortized portion of financing cost relating to the old loan; ▸ Unfavorable movements a) Significant reduction in revenue due to decline in average selling prices by 16% versus 9M-19. b) Lower realized premiums; c) No one-off insurance income due to insurance claims received last year. 12 Note: For purpose of comparability, 9M-2019 financial data reported here relates to the period from 01 January 2019 till 30 September 2019. Whereas, in actual, the published financial statements for period ended 30 September 2019 included financial data for the period from the date of QAMCO's incorporation (i.e. 3 December 2018) till 30 September 2019. QAMCO, IR Presentation, Q3-20

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