Investor Presentaiton

Management Team (1/2) Dr. Samir Makary, Chairman Dr. Makary replaces Mahmoud Abdallah, who stepped down from the Board in support of a national corporate governance policy that will soon prevent a chairman of a government holding company from chairing any other company. Dr. Makary has over 20 years of experience in financial analysis. With Hazem Hassan Management Consultants and other firms, he has advised many public and private institutions, including the Tourism Development Authority and the Ministry of Tourism. He is also a long-time distinguished professor of Economics at AUC and author of the first feasibility study on Sahl Hasheesh Resort Community. Mohamed Kamel, Chief Executive Officer Mr. Kamel is a former Board Member of ERC and Vice President of Corporate Development. Prior to ERC, he served in various roles with KATO Investment including Corporate Vice President for Strategy and Governance and Business Development Manager. He has an MBA from Harvard Business School and an MA in Economics from the American University in Cairo. He is an ex-consultant with Bain and Company in London. Hassan Azab, General Manager, Sahl Hasheesh Company Eng. Hassan Azab has a Bachelor of Science in the Aeronautics & Military Science. He has over 30 years of experience in the design, planning, construction and commissioning of hotels and resorts (2200 rooms in total) in Hurghada, Sharm El Sheikh, Cairo, Luxor and Aswan, in addition to five floating hotels. Abu Bakr Makhlouf, Head of Investor Relations Mr. Makhlouf is heading ERC's IR team coming from a commercial strategy background and an MBA from IESE, a world leading Business School in Spain. Prior to joining ERC he served as the Commercial Strategy Manager for CEMEX where he led the company's regional business strategy. Mr. Makhlouf has a diverse background including taking on several roles in Strategic Planning, Project Management and Commercial Sales Management as well as entrepreneurship experiences. Carlos Arenas, Director - Strategy and Business Development Carlos is a Chemical Engineer and an experienced strategy consultant coming from McKinsey & Co., a prestigious strategy and management consulting firm. Prior to completing his MBA at INSEAD in 2006, Carlos accumulated extensive experience with oil and gas multinationals Union Fenosa and British Gas. 42 42 Investor Presentation 2012 ERC Egyptian Pesorts Company

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