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Investor Presentaiton

Group Financials Overview Q1 2021 Arafa HOLDING Income Statement (USD 000's) Net Revenues Q1 2020 Q1 2021 40,277 28,773 % change (18.2%) (28.6%) Gross Profit 12,338 8,260 Gross Profit Margin 30.6% 28.7% EBITDA 967 (6,928) EBITDA Margin 2.4% -24.1% Operating Profits (EBIT) (1,057) (8,635) EBIT Margin -2.6% -30.0% Net Profit After Tax (144) (9,903) Net Profit Margin -0.4% -34.4% FINANCIALS ■ Arafa Holding recorded Consolidated Net Revenues of USD 28.8 million in the first quarter of 2021, compared to USD 40.3 million in 2020. The group sales tumbled in Q1 2021 post the outbreak of Covid-19 second wave in November 2020, which caused a lockdown in the EU and the UK markets in January 2021, driving down the manufacturing segment sales represented by the Swiss Garments Company and Egypt Tailoring Company. Along with a decrease in the UK retail sales represented by the Baird Group. ■ Arafa Holding recorded Net Loss after Tax of USD 9.9 million during the first quarter of 2021, compared to USD 144.0 K in 2020, the group bottom line was strongly affected by the lockdown renewal across the European markets. Nevertheless, the group management has initiated a strict cost reduction strategy, which is expected to reflect on the second half of 2021. AL ARAFA FOR INVESTMENT & CONSULTANCIES | Q1 2021 Investor Presentation SLIDE 9
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