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Investor Presentaiton

CLASSIFICATION: CO - NON-CONFIDENTIAL 1Q-22 results: Steel ā˜ Geographical analysis of segment revenue Starting from 2Q-20, the Group decided to temporarily resize capacity of domestic operations within the Steel segment to 0.8 million MT per annum of rebar (applicable to Qatar Operations) with an intent to primarily cater local sector demand, amid higher competition and declining margins internationally. However, due to the improvement in the international prices, the segment was also able to sell some of the quantities outside the domestic market. The segment restarted DR-2 facility during 1Q-22, as against DR-1 which was operational until the end of 2021. DR-2 has a production capacity of 1,500k MT's per annum of DR compared to DR-1 that has an annual capacity of 800k MT's per annum. Switch in mothballing of facilities would provide an opportunity of approximately 400k MT's of DR per annum to be sold directly in the market. 1Q-22 Segment Revenue (%) 40% 19% 0 1Q-21 Segment Revenue (%) 29% 37% 8% 33% Asia Middle East Qatar Africa 39 Note: The geographic analysis is based on the geographic location of the customer, to whom the sale is actually made by IQ's entities directly or via Sales & Marketing partner. 34% Industries Qatar, IR Presentation, 1Q-22
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