Kuwait Projects Company (Holding) - Investor Presentation

MENA: TOWARDS SUSTAINABLE GROWTH Continuous recovery expected as per IMF forecasts in 2022 Indicators 2020A 2021A² 2022P2 2021A vs 2020A 2022P vs 2021A Real GDP growth %4 (3.9%) 2.4% CAB* US$ bn 1 Oil prices³ US$/bbl (84.4) 159.5 43** 71** 2.5% 495.1 102 6.2% 243.9 65% 0.2% 335.5 Strong policy responses and a better-than-expected external backdrop are supporting the recovery in the region 44% 1 Source: IMF Forecast Apr 2022 2 Excluding Lebanon 3 Source: Bloomberg Improved Y-o-Y Weakened Y-o-Y 4 Source: IMF, April 2022 *CAB:- Current account balance Kuwait Projects Company (Holding) - Investor Presentation | 40 ** Average for 2020 & 2021 from Bloomberg

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