Investor Presentaiton

Diversified and efficient debt profile ■ Total debt of AED 40.1 billion ■ Increased bank borrowings at Group level to finance strategic investment ■ 77% of debt is at Group level ■ 60% of debt is in USD/AED ■ 84% of debt is due beyond one year ■ Strong liquidity covering short term debt maturities Group Debt Borrowings by Operations (AED m) Borrowings by Currency (%) 30,891 AED MAD 5% 8% Others 13% 55% USD 5,911 1,968 1,370 19% Euro Group MT Group Pakistan Egypt 29,784 Debt by Source (AED m) Repayment Schedule (AED m) 9,523 Bank Borrowings Bonds 291 Vendor Financing 542 Others 21,815 8,071 6,544 3,710 Within 1 Yr 1-2 Yrs 2-5 Yrs Beyond 5 Yrs Note: Debt represents interest bearing debt i.e. bonds, banks borrowings, vendor financing and other financial obligations. It excludes lease obligations. 11

View entire presentation