Investor Presentaiton

Balance sheet optimization Strong focus on financial positioning, with maintenance of adequate leverage levels to support growth; average RoE exceeded 57% during 2019-2022 Balance Sheet Snapshot (SAR Mn) ■Shareholders' Equity Non-Current Liabilities Other Current Liabilities Short Term Loans ■Non-Current Assets Other Current Assets Account Receivables Contract Assets Key Ratios NWC/Sales 202 317 501 807 914 135 280 134 94 254 86 34 32 336 118 286 316 160 93 28 370 99 111 98 34 24 229 62069 64 348 Z1 300 284 36 121 115 64 192 152 36 61 62 67 84 RolC RoE (1) Net Debt/EBITDA D/(D+E) 2P (1) Calculated as (net income / Average equity balance) Source: Audited Financial Statements 2019 2020 2021 2022 1Q23 24.4% 19.7% 13.8% 16.3% 19.7% 17.2% 31.9% 40.3% 38.7% 21.6% 38.4% 70.9% 59.5% 63.6% 39.4% 2.12 1.03 0.28 0.62 2.00 46% 41% 37% 38% 51% 20 20

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