Investor Presentaiton

4 Robust and expanding backlog Well-diversified backlog, valued at SAR 1.8 billion, provides high visibility on 2P's financial performance over the next few years Backlog Evolution (SAR Mn) Backlog expanded by 2.9x times over the last 4 years at the back of strong sales force, favorable terms with vendors and clients, established relationships with government and corporate clients 1,544 1,730 -927 1,059 1,114 -482 507 686 710 -655 -225 294 Backlog expansion 2019 102023 ↑ 2.9x 1,800 YE2019 Recognition Additions YE2020 Recognition Additions YE2021 Recognition Additions YE2022 Recognition Additions 1Q2023 1,800 +211 Projects (734) Having SAR 1.8 billion of secured revenues, 2P has a clear vision on both short- and medium-term revenues (608) (283) 2022 FY2023 FY2024 FY2025 (149) FY2026 (26) FY2027 O&M 67% 68% 80% 79% 100% SWD 16% 24% 16% 18% 0% Cx 18% 8% 5% 3% 0% Total 100% 100% 100% 100% 100% 2P Source: Company information, (1) based on value of contracts won divided by value of contracts entered 14

View entire presentation