Investor Presentaiton

CLASSIFICATION: C1 - CONTROLLED Financial performance review Share of Revenue (QR million) QAMCO's Net Profit (QR million) -20% 0% -56% -23% 3,020 803 147 2,430 849 845 114 354 9M-22 9M-23 2Q-23 3Q-23 9M-22 9M-23 2Q-23 2Q-23 • 9M-23 vs 9M-22: Share of JV's revenue declined, mainly due to lower avg realized selling price despite higher sales volume. 3Q-23 vs 2Q-23: Share of JV's revenue remained nearly unchanged, as higher sales volume offset the impact of a lower average realized selling price. Share of JV's Debt (QR million) • 9M-23 vs 9M-22: Profitability declined mainly due to lowered revenue, partially offset by lower OPEX, mainly pertaining to lower raw material cost. 3Q-23 vs 2Q-23: Profitability declined due to a lower average realized selling price and higher cost of goods (COG) resulting from increased sales volume. This posed challenges to the quarterly profitability. Closing Cash (QR million) 2,295 -9% 2,086 (IAS 31) 2,064 -8% 1,897 (IAS 31) 31-Dec-22 30-Sept-23 Share of debt as of 30 September 2023 declined by 9% versus 31 December 2022, mainly due to net repayments on the QAMCO JV's loan facility. 20 31-Dec-22 30-Sep-23 Closing cash including share of cash in QAMCO JV as of 30 September 2023 declined by 8% versus 31 December 2022, mainly due to dividend payout, net repayments on the QAMCO JV's loan facility and lower operating cashflow at JV level QAMCO, IR Presentation 9M-23

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