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Investor Presentaiton

Diversified Real Estate Play In UAE & International Markets Resilient Business Model With Strong Growth Potential EMAAR Total Revenues In AED Mn 16% 25,689 23,911 17,959 18,548 15,412 12,936 15,118 13,098 8,856 10,038 6,899 5,253 3,075 3,724 3,381 2,057 2,338 3,075 5,788 5,881 6,311 7,202 7,251 4,846 2015 2016 2017 2018 2019 20202 Consistent growth delivered in difficult market environment post 2014 oil price crash Good business mix with strong upside potential in development business, supported by steadily growing recurring businesses² Significant value to be un-locked in the international operations (large land-bank) Hospitality & Entertainment businesses looking to expand outside UAE, in other GCC markets ■ UAE Development: 25% CAGR 1 International Development: 16% CAGR1 ■Malls, Hotels & Entertainment (Recurring Revenues) : 6% CAGR 1 6 │ 1. CAGR calculated from 2015-2019, 2. Business performance were impacted due to various restriction imposed by authorities to contain Covid-19 pandemic, resulting in negative growth. EMAAR PROPERTIES Note: In Q1'21 revenue recognition policy of Emaar Egypt has been changed retrospectively from over a period of time to point in time method due to recent contract enforcement trends, legal opinions and industry practice. Accordingly, the comparative numbers have been restated.
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