Investor Presentaiton

4 Significant value creation potential from synergies¹ PRK Areas for value creation مکارم MAKAREM طيبة للاستثمار TAIBA INVESTMENTS J9JUR 100% Revenue synergies Cross-selling of Makkah-Madinah hospitality package bundles Utilizing the known "Makarem" brand in Madinah and Makkah Leveraging of Taiba's landbank for further development projects $ Cost synergies Balance Sheet synergies Optimisation of hotel manpower through sharing best practices in hotel management/ operations TQ IT Procurement costs to benefit from economies of scale Centralised IT infrastructure systems Stronger balance sheet to reduce financing cost over time Combining capex spending for better relationship with suppliers Potential value creation from synergies could result in higher cashflow generation allowing for increased capacity for dividend distribution Note: These are potential areas that could result in synergies. There has been no decision on any synergy and integration plans and the potential areas might not be necessarily pursued. 15

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