AKDITAL Investor Presentation

OVERVIEW OF THE HEALTHCARE SECTOR IN MOROCCO Private & public healthcare capacity in Morocco as of 2020 Number of beds per 1 000 people Public 72% Private 28% ■Casablanca - Settat 18% 25% ■Rabat-Salé-Kénitra ■Marrakech-Safi 37 388 beds 8% 37 388 beds ■Fès-Meknès 8% 16% Oriental 11% 14% Tanger-Tétouan- AlHoceima Healthcare becomes a constitutional right in Morocco 2011 2,8 2,2 1,4 1,5 Key dates for the Moroccan healthcare sector over the past 10 years 2015 Emergence in Morocco of the first organized groups specialized in healthcare 2016 Law 131-13: Possibility for non- doctors to invest in healthcare facilities 2018 Covid-19/Plan to generalize the compulsory healthcare insurance (AMO) by 2022 2020 2021 Launch of the 2025 Healthcare Plan (1) Word Bank: 2017 for Morocco, Egypt, Tunisia, Turkey, and the MENA region and 2019 for OECD countries (*) Includes Beni Mellal Khénifra (6%), Souss Massa (6%), others (6%); (**) Middle East North Africa 4,4 MENA* ** OECD Second phase of the AMO Plan/integration of RAMED beneficiaries First phase of the AMO Plan and strengthening of government healthcare spending 2022 12 22

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