Investor Presentaiton

EMAAR Emaar In "The Value Zone" Emaar Properties is Trading at Significant Discount to its NAV despite Superior Financial Metrics 57% -46% ■Market Cap (AED Bn) 52.0 Premium (Discount) to BV ▲ Premium / (Discount) to NAV 2 2014 8 | EMAAR PROPERTIES 1) Market valuation based on share price as at 6th May 2021; 2) NAV taken as of 31st Dec, 2020 -50% -73% 28.0 Q1-2021¹

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