Investor Presentaiton

ACC Continued to Deliver on it Growth Strategies in FY2019 Unlocking new value from existing portfolio Return to LFL Revenue Growth Optimized Capital Structure & Completed IPO Continued expansion of mall portfolio to solidify market position ACC's recent re-measurements resulted in an increase in GLA of approximately 28k sqm, which will be reflected in lease renewals over the next 2-3 years. ACC achieved like-for-like net rental revenue growth of 0.7% in FY2019, the first positive LFL growth witnessed since FY2016. New SAR 7.2 billion Islamic facility with favorable terms was secured in the beginning of 1Q2019 (April 2018). Three new malls are currently under construction, which will bring the total number of malls to 22 by the end of 2019. Year-to-date, ACC has onboarded a total of 82 new brands, which include Dior, Smashbox, Delfy, Hakkasan and Nandos, among other lucrative brands. Developing a new digital platform which will allow customers to reserve/purchase items online for store pick up. The platform is currently in its trial stage, with brands already signed on. Growth was driven by Implementation of a yield and space optimization strategy, with new value unlocked from the portfolio offsetting temporary setbacks from the termination of weak performers. ACC recorded a 94.3% LFL occupancy rate as of March 2019 with c.90% renewal rate amid an improving macro environment. IPO proceeds will allow the company to deliver on its growth strategy, specifically its ambitious expansion plans to develop 8 assets and 2 extensions within the next five years. Ongoing extension of Nakheel Mall (Riyadh), with phase 1 expected to be completed year-end 2019. Acquisition of the 30-year lease for Jeddah Park, a key milestone in the delivery of ACC's near-term growth strategy and poised to add c.128k sqm of GLA upon completion in FY2020. Arabian Centres Company. Investor Presentation 16

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