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Investor Presentaiton

SPECIAL ITEMS AND ONE-OFFS Breakdown of special items in EBITDA and Net Profit (adjusted) SAR (million) Q1-FY23 Q2-FY23 Q3-FY23 9M-FY23 SAR (million) Q1-FY23 Q2-FY23 Q3-FY23 9M-FY23 Revenue 8,045 6,966 6,226 21,237 Revenue 8,045 6,966 6,226 21,237 EBITDA* EBITDA margin 2,278 2,219 1,616 6,113 Net Profit attributable to Ma'aden 28% 32% 26% 29% Net Profit margin 419 351 -83 687 5% 5% nm 3% Pot Relining Restart Cost 36 96 132 Pot Relining Restart Cost* 27 72 Industrial Utility Charges for FY21 & FY22 (gross basis) 493 493 Industrial Utility Charges 2023 (gross basis) 76 76 76 Subtotal 605 172 नैनै 228 Industrial Utility Charges for FY21 &FY22 (gross basis)* Industrial Utility Charges 2023 (gross basis)* 369 57 57 57 ཤྲུ } { 99 369 171 76 853 Adjusted EBITDA 2,883 2,391 1,692 6,966 Severance Fees related to FY22 period [Phosphate]* Severance Fees related to FY22 period [Gold]* Subtotal 96 96 55 55 453 280 57 790 Adjusted EBITDA margin *All EBITDA calculations now includes equity-accounted profit of all JVs and other income/expenses (net). Prior periods have been restated for comparability 36% 34% 27% 33% Adjusted Net Profit attributable to Ma'aden 872 631 -26 1,477 Adjusted Net Profit margin 11% 9% nm 7% *attributable portion to Ma'aden MAADEN معادن 30
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