Press Release

THE WORLD PRESIDENT OF DP WORLD MEETS WITH THE MINISTER OF FOREIGN TRADE OF ECUADOR

Caption: (from left to rigth) Saeed Al Zari, Senior Manager of Government Affairs, DP World; Issam Ahmed, Gerente Comercial, ; Ing. Pablo Campana, Minister of Foreign Trade, Ecuador; Mohammed Al Mannaei, CEO of P&O Marinas y Mina Rashid Executive Director; Jorge Y. Velásquez, General Manager, DP World Posorja; Omar Sharif Al Marzooqi, Cruise Operations and Business Manager, Mina Rashid.

Guayaquil, diciembre de 2017; The President and CEO of the World Group DP World, Sultan Ahmed Bin Sulayem met with the Minister of Foreign Trade, Pablo Campana, in the flagship Port and Free Zone in .

The visit follows the opening ceremony held in September this year to mark the beginning of the construction by DP World of a multi-purpose port project in Posorja, Ecuador. The project is part of a 50-year concession that the company won last year from the Government of Ecuador to build 750,000 TEU (capacity equivalent to twenty feet) of capacity to boost the country’s economic growth and connect it with international markets.

Mr. Campana was taken on a tour of the semi-automated Terminal 3 of DP World in Jebel Ali, which is a model for the installation that is being developed in Posorja. He also visited the Rashid Minaret Cruise Terminal, which is the world’s largest covered cruise ship facility.

The president and CEO, Sultan Ahmed Bin Sulayem, said: “Ecuador is the largest producer of bananas, shrimp and flowers in the world and connecting this resource-rich country to

DP World Posorja S.A. Av Joaquín Orrantia 14 NE y Calle Leopoldo Benitez. Edificio Trade Building, PB. Guayaquil – Ecuador. T: + 593 43 804850 dpworld.com

Press Release international markets will boost the economy. This milestone in the growth path of Ecuador and we hope to share our experience and knowledge in the development of commercial solutions that help companies grow “.

DP World’s total investment in the development of Ecuador’s maritime trade infrastructure will be more than $ 1 billion, while creating thousands of jobs during construction. There are also plans to develop a logistics zone to create a regional trading center in Posorja.

Work began in July on nearby access roads and the construction of port facilities, located 65 kilometers from the main commercial city of Guayaquil. Temporary site offices, land reclamation for phase 1 of the project and other site facilities are also under construction.

More Information: Gabriela Garzón S. Cel. +593 96874680 [email protected]

About DP World:

DP World is a leading facilitator of global trade and an integral part of the supply chain. We operate multiple related businesses, from maritime and land terminals, maritime services, logistics and auxiliary services, to technology-based trading solutions.

We have a portfolio of 78 marine and land terminals in operation with the support of more than 50 related businesses in more than 40 countries on six continents with a significant presence in both mature and high growth markets. Our goal is to be essential for the bright future of world trade, ensuring that everything we do has a lasting positive impact on economies and society.

Our dedicated team of more than 36,000 employees from 103 countries cultivates long-standing relationships with governments, shipping companies, importers and exporters, communities and many other important components of the global supply chain, to add value and provide quality services today and tomorrow.

Container handling is the main business of the company and generates more than three quarters of its income. In 2016, DP World handled around 64 million TEU (units equivalent to twenty feet) throughout our portfolio. With its committed portfolio of developments and expansions, it is expected that the current gross capacity of 84.6 million TEU will increase to more than 100 million TEU in 2020, in line with market demand.

By thinking about the future, by anticipating change and innovation, we seek to create the most productive, efficient and secure commercial solutions worldwide.

DP World Posorja S.A. Av Joaquín Orrantia 14 NE y Calle Leopoldo Benitez. Edificio Trade Building, PB. Guayaquil – Ecuador. T: + 593 43 804850 dpworld.com