EEC Q1 2017 Investor Presentation Page 1

Establish King Abdullah Economic City (KAEC) as a strong enabler of socio-economic development Our Vision in the Kingdom of

• Employment and career development to build local capacity • Top-notch business development to attract regional and international businesses to the area Our Objectives • Providing housing solutions to all income segments • Tourism, leisure, and social activities that engage the community • Education development through schools, colleges , and other institutions Page 2 Project Overview KAEC is a greenfield city development roughly the size of Washington DC. Its objective is to help with Saudi Arabia’s acute housing demand and support economic diversification. KAEC’s strategic location on the puts it close to international maritime routes and provides instant access to key cities within Saudi Arabia. KAEC is comprised of the Coastal Communities, The Industrial Valley, King Abdullah Port( KAP), and The District. Category Current Plan Industrial 23,625,000 Commercial/Hospitality 12,736,000 Residential 75,373,000 Other 19,847,000 BUA Total 131,581,000 Employment 890,000 Population 1,750,000

Segment Breakdown %

Industrial 21%

Retail 11% Residential KAEC Master Plan 68% Page 3

CITY DRIVERS • Port • Industrial Valley • Haramain Station Economic Funding • Bonded Zone • Land Bridge Impact Sources • MBSC (Powered by Babson College) Realization of CITY DEVELOPMENT Economic city Shareholders INFRA-STRUCTURE & ECONOMIC GROWTH HOUSING NEEDS vision Job Creation Equity • Roads Network • Jobs Creation • High End Local & Foreign Inv. Debt • Utilities • Population • Middle End Logistics Hub Land/Unit Sales • Public Assets • Ramp-up • Low End Return to Share- • Labor Camps holders Fin. benefits to Govt. KAEC COMMERCIAL SOCIAL Business & LIESURE AMENITIES • Retail • Education Model • Offices • Healthcare • Hospitality • City Management Page 4 City Development

By Development Status:

40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 Area(sqm) 10,000,000 5,000,000 0 Under Developed Graded Under Planning Development Industrial 10,842,255 9,788,930 2,011,807 23,697,959 Port Commercial 408,764 1,097,604 0 5,898,387 14,609,291 (sqm) Residential 876,059 6,857,163 0 5,119,790 Total * 12,127,078 17,743,697 2,011,807 34,716,136

Grand Total * 66,598,718

* Area of Port is excluded from Totals

By Land Use:

50,000,000 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 Area(sqm) 10,000,000 5,000,000 0 Residential Commercial Industrial Under Planning 5,119,790 5,898,387 23,697,959 Graded 0 0 2,011,807 Under Development 6,857,163 1,097,604 9,788,930 Port Developed 876,059 408,764 10,842,255 14,609,291 (sqm) Total * 12,853,012 7,404,755 46,340,950 Grand Total* 66,598,718

* Area of Port is excluded from Totals Page 5 City Infrastructure

Roads & Waterways Utilities

MAP KEY •(4) Pump Stations Existing Gate •(568) Fire Hydrants Future Gate Completed Roads 230.0 Under Construction Roads Water Network (km) Under Design Roads

•Sewage network covers BLS area only. •Underground sewage Tanks in other communities with total capacity of (300 m3 each) 130.0 •Sewage network in IV is under design Sewage Network (km)

•STP covers %37 of Irrigation consumption 250.0 •(1) STP Pump Station Irrigation Network (km)

•(2) Permanent Substations operated by SEC •(4) Temporary Substations operated by KAEC •(6,700) Street lights 900.0 •(6,024) Landscaping lights 151.8 54.0 11.0 3.1 Electricity Network (km) Primary Roads (km) Secondary Roads (km) Bicycle Ways (km) Water Ways (km) •(3.1 km) of Constructed Canals •(3) City Gates: Main Gate1, IV •(14.1 km) of Graded Wadi Gate3, and Haramain Gate in Under •(23) Mobile Towers by Mobily Construction. •(52) Traffic Lights 79.0 •(8) Roundabouts Telecom Network (km)

* Kilometer (km) lengths are totals of Built Pipe/Duct networks per category Page 6

Residential Commercial

•(2) High-End Communities •(2) Beach Towers, and (4) Marina Towers •(3) Operating Shops •(848) Apartments •Total Operating Built-Up Area of (2,416 sqm) •Total Area of (95,870 sqm) is Completely Developed 6,657 •Meed (Mini Market), Panda (Grocery), and EEC Real Estate Services Shops & Services (sqm)* •(13) High-End Communities •(3) Beach Communities, (7) Golf Communities, and (3) Townhouses Communities •(10) Operating Cafes/Restaurants •(2,355) Individual Plots, (159) Villas , and (270) •Total Operating Built-Up Area of (2,170.8 sqm) Townhouses, are Under Development •BLS District: Piatto, Bhar, Bert’s, Fire Grill, Baskin Robins, Modo •Total Development Area of (4,511,892 sqm) Café (Beach), Modo Café (WFM), Subway, Burger King, Pizza Hut, 3,649 and Steakhouse Cafes & Restaurants (sqm)* •(7) Middle Income Communities •(3,756) Individual Plots and (238) Villas, are Under Development. •(1) Hotel, and (2) Serviced Apartments/Villas •Total Development Area of (2,987,001 sqm) •Bay La Sun Hotel is 5-stars with (195) rooms in a Built-Up area of (21,000 sqm), Currently Operating •Oceana has (50) serviced villas with Built-Up Area of (25,639sqm), Currently Operating 71,014 •The Views is a 4-stars Serviced Apartments with Built-Up Area of Hotels & Serviced • (1) Middle Income Community (24,374.6 sqm), Currently Under Development. • (389) Apartments, (144) Townhouses, (46) Paired Homes, and (30) Apartments (sqm)* Villas, are Completely Developed • (342) Apartments and (30) Paired Homes, are Under Development • (200,000 sqm) is Completely Developed from the total Development Area of (242,583 sqm) •Royal Greens Golf Course and clubhouse is (841,168 sqm) with Built-Up Area of (10,000 sqm) , Currently Under Development •Esmeralda Sport Complex is (51,000 sqm) with Built-Up Area of (14,850 sqm), Currently Under Development •Affordable Apartment Buildings 40,850 •(98) Buildings with (1,441) Apartments, are Completely Leisure (sqm)* Developed •Total Development Area of (150,000 sqm)

•Total Leasable Built-Up Area of (69,308.7 sqm), (30,355.0 sqm) is •Labor Accommodations Occupied (Operating and/orUnder Fit-out) •(16) Buildings with a capacity of (2,784) beds, are Completely Developed 94,371 •Total Development Area of (36,900 sqm) Office Spaces (sqm)*

* Square meter (sqm) Areas are total Built-up Areas of Built, Under Construction, and Under planning vertical constructions per category Page 7

Industrial Social Infrastructure

•(2) Operational Educational Institutes •(61) Tenants over total Plots area of (5,819,941.4 sqm) •TWA School: (10,500 sqm) with a capacity of (600) Students, currently over (537) Students are enrolled 2,909,971 •MBSC Post-Grad: (8,000 sqm) with a capacity of (300) Factories (sqm)* 20,626 Students, First semester will start in September 2017 •TVET Training Center: Under Planning with about (2,126 sqm) Education (sqm) •(38) Operators over total plots area of (7,133,800.5 sqm) •Warehouse Park is over a plots area of (30,433.0 sqm) in IV1B and 3,580,568 Built-up area of (13,668 .0 sqm) Warehouses (sqm)* •(2) Operational Hospitals •FMC: (1,400 sqm) has (9) Clinics with a capacity of (15) hospital beds •IV Clinic: (170 sqm) for Emergencies only and has (6) hospital beds. •NCB Data Center in IV3 over a plot area of (28,178.0 sqm) 1,570 14,089 Healthcare (sqm) Data Center (sqm)*

•(1) Fire Station with (770.6 sqm) and (4) Fire Trucks Plastic Logistics •(2) Security Stations with total of (40 sqm) and (21) 93,898 141,613 Security cars 9% Pharma 13% •(107) Security cameras around the city 49,764 5% Building Material 811 55,269 Safety & Security (sqm) 5%

Food 77,208 21 7% Operating Tenants •(1) Temporary Gas Station in BLS Area •Total tanks capacity of (80,000 Liters) •(2) Pumps General •Land area of (1,015 sqm) 664,662 61% 1,015 Services (sqm)

* Square meter (sqm) Areas are total Built-up Areas of Built, Under Construction, and Under planning vertical constructions * Values are in Square Meters (sqm) per category per category Page 8

KAEC Developments: • King Abdullah Port` • The World Academy • Family Medical Center • Juman Park • Royal Greens • Juman Karting • Esmeralda Sports Complex Current Page 9

On Completion

King Abdullah Port

For more info, please visit KAP’s website: https://www.kingabdullahport.com.sa/ Page 10

Fully operational since Q3 - 2014 Grades Offered: Nursery up to Grade 12 Current Enrolment: Over 500 students

For more info, please visit KAEC’s website: http://www.kaec.net/live/ Page 11 • Operated by Dr. Soliman Fakeeh Hospital • In operation since September 2016 • FMC offers specialty clinics such OB/GYN, Ophthalmology, Orthopedic, and Dental Services; as well as Laboratory and Diagnostic Imaging services

For more info, please visit KAEC’s website: http://www.kaec.net/live/ Page 12 WORLD CLASS EDUCATION

Recipient of 2016 World Travel’s Saudi Arabia’s Leading Business & Leisure Hotel Award

• Premium 5-star Business & Leisure hotel • 195 rooms and 6 suits • Operated by Alkhozama • In operation since 2013

For more info, please visit Bay La Sun hotel’s website: http://www.baylasunhotel.com • Juman Park is situated alongside the Bay La Sun Hotel and Marina Page 13 • With around 70,000 sqm of open space that includes walkways, running tracks, cycling tracks, a mini golf course, games area and an amphitheater • The park is populated with art sculptures, refreshment stops and adventure playgrounds for children

For more info, please visit KAEC’s website: http://www.kaec.net/live/ Page 14 Official launch in Q4-2017 Soft launch took place inAN January EXCLUSIVE WORLD-CLASS COURSE

Winner of two Best Leisure Development accolades from the International Property Awards and one accolade from City Scape

• 18-hole championship golf course in Al-Murooj District • Golf clubhouse sized 10,000sqm that consists of health clubs, BBQ grills, juice bars, and conference rooms

For more info, please visit Royal Greens’ s website: http://royalgreens.kaec.net/ Page 15 AN EXCLUSIVE WORLD-CLASS COURSE

Our newly laid track is 700m long and 7 to 10 m wide; it consists of a variety of fast straights, long fast corners and a good mixture of slower corners (9 in total) to really test out every driver that goes on our track, from the beginner right through to the most experienced!

For more info, please visit KAEC’s website: http://visit.kaec.net/discover/facilities/karting Page 16 AN EXCLUSIVE WORLD-CLASS COURSE

• Project Area: 51,000 SQM • Total Built up Area: 14,850 SQM • Actual progress: around 63.7% • To be delivered in Q4-2017

• The Sports Club will include Indoor Youth Soccer, Cricket, and multipurpose courts for Basketball, Badminton, Tennis, Squash and Volleyball, men and women pools, Gymnasium, Fitness rooms, Aerobic Halls and Spinning, Jogging Track, Spa, Bowling Alley, Billiard and Snooker rooms, Rock climbing wall, Café, lounges and Seminar rooms • Sponsored by the MiSK Foundation, KAEC held the Next Markhathon, a 2-day challenge for young marketing professionals Page 17 • Sponsored by the General Entertainment Authority, KAEC hosted a concert by Omar Khairat, a world-renowned pianist • As part of the Family Business Speaker Series, MBSC and Babson Global hosted H.E Amr Al-Dabbagh Page 18

Projects Under Development:

• Hejaz District • Muhammad Bin Salman College (UG) • Beachside Hotel apartments • Play District • Culinary Arts Academy Project • Juman Carnival • Floating Water Park • Hot Air Balloon (tethered) • Conference and Exhibition Center • Exclusive Desert Camps HEJAZ DISTRICT & HIGH SPEED TRAIN Page 19

2.5 m residents

1.3 m residents KAEC 4.5 m Residents

KAUST& 40k residents Thuwal 120k residents

0.3 m consumers

• Strategically located within the Western Region | Located between the two holy cities, Makkah and Madinah • Connecting 8.5 million inhabitants |Completion date*: Q1 2018

*According to a news article by Okaz published in February 2017. Page20 AN EXCLUSIVE WORLD-CLASS COURSE Page 21 • MBSC is a new private, higher education institution for both men and women • It has been established through an International partnership between Emaar The Economic City, Babson Global (a wholly-owned subsidiary of Babson College, USA), Lockheed Martin under the umbrella of the Economic Offset Program in the Kingdom of Saudi Arabia and the MISK foundation • MBSC MBA program First semester will start in September 2017

MBSC is operated by Babson Global Programs Offered: Undergraduate degrees focusing on Business and Entrepreneurship; Graduate MBA degree; and Executive & Continuing Education For more info, please visit MBSC’s website: http://mbsc.edu.sa/ Page 22 AN EXCLUSIVE WORLD-CLASS COURSE

PLAY DISTRICT Page 23

Page 8

From top left to bottom right: 1. Floating Water Park 2. Conference and Exhibition Center 3. Exclusive Desert Camps 4. Juman Carnival 5. Hot Air Balloon (tethered) 6. Beachside Hotel apartments 7. Culinary Arts Academy Project Page 24

K A E C Financials, Segment Breakdown, and Stock Performance Page 25

Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 318 More132 Than 95230 Global &332 Local Tenants445 in KAEC 293 52 100 116 80 127 22

-19 -31 -81 Revenue Gross Profit Net Income (SARS M)

Order Intake and Revenue YTD 2017 % Breakdown of Revenue for YTD 2017

EEC’s RD Order Intake Revenue 57% Financial 181 Growth 85 Other Quarterly 46 53 Income 16% IV 0 0 0 Breakdown Commercial 27% Residential Industrial Commercial Other Income 0% Development Valley Development Total 318M SAR *Other Income: Constitutes value added services, service charges, Hotel, healthcare, DMO, RLO and income from education Page 26

E E C S t o c k One year chart from March 2016 to March 2017: EEC stock has risen 22% year over Performance year. Ticker Description: SASEIDX Index: Tadawul all share index SASETRMI Index: Tadawul all share real estate management and development index EMAAR AB Equity: Emaar Economic City’s stock on Tadawul Page 27

KAEC Master Plan Residential Development Page 28 Residential Development Game Changers

Competitive Edge : • Corporate Relocation Program has been launched aimed at entrepreneurs, SMEs, and established businesses to relocate to KAEC: • 10year interest-free payment plan for Saudis • 20% discount on annual rent • Free premium education for a total of two children • Rent-free for the first 5 years on office space • Transportation • Competitive pricing offers investment upside • Good infrastructure relative to other major cities regionally • MoU signed with Ministry of Housing for the development/delivery of affordable housing solutions. Residential • Several launches expected in H2 - 2017 Development Payment plan: 60 months of installments for land and vertical with a down payment of 10% for land and 20% for vertical Page 29

Residential Vertical Vertical Land Land (excluding Lease) Reservations Reservations (SAR in millions )

84 Sales 25 25 21

123 Revenue 58

74 GP Residential 8 Gross Development 60% Margin Breakdown 14% for Q12017 Total area sold 4,200 SQM 3,740 SQM 12,500 SQM 21,060 SQM

• All numbers reflected in Q1 2017 are under IFRS convention while earlier quarters where under SOCPA Page 30

Product 2012 2013 2014 2015 2016 Net Order Intake (in million, SAR) 21 9 272 369 484 Vertical Units 12 6 178 641 534 Net Order Intake (in million, SAR) 167 673 655 776 148 Land Units 136 403 819 912 132 Net Order Intake (in million, SAR) 188 682 927 1,149 632 Totals Units 148 409 997 1,767 666

Bench Mark Analysis vs. KAEC* Residential KAEC Jeddah Sales

Product 10,160

Statistics 3,583 - 4500 5,700 SAR/SQM 2012 - 2016 4,489 3,746 4,807

Affordable Housing Medium Income Housing High Income Housing

• Jeddah Real Estate Prices - Colliers International Market Study; input from persons knowledgeable about the subject matter • KAEC’s MI and HI Housing categories include vertical sales as well as land sales Page 31

Total Total Sale Price Per Community Type District Target Income Released Unreleased Sellable Area Launch Date SQM Units Units Al Shurooq Apartment Al Shurooq Affordable 1050 390 135,064 4,489 Launched Al Waha Apartment Waha Medium Income 388 - 42,718 5,948 Launched Al Waha 1B Apartment Waha Medium Income 116 256 33,708 Launched Residential Beach 1 Apartment BLS High Income 116 - 21,490 12,374 Launched Beach 2 Apartment BLS High Income 116 - 21,684 13,200 Launched Marina 1 Apartment BLS High Income 191 1 21,096 12,291 Launched Development Marina 2 Apartment BLS High Income 192 - 21,058 12,108 Launched Marina 4 Apartment BLS High Income 116 - 21,498 12,066 Launched Vertical Al Waha (Town House) Town House Waha Medium Income 144 - 34,565 4,735 Launched Al Waha (Villa) Villa Waha Medium Income 76 - 6,597 8,364 Launched BC1 Villa Villa Al Muroj High Income 5 - 11,803 5,190 Launched Project GC1 Villa Villa Al Muroj High Income 12 - 7,567 4,995 Launched GC2 Villa Al Muroj High Income 147 - 126,382 5,375 Launched Breakdown Al Talah 1.3 Villa Al Talah Medium Income 179 - 67,225 5,950 Launched Al Talah 3 villas Villa Al Talah Medium Income TBD 59 TBD TBD Not Planned Al Talah 4 & 5 villas Villa Al Talah Medium Income TBD TBD 105,000 4,988 Not Planned up to March TH2 villas Villa Al Muroj Medium Income TBD TBD 74,977 7,757 Not Planned Coastal Towers Apartment BLS High Income TBD TBD TBD TBD Not Planned 2017 Vertical Projects 2,848 705 583,660 7,989 *Sellable area: total area sold plus area to be launched/sold **Sale price per SQM reflective average prices for the respective community/phase Page 32

Total Total Sale Price Per Community Type District Target Income Released Unreleased Sellable Area Launch Date SQM Units Units BC1 Land Al Muroj High Income 103 - 215,946 1,512 Launched BC2 Land Al Muroj High Income 392 - 452,744 2,023 Launched BC3 Land Al Muroj High Income 165 55 196,520 2,714 Launched GC1 Land Al Muroj High Income 91 - 82,947 1,250 Launched GC3 Land Al Muroj High Income 220 15 182,514 1,616 Launched GC4 Land Al Muroj High Income - - 168,475 1,450 Not Planned Residential GC5 Land Al Muroj High Income - - 191,563 1,500 Not Planned GC6 Land Al Muroj High Income - - 134,397 1,400 Not Planned Al Talah 1.1 Land Al Talah Medium Income 145 - 63,094 657 Launched Development Al Talah 1.2 Land Al Talah Medium Income 279 - 148,628 691 Launched Al Talah 3 Land Al Talah Medium Income 511 123 357,784 940 Launched Land Project Al Talah 4 Land Al Talah Medium Income 411 114 215,673 1,400 Launched Al Talah 5 Land Al Talah Medium Income 504 125 268,650 1,400 Launched TH3 Land Al Muroj High Income - - 112,448 1,450 Not Planned Breakdown TH4 Land Al Muroj High Income 253 - 114,843 1,514 Launched up to March Land Projects 3,074 432 2,906,226 1,434 *Sellable area: total area sold plus area to be launched/sold 2017 **Sale price per SQM reflective average prices for the respective community/phase Page 33

% Presales % Leased % Unsold (Sold and Reserved) Residential Vertical Sales Summary Residential Land Sales Summary

Al Talah 1.3 82% 0% 18% 179 TH4 96% 4% 253

GC2 19% 0% 81% 147 Al Talah 5 86% 14% 504 GC1 Villa 100% 0% 12 Al Talah 4 91% 9% 411 BC1 Villa 100% 5

Al Waha (Villa) 57% 7% 37% 76 Total Released Units Al Talah 3 98% 2% 511 Total Released Units Al Waha (Town House) 28% 6% 66% 144 Al Talah 1.2 98% 2% 279 Marina 4 23% 34% 42% 116 Al Talah 1.1 100% 0% 145 Marina 2 26% 42% 32% 192

Marina 1 86% 14%0% 191 GC3 58% 42% 220 Beach 2 23% 57% 20% 116 GC1 100% 0% 91 Residential Beach 1 78% 16% 5% 116 BC3 165 Al Waha 1B 16%0% 84% 116 68% 32%

Sales Al Waha 65% 20% 15% 388 BC2 98% 2% 392 Al Shurooq 72% 8% 20% 1050 Summary up BC1 99% 1% 103 to March 2017 %Sold Vertical Development Sales %Sold Land Sales Leased Unsold 14% 9% Unsold 27% Sold Sold 59% 91% Page 34

Major Developments Industrial Valley Page 35

KAECRESIDENTI MasterA L S A Plan L E S IndustrialS U M M A R Y Valleyu p t o S e p 2016 Page 36 IV Game Changers and Q1 updates

• IV secured two deals worth of SAR 220 million

• IV continues to work on its offerings and its business strategy with the main focus on: • Special zones within IV : Bonded Zone, Gas Zone, and warehousing • Broader connectivity through the operational King Abdullah Port along with the Haramain High Speed Railway and the planned Saudi Land Bridge

• IV has signed deals at record lease and sale rates • Current lease is SAR 16-18 / sqm • Current sale is SAR 585 / sqm Industrial Valley

*Rent is collected 1 year in advance and prorated through out the year whereas, sales revenues are recognized immediately in the month of sale. Page 37

Industrial Area Available Leased Area Available Sold Valley for Lease (in for Sale (in million SQM) million SQM)

75% Phase1A and 1B 3.06

Industrial Phase 4 Valley Sales 0.95 To be launched 2.7 To be launched 69% and Lease Phase 15% 2.1,2.2,2.3, 6.70 7.02 Segment and 2.5 69% Breakdown Phase 3 A,B,C,D,E, 3.6% 2.12 2.74 up to March and F 2017 Tech Park 8% 0.50 Page 38 Sales and Lease Revenue & Price Trend

Actual Sale Price/SQM (YoY) Actual Lease Price/SQM (YoY)

7% 585 600 545 18 550 22% 40% 500 445 14 450 15 30% 400 48% 350 11 49% 300 50% 300 10 250 7 6 19% 200 200 150 5 100 50 0 0 Industrial 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 Valley Year Product 2013 2014 2015 2016 Product 2013 2014 2015 2016

Sales Price on Year Sales Revenue 480 219 105 256 (SR/sqm) 247 413 490 585 Lease Price Performance (SR/sqm) 7 11 14 18 Product 2013 2014 2015 2016

Operating Revenue 28 33 47 59.2

*Revenue and Sales figures are in millions Page 39

Approximately120 Global & Local Tenants in KAEC

KAEC IV Tenants DISCLAIMER

• This presentation (Presentation) has been prepared by Emaar the Economic City (EEC) and/or its subsidiaries based on information available to it internally and third party sources. This Presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in EEC. You should not treat the contents of this Presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty is made by EEC or any of its advisers, agents or employees as to the accuracy, completeness or reasonableness of the information in this Presentation or provided in connection with it. No information, including but not limited to numbers, maps, drawings, or maps contained in this Presentation or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections set out in this Presentation. No liability will attach to EEC, with respect to any such information, estimates, forecasts or projections. EEC does not accept responsibility or liability for any loss or damage suffered or incurred by you or any other person or entity however caused (including, without limitation, negligence) relating in any way to this Presentation including, without limitation, the information contained in or provided in connection with it, any errors or omissions from it however caused (including without limitation, where caused by third parties), lack of accuracy, completeness, currency or reliability or you, or any other person or entity, placing any reliance on this Presentation, its accuracy, completeness, currency or reliability. EEC does not accept any responsibility to inform you of any matter arising or coming to EEC’s notice after the date of this Presentation which may affect any matter referred to in this Presentation. Any liability of EEC, their advisers, agents and employees to you or to any other person or entity arising out of this Presentation including pursuant to any applicable Saudi law is, to the maximum extent permitted by law, expressly disclaimed and excluded.

• The distribution of this Presentation is governed by the Expression of Interest and Confidentiality Agreement as well as by law in certain jurisdictions. Recipients and any other persons who come into possession of this Presentation must inform themselves about, and observe any such restrictions.

• Future matters: • This Presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of EEC. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of EEC may be influenced by a number of factors, many of which are outside the control of EEC. No representation or warranty, express or implied, is made by EEC, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause EEC’s actual future results, performance or achievements to be materially different from those expected, planned or intended, Recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. EEC does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended. KAEC Website: Click here IR Website: Click here IR App: Click here

Contact us: EEC Investor Relations Team [email protected] Tel Direct: +966 12 510 6955