EFG Hermes Holding

1Q2021 Results Presentation Group Overview Group Performance Highlights

≡ EFG Hermes kicked off the first quarter of 2021 on strong footings; with the Group posting revenues of EGP1.3 billion, up 30% Y-o-Y; underpinned by strong revenue contribution from almost all lines of business. The NBFIs platform continued to post Q-o-Q and Y-o-Y revenues growth, while the Investment revenue bounce back from 1Q20 level, which saw the initial outbreak of the Coronavirus.

≡ Sell-side revenues rose 29% Y-o-Y to EGP296 million in 1Q21, on the back of higher Investment Banking and Brokerage revenues. Investment Banking revenues more than doubled Y-o-Y, rising 152% to reach EGP42 million, on stronger advisory fees. Additionally, Brokerage revenues gained 20% Y-o-Y to EGP255 million, mainly on stronger revenues booked by operations and lower losses incurred by the Fixed Income desk; ≡ Buy-side revenues gained 22% Y-o-Y to EGP129 million in 1Q21, supported by strong Asset Management revenues. Asset Management revenue rose 62% Y-o-Y to EGP99 million in 1Q21; largely due to higher management and incentive fees reported by FIM. On the other hand, Private Equity revenues lost 34% Y-o-Y to EGP29 million over the same period; mainly as the comparable quarter included incentive fees related to Vezeeta exit;

≡ Another buoyant quarter for the NBFIs, with its revenues representing 35% of the Group’s top line, and its net profits reaching 38% of the Group’s profitability; its highest contribution in a single quarter. The NBFIs platform revenue grew 22% Y-o-Y to EGP441 million in 1Q21, on higher revenues generated by all its business lines. Tanmeyah reported revenues of EGP321 million, up 9% Y-o-Y, on stronger sales. valU continued to outperform, with its revenues almost tripling Y-o-Y to reach EGP56 million, on Y-o-Y portfolio expansion. Leasing and Factoring revenues rose 30% Y-o-Y and 110% Y-o-Y to EGP56 million and EGP8 million, respectively; mainly on higher arrangement fees and interest income; ≡ Capital markets & treasury revenues rose 45% Y-o-Y to EGP389 million in 1Q21, as the quarter included unrealized gains on investments and lower fx-losses which overshadowed lower interest income from Structured Products;

≡ Group operating expenses was broadly flat in 1Q21, down 3% Y-o-Y to EGP802 million, as the increase in employee expenses was off-set by lower loan loss provisions booked by the NBFIs platform. However, employee expenses/revenues came at 46% in 1Q21, consistent with 1Q20;

≡ Group net operating profit reached EGP453 million, up 234% Y-o-Y in 1Q21; while the Group net profit before tax came at EGP406 million, higher a buoyant 314% Y-o-Y; as revenues increased while expenses were largely unchanged;

≡ Albeit higher taxes, as the Group recorded deferred taxes in 1Q21 as opposed to deferred tax gains in the comparable quarter last year; the Group managed to post a net profit after tax and minority interest of EGP292 million, up a decent 223% Y-o-Y.

2 Group Overview Share Information

Stock Performance 1Q21 Stock Price Performance Shareholders structure

EFG-Hermes HC HFI (Rebased) DF EFG3 LIMITED ( S.A), 12.9% RA MENA Close 14.55 0.5% Q-o-Q HOLDINGS LTD & RA HOLDINGS I Open Hi Lo 20 LTD, 12.3% 14.63 15.95 13.94 RIMCO E G T Average Daily Turnover INVESTMENT L L C, 8.8% EGP18.4 mn 18% Q-o-Q 15 Public, 56.8%

Market Cap Shares THE BANK OF NEW YORK MELLON ( EGP11,183 mn 768.6 mn GDRs ), 9.1% 10 Jan Feb Mar *Shareholders structure as of 31st of March, 2021

Analyst Recommendations Analysis Consensus Recommendation Price Spread

Institution Recommendation Target Price Date Buy 4 80% Price Spread (Target Price - Price) Hold 1 20% HSBC Buy 29.3 Mar-21 Sell 0 0% 6 Average CI Capital Buy 20.0 Dec-20 Target Price EGP 19.76 3 Prime Overweight 15.4 Dec-20 Spread* EGP 5.2

Pharos Hold 16.8 Nov-20 Potential Upside 36% 0 Jan Feb Mar Beltone Buy 17.3 Oct-20

* Based on 31st March, 2021 closing price

3 Group Overview Balance Sheet

Total Assets, EFG Hermes Balance Sheet as at 31st of March 2021 up 7% Q-o-Q Assets - Liabilities In EGP million In EGP bn Cash and Cash Equivalents 8,473

44.4 NBFIs Loans Receivable 7,858 39.5 39.4 38.7 41.3 Investment in Associates 103 31.6 Merchant Banking Loans 227

Asset Management Seed Capital 2,429

Private Equity Seed Capital 398

Fixed Assets and Real Estate 851 Dec-19 Mar-20 June-20 Sep-20 Dec-20 Mar-21 Clients Investments at FVTPL (Structured Products) 3,109

Payables to Clients at FVTPL (Structured Products) (3,109) Total Equity/Market capitalization In EGP bn Market Capitalization Shareholders' Equity* (Receivables - Payables) (246) (Other Assets - Other Liabilities) (2,617) ≡ At the end of March-21; Price/Book stood Goodwill and Other Intangible Assets 983 at 0.8x 13.9 13.6 Trading and AFS Investments 738 11.2 11.2 Short Term Bonds (500)

Short & Long term Loans* (4,503)

Minority (332)

Total 13,864 Mar-21 Dec-20 *Predominantly includes NBFIs borrowings.

* Equity Attributable to Shareholders 4 I. First Quarter Results Review – 1Q2021 Group Overview Group Financial Highlights – 1Q2021 EFG Hermes Revenue Breakdown Fees and Commissions Revenue Breakdown

Capital Markets & valU, 7% Treasury Operations 31% Factoring, 1%

Revenue of EGP389 mn, up 45% Y-o-Y Brokerage, 29%

Regional Operations 28% Tanmeyah, 37% Of Fees and Commissions Asset Revenue Management, 11% Fees and commissions 69% Egypt Operations 72% Of Fees and Commissions Revenue Leasing, Investment Revenue of EGP866 mn, up 24% Y-o-Y Private 6% Banking, 5% Equity , 3%

EFG Hermes Operating Revenue, EFG Hermes Operating Expenses, EFG Hermes Net Profit After Tax and up 30% Y-o-Y down 3% Y-o-Y Minority Interest, In EGP mn In EGP mn up 223% Y-o-Y Other Operating Expenses Employees Expense In EGP mn

≡ Employee Expenses to Operating 1,255 Revenues came at 46% in 1Q21 292 965 802 829

221 385 90

581 444

1Q21 1Q20 1Q21 1Q20 1Q21 1Q20 6 Group Overview Platforms Financial Highlights – 1Q2021

EFG Hermes Revenue Breakdown by Platform

Investment Bank Revenues NBFIs Revenues Revenues Contribution by Platform up 35% Y-o-Y up 22% Y-o-Y

In EGP mn In EGP mn

814 441 Investment Bank NBFI 362 604

1Q21 65% 35%

1Q21 1Q20 1Q21 1Q20 1Q20 63% 37%

EFG Hermes NPAT Breakdown by Platform

Investment Bank NPAT NBFIs NPAT NPAT Contribution by Platform up 60% Y-o-Y Investment Bank NBFI In EGP mn In EGP mn 111 180 1Q21 62% 38%

113

1Q20 100%

1Q21 1Q20

(22) 7 1Q21 1Q20 Investment Bank Overview Investment Bank Highlights – 1Q2021

Investment Bank Revenue Breakdown by Platform

Sell-Side Revenues, Buy-Side Revenues, Capital Markets Revenues, up 29% Y-o-Y up 22% Y-o-Y up 45% Y-o-Y In EGP mn In EGP mn In EGP mn Brokerage Investment Banking Asset Management Private Equity

389 296 129 42 229 106 29 268 17 44 255 213 99 61

1Q21 1Q20 1Q21 1Q20 1Q21 1Q20

Revenues Contribution by Platform Investment Bank Revenue breakdown

Capital Markets & Sell-Side Treasury 36% 48%

5% 12% 31% 9% 8% 10% 4% 48%

Capital Markets& Treasury Asset Management Brokerage Investment Banking Private Equity Operations

Revenues of EGP42 mn, Revenues of EGP99 mn, Revenues of EGP29 mn, Revenues of EGP389 mn, Buy-Side Revenues of EGP255 mn, up 152% Y-o-Y up 62% Y-o-Y down 34% Y-o-Y up 45% Y-o-Y 16% up 20% Y-o-Y

8 Investment Bank Overview Brokerage Overview – 1Q2021

Direct Presence Indirect Presence

EGYPT(1) ABU DHABI MENA Total Executions: Rank Executions: Rank Executions: Rank Executions $1,680 mn # 1 $1,204 mn # 1 $1,653 mn # 2 29.4% 28.6% 11.3% $1.8 bn (down 6% Y-o-Y) Market Share (down 21% Y-o-Y) Market Share (up 14% Y-o-Y) Market Share

KSA(2) Executions: Rank Executions: Rank Executions: Rank $2,797 mn # 6 $3,068 mn # 1 $306 mn N/A 1.5% 35.3% 3.0% (down 6% Y-o-Y) Market Share (up 8% Y-o-Y) Market Share (up 54% Y-o-Y) Market Share Frontier Total Executions Rank Rank Rank $271 mn Executions: Executions: Executions: $50 mn # 6 $55 mn # 8 $85 mn #5 12.9% 7.2% 4.6% (down 49% Y-o-Y) Market Share (up 166% Y-o-Y) Market Share (down 61% Y-o-Y) Market Share

KENYA (1)Excluding special transactions (2)Over brokers only Rank Executions: Structured Total Executions $185 mn # 1 62.7% Products $216 mn (up 21% Y-o-Y) Market Share Average Daily Commissions Fees Contribution by Market/Product Brokerage Revenue by Country (Operations) In USD thousand In EGP mn 1Q21 1Q20 Egypt UAE Structured Products, Kuwait KSA Others, 5% 125 Structured Products 5% Egypt Others* 92 27% 264 Frontier 230 243 214 214 32 Markets, 14% 38 33 6 23 29 28 35 26 23 12 15 12 20 11 31 19 35 12 DFM, 21 6 4 8 2 7 27 33 5 11 7 6 39 36 31 , 5% 27 26 26 30 75 9% -3 49 27 30 45 29 29 25 26 ADX, 35 6% -44

42 59 70 65 66 Kuwait, SP KSA

18% KSA, 11% UAE

Egypt

Kenya Kuwait

1Q20 2Q20 3Q20 4Q20 1Q21 Nigeria

Others*

Frontier Pakistan *Others include: Oman, , Jordan, UK and GDRs *Others including; Qatar, Oman, Lebanon,Jordan, UK and **Based on 1Q21 figures *Others including; Oman, Jordan, and Bahrain 9

(GDRs) Income Fixed Investment Bank Overview IB and PE Overview – 1Q2021 Investment Banking Private Equity Private Equity AUMs Evolution Advisory on Advisory on Sale of a 100% stake in Securitization Acquisition of (Fourth Issuance) Debt Arrangement (USD 10,835,346) (USD 43,000,000) In USD bn Financial Advisor, MLA, Undisclosed (USD 10,000,000) Financial Advisor, and Underwriter Arranger Buy-Side Advisor Sell-Side Advisor January 2021 January 2021 January 2021 January 2021 0.9 0.9

Advisory on Advisory on Securitization Securitization Initial Public Offering Initial Public Offering (USD 71,337,580) 0.3 (First Issuance) 0.2 0.3 (USD 44,728,435) (USD 137,600,000) Financial Advisor, MLA, (USD 144,000,000) Financial Advisor, MLA, Joint Bookrunner and Underwriter Joint Bookrunner and Underwriter January 2021 March 2021 March 2021 March 2021 1Q20 2Q20 3Q20 4Q20 1Q21 ≡ EFG Hermes Investment Banking division successfully advised on two equity transactions, two M&A transactions, and four debt transactions worth an aggregate value of USD516 million in 1Q21; ≡ The Education platform has successfully completed its third closing in March 2021, ≡ On the debt front, the division managed to conclude advisory on: USD10.8 million which saw additional commitments being secured amounting to c.USD15 million. The securitization issuance for Premium International for Credit Services, USD44.7 million fund’s total commitments currently stand at almost c.150 million. securitization issuance for Amer Group and Qasatl, USD71.3 million securitization issuance for Talaat Moustafa Group (TMG), and an arrangement of USD43 million debt facility for Ades Investments. ≡ On the M&A front, the team successfully advised Heidelberg Cement on the sale of a 100% stake in its subsidiary Hilal Cement, through a mandatory tender offer (MTO) on the EGX worth USD10 million, and acted as a buy side advisor to UAE-based Agthia Group on the cross-border acquisition of Al Faysal Bakery and Sweets. ≡ The team executed two equity transactions as it acted as a joint bookrunner and underwriter on the USD144 million IPO of Saudi-based Alkhorayef Water and Power Private Equity Revenue Technologies, as well as acting as a joint bookrunner on the USD138 million IPO of the Saudi-based car rental company Theeb Rent a car. In EGP mn Management Fees Other Fees* Investment Banking Revenue 44 In EGP mn 124 29 28 22 22 7 14 3 58 23 22 22 26 42 14 38 17 1Q20 2Q20 3Q20 4Q20 1Q21 10 1Q20 2Q20 3Q20 4Q20 1Q21 * Other Fees includes incentive fees, upfront fees and other revenues Investment Bank Overview Asset Management Overview – 1Q2021

Egypt Asset Management Regional Asset Management “FIM” Assets Under Management Revenue Breakdown Assets Under Management Revenue Breakdown In EGP bn In EGP mn In USD bn In EGP mn

Portfolios Money Market & Fixed Income Management Fees Other Fees* Regional Portfolios Regional Funds Management Fees Other Fees* Egypt Equity Funds 210 19.1 19.8 14 2.4 13 16.9 17.4 12 2.1 15.5 3 11 7.3 7.6 10 1.7 1.7 6.8 5.3 6.4 1.4 1.9 87 1.6 12 13 1.4 19 11 1.3 51 53 11.7 10 10 1.1 51 9.8 10.0 10.1 11.3 51 51 53 60 68 0.4 0.4 0.5 0.5 0.4 0.5 0.5 0.6 0.6 0.3 1Q20 2Q20 3Q20 4Q20 1Q21 1Q20 2Q20 3Q20 4Q20 1Q21 1Q20 2Q20 3Q20 4Q20 1Q21 1Q20 2Q20 3Q20 4Q20 1Q21

* Other Fees include incentive fees and other revenues * Other Fees include incentive fees and other revenues AuMs Breakdown by AuMs Breakdown by AuMs Breakdown by AuMs Breakdown by Investor Type Region Investor Type Region

Family Foundation / North Principal Office/HN America, Asia, 3% Private Foundation Endowment, MENA, 100% Capital, 7% WI, 2% 3% Government Institution, 1% , 2% 19% institution , , UK and 14% Pension 4% , Fund, 7% Institutional Insurance 33% , 2% (Financial SWF, 25% other), 4%

Government MENA, 62% Bank, 10% Pension, Private Bank, 38% 63%

11 Investment Bank Overview Research Overview – 1Q2021 Research Coverage Universe Awards/Rankings Number of Companies

Nigeria Kenya Pakistan Kuwait Qatar Others Oman Best Debt Bank in Africa UAE Egypt Global Finance-Best investment 302 291 292 293 299 2021 14 12 12 13 14 10 10 10 10 13 10 10 10 16 17 30 30 31 31 31 16 16 16 16 16 10 11 11 11 11 41 41 42 40 39 14 14 14 14 14 Best Investment Bank in Frontier 25 25 24 24 24 Markets

66 66 66 66 66 Global Finance-Best investment Banks 2021 46 46 45 46 46

1Q20 2Q20 3Q20 4Q20 1Q21

Research coverage by Sector Sukuk Deal of the year ≡ In 1Q21, the team initiated Real Estate Global Finance-World’s Best Telecoms & Islamic Financial Institutions & coverage on the Kenyan IT 6% Awards 2021 Hospitality Insurance sector and three Materials 1% Consumer insurance stocks, and a 7% 3% Vitnamese brewery company (SABECO). Healthcare 1% ≡ EFG Hermes Research hosted its third 1-on-1 virtual conference in Financials the quarter. Research & Asset Allocation 18% Advice:1st Rank Energy & Utilities Euromoney Private Banking and 64% Wealth Management Survey

12 NBFIs Overview NBFIs Financial Highlights – 1Q2021

NBFIs Revenue Breakdown by Platform

Tanmeyah Revenues, valU Revenues, Leasing Revenues, Factoring Revenues, up 9% Y-o-Y up 189% Y-o-Y up 30% Y-o-Y up 110% Y-o-Y In EGP mn In EGP mn In EGP mn In EGP mn

321 56 296 56 8 43

4 20

1Q21 1Q20 1Q21 1Q20 1Q21 1Q20 1Q21 1Q20

NBFIs Revenues Contribution NBFIs Revenue Breakdown

Factoring 2% Leasing valU 13% 13% 73%

1% 13% 213%% 2%

Leasing Tanmeyah valU Factoring Tanmeyah Revenues of EGP56 mn, Revenues of EGP321 mn, Revenues of EGP56 mn Revenues of EGP8 mn, 73% up 30%Y-o-Y up 9% Y-o-Y up 189% Y-o-Y up 110% Y-o-Y

13 NBFIs Overview Leasing and Tanmeyah Operational and Financial Overview – 1Q2021

KPIs KPIs

EGP3.2 bn 107,803 91,703 EGP992 mn EGP397 mn 57,424 TotalOn Outstanding-books LimitsOn Activated-books Number of Total Outstanding Total Number of Total Number of Loans Average Spread OutstandingPortfolio Portfolio Outstanding Portfolio Downloads Portfolio* Processed Applications Issued Value

348,100 5,117 1 78,606 26,684 973 Average Receivables Value of Total Number of Active New Branches in 1Q21 Number of Number of valU Number of Total Staff Average Interest Rate New Contracts Borrowers* ArrangementTransactions Fees App Customers Merchants

*Figures exclude Tanmeyah’s securitized portfolio. EGP 364 mn 16 Months

Total Loans Issued Portfolio Tenure

Tanmeyah Revenue valU Revenue

In EGP mn In EGP mn 56

44 321 , Alexandria, 296 291 261 Hurghada, 229 27 Tanta, Mansoura, 20 20 Ismailia, Portsaid, Assiout & Menoufia Existing Governorates

1Q20 2Q20 3Q20 4Q20 1Q21 1Q20 2Q20 3Q20 4Q20 1Q21

14 NBFIs Overview valU and Factoring Operational and Financial Overview – 1Q2021

KPIs Factoring Portfolio Portfolio Analysis

In EGP mn EGP bn EGP bn 5.2 4.9 EGP971 mn 819 816 With-Recourse Total Outstanding On-books Receivables Value of 16% Portfolio Outstanding Portfolio New Contracts 523

325 323

18 EGP856 mn Purchase (Backed With Receivables) Purchase Number of New Net Financed Amount 16% 68% Contracts for New Contracts 1Q20 2Q20 3Q20 4Q20 1Q21

Transacting Transactions/Day Portfolio Tenure Customers Leasing Revenue Market Share- 1Q21 Factoring Revenue Market Share- 1Q21 Market In EGP mn Rank Company Share In EGP mn 1 BM 20% 2 CorpLease 18% 10 Market 54 56 Rank Company 3 GB Lease 8% Share 47 8 8 43 39 4 Global Lease 7% 1 Egypt Factoring 19% 5 Cairo Lease 6% 2 Drive Factoring 18% 6 AT Lease 5% 4 4 3 EFG Hermes Factoring 16% 7 Tameer for Leasing 5% 4 QNBAA Factoring 14% 8 Al Ahly Leasing 5% 5 Global Factoring 9% 9 EFG Hermes Leasing 3% 6 Others 24% 1Q20 2Q20 3Q20 4Q20 1Q21 1Q20 2Q20 3Q20 4Q20 1Q21 15 Disclaimer

This confidential document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities or interests described within it ("Investments") in any jurisdiction. Investors should make decisions to acquire Investments solely on the basis of the information contained in the offering document published in connection with the offer of Investments. The information contained in this document is proprietary and confidential to EFG Hermes SAE Holding and/or its affiliates (together and separately, "EFG Hermes"). You must only use such information for the purposes of discussions with EFG Hermes and you must hold such information in strict confidence and not reproduce it or disclose it to any person, except as may be required by law.

You must not place any reliance for any purpose whatsoever on the information contained in this document. No representation or warranty, express or implied, is given by or on behalf of EFG Hermes or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by EFG Hermes or any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith.

The information contained in this document has been obtained from sources prepared by other parties and it may not have been independently verified.

The supply of this document does not imply that the information within is correct at any time subsequent to the date of this document.

This document may contain forward-looking statements which, by their nature, involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by these statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described within this document. In particular, actual results may be adversely affected by future developments affecting inflation, interest rates, taxation, social instability or other economic, political or diplomatic or other matters. Forward-looking statements contained in this document that reference past trends or activities should not be taken as a representation that such trends or activities will continue.

EFG Hermes Holding SAE has its address at Building No. B129, Phase 3, Smart Village, Km 28 Cairo Alexandria Desert Road,6 October, Egypt and has an issued capital of EGP 3,843,091,115

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