EFG Hermes Holding

4Q20/FY20 Results Presentation Group Overview Group Performance Highlights

≡ Another upbeat year for EFG Hermes Group, posting higher revenues for a third consecutive year and surpassing the EGP5 billion mark to record revenues of EGP5.5 billion, up 12% Y-o-Y. The Group successfully recorded a resilient top-line growth, amid very challenging operating environment with the outbreak of the Coronavirus and its subsequent impact on economies and capital markets; from the buy- side part of the business to the NBFIs and Capital Markets & Treasury operations; ≡ Buy-side revenues grew 33% Y-o-Y to EGP881 million in FY20 on higher revenues posted by both the Asset Management and the Private Equity. Asset Management revenues rose 28% Y-o-Y to reach EGP413 million, on strong incentive fees booked by FIM. Moreover, Private Equity revenues strengthened 37% Y-o-Y to EGP468 million; on higher incentive fees booked on Vortex Solar exit;

≡ Sell-side revenues declined 19% Y-o-Y to EGP1.2 billion in FY20, as both its divisions are highly exposed to capital markets, which were characterized by uncertainty and a generally weaker activity amid the COVID-19 pandemic. Investment Banking revenues lost 28% Y-o-Y to EGP237 million, despite executing higher number of transactions. And Brokerage revenues lost 17% Y-o-Y to EGP1.0 billion, on lower revenues generated by its different products and across its jurisdictions;

≡ NBFIs platform revenues rose 13% Y-o-Y to EGP1.4 billion in FY20, supported by a top-line increase in all the platform’s lines of business. Leasing revenues improved 17% Y-o-Y to EGP184 million, supported by 4Q20 strong bookings. valU had a strong year with its revenues increasing more than 4x Y-o-Y to EGP111 million, as all its operations grew significantly. Factoring revenues jumped 178% Y-o-Y to EGP25 million, as its portfolio more than doubled Y-o-Y. Tanmeyah’s revenues inched up 3% to EGP1.1 billion as its portfolio remained largely flat Y-o-Y;

≡ Capital markets & treasury revenues rose 36% Y-o-Y to EGP1.9 billion in FY20; on the back of higher realized gains on Structured Products exit/maturity, higher unrealized gains on seed capital revaluation, and lower fx-losses;

≡ Group operating expenses rose 17% Y-o-Y to EGP3.6 billion in FY20, on an increase in employee expenses, other operating expenses and a sharp increase in provisions and impairment charges during the year. However, employee expenses/revenues came at 42%, well below the 50% level; ≡ EFG Hermes Group posted a gross operating profit (before provisions) of EGP2.2 billion, up 16% Y-o-Y; a solid improvement that bears a testament to an outstanding performance during such dire times. Additionally, the Group net operating profits reached EGP1.9 billion, up 4% Y-o-Y; pressured by higher provisioning levels; ≡ Accordingly, the Group recorded a net profit before tax of EGP1.7 billion, up 9% Y-o-Y. While, the Group net profit after tax and minority interest slipped 5% Y-o-Y to EGP1.3 billion, on unusually high tax charges during the year which included high deferred tax losses for the unrealized gains on investments and the reversal of FY19 deferred tax gain by the Holding company.

2 Group Overview Share Information

Stock Performance 4Q20 Stock Price Performance Shareholders structure

DF EFG3 LIMITED ( S.A), EFG-Hermes HC HFI (Rebased) 12.9% RA MENA Close 14.63 6.0% Q-o-Q HOLDINGS LTD & RA HOLDINGS I Open Hi Lo 21 LTD, 12.3% 13.74 14.63 12.00 RIMCO E G T Average Daily Turnover 16 INVESTMENT L L C, 8.8% EGP22.3 mn 22% Q-o-Q Public, 56.8% 11 Market Cap Shares THE OF NEW YORK MELLON ( EGP11,245 mn 768.6 mn GDRs ), 9.1%

6 *Shareholders structure as of 31st December, 2020 Oct Nov Dec

Analyst Recommendations Analysis Consensus Recommendation Price Spread

Institution Recommendation Target Price Date Buy 5 83% Price Spread (Target Price - Price) Hold 1 17% 12 HSBC Buy 28.7 Dec-20 Sell 0 0% 9 Average CI Capital Buy 20.0 Dec-20 Target Price EGP 18.73 6 Prime Overweight 15.4 Dec-20 Spread* EGP 4.10 3

Pharos Hold 16.8 Nov-20 Potential Upside 28% 0 Oct Nov Dec Beltone Buy 17.3 Oct-20

* Based on 31st December, 2020 closing price Arqaam Buy 14.2 Jun-20 3 Group Overview Balance Sheet

Total Assets, EFG Hermes Balance Sheet as at 31st of December 2020 down 13% Y-o-Y Assets - Liabilities In EGP million In EGP bn Cash and Cash Equivalents 8,985

44.4 NBFIs Loans Receivable 7,598 39.5 39.4 38.7 Investment in Associates 103 31.6 Merchant Banking Loans 433

Asset Management Seed Capital 2,260

Private Equity Seed Capital 356

Fixed Assets and Real Estate 844 Dec-19 Mar-20 June-20 Sep-20 Dec-20 Clients Investments at FVTPL (Structured Products) 2,023

Payables to Clients at FVTPL (Structured Products) (2,023) Total Equity/Market capitalization In EGP bn Market Capitalization Shareholders' Equity* (Receivables - Payables) (752) (Other Assets - Other Liabilities) (2,314) ≡ At the end of December-20; Price/Book stood Goodwill and Other Intangible Assets 984 at 0.8x 13.6 13.3 Trading and AFS Investments 381 11.2 10.6 Short Term Bonds (500)

Short & Long term Loans* (4,439)

Minority (311)

Total 13,627 Dec-20 Sep-20 *Predominantly includes NBFIs borrowings.

* Equity Attributable to Shareholders 4 Group Overview Main Events in 2020

Vortex Solar Paytabs Partnership AIB Due Diligence Portfolio Divestment

≡ EFG Hermes entered a ≡ EFG Hermes and the Sovereign ≡ Vortex Energy completed the strategic partnership to Fund of received the sale of its controlling and launch Paytabs Egypt, a approval of the Central Bank of managed stake in Vortex mass B2C and B2B payment Egypt to conduct due diligence Solar at an enterprise value of acceptance and solutions on the Arab Investment Bank. The GBP500 million provider. parties aim to acquire at least 76% of the bank’s capital.

April, 2020 June, 2020 September, 2020

May, 2020 August, 2020

Completion of the Corporate Solutions Acquisition

≡ EFG Hermes merged its ≡ EFG Hermes and GB Leasing and Factoring Auto completed the 75% subsidiaries to form EFG stake acquisition of life Hermes Corporate Solutions. insurance player “Tokio Marine Egypt Family Takaful”.

5 I. Fourth Quarter Results Review – 4Q2020 Group Overview Group Financial Highlights – 4Q2020 EFG Hermes Revenue Breakdown Fees and Commissions Revenue Breakdown

Capital Markets & Factoring 37% valU, 4% Treasury Operations , 1%

Revenue of EGP645 mn, up 16% Y-o-Y Tanmeyah, 27% Brokerage, 29%

Regional Operations 35% Of Fees and Commissions Leasing, 5% Asset Revenue Management, 21% Fees and commissions 63% Egypt Operations 65% Private Of Fees and Commissions Revenue Equity , Revenue of EGP1,077 mn, up 39% Y-o-Y 1% Investment Banking, 12%

EFG Hermes Operating Revenue, EFG Hermes Operating Expenses, EFG Hermes Net Profit After Tax and up 30% Y-o-Y up 21% Y-o-Y Minority Interest, In EGP mn In EGP mn up 35% Y-o-Y Employees Expense Other Operating Expenses In EGP mn

≡ Employee Expenses to Operating 1,722 1,329 Revenues came at 36% in 4Q20 466 1,024 344 849 405 294

619 555

4Q20 4Q19 4Q20 4Q19 4Q20 4Q19 7 Group Overview Platforms Financial Highlights – 4Q2020

EFG Hermes Revenue Breakdown by Platform

Investment Bank Revenues NBFIs Revenues Revenues Contribution by Platform up 30% Y-o-Y up 27% Y-o-Y

In EGP mn In EGP mn

1,322 Investment Bank NBFI 1,014 400 315

4Q20 77% 23%

4Q20 4Q19 4Q20 4Q19 4Q19 76% 24%

EFG Hermes NPAT Breakdown by Platform

Investment Bank NPAT NBFIs NPAT NPAT Contribution by Platform up 34% Y-o-Y up 41% Y-o-Y Investment Bank NBFI In EGP mn In EGP mn

377 281 88 4Q20 81% 19%

62

4Q19 82% 18%

4Q20 4Q19 4Q20 4Q19

8 Investment Bank Overview Investment Bank Highlights – 4Q2020

Investment Bank Revenue Breakdown by Platform

Sell-Side Revenues, Buy-Side Revenues, Capital Markets Revenues, up 23% Y-o-Y up 133% Y-o-Y up 16% Y-o-Y In EGP mn In EGP mn In EGP mn Brokerage Investment Banking Asset Management Private Equity

442 645 555 358 235 124 54 14

101 317 304 222 25 76

4Q20 4Q19 4Q20 4Q19 4Q20 4Q19

Revenues Contribution by Platform Investment Bank Revenue breakdown

Capital Markets & Sell-Side Treasury 33% 49%

17% 24% 9% 8% 10% 1% 49%

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

Revenues of EGP124 mn, Revenues of EGP222 mn, Revenues of EGP14 mn, Revenues of EGP645 mn, Buy-Side Revenues of EGP317 mn, up 129% Y-o-Y up 192% Y-o-Y down 46% Y-o-Y up 16% Y-o-Y 18% up 4% Y-o-Y

9 Investment Bank Overview Brokerage Overview – 4Q2020

Direct Presence Indirect Presence

EGYPT(1) ABU DHABI MENA Total Executions: Rank Executions: Rank Executions: Rank Executions $1,899 mn # 1 $1,135 mn # 1 $1,522 mn # 3 28.4% 28.0% 17.7% $1.7 bn (down 21% Y-o-Y) Market Share (down 27% Y-o-Y) Market Share (flat Y-o-Y) Market Share

NASDAQ DUBAI KSA(2)

Executions: Rank Executions: Rank Executions: Rank $1 mn # 1 $2,446 mn # 6 $5,809 mn # 1 30.0% 1.2% 40.1% (down 100% Y-o-Y)Market Share (down 33% Y-o-Y) Market Share (up 181% Y-o-Y) Market Share Frontier Total Executions Executions: Rank Executions: Rank Executions: Rank $200 mn $97 mn # 2 $30 mn # 13 $184 mn N/A 34.0% 6.0% 2.9% (up 43% Y-o-Y) Market Share (down 40% Y-o-Y) Market Share (down 24% Y-o-Y)Market Share

KENYA (1)Excluding special transactions (2)Over brokers only Rank Executions: Rank Structured Total Executions # 1 Executions: $167 mn $157 mn #3 66.5% 13.9% Products $294 mn (up 4% Y-o-Y) Market Share (down 32% Y-o-Y) Market Share Average Daily Commissions Fees Contribution by Market/Product Brokerage Revenue by Country (Operations) In USD thousand Structured Egypt UAE In EGP mn Kuwait KSA Products, Others*, 5% 4Q20 4Q19 Structured Products 2% 150 Others* Frontier Egypt 264 Markets, 24% 232 240 230 107 217 223 214 214 32 13% 29 28 6 31 41 15 33 19 35 , DFM, 64 10 11 31 7 11 25 11 39 2 31 27 7% 4% 26 45 51 36 18 39 26 27 37 35 30 75 26 25 11 22 26 37 41 35 29 30 ADX, 22 22 49 27 5 9 10 12 6 4 9 6 29 33 31 28 29 29 25 Kuwait, 5% 4 10 33 35 29% 31 68 70 65 38 42 59 65 KSA,

32 SP KSA 10% UAE

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 Egypt

Kenya

Kuwait

Fixed

Nigeria

Others*

Frontier Pakistan *Others Including: Oman, , Jordan, UK and GDRs Income *Others including; Qatar, Oman, Lebanon, Jordan, UK and **Based on 4Q20 figures *Others including; Oman, Jordan, and Bahrain 10 GDRs Investment Bank Overview IB and PE Overview – 4Q2020 Investment Banking Private Equity Private Equity AUMs Evolution In USD bn Advisory and Arrangement of Advisory and Arrangement of Bond Issuance Debt Arrangement Debt Arrangement Securitization Sukuk Issuance (USD 265,000,000) (Third Issuance) (USD 23,248,408) (USD 13,000,000) (USD 38,138,462) Sole Financial Advisor, Lead (USD 55,591,054) Sole Financial Advisor, Manager, Global Financial Advisor, Financial Advisor, Financial Advisor, MLA, Lead Arranger and Coordinator and Bookrunner Arranger Arranger and Underwriter Bookrunner December 2020 December 2020 December 2020 December 2020 December 2020 0.9 0.8 0.8 0.8 0.9 0.9 Advisory on Advisory on Advisory on Advisory on Debt Financing Sale of a 100% of Short-term Bond Mandatory Tender Offer and Mandatory Tender Offer (Second Issuance) Delisting and Delisting (USD 31,826,862) (US$ 27,000,000) 0.3 0.2 Financial Advisor, MLA, and (US$ 6,052,630) (USD 126,984,127) (US$ 12,294,359) Sell Side Advisor Underwriter Financial Advisor Financial Advisor Financial Advisor December 2020 November 2020 November 2020 November 2020 September 2020 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 ≡ EFG Hermes Investment Banking division successfully advised on three M&A transactions, and eight debt transactions worth an aggregate value of USD596 million in 4Q20; ≡ On the debt front, the division managed to conclude advisory to: Orascom Holding Egypt ≡ The Education platform has fully implemented an online and e-learning portal in (OHE) USD265 million financing, USD38 million Sukuk issuance by for Investment and collaboration with Gems Education. Real Estate Development (CIRA), Talaat Moustafa Group (TMG) worth USD83.5 million and a further EGP6 million to TMG as part of the new securitization program, second bond issuance for Hermes Securities Brokerage (HSB) worth USD32 million, USD13 million debt facility for ADES Investments, USD23 million for New City Housing and Development (NCHD), and the debt financing for Marakez worth USD96 million. ≡ On the M&A front, the team managed to advise Heidelberg Cement on its Mandatory Tender Offer (MTO) and delisting of both Suez Cement for USD12 million and Tourah Portland Cement company for USD6 million. Also, the team advised EFG Hermes Private Equity on the sale of 100% stake in leading water desalination Ridgewood Group for a total value of USD27 million. Private Equity Revenue Investment Banking Revenue In EGP mn Management Fees Other Fees* 359 In EGP mn 265 170 245 44 3590 124 27 28 23 25 22 14 2 0 2 4 7 67 58 54 21 25 22 21 23 22 22 36 38 14 17 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 11 * Other Fees includes incentive fees, upfront fees and other revenues 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 Investment Bank Overview Asset Management Overview – 4Q2020

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 2.3 210 2.1 19.1 13 14 12 16.9 17.4 12 1.6 1.7 1.7 15.6 16.3 15.5 11 1.6 14.0 14.2 10 3 1.5 1.4 151 7.3 3 9 6.4 6.8 8 1 6.1 6.0 5.3 1.9 1.6 75 5.7 5.5 7 1.3 1.3 1.3 1.4 58 52 58 51 51 53 12 1.1 1.1 7 8 10 11 10 10 11 8 10.1 11.3 9 7.6 7.9 8.9 9.7 9.8 10.0 8 68 60 51 44 50 51 51 53 0.4 0.4 0.4 0.4 0.3 0.4 0.4 0.5

0.7 0.7 0.7 0.6 0.4 0.5 0.5 0.6

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 * 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 Asia, 3% Foundation / USA, 4% Private Foundation Office/HNWI, MENA, 100% Endowment, Government Institution, 1% , 2% Principal 1% institution , Capital, 8% 21% 15% Pension UK and Insurance, 5% , Insurance Fund, 7% 27% , 2% SWF, 19% Institutional (Financial Government Pension, other), 5% MENA, 66% Bank, 10% 39% Private Bank, 62%

12 Investment Bank Overview Research Overview – 4Q2020 Research Coverage Universe Awards/Rankings Number of Companies

Nigeria Kenya Pakistan Best Securities Brokerage Broker of the Kuwait Qatar Others Oman Oman Year UAE Saudi Arabia Egypt Global Banking & Finance Global Investor Group MENA 299 Award Awards 287 291 292 293 265 269 276 14 12 12 12 13 10 11 10 10 10 10 11 11 10 10 10 10 10 16 11 11 10 9 9 30 30 30 31 31 Oman Broker of the Egypt Broker of the 28 30 27 15 16 16 16 16 Year year 12 12 12 10 11 11 11 10 10 10 10 30 33 35 39 41 41 42 40 Global Investor Group Global Investor Group MENA Awards 14 14 14 14 14 14 14 14 MENA Awards 25 25 24 24 25 25 24 24

63 63 65 66 66 66 66 64 Kuwait Broker of the Alternative Asset year Manager (Vortex 46 45 46 47 46 46 45 46 Energy) Global Investor Group Global Investor Group 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 MENA Awards MENA Awards

Research coverage by Sector Research and Asset Allocation Advice Award ≡ In 4Q20, the team initiated Euro money 2021 Global Real Estate & Hospitality Telecoms & IT coverage on five new in Private Banking and Wealth 1.1% 5.1% Vietnam, a Nigerian cement Management Awards company (BUA Cement), a Materials Consumer Ghanaian Bank (CAL), and a 3.9% 6.6% Moroccan payment provider 1-Financial inclusion award- (HPS). 2-Best Broker in the Middle East 3-Best Broker in Kuwait 4-Best Broker in Oman 5-Best Broker in UAE Financials Energy 6-Best Broker in KSA 17.0% & 7-Best Asset Manager in UAE Utilities 8-Best Equity House in UAE 64.9% EMEA Finance Middle East Banking Award

13 NBFIs Overview NBFIs Financial Highlights – 4Q2020

NBFIs Revenue Breakdown by Platform

Leasing Revenues, Tanmeyah Revenues, valU Revenues, Factoring Revenues, up 65% Y-o-Y up 9% Y-o-Y up 306% Y-o-Y up 197% Y-o-Y In EGP mn In EGP mn In EGP mn In EGP mn

54 291 44 10 268

33

3 11

4Q20 4Q19 4Q20 4Q19 4Q20 4Q19 4Q20 4Q19

NBFIs Revenues Contribution NBFIs Revenue Breakdown

Factoring 2% Leasing valU 14% 11% 73%

1% 14% 2%11% 3%

Leasing Tanmeyah valU Factoring Tanmeyah Revenues of EGP54 mn, Revenues of EGP291 mn, Revenues of EGP44 mn Revenues of EGP10 mn, 73% up 65%Y-o-Y up 9% Y-o-Y up 306% Y-o-Y up 197% Y-o-Y

14 NBFIs Overview Leasing and Tanmeyah Operational and Financial Overview – 4Q2020

KPIs KPIs

EGP4.7 bn EGP4.4 bn EGP1.1 bn EGP3.0 bn 5,075 81,900

Total Outstanding On-books Receivables Value of Total Outstanding Total Number of Loans Total Staff Portfolio Outstanding Portfolio New Contracts Portfolio* Issued

23 EGP777 mn 335,110 96,251 5

Number of New Net Financed Amount Total Number of Active Total Number of New Branches in 4Q20 Contracts for New Contracts Borrowers* Processed Applications

*Figures exclude Tanmeyah’s securitized portfolio.

Leasing Revenue Tanmeyah Revenue In EGP mn In EGP mn

54 296 291 46 47 275 268 43 253 252 261 39 39 39 229 33

1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20

15 NBFIs Overview valU Operational and Financial Overview – 4Q2020

KPIs Factoring Portfolio

KPIsEGPEGP8323.7 bnmn EGP372 mn 50,387 In EGP mn 819 TotalTotalOn Outstanding Outstanding-books LimitsOn Activated-books Number of Average Spread OutstandingPortfolioPortfolio Portfolio OutstandingValue Portfolio Downloads 523

369 325 323 225 186 69,129 23,404 898 121

NumberAverage of Number of valU ReceivablesNumber Value of of ArrangementTransactions Fees AverageApp Customers Interest Rate NewMerchants Contracts 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20

valU Revenue Factoring Revenue Average Spread Average Spread Average Spread EGP USD EUR In EGP mn Transactions/Day Portfolio Tenure In EGP mn 10

44 Cairo, Alexandria, 8 Hurghada,

27 Tanta, Mansoura, 4 3 4 20 20 Ismailia, Portsaid, 2 2 2 11 Assiout & Menoufia 5 3 6 Existing Governorates 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20

16 II. Full Year Results Review – FY2020 Group Overview Group Financial Highlights – FY2020 EFG Hermes Revenue Breakdown Fees and Commissions Revenue Breakdown

Capital Markets & Leasing, 36% Tanmeyah, Treasury Operations 5% 31% Private Revenue of EGP1,938 mn, up 36% Y-o-Y Equity , 13% valU, 3%

Regional Operations 36% Investment Banking, 7% Of Fees and Commissions Factoring, Revenue 1% Fees and commissions 64% Egypt Operations 64% Asset Of Fees and Commissions Revenue Revenue of EGP3,521 mn, up 2% Management, Brokerage Y-o-Y 12% , 29%

EFG Hermes Operating Revenue, EFG Hermes Operating Expenses, EFG Hermes Net Profit After Tax and Minority Interest, up 12% Y-o-Y up 17% Y-o-Y down 5% Y-o-Y In EGP mn In EGP mn In EGP mn Employees Expense Other Operating Expenses

≡ Employee Expenses to Operating 5,459 Revenues came at 4,859 1,378 42% in FY20 1,305 3,604 3,080 1,286 932

2,318 2,148

FY20 FY19 FY20 FY19 FY20 FY19

18 Group Overview Platforms Financial Highlights – FY2020

EFG Hermes Revenue Breakdown by Platform

Investment Bank Revenues NBFIs Revenues Revenues Contribution by Platform up 12% Y-o-Y up 13% Y-o-Y In EGP mn In EGP mn Investment Bank NBFI 4,062 3,620 1,396 1,240

FY20 74% 26%

FY20 FY19 FY20 FY19 FY19 74% 26%

EFG Hermes NPAT Breakdown by Platform

Investment Bank NPAT NBFIs NPAT NPAT Contribution by Platform up 8% Y-o-Y down 51% Y-o-Y Investment Bank NBFI In EGP mn In EGP mn

317 1,150 1,061 FY20 88% 12%

155

FY19 77% 23%

FY20 FY19 FY20 FY19 19 Investment Bank Overview Investment Bank Highlights – FY2020

EFG Hermes Revenue Breakdown by Platform

Sell-Side Revenues, Buy-Side Revenues, Capital Markets Revenues, down 19% Y-o-Y up 33% Y-o-Y up 36% Y-o-Y

In EGP mn In EGP mn In EGP mn

Brokerage Investment Banking Asset Management Private Equity

1,938 1,536 881 1,422 1,244 662 328 237 468 341 1,208 1,007 413 321

FY20 FY19 FY20 FY19 FY20 FY19 Revenues Contribution by Platform Investment Bank Revenue breakdown

Sell-Side 30%

Capital 48% 30% 8% 47% Markets & 25% 6% 10% 10% 12% Treasury, 48% Capital Markets& Brokerage Investment Banking Asset Management Private Equity Treasury Operations

Buy-Side Revenues of EGP1.0 bn, Revenues of EGP237 mn, Revenues of EGP413 mn, Revenues of EGP468 mn, Revenues of EGP1.9 bn, 22% down 17% Y-o-Y down 28% Y-o-Y up 28% Y-o-Y up 37% Y-o-Y up 36% Y-o-Y

20 Business Lines Overview Brokerage Operational and Financial Overview – FY2020

Direct Presence Indirect Presence

EGYPT(1) DUBAI ABU DHABI MENA Total Executions: Rank Executions: Rank Executions: Rank Executions $7,917 mn # 1 $5,816 mn # 1 $5,469 mn # 2 36.4% 32.5% 27.6% $4,962 mn (down 6% Y-o-Y) Market Share (up 20% Y-o-Y) Market Share (down 10% Y-o-Y) Market Share

NASDAQ DUBAI KSA(2) KUWAIT

Executions: Rank Executions: Rank Executions: Rank $1,846 mn # 1 $12,467 mn # 4 $12,571 mn # 1 58.3% 2.2% 34.1% (down 13% Y-o-Y) Market Share (down 15% Y-o-Y) Market Share (up 36% Y-o-Y) Market Share Frontier Total Executions OMAN JORDAN PAKISTAN Executions: Rank Executions: Rank Executions: Rank $826 mn $279 mn # 3 $91 mn # 13 $741 mn N/A 24.5% 6.0% 3.8% (down 18% Y-o-Y) Market Share (down 52% Y-o-Y) Market Share (up 15% Y-o-Y) Market Share

KENYA NIGERIA (1)Excluding special transactions (2)Over brokers only Executions: Rank Rank Executions: Structured Total Executions $710 mn # 1 # 2 51.6% $577 mn $870 mn (up 50% Y-o-Y) 19.8% Products Market Share (down 18% Y-o-Y) Market Share Average Daily Commissions Fees Contribution by Market/Product Brokerage Revenue by Country (Operations) In USD thousand In EGP mn Structured Products Frontier Structured FY20 FY19 KSA Others* Others*, 5% Products, 3% 523 Kuwait UAE Frontier 474 Egypt Markets, Egypt 15% 26% 229 231 11 6 192 DFM, 36 34 Qatar, 142 114142 98 6 27 7% 114 89 49 55 32 34 7% 11616 67 59 27 17 27 38 36 34 ADX, 12 33 16 25 30 46 21 33 5% 24 30 Kuwait, -30

31 Nasdaq SP KSA

20% UAE 62 50 60

KSA, Dubai, Egypt

Kenya

Kuwait

Nigeria

Others* Frontier

12% 1% Pakistan FY18 FY19 FY20 * Others including: Oman, Lebanon, Jordan, UK and GDRs. *Others include Jordan, Oman and Bahrain. *Others including: Qatar, Oman, Lebanon, Jordan, UK and GDRs. **Based on FY20 figures Fixed Income Fixed 21 Business Lines Overview AM and PE Operational and Financial Overview – FY2020 Asset Management Private Equity

Asset Management AuMs Evolution Private Equity AuMs Evolution

Egypt Regional ≡ The Education platform currently holds a portfolio of 3 investments, namely: (i) a portfolio of 4 schools located in East Cairo, (ii) a new school in AL Rehab In EGP bn In USD bn In USD bn currently under construction, and (iii) a majority stake in Option Travel, the leading transport provider in Egypt; 19.1 1.7 2.1 2.1 ≡ During 2020, UP has successfully closed financial year 16.3 2020 achieving its budget targets. The management 13.0 team realized a full successful turnaround of the 1.5 company within 12 months of RxHM taking control of 0.9 UP, secured compliance with the Ministry of Health best practice GMP guidelines, re-established supply relationships covering +800 hospitals across Egypt, and gained a market share of +10%. 0.2

FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 Asset Management Revenue Private Equity Revenue

Egypt Regional In EGP mn In EGP mn In EGP mn

Management Fees Other Fees* Management Fees Other Fees* Management Fees Other Fees*

468 59 350 366 47 40 278 341 43 151 27 3 18 5 386 310 146 253 44 261 32 38 215 65 81 88 82

FY18 FY19 FY20 FY18 FY19 FY20 FY18 FY19 FY20 * Other Fees includes incentive fees and * Other Fees includes incentive fees and other * Other Fees includes incentive fees, upfront fees and other revenues other revenues revenues 22 Business Lines Overview IB Operational and Financial Overview- FY2020

Investment Banking EMEA Finance Best Investment Bank in Egypt

Advisory and Arrangement of Best Asset Manager in Egypt Advisory and Arrangement of Short-term Bond Debt Arrangement Securitization Bond Issuance Debt Arrangement Best Asset Manager in Pan-Africa Sukuk Issuance (Second Issuance) (Third Issuance) (USD 265,000,000) (USD 13,000,000) (USD 38,138,462) (USD 23,248,408) Best Broker in Egypt (USD 55,591,054) Sole Financial Advisor, (USD 31,826,862) Sole Financial Advisor, Financial Advisor, Lead Manager, Global Financial Advisor, Best Broker in Nigeria Financial Advisor, MLA, Lead Arranger and Arranger and Underwriter Coordinator and Arranger Financial Advisor, MLA, and Best Broker in Kenya Best Debt House in Egypt Bookrunner Bookrunner Underwriter December 2020 December 2020 December 2020 December 2020 December 2020 December 2020 EMEA Finance Middle East Banking Award Undisclosed Buyer Advisory on Financial inclusion award- Middle East Advisory on Advisory on Mandatory Tender Advisory on Debt Financing Securitization Best Broker in the Middle East Mandatory Tender Offer Sale of a 100% of Advisory on Offer and Delisting (Third Issuance) and Delisting Acquisition of a stake in Best Broker in Kuwait (USD 10,126,984) Best Broker in Oman (US$ 27,000,000) (US$ 6,052,630) (USD 126,984,127) Lead Arranger (US$ 77,739,822) Best Broker in UAE (US$ 12,294,359) Financial Advisor Financial Advisor Sell Side Advisor Financial Advisor Financial Advisor Best Broker in KSA November 2020 November 2020 September 2020 November 2020 September 2020 August 2020 Best Asset Manager in UAE Best Equity House in UAE

Advisory on Advisory on Advisory on Securitization Bond Securitization Sale of 97.5% Stake in Global Finance Sale of a 75% Stake in Accelerated Equity Debt Arrangement Bond Offering of a 7.1% stake Financial Advisor, Best Investment Bank in Middle East MLA, and (USD 14,500,000) Best Investment Bank in Egypt Financial(USD Advisor, Underwriter Lead Manager & (US$ 5,363,924) Financial Advisor, 34,450,499) (USD 26,615,785) Best Equity bank in Africa (US$ 50,375,469) Lead Arranger (USD 10,918,641) Sell Side Advisor Arranger Sell Side Advisor Outstanding Crisis Leadership Community Award Sole Bookrunner July 2020 August 2020 July 2020 July 2020 May 2020 April 2020 Global Banking & Finance Award Saudi Arabia Broker of the Year: Global Investor Group MENA Awards Advisory and Advisory on Advisory on Arrangement of Sukuk Initial Public Offering Advisory on Sale of its Tanzanian Oman Broker of the Year: Global Investor Group MENA Awards Issuance Sale of a 43% Stake Subsidiary to (USD 126,984,127) Egypt Broker of the Year: Global Investor Group MENA Awards Sole Financial Advisor, (Undisclosed) Kuwait Broker of the Year: Global Investor Group MENA Awards Lead Arranger, (USD700,000,000) Bookrunner Sell Side Advisor (Undisclosed) Alternative Asset Manager (Vortex Energy): Global Investor and Underwriter Joint Bookrunner Sell Side Advisor Group MENA Awards April 2020 March 2020 January 2020 January 2020 Best Brokerage Services- AGF Service Provides Awards Best Brokerage Services- Mena FM ≡ EFG Hermes’ Investment Banking Investment Banking Revenue division successfully concluded 24 Fastest Growing Leasing Company- International Finance Best Asset Manager Services- Mena FM In EGP mn equity, M&A, and debt transactions in FY20 worth an aggregate value of Fastest Growing Leasing Company- International Finance USD1.7 billion. Best Investment Bank in Egypt- Euro Money 364 327 Research and Asset Allocation Advice Award-Euro money 237 2021 Global Management Awards -#1 MENA ECM League Tables-Refinitiv 23 FY18 FY19 FY20 NBFIs Overview NBFIs Financial Highlights – FY2020

EFG Hermes Revenue Breakdown by Platform

Leasing Revenues, Tanmeyah Revenues, valU Revenues, Factoring Revenues, up 17% Y-o-Y up 3% Y-o-Y up 342% Y-o-Y up 178% Y-o-Y In EGP mn In EGP mn In EGP mn In EGP mn

184 1,077 1,048 111 25 157

9 25

FY20 FY19 FY20 FY19 FY20 FY19 FY20 FY19

NBFIs Revenues Contribution NBFIs Revenue breakdown

Factoring 2% valU Leasing 8% 13% 77%

2% 1% 13% 8% 2%

Leasing Tanmeyah valU Factoring Tanmeyah Revenues of EGP184 mn, Revenues of EGP1.1 bn, Revenues of EGP111 mn, Revenues of EGP25 mn 77% up 17% Y-o-Y up 3% Y-o-Y up 342% Y-o-Y up 178% Y-o-Y

24 Business Lines Overview Leasing and Tanmeyah Operational and Financial Overview – FY2020

KPIs KPIs

EGP4.7 bn EGP4.4 bn EGP3.2 bn EGP3.0 bn 5,075 311,508

Total Outstanding On-books Receivables Value of Total Outstanding Total Staff Total Number of Loans Portfolio Outstanding Portfolio New Contracts Portfolio* Issued

77 EGP2.0 bn 335,110 366,887 14 Number of New Net Financed Amount Total Number of Active Total Number of New Branches in FY20 Contracts for New Contracts Borrowers* Processed Applications

*Figures exclude Tanmeyah’s securitized portfolio.

Leasing Revenue Market Share- FY20 Tanmeyah Revenue In EGP mn Market In EGP mn Rank Company Share 184 1,077 168 1 BM 17% 1,048 157 2 CorpLease 12% 631 3 GB Leasing 10% 4 EFG Hermes Leasing 9% 5 Al Ahly Lease 7%

FY18 FY19 FY20 FY18 FY19 FY20

25 NBFIs Overview valU Operational and Financial Overview – FY2020

KPIs

Factoring Portfolio KPIsEGPEGP8323.7bnmn EGP1.2bn 191,682

TotalTotalOn Outstanding Outstanding-books LimitsOn Activated-books Number of Average Spread OutstandingPortfolioPortfolio Portfolio OutstandingValue Portfolio Downloads 819

Total Outstanding Net Financed Number of new Portfolio Amount clients 195,973 91,234 898

NumberAverage of Number of valU ReceivablesNumber Value of of 369 ArrangementTransactions Fees AverageApp Customers Interest Rate NewMerchants Contracts

77

Average Spread Average Spread FY18 FY19 FY20 USD EUR valU Revenue Factoring Revenue Market Share- FY20 In EGP mn Cairo, Alexandria, In EGP mn 111 Hurghada, Market Tanta, Mansoura, 25 Rank Company Ismailia, Portsaid, Share Assiout & Menoufia 1 Egypt Factors 23%

Existing Governorates 10 9 2 Drive Factoring 18% 25 12 3 QNB Al Ahli Factoring 16%

EFG Hermes 4 14% 2018* 2019 2020 FY18 FY19 FY20 Factoring

*valU began operations in 2018 *Factoring began operations in 4Q2018 26 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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