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DXB Entertainments Investor Presentation DXB Entertainments PJSC Investor Presentation August | 2017 Disclaimer PRESENTATION AND ITS CONTENTS ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO ANY JURISDICTION WHERE SUCH DISTRIBUTION IS UNLAWFUL. This presentation has been prepared and issued by DXB Entertainments PJSC (the “Company”). For the purposes of this notice, “presentation” means this document, its contents or any part of it, any oral presentation, any question or answer session and any written or oral material discussed or distributed during the presentation meeting. The information set out in this presentation may be subject to updating, revision, verification and amendment and such information may change materially. Neither the Company, any of its parent or subsidiary undertakings, the subsidiary undertakings of such parent undertakings, nor any of such person’s respective directors, officers, employees, agents, affiliates or advisers is under an obligation to update or keep current the information contained in this presentation to which it relates or to provide the recipient of with access to any additional information that may arise in connection with it and any opinions expressed in this presentation are subject to change without notice. None of the Company or any of its parent or subsidiary undertakings, or the subsidiary undertakings of such parent undertakings, and any of such person’s respective directors, officers, employees, agents, affiliates or advisers shall have any liability whatsoever (in negligence or otherwise) for any loss whatsoever arising from any use of this presentation, or otherwise arising in connection with this presentation. This presentation is an advertisement for the purposes of the United Kingdom Prospectus Rules and the information contained herein are not an offer of securities for sale in the United States nor any other jurisdiction. This presentation does not constitute or form part of, and should not be construed as, any offer, invitation, solicitation or recommendation to purchase, sell or subscribe for any securities in any jurisdiction nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. This presentation is for information purposes and convenient reference. It is not definitive advice, nor should it be relied upon as such. This presentation does not purport to contain all of the information that may be required to evaluate any potential transaction and should not be relied on in connection with any such potential transaction. Any projection, estimate, forecast or other ‘forward-looking’ statement in this presentation only illustrates hypothetical performance under specified assumptions of events or conditions, and is not a reliable indicator of future performance. To the extent available, the industry and market data contained in this presentation may have come from official or third party sources. Such third party industry publications, studies and surveys generally state that the data contained therein have been obtained from sources believed to be reliable, but that there is no guarantee of the accuracy or completeness of such data. While the Company believes that each of these publications, studies and surveys has been prepared by a reputable source, the Company has not independently verified the data contained therein. In addition, certain of the industry and market data contained in this presentation come from the Company's own internal research and estimates based on the knowledge and experience of the Company's management in the market in which the Company operates. While the Company generally believes that such research and estimates are reasonable and reliable, they, and their underlying methodology and assumptions, have not been verified by any independent source for accuracy or completeness and are subject to change without notice. Accordingly, undue reliance should not be placed on any of the industry or market data contained in this presentation. You agree to be bound by the foregoing limitations and conditions and, in particular, will be deemed to have represented, warranted and undertaken that you have read and agree to comply with the contents of this notice. LEGO ®, the LEGO logo and LEGOLAND ® are trademarks of the LEGO Group. ©2017 The LEGO Group. LEGOLAND IS A PART OF MERLIN ENTERTAINMENTS plc. 2 Company Overview 3 About DXB Entertainments PJSC DXB Entertainments PJSC is a Dubai headquartered Leisure and Entertainment Company listed on the Dubai Financial Market under the trading symbol DXBE. DXBE is the owner of Dubai Parks and Resorts, the regions largest integrated theme park destination, with Five Theme Parks*, Two Hotels*, and One retail and dining facility all spread over 30.6 million sq.ft of land, with an estimated AED 13.2 billion in development costs. DXBE also manages 6 Dubai-based mid-way attractions in addition to a chain of cinemas, all owned by Meraas. 8.0b 5.2b 6.2b AED 8 billion equity AED 5.2 billion financing AED 6.2 billion market cap DXB Entertainments has DXB Entertainments PJSC is DXB Entertainments has raised AED 4.2 billion through listed on the Dubai Financial raised AED 6.3 billion in a financing facility for Phase I Market and has a market cap equity through an IPO in 2014, for DPR, and an additional of AED 6.2 billion as at 31 July and an additional AED 1.7 AED 1 billion for Phase II. 2017. billion through a rights issue in 2016. * Phase II expansion, Six Flags Dubai opening in 2019 and LEGOLAND Hotel after 2018. LEGO, the LEGO ® logo and LEGOLAND ® are trademarks of 4 the LEGO Group. ©2015 The LEGO Group. LEGOLAND IS A PART OF MERLIN ENTERTAINMENTS plc. DXB Entertainments Since Inception The official inauguration of Dubai Parks and Resorts in December 2016 concluded a five-year journey and marked the end of construction of Phase I AED 0.9b AED 4.2b Secured AED Agreement Secured AED 4.2 993 million in billion syndicated financing facility with Meraas to finance facility for Six Flags manage select L&E assets AED 2.6b AED1.7b Successful Rights issue for LEGOLAND® Hotel completion of Six Flags Dubai Dubai to open AED 2.6 billion successfully adjacent to LEGOLAND® Dubai. IPO completed Company moves into operational DreamWorks zone in phase as MOTIONGATE unveiled to the Agreed major LEGOLAND® Dubai public partnerships with and Riverland™ Broke ground on globally Dubai opened 31 Planned to open in Dubai Parks Dubai Financial Market listing Six Flags Dubai recognised October late 2019, Six Flags and Resorts brands, including Dubai will be the project Ground work commenced Lionsgate fifth theme park at announced on site the Dubai Parks and Launched ‘Helmi’ DPR’s first ride – Resorts destination, scholarship The Dragon and will include programme, Coaster DXB Official over 20 ridesand offering Emiratis installed at Entertainments inauguration of Lapita Hotel and LEGOLAND attractions for all training in LEGOLAND® name change DPR on 18th Water Park open to the public ages across six Orlando, USA Dubai completed December on 2 January themed zones. 2012 2014 2015 2016 2017 THE FUTURE CUMULATIVE PLANNED Project Spend AED 2.6B AED 5.8B AED 10.5B Project Spend AED 2.7B 5 The largest leisure and entertainment company in the region Family Retail and Theme Parks Entertainment Centers Hospitality Coming Soon * Phase II expansion, Six Flags Dubai opening in 2019 and LEGOLAND Hotel after 2018. LEGO, the LEGO ® logo and LEGOLAND ® are trademarks of 6 the LEGO Group. ©2015 The LEGO Group. LEGOLAND IS A PART OF MERLIN ENTERTAINMENTS plc. Shareholding structure Shareholder composition As at 31 July 2017 A Dubai-based holding company established in 2007, with operations and assets in the UAE and overseas Has access to a huge land bank in prime locations throughout Dubai Has launched several projects in the tourism, retail, hospitality, leisure and entertainment sectors Is focused on introducing new and unique Meraas 52% products to the market Qatar Holding 11% Kuwait Investment Authority 5% Is committed to the success of DXB Institutional 22% Entertainments Retail 10% Sources: Meraas, Company information, Other public sources. Shareholder structure as at 31 July 2017. 7 Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures Business Units 8 Theme Parks DXB Entertainments owns five theme parks at Dubai Parks and Resorts 27 rides and attractions 40 rides and attractions 20 slides and attractions Largest Hollywood movie inspired themed Where LEGO® bricks come to life, the ultimate The region’s only water park designed for park in the region, targeting all age groups and theme park for families with children aged 2-12, families with children aged 2-12, with over 20 nationalities. IP partners include DreamWorks, with over 15,000 LEGO® models made from 60 LEGO themed water slides and attractions. Colombia Pictures, The Smurfs and Lionsgate. million LEGO® bricks. Operated: Parques Reunidos Servicios Centrales Operated: Merlin Entertainments plc Operated: Merlin Entertainments plc Dubai International Airport 16 rides and attractions The world’s first Bollywood movie themed park, focused on action, dance, romance and flavours 63 based on some of the biggest Bollywood km blockbusters. Operated: Parques Reunidos Servicios Centrales 20 20 rides and attractions km The regions first Six Flags themed park which 16 km will offer high thrill entertainment for all ages Dubai World Central
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