August 2020 2 DISCLAIMER THIS PRESENTATION DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, AN OFFER TO SELL OR TO ISSUE ANY SECURITIES OR SOLICITATION OF AN OFFER TO PURCHASE, SUBSCRIBE OR SELL SECURITIES IN ANY JURISDICTION OR AN INDUCEMENT TO ENTER INTO INVESTMENT ACTIVITY. IT IS SOLELY FOR USE AS AN INVESTOR PRESENTATION AND IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. THE PRESENTATION DOES NOT CONTAIN ALL OF THE INFORMATION THAT IS MATERIAL TO AN INVESTOR. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the limitations set out below. Neither DP World Limited ("DP World") nor any other person or party is under any obligation to update or keep current the information contained herein. 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The opinions and information presented herein are based on general information gathered at the time of writing and are subject to change without notice at any time. Past performance is not necessarily indicative of future results. For industry-related information, DP World relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness and no representation or warranty, express or implied, is made with respect thereto. This presentation is not intended to provide the basis for any credit or any third party evaluation of DP World and should not be relied upon for investment decision purposes. 3 OUR JOURNEY FROM LOCAL PORT Supply Chain Solution OPERATOR TO SUPPLY CHAIN SOLUTION Global Port Operator 2005 - 2017 Provider PROVIDER 2018 - Present 2005/6. CSX World Terminals and The Dubai Maritime City and Drydocks World Local Port Operator Regional Port Operator Peninsular & Oriental Steam Navigation acquisitions (UAE). Company (P&O) acquired. Global network and 1972 - 1998 1999 - 2004 market position increased. Created investment platform with NIIF to invest up to US$ 3bn in ports, logistics and 2007. DP World lists on Nasdaq Dubai. related sectors in India. 1972. Development of Port Rashid (UAE). 1999. Dubai Ports International FZE (DPI) formed. 2013. Opening of London Gateway (UK) deep Acquisition of Cosmos Agencia Maritima, a 1979. Opening of Jebel Ali Port (UAE). sea port and logistics park. fully integrated logistics services provider 2000. Concession won in Jeddah (KSA) and (Peru). 1991. Port Rashid and Jebel Ali combine Doraleh (Djibouti). 2014. Opening of Jebel Ali Terminal 3 (UAE), creating Dubai ports Authority (DPA). one of the largest semi-automated facilities in Acquisition of Continental Warehousing 2002 – 2004. Concessions won in the world. Corporation (India) an integrated multimodal Visakhpatnam (India), Constanta (Romania) logistics company. and Cochin (India). 2015. Economics Zones World FZE (EZW) acquired. Acquisition of Unifeeder, an integrated logistics company with the largest and best 2016. Consolidated stake in Pusan Newport connected feeder and growing shortsea (South Korea) with 66% ownership. network in Northern Europe. 2017. Consolidate DP World Santos Acquisition of Topaz Energy and Marine (Brazil) with 100% ownership. Limited, a leading international marine logistics services and solutions company to the global energy industry. De-listed from stock exchange. DP World Overview ESG Container Industry Overview Throughput and Financials Business Development 4 SUPPLY CHAIN SOLUTION PROVIDER – FULLY INTEGRATED ACROSS THE SUPPLY CHAIN Extending the core Connecting directly Providing technology Improve business to play a wider with cargo owners & led solutions to remove quality of earnings role in the supply chain aggregators of demand inefficiencies and drive returns DP World Overview ESG Container Industry Overview Throughput and Financials Business Development 5 DP WORLD PORTS OVERVIEW Global network of 9 new 55% of total revenue 127 business units 9% market developments generated by port 51 countries across share and major expansions operations DP World manages 95 million TEU capacity 6 continents Approximately 75% of our volumes Strong presence in generated from emerging or Diversified key East- West trade frontier markets in 2019 portfolio DP World focuses on the faster growing route markets and key trade routes Over 70% of our gross volumes Shipping lines do not dictate our were O&D in 2019 and have to go volumes – imports and exports do DP World focuses on origin and destination through our ports cargo which has pricing power Average life of port Very high concessions is DP World operates container terminals through barriers to entry approximately 36 years long term concession agreements DP World Overview ESG Container Industry Overview Throughput and Financials Business Development Innovation 6 ❑ Intelligent yard system storing containers 11 stories high. ❑ Each container individually ❑ Delivering goods at accessible: significant the speed of air improvements in efficiency, transport and the capacity and safety. cost of land ❑ Proof of Concept under transport. construction in Jebel Ali, commercial roll out from 2020 to DPW & other port operators. Mawani Portal CFS Freight Transport Blockchain Initiative Operators Forwarders Companies ❑ Blockchain is an open source technology that can support supply chain solutions. ❑ DPW to develop a suite of Exporters & Customs Government solutions for BCOs addressing Importers pain points and offering a range of value propositions. ❑ DPW to integrate port and other logistics infrastructure Shipping Terminal Port into solutions for BCOs. Lines Operators Authority DP World Overview ESG Container Industry Overview Throughput and Financials Business Development20 REVENUE DIVERSIFICATION* OVER TIME 7 2014 2017 2019 80% 70% 55% Containerized Containerized Containerized 20% 30% 45% Non-containerized Non-containerized Non-containerized 20% 30% 45% 80% 70% 55% * Rounded figures. DP World Overview ESG Container Industry Overview Throughput and Financials Business Development 8 2019 REVENUE AND EBITDA MIX* 2019 REVENUE 2019 EBITDA 15% 35% 55% 70% 15% Ports & Terminals Ports & Terminals 55% 70% 10% 10% 15% Parks & Economic Zones Parks & Economic Zones 35% 15% Logistics & Maritime Logistics & Maritime * Rounded figures. Does not include land sales. DP World Overview ESG Container Industry Overview Throughput and Financials Business Development 9 CLIENT MIX CHANGE Beneficial Cargo Owners Traditional Container Customers ▪ Shipping Lines ▪ Automotive ▪ Logistics and Transportation ▪ Oil & Gas ▪ FMCG ▪ Manufacturers ▪ Consumer Staples DP World Overview ESG Container Industry Overview Throughput and Financials Business Development 10 OUR GLOBAL FOOTPRINT 127 BUSINESS UNITS IN 51 COUNTRIES ACROSS 6 CONTINENTS IMF World Economic Outlook Real GDP Growth 2021 Projections <0 0-4% 4-6% +6% EM & Frontier 5.9% Advanced Economies