D I S C L A I M E R NOTE REGARDING FORWARD-LOOKING STATEMENTS: THIS - PowerPoint PPT Presentation

D I S C L A I M E R NOTE REGARDING FORWARD-LOOKING STATEMENTS: THIS DOCUMENT CONTAINS STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, “ FORWARD-LOOKING STATEMENTS ” WHICH ARE NOT HISTORICAL FACTS BUT RATHER ARE STATEMENTS OF FUTURE EXPECTATIONS AND PROJECTIONS BASED ON MANAGEMENT ’ S VIEWS AND ASSUMPTIONS REGARDING TRENDS IN THE EGYPTIAN, MIDDLE EASTERN, EUROPEAN AND INTERNATIONAL FINANCIAL MARKETS AND REGIONAL ECONOMIES, THE POLITICAL CLIMATE IN WHICH THE COMPANY OPERATES AND OTHER FACTORS. THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS “ ANTICIPATES, ” “ BELIEVES, ” “ ESTIMATES, ” “ EXPECTS, ” “ INTENDS, ” “ MAY ” OR “ SHOULD, ” OR, IN EACH CASE, THE NEGATIVE OR OTHER VARIATIONS OR COMPARABLE TERMINOLOGY OR BY DISCUSSIONS OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. FORWARD-LOOKING STATEMENTS APPEAR IN A NUMBER OF PLACES THROUGHOUT THIS DOCUMENT AND INCLUDE STATEMENTS REGARDING MANAGEMENT ’ S INTENTIONS, BELIEFS OR CURRENT EXPECTATIONS CONCERNING, AMONG OTHER THINGS, THE COMPANY ’ S RESULTS OF OPERATIONS, FINANCIAL CONDITION, LIQUIDITY, PROSPECTUS, GROWTH, STRATEGIES AND DIVIDEND POLICY AND THE DEVELOPMENT OF INDUSTRIES IN WHICH THE COMPANY OPERATES. THESE FORWARD-LOOKING STATEMENTS ARE SUBJECT TO A NUMBER OF RISKS AND UNCERTAINTIES, MANY OF WHICH MAY BE BEYOND THE COMPANY ’ S CONTROL. THEREFORE, IMPORTANT FACTORS MAY BE OF CONSEQUENCE TO THE COMPANY ’ S ACTUAL FUTURE RESULTS INSOFAR THAT THEY MAY DIFFER MATERIALLY FROM EXPECTATIONS. ALL FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS DOCUMENT. NEITHER THE COMPANY, THE SHAREHOLDERS NOR THE SELL-SIDE ADVISOR UNDERTAKE ANY OBLIGATION TO UPDATE, REVISE, OR STATE PUBLICLY ANY CHANGE IN FORWARD-LOOKING STATEMENTS, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS, OR OTHERWISE. ALTHOUGH THE COMPANY BELIEVES THAT THE PLANS, INTENTIONS, AND EXPECTATIONS REFLECTED IN, OR SUGGESTED BY, THE FORWARD-LOOKING STATEMENTS MADE IN THIS DOCUMENT ARE REASONABLE, THE COMPANY MAY NOT ULTIMATELY ACHIEVE SUCH PLANS, INTENTIONS, OR EXPECTATIONS. THESE CAUTIONARY STATEMENTS QUALIFY ALL FORWARD-LOOKING STATEMENTS ATTRIBUTABLE TO THE COMPANY OR ANY PERSON(S) ACTING ON ITS BEHALF. BY ACCEPTING RECEIPT OF THIS DOCUMENT, THE INVESTOR ACKNOWLEDGES ITS STRICT CONFIDENTIALITY. THIS DOCUMENT MAY NOT BE COPIED, REPRODUCED, OR DISTRIBUTED TO OTHERS AT ANY TIME WITHOUT PRIOR WRITTEN CONSENT OF THE SELL-SIDE ADVISOR.

FY 2018 Investor Presentation 3 S A R W A C A P I T A L I N N U M B E R S 1 7 + E G P 1 8 B n + 1 0 0 K + E G P 1 4 B n + Y e a r s i n F i n a n c e d C l i e n t s S e c u r i t i z a t i o n C o n s u m e r C r e d i t s i n c e i n c e p t i o n S e r v e d I s s u a n c e s 0 . 3 % 1 , 8 0 0 + 1 4 0 K 3 8 % S u s t a i n a b l e D e f a u l t R a t e P o i n t s o f S a l e L o a n s a p p r o v e d R e p e a t C u s t o m e r s

FY 2018 Investor Presentation 4 S C O P E O F B U S I N E S S 01 02 03 R E T A I L F I N A N C E E N T E R P R I S E F I N A N C E I N S U R A N C E Life & General Insurance Auto Credit Debt Capital Market Advisory Insurance Brokerage Consumer Credit Fixed Income Treasury Retail Insurance Residential Mortgage Leasing Third Party Administration Home Finishing Credit Factoring

Own Brands 5 K E Y B R A N D S ▪ Egypt ’ s largest consumer and structured White Labelled Brands finance provider ▪ Sarwa operates under its own brands in addition to other white-labeled brands in partnership with major Egyptian Partnerships Corporations. ▪ A track record of over 17 years in consumer finance focused mainly on asset based lending to retail clients.

Delta 394 6 Port Said 13 Alexandria 184 C O N S U M E R C R E D I T W I T H N A T I O N W I D E R E A C H Giza 372 Cairo 640 Sharm El Sheikh 8 Hurghada 51 Upper Egypt 154

FY 2018 Investor Presentation 7 L E A D E R S I N S T R U C T U R E D F I N A N C E 1 2 3 4 5 6 7 Managed Issued at height Issued during Largest size bond First real estate of financial crisis - Issued 4 months political unrest including first Egypt ’ s Largest majority First Securitization receivables- with a creative after January (constitutional refinancing of Ever Securitization of securitization in Egypt backed interest rate 2011 revolution declaration) in existing Issuance bonds issued securitization structure December 2012 securitization since 2005 24 Bond Fixed Rate Bond Floating Rate Fixed Rate Bond Fixed Rate Bond Fixed Rate Bond Fixed Rate Bond Fixed Rate Bond Issuances Bond totaling EGP 14bn + EGP 140mn EGP 392mn EGP 350mn EGP 814mn EGP 899mn EGP 201mn EGP 2,030mn Lead Manager Lead Manager Lead Manager Lead Manager Lead Manager Lead Manager Lead Manager A – AA+ Credit Rating December 2005 December 2008 June 2011 December 2012 June 2014 January 2015 April 2018

FY 2018 Investor Presentation 8 S A R W A C A P I T A L ’ S U N I Q U E B U S I N E S S M O D E L Distribution Origination & Underwriting Servicing Funding Cost Funding Origin Credit Risk Collec Securitization Customer Asset Brand Reach of Partnerships Relationships Manageme Sources ation -tion Expertise Service Knowledge Loyalty Capital -nt Nationwide reach through a network ▪ Proprietary credit assessment process Funding and discounting credit Fully automated collection process ▪ ▪ ▪ of brand partnerships and indirect Internal credit scoring system facilities with over 10 banks with direct debit as the primary ▪ relationships Well trained team with expertise in Sarwa is the leading securitization collection method ▪ ▪ A number of partnerships offering whit ▪ investigations and fraud detection player in Egypt, having completed the A customer service model focusing on ▪ e labelled products to enhance Assessment of target sectors and assets first securitization in 2005 and customer experience to enhance ▪ brand loyalty as part of the loan approval process 24 securitization transactions ever since customer retention and create brand Introduction of various novel solutions ▪ loyalty to enhance customer experience

FY 2018 Investor Presentation 9 S A R W A C A P I T A L ’ S O W N E R S H I P S T R U C T U R E Free Float 7.11% Bahubaish Family 7.58% 43.64% Egyptian American Milton Financial Enterprise Fund Ownership 11.67% Structure Orascom Investment Holding 30%

F I N A N C I A L H I G H L I G H T S O F F Y 2 0 1 8

F I N A N C I A L H I G H L I G H T S O F F Y 2 0 1 8 11 Financing revenue EGPmn Insurance Revenue EGPmn Net interest income EGPmn 1,393 90 418 78 326 939 59 568 159 39 445 107 2015 2016 2017 2018 2015 2016 2017 2018 2015 2016 2017 2018 Net Income EGPmn Cost to Income Net Operating Income EGPmn 283 715 33.6% 33.3% 545 187 22.7% 22.8% 269 95 210 69 2015 2016 2017 2018 2015 2016 2017 2018 2015 2016 2017 2018 ROAE Shareholders' Equity EGPmn ROAA 5.0% 1,616 30% 4.3% 32% 27% 3.2% 3.2% 24% 674 504 280 2015 2016 2017 2018 2015 2016 2017 2018 2015 2016 2017 2018

12 F I N A N C I A L H I G H L I G H T S O F F Y 2 0 1 8 - P O R T F O L I O Portfolio Breakdown 2018 Vs 2017 On & Off BS Portfolio in 2018 EGPmn 7,000,000 On Bs Off Bs 2% 9% 6,000,000 2018 6% 5,000,000 8% 1% 3% 2% 4,000,000 1% 2017 3,000,000 2,000,000 86% 1,000,000 82% - Mar-12 Jun-12 Sep-12 Dec-12 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Auto loan Getgo Mortgage Leasing Others

13 F I N A N C I A L H I G H L I G H T S O F F Y 2 0 1 8 Consumer Credit in 2018 Leasing in 2018 Mortgages in 2018 Auto Credit in 2018 ▪ Volumes grew 38% while re- focusing on the business on ▪ Grew by 239% in 2018 three segments: ▪ Continued growth by 17% in ▪ Substantial growth in the value ▪ Transportation - SMEs 2018 of transactions up by 73% in ▪ Growth driven mainly by the ▪ Medical - SMEs 2018 launch of the low and middle- ▪ Structured deals ▪ Turbulent market conditions in income products according Q4 due to expectations in ▪ No. of transactions up by 91% to the CBE initiatives ▪ Construction and generic custom duty changes, and YoY corporate leasing lines were the continued fallout from ▪ 1,846 low-income housing discontinued currency and interest rates ▪ Substantial enhancements in loans disbursed affecting market players the product platform ▪ Average contract value underway ▪ Acquisition of retail portfolios dropped to EGP 625 thousand from developers in 2018 from EGP 1.2 million in 2017 New financing extended up 25% to EGP 4.3 billion in FY 2018

14 F I N A N C I A L H I G H L I G H T S F Y 2 0 1 8 - I N S U R A N C E Insurance Performance in 2018 145 ▲ 35% Insurance in 2018 107 ▲ 41% 63 1 45 Retail continues to be the primary focus of insurance activities with 57% of the total number of insurance policies. Insurance Premiums No. of Policies '000 EGP'000 2 FY2017 FY2018 Net Insurance Income EGP ’ 000 Revenues up by 15% to EGP 90 million with premiums rising by 35% to EGP 145 million. 39 3 32 Sarwa Insurance and Sarwa Life Insurance business to begin operations in Q2 2019 following receipt of final regulatory approvals. 2017 2018