Investors Presentation Investors Presentation January 2014 Agenda - - PowerPoint PPT Presentation

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Investors Presentation Investors Presentation January 2014 Agenda Agenda Company Synopsis Performance 9M13 vs. 9M12 Mission & Vision Performance by LoB 2009 9M13 Values Performance by Branch 2009 9M13

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Investors’ Presentation Investors’ Presentation

January 2014

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EGYTRANS Investors’ Presentation January 2014

Agenda Agenda

Company Synopsis

Mission & Vision

Values

Background

Affiliates & Subsidiaries

Key Corporate Milestones

Shareholders’ Structure

Lines of Business (LoB)

Policies, Certificates & Systems

Corporate Governance

Corporate Social Responsibility

Strategic Planning

Integrated Management System

IT Systems

Consolidated Financial & Operational Performance

Performance 2007‐9M13

Performance 2012 vs. 2011

Performance 9M13 vs. 9M12

Performance by LoB 2009‐9M13

Performance by Branch 2009‐9M13

Important KPIs

Strategic Position & Direction

Market Position

Capex Plan

Future Outlook

SWOT Analysis

Share Performance

Data & Info 2008‐2013

Performance ‐ 2013

Relative Performance ‐ 2013

Relative Performance ‐ Post June 30, 2013

Why Invest in EGYTRANS?

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Company Synopsis Company Synopsis

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EGYTRANS Investors’ Presentation January 2014

Mission & Vision Mission & Vision

 Mission

 We make integrated transport easy, safe and cost‐effective.

 Vision

 We will be the preferred partner for integrated global

transport services and solutions in Egypt, providing the best value to customers, employees and shareholders.

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EGYTRANS Investors’ Presentation January 2014

Values Values

 Integrity: We always live up to our promises and treat everyone

with respect, dignity and honesty. We hold ourselves to the highest moral and ethical standards and we are committed to provide consistent and reliable services in everything we do. We uphold our duty to the society in which we live and work. We are committed to protect environmental and natural resources, provide safe workplaces and use safe processes and equipment.

 Innovation: We excel in designing innovative solutions to

  • vercome obstacles and fulfill our customers’ needs while utilizing

resources in the most productive way.

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EGYTRANS Investors’ Presentation January 2014

Values Values

 Learning & Personal Growth: We believe that our learning and

growth as an organization is based on the learning and growth of each one of us. We seek to improve continually as a company and as individuals.

 Building Partnerships: Our customers’ success is the main driving

force behind everything we do. We partner with our customers by making an effort to learn their needs and proactively seeking new ways to meet them. We believe in building mutually rewarding and lasting relationships with our suppliers and with each other. Each team member complements and completes the rest of the team.

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EGYTRANS Investors’ Presentation January 2014

Background Background

EGYTRANS was established in September 1973 as a Limited Liability Company under the Open Door policy. In January 1987, the legal framework was changed to an S.A.E. company under the umbrella of Law 159 for the year 1981 and its regulations. However, its experience in transport activities dates back to 1939 as a continuation of Gamal El Din Leheta & Co.

When established, the company’s paid‐in capital was EGP10,000. The capital has developed over the years to reach EGP 156.1 mn currently with an authorized capital of EGP 1,000 mn. Capital is distributed over 15.61 mn shares with a par value of EGP 10/share.

The mix of shareholders expresses the attention of different types of investors including foreign, Arab and local. The structure also comprises both institutions (Foreign ‐ Arab ‐ Local) and retail (Arab – Local).

EGYTRANS has 320 employees in its 8 branches and another 235 in its 6 affiliates and subsidiaries.

For more about EGYTRANS, please visit: ir.egytrans.com

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EGYTRANS Investors’ Presentation January 2014

Affiliates & Subsidiaries Affiliates & Subsidiaries

Source: EGYTRANS

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EGYTRANS Investors’ Presentation January 2014

ETAL (Subsidiary) ETAL (Subsidiary)

Egyptian Transportation & Logistics (ETAL) was established in 1982 under the umbrella of the Internal Investment System Law 343 for the year 1974.

In December 2012, ETAL increased its authorized capital from EGP 25 mn to EGP 250 mn, while its paid‐in capital was increased by EGP 17 mn to reach EGP 25 mn distributed over 25 mn shares.

The company’s main activity is the transport of all types of cargo with exceptional dimensions and weights using its extensive and versatile fleet of specialized trucks and trailers.

ETAL has obtained certificates for ISO 9001/2008, ISO 14001/2009 and OHSAS 18001/2007.

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EGYTRANS Investors’ Presentation January 2014

EDS (Subsidiary) EDS (Subsidiary)

Global Depot Solutions (GDS) was established in September 2009 under Law 159 for the year

  • 1981. In February 2012, EGYTRANS fully acquired the company by buying the remaining 25%

and changed the name to EGYTRANS Depot Solutions (EDS).

The company’s authorized capital is USD 5 mn and the paid‐in capital currently stands at USD 1.5 mn distributed over 150,000 shares.

EDS is the first company in Egypt to provide cleaning, repair, storage and maintenance services for ISO Tank containers in accordance with international standards. EDS established its first depot on the Alexandria‐Cairo desert road and has ambitious expansion plans for the future.

EDS has obtained certificates for ISO 9001/2008, ISO 14001/2009 and OHSAS 18001/2007.

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EGYTRANS Investors’ Presentation January 2014

ERP (Subsidiary) ERP (Subsidiary)

EGYTRANS River Ports (ERP) was established in May 2009 under Law 159 for the year

  • 1981. The company is currently in the process of obtaining all required licenses to start

its activities.

It has an authorized capital of EGP 100 mn with a current paid‐in capital of EGP 25 mn distributed over 250,000 shares.

The company’s main purpose is to manage, develop and operate river ports and container terminals in Egypt. It will also provide all related port services including storage, stevedoring, transport and repair.

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EGYTRANS Investors’ Presentation January 2014

EBL (Subsidiary) EBL (Subsidiary)

EGYTRANS Barge Link (EBL) was established in May 2009 under Law 159 for the year 1981.

It has an authorized and paid‐in capital of EGP 2.5 mn distributed over 25,000 shares.

The company’s main purpose is to transport cargo and containers to and from sea ports and terminals over Nile river navigation routes using a licensed fleet of barges in addition to transporting cargo and containers by land when needed.

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EGYTRANS Investors’ Presentation January 2014

Red Sea Red Sea Ports Joint Venture (Subsidiary) Ports Joint Venture (Subsidiary)

In 4Q13, EGYTRANS won a bid after a competition with 6 companies to establish a new joint venture company with the Red Sea Ports Authority.

According to the offer, 80% of the new company will be owned by EGYTRANS, while the remaining 20% will be owned by the Authority.

The new company will start at El Sokhna sea port by offering a wide array of port and logistics services to be extended later to the remaining sea ports under the supervision and management of the Authority.

The company is expected to be established and begin effective operations during 2014

  • r early 2015.

EGYTRANS is currently in the process of preparing legal documents, agreements, contracts and appropriate financial feasibility studies for the project.

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EGYTRANS Investors’ Presentation January 2014

Barwil EGYTRANS & Scan Barwil EGYTRANS & Scan Arabia (Affiliates) Arabia (Affiliates)

Barwil EGYTRANS was established in August 1995 and Scan Arabia in June 1998. Both were established under Law 159 for the year 1981.

The purpose of both companies is representing vessel owners/operators and shipping lines in Egyptian sea ports and terminals and acting as shipping agents for various multinational shipping lines. Their activities extend to include stevedoring, insurance, renting & operating cargo transport, owning & renting vessels and ships and marine units of different types and ship bunkering.

EGYTRANS currently owns 30% in each of the two companies.

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EGYTRANS Investors’ Presentation January 2014

Key Corporate Key Corporate Milestones Milestones

Source: Egytrans

2 0 0 7

  • Established Corporate Governance & Risk Management in addition to Int'l Forwarding

departments

  • Attained ISO 10002 certification
  • EGYTRANS selected by IFC as a leader in terms of Corporate Governance in the MENA

region

2 0 0 8

  • A 1.5: 10 stock dividend declared to shareholders
  • IR website launched
  • EGYTRANS granted an honorary award in the annual disclosure competition for the best

annual report and website

  • Int'l Forwarding department launched the TIS activity

2 0 0 9

  • EGYTRANS won the GTM/ EGX best Corporate Governance award
  • BoD approved establishment of new subsidiaries ERP, EBL and GDS
  • EGYTRANS awarded the best disclosure award for 2008 and joined the UN Global

Compact

  • EGM approved increasing EGYTRANS authorized and paid-in capital to EGP 1 bn and

EGP 256.1 mn, respectively

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EGYTRANS Investors’ Presentation January 2014

Key Corporate Key Corporate Milestones Milestones

Source: Egytrans

  • Shareholders to subscribe to the EGP100-n capital increase to EGP156.1mn
  • EGYTRANS sold 25% stake of GDS to Oversight Enterprises LTD
  • EGYTRANS increased GDS and ETAL capitals to USD 0.8mn and EGP 8 mn, respectively
  • Obtaining the Armed Forces approval for ERP to own land in river bank within Greater

Cairo area

  • GDS started its operations
  • ERP reached an agreement with Qalioubeya governorate on the costs of roads required for

the planned river port project

  • EGYTRANS awarded the 2nd best CG, CSR and environmental practices for 2010
  • Adding automotive spare parts and foodstuffs to Port Said Free Zone

2 0 1 0 2 0 1 1

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EGYTRANS Investors’ Presentation January 2014

Key Corporate Key Corporate Milestones Milestones

Source: Egytrans

2 0 1 2 2 0 1 3

  • Approved the 5-year Business Plan (2013-17)
  • ETAL added new & versatile equipment & trucks to its fleet. It also studied adding new

Lifting & Installation activity

  • EDS added a new dryer and cleaning machines to improve its tanks turnover process
  • EGYTRANS finalized a study to invest in a Bonded Warehouse in Al Adabeya sea port
  • EGYTRANS completed negotiations with Red Sea Port Authority to establish a joint venture

company, which will provide various logistics services in El Sokhna sea port

  • EGYTRANS attended the 1st Med Ports Conference
  • Clearance, Shipping Agency services and Cars Storage in Free Zone licenses renewed
  • Signed an agreement with Logic consultancy to develop and improve the HR systems and

review the company’s organizational structure

  • Implemented Oracle Transportation Management and integrated it with Oracle E-business

Suite in preparation for go live in early 2014. OTM is one of the most advanced and comprehensive systems in the field of integrated transport and logistics.

  • Implemented 1st phase of Cisco Unified Communications (VoIP, Webex, Videoconferencing)
  • EGYTRANS fully acquired GDS and changed its name to Egytrans Depot Solutions (EDS).

Capital was raised to USD 1.5 mn.

  • Testing the Libyan market for potential investments and operational opportunities.
  • ETAL started expansion program for its fleet and equipment
  • GAFI approved the renewal of Port Said Free Zone license for 2 years till December 2014

and reactivated the car licenses

  • EDS added new advanced equipment to meet the increasing demand
  • EGYTRANS was fined an EGP 18 mn penalty for a lawsuit initiated in 2003
  • ETAL listing on Nilex initially approved in cooperation with First Company as a sponsor
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EGYTRANS Investors’ Presentation January 2014

Shareholder Structure Shareholder Structure

Source: Egytrans

Leheta Family, 17.1% National Investment Bank, 25.3% Free Float, 23.2% Foreign Institutions, 0.9% Arab Individuals, 1.7% Egyptian Institutions, 4.9% Arab Institutions, 8.6% Egyptian Individuals, 18.4% Other, 34.5%

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EGYTRANS Investors’ Presentation January 2014

Lines of Business Lines of Business

The company offers a wide array of services in the field of integrated transport:

Customs Clearance

Project Logistics & Specialized Transport

Sea Freight.

Air Freight

Consolidation (LCL)

Warehousing (Bonded Warehouse and Free Zone)

Transit

Chartering

Exhibitions

Others including Packing, Land Transport and Insurance

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EGYTRANS Investors’ Presentation January 2014

Customs Clearance Customs Clearance

EGYTRANS offers customs clearance services for all types of cargo including general, break bulk, containerized or Ro/Ro cargo.

It employs a specialized highly qualified team for this purpose which helps to save time and offers high quality service.

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EGYTRANS Investors’ Presentation January 2014

Projects Projects

EGYTRANS specializes in logistical solutions for mega projects including transport of sensitive equipment and packages of exceptional weight or dimensions. The company has a highly trained and specialized team that carries out detailed road surveys and logistical studies to determine the best transport method and route for each piece of

  • cargo. The team then supervises any work required to reclaim or strengthen any part of

the route or remove obstacles along the path before carrying out the transport.

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EGYTRANS Investors’ Presentation January 2014

Sea Freight Sea Freight

EGYTRANS is able to ship all types of cargo including general, break bulk, containerized

  • r Ro/Ro cargo to and from any part of the world at competitive tariffs in addition to

issuing its own Suez Gulf Line NVOCC bills of lading.

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EGYTRANS Investors’ Presentation January 2014

Air Freight Air Freight

EGYTRANS provides a quick and easy air freight service at competitive rates. Our service includes import, export, consolidation and hanging garment containers.

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EGYTRANS Investors’ Presentation January 2014

Consolidation Consolidation

EGYTRANS offers weekly consolidation services from Egypt to over 400 worldwide destinations with receiving stations in Cairo and Alexandria. Consolidation groups many small sea or air freight shipments together into a single large shipment and offers the advantages of competitive freight rates and insurance premiums, reduced risk of damage and reduced packing costs. We continually expand and develop our services by adding direct import services from new origins and direct export services to new destinations in order to provide our customers with the safest, fastest, most regular and most economic service available in the local market.

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EGYTRANS Investors’ Presentation January 2014

Warehousing Warehousing

EGYTRANS owns and operates warehouses strategically located at or near industrial areas in Cairo, Alexandria and the Port Said Free Zone. The company provides distribution services, bonded warehousing, container yard operations and domestic

  • storage. Many years of experience and continuous process improvement have made

EGYTRANS’ warehousing service one of the central building blocks of the company’s success.

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EGYTRANS Investors’ Presentation January 2014

Chartering Chartering

EGYTRANS offers cost‐effective and reliable chartering solutions designed to meet any sea freight challenge since 1997. We have successfully brokered transport for agricultural commodities, fertilizers, chemicals and mining products, whether bulk or general cargo in addition to project shipments of exceptional weight or dimensions.

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EGYTRANS Investors’ Presentation January 2014

Exhibitions Exhibitions

EGYTRANS provides integrated solutions in the field of fairs and exhibitions, smoothly coordinating the transport of cargo and materials to and from any exhibition. The company has a specialized Exhibitions Department comprising a team of professionals in transportation, logistics and freight handling and providing efficient and reliable services to both organizers and exhibitors at competitive rates.

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Policies, Certificates & Systems Policies, Certificates & Systems

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EGYTRANS Investors’ Presentation January 2014

Corporate Governance Corporate Governance

EGYTRANS has committed itself to a code of corporate governance that ensures responsible, value‐based, transparent management of the company, reinforcing the long‐term confidence of shareholders, customers, employees and other stakeholders in the leadership of the company.

EGYTRANS has been recognized as a leader in Corporate Governance in Egypt and has been the recipient of several awards in this area.

For more information: ir.egytrans.com

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EGYTRANS Investors’ Presentation January 2014

Corporate Social Responsibility Corporate Social Responsibility

EGYTRANS is committed to building sustainable growth and to fulfilling its responsibility towards its employees and stakeholders and towards the community.

EGYTRANS has undertaken a number of initiatives in the area of CSR.

Industry sponsor for the new AUC IEEI Logistics Academy contributing to building world‐ rate professional capabilities in Egypt and the MENA region.

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EGYTRANS Investors’ Presentation January 2014

Strategic Planning Strategic Planning

EGYTRANS has put in place a strategic management system based on the Balanced Scorecard, enabling us to measure our progress, not just financially, but also in key areas related to our relationship with customers, the quality and efficiency of our internal processes and how well we support and help our employees to learn and grow.

EGYTRANS is committed to achieving its strategic vision of growth through diversification into related businesses in the field of integrated transport.

The company has clear medium and long‐term plans for adding new facilities and services.

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EGYTRANS Investors’ Presentation January 2014

Integrated Management System Integrated Management System

1st services company in Egypt to attain ISO 9001 Quality Management certification designed to drive continual improvement within the organization and ensure customer satisfaction in 1994.

1st services company in Egypt to attain OHSAS 18001 certification for Occupational Health and Safety in 2003. This system applies to both employees and visitors, providing safe workplaces and processes that protect individuals, equipment and buildings from any hazards which may affect them.

Attained ISO 14001 certification for Environmental Management in 2004, putting into action our deep commitment to protecting the environment and the natural resources around us.

1st company in the world to achieve ISO 10002 certification in 2007, establishing a complete system for monitoring and ensuring customer satisfaction and handling and preventing customer complaints.

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EGYTRANS Investors’ Presentation January 2014

IT Systems IT Systems

EGYTRANS has embarked on an ambitious project to become an e‐business, using the internet to serve our customers, integrate with our agents and suppliers and streamline

  • ur internal business processes.

EGYTRANS has implemented Oracle E‐business Suite (Financials & HR) and is in the final stages of implementing Oracle Transportation Management, one of the most powerful platforms in this industry worldwide.

EGYTRANS has also implemented a Unified Communications systems based on Cisco technology with integrated IP telephony, online meetings through Webex and videoconferencing.

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Consolidated Financial & Operational Performance Consolidated Financial & Operational Performance

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EGYTRANS Investors’ Presentation January 2014

Performance (2007-9M13) Performance (2007-9M13)

Overall Performance Margins Performance

* Net profits adjusted with the effect of fine removed Source: Egytrans financials Source: Egytrans financials

‐5% 0% 5% 10% 15% 20% 25% 30% 2007 2008 2009 2010 2011 2012 2012 * 9M13 Gross Profit Margin EBITDA Margin Net Profit Margin

2012

* Net profits adjusted with the effect of fine removed

‐60% ‐40% ‐20% 0% 20% 40% 60% 80% 100% 120% ‐10 20 50 80 110 140 170 200 230 2007 2008 2009 2010 2011 2012 2012 * 9M13 Revenues Cost of Revenues SG&A EBITDA Net Profits Revenues Growth Net Profits Growth In EGPmn

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EGYTRANS Investors’ Presentation January 2014

Performance (2007-9M13) Performance (2007-9M13)

Investment Income is considered one of the major net profit contributors that is directly related to our business. It is the dividend that comes from our affiliates “Barwil EGYTRANS” and “Scan Arabia” Shipping Agencies, in which EGYTRANS owns a 30% stake each. Investment Income Evolution

Source: Egytrans financials * Net profits adjusted with the effect of fine removed

0% 20% 40% 60% 80% 100% 120% 140% 160% 180% 200% 2 4 6 8 10 12 14 16 18 20 2007 2008 2009 2010 2011 2012 2012 * 9M13 NP Investment Income Growth As % of NP In EGPmn

2012

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EGYTRANS Investors’ Presentation January 2014

Performance 2012 vs. 2011 Performance 2012 vs. 2011

Revenues Breakdown by LoB 2012 Revenues Breakdown by LoB 2011

Clearance 40.0% Projects 29.2% Transit 7.5% Commercial Operations 6.2% Consolidation 5.0% Air Freight 4.2% Transportation 2.9% Free Zone 2.3% EDS 1.8% Others * 0.9% Other 5.0%

* Others include; Renting Equipment, Insurance, Packing, Storage and Showrooms * Others include; Renting Equipment, Insurance, Packing and Storage Source: Egytrans financials Source: Egytrans financials

Clearance 41.9% Projects 29.8% Air Freight 10.1% Transportation 5.3% Consolidation 5.1% Transit 4.1% Commercial Operations 2.1% EDS 0.7% Others * 0.5% Free Zone 0.4% Other 1.6%

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EGYTRANS Investors’ Presentation January 2014

Performance 2012 vs. 2011 Performance 2012 vs. 2011

Revenues Breakdown by Branch 2012 Revenues Breakdown by Branch 2011

Alexandria * 49.5% Cairo 11.6% Suez 11.2% Port Said 9.9% Damietta 8.1% Merghem 7.4% Free Zone 2.3% Alexandria * 48.7% Suez 15.9% Cairo 11.5% Merghem 8.6% Port Said 7.7% Damietta 7.2% Free Zone 0.4%

* Alexandria branch includes EDS * Alexandria branch includes EDS Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance 2012 vs. 2011 Performance 2012 vs. 2011

GP Breakdown by LoB 2012 GP Breakdown by LoB 2011

* Others include; Renting Equipment, Insurance, Packing, Storage and Exhibitions * Others include; Renting Equipment, Insurance, Packing and Storage Source: Egytrans financials Source: Egytrans financials

‐20% 0% 20% 40% 60% 80% 100% ‐10% 0% 10% 20% 30% 40% 50% GPM % GPM ‐70% ‐40% ‐10% 20% 50% 80% 110% ‐30% ‐20% ‐10% 0% 10% 20% 30% 40% GPM % GPM

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EGYTRANS Investors’ Presentation January 2014

Performance 2012 vs. 2011 Performance 2012 vs. 2011

GP Breakdown by Branch 2012 GP Breakdown by Branch 2011

* Alexandria branch includes EDS * Alexandria branch includes EDS Source: Egytrans financials Source: Egytrans financials

‐20% 0% 20% 40% 60% 80% 100% ‐10% 0% 10% 20% 30% 40% 50% GPM % GPM ‐80% ‐60% ‐40% ‐20% 0% 20% 40% ‐10% 0% 10% 20% 30% 40% 50% GPM % GPM

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EGYTRANS Investors’ Presentation January 2014

Performance 9M13 vs. 9M12 Performance 9M13 vs. 9M12

Revenues Breakdown by LoB 9M13 Revenues Breakdown by LoB 9M12

* Others include; Renting Equipment, Insurance, Packing and Storage * Others include; Renting Equipment, Insurance, Packing, Storage and Commercial Operations Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance 9M13 vs. 9M12 Performance 9M13 vs. 9M12

Revenues Breakdown by Branch 9M13 Revenues Breakdown by Branch 9M12

* Alexandria branch includes EDS * Alexandria branch includes EDS

Alexandria * 69.4% Merghem 7.3% Suez 7.1% Cairo 6.5% Port Said 5.7% Damietta 2.2% Free Zone 1.8% Alexandria * 52.3% Suez 12.2% Cairo 11.1% Port Said 9.0% Damietta 7.2% Merghem 7.2% Free Zone 1.0%

Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance 9M13 vs. 9M12 Performance 9M13 vs. 9M12

GP Breakdown by LoB 9M13 GP Breakdown by LoB 9M12

* Others include; Renting Equipment, Insurance, Packing and Storage * Others include; Renting Equipment, Insurance, Packing, Storage and Commercial Operations Source: Egytrans financials Source: Egytrans financials

0% 20% 40% 60% 80% 100% 0% 10% 20% 30% 40% 50% 60% GPM % GPM 0% 20% 40% 60% 80% 100% 0% 10% 20% 30% 40% GPM % GPM

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EGYTRANS Investors’ Presentation January 2014

Performance 9M13 vs. 9M12 Performance 9M13 vs. 9M12

GP Breakdown by Branch 9M13 GP Breakdown by Branch 9M12

* Alexandria branch includes EDS * Alexandria branch includes EDS Source: Egytrans financials Source: Egytrans financials

0% 20% 40% 60% 80% 100% 0% 10% 20% 30% 40% 50% 60% GPM % GPM 0% 20% 40% 60% 80% 100% 0% 10% 20% 30% 40% 50% 60% GPM % GPM

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EGYTRANS Investors’ Presentation January 2014

Performance by LoB (2009-9M13) Performance by LoB (2009-9M13)

Clearance Performance Projects Performance

0% 2% 4% 6% 8% 10% 12% 10 20 30 40 50 60 70 80 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn 0% 5% 10% 15% 20% 25% 30% 35% 10 20 30 40 50 60 70 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance by LoB (2009-9M13) Performance by LoB (2009-9M13)

Transportation Performance Transit Performance

‐20% 0% 20% 40% 60% 80% 100% 120% ‐2 2 4 6 8 10 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn 65% 70% 75% 80% 85% 90% 95% 1 2 3 4 5 6 7 8 9 10 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance by LoB (2009-9M13) Performance by LoB (2009-9M13)

Commercial Operations Performance Consolidation Performance

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 1 2 3 4 5 6 7 8 9 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 2 4 6 8 10 12 14 16 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance by LoB (2009-9M13) Performance by LoB (2009-9M13)

Air Freight Performance Free Zone Performance *

* Operations stopped in Dec 2009 and resumed in Jul 2012

‐50% ‐40% ‐30% ‐20% ‐10% 0% 10% 20% ‐10 ‐5 5 10 15 20 25 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn ‐80% ‐60% ‐40% ‐20% 0% 20% 40% 60% 80% 100% ‐10 10 20 30 40 50 60 70 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance by Branch (2009-9M13) Performance by Branch (2009-9M13)

Alexandria Performance * Cairo Performance

* Includes EDS operations

0% 5% 10% 15% 20% 25% 10 20 30 40 50 60 70 80 90 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn 0% 5% 10% 15% 20% 25% 30% 35% 40% 2 4 6 8 10 12 14 16 18 20 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance by Branch (2009-9M13) Performance by Branch (2009-9M13)

Suez Performance Port Said Performance

0% 10% 20% 30% 40% 50% 60% 5 10 15 20 25 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn 0% 5% 10% 15% 20% 25% 2 4 6 8 10 12 14 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials Source: Egytrans financials

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EGYTRANS Investors’ Presentation January 2014

Performance by Branch (2009-9M13) Performance by Branch (2009-9M13)

Damietta Performance Merghem Performance

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 2 4 6 8 10 12 14 16 18 20 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials Source: Egytrans financials

‐10% 0% 10% 20% 30% 40% 50% ‐2 2 4 6 8 10 12 14 16 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

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EGYTRANS Investors’ Presentation January 2014

Performance by Branch (2009-9M13) Performance by Branch (2009-9M13)

Free Zone Performance

‐80% ‐60% ‐40% ‐20% 0% 20% 40% 60% 80% 100% ‐10 10 20 30 40 50 60 70 2009 2010 2011 2012 9M13 Revenues Cost Gross Profit GPM In EGPmn

Source: Egytrans financials * Operations stopped in Dec 2009 and resumed in Jul 2012

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EGYTRANS Investors’ Presentation January 2014

Important KPIs Important KPIs

Source: Egytrans financials * 2012 results adjusted with the effect of fine removed

Profit a bilit y 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 2 * 9 M1 3

ROE 9.1% 15.9% 20.6% 6.0% 6.1% 0.2% 11.2% 10.1% ROA 4.5% 8.8% 9.1% 4.4% 4.6% 0.1% 8.2% 8.1% ROC 8.6% 12.9% 0.3% 5.6% 2.3% 0.2% 10.9% 11.3% GP Margin 1 5 .0 % 1 1 .4 % 1 4 .0 % 1 1 .1 % 1 6 .9 % 2 3 .5 % 2 3 .5 % 2 7 .8 % EBI TDA Margin 6 .5 % 4 .8 % 6 .3 %

  • 2 .6 %

4 .3 % 6 .8 % 6 .8 % 1 1 .3 % NP Margin 3 .6 % 5 .6 % 5 .7 % 7 .4 % 7 .1 % 0 .2 % 1 4 .4 % 1 5 .7 %

Liquidit y 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 2 * 9 M1 3

Current Rat io 2.4 5.0 2.6 5.4 4.9 3.1 3.1 4.9 Quick Rat io 1.4 4.0 1.6 4.4 3.9 2.1 2.1 3.9 Tot al Coverage 1.7 2.0 1.6 3.0 3.2 2.5 2.5 3.4

Efficie ncy 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 2 * 9 M1 3

A/ R TO 4.5 6.0 5.9 3.8 3.5 3.2 3.2 2.4 I nvent ory TO 4.1 5.6 5.8 8.0 22.2 376.3 376.3 126.7 A/ P TO 54.3 41.5 61.2 34.8 27.8 33.2 33.2 21.3 W I / Sales 41.2% 29.9% 30.2% 35.1% 29.0% 29.5% 29.5% 39.7% ALEV 2.0 1.8 2.3 1.4 1.3 1.4 1.4 1.2 Debt / Equit y 0.8 0.6 0.6 0.2 0.2 0.1 0.1 0.1 Net Debt / EBI TDA 4.3 3.7 2.5 11.5

  • 9.7
  • 7.0
  • 7.0
  • 4.3

Pe r- Sha re 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 2 * 9 M1 3

EPS 1.10 1.96 2.04 0.63 0.66 0.02 1.15 1.18 DPS 0.00 0.00 2.00 0.00 0.40 0.00 0.00 0.00 Revenues/ Share 30.80 34.88 35.93 8.61 9.17 7.98 7.98 7.53 BV/ Share 12.17 12.35 9.90 10.50 10.78 10.19 10.19 11.69 EV/ Share 21.57 19.18 18.53 10.32 9.09 9.14 9.14 9.27 EBI TDA/ Share 1.99 1.68 2.26 (0.23) 0.39 0.54 0.54 0.85

Mult iple s 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 2 * 9 M1 3

P/ E 11.70 6.60 6.33 20.35 19.71 705.27 11.27 10.93 P/ BV 1.06 1.05 1.30 1.23 1.20 1.27 1.27 1.11 EV/ EBI TDA 10.84 11.44 8.19 (45.50) 23.12 16.90 16.90 10.90 P/ Revenues 0.42 0.37 0.36 1.50 1.41 1.62 1.62 1.72

* Per share data & Multiples are calculated based on last traded price as of 26‐Jan‐2014

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SLIDE 54

Strategic Position & Direction Strategic Position & Direction

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SLIDE 55

EGYTRANS Investors’ Presentation January 2014

Market Position Market Position

Technical & market leader in transport field.

1st to introduce many transport services to Egyptian market including consolidation & bonded warehousing.

Major Player in project logistics & specialized transport with a market share of 40% in 2012, increased to 45% in 2013.

Strong worldwide network of agents.

Source: Egytrans LoB Market Share I ndustry Nature

Sea Freight ( I mport/ Export) 0.02% Highly Fragmented Consolidation ( I mport/ Export) 9.00% Relatively Fragmented Projects 45.00% Concentrated Air Freight ( I mport/ Export) 4.85% Highly Fragmented Transit 30.00% Concentrated Free Zone 4.00% Highly Fragmented

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SLIDE 56

EGYTRANS Investors’ Presentation January 2014

Capex Plan Capex Plan

Source: Egytrans

I nvested Rem aining Source of Finance Description

  • Exp. Tim e Fram e

ETAL EGP37mn Equity raise and Buying new unique and versatile equipment to During 2014 EGP10mn internal finance meet the expected demand on Projects Lifting & I nstallation Equity raise and internal A new activity that w ill integrate w ith the projects LoB During 2014 EGP20-30mn finance Bonded W arehousing Internal finance A new activity that w ill be launched and operated in During 2014 EGP5-7mn Al Adabeya Port Red Sea Ports Joint Equity raise and internal A new company that w ill be established jointly w ith During 2014 Venture finance the Red Sea Port Authority in El Sokhna Port. The new company w ill offer a w ide array of ports and logistics EGP30-50mn services w ithin the Red Sea ports, mainly El Sokhna Potential Acquisition Equity raise and internal A potential acquisition for a company that w ill integrate 2014 - 2015 EGP70-75mn finance and add new businesses related to EGYTRANS activities. Potential Dry Port Equity raise, internal A potential dry port depot (3PL business) located in 6th 2015 - 2016 Depot EGP30-50mn finance and debt

  • f October City that w ill be operated via new subsidiary

Egytrans River Ports Equity raise, internal Constructing and operating a river port in Kafr Al- 2015 - 2018 EGP270-300mn finance and debt Ashraf in El Qalyoubeia governorate Egytrans Barge Link Equity raise, internal Operating a fleet of river barges to transport cargo 2016 - 2019 EGP300-350mn finance and debt and containers over the Nile river

Capex Am ount Subsidiary / Activity

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SLIDE 57

EGYTRANS Investors’ Presentation January 2014

Future Outlook Future Outlook

One of the major growth drivers is entering the new river transport business in line with the government plan to reach 10% of the cargo transported locally via river. River transport via barges and ports operations and management has high profitability margins.

Projects LoB is one of the key successes for EGYTRANS. This LoB is expected to continue its impressive growth during the next 5 years backed by the anticipated incoming mega projects announced by the government, including El Daba’a nuclear station construction, expansions in wind energy plants and the increase of electricity capacity by 30,000 megawatts via new plants to be added to the national grid. Given the company’s large market share in the projects business (45% in 2013), it is expected that Egytrans will strongly participate in these projects as proved by its extensive and successful track record.

Government plans to expand Port Said and Damietta sea ports and terminals is also worth being taken into consideration and will help Egytrans to increase its volume of Sea Freight, Customs Clearance and Consolidation LoB.

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SLIDE 58

EGYTRANS Investors’ Presentation January 2014

Future Outlook Future Outlook

Expanding regionally, there is huge potential in the Libyan market during the stage of reconstruction once stability and security are recovered.

Global containerization trend will allow EGYTRANS to increase its trading volume of containers.

EGYTRANS added new Bonded Warehousing LoB in Al Adabeya (Suez governorate), which will add a considerable value to profitability.

EGYTRANS is considering potential projects, which are still undergoing technical and feasibility studies to be announced once studies are finalized. Among these are:

 Acquiring a company that will integrate with Egytrans’ business  Establishing a dry port depot (3PL business) in 6th of October City  Expansion on ETAL via adding Lifting & Installation activities  Expansion on EDS warehouse

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SLIDE 59

EGYTRANS Investors’ Presentation January 2014

SWOT Analysis SWOT Analysis

Strengths:

Industry know‐how and technical expertise

Financial Position

Features & quality of services provided

Agent network & relationships

Complete service mix

Ability to adapt to changes in business environment

Existing strong customer base and relationships

Brand awareness in the market

Customer‐orientation & focus

Weaknesses:

Staff competence levels in some areas and in some soft skills

Efficiency of receivables collection requires improvement

No unified appearance and physical work environment in some company sites

Source: Egytrans

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SLIDE 60

EGYTRANS Investors’ Presentation January 2014

SWOT Analysis SWOT Analysis

Opportunities:

Stevedoring & Bonded Warehousing

Targeting major accounts with high level

  • f customer expectations

Inland Water Transport

Developments in 3PL, Port Said East, Northeast Gulf of Suez & Rail Transport

Markets or sectors that have not yet been penetrated by the company

Project Logistics in Libya

Threats:

Local political and economic situation

Stock market volatility and overall lack

  • f investor confidence due to local

situation may make it difficult to raise additional capital through this channel

Legal & regulatory environment and corruption

Scarcity of talent required to implement company plans

Global economic situation and its effect

  • n trade volumes

Entry of new multinational competitors

  • r increase in current level of

competition

Rapid changes in Shipping field

Source: Egytrans

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SLIDE 61

Share Performance Share Performance

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SLIDE 62

EGYTRANS Investors’ Presentation January 2014

Share Data & Share Data & Info (2008-2013) Info (2008-2013)

All prices are adjusted for all previous corporate actions Source: Mubasher * Calculated as end of year

I tem 2008 2009 2010 2011 2012 2013

Market Capitalization * 93,568,313 69,069,000 214,273,813 84,273,750 180,564,313 212,088,938 Day High 26.96 26.57 29.09 15.03 17.01 13.89 Day Low 9.63 13.64 10.75 4.67 4.87 6.83 Average Daily Volume 488,343 440,299 190,035 115,381 112,675 102,573 Average Daily Turnover 6,090,961 6,457,359 3,104,754 1,224,138 1,143,099 1,161,814 Egytrans YoY Return 28% ‐32% ‐29% ‐61% 113% 14% EGX30 YoY Return ‐58% 35% 14% ‐49% 48% 20% EGX70 YoY Return ‐52% 29% 12% ‐42% 14% 10% EGX100 YoY Return ‐50% 32% 10% ‐45% 23% 12% EGX20 Capped YoY Return ‐57% 34% 10% ‐27% 60% 21%

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SLIDE 63

EGYTRANS Investors’ Presentation January 2014

Performance - Performance - 2013 2013

Average Close & % Change Buy/Sell Volumes Ratio

* The Grey line is the ratio’s benchmark. If the ratio is above 1x, it means Net Buyer and if it is below 1x, it means Net Seller Source: Mubasher Source: Mubasher

‐15% ‐10% ‐5% 0% 5% 10% 15% 2 4 6 8 10 12 14 16 Close % Chg. 1 2 3 4 5 6 7 8 9 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Buy Volume Sell Volume Ratio *

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SLIDE 64

EGYTRANS Investors’ Presentation January 2014

Relative Performance - Relative Performance - 2013 2013

YTD Growth vs. Market Indices Relative Performance vs. Market Indices

Indices values are rebased and on a daily basis Source: Mubasher Source: Mubasher

‐50% ‐40% ‐30% ‐20% ‐10% 0% 10% 20% 30% Egytrans EGX30 EGX70 EGX100 EGX20 Capped 6 8 10 12 14 31‐Dec‐12 31‐Jan‐13 28‐Feb‐13 31‐Mar‐13 30‐Apr‐13 31‐May‐13 30‐Jun‐13 31‐Jul‐13 31‐Aug‐13 30‐Sep‐13 31‐Oct‐13 30‐Nov‐13 31‐Dec‐13 Egytrans EGX30 ‐ rebased EGX70 ‐ rebased EGX100 ‐ rebased EGX20 ‐ rebased Linear (Egytrans) Egytrans trend is up in 2013 Performance reached the bottom on June 30

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SLIDE 65

EGYTRANS Investors’ Presentation January 2014

Relative Performance - Relative Performance - Post June 30, 2013

  • st June 30, 2013

Egytrans vs. Market Indices Egytrans vs. Industry Peers

Peers values are rebased and on a daily basis Source: Mubasher Source: Mubasher Indices values are rebased and on a daily basis

8.00 10.00 12.00 14.00 16.00 18.00 30‐Jun‐13 31‐Jul‐13 31‐Aug‐13 30‐Sep‐13 31‐Oct‐13 30‐Nov‐13 31‐Dec‐13 ETRS ALCN ‐ rebased CSAG ‐ rebased UASG ‐ rebased Linear (ETRS) 8.00 10.00 12.00 14.00 16.00 30‐Jun‐13 31‐Jul‐13 31‐Aug‐13 30‐Sep‐13 31‐Oct‐13 30‐Nov‐13 31‐Dec‐13 Egytrans EGX30 ‐ rebased EGX70 ‐ rebased EGX100 ‐ rebased EGX20 ‐ rebased Linear (Egytrans)

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SLIDE 66

Why Invest in EGYTRANS? Why Invest in EGYTRANS?

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SLIDE 67

EGYTRANS Investors’ Presentation January 2014

Why EGYTRANS? Why EGYTRANS?

EGYTRANS proved resilient despite the tough political and economic unrest in Egypt and successfully surpassed the negative economic impact of the global financial crisis and January 2011 revolution and its consequences.

 EBITDA and net profit margins improved rapidly from 6.6% and 3.9% to 11.3% and

15.7% from 2007 to September 2013, respectively

 Net Profits grew at a 6‐year CAGR of 22.8% (2007‐9M13)  Share price has also showed resilient performance, especially after June 30, 2013. In

line with EGX30, both recorded a 6‐month return of 43%.

 Adding new investors in shareholders’ mix including Arabs and Foreigners,

Institutions and Individuals, reflects confidence in

  • perational

and share performance.

 Growing YoY market share in Projects LoB, which is anticipated to grow over the

next year with the expected high demand in mega projects inflow to Egypt.

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SLIDE 68

EGYTRANS Investors’ Presentation January 2014

Why EGYTRANS? Why EGYTRANS?

Has a clear strategic plan for the next 5 years in order to enhance revenues and

  • profitability. The plan includes expansions into new LoB within EGYTRANS in addition to

entering new businesses that are related to transport & logistics via new subsidiaries or existing ones.

Good utilization of finance proceeds that are invested in expansions or new projects after a comprehensive and extensive feasibility study through a specialized team.

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SLIDE 69

EGYTRANS Investors’ Presentation January 2014

Questions… Questions…

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SLIDE 70

EGYTRANS Investors’ Presentation January 2014