Slide 1: Oriental Weavers
2 digudptllgabuill OrientalWeavers
Slide 2: Oriental Weavers in Numbers
togydpsill ogobuill OrientalWeavers Oriental Weavers in Numbers EGP 10.1 bn Record Turnover in 2019 80% c. 80% Market share Utilization in Egypt rate 63% Export contribution in 2Q20 EGP 509 mn Backlog of export incentives (as of 31st July 2020)
Slide 3: Main segments of OW
ogsipill ogabuill OrientalWeavers Main segments of OW Non-woven Description Surface yarn is woven simultaneously The surface yarn is inserted Fibers bonded together with the backing. Then a latex compound into a polypropylene sheet — using chemicals and heat. is added. Subsidiaries Owc owl Ow ow MAC
Slide 4: A Vertically Integrated Business Model
ogyapsill ogabuill OrientalWeavers A Vertically Integrated Business Model Oriental Weavers has complete control over the manufacturing process. @ Raw material procurement: The wool is sourced from suppliers in Egypt, New Zealand and the UK; Polypropylene granules are sourced from local and regional
Slide 5: Demand Drivers in Egypt
ogyapill ogabuill OrientalWeavers Demand Drivers in Egypt Growing economy Age Male Female 80+ Sizeable youth 50% of the Egyptian population are near the nun population marriage with around one million marriages 65-69 taking place annually. oe 50-54 45-49 Housing gap Housing gap is about 3 million un
Slide 6: 2Q 2020 Revenue summary
2Q 2020 Revenue summary iguiill igealull OrientalWeavers Value (EGP million) Volume (mn sqm) 2Q2020 202019 %Change 2Q2020 2Q2019 %Change Woven- Egypt based 976.8 1,494.2 -34.6% 9.76 14.03 -30.5% OW USA 403.4 589.2 -31.5% 2.78 3.69 -24.7% OW China 2.6 21.1 -87.7% 0.01 0.21 -94.3% Tufted 342.2 418.9 -
Slide 7: 1H 2020 Revenue summary
1H 2020 Revenue summary gui tllagealuill OrientalWeavers Value (EGP million) Volume (mn sqm) 1H 2020 1H2019 %Change 1H 2020 1H2019 %Change Woven- Egypt based 2,196.8 2,903.7 -24.3% 22.0 27.2 -19.1% OW USA 895.6 1,195.3 -25.1% 6.8 74 -7.6% OW China 6.8 36.2 -81.3% 0.1 0.4 -81.9% Tufted 793.7 855.9 -7
Slide 8: 2019 Revenue summary
2019 Revenue summary Value (EGP million Woven- Egypt based OW USA OW China Tufted Non-woven Felt Other Total 5,684.6 2,136.1 66.8 1,758.4 389.1 98.6 10,133.6 5,977.2 2,133.9 80.9 1,778.9 299.6 134.2 10,404.7 -4.9% 0.1% -17.4% -1.2% 29.9% -26.5% -2.6% ogyapill ogabuill OrientalWeavers Volume (mn sqm)
Slide 9: Export Market development
dgyapill ogabuill OrientalWeavers Export Market development Performance by region in 1H 2020 Revenue Coniribution by Market in 1H 2020 2% 0% Asia Russia & China 37% Local Sales 42% America & Canada 14% 1% 1% Europe Africa Contracts & Hotels (Axminster)
Slide 10: Export Market Development in 2Q 2020
ogyapillogabuill OrientalWeavers Export Market Development in 2Q 2020 Average Price in EGP _—_Contribution to Percentage A Volume Value Export Revenues 1H 1H 2Q 2020 2Q 2020 Volume | Value Woven V27% V 36% V12% 72% 78% V13% V27% Tufted A 3% Vv 9% V12% 25% 19% A9% A 2% Non-woven Felt VA% Vv 9% Vv 5%
Slide 11: Export performance overview
tgyapill ogabuill OrientalWeavers Export performance overview Export revenues (EGPbn) Export vs. Local Revenue volume % Export volumes (mn sqm) 6.8 6.7 oe 71 68 68 3.7 Si 63 | [ 60 | 2015 2016 2017 2018 2019 2015 20162017, 20182019 2015 2016 2017 2018 2019
Slide 12: Local Market Development in 2Q 2020
ogyapillogabuill OrientalWeavers Local Market Development in 2Q 2020 Average Price Contribution to Percentage A ye) 2Q Local Revenues Volume —_ Value 2Q 2020 2Q 2019 Woven V34% V32% A 2% 84% 83% V23% V21% Tufted V42% V45% Vv 6% 9% 11% V35% V34% Non-woven Felt V29% V28% A 2% 6% 5% V12% Vv 9% Other (y
Slide 13: Local market overview
Local market overview Growing local revenues (EGPbn) Export vs. Local revenues% ogyapill ogabuill OrientalWeavers Local sales volumes (mn sqm) 23 2015 3.0 2016 100% 35 az —_ 28 80% 60% 40% 20% 0% 2017 2018 2019 © Local @ Export 54 51 47 | [J i E 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
Slide 14: Local market overview
ogyapillogabuill OrientalWeavers Local market overview Revenues (EGP Sales volumes (mn sqm) m Export Local lm Export © Local EGPbn 1a 10.4 non mnsqm 10.0 oc) ie u7 15 114 8.0 6.8 6.0 — 4.0 2.0 see 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
Slide 15: Diversified Product Mix
Diversified Product Mix 2Q 2020 Revenue Mix (by value) 1% Others 4% Non Woven Felt 58% Woven Egypt fon based Tufted 0% OW China 22% OW USA Woven-Grade A EEE EGP283/sqm Woven-Grade B mums EGP115/sqm Woven-Grade C EGP66/sqm ogyapill ogabuill OrientalWeavers 2Q 2020 Revenue Mix (by volume) 14% Non Wove
Slide 16: 2Q 2020 Cost Breakdown
2Q 2020 Cost Breakdown 12% 1% Other OW China 9% oon Backing Selling 5% Depreciation 4% 7% Wool Finishing material 13% Wages Source: Company Almost 63% of costs are dollar based. ogyapill ogabuill OrientalWeavers PP Prices (USD/ton) 2,000 ;uSD/ton 1,629 1,585 1,584 400 L L L L L 1 L 2009 2010 2011 20
Slide 17: CapEx Spending
CapEx Spending ogyapillogabuill OrientalWeavers Woven * 4new goblin looms * 9 new looms * 2 yarn production lines Tufted Non-woven *Twonew machines added * Establishing a new factory * 10 new looms * One Heat-set yarn machines * One digital printing * Two yarn machines * Finishing and coloring machi
Slide 18: Financial Summary
Financial Summary EBITDA Performance (EGPbn) tgyapill gall OrientalWeavers Net Income Performance Net Debt (EGPbn) wera mmm EBITDA ‘= EBITDA margin 16% 14% 1,100 12% 10% 8% 100 6% 2016 2017 2018 2019 EGPmn — mmmNetincome ——Net margin 800 joo + 71% 600 a 500 400 300 200 100 mmNet debt (EGP billion) 1
Slide 19: Impact of Energy Subsidy Reform on Costs
ogyapillogabuill OrientalWeavers Impact of Energy Subsidy Reform on Costs Energy cost Jun-14 Jul-15 Jul-16 Natural gas (US$/mmbtu) 2.25 5 5 5 5 5 - Electricity (EGP/KW) 0.28 0.435 0.53 0.69 0.99 14 11% Transportation costs 11 1.80 2.35 3.65 5.5 6.75 23% (EGP Diesel/Liter) * Energy cost represents le
Slide 20: Export Incentive Program
Export Incentive Program: Export cash proceeds macys Sources: Company Exports =—_ jn Documents submitted to Export Subsidy Fund Export subsidies % of exports in EGP) ogyapillogabuill OrientalWeavers EGP 508 mn delayed disbursemenitill July 2020
Slide 21: Local market overview
ogyapill ogabuill OrientalWeavers Local market overview In December 2019: OW signed a settlement agreement with the Ministry of Finance and Ministry of Trade & Industry to settle the backlog of export incentives until June 30, 2019, Owl & OWT worth EGP 322 million. The value will be paid in five ins
Slide 22: Share Data
ogyapillogabuill OrientalWeavers Share Data * 665.1 mn shares at par value of EGP 1 per share. Shareholders’ structure * Issued and Paid-in Capital EGP 665.1 mn. * Listed in EGX since September 1997. Khamis Family * 3 Month average daily value EGP8.3mn. Institutions * Market Cap USD 292 mn (as of Au
Slide 23: Disclaimer
ogudipsill ogabuill OrientalWeavers Disclaimer Certain information contained in this document consists of forward-looking statements reflecting the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the
Slide 24: Ei Orientalweaverscarpets € Orientalweaversegypt
( 16366 Ei Orientalweaverscarpets € Orientalweaversegypt II] . . You 3 «| Customerservice@orientalweavers.com Orientalweaverseg Ds] Marketing-eg@orientalweavers.com ‘*.) www.orientalweavers.com io ogudipsill ogabuill OrientalWeavers er ! = [a r o