Financial Performance Highlights of Al Anwar Investments SAOG - Sept 2023

AL ANWAR INVESTMENTS SAOG AL ANWAR INVESTMENTS SAOG Presentation on Financial Statements For the six month period ended on 30thSeptember 2023 1

Investment Portfolio S. No. Name of Company % Stake Carrying Value (OMR) % of CV Property and other assets A. A-1 A-2 A-3 A-4 A-5 A-6 A-7 A-8 Associate - Group Carrying Value Oman Chlorine SAOG National Detergent SAOG Arabia Falcon Insur. SAOG Alruwad School SAOC Voltamp Energy SAOG Al Maha Ceramics SAOG National Biscuit SAOG Hormuz Cement SAOC Investment at Fair Value- Group Carrying Value Bank Dhofar SAOG DIDIC Others Property and other assets Receivable and cash Total 31,750 8,042 5,354 4,836 4,675 4,103 2,442 2,258 64.7% 16.4% 10.9% 9.9% 9.5% 8.4% 5.0% 4.6% 0.1% Receivable and cash Oman Chlorine SAOG 22.11% 25.24% 22.62% 43.51% 24.68% 18.74% 29.22% 40.00% Others DIDIC National Detergent SAOG Bank Dhofar SAOG 40 Arabia Falcon Insur. SAOG Hormuz Cement SAOC B. B-1 B-2 B-5 C. D. 14,327 7,649 6,602 29.2% 15.6% 13.5% 0.2% 4.7% 1.4% 100% National Biscuit SAOG 1.50% 6.73% Alruwad School SAOC Al Maha Ceramics SAOG Voltamp Energy SAOG 76 2,308 682 49,067 2

Portfolio Sector Allocation Portfolio Sector Allocation: OMR 46.0 mil March 2022 Portfolio Sector Allocation: OMR 49.1 mil Sept 2023 Others 3% Others 1% Property 5% Property 5% Fixed Income 8% Investments 14% Education 9% % of industrial sector has reduced to 45% due to partial exit in AMC Investments 13% Industrial 49% Banking 16% Insurance 10% Industrial 45% Insurance 10% % banking sector has increased to 16% of the portfolio due to investment in Bank Dhofar Education 10% Banking 2% 3

Al Anwar PerformanceYTD Sept23 Expenses (OMR'000) Income (OMR 000) 1,200 1,003 600 1,000 507 497 800 500 555 600 342 268 400 400 152 58 16 200 9 300 - (200) 175 (3) 158 200 (400) 107 (600) 54 100 (800) (655) - Share of profit from associates Realised Profit / (loss) on sale of investment Realised/ Fair Value Gain/ (Loss) Interest/ Dividend Income Other Income Finance Cost Admin Expenses Director Remuneration & sitting fees and CSR YTD Sept'22 YTD Sept'23 YTD Sept'22 YTD Sept'23 Net Profit & Other Comp. Income (OMR 000) Performance Overview 2,753 The company reported a net profit of OMR 898k for the six-month period ending on September 30, 2023, compared to a net loss of OMR 651k reported last year. This positive result is primarily due to a fair value gain of OMR 1,003k generated on the company s marked-to-market investments and a realized gain of OMR 342k on the sale of AAI stake in Almondz Global Securities Ltd, India, which was classified at fair value. The total comprehensive income for the period was OMR 2,753k, compared to a loss of OMR 218k for the last year. This improvement is primarily as a result of a fair value gain of OMR 1,348k recorded on investments classified as Fair Value through Other Comprehensive Income (FVOCI). The share of profit from associate has declined by 52% compared to last year, mainly affected by the performance of Al Maha and Alruwad School. The increase in administrative expenses during the current year is mainly on account of the appointment of an additional staff member The company earned interest income on its investment in Ominvest Bonds in Q1 of 2023 and In 2023. The decline is primarily due to the sale of Bonds and the redemption of the Bonds that took place on 6th June 2023. 3,000 2,500 2,000 1,500 898 1,000 500 - (500) (218) (651) Net Profit/ (Loss) (1,000) Total Other Comprehensive Income YTD Sept'22 YTD Sept'23 4

FINANCIAL OVERVIEW BALANCE SHEET 30-Sep-23 31-Mar-23 (Audited) Particulars Assets Investment in Associates Investments at fair value Property & other assets Receivables and prepayments Cash and Bank Balance Total Assets 31,750 14,327 2,308 178 504 49,067 31,048 14,176 2,308 1,116 183 48,831 Equity Share Capital Legal Reserve Fair Value reserve Retained Earnings Total Equity 20,600 4,603 3,007 4,849 33,059 20,000 4,603 1,152 5,551 31,306 Liabilities Bank Borrowings Payables Total Liabilities Total equity and liabilities Net assets per share (in Baiza) 15,625 383 16,008 49,067 160 17,142 383 17,525 48,831 157 5

Bank Borrowing Debt Equity Ratio Management Comments 37,000 0.70 Interest rates have increased during last year, due to the increase in rates globally. 0.62 0.55 33,060 0.60 31,306 32,000 0.47 29,119 0.50 27,000 0.40 0.30 22,000 18,163 17,142 0.20 15,625 17,000 0.10 12,000 - 30-Sep-22 31-Mar-23 30-Sep-23 Bank Borrowing Total Equity Debt/ Equity Effective Rate of Interest Particulars (OMR 000) Actual outstanding Interest cost Range of Interest Rates Effective rate of Interest Sept-22 18,163 497 5.50% - 6.50% 5.70% Sept-23 15,625 507 5.00% - 6.50% 5.91% 6

Performance of Associate Companies June23 (6M) Net Profit (OMR'000) Revenue (OMR 000) 15,445 16,140 17,143 20,000 14,614 1,762 2,000 12,922 12,867 18,000 1,426 1,323 16,000 10,666 1,500 10,206 14,000 12,000 7,494 1,000 6,242 10,000 5,024 340 280 271 500 8,000 3,537 174 143 39 5 6,000 1,234 1,185 0 4,000 Oman Chlorine SAOG -146 National Detergent SAOG Arabia Falcon Insur. SAOG Alruwad School SAOC Voltamp Energy SAOG Al Maha Ceramics SAOG National Biscuit SAOG 2,000 -149 -500 0 -488 Oman National Detergent SAOG Arabia Falcon Insur. SAOG Alruwad School SAOC Voltamp Energy SAOG Al Maha Ceramics SAOG National Biscuit SAOG -1,000 Chlorine SAOG -947 -1,500 June'22 June'23 June'22 June'23 Share of Profit (OMR 000) Management Comments All of our Associate Companies, except Alruwad School, are listed companies. Investors and financial analysts can obtain more details from MSX. The performance of Voltamp, NDC, and NABIL has improved compared to last year, reporting better profits. On the other hand, Al Maha, Alruwad School, Oman Chlorine, and Arabia Falcon reported either losses or lower profits compared to last year. A major decline was noted in the performance of Al Maha due to a share of loss of OMR 786,721 recorded from its newly acquired associate, Al Hael Ceramics LLC, and a decline in revenue due to increased competition from low-cost imported tiles in the GCC and the impact of new customs duties in KSA. Alruwad School has reported lower revenue and a loss for the six-month period ending on July 31, 2023. This is primarily due to a lower number of students enrolled in the school during the academic year. The school has signed an agreement with Ellesmere, UK, and we expect that the school's performance will improve in the coming years. Oman Chlorine has underperformed mainly due to lower selling prices of Caustic products and increased cost of borrowing of its subsidiaries in Qatar and UAE. The increase in total claims affected the performance of Arabia Falcon. 500 390 400 315 314 300 200 77 71 61 51 42 100 10 2 0 -100 -28 -37 -200 -212 -300 -233 Voltamp Energy SAOG Oman Chlorine SAOG National Detergent SAOG Arabia Falcon Insur. SAOG Alruwad School SAOC Al Maha Ceramics SAOG National Biscuit SAOG June'22 June'23 7

Thank You 8