HILY HOLDING PJSC — Earnings Release 2020

Feb 13, 2021

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Preliminary Results of Foodco Holding PJSC (Final Result Brief for the year ended 31/12/2020)

First - General Information :

Name of the company : Foodco Holding PJSC Date Establishment : 1979 Paid up capital : AED 120,000,000. Subscribed capital : AED 120,000,000. Authorized capital : AED 120,000,000

Chairman of the Board: Ahmed Ali Khalfan Al Mutawa Al Dhaheri

Chief Executive Officer : N/A

Name of the external auditor: Ernst & Young Mailing address : P.O Box 2378, Abu Dhabi UAE Tel : 02-6731000 Fax : 02-6732100 E – mail : tayseer@foodcouae.com

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Second - Preliminary Results (AED) :

2020 2019 1-Total Assets 848,326,059 989,384,816 2- Shareholders Equity 398,873,630 326,392,771 3- Revenues 198,565,413 162,537,475 4- Net Operating Profit / (Loss) 78,496,248 (80,456,300) 5- Net profit for the period 55,864,933 (105,587,556) 6- Earnings per share 0.47 (0.88)

7-Summary of the company’s performance for the last fiscal year. Despite of the challenges in FY2020 due to COVID 19 and its impacts on the entire business sectors, the group overall results was remarkable. this mainly resulted from

the group diversify business segments strategy adopted in the past years which led to this result.

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Ahmed Al Dhaheri

Chairman

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14/02/2021