GB Auto E : 3Q22 Investor Factsheet

Date of Listing		Number of Shares Outstanding		Reuters Code: AUTO.CA
9 July 2007		1,085,500,000		Bloomberg Code: AUTO.EY

INVESTOR FACT SHEET - 3Q 2022

Operating six lines of business across Egypt and Iraq, GB Auto is a leading automotive player that boasts a strong operational footprint across multiple sectors - Passenger Cars, Motorcycles & Three-Wheelers, Commercial Vehicles

• Construction Equipment, Tires, Financing, After-Sales, and Regional operations - the company is focused on automotive assembly, manufacturing, sales and distribution, after-sales services, retail, trade-in, and logistics.

	GB AUTO & AUTO			GB AUTO			GB CAPITAL
	RELATED					(FINANCING BUSINESSES)
	EGYPT	EGYPT MOTORCYCLES		GB LEASE	MNT-HALAN
PASSENGER CARS	& THREE WHEELERS
	EGYPT					DRIVE	GB AUTO RENTAL
COMMERCIAL VEHICLES &		EGYPT TIRES
CONSTRUCTION EQUIPMENT
						KAF		BEDAYA
EGYPT AFTER-SALES		REGIONAL
GB AUTO STOCK PERFORMANCE					SHAREHOLDING STRUCTURE
140						35,000,000		(AS OF 30 SEPTEMBER 2022)
120						30,000,000			36.6%
80						20,000,000
100						25,000,000
60						15,000,000
40						10,000,000
20	Feb-22Mar-22Apr-22	May-22Jun-22	Jul-22	Aug-22Sep-22	5,000,000	63.4%
Jan-22	0
0
	Volume		EGX Rebased	GB Auto Rebased			Ghabbour Family
								Free Float
INCOME STATEMENT SNAPSHOT		Three Months Ended			Six Months Ended
(LE million)			3Q21		3Q22	% Change	9M21	9M22	% Change
Total Sales Revenues		8,293.5		7,211.7	-13.0%	22,390.1	22,887.5	2.2%
Total Gross Profit		1,605.0		2,098.2	30.7%	4,416.3	6,109.0	38.3%
Operating Profit		787.4		1,058.6	34.4%	2,237.3	3,174.7	41.9%
EBIT			728.2		1,022.1	40.4%	2,078.5	3,056.3	47.0%
Earnings Before Tax		584.5		810.9	38.7%	1,654.5	2,312.4	39.8%
Net Income / Loss		332.3		550.7	65.7%	1,004.6	1,270.5	26.5%
BALANCE SHEET SNAPSHOT				As of			REGIONAL FOOTPRINT
(LE million)			31-Dec-21	30-Sep-22	% Change
Total Current Assets		19,359.1	20,522.8	6.0%
Total Long-Term Assets		12,749.0	15,012.8	17.8%
Total Assets			32,108.1	35,535.6	10.7%
Total Current Liabilities		19,750.1	20,706.6	4.8%
Total Long-Term Liabilities		4,792.9	5,421.7	13.1%
Non-Controlling Interest		1,649.7	2,278.2	38.1%
Total Shareholder's Equity		7,565.0	7,129.1	-5.8%
Total Liabilities and Shareholder's Equity	32,108.1	35,535.6	10.7%

SHARES	Arqaam Capital | Beltone Financial | CI Capital | EFG Hermes l Rennaissance Capital
COVERED BY	HC Securities | HSBC | Naeem Holding | Prime Holding | Pharos Holding | Sigma Capital

AUTO & AUTO RELATED

EGYPT PASSENGER	3Q22 GROUP REVENUE	29.7%
CARS	CONTRIBUTION

• Assembly and distribution of imported completely-knocked-down (CKD) kits with a production capacity of around 80,000 units per year
• Distribution of imported completely-built-up (CBU) vehicles
• Financing options provided through Drive
• Brands: Hyundai, Chery, Mazda, Changan, Haval

EGYPT COMMERCIAL VEHICLES	3Q22 GROUP REVENUE	4.1%
& CONSTRUCTION EQUIPMENT	CONTRIBUTION
• Assembly and distribution of trucks
• Bus-body manufacturing; distribution of buses
• Manufacturing and distribution of
superstructures and trailers
• Distribution of earth-moving equipment, road
machinery, and power generators
• Brands: Mitsubishi Fuso, Volvo Trucks and
Buses, Volvo Construction Equipment,
Iveco, YTO, Marcopolo, Karry, SDLG, Aksa
and Shacman Trucks
EGYPT TIRES	3Q22 GROUP REVENUE	5.7%
CONTRIBUTION

• Distribution of passenger car, van, truck, construction equipment and bus tires
• Brands: Yokohama, Lassa, Westlake, Double Coin, Verde, Techking, Goodyear, Thunderer and Sunfull

EGYPT MOTORCYCLES	3Q22 GROUP REVENUE	5.8%
& THREE-WHEELERS	CONTRIBUTION

• Assembly and distribution of motorcycles & three-wheelers and manufacturing of components at the Badr Facility
• Financing options provided through Mashroey

• Brands: Bajaj

EGYPT AFTER-SALES	3Q22 GROUP REVENUE	6.7%
CONTRIBUTION

• After-salesservices and distribution of spare parts for passenger cars, motorcycles & three-wheelers, and commercial vehicles & construction equipment
• The largest cross-country network of its kind
• Constant and ongoing expansion of network and service center capacities

REGIONAL

16.2%

3Q22 GROUP REVENUE CONTRIBUTION

• Distribution of imported completely-built-up (CBU) passenger car units in Iraq (MG) with after-sales services
• Distribution of Bajaj motorcycles & three-wheelers in Iraq and after-sales services
• Markets: Iraq
• Brands: MG and Bajaj

STARTUPS

3.2%

3Q22 GROUP REVENUE CONTRIBUTION

• Parts and lubricants business PAL distributes Gazprom Neft Lubricants in Egypt
• The pre-owned vehicles division rolled out a Western-stylepre-owned car operation under the brand name Fabrika
• Retail division 360 operates after-sales and retail outlets, distributing tires, tire parts, batteries, parts and lubricants, and will also offer related services in various locations
• El Mikaneeky is a trusted professional car servicing company that provides affordable solutions to the entire car market
• Under the brand name TVD, the company distributes JMC-branded vehicles
• Markets: Egypt
• Companies: PAL, Fabrika, 360, El Mikaneeky

GB CAPITAL (FINANCING BUSINESSES)

GB CAPITAL

28.6%

3Q22 GROUP REVENUE CONTRIBUTION

• GB Capital oversees the operations of the group's five non-bank financial service providers, offering financing in all segments of the market
• GB Lease provides business-to-business financial leasing services to a wide range of companies, covering all asset classes
• MNT-Halanis Egypt's largest and fastest growing non-bank lender to the unbanked, digitizing traditional banking and cash-based markets through tech and data driven solutions
• Drive offers factoring services, both business-to-business and business-to-consumer
• GB Auto Rental offers car rental services on a quasi-operational lease basis to companies in the market
• Bedaya is a mortgage finance venture offering long-term and competitive mortgages for new move-in homes
• KAF is a life insurance company that was acquired along with EFG Hermes to capitalize on the growing demand for insurance offerings in Egypt.
• Market: Egypt

Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of GB Auto. Such statements involve known and unknown risks, uncertainties and other factors; undue reliance should not be placed thereon. Certain information contained herein constitutes "targets" or "forward-looking statements," which can be identified by the use of forward-looking terminology such as "may," "will," "seek," "should," "expect," "anticipate," "project," "estimate," "intend," "continue" or "believe" or the negatives thereof or other variations thereon or comparable terminology. Actual events or results or the actual performance of GB Auto may differ materially from those reflected or contemplated in such targets or forward-looking statements. The performance of GB Auto is subject to risks and uncertainties.

Mansour Kabbani	Marina Kamal	Sarah Maged	Direct: [phone]	ir.ghabbourauto.com
	Investor Relations	Investor Relations
	Fax: [phone]	E-mail: [e-mail]
Board of Directors Member	Senior Manager	Communications Manager