VICE CHAIRMAN & CEO MESSAGE

Dear Colleagues,

It is a great moment for all of us as we completed our financial year 2021 on a high note. We reported a net profit of AED 619.5 mn for 2021, 78% higher than the same period in 2020. Growth, change and search for a bigger tomorrow at Dubai Investments have been instrumental in guiding us to success in 2021.

The new year has opened more positive sentiments with the UAE’s regulatory changes setting the tone for economic recovery and creating a positive environment for businesses growth.

As a Company, we shall continue to capitalize on the compelling business opportunities the region is opening to. In 2022, the Company will continue to focus on the real estate sector and the project announced in Ras Al Khaimah, reiterates the Company’s commitment and strength to expand the real estate portfolio across the region.

The Company’s robust expansion and diversification plans are in line with strengthening presence across existing business sectors and expanding presence geographically. With viable business opportunities in Africa, Dubai Investments plans to expand into the African markets with the expansion of its real estate, education and manufacturing sectors. The planned duplication of the DIP model in Africa is a step forward in establishing a strong presence in these markets. The Company is extending investments within the educational sector in Africa and will also step-up efforts to capitalize on the needs of the emerging manufacturing sector.

I want to thank you for your continued commitment and effort. Every one of us has an important role to play in the work ahead and I’m confident that together we will achieve great things.

Khalid Bin Kalban
Vice Chairman & CEO of Dubai Investments

ACHIEVEMENTS

1^ST

Rank in the Islamic market index among the largest companies

Weight in Index 10%

2^ND

Rank in semi-annual review of the weights of companies listed in the Dubai Financial Market General Index

Share weightage 6.08%

(AS OF JANUARY 2022)

FLASH NEWS

Dubai Investments published
Sustainability Report for 2021

NEWSMAKERS

EXPANDING HORIZONS IN THE GLASS INDUSTRY

Scaling New Heights - State-of-the-art furnace produces whopping 8-meter glass

Emirates Glass has partnered with Helsinki-based Glaston group for this latest technology that gives an edge within the industry

Flying high in Pakistan

EmiCool^® ST added splendour to Abul Qasim
Tower in Karachi, Pakistan

Exploring new markets

Emirates Glass participated in the Real Estate Development Summit in Cairo, Egypt

The new high for Low-E glasses

Emirates Glass received order of Emicool Solite Mistral for Chorisia Villas Project at Al Barari, Dubai

Strengthening capacity

Emirates Float Glass with the new coater line is penetrating the market with newer products and capacities

FACILITATING A NEW VENUE IN FUJAIRAH

Al Taif Business Centre, facilitated the successful hosting of the 16^th Arab International Mineral Resources Conference, setting the pace for the venue as an ideal location for large-scale events

COLLABORATING TO DELIVER HIGH QUALITY OF LIVING

Promises overall well-being in Green Community

Signed with Farnek for total facilities management (TFM)

Farnek’s innovative solutions will enhance and improve the overall ambience for the residents while maintaining the green quotient

IMDAAD TO INSTALL AND MAINTAIN THE ECO-FRIENDLY MOSQUITO CONTROL SYSTEM

Biogents' highly effective traps target mosquitoes without using toxic pesticides

ACCELERATING FINANCIAL DEVELOPMENT

Dubai Investments & subsidiary Al Mal Capital participated in Annual Investment Meeting 2022 (AIM), exploring and facilitating the process of financial development

DELEGATION VISITS

RWANDAN DELEGATION VISITED THE EMIRATES EXTRUSION FACTORY

MD Khalfan Al Suwaidi welcomed Emmanuel Hategeka, Ambassador of the Republic of Rwanda to the UAE and Edouard Bizumuremyi, Minister Counsellor, General Consulate of the Republic of Rwanda UAE for a tour of the factory premises

UAE DELEGATION VISITED DUBAI INVESTMENTS HQ

Dubai Investments Chairman Abdulrahman Ghanem A. Al Mutaiwee, and his senior team, welcomed Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, to discuss the UAE’s new trade agenda

SHINING BRIGHT IN THE INDUSTRY

MAKING STRIDES TO THE TOP

Globalpharma gained a leading position in the Generic Market according to the latest #IQVIA market audit report

FOCUSING ON MADE IN UAE

Participated in the Arab Health Exhibition 2022 highlighting made in UAE initiatives

GLOBALPHARMA @ DUPHAT 2022

The team engaged & interacted with pharmacists across the region

BRACING FOR NEWER CHALLENGES

Expanded the Penicillin packing plant hall space and warehouse capacity to adapt to growing requirements

CRANKING UP THE SPEED

Completed construction at blazing speed

3 level building constructed with 3,500 MT of steel in 3 months

Building it big in Africa

Emirates Building Systems awarded new contract in Ethiopia for a 55,000 m2 beverages factory

LIVING IT UP IN MIRDIFF HILLS

Owners Association Management
for a stress free living

Dubai Investments Real Estate (DIR) appointed Al Mujama Owners Association

Mujama OA plays host to RERA

Al Mujama Owners Association welcomed officials to the serene surroundings of the project

Retail on a high in Mirdiff Hills

90% of the gross leasable area of the retail spaces has been leased out!

CO-OPERATING WITH RTA TO MOVE DUBAI FORWARD

Dubai Investments Park signed co-operation agreement with RTA on the sidelines of the MENA Transport Congress and Exhibition 2022

EMICOOL - MOVING
WITH THE TIMES

Emicool sponsored the MENA Transport Congress & Exhibition focussed on redefining cities in a developed world

DI DIARIES

CARING FOR OUR PEOPLE

Dubai Investments organised Stress & Resilience session for employees

Dubai Investments Park successfully concluded the 14th DIP Corporate Sports competition aimed at enhancing the health & wellbeing of employees

Dubai Investments employees gathered for the
employee event at Mirdif Hills

Mirdif Hills welcomed Dubai Investments employees for an employee gathering

Dubai Investments Park opened a new public park in DIP 1 called Community Park

RUNNING TOGETHER FOR A SUSTAINABLE CAUSE

Dubai’s first ‘Dubai Investments Green Run' debuted in Dubai Investments Park. The run was aimed at promoting a healthy and sustainable lifestyle for all. Participants were encouraged to run and walk

CELEBRATING WOMEN

Dubai Investments and subsidiaries marked International Women's Day 2022 and pledged for gender equality by breaking the bias

BRINGING HEALTHCARE CLOSER

NMC Healthcare opened a new 24- hour drive-through PCR test centre in Dubai Investments Park

MAKING LIFE CONVENIENT

Grandiose Supermarket opened its 4th largest store within OSR Mall, in Dubai Investments Park

Lulu Hypermarket opened a 10,000sq ft hypermarket featuring a full-fledged supermarket section and the popular Lulu Connect Digital in Dubai Investments Park 1

KNOWLEDGE CORNER

DI SUSTAINABILITY REPORT 2021 HIGHLIGHTS

CULTURE COMMITTEE

Established

ETHICAL GOVERNANCE

Board review commissioned

16%

reduction in direct GHG emissions (scope 1)

44%

of water recycled or reused

72%

local suppliers engaged

7,900+ HOURS

in HSE training delivered

UAE MAKES SOLID IMPROVEMENT
IN THE SOFT POWER INDEX 2022

1^ST

Rank
in the region

15^TH

Rank Globally,
against 24th last year

The UAE's soft power lies in its ability to bring people together to create the world's greatest opportunities for development

~ HH Sheikh Mohammed bin Rashid Al Maktoum ~

NEW LABOUR LAW

All you need to know about Part-time jobs for teens, how to apply for work permit

RULES THAT EMPLOYERS MUST FOLLOW WHEN HIRING FROM AGES 15 TO 18

Teenagers above 15 can opt for part time jobs or interships in private companies
Teenagers must obtain relevant permit from the Ministry of Human Resources and Emiratization

UAE NEW DECREE

To enhance safety of workers at construction sites

Who is it for?

Establishments with 50 or more workers and the wage of each worker is less than AED 1,500 per month

What does the law say?

Construction and industrial workers not permitted to work outdoors or in places under the sun from 12:30 PM to 3:00 PM from June 15 to September 15
Establishments with 100 or more employees need to hire a Health & Safety Officer to ensure labourers are protected from various risks in the workplace

Expo 2020 - Transforming UAE's real estate landscape

By 2022, the UAE real estate market will undergo a dramatic change due to these factors:

Demand for larger
residential units

Return of foreign
investors to Dubai

Expatriate-friendly
economic reform measures

100% foreign ownership of onshore enterprises

DI - Q1 2022 NEWSLETTER