Egypt | At a glance: structurally-attractive growth market Commercial Retail Lubricants Aviation Fuel retail Deregulated business Deregulated business Regulated fuel margins but increased annually Driven by GDP Driven by tourism activity Driven by population growth and mobility Limited exposure to EGP USD denominated Convenience retail growth 35kT 190mL 243 2.4bL lubricants aviation fuel volume station network retail fuel volume ~30% ~50% 138 ~20% Lubricants segment Aviation fueling segment C-stores Retail segment EBITDA contribution EBITDA contribution EBITDA contribution 38