Annual Report (Q1-21)

Quarter Report Year 2021 Ali Bin Ali Medical W.L.L. Table of Content Page 1 of 17

Content A. Introduction B. ABAM Divisions 1. Medical Laboratory Solutions  Hospital Lab Department  POCT Department  Infection Control Department  Veterinary Department  Industrial Lab Department  Food Safety Department  Lab Customer Services 2. Dental Solutions  Material & Accessories Section  Equipment Section  Dental Laboratory  Dental Custoemr Services 3. Well Being Solutions  Cardiology Unit  Diabetes Unit  Hemodialysis Unit 4. Surgery & Diagnostic Solutions  Surgery Unit  I-Care Unit  Specialty Unit  Medical Customer services 5. Imaging Solution Solutions  Radiology Unit  Radiology Accessories Unit 6. Projects Solutions 7. Artificial Intelligence Solutions 8. Equipment Turnkey Solutions 9. Customer Imaging Services Solutions Page 2 of 17

Ali Bin Ali Holding The Ali Bin Ali Group is a privately owned company with a heritage that dates back to 1945. Our roots began with a vision to provide quality international products and services to the people of Qatar. Today our Group is one of the largest retail and distribution companies in Qatar. We are also proud to say we have a long-standing reputation for building successful partnerships with the world’s leading brands across a diverse range of business activities. This success is born out of our unwavering commitment to the long-term development and strategic growth of not just our Group but also that of our partners. Our knowledge of the market is unrivaled. That is what keeps us ahead in an environment of phenomenal growth in Qatar. Ali Bin Ali Group has evolved and grown in response to Qatar’s diversifying requirements. Ali Bin Ali Medical As a division of the Ali Bin Ali Group, Ali Bin Ali Medical represents an extensive portfolio of international brands, covering multiple disciplines in the medical field. Working in cooperation with international partners we undertake total solution projects which include design, construction, supervision and equipping of Hospitals, medical centers and clinics offering turnkey projects. Apart from the physical completion of the project Ali Bin Ali Medical also complement its services with recruitment, training for medical and non- medical staff and sales services including equipment maintenance. Ali Bin Ali Medical is a well-established company that was started in 1998 by a team of highly qualified, skilled and determined professionals, Building on the strength of more than 20 years of experience. The Company’s name reflects its founder and their legacy, as for the company's ongoing success. Page 3 of 17

ABAM GM Messages: Over the past twenty years, the healthcare industry has undergone significant changes. Dramatic technological advancements, physician practices, and most importantly, consumer expectations have remolded the way healthcare providers think and operate. Ali Bin Ali Medical was established with the aim of precisely identifying the unmet medical needs and supply products and services in a timely manner and reflecting the latest clinical evaluations from around the world. With this in mind, we are currently committed to developing our business toward the realization of our long-term strategic vision. It is only through listening to our customers, learning the true needs of patients, and adhering to our benchmarks that we can sustain our leadership. We fully realize that our work touches patients' lives, and therefore, their current and future wellbeing are at the heart of everything we do. We thank our investors and partners for their confidence in our Company, and we thank our employees for committing their talent and expertise to our success. We look forward to reporting continued strong performance going forward Zuhdi Al Jaouni General Manager Page 4 of 17

Vision, Mission & Core Values: [I] Vision To Inspire To exceed Qatar’s health care expectations by providing constantly evolving services and resources through excellence, dedication and loyalty. [II] Mission Providing the highest quality of products and services at Our Clients the most competitive prices for Our Principles Our Employees Building mutual beneficially long term partnerships with Our Company Provide opportunities for growth and development for Aiming to earn profits that will ensure regular growth for [III] Core Values Our Core Values is the HEART of our Business H Heart of Knowledge The company strives to keep updated with the latest technology E Enthusiasm for Improvement The company aims to continually improve all facets of its operation A Ambitions Demonstrating excellence in what we do and how we do it R Recognition of Excellence We commit to creating and adhering to high standards of excellence T Thrive for collaboration Working as a team internally and with our customers to accomplish great things for healthcare Page 5 of 17

Certificates: 1. Quality Management System ISO 9001:2015 Ali Bin Ali Medical Management is committed to consistent provision of products and services that is meeting or exceeding our costumers’ requirements and expectation by combining expertise and high quality services with implementation and completion to ISO 9001:2015 Quality Management System standard and other applicable statutory requirement and continually improving its effectiveness 2. Classification Certificate Ali Bin Ali Medical is classified as Grade (A) Company in the Ministry of Finance Page 6 of 17

Team & Divisions Our Team:  Ali Bin Ali Medical’s personnel is formed by the highest calibers and most experienced team, integrated with enough technical capacity and motivation to face up the challenges of a highly competitive sector. ABAM strives to promote the balance between personal and professional satisfaction and development of our employees. Our Divisions: • We trace our origins to the vision of the future of healthcare in Qatar. Ali Bin Ali Medical has been re-inventing its goals in order to fulfill Qatar’s ambition to meet the comprehensive needs of the booming healthcare sector in the country and align ourselves with the developments and directions of the medical sector across the world. The new linear & systematic organizational structure focuses on making the company even more customer-oriented. Sales Divisions:  Laboratory Solutions  Dental Solutions  Surgery & Diagnostic Solutions  Imaging Solutions  Customer Imaging Services Solutions  Projects Solutions  Artificial Intelligence Solution  Equipment Turnkey Solutions  Customer Imaging Services & Biomedical Services Solutions Support Functions:  Supply Chain  Finance & Legal  Quality Assurance  Product Development  Education & Application Page 7 of 17

Man Power History: Total Workforce Resigned & Terminated Hired 140 120 100 80 60 40 20 0 2018 2019 2020 2017 Beginning 2017 2018 2019 2020 2021 of the year 94 98 93 98 82 Resigned 14 17 8 17 &Terminat 18 12 13 1 ed 98 93 98 82 Hired Net Employees Page 8 of 17

Sales Analysis: ABAM Divisions 1. Medical Laboratory Solutions Proper diagnosis forms the backbone of all treatment, providing Healthcare providers with the right information at their fingertips. This helps in the right treatment and speedy recovery of a patient in suffering Medical Laboratory covers three key Departments:  Hospital Lab Department  POCT Department  Infection Control Department  Veterinary Department  Industrial Lab Department  Food Safety Department Total Number of sales persons: 4+1 Unit manager I. Ahmed Soliman (Unit Manager) 2. Hisham Mahmoud (POC - Department Head) 3. Emna (Hospital Lab - Department Head) 4. Rosine (Vet - Department Head) 5. Mehdi (Infection – Department Head) Actual Budget Variance QR 2,068,000 Sales Q1 2021 QR 952,000 QR 8,149,000 - (QAR 6,081,000) PBT Q1 35% GP QAR 6,872,000 Stock Laboratory Unit Suppliers: Hospital Lab Infection Lab Point of Care  Stelco  Lifescan  Nanosonic  Nova biomedical Page 9 of 17

2. Dental Soluions: Dentistry offers care and treatment to one of the most abused part of a human body. We offer consultancy for dentists who are looking for solutions to assist them in their practice. We have worked as consultants for well-known projects by supplying turn-key solutions – including but not limited to Dental furniture, equipment, design, imaging systems, civil and MEP works, consumables, specialized products like Implants and orthodontic items etc. We also provide Continuous Medical Education to dentists and other dental practitioners. We run training courses for customers according to their specific requirements Dental Div. covers three key Departments:  Dental Equipment  Dental Material  Implantology Total Number of sales persons: 4+1 Unit manager 1. Mohammed Shaat (Unit Manager) 2. Dergam (Department Head) 3. Rowaa (Department Head) 4. Ravi (Brand Manager) 5. Bassem (Department Head) Actual Budget Variance QR 4,294,000 Sales Q1 2021 QR 1,468,000 QR 6,335,000 - (QAR 2,041,000) PBT Q1 57% GP QAR 5,710,000 Stock Dental Unit Suppliers: Dental Equipment Dental Material Implantology  DENTSPLY SIRONA  3M  ITI STRAUMANN  IVOCLAR  DÜRR DENTAL  BIOTECK  HU-FREIDY  ARIES DENTAL  CARLO DE GIORGI  WASSERMAN DENTAL Page 10 of 17

3. Wellbeing Solutions: Diabetes and Cardiovascular diseases have been termed as the fastest growing epidemic across the world. These two are termed as silent killer and with the latest technologies, it is possible to improve quality and extend of life and manage healthcare expenditure. Well Being Div. covers two key sections:  Cardiology  Diabetic Total Number of sales persons: 3 Sales person + 1 Unit Manager 1. Nazimuddin Parker (Unit Manager) 2. Chaima (Cardiology Department Head) 3. Razan (Diabetes Department Head) 4. Sawsan (Diabetes Department Head) Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 1,148,000 QAR 5,590,000 - (QAR 4,442,000) GP QAR 507,000 Stock 34% QAR 1,573,000 Wellbeing Unit Suppliers: Diabetic Cardiology  MEDTRONIC  MEDTRONIC  PTS DIAGNOSTICS  FUJIFILM SONOSITE  CNS SYSTEMS  TORAY MEDICAL Page 11 of 17

ABAM Divisions 4. Surgical & Diagnostic Solutions [SDS] The SDS Solutions provides a complete solution in areas of surgery and diagnostics through supply and training of equipment and consumables required in these fields to reputed clients in Qatar. This division is divided into 3 Units as follows: I. Surgery Unit II. I-Care Unit III. Specialty Unit  General Surgery  Pharma EENT  Robotics  Distribution Aesthetic & Cosmetology  Urology  Automation Critical Care  Automation Hospital Furniture Musculoskeletal Wound - Care Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 7,562,000 QAR 10,040,000 - (QAR 2,478,000) GP QAR 1,219,000 Stock 38% QAR 3,758,000 i. General Surgery Unit: ABAM are a suppliers of a wide range of innovative products and services. We adopt the best of both traditional and new technologies, enabling us to offer our customers the highest quality products and services. Our focus is to offer innovative, cost effective solutions to customers’ everyday needs and this is reflected in the range of products and services we offer. Our experience in providing solutions within the surgical field spans many decades and ensures that first and foremost, we understand our customers’ needs and can offer solutions that not only meet, but exceed customers’ expectations Surgery Unit covers three key Departments:  Robotics Surgery  General Surgery  Urology / Gynacology Page 12 of 17

Total Number of sales persons: 2 sales + 1 Application Sp. 1. Chrystal (Department Head) 2. Navas (Application Specialist) 3. Noor (Department Head) General Surgery Unit Suppliers: Robotics Surgery General Surgery Urology  Intuitive Surgical  HOSPITALTECHNIK  Richard Wolf GmbH  RICHARD WOLF  OPTOMIC  PAJUNK  ARDO MEDICAL  VINCENT MEDIKAL ii. I-Care Unit: We are specialized in providing innovative pharmaceutical products and automation systems to the healthcare market. As consistently client focused, we support all our clients in their position of providing excellent healthcare services through our global brands and the global business practices that we practice daily. I-Care Unit covers the below Departments:  Distribution  Pharma  Pharmacy Automation System Total Number of sales persons: 1 Unit Manager + 1 Sales Person 1. Rawan (Unit Head) 2. Ashely (Department Head) I-Care Unit Suppliers: Distribution Pharma Pharmacy Automation System  LOHMANN & RAUSCHER  BARICOL  CAPSA LABS  YASENKA PHARMA  HEALTH ROBOTIC  IHEALTH LABS  APOSTORE  BAYRAMLI  KIRBY LESTER  ADAM SCALES  OGINE Page 13 of 17

iii. Specialty Unit: Our specialty is to be the provider of all innovative and most advanced technological equipment, we seek to become the leading provider the EENT consumables, equipment, paramedical equipment, home care [devices and consumables], intensive care, sport medicine and physiotherapy. Specialty Unit covers four key Departments:  EENT  Aesthetic & Cosmetology  Critical Care  Hospital Furniture  Musculoskeletal  Wound - Care Total Number of sales persons: 5 Sales persons + 1 Unit Manager 1. Rouah (Unit Manager) 2. Yosra (Cosmetology Department Head) 3. Tarek (Physiotherapy & Sports Department Head) 4. Walaa (EENT Department Head) 5. Rasha (Furniture Department Head) 6. Cynthia (Wound Care Department Head) Specialty Unit Suppliers: ENT Cosmetology Critical Care Hospital Furniture Musculoskeletal  Medtronic  Lumenis  Schiller  NITROCARE  GYMNA UNIPHY  Optomic  Eunsung  Fresenius  FAVERO  MUELLER  Quantel  Alfaaparf  Fritz  HIDEMAR  KUBLER  Decoria  FAMED  AEGIR  Juventex Stephan  LINEALIFE  LITE CURE  C- Products  Pajunk  MVS  Celense  Curative  Schwa Medico  North Cost Medical Page 14 of 17

ABAM Divisions 5. Imaging Solutions [IMS] Medical imaging is the procedure used to create images of the human body (or parts and function) for clinical purposes, medical procedures seeking to reveal, diagnose, or examine disease. Medical imaging technology and equipment offers an unprecedented aid to medical professionals to diagnose and treat a number of diseases which were not possible before. This division is divided into 2 Units as follows: i. Radiology Unit ii. Radiology Accessories Unit o Osama Al Fares (Division Manager) o Jana Musa (Unit Manager) o Esraa (Department Head) Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 1,504,000 QAR 14,897,000 - (QAR 13,393,000) Stock - (QAR 2,841,000) QAR 2,442,000 IMS Suppliers:  Siemens Healthineers  Wolf X-Ray  Protech  Nucletron  Civco  Bayer Medrad Page 15 of 17

ABAM Divisions 6. Customer Imaging Services [CIS] The Customer Services will be in charge of the installations and commissioning of Radiology & Oncology Equipment in our clients’ premises. We take care of the machines after sales service and we have undertaken the maintenance contract for equipment's with expired warranty. The department ensures continued operation of all machines in good working condition as well safety of both patients and the in-users Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 13,910,000 QAR 16,316,000 - (QAR 2,406,000) GP QAR 2,649,000 Stock 27% QAR 63,000 7. Projects Services Solutions The Project Solutions provides a dedicated team of highly skilled professionals focused on providing planning, design, engineering and construction services for acute care hospitals and other healthcare facilities. Our experienced team of hospital consultants, architects, engineers and construction specialists work together every day. This minimizes variables and prevents your project from going off course, allowing you to stay in control of your project Actual Budget Variance QAR 2,248,000 Sales Q1 2021 QAR 878,000 QAR 13,486,000 - (QAR 11,238,000) PBT Q1 66% GP Page 16 of 17

Summary: Sales: 18,000,000 Medical Dental Well Being Surgery & Imaging Projects Customer 16,000,000 Laboratory Solutions Solutions Diagnostic Solution Solutions Imaging 14,000,000 Solutions Solutions Solutions Services 12,000,000 4,294,000 1,148,000 2,248,000 Solutions 10,000,000 2,068,000 6,335,000 5,590,000 7,562,000 1,504,000 13,486,000 8,149,000 10,040,000 14,897,000 13,910,000 8,000,000 Q1 Sales 6,000,000 Q1 Budget 16,316,000 4,000,000 2,000,000 0 Q1 Sales Q1 Budget Total Sales Actual Full Year Forecast Gross Profit 32,734,000 Overheads & Expenses 10,199,000 (31.1%) 291,411,000 Profit Before Tax 10,077,000 78,307,000 3,824,000 Stock 20,528,000 (26.8%) 35,669,000 35,113,000 Page 17 of 17