Quarter Report (Q1-21)

Quarter Report Year 2021 Ali Bin Ali Medical W.L.L. Table of Content Page 1 of 15

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 15

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 15

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 4 of 15

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. Sales Divisions:  Laboratory Solutions  Dental Solutions  Surgery & Diagnostic Solutions  Imaging Solutions  Customer Imaging Services Solutions  Projects Solutions  Artificial Intelligence Solutions  Equipment Turnkey Solutions  Customer Imaging Services Support Functions:  Supply Chain  Finance  Quality Assurance  Product Development  Education & Application  Contracts & Compliances Page 5 of 15

Man Power History: Total Workforce Resigned & Terminated Hired 2018 140 2019 2020 2021 120 100 2021 82 80 4 60 10 40 88 20 0 2017 Beginning 2017 2018 2019 2020 of the year 94 98 93 98 Resigned 14 17 8 17 &Termina 18 12 13 1 ted 98 93 98 82 Hired Net Employee s Page 6 of 15

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 solution covers the below 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 Aoudette (Hospital Lab - Department Head) 4. Rosine Chamoun (Vet - Department Head) 5. Mehdi Rebaii (Infection – Department Head) Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 2,068,000 QAR 8,149,000 - (QAR 6,081,000) GP QAR 952,000 QAR 297,000 QAR 655,000 Stock 35% 29.38% 5.62% QAR 6,872,000 Laboratory Unit Suppliers: Hospital Lab Infection Lab Point of Care  Orthro Diagnistics  Stelco  Lifescan  Sysmex (Hemostasis)  Nanosonic  Nova biomedical Page 7 of 15

ABAM Divisions 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. Dental Solution covers the below key Departments:  Dental Equipment  Dental Material  Dental Labortaory  Implantology Total Number of sales persons: 5+1 Unit manager 1. Mohammed Shaat (Unit Manager) 2. Dergam Allakood (Department Head) 3. Rowaa Sallam (Department Head) 4. Ahlam Ghomri (Department Head) 5. Ahmed Abdul Maksoud (Brand Manager) 6. Shaza Abousamaan (Department Head) Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 4,294,000 QAR 6,335,000 - (QAR 2,041,000) GP QAR 1,468,000 QAR 1,043,000 QAR 425,000 Stock 57% 34.41% 22.6% QAR 5,710,000 Dental Unit Suppliers: Dental Equipment Dental Material Dental Lab Implantology  DENTSPLY SIRONA  3M  IVOCLAR  ITI STRAUMANN  DÜRR DENTAL  RENFERT  BIOTECK  HU-FREIDY  RIDDISH STONE  CARLO DE GIORGI  ARIES DENTAL  LORAN  WASSERMAN DENTAL  TECNO-GAZ Page 8 of 15

ABAM Divisions 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 Solutions covers the below key Departments:  Cardiology  Diabetic  Hemodialysis  Peripheral & Venous Total Number of sales persons: 3 Sales person + 1 Unit Manager 1. Nazimuddin Parker (Unit Manager) 2. Chaima Trabelsi (Cardiology Department Head) 3. Razan Alzuabi (Diabetes Department Head) 4. Sawsan Abu Alteen (Diabetes Department Head) Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 4,500,000 QAR 5,590,000 - (QAR 1,090,000) GP QAR 507,000 QAR 973,000 - (QAR 466,000) Stock 34% 29.36% 4.64% QAR 1,573,000 Wellbeing Unit Suppliers: Diabetic Cardiology  MEDTRONIC  MEDTRONIC  PTS DIAGNOSTICS  FUJIFILM SONOSITE  CNS SYSTEMS  TORAY MEDICAL Page 9 of 15

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 4,262,000 QAR 10,040,000 - (QAR 5,778,000) GP QAR 1,219,000 QAR 1,378,000 - (QAR 159,000) Stock 38% 30% 8% QAR 3,758,000 Page 10 of 15

i. General Surgery Unit: 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 covers the below key Departments:  Robotics Surgery  General Surgery  Urology / Gynacology Total Number of sales persons: 1 sales + 2 Application Sp. 1. Chrystal Ramiro (Sinor Product Specialist) 2. Muhammed Navas (Application Specialist) 3. Noor Shaikha (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. I-Care Unit covers the below key Departments:  Distribution  Pharma  Pharmacy Automation System Total Number of sales persons: 1 Unit Manager + 1 Sales Person 1. Rawan Al Naaseh (Unit Head) 2. Ashely Rozario (Sinor Product Specialist) I-Care Unit Suppliers: Distribution Pharma Pharmacy Automation System  LOHMANN & RAUSCHER  BARICOL  HEALTH ROBOTIC  CAPSA LABS  YASENKA PHARMA  APOSTORE  IHEALTH LABS  KIRBY LESTER  BAYRAMLI  ADAM SCALES  OGINE Page 11 of 15

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 the below 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 Ben Romdhane (Cosmetology Department Head) 3. Tarek Youssry (Physiotherapy & Sports Department Head) 4. Walaa Jaber (EENT Department Head) 5. Rasha Alawneh (Furniture Department Head) 6. Cynthia Alalam (Wound Care Department Head) 7. Usman Naeem (ICU 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 12 of 15

ABAM Divisions 5. Imaging Solutions [IMS] 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. Imaging Solutions covers the below key Units: i. Radiology Unit ii. Radiology Accessories Unit iii. Oncology Unit Total Number of sales persons: 2 Sales persons + 1 Division Manager 1. Osama Al Fares (Sr. Division Manager) 2. Jana Musa (Unit Manager) 3. Esraa Abusini (Department Head) Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 1,504,000 QAR 14,897,000 - (QAR 13,393,000) GP - (QAR 2,841,000) QAR 2,012,000 - (QAR 4,853,000) Stock - 99.07% 23.9% - 122.97% QAR 2,442,000 IMS Suppliers: Radiology Unit Radiology Accessories Unit Oncology Unit  Wolf X-Ray  Siemens Healthineers  Protech  Nucletron  Civco  Bayer Medrad  Braco  Lap laser Page 13 of 15

ABAM Divisions 6. Customer Imaging Services The Customer Services will be in charge of the installations and commissioning of Radiology & Oncology Equipment in our clients’ premises. The department ensures continued operation of all machines in good working condition as well safety of both patients and the in-users This Division is under Mr. Raed Battah (Sr. Division Manager) 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 QAR 2,936,000 - (QAR 287,000) Stock 27% 25.21% 1.79 % 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. Total Number of sales persons: 4 Engineers + 1 Division Manager 1. Pius Obiora (Division Manager) 1. Mahmoud Eljamal (Project Manager) 2. Haider Mohammad (Project Engineer) 3. Mohamed Hassan Elkomy (Department Head) 4. Paulino Flores (Project Engineer) Sales Q1 2021 Actual Budget Variance PBT Q1 QAR 2,248,000 QAR 13,486,000 - (QAR 11,238,000) GP QAR 878,000 QAR 2,950,000 - (QAR 2,072,000) Stock 66% 27.6% QAR 0 38.4% Page 14 of 15

ABAM Q1 Summary: Q1 Actual Vs. Budget Sales: Medical Well Being Surgery & Imaging Projects Customer Laboratory Dental Solutions Solutions Diagnostic Solution Solutions Imaging Solutions Solutions Solutions Services 2,248,000 Solutions Q1 Sales 2,068,000 4,294,000 4,500,000 4,262,000 1,504,000 13,486,000 Q1 Budget 8,149,000 6,335,000 5,590,000 10,040,000 14,897,000 13,910,000 Q1 Budget 16,316,000 Q1 Sales Q1 Actual Vs. Budget Profit Before Tax: Q1 Gross Profit Lab Customer Dental Imaging Medical Surgery & Customer Services Laborator Dental Diagnosti Imaging Well Imaging Projects Services Surgey & y Solutions Being c Solution Solutions Solutions Diagnostic Solutions Solutions Solutions Solutions Q1 PBT 952,000 1,468,000 507,000 1,219,000-2,841,0002,649,000 878,000 Q1 Budget PBT 297,000 1,043,000 973,000 1,378,000 2,012,000 2,936,000 2,950,000 Q1 PBT Q1 Budget PBT Total Sales Q1 Q1 Q1 Full Year Gross Profit Actual Budget Variance Forecast Profit Before Tax 32,734,000 10,199,000 74,813,000 -(42,079,000) 291,411,000 Stock (31.2%) 3,824,000 20,692,000 -(10,493,000) 78,307,000 (27.7%) 3.50 % (26.8%) 20,528,000 10,422,000 -(6,598,000) 35,113,000 Page 15 of 15