ANFAAL CAPITAL...ANFAAL CAPITAL'S VISION To be the leading Islamic investment banking service provider in Saudi Arabia ANFAAL CAPITAL'S MISSION To create innovative real estate and

A N F A A L C A P I T A L

P R E S E N T A T I O N O N

A N F A A L ’ S C R E D E N T I A L S

June 2013 Saudi Arabia

ANFAAL AT A GLANCE

A Closed Joint Stock Investment Company founded in May 2010

Authorised Person licensed by Capital Market Authority of Saudi Arabia (CMA)

Licensed by the Saudi Arabian General Investment Authority (SAGIA)

Our core business activities include managing, custody, advising and arranging of securities

ANFAAL CAPITAL

ANFAAL CAPITAL'S VISION To be the leading Islamic investment banking service provider in

Saudi Arabia

ANFAAL CAPITAL'S MISSION To create innovative real estate and investment products and

customized financial solutions in order to deliver superior value to our stakeholders

VISION AND MISSION

35.2 %

27 %

37.8 %

Individuals

ICD is a multilateral organization, affiliated with the Islamic Development Bank (“IDB”) Group. Its shareholders are IDB (50%), public financial institutions (20%) and the member countries (30%)

The mandate of ICD is to support economic development of its member countries through provision of finance to private sector projects in accordance with principles of the Shariah through promoting private sector development

Maybank IB is the investment banking arm of Malayan Banking Berhad (“ Maybank”); Malaysia’s largest financial services group with total assets of US$150 billion

The Maybank Group has an extensive global network of 2,200 offices with 47,000 employees in 20 countries serving 22 million customers worldwide. Its Islamic banking arm, Maybank Islamic is the industry leader in the Asia Pacific region and among the world’s top 15 Islamic banks.

Abed Abdulrasool Abdulnabi Al Zeera – 18.0%

Khalid Mohamed Nasser Al Aboodi – 9.0%

SHAREHOLDING STRUCTURE AS PER CMA APPROVAL DATED 11 APR 2013

VALUE PROPOSITION

Competitive

landscape

Diverse Global Network

Competitive Edge

Market Driven Value Creation

• Leveraging on our shareholders’ diverse global network, we are able to offer unrivalled distribution reach and valuable operational insights into government and businesses from around the globe particularly the Islamic nations.

• With a focus in niche real estate investment opportunities, we pride ourselves with being flexible and responsive to the market’s ever changing needs driven by our determination to provide the optimum solutions products and services level to meet out client’s needs and expectations.

• Most importantly, we aim to contribute towards creating the maximum value (opportunity) for our clients through a mutually beneficial working relationship by tapping on our experience as well as the special experience of our clients.

• We are uniquely poised with our asset management services and comprehensive Shariah-compliant investment banking services to deliver distinctive and tangible values to our clients.

KEY CORPORATE SERVICES

Our range of products and services include Asset Management, Arranging and Corporate Finance Advisory Services, Investment Advisory Services and Custodian Services

Asset Management

Investment Advisory

Arranging & Corporate

Finance

Custody

Implementation Plan

Sukuk Structuring, Capital Raising, Fund Structuring, M&A, Valuation, Strategic Financial Advisory, Structured Products, IPO & Equities and Corporate Restructurings

Advising clients on the merits of specific securities investments

Management of Real Estate Funds and Private Equity/SME Funds based on Shariah Principles

Complementing our Asset Management services, safeguarding the assets of clients and providing the necessary administration

ANFAAL CAPITAL’S CREDENTIALS: OUR TRACK RECORD

ALFAREEDA RESIDENTIAL FUND

SAR 550,000,000

Private Real Estate Development Fund Sole Advisor, Arranger, Manager & Custodian

Closed: November 2012

BIDAYA HOME FINANCE COMPANY

SAR 1,000,000,000

Private Equity Investment Joint Advisor & Placement Agent

Closed: June 2013

Islamic Development Bank (“IDB”) is a multilateral institution owned by 56 member countries

USD 44 billion in authorized capital Headquartered in Jeddah, Saudi Arabia Active in private and government sector initiatives in member countries.

Board of Governors consists of key country level reps (e.g. Prime Ministers, Ministers, Economic Advisors)

The Islamic Corporation for the Development of the Private Sector (“ICD”) is a member of the IDBG .

ICD’s shareholders include IDBG, 45 member countries and 5 public financial institutions

ICD was established in 1999 Headquartered in Jeddah, Saudi Arabia

Anfaal Capital is a Closed Joint Stock Investment Company Founded in May 2010 with ICD and Maybank-IB as its two main partners Authorized Person licensed by Capital Market Authority (CMA) Licensed by the Saudi Arabian General Investment Authority (SAGIA) Main office located in Jeddah, Saudi Arabia

Multilateral Finance Institution

Private Sector Arm of IDB

Authorized Person

SHAREHOLDER CREDENTIALS: IDB GROUP & ICD

SHAREHOLDER CREDENTIALS: IDB GROUP & ICD

ICD’s mandate is to be a major player in the development

of the private sector as a vehicle for economic and social growth, and prosperity in Islamic countries

Between 1999 and 2010, ICD’s net cumulative approvals stood at 201 projects for US$1.8 billion in 33 countries. The bulk of the financing targeted the industrial sector (33%); followed by the financial sector (29%); real estate (13%); the oil and gas sector (6%) and the transportation sector (6%).

ICD supports the development of member countries by investing in companies seeking capital expansion. ICD also provides term financing for Greenfield and Brownfield projects in healthcare, infrastructure & real estate, ICT and industrial sectors. The average size of such financing is between US$ 10 to 20 million with a tenure of 4 to 7 years. Shorter term financing are up to 2 years and are generally provided through trade finance, working capital and bridge finance

Pharmaceutical

2007

Saudi Arabia

Gabas Global

Biotechnology

Company

USD 10.0 M

Equity

USD 5.3 M

Equity

Healthcare

Saudi Arabia

2005, 2008 Saudi Arabia

2008

Equity Raising &

Underwriting

Real Estate

USD 69.0 M

USD 25.0 M

Equity

Real Estate

Mauritania

2008

Al-Laali Real Estate

Development

USD 13.0 M

Real Estate

2007

Gambia

Royal Atlantic

Residence

Term Finance

USD 5.0 M

2009

Saudi Arabia

Real Estate

Short - Term Finance USD 10.0 M

Healthcare

2000

Saudi Arabia

Middle East

Healthcare

Company

2007

USD 6.0 M

Healthcare

Kuwait

Term Finance

Term Finance

USD 5.8 M

Oil & Gas Indonesia

2008, 2009

PT Dimas Utama (Geothermal Project)

Short - Term Finance

2009

USD 5.0 M

Oil & Gas

Bangladesh

USD 5.0 M

Oil & Gas

2004

UAE

Canadian

Engineering Western

Co.

Short - Term Finance

Short - Term Finance

2008

TAB Rig

Company

USD 43.0 M

Oil & Gas Libya

Term Finance

ICD was established in 1999 with an authorized capital of USD 2.0 billion and a membership of 45 member countries. ICD is 50% owned by IDB which is AAA-rated (Fitch) and with assets of over USD 50 billion

SHAREHOLDER CREDENTIALS: MAYBANK IB & MAYBANK GROUP

Maybank IB is the investment banking arm of Malayan Banking Berhad (“Maybank”), the biggest financial services group in

Malaysia with 2,200 offices in 20 countries and 47,000 Maybankers serving 22 million customers worldwide

Notable Deals Maybank Fact Sheet

The largest banking group in Malaysia; has led the banking industry for over three and a half decades

The largest balance sheet domestically Largest Islamic Bank in Asia Pacific region Credit Ratings:

₋ Fitch : A- ₋ S&P : A- ₋ Moody’s : A3

Similar rating as Malaysia’s sovereign rating

Joint Lead Manager and Joint Managing Underwriter – Maxis RM11.2 billion IPO - 2009

Principal Adviser and Joint Bookrunners – Malaysian Marine & Heavy Engineering RM2.0 billion IPO – 2010

Advised in approximately RM28 billion worth of M&A transactions in Malaysia for FY2011, representing a market share of 25.9%

Joint Principal Adviser and Joint Lead Arranger – Celcom Transmission RM4.2 billion Sukuk Ijarah - 2011

Joint Lead-Arranger in syndicated facilities of SAR6 bn comprising of LC’s, performance bonds, advance payment bonds and murabaha facilities to Saudi Binladen Group - 2011

Research

Equities

Treasury

Maybank Maybank-IB

Product Offering to Clients

Loans

Cash Management

Trade Finance

IB Origination

Corporate Finance

Equity Capital Markets

Islamic Markets

Debt Markets

Strategic Advisory

PE & Venture Capital

Maybank Balance Sheet Strength (Dec 2012)

- 50

100 150

Maybank

NCB

Al Rajhi

150

92

58

Total Group Assets (US$ Billion)

SHAREHOLDER CREDENTIALS: MAYBANK IB & MAYBANK GROUP

SHAREHOLDER CREDENTIALS: MAYBANK IB & MAYBANK GROUP

OUR BOARD OF DIRECTORS

Khalid Mohamed Nasser Al Aboodi – Chairman CEO & General Manager, ICD

Tengku Dato’ Zafrul Tengku Abdul Aziz – Director CEO, Maybank Investment Bank

Farid Arshad Masood – Director Head of Advisory Services & Asset Management, ICD

Alyazi Ibrahim Yaqoob Al Meftah – Director Head of Placement, International Investment Bank

OUR BOARD OF DIRECTORS

Abdulwahhab Saif AlRahman Al-Dahlawi – Director CFO, Ewaan Global Residential Company

AbuBaker Omar Ali Bagabir – Independent Director

Former Head of Finance & Accounting Div. National Commercial Bank

Saud Muhammad Ali Al Sabhan – Independent Director CEO, Bohoor International Investment Company

Abdul Hamid Sheikh Mohamed – Independent Director Executive Director, Symphony House Berhad

OUR DEDICATED TEAM

NAME DESIGNATION

Ahmed Muzni Mohamed Acting CEO & Head of Asset Management

Fahad Bushager Director – Head of Investments Coverage

Syamsul Azuan Fauzi Director – Head of Corporate Finance

Barrie Ajaj Director – Asset Management, Real Estate

Mohammad Jamal Director – Business Support Group, Real Estate

OUR DEDICATED TEAM

Mr. Ahmed Muzni Bin Mohamed – Acting CEO & Head of Asset Management Mr. Muzni’s expertise lies in incepting, structuring and arranging of all Islamic equity investment vehicles such as Unit Trust, REIT, Private Funds and Islamic debt instruments. Ahmed held a Fund Manager Representative License and Investment Advisor Representative License from Securities Commission Malaysia. Previously he was working with Siraj Capital in Dubai as Executive Vice President, Islamic Capital Markets. Before that, he was with Pelaburan Johor Berhad in Malaysia as Managing Director and Chief Executive Officer. Prior to that he was working with PJB Securities Berhad in Malaysia as Chief Analyst. In his earlier career he has worked in the capacity of Senior Analyst and Chief analyst with Nikko Research Center Co. Ltd. in their offices in Malaysia, Singapore and Japan. A graduate from Hitotsubashi University in Tokyo Japan, Ahmed Muzni earned his post graduate Diploma in Management in an Executive MBA course from Henley Business School, Oxford shire, England.

Mr. Fahad Bushager – Director, Head of Investments Coverage Mr. Bushager is currently Head of Investments Coverage Department and a member of Product Development Committee (PDC) of Anfaal Capital. Mr. Bushager is a seasoned investment banker with expertise that cover private equity and real estate funds through diverse roles as investment funds analyst, market risk officer, business development senior manager, deal origination and funds raising principal. Prior to join Anfaal Capital, he worked with several regional banks such as National Bank of Bahrain (Bahrain), Al Hilal Bank (UAE), Ajman Bank (UAE), Investate (Bahrain), and RUSD Investment Bank (Malaysia). Mr. Bushager’s earned his Bachelor from the American University of Sharjah (AUS) majoring in Accounting & Finance. Beside his degree, Mr. Bushager gained extensive knowledge from attending Bahrain Institute of Banking and Finance (“BIBF”) programs in financial analysis, VaR & risk management, money markets & derivatives and AML.

OUR DEDICATED TEAM

Mr. Barra Ajaj – Director, Asset Management – Real Estate Mr. Ajaj was previously heading the asset management operations of Al Nefaie Investment Group (“NIG”) in Jeddah before joining Anfaal Capital in Dec 2011 to head the Alfareeda Residential Fund initiative. He was instrumental in securing the approval from the Capital Markets Authority (CMA) and getting the debt facility for the Alfareeda project from Alinma Bank. Before his time with NIG, Mr. Ajaj was the General Manager of Saudi Pioneers Securities in Riyadh and was the Senior Authorization Officer at the CMA prior to that. In his earlier career he was Senior Auditor and Head of Compliance, handling the Treasury and Investment Division of The National Commercial Bank (“NCB”) in Jeddah. Mr. Ajaj earned his MBA from Colorado State University at Colorado in the United States of America.

Mr. Mohammad Jamal – Director, Business Support Group – Real Estate Mr. Jamal is a certified Professional Engineer registered with Board of Engineers Malaysia; graduated with a Bachelor of Engineering with Honours in Civil Engineering from University of Greenwich, United Kingdom. His vast 22 years of experiences in Design, Construction, Planning and Project Management with renown project management companies namely KLCC Projeks (Malaysia) and Hill International (Qatar) has made him covered the full spectrum of constructions and project management. His past projects worth millions of dollars comprises of mixed development, residential, retails, institutional and also high rise buildings. Two of the projects he managed received recognition by Arga Khan Awards namely Petronas Twin Towers and Petronas University of Technology. Mr Jamal is a member of Board of Engineers Malaysia and Institute of Engineers Malaysia, both since 1995, and Project Management Institute, USA from 2006.

OUR DEDICATED TEAM

Mr. Syamsul Azuan Fauzi– Director, Head of Corporate Finance Mr. Azuan holds a Bachelor of Commerce and Management from Lincoln University, Christchurch. He has an extensive experience in Islamic finance in both local and international markets, where his previous position was Head of Client Coverage, Hong Leong Islamic Bank Berhad, Malaysia. He had prior GCC experience where he worked with the Debt Capital Market and Syndication team of Abu Dhabi Islamic Bank (ADIB), UAE. He has also served with Bank Alkhair (formerly known as Unicorn Investment Bank) in Bahrain, at the Capital Market division. He started his career with UEM group of companies where he was involved in several successful corporate acquisition exercises for the Group.

THANK YOU

If you require any further information please feel free to contact us:

Ahmed Muzni Mohamed Acting CEO Head of Asset Management

Tel: +966 2 606 8686 Ext. 101 Email: [email protected]

Fahad Bushager Director Head of Investments Coverage

Tel: +966 2 606 8686 Ext. 112 Email: [email protected]