Date of Listing

Number of Shares Outstanding

Reuters Code: AUTO.CA

9 July 2007

1,085,500,000

Bloomberg Code: AUTO.EY

INVESTOR FACT SHEET - 4Q 2022

Operating six lines of business across Egypt and Iraq, GB Auto is a leading automotive player that boasts a strong operational footprint across multiple sectors - Passenger Cars, Motorcycles & Three-Wheelers, Commercial Vehicles

  • Construction Equipment, Tires, Financing, After-Sales, and Regional operations - the company is focused on automotive assembly, manufacturing, sales and distribution, after-sales services, retail, trade-in, and logistics.

GB AUTO & AUTO

GB AUTO

RELATED

EGYPT

EGYPT MOTORCYCLES

PASSENGER CARS

& THREE WHEELERS

EGYPT

COMMERCIAL VEHICLES &

EGYPT TIRES

CONSTRUCTION EQUIPMENT

EGYPT AFTER-SALES

REGIONAL

GB CAPITAL

(FINANCING BUSINESSES)

GB LEASE

MNT-HALAN

DRIVE

GB AUTO RENTAL

KAF

BEDAYA

GB AUTO STOCK PERFORMANCE

SHAREHOLDING STRUCTURE

(AS OF 31 DECEMBER 2022)

140

35,000,000

120

30,000,000

36.6%

100

25,000,000

80

20,000,000

60

15,000,000

40

10,000,000

20

5,000,000

63.4%

-

0

Jan-22Feb-22Mar-22Apr-22May-22Jun-22

Jul-22Aug-22

Sep-22Oct-22Nov-22

Dec-22

Ghabbour Family

Volume

EGX Rebased

GB Auto Rebased

Free Float

INCOME STATEMENT SNAPSHOT

Three Months Ended

Full Year Ended

(LE million)

4Q21

4Q22

% Change

FY21

FY22

% Change

Total Sales Revenues

9,047.4

6,901.5

-23.7%

31,437.5

29,789.1

-5.2%

Total Gross Profit

1,886.3

2,004.0

6.2%

6,302.6

8,112.9

28.7%

Operating Profit

813.4

952.7

17.1%

2,833.3

3,955.5

37.2%

EBIT

813.4

9,207.2

-

2,883.3

12,263.4

-

Earnings Before Tax

685.8

8,988.2

-

2,331.7

11,300.4

-

Net Income / Loss

412.6

8,714.4

-

1,408.5

9,984.9

-

BALANCE SHEET SNAPSHOT

As of

(LE million)

31-Dec-21

31-Dec-22

% Change

Total Current Assets

19,359.1

15,444.3

-20.2%

Total Long-Term Assets

12,749.0

19,175.6

50.4%

Total Assets

32,108.1

34,619.9

7.8%

Total Current Liabilities

19,750.1

12,868.6

-34.8%

Total Long-Term Liabilities

4,792.9

4,290.5

-10.5%

Non-Controlling Interest

1,649.7

728.2

-55.9%

Total Shareholder's Equity

7,565.0

17,460.8

-

Total Liabilities and Shareholder's Equity

32,108.1

34,619.9

7.8%

REGIONAL FOOTPRINT

SHARES

Arqaam Capital | Beltone Financial | CI Capital | EFG Hermes l HC Securities | HSBC |

COVERED BY

Naeem Holding | Pharos Holding

AUTO & AUTO RELATED

EGYPT PASSENGER

FY22 GROUP REVENUE

31.0%

CARS

CONTRIBUTION

  • Assembly and distribution of imported completely-knocked-down (CKD) kits with a production capacity of around 80,000 units per year
  • Distribution of imported completely-built-up (CBU) vehicles
  • Financing options provided through Drive
  • Brands: Hyundai, Chery, Mazda, Changan, Haval

EGYPT COMMERCIAL VEHICLES

FY22 GROUP REVENUE

5.1%

& CONSTRUCTION EQUIPMENT

CONTRIBUTION

• Assembly and distribution of trucks

• Bus-body manufacturing; distribution of buses

• Manufacturing and distribution of

superstructures and trailers

• Distribution of earth-moving equipment, road

machinery, and power generators

• Brands: Mitsubishi Fuso, Volvo Trucks and

Buses, Volvo Construction Equipment,

Iveco, YTO, Marcopolo, Karry, SDLG, Aksa

and Shacman Trucks

EGYPT TIRES

FY22 GROUP REVENUE

5.5%

CONTRIBUTION

  • Distribution of passenger car, van, truck, construction equipment and bus tires
  • Brands: Yokohama, Lassa, Westlake, Double Coin, Verde, Techking, Goodyear, Thunderer and Sunfull

EGYPT MOTORCYCLES

FY22 GROUP REVENUE

6.4%

& THREE-WHEELERS

CONTRIBUTION

  • Assembly and distribution of motorcycles and manufacturing of components at the Badr Facility
  • Financing options provided through Mashroey

• Brands: Bajaj

EGYPT AFTER-SALES

FY22 GROUP REVENUE

6.1%

CONTRIBUTION

  • After-salesservices and distribution of spare parts for passenger cars, motorcycles & three-wheelers, and commercial vehicles & construction equipment
  • The largest cross-country network of its kind
  • Constant and ongoing expansion of network and service center capacities

REGIONAL

15.9%

FY22 GROUP REVENUE

CONTRIBUTION

  • Distribution of imported completely-built-up (CBU) passenger car units in Iraq (MG) with after-sales services
  • Distribution of Bajaj motorcycles & three-wheelers in Iraq and after-sales services
  • Markets: Iraq
  • Brands: MG and Bajaj

STARTUPS

3.2%

FY22 GROUP REVENUE

CONTRIBUTION

  • Parts and lubricants business PAL distributes Gazprom Neft Lubricants in Egypt
  • The pre-owned vehicles division rolled out a Western-stylepre-owned car operation under the brand name Fabrika
  • Retail division 360 operates after-sales and retail outlets, distributing tires, tire parts, batteries, parts and lubricants, and will also offer related services in various locations
  • El Mikaneeky is a trusted professional car servicing company that provides affordable solutions to the entire car market
  • Under the brand name TVD, the company distributes JMC-branded vehicles
  • Markets: Egypt
  • Companies: PAL, Fabrika, 360, El Mikaneeky

GB CAPITAL (FINANCING BUSINESSES)

GB CAPITAL

26.8%

FY22 GROUP REVENUE

CONTRIBUTION

  • GB Capital oversees the operations of the group's five non-bank financial service providers, offering financing in all segments of the market
  • GB Lease provides business-to-business financial leasing services to a wide range of companies, covering all asset classes
  • MNT-Halanis Egypt's largest and fastest growing non-bank lender to the unbanked, digitizing traditional banking and cash-based markets through tech and data driven solutions
  • Drive provides factoring services to a diversified client base, ranging from business-to-business (SMEs) to business-to-consumer (retail), with a focus on the auto finance sector. Drive has also rolled out its digital consumer finance app "Forsa"
  • GB Auto Rental offers car rental services on a quasi-operational lease basis to companies in the market
  • Bedaya is a mortgage finance venture offering long-term and competitive mortgages for new move-in homes
  • KAF is a life insurance company that was acquired along with EFG Hermes to capitalize on the growing demand for insurance offerings in Egypt.
  • Market: Egypt

Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of GB Auto. Such statements involve known and unknown risks, uncertainties and other factors; undue reliance should not be placed thereon. Certain information contained herein constitutes "targets" or "forward-looking statements," which can be identified by the use of forward-looking terminology such as "may," "will," "seek," "should," "expect," "anticipate," "project," "estimate," "intend," "continue" or "believe" or the negatives thereof or other variations thereon or comparable terminology. Actual events or results or the actual performance of GB Auto may differ materially from those reflected or contemplated in such targets or forward-looking statements. The performance of GB Auto is subject to risks and uncertainties.

Mansour Kabbani

Marina Kamal

Sarah Maged

Direct: +20 (0)2 3910 0485

ir.gb-corporation.com

Board of Directors Member

Investor Relations

Investor Relations

Fax: +20 (0)2 3539 0139

E-mail:ir@gb-corporation.com

AVP

Communications Manager

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GB Auto SAE published this content on 02 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2023 09:55:01 UTC.