INVESTOR PRESENTATION - 1

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Sells directly through a network of 230 showrooms. ➢ 80k sqm of retail and wholesale selling area. ... ➢Growing online business with Target, Kohl's, Amazon,.

INVESTOR PRESENTATION - 1

Facts & Figures

130 Export countries

10 manufacturing facilities

6 EGP bn sales

35

230

years

showrooms

INVESTOR PRESENTATION - 2

Latest updates 13

Manufacturing new looms added

9 New Showrooms opened in Egypt in 2015

9M 2015 KPI (y-o-y)

Revenues

+4%

EBITDA

-3%

Net profit

-5%

Targeting New markets & new clients

INVESTOR PRESENTATION - 3

A Vertically - Integrated Model Controlling supply chain enables greater cost control and production flexibility. From sourcing polypropylene granules, converting them into fibers, spinning and dyeing yarn, to weaving, distributing and delivering the end product. Our domestic retail outlets, our dedicated distribution arm, OW USA (Sphinx), and various warehousing facilities in the US, Germany ,in addition to Canada which support our local and international leadership.

Raw Materials EPP* Sourcing polypropylene granules

Production

Distribution

Oriental Weavers International

Oriental Weavers Carpets

Oriental Weavers Carpets Oriental Weavers International 70% of polypropylene fibers

MAC

Oriental Weavers USA MAC Carpet

King Tut 30% of pp fibers needs 60% of nylon yarn needs

Oriental Weavers USA

Oriental Weavers China EFCO

* The founder of OW established EPP in 2006. It is not part of OW. INVESTOR PRESENTATION - 4

OW Group key milestones

2014 OW China

2006 1998

OW US factory

Sphinx, the US distribution arm

1987 1981

OWC

OWI

1994 1991

EFCO

King Tut yarn plant

MAC

1979 INVESTOR PRESENTATION - 5

OW Group’s structure

INVESTOR PRESENTATION - 6

Revenue Contribution of Main Markets

Europe 19%

EGYPT 45% America & Canada 27%

INVESTOR PRESENTATION - 7

OW: A large player in the Egyptian market  Capturing a strong market share in the local market.  Sells directly through a network of 230 showrooms.  80k sqm of retail and wholesale selling area.

INVESTOR PRESENTATION - 8

OW’s long standing position in the US  Secured partnership agreements with Bahama, Pantone and Roger Thomas.

Tommy

 America’s most magnificent rug award in Atlanta Floor covering exhibition.  Opened corporate showrooms in 2012 in Fifth Avenue, New York and Las Vegas Growing online business with Target, Kohl’s, Amazon, and Wayfair in addition to more focused sites such as Rugsdirect.com and rugsusa.com  Oriental Weavers covered 35% of Canadian rug imports in 2014

INVESTOR PRESENTATION - 9

American & Canadian Retail Partners Relationships count – Oriental Weavers’ enduring relationships with the world’s best retailers, clients, resorts and other lifestyle centers ensure continued market leadership.

INVESTOR PRESENTATION - 10

International Premier Partners

INVESTOR PRESENTATION - 11

Expansions

INVESTOR PRESENTATION - 12

Recent and Future Expansions 2015

2016-2020

 OW raised its capacity by 7% via adding 13 new looms (7mn sqm).

 Plan to add 25-30% of additional woven capacity by 2020 through an additional total of 20 looms (pending market conditions).

MAC penetrated the artificial turf segment following the addition of two new machines.

Plan to add new yarn machinery to ensure production self sufficiency.

INVESTOR PRESENTATION - 13

Premier Partners: Hospitality Segment OW Hospitality, the London-based hospitality carpeting arm of Oriental Weavers Group — which manufactures broadloom carpets for luxury hotels worldwide — is the preferred supplier for Four Seasons and several other major players in the hospitality sector.

INVESTOR PRESENTATION - 14

OW Hospitality: Recently Completed Projects JW Marriott Grosvenor House, London, UK

Intercontinental New Orleans, LA

Marriott Richmond, Virginia

Among a long list of projects: oMovenpick Accra, Ghana o Movenpick Anwar Al Madina oMovenpick Beirut , Lebanon o Movenpick Makkah, KSA oPark Hyatt, Sochi, Russia oRamada Hotel Dubai - Guestroom oRenaissance Hotel, Kiev, Ukraine oRitz Carlton Cairo oRitz Carlton Dubai - Corridors

INVESTOR PRESENTATION - 15

OW launched an exclusive partnership agreement with Pantone, most well known in the world of interior designs. OW has 2016 Pantone color of the year rug ready to ship.

Financial and Operational Performance

INVESTOR PRESENTATION - 16

Consistent Growth in a Cyclical Industry 2014 financial Summary Net sales

EBITDA

(EGP bn)

5.8 +5% growth y-o-y

(EGP mn)

Working capital (EGP90mn)

Debt & Free Cash flow Installment (EGP139mn) Equity EGP

Net Profit

377

Capex (EGP99mn)

+17% growth y-o-y

475mn EBITDA Margin

Yielding 17%

(EGP mn)

815

Dividends (EGP180mn)

14% +145 bps growth y-o-y

+9% growth y-o-y

* On adjusted basis including sales of the merged Modern EFCO

INVESTOR PRESENTATION - 17

Financial Summary Export vs. Local Revenue Contribution

Sales Volumes (mn sqm)

46

48

48

100% 75%

75

25%

65

60%

68

61%

69

56%

25

69

60%

70

60%

50%

50

2010

2011

2012

2013

2014

0%

2014

Net Income (EGPmn) Net income

Net margin 6.5% 6.3%

8.4% 300 5.3%

EGPbn 10%

243

273

347

377

6%

342

200

2010

2011

2012

2013

2014*

2.5 2.0

8%

5.6%

4%

* On adjusted basis including sales of the merged Modern EFCO

Net debt

Net debt/EBITDA 5

4.4 3.2

2.7

1.5

4 2.2

1.4

3

1.0

2

0.5

1

0.0

1.1

EGPmn 400

Net Debt (EGPbn)

1.5

2013

1.8

2012

2.0

2011

1.6

2010

100

40%

44

113

Local

39%

115

Export

44%

45

113

Local 116

40%

100

Export

40%

mn sqm 115 125

2010

2011

2012

2013

2014*

0

INVESTOR PRESENTATION - 18

Financial overview Recovering EBITDA margin

Growing revenue base (EGPbn) Export 4.6

5.5

5.8

2.1

2.3

3.4

3.5

2013

2014*

4.9

4.1 1.8

2.1

2.4

2.8

2.8

2010

2011

2012

1.6

CAGR 9%

Local

14.6% 11.3%

2010

448

2010

2011

553

2012

2013

2011

2012

2013

2014*

Balance Sheet (EGPmn) December 31, 2014 Cash

694

13.9%

9.7%

Recovering EBITDA (EGPmn)

591

12.6%

815

2014*

* On adjusted basis including sales of the merged Modern EFCO

591 Short term debt

1,323

Current Assets

3,266 Current liabilities

2,639

Fixed Assets

2,726 LT liabilities

307

Others

634.7 Equity

3,680

Total Assets

Total Liabilities & 6,627 Owners' equity

6,627 INVESTOR PRESENTATION - 19

Diversified Product Mix 3Q 2015 Revenue Mix (by volume) Non-woven felt 11%

3Q 2015 Revenue Mix (by value) Non-woven felt 3%

WovenGrade A 2%

TuftedPieces 34%

Fibers & others 14%

WovenGrade A 7%

TuftedPieces 22%

WovenGrade B 19%

WovenGrade B 32%

Tufted: Wall-Wall 2% WovenGrade C 29%

Tufted- WallWall 5%

WovenGrade C 28%

Average selling price Woven-Grade A

EGP203/sqm

Woven-Grade B Woven-Grade C

EGP72/sqm EGP43/sqm

Tufted wall-to-wall Tufted pieces Non-woven

EGP17/sqm EGP28/sqm EGP13/sqm INVESTOR PRESENTATION - 20

9M2015 Financial summary 3Q revenue performance EGPmn

Local

9 Months revenue performance EGPmn

Export

1,519

1,504

643

878

834

685 3Q2015

598

532

626

3Q2012

3Q2013

3Q2014

1,991

1,588

1,544

1,708

2,033

9M2012

9M2013

9M2014

9M2015

9 Months EBITDA performance

200 150

11.0%

16% 13.9%

50

12.6%

11.6%

12%

148

8% 192

0% 3Q2013

EGPmn

600 500

13.3%

15.0%

14.1%

3Q2014

3Q2015

409

16% 12%

11.4%

300

200 4%

0 3Q2012

700

EBITDA margin

400 208

100 137

EBITDA

EBITDA margin

EGPmn

2,468

2,641

2,486

3Q EBITDA performance 250

4,501

4,349

3,579

748

EBITDA

Export

4,030

1,279

1,241

Local

538

653

8%

635

4%

100 0

0% 9M2012

9M2013

9M2014

9M2015 INVESTOR PRESENTATION - 21

Cost Structure: Polypropylene Polypropylene is the main raw material for Oriental Weavers with its prices trending down . Cost efficiency is on management’s top priority. Accordingly, sourcing of polypropylene granules is carefully executed after receiving monthly price quotations from different suppliers, taking into account other cost factors associated with importing the granules. Thus sourcing from EPP — a local supplier helps in achieving the following: • Reducing stocking period from 4 months to only 1-2 months • Lowering transportation expenses • Lowering finance charges • Secured supply This model offers significant competitive strength in the global carpet and rugs industry.

PP prices (in $/ Metric Tons) 1,800 USD /ton

1,629

1,600

1,585

Other 15%

1,576

1,363 1,129

1,200 1,000 800 600 Sources: Company

Raw materials 52%

2010

2011

2012

are

for

Polypropylene 30%

Backing 10%

Selling Exp. 21%

990

2009

Polypropylene prices driven in large part by: • Petroleum prices • Market demand polypropylene

9M 2015 COGS breakdown

1,456

1,400

Polypropylene — used in synthetic and blended rugs and carpets — is an oil derivative and is particularly significant cost variable, representing around 31% of total costs incurred in 9M2015

2013

2014

2015

Industrial Exp. 12%

Wool 4%

Finishing material 8% INVESTOR PRESENTATION - 22

Impact of Energy Subsidy Reform on Costs Energy cost

Old prices New prices % increase US$/mmbtu

Natural gas

2.25

5

OW costs (EGP000) and % before increase

122%

%∆

after increase

17,342

38,538

0.45%

0.78%

77,852

120,949

1.6%

2.4%

55,000

90,000

1.1%

1.8%

150,194

249,486

3.0%

4.9%

4,953,549

5,052,841

122%

EGP/KW Electricity

0.28

0.435

55%

55%

EGP Diesel/Litres Transportation costs

Total energy costs % of costs Total costs In 2013

110

180

64%

64%

66%

2.0%

Sources: Company

INVESTOR PRESENTATION - 23

Export Incentive Program

Export cash proceeds

Exports

Documents submitted to Export Subsidy Fund

Export subsidies (% of exports in EGP)

Sources: Company INVESTOR PRESENTATION - 24

Share Fact Sheet Earnings Per Share & payout ratio EPS

Stock Data 450 mn shares at par value of 1 EGP per share Listed on EGX September 1997 6 Month average daily value USD0.5mn Market Cap USD360mn (as of Jan 14, 2016) Distributed DPS of EGP0.4 in May 2015 Issued and Paid up Capital 450 MN EGP Reuters; Bloomberg ORWE.CA; ORWE EY

1.00

Payout ratio

EGP

60% 52%

0.75

56%

56% 49%

0.50 0.25

0.5

49%

0.6

0.8

0.8

52% 48%

-

44% 2011

2012

2013

2014

Shareholders’ structure

Local institutions 17%

Retail 3%

Khamis & related entities 57% Foreign institutions 23%

INVESTOR PRESENTATION - 25

Production Cycle Raw materials

Raw materials used are either wool, or polypropylene. The wool is sourced from suppliers in Egypt, New Zealand and the UK; the PP is sourced locally or imported from GCC.

Retail stores

yarn at our yarn Spinning & Spinning dying

Retail: Products are sold locally at our retail outlet or through our US retail arm and international agents.

Warehousing: We have 803k sqm of warehousing space in the US , Egypt and China besides 3rd party warehouses in Germany and Canada. An automated warehouse was recently established

plants where pp granules are converted into fibers and then spun into yarn

Vertical integration and innovation are key to our competitiveness

Warehousing

Weaving & finishing

Weaving: The carpets are woven at one of our facilities in Egypt, China or the US, depending on the end user. The designs are determined by the customer needs; we offer more than 4 million copyrighted designs to choose from.

INVESTOR PRESENTATION - 26

Disclaimer Certain information contained in this document consists of forward-looking statements reflecting the current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements, including worldwide economic trends, the economic and political

climate of Egypt and the Middle East and changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in such forward-looking statements. Recipients of this document are cautioned not to place any reliance on these forward-looking statements. The Company undertakes no obligation to republish revised forward-looking statements to reflect changed events or circumstances.

INVESTOR PRESENTATION - 27

For More Information: Ingy Eldiwany Investor Relations Manager +202-22685166 [email protected] www.orientalweavers.com

INVESTOR PRESENTATION - 28

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