INVESTOR PRESENTATION - 1

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Dec 31, 2015 - 80k sqm of retail and wholesale selling area. .... Polypropylene is the main raw material for Oriental Weavers with its prices trending down .

INVESTOR PRESENTATION - 1

Facts & Figures

130 Export countries

10 manufacturing facilities

5.9 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

Targeting New markets & new clients

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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%

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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 import

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.

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International Premier Partners

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Expansions

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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

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Consistent Growth in a Cyclical Industry 2015 financial Summary Net sales

EBITDA

(EGP bn)

5.9 +1% growth y-o-y

(EGP mn) Working capital (EGP291mn) 5% of sales

Free Cash flow Equity EGP

Debt & Installment (EGP181mn)

356

-2% y-o-y

144mn

Net Profit (EGP mn)

803 EBITDA Margin

Capex (EGP163mn)

3% of sales

-6% y-o-y

* On adjusted basis including sales of the merged Modern EFCO

Proposed Dividends (EGP225mn) Dividend yield 6%

13.7% -30 bps y-o-y

INVESTOR PRESENTATION - 17

Financial Summary Sales Volumes (mn sqm) Export

Local

44

46

48

48

51

69

69

68

65

60

60%

55%

2011

2012

2013

2014

2015

2011

2012

2013

2014

2015

Net Income (EGPmn) Net income

EGPmn 400

6.5%

6.1%

Net debt

EGPbn 8%

2.5

5.6%

5 3.2

6%

4 2.2

1.5

5.3%

Net debt/EBITDA

4.4

2.0 300

40%

44%

Net Debt (EGPbn)

Net margin

6.3%

45%

111 39%

113

40%

116

61%

Local

115

56%

Export

113

60%

mn sqm

Export vs. Local Revenue Contribution

1.4

1.0

3 1.2

2

356

2014*

2015

* On adjusted basis including sales of the merged Modern EFCO

1.0

377

2013

1.1

347

2012

0.0

1.5

273

2011

4%

1.8

243

100

0.5

2.0

200

2011

2012

2013

2014

2015

1

0

INVESTOR PRESENTATION - 18

Financial overview Growing revenue base (EGPbn) Export

Local 5.5

EGPbn 4.6

1.8

5.8

5.9

2.3

2.7

4.9

2.1 2.1

Balance Sheet (EGPmn) December 31, 2015

2.8

2011

2.8

2012

3.5

3.4

2013

2014*

Cash

3.2

2015

Recovering EBITDA margin EGPmn

EBITDA

13.9%

13.7%

12.6%

300

177 3,613 Current liabilities

2,448

Fixed Assets

2,687 LT liabilities

Others Total Assets

618.6 Equity 6,708 Total Liabilities & Owners' equity

270 3,990 6,708

16%

12%

9.7% 553

T-Bills Current Assets

14%

11.3% 500

1,153

EBITDA margin

900 700

370 Short term debt

694

807

803

10% 8%

448

100

6% 2011

2012

2013

2014*

2015

* On adjusted basis including sales of the merged Modern EFCO

INVESTOR PRESENTATION - 19

4Q2015 Financial summary 4Q sales volume performance Local sales

Mn sqm 31

Local sales

Export sales 31

31

4Q sales volume performance EGP mn

30

18

17

17

12

13

13

4Q2011

4Q2012

4Q2013

1,491

1,462

900

870

751

1,315 27

19

Export sales 1,374

1,156 773

14

592

13

13

565

542

591

592

622

4Q2014

4Q2015

4Q2011

4Q2012

4Q2013

4Q2014*

4Q2015

4Q EBITDA performance EBITDA

180

EBITDA margin

EGP mn 12.2%

160

12.0%

140 120

11.5%

11.1%

11.0%

11.0%

100 80

10.5%

10.3%

10.5%

60

10.0%

40 20

12.5%

9.5% 119

145

156

162

167

-

9.0% 4Q2011

4Q2012

4Q2013

4Q2014*

4Q2015

INVESTOR PRESENTATION - 20

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) 1,629

USD /ton

1,585 1,456

1,363

882

Sources: Company

2011

2012

2013

are

for

Other 16%

1,576

1,068

2010

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

2015 COGS breakdown

990

2009

Polypropylene — used in synthetic and blended rugs and carpets — is an oil derivative and is particularly significant cost variable, representing around 29% of total costs incurred in 2015

2014

2015

Mar 2016

Selling Exp. 22%

Industrail Exp. 12%

Raw material 51%

Polypropylene 29%

Wool 3%

Backing 11%

Finishing material 7% INVESTOR PRESENTATION - 21

Export Incentive Program

Export cash proceeds

Exports

Documents submitted to Export Subsidy Fund

Export subsidies (% of exports in EGP)

Sources: Company INVESTOR PRESENTATION - 22

Share Fact Sheet Earnings Per Share & payout ratio 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 USD364mn (as April 4, 2016) DPS of EGP0.5 approved in AGM Issued and Paid up Capital 450 MN EGP Reuters; Bloomberg ORWE.CA; ORWE EY

EGP/share

EPS

Payout ratio

0.90 0.80

52%

56%

49%

63%

60%

49%

0.70

50%

0.60 0.50

40%

0.40

30%

0.30

20%

0.20 0.10

Shareholders’ structure

Local institutions 17%

-

Retail 3.5%

70%

0.54

0.61

0.77

0.82

0.79

2011

2012

2013

2014

2015

10% 0%

Khamis & related entities 57% Foreign institutions 22.5%

INVESTOR PRESENTATION - 23

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 - 24

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 - 25

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

INVESTOR PRESENTATION - 26

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