R E S U L T O V E R V I E WINVESTOR PRESENTATION

Table of Content

2019 Highlights 3

7

17

2019 Business overview

2019 Financials

Highl ights2019

2019 Highlights

Appointment of Mr. Fadi Majdalani as

an independent board member at

SACC, in place of H.E. Mr. Fahd bin

Abdulmohsen Al-Rasheed, who

submitted his resignation to the board

on 05 Dec 2019. This appointment took

effect from 06 Jan 2020 throughout the

remaining period of the current board

term that ends on 26 Jan 2022.

SACC renewed it’s in-flight catering

agreement with Saudi Arabian

Airlines, which ended on 31 Dec 2019

and is renewed to be effective for a

period of 10 years representing the

longest contractual period between

the two parties in relation to inflight

catering services, confirming the

depth of partnership and mutual trust

between the two parties. The

renewed contract took effect starting

from 01 Jan 2020 through 31 Dec

2029. The provisional value of the

agreement is SAR 12 billion.

SACC signed a contract with Saudi

Arabian Airlines on 29 Dec 2019 for

design, construct and operate Al

Fursan Domestic lounge at the new

King Abdulaziz International Airport in

Jeddah. The term of the contract shall

be for a term of (10) years. The

provisional value is estimated to be

SAR 308 million.

SACC signed a 5 years contract with

Haramain High Speed Railway “HHSR”

on 01 Jul 2019 for providing Food and

beverage. The provisional value isestimated to be SAR 85 million.

2019 Highlights

SACC HAVE OBTAINED VARIOUS CERTIFICATES (NEW & RENEWAL) DURING THE YEAR 2019

SUCH AS:

Gold classification for the 3rd

year in row on Mowaamah

Certification - by Ministry of

Labor.

GACA R 68 for Ramp side

work permit.

GACA R 151 Ground Service Provider

Certificate (re-certification) - JED Station.

External Surveillance and

re-certification:

✓ ISO 9001:2015

✓ ISO 22000:2005

✓ HACCP

✓ HALAL

✓ OHSAS 18001:2007

35 units of new high-loader trucks added to the fleet during year 2019.

Board of Directors

27 Jan 2019

Mohammed Al-Sarhan

Chairman

Sami Al-Hokair

Vice Chairman

Jonathan Stent-Torriani

Board Member

Raed Al-Mudaiheem

Board Member

Khaled Al-Hukail

Board Member

Abdulkarim Essolami

Board Member

Hasan Al Jabri

Board Member

Yousef Al Yousefi

Board Member

Fadi Majdalani

Board Member

Business

Overview2019

In Flight Catering Airport Lounges

Inflight catering (IFC) is the core

business of SACC. 63% of SACC

turnover is generated by IFC.

40m meals served on 217k flights.

IFC serves over 70 regular airline

clients and over 70 other airline

clients.

IFC also supports other SACC

divisions through its’ units and

Central Production Unit (CPU, in

Riyadh).

2,6m Pax in 15 lounges.

Equipm. Logistics

Over 500 active SKUs

for SV.

Menu Planning

In addition to Catering

services, IFC provides

menu planning and

chef-on-board service.

CPU

27m meals capacity

supporting all IFC, Hajj

and Umrah and other

business.

In-Flight Catering

Operations are carried out from 6

locations (Jeddah, Riyadh, Dammam,

Medina, Cairo, and Neom).

Catering & Facility

Remote Sites Camp Management Laundry ServicesBusiness & Industries

54 sites in Saudi Arabia. 6 clients served in 22

locations.

Staff Services can

accommodate 8,000 staff

in 4 cities.

KAEC (JED) and KFMC

(RUH) with a total

capacity of 60.5 tons per

day.

Railway Hajj & Umrah Baggage Services

Station outlets and

on-board sales for

SAR, SRO and HHR.

705,538 meals to 100,664

pilgrims.

12K baggage capacity.

Retail (SKYSALES)

On-Board Ground Shops E-commerce

On-board sales for

Saudia, Flynas and

Flyadeal, providing 447

SKUs.

48 ground shops. 2,1 MSAR turnover 2018.

28,7 MSAR turnover 2019.

YE-2018 YE-2019

Number of f l ights

Saudia 137 138

Other Airlines 57 60

Private 26 19

Total 220 217

Number of meals

Saudia 32,838 33,147

Other Airlines 6,597 6,955

Private 540 478

Total 39,975 40,579

Flights & Meals

All displayed numbers are expressedin thousands

55

61

40 41

0

10

20

30

40

50

60

70

2018 2019

Inflight Capacity Total No. of Meals

Inflight Meals Capacity

SAR (millions)

27 27

1615

0

5

10

15

20

25

30

2018 2019

CPU Capacity Total No. of Meals

CPU Meals Capacity

SAR (millions)

2018 2019

SV share of net sales 66% 66%

Includes Saudi Arabian Airlines (catering, menu planning, Al Fursan lounges, Saudia Cargo and Saudia Private Aviation)

SACC’S DEPENDENCY FROM SV HAVE NOT CHANGED AGAINST 2018 VS 2019

Dependency from

Saudia Increases

Besides In-flight Catering services, SACC

provides Onboard equipment, Lounge

services and Skysales onboard sales.

YE-2018 YE-2019

Saud i M al es 1329 1278

Saud i Fem al es 247 295

To ta l Saud is 1576 1573

Expatr ia tes 2857 2794

To ta l permanent s ta f f 4433 4367

Saudization rate at the end of year 2019 was 34.27% (source Ministry of Labor)

SACC Staff Count

Particulars YE 2018 YE 2019

Total number of inflight meals catered 39,975,404 40,579,467

Total number of flights catered 220,129 flights 217,060 flights

Total number of Airline clients SAUDIA + 81 other airlines SAUDIA + 74 other airlines

Total number of Business Lounges 14 (7 Intl, 5 Dom, & 2 Others) 15 (8 Intl, 5 Dom, & 2 Others)

Total number of Lounges guests 2,591,102 2,592,639

Total number of Non-Airline clients 72 ( 43 Food & 29 Laundry) 67 ( 45 Food & 22 Laundry)

Statistics

Financials2019

2019 Financial Summary

Net sales increased

by 6% from 2,036

MSR to 2,156 MSR.

Total comprehensive

income decreased by

-0.8% from 464 MSR

to 460 MSR.

Earnings per share

before zakat and

income tax increased

from 5.60 SAR to 5.66

SAR.

Cash and cash

equivalent have

increased from 147

MSR to 189 MSR

2019 Key Financials

Net profit %

Shareholders equitySAR (billions)

Net profitSAR (millions)

Earning per shareSAR

SAR (billions)Revenues

2019 Key Financials Compared To Previous Years

1,301

1,306

2018

2019

5.60

5.66

2018

2019

23%

22%

2018

2019

459

464

2018

2019

2,036

2,156

2018

2019

SAR (millions)

Revenues

1,460 1,524

171 183 178 177 190 232

37 40

2,035

2,156

-

500

1,000

1,500

2,000

2,500

2018 2019

Inflight Catering Business Lounge Skysales Non-Airlines Other Revenues Total

Source: Financial Statements

Net Income

SAR (millions)

459

464

430

440

450

460

470

480

490

500

2018 2019

SAR (millions)

--16.0

--60.0

-20.1

275.3

Operating cash flow was +744 MSAR.

WOC increased by 65M.

Cash Flow

147

891

189

464

159

91

35

81

Cash balance

1.1.2019

Net Income Provisions and

accruals, net

CAPEXZIT paid

-560

4

Dividends paid Cash balance

31.12.2019

-65

Operating

cashflow

Change

in WoC

-65

Lease

liabilities paid

Depreciations Others

+28%

Share Price Development

Shareholders as of 2019

50.00

70.00

90.00

110.00

130.00

150.00

170.00

190.00

IPO

9th

Ju

l-1

2

Oct

-18

No

v-1

8

De

c-1

8

Mar

-19

Ap

r-1

9

May

-19

Jun

-19

Jul-

19

Au

g-1

9

Sep

-19

Oct

-19

No

v-1

9

De

c-1

9

5,000

8,000

11,000

14,000

17,000

20,000

23,000

26,000

Tadawul Index

SACC closing share price46.3

9.4

8.6

35.7

Public Alhokair SCCL Saudia

T H A N K Y O U