Takamul InvestmentsOman Economic Forum March 2014

Incorporated in 2008

Diversification of the national

economy

To pursue energy-related

investments both locally and

internationally

To invest in developing local value

added downstream projects

Takamul Today

19 investments

OMR150 million committed equity

700 direct jobs

9 operating assets

10 projects under construction/formation

A growth story - portfolio

2010 2011 2012 20134.6

26.2

102.6

150

Portfolio Investment Commitment

291%

# Projects 2

Equity Investment Growth

7 14 18

46%473%

2008 2009 2010 2011 2012 20130 0

100163

508

662

15 17 1828

42

56

Number of Project Employees

Growth Rate594% 62% 188% 44%

A growth story - employment

13%

Business model

Identify investment

opportunities

Develop projects up to commercial operation

Create SPV’s and retain an

equity position

Integration with existing projects Imports replacement In-Country Value (ICV)

Source technology Market study Feasibility study Partnership as required Engineering

Actively manage through Board and Board Committees

Support at functional level when needed

Investment criteria

Sector Chemicals – metals – minerals – industrial support services

Value US$5 million to US$400 million

Structure Fully independent entities

Shareholding 30 – 100%

Tenure Long term industrial view

Takamul integration model

Industrial support servicesFacility management

Centralised utilities

Centralised maintenance

Tier 1

Tier 2

Tier 3

ChemicalsMetals

MineralsOther

Inte

grat

ion

Inte

grat

ion

Inte

grat

ion

Integration

Integration

Integration

Takamul added value

Your Partner of Choice

We act as a catalyst

Equity partner

Access to funding

Local network

Experience in the local

market

Risk Partner

Takamul Today (operational)

No. Company Industry Value (US$) Shareholding Status

1 OAPIL METALS 40 million 49% Operational

2 Muscat Gases CHEMICALS 60 million 32% Operational

3 Sohar Sulfur Fertilizer CHEMICALS 6 million 62% Operational

4 Salalah Methanol CHEMICALS 600 million 10% Operational

5 United Facilities Management

INDUSTRIAL SERVICES 1.1 million 30% Operational

6 Refraco Middle East INDUSTRIAL SERVICES 0.6 million 40% Operational

7 Urea Distribution INDUSTRIAL SERVICES - 100% Operational

8 OARC METALS 400 million 100% Operational

9 GSSI METALS 30 million 49% Operational

Takamul Today (approved equity investment)

1 Centralized Maintenance INDUSTRIAL SERVICES TBC TBC Formation

2 Centralized Utilities INDUSTRIAL SERVICES TBC TBC Formation

3 Chemical Blending CHEMICALS 9 million 80% Construction

4 Ferrochrome METALS 105 million 51% Construction

5 Aluminium Coil Coating METALS 80 million 100% Construction

6 Oman Tank Terminal INDUSTRIAL SERVICES TBC TBC Formation

7 Fiber Cores METALS 4 million 100% Formation

8 PTA/PET CHEMICALS 580 million 20% Formation

9 Industrial Gases CHEMICALS TBC 70% Formation

10 Dry Ice CHEMICALS 0.45 million 60% Formation

No. Company Industry Value (US$) Shareholding Status

Thank you

Nabil Al GhassaniCEO