Presentation of Cevital Group 2014 1 Development of

Presentation of Cevital Group 2014 1

Development of Cevital Group (1/4) Year Investment Mode 1971 SO. CO. MEG Stake 1975 PROFILOR Creation 1979 SOTECOM Acquisition 1984 SACM Acquisition 1985 ENALUX Creation NORD METAL Creation Fabrication of wire mesh and seaves METALLOR Creation Fabrication of steel tubing METAL SIDER Creation Steel industry J. B. M. Creation Acquisition of I. B. M. activities in Algeria LIBERTE Creation Daily newspaper 1986 1988 1991 Industry 2 Metal construction

Development of Cevital Group (2/4) Year Investment Mode Industry 1992 C. B. S Creation Acquisition of RANK XEROX activities 1995 AGRO-GRAIN Creation Import and distribution of food products 1997 HYUNDAI MOTORS ALGERIE Creation Distribution of Hyundai vehicles 1998 CEVITAL SPA Creation Food processing 1999 AGRO INDUSTRY IN BEJAIA Creation First oil refinery 2 x 300 TPD 600 TPD 2000 AGRO INDUSTRY IN BEJAIA Creation Second oil refinery 2 x 600 TPD 1200 TPD 2001 AGRO INDUSTRY IN BEJAIA Creation Margarine and shortening plant 600 TPD 2003 AGRO INDUSTRY IN BEJAIA Creation First sugar refinery 1600 TPD 2000 TPD 3

Development of Cevital Group (3/4) Year 2005 2006 2007 2008 2009 Investment Mode Industry Lalla Khedija Creation Food processing (bottled water and soda) CEVICO Creation Pre-stressed concrete (2 production plants) COJEK Acquisition Food processing (fruit juice / canned goods) NUMIDIS Creation Mass distribution MFG Creation Float glass (first plant of 600 T/day) BATICOMPOS Acquisition Construction materials SAMHA Creation Distribution of SAMSUNG Electronics products MFG Europe Creation Glass distribution in Europe COGETP Creation VOLVO heavy vehicles CEVIAGRO Creation Agriculture NOLIS Creation Maritime shipping New sugar refinery Expansion Capacity increased by 1 million T/year of sugar 2 x 25 MW power plant Creation Power + Steam cogeneration New SAMHA factory in Algeria Expansion Assembly of SAMSUNG products 4

Development of Cevital Group (4/4) 2013 2014 OXXO – France Acquisition Premade window and door systems ALAS – Spain Acquisition Window and door aluminum frames CEVITAL Windows Creation New Complex in Bordj Bou Arraredj Brandt Home Appliances Acquisition European Operations – France Opening of Cevital International Creation France, Dubai UAE, Belem Brasil, Djibouti, … Lucchini Metal Foundry, Steel Mill, and Port Operations Acquisition European Operations – Piombino Italy Vera Grain Handling Silos Acquisition Vera Mato Grosso, Brazil – Silos for grains and cereal handling with large capacity Projects in Progress … Oxxo Algérie - Fenêtres : in construction Samha 2 : site preparation MFG new 800 T line : in final assembly Cement & Clinker – 4 mn t/a : Quarry purchased, studies phase 5

Cevital Group Today • A diversified group, active in more than 10 business sectors • Achieved more than 34% of annual growth rate since 2000 • Turnover of 3. 5 Billion USD achieved in 2013 • Projected Turnover in 2015 USD 5. 0 Billion • 25, 000+ staff end of 2016 • Strong managerial and financial structures

Human Resources u o b a h t de n ou p m Co d % 1 3 t w o r g 7 r e p ar e y

Group Turnover 9999 9 119 s i uce p n esi d sth e r w f ifro h g c % 2 à 34 e n hca n t a rse s i o o Cr. M ( Million USD) Objective 2015 - 5 Billion Dollars Turnover 8

Cevital Group African Scale Ranking by Jeune Afrique Magazine – HS #32 2013 • 67 th position in 500 largest companies of Africa for 2012 • 55 th position in 500 largest companies of Africa for 2013 • #1 in Agro Industries in Africa • #1 Private Company in Algeria • #2 Company in Algeria after Sonatrach • #1 Algerian Exporter outside of Hydrocarbons • #2 Tax Payer in Algeria after Sonatrach …

Corporate Organization Board of Directors & Chairman Holding Audit Poles and respective affiliates Support structures Finance Strategic Planification & IT Human Resources & Communication Procurement Agro-industries • Cevital Agro industrie • Ceviagro • Nolis Automotive & Services • HMA (Hyundai) • ACTS • COGETP • Cevital MTP • Immobis • Futur Media • Cevicar Construction • Cevital Entreprise • Cevico • Cevielec • CA 2 E • ERTECA • CV DAY Engineering Distribution • Numidis • Numilog • Cevitam Primary Industries • MFG • SAMHA (Samsung) • Baticompos • Cevital Minerals PROJECTS IN THE PIPELINE Petrochem - Renewable Energies - Steel - Aluminum - Automotive Manufacturing - Naval Construction - Chemistry & Paint Production – Cement, Cevital International 10

Cevital Agro Industries § Vegetable oil: 570 000 TPY, i. e. 140 % of domestic needs ü Exports to North Africa and the Middle-East § White sugar: 2 Million TPY, i. e. 190 % of domestic needs (with 2. 6 M TPY in 2014 - the biggest refinery in the world on the same site) ü Exports to more than 28 countries in the world. § Margarine and shortenings: 180 000 TPY, i. e. 120 % of domestic needs, over several lines of products ü Exports to Europe, North Africa and the Middle-East § Mineral water and soda: 3 000 bottles/day § Fruit juices and canned foods: (juice, soda, fruit preserves, canned tomatoes…) § Port silos and an unloading terminal of 2000 ton per hour § Storage silos and tanks at the port of capacity 0. 5 Million of tons 11

Sugar Business • The Cevital Group Sugar Activite includes: ü A 3000 TPD refinery to be expanded to 3500 TPD (2013) ü A 2000 TPD refinery to be expanded to 3000 TPD (2013) ü A 600 TPD liquid sugar refinery ü A 600 TPD Special Sugars production unit (2014) ü Six packaging lines (small packs, big bags, jumbo bags. . ) • The total production capacity is 5 700 TPD (2012) • The total production capacity is 7 700 TPD (2014) • The capacity will reach 2. 7 million TPY (2014) • Cevital has the world biggest refinery on one site • 1. 1 million of tons are for the domestic market • In 2013 and beyond exports will be beyond 40% 12

§ Market gardening § Nurseries ü Citrus ü Other fruit trees § Potato seed production § Fertiliser distribution § Projects under Development ü Oilseed production ü Livestock production ü Milk production 13

NUMIDIS Distribution Large Distribution Projects: § 5 logistics platforms, covering the national territory § 120 shopping centers, malls with hypermarkets and shopping galleries § 130 supermarkets 1414

SAMHA Electronics Production of Samsung Electronics products “Made in Algeria” § Refrigerators, air conditioners, washing machines, LCD TVs, all under Samsung brand. § Rollout of a distribution network for Samsung products. Ultimate goal: 300 points of sale. § Export to follow: Samsung will take excess production for its distribution network in Europe and Africa 15

Mediterranean Float Glass 5 production lines producing flat glass § 1 st line with capacity of 600 T/day operational since 2007 ü 30% of capacity covers entire domestic demand ü 70% destined to export market § Construction of 2 nd line with capacity of 800 T/day in planning stages. Additional lines to follow. 16

Construction with prefabricated concrete Larbaa plant : Equipped with 6 hangars; 12 tracks of 123 m for molds; and 3 concrete plants. Job creation: 650 jobs in direct labor, several thousands of indirect jobs. Cost of investment: 20 million Euros, 100 % from internal capital. 17

Our Corporate Values • Integrity and Transparency • Initiative and Innovation • Commitment and Accountability • Duty and Citizenship • Respect and Inclusion 18