We make a Difference we make a difference

We make a Difference we make a difference

Journey We make a Difference 1 Started a visionary journey in 1989, in Bangladesh, WAC Logistics Ltd. (formerly, Wings Air Cargo) now spreads across the globe through its strong agents network In Myanmar since April, 2013 Growth 120 3 WAC set it’s footprint in emerging logistics industry of Bangladesh 2 Numbers in million US$ * In million $ With full-fledged operation, WAC established it’s headquarter in Dhaka Exclusive partnership with CEVA was established 100 80 1989 2013 60 4 1992 199 4 Visionary plan of WAC to invest in Myanmar 40 2012 2013 Going strong against all odds…… 2014 2015 2016 2017 2018 2019 5 WAC continued to expand it’s solutions and service to MNCs and the apparel industry 2015

Ventures The Group and it’s associate companies has more than 20 separately run companies locally and Globally. • WINGS Group Ø Ø WAC Logistics Ltd. Voyager Aviation Services Wings Tours And Travels Ltd. Wings Aviation Services Ltd. • Sri Lankan Airlines Ø First forwarding Ltd. • GSA Saudia Cargo Ø WAC Myanmar We make a Difference

Current Operations Warehousing • • International Freight Forwarding • Air Freight • Ocean Freight • Multi-modal Transportation 162, 000 SQ ft fully equipped Warehouse at Chittagong with Regulated QC facility 75, 000 SQ ft warehouse at Dhaka – 5 km from DAC airport We make a Difference Customs • • • Customs Brokerage Commodity classification Aggregated declarations Inland Transportation • Comprehensive Trucking service by our dedicated fleet

Country Profile: Bangladesh We make a Difference Name : People's Republic of Bangladesh Capital : Dhaka (Largest City) Population : 163 million Area : 143, 998 sq km (55, 598 sq miles) Major language : Bengali Currency : Taka Maritime Ports (Sea Port) : Port of Chittagong ( TEU Traffic : 2. 3 million Port of Mongla ( TEU Traffic : 70, 000 ) Port of Payra Maritime Ports (River Port) : Port of Pangaon ( TEU Traffic : 116, 000 )* International Airports : Hazrat Shahjalal International Airport (Dhaka)* * Mostly used ports Bangladesh Export Data (Bln $) 50 40 30 20 10 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Bangladesh Market Development – Economic Outlook • No. of CFS in Chittagong: 17 • Total CFS space in Chittagong: 2, 932, 000 sq. ft. ; • 98% of the space is currently occupied • Top 5 CFS in Chittagong: KDS Logistics Ltd; SAPL East & West; Esack Brokers Industries Ltd; Incotrade Ltd; Ispahani SAPL – contribute to 60% of the total CFS space in Chittagong • New Space – no immediate new space available before 2020 • Top 10 forwarders (WAC being one of them) contribute 47% of the total volume in Bangladesh market • Currently WAC is using KDS , SML and Esack Brothers CFS facility We make a Difference Import – Export from CTG Port Import 1600000 Export 1400000 1200000 1000000 800000 600000 400000 200000 0 2012 -13 2013 -14 2014 -15 2015 -16 2016 -17 2017 -18 2018 -19 *Source: CPA

Chittagong CFS: Current Setup WE MAKE A DIFFERENC Ocean CFS in Chittagong - 162, 000 sq. ft bonded warehouse • • KDS (132, 000 sq. ft , Essack- 10, 000 sq. ft , SML- 20, 000 sq. ft Handling Capacity- 70 X 40 HC per day, 2100 X 40 HC per month Unique QC Platform with supervised Bond Fully Secured , 24 hours CCTV & Surveillance 0% Child labor EHS ensured Full pallet operation Diesel powered fire pump with additional electric pump We make a Difference

QC Facility We make a Difference QC Platform under New Customs Supervised Bond • NBR (National Board of Revenue) approved under the new 2018 regulations • Existing 1, 200 SQ FT QC Platform at KDS and 800 SQ FT at SML

Global Ocean Freight Capabilities Global FCL and LCL services 30 min drive to port A complete portfolio of services across the global network We make a Difference 24 Hour Online connectivity 25000 22, 670 20000 15000 TEUs FCL 10000 shipped in 2019* 5000 0 2012 2013 2014 2015 2016 2017 2018 2019 Fully equipped and operational 24 x 7 with Security System, CCTV & Para-Military Armed Guard 2, 000 SQ FT Separate QC Platform 45 Minutes Truck Turn Around

Airfreight Facility : CCL We make a Difference • Air Freight CFS in Dhaka - 75, 000 sq. ft warehouse • 5 KM (15 mins) drive to the airport • Run by CCL • • • Customs bonded Cargo Scanning ULD Build up Facility Roller bed truck Only RA 3 standard facility in Bangladesh RA 3 , TSA standard X Ray Machines QC facility Fire Alarm, Smoke Detector & Fire Extinguisher In house facility reservoir IP based CCTV Camera Archway Metal detector

Global Air freight Capabilities 75, 000 SQ FT warehouse, 5 km away from Dhaka Airport Global freight forwarder with a full range of comprehensive services and global coverage serving all major trade lanes We make a Difference 7, 000 Tons Annual Shipment Flexible Delivery at DC 10000 8000 6000 4000 2000 0 8941 9322 6150 1914 2411 7100 3660 2013 2014 2015 2016 2017 2018 2019 Full visibility and control: Customer specific Control Towers monitoring the shipments being en route 24/7 Security and compliance: • IATA compliance • Fully compliant with all security rules and regulations Per week capacity of 250 tons

Pangaon Dhaka: River Port • Established in 2013 at Keraniganj, south of Dhaka aimed at easing pressure of cargo movement on the Dhaka-CTG railway and highway corridors • Storage capacity of 3, 500 TEUs, annual handling capacity 116, 000 TEUs • Currently 4 Vessels operating weekly from Pangaon • Each vessel carrying 160 TEUs • First handled export shipment in 2017 (2, 180 TEUs) • Rubber crane - expected to be installed at the terminal within 2019 • 10, 000 sq ft space allocated, handling capacity 200 TEUs/month • Can be used for • Flatpack consolidation • GOH/Flatpack consolidation We make a Difference

Our GOH Capabilities GOH - Flat pack Consolidation GOH and Flat pack in the same container Consolidation can be done using a partition in between Feasible for Low Volume Cargo 100% Container Utilization CFS Stuffing • • • GOH – GOH Consolidation • • • Mixing of GOH Shipments from different suppliers Consolidation can be done using a partition in between Feasible for Low Volume Cargo Cost effective solution CFS Stuffing We make a Difference

Country Profile: Myanmar GDP in Bln. $ 19 20 18 20 17 20 16 20 15 20 14 20 13 20 12 20 11 20 10 20 09 20 08 20 07 20 06 20 05 350 300 250 200 150 100 50 0 20 • Myanmar - Interesting Sourcing Country for RMG export : • Favorable labor cost • New investment law in force - strongly promoting foreign investment • High level of international support from Government to provide technical assistance, training and market access support • Base Country Data : • Capital : Nay Pyi Taw • Largest & Commercial City : Yangon • Currency : Kyat • Population: 52. 9 million • Currently 588 garment factories are running in Myanmar • Number of workers in the garment industry: 340, 000 ; 90% are women, most of them aged between 18 and 27 We make a Difference

Country Profile: Myanmar International Trade Gateway : • Airport: Yangon Int’l Airport (RGN), largest airport of Myanmar • Seaport : Yangon – Main 3 Terminals : • Myanmar Int’l Terminal Thilawa (MITT) • Asia World Port Terminal (AWPT) • Myanmar International Port Terminal (MIPT) • Border Post : Myawaddy – Mae Sot (Myanmar. Thailand) Muse – Ruili (Myanmar – China) Main Terminal in Yangon (River ports) : MIPT : COSCO, IAL, ONE, Maersk, CMA, YML, HLS AWPT MITT AIPT TMT : COSCO, IAL, ACL, EMC, ONE, YML, HLS, CMA : Maersk , ONE, COSCO, RCL, CMA : COSCO, RCL : Maesrk We make a Difference

Yangon CFS: Current Setup • CFS at Yangon : • New Warehouse NTGM from 1 st July 2017 • 20, 000 sq. ft. Area ( can be expanded ) • Currently 75% Area being utilized • 25 KM (40 mins) drive to the port • Managed by WAC & NTGM Staffs • Daily Stuffing Capacity : 20 Containers (average) • GOH Loading Facilities • 6 loading bays • Fully Secured , 24 hours CCTV & Surveillance • 0% Child labor • EHS ensured • QC Platform • Own Office at Prime Location of Yangon with 12 permanent staffs We make a Difference

CARRIER PORTFOLIO We make a Difference OCEAN CARRIERS AIR CARRIERS 17

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