our visionTo be the leading provider of creative and environment-friendly cooling solutions.

our missionWe deliver thermal energy to customers as an effective cooling solution. In doing so we:• Deliver a superior, reliable and quality service• Contribute to the improvement of the environment• Grow in the Sultanate while we expand internationally• Expand and integrate our value chain• Lead in the employment and development of Omani nationals• Enhance the economic prosperity of our shareholders• Develop team spirit through a productive, motivated work force.

shareholders and holding structureTabreed UAE originally established Tabreed LLC in Oman to pursue district cooling businesses. Subsequently the Omani and international investors joined Tabreed UAE in establishing Tabreed Oman SAOC, the entire business of Tabreed LLC is being transferred to Tabreed Oman SAOC. The holding structure of Tabreed Oman is as follows:

Tabreed UAE holds a 60% share in the company and the remaining 40% is held by Omani and international investors, including:• Ministry of Defence Pension Fund (MODPF) - 10%• Diwan of Royal Court Pension Fund (DRCPF) - 5%• ISS Pension Fund (ISSPF) - 7%• PMA International Ltd (PMA) - 10%• Private Projects Development Co. LLC (PPD) - 8%

Tabreed UAETabreed UAE was incorporated in June 1998 as a public joint stock company in the UAE. It was the first commercial provider of district cooling services in the Gulf region and is one of the largest in the world.

Its key customers in the UAE include the UAE Armed Forces, Dubai Municipality/Road & Transport Authority (Dubai Metro project), several real estate developments owned by the government and the private sector, hotels and shopping malls. In the UAE, Tabreed currently operates 31 plants with a total current installed capacity of approximately 287,000 tons. It also has a pipeline of projects under planning, construction and development that will add about 461,000 tons.

ABOUT US

Tabreed has entered into joint ventures to create district cooling entities in Qatar, Bahrain, the KSA, Oman and Jordan. Summary of Tabreed UAE’s financial performance is as follows:

Tabreed Holdings WLL (Incorporated in the Kingdom of Bahrain), a subsidiary of Tabreed UAE, holds a 60% of equity in Tabreed Oman SAOC.

Ministry of Defence Pension FundAn Oman institutional investor representing the Ministry of Defence Pension Fund. MODPF holds a 10% stake in Tabreed Oman SAOC.

PMA International Ltd.PMA International is a major shareholder in Galfar Engineering and Contracting, the largest construction company in Oman, with branches in the UAE, Qatar and Brunei. Galfar’s total workforce is of 23,000 employees. In 2007, Galfar had gone public in Oman through an Initial Public Offering process offering RO60 million shares to the public. PMAI holds a 10% stake in Tabreed Oman SAOC.

ISS Pension FundAn Oman institutional investor representing the Internal Security Service Pension Fund. ISSPF holds a 7% stake in Tabreed Oman SAOC.

Diwan of Royal Court Pension FundDiwan of Royal Court is a non-corporate entity, owned by Omani Government, having principal activities of political and administrative links between His Majesty and the central government, the armed forces and the security forces. Similarly it provides a vital link with the people. It is involved in various aspects of social development, economic, education and military matters. Diwan of Royal Court holds 14% in Oman Ceramics Company, 11% in Bank Sohar, 11% in Bank Muscat International and Diwan of Royal Court Pension Fund hold 3% in Bank Sohar and 3% in Taageer Finance Company and other investments. DRCPF holds a 5% stake in Tabreed Oman SAOC.

Private Project Development (PPD)Private Project Development represents the equity interest of Mr. Amer Al Suleimani and Mr. Salim Hamed Al Kamyani, two Omani individual investors. PPD holds an 8% equity stake in Tabreed Oman SAOC.

board of directorsTabreed Oman SAOC’s board has 7 directors. A brief profile of the directors is as follows:

Jasim Thabet - ChairmanThe Chief Executive Officer of National Central Cooling Company PJSC (Tabreed).Jasim is responsible for overseeing the district cooling company’s operations in the UAE and across the GCC as well as ensuring that the company continues to generate sustainable and long-term value for all its stakeholders.

Thabet joined Tabreed in August 2012, bringing with him significant experience in the regional infrastructure and utilities industries, including the district cooling sector. Prior to joining Tabreed, Thabet was Vice-President in Mubadala Development Company’s Industry Unit, with responsibility for managing several of the unit’s key assets. As part of the unit’s asset management team for Tabreed, Thabet played an important role in Tabreed’s 2010 recapitalization program, which set in place a stable capital structure and returned the company to financial and operational health.

During this period at Mubadala, Thabet also led a number of value enhancing initiatives for the company including a review of its water

sector strategy in the MENA region and the development of an R&D strategy aimed at establishing Abu Dhabi as a global leader in district cooling. He was also instrumental in the successful completion of major cooling infrastructure projects valued at over AED 1.2 billion.

Before joining Mubadala in 2009, Thabet held the position of Senior Project Manager at General Electric Power Systems, where he was responsible for bringing to fruition several large scale power plants in Saudi Arabia and Qatar. Thabet holds a Bachelor of Science in Mechanical Engineering from Saint Martin’s University, USA.

Juma Al Khamisi - Vice ChairmanThe nominee of Ministry of Defence Pension Fund. Juma is the Deputy Director for Financial Affairs in Ministry of Defence Pension Fund. Has a CPA (Certified Public Accountant-USA) and holds a B.Sc. Commerce and Economics from Sultan Qaboos University (1998). He also holds Master of Science in Accounting (MSA) from Barry University USA- Florida (2009) and received a special achievement: Honour Society membership - Beta Gamma Sigma for the best students in business programs accredited by AACSB International, in March 2009.

Ahmed Al Amri - DirectorThe nominee of the ISS Pension Fund.Ahmed holds a BA degree in Business Administration - Accounting Department from Sultan Qaboos University (2001) and holds a B.Sc in commercial law from East Anglia University, United Kingdom (2010). Al Amri began his career with ISS-PF and has over 13 years experience in finance, accounting, auditing and legal.

C. M. Cidar - DirectorThe nominee of the PMA International.A Sr. Financial Management professional with more than 28 years experience in Omani Finance Management and Investment portfolios in multimillion turnover business environments. Continuing as Sr. Investment Manager of Galfar Engineering; Investment Advisor to Dr. P. Mohamed Ali (Galfar Group) since 1985 and looking after investment in India and the Middle East. Presently, also Director of Azaiba Hotels LLC, Oman. Was Managing Director of Professional Contracting & Trading LLC, Oman and Professional Interiors & Furniture LLC, Oman.

Khalifa Al Qubaisi - Director, Tabreed nomineeThe Strategic Relationship Director of Tabreed in the UAE. Khalifa has been a bachelor of Business Management since 1994, with over 14 years experience in different fields and has worked 7 years as Economy Researcher in Abu Dhabi Chamber of Commerce, 5 years as Assistant General Manager – Department Deputy Head – Abu Dhabi Investment and 2 years in Emirates Media.

Andres Calderon - Director, Tabreed nomineeThe Finance Director at the National Central Cooling Company PJSC – Tabreed. An Investment professional with over 10 years of top performance in corporate finance, risk and asset management, business development, and operations restructuring in the United States, the Middle East and Asia. A graduate of B.S. Industrial Engineering, he began his career in Investment Banking with Bank of America Merrill Lynch, New York, working on capital markets, project and risk management before moving to the Middle East. He joined Mubadala Development Company in 2009, and was involved in project finance, business and strategy development and asset management for investments of over $900m. Andres is a CFA charter holder, with an MBA from INSEAD, France, and a M.S. in Financial Engineering from Georgia Tech, USA.

Colin Sangster - Director, Tabreed nomineeThe Regional Business Development Director at the National Central Cooling Company PJSC (Tabreed).Colin has 20 years’ experience in the utilities and environment sector across Europe, Asia and the Middle East. Previously CFO of the Mubadala-Veolia joint venture for water services across the MENA region, and prior to that, CFO for Suez Environment’s water and solid waste businesses in China. During that time led the refinancing of the group’s water portfolio, helping it become one of the leading private water services providers in mainland China.

Tabreed Oman SAOC PO Box 3391Seeb 111Sultanate of OmanT +968 2417 0033

our visionTo be the leading provider of creative and environment-friendly cooling solutions.

our missionWe deliver thermal energy to customers as an effective cooling solution. In doing so we:• Deliver a superior, reliable and quality service• Contribute to the improvement of the environment• Grow in the Sultanate while we expand internationally• Expand and integrate our value chain• Lead in the employment and development of Omani nationals• Enhance the economic prosperity of our shareholders• Develop team spirit through a productive, motivated work force.

shareholders and holding structureTabreed UAE originally established Tabreed LLC in Oman to pursue district cooling businesses. Subsequently the Omani and international investors joined Tabreed UAE in establishing Tabreed Oman SAOC, the entire business of Tabreed LLC is being transferred to Tabreed Oman SAOC. The holding structure of Tabreed Oman is as follows:

Tabreed UAE holds a 60% share in the company and the remaining 40% is held by Omani and international investors, including:• Ministry of Defence Pension Fund (MODPF) - 10%• Diwan of Royal Court Pension Fund (DRCPF) - 5%• ISS Pension Fund (ISSPF) - 7%• PMA International Ltd (PMA) - 10%• Private Projects Development Co. LLC (PPD) - 8%

Tabreed UAETabreed UAE was incorporated in June 1998 as a public joint stock company in the UAE. It was the first commercial provider of district cooling services in the Gulf region and is one of the largest in the world.

Its key customers in the UAE include the UAE Armed Forces, Dubai Municipality/Road & Transport Authority (Dubai Metro project), several real estate developments owned by the government and the private sector, hotels and shopping malls. In the UAE, Tabreed currently operates 31 plants with a total current installed capacity of approximately 287,000 tons. It also has a pipeline of projects under planning, construction and development that will add about 461,000 tons.

ABOUT US

Tabreed has entered into joint ventures to create district cooling entities in Qatar, Bahrain, the KSA, Oman and Jordan. Summary of Tabreed UAE’s financial performance is as follows:

Tabreed Holdings WLL (Incorporated in the Kingdom of Bahrain), a subsidiary of Tabreed UAE, holds a 60% of equity in Tabreed Oman SAOC.

Ministry of Defence Pension FundAn Oman institutional investor representing the Ministry of Defence Pension Fund. MODPF holds a 10% stake in Tabreed Oman SAOC.

PMA International Ltd.PMA International is a major shareholder in Galfar Engineering and Contracting, the largest construction company in Oman, with branches in the UAE, Qatar and Brunei. Galfar’s total workforce is of 23,000 employees. In 2007, Galfar had gone public in Oman through an Initial Public Offering process offering RO60 million shares to the public. PMAI holds a 10% stake in Tabreed Oman SAOC.

ISS Pension FundAn Oman institutional investor representing the Internal Security Service Pension Fund. ISSPF holds a 7% stake in Tabreed Oman SAOC.

Diwan of Royal Court Pension FundDiwan of Royal Court is a non-corporate entity, owned by Omani Government, having principal activities of political and administrative links between His Majesty and the central government, the armed forces and the security forces. Similarly it provides a vital link with the people. It is involved in various aspects of social development, economic, education and military matters. Diwan of Royal Court holds 14% in Oman Ceramics Company, 11% in Bank Sohar, 11% in Bank Muscat International and Diwan of Royal Court Pension Fund hold 3% in Bank Sohar and 3% in Taageer Finance Company and other investments. DRCPF holds a 5% stake in Tabreed Oman SAOC.

Private Project Development (PPD)Private Project Development represents the equity interest of Mr. Amer Al Suleimani and Mr. Salim Hamed Al Kamyani, two Omani individual investors. PPD holds an 8% equity stake in Tabreed Oman SAOC.

board of directorsTabreed Oman SAOC’s board has 7 directors. A brief profile of the directors is as follows:

Jasim Thabet - ChairmanThe Chief Executive Officer of National Central Cooling Company PJSC (Tabreed).Jasim is responsible for overseeing the district cooling company’s operations in the UAE and across the GCC as well as ensuring that the company continues to generate sustainable and long-term value for all its stakeholders.

Thabet joined Tabreed in August 2012, bringing with him significant experience in the regional infrastructure and utilities industries, including the district cooling sector. Prior to joining Tabreed, Thabet was Vice-President in Mubadala Development Company’s Industry Unit, with responsibility for managing several of the unit’s key assets. As part of the unit’s asset management team for Tabreed, Thabet played an important role in Tabreed’s 2010 recapitalization program, which set in place a stable capital structure and returned the company to financial and operational health.

During this period at Mubadala, Thabet also led a number of value enhancing initiatives for the company including a review of its water

sector strategy in the MENA region and the development of an R&D strategy aimed at establishing Abu Dhabi as a global leader in district cooling. He was also instrumental in the successful completion of major cooling infrastructure projects valued at over AED 1.2 billion.

Before joining Mubadala in 2009, Thabet held the position of Senior Project Manager at General Electric Power Systems, where he was responsible for bringing to fruition several large scale power plants in Saudi Arabia and Qatar. Thabet holds a Bachelor of Science in Mechanical Engineering from Saint Martin’s University, USA.

Juma Al Khamisi - Vice ChairmanThe nominee of Ministry of Defence Pension Fund. Juma is the Deputy Director for Financial Affairs in Ministry of Defence Pension Fund. Has a CPA (Certified Public Accountant-USA) and holds a B.Sc. Commerce and Economics from Sultan Qaboos University (1998). He also holds Master of Science in Accounting (MSA) from Barry University USA- Florida (2009) and received a special achievement: Honour Society membership - Beta Gamma Sigma for the best students in business programs accredited by AACSB International, in March 2009.

Ahmed Al Amri - DirectorThe nominee of the ISS Pension Fund.Ahmed holds a BA degree in Business Administration - Accounting Department from Sultan Qaboos University (2001) and holds a B.Sc in commercial law from East Anglia University, United Kingdom (2010). Al Amri began his career with ISS-PF and has over 13 years experience in finance, accounting, auditing and legal.

C. M. Cidar - DirectorThe nominee of the PMA International.A Sr. Financial Management professional with more than 28 years experience in Omani Finance Management and Investment portfolios in multimillion turnover business environments. Continuing as Sr. Investment Manager of Galfar Engineering; Investment Advisor to Dr. P. Mohamed Ali (Galfar Group) since 1985 and looking after investment in India and the Middle East. Presently, also Director of Azaiba Hotels LLC, Oman. Was Managing Director of Professional Contracting & Trading LLC, Oman and Professional Interiors & Furniture LLC, Oman.

Khalifa Al Qubaisi - Director, Tabreed nomineeThe Strategic Relationship Director of Tabreed in the UAE. Khalifa has been a bachelor of Business Management since 1994, with over 14 years experience in different fields and has worked 7 years as Economy Researcher in Abu Dhabi Chamber of Commerce, 5 years as Assistant General Manager – Department Deputy Head – Abu Dhabi Investment and 2 years in Emirates Media.

Andres Calderon - Director, Tabreed nomineeThe Finance Director at the National Central Cooling Company PJSC – Tabreed. An Investment professional with over 10 years of top performance in corporate finance, risk and asset management, business development, and operations restructuring in the United States, the Middle East and Asia. A graduate of B.S. Industrial Engineering, he began his career in Investment Banking with Bank of America Merrill Lynch, New York, working on capital markets, project and risk management before moving to the Middle East. He joined Mubadala Development Company in 2009, and was involved in project finance, business and strategy development and asset management for investments of over $900m. Andres is a CFA charter holder, with an MBA from INSEAD, France, and a M.S. in Financial Engineering from Georgia Tech, USA.

Colin Sangster - Director, Tabreed nomineeThe Regional Business Development Director at the National Central Cooling Company PJSC (Tabreed).Colin has 20 years’ experience in the utilities and environment sector across Europe, Asia and the Middle East. Previously CFO of the Mubadala-Veolia joint venture for water services across the MENA region, and prior to that, CFO for Suez Environment’s water and solid waste businesses in China. During that time led the refinancing of the group’s water portfolio, helping it become one of the leading private water services providers in mainland China.

Tabreed Oman SAOC PO Box 3391Seeb 111Sultanate of OmanT +968 2417 0033

our visionTo be the leading provider of creative and environment-friendly cooling solutions.

our missionWe deliver thermal energy to customers as an effective cooling solution. In doing so we:• Deliver a superior, reliable and quality service• Contribute to the improvement of the environment• Grow in the Sultanate while we expand internationally• Expand and integrate our value chain• Lead in the employment and development of Omani nationals• Enhance the economic prosperity of our shareholders• Develop team spirit through a productive, motivated work force.

shareholders and holding structureTabreed UAE originally established Tabreed LLC in Oman to pursue district cooling businesses. Subsequently the Omani and international investors joined Tabreed UAE in establishing Tabreed Oman SAOC, the entire business of Tabreed LLC is being transferred to Tabreed Oman SAOC. The holding structure of Tabreed Oman is as follows:

Tabreed UAE holds a 60% share in the company and the remaining 40% is held by Omani and international investors, including:• Ministry of Defence Pension Fund (MODPF) - 10%• Diwan of Royal Court Pension Fund (DRCPF) - 5%• ISS Pension Fund (ISSPF) - 7%• PMA International Ltd (PMA) - 10%• Private Projects Development Co. LLC (PPD) - 8%

Tabreed UAETabreed UAE was incorporated in June 1998 as a public joint stock company in the UAE. It was the first commercial provider of district cooling services in the Gulf region and is one of the largest in the world.

Its key customers in the UAE include the UAE Armed Forces, Dubai Municipality/Road & Transport Authority (Dubai Metro project), several real estate developments owned by the government and the private sector, hotels and shopping malls. In the UAE, Tabreed currently operates 31 plants with a total current installed capacity of approximately 287,000 tons. It also has a pipeline of projects under planning, construction and development that will add about 461,000 tons.

Tabreed has entered into joint ventures to create district cooling entities in Qatar, Bahrain, the KSA, Oman and Jordan. Summary of Tabreed UAE’s financial performance is as follows:

Tabreed Holdings WLL (Incorporated in the Kingdom of Bahrain), a subsidiary of Tabreed UAE, holds a 60% of equity in Tabreed Oman SAOC.

Ministry of Defence Pension FundAn Oman institutional investor representing the Ministry of Defence Pension Fund. MODPF holds a 10% stake in Tabreed Oman SAOC.

PMA International Ltd.PMA International is a major shareholder in Galfar Engineering and Contracting, the largest construction company in Oman, with branches in the UAE, Qatar and Brunei. Galfar’s total workforce is of 23,000 employees. In 2007, Galfar had gone public in Oman through an Initial Public Offering process offering RO60 million shares to the public. PMAI holds a 10% stake in Tabreed Oman SAOC.

ISS Pension FundAn Oman institutional investor representing the Internal Security Service Pension Fund. ISSPF holds a 7% stake in Tabreed Oman SAOC.

Diwan of Royal Court Pension FundDiwan of Royal Court is a non-corporate entity, owned by Omani Government, having principal activities of political and administrative links between His Majesty and the central government, the armed forces and the security forces. Similarly it provides a vital link with the people. It is involved in various aspects of social development, economic, education and military matters. Diwan of Royal Court holds 14% in Oman Ceramics Company, 11% in Bank Sohar, 11% in Bank Muscat International and Diwan of Royal Court Pension Fund hold 3% in Bank Sohar and 3% in Taageer Finance Company and other investments. DRCPF holds a 5% stake in Tabreed Oman SAOC.

Private Project Development (PPD)Private Project Development represents the equity interest of Mr. Amer Al Suleimani and Mr. Salim Hamed Al Kamyani, two Omani individual investors. PPD holds an 8% equity stake in Tabreed Oman SAOC.

board of directorsTabreed Oman SAOC’s board has 7 directors. A brief profile of the directors is as follows:

Jasim Thabet - ChairmanThe Chief Executive Officer of National Central Cooling Company PJSC (Tabreed).Jasim is responsible for overseeing the district cooling company’s operations in the UAE and across the GCC as well as ensuring that the company continues to generate sustainable and long-term value for all its stakeholders.

Thabet joined Tabreed in August 2012, bringing with him significant experience in the regional infrastructure and utilities industries, including the district cooling sector. Prior to joining Tabreed, Thabet was Vice-President in Mubadala Development Company’s Industry Unit, with responsibility for managing several of the unit’s key assets. As part of the unit’s asset management team for Tabreed, Thabet played an important role in Tabreed’s 2010 recapitalization program, which set in place a stable capital structure and returned the company to financial and operational health.

During this period at Mubadala, Thabet also led a number of value enhancing initiatives for the company including a review of its water

sector strategy in the MENA region and the development of an R&D strategy aimed at establishing Abu Dhabi as a global leader in district cooling. He was also instrumental in the successful completion of major cooling infrastructure projects valued at over AED 1.2 billion.

Before joining Mubadala in 2009, Thabet held the position of Senior Project Manager at General Electric Power Systems, where he was responsible for bringing to fruition several large scale power plants in Saudi Arabia and Qatar. Thabet holds a Bachelor of Science in Mechanical Engineering from Saint Martin’s University, USA.

Juma Al Khamisi - Vice ChairmanThe nominee of Ministry of Defence Pension Fund. Juma is the Deputy Director for Financial Affairs in Ministry of Defence Pension Fund. Has a CPA (Certified Public Accountant-USA) and holds a B.Sc. Commerce and Economics from Sultan Qaboos University (1998). He also holds Master of Science in Accounting (MSA) from Barry University USA- Florida (2009) and received a special achievement: Honour Society membership - Beta Gamma Sigma for the best students in business programs accredited by AACSB International, in March 2009.

Ahmed Al Amri - DirectorThe nominee of the ISS Pension Fund.Ahmed holds a BA degree in Business Administration - Accounting Department from Sultan Qaboos University (2001) and holds a B.Sc in commercial law from East Anglia University, United Kingdom (2010). Al Amri began his career with ISS-PF and has over 13 years experience in finance, accounting, auditing and legal.

C. M. Cidar - DirectorThe nominee of the PMA International.A Sr. Financial Management professional with more than 28 years experience in Omani Finance Management and Investment portfolios in multimillion turnover business environments. Continuing as Sr. Investment Manager of Galfar Engineering; Investment Advisor to Dr. P. Mohamed Ali (Galfar Group) since 1985 and looking after investment in India and the Middle East. Presently, also Director of Azaiba Hotels LLC, Oman. Was Managing Director of Professional Contracting & Trading LLC, Oman and Professional Interiors & Furniture LLC, Oman.

Khalifa Al Qubaisi - Director, Tabreed nomineeThe Strategic Relationship Director of Tabreed in the UAE. Khalifa has been a bachelor of Business Management since 1994, with over 14 years experience in different fields and has worked 7 years as Economy Researcher in Abu Dhabi Chamber of Commerce, 5 years as Assistant General Manager – Department Deputy Head – Abu Dhabi Investment and 2 years in Emirates Media.

Andres Calderon - Director, Tabreed nomineeThe Finance Director at the National Central Cooling Company PJSC – Tabreed. An Investment professional with over 10 years of top performance in corporate finance, risk and asset management, business development, and operations restructuring in the United States, the Middle East and Asia. A graduate of B.S. Industrial Engineering, he began his career in Investment Banking with Bank of America Merrill Lynch, New York, working on capital markets, project and risk management before moving to the Middle East. He joined Mubadala Development Company in 2009, and was involved in project finance, business and strategy development and asset management for investments of over $900m. Andres is a CFA charter holder, with an MBA from INSEAD, France, and a M.S. in Financial Engineering from Georgia Tech, USA.

Colin Sangster - Director, Tabreed nomineeThe Regional Business Development Director at the National Central Cooling Company PJSC (Tabreed).Colin has 20 years’ experience in the utilities and environment sector across Europe, Asia and the Middle East. Previously CFO of the Mubadala-Veolia joint venture for water services across the MENA region, and prior to that, CFO for Suez Environment’s water and solid waste businesses in China. During that time led the refinancing of the group’s water portfolio, helping it become one of the leading private water services providers in mainland China.

ABOUT US

Tabreed Oman SAOC PO Box 3391Seeb 111Sultanate of OmanT +968 2417 0033