UNITED GULF HOLDING COMPANY B.S.C.

A subsidiary of the KIPCO Group, UGH conducts merchant banking activities through its regional network of subsidiaries and associates. The Company’s proprietary investments include assets in commercial banking, real estate, private equity, and quoted securities. As at 31 December 2017, assets under management held through its wholly-owned subsidiary, United Gulf Bank (UGB), totalled US$ 10.8 billion.

The Company’s core subsidiaries and associates include: United Gulf Bank, KAMCO Investment Company, FIMBank, Burgan Bank, North Africa Holding Company, United Gulf Financial Services – North Africa, Takaud Savings & Pension Company, United Capital Transport Company and United Real Estate Company.

Incorporated on 28 June 2017 and licensed as a Holding Company by the Ministry of Industry, Commerce and Tourism, UGH was listed on the Bahrain Bourse on 28 September 2017. The Company’s authorised share capital is US$ 252.7 million with an issued and paid up capital of US$ 206.5 million.

THE KIPCO GROUP

The KIPCO Group is one of the biggest holding companies in the Middle East and North Africa, with consolidated assets of US$ 34.5 billion as at 31 December 2017. The Group has significant ownership interests in over 60 companies operating across 24 countries. The Group’s main business sectors are financial services, media, real estate and manufacturing. Through its core companies, subsidiaries and affiliates, KIPCO also has interests in the education and medical sectors.