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REPORT ON REVIEW OF
INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION

The Board of Directors
Al Mazaya Holding Company K.S.C.P.
State of Kuwait

Introduction
We have reviewed the accompanying interim condensed consolidated statement of financial position of Al Mazaya Holding
Company K.S.C.P. “The Parent Company” and its subsidiaries (the Group) as of September 30, 2021 and the related interim
condensed consolidated statements of profit or loss, profit or loss and other comprehensive income, changes in equity and
cash flows for the nine months period then ended. Management of the Parent Company is responsible for the preparation
and presentation of this interim condensed consolidated financial information in accordance with International Accounting
Standard 34, “Interim Financial Reporting”. Our responsibility is to express a conclusion on this interim condensed
consolidated financial information based on our review.

Scope of Review
We conducted our review in accordance with International Standard on Review Engagements 2410, “Review of Interim
financial information performed by the Independent Auditor of the Entity.” A review of interim condensed consolidated
financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and
applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in
accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we
would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit
opinion.

Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed
consolidated financial information is not prepared, in all material respects, in accordance with International Accounting
Standard 34.

Report on other Legal and Regulatory Requirements
Furthermore, based on our review the interim condensed consolidated financial information is in agreement with the books
of account of the Parent Company. We further report that, to the best of our knowledge and belief, we have not become
aware of any violations of the Companies Law No. 1 of 2016 and its Executive Regulations, as amended, or of the Parent
Company’s Memorandum of Incorporation and Articles of Association, as amended during the nine months period ended
September 30, 2021 that might have had a material effect on the Group’s financial position or results of its operations.

Furthermore, during our review we have not become aware of any material violations of the provisions of Law 7 of 2010, as
amended, relating to the Capital Markets Authority and its related regulations during the nine months period ended
September 30, 2021 that might have had a material effect on the Group’s financial position or results of its operations.

State of Kuwait Dr. Shuaib A. Shuaib
November 10, 2021 Licence No. 33-A
RSM Albazie & Co.