Expanding geographically in MENA and further abroad, with a focus on low-capex opportunities that deliver robust return with limited capital expenditure

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• In 2022 we signed a Memorandum of Understanding (MoU) with the Kingdom of Saudi Arabia’s (KSA) Ministry of Investments, stating our intention to invest up to $1 billion in KSA by 2030
• We commenced our KSA expansion in 2023 through a joint venture with Leejam, the largest operator of fitness centers in the MENA region. Together, we are opening physiotherapy, rehabilitation and wellness centers across KSA
• We are also in discussions to operate and maintain a number of hospital assets in KSA and other markets, as well as separate potential partnerships in areas of niche, specialized medical care
• Geographic expansion will provide additional growth opportunities in the respective new markets as well as facilitating the movement of more international patients to the UAE for complex treatment.