Overview Economy Community People Environment Governance & Risk Disclosure GRI & ADX 7GRI 102-2, 102-6, 102-10 Introduction to our business Our operating model: a foundation for growth In January 2021, Aldar Group announced a new operating model, to be led by two core businesses – Aldar Development (formerly Development Management) and Aldar Investment (formerly Asset Management). Although Aldar Development and Aldar Investment will each have their own governance and operational functions, they will work collaboratively under the umbrella of Aldar Group, which will focus on the overarching brand, strategy, sustainability, capital allocation and governance, as well as our people, legal, audit and excellence functions. Our new business model will help to drive the next phase of growth by expanding the scale and breadth of our activities, accelerating our digital transformation and strengthening our operational efficiency. It will enable a sustainability-orientated approach that is uniquely tailored to each business, helping us to build, develop and manage real estate in a more sustainable way across the entire Group. New Group Operating Model Finance & Sustainability Strategy People Legal Audit Excellence Aldar Development Aldar Development will be responsible for developing our 65 million square metre land bank. It includes three subsidiaries: Aldar Projects, to manage our fee-based development management business; Aldar Ventures, which will look after new business opportunities and innovation; and Aldar Egypt, focused on the Egyptian property market. Aldar Investment Aldar Investment is our core asset management business, focused on maximising the value of our diverse AED 18 billion portfolio. It includes: Aldar Education, a leading educational service provider offering nursery through to adult education; Aldar Estates, Provis and Khidmah which encompass property and facility management services as well as retail operations; and Aldar Hospitality and Leisure, which owns and manages Aldar’s portfolio of hotel and leisure assets, anchored around Yas Island and Saadiyat Island. Education Estates Hospitality and Leisure Projects Ventures Egypt