Presenting Mubadala March 2013

1 © Mubadala Development Company PJSC 2013

Presenting MubadalaMarch 2013


Sara Al ShorouqiSr. Manager, Communications – Aerospace

Mubadala


“We must not rely on oil alone as the main source of our national income. We have to diversify the sources of our revenue and

construct economic projects that will ensure a free, stable, and dignified life for

the people of this country.”Sheikh Zayed bin Sultan Al Nahyan

Founder of the UAE


About Abu DhabiThe United Arab Emirates (UAE) is a federation of seven Emirates situated on the Arabian peninsula

The Emirate of Abu Dhabi has a population of 2.1 million and holds 9% of the world’s oil reserves and 5% of the world’s gas reserves

Abu Dhabi city is the capital of the UAE

In 2007, the Abu Dhabi Government identified a number of priority areas to drive the diversification of the economy and reduce the country’s reliance on hydrocarbons Today, 48% of Abu Dhabi’s total GDP is non-oil & gas related


A principal agent in the process of economic diversification

Formed in 2002 and 100% owned by the Government of Abu Dhabi

H.H. Sheikh Mohamed Bin Zayed Al Nahyan, Abu Dhabi’s Crown Prince, is Chairman of the Board of Directors

Mandated to strengthen Abu Dhabi’s growth potential, and to help the Government meet its socioeconomic targets

Focused on investment and development across multiple sectors, with a portfolio valued at more than US$50 billion

About Mubadala


Commercially Focused

Investment Approach

► Investing in businesses, projects and initiatives that: ► Promise long term

commercial returns► Provide access to

unique intellectual property

UAE Headquartered

► Establishing and incubating UAE-based businesses that: ► Diversify and grow Abu

Dhabi’s non-oil GDP► Develop Abu Dhabi’s

social infrastructure

Globally Integrated

► Creating a global network of businesses that:

► Support the growth of the UAE economy

► Maintain Abu Dhabi’s competitive advantage in high-growth sectors

In partnership with world-class organizations:

Mubadala is an active investor in sectors and geographies that hold exciting potential and tangible returns.


Global Footprint

Abu Dhabi,UAE

10concessions operated by Mubadala

Petroleum in Thailand

33,000 employees within the Mubadala Group, with more than half employed outside the

UAE

100%owned

GlobalFoundries opened its 8th fab in Malta, New York in

2012

40%owned Torresol

Energy inaugurates solar plant in

Spain

US $2 bn

stake in Brazil’s EBX Group

15 millionEtisalat Nigeria

subscribers


Financial Performance

Highest level of legal and ethical compliance

2012 HY Financial Highlights

Over $50 billion in assets under management

Robust corporate governanceand business operating standards

Mubadala has one of the strongest credit ratings in the Middle East – reflecting the strength of the Group’s portfolio and the continuing support of its Shareholder


Global Platforms

Aerospace Industry, Metals & Mining

Oil & Gas Renewable Energy

Information & Communications Technology Semiconductors

Mubadala is building upon Abu Dhabi’s competitive advantages to build businesses, alongside established international partners, in multiple sectors including aerospace, metals, oil & gas, semiconductors, real estate and renewable energy.

Many of these investments have seen Mubadala expand its presence in emerging markets, in recognition of the long term opportunities and growth potential that they offer.

#2 GLOBALFOUNDRIES is the second largest semiconductor foundry, by revenues, in the world

3.5%

EMAL contributed more than AED 9 billion to Abu Dhabi’s GDP in 2011, increasing non-oil GDP by 3.5%

Zero Mubadala Petroleum recorded 0 spills of more than one barrel

in their 2011 operating activity


Aerospace

Portfolio Highlights: Abu Dhabi Aircraft Technologies (ADAT) • Advanced Military Maintenance, Repair, and Overhaul Centre (AMMROC) • Horizon Flight Academy • Nibras Al Ain Aerospace Park • PiaggioAero SpA • Sanad Aero Solutions • SR Technics • STRATA

Mubadala is driving the development of the aerospace sector in Abu Dhabi

Creating a network of leading, globally-integrated businesses delivering capability across:– Maintenance, repair, and overhaul (MRO)– Original equipment manufacturing (OEM)– Aerostructures manufacturing– Flight training

Investing in education, training, and research and development initiatives that underpin the sector’s development

#1 ADAT is the largest third-party MRO provider in the Middle East

21kSize of Strata manufacturing facility in Al Ain (m²)

50 Horizon trained 50 Etihad Emirati cadet pilots in 2011


Industry, Metals & Mining

Portfolio Highlights: Emirates Aluminium (EMAL) • Guinea Alumina Corporation • Suyadi • Tabreed

Mubadala is leading the development of global industrial champions in the metals and mining sector in Abu Dhabi

► Nurturing primary and downstream businesses while securing upstream resources, including supplies of carbon, bauxite and alumina

Mubadala also manages a portfolio of industrial interests including utilities

3.5%Increase in Abu Dhabi's non-oil GDP

2,700

Direct jobs created in the UAE to date

1.3mAnnual production capacity of EMAL post-completion of Phase II (tonnes)


Oil & Gas

Portfolio Highlights: Dolphin Energy • Emirates LNG • Petrofac Emirates • Tatweer Petroleum

Mubadala Petroleum is exploring, appraising, developing, and producing oil and gas resources in the Middle East, North Africa, and Central and Southeast Asia

► Managing assets and operations, at all stages of the upstream value chain, across the Eastern Hemisphere

► Deploying operational experience and technical expertise, honed in the UAE, across a portfolio that spans 12 countries

► Leveraging commercial and government relationships to

secure new opportunities

0 Spills of more than 1 barrel

140.4mBarrels of oil equivalent in WIP during 2011

385kBarrels of oil equivalent in WIP per day during 2011


Renewables

Portfolio Highlights: London Array • Masdar City • Masdar Institute • Shams 1 • Torresol Energy

Masdar is advancing the development, commercialization and deployment of renewable energy solutions and clean technologies

► Establishing Abu Dhabi as a global center of excellence in the renewable energy and clean technology sector

► Channeling the emirate’s hydrocarbon resources to maintain and evolve Abu Dhabi’s leadership position in the world energy market

50 Research &Developmentprojects

100MW

Capacity of Shams 1, flagship solar project in Abu Dhabi

19.9M

W Capacity of Torresol concentrated solar power plant in Spain


Information & Communications Technology

Portfolio Highlights: Bayanat • du – Emirates Integrated Communications • Etisalat Nigeria • Injazat Data Systems • Al Yah Satellite Communications Company (Yahsat)

Mubadala is providing world-class satellite communications, technology and telecoms infrastructure for the MENA region

► Building the advanced technology and communications infrastructure required to support Abu Dhabi’s growth including:

► The region’s first multi-purpose satellite communications system

► An integrated telecommunications provider – offering mobile, fixed line, internet and pay TV

85 Countries where Yahsat offers satellite services

15mSubscribers achieved by Etisalat Nigeria

45% Market share achieved by du


Semiconductors

Portfolio Highlights: Calxeda • GLOBALFOUNDRIES • Intermolecular

Advanced Technology Investment Company (ATIC) is establishing Abu Dhabi as a key player in the global semiconductor industry

► Facilitating the creation of an advanced technology research and development hub in Abu Dhabi

► Operating manufacturing centers in Germany, the United States and Singapore – ensuring flexible and secure supply

► Working alongside major research, development and design enablement facilities in the United States, Europe and Asia

#2GLOBALFOUNDRIES is now the second largest foundry, by revenues, in the world

100%stake inGLOBALFOUNDRIES since March 2012

150 global customers served by 8 Fabs


Social Infrastructure Investments

10kjobs created in Abu Dhabi, with plans to add another 8,000 by 2020

85kpatients registered with Imperial College London Diabetes Centre

20kstudents can be educated at three Mubadala-built universities

Mubadala is also investing in projects which deliver clear socioeconomic benefits to Abu Dhabi, such as human capital development and the growth of the local private sector. This investment also extends to the establishment, construction and provision of social infrastructure in Abu Dhabi, particularly in the sectors of healthcare and real estate, in support of the Abu Dhabi Government’s development strategy.

Healthcare Real Estate

ServicesHuman Capital


Healthcare

Portfolio Highlights: Abu Dhabi Knee and Sports Medicine Centre • Capital Health Screening Centre • Cleveland Clinic Abu Dhabi • Imperial College London Diabetes Centre • Healthpoint • National Reference Laboratory • Tawam Molecular Imaging Centre • Wooridul Spine Centre

Mubadala is creating a thriving private healthcare sector for the Emirate, providing world-class facilities for residents

► Improving regional access to world-class healthcare facilities, and reducing the need for patients to travel overseas

► Providing specialist facilities that address regional healthcare issues, such as diabetes

5.6ksurgical proceduresPerformed at Abu Dhabi Knee & Sports MedicineCentre

4ktests available at National Reference Laboratory

85kregistered patients at the Imperial College London Diabetes Centre


Real Estate and Infrastructure

Mubadala is managing social and commercial infrastructure projects, predominantly focused on Abu Dhabi

► Developing the physical and social infrastructure required to underpin a well-organized and rapidly evolving society

► Focusing on projects that are designed, built and operated to international standards of quality, functionality and sustainability – including a world-class Central Business District for Abu Dhabi and a series of educational infrastructure projects

15kstudents at UAE University’s new campus

6kstudents at Zayed University's new Abu Dhabi campus

100%of retail space at The Galleria at Sowwah Square leased by top global brands

Portfolio Highlights: Al Maabar • Al Maryah Island • Khadamat • Paris-Sorbonne University, Abu Dhabi • PF Emirates Interiors • Rosewood Abu Dhabi • Sowwah Square • UAE University • Viceroy Hotel Group • Viceroy Maldives • Zayed University, Abu Dhabi


Services

Mubadala is investing in services sectors that directly enable the Emirate’s growth

► Building and managing businesses across services industries, including financial services, transportation & logistics, and defense

► Providing speed to market, economies of scale and greater operational efficiencies

2.5mannual container throughput (TEU’s) for phase one of Khalifa Port container terminal

55%increase in profitability

at Abu Dhabi Terminals

52%of loan book valuegranted to Emirati nationals by Abu Dhabi Finance

Portfolio Highlights: Abu Dhabi Finance • Abu Dhabi Terminals • Agility Abu Dhabi • Al Taif Technical Services • Dunia Finance • Emirates Ships Investment Company (Eships) • LeasePlan Emirates • Mesirow Investment Management Partners • Mubadala Pramerica Real Estate Investors


Investments

Mubadala Capital manages the Group’s public and private market investments, in companies such as GE, The Carlyle Group and EBX Group.

These investments are helping to drive collaboration across multiple industry verticals.

Mubadala invests throughout the capital structure in a diversified portfolio of global public and private securities, pursuing a value-oriented investment approach with a primary focus on the creation of long term value and a bias towards capital preservation.

Private & Public Market Investments

Fund Investments

Mubadala Capital also manages the Group’s LP/fund activities and a number of GP ownership positions, including Related and Verno Capital.

These investments are helping to reduce volatility across the portfolio.


Thank You

Documents

Presenting Mubadala March 2013