c o m p a n y p r o f i l e

c o m p a n y p r o f i l e

Content: About Tharwa

Our Vision

Our Mission

Core Values

Services

Products

Board of Directors

Strategic Investment

Executive Management

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About TharwaTharwa Investment Co. is a company specializing in the field of asset management and investment services. Tharwa Investment Co. was founded in 2006 with a paid-up capital of KWD 15 million. The company was established by the synergistic efforts of a team of specialized entrepreneurs and highly experienced professionals in the investment industry. Tharwa seeks and hopes to reach a leading position in the investment sector through focusing on asset management services and offering innovative investment products that live up to its clients aspirations as well as meet their respective goals and purposes.

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Our VisionWe aim to be among the leading investment companies in the Middle East.

Our MissionTo meet our clients needs, achieve their goals, exceed their expectations through creating innovative products and investment services.

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Core Values Trust: We are working to earn the trust of our clients.

Innovation: Innovate in our work to achieve our goals and the goals of our clients.

Teamwork: We practice our work as team and share decision-making.

Integrity: Maintain our reputation by committing to confidentiality of our work.

Excellence: We aspire to outstanding performance in everything we do.

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secivreS tnemeganaM tessA)ANEM( acirfA htroN & tsaE elddiM eht ni tnemtsevnI srotsevni sreffo tnemtraped tnemtsevnI )ANEM( acirfA htroN & tsaE elddiM sawrahT gnimaet yB .stekraM latipaC tsaE elddiM rehto dna itiawuK ot ssecca evisneherpmoc yllacitametsys ot elba era ew tnemeganam nevird tluser dna esrevid ,decneirepxe na rehtegot ytiliba ruO .stneilc rof nruter ezimixam ot dna sevitcejbo ruo hsilpmocca yltnetsisnoc dna snruter tnemtsevni fo drocer cirotsih dnuos a ni tnedive si slaog tnemtsevni ruo teem ot dna lacitylana lanoisseforp ruo ot eud si siht ;ecnamrofrep stekram latipac fo sseldrager tnemtsevni elbatfiorp fo egatnavda ekat dna yfitnedi ot su elbane hcihw slliks tnemeganam.seitinutroppo

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Wealth ManagementThe Wealth Management at Tharwa strives to develop and manage your investment optimally. As we keep pace with the latest developments in the capital markets, while maintaining the utmost secrecy of your information. We are keen to provide investment solutions that will empower you to attain your aspirations.

Our knowledge and experience will enable you to maintain your funds in an optimal manner. It is through our qualified team you will receive counseling and assistance. In order to help you manage your funds in way that will assure you optimal distribution and diversity of assets. Our qualified team will bring to your knowledge the risk margins of each investment.

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Direct InvestmentThe Direct Investment Department represents one of the key investment arms of the company.As a comprehensive department with both local and international interests, the Direct Investment Department is responsible for the companys medium to long term investments across diversified sectors. The objective of such investments is to earn capital gains and create a steady flow of income for the company. Sectors which are included within the functions of the department are real estate, services and technology. With this in mind, the Direct Investment Department also offers inclusive solutions for Tharwa clients that seek to invest in what the department offers.

In addition to this primary function of deal creation and participation, Tharwas Direct Investment Department also deals with all Specialized Funds, which flow into the company. Asset Management vehicles that provide Tharwa clients the opportunity to co-invest with Tharwa itself are found, assessed, and processed by this central department. All due diligence and investment screening for such products is under the leadership of the Direct Investment Department with the aim of achieving financial growth, strategic partnerships and generating cash flow for Tharwa and its clients.

International InvestmentsTharwa Investment Company engages in asset management activities not only at the local level, but internationally as well.

The International Investment Department is dedicated to all financial services that we provide our clients outside of the State of Kuwait, which include but are not restricted to equities, fixed income products, structured products and alternative investments.

Tharwa Investment Company has a wide scope of partnerships in key global financial centers with the aim of maximizing financial gains for both Tharwa and our clients. The International Investment Department employs a dynamic method to propose asset allocation to clients, which is shaped and molded to the needs of the individual investor. By taking into consideration factors such as risk tolerance, investment time horizon, overall return objective and any particular constraints, the department provides the best solution and recommends changes, if necessary, along the way.

With this in mind, the International Department strives to be Tharwas comprehensive key to the global financial community.

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Investment Banking ServicesTharwa Investment Company offers an array of products and services as the following:

Strategic InvestmentsAt Tharwa we engage in a number of activities which fall into the category of strategic investments. Such activities include the formation of special purpose vehicles abroad, the founding and creation of subsidiary companies locally and internationally, the acquisition of assets which add value, as well as the drafting of medium and long-term strategies for achieving goals.

Consulting ServicesTharwa Investment Company offers consultation for businesses in all stages of development. Fields in which we consult include: creation of a new business, expansion of an existing business, corporate restructuring, legal and financial analysis.

As part of Tharwas consulting services, we organize due diligence, for both financial and legal for the client.

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ProductsPortfolio Management Tharwa Manages several types of investment portfolios, including conventional and Islamic in addition to GCC portfolios, the portfolios are divided to portfolios managed by Tharwa and portfolios managed by the client in addition to the custody portfolios.

Index Performance Year

20.04% 21.26% 2010

-19.42% -13.44% 2011

-0.31% 15.68% 2012

3.51% 20.49% 2013

Index Performance Year

25.31% 13.56% 2010

-17.62% -8.68% 2011

5.61% 16.68% 2012

3.64% 17.04% 2013

Average Performance of Conventional Portfolios

Average Performance of Islamic Portfolios

Tharwa Investment Fund The fund invests in listed companies on the Kuwait, GCC and MENA Stock Exchanges, offering a weekly exit for investors.

Tharwa Islamic Fund The fund invests in listed companies on the Kuwait, GCC and MENA Stock Exchanges that adhere to the principals of Islamic Shariah, offering a weekly exit for investors.

Tharwa Arab Fund The fund invests in Arab states stock exchanges, while offering a monthly exit for investors.

Tharwa World Fund The fund invests in global securities and financial products. The fund asset allocation is diversified with the advantage of monthly investor exit.

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0102 %62.12 %40.02

1102 %44.31- %24.91-

2102 %86.51 %13.0-

3102 %94.02 %15.3

0102 %65.31 %13.52

1102 %86.8- %26.71-

2102 %86.61 %16.5

3102 %40.71 %46.3

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Board of DirectorsMARZOUQ FAJHAN AL-MUTAIRI Chairman

BADER SALEH HAMED AL-ISSADeputy Chairman

ABDULLAH JASEM KHALID AL-SAADOUNDirector

MOHAMED JUMA AL-FAHADDirector

YAQOUB YOUSEF AL HASSAWIDirector

MOHAMMED SAUD AL-OSAIMISecretary of the Board of Directors

Strategic InvestmentTIC REAL-ESTATE COMPANY Further to the companies initiative to expand its core business activities beyond Kuwait we recently established an office in Bahrain focusing on real-estate development opportunities.

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Ahmed Ezzat DerbalaExecutive Vice President Regulatory and administrative SectorAhmed Derbalah joined Tharwa Investment Company in 2007 and was last appointed as an Executive Vice President after holding several senior positions. Prior to Tharwa, Derbalah has worked for several audit firms, the most recent of which was Ernst & Young (Al Aiban, Al Osaimi & Partners) in Kuwait.

During his experience in auditing firms, Derbalah audited several sectors before specializing in the Investments, Telecommunications and Oil & Gas sectors; Derbalah has solid exposure in the fields of Accounting, Finance and Audit.

Upon joining Tharwa, he has used his strong experience and knowledge and established operational and programmatic supports. Additionally, through extensive operational efforts, he assisted in achieving Tharwas mission and established controls and procedures for all departments & units under his supervision.

Derbalah holds a Bachelor of Commerce degree specializing in accounting from Ain Shams University, Cairo. He also holds a CPA Certificate from California, USA in addition to several courses and diplomas in International Financial Reporting Standards, Anti Money Laundering and Financial Programs.

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CPA . .

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www.tharwa.com

Tharwa Investment Co. Arraya Tower 2 Floor 21 & 22Abdulaziz Hamad Al Saqer St SharqP.O.Box 811 Safat, 13009 KuwaitTel : 00965 22243000Fax : 00965 22243099www.tharwa.com

@tharwainv