ANNUAL2021REPORT

Annual Report 2021 GWC

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In the Name of Allah,

The Compassionate, The Merciful

HIS HIGHNESS

HIS HIGHNESS

SHEIKH TAMIM BIN HAMAD AL THANI

SHEIKH HAMAD BIN KHALIFA AL THANI

EMIR OF THE STATE OF QATAR

FATHER EMIR

PRIDE OF

LOGISTICS

In 2021, Qatar continued its fight against Covid-19 and emerged stronger and more resilient with powerful drivers for the economy. Qatar has made concrete strides towards diversification through reforming the business environment and increased government spending on large-scale infrastructure development ahead of World Cup 2022.

The year also witnessed the successful completion of the Arab Cup, which also served as a dress rehearsal for the FIFA World Cup 2022 that will commence on November 21, 2022.

GWC played a crucial role in delivering this milestone sporting event and tackled all the bottlenecks by being agile and innovative. This is all part of GWC's long-term goal to support Qatar National Vision 2030 and build a strong foundation for businesses in Qatar for decades to come. The company's logistics footprint coupled with a highly trained workforce, IT infrastructure, and international HSE and quality standards continued to attract regional and international businesses to the country, thus aiding its economic diversification.

GWC's state-of-the art solutions and offerings are geared towards providing a robust logistics framework to support the country's development and further its ambition to be a global trade and logistics hub. The company remains committed to fulfilling its mandate to deliver a world-class,never-seen-before FIFA World Cup, with a strong focus on sustainability and legacy.

Annual Report 2021 GWC

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FINANCIAL HIGHLIGHTS 2017 - 2021

CONTENTS

Chairman's Message

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Board of Directors

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Group CEO's Message

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Management Team

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GWC At A Glance

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GWC Annual Report 2021 Business Units Summary

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Delivery Foundations

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GWC Internal Control Report 2021

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Corporate Governance Report 2021

45

Consolidated Financial Statements

85

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GWC Annual Report 2021

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Disclaimer

Gulf Warehousing Company QSC published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 15:32:05 UTC.