Bahri Outlook and Valuation

Bahri was established in 1948. This is the year a Royal Decree creates Bahri, the public company. Initially known as NSCSA, owned 22.55% Public Investment Fund (PIF), 20% Saudi Aramco Development Co. (SADCO), 57.45% listed (Tadawul). A large fleet of 95 modern, state-of-the-art vessels that are built to the highest standards enable Bahri to serve 150 ports worldwide. This presentation provides a brief overview of Bahri and detailed valuation.