Dear Valued Shareholders,

I am delighted to present to you our company's annual report for the fiscal year 2022. Despite the challenging economic environment, I am proud to report that we have achieved strong financial performance and made continued progress towards our strategic goals.

Throughout the year, we remained focused on enhancing our internal management systems, planning for ensuring the supply of natural gas to the power plant, and improving operational efficiencies.

Our success is a testament to the hard work and dedication of our employees, who have demonstrated exceptional resilience and adaptability in the face of uncertainty. I would like to express my sincere appreciation and gratitude to each and every one of them for their unwavering commitment to our company's mission and values.

Looking ahead, we remain optimistic about the future and committed to delivering value to our stakeholders. We will continue to invest in innovation, sustainability, and operational transformation to ensure that we continue to serve our families in Gaza and contribute to the growth and development of the region.

In closing, I would like to thank our shareholders for their continued support and trust in our company. We are committed to delivering sustainable long-term growth and creating value for all our stakeholders.

Samer Khoury

Chairman of the Board of Director’s