FINANCIAL MARKET HEADLINES
| MOROCCO | ATTIJARIWAFA BANK | NIGS up 20% in Q1 2022

| MOROCCO | BCP | NIGS up 66% in Q1 2022

| MOROCCO | EQDOM | NBI up 13% in Q1 2022
At the end of March 2022, Eqdom's Net Banking Income stood at MAD 142 Mn, up 12.7% compared to the same period of the previous
year.

| MOROCCO | DELTA HOLDING | Consolidated revenue up 24% in Q1 2022
In Q1 2022, the consolidated revenue of Delta Holding amounted to MAD 598 Mn against MAD 483 Mn in Q1 2021, i.e. an increase of 23.8%.

ECONOMIC HEADLINES
| MOROCCO | PORTS | Port traffic down 3% at the end of April 2022

At the end of April 2022, the traffic carried through the ports managed by the ANP (National Ports Agency) reached an overall volume of 29.6 million tons. This shows a decrease of 2.7% compared to the same period of the previous year.

| TUNISIA | KEY RATE | The Central Bank raised the key rate to 7.0%
During its meeting held on May 17th 2022, the Board of Directors of Tunisia’s Central Bank decided to raise the key rate by 75 BPS to 7.0%.


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