1. Presenting Mubadala March 2013

2. Sr. Manager, Communications – Aerospace
Sara Al Shorouqi
Sr. Manager, Communications – Aerospace
Mubadala

3. Sheikh Zayed bin Sultan Al Nahyan Founder of the UAE
“We must not rely on oil alone as the main source of our national income. We have to diversify the sources of our revenue and construct economic projects that will ensure a free, stable, and dignified life for the people of this country.”
Sheikh Zayed bin Sultan Al Nahyan Founder of the UAE
This is a quote from Sheikh Zayed bin Sultan Al Nahyan, the founding father and driving force behind the United Arab Emirates.
Oil was first discovered in the UAE in 1958, and Sheikh Zayed recognized the opportunity that this created for the UAE, but also recognized the need to diversify the economy away from a reliance on hydrocarbons in order to secure the long term future of his people.
This vision of Sheikh Zayed remains central to the Government of Abu Dhabi’s vision today, and is at the heart of the Mubadala story.

4. About Abu Dhabi
The United Arab Emirates (UAE) is a federation of seven Emirates situated on the Arabian peninsula The Emirate of Abu Dhabi has a population of 2.1 million and holds 9% of the world’s oil reserves and 5% of the world’s gas reserves Abu Dhabi city is the capital of the UAE In 2007, the Abu Dhabi Government identified a number of priority areas to drive the diversification of the economy and reduce the country’s reliance on hydrocarbons Today, 48% of Abu Dhabi’s total GDP is non-oil & gas related
The UAE, which was established in 1971, is made up of seven Emirates located on the Arabian Gulf at the gateway between Europe and Asia.
Abu Dhabi is the largest of the Emirates, and holds a significant percentage of the world’s oil reserves.
Capitalizing on these resources, the Government of Abu Dhabi developed a strategy – based on Sheikh Zayed’s original vision – which focused on diversification away from reliance on hydrocarbons through the development and growth of a range of industries.
The Government also focused on equipping Emirati Nationals with the expertise to support this economic diversification – creating opportunities for long-term, rewarding careers.
As part of this process, a range of companies were established to focus on, and take responsibility for, key areas of development.
This strategy, and the efforts of companies like Mubadala, have seen Abu Dhabi’s non-oil GDP rise to almost 50%.

5. About Mubadala
A principal agent in the process of economic diversification Formed in 2002 and 100% owned by the Government of Abu Dhabi H.H. Sheikh Mohamed Bin Zayed Al Nahyan, Abu Dhabi’s Crown Prince, is Chairman of the Board of Directors Mandated to strengthen Abu Dhabi’s growth potential, and to help the Government meet its socioeconomic targets Focused on investment and development across multiple sectors, with a portfolio valued at more than US$50 billion
Formed in 2002, Mubadala began life focused on the Dolphin project, an ambitious undersea natural gas pipeline connecting three countries in the Arab world – Qatar, UAE and Oman.
In just 10 years, Mubadala has grown into a company with over US $50 billion in assets that has helped develop ten key industrial sectors, created over 10,000 jobs locally and made significant contributions to the GDP and development of Abu Dhabi.
Mubadala is wholly owned by the Government of Abu Dhabi and the Crown Prince is our chairman. We can be described as a principal agent in Abu Dhabi’s economic diversification – acting on behalf of / entrusted by the government.
Mubadala’s mandate is therefore a dual one – focusing on both financial and social returns.

6. Investment Approach
Mubadala is an active investor in sectors and geographies that hold exciting potential and tangible returns.
UAE Headquartered
Commercially Focused
Globally Integrated
Establishing and incubating UAE-based businesses that:
Diversify and grow Abu Dhabi’s non-oil GDP
Develop Abu Dhabi’s social infrastructure
Investing in businesses, projects and initiatives that:
Promise long term commercial returns
Provide access to unique intellectual property
Creating a global network of businesses that:
Support the growth of the UAE economy
Maintain Abu Dhabi’s competitive advantage in high-growth sectors
Mubadala is an active investor in sectors and geographies that hold exciting potential and tangible returns, working in partnership with a number of world-class organizations.
Mubadala establishes and incubates UAE based businesses that diversify and grow Abu Dhabi’s non-oil GDP and develop its social infrastructure. Mubadala also invests in global businesses, projects and initiatives that promise long term commercial returns and provide access to unique intellectual property that will maintain Abu Dhabi’s competitive advantage in high-growth sectors.
Mubadala’s investment philosophy is centered on the foundation of world-class partnerships. These encompass a broad range of initiatives and areas of joint cooperation with some of the world’s leading businesses – [NAME ORGANIZATIONS MOST RELEVANT TO AUDIENCE]
In partnership with world-class organizations:

7. Global Footprint 40% 100% 10 15 million US $2 bn
owned Torresol Energy inaugurates solar plant in Spain
100%
owned GlobalFoundries opened its 8th fab in Malta, New York in 2012 10
concessions operated by Mubadala Petroleum in Thailand
Abu Dhabi,
UAE
15 million
Etisalat Nigeria subscribers
The Mubadala Group of Companies today is very much a global story. It employs around 33,000 people across the world, half of which are based outside the UAE
Examples of current activities:
Investing in sector defining renewable energy projects in the UK and Spain through Masdar;
Helping GlobalFoundries become the world’s second largest foundry with facilities in US, Germany and Singapore;
Building on Abu Dhabi’s rich oil and gas heritage via opportunities in Africa and Asia.
Our global activities also include investments focused on new and exciting long term opportunities. Mubadala’s US$2bn stake in Brazil’s EBX Group was established to explore opportunities in Latin America.
US $2 bn
stake in Brazil’s EBX Group
33,000 employees within the Mubadala Group, with more than half employed outside the UAE

8. Financial Performance
Mubadala has one of the strongest credit ratings in the Middle East – reflecting the strength of the Group’s portfolio and the continuing support of its Shareholder
2012 HY Financial Highlights
Over $50 billion in assets
under management
Robust corporate governance and business operating standards
In terms of financial performance, Mubadala has seen solid growth across a range of key financial metrics – Revenue, Assets and Equity.
Mubadala has one of the strongest credit ratings in the Middle East – reflecting the strength of the Group’s portfolio and the continuing support of its Shareholder – the Government of Abu Dhabi.
Today – Mubadala has over US $ 50 billion assets under management, robust corporate governance and business operating standards and the highest level of legal and ethical compliance.
UPDATE TO FOLLOW FY12 ANNOUNCEMENT LATER THIS MONTH
Highest level of legal and ethical compliance

9. #2 3.5% Zero Global Platforms
Mubadala is building upon Abu Dhabi’s competitive advantages to build businesses, alongside established international partners, in multiple sectors including aerospace, metals, oil & gas, semiconductors, real estate and renewable energy.
Many of these investments have seen Mubadala expand its presence in emerging markets, in recognition of the long term opportunities and growth potential that they offer.
GLOBALFOUNDRIES is the second largest semiconductor foundry, by revenues, in the world
3.5%
EMAL contributed more than AED 9 billion to Abu Dhabi’s GDP in 2011, increasing non-oil GDP by 3.5%
Zero
Mubadala Petroleum recorded 0 spills of more than one barrel in their 2011 operating activity
Aerospace
Industry, Metals & Mining
Mubadala is building upon Abu Dhabi’s competitive advantages to build businesses, in partnership with established international organizations in diverse priority sectors.
Many of these investments have seen Mubadala expand its presence in emerging markets, in recognition of the long term opportunities and growth potential that they offer.
The key sectors are Aerospace, Metals, Oil & Gas, Renewable Energy, Information & Communications Technology, Semiconductors.
We will look into each of these Global Platforms now.
Oil & Gas
Renewable Energy
Information & Communications Technology
Semiconductors

10. Aerospace
Mubadala is driving the development of the aerospace sector in Abu Dhabi
Creating a network of leading, globally-integrated businesses delivering capability across:
Maintenance, repair, and overhaul (MRO)
Original equipment manufacturing (OEM)
Aerostructures manufacturing
Flight training
Investing in education, training, and research and development initiatives that underpin the sector’s development #1
ADAT is the largest third-party MRO provider in the Middle East
21k
Size of Strata manufacturing facility in Al Ain (m²)
Mubadala is driving the development of the aerospace sector in Abu Dhabi by creating a leading network of globally integrated businesses.
With capability across key areas such as Maintenance, Repair and Overhaul (MRO), Original Equipment Manufacturing (OEM), aerostructures manufacturing and flight training, Mubadala is pioneering the creation of a new technology and manufacturing base for the Emirate.
Mubadala also invests in education, training, and research and development initiatives that underpin the sector by developing the human capital needed to ensure that critical roles are filled by highly-skilled individuals.
Mubadala has entered into agreements with leading aerospace and aviation companies around the world to leverage the expertise necessary for a high tech, start-to-finish technology and manufacturing base that offers both state-of-the-art facilities and a global reach.
Strata, the manufacturer of advanced composite aero structures delivered the first shipment of A330 ailerons made in Al Ain to Airbus during An agreement was signed with Boeing that will see manufacturing work begin in 2013. 50
Horizon trained 50 Etihad Emirati cadet pilots in 2011
Portfolio Highlights: Abu Dhabi Aircraft Technologies (ADAT) • Advanced Military Maintenance, Repair, and Overhaul Centre (AMMROC) • Horizon Flight Academy • Nibras Al Ain Aerospace Park • PiaggioAero SpA • Sanad Aero Solutions • SR Technics • STRATA

11. 3.5% 2,700 1.3m Industry, Metals & Mining
Mubadala is leading the development of global industrial champions in the metals and mining sector in Abu Dhabi
Nurturing primary and downstream businesses while securing upstream resources, including supplies of carbon, bauxite and alumina
Mubadala also manages a portfolio of industrial interests including utilities
3.5%
Increase in Abu Dhabi's non-oil GDP
2,700
Direct jobs created in the UAE to date
Mubadala is leading the development of a metals-related cluster in Abu Dhabi, creating global industrial champions in priority areas such as aluminium, mining and advanced materials.
Mubadala actively nurtures primary and downstream businesses, and is also focused on securing upstream resources including carbon, bauxite and alumina, key raw materials in the creation of aluminium. Mubadala launched Suyadi, its first joint venture in China, which will provide high-quality calcined petroleum coke, and formed a collaboration agreement with the Republic of Guinea, through which a long term bauxite supply agreement has been formed with Compagnie des Bauxites de Guinée (CBG).
In July 2012, Emirates Aluminium (EMAL), Mubadala’s joint venture with Dubai Aluminium (DUBAL), reached the milestone of cumulative production of 1.5 million tons of hot metal, the fastest production achieved by a single site smelter in the global aluminium industry to date.
1.3m
Annual production capacity of EMAL post-completion of Phase II (tonnes)
Portfolio Highlights: Emirates Aluminium (EMAL) • Guinea Alumina Corporation • Suyadi • Tabreed

12. Oil & Gas
Mubadala Petroleum is exploring, appraising, developing, and producing oil and gas resources in the Middle East, North Africa, and Central and Southeast Asia
Managing assets and operations, at all stages of the upstream value chain, across the Eastern Hemisphere
Deploying operational experience and technical expertise, honed in the UAE, across a portfolio that spans 12 countries
Leveraging commercial and government relationships to secure new opportunities
140.4m
Barrels of oil equivalent in WIP during 2011
385k
Barrels of oil equivalent in WIP per day during 2011
Mubadala Petroleum builds on Abu Dhabi’s rich oil and gas heritage and pursues opportunities that will meet the Emirate’s current and future energy demands.
It manages assets and operations at all stages of the upstream value chain, deploying operational and technical expertise across a portfolio that spans the Middle East, North Africa, and Central and South East Asia, while leveraging commercial and government relationships to secure new opportunities.
Mubadala Petroleum is a partner in a number of major projects such as Dolphin Energy, which is central to meeting the energy needs of the UAE; enhanced oil recovery projects in Oman and Bahrain; and exploration projects in Kazakhstan, Tanzania and South East Asia.
Mubadala Petroleum has more than 600 employees around the world, a presence in 12 countries, and working interest production peaking in excess of 400,000 barrels of oil per day.
Spills of more than 1 barrel
Portfolio Highlights: Dolphin Energy • Emirates LNG • Petrofac Emirates • Tatweer Petroleum

13. Renewables
Masdar is advancing the development, commercialization and deployment of renewable energy solutions and clean technologies
Establishing Abu Dhabi as a global center of excellence in the renewable energy and clean technology sector
Channeling the emirate’s hydrocarbon resources to maintain and evolve Abu Dhabi’s leadership position in the world energy market 50
Research &
Development
projects
100MW
Capacity of Shams 1, flagship solar project in Abu Dhabi
Masdar is Abu Dhabi’s multi-faceted renewable energy company, advancing the development, commercialization and deployment of technologies and solutions.
The company serves as a link between today’s fossil-fuel economy and the energy economy of the future.
Masdar is organized around three business units, and an independent, research-driven graduate university.
This holistic approach keeps Masdar at the forefront of the global clean energy industry, while ensuring it remains grounded in the pursuit of pioneering and commercially-viable technologies and systems.
With each unit focused on a key component of the value chain, Masdar is designed with the broad scope needed to meet the most pressing sustainability challenges.
The London Array, a joint venture with DONG Energy and E.ON located in the United Kingdom, began producing power in At full capacity, it is expected to be the world’s largest offshore wind farm.
19.9MW
Capacity of Torresol concentrated solar power plant in Spain
Portfolio Highlights: London Array • Masdar City • Masdar Institute • Shams 1 • Torresol Energy

14. 85 15m 45% Information & Communications Technology
Mubadala is providing world-class satellite communications, technology and telecoms infrastructure for the MENA region
Building the advanced technology and communications infrastructure required to support Abu Dhabi’s growth including:
The region’s first multi-purpose satellite communications system
An integrated telecommunications provider – offering mobile, fixed line, internet and pay TV 85
Countries where Yahsat offers satellite services
15m
Subscribers achieved by Etisalat Nigeria
Mubadala is investing in a global portfolio of world-class information & communications technology assets, providing employment opportunities in IT, technology, telecoms, and satellite operations.
Mubadala’s portfolio includes Yahsat, the region’s first multipurpose satellite communications system and du, an integrated telecommunications provider offering mobile, fixed line, internet and pay TV to almost half of the UAE.
With a unique understanding of regional requirements, it is well positioned to develop bespoke solutions for the public and private sector in the Middle East, Africa, Europe and South West Asia, and is bringing expertise and experience to a sector that has been identified as important to the Emirate’s economic diversification.
Mubadala achieved a significant ICT milestone in April 2012 with the launch of its second satellite, Y1B, from Kazakhstan.
45%
Market share achieved by du
Portfolio Highlights: Bayanat • du – Emirates Integrated Communications • Etisalat Nigeria • Injazat Data Systems • Al Yah Satellite Communications Company (Yahsat)

15. Semiconductors
Advanced Technology Investment Company (ATIC) is establishing Abu Dhabi as a key player in the global semiconductor industry
Facilitating the creation of an advanced technology research and development hub in Abu Dhabi
Operating manufacturing centers in Germany, the United States and Singapore – ensuring flexible and secure supply
Working alongside major research, development and design enablement facilities in the United States, Europe and Asia
GLOBALFOUNDRIES is now the second largest foundry, by revenues, in the world #2
100%
stake in
GLOBALFOUNDRIES since March 2012
Advanced Technology Investment Company (or ATIC) has established Abu Dhabi as a key player in the global semiconductor industry, through the creation of GLOBALFOUNDRIES, the world’s second largest foundry, and by facilitating the creation of an advanced technology research and development hub in the Emirate.
With manufacturing centers in Germany, the United States and Singapore, ATIC’s global manufacturing footprint is also supported by research, development and design facilities located near the major semiconductor hubs.
Just as important as technological development, ATIC is also focused on developing the human capital to support its own growth. To that end:
91 Emirati students are currently in the US completing a Bachelor or Master degree in Engineering in top-tier universities.
165 Emirati students from top universities in the UAE have completed the 5-7 week internship at a GLOBALFOUNDRIES Fab in either Dresden or Singapore.
50 Emirati students are currently completing the Higher Diploma in Manufacturing Systems at the Abu Dhabi Polytechnic.
332 Emirati students between grades 7 – 12 and 60 teachers have been engaged in an ATIC outreach STEM program.
20 qualified Emirati professionals are currently completing a 2-year training program at a GLOBALFOUNDRIES Fab in either Dresden or Singapore.
150
global customers served by 8 Fabs
Portfolio Highlights: Calxeda • GLOBALFOUNDRIES • Intermolecular

16. 10k 85k 20k Social Infrastructure Investments
Mubadala is also investing in projects which deliver clear socioeconomic benefits to Abu Dhabi, such as human capital development and the growth of the local private sector.
This investment also extends to the establishment, construction and provision of social infrastructure in Abu Dhabi, particularly in the sectors of healthcare and real estate, in support of the Abu Dhabi Government’s development strategy.
10k
jobs created in Abu Dhabi, with plans to add another 8,000 by 2020
85k
patients registered with Imperial College London Diabetes Centre
20k
students can be educated at three Mubadala-built universities
Healthcare
Everything Mubadala does links back to supporting the diversification of Abu Dhabi, from catalyzing key sectors of the economy which will establish the UAE as a global center of excellence in multiple industries, to developing social infrastructure for the UAE, such as healthcare and educational facilities.
The common thread that runs through all Mubadala investments and assets is the opportunities they enable for current and future generations, from employment in entirely new sectors to the educational and healthcare infrastructure to support the nation.
We will now look at Mubadala’s social infrastructure investments.
Real Estate
Human Capital
Services

17. Healthcare
Mubadala is creating a thriving private healthcare sector for the Emirate, providing world-class facilities for residents
Improving regional access to world-class healthcare facilities, and reducing the need for patients to travel overseas
Providing specialist facilities that address regional healthcare issues, such as diabetes
surgical procedures
Performed at Abu Dhabi Knee & Sports Medicine
Centre
5.6k 4k
tests available at National Reference Laboratory
Mubadala is contributing to a thriving healthcare sector by providing world-class facilities for the residents of the UAE and the wider region, and is focused on addressing the region’s most pressing healthcare needs through the creation of specialist facilities.
In collaboration with internationally recognized medical organizations such as John Hopkins Medicine International, Imperial College London, and Cleveland Clinic, the goal is to bring the highest standards of clinical expertise to the region and reduce the need for patients to travel overseas for treatment.
There is a particular focus on combatting major regional healthcare issues such as diabetes. The UAE has the 2nd highest number of diabetes sufferers in the region and the two Imperial College London Diabetes Centres in Abu Dhabi and Al Ain are already playing their part in tackling this major issue.
2012 saw the opening of the second Imperial College London Diabetes Centre (ICLDC) in Al Ain, bringing the total number of registered patients across the two centers to over 60,000.
These facilities have provided diabetes prevention, education and treatment to more than 177,000 people since opening in 2007.
85k
registered patients at the Imperial College London Diabetes Centre
Portfolio Highlights: Abu Dhabi Knee and Sports Medicine Centre • Capital Health Screening Centre • Cleveland Clinic Abu Dhabi • Imperial College London Diabetes Centre • Healthpoint • National Reference Laboratory • Tawam Molecular Imaging Centre • Wooridul Spine Centre

18. 15k 6k 100% Real Estate and Infrastructure
Mubadala is managing social and commercial infrastructure projects, predominantly focused on Abu Dhabi
Developing the physical and social infrastructure required to underpin a well-organized and rapidly evolving society
Focusing on projects that are designed, built and operated to international standards of quality, functionality and sustainability – including a world-class Central Business District for Abu Dhabi and a series of educational infrastructure projects
15k
students at UAE University’s new campus 6k
students at Zayed University's new Abu Dhabi campus
Mubadala is helping to develop the physical and social infrastructure required to underpin a well organized and rapidly evolving society.
It focuses on projects that are designed, built and operated to international standards of quality, functionality and sustainability.
Major projects include Sowwah Square, a world-class Central Business District in downtown Abu Dhabi and educational establishments including Zayed University, Paris-Sorbonne University, Abu Dhabi and UAE University.
2012 was a year of delivery, with the completion of all four office towers at Sowwah Square on Al Maryah Island.
of retail space at The Galleria at Sowwah Square leased by top global brands
100%
Portfolio Highlights: Al Maabar • Al Maryah Island • Khadamat • Paris-Sorbonne University, Abu Dhabi • PF Emirates Interiors • Rosewood Abu Dhabi • Sowwah Square • UAE University • Viceroy Hotel Group • Viceroy Maldives • Zayed University, Abu Dhabi

19. Services
Mubadala is investing in services sectors that directly enable the Emirate’s growth
Building and managing businesses across services industries, including financial services, transportation & logistics, and defense
Providing speed to market, economies of scale and greater operational efficiencies
2.5m
annual container throughput (TEU’s) for phase one of Khalifa Port container terminal
55%
increase in profitability at Abu Dhabi Terminals
Mubadala is also investing in service sectors that directly enable the Emirate’s growth by providing speed to market, economies of scale and greater operational efficiencies.
Financial Services - Mubadala is helping to bring world-class financial services businesses to Abu Dhabi, building the skills and knowledge base that underpin the Emirate’s ambitions to become a global financial center.
Logistics - Mubadala invests in a number of logistics businesses to strengthen Abu Dhabi’s position in the global supply chain market.
Defense Services - Mubadala’s assets also include Al Taif Technical Services, a leading Maintenance, Repair and Overhaul services provider for defense-related land systems.
Al Taif’s mandate is for 40 per cent of its 1,000 strong workforce to be Emirati Nationals by Already more than 200 UAE Nationals work in its workshops, research and development department, and in management positions.
of loan book value
granted to Emirati nationals by Abu Dhabi Finance
52%
Portfolio Highlights: Abu Dhabi Finance • Abu Dhabi Terminals • Agility Abu Dhabi • Al Taif Technical Services • Dunia Finance • Emirates Ships Investment Company (Eships) • LeasePlan Emirates • Mesirow Investment Management Partners • Mubadala Pramerica Real Estate Investors

20. Investments
Mubadala invests throughout the capital structure in a diversified portfolio of global public and private securities, pursuing a value-oriented investment approach with a primary focus on the creation of long term value and a bias towards capital preservation.
Private & Public Market Investments
Mubadala Capital manages the Group’s public and private market investments, in companies such as GE, The Carlyle Group and EBX Group. These investments are helping to drive collaboration across multiple industry verticals.
Fund Investments
Mubadala Capital is the primary vehicle for Mubadala’s financial investment activities.
Investing throughout the capital structure in a diversified portfolio of global public and private securities, it pursues a value oriented approach with a primary focus on the creation of long-term value and a bias towards capital preservation.
Private & Public Market Investments - Mubadala Capital manages the Group’s public and private market investments, in companies such as GE, The Carlyle Group and EBX Group. These investments are helping to drive collaboration across multiple industry verticals and provide access to new markets.
Fund Investments - Mubadala Capital also manages the Group’s Limited Partnership fund activities and a number of General Partner ownership positions, including Related and Verno Capital. These investments are helping to reduce volatility across the portfolio.
Mubadala Capital also manages the Group’s LP/fund activities and a number of GP ownership positions, including Related and Verno Capital. These investments are helping to reduce volatility across the portfolio.

21. Thank You