DAE announces Full Year 2020 Financial Results Dubai Aerospace Enterprise (DAE) Ltd today reported its financial results for the full year 2020. Financial Highlights include: Total Revenue: US$1,300.3 million (2019: US$1,439.5 million) Profit Before Tax: US$250.2 million (2019: US$413.6 million) Pre-Tax Profit Margin: 19.2% (2019: 29.1%) Pre-Tax Return on Equity: 8.4% (2019: 12.6%) Net Debt-to-Equity: 2.57x (Year-end 2019: 2.64x) Unsecured Debt as a percentage of Total Debt: 62.6% (Year-end 2019: 61.6%) Available Liquidity: US$2,693.0 million (Year-end 2019: US$2,203.5 million) Share Repurchases: US$350.1 million (2019: US$807.0 million) Bond Repurchases: US$192.1 million (2019: US$86.6 million) Operating Highlights include: Number of new underwriting

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