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RO HOTELS MANAGEMENT COMPANY INTERNATIONAL SAOG Statement of changes in equity For the year ended 31 December 2019 EXHIBIT-C Share Legal Retained Note capital reserve

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RO HOTELS MANAGEMENT COMPANY INTERNATIONAL SAOG Statement of changes in equity For the year ended 31 December 2019 EXHIBIT-C Share Legal Retained Note capital reserve carnings Total RO RO RO At 1 January 2018 3,000,000 1,000,000 9,875,893 13.875,893 Net profit and total comprehensive income for the year - Exhibit - A 2,687,611 2.687,611 Dividend paid (3,000,000) (3,000,000) At 31 December 2018- Exhibit - B 3,000,000 1,000,000 9,563,504 13,563,504 Net profit and total comprehensive income for the year - Exhibit - A 1,716,361 1,716,361 Dividend paid (3,750,000) (3,750,000) A1 31 December 2019 - Exhibit - B 3,000,000 1,000,000 7,529,865 11.529,865 THE ACCOMPANYING NOTES 1 TO 28 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS RO HOTELS MANAGEMENT COMPANY INTERNATIONAL SAOG Statement of changes in equity For the year ended 31 December 2019 EXHIBIT-C Share Legal Retained Note capital reserve carnings Total RO RO RO At 1 January 2018 3,000,000 1,000,000 9,875,893 13.875,893 Net profit and total comprehensive income for the year - Exhibit - A 2,687,611 2.687,611 Dividend paid (3,000,000) (3,000,000) At 31 December 2018- Exhibit - B 3,000,000 1,000,000 9,563,504 13,563,504 Net profit and total comprehensive income for the year - Exhibit - A 1,716,361 1,716,361 Dividend paid (3,750,000) (3,750,000) A1 31 December 2019 - Exhibit - B 3,000,000 1,000,000 7,529,865 11.529,865 THE ACCOMPANYING NOTES 1 TO 28 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS

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