Historical results for Disty Technologies

Despite economic challenges, Disty Technologies achieved significant revenue growth of 9%
in 2023, which amounts to 540.8 MDH.

This achievement is the direct result of the expansion of its portfolio
products and solutions, a result of the strategic partnerships entered into in 2022. Continued efforts in
commercial activities have made it possible to increase the company’s market share, especially among private companies
government agencies, strengthening its position in the information technology distribution sector
in Morocco.

Operational efficiency and improved profitability
The year 2023 was also marked by a 46% increase in EBITDA, which reached MAD 30.8 million. This improvement in profitability can mainly be explained by the economies of scale achieved in a context of activity growth combined with cost control. The new currency policy, adopted in the 4th quarter of 2022, made it possible to fully control the currency risk and realize a profit of 2.1 million dirhams. The net profit therefore increased significantly by 356% and amounted to 18.8 MDH.

The Board of Directors proposes to pay a dividend of DH 15 per share for the 2023 financial year.

Outlook for the year 2024
For the year 2024, Disty Technologies expects a resumption of growth in the global IT sector, a positive development that is also expected in the Moroccan market. This trend is mainly due to cycles of
replacement of machines purchased four years ago, as well as the increasing integration of artificial intelligence into processors and computing equipment. More specifically in Morocco, this perspective is part of it
in a context characterized by the digital development of business and government, but also by the impulse
given by important national projects. To take advantage of these favorable sectoral dynamics, the company
is committed to continuing to invest in expanding its business capabilities. At the same time, it will remain committed to optimizing inventory levels and better managing the impact of currency fluctuations on its operations.
financial performance and strict control over its costs. These strategic efforts are intended to respond to this
to effectively meet the ever-changing needs of customers and ensure sustainable growth.