SWVL CONTINUES RAPID GEOGRAPHIC EXPANSION AND LAUNCH OF NEW SERVICES ACROSS 115 CITIES IN 18 COUNTRIES

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Jan 31, 2022

Expansion across Europe, Latin America, Asia, and Africa provides significant upside to Swvl's current business plan and financial projections

> 240 institutional clients including Hapag-Lloyd, Alibaba, Santander, Unilever, Bayer, Mondelez, SAP, Nestle, Siemens, Carrefour, and Stellantis

Achieved 5% reduction in cost, 10% fewer vehicles, and 90% customer satisfaction for AXA and 20% increase in on-time accuracy, 95% fleet utilization, and 80% reduction in manual activities for Etisalat

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