Savola Group · TADAWUL:2050
Savola — Merger or Acquisition (February 2024)
10 slides from Savola's merger presentation, February 2024
Slide 1: Rights Issue and Distribution Transaction Overview
Rights Issue and Distribution Transaction Overview www.savola.com February 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared solely for use as an investor presentation for the Savola Group Company ("Savola"). By attending or by reading this presentation, you agree to be bound by the following limitations. The information contained in this presentation is for background purpos
Slide 3: The Transaction Summary
The Transaction Summary 01 02 03 04 SAR 6.0bn Rights Issue Utilize Rights Issue Share Capital Reduction Distribution of Savola’s proceeds to pay down to facilitate the entire 34.52% Debt and to strengthen Distribution-in-kind of shareholding in Almarai Savola’s financial Almarai shares to eligible S
Slide 4: Why? – A Compelling Rationale Behind Proposed Transaction
Why? – A Compelling Rationale Behind Proposed Transaction Unlocking Value Unlock value for Savola’s shareholders - Almarai distribution and rights issue is for Savola shareholders to gain direct exposure to growth potential of both companies Strengthen Financial Position Leverage proceeds from right
Slide 5: Why? – Trapped Equity Value With Potential to Unlock for Our Shareholders
Why? – Trapped Equity Value With Potential to Unlock for Our Shareholders Historically, the market capitalization of Savola has closely tracked the market value of Savola’s stake in Almarai Market capitalization of Savola vs. Market value of Savola’s stake in Almarai (last 5 years) Average (SARbn) 5
Slide 6: How? – The Transaction Has Four Interlinked Components
How? – The Transaction Has Four Interlinked Components • Savola will distribute its entire 34.52% shareholding in Almarai to eligible shareholders, aiming to unlock value for Savola’s shareholders • Distribution will be preceded by a SAR 6.0 billion rights issue, strengthening Savola’s financial pos
Slide 7: How? – Proceeds From The Rights Issue Will Enable The Full Distribution of Almarai
How? – Proceeds From The Rights Issue Will Enable The Full Distribution of Almarai The example below is not made at scale. This is subject to the CMA, EGM and any other regulatory approvals and is subject to change. Impact on Savola’s Shareholders’ Equity Pre Transaction Proceeds from Rights Issue D
Slide 8: The Proposed Transaction Is Intended To Unlock The Value For Savola's Shareholders
The Proposed Transaction Is Intended To Unlock The Value For Savola’s Shareholders Almarai distribution and the preceding rights issue is an opportunity for Savola’s shareholders to gain direct exposure to growth potential of both the companies Pre transaction: Savola shareholder has direct stake in
Slide 9: Savola Group Holdings – Leading Food and Retail Businesses
Savola Group Holdings – Leading Food and Retail Businesses Post transaction, Savola will continue to own and operate leading food and retail businesses in the MENAT region FY 23 Financial Company Vertical Description Strategic Direction Ownership Performance ▪ MENAT region’s largest basic food ▪ Rev
Slide 10: Thank you
JQGoLA SAVOLA Thank you www.savola.com