Slide 1: Investor Presentation Q2'26 Results
Investor Presentation Q2’26 Results 6 August 2026
Slide 2: Agenda
Agenda Strategic Update Key Financials Dividends Segment Performance Q&A
Slide 3: Disclaimer
Disclaimer Agthia Group PJSC and its management may make 7. expected financial results ; 8. sensitivity to 4. various events which could disrupt operations, certain statements that constitute “forward - looking changes in product prices ; 9 . sensitivity to key input including natural events and ong
Slide 4: Business Continuity Update
Business Continuity Update Continuity Flexibility Preparedness Focus on maintaining Diversified footprint and Contingency planning and customer service and supply sourcing support operational active monitoring across reliability agility logistics and commodities 4
Slide 5: Strategic Vision to Become a Regional F&B Leader
Strategic Vision to Become a Regional F&B Leader From… To… UAE centric Footprint MENA+ & beyond Becoming a Commoditized portfolio Value - add F&B brands Regional F&B Leader by 2025 Stable financial performance Strong shareholder returns Consumer - centric & performance - Local organization mindset d
Slide 6: H1'26: Progress on Strategic Vision
H1’26: Progress on Strategic Vision Delivering Growth Driving Efficiency Expanding Capabilities • Reported revenue up 7.4% YoY ; driven • Leveraging our Egyptian platform : • Accelerating our digital roadmap : by a strong performance in Water & Strengthening our export - focused • Launched Group - w
Slide 7: H1'26: Nearly AED 110M in Revenue from Strategic Product Innovation
H1’26: Nearly AED 110M in Revenue Generated from Strategic Product Innovation Snacking Water & Food Protein & Frozen Veg Abu Auf : Expansion in convenience and FUELL : Launch of UAE’s Jordan : New launches included burger formats, indulgence range through single serve Turkish First Energy Drink appe
Slide 8: Q2'26 Key Financials
Q2°26 Key Financials Mm GQACi agthi Qy S ForTheBetter + JAbiI Joi yo
Slide 9: Q2'26: Group Headlines
Q2’26: Group Headlines Group Revenue, AED M Group Gross Profit, AED M ▪ Reported Revenue grew 11.9 % YoY to ▪ Gross Profit increased 26 .4% YoY +11.9% AED 1.28 B in Q2’26 , driven by a strong +26.4 % performance in Agri - Business and ▪ Gross Profit Margin expanded by Protein & Frozen Segments and f
Slide 10: Q2'26: Group Headlines
Q2’26: Group Headlines Group EBITDA, AED M Group Net Profit, AED M ▪ Group Reported EBITDA + 172.5% YoY +172.5% to AED 117.2M, ▪ Group Reported Net Profit reached ▪ Group Reported EBITDA margin +AED 62M AED 24 .5M vs . Reported Net Loss of + 542 bps to 9 .2% AED 37M in Q2’25, with a Net Profit Margi
Slide 11: Net Working Capital: Discipline Delivering Improvement
Net Working Capital: Discipline Delivering Improvement NWC and NWC as % of Sales 1 Cash Conversion Cycle Key Highlights AED M CCC days -27 • Working capital as a % of sales edged 13.7% 1.4% down to 1.4% , mainly driven by an increase -591 in trade and other payables and lower 56 inventories 29 663 7
Slide 12: Free Cash Flow Analysis
Free Cash Flow Analysis Free Cash Flow Bridge, AED M Key Highlights 413 9 521 FCF improved by AED 660 M YoY, reaching AED 521M in H1’26 . The improvement was primarily driven by : -7 • No repeat of the negative impact from lower SCF utilization, which significantly pressured FCF in the prior - year
Slide 13: Leverage Improved through Stronger Earnings and Disciplined Cash Management
Leverage Improved through Stronger Earnings Delivery and Disciplined Cash Management 1 Net Debt / EBITDA Interest Coverage 2 1.8 x 7.7x Borrowing Capacity Avg Dividend Yield 3 1.2B 5.8 % 13 1 Net debt as on 30 June 2026 divided by LTM EBITDA. 2 LTM EBITDA divided by net interest for LTM . 3 Total LT
Slide 14: BoD Recommends 14.4% Increase in Interim Dividends for H1 2026
BoD Recommends 14.4% Increase in Interim Dividends for H1 2026 Dividend 32% 35% 44% 43% 66% 85% 1 58% 53% 56% 60% 215% 211% 88% payout % 0.2210 0.2103 14.4% 0.185 0.165 0.165 0.165 0.150 0.150 0.150 0.150 Dividends 0.125 per share 0.1179 (AED) 0.1031 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Slide 15: Segmental Performance
QA ® agthia ForTheBetter + JAbiI Joi yo Segmental Performance
Slide 16: Diversified Growing Portfolio in Large Scalable Markets
Diversified Growing Portfolio in Large Scalable Markets Diversified Revenue by Segments... …and Geographies 5% 27% 24% 27% 55% 23% 26% 13% Snacking Water & Food UAE Other Arab Countries Protein & Frozen Agri - Business GCC excl. UAE RoW 16 *Based on H1’26 sales, excluding one - off activity in Agri
Slide 17: Water & Food: Strong Growth Driven by HOS and Food Security Sales
Water & Food: Strong Growth Driven by HOS and Food Security Sales Revenue, AED M EBITDA, AED M Q2’26 Highlights EBITDA Margin Revenue +38.9% 5.7% 15.5% • Revenue + 38 .9 % YoY , driven by AED 142.3M of one - off food security sales ; excluding these, +280.1% segment revenue declined 6 .0 % . • UAE W
Slide 18: Water & Food: Strong Performance Driven by Brand and Channels
Water & Food: Strong Performance Driven by Brand and Channels UAE Leading with Strong Performance Winning Across Channels Impactful Consumer Engagement Al Ain bottled water retaining its Retail : WATER : Market share gain, sales growth & brand equity strengthening driven by market leadership positio
Slide 19: Agri-Business: Resilient Performance While Navigating External Headwinds
Agri -Business: Resilient Performance While Navigating External Headwinds Revenue, AED M EBITDA, AED M Q2’26 Highlights EBITDA Margin Revenue 17.6% 16.3% • Segment revenue + 11.0 % YoY +11.0% • Feed sales + 23 .3% YoY, driven by strong +2.4 % Feed Open Market activity • Flour sales -3.1% YoY , due t
Slide 20: Agri-Business: Sustainable Growth through Innovation, Engagement and Digital Adoption
Agri -Business: Sustainable Growth through Innovation, Engagement and Digital Adoption Export Market Development: • Strengthened our position in Qatar through strong customer relationship management and tailored product offerings • Continued to enhance portfolio for sustainable growth in the export
Slide 21: Snacking: Improving Margin as Transformation Underway
Snacking: Improving Margin as Transformation Underway Revenue, AED M EBITDA, AED M Q2’26 Highlights EBITDA Margin - 16.1% - 7.9% Revenue • Revenue declined 25 .9 % YoY , as strong Abu -25.9 % Auf growth (+ 23 .7% ) was offset by weakness in Al Foah and BMB during their ongoing business reset and the
Slide 22: Snacking: Strengthening Brands, Expanding Reach
Snacking: Strengthening Brands, Expanding Reach Abu Auf: Momentum Building BMB: Reset in Motion Al Foah: Recovery Underway Coffee Campaign with Celebrity 360 Activation In UAE New Products Launched • Campaign ran across media platforms with strong presence on ground: billboards, street Entered Spinn
Slide 23: Protein & Frozen: Revenue Growth Sustained as Reset Progress
Protein & Frozen: Revenue Growth Sustained as Reset Progress Revenue, AED M EBITDA, AED M Q2’26 Highlights EBITDA Margin Revenue 9.3% 5.7% • Revenue grew 22 .0 % YoY in Q2 2026 , driven by continued progress in transformation initiatives 22.0 % -25.0 % and broad - based growth across the portfolio .
Slide 24: Driving Growth Through Strong Brands & Commercial Excellence
Driving Growth Through Strong Brands & Commercial Excellence EGYPT: Winning the Market Through Growth, Share Gains & Superior Execution INTRODUCING NATIONWIDE PROMO 2026 WORLD CUP • Strong H1 2026 performance, with ECONOMICAL PACK EVERYONE IS A WINNER Atyab outperforming the market • Value share in
Slide 25: A Forward-Looking Company
A Forward -Looking Company Market leading position Growing portfolio of consumer - Growth - oriented mindset focused on across key categories and centric brands in large, scalable leveraging synergies, innovation and geographies markets digitization Attractive economics with clear Financial strength
Slide 26: Q&A
Q&A
Slide 27: Appendix
QA ® agthia ForTheBetter + JAsi Jol yo Appendix
Slide 28: Egypt: Resilient Growth Supported by Exports and Auf Retail Expansion
Egypt: Resilient Growth Supported by Exports and Auf Retail Expansion Resilient topline, margin held back by input cost pressure “Export Hub” Strategy Revenue , AED M EBITDA , AED M & EBITDA Margin (%) +14.7% 16.4% 21.1% AED 52.2 M Exports from Egypt in H1’26 -15.2% 526 459 • +5.7% AED revenue growt
Slide 29: Market Leading Brands in Key Categories and Geographies
Market Leading Brands in Key Categories and Geographies Category (Geography) Rank Value Share % YTD’26 vs. YTD’25 FY’25 vs. FY’24 Flour B2B (UAE) 1 47.0% +0.0pts +0.0pts Animal Feed B2B (UAE) 1 44.7% +0.5pts +2.2pts Bottled Water (UAE) 1 32.1% +2.0pts +1.9pts Atyab FPP (Egypt) 1 24.9% -1.9pts -3.5pt
Slide 30: Investing in Growth: Protein Expansion in KSA
Investing in Growth: Protein Expansion in KSA Project Overview ▪ Location: Jeddah, KSA ▪ Available land 9,436 sqm; Built - up area 6,600 sqm ▪ Capex c. AED 110 ▪ Current capacity ≈ 9,500 tons/annum Rationale ▪ Strengthen footprint in KSA ▪ Strong local demand; leverage strong QSR relationships ▪ Dri
Slide 31: H1'26: Agthia Sustainability Strategy Pillars Highlights
H1’26: Agthia Sustainability Strategy Pillars Highlights Environmental Scaling Health & Fostering Positive Shared Integrity Wellness Potential Accountability 20.2% 4% 0.34 Audits Reduction in Electricity Ratio YoY Food waste reduction at Al Faysal Serious Injuries & Fatalities rate as of Completed 4
Slide 32: Board of Directors
Board of Directors Khalifa Sultan Al Suwaidi H.E. Dhafer Al Qasimi C Chaiman Vice Chairman • Managing Partner, Lunate • Group CEO, Silal • Vice Chairman, AD Ports, Vice • Chairman, SAFCO | Chairman, Al Chairman, TAQA Bakrawe Group | Board Member, National Agriculture Center Salmeen Al Ameri Svet Var
Slide 33: Strong Leadership Team with Track Record of Value Creation
Strong Leadership Team with Track Record of Value Creation 12 senior executives Avg. 26 years of experience Blue -chip FMCG leadership and MENA operating expertise Group Functions Salmeen Al Ameri Jeroen Nijs Ramy Merdan Edward Norder Managing Director & Chief Financial Officer Chief Operating Offic
Slide 34: Summary Profit & Loss Statement
Summary Profit & Loss Statement AED'000 H1’26 H1’25 YoY Revenue 2,602,285 2,424,010 7.4% Cost of sales - 1,804,910 - 1,763,007 2.4% Gross profit 797,375 661,003 20.6% Selling and distribution expenses - 375,639 - 305,357 - 23.0% General and administrative expenses - 234,827 - 247,950 5.3% Research a
Slide 35: Summary Balance Sheet Statement
Summary Balance Sheet Statement AED'000 H1’26 FY’25 FY'24 FY’23 FY’22 Property, plant and equipment 1,388,576 1,437,052 1,428,985 1,460,821 1,446,027 Intangible assets & Goodwill 2,481,887 2,489,238 2,394,815 2,408,106 2,421,885 Others 174,238 154,755 147,918 128,038 104,521 Total non -current asset
Slide 36: Summary Cash Flow Statement
Summary Cash Flow Statement AED'000 H1’26 H1’25 YoY Profit for the period before income tax and zakat expanses 149,868 68,518 118.7% Adjustments for: Depreciation & Amortization 120,043 111,152 8.0% Provisions & Allowances 17,770 65,308 - 72.8% Others 63,317 46,195 37.1% Change in: Inventories 200,0
Slide 37: Q2'26 Results Reconciliation
Q2’26 Results Reconciliation AED MN Q2 2026 Q2 2025 H1 2026 H1 2025 Reported Revenue 1,275.5 1,140.2 2,602.3 2,424.0 Water & Food one - off 142.3 0 142.3 0 Agri - Business one - off 0 0 51.4 0 Snacking one - off 0 0 0 0 Underlying Revenue 1,133.2 1,140.2 2,408.6 2,424.0 Reported EBITDA 117.2 43.0 31
Slide 38: Thank You
AM QIACI S2) agthia ForTheBetter + JAbiI| Joi yo