Meitav Investments House Ltd · TASE:MTAV
Meitav Investments House — Meitav Investment House — Q2 2025 Earnings Presentation
25 slides from Meitav Investments House's earnings presentation, August 2025
Slide 1: Investor Presentation Q2 2025
Investor Presentation Q2 2025 Meitav: Investment House
Slide 2: Disclaimer
Disclaimer The following presentation was prepared by Meitav Investment House Ltd. (hereinafter: the “Company") and is intended for institutional investors only. This presentation does not comprise an opinion, suggestion, recommendation or purchase consultation / marketing and / or holding and / or
Slide 3: Revenue: Continued Growth Across All Business Segments
Revenue: Continued Growth Across All Business Segments (In NIS Million) + Total group revenue: Approximately NIS 477 million, reflecting 18% increase compared to the same quarter last year. 86 1,112 wee 995 99 928 765 477 405 627 476 302 339 ly 295 eer 153 189 2020 2021 2022 2023 2024 H1 2024 H1 202
Slide 4: AUM: Record Levels
AUM: Record Levels (In NIS Billion) + The Company's AUM has shown remarkable growth, increasing by approximately 147% between December 31, 2020 and June 30, 2025 - As of August 10, 2025, the total AUM amount to approximately NIS 372 billion ea) 361 327 296 269 222 221 90 84 14 7 6 73 2B 67 28 156 13
Slide 5: Selected Financial Data for Q2 2025
Meitav: Selected Financial Data for Q2 2025 Revenues Retail Other 5% 7 477 NIS Million Credit 21% Short- Savings (! 23% Long-Term Savings (LTS) 40% * See details in our 2025 Q2 quarter financial reports 5 Other = Insurance Agencies, Institutional Brokerage, Alternative Investments and other activiti
Slide 6: Adjusted EBITDA
Adjusted EBITDA* (In NIS Million) * Adjusted EBITDA* of NIS 200 million in the current quarter, an increase of approximately 48% compared to the same quarter last year, an annual rate of NIS 800 million 52%) C28) 371 fm 401 392 318 251 135 2020 2021 2022 2023 2024 H12024 H12025 Q22024 Q22025 Meitav:
Slide 7: Increase of 70% in Net Profit attributed to Shareholders
Selected Financial Data: An increase of 70% in the Net Profit attributed to the Shareholders* (NIS Million) “compared to the Net profit excluding provisions for legal claims** Q2 m2024 2025 228 144 same quarter last year **Mainly financing expenses for the cou ruling in a class action H1 2024 m 2025
Slide 8: Competitive Advantages That Prevail in the Long Run
Competitive Advantages That Prevail in the Long Run ONE-STOP SHOP Diverse Business Anchors Strong Management Team For all investment opportunities Risk diversification in the capital Managerial stability over the years markets + Asset management: pensions, The leading investment house offering the r
Slide 9: Pension and Provident Funds; Key Growth Drivers
Pension and Provident Funds Meitav Provident and Pension Fund Ltd. manages assets totaling approximately NIS 180 billion* The largest pension fund among all investment houses Unique investment tracks and leading returns over 3- and 5-year periods Continuous improvement in management fee rate in prov
Slide 10: Meitav: Development and Growth Over the Years
Meitav: Development and Growth Over the Years 1979 Meitav was Established as an Investment Portfolio Management Company The founders: Zvi Stepak and Shlomo Simanovsky 3 employees 10 1980-1989 A Decade of Professional Growth Meitav leads the way in public financial data reporting 1985: Meitav launche
Slide 11: Segment Analysis
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Slide 12: Long-Term Savings (LTS): Significant increase across all metrics
Long-Term Savings (LTS): Significant increase across all metrics Assets Under Management (in NIS Billion) % &160% Ye 2020 2021 2022 2023 2024 =Q22024 Q2 2025 2 Revenues (in NIS Million) L108 108% | 2022 2023 2024 ~H12024 H12025 Q22024 Q2 2025 Meitav: Investment House
Slide 13: LTS: Continuous improvement in management fee rate
Long-Term Savings (LTS): Continuous improvement in management fee rate in Provident and Study Funds and a positive outlook moving forward AUM-Based Fees Rate and YoY Rate Change 0.70% 0.65% 0.65% 0.60% 0.58% 0.55% | 0.54% 0.50% -3.90% -4.82% -5.60% - - 045% 5.71% 5.71% 0.40% “9.44% 0.35% Jun-17 Jun-
Slide 14: Long-Term Savings (LTS): Significant increase across all metrics
Long-Term Savings (LTS): Significant increase across all metrics 14 AUM have increased by approximately NIS 116 billion from the end of 2020 to the end of the current quarter. As of August 10, 2025, the total AUM amounted to approximately NIS 182 billion Net inflows of approximately NIS 2 billion in
Slide 15: Short-Term Savings (STS): Continuous performance improvement
Short-Term Savings (STS): Continuous performance improvement Segment Profit (in NIS million) AUM (in NIS billion) Revenues (in NIS million) (30% 2020 2021 2022 2023 2024 4H1 H1 Q2 Q2 2020 2021 2022 2023 2024 Q2 Q2 2020 2021 2022 2023 2024 H1 H1 Q2 Q2 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025
Slide 16: Credit Segment: Continued Growth Trend in Both Revenue and Profit
Credit Segment: Continued Growth Trend in Both Revenue and Profit Segment Profit (in NIS million) 98 i 108) 96 10 84 59 4 2020 2021 2022 2023 2024 4H1 H1 Q2 Q2 2024 2025 2024 2025 S Revenues (in NIS Million) (96% 245} 162m 88pm 199 152 2020 2021 2022 2023 2024 4H1 H1 Q2 Q2 2024 2025 2024 2025 ra) SM
Slide 17: Credit Segment: The Company's Credit Portfolio continues to expand
Credit Segment: The Company’s Credit Portfolio continues to expand Total Credit Portfolio (24%) (in NIS million) | 3, os 3018 3,098 2,686 2,781 660 714 1,490 1,474 1,613 1,629 1,705 30.6.24 30.9.24 31.12.24 31.3.25 30.6.25 mPeninsula lm Meitav Financing mi Lotus Lotus — Including Emerald Credit Fund
Slide 18: Retail Brokerage Segment: Continued Growth
Retail Brokerage Segment: Continued Growth Segment Profit (in NIS million) tls 40 30 fl 26 a5 Revenues (in NIS Million) Accounts* (in Thousands) 37 (176% (Ox 2025 2020 2021 2022 2023 2024 H1 H1 Q2 Q2 2020 2021 2022 2023 2024 H1 H1 Q2 Q2 2020 = 2021 2022 20232024 a2 2024 2025 2024 2025 2024 2025 2024
Slide 19: Creating Value in Alternative Investment and Fintech
Creating Value in Alternative Investment and Fintech Company = 5 £ g £ It ‘THEJUSTICE GROUP REIVO Lotus Investment Group Property & Construction Finance LIQUIDITY CERTAINTY IS A SCIENCE Company holding 51% Company holding 22.43% Fund holding* 67.5% Company holding 85.84% Fund holding* 85.84% Company
Slide 20: Meitav in the Community
Meitav in the Community: Extensive Engagement Throughout the Year Meitav recently published its second ESG report for the years 2022-2023. Here are three key areas of Meitav’s community involvement: Diversity in Employment at Meitav As part of its social commitment, the group places great importance
Slide 21: Meitav Leading Experts Across the Media
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Slide 22: Financial Statements
22 Financial Statements
Slide 23: Balance Sheet (in NIS Million)
23 Balance Sheet (in Nis Million) As of As of 30.06.2025 31.12.2024 Net Debt to EBITDA* Net Debt Cash and short-term investments 626 529 Other current assets 2,523 2,220 Total current assets 3,149 2,749 Long term investments 1,250 1,127 Fixed assets and intangible assets 1,573 1,522 Deferred taxes 7
Slide 24: Profit and Loss (in NIS Million)
24 Profit and Loss (in nis Million) 2024 2024 Revenue from management fees, commissions and other 739 379 316 1,301 Income from non-bank loans activity 189 98 91 89 318 Total revenue 928 477 451 405 1,619 Income refund in respect of legal claims against the Company - - - - (2) Total revenue 928 477
Slide 25: 2%
25 Meitav: Investment House 2%
Meitav Investment House — Q2 2025 Earnings Presentation on 6ix