Slide 1: Summary of results for 2023
Summary of results for 2023 March 22, 2024 OGOLNOPOLSKI DEWELOPER www.atal.pl
Slide 2: Agenda
Agenda + | OPERATING ACTIVITIES Noupwn> AWNo Investments in progress and in the pipeline Sales of flats Offer Handovers New lands Dividend Projects under construction - potential of handovers CONSOLIDATED FINANCIAL RESULTS Profit and loss account Ballance sheet Structured of debt maturity Business f
Slide 3: Operating activities
Ua, TE oe i Operating activities man | ir wm ny
Slide 4: Investments in progress and in the pipeline
Operating activities Investments in progress and in the pipeline *TSA- total saleablearea Poznan | Wroctaw Aglomeracja Slaska Krakow todz Warszawa Trdjmiasto SUMMARY PROJECTS In progres Planned In progres Planned In progres Planned In progres Planned In progres Planned In progres Planned In progres
Slide 5: Sales of flats
Operating activities Sales of flats 2017 742 533 12020 22020 2414 2018 797 824 4Q 2020 3a 2020 Annual number of flats sold 2017-2023 4258 | 3180 2896. 2019 2020 2021 Number of flats sold as divided by quarters 1216 1161 | | 1039 842 748 582 376 2Q2021 32021 4Q2021 102022 22022 3@2022 2091 2022 385 4
Slide 6: Number of flats sold compared to competitors in 2023
Operating activities Sales of flats Number of flats sold compared to competitors in 2023 3906 2889 2 i 2 r 2674 2020 | 1835, 1006 Dom Murapol ATAL Robyg Develia Victoria Dom Echo Investment Ronson Development /Archicom Development 863 | 706 Inpro Lokum Deweloper
Slide 7: Offer
Operating activities Offer 4053 24n 2017 2018 Number of flats offered in years 2017-2023 4442 2019 4639 4083 3104 | 2020 2021 2022 4519 2023
Slide 8: Handovers volume in 2023
Operating activities Handovers volume in 2023 Number of handed over flats by city Lode 221 — Krakow 206 Warszawa 202 Trdjmiasto 552 —_ Poznan 402 - ~— Wroctaw795 Aglomeracja Slaska 428 Handovers volume in 2023 city APARTMENTS / SERVICE PREMISES Krakow 206 Warszawa 202 Wroctaw 795 Aglomeracja Slaska
Slide 9: Handovers volume in Q4 2023
Operating activities Handovers volume in Q4 2023 Number of handed over flats by city Krakow 24 todz 119 ———— > Trdjmiasto 310 ~~ — Wroctaw 299 Poznan 159 Aglomeracja Slaska _/ 233 Handovers volume in Q4 2023 city APARTMENTS / SERVICE PREMISES Krakow 24 Warszawa 56 Wroctaw 299 Aglomeracja Slaska 233
Slide 10: Handovers volume in 2023 by year
10 Operating activities Handovers volume in 2023 Number of handed over flats in years 2017 - 2023 3700 Dy 3 woo 2678 2806 2308 : 1769 2017 2018 2019 2020 2021 2022 2023 3002
Slide 11: Handovers volume - TSA
Operating activities Handovers volume in 2023 Handovers volume - TSA thou. m2 YEAR TSA THOU. M2 ——" 2017 135,1 ne 2018 157.4 me 2019 98,4 2020 164,7 2021 213.5 2022 1969 2023 159,0 2022 2023
Slide 12: New lands
Operating activities 12 New lands Funds allocated to land purchase in years 2017 - 2023 373 min PLN 402 tys. PUM 232 min PLN 319 tys. PUM 197 mln PLN 203 mtn PLN | 285 tys. PUM 194 min PLN 141 tys. PUM | 227 tys. PUM 89 mln PLN 164 tys. PUM 51min PLN 86 tys. PUM 2017 2018 2019 2021 2022 2023 Land ac
Slide 13: Dividend
Operating activities 13 Dividend Dividend paid for 2015 - 2022 181 137 117 65 24 2015 2016 2017 2018 2019 2020 232 194 2021 2022 Planned dividend for 2023 Dividend rate: 10,7 % (on 31122023) Nominal amount of the dividend: PLN 259.3 million, wchich represents 76% of net result ATAL S.A. The total am
Slide 14: Projects under construction - handovers 2023
Francuska Park VI Katowice 10 046 182 180 II kw. 2023 Zakątek Dąbie Kraków 6 017 121 121 II kw. 2023 Bursztynowa Zatoka I Gdańsk 8 094 152 152 II kw. 2023 ATAL City Square II Wrocław 6 620 117 108 II kw. 2023 Osiedle Poematu Warszawa 10 011 164 162 II kw. 2023 Zacisze Marcelin Ia Poznań 10 677 212 2
Slide 15: Projects under construction - handovers 2024
Nowy Targówek V Warszawa 4 477 73 73 I kw. 2024 Strefa Cegielnia Kraków 7 482 144 134 I kw. 2024 ATAL City Square III Wrocław 15 534 256 179 II kw. 2024 Apartamenty Ostródzka II Warszawa 3 863 70 68 II kw. 2024 Nowe Miasto Polesie IIIb Łódź 11 569 204 138 II kw. 2024 Żródlana 31 Residence Łódź 7 783
Slide 16: Projects under construction - handovers 2025
ATAL City Square IV Wrocław 15 403 326 210 I kw. 2025 Nowe Miasto Polesie IV a Łódź 12 051 211 55 II kw. 2025 Ogrody Andersa Katowice 6 175 114 32 II kw. 2025 Aleja Pokoju V aparthotel Kraków 6 139 148 0 III kw. 2025 Naramowice Odnova Poznań 32 315 512 45 III kw. 2025 Osiedle Poematu II Warszawa 7 9
Slide 17: Projects under construction summary
15 126 111 2 315 5 75 487 1 349 6 55 177 1 008 8 176 332 3 147 5 107 745 1 937 8 128 951 2 334 8 133 921 2 384 55* 803 724 14 474
Slide 18: Consolidated financial results
Consolidated financial results
Slide 19: Profit and loss account
Consolidated financial results 19 Consolidated financial results Profit and loss account PLN THOU. Revenuesfrom sale of products, goodsand materials Costs of products, goods and materials sold Grossresult of sale Costs of sale Costs of general management Remaining operational revenues Remaining oper
Slide 20: Net revenues and net result
20 Consolidated financial results Consolidated financial results Net revenues from sales in PLN million Net result in PLN million | 331 1167 1055 207 167 16 2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023 Gross margin on sales Net margin 27,0% 20,3% 22.2% 22,8% 19,6% 19,7% | f 16,1% 143%
Slide 21: Margins by quarters
21 Consolidated financial results Consolidated financial results Gross margin on sales by quarters 39,1% 36.2% 32,7% 33,3%. 271% 29,6% | 2ae% 2% | baked 23.8% 284% 19,9% 192021 2Q 2021 3Q 2021 4Q 2021 192022 2Q 2022 3Q 2022 4Q 2022 192023 2Q 2023 3Q 2023 4Q 2023 Net margin by quarters 28,7% 28,6% 26
Slide 22: Balance sheet
Consolidated financial results 22 Consolidated financial results Balance sheet PLN THOU. Assetsin total Fixed assets Current assets Liabilities and capitalin total Equity Liabilities in total Longtermiabilities Shortterm liabilities PLN THOU. Net Debt Ratio for the Group” 31.12.2023 3539701 188 335
Slide 23: Main items of the financial results
Consolidated financial results Main items of the financial results in PLN million 2080 1487 2018 2019 192 1 151 2018 2019 Inventory 2328 2324 2020 2021 Cash 495 242 2020 2021 2495 398 2022 2668 2023 2023 857 2018 1015 2018 789 2019 1621 2019 Equity 1166 952 2020 2021 Liabilities 1841 i“ 2020 2021 13
Slide 24: Inventory breakdown
24 Consolidated financial results Consolidated financial results in PLN million Inventory Work in progress Finished products 2668 2495 2389 2250 278 2022 2023 2022 2023 2022 2023
Slide 25: Structure of debt maturity
Consolidated financial results 25 Structure of debt maturity as at 31.12.2023 2024 [Bl Bonds Loans granted by the shereholder Bonds acquired by the shareholder + After 31.12.2023 bonds in the total amount of PLN 93 milion were redeemed 733 300 93 2025
Slide 26: Business financing sources
Consolidated financial results 26 Business financing sources in PLN million Prepayments from customers ——— Equity 1699 Bonds acquired by the shareholder 93 Corporate bonds 410 Loans granted by the shereholder BUSINESS FINANCING SOURCES AS AT 31.12.2023 Equity Loans granted by the shereholder Corpora
Slide 27: Our achievements
27 Consolidated financial results Our achievements Start of construction works for 16 projects (2,165 flats) Sales lauched for 16 investments (2,765 flats) Construction works finalised for 16 investments (2,968 flats) Sale in 2023: 2,833 flats Handovers volume in 2023: 2,806 flats 30 investments (6,
Slide 28: Appendix
Appendix
Slide 29: Appendix
Appendix ATAL S.A. is one of Poland's leading developers. It specializes in housing estates, single multi-family houses located in Poland's largest cities. It is since June 2015 that the shares of ATAL S.A. have been officially listed on the Warsaw Stock Exchange. ATAL’s founder and leading sharehol
Slide 30: ATAL S.A. capital group
ATAL S.A. Apartamenty ATAL Construction Sp. z o.o. 100% 100% Ostródzka Sp. z o.o. komandytariusz komplementariusz jednostka stowarzyszona Atal Construction Sp. z o.o. Sp. K. 100% ATAL Development GmbH Niemcy 49%
Slide 31: Management Board
Appendix 31 Management Board Zbigniew Juroszek President of ATALS.A. ATALS.A's founder and main shareholder Responsible for determining the development direction and the implementation of the given strategy in the entire ATAL S.A. Group 30 years of professional experience, 20 years of professional e
Slide 32: Investments introduction to sale
Naramowice Odnova Poznań 512 I kw. 2023 Ogrody Andersa Katowice 114 I kw. 2023 ATAL Starachowicka Wrocław 105 I kw. 2023 ATAL Sky+ II - bud. A Katowice 358 III kw. 2023 ATAL Sky+ II - bud. B Katowice 151 III kw. 2023 Strefa Cegielnia II Kraków 134 III kw. 2023 ATAL Aura II Łódź 205 IV kw. 2023 Osied
Slide 33: Projects completed
Zakątek Dąbie Kraków 121 I kw. 2023 Osiedle Poematu Warszawa 164 I kw. 2023 Bursztynowa Zatoka Gdańsk 152 I kw. 2023 Francuska Park VI Katowice 182 I kw. 2023 Przystań Jasień Gdańsk 154 II kw. 2023 Nowe Miasto Polesie IIIa Łódź 180 II kw. 2023 Nowe Miasto Jagodno V Wrocław 199 II kw. 2023 Zacisze Ma
Slide 34: ATAL S.A.
ATALS.A. ul. Stawowa 27 43-400 Cieszyn tel.: (+48) 33 857 59 12 fax: (+48) 33 857 59 02 ri@atal.pl OGOLNOPOLSKI DEWELOPER