Agility Public Warehousing Co. K.s.c. · KSE:MKHZN
Agility Public Warehousing Co. K.s.c — Agility Global — Q3 2025 Earnings Presentation
21 slides from Agility Public Warehousing Co. K.s.c's earnings presentation, November 2025
Slide 1: Agility Global Q3 2025 Presentation
Agility Global Q3 2025 Presentation November 2025
Slide 2: Agenda
Agenda 1. Key Financial Highlights 2. Q3 Results 3. Owned & Operated Businesses 4. Investments 5. Q&A 2
Slide 3: Key Financial Highlights
Key Financial Highlights 3
Slide 4: 9M Agility Global Update
9M Agility Global Update Latest Update Controlled Segment ▪ DSV, integration on its way; the share buyback program may restart earlier than anticipated. Q3 2025 9M 2025 Investment ▪ Foreign Exchange (FX): Euro 1.45B hedged; from our long Euro Exposure Pillar (Mainly DSV) USD 1.3 B USD 3.7 B ▪ Reem M
Slide 5: Q3 & 9M Results
Q3 & 9M Results 5
Slide 6: Executive Summary by Key Segments
Executive Summary by Key Segments EBIT Performance Investment Pillar Million USD Sep ‘25 Jun ‘25 % Dec ‘24 % Remarks Million USD Q3 ‘25 Q3 ‘24 % 9M ‘25 9M ‘24 % DSV Investment 3,827 4,616 -17% 4,126 -7% 19.3 Mn shares Menzies 69 60 15% 166 145 14% Equity Collar 176 8 1983% (136) -229% 12 Mn shares T
Slide 7: Key Operating Segments Performance – QTD
Key Operating Segments Performance – QTD 3Q 2025 delivered continued growth, driven by Menzies’ expansion into Europe and operating performance of ALP. Summary by business Menzies Tristar ALP Others Investments Relative Contribution +14% -9% 0% 12% 800 +8% 172 1% 704 337 338 156 14 13 REVENUE 26% 61
Slide 8: Key Operating Segments Performance – YTD
Key Operating Segments Performance – YTD 9M 2025 continues with healthy growth. All business delivered good results Summary by business Menzies Tristar ALP Others Investments Relative Contribution +12% -7% +16% 12% 2,140 +10% 479 1,913 1,024 445 1% 42 883 39 REVENUE 28% 59% $ 3.6 B +10% 9M-24 9M-25
Slide 9: Balance Sheet (in $M)
Balance Sheet (in $M) Healthy balance sheet and assets grew 4% for the period Balance sheet Sep ‘25 Dec ‘24 % Assets Assets Equity & Liabilities Current assets 2,532 2,040 24% 21% 17% Current Assets Current Liabilities Financials assets at FV through OCI 3,915 4,199 -7% 43% Investments Non-Current a
Slide 10: Net debt (in $M)
Net debt (in $M) in USD million Sep 2025 Dec 2024 Change Key Debt components $ (millions) Sep-25 Dec-24 Change 1 Funded collar on DSV Shares 1,886 2,367 (481) Interest-bearing loans 4,624 3,414 1,210 Debt in Corporate 1,208 291 917 Lease liability (current & non- 746 789 (43) current) G2 Acquisition
Slide 11: Cash Flow Statement (in $M)
Cash Flow Statement (in $M) Continued investment in operating business Capex and investments ($ M) Cash Flow Statement 9M-25 9M-24 % 407 268 0% (0) Operating profits before changes in 479 457 5% working capital 35% (95) Changes in working capital (112) (32) 247% 47% G2 (192) Other Items (48) (32) 51
Slide 12: Owned & Operated Businesses
Owned & Operated Businesses Menzies Tristar Logistics Parks 12
Slide 13: Menzies Revenue
Menzies Growth in new operations fully reflected in the 9-month results with Europe and Ground Handling driving performance. Summary $M Revenue by Region $M Product Details +227 1,913 2,140 (+12%) 1,913 2,140 KPIs (000) 9M 24 9M 25 % Revenue GH Turns 1,106 1,168 +5.6% 33% 29% Cargo Tons 1,798 1,683
Slide 14: Menzies - G2 Acquisition
Menzies - G2 Acquisition Strengthen Menzies’ position as the world’s largest aviation service provider • G2 is a U.S-based aviation service partner of choice for major airlines across the United States. • Established in 2005, G2 focuses on providing passenger assistance, cabin cleaning and ground an
Slide 15: Menzies acquisition updates guidance
Menzies acquisition updates guidance Menzies grows to +350 airports and +65,000 employees, with increased operations in the Americas. The below forecast includes full year impact of G2 and the loss of NAS Kuwait contract FY2025 FY2025EE FY2026 FY2026 F F FY 2027 F Revenue / Rev $3 B - $3.1 B +13% -
Slide 16: Tristar Revenue
Tristar Revenue growth is driven by Fuels and Fuels Farms while Maritime business continues to face some headwinds Summary $M Revenue by Product $M +141 883 1,024 (+16%) 1,024 Revenue 883 38% 47% 9M-24 9M-25 -2 (-1%) 187 184 EBITDA 35% 32% 9M-24 9M-25 -23 18% (-21%) 13% 111 88 EBIT 9% 8% 9M-24 9M-25
Slide 17: Agility Logistics Parks Revenue
Agility Logistics Parks Growth was broad-based across all markets, with Saudi Arabia contributing more than 50% of the increase. Summary $M ALP Development +4 (+10%) 39 42 226K SQM Revenue +25% 114 1,131 84 28 0 905 9M-24 9M-25 +2 (+8%) 31 28 EBITDA 9M-24 9M-25 +2 (+8%) 28 30 Dec-24 Q1 2025 Q2 2025
Slide 18: Investments
Investments © Dsv © Reem Mall —_—
Slide 19: DSV
DSV No. 1 global leader in freight forwarding, supply chain solutions and road transportation Agility Global Stake DSV Market Share 19.3 Million shares 7-8% Global market share 8.2% Stake – Top 2 shareholders 30%- 40% Market share of top 20 freight forwarders $ 52 B DSV’s Total Market Cap Outlook FY
Slide 20: Reem Mall
Reem Mall Focus on improving footfall and leasable GLA Key figures Project Profile (not consolidated in Agility) Key performance 9M-2025 Reem Mall Features Aggregated app +1.1 Enabling consumers to shop (+25%) and experience the mall Ownership 5.5 digitally, as well as in-person 4.4 E-commerce & las
Slide 21: Thank you!
Thank you! Agility Os