Unlu Yatirim Holding A.s. · BIST:UNLU

Unlu Yatirim Holding A.s — ÜNLÜ Yatırım Holding A.Ş. — H1 2025 Earnings Presentation

26 slides from Unlu Yatirim Holding A.s's earnings presentation, Aug 14, 2025

  1. Slide 1: ÜNLÜ Yatırım Holding A.Ş. 1H25 Financial Results

    ÜNLÜ Yatırım Holding A.Ş. 1H25 Financial Results Investor Relations Aug 2025 © 2025 ÜNLÜ & Co | All Rights Reserved

  2. Slide 2: Disclaimer on IAS 29

    Disclaimer on IAS 29 With its decision dated 28.12.2023 numbered 81/1820, Capital Markets Board (“CMB”) of Türkiye announced that the issuers and capital market institutions which are subject to the financial reporting regulations of the Capital Markets Board shall prepare their annual financial sta

  3. Slide 3: Agenda

    Agenda Page 2025 H1 Financial Results: Key Takeaways 4 I. Financial Statements and Performance 5 II. Developments by Business Lines 13 III. Sustainability 18 IV. Appendices 22 About ÜNLÜ & Co 23 Shareholder Structure and Group Companies 24 Disclaimer 25 © 2025 ÜNLÜ & Co | All Rights Reserved 3

  4. Slide 4: 1H25 Results: Key Takeaways

    1H25 Results: Key Takeaways Profit before Financial Important Themes in Q2 TL 1,206 mn Revenues (*) Income A challenging environment impacted April and May -26% y/y 2Q25: TL 200.1 mn (+356% q/q) with very significant negative impact from macroeconomic and geopolitical developments. 1Q25: TL 56.3 mn

  5. Slide 5: I. Financial Statements and Performance

    I. Financial Statements and Performance © 2025 ÜNLÜ & Co | All Rights Reserved

  6. Slide 6: ÜNLÜ Yatırım Holding A.Ş. as of end of 1H25

    ÜNLÜ Yatırım Holding A.Ş. as of end of 1H25 ₺ 1,021 mn ₺ 135,7 mn 92% Core Revenues Profit Before Share of Recurring Revenues Monetary Loss and Tax ₺ 4,557 mn ₺ 2,551 bn 24% Total Assets Shareholders’ Equity EBITDA Margin ₺ 29,5 bn ₺ 13,4 bn ₺ 127,6 mn ₺ 6 bn DAHA AuC (*) Portfolio Alternative NPL P

  7. Slide 7: Q2 vs Q1 in 2025

    Q2 vs Q1 in 2025 * (*): All amounts in TL mn © 2025 ÜNLÜ & Co | All Rights Reserved 7

  8. Slide 8: Financial Statements and Performance

    Financial Statements and Performance In 1H25, the Company’s Core Revenues (*) decreased by 33% y/y and reached TL 1,020.6 mn. Profit Before Financial Income was TL 256.4 mn. Summary Income Statement (TL) 6M25 6M24 D YoY Core operating revenues 1,020.6 1,519.2 -33% ? IAS 29 Impact Marketing, selling

  9. Slide 9: Financial Statements and Performance

    Financial Statements and Performance As of end of 1H25; Total Revenues (*) at TL 1,205.7 mn, EBITDA at TL 290,2 mn, Profit Before Monetary Loss and Tax at TL 135,7 mio, Net Loss at TL 156,2 mn. EBITDA Margin was 24%. Operational profitability 6M25 6M24 DYoY 2Q25 1Q25 D QoQ Extended Revenues 1,205.7

  10. Slide 10: Financial Statements and Performance

    Financial Statements and Performance As of end of 1H25, consolidated assets were TL 4,557 mn, shareholders’ equity was TL 2,551 mn. Summary Balance Sheet (TL mn) 6M25 12M24 D YtD ? IAS 29 Impact Total Assets 4,557 4,757 -4.2% Current Assets 2,758 3,156 -12.6% Fixed Assets 1,799 1,600 12.4% High Liqu

  11. Slide 11: Financial Statements and Performance

    Financial Statements and Performance 2018 Revenues from business lines reached TL 1,020.6 mn by the end of 1H25 (y/y2019 -33%). 2020 The main contributor for the period was the NPL business line. Asset Management and M&A’s contribution to revenues continued to increase. Revenues by Business Line (TL

  12. Slide 12: Financial Statements and Performance

    Financial Statements and Performance Revenues from NPL Business Line (Comparative Table) 2018 2019 2020 (000 TL)* İstanbul Varlık Gelecek Varlık Sümer Varlık Birikim Varlık Collections 307,056 2,708,297 613,559 448,074 Net Profit 112,531 724,352 441,190 177,322 Net Profit Margin 36.65% 26.75% 71.91%

  13. Slide 13: II. Developments by Business Lines

    II. Developments by Business Lines © 2025 ÜNLÜ & Co | All Rights Reserved

  14. Slide 14: NPL Business Line

    NPL Business Line * * 1H25 Financial Results (w/o IAS 29, financials submitted to BRSA were taken into account) 1H25 Collections: TL 307 mn NPL Sector 2022: TL 7,6 bn NPL Business Line Performance 2023: TL 12,5 bn 2024: TL 32,2 bn, average NPL sales price: 35.6% Total investments in 2025: TL 167.3 m

  15. Slide 15: Corporate Finance Business Line

    Corporate Finance Business Line M&A Transactions 1H25 Revenues: TL 75,4 mn (y/y -7%) Two transactions were signed in the second quarter: 1H24 Revenues: TL 80,8 mn - Türk Tuborg's acquisition of Antalya Alcoholic Beverages - Arsem Mining's acquisition of Kars Çimento, a Çimentaş Corporate Finance Rev

  16. Slide 16: Investment Advisory: DAHA and Fund Management

    Investment Advisory: DAHA and Fund Management DAHA 1H25 Revenues: TL 222,3 mn Through our new mobile application «Piapiri», which we introduced in line with our Digitalization Strategy, our customer onboarding from digital channels DAHA: TL 166,8 mn (y/y -29%) accelerated and 95,74% of the accounts

  17. Slide 17: Institutional Sales Business Line

    Institutional Sales Business Line Performance of the Business Line 1H25 Revenues: TL 84,7 mn In the first 6 months, the recurring revenues of the Recurring Revenues: TL 81,1 mn (y/y -10%) Institutional Sales business line amounted to TL 81,1 mn, a 10% decrease compared to the previous year. Other Re

  18. Slide 18: III. Sustainability

    III. Sustainability © 2025 ÜNLÜ & Co | All Rights Reserved

  19. Slide 19: ÜNLÜ & Co – Sustainability

    ÜNLÜ & Co – Sustainability We are guided by our commitment to “our unique mark towards a sustainable future.” In line with this vision, we aim to create long-term value by emphasizing the importance of sustainability across four dimensions: humanity, society, the environment, and the world. Each yea

  20. Slide 20: ÜNLÜ & Co – Sustainability

    ÜNLÜ & Co – Sustainability In collaboration with Türkiye Entrepreneurship Foundation (GİRVAK), a comprehensive training program is offered for start-ups/ventures who have women founders or co-founders. Results of the ÜNLÜ & Co Women's Technology Entrepreneurs Academy 2024-2025 term: • Applications f

  21. Slide 21: ÜNLÜ & Co – Sustainability

    ÜNLÜ & Co – Sustainability Our Featured Awards 2024 & 2025 EUROMONEY SECURITIES HOUSES AWARDS ÜNLÜ & Co's Prominent NGO and • Best Securities House in Türkiye Association Partnerships 2024 EMEA FINANCE ACHIEVEMENT AWARDS • Best M&A House in CEE, • Best M&A Deal in CEE, • Best M&A Deal in MENA 2024 M

  22. Slide 22: IV. Appendices

    IV. Appendices © 2025 ÜNLÜ & Co | All Rights Reserved

  23. Slide 23: ÜNLÜ & Co – Pioneer in the Sector with its Entrepreneurial History

    ÜNLÜ & Co – Pioneer in the Sector with its Entrepreneurial History 4 Major Business Lines: NPL, Investment Advisory, Corporate Finance and Institutional Sales Pioneering initiatives, Reputable Name DAHA #1 Turkey’s first independent M&A Corporate Finance advisory firm NPL and Investment M&A Advisory

  24. Slide 24: ÜNLÜ & Co – Ownership and Group Structure

    ÜNLÜ & Co – Ownership and Group Structure* ÜNLÜ Portföy UFT Publicly Traded Mahmut L. ÜNLÜ Equity Private (Other) Hedge Fund %35,57 %54,48 %9.95 %100 %32,5 %100 %100 %100 %100 Turkish Alternative ÜNLÜ Portföy ÜNLÜ Menkul İSTANBUL Varlık Piapiri Teknoloji 212 LTD Investments Yönetimi A.Ş. Değerler A.

  25. Slide 25: Disclaimer

    Disclaimer This presentation or report has been prepared by ÜNLÜ Yatırım Holding A.Ş. and its affiliates («ÜNLÜ & Co») for information purposes and the information in its content must be considered strictly confidential. It cannot be partially or completely reproduced, copied, used for any other pur

  26. Slide 26: Investor Relations

    Investor Relations Ahi Evran Cad. Polaris Plaza No: 21 İç Kapı No: 11 34485 Maslak, Sarıyer - İstanbul, Türkiye T : +90 (212) 367 36 36 | F : +90 (212) 346 10 40 | E : investor.relations@unluco.com © 2025 ÜNLÜ & Co | All Rights Reserved 26

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