Global Yatirim Holding A.s. · BIST:GLYHO
Global Yatirim Holding A.s — H1 2026 Earnings Presentation
24 slides from Global Yatirim Holding A.s's earnings presentation, Aug 1, 2026
Slide 1: H1 2026 Earnings Presentation
1 H1 2026 – Financial Presentation EARNINGS PRESENTATION H1 2026
Slide 2: Diversified Portfolio, Leading Companies
Diversified Portfolio, World’s largest cruise port operator Leading Companies Ownership H1 2026 – Financial Presentation PORTS 4 continents, 90.5% 20 countries, 35 ports Turkey’s leading non-piped Ownership natural gas distributor GAS • 14 industrial CNG plants 60.0% • 2 Auto CNG stations Total capa
Slide 3: Global Presence, Strong Operational Diversification
Global Presence, Strong Operational Diversification Balanced growth and sustainable cash flow through 4 Continents, Employees From 20+ Countries 20+ Nationalities H1 2026 – Financial Presentation geographic diversification AMERICA EUROPE & AFRICA ASIA 60+ Operating Locations La Goulette Casablanca 3
Slide 4: Financial Review
4 H1 2026 – Financial Presentation REVIEW FINANCIAL
Slide 5: Profitability Strengthens with Scale
Profitability Strengthens with Scale Revenue EBITDA EBITDA margin Strong Revenue and Profit Growth Above Inflation Growth Growth expansion H1 2026 – Financial Presentation 37% 39% 60bps H1 2025-H1 2026 H1 2025-H1 2026 H1 2025-H1 2026 Without IAS29: Total Consolidated Revenue Total Consolidated EBITD
Slide 6: Strong and profitable growth continued in USD terms
65–70% of the Strong and profitable growth continued in USD terms as well Underlying operational consolidated performance +18% growth in consolidated revenues, +21% in EBITDA, +38% balance sheet is H1 2026 – Financial Presentation excluding FX impact denominated in in net income USD Consolidated Rev
Slide 7: Above-Inflation Growth in Core Business Lines
Above-Inflation Growth in Core Consolidated Revenue Consolidated EBITDA Consolidated Net Profit Growth: 37% Growth: 39% Growth: 22% Business Lines H1 2025 – H1 2026 H1 2025 – H1 2026 H1 2026 – Financial Presentation H1 2025 – H1 2026 (without IAS29) (without IAS29) without IAS29 as per IAS29 H1 2025
Slide 8: Broad-Based Growth
Broad-Based Growth Strong increase in revenue and EBITDA driven by contributions from core business lines H1 2026 – Financial Presentation Revenue (mn TRY as per IAS29)1 415,6 5,6 786,7 - 109,6 - - 257,9 - 201,8 14.818,9 14.180,2 H1 2025 Ports Power Gas Mining Real Estate Brokerage, Asset H1 2026 Mn
Slide 9: Operational Profitability Strongly Translates into Net Income
Operational Profitability Strongly Translates into Net Income Net Income 22% increase in net income despite depreciation impact Growth; H1 2026 – Financial Presentation 22% H1 2025 – H1 2026 Net Income (mn TRY) 332,8 415,2 - 1.969,9 6.330,9 - 1.455,2 - - 1.486,8 2.166,9 H1 2026 EBITDA depreciation f
Slide 10: Sustainable Growth with Long-Term, Low-Cost Financing
Sustainable Growth with Long-Term, Low-Cost Financing Our 15+ year long-term financing structure and strong access to funding support our financial flexibility H1 2026 – Financial Presentation Total Consolidated Gross Debt Global Investment Holdings Consolidated Gross Debt 1,5bn USD St. Lucia Financ
Slide 11: Healthy Leverage Supported by Long-Term Debt Structure
Healthy Leverage Supported by Long-Term Debt Structure We maintain a sustainable leverage level through access to long-term 2.5x H1 2026 – Financial Presentation financing and strong operational performance Excluding consolidated 15+ debt with maturities of 15 Net Debt/EBITDA (as per IAS29) years an
Slide 12: Financial & Operational Performance by Division
H1 2026 – Financial Presentation FINANCIAL & OPERATIONAL PERFORMANCE BY DIVISION 12
Slide 13: Strong Traffic and High Occupancy Continue in Port Operations
Strong Traffic and High Occupancy Continue in Port Operations In H1, the number of ships calling at our consolidated ports increased by 8%, while H1 2026 – Financial Presentation passenger traffic rose by 10%, with occupancy rates remaining at high levels Total Consolidated Calls** Strong Momentum i
Slide 14: Strong Growth and Increasing Profitability in USD Terms
Strong Growth and Increasing Profitability in USD Terms Strong USD-based growth in revenue and EBITDA H1 2026 – Financial Presentation Revenue (mn USD) 1 EBITDA (mn USD) EBITDA (USD) Revenue (USD) +27% +22% 64% EBITDA Margin 62% H1 2025 – H12026 H1 2025 – H1 2026 27% 155 22% 96 Revenue Per Pax (USD)
Slide 15: Strong Profitability and Effective Cost Management in the Gas Segment
Strong Profitability and Effective Cost Management in the Gas Segment Alongside continued operational efficiency, Naturelgaz took its first step H1 2026 – Financial Presentation toward international growth through its initial overseas investment City Gas Sales Volume Revenue EBITDA Volume (mn sm3) 2
Slide 16: Power Generation Segment Temporarily Affected by Seasonal Factors
Power Generation Segment was Temporarily Affected by Seasonal Factors in H1, While Strategic Investments Continued to Drive Long-Term Growth H1 2026 – Financial Presentation Scaling up capacity with the Bahamas project while focusing on USD-based and long-term revenues Total Generation (GW) 274 259
Slide 17: Profitability in Our Mining Segment Is Impacted by Inflation and FX
Profitability in Our Mining Segment Is Impacted by Inflation and FX Dynamics Weaker demand in Europe constrained export volumes, inflation-driven cost increases H1 2026 – Financial Presentation affected operational profitability Volume (tons) 174.761 160.182 Export Domestic Sales 143.421 ton 16.760
Slide 18: Stable EBITDA Contribution
Stable EBITDA Contribution Our real estate segment enhances portfolio diversification while H1 2026 – Financial Presentation providing sustainable cash flow and consistent EBITDA contribution Revenue EBITDA (mn TRY) (mn TRY) Karaköy Office Building 3% 89 Van Shopping Mall Operated under the 87 3% 3.
Slide 19: Established Heritage, Strong Financial Services Platform
Established Heritage, Strong Financial Services Platform + YEARS With over 35 years of market experience, we continue to H1 2026 – Financial Presentation deliver strong financial solutions Revenue EBITDA 932,9 mn TRY 231,6 mn TRY (H1 2025: 1.114 mn TRY) (1 2025: 250,6 mn TRY) Total Assets Under Glob
Slide 20: GLYHO - Outperformance vs. Indices
GLYHO - Outperformance vs. Indices Supported by strong operational performance and strategic actions, GLYHO H1 2026 – Financial Presentation outperformed the indices in annual investor returns Creating value for our investors through strategic initiatives GLYHO GLYHO +85% YoY BIST HOLD BIST 100 BİST
Slide 21: Appendix
21 H1 2026 – Financial Presentation APPENDIX
Slide 22: Consolidated Balance Sheet
Consolidated Balance Sheet Total Assets Total Shareholders’ Equity (Mn TRY) 114.6bn TRY 24.9bn TRY H1 2026 – Financial Presentation (30.06.2026) (30.06.2026) Balance Sheet (TL Million) 30 June 2026 31 Dec 2025 (TL Million) 30 June 2026 31 Dec 2025 LIABILITIES ASSETS Short term liabilities 20.925,7 1
Slide 23: Income Statement
Income Statement (Mn TRY) H1 2026 – Financial Presentation Income Statement (TL Million) H1 2026 H1 2025 Total gross revenues 15.812,8 16.388,0 Cost of sales and services -8.666,2 -9.843,5 Gross profit 7.146,6 6.544,5 Operating expenses -3.145,6 -3.049,9 Other operating income/(loss), net 228,5 553,
Slide 24: Disclaimer
Disclaimer The information contained in this presentation has not been independently verified. No representation or H1 2026 – Financial Presentation warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information or opinions contained herein. This
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