Lumi Rental Company · TADAWUL:4262
Lumi Rental — Q1 2026 Earnings Presentation
23 slides from Lumi Rental's earnings presentation, 2026
Slide 1: Q1 2026 Earnings Presentation
Welcome Q1 2026 EARNINGS PRESENTATION LUMI (TASI:4262)
Slide 2: Disclaimer
Disclaimer All information included in this document is for general use only and has not been independently verified, nor does it constitute or form part of any invitation or inducement to engage in any investment activity, nor does it constitute an offer or invitation or recommendation to buy or su
Slide 3: Introduction
wool e lumi Introduction
Slide 4: Q1 2026 in Brief
Q1 2026 in Brief Core revenue stability; Contribution and margin improvements. Financial Performance Revenue (SAR mn ) Net Revenue (Leasing and Rental) 200 220 240 260 280 300 320 0 50 100 150 200 250 300 350 400 450 500 Q1 26 289.4 Q1 26 366.1 (11.0 % ) (1.2 % ) Q1 25 292.9 Q1 25 411.5 EBITDA Margi
Slide 5: Operational Performance
02 OPERATIONAL PERFORMANCE
Slide 6: Continued Expansion Across The Kingdom
Continued Expansion Across The Kingdom Lumi continued its strategic regional expansion through the Qassim branch opening as part of its long - term commitment to strengthen the provision of mobility services Airport branch 44 • • 16 Airport Branches 28 City branches Turaif Downtown branch Branches A
Slide 7: Optimized Fleet Mix
Optimized Fleet Mix Stable core revenue supported by disciplined fleet deployment and balanced rental and leasing mix Total Fleet Size (Vehicles) Purchased Vehicles Sold Vehicles (3.4%) YoY (72.8%) YoY (26.3%) YoY 2,722 2,107 1,910 1,995 34,917 2,228 1,867 2,096 34,400 34,389 1,392 34,039 1,117 33,7
Slide 8: Digital Transformation
Digital Transformation Dynamic pricing and enhanced customer experience KPIs Yaqeen ERP – A Proprietary Digital Solution Mobile Application and Website for Bookings 3:49 mins agreement opening time ( ↓ from 7 –8 mins) 65% 5 - star rating for pickup speed Easy 4 - step Convenient Ability of Automated
Slide 9: Rental Segment Performance
Rental Segment Performance Lower fleet and utilization resulted in revenue decline, partially offset by pricing Rental Fleet Size (Vehicles) Rental Revenue (SAR Mn) Rental Vehicle Utilization (1.8%) YoY (9.9%) YoY 77.9% 76.6% 76.9% 75.2% 134.6 11,129 127.6 128.7 10,951 126.0 10,910 10,864 69.6% 113.
Slide 10: Lease Segment Performance
Lease Segment Performance Stable fleet with improving unit economics supports contracted revenue growth Lease Fleet Size (Vehicles) Lease Revenue (SAR Mn) Average Lease Revenue Per Available Vehicle (3.8%) YoY +5.4% YoY +8.2% YoY 23,788 176.0 23,647 23,449 23,479 30,380 168.5 169.7 22,873 167.0 28,6
Slide 11: Used Car Sales
Used Car Sales Lower disposal volumes reflect disciplined timing and focus on maximizing lifecycle value Sold Vehicles Used Car Sales Revenue (SAR Mn) (26.3%) YoY (35.4%) YoY 2,107 128.4 1,910 1,995 118.6 117.1 118.3 1,867 1,392 76.6 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Averag
Slide 12: Financial Performance
, FINANCIAL _— PERFORMANCE
Slide 13: Q1 2026 Performance Reflects Core Stability
Q1 2026 Performance Reflects Core Stability Revenue declined due to lower used car sales, while core leasing and rental revenues remained broadly stable with improved margin quality YoY% Net Profit For The Period Q1 2026 Q1 2025 Q4 2025 QoQ Change Change Movement YOY (SAR Mn) Revenues 366.1 411.5 (1
Slide 14: Core Leasing and Rental Revenues Anchor Performance
Core Leasing and Rental Revenues Anchor Performance Stable core revenues partially offset by lower used car sales, reflecting disciplined fleet lifecycle management Total Revenue Per Segment (SAR Mn) Total Revenue Segmental Movement YoY(SAR Mn) Q4 YoY (11.0%) YoY 411.5 9.0 (12.5) 366.1 (41.9) 117.1
Slide 15: Cost Discipline Maintained Despite Market Conditions
Cost Discipline Maintained Despite Market Conditions Lower cost of vehicles sold partially offset by higher depreciation and operating expenses, supporting margin expansion Expenses (SAR Mn) Cost Of Revenue Movement YoY(SAR Mn) (13.4%) YoY 39.6 291.1 36.6 3.3 0.1 252.1 38.1 36.4 (40.60) (1.80) 42.4
Slide 16: Capital Structure & Cash
wool e lumi CAPITAL STRUCTURE & CASH
Slide 17: Margins Expansion
Margins Expansion While EBITDA declined, margin expansion reflects improved mix, cost discipline, and lower contribution from used car sales Adjusted EBITDA Returns (TTM) (16.8%) YoY 16.2% 15.6% 307.5 311.3 314.2 309.3 15.2% 15.1% 255.9 (1.6%) (17.3) 13.0% +1.2% +0.9% Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 1
Slide 18: Balance Sheet Strength Improved Through Deleveraging And Equity Growth
Balance Sheet Strength Improved Through Deleveraging And Equity Growth Lower liabilities and higher retained earnings supported improved leverage, despite working capital build during the quarter (SAR Mn) Q1 26 Q1 25 YoY % Change Total Assets Movement (SAR Mn) Total non - current assets 2,855.9 3,04
Slide 19: Leverage Improved Despite Modest Increase in Debt
Leverage Improved Despite Modest Increase in Debt Lower net debt year-on-year and stable EBITDA supported improved leverage metrics, despite a sequential increase in debt during Q1 Total Debt (SAR Mn) Net Debt (SAR Mn) (3.6%) YoY (3.3%) YoY 1,752.7 1,805.4 1,695.2 1,715.1 1,637.9 1,605.3 1,578.6 1,5
Slide 20: Key Focus Area
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Slide 21: Key Focus Area
Key Focus Area Disciplined Capital Prudent Financial Expanding B2C Rental Allocation Profile logistics Business Growth Expanding the long-lifecycle Focusing on cash generation Leveraging asset-light / low capex Focusing on technology-enabled commercial vehicles business and liquidity discipline mode
Slide 22: Thank you.
Thank you. © 2026 LUMI Presentation. All Rights Reserved. © 2026 LUMI Presentation Confidential 22
Slide 23: Q&A
Q&A © 2026 LUMI Presentation. All Rights Reserved. © 2026 LUMI Presentation Confidential 23