Tanmiah Food Company · TADAWUL:2281
Tanmiah Food — FY2025 Earnings Presentation
23 slides from Tanmiah Food's earnings presentation, 2026
Slide 1: Earnings Presentation FY 25 & Q4 2025
Earnings Presentation FY 25 & Q4 2025 A vision to become the number one global halal sustainable healthy protein company by 2030
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared solely for use as an investor presentation for Tanmiah Food Company (the “Company”). By attending or by reading this presentation, you agree to be bound by the following limitations. The information contained in this presentation is for background purpo
Slide 3: Table of Contents
Table of Contents 1 Key Messages & Highlights 2 Financial Overview 3 ESG 4 Key Takeaways 5 Appendix 3
Slide 4: Key Messages & Highlights
01 Key Messages & Highlights 4
Slide 5: Key FY 2026 Strategic Priorities
Key FY 2026 Strategic Priorities Driving long-term, resilient shareholder value through a stronger core, value-added diversification, and disciplined execution enabled by digital and people capabilities. 1 Drive margin-accretive growth through sharper execution and a higher-margin mix Customer-Focus
Slide 6: Where We Operate
Where We Operate Tanmiah’s fully integrated and highly efficient business model includes production, further processing, distribution and restaurant operation, with customers in Saudi Arabia, the UAE, Bahrain, Oman, Kuwait, with early traction in select Asian markets Agribusiness1 Revenue Breakdown
Slide 7: FY 2025 Highlights
FY 2025 Highlights Strengthening market position as we advance profitability measures Agribusiness1 Restaurant Operations Revenue 2,453 1.3% YoY 201 41.8% YoY Net Income3 37 70.1% YoY (56) 99.8% YoY Financial Highlights (SAR millions) Net Income Margin 1.5% 360 bps YoY -27.9% 808 bps YoY 53% Aggrega
Slide 8: Asset Optimization
Asset Optimization Strategic Capital Investment to Unlock Efficiency and Margin Upside Current CAPEX Total Capital Expenditure Facilities Leased RUA(1) Capacity Commitment(1) (SAR millions) Agribusiness 795k bpd SAR 632 million SAR 167 million 418 Restaurant Operations 95 stores SAR 41 million SAR 2
Slide 9: Advancing Value-Added Offerings Through Product Innovation and Portfolio Expansion
Advancing Value-Added Offerings Through Product Innovation and Portfolio Expansion Expanded product portfolio and value-added offerings reinforce Tanmiah’s diversified business model ▪ Accelerated focus on local-ingredient, ready- to-eat products to capture current consumer preference and promote tr
Slide 10: Q4 2025 Newly Launched Innovative Products
Q4 2025 Newly Launched Innovative Products Leading with local-ingredient, ready-to-eat innovation to meet demand and strengthen Saudi-made
Slide 11: Popeyes Strategic Pillars
Popeyes Strategic Pillars Localized Growth Strategy Driving Brand Momentum Deep Localization as a Growth Engine A strategy anchored in Saudi-first localization, leveraging local agencies and creators to deliver culturally relevant content that resonates authentically with the Saudi market. Introduci
Slide 12: Financial Overview
02 Financial Overview 12
Slide 13: FY 2025 Financial Performance
FY 2025 Financial Performance Restaurant-led revenue growth; FY25 profitability impacted by pricing and cost dynamics • Revenue of SAR 2,653 million, up 3.5% YoY. Revenues Net Income1 • Agribusiness revenue was up 1.3% YoY, reflecting sales volume growth, largely +3.5% YoY -113.7% YoY offset by lowe
Slide 14: Q4 2025 Financial Performance
Q4 2025 Financial Performance Agribusiness remained resilient on volumes, while Restaurant Operations continued to scale through new openings • Revenue of SAR 713 million, up 4.1% YoY. Revenues Net Income1 • Agribusiness revenue, comprising Fresh Poultry and Animal Feed & Health Products, was up +4.
Slide 15: FY 2025 Financial Performance – Profitability
FY 2025 Financial Performance – Profitability Profitability softened in FY 2025 amid sustained pricing pressure and higher costs, partially mitigated by efficiency and mix actions • Gross profit declined 7.7% YoY, with margin contracting by 270 bps, reflecting continued Gross Profit EBITDA pricing p
Slide 16: Net Income Bridge Charts
Net Income Bridge Charts Balancing Cost Headwinds with Efficiency Gains and Strategic Expansion 111 130 FY 2024 vs. FY 2025 (44) (31) (29) (15) 90 (183) (58) Net Income Pricing Diesel Rate Volume & Efficiency & Cost Financing Depreciation Restaurant Net Income (Actual) Impact Impact Portfolio Mix Op
Slide 17: Cash Flow Analysis & Working Capital Management
Cash Flow Analysis & Working Capital Management 92 92 ▪ Working capital declined in FY 2025, with 89 higher working capital days at year-end reflecting ramp-ups, expected to normalize Working Capital 81 76 as utilization improves. 331.1 325.4 71 256.9 72 251.6 232.6 68 226.6 ▪ FY 2025 cash balance w
Slide 18: Sustaining Growth with a Strong Financial Foundation
Sustaining Growth with a Strong Financial Foundation A balanced approach to liquidity, leverage, and capital efficiency Dec 2025 Dec 2024 Debt Type RoIC (1) (2) 3.6% 8.9% Profitability 585 RoE (1) -2.0% 15.2% 689 34% 40% Long Term Activity Current ratio 1.1 1.2 Short Term 459 Lease Liability D/(D+E)
Slide 19: ESG
03 ESG 19
Slide 20: FY 2025 Initiatives and Practices on Sustainability Focus Areas
FY 2025 Initiatives and Practices on Sustainability Focus Areas Tree Plantation and Carbon Offset Progress Carbon Inventory & Decarbonization Strategy ▪ Large-scale tree planting initiative undertaken since 2021, aimed at ▪ Partnered with Schnieder to perform a complete inventory of contributing to
Slide 21: Key Takeaways
04 Key Takeaways 21
Slide 22: From disciplined execution to sustainable, margin-led growth
From disciplined execution to sustainable, margin-led growth Our strategic priorities are anchored in disciplined execution, operational excellence and a clear focus on long-term value creation Market Environment Strategic Pillars Guiding Execution • The industry is experiencing a prolonged period o
Slide 23: Thank You
THANK YOU Investor Relations & Media Queries ir@tanmiah.com www.tanmiah.com