Efg Holding S.a.e. · EGX:HRHO
Efg Holding S.a.e — EFG Hermes Holding — FY2014 Earnings Presentation
33 slides from Efg Holding S.a.e's earnings presentation, March 2015
Slide 1: EFG Hermes Holding Investor Presentation
EFG Hermes Holding Investor Presentation March 2015
Slide 2: Group Overview
|. Group Overview
Slide 3: Group business lines and regional offices
≡ ≡ ≡ ≡ ≡ Egypt Office Kuwait Office Credit Libanais Investment Asset Private Commercial Brokerage Research Banking Management Equity Banking Established 1984 Acquisition 2008 Acquisition 2010 Services Securities Brokerage, Services Securities Brokerage Retail Banking Investment Banking, Services Co
Slide 4: Group Overview: Senior Management and Organization Structure
Group Overview Senior Management Team The Organization Structure A. Gadayel of Risk & nce ie |, Abdoun id of Human Re K. Gamal CEO KSA {BB Business Lines BB support (LJ Coverage & Investor Relations
Slide 5: Board Composition
Group Overview Board Composition Board of Directors\? D.EI Selawy Mona Zulficar?) Head of Internal Audit Non Executive Chairperson iy : | 4 Executive Director Non Executive Director Non Executive Director Non Executive Director Non Executive Director Karim Awad Yasser ELMallawany Takis Arapoglou®) R
Slide 6: Strategy Overview
|. Strategy Overview
Slide 7: A Growth Targeted Approach
Strategy Overview A Growth Targeted Approach Phase I: Restructuring Phase II: Growth Strategy Strategy Phase: Cumtent Modeland Focus Phase ll: Current Modeland focus Management continues to be highly committed to wt ample 08 raat strategic goals that is set for itself in 2013 and then again in 2014
Slide 8: Geographic presence and expansion markets
≡ ≡ ≡ ≡ Kuwait ( DFM ( ≡ ADX KSA ≡ Oman (Undisclosed)
Slide 9: Phase II: Ongoing Implementation of Growth Strategy
Strategy Overview Phase Il : Ongoing Implementation of Growth Strategy EFG Hermes Remained on Target with its Growth strategy Outlined early 2014 EFG Hermes is entering the financing sector; a business that entails potential synergies with EFG Hermes’ current business model and is a market that is s
Slide 10: Investment Banking, Financial Services and Commercial Banking
≡ ≡ ≡ Investment ≡ Banking ≡ ≡ ≡ ≡ ≡ ≡ Financial ≡ Services ≡ ≡ ≡ Commercial Banking ≡
Slide 11: Funding Our Expansion Plans
Strategy Overview Funding Our Expansion Plans Understanding the EFG Hermes Cash Balances = Given the current Separate B/S restrictions that we are dealing with, EFG Hermes has to manage its cash needs with two separate cash pools Leasing Consumer Finance ' Day-to-day Operations ' KSA Settlement New
Slide 12: Investment Bank Overview
|. Investment Bank Overview
Slide 13: Number of clients by country
≡ ≡ ≡ ≡ ≡ ≡ Egypt UAE Kuwait Number of Clients 49,257 Number of Clients 19,927 Number of Clients 23,387 Jordan Oman Saudi Arabia Number of Clients 5,682 Number of Clients 5,310 Number of Clients 330 Qatar South Africa United States Number of Clients 10 Number of Clients 25 Number of Clients 173 UK E
Slide 14: Securities Brokerage: Online Experience and Corporate Access
Investment Bank Overview — Securities Brokerage | Complete Online Experience/Unparalleled Corporate Access Markets Features Access Buy, Sell Orders Submission, Editing, Canceling and Active mn Egypt (EGX) Orders Status Monitoring. re pho oh trading experience Oman(MSM) Historical Account Statement K
Slide 15: Research: A Leading Research House
Investment Bank Overview Research | A Leading Research House EFG Hermes houses an industry leading research department that is currently comprised of a team of 33 professionals focusing on areas including equity coverage, economics, and strategy The department also offers in- depth reports on econom
Slide 16: Asset Management: Diversified Client Base and Product Offering
Investment Bank Overview Asset Management | Diversified Client Base and Product Offering Evolution of Assets Under Management Funds origination by Clients’ Region $ 3.1 billion of Ge IME USD (on) mEgypt Equity Funds mRegional Equity Funds AD 44 3.3 33 3.1 3.1 0.3 0.2 I J i q 2009 2010 2011 2012 2013
Slide 17: Asset Management: Strong Track Record and Award Winning Funds
Investment Bank Overview Asset Management | Strong Track Record and Award Winning Funds 46 professionals across three countries (Egypt, UAE and Saudi Arabia) with more than 19 years of investment experience in the region making it the largest and most experienced on-the-ground team of any investment
Slide 18: Investment Banking: Consortium of Investors
≡ Consortium of Investors Advisory on the listing on (US$ 1,400,000,000) Sponsor and Global Coordinator & Capital Raising on the EGX (US$ 185,400,000) ≡ Joint Bookrunner March 2015 ≡ ≡ ≡
Slide 19: Investor base by type and region
≡ ≡ Family UK 11% Offices US ≡ 74% Retail 9% ≡ 10% MENA ROW Institusions 70% 10% 16% ≡ Retail, RoW, 5% 30% Institutions US, 11% , 60% Europe, ≡ 14% Family MENA, Offices, 70% 10% ≡ SWFs Family Kuwait 33% Offices 25% ≡ 67% KSA 75% Family ≡ Institutional Offices Europe and 29% 28% N. America ≡ GCC 10%
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Slide 21: Private Equity: Acquisition of 9% Stake in EDPR
Investment Bank Overview Private Equity | Acquisition of a 49% Stake in EDPR in a USD208 mn Leveraged Buyout With Co-Investors < of Partnering with the Hy 2 USD208 mn ‘32 en wna operational Wind 4M Largest cD Acquisition Price Net Capacity Generation Arrangement Farms Wind Energy Producer Ez Globall
Slide 22: Commercial Bank Overview
1, Commercial Bank Overview
Slide 23: Crédit Libanais Highlights
Commercial Bank Overview Crédit Libanais | Highlights $9.2 bn Total Assets 9.8% ROAE (after tax) i $2.9 DN Total Loans ROAA $7.7 DN Total Deposit: i Net Profit : aftertax | 36.9% Loans/Deposits : sescueceeeeeeeesenuseeeeeeeeeeeeenees : Ratio : 7 1 Crédit Libanais branches (Lebanon - Cyprus - Bahrain
Slide 24: Crédit Libanais and Crédit International branches
Crédit Libanais 71 branches Crédit International 1 branch
Slide 25: Financial Performance
\/. Financial Performance
Slide 26: Group Key Financial Highlights
Overview of Financial Performance Group | Key Financial Highlights Group Revenues Group Net Profit After Tax & Minority Interest mEgypt mRegional In EGP million EGP221 million normalized:net profits excluding In EGP million 2610 708 the.one-off items | and impairment 2,463 552 charges 538 2,195 J 1,
Slide 27: Investment Bank Business Lines Revenue
Overview of Financial Performance —= zz Investment Bank | Business Lines Revenue Brokerage Revenue Asset Management Revenue In EGP milion in EGP mition ™ Management Fees incentive Fees 464 451 272 377 207 166 95 154 95 282 7” 7 220 240 7 121 10 | ° 107 98 110 2009 2010 2011 2012 2013 2014 2009 2010
Slide 28: Investment Bank Revenue Generation
Overview of Financial Performance Investment Bank | Revenue Generation FY14 Revenues“ FY14 Breakdown of Fees and Commissions Core Investment Bank In EGP million 20% operations in FY14 were » the primary drivers of this impressive yearly growth 1% 1,220 Capital markets and 11% treasury operations inc
Slide 29: Investment Bank Cost Base
Overview of Financial Performance Investment Bank | The Cost Base FY14 Operating Expenses @) FY14 Breakdown of Expenses Management's In EGP million continued focus on cost control saw the Ea employee-cost-to- income ratio fall to 45% 51 Other in FY14, far below the expenses 71% rate recorded in | 37
Slide 30: Investment Bank Balance Sheet
Overview of Financial Performance — Investment Bank | Balance Sheet Investment Bank Balance Sheet as at 315t of December 2014 Assets - Liabilities In EGP million The balance sheet of EFG Hermes today is well Cash and Cash Equivalents 3,208 capitalized, and unleveraged with significant scope for valu
Slide 31: Crédit Libanais Balance Sheet and Asset Quality Highlights
Overview of Financial Performance Crédit Libanais | Balance Sheet and Asset Quality Highlights Total Assets Customer Loans Customer Deposits In USD million 2009 20102011 2012 2013 2014 Total Shareholders’ Equity In USD million 7.2% es 2,234 1,976 1,654 1,292 2009 2010 2011 2012 2013 NPL/Gross Loans
Slide 32: Crédit Libanais Profitability, Performance and Capital Ratios
Overview of Financial Performance Crédit Libanais | Profitability, Performance and Capital Ratios Net Interest Income Operating Expenses Net Profit After Tax & Minority Interest In USD million In USD million In USD million mlnterest Income minterest Expense mNet Interest Income mSalaries = Other Ope
Slide 33: Disclaimer
Disclaimer This confidential document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities or interests described within it ("Investments") in any jurisdiction. Investors should make decisions to acquire Investments