Specialized Medical Company · TADAWUL:4019
Specialized Medical — Q3 2025 Earnings Presentation
30 slides from Specialized Medical's earnings presentation, Nov 10, 2025
Slide 1: Q3 & 9M-FY25 Results Presentation
SMC 3 “As SoC Hate Bee et ga al these Sal Ale SMC Healthcare ~ Q3 & 9M-FY25 Results Presentatic November 10
Slide 2: Disclaimer
Disclaimer This presentation contains statements that are, or may be deemed to be, forward looking statements, including statements about the beliefs and expectations of SMC Healthcare (SMC) (the "Company"). These statements are based on the Company's current plans, estimates and projections, as wel
Slide 3: Today's Presenters
Today's Presenters Mr. Bassam Mr. Hani Mr. Sadiq Ali Al-Ali Chahine Charani
Slide 4: Company Overview & Strategic Updates
| 1 Company Overview & Strategic Updates
Slide 5: Company Overview Strategic Updates
Company Overvie N Strategic Updates
Slide 6: SMC 1 SMC 2
SMC 1 SMC 2 King Fahd Road, King Abdullah Road, Riyadh Riyadh
Slide 7: Medical services overview
Medical services overview . . SMC prioritized outpatient’ and higher-margin acute services. It is in the final stages of repurposing space previously Strategic shift dedicatedto long-term care (LTC) beds into more than 60 high-demand outpatient clinics and completed the redeployment of 4 beds that w
Slide 8: Key highlights - Q3 2025
Key highlights - Q3 2025 despite phasing out ~240 LTC beds by September 2025. Growth driven by 14.0% rise in acute specialties revenue and 13.4% increase in witha margin of 17.3% (+2.3pp), driven by streamlined corporate Functions and improved in Al Malga District housing 35 clinics offering a range
Slide 9: Establishing SMC in Northwest Riyadh through a new outpatient clinic center
Establishing SMC in Northwest Riyadh through a new outpatient clinic center “SMC Clinics” offering a comprehensive range of specialties SMC will open and operate SMC Clinics, its First outpatient clinic center, broadening access to specialized care and reaching a wider segment of patients, in line w
Slide 10: SMC moves forward with construction progress on schedule
SMC 3 moves forward with construction progress on schedule Legal approval from the Royal Commission For Riyadh City (RCRC) * The Company secured legal approval from the Royal Commission for Riyadh City (RCRC) For the construction activities of SMC 3 and Wadi Fund hotel, with permit Fees settled. Thi
Slide 11: Core growth strategy centered around the expanding northern Riyadh region
Core growth strategy centered around the expanding northern Riyadh region with three new hospitals and one poluclinic \] Oo 6 SMC Clinics (New Update) Al Malga District 12+ specialties 35 oP Clinics Vv Lease Signed ¥ Works Progressing Long Term Strategy New Healthcare Facilities (~ SAR 3 bn in CAPEX
Slide 12: Slide 12
Slide 13: Outpatient and Acute Care Growth Driving Strategic Transition
Outpatient and Acute Care Growth Driving Strategic Transition and Offsetting the Impact of LTC Capacity Reductions Shift Toward High-Performing Acute Specialties and Outpatient Expansion Materializing Successful transition into higher margin services as 90 LTC beds were Inpatient Visits Increasing D
Slide 14: Resilient Q3 2025 growth and margin gains through summer seasonality
Resilient Q3 2025 growth and margin gains through summer seasonality, demonstrating effective strategic repositioning communicated during IPO Revenue momentum across all specialties = Strategic transition materializing in Q3 2025 as evidenced by gross revenue increasing 9.5% YoY to SAR 465.3 mn, del
Slide 15: 9M’24 – 9M’25 Q2’25 – Q3’25
9M’24 – 9M’25 Q2’25 – Q3’25 9M’24 – 9M’25 Q2’25 – Q3’25 9M’24 – 9M’25 Q1’25 – Q2’25
Slide 16: Creating Value for Shareholders
Creating Value for Shareholders Special, one-time dividend approved (7) +2 0 @] m ‘iis SMC Board of Directors recommended to distribute a Special, one-time special one-time cash dividend to shareholders cash dividend — Confidence in SMC's long-term outlook driven by a & materializing strategy, healt
Slide 17: Balance Sheet strength enabling growth
Balance Sheet strength enabling growth Q3 2025 Highlights 2 e Ox 62 ° 1 % ii: Leverage decreased to 2.0x from Net Debt / EBITDA Debt / Equity CGRES TGS Aon) V 0.4x YoY V 15.2ep YoY Reduction of 6.3% in outstanding debt coupled with a 431.4% surge in cash and cash equivalents driven by reduction in g
Slide 18: Slide 18
Slide 19: FY 2025 Guidance | Execution on track to deliver full-year targets
FY 2025 Guidance | Execution on track to deliver Full-year targets 2025 One-time Special Operations Financials Dividend 578 sar 1.6bn - 1.8bn <.23%- 26% sar 200m. Beds Net Revenue EBITDA Margin Dividend* © © 326 c. 17.5% - 19% c.2.3x- 2.5x sarO.8 Clinics Net Income Margin” Net Debt / EBITDA Dividend
Slide 20: Thank You
easilet 7 nae PELLETED LTE | ana “i smess = par smc a Hospital sasitimo | Thank You
Slide 21: Slide 21
Slide 22: Slide 22
Slide 23: SMC at a Glance
SMC at a Glance => wan 2 ®_ 578 307 eh Hospitals SS Inpatient Beds Outpatient Clinics (Q3 2025) (Q3 2025) 7 1,439.6 mn = 333.1MN 185.2 mn Al Ravens (FY24) (i) EBITDA (FY24) Ze Net Profit? (FY24) Accreditations Ocean H Saudi Heart 7) ¥ = 4 nphies — seaers vlo «Lite chy} yoga | sjall *) ican = ‘po Cam
Slide 24: Through two decades of growth, SMC has emerged as a regional healthcare powerhouse
Through two decades of growth, SMC has emerged as a regional healthcare powerhouse © Expansion Phase Strengthening Existing Footprint © Establishm 1999 2002 2004 2005 2006 2012 2014 2020 2024 2025 Future Coy gi Ra Coy & & 2 9 ig Launch of Expansion of — Expansion of — Agreement Developed Developed F
Slide 25: SMC is our inaugural hospital, centrally located in Riyadh
SMC 1 is our inaugural hospital, centrally located in Riyadh, and serving as our hub since 1999 Key Stats King Fahad Road * Established 1999 126 * Facilities 6 Buildings (Including 3 towers); 72,172sq.m 209K Clinic patients * Capacity = 390 Beds = 8 Operating rooms = 191 Clinics * 7Delivery rooms 23
Slide 26: SMC expanded capacity with the launch of our second hospital in 2020
SMC expanded capacity with the launch of our second hospital in 2020, delivering enhanced efficiency and patient experience Key Stats King Abdullah Road " Established 2020 oo. * Facilities —72,788sq.mon9,579sq.m of land 144\« Clinic patients * Capacity = 188 Beds * 7 Operating rooms * 16Clinics = 9D
Slide 27: SMC has a proven track record of delivering exceptional healthcare
SMC has a proven track record of delivering exceptional healthcare with consistent growth and profitability IP Beds-Acute 4157% OP Clinics A 85% Patient Visits 4 160% 192 494 166 2019 Q3 2025 2019 554k 1,440k 2019 2024 Stable Revenue and Profitability Growth 291 mn R 1.4460 enue enue: 12.1% ceeeee e
Slide 28: Key Investment Highlights
Key Investment Highlights Robust Macro Environment and Favorable Demographics Supported by KSA’s Vision 2030 Strong Roots in Riyadh Driving Unmatched Accessibility and Cementing Market Position Comprehensive Services Covering the Entire Healthcare Value Chain Team of Top-Tier Healthcare Professional
Slide 29: Operational excellence & digital reach
Operational excellence & digital reach Embed best-in-class Revenue- Cycle Management (RCM) spanning the full claim life-cycle Embed DRG-based pricing, mapped to ACHI codes SMC platform app & Al triage roll- out optimization Broader insurance-network accreditation to capture additional tiers and netw
Slide 30: Riyadh is the backbone of KSA's healthcare infrastructure
Riyadh is the backbone of KSA’s healthcare infrastructure Largest Share of Private Sector Outpatient’ and Inpatient Despite Ongoing Expansion, Riyadh’s Hospital Bed Shortage the Population in KSA Activity Outpacing Public Sector Growth Is Projected to Widen as Demand Outpaces Supply” . . ME Demand m
Specialized Medical Company (SMC Healthcare) — Q3 2025 Earnings Presentation on 6ix