Kuwait Projects Company Holding (k.s.c.p.) · KSE:KPROJ
Kuwait Projects Company Holding (k.s.c.p.) — Kuwait Projects Company Holding (KIPCO) — Shareholder Meeting (June 2025)
17 slides from Kuwait Projects Company Holding (k.s.c.p.)'s shareholder meeting presentation, June 2025
Slide 1: Preserve & Grow: A year of progress
Preserve & Grow Preserve A year of progress & Grow 1
Slide 2: Disclaimer
Disclaimer This presentation is not an offer to subscribe to or purchase any securities. No warranty is given as to the accuracy or completeness of the information on this presentation. You must make your own independent investigation and appraisal of the business and financial condition of KIPCO. N
Slide 3: Our Strategic Priorities
OUR STRATEGIC PRIORITIES 3
Slide 4: Our Strategic Journey since 2022
Our Strategic Journey since 2022 Paving the way for sustainable growth and long-term value creation Assess Reform Grow A growth-focused phase to harness Comprehensive assessment of the Targeted reforms to strengthen total synergies & identify new business landscape shareholders’ value creation oppor
Slide 5: Global & Regional Economic Challenges
Global & Regional Economic Challenges Navigating instability amid shifting global dynamics Inflation & Oil Price Elevated Debt Supply Chains Trade War Variability Levels High inflation prompted central banks to raise Challenges due interest rates, Post-pandemic Fluctuating oil slowing growth disrupt
Slide 6: The MENA Region
The MENA Region A region of rising potential and boundless opportunities Strategic advantages for businesses across various sectors 6
Slide 7: KIPCO's Geographic Footprint
KIPCO’s Geographic Footprint Primarily in MENA region: a region of rising potential and boundless opportunities Kuwait 10% 25% 65% 52% KSA 25% 23% Rest of GCC % of assets Rest of %of total MENA & revenues Asia Europe & N. Kuwait & Rest of GCC Rest of MENA and Asia Europe and North America America No
Slide 8: Liability Management
Liability Management … and credit strengthening journey Signed US$525m Issuance of syndicated KD103.1m Sukuk facility with First corporate to participation of issue a Sukuk & KD bond maturing 9 banks first KD Sukuk in 2023/2024 KD161.1m issuance in Kuwait swapped for bonds Prepayment of maturing in
Slide 9: KIPCO 2024 Performance
KIPCO 2024 PERFORMANCE 9
Slide 10: KIPCO's 2024 results
KIPCO’s 2024 results Our strategy has led to the strengthening of KIPCO’s financial performance Total revenue Net Profit Total Assets Shareholders’ Equity Book Value (KD billion) (KD million) (KD billion) (KD million) (fils per share) 1.5 13.0 633.9 12.3 611.2 139 30.0 587.8 134 134 1.3 11.4 129 25.
Slide 11: 2024 Performance Highlights
Net Profit 2024 Performance Highlights Positive performance of KIPCO’s investments reflects the success of its efforts to enhance value. Net income Net Profit Net Profit Net Profit Net profit 6.6% 482% 16.5% 21.3% 98% Net Profit Net profit Revenue Student base Subscriber base in 3 years 56.2% 3.8% 6
Slide 12: Burgan Bank's acquisition of UGB
Burgan Bank’s acquisition of UGB Burgan Bank has acquired a 100% stake in United Gulf Bank from United Gulf Holding. •Access to an Islamic banking window •GCC expansion (access to Bahrain, KSA and UAE markets) •Integration of asset & wealth management (greater synergies & cross-selling) 12
Slide 13: OSN Group
OSN Group WBD makes 30% strategic investment in OSN Streaming Best in class international strategic investor WBD investment in OSN Streaming: Strategic Impact OSN’s 3-year streaming-first pivot Tech innovation Premium content Subscriber & cost deals growth management 117 million subscribers Warner P
Slide 14: Digital Transformation Continues
Digital Transformation Continues ON digital banking with Burgan Anghami & OSN+ Group digital developments Bank Turkey Digital enhancements to fuel growth across our businesses Revamped mobile & tv apps 4K & Dolby Atmos One million subscribers in third year Agreement with Tata Consultancy to Enhanced
Slide 15: Our Focus
OUR FOCUS 15
Slide 16: Enhanced Shareholders' Wealth Creation
Enhanced Shareholders’ Wealth Creation Deleveraging Selective Asset monetization Shareholders’ Investment Double digit growth in core revenues & net wealth performance profits of key portfolio companies creation improvement Above market average improvement in RoE Stable and growing Future sustainabl
Slide 17: Thank you
Thank you Preserve & Grow 17
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