Seera Holding Group · TADAWUL:1810
Seera — Q2 2026 Earnings Presentation
34 slides from Seera's earnings presentation, Aug 13, 2026
Slide 1: Earnings Presentation Q2 2026
Earnings Presentation Q2 2026 Seera Earnings Presentation | 13/08/2026 1
Slide 2: Q2 2026 in Review
Q2 2026 in Review Seera Earnings Presentation | 2 13/08/2026
Slide 3: Bookings and revenue continued to grow in Q2 2026
Bookings and revenue continued to grow in Q2 2026 Net Booking Value 2Q 2026 Revenue 2Q 2026 < < 1.1% -0.2% 4,425 1,253 • Key 2Q 2026 8.9% Highlights ¥ Mn ¥ Mn • NBV grew 3% YoY, driven by the strong performance of Almosafer. +3% YoY 57.5% +4% YoY 32.7% • Revenue growth in Almosafer and Hospitality w
Slide 4: Net Booking Value, Revenue, Adj. EBITDA and Adj. Net Profit
…w g w u db w k f c f Lu dP G Net Booking Value (¥ Mn) Revenue (¥ Mn) +1% +5% +3% 8,266 +4% 2,312 2,342 7,856 4,305 4,425 1,208 1,253 2Q 25 2Q 26 1H 25 1H 26 2Q 25 2Q 26 1H 25 1H 26 Adj. EBITDA (¥ Mn) Adj. Net Profit (¥ Mn) * -6% -30% 501 473 -53% 88 -13% 63 62 266 231 29 2Q 25 2Q 26 1H 25 1H 26 2Q
Slide 5: Strong FCF and reduced leverage reinforce financial resilience
Strong FCF and reduced leverage reinforce financial resilience Net Debt / Equity (x) 2Q 2026 Free cash flow (¥ Mn) 0.19 +115% 0.18 0.16 451 +146% 0.15 210 220 0.10 89 2Q 25 2Q 26 1H 25 1H 26 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 Borrowings composition by maturity (%) Cash & Cash Equivalents Movement (¥ Mn)
Slide 6: Segment Overview
Segment Overview Seera Earnings Presentation | 6 13/08/2026
Slide 7: Almosafer Travel & Tourism Co.
Almosafer Travel & Tourism Co. Seera Earnings Presentation | 7 13/08/2026
Slide 8: 2Q 2026 shows continued growth across NBV, revenue and adj. EBITDA
2Q 2026 shows continued growth across NBV, revenue and adj. EBITDA Total Net Booking Value (¥ Mn) 2Q 2026 Total Revenue (¥ Mn) 2Q 2026 Adjusted EBITDA* (¥ Mn) 2Q 2026 +13% +6% 417 2,596 2,544 368 67 +49% 2,402 2,237 1,886 45 224 225 190 26 21 18 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 2Q 25 3Q 25 4Q 25 1Q 26
Slide 9: Almosafer: record NBV and adj. EBITDA as business scales
Almosafer Travel & Tourism Co.: record NBV and adj. EBITDA as business scales Revenue (¥ Mn) Gross Profit (¥ Mn) +6% +7% +13% 574 607 +16% 352 375 417 227 368 195 Almosafer is Saudi Arab a’ Leading Travel Company characterized by an asset-light and scalable business model that serves tourism flows a
Slide 10: Almosafer: NBV growth driven by Consumer, Hajj & Umrah
Almosafer Travel & Tourism Co.: NBV growth driven by Consumer, Hajj & Umrah Consumer Travel (¥ Mn) Business Travel (¥ Mn) +4% -12% +5% 3,377 3,239 371 -25% 326 1,847 1,934 214 161 2Q 25 2Q 26 1H 25 1H 26 2Q 25 2Q 26 1H 25 1H 26 Hajj & Umrah (¥ Mn) Destination Mgmt & Special Projects (¥ Mn) +70% +17%
Slide 11: Almosafer: revenue dynamics impacted by mix changes
Almosafer Travel & Tourism Co.: revenue dynamics impacted by mix changes Consumer Travel (¥ Mn) Business Travel (¥ Mn) 9.1% 9.8% 9.3% 9.3% 13.6% 13.9% 13.8% 13.7% -13% +4% -23% 51 +13% 301 313 45 190 29 168 22 2Q 25 2Q 26 1H 25 1H 26 2Q 25 2Q 26 1H 25 1H 26 Take rate, % of NBV Take rate, % of NBV Ha
Slide 12: Almosafer: growth across flights and room nights in 1H 2026
Almosafer Travel & Tourism Co.: growth across flights and room nights in 1H 2026 Total Flight Segments (Th) Total Room Nights (Th) +4% +7% 4,244 1,583 1,519 3,958 +1% -3% 2,263 902 907 77% 2,186 85% 81% 90% 82% 81% 80% 91% 6% 2% 6% 3% 5% 4% 6% 3% 5% 4% 3% 2% 4% 6% 2% 7% 9% 11% 9% 5% 8% 10% 9% 4% 2Q
Slide 13: Almosafer: mixed operational performance across segments
Almosafer Travel & Tourism Co.: mixed operational performance across segments Destination Mgt. & Consumer Travel Business Travel Hajj & Umrah Special Projects 3.6mn Flight segment +1% vs 1H 2025 96k Flight segment -16% vs 1H 2025 204k Flight segment +222% vs 1H 2025 327k Flight segment +52% vs 1H 20
Slide 14: Almosafer: prioritizing AI innovation
Almosafer Travel & Tourism Co.: prioritizing AI innovation AI Proof of Concepts (POCs) Live Solutions 100+ 50+ Under review and Operational and tracked in development business AI Priorities Co-Authored Code AI-Generated Content • • Enhance customer experience Improve efficiency & productivity 66.3%
Slide 15: Lumi Car Rental
Lumi Car Rental Seera Earnings Presentation | 15 13/08/2026
Slide 16: Lumi Car Rental: results under pressure from softer rental environment
Lumi Car Rental: results under pressure from softer rental environment Revenue (¥ Mn) Gross profit (¥ Mn) -8% -16% 828 246 760 -26% 206 -5% 125 416 394 92 2Q 25 2Q 26 1H 25 1H 26 2Q 25 2Q 26 1H 25 1H 26 • Lumi Rental Company is a leading car rental and lease provider in the Kingdom Operating expense
Slide 17: Lumi Car Rental: business performance metrics
Lumi Car Rental: business performance metrics Revenue (¥ Mn) 1H 2026 Fleet size (th vehicles) 1H 2026 -3% -3% 828 34 34 34 33 760 -1% 331 416 394 351 23 23 23 23 164 175 261 213 135 100 236 196 11 11 11 10 117 120 • The Kingdom's top vehicle rental and leasing business 2Q 25 2Q 26 1H 25 1H 26 2Q 3Q
Slide 18: Portman Travel Group
Portman Travel Group Seera Earnings Presentation | 18 13/08/2026
Slide 19: Portman Travel Group: revenue mix changes and high comparison base
Portman Travel Group: revenue mix changes and high comparison base Revenue (¥ Mn) 1H 2026 Gross profit (¥ Mn) 1H 2026 +4% 29.8% 26.5% 30.8% 29.3% 306 318 +1% 850 862 -5% -10% • Portman Travel Group encompasses some 156 149 of the most well-established travel brands 426 383 in UK and Europe travel se
Slide 20: Portman Travel Group: Business Travel drives NBV growth in 1H 2026
Portman Travel Group: Business Travel drives NBV growth in 1H 2026 Net booking value (¥ Mn) 1H 2026 Business Travel (¥ Mn) 1H 2026 +6% Sports Travel 628 1,937 2,057 Business +11% +4% 1,050 vs H1 2025 2,945 Travel 1,006 Luxury Leisure Travel +7% 260 vs H1 2025 2,057 -1% +6% vs H1 2025 vs H1 2025 2Q 2
Slide 21: Portman Travel Group: segment operating metrics
Portman Travel Group: segment operating metrics 2.1mn Number of business trips managed -12% vs H1 2025 ¥ 90k Average Order Value -2% vs H1 2025 47.9K Number of travelers +16% vs H1 2025 91% % online booking rate +5 pp vs H1 2025 2.9k Number of trips -2% vs H1 2025 1.6K Number of Events Delivered -5%
Slide 22: Hospitality
Hospitality Seera Earnings Presentation | 22 13/08/2026
Slide 23: Hospitality: Mövenpick sale in 1Q 2025 and one-off gain in 1H 2026
Hospitality: Mövenpick sale in 1Q 2025 and one-off gain in 1H 2026 Revenue (¥ Mn) Gross profit (¥ Mn) -5% -3% 107 102 63 62 +8% +17% 46 50 31 26 2Q 25 2Q 26 1H 25 1H 26 2Q 25 2Q 26 1H 25 1H 26 • Seven hotels, including Sheraton Jabal Al EBITDA (¥ Mn) Adj. EBITDA (¥ Mn) Kaaba (Makkah), three unbrande
Slide 24: Hospitality: solid demand supported business performance metrics
Hospitality: solid demand supported business performance metrics 1H 2026 Room Nights 112k -6% Sold vs 1H 2025 Operational 2,055 -5% Room Keys vs 1H 2025 Revenue Per ¥ 432 +6% Available Room vs 1H 2025 Occupancy 75% +3 ppt vs 1H 2025 Average ¥ 576 +2% Daily Rate vs 1H 2025 Seera Earnings Presentation
Slide 25: Q&A
Q&A Seera Earnings Presentation | 25 13/08/2026
Slide 26: Appendix
Appendix Seera Earnings Presentation | 26 13/08/2026
Slide 27: Financial results supported by travel demand growth and efficiency gain
Financial results supported by travel demand growth and efficiency gain ¥ Mn 1H 2026 1H 2025 YoY % Change 2Q 2026 2Q 2025 YoY % Change Net booking value 8,266 7,856 +5% 4,425 4,305 +3% Revenue 2,342 2,312 +1% 1,253 1,208 +4% Cost of revenue (1,370) (1,394) -2% (744) (761) -2% Gross profit 972 919 +6
Slide 28: Strong balance sheet and prudent financial policy as shown by modest leverage
Strong balance sheet and prudent financial policy as shown by modest leverage ¥ Mn 2Q 2026 1Q 2026 QoQ % Change Property, plant & equipment 4,832 4,930 -2% Assets under construction and development 63 52 +21% Investments 389 429 -9% Trade & other receivables 1,748 1,753 -0% Other 4,254 3,814 +12% To
Slide 29: Improved cash position in H1 2026 driven by strong cash flow and asset disposals
Improved cash position in H1 2026 driven by strong cash flow and asset disposals ¥ Mn 1H 2026 1H 2025 YoY % Change Profit for the period 142 72 +96% Depreciation 270 263 +3% Net book value of vehicles disposed 192 234 -18% Net finance cost 54 72 -25% Other 92 65 +43% Operating CF before working capi
Slide 30: Business Segments
Business Segments Seera Earnings Presentation | 30 13/08/2026
Slide 31: NBV and Revenue Movement YoY by segment
NBV d u g w d b d … Net Booking Value Movement YoY (¥ Mn) 1H 2026 Revenue Movement YoY (¥ Mn) 1H 2026 +5% +1% 7,856 302 180 8,266 2,312 33 12 57 2,342 (67) (5) (0) (67) (5) +7% +7% -8% -5% -0% +6% +1% -8% -5% n/m Net Booking Value - Total Contribution YoY (¥ Mn) 1H 2026 Revenue Contribution YoY (¥ M
Slide 32: Gross Profit and EBITDA Movement YoY by segment
… u dg f d EB DA x Gross Profit Movement YoY (¥ Mn) 1H 2026 EBITDA Movement YoY (¥ Mn) 1H 2026 +6% +18% 919 23 12 59 972 453 5 11 98 534 19 (39) (2) (53) +7% +4% -16% -3% n/m +7% +38% -14% +36% n/m Gross Profit - Total Contribution (¥ Mn) 1H 2026 EBITDA - Total Contribution (¥ Mn) 1H 2026 206 62 10
Slide 33: Seera Investor Relations
Seera Investor Relations investors@seera.sa Seera Earnings Presentation | 13/08/2026
Slide 34: 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