Tab Gida Sanayi Ve Ticaret A.s. · BIST:TABGD
Tab Gida Sanayi Ve Ticaret A.s — TAB Gıda Sanayi ve Ticaret A.Ş. — Q2 2025 Earnings Presentation
17 slides from Tab Gida Sanayi Ve Ticaret A.s's earnings presentation, Aug 15, 2025
Slide 1: 2Q 2025 Results Presentation
af}. susway Sete &) UstaPioesi. UstTASDONERGH 2OQ 7075 Results Presentatio 15 August 2025
Slide 2: Forward-looking statements
This presentation includes forward-looking statements, including but not limited to, statements regarding TAB Gıda Sanayi ve Ticaret A.Ş. (“TAB Gıda”)’s plans, objectives, expectations, and intentions, as well as other statements that are not historical facts. Forward-looking statements can generall
Slide 3: Revision of Financial Statements in Accordance with IAS 29
Revision of Financial Statements in Accordance with International Accounting Standard 29 (IAS 29) for Hyperinflationary Economies: Entities operating with a functional currency from a hyperinflationary economy are required to adjust their financial reports to reflect changes in general price levels
Slide 4: Business Overview
2Q 2025 Results Presentation TAB Kine aby susway Se) UstaPioeci. UstaS DONEC Popeyes 7 13 August 2025 Business Overview
Slide 5: Momentum Holds Strong in 2Q 2025 Amid Headwinds
Momentum Holds Strong in 2Q 2025 Amid Headwinds USTA DONERGi. wal @ UstaPipeci ~ 15,843 M ~ 11,113 M ~ 2,516 M + 47% YoY + 9% YoY + 4% YoY bs ® G 65.9M 14.6 M tickets 1,906 2,023 screens + 15% YoY + 12% YoY 58 new openings in 2Q25 + 345 in 2Q25 (89 New openings in 1H25) (+676 in 1H25) All financial
Slide 6: Opened 58 restaurants in 2Q 2025; growing share of franchise restaurants
Opened 58 restaurants in 2Q 2025 (89 in 1H 2025) Franchise restaurants account for 55% of our total openings in 1H Growing share of franchise 2025 restaurants Franchise share in restaurant 4 5% 4 6% 28% 36% 4 3% 44% portfolio increased to 46%, in line with our strategy 6
Slide 7: Brand and channel performance in 2Q 2025
58 openings in 2Q (24 Franchises); 1H total Self-order screens now installed in around Gaining market share and growing volume, Competitive value meal pricing, while 89 (49 Franchises), with strong franchisee 60% in Burger King, Popeyes, and Arby’s leveraging scale for affordability passing cost inf
Slide 8: Digital journey and restaurant modernization
o Seamless integration of self-order screens, QR ordering, and Tıkla Gelsin for frictionless digital journey o Personalized promotions and dynamic pricing driving repeat purchases and loyalty o Strengthened digital loyalty programs and data-driven targeting to boost retention o Advanced thermal pack
Slide 9: Marketing campaigns and channel reach
o Engaged kids, families, and Gen Z through lifestyle-focused, cross-brand campaigns o Wide channel reach via Tikla Gelsin, aggregators, and in-store promotions o Seasonal partnerships (movies, festivals) deepened emotional connection and o Leveraging AI to create engaging marketing content drove ef
Slide 10: Financial Overview
2Q 2025 Results Presentation TAB hing aby supway Se) UstaPioeci, UstaSDONERGL Popeyes 7 13 August 2025 Financial Overview
Slide 11: 2Q 2024 vs 2Q 2025 financial results
2Q 2024 2Q 2025 YoY Growth ¹ ¹Adjusted EBITDA is calculated by deducting operating expenses (G&A and marketing expenses) from gross profit and adding depreciation and amortization, waste oil income, and salary protocol income. 11
Slide 12: Profitability margins by brand
¹ ¹ ₺ ₺ 9.3% ₺ ₺ 10.2% ₺ ₺ 2.0% ₺ ₺ 6.1% -1.3 pp -0.6 pp ² ₺ ₺ 4.1% ₺ ₺ 7.4% -1.2 pp -0.5 pp ₺ ₺ 9.3% ₺ ₺ 18.7% ²Adjusted EBITDA is calculated by deducting operating expenses (G&A and marketing expenses) from gross profit and adding depreciation and amortization, waste oil income, and salary protoco
Slide 13: 1H profitability margins
¹ ¹ 15% 16% ₺ ₺ 27% ₺ ₺ 31% ₺ ₺ 47% ₺ ₺ 52% ₺ ₺ 49% ₺ ₺ 52% ₺ ₺ 45% ₺ ₺ 52% -0.8 pp -0.1 pp ² ₺ ₺ 43% ₺ ₺ 49% -0.9 pp -0.4 pp ²Adjusted EBITDA is calculated by deducting operating expenses (G&A and marketing expenses) from gross profit and adding depreciation and amortization, waste oil income, and
Slide 14: Working Capital Management and Capital Expenditures
Working Capital Management and Capital Expenditures All figures in million TL 1H 2025 FY 2024 9.6% Trade Receivables & Other ST Receivables 2,929 2815 Inventories 556 459 Trade Payables & Other ST Payables 4,541 3,917 Net working capital -1,056 -642 1H 2024 1H 2025 mmmCapex -*-Capex / Revenues @) Sy
Slide 15: Net cash and debt position
(38) Short-term debt (Million TL) Short-term Financial Debt Current Portion of Long-term Financial Debt Long-term Financial Debt Cash and Cash Equivalents IFRS-16 Related Short-term Leasing Liabilities IFRS-16 Related Long-term Leasing Liabilities Net cash (including lease obligations) abe suowme (3
Slide 16: 2025 outlook
(IAS 29 unadjusted basis) ✓ Capitalizing on opportunities that are present in the market ✓ Topline to grow at 45-50% ✓ Driven by customer growth and accelerated restaurant openings ✓ EBITDA margin remains strong ✓ Continue focusing on long-term sustainable profitable growth 16
Slide 17: Thank you
Thank you fine af susway Set () usaPieci. UstASSDONERGI Popeves,
TAB Gıda Sanayi ve Ticaret A.Ş. — Q2 2025 Earnings Presentation on 6ix