Gulf International Services Qsc · QSE:GISS
Gulf International Services Qsc — Gulf International Services — Investor Presentation (December 2025)
30 slides from Gulf International Services Qsc's investor presentation, Dec 31, 2025
Slide 1: Gulf International Services Investor Relations Presentation
Gulf International Services Investor Relations Presentation 31st Dec. 2025
Slide 2: Disclaimer
DISCLAIMER The companies in which Gulf International Services Q.P.S.C. directly and indirectly owns investments are separate entities. In this presentation, “GIS” and “the Group” are sometimes used for convenience in reference to Gulf International Services Q.P.S.C. This presentation may contain for
Slide 3: Table of Content
TABLE OF CONTENT 1. About GIS 2. Group Structure 3. Board of Directors 4. Competitive advantages 5. Historical Results (2018 – 2025) 6. Results at a Glance (For the period ended 31 Dec 2025) 7. Segmental details (For the period ended 31 Dec 2025) 8. Governance structure Gulf International Services,
Slide 4: About GIS
CLASSIFICATION: C2 - CONFIDENTIAL jes Glos SL dgtga! eal! Gulf International Services asc About GIS
Slide 5: About GIS
About GIS • Gulf International Services Q.P.S.C. was • The authorized share capital is QR 2 billion with incorporated as a Qatari joint stock an issued share capital consisting of 1.85 Billion company on February 12, 2008. ordinary shares and 1 special share, with 100%* of the market capitalization
Slide 6: Group Structure
Group Structure • Through group companies, Gulf International Services operates in 3 distinct segments - insurance and reinsurance, drilling and aviation services • QatarEnergy owns 10% of GIS shares, and General Retirement and Social Insurance Authority owns ~21.9%. 30% • All of the subsidiaries ar
Slide 7: Board of Directors
Board of Directors The Board of Directors of the group consists of: Sheikh Khalid bin Khalifa Al Thani Chairman Mr. Saad Rashid Al-Muhannadi Dr. Mohammed Youssef Al-Mulla Vice Chairman Member Mr. Ali Jaber Hamad Al-Marri Sheikh Jassim Abdulla Al-Thani Member Member Mr. Mohammed Nasser Al-Hajri Mr. E
Slide 8: Competitive Advantages
Competitive Advantages • The only Qatari drilling • Sole provider of oil & gas services provider. helicopter services in Qatar • Maintaining market share of • One of the largest operator over 50% of offshore and the in the MENA. largest market share in the • Modern and well-maintained onshore oil &
Slide 9: Historical Results (2018-2025)
Historical Results (2018-2025)
Slide 10: Historical Results (2018-2025)
Historical Results(2018-2025) Note: CAGR means Compounded Annual Growth Rate Note: Net profit base year to calculate CAGR is 2019 Revenue (QR million) Net profit (QR million) • Revenue for 2025 recovered significantly on account of constructive business dynamics with better macroeconomic context • N
Slide 11: Results at a glance (For the period ended Dec 2025)
Results at a glance (For the period ended 31 Dec 2025)
Slide 12: Results at a Glance
Results at a Glance Revenue (QR million) YE-24 vs YE-25: The Group’s revenue was supported by stronger operational +8% performance, driven by the full consolidation of Gulf Drill and Gulf Jack-Up, -5% increased activity in the aviation segment due to higher MRO demand and 4,922 offshore flying hours
Slide 13: Results at a Glance
Results at a Glance Cash Balance (including Short- Term investments - QR million) Cash balances declined compared to the prior year, primarily due to dividend payments relating to the 2024 financial year in addition to loan repayment and claim payments from the insurance segment. Total cash balances
Slide 14: Net Profit
Net Profit For the period ended 31 Dec 2025 Amounts reported in QR’ millions Revenue gains were supported by strong performance across all segments, driven by improved asset utilization, consolidation benefits, and higher contributions from the aviation and insurance segments. However, these gains w
Slide 15: Segmental Details (For the period ended Dec 2025)
Segmental Details (For the period ended 31 Dec 2025)
Slide 16: Drilling Segment
Segmental Details Drilling Segment Gulf Drilling International (GDI) incorporated in 2004 as a joint venture between QatarEnergy (60%) and Japan Drilling Company (40%). In 2014, GIS acquired the remaining stake of GDI, resulting in GDI becoming a wholly owned subsidiary of GIS. GDI formed a jo
Slide 17: Drilling Segment
Segmental Details Drilling Segment Revenue • YE-24 vs YE-25: The drilling segment recorded strong revenue growth, QR million driven mainly by robust offshore operations and the full consolidation of Gulf Drill and Gulf Jack-Up following the acquisition of three jack-up rigs. This was further support
Slide 18: Drilling Segment
Segmental Details Drilling Segment 1 • YE-24 vs YE-25: Rig utilization reached 98% and contract Rig utilization (%) utilization reached 95% vs. 96% for last year. All rigs and lift boats are currently contracted except three onshore rigs which went off- contract and one offshore rig, which was lease
Slide 19: Aviation Segment
Segmental Details Aviation Segment Gulf Helicopter Company (GHC) is one of the leading commercial aviation service provider. With global footprints extending from Europe , Africa and Middle East, with a fleet of 68 aircrafts; GHC has 3 Direct subsidiaries: • Al Maha Aviation Company: 100% owners
Slide 20: Aviation Segment
Segmental Details Aviation Segment Revenue • YE-24 vs YE-25: The aviation segment recorded higher revenues year-on-year, driven by increased flying hours and improved MRO QR million performance, supported by higher third-party engine repair activity. +2% -2% • 3Q-25 vs 4Q-25: Segment revenue slightl
Slide 21: Aviation Segment
Segmental Details Aviation Segment Actual Flying hours • Total flying hours marginally increased on a year-on-year basis. With the domestic operation flying hours increasing by +1% +5% 4% while the international operations flying hours witnessed a reduction by 2% due to demobilization of one contrac
Slide 22: Insurance Segment
Segmental Details Insurance Segment Alkoot insurance, incorporated in 2003, is mainly engaged in business of medical and general insurance and reinsurance activities, in addition to vehicle insurance & individual insurance against risk of death and accidents. In 2008, QatarEnergy transferred the
Slide 23: Insurance Segment
Segmental Details Insurance Segment Revenue QR million • YE-24 vs YE-25: The segment recorded strong year-on-year +12% +10% revenue growth, driven mainly by higher premium in the medical insurance line, supported by the award of new contracts. 1,388 384 1,240 349 • 3Q-25 vs 4Q-25: Revenue increased
Slide 24: Insurance Segment
Segmental Details Insurance Segment Net claims incurred (QR ‘millions) • YE-24 vs YE-25: On year-on-year basis, net claims incurred +9% -2% increased due to rise in medical claims on the back of new policies added during the year in addition to higher claims 423 461 126 124 reported from the general
Slide 25: Catering Segment
Segmental Details Catering Segment Amwaj Catering Services Company, incorporated in 2006 as a wholly-owned subsidiary of QatarEnergy Amwaj was subsequently acquired by GIS in 2012. In 2023, post the transaction with Shaqab and Atyab. GIS new ownership in Amwaj is 30%. Amwaj Provides diverse
Slide 26: Catering Segment
Segmental Details Catering Segment Share of Revenue +3% QR million -1% • YE-24 vs YE-25: Share of revenue increased year-on-year, driven mainly by higher revenue from catering and related 416 428 107 106 support services following the mobilization of new contracts within the segment. • 3Q-25 vs 4Q-2
Slide 27: Governance Structure
CLASSIFICATION: C2 - CONFIDENTIAL Bulf International Services ast Governance Structure
Slide 28: Governance Structure
Governance Structure Board Structure Governance and Compliance • GIS Board of Directors consists of seven • GIS is firmly committed to implementing the (7) Directors, three (3) Directors of whom principles of good governance set out in the were appointed by the Special Governance Code for Companies
Slide 29: Governance Structure
Governance Structure Remuneration • Board of Directors Disclosure and Transparency • The Company has developed a periodically • The Board ensures that all disclosures are made in revisited remuneration policy for Board accordance with the requirements set by regulatory members. The policy has fixed
Slide 30: For further information, Gulf International Services can be contacted
For further information, Gulf International Services can be contacted as follows: Telephone: (974) 4013 2088 Fax: (974) 4013 9750 Email: gis.investorrelations@qatarenergy.qa or gis@qatarenergy.qa Address: P.O. Box 3212, Doha, State of Qatar Please refer to www.gis.com.qa for the latest information,
Gulf International Services — Investor Presentation (December 2025) on 6ix