Slide 1: Summary of results for 1H 2024
Summary of results for 1H 2024 September 6, 2024 OGOLNOPOLSKI DEWELOPER www.atal.pl
Slide 2: Agenda
Agenda + | OPERATING ACTIVITIES Noupwn> AWNo Investments in progress and in the pipeline Sales of flats Offer Handovers New lands Dividend Projects under construction - potential of handovers CONSOLIDATED FINANCIAL RESULTS Profit and loss account Ballance sheet Structured of debt maturity Business f
Slide 3: Operating activities
Operating activities
Slide 4: Investments in progress and in the pipeline
Operating activities Investments in progress and in the pipeline TSA - total saleable area PROJECTS BE fers "fone Wroctaw In progress Aglomeracja Staska Inprogress ‘eakow pone teak "pened Warszawa In progress Planned Tréjmiasto Inprogress Szczecin Inprogress SUMMARY In progress Planned NUMBER OF PRO
Slide 5: Sales of flats
Operating activities Sales of flats Annual number of flats sold 2018-2024 4258 3180 2896 | 24a 2833 13% 2091 ——— 1136 1289 2018 2019 2020 2021 2022 2023 1H 2023 1H 2024 Number of flats sold as divided by quarters 126 1161 1039 940 35 757 723 582 566 | 376 385 401 [ 2Q 2021 32021 4Q 2021 1Q 2022 2202
Slide 6: Number of flats sold compared to competitors in H1 2024
Operating activities Sales of flats 1954 Dom Development 1949 Develia Number of flats sold compared to competitors in H1 2024 1438 Murapol 1289 ATAL 1249 Robyg Echo Investment / Archicom Victoria Dom 350 | 258 Inpro Ronson Development 15 Lokum Deweloper
Slide 7: Offer
Operating activities Offer 4.053 2018 Number of flats offered in years 2018-2024 3104 2019 2020 2021 4639 2022 4519 2023 4249 1H 2023 6615 1H 2024
Slide 8: Handovers volume in H1 2024
Operating activities Handovers volume in H1 2024 Number of handed over flats by city Krakow 171 Lodz 278 — y— Warszawa 152 Trdojmiasto 137 —~ Poznan 27 — ~ “~———— Wroctaw 266 Aglomeracja Slaska 184 Handovers volume in H1 2024 city APARTMENTS / SERVICE PREMISES Krakow m Warszawa 152 Wroctaw 266 Aglom
Slide 9: Handovers volume in H1 2024
Operating activities Handovers volume in H1 2024 Number of handed over flats in years 2018 - 2024 2678 2018 1769 2019 3002 2020 3700 2021 3380 2022 2806 2023 959 1H 2023 1215 1H 2024
Slide 10: Handovers volume in H1 2024
Operating activities 10 Handovers volume in H1 2024 Handovers volume - TSA thou. m2 1H 2023 wrrost 32% 70,1 1H 2024 YEAR 2018 2019 2020 2021 2022 2023 1H 2023 1H 2024 TSA THOU. M2 157.4 98,4 164,7 213,5 196,9 159,0 53,0 70,1
Slide 11: New lands
Operating activities N New lands Funds allocated to land purchase in years 2018 - 2024 373 min PLN 402 tys. PUM 197 mln PLN _ 285 tys. PUM 194 min PLN 174 mln PLN 227tys. PUM 124 i PUM 89 mln PLN 164 tys. PUM 51 mln PLN | 86 tys. PUM 2020 2021 2018 2019 1H 2024 Land acquired in the Group in H1 2024
Slide 12: Dividend
Operating activities 12 Dyvidend Dividend paid for 2015 - 2023 2015 2016 2017 259 181 117 0 2018 2019 2020 2021 2022 2023 Dividend paid for 2023 Dividend rate: 11% on 27.06.2024 - dividend day Nominal amount of the dividend: PLN 259.3 million, wchich represents 76% of net result ATAL S.A. The total
Slide 13: Projects under construction - potential of handovers
Nowy Targówek V Warszawa 4 477 73 73 I kw. 2024 Strefa Cegielnia Kraków 7 482 144 143 I kw. 2024 ATAL City Square III Wrocław 15 534 256 227 I kw. 2024 Nowe Miasto Polesie IIIb Łódź 11 569 204 184 II kw. 2024 Żródlana 31 Residence Łódź 7 783 141 66 II kw. 2024 Apartamenty Ostródzka II Warszawa 3 863
Slide 14: Projects under construction - potential of handovers
ATAL City Square IV Wrocław 15 403 326 284 I kw. 2025 Nowe Miasto Polesie IV a Łódź 12 051 211 104 II kw. 2025 Ogrody Andersa Katowice 6 175 114 50 II kw. 2025 Aleja Pokoju V aparthotel Kraków 6 139 148 0 III kw. 2025 Naramowice Odnova Poznań 32 315 512 72 III kw. 2025 Osiedle Poematu II Warszawa 7
Slide 15: Projects under construction by city
Trójmiasto 15 136 805 2 452 Wrocław 5 75 670 1 354 Warszawa 6 50 667 922 Katowice 10 198 514 3 538 Łódź 7 160 572 2 907 Kraków 10 143 047 2 572 Poznań 8 133 921 2 384 Szczecin 2 32 412 574 63 931 608 16 703
Slide 16: Consolidated financial results
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Slide 17: Profit and loss account
Consolidated financial results 7 Consolidated financial results Profit and loss account PLN THOU Revenuesfrom sale of products, goodsand materials Costs of products, goods and materials sold Grossresult of sale Costs of sale Costs of general management Remaining operational revenues Remaining operat
Slide 18: Net revenues, net result and margins
Consolidated financial results 18 Consolidated financial results Net revenues from sales in PLN million 1679 1167 at 2019 2020 2021 Gross margin on sales 27 a 23.7% 20,3% 2019 2020 2021 1658 | 1500 2022 2023 204% 29.9% 2022 2023 430% 01 538 1H2023 1H 2024 28,6% 1H2023 1H 2024 Net result in PLN milli
Slide 19: Gross and net margin by quarters
Consolidated financial results 19 Consolidated financial results 25,5% 2Q 2021 18,6% 2Q 2021 Gross margin on sales by quarters 391% 36.2% | 32,7% 33,3% 29,6% 271% | | 2aa% 302% 28,7% 23,8% 25.2% | 3Q 2021 4Q 2021 1Q2022 = 2Q2022 3Q2022 42022 1Q2023 2Q2023 =3Q2023 =4Q2023 = 1Q2024 2Q 2024 Net margin
Slide 20: Balance sheet
Consolidated financial results 20 Consolidated financial results Balance sheet Assets in total in PLN million 3540 3 , PLN THOU. 30.06.2024 31.12.2023 VAR. Assetsin total 3804543 3539701 17% Fixed assets 189 307 188335, 1% Current assets 3615236 3351366 18% 1H 2024 Liabilities and capitalin total 38
Slide 21: Items of the financial results in PLN million
Consolidated financial results 21 242 2020 Inventory 2495 2324 2021 2022 495 398 2021 2022 2668 2023 2023 items of the financial results in PLN million 2975 1H 2024 533 1H 2024 789 2019 1621 2019 952 2020 1841 2020 Equity 1302 1166 | 2021 2022 Liabilities “a 1876 2021 2022 1699 2023 2023 1597 1H 202
Slide 22: Inventory, work in progress, finished products
Consolidated financial results Consolidated financial results in PLN million Inventory 2668 2023 2975 1H 2024 Work in progress 2657 2389 2023 1H 2024 Finished products 278 2023 317 1H 2024
Slide 23: Structure of debt maturity as at 30.06.2024
Consolidated financial results 23 Structure of debt maturity as at 30.06.2024 740 300 2025 I Bonds Loans granted by the shereholder HB Bank toans
Slide 24: Business financing sources
Consolidated financial results 24 Business financing sources in PLN million Prepayments from customers Equity 1597 y— Bank loans 100 Corporate bonds 340 ~~ Loans granted by the shereholder BUSINESS FINANCING SOURCES AS AT 30.06.2024 Equity Bank loans Loans granted by the shereholder Corporate bonds
Slide 25: Our achievements
25 Our achievements Start of construction works for 15 projects (3,235 flats) Sales lauched for 13 investments (3,026 flats) Construction works finalised for 8 investments (1,379 flats) Sale in H1 2024: 1,289 flats Handovers volume in H1 2024: 1,215 flats 40 investments (9,070 flats) are currently u
Slide 26: Appendix
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Slide 27: Appendix
Appendix 27 ATAL S.A. is one of Poland's leading developers. It specializes in housing estates, single multi-family houses located in Poland's largest cities. It is since June 2015 that the shares of ATAL S.A. have been officially listed on the Warsaw Stock Exchange. ATAL’s founder and leading share
Slide 28: ATAL S.A. capital group
ATAL S.A. Apartamenty ATAL Construction Sp. z o.o. 100% 100% Ostródzka Sp. z o.o. komandytariusz komplementariusz jednostka stowarzyszona Atal Construction Sp. z o.o. Sp. K. 100% ATAL Development GmbH Niemcy 49%
Slide 29: Management Board
Appendix Management Board Zbigniew Juroszek President of ATALS.A. ATALS.A’'s founder and main shareholder Responsible for determining the development direction and the implementation of the given strategy in the entire ATALS.A. Group 30 years of professional experience, 20 years of professional expe
Slide 30: Investments introduction to sale
Żerniki na Novo Wrocław I kw. 2024 296 Francuska Park IX Katowice I kw. 2024 168 Osiedle Przyjemne II Gdańsk I kw. 2024 107 Poznań I kw. 2024 Naramowice Odnova II 486 Wrocław II kw. 2024 Żerniki na Novo II 388 Gdańsk II kw. 2024 ATAL Symbioza 1A 91 Gdańsk II kw. 2024 Galaktyczna 144 Gdańsk II kw. 20
Slide 31: Projects completed
Strefa Cegielnia Kraków I kw. 2024 144 Apartamenty Ostródzka II Warszawa I kw. 2024 70 Nowe Miasto Polesie IIIb Łódź I kw. 2024 204 Żródlana 31 Residence Łódź/Piotrków I kw. 2024 141 Nowe Miasto Jagodno Enklawa Wrocław I kw. 2024 80 ATAL Sky+ - bud. D, E, F Katowice II kw. 2024 325 Panorama Reden Ka
Slide 32: Investor relationships
Investor relationships ATALS.A. ul. Stawowa 27 43-400 Cieszyn tel.: (+48) 33 857 59 12 fax: (+48) 33 857 59 02 ri@atal.pl www.atal.pl OGOLNOPOLSKI DEWELOPER