City Lodge Hotels Limited · JSE:CLH
City Lodge Hotels — H1 FY2026 Earnings Presentation
22 slides from City Lodge Hotels's earnings presentation, February 2026
Slide 1: Results Presentation
RESULTS PRESENTATION For the six months ended 31 December 2025
Slide 2: Disclaimer
DISCLAIMER Certain statements in this document may constitute ’forward looking inducement to subscribe for or purchase any securities, and nothing statements’. Such forward looking statements reflect the company’s contained herein shall form the basis of any contract or commitment I NT E R IM belief
Slide 3: HY2026 Financial Highlights
HY2026 FINANCIAL HIGHLIGHTS GROUP OCCUPANCY AVERAGE ROOM RATE REVENUE I NT E R IM 61.6% 4.2% up 4% R1.14bn 12% HY2025: 57.4% points HY2025: up 10% HY2025: R1.02bn R E S U L T S ADJUSTED EBITDAR ADJUSTED EBITDAR MARGIN ADJUSTED HEADLINE EARNINGS R371m 32.5% HY2025: R319m 16% HY2025: 31.2% 1.3% points
Slide 4: Operational Review
OPERATIONAL • Group occupancy – 61.6% up 4.2% points from HY2025 • Average room rates – up by 4% (HY2025: up by 10%) REVIEW • Revenue – up by 12% to R1.14 billion (HY2025: R1.02 billion) • Rooms revenue – up 10% to R898.6 million (HY2025: R815.0 million) I NT E R IM • Food & beverage revenue – up 17
Slide 5: Capital Allocation
CAPITAL ALLOCATION I NT E R IM • The group repurchased 36 million (6%) of issued shares at an average price of R4.00 per share, for a total consideration of R145 million. • Cash generated by operations increased by 39% to R347.3 million (HY2025: R250.5 million). R E S U L T S • Group has access to R
Slide 6: Courtyard Hotel Gqeberha Refurbishment
6 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED COURTYARD HOTEL GQEBERHA REFURBISHMENT
Slide 7: Courtyard Hotel Gqeberha Refurbishment
7 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED COURTYARD HOTEL GQEBERHA REFURBISHMENT
Slide 8: City Lodge Hotel JNB Intl Airport Barbara Road, Refurbishment
I NT E R IM R E S U L T S 8 S I X M O N T H S T O 3 1 D E C M E B E R CITY LODGE HOTEL JNB INTL AIRPORT CAPITAL ALLOCATION BARBARA ROAD, REFURBISHMENT 2 0 2 5 CONTINUED
Slide 9: City Hotel Umhlanga Ridge Refurbishment
9 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED CITY HOTEL UMHLANGA RIDGE REFURBISHMENT
Slide 10: City Hotel Umhlanga Ridge Refurbishment
10 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED CITY HOTEL UMHLANGA RIDGE REFURBISHMENT
Slide 11: City Hotel V&A Waterfront Refurbishment
11 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED CITY HOTEL V&A WATERFRONT REFURBISHMENT
Slide 12: City Hotel V&A Waterfront Refurbishment
12 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED CITY HOTEL V&A WATERFRONT REFURBISHMENT
Slide 13: City Hotel V&A Waterfront Refurbishment
13 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED CITY HOTEL V&A WATERFRONT REFURBISHMENT
Slide 14: City Hotel V&A Waterfront Refurbishment
14 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 ALLOCATION CAPITAL CONTINUED CITY HOTEL V&A WATERFRONT REFURBISHMENT
Slide 15: Group Hotel Portfolio
GROUP HOTEL PORTFOLIO I NT E R IM R E S U L T S 15 S I X M O N T H S T O 3 1 Appealing to business, Delighting in giving Properties are smart Economy with all of guests what its slogan and aesthetically the operational D E C M E B E R leisure and long-stay travellers looking for promises, which plea
Slide 16: Our Operating Footprint
OUR OPERATING FOOTPRINT I NT E R IM R E S U L T S 4 Courtyard Hotels 405 rooms 16 18 City Lodge Hotels 3 120 rooms S I X M O N T H S 12 Town Lodges 1 507 rooms 23 Road Lodges 2 273 rooms T O 3 1 D E C M E B E R 57 7 305 49.30% hotels rooms of rooms 2 0 2 5
Slide 17: Group Structure
17 I NT E R IM R E S U L T S S I X M O N T H S T O 3 1 D E C M E B E R 2 0 2 5 STRUCTURE GROUP
Slide 18: Our Board
OUR BOARD I NT E R IM Bulelani Ngcuka Frank Kilbourn Karen Classen Stephen Enderle R E S U L T S Chairman & independent Deputy chairman Independent non- Non-executive director non-executive director & Independent non- executive director executive director 18 S I X M O N T H S Deon Huysamer Dr Sizake
Slide 19: Our Management Team
OUR MANAGEMENT TEAM I NT E R IM Andrew Widegger Dhanisha Nathoo Lindiwe Siddo R E S U L T S Chief executive officer Chief financial officer Chief operating officer 19 S I X Naynesh Parbhoo Marcel Kobilski Ross Phinn Melanie van Heerden M O N T H S Divisional director Divisional director Divisional d
Slide 20: Top 20 Investors
TOP 20 INVESTORS AS AT END DECEMBER 2025 Rank Top20 Investors % Holding I NT E R IM 1 Allan Gray 14,78% 81 973 856 2 Enderle SA (Pty) Ltd 9,80% 54 358 553 3 Abax Investments 7,87% 43 633 858 R E S U L T S 4 Peregrine Capital 6,43% 35 637 273 5 HSBC Securities SA 5,41% 29 997 909 6 Ninety One 5,30% 2
Slide 21: Outlook
OUTLOOK • Pace of economic growth in South Africa is improving following the I NT E R IM momentum from the last quarter of the 2025 calendar year. • January 2026 – Total revenue is up 4% - ARR is up 9%; F&B revenue is R E S U L T S up 9%, however occupancy is down by 2% points to 42% (2025: 44%). •
Slide 22: Life is hard. Check into easy.
life is hard. check into easy.