AlAmar Foods Co. · TADAWUL:6014
AlAmar Foods — Q3 2026 Earnings Presentation
25 slides from AlAmar Foods's earnings presentation, Nov 9, 2026
Slide 1: Earnings Presentation Third Quarter 2026
EARNINGS PRESENTATION THIRD QUARTER 2026 9 November 2026
Slide 2: Agenda for Today's Earnings Call
9 November 2026 2 Agenda for Today’s Earnings Call Q3 2026 results · 9 November 2026 01 Q3 2026 Key Messages 02 Alamar at a Glance 03 Financial Performance 04 Q&A
Slide 3: Q3 2026 Key Messages
9 November 2026 3 Q3 2026 Key Messages
Slide 4: Another quarter of strong growth and increased profitability
9 November 2026 4 Another quarter of strong growth and increased profitability… Adj. net profit Adj. EBITDA Revenue +33% YoY +49% YoY +24% YoY SAR 293.7mn SAR 39.4mn SAR 24.0mn +12% excl. Five Guys Margin 13.4%, +0.9pp YoY Margin 8.2%, +1.4pp YoY Comments on Q3 2026 • Double-digit revenue growth acr
Slide 5: Confidence in our FY 2026 outlook
9 November 2026 5 …which gives us confidence in our FY 2026 outlook Revenue growth YoY (excl. Five Guys) Adj.² EPS growth YoY 9M 2026 FY 2026 outlook¹ 9M 2026 FY 2026 outlook¹ +11% +10–14% +37% +30–50% Q4 revenue drivers Q4 earnings drivers • New product launches and seasonal campaigns • Operating l
Slide 6: Our 2026 priorities are delivering measurable results
9 November 2026 6 Our 2026 priorities are delivering measurable results Strategic priority Proof points 1 Disciplined expansion and network upgrade +10–40% same-store sales uplift at the last 10 relocated stores in KSA 2 Integration of strategic transactions +20%+ Five Guys sales uplift vs prior yea
Slide 7: Better stores, better formats, better locations
9 November 2026 7 Better stores, better formats, better locations 14 19 YTD net new stores stores in the pipeline excluding Five Guys 13 17 relocations in 2026 refurbishments in 2026
Slide 8: New products, new customers, new occasions
9 November 2026 8 New products, new customers, new occasions
Slide 9: Always staying close to the moments that matter
9 November 2026 9 Always staying close to the moments that matter Ehsan partnership Strategic partnership with the national Ehsan charitable platform, enabling customers to donate with every Domino’s purchase in KSA From surplus to soil With Oilfy, surplus food products turned into lab-tested premiu
Slide 10: A decade alongside Vision 2030
9 November 2026 10 A decade alongside Vision 2030 Local leadership Local tastes Local partners Local trends Saudi leaders who know their customers Menus built around local favorites Collaborations with Saudi brands and Present where the Kingdom gathers institutions 74 cities served across the Kingdo
Slide 11: A bigger, more profitable Alamar than two years ago
9 November 2026 11 Stepping back: a bigger, more profitable Alamar than two years ago… LTM revenue (SAR mn) LTM adj. net income¹ (SAR mn) +79 +21% +92% stores added since September 2024 1,071 63 888 25 stores relocated since September 2024 33 2 acquisitions completed and successfully integrated Makk
Slide 12: Built on a stronger operating platform
9 November 2026 12 …built on a stronger operating platform… Service reliability Supply-chain resilience Customer satisfaction Customer care Average delivery time, KSA¹ Local sourcing, KSA Net Promoter Score² Average resolution time Non-core Core Delivery orders, vs 9M 2024 KSA −44% +93% KSA −95% +64
Slide 13: Ready for the next chapter of growth
9 November 2026 13 …and ready for the next chapter of growth 2024–2026 Q4 2026 FY 2026 results call, 2027 Operating model Deliver the FY 2026 Updated strategy and strengthened; Makkah outlook; continue medium-term guidance and Five Guys assessing selective integrated acquisition opportunities Our st
Slide 14: Alamar at a Glance
9 November 2026 14 Alamar at a Glance
Slide 15: Leading QSR player in MENA region, backed by strong brands
9 November 2026 15 Leading QSR player in MENA region, backed by strong brands… Our brands Our network Revenue by region 773 Share of Q3 2026 revenue 82% Saudi Arabia of Q3 2026 revenue¹ restaurants 68% 7% 80% Corporate 20% Sub-franchised Other GCC and Levant of Q3 2026 revenue¹ Stores by brand 20% 1
Slide 16: Advanced digital capabilities, capex-light expansion and solid cash generation
9 November 2026 16 …with advanced digital capabilities, capex-light expansion model and solid cash generation Order channels Integrated mobile app Revenue split by service method (%) AI-driven WhatsApp chatbot 71% Aggregators digital revenue share in 9M 2026 38% 35% 32% 31% 29% Call centre In-store
Slide 17: Financial Performance
9 November 2026 17 Financial Performance
Slide 18: Q3 2026 Financial Highlights
9 November 2026 18 Q3 2026 Financial Highlights Revenues Gross Profit Adj. EBITDA Net Profit to Shareholders 294 SAR mn 87 SAR mn 39 SAR mn 21 SAR mn +24% YoY +26% YoY +33% YoY +34% YoY Adj. Net Profit to Operating Cash Flow Free Cash Flow Net Debt Shareholders 24 SAR mn 43 SAR mn 31 SAR mn 73 SAR m
Slide 19: Total store count increased to 773 restaurants
9 November 2026 19 Total store count increased to 773 restaurants as of Q3 2026, up 5.5% YoY Group store count by region Q3 25 Q3 26 Group store count by brand Brand Q3 25 Q3 26 YoY +46 Domino’s 661 686 25 +4 excl. Makkah & FG 344 Dunkin’ 72 74 2 298 −21 Five Guys 0 13 13 +8 excl. Makkah +9 +6 Total
Slide 20: Strong double-digit revenue growth across all regions and brands
9 November 2026 20 Strong double-digit revenue growth across all regions and brands, with accelerating KSA momentum and Five Guys’ first full-quarter contribution Revenues +24% YoY SAR mn Revenue performance trends Q3 2026 278.9 293.7 261.4 • Group revenue grew 24.1% YoY, or 12.0% excluding Five Guy
Slide 21: Revenue growth translated into margin expansion
9 November 2026 21 Revenue growth translated into margin expansion Adj. EBITDA margin (%) +0.9pp YoY Profitability trends Q3 2026 12.6% 13.3% 12.7% 13.4% • Adjusted EBITDA grew 32.6% YoY to SAR 39.4mn, with margin up 0.9pp to 13.4%, supported by operating leverage, Five Guys’ 7.3% contribution and d
Slide 22: Sales momentum and margin gains underpin rising net profit
9 November 2026 22 Sales momentum and margin gains underpin rising net profit Net profit to shareholders Adj. net profit to shareholders EBITDA reconciliation SAR mn SAR mn +34% YoY +49% YoY SAR mn Q3 2026 20.9 24.0 Net income to shareholders 20.9 15.7 17.5 16.0 19.1 16.1 17.5 Minority interest (1.2
Slide 23: Robust operating cash flow supports consistent dividends and growth investment
9 November 2026 23 Robust operating cash flow supports consistent dividends and continued investment in growth Cash & cash equivalents movement YTD SAR mn Cash flow performance and balance sheet +124.1 (129.6) • Operating cash flow reached SAR 124.1mn in 9M 2026 versus SAR 89.4mn in 9M 2025, support
Slide 24: Q&A
9 November 2026 24 Q&A
Slide 25: Thank You
THANK YOU SA