Slide 1: Presentation of H1 2023 Results
DOM DEVELOPMENT S.A. CONSOLIDATED GROUP PRESENTATION OF H1 2023 RESULTS 29 AUGUST 2023
Slide 2: The First Half of 2023 at Dom Development Group
THE FIRST HALF OF 2023 AT DOM DEVELOPMENT GROUP 1 845 PLN 715k 17.6k UNITS SOLD AVERAGE VALUE UNITS IN LAND BANK +18% YoY per sold flat Record-high development potential 71 points PLN 11 per share PLN 666m NET PROMOTER SCORE FOR THE FIRST HALF OF 2023 * RECORD-HIGH DIVIDEND FOR 2022 CASH AS AT 30.06
Slide 3: H1 2023 Financial Summary
H1 2023 FINANCIAL SUMMARY REVENUES H1 2023 PLN 1 275m H1 2022 PLN 1 329m CHANGE PLN -54m -4.1% 31% GROSS MARGIN H1 2022: 31% NET PROFIT H1 2023 PLN 223m H1 2022 PLN 236m CHANGE PLN -13m -5.5% 32% ROE 12M 12M to 06.2022: 29% NET CASH 30.06.2023 PLN 311m 30.06.2022 PLN 214m CHANGE PLN 97m +45% -23% GE
Slide 4: H1 2023 Market Situation
H1 2023 MARKET SITUATION • Increased demand - interest rate stability; KNF (Polish Financial Supervision Authority) relaxation of creditworthiness criteria; anticipation of "2% Safe Credit" scheme • Increase in housing prices - driven by high inflation and limited supply • High inflation and negativ
Slide 5: Sales
SALES ATTRACTIVE AND DIVERSIFIED OFFER TRANSLATES INTO CONTINUED QUARTER-ON-QUARTER SALES GROWTH No. of units H1 H1 Change Net sales (units) 2023 2022 YoY Warsaw 833 833 0% Tri-City 462 439 5% Wroclaw 313 176 78% 914 931 801 831 Cracow 237 111 114% 703 Dom Development 1 845 1 559 18% Group Q2 2022 Q
Slide 6: H1 2023 Sales Segmentation
H1 2023 SALES SEGMENTATION SALES OF HIGH-END APARTMENTS TRANSLATE INTO STRONG MARKET POSITION OF THE GROUP Dom Development Group H1 2023 sales value segmentation over PLN 800k 25% Average transaction H1 H1 Change value (PLN k) 2023 2022 YoY PLN 800-700k 13% Warsaw 816 709 15% PLN 700-600k 19% Tri-Ci
Slide 7: Available Units for Sale - Under Construction/Completed
AVAILABLE UNITS FOR SALE - UNDER CONSTRUCTION/COMPLETED OFFER KEEPS UP WITH GROWING DEMAND No. of units available for sale Group offer 30.06. 30.06. Change by location 2023 2022 YoY Warsaw 739 1 160 (36)% 2 657 2 579 Tri-City 868 855 2% 2 280 2 312 2 082 Wroclaw 637 376 69% Cracow 335 266 26% Dom De
Slide 8: Launches in Q2 2023
LAUNCHES IN Q2 2023 WARSAW 139 units 122 units 71 units 108 units 600m from Al. Jerozolimskie railway with comfortable access to both in the heart of in the heart of the station in the district of Włochy the city centre and outskirts leafy Mokotów leafy district of Wawer WROCLAW 159 units 187 units
Slide 9: Units Under Construction
UNITS UNDER CONSTRUCTION DEVELOPING PROJECTS AS PER PLAN No. of units Units under 30.06. 30.06. Change construction 2023 2022 YoY Warsaw 3 079 3 532 (13)% 7 245 7 059 6 763 Tri-City 1 778 2 317 (23)% 6 375 5 779 Wroclaw 1 274 846 51% Cracow 632 550 15% Dom Development 6 763 7 245 (7)% Group* 30/06/2
Slide 10: Land Bank – Owned and Controlled
LAND BANK – OWNED AND CONTROLLED HIGH QUALITY, DIVERSIFIED LAND BANK No. of units to be developed 17 871 17 596 17 090 17 125 16 078 Change Land Bank Owned Controlled Total QoQ 6 562 4 077 5 373 5 433 3 676 Warsaw 6 377 3 560 9 937 9% Tri-City 3 989 662 4 651 5% Wroclaw 1 034 558 1 592 (9)% 13 048 1
Slide 11: Deliveries
DELIVERIES HIGH NPS SATISFACTION RATE ACHIEVED WITH A HIGH VOLUME OF DELIVERIES – UNDERSCORES BRAND REPUTATION No. of units 74 74 70 68 69 H1 H1 Change Deliveries in units 2023 2022 YoY Warsaw 1 088 1 294 (16)% 1350 Tri-City 580 548 6% 1084 1068 Wroclaw 168 236 (29)% 648 Cracow 162 100 62% 420 Dom D
Slide 12: Cumulative Net Sales to Be Recognized in P&L
CUMULATIVE NET SALES TO BE RECOGNIZED IN P&L (UNITS SOLD BUT NOT DELIVERED - PRESALES) SIGNIFICANT REVENUE POTENTIAL TO BE RECOGNIZED IN UPCOMING QUARTERS 3 000 PLN m 2 500 2 000 1 500 1 000 Value 30.06.2022 4 510 units PLN 2 861m 30.06.2023 4 399 units*, including: PLN 2 995m 500 • 493 finished uni
Slide 13: Profit and Loss Account
PROFIT AND LOSS ACCOUNT OUR PROFIT LEVELS REMAIN HIGH *IAS 15 (revenue from sale of finished goods recognized on deliveries), figures in PLN m 13
Slide 14: Balance Sheet
BALANCE SHEET STRONG AND STABLE BALANCE SHEET PROVIDES SECURITY AND A BASIS FOR FURTHER GROWTH PLN m 4 400 4 200 ASSETS 30.06.2023 30.06.2022 Change 4 000 CASH Current Assets, including 4 208 3 906 8% 3 800 Cash 666 575 16% DEFFERED SHORT-TERM LIABILITIES 3 600 INCOME Incl. escrow accounts 75 77 (3)
Slide 15: Debt Maturity Structure
DEBT MATURITY STRUCTURE CAPITAL AVAILABILITY AND STAGGERED DEBT MATURITIES ALLOW FOR OPERATIONAL FLEXIBILITY PLN m 666 PLN m CASH 110 100 395 PLN m 50 UNDRAWN CREDIT LINES 50 45 2023 2024 2025 2026 2027 Bonds Bank loans As of 30.06.2023 15
Slide 16: Summary: H1 2023
SUMMARY: H1 2023 • Strengthening position across all markets • Rapid upscaling of operations in Cracow as anticipated • Increased share of mortgage customers aided by relaxed affordability criteria and stable (potentially decreasing) interest rates • Handover of 1,998 units at an average value of 61
Slide 17: Appendices
DOM DEVELOPMENT APPENDICES
Slide 18: Commencement of Handovers in Q3-Q4 2023
COMMENCEMENT OF HANDOVERS IN Q3-Q4 2023 NO. OF COMMENCEMENT NO. OF COMMENCEMENT PROJECT / PHASE LOCATION PROJECT / PHASE LOCATION UNITS OF HANDOVERS UNITS OF HANDOVERS OSIEDLE BEAUFORTA 2 BUILINGS A1-A4 TRI-CITY 186 JUL’23 NOWODWORSA 43 WROCLAW 36 OCT’23 DOM NA SŁUŻEWCU WARSAW 108 JUL’23 KONSTELACJA
Slide 19: Projects Under Construction & in Preparation: Warsaw
PROJECTS UNDER CONSTRUCTION & IN PREPARATION: WARSAW ( AS OF 30/06/2023) UNDER IN NO PROJECT CONSTRUCTION PREPARATION 1 METRO ZACHÓD 1 152 1 670 2 LITERACKA --- 530 13 3 APARTAMENTY KOŁO PARKÓW (CIOŁKA) 133 --- 4 APARTAMENTY LUDWIKI 432 --- 14 5 URBINO 319 646 2 15 6 ALEJE JEROZOLIMSKIE 122 261 1 3
Slide 20: Projects Under Construction and in Preparation: Tri-City
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: TRI-CITY (AS OF 30/06/2023) UNDER IN NO PROJECT 16 CONSTRUCTION PREPARATION 1 PERSPEKTYWA 306 --- 2 DOKI 498 489 3 DOLNE MIASTO --- 999 4 SYNTEZA 102 407 5 LEMA 189 --- 14 15 11 6 GDAŃSK WARSZAWSKA --- 350 12 13 10 7 GDAŃSK KARTUSKA --- 110 8 DYNAMIKA
Slide 21: Projects Under Construction & in Preparation: Wroclaw
PROJECTS UNDER CONSTRUCTION & IN PREPARATION: WROCLAW (AS OF 30/06/2023) 2 UNDER IN NO PROJECT CONSTRUCTION PREPARATION 1 OSIEDLE CHOCIEBUSKA 11 196 --- 9 2 BRANIBORSKA 187 210 4 66 10 3 OSIEDLE KOMEDY 115 --- 2 4 ZIELNA 341 --- 2 55 1 7 5 APARTAMENTY NAD RZEKĄ (CENTRUM) 152 --- 6 6 OSOBOWICKA 114 8
Slide 22: Projects Under Construction & in Preparation: Cracow
PROJECTS UNDER CONSTRUCTION & IN PREPARATION: CRACOW (AS OF 30/06/2023) UNDER IN NO PROJECT CONSTRUCTION PREPARATION 1 GÓRKA NARODOWA 391 454 2 29 ALEJA 151 300 1 3 MALBORSKA 90 69 2 TOTAL CRACOW 632 823 3 2 2 22
Slide 23: Contact for investors
Contact for investors : Joanna Czwarno Katarzyna Smulska tel. +48 600 759 296 tel. +48 664 140 222 e-mail: joanna.czwarno@domd.pl e-mail: katarzyna.smulska@domd.pl www.inwestor.domd.pl Dom Development S.A. endeavors to ensure that the information in the presentation is complete, up-to-date and accur