Express Kenya Ltd · NSEKE:XPRS
Express Kenya — Shareholder Meeting (June 2026)
13 slides from Express Kenya's shareholder meeting presentation, June 2026
Slide 1: Annual General Meeting 2026
ANNUAL GENERAL MEETING 2026 EXPRESS K E N YA P L C Driven by Purpose. Powered by Vision. Ready for the Future. 100+ Years of Trusted Service · NSE Listed E X P R E S S K E N YA P L C · ANNUAL GENERAL MEETING 2026 · PROJECT NEXUS
Slide 2: Today's Agenda
TODAY'S AGENDA Express Kenya PLC · Annual General Meeting 2026 Project Nexus Update 01 Four-phase vision, site & investment summary Phase 1 — Express Square Progress 02 Construction photo update: Aug 2025 – May 2026 Phase 2 — Residential Development 03 Groundbreaking ceremony · JV with Terui · April
Slide 3: Project Nexus — Overview
PROJECT NEXUS — OVERVIEW A Diversified Multi-Phase Development Transforming the Nairobi Skyline Phase 1 Express Square On Track Opening August 2026 Phase 2 1,320 Apartments (JV ) Groundbreaking 2026 Phase 3 Commercial Mall 200K sqft Q2 2027 – Q2 2029 Phase 4 Medical Centre + 450 Apts Q2 2029 – Q3 20
Slide 4: Express Square — Construction Progress
EXPRESS SQUARE — CONSTRUCTION PROGRESS August 2025 – May 2026 · Site Mobilisation through Finishing Works Aug 2025 Sep 2025 Nov 2025 Nov 2025 Nov 2025 Silo craned in 3 silos erected Site clearance Material delivery Column formwork Dec 2025 Jan 2026 Mar 2026 Apr 2026 May 2026 Slab poured 2-story fram
Slide 5: Phase 2 — Residential Development Groundbreaking
PHASE 2 — RESIDENTIAL DEVELOPMENT G RO U N DBR E A K I N G 2 0 2 6 Project: JV Residential Development Phase: Phase 2 — Project Nexus Delivery: Q4 2026 – Q4 2029 (Phased) Units: 1,320 Apartments Types: 1, 2 & 3 Bedroom + DSQ Amenities: Pool · Gym · Playground · Parking KES 7.65B Project Investment S
Slide 6: Project Nexus — Master Timeline
PROJECT NEXUS — MASTER TIMELINE Q3 2025 through Q3 2030 · Four-Phase Development Plan 2025 2026 2027 2028 2029 2030 Phase 1 — Express Square Completion Strip Mall & Petrol August 2026 Station Phase 2 — Residential Development 1,320 Apartments (JV Terui) Groundbreaking 2026 Phase 3 — Commercial Mall
Slide 7: Financial Snapshot: Statement of Profit or Loss
FINANCIAL SNAPSHOT Investment Values, Revenue Streams & Shareholder Returns F I V E M O N T H S T O 3 1 M AY 2 0 2 6 · P E R F O R M A N C E Statement of Profit or Loss FIGURES IN SHS ‘000 5 Months to 31 May 12 Months to 31 Dec After successive years of losses, the period returned to 2026 2025 profi
Slide 8: Financial Snapshot: Statement of Financial Position
FINANCIAL SNAPSHOT Investment Values, Revenue Streams & Shareholder Returns F I N A N C I A L S TAT E M E N T S Statement of Financial Position S H S ‘ 0 0 0 · M AY 2 0 2 6 / D E C 2 0 2 5 EQUITY & LIABILITIES ASSETS Share capital 238,557 238,557 Property, plant & equipment 275,776 287,673 Share pre
Slide 9: Financial Snapshot: Statement of Changes in Equity
FINANCIAL SNAPSHOT Investment Values, Revenue Streams & Shareholder Returns F I N A N C I A L S TAT E M E N T S Statement of Changes in Equity FIGURES IN SHS ‘000 EQUITY MOVEMENT Share capital Share Reval. reserve Accum. Shs '000 Shs '000 Total +242,414 premium losses Shs '000 Shs '000 Shs '000 At s
Slide 10: Financial Snapshot: Abridged Statement of Cash Flows
FINANCIAL SNAPSHOT Investment Values, Revenue Streams & Shareholder Returns F I N A N C I A L S TAT E M E N T S Abridged Statement of Cash Flows FIGURES IN SHS ‘000 5 Months to 31 May 12 Months to 31 Dec 2026 2025 Shs '000 Shs '000 O P E R AT I N G C A S H F L O W Cash at start of year 1,319 608 Ope
Slide 11: Six-Year Trend: Gross Position
FINANCIAL SNAPSHOT Investment Values, Revenue Streams & Shareholder Returns SIX-YEAR TREND Gross Position AMOUNT IN SHS ‘000 (41,826) (48,542) (46,274) (63,610) (71,464) (78,914) 2021 2022 2023 2024 2025 2026 5 mo Gross loss for the five months to May 2026 stood at Shs 41,826 — a partial-year figure
Slide 12: Six-Year Trend: Net Position After Tax
FINANCIAL SNAPSHOT Investment Values, Revenue Streams & Shareholder Returns SIX-YEAR TREND Net Position After Tax AMOUNT IN SHS ‘000 242,414 81,128 (82,978) (103,425) (107,906) (125,019) 2021 2022 2023 2024 2025 2026 5 mo The period returned to a net surplus of Shs 242,414 — the strongest net result
Slide 13: Thank You
THANK YOU We look forward to building the skyline together. www.expresskenya.co.ke info@expresskenya.com Express Kenya PLC · NSE Listed · 100+ Years of Trusted Service E X P R E S S K E N YA P L C · ANNUAL GENERAL MEETING 2026 · PROJECT NEXUS