Boubyan Petrochemical Co. (k.s.c.) · KSE:BPCC
Boubyan Petrochemical Co. (k.s.c.) — Boubyan Petrochemical Co. (K.S.C.P) — Q2 FY2025/26 Earnings Presentation
10 slides from Boubyan Petrochemical Co. (k.s.c.)'s earnings presentation, Nov 20, 2025
Slide 1: Cover letter to Boursa Kuwait on analysts conference results
er) GhigleSg lt yLirgs AS cd = BOUBYAN PETROCHEMICAL Co. (KS.C.P) Date: 20" Nov. 2025 2025 yro35i 20 tel Ref: IM/464/ HT - YA IM/464/ HT - YA tapi! To: Boursa Kuwait . Chrarok! ugSl Ayergs / Soli! Dear Sirs, vee hang Aube Ayes Subject: Results of Analysts Conference Colle! paige gilts ‘gall Held on
Slide 2: Disclosure of Material Information Form
weer) ChigherSg rl) GLiags AS pit BOUBYAN PETROCHEMICAL Co. (K.s.c.P) Aapdgall slaglall Ge clad¥l ¢igei Disclosure of Material Information Form Date: 20'" Nov. 2025 Name of the listed Company: Boubyan Petrochemical Co. (BPC) *"** Material Information: The Analysts’ Conference for Q2 ended 31/10/2025
Slide 3: Boubyan Petrochemical Company Investor Update – October 31st, 2025 results
Boubyan Petrochemical Company Investor Update – October 31 st , 2025 results
Slide 4: Boubyan Petrochemical Company – 2Q25/26 results
Boubyan Petrochemical Company – 2Q25/26 results • Boubyan delivered a net income of KWD 3.1 mn in 2Q25/26. Business • While Equate has deferred its interim dividend distribution this period, Boubyan’s Highlights normalized performance (excluding Equate and non-recurring items) grew by approximately
Slide 5: Core Investments' Update (1/2)
Core Investments’ Update (1/2) • Eyas delivered a net income of KWD 1.3 mn in its fourth quarter of FY24/25, compared to KWD 1.5 mn in the same period last year. • On an annual basis, Eyas achieved strong growth, reporting a net income of KWD 10.9 mn for FY24/25, up by c. 13% from KWD 9.7 mn in FY23
Slide 6: Core Investments' Update (2/2)
Core Investments’ Update (2/2) • EPG posted a net income of KWD 5.1 mn in FY24/25, representing a growth of c. 10% from KWD 4.6 mn in the previous year. • The growth was driven by higher revenue, supported by increased student enrollment. • Muna Noor posted a net income of OMR 77K in 2Q25/26 compare
Slide 7: Boubyan's investment portfolio reached KWD 504.6 mn as of 2Q25/26
Boubyan’s investment portfolio reached KWD 504.6 mn as of 2Q25/26 Amounts in KWD, millions Equate Group Ownership Carrying Value Equate Petrochemical Co. 9.0% 172.8 6.5% The Kuwait Olefins Company (TKOC) 9.0% 109.5 Equate Group Total 282.2 Core Investments Ownership Carrying Value EPG 100.0% 71.9 37
Slide 8: Boubyan achieved a net income of KWD 3.1 mn in 2Q25/26
Boubyan achieved a net income of KWD 3.1 mn in 2Q25/26 KWD, thousands EPS Contribution (fils) Income 2Q25/26 2Q24/25 2Q25/26 2Q24/25 Commentary Equate Group - 3,936.7 - 7.38 • Boubyan’s core investment Sama Education Co. 1,785.4 1,756.7 3.35 3.29 continued to contribute steadily, EPG Group 1,323.3 1
Slide 9: Core Investments contributed KWD 5.6 mn in 2Q25/26
Core Investments contributed KWD 5.6 mn in 2Q25/26 Amounts in KWD, thousands 28.8 457.9 218.4 153.1 95.5 95.5 36.8 6,600.1 5,571.6 2Q24/25 Core Sama EPG Al-Kout Eyas Afaq & KVC Nafais Muna Noor 2Q25/26 Core Investment Education Co. Group Investment Income Income 7
Slide 10: Q&A Thank you!
Q&A T h a n k yo u !
Boubyan Petrochemical Co. (K.S.C.P) — Q2 FY2025/26 Earnings Presentation on 6ix