Slide 1: Earnings Presentation 1Q-2026
Earnings Presentation 1Q-2026
Slide 2: Agenda
AGENDA 01 02 PERFORMANCE BUSINESS MBC GROUP DELIVERS RESILIENT 1Q 2026 OVERVIEW SEGMENTS PERFORMANCE ANCHORED BY STRONG MBC SHAHID GROWTH 03 04 CONTENT OPERATIONAL HIGHLIGHTS UPDATES 05 06 FINANCIAL OUTLOOK SUMMARY MBC GROUP EARNINGS PRESENTATION 1Q 2026 02
Slide 3: Disclaimer
DISCLAIMER Important Information Upon receipt of this Investors’ Presentation, or any verbal presentation relating thereto (collectively, the “Information”), you irrevocably agree to be bound by the following terms and conditions: The Information is confidential and may not be reproduced, redistribu
Slide 4: Group Financial Highlights
GROUP FINANCIAL HIGHLIGHTS MBC GROUP demonstrated resilience during the quarter, supported by strong Ramadan-driven content demand, continued growth in MBC SHAHID subscriptions, and the strength of its diversified revenue model First Quarter - 2026 Revenue Gross Profit Net Profit SAR 1,576.6 MN SAR
Slide 5: Segments Overview | BOCA
SEGMENTS OVERVIEW I BOCA BOCA remained the largest revenue contributor, with softer advertising demand partially offset by strong Ramadan utilisation ✓ Performance reflected the absence of SSC-related activities compared to 1Q 2025 alongside softer advertising demand and shorter booking cycles amid
Slide 6: Segments Overview | MBC Shahid
SEGMENTS OVERVIEW I MBC SHAHID MBS SHAHID was the standout growth driver, delivering strong revenue growth, profitability uplift, subscriber expansion, and improved monetisation. ✓ SVOD growth was supported by solid subscriber revenue expansion across MENA and international markets, driving a higher
Slide 7: Segments Overview | M&E
SEGMENTS OVERVIEW I M&E The Media and Entertainment segment performance reflected project phasing, with revenue and profitability impacted by timing of delivery and cost recognition. ✓ Revenue performance reflected the timing of milestone-based recognition across major productions and project delive
Slide 8: Content: At the Core of Our Business Segments
CONTENT: AT THE CORE OF OUR BUSINESS SEGMENTS Performance was supported by a strong mix of KSA, GCC, and Pan-Arab content 75 MBC titles ranked among the top 100 programs in KSA in 2025 85% 64% 36% SCRIPTED UNSCRIPTED ARABIC CONTENT CONTENT CONTENT AS AT 31 DECEMBER 2025 THE GROUP OFFERS A DIVERSE AR
Slide 9: Group Financial Performance | Revenue
GROUP FINANCIAL PERFORMANCE I REVENUE MBC GROUP delivered resilient 1Q 2026 performance, with margin expansion supported by cost discipline, operating leverage, and MBC SHAHID strength. SAR MN 1Q 2026 1Q 2025 CHANGE REVENUE SEGMENT CONTRIBUTION (SAR Billions | 1Q 2026) BOCA 933 1,205 ↓ 23% 12% MBC 4
Slide 10: Group Financial Performance | Gross Profit
GROUP FINANCIAL PERFORMANCE I GROSS PROFIT Gross profit stood at SAR 403.0 million, down 25.3% year-on-year, broadly in line with the decline in revenues GROSS PROFIT (SAR Millions | Margin %) SAR MN Q1 2026 Q1 2025 CHANGE 26.4% 25.6% -25.3% GROSS PROFIT 403 539 ↓ 25% 539.2 403.0 GPM 25.6% 26.4% ↓ 0
Slide 11: Group Financial Performance | Net Profit
GROUP FINANCIAL PERFORMANCE I NET PROFIT Disciplined cost management and operational efficiency supported margins and reinforced financial resilience. NET PROFIT SAR MN Q1 2026 Q1 2025 CHANGE (SAR Millions | Margin %) 12.9% 14.1% -15.6% NET PROFIT 222 264 ↓ 16% 263.5 NPM 14.1% 12.9% ↑ 1.2pp 222.3 No
Slide 12: Broadcasting & Other Commercial Activities Performance
BROADCASTING & OTHER COMMERCIAL ACTIVITIES PERFORMANCE BOCA continues to benefit from a diversified revenue base across advertising, technical services, programme monetisation, and distribution REVENUE BREAKDOWN GROSS PROFIT NET PROFIT (SAR Millions) (SAR Millions / GPM%) (SAR Millions / NPM%) 1,205
Slide 13: MBC Shahid (OTT) Performance
MBC SHAHID (OTT) PERFORMANCE MBC SHAHID recorded a 257.7% YoY improvement in profitability and reinforcing the platform’s role as a key earnings contributor to the Group REVENUE BREAKDOWN GROSS PROFIT NET PROFIT (SAR Millions) (SAR Millions / GPM%) (SAR Millions / NPM%) 391.3 459.9 21.2% 29.3% 3.4%
Slide 14: Media & Entertainment Initiatives Performance
MEDIA & ENTERTAINMENT INITIATIVES PERFORMANCE The Media & Entertainment (M&E) segment reported revenues of SAR 183.7 million, compared to SAR 447.2 million in 1Q 2025, reflecting the timing of milestone-based revenue recognition across major projects REVENUE BREAKDOWN GROSS PROFIT NET PROFIT (SAR Mi
Slide 15: Guidance
GUIDANCE Overview | Business Segments | Performance Highlights | Financial Summary | Leadership | Outlook BROADCASTING & OTHER MEDIA & ENTERTAINMENT COMMERCIAL ACTIVITIES MBC SHAHID – OTT INITIATIVES FY 2026E FY 2026E FY 2026E Revenue (% Growth) Revenue (% Growth) Net Profit Margin Double-digit decl
Slide 16: Risk Impact Matrix
RISK IMPACT MATRIX Very High High Medium Low Management Priorities Protect Revenue Streams Tighten Cost Controls Sustain Audience Engagement Preserve Cash Liquidity Safeguard Production Operations Reinforce Investor Confidence Enhance Cyber Security & Data Protection Risk Area Risk Description Mitig
Slide 17: Strategic Foundation & Growth Pillars
STRATEGIC FOUNDATION & GROWTH PILLARS MBC Group has consistently demonstrated resilience through market leadership, strong viewership, diversified revenues, and disciplined execution STRATEGIC FOUNDATION GROWTH COST RESET OPTIMIZATION Focusing our investments and Implement cost saving strategies and
Slide 18: Q&A
Q&A MBC GROUP EARNINGS PRESENTATION 1Q 2026 18
Slide 19: Thank You
THANK YOU GROUP