Mlp Saglik Hizmetleri As Class B · BIST:MPARK
Mlp Saglik Hizmetleri As Class B — MLP Care — H1 2026 Earnings Presentation
20 slides from Mlp Saglik Hizmetleri As Class B's earnings presentation, Aug 6, 2026
Slide 1: MLPCARE H1 2026 Presentation
MLPCARE H1 2026 PRESENTATION A u g u s t 6 th, 2 0 2 6
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain certain forward-looking statements concerning MLP Care’s future performance and should be considered as good faith estimates made by the Company. These forward-looking statements reflect management expectations and are based upon currently ava
Slide 3: Muharrem Usta, Chairman & CEO
MUHARREM USTA CHAIRMAN & CEO
Slide 4: Financials at a Glance
Financials at a Glance Resilient Revenue Growth REVENUE EBITDA Revenue growth supported by domestic hospitals Q2 TL 16.7 bn ▲ 7% Q2 TL 4.8 bn ▲ 26% Stronger EBITDA H1 TL 34.1 bn ▲ 6% H1 TL 10.0 bn ▲ 25% EBITDA improvement was driven by favorable revenue mix and ongoing efficiency initiatives Discipl
Slide 5: Digitalization Progress
Digitalization Progress Driving efficiency and patient satisfaction through digital innovation. KIOSK Mobile Applications 24 15–20 sec Hospitals Using Kiosks Average Registration Time Medical Park App 3,2M User Liv Hospital App 1,4M User Patient Experience Management Patient Experience Management ●
Slide 6: EBITDA Margin Improved Despite Hospital Additions Driven by Efficiency Initiatives
EBITDA Margin Improved Despite Hospital Additions Driven by Efficiency Initiatives 31 34% 30 30 30 30 32% 29 29 29 29 29 31,2% 29,6% 30% 28 30,5% 28,7% Av. %30.0 28 28 27 28% 26,8% 25,7% 26 26% 25,5% 25,0% Av. %25.3 25 25 24% 24,6% 24,4% 24 22% 23 20% 22 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 20
Slide 7: Expanding its Network in Türkiye
Expanding its Network in Türkiye Hospital Acquisitons Location Bed Capacity Square Meters Opening Date Medical Park İzmir Hospital İzmir 143 12,500 June, 2024 Medical Park Gebze Hospital Kocaeli 100 18,000 July, 2024 Medical Park Ataşehir Hospital İstanbul 80 8,000 July, 2024 Medical Park TEM Hospit
Slide 8: Expansion Plan in Türkiye and More to Come
Expansion Plan in Türkiye and More to Come Liv Hospital Bursa Liv Hospital Ataşehir Location: Bursa / Türkiye Location: Istanbul / Türkiye Est. Opening Date: Q4 26 – Q1 27 Est. Opening Date: Q4 27 – Q1 28 Key Statistics Key Statistics • 35.0k sqm • 50.0k sqm • 150 Bed Capacity • ~200 Bed Capacity Me
Slide 9: Deniz Can Yücel, Strategy & IR Director
DENİZ CAN YÜCEL STRATEGY & IR DIRECTOR
Slide 10: Financial Highlights
Financial Highlights* Revenue TLbn EBITDA TLbn Net Income TLbn ▲ 6% ▲ 25% ▲ 4% 10,0 34,1 32,1 3,2 8,0 3,0 29.2% ▲ 7% ▲ 26% 24.7% 1% 16,7 4,8 15,7 3,8 1,4 1,4 28.7% 24.4% Q2 2025 Q2 2026 H1 2025 H1 2026 Q2 2025 Q2 2026 H1 2025 H1 2026 Q2 2025 Q2 2026 H1 2025 H1 2026 *All figures were indexed using th
Slide 11: Continued Improvement in Average Prices
Continued Improvement in Average Prices Inpatient and Outpatient revenues made up 51% and 49% of total Domestic Hospital Business Revenues in H1 2026 Outpatient Revenues (TLm) ▲ 8.2% Inpatient Revenues (TLm) ▲ 4.5% +2.3% +5.9% +5.2% -0.7% 321 832 771 (102) 13.990 15.143 14.852 14.852 15.521 15.521 H
Slide 12: Prudent Cost Management
Prudent Cost Management 78bps 9,955 136bps 21bps 251bps 7,950 (42bps) 29.2% 24.7% H1 2025 EBITDA Doctor Personnel Material Outsourced Service Other H1 2026 EBITDA H1 2025 %26.9 %23.1 %12.1 %2.6 %10.6 H1 2026 %27.3 %20.6 %10.7 %2.4 %9.8 Denotes EBITDA margin 12 All figures are presented in TL m
Slide 13: Debt Structure
Debt Structure GROSS DEBT H1 2026 NET DEBT / EBITDA Bond Issued Lease Liablities IFRS 16 0,8 0,7 33% 38% 0,6 0,5 Bank Loans Interest Accrual TL22B 28% 1% Financial Leasing 0% 2023 2024 2025 H1 2026 NET DEBT H1 2026 NET DEBT / EBITDA exc. IFRS 16 EUR & USD TL 31% 69% 0,3 TL13B 0,2 0,2 0,1 2023 2024 2
Slide 14: CapEx Focused on Future Expansion
CapEx Focused on Future Expansion million TL H1 2025 H1 2026 • CapEx decreased by TL 1,175 million year-on- year in H1 2026 Total CapEx 4,962 3,787 • Maintenance: Includes floor openings, renovations and medical equipment purchases Total CapEx / Revenue 15.4% 11.1% in existing hospitals Maintenance
Slide 15: Cash Flow
Cash Flow million TL 2023 2024 2025 H1 2025 H1 2026 EBITDA 12,871 15,727 18,051 7,950 9,954 • Operating cash flow increased, driven by Changes in working capital 1,377 975 (725) (1,203) (853) strong EBITDA growth and reduced working capital requirements. Tax paid (800) (1,258) (1,615) (911) (1,092)
Slide 16: Q&A
MLPCARE MEDICALPARK W/nosPrtaL Q&A
Slide 17: Closing Remarks
Closing Remarks MUHARREM USTA CHAIRMAN & CEO 17
Slide 18: Historical Balance Sheet
Historical Balance Sheet Reviewed Audited TLm June 30, 2026 December 31, 2025 Cash and cash equivalents 8,256 9,469 Trade receivables 11,276 11,572 Inventory 1,023 1,307 Short term other assets 2,793 2,885 Current assets 23,348 25,233 Tangible and intangible fixed assets 38,382 37,897 Right of use a
Slide 19: Historical P&L Statements
Historical P&L Statements Reviewed Reviewed Change (%) Q2 2026 Q2 2025 Change (%) TLm H1 2026 H1 2025 Revenues 34,127 32,144 %6.2 16,736 15,682 %6.7 Cost of service (-) (24,992) (23,583) %6.0 (12,388) (11,649) %6.3 Gross profit 9,135 8,561 %6.7 4,348 4,034 %7.8 General administration expenses (-) (3
Slide 20: EBITDA Reconciliation
EBITDA Reconciliation Change Change TLm H1 2026 H1 2025 (%) Q2 2026 Q2 2025 (%) Revenue 34,127 32,144 6.2% 16,736 15,682 6.7% Cost of service (24,992) (23,583) 6.0% (12,388) (11,649) 6.3% Gross profit 9,135 8,561 6.7% 4,348 4,034 7.8% General administrative expenses (-) (3,185) (2,871) 11.0% (1,608)