Saudi Arabian Mining Co. · TADAWUL:1211
Saudi Arabian Mining — Q1 2022 Earnings Presentation
15 slides from Saudi Arabian Mining's earnings presentation, Jun 2, 2022
Slide 1: Investor Presentation — Q1 2022 Results
MAADEN Pt UaAL@n Saudi Arabian Mining Company (Ma’aden) Investor Presentation — Q1 2022 Results 2n4 June 2022
Slide 2: Disclaimer
Disclaimer This presentation contains statements that are, or may be deemed to be, forward looking statements, including statements about the beliefs and expectations of Saudi Arabian Mining Company (Ma’aden) (the "Company"). These statements are based on the Company's current plans, estimates and p
Slide 3: Chief Executive Officer and Chief Financial Officer
Chief Executive-Officer Chief Financial Officer. and Senior Vice President of Finance ~ MAADEN @P UalLan 2
Slide 4: 1st Quarter Key Highlights
15" QUARTER KEY HIGHLIGHTS > > > Record Revenue, Profit and Earnings per Share EGA approval of 100% capital increase via bonus shares Deleveraging continued - 2.5 Net debt/EBITDA Ammonia 3 Completion, commissioning on track First Ammonia 3 shipments from new berth MWSPC Remediation project on track
Slide 5: New Strategy That Takes Ma'aden to the Future
NEW STRATEGY THAT TAKES MA’ADEN TO THE FUTURE Vision for Ma’aden 2040 Guiding principles Strategic pillars Foundation Ma'aden Vision Statement: Sustainable mining champion with a global presence Focus on KSA endowment y/\N “me Sey Va a Leverage KSA Value Resources Focus Focus on core mining business
Slide 6: Execution Study
• • ➢ ➢ ➢ • • • • Completed Execution Study
Slide 7: Louis Irvine, Chief Financial Officer: Q1 2022 Update
Louis Irvine CHIEF FINANCIAL OFFICER YAUPDATE — Q1 2022 Al Jalamid phosphate mine
Slide 8: EBITDA margin, ROE and ROIC
47.1% 44.9% 18.3% 14.7% 12.3% 9.5% Return on total EBITDA margin (%) ROIC (%) equity (ROE) (%) FY 21 FY 22
Slide 9: Net Debt and Net Debt/EBITDA
✓ ✓ ✓ ✓ 7.5 Net Debt (SRbn) Net Debt/EBITDA 3.1 2.5 42 38 36 2020 2021 Q1 2022 TTM
Slide 10: DAP and Ammonia Prices
• • • • $1,500 • $1,000 • $500 • • $0 DAP Ammonia
Slide 11: LME Aluminum Price and Alumina Price Index
• • • • • $4,500 $600 • $3,000 $400 • • $1,500 $200 • • $0 $0 LME Cash Aluminum Price Alumina Price Index (API)
Slide 12: Gold and Copper Prices
• • • • $3,000 $15,000 • • $2,000 $10,000 • $1,000 $5,000 • $0 $0 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Gold in $/oz Copper in $/kt
Slide 13: Summary
Slide 14: Summary
SUMMARY Strong First Quarter © Market Fundamentals Remain Strong BS Production Guidance Phosphate - Remaining 3 Towers to be replaced during 2" half. - Ammonia 3 ramping up, nameplate capacity achieved by the end of the year. - Alumina production in line with name plate capacity. = Aluminium: Pot me
Slide 15: Q&A
Q&A Mahd Ad Dhahab gold mine Robert Wilt CHIEF EXECUTIVE OFFICER Louis Irvine Chief Financial Officer and Senior Vice President of Finance Pa _ MAADEN @P alan 14
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