Slide 1: Presentation of 2024 Results
DOM DEVELOPMENT S.A. CAPITAL GROUP PRESENTATION OF 2024 RESULTS 18 MARCH 2025
Slide 2: Record Year
RECORD YEAR (1) 4 269 3 916 PLN 569 m RECORD RECORD RECORD RETAIL MARKET UNIT SALES NUMBER OF UNITS DELIVERED NET PROFIT FOR 2024 +9% YoY +2% YoY +24% YoY PLN 323 m NPS(2) 67 pts. PLN 577 m DIVIDENDS PAID (INCLUDING CUSTOMER SATISFACTION INDEX CASH(3) AS AT 31.12.2024 INTERIM DIVIDEND) at a high lev
Slide 3: Financial Summary
FINANCIAL SUMMARY REVENUE 2024 2023 Change PLN 3 168 m PLN 2 550 m +PLN 618 m +24% 32% GROSS MARGIN 2023: 32% NET PROFIT 2024 2023 Change PLN 569 m PLN 460 m +PLN 109 m +24% 18% NET MARGIN 2023: 18% GEARING NET CASH (DEBT) 31.12.2024 31.12.2023 31.12.2024 1.9% 9% PLN (33) m 39% ROE 2023: 33% 3
Slide 4: Market Overview
MARKET OVERVIEW • Uncertainty over the potential subsidized mortgage programme and continued high interest rates contributed to a noticeable decline in residential sales • Polish mortgage rates are among the most expensive in the European Union - December saw average interest rates of 7.5% on new mo
Slide 5: Net Sales
NET SALES RECORD ANNUAL NET SALES No. of units 397 * Net sales (units) in retail Change 2024 2023 market YoY Warsaw 1 791 1 690 6% 4 066 4 269 3 756 3 906 Tri-City 1 038 1 111 (7)% 3 093 Wroclaw 920 647 42% Krakow 520 458 14% Dom Development 4 269 3 906 9% Capital Group 2020 2021 2022 2023 2024 5 *
Slide 6: Net Sales Value
NET SALES VALUE NET VALUE OF UNITS SOLD ROSE BY 21% TO A RECORD LEVEL OF PLN 3.34 BLN PLN m Net Sales Value Change 2024 2023 (PLN m)* YoY Warsaw 1 501 1 347 11% 3 336 Tri-City 728 708 3% 2 746 2 575 Wroclaw 643 390 65% 2 131 2 057 Krakow 464 301 54% Dom Development 3 336 2 746 21% Capital Group * Ex
Slide 7: Sales Segmentation
SALES SEGMENTATION 92% OF PREMISES SOLD WITH A VALUE OVER PLN 500 K Segmentation value of the DOM Development Group residential sales in 2024 over PLN 1,000k 22% Average transaction Change 2024 2023 value (PLN k) YoY PLN 900-1,000k 9% Warsaw 894 844 6% PLN 800-900k 14% Tri-City 744 669 11% PLN 700-8
Slide 8: Offer
OFFER INCREASED STOCK AVAILABLE FOR SALE ACROSS THE GROUP No. of units available for sale 31.12. 31.12. Change Offer by market 2024 2023 YoY Warsaw 1 448 795 82% 3 776 Tri-City 1 062 598 78% Wroclaw 739 773 (4)% 2 482 2 480 2 404 2 082 Krakow 527 238 121% Dom Development 3 776 2 404 57% Capital Grou
Slide 9: Project Launches in 2024
PROJECT LAUNCHES IN 2024 WARSAW 259 units Convenient access to the Al. 659 units 318 units 294 units 274 units Jerozolimskie railway station, Second metro line station directly Close proximity to the city centre Fully functional living space Easy access to both city centre located at the border of t
Slide 10: Project Launches in 2024
PROJECT LAUNCHES IN 2024 TRI-CITY 178 units in Pogórze 142 units in Gdansk 246 units 223 units in Rumia In the seaside area in the Foothills 149 units In the Piecki-Migowo district, Modern, vibrant neighbourhood A housing estate for young people near Gdynia; 10 minutes to the Historic location in Gd
Slide 11: Units in Projects Under Construction
UNITS IN PROJECTS UNDER CONSTRUCTION NUMBER OF UNITS UNDER CONSTRUCTION REACHES RECORD LEVELS, MAINTAINING SATISFACTORY MARGINS No. of units under construction 55% of units under construction are sold Units under 31.12. 31.12. Change construction 2024 2023 YoY Warsaw* 3 236 2 857 13% 7 657 Tri-City
Slide 12: Land Bank - Owned and Controlled
LAND BANK - OWNED AND CONTROLLED 5-YEAR LAND BANK (AT CURRENT SALES’ RATE) Number of possible units for construction 19 770 19 008 16 985 17 125 6 129 5 115 14 666 4 077 Change Land Bank Owned Controlled Total 7 039 YoY Warsaw 7 042 2 860 9 902 (10)% 7 975 Tri-City 4 196 954 * 5 150 14% 13 641 13 89
Slide 13: Deliveries
DELIVERIES RECORD NUMBER OF UNITS DELIVERED WITH NPS* AT 67 POINTS NPS 100 No. of units 4 00 0 300 ** 90 3 50 0 80 70 70 71 67 63 3 00 0 70 Change Deliveries of units 2024 2023 2 50 0 60 YoY 50 Warsaw 1 969 1 928 2% 3 916 2 00 0 3 666 3 831 Tri-City 950 1 045 (9)% 3 332 40 1 50 0 3 006 Wroclaw 522 6
Slide 14: Profit and Loss Statement
PROFIT AND LOSS STATEMENT ANOTHER RECORD YEAR FOR DOM DEVELOPMENT GROUP Profit and Loss Account 2024 2023 Change YoY Sales Revenues, including 3 168.2 2 550.3 24% Revenue from the sale of finished goods 2 928.4 2 429.5 21% Deliveries (units) 3 916 3 831 2% Revenue from sale of finished goods per uni
Slide 15: Key Profitability Indicators
KEY PROFITABILITY INDICATORS MAINTAINING SATISFACTORY AND STABLE MARGINS Net Profit Margin Gross margin on sales 32,9% 32,2% 31,9% 31,2% 32,0% 18,0% 18,0% 16,7% 17,1% 17,0% 2020 2021 2022 2023 2024 15
Slide 16: ROE and Gearing
ROE AND GEARING COMBINING HIGH EQUITY YIELD WITH LOW DEBT 39,3% 32,8% 32,6% 27,9% 28,1% ROE annual net income / equity opening balance 9,0% Gearing 1,9% Net interest-bearing debt* -0,3% / equity closing balance 2020 2021 2022 2023 2024 * total loans and bonds less cash (including funds in trust acco
Slide 17: Cumulative Net Sales to Be Recognised in P&L
CUMULATIVE NET SALES TO BE RECOGNISED IN P&L (UNITS SOLD BUT NOT DELIVERED) HIGH REVENUE POTENTIAL TO BE RECOGNISED IN COMING QUARTERS PLN m 4 000 3 500 3 000 2 500 2 000 Units sold and not transferred Value 1 500 31.12.2023 4 627 units PLN 3 283 m 1 000 31.12.2024 4 980 units* of which: PLN 3 697 m
Slide 18: Balance Sheet
BALANCE SHEET PLN m BALANCE SHEET EXCEEDS PLN 5 BLN 5 400 5 200 5 000 CASH ASSETS 31.12.2024 31.12.2023 Change 4 800 4 600 Current assets, including: 5 081 4 407 15% SHORT-TERM LIABILITIES 4 400 DEFERRED Cash 577 389 48% 4 200 INCOME Incl. escrow accounts 217 103 111% 4 000 Inventories, including: 4
Slide 19: Debt Maturity Structure
DEBT MATURITY STRUCTURE HIGH LEVEL OF AVAILABLE FINANCING AND STAGGERED BOND MATURITIES ALLOWS US TO RESPOND FLEXIBLY TO OPPORTUNITIES AS THEY ARISE AND MANAGE SHORT-TERM LIQUIDITY PLN m PLN 577 m CASH* 260 PLN 625 m UNUSED CREDIT LINES 140 100 110 0 2025 2026 2027 2028 2029 Bonds Bank loans As at 3
Slide 20: Cash Flow
CASH FLOW ROBUST CASH FLOW FROM OPERATING ACTIVITIES Cash flow 2024 2023 Profit/ (loss) before tax 706.4 573.3 Changes in inventory (465.0) (371.7) Changes in prepayments and deferred income 77.6 85.6 Other adjustments 238.3 138.1 Cash flow generated from operating activities 557.3 425.3 Interest pa
Slide 21: DOM 2030 – Sustainable Development Strategy for the Group
DOM 2030 – SUSTAINABLE DEVELOPMENT STRATEGY FOR THE GROUP ADVANCED IMPLEMENTATION OF ADOPTED ESG STRATEGY Over 30% reduction in CO₂ emissions Concerning efforts to minimize our operational carbon footprint, we purchased more than 5,500 MWh of green energy for use on our construction sites. This mean
Slide 22: Summary: Record Year at Dom Development
SUMMARY: RECORD YEAR AT DOM DEVELOPMENT • Record sales results (4,269 net units sold, up 9% YoY) - consolidating our leading position in the Polish residential market • Proportion of mortgage-financed unit sales up from 41% to 49% YoY • Record deliveries: 3,916 units plus 300 units to an institution
Slide 23: Appendices
DOM DEVELOPMENT APPENDICES
Slide 24: Commencement of New Handovers in 2025
COMMENCEMENT OF NEW HANDOVERS IN 2025 NO. OF COMMENCE NO. OF COMMENCE PROJECT/PHASE LOCATION PROJECT/PHASE LOCATION UNITS MENT UNITS MENT Apartamenty Literacka Ph 1 Warsaw 100 Jan.25 Osiedle Harmonia Mokotów Ph 2 Warsaw 213 Oct.25 Osiedle Zielna Stage 3 Ph 3 Wroclaw 7 Jan.25 Dzielnica Mieszkaniowa M
Slide 25: Projects Under Construction and in Preparation: Warsaw
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WARSAW NO. OF UNITS, AS AT 31/12/2024 UNDER IN No INVESTMENT CONSTRUCTION PREPARATION 1 DZIELNICA MIESZKANIOWA METRO ZACHÓD* 756 1 128 2 APARTAMENTY LITERACKA --- 427 13 3 GRZYBOWSKA --- 176 4 OSIEDLE HARMONIA MOKOTÓW 475 --- 5 OSIEDLE URBINO 398 512 1
Slide 26: Projects Under Construction and in Preparation: Tri-City
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: TRI-CITY NO. OF UNITS, AS AT 31/12/2024 UNDER IN No INVESTMENT CONSTRUCTION PREPARATION 1 PERSPEKTYWA 102 --- 2 DOKI 433 243 3 DOLNE MIASTO 246 755 4 OSIEDLE SYNTEZA 364 209 5 LEMA 189 --- 6 OSIEDLE WARSZAWSKA 102 249 13 14 11 12 10 7 WZGÓRZE HOPLITY 1
Slide 27: Projects Under Construction and in Preparation: Wroclaw
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WROCLAW NO. OF UNITS, AS AT 31/12/2024 UNDER IN No INVESTMENT CONSTRUCTION PREPARATION 1 HUBSKA 100 129 139 2 BRANIBORSKA 80 210 --- 3 OSIEDLE MIĘDZYLESKA 3 --- 118 4 4 OSIEDLE ZIELNA 96 50 66 10 9 5 OSIEDLE MIĘDZYLESKA 4 --- 136 6 OSOBOWICKA 114 80 --
Slide 28: Projects Under Construction and in Preparation: Krakow
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: KRAKOW NO. OF UNITS, AS AT 31/12/2024 5 1 UNDER IN No INVESTMENT CONSTRUCTION PREPARATION 1 OSIEDLE GÓRKA NARODOWA 454 --- 2 2 OSIEDLE 29. ALEJA 166 140 4 3 OSIEDLE PRZY MALBORSKIEJ 71 --- 6 4 APARTAMENTY PARK MATECZNEGO 348 236 3 5 MEIERA --- 741 6 WI
Slide 29: Disclaimer
Disclaimer This presentation ("Presentation") has been prepared by Dom Development S.A. (the "Company") solely for informational purposes and should not separately or jointly with the oral presentation be regarded as an offer, invitation, recommendation, or encouragement to purchase any financial in
Slide 30: Contact for investors
Contact for investors : Joanna Czwarno Investor Relations Manager tel. +48 600 759 296 e-mail: joanna.czwarno@domd.pl www.inwestor.domd.pl 30