Slide 1: Investor's Briefing HY1 2026
INVESTOR’S BRIEFING HY1 ‘2026 Dated: 03rd September 2026 www.systemsltd.com 1
Slide 2: Agenda
Agenda 01 Systems Limited - At a glance 02 Key Stats & Market Overview 03 Financial Performance 04 Opportunities & Delivery Model 05 ESG 06 Q&A 2
Slide 3: Introducing Systems Limited
Introducing Systems Limited Industry Focus Systems Limited is a leading global digital transformation IT consulting and services provider. We pioneer the creation of cutting-edge enterprise solutions, shaping our clients' digital footprint for enduring growth and profitability. Our ardor lies in tai
Slide 4: Key Stats & Market Overview
Key Stats & Market Overview HY1-2026 4 4
Slide 5: Fact Sheet HY-2026
Fact Sheet HY-2026 EBITDA Revenue PKR 'M 13,804 Awards & Recognitions PKR 'M 80,392 10,128 67,473 9,684 53,435 7,803 49,716 6,205 31,760 MEA Delivery partner of the year 2022 2023 2024 2025 HY 2026 2022 2023 2024 2025 HY 2026 *One off trading transaction (CLOS) has been excluded in 2022 *EBITDA Adju
Slide 6: Financial Performance Overview
Financial Performance Overview 6 6
Slide 7: Strong Performance – HY' 2026 (USD 'M)
Strong Performance – HY’ 2026 (USD ’M) +37% +36% Revenue 178.17 Gross Profit 45.47 CAGR 31% CAGR 24% 26% GP Margin 130.97 33.10 111.40 25% 25.72 GP 22.91 Margin 84.90 19.46 61.05 HY-22 HY-23 HY-24 HY-25 HY-26 HY-22 HY-23 HY-24 HY-25 HY-26 +29% EBITDA +32% Operating Profit 23.43 CAGR 19% 27.96 CAGR 1
Slide 8: Strong Performance – HY' 2026 (PKR 'M)
Strong Performance – HY’ 2026 (PKR ’M) +37% +35% Revenue 49,716 Gross Profit 12,688 CAGR 44% CAGR 37% 26% GP 9,285 Margin 36,739 31,023 25% 7,163 GP 6,259 Margin 23,189 3,654 11,463 HY-22 HY-23 HY-24 HY-25 HY-26 HY-22 HY-23 HY-24 HY-25 HY-26 +29% +31% EBITDA Operating Profit 6,539 CAGR 32% 7,803 CAG
Slide 9: Segment Performance – By Vertical (PKR 'M)
Segment Performance – By Vertical (PKR ’M) Six months ended 30 June 2026 • consolidated Revenue Gross Profit GP Growth HY-26 HY-26 Margin BFSI 13,902 +25.5% 3,455 24.9% Telco 12,412 +36.8% 2,171 17.5% Technology 6,978 +61.5% 2,287 32.8% Retail & CPG 5,973 +53.5% 1,920 32.1% Public Sector 5,604 +20.9
Slide 10: Segment Performance – By Geography (PKR 'M)
Segment Performance – By Geography (PKR ’M) Six months ended 30 June 2026 • consolidated Revenue Revenue Gross Profit GP Growth HY-26 HY-25 HY-26 Margin Middle East & Africa 28,382 20,857 +36.1% 6,938 24.4% North America 10,132 7,430 +36.4% 2,952 29.1% Pakistan & Others 6,678 5,387 +24.0% 1,145 17.1
Slide 11: Strong Q2' 2026 Performance
Strong Q2’ 2026 Performance Q2 ‘26 vs Q2 ‘25 Growth (USD) Q2 ‘26 vs Q2 ’25 Growth (USD) Revenue EBITDA +39% +32% 0% 100% 0% 100% PKR ‘M USD ‘M PKR ‘M USD ‘M 92.4 14.2 25,738 4,016 3,942 3,839 3,861 23,978 22,973 20,680 10.8 66.2 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q2 2025 Q2 2026 Q3 '25 Q4 '25 Q1 '26 Q2 '26
Slide 12: Currency Mix – HY' 2026
Currency Mix – HY’ 2026 By Revenue By Cost 6% 44% 56% 94% FCY PKR FCY PKR 12
Slide 13: Opportunities and Delivery Model
Opportunities and Delivery Model 13
Slide 14: Investment Highlights / Value Propositions
Investment Highlights / Value Propositions Digital, data & AI, & cloud Emerging technologies Growth We elevate possibilities We amplify human possibilities Our innovative solutions and and unlock new growth through generative AI and strategic prowess propel you horizons through deliver business and
Slide 15: Global Delivery Model
Global Delivery Model EMEA KSA APAC PK North America Our talent pool is characterized by its global diversity and UAE Saudi Arabia Australia Lahore USA inclusivity. Egypt Bahrain Singapore Karachi Costa Rica Qatar Malaysia Islamabad Canada We take great pride in our workforce, South Africa Faisalaba
Slide 16: Target Market & Customers
Target Market & Customers We have a strong customer base in most of the industry verticals which not only minimizes our concentration risk but also gives us the competitive advantage by developing resources with cross industry knowledge. Revenue by Vertical 10% Vertical Customer Split * BFSI 68 28%
Slide 17: Client Composition
Client Composition 2024 Client Contribution to Revenue 51% 50% 37% 36% 28% 28% 17% 16% Top Client Top 5 Top 10 Top 20 HY-2025 HY-2026 Active Clients* Client Metrics ** HY’ 2025 HY’ 2026 FY’ 2025 FY’ 2026 181 196 $25m+ Clients 1 1 $10m+ Clients 1 1 Active Clients $5-10m Clients 9 11 *HY Revenue above
Slide 18: Systems Limited in the "sweet spot" for enterprise AI transformation
Systems Limited in the "sweet spot" for enterprise AI transformation Too small Enterprise-scale AI limited scalability, weak governance, low trust transformation requires a very specific balance of scale and agility Too large slow, rigid, difficult to adapt • Employee Ownership – CEO and leadership
Slide 19: The Sweet Spot
The Sweet Spot where AI moves from experimentation to scaled execution Systems Limited at the AI does not reduce work - optimal balance of scale & it expands it agility For clients across regions and sectors, productivity gains of 20–30% consistently lead to larger deal sizes, longer contracts, and
Slide 20: AI will reshape IT services — but enterprise transformation still needs trusted execution
INVESTOR PERSPECTIVE | AI DISRUPTION AI will reshape IT services — but enterprise transformation still needs trusted execution THE CONCERN IS GENUINE WHY SYSTEMS IS POSITIONED DIFFERENTLY AI reduces the effort needed Systems is using AI to strengthen its for routine technology work offer — not defen
Slide 21: Investment Priorities
Investment Priorities Continued Profit Improvement, Healthy Cash Flow • Strong cash flow generation allows attractive dividend payout, and → Investment in AI & GenAI led flexibility for investment opportunities. revolution • Systems Limited has a history of → Investment in upskilling talent investin
Slide 22: Environment, Social & Governance (ESG)
Environment, Social & Governance (ESG) 22
Slide 23: ESG Overview
ESG Overview Be Kind with the Environment Governance Key Indicators: Key Indicators: • Water Conservation through awareness programs • Independent Board and its committees promoting GRC • Water used for sanitation, and other domestic purposes is returned to municipal sewer systems with • Board compr
Slide 24: Q&A
systems Q&A
Slide 25: Thank you
Thank you www.systemsltd.com 25