Global Yatirim Holding A.S. · BIST:GLYHO
Global Yatirim Holding A.S — 9M 2026 Earnings Presentation
24 slides from Global Yatirim Holding A.S's earnings presentation, November 2026
Slide 1: 9M 2026 Earnings Presentation
1 9M 2026 – Financial Presentation EARNINGS PRESENTATION 9M 2026
Slide 2: Diversified Portfolio, Leading Companies
Diversified Portfolio, World’s largest cruise port operator Leading Companies Ownership 9M 2026 – Financial Presentation PORTS 4 continents, 90.5% 21 countries, 36 ports Turkey’s leading non-piped Ownership natural gas distributor GAS • 14 industrial CNG plants 60.0% • 1 Auto CNG stations Total capa
Slide 3: Global Presence, Strong Operational Diversification
Global Presence, Strong Operational Diversification Balanced growth and sustainable cash flow through 4 Continents, Employees From 20+ Countries 20+ Nationalities 9M 2026 – Financial Presentation geographic diversification AMERICA EUROPE & AFRICA ASIA 60+ Operating Locations La Goulette Casablanca S
Slide 4: Financial Review
4 9M 2026 – Financial Presentation REVIEW FINANCIAL
Slide 5: Profitability Strengthens with Scale
Profitability Strengthens with Scale Revenue EBITDA EBITDA Strong Revenue and Profit Growth Above Inflation Growth Growth Margin 9M 2026 – Financial Presentation 35% 35% 9M 2025-9M 2026 9M 2025-9M 2026 43.7% 9M 2026 Without IAS29: Total Consolidated Revenue Total Consolidated EBITDA (TRY mn) (TRY mn
Slide 6: Strong and profitable growth continued in USD terms
65–70% of the Strong and profitable growth continued in USD terms as well Underlying operational consolidated performance +13% growth in consolidated revenues, +13% in EBITDA, +25% balance sheet is 9M 2026 – Financial Presentation excluding FX impact denominated in in net income USD Consolidated Rev
Slide 7: Above-Inflation Growth in Core Business Lines
Above-Inflation Growth in Core Consolidated Revenue Consolidated EBITDA Consolidated Net Profit Growth: 35% Growth: 35% Growth: 14% Business Lines 9M 2025 – 9M 2026 9M 2025 – 9M 2026 9M 2026 – Financial Presentation 9M 2025 – 9M 2026 (without IAS29) (without IAS29) without IAS29 as per IAS29 Q3 2025
Slide 8: Broad-Based Growth
Broad-Based Growth Strong increase in revenue and EBITDA driven by contributions from core business lines 9M 2026 – Financial Presentation Revenue (mn TRY as per IAS29)1 396,9 5,7 871,8 - - - 285,0 - 139,6 - 331,5 22.639,3 23.157,6 9M 2025 Ports Power Gas Mining Real Estate Brokerage, Asset 9M 2026
Slide 9: Operational Profitability Translates into Net Income
Operational Profitability Strongly Translates into Net Income Net Income 14% increase in net income despite depreciation impact Growth; 9M 2026 – Financial Presentation 14% 9M 2025 – 9M 2026 Net Income (mn TRY) -3.068,26 - 43,5 490,5 10.156,1 - 2.407,9 - - 2.055,1 3.072,0 9M 2026 EBITDA depreciation
Slide 10: Sustainable Growth with Long-Term, Low-Cost Financing
Sustainable Growth with Long-Term, Low-Cost Financing Our long-term financing structure and strong access to funding support our financial flexibility 9M 2026 – Financial Presentation Total Consolidated Gross Debt Global Investment Holdings Consolidated Gross Debt 1,6bn USD St. Lucia Financing 3% Lo
Slide 11: Healthy Leverage Supported by Long-Term Debt Structure
Healthy Leverage Supported by Long-Term Debt Structure We maintain a sustainable leverage level through access to long-term 9M 2026 – Financial Presentation financing and strong operational performance Net Debt/EBITDA (as per IAS29) 4,7 4,5 4,6 4,4 4,5 4.7x Holding Consolidated 2,7 2,1 2,3 2,4 2,5 2
Slide 12: Financial & Operational Performance by Division
9M 2026 – Financial Presentation FINANCIAL & OPERATIONAL PERFORMANCE BY DIVISION 12
Slide 13: Strong Traffic and High Occupancy Continue in Port Operations
Strong Traffic and High Occupancy Continue in Port Operations In 9M, the number of ships calling at our consolidated ports increased by 9%, while 9M 2026 – Financial Presentation passenger traffic rose by 11%, with occupancy rates remaining at high levels Total Consolidated Calls** Strong Momentum i
Slide 14: Strong Growth and Increasing Profitability in USD Terms
Strong Growth and Increasing Profitability in USD Terms Strong USD-based growth in revenue and EBITDA 9M 2026 – Financial Presentation Revenue (mn USD) 1 EBITDA (mn USD) EBITDA (USD) Revenue (USD) 64% +18% +16% 65% EBITDA Margin 9M 2025 – 9M 2026 9M 2025 – 9M 2026 18% 160 250 16% 138 Revenue Per Pax
Slide 15: Sustainable Profitability in the Gas Segment
Sustainable Profitability in the Gas Segment Driven by Operational Strength and Effective Cost Management 9M 2026 – Financial Presentation Maintaining a Leading Domestic Position While Steadfastly Pursuing the International Growth Strategy City Gas Sales Volume Revenue EBITDA Volume (mn sm3) increas
Slide 16: Power Generation Segment Temporarily Affected by Seasonal Factors
Power Generation Segment was Temporarily Affected by Seasonal Factors, While Strategic Investments Continued to Drive Long-Term Growth 9M 2026 – Financial Presentation Scaling up capacity with the Bahamas project while focusing on USD-based and long-term revenues Total Generation (GWh) 403 393 • Wea
Slide 17: Profitability in Mining Segment Impacted by Inflation and FX
Profitability in Our Mining Segment Is Impacted by Inflation and FX Dynamics Weaker demand in Europe constrained export volumes, inflation-driven cost increases 9M 2026 – Financial Presentation affected operational profitability Volume (tons) 226.792 215.402 Export Domestic Sales 192.246 ton 23.155
Slide 18: Stable EBITDA Contribution
Stable EBITDA Contribution Our real estate segment enhances portfolio diversification while 9M 2026 – Financial Presentation providing sustainable cash flow and consistent EBITDA contribution Revenue EBITDA (mn TRY) (mn TRY) Karaköy Office Building Van Shopping Mall 300 Operated under the 294 2% 139
Slide 19: Established Heritage, Strong Financial Services Platform
Established Heritage, Strong Financial Services Platform + YEARS With over 35 years of market experience, we continue to 9M 2026 – Financial Presentation deliver strong financial solutions Revenue EBITDA 1.425mn TRY 258 mn TRY (9M 2025: 1.733 mn TRY) 9M 2025: 378.7 mn TRY) Total Assets Under Global
Slide 20: GLYHO - Outperformance vs. Indices
GLYHO - Outperformance vs. Indices Supported by strong operational performance and strategic actions, GLYHO 9M 2026 – Financial Presentation outperformed the indices in annual investor returns GLYHO Creating value for our investors through strategic initiatives GLYHO +45% BIST HOLD YoY BIST 100 BİST
Slide 21: Appendix
21 9M 2026 – Financial Presentation APPENDIX
Slide 22: Consolidated Balance Sheet
Consolidated Balance Sheet Total Assets Total Shareholders’ Equity (Mn TRY) 124.8bn TRY 26.8bn TRY 9M 2026 – Financial Presentation (30.09.2026) (30.09.2026) Balance Sheet (TL Million) 30 Sep 2026 31 Dec 2025 (TL Million) 30 Sep 2026 31 Dec 2025 TOTAL ASSETS 124.796,2 123.977,1 ASSETS LIABILITIES Cu
Slide 23: Income Statement
Income Statement (Mn TRY) 9M 2026 – Financial Presentation (TL Million) 9M 2026 9M 2025 Total gross revenues 30.788,8 26.377,1 Cost of sales and services -19.268,5 -15.403,3 Gross profit 11.520,3 10.973,8 Operating expenses -4.868,0 -4.647,4 Other operating income/(loss), net 328,9 493,2 Equity pick
Slide 24: Disclaimer
Disclaimer The information contained in this presentation has not been independently verified. No representation or 9M 2026 – Financial Presentation warranty, express or implied, is made as to the fairness, accuracy, completeness, or correctness of the information or opinions contained herein. This
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