Amanat Holdings Pjsc · DFM:AMANAT
Amanat Holdings Pjsc — Investor Presentation (January 2025)
23 slides from Amanat Holdings Pjsc's investor presentation, January 2025
Slide 1: Shaping Futures: Growth with a Purpose
Shaping Futures: Growth with a Purpose Almasar Alshamil Corporate Presentation
Slide 2: Disclaimer
9 Futures: Growth with a Purpose Ta Disclaimer Important Information Upon receipt of this Presentation, and the information set out there in (the “information’), you irrevocably agree to be bound by the following terms and conditions: The Information has not been reviewed, verified, approved and/or
Slide 3: Almasar Alshamil at a glance
ed Shap ‘utures: Growth with a Purpose Almasar Alshamil at a glance Integrated Education Leader... ...operating across the GCC... ..and catering to 22k+ students 5k+ beneficiaries in daycare centres 35 sen 4o—c (2) Daycare Centres’ 1k+ students in schools 60% stake through HDC J 16 k+ students in un
Slide 4: Our journey
lat Our journey I 2024 pists Parent company and HQ established in KSA 2022 2021 Almasar acquires 60% stake in HDC v4 Second MDX Dubai 4 campus opened in Dubai *h. 2005 International Academic City First rehabilitation 2003 centre launched by HDC MDX Dubai campus opened ‘Abu Dhabi university in Dubai
Slide 5: Market leader with outstanding growth profile
fal Market leader with outstanding growth profile... sie OL 10.4% Var SEN Operator KSA SEN Market in GCC Share in 2023" #1 7.4% UAE Higher Education Market Share in 2023 Private University in Dubai _— #1 18.8% NEMA . - UAE Higher rear Private University Education Market HOLDING Group in Abu Dhabi Sh
Slide 6: Patient and student journey
Symptoms Parents seek Medical observed medical attention diagnosis International Agents & Students International Partners Outreach Level of need is identified IFP to UG progression Mild Moderate Severe Undergraduate Intl. Foundation Continued Programme (IFP) Education Day Care Residential Postgradua
Slide 7: A clear strategy underpinned by tangible growth pillars
ed Ramp-up existing facilities New daycare oe centers take an average of 24 months to ramp up 8 new daycare centres were launched in 2024, implying significant ramp-up potential Accelerated ramp-up driven by, 0) expertise, and AY) supported by a scalable model oo oo Al Launch new SEN facilities 18 d
Slide 8: Key Company Highlights
ed Key Company Highlights High growth and underserved education segments underpinned by favorable demographics and closely aligned to national strategies Market leader in its target segments: #1 SEN network in KSA; #1 private university in Dubai; and #1 university group in Abu Dhabi Strong focus on
Slide 9: Supportive government stance and rising diagnoses drive the SEN sector
Shaping Futures: Growth with a Purpose ng prevalence of diagnoses are key drivers of the SEN sector B;: Supportive government stance and r — lin the Kingdom of Saudi Arabia... KSA SEN market reached over SAR 1 2024. Key Market Growth Drivers SAR million ‘Supportive National Strategy 2,352 + SEN enro
Slide 10: Large addressable markets with strong growth through 2028
ed tures: Growth with a Purpose 2S, ... With the market expected to experience strong growth through 2028 Large addressable markets"... Students 1.5m Potential Market?) 181k Addressable Market (TAM) 87k Serviceable Market (SAM) Note: not to scale ‘Source: EMI report ith strong underlying growth fund
Slide 11: UAE higher education market
E higher education market exceeded SAR SAR million Z 7 2021 2023 2024€ 2028E mUndergraduate Foundation mPostgraduate with 194k+ students enrolled in 2024 Thousands CAG 240 CAGE: 37 194 57 181 > 43 : 170 180 132 139 148 Ya MZ 2021 2023 2024E 2028E ™ Undergraduate m™ Foundation mPostgraduate ‘Source:
Slide 12: Established and well-respected education market leaders
Lud S, Almasar operates established and well-respected education market leaders... --SEN Daycare Centers, 9 fee SEN Schools---...---- Higher Education------- Je Middlesex an Bie Private University Group in Abu Dhabi? Largest SEN services P7 Leading integrated Private University provider in the KSA‘
Slide 13: Strong focus on inclusive, high-quality education
.. With a strong focus on inclusive, high-quality education and human capital development... Almasar adopts a student-centric ... as evidenced by ratings from local regulators approach, committed to excellence... and international rankings Rigorous educational programs designed All daycare centers a
Slide 14: Prioritizing positive societal impact and successful outcomes
ed S, ... While prioritizing positive societal impact and successful outcomes In line with the national agendas of the KSA and UAE governments, Almasar is focused on positively contributing to and developing human capital in the region Employment opportunities for Saudi women with 80%+ of staff at H
Slide 15: Proven financial track record of growth with attractive margins
i & Almasar has a proven financial track record of growth with attractive margins... Almasar Revenue by Entity Almasar Revenue by Service ed SAR milion me = SAR million” gi Tuition fees, net of scholarship Admin and other service fees uneiso m Special education needs services = Share of joint servic
Slide 16: Driven by strong operational performance
ed eS, .. driven by strong operational performance... Students, ‘000 Ws 29 8.3 65 5A 42 29 — - - 2021 2022 2023 9M 2024 HDC Daycare Revenue by Co! SAR million | Launched | Launched Launched prior to 2022 in 2022 in 2023 Launched Number of centers in 2024 at the end of period C7) C4) C2), C2) CS) 202
Slide 17: Strong cash flow conducive to dividend payouts
Shaping Futures: Growth with a Purpose .resulting in a strong cash flow, conducive to dividend payouts whilst preserving growth, with debt capacity for future acquisitions and growth initiatives Robust cash flow generatio id strong balance sheet with a net cash positi SAR million 43.7 527 93.5 103.7
Slide 18: Highly scalable business model
Te « th with a Purpose PS, Highly scalable business model... Standardised Service A comprehensive quality governance framework ensuring consistency and uniformity of service delivery across all locations within each business line Access to Human Capital An in-house employee training program that min
Slide 19: Revenue growth drivers and mid-term potential
Revenue, SAR m Core business lines growth ° a _ iors — —\ ore "New & growth + initiatives Increase in ooo enrolments ero! in higher “New education Y daycare 401 . centres Ramp-up of existing facilities 9M 2024 Mid-Term LT™ revenue potential Trad Si ...which will continue to deliver on a clear growth
Slide 20: Almasar management team
Almasar oS Fadi Habib, Majed Almutairi, Ahmad Gamal, Kamran Mirza, Managing Director Chief Executive Officer Chief Financial Officer Finance Director = — Verticals Dr. Omar Almodayfer, Prof. Cedwyn Fernandes, Felicity Preston, Prof. Ghassan Aouad, Wejdan Al Shuaibi, SEN Vertical Higher Education Hig
Slide 21: Supported by a highly experienced Board of Directors
Dr. Shamsheer Vayalil Chairman INDEPENDENT Mr. Fawaz Goth Board Member = Mr. Dhafer Al Ahbabi Board Member @BB committee chairman ..Supported by a highly experienced Board of Directors Mr. Kamal Bahamdan 6) Vice-Chairman INDEPENDENT Mr. Muhannad Aldawood 3 Board Member Nominations INDEPENDENT Mr. Ab
Slide 22: Key Takeaways
Ta Key Takeaways Leading Integrated Education Provider @ Unique value proposition Student-centric approach, committed to excellence Well-positioned to capitalize on strong market fundamentals @ Organic growth through roll out of new locations O®MOO@O® Highly attractive, growing markets aligned to na
Slide 23: Thank You!
Thank You!
Amanat Holdings PJSC — Investor Presentation (January 2025) on 6ix