Ab Artea Bankas · OMXVSE:ROE1L
Ab Artea Bankas — AB Agathum — Debt Investor Presentation (June 2026)
45 slides from Ab Artea Bankas's debt investor presentation, June 2026
Slide 1: Agathum, AB Investor presentation
Agathum, AB Investor J presentation ‘|// J June, 2026 rq ull _ i 7 5 y 7 i ;
Slide 2: Disclaimer
Ct) Disclaimer By receiving this presentation, you acknowledge that you are aware of, and agree to abide by the restrictions set forth below. ‘This Presentation should be considered as a short summary of the Issuer and its business as well as of key terms of the offering of the Bonds. The Investors
Slide 3: Table of contents
Table of contents Executive summary Disclosure confirmation Company overview Real estate Financial overview Securities portfolio Social contributions Key Terms of bonds Subscription process Risk Factors Contact information agathum
Slide 4: Executive summary
Executive summary At AB Agathum, we invest in strategically located high-yield real estate with long-term tenants and follow a conservative buy-and-hold strategy. The company has extensive experience in real estate and securities investing and has operated profitably on a consistent basis. As of 202
Slide 5: Disclosure confirmation
Disclosure confirmation | confirm that, to the best of my knowledge, the information about the issuer provided in the Information document and Investor presentation is correct and does not omit any important information. Issuer AB “Agathum” CEO A Algirdas Pukis CEO
Slide 6: Company overview
agathum Company overview
Slide 7: About us
About us We are the AB Agathum team, a steadily growing property management company. Our journey started in 2002 by buying, renovating, and renting residential apartments in Vilnius and Kaunas. As our capital base grew, we successfully transitioned into commercial real estate operations, and AB Agat
Slide 8: Company overview, 2026-03-31
Company overview, 2026-03-31 1 million EUR 24.8 million EUR 13.7 million EUR Authorized capital Real estate portfolio Shareholder equity + Financials audited since 2016 + Managed area 35 K sq. m. + Total assets 31.5 million EUR + This is the third bond issue of + Commercial use, occupancy 92% + Tota
Slide 9: Overview of all Agathum bond issues
Overview of all Agathum bond issues AB Agathum’s first bond issuance was completed in 2021, raising 3 million EUR for a three-year term at a 7.5% interest rate. The second bond issuance was completed in 2024, raising 2 million EUR for a two-year term at an 11% interest rate. This will be the third b
Slide 10: Real estate
agathum Real estate
Slide 11: Real estate portfolio
11 Real estate portfolio summary, 2026-03-31 pt Sie ®10properties 35Ksq.m oo in Lithuania Total area 1.6 million / year 87% pe Total net income Occupancy rate fe a e 2 °Se ee 4.5 EUR / sq.m 24.8 million EUR 1 Avg. lease price Real estate portfolio valuation +4 716EUR/sq.m 64% 3.67 Valuation Yield WA
Slide 12: Kanto st. 25, Kaunas
Kanto st. 25, Kaunas Office premises in Kaunas Old Town, Center. At first, Group owned only 2417 sq.m. part of the building, which was leased to UAB “Kelprojektas” until 2019 and then renovated and leased to multiple tenants during the turbulent 2020s. Recently, the rest of this building was acquire
Slide 13: Laisves ave. 84B, Kaunas
Laisves ave. 84B, Kaunas Office premises in Kaunas center. Ground-up renovation done by us in 2016. First floor leased to restaurant “Holas”. Upper floors — architects, lawyers, software engineers.
Slide 14: Ukrainieciu st. 4, Kaunas
Ukrainieciy st. 4, Kaunas Stock office premises in Kaunas, 9 min from the Center, underwent a ground-up renovation in 2017 by UAB Mana Ranga. Ideal for loading, storing goods, or having an office, the site offers a loading ramp, ample parking, and 7 (seven) fully autonomous units with separate entra
Slide 15: Lingailiu st. 6, Siauliai
Lingaili 6 Ingallly st. 6, iS . | oe Manufacture, storage, and office premises in Siauliai were purchased at the end of 2019, with subsequent improvements including roof repairs and enhanced heat insulation. In 2023, a new lease was signed with a railroad electrification company as the tenant.
Slide 16: Gelezinkelio st. 2/4, Gargzdai
Gelezinkelio st. 2 & 4, Gargzdai Total area 8923 sq.m. Manufacturing, warehouse, and office premises in Gargzdai, situated ona large 5.25-hectare plot with potential for expansion, were purchased at the start of 2023 through a leaseback deal with a long-term contract. The tenants are wooden house ma
Slide 17: Taikos ave. 106C & 106B, Kaunas
Taikos ave. 106C & 106B, Kaunas Manufacturing and office premises in Kaunas were purchased at the end of 2021 through a leaseback deal with a long-term contract. The tenants are IT solutions and advertising companies. if ia Hi i ih im iii) i
Slide 18: Laisves ave. 51A, Kaunas
Laisves ave. 51A, Kaunas Office space in Kaunas Center underwent a ground-up renovation in 2021 and was purchased at the end of 2023. The entire area is leased to a construction company. 647 sq.m 80% Total area Occupancy rate 4,300 EUR / month Lease revenue 815,000 EUR Market value
Slide 19: Lentpjuves st. 14L, Plunge
Lentpjuves st. 14L, Plunge These manufacturing premises were purchased in 2025, in a leaseback deal with a long-term contract. The tenant is a furniture manufacturing company.
Slide 20: Savanoriu ave. 280, Kaunas
Savanoriy ave. 280, Kaunas A shopping center in Kaunas, purchased at the end of 2021, has undergone renovations including the roof, exterior, lighting, and heating. Its main tenants are clothing sellers, as well as a Brazilian $452 sq.m 90% Total area Occupancy rate 16,745 EUR / month Lease revenue
Slide 21: AB Agathum group
AB Agathum group Overview of main assets and liabilities, 2026-03-31 Premises and their type Administrative building mainly + some garage, warehouse ‘Administrative and warehouse building Commercial building Commercial premises Manufacturing and administrative buildings, with own 1.00 ha of land Sho
Slide 22: Financial overview
agathum miatclateirs! overview
Slide 23: Financial position, EUR
Financial position, EUR Non-current assets 2024-12-31 2025-12-31 2026-03-31 Total assets, EUR 31,5 M Goodwill 0 0 0 Other intangible assets 0 0 0 27M Property, Plant, and Equipment 16,217,429 19,604,700 24,513,054 Right-of-use assets 0 0 ) Other investments 4,279,326 6,457,419 6,329,744 Deferred inc
Slide 24: Equity and liabilities, EUR
Equity and liabilities, EUR Equity Share capital Retained earnings Revaluation reserve Legal reserve Equity attributable to shareholders of the Parent Non-controlling interest Total equity Non-current liabilities Borrowings Bank loans Lease liabilities Other payables Deferred income tax liability Pr
Slide 25: Profit and loss, EUR
Profit and loss, EUR *s 2024-12-31 2025-12-31 2026-03-31 2024-12-31 2025-12-31 2026-03-31 Revenue from contracts with 1,466,860 1,452,110 378,985 Interest and other similar income 5,389,440 4,942,720 5,771,082 customers Interest and other simil (809,555) interest and other similar , Cost of sales (2
Slide 26: Capitalisation of the group, EUR
26 Capitalisation of the group, EUR Current debt 2026-03-31 Shareholder's equity 2026-03-31 Current portion of non-current borrowings 4,606,347 Share capital 1,000,000 Current portion of non-current obligations under finance lease oO Share premium 1°) Short-term borrowings from banks, legal entities
Slide 27: Shareholder equity and other key metrics, EUR
Shareholder equity and other key metrics, EUR “ As usual, AB Agathum group bonds will be backed by strong shareholder equity and low LTV. 2024 2025 2026 10 Authorized capital 1,000,000 1,000,000 1,000,000 Shareholder equity 8,301,445 12,345,137 13,742,417 Shareholder equity 2024 2025 2026 10 13 7 M
Slide 28: AB Agathum shareholders
AB Agathum shareholders one t Dr. Vytautas Pukis Andrius Pukis Algirdas Pukis 48% shares 42% shares 10% shares
Slide 29: Structure of the Issuer
29 Structure of the Issuer Owe Vytautas Pukis * @s Andrius putis \ 0 Algirdas Dee 48% shares 42% shares a, 10% shares 302762212 agathum 100% (une "Bravorenta” (uns "Sanéiai iai AG) UAB *Kauno anikélis” ) (ons “Global Business Solutions ir \ 303482366 yy Ne 306721177 304781364 / 303202953 yy (one "Ga
Slide 30: Team members
Team members ill \\ 2A Agné Jotautiené Member of the Board Algirdas Pukis Chairman of the Board, CEO coo f | A Dr. Vytautas Pukis, M.D. Major Shareholder Member of the Board Asta Liutkevigiené Member of the Board Romanas Zontovicius Member of the Board Viadas Pukis Deputy CEO Indré Normantiené Asset
Slide 31: Securities portfolio
agathum Securities portfolio
Slide 32: Securities portfolio of the Issuer
32 Securities portfolio of the Issuer Summary as of 2026-03-31 The Issuer holds a securities portfolio which is an important part of the long-term business strategy of the Issuer. The main purpose of it is to have good liquidity, alongside illiquid real estate investments. A securities portfolio wou
Slide 33: Social contributions
agathum Social contributions
Slide 34: Educational Content at vz.lt and Investment Philosophy
ogni moks i plikang: portlye aloe emeruls 30% agathum Nezinai kur investuoti? Patikima investicija komercinio NT valdymo sektoriuje VERSLO TRIBONA © be Bini'pindjavs © ‘atau const a aay Educational Content at * vz.It and Investment Philosophy Helping people make better financial decisions For the pa
Slide 35: Contributions and charity
KAuNO AKROPOLIO Contributions and 35 vee {MARATONAS 2026 me charity \y AB Agathum is the founder and longstanding partner of Kaunas Marathon Club. The Club supports athletes by providing scholarships, sportswear and helping them attend training camps. \y Agathum has been the partner and sponsor of K
Slide 36: Contributions and charity
Contributions and 8 charity v AB Agathum has co-founded the Blossomwood Foundation: a non-profit with a focus on children and youth education in Sub- Saharan Africa. AB Agathum is the sponsor of Vilnius University student investment fund. Sponsorship for school children in Junior Achievement and oth
Slide 37: Environment & Sustainability
Luque Environment & Sustainability We are committed to minimizing the environmental impact of our managed buildings and general activities. In recent years, our main areas of investment have included: Installation of solar panels: 7 out of 9 buildings now have fully operational solar panels with a t
Slide 38: Key terms of bond
Key terms of bond
Slide 39: Key terms and conditions I
Key terms and conditions | Issuer ISIN Type of bonds Status of bonds Type of placement First tranche size Total issue size Nominal Amount Minimum subscription amount Interest rate Interest payment frequency Issue Date Maturity Date Subscription period AB Agathum, legal entity code 302762212, registe
Slide 40: Key terms and conditions II
Key terms and conditions I Legal and administrative Lead manager Trustee Registrar Legal advisor Governing law Documentation language Standards for financial statements AB Artea Bankas UAB Audifina Nasdaq CSD TEGOS The Bonds, and any non-contractual obligations arising out of or in connection therew
Slide 41: Subscription process
agathum Subscription process
Slide 42: Subscription, payment, allocation, settlement
Subscription, payment, allocation, settlement Subscription Procedure via Exchange Member for the Investors Subscription Procedure for the Existing Bondholders Change and Withdrawal of the Subscription Orders Payment for the Bonds Allocation of the bonds Return of funds to investors Settlement of the
Slide 43: Risk factors
agathum Risk factors
Slide 44: Risk factors
Risk factors Before deciding to purchase/subscribe the Bonds, Investors should carefully review and consider the following risk factors and other information contained in Information Document: General business risk factors + General economic situation + Market risk + Inflation, increase in the consu
Slide 45: Contact information
agathum eArtea +370 5210 3354 Agathum, AB broker@artea.lt Co ntact info@agathum.com www.agathum.com information SuGaaE