Efg Holding S.a.e. · EGX:HRHO
Efg Holding S.a.e — EFG Hermes Holding — Q1 2015 Earnings Presentation
34 slides from Efg Holding S.a.e's earnings presentation, June 2015
Slide 1: EFG Hermes Holding Investor Presentation
EFG Hermes Holding Investor Presentation June 2015
Slide 2: Group Overview
|. Group Overview
Slide 3: Group business lines and regional offices
≡ ≡ ≡ ≡ ≡ Egypt Office Kuwait Office Credit Libanais Investment Asset Private Commercial Brokerage Research Banking Management Equity Banking Established 1984 Acquisition 2008 Acquisition 2010 Services Securities Brokerage, Services Securities Brokerage Retail Banking Investment Banking, Services Co
Slide 4: Group Overview: Senior Management Team and Organization Structure
Group Overview Senior Management Team The Organization Structure K. Ellaicy G 0 1. El Sherbini M. Wakeel Head of Market le) Compliance Head of Human K. Gamal CEO KSA {BB Business Lines IB support DD coverage
Slide 5: Group Overview: Board Composition
Group Overview Board Composition Board of Directors\? Mona Zulficar?) Non Executive Chairperson Executive Director Non Executive Director Non Executive Director Non Executive Director Non Executive Director Karim Awad Yasser ELMallawany Takis Arapoglou® Robert Eichfeld® Thomas S. Volpe?) Group CEO N
Slide 6: Strategy Overview
|. Strategy Overview
Slide 7: A Growth Targeted Approach
Strategy Overview A Growth Targeted Approach Phase I: Restructuring Phase II: Growth Strategy Strategy Phase: Cumtent Modeland Focus Phase : Current Modeland focus Freee E murttng (By 200 to ah 72010) Completed Ongoing
Slide 8: Regional presence: Kuwait, DFM, ADX, KSA, Oman
≡ ≡ ≡ ≡ Kuwait ( DFM ( ≡ ADX KSA ≡ Oman (Undisclosed)
Slide 9: Phase II: Ongoing Implementation of Growth Strategy
Strategy Overview Phase Il : Ongoing Implementation of Growth Strategy EFG Hermes Remained on Target with its Growth strategy Outlined early 2014 EFG Hermes is entering the financing sector; a business that entails potential synergies with EFG Hermes’ current business model and is a market that is s
Slide 10: Funding Our Expansion Plans
Strategy Overview Funding Our Expansion Plans Understanding the EFG Hermes Cash Balances = Given the current Separate B/S restrictions that we are dealing with, EFG Hermes has to manage its cash needs with two separate cash pools Leasing Consumer Finance ' Day-to-day Operations ' KSA Settlement New
Slide 11: Investment Bank Overview
|. Investment Bank Overview
Slide 12: Number of clients by country
≡ ≡ ≡ 1 ≡ ≡ ≡ Egypt UAE Kuwait Number of Clients 49,257 Number of Clients 19,927 Number of Clients 23,387 Jordan Oman Saudi Arabia Number of Clients 5,682 Number of Clients 5,310 Number of Clients 330 Qatar South Africa United States Number of Clients 10 Number of Clients 25 Number of Clients 173 UK
Slide 13: Investment Bank Overview: Securities Brokerage
Investment Bank Overview — Securities Brokerage | Complete Online Experience/Unparalleled Corporate Access Markets Features Access Buy, Sell Orders Submission, Editing, Canceling and Active mn Egypt (EGX) Orders Status Monitoring. re pho oh trading experience Oman(MSM) Historical Account Statement K
Slide 14: Research: A Leading Research House
Investment Bank Overview Research | A Leading Research House Research Coverage Universe Research Capacity Online via New Portal ‘Number of companies mn <e = EFG Hermes houses an industry mEgypt mUAE mKSA Oman — = Others leading research department 138 135 that is currently comprised of a team of 33
Slide 15: Asset Management: Diversified Client Base and Product Offering
Investment Bank Overview Asset Management | Diversified Client Base and Product Offering Evolution of Assets Under Management Funds Origination by Clients’ Region USD (bn) mEgypt Equity Funds m Money Market & Fixed Income m Regional Equity Funds Portfolios 47 Europe 26% 09 3.3 33 31 31 29 0.6 08 09
Slide 16: Asset Management: Strong Track Record and Award Winning Funds
Investment Bank Overview Asset Management | Strong Track Record and Award Winning Funds 46 professionals across three countries (Egypt, UAE and Saudi Arabia) with more than 19 years of investment experience in the region making it the largest and most experienced on-the-ground team of any investment
Slide 17: Investment Banking advisory transactions
≡ Advisory on Advisory on Advisory on Sale of 100% stake to & ≡ May 2015 December 2014 Consortium of Investors ≡ ≡ ≡
Slide 18: Investor mix by client type and region
≡ Family Private South RoW ≡ Offices Banks Africa 7% 12% 2% 6% JNWI MEN ≡ 13% Long USA A Hedge Investors 17% 48% Funds 58% UK 14% 22% ≡ Family Office SWF South RoW 3% 1% Africa 3% Hedge 9% Fund ≡ 8% USA MENA Long 18% 50% HNW Only 23% 65% UK 20% ≡ Corporate HNW South RoW 19% 13% Founder Africa 13% 9%
Slide 19: ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡
≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡ ≡
Slide 20: Private Equity: Acquisition of 49% Stake in EDPR French wind portfolio
Investment Bank Overview Private Equity | Acquisition of a 49% Stake in EDPR in a USD208 mn Leveraged Buyout With Co-Investors < of Partnering with the HH = USD208 mn 132MiW en muna operational Wind 4M Largest cD Acquisition Price Net Capacity Generation Arrangement Farms Wind Energy Producer e= Glo
Slide 21: Leasing: Overview
Investment Bank Overview Leasing | Overview According to EFSA, there are currently 212 fmm registered companies as of July 2013, While the operating players in the market account for 20 may, Minimum Paid in Capital The regulatory body responsible for — 500K & Legal Status: Joint leasing is the Egypt
Slide 22: Leasing: Business Model
Investment Bank Overview Leasing | Business Model Market Penetration Strategy Markets of Product Offering workflow IT Equipment & Software The company plans to offer direct lease & vendor agreement options to lease IT equipment & software in me sset classes ( ) ping cheap long-term fundir Medical Eq
Slide 23: Commercial Bank Overview
'!!. Commercial Bank Overview
Slide 24: Crédit Libanais: Highlights
Commercial Bank Overview Crédit Libanais | Highlights $9.3 bn Total Assets 9.7% ROAE : (after tax) i $2.9 DN Total Loans : ROAA . (after tax) $7.9 DN Total Deposits : : $68 Amn Net Profit : after tax 36.5% _Loans/Deposits i » 76.9% NPL Coverage i ce ceueeeueeueeaeeeeueeseeeeeeeeeeneee Ratio : 73 Cré
Slide 25: Crédit Libanais and Crédit International branches
Crédit Libanais 73 branches Crédit International 1 branch
Slide 26: Financial Performance
\/. Financial Performance
Slide 27: Group Key Financial Highlights
Overview of Financial Performance Group | Key Financial Highlights Group Revenues Group Net Profit After Tax & Minority Interest In EGP million mEgypt ™ Regional In EGP million . EGP221 million 1 1 normalized net profits ' | 708 excluding the one-off | 2,463 2,610 items a 538 | 2,195 ' 1,828 = 19 1,
Slide 28: Investment Bank: Business Lines Revenue
Overview of Financial Performance Investment Bank | Business Lines Revenue Brokerage Revenue Asset Management Revenue In EGP million In EGP million : ™ Management Fees mlncentive Fees 451} 272 377 ' 207 1 ' 166 f 282 ' ' 240 : 1 220 ' "17 121 ' 1415 . t [] 84 107 an 110 23 2010 2011 2012 2013 2014 1
Slide 29: Investment Bank: Revenue Generation
Overview of Financial Performance Investment Bank | Revenue Generation 1Q15 Revenues 1Q15 Breakdown of Fees and Commissions Core Investment Bank In EGP million operations in 1Q15 0% were the primary drivers a of this impressive yearly growth Revenue generated from regional operations represented mn
Slide 30: Investment Bank: The Cost Base
Overview of Financial Performance Investment Bank | The Cost Base Management's continued focus on cost control saw the employee-cost-to- income ratio fall to 46% in 1Q15, below the 50% rate recorded in the same period of last year The fixed portion of the operating expenses is under constant control
Slide 31: Investment Bank: Balance Sheet
Overview of Financial Performance om Investment Bank | Balance Sheet Investment Bank Balance Sheet as at 315t of March 2015 Assets - Liabilities In EGP milli = The balance sheet of EFG In EGP million Hermes today is well Cash and Cash Equivalents 3,352 capitalized, and unleveraged With eee significa
Slide 32: Crédit Libanais: Balance Sheet and Asset Quality Highlights
Overview of Financial Performance Crédit Libanais | Balance Sheet and Asset Quality Highlights Total Assets Customer Loans Customer Deposits In USD million In USD million In USD million 8% 19,335 9% 2,856 | 2,873 Ag ' oa et oa et 360 9.162" me me 09 cpck® 7,739. | 1872 7,948 H ! 6.961 7,158 ' 7174 '
Slide 33: Crédit Libanais: Profitability, Performance and Capital Ratios
Overview of Financial Performance Crédit Libanais | Profitability, Performance and Capital Ratios Net Interest Income Operating Expenses Net Profit After Tax & Minority Interest In USD million In USD million In USD million mSalaries = Other Operating Expenses interest Income —_minterest Expense sm N
Slide 34: Disclaimer
Disclaimer This confidential document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any securities or interests described within it ("Investments") in any jurisdiction. Investors should make decisions to acquire Investments