Catrion Catering Holding Company · TADAWUL:6004
Catrion Catering — Q2 2025 Earnings Presentation
38 slides from Catrion Catering's earnings presentation, 2025
Slide 1: Investors Presentation 2025
CATRIS.2N Investors 2025 Presentation
Slide 2: Contents
CATRION | Inve: Contents Page | 2 Overview * About CATRION + 40 Year Anniversary & Achievements Business Structure + Board and Executive Leadership + Shareholding Structure Business Model & Segments * Catrion Service Offering + In-Flight Catering + Integrated Hospitality + Retail Strategy & Outlook
Slide 3: Four Decades of Catering Excellence
Page | 3 CATRION | Investors Prosentation 2025 Four Decades of Catering Excellence Neom Dammam Cairo Madinah Riyadh Jeddah Since being founded in 1981 as the catering arm of Saudi Arabian Airlines, CATRION has been on an amazing journey to establish an organization and reputation that is recognized
Slide 4: Company history timeline 1981 onwards
CATRION | Investors Presentation 2025 Page | 4 1981 1983 1984 1985 1999 2001 2006 ‘SaudiAirlinesCatering Company SACCexpandsitsoperations Launch of Egypt SACC takes over SkySales, ‘SACCexpands itsoperations Launch of Madina «SCC securesits first ten-year (SACC) is establishedatJeddah’s _toRiyadh, la
Slide 5: Board of Directors
CATRION | Company Profile 2024 Board of Directors Mohammed Abdulaziz Al Sarhan Fahad Abdullah Mousa Abdulwahab Abdulkarim Albetari Dr. Eyad Adam Buhulaiga Chairman of the Board of Directors Vice Chairman of the Board of Directors Board of Director Member Board of Director Member Fadi Michel Majdalan
Slide 6: The Executive Team
CATRION | Investors Presentation 2024 The Executive Team Mohammed AlShuhail Mahmoud Masoud Rashed Alarfaj Thamer Alturaif Chief Executive Officer EVP — Chief Financial Officer EVP — In Flight Catering EVP — Chief Human Resources Officer Simon Khayat Tarek Tharwat Ashraf Nadeem Mohammed Al Awi - Thom
Slide 7: Shareholding Structure
CATRION | Investors Presentation 2024 Shareholding % Structure Market Tadawul, Saudi Arabia Currency SAR Listing Date 2012 Puplic Financial Year 31 December 2024 64.3% Market Capitalization (SAR Bn) 9.1 Issued Shares 82,000,000 Saudia Paid Capital (SAR) 820,000,000 35.7% Closing Price (SAR) 111 52-w
Slide 8: Service Offering
CATRION | Investors Prosentation 2025 Page | 2 CATRI Oo N Healthcare In Flight Catering £50 fights daly reaching 1600 igh dalyn 3 Service Offering 53 Sites in KSA ‘years. catering facilities produce 205,000 meals daily reaching 490,000 meals daily in 3 years Airport Lounges 1000 passengers daily rea
Slide 9: In-Flight Catering
In-Flight Catering
Slide 10: In-Flight Catering
CCATRION | Investors Presentation 2025, Page | 10 In-Flight Catering esceooscee Our Airlines Catering Services Cover: Equipment Management Operating six food production units located + Our core business is based on scale, quality and consistency — working to world-class standards of health and safet
Slide 11: Central Production Unit
CCATRION | Investors Presentation 2025, Page | 11 Central Production Unit Utilizing the latest technology of using air-liquid nitrogen to freeze meals hard up to (-18 degrees Celsius) in compliance with the International Standard of Food & Safety Manualand HACCP. Frozen Meals & Goods Supply Offering
Slide 12: Airport lounges and brands
* CATRION + COZAYA + Alfursan + Wellcome Lounge + AlTanfeethi * Operation Building » Delayed Flight Services * PrimeClass Lounge » Emirates Lounge
Slide 13: Airport Lounges
CATRION | Inve: Page | 13 Inflight Catering Airport Lounges + CATRION also provides building facilities and services ams) for the Airlines operation center in Riyadh and 3 gla lo Wellcome airports for the on-ground delayed flights CUE lounge + Our Hospitality Services are designed to provide Current
Slide 14: In-flight operating KPIs 2019-2025
+8% +8% +9% 69 70 68 64 60 58 140 117 127 60 51 58 55 53 120 108 100 50 50 40 45 100 90 58 40 53 40 33 40 31 80 61 31 45 30 30 60 51 10 20 20 18 40 18 10 68 58 55 64 69 10 10 20 51 33 0 0 0 2019 2020 2021 2022 2023 2024 2025 2019 2020 2021 2022 2023 2024 2025 2019 2020 2021 2022 2023 2024 2025 ACT A
Slide 15: Monthly operating trends
10.5 10.3 10.3 9.9 9.5 9.6 9.8 11.5 12.2 9.1 10.1 9.9 11.8 9.0 9.1 11.6 11.3 11.9 11.9 9.0 11.5 11.6 9.0 10.2 8.9 8.6 11.2 11.9 11.1 11.1 8.7 8.6 11.4 11.0 11.0 11.1 8.7 8.6 8.6 10.3 10.6 11.3 10.9 8.3 8.2 8.2 10.6 11.0 11.0 8.1 10.4 11.0 10.1 10.8 10.5 8.3 7.8 10.5 7.6 9.8 9.7 9.6 10.3 7.3 8.0 10.3
Slide 16: Monthly operating trends
3,423 1,344 1,296 1,222 1,290 3,101 1,236 1,218 1,206 1,227 1,231 1,199 2,911 2,880 2,940 3,006 1,109 1,158 1,162 1,182 1,175 2,843 2,896 1,0971,203 1,204 1,193 1,144 2,809 1,242 1,168 2,809 2,946 1,178 1,095 1,156 2,745 2,726 1,078 1,087 1,126 2,613 1,025 1,044 2,566 2,361 2,474 2,765 1,071 1,070 1
Slide 17: Monthly operating trends
132.7 130.9 111.8 124.9 128.4 110.9 121.9 116.1 115.6 108.7 94.6 94.1 92.6 90.9 102.9 87.8 102.2 85.8 93.7 98.8 99.8 77.5 89.2 93.4 83.9 81.7 81.7 81.2 81.2 91.1 91.9 76.6 78.4 78.3 90.6 73.6 77.1 79.2 84.4 84.3 75.7 70.3 68.8 74.2 78.9 68.7 68.1 67.9 67.4 76.6 78.0 65.1 71.1 69.5 68.0 72.1 65.1 76.
Slide 18: In-Flight Catering Major Clients
In-Flight Catering Major Clients Ww azoul YE Ve We Q) RIYADH AIR = yada Saudia Saudia Saudia Saudia valullolal Cargo Private Royal Fleet BRITISH AIRWAYS © Lufthansa G AIR CHINA Sores Al Loses Tassili Airlines > ALPHA STAR i malaysia = EcvPTAR]? MG ehitppine Aistines Garuda Indonesia AVIATION SERVICE
Slide 19: Retail
CATRION | Investors Retail + On-Board + Ground Shop + E-Commerce Page | 19 e%o 0°
Slide 20: Retail
CATRION {in Retail Our retail operations started back in 1985 when Saudia handed us its prestigious in-flight retail service “SkySales”. Our retail services have grown ever since to cover the following: In-flight shopping services, managed by our retail team for three different airlines, <& fijageui
Slide 21: Integrated Hospitality
CATRION | Inve: Page | 21 ° . ° 0° Integrated Hospitality + Businesses & Industries + Remote Sites + Railway + Hajj & Umrah + Hospitality & Events + Laundry Services + Camp Management + Healthcare * Giga projects + Facilities Management
Slide 22: Non-Airline Catering Services
We started the Non-Airline Catering Services in 2008 to offer a wide range of catering solutions of local and international dishes of food varieties that our chefs smartly design and innovate according to the requirements of each contract and which achieve the client's budget and meet their needs. e
Slide 23: Partnerships
CATRION | Investors Prosentation 2025 Page | 25 Pa rtn e rs h i ps In-flight Catering Hajj & Umrah B&i & Railways Modon Remote Site Healthcare Highlighting some of our valued clients. a. ee os bid at be > c : cal Al : oes = gage Satan nceomen sae Sea Sermas ah p @¥SGS Q lal hub nf YS Red Sea = nae c
Slide 24: HSSC standards and systems
HSSC aims to develop, implement, maintain, and continuously improve the standards and systems across the organization by meeting the International, national, and customer-specific requirements to ensure the highest level of customer excellence Food Safety & Hygiene ISO 22000,FSSC 22000,HACCP, HALAL
Slide 25: Key Risk, Strategy and Outlook
Page | 25 CCATRION | Investors Presentation 2025, Key Risk, Strategy and Outlook
Slide 26: Growth Drivers
CATRION {in Growth Drivers International Flight Increase in International Flights by 8% and Passenger Numbers by 14% In Q2-2025, international flight counts have risen compared to Q2-2024. This increase is mainly attributed to Summar Vacation and Hajj season. Domestic Air flights increased by 8% in
Slide 27: Business Strategy 2024 - 2026
CCATRION | Investors Presentation 2025 CATRION Business Strategy 2024 - 2026 Diversify & Accelerate Strategic Objective/ Become the national champion for catering in the KSA Target MaintainMarket LeadershipinIFC_-Scaleupin CRF Increase agility and adopt a + Develop compelling CATRION + Execute Red S
Slide 28: Strategy Execution Roadmap 2024 - 2026
CATRION | Invest Page | 28 CATRION Strategy Execution Roadmap 2024 - 2026 Maintain Market ‘Scale up C&F and Leadership and Explore New Optimize IFC Opportunities Increase agility and 3. Agility and Customer Focus adopt a customer centricapproach ‘Optimize Food and Labour Cost 5, Operating Model (Sve
Slide 29: Outlook & Priorities For 2025
CCATRION | Investors Presentation 2025 Page | 29 Outlook & Priorities For 2025 ey} Leverage Positive Market Dynamics \ 7 Maximize Strategic Driven By Vision 2030 ~\ __ Business Initiatives + Integrated Hospitality pursuing further opportunities with government + Investment and development of Human C
Slide 30: Q2-2025 Financial Performance
Q2-2025 Financial Performance Highlights
Slide 31: Q2-2025 Financial Performance Highlights
CCATRION | Investors Presentation 2025 Page | 31 Q2-2025 Financial Performance Highlights Revenues Continued upward trajectory in Q2-2025 was 571.5 R M against Q2 Last year of 564.8 RM, increase of 1.2% mainly from Inflight Catering. Cost of Sales Decreased in Q2-2025 by -0.7% over Q2-2024 due to co
Slide 32: M R R
M ➢ R R R R R ➢ R R R M ➢ R R R R R ➢ R R R *After Allocating Corporate & Regional Overhead Cost
Slide 33: Quarterly Segment Sales
CATRION | Investors Prosentation 2025 Page | 55 Quarterly Segment Sales Mil inflight Catering Hilintegrated Hospitality 100,0% 100,0% 100,0% 100,0% 100,0% 100,0% 1024 2024 3024 4024 1025 2025 Revenue 1024 2024 3024 4024 1025 2025 Inflight Catering 4353 442.5 4=— 469.6 A766 467.4 459.9 Integrated Hos
Slide 34: Quarterly Financial Highlights
CATRION | Investors Prosentation 2025 Page | 54 Quarterly Financial Highlights dm Revenue dm Gross Profit 41.2% 46.6% 1 | +11,4%) “T _ Ei EP | Q1-24 Q2-24 3-24 04-24 Q1-25 Q2-25 1-24 Q2-24 3-24 4-24 Q1-25 Q2-25 Net Income Profitability Ratios 3M aM 10.7% #5.1% 276% 26.5% aes Boo - =" Q2-24 Q3-24 Q4-
Slide 35: Key Financial Ratios
CCATRION | Investors Presentation 2025, 24 Quarter Key Financial Ratios Gross Profit Total Operating Profit Net Income % of Revenue Hl Gross Profit - © — Gross Profit Margin 149,4 159.2 26,5% ESO 2-2024 Q2-2025 % of Revenue Il Operating Profit — © — Operating Profit Margin Q2-2024 Q2-2025 % of Reven
Slide 36: Key Balance Sheet Ratios
CATRION | Investors Prosentation 2025 Key Balance Sheet Ratios Page | 36 Accumulated Profit To Share Capital 47.0% 53,0% 2024 Q2-2025 Return On Equity 5,0% 44% Q1-2024 Q2-2025 Net Debt To Equity H07.1%> 87,0% 2024 Q2-2025, mainly due to Redsea loan of 358 R’M and IFRS 16 impact JEDCO lease liabiliti
Slide 37: Q2-2019 To Q2-2025 Revenue Breakdown
CATRION | Investors Prosentation 2025 Page | 37 Q2-2019 To Q2-2025 Revenue Breakdown Revenue Breakdown by R M Revenue Breakdown by % +5,0% 5 +406,2% 545 n3 7% 3 Q2-2019 Q2-2020 Q2-2021 Q2-2022 Q2-2023 Q2-2024 Q2-2025 Q2-2019 Q2-2020 Q2-2021 Q2-2022 Q2-2023 Q2-2024 Q2-2025 Ml inflight Catering *Amoun
Slide 38: Thank you.
Thank you.
Catrion Catering Holding Company — Q2 2025 Earnings Presentation on 6ix