Commercial Real Estate Co. · KSE:ALTIJARIA
Commercial Real Estate — The Commercial Real Estate Company (Al-Tijaria) — Q2 2026 Earnings Presentation
27 slides from Commercial Real Estate's earnings presentation, Aug 12, 2026
Slide 1: Boursa Kuwait disclosure cover letter
- I h C1J111mnviMI Kr.I l'.,l11ht (.',,. h.1-'.!'.L e.ei.f.ol ),,,.u.i14;�1..s.,.:.i1 1 1 1 1 1 111 11 1Il l l l I I I I I l I I I I Il Al-TIJARIA ��LJ.', The Commercial Real Estate Co. KP. SC- �-•,,.; ½J.-lJI ½J..+.lJ' U.,_.:.JI OUT(2129)12082026 Date: 12/8/2026 To: Boursa Kuwait Company Dear Sirs,
Slide 2: Disclosure of Material Information Form
Ayer! Gloglall yc clasyl cSqes Disclosure of Material Information Form Date Name of the Listed Company The Commercial Real Estate Company (K.P.S.C) Material Informat To ensure that The Commercial Real Estate Company (K.P.S.C) is complying with the requirements of article (7-8-1/3), of the Boursa Kuw
Slide 3: Investors Presentation 2Q26 Earning Results
Investors Presentation 2Q26 Earning Results Ending June 2026 August 12, 2026
Slide 4: Disclaimer
DISCLAIMER The information set out in this presentation and provided in this discussion subsequent thereto does not constitute an offer, an agreement, or a solicitation of an offer to buy or sell securities. It is solely for use as an investor presentation and is provided as information only. This p
Slide 5: Table of Contents
TABLE OF CONTENTS Business Al-Tijaria Overview & ESG & CSR Q&A Milestones Financial Performance 1 2 3 4 Al Tijaria Presentation 2Q26 3 of 25
Slide 6: Section 1: Al Tijaria Milestones
SECTION 1 AL TIJARIA MILESTONES Al Tijaria Presentation 2Q26 4 of 25
Slide 7: Al Tijaria Milestones
Al Tijaria Milestones Al Tijaria Presentation 2Q26 5 of 25
Slide 8: Al Tijaria's Strategy
Al Tijaria’s Strategy Excellence across Residential, Commercial, Retail & Hospitality Al Tijaria Presentation 2Q26 6 of 25
Slide 9: Al Tijaria Presence
Al Tijaria Presence Geographic Presence Kuwait Bahrain, KSA, UAE, , Morocco, USA, Europe, UK , Turkey Al Tijaria Presentation 2Q26 7 of 25
Slide 10: Section 2: Business Overview & Financial Performance
SECTION 2 BUSINESS OVERVIEW & FINANCIAL PERFORMANCE Al Tijaria Presentation 2Q26 8 of 25
Slide 11: Business Overview
BUSINESS OVERVIEW RENTAL & HOTEL INCOME (IN KD MN) AGGREGATE OCCUPANCY 94.2% 94.0% 94.0% 0.00 93.8% 0.21 93.6% 2.31 1.37 93.4% 93.2% 13.52 13.77 93.0% 93.0% 92.8% 1H25 1H26 92.6% 92.4% Rental Income Hotel Income Sales of Lands 1H25 1H26 SHARE OF PROFIT FROM ASSOCIATES NET GAIN ON INVESTMENTS (IN KD
Slide 12: Financial Performance – Key Highlights
FINANCIAL PERFORMANCE – Key Highlights Income Statement (KWD Mn) 1H25 1H26 Change % Total Revenues 15.82 15.35 -2.96% Rental I ncome 13.52 13.77 1.87% Hospitality I ncome 2.31 1.37 -40.50% Profit Sales of Lands 0.00 0.21 Operating Expenses (4.87) (4.82) -0.94% Real Estate Gross Profits 10.96 10.53 -
Slide 13: Financial Performance – Key Highlights (Balance Sheet)
FINANCIAL PERFORMANCE – Key Highlights Balance Sheet (KWD Mn) 1H25 FY25 1H26 YoY% I nv estment property 369.80 374.70 381.75 1.88% Investments (OCI &associates &P&L ) 161.85 166.16 170.08 2% Investments - OCI 55.09 52.87 51.90 -2% Investments - associates 54.51 59.90 65.79 10% Investments - P&L 52.2
Slide 14: Financial Performance - Indicators
FINANCIAL PERFORMANCE - Indicators Financial Perofrmance (KWD Mn) 1H25 FY25 1H26 ROA %* 3.59% 3.08% 3.71% ROE %* 6.07% 5.44% 6.17% Net profit Margin (NPM) %* 45.1% 42.5% 47.2% BVPS (Fils) 164.72 167.03 163.17 DPS (Fils) ** 3.0 3.0 3.0 EPS (Fils) 4.83 9.09 4.99 * ROE & ROA are annualized **Actual cas
Slide 15: Financial Performance – Highlights
FINANCIAL PERFORMANCE – Highlights EPS (Fils) NET INCOME & NPM % 5.0 5 11. 10 47.2% 47. 5% 4.99 11. 00 47. 0% 5.0 0 10. 90 46. 5% 10. 80 10. 70 4.9 5 46. 0% 10. 60 4.9 0 10. 50 45.1% 45. 5% 10. 40 45. 0% 4.8 5 4.83 10. 30 44. 5% 10. 20 10.44 11.05 10. 10 44. 0% 4.8 0 1H25 1H26 Net Income (consolidat
Slide 16: Business Overview – Under Development
BUSINESS OVERVIEW – Under Development Retail & Fitness Center - Qairwan Area, Kuwait A project has been awarded from the Public Authority for Housing Welfare (PAHW) to a subsidiary of Al Tijaria. The project features development of a retail and fitness center over a total plot area of 12,575 sqm. Th
Slide 17: Business Overview – Local Key Properties
BUSINESS OVERVIEW – Local Al Tijaria Key Properties Symphony Style Al Tijaria Tower Hotel & Complex Light Complex Location Sharq Location Salmiya Location Mahboula Area 29,889 sqm Area 11,749 sqm Area 5,940 sqm Floors 39 Hotel Rooms 175 Units 11 Offices 81 Retail stores 114 Al Tijaria Presentation 2
Slide 18: Business Overview – Local Key Properties
BUSINESS OVERVIEW - Local Al Tijaria Key Properties Dome Complex Boulevard Rehab Complex Location Mahboula Location Salmiya Location Hawally Retail Space 9,897.5 sqm Retail Space 34,982 Area 29,720 sqm Units 22 Units 152 Floors 13 Al Tijaria Presentation 2Q26 16 of 25
Slide 19: Business Overview – Bahrain
BUSINESS OVERVIEW – Bahrain Al Tijaria Key Properties Symphony Tower Jawhara Plaza Location Manama Location Seef Area 32,722 sqm Area 3,711 sqm Floors 46 Units 25 Al Tijaria Presentation 2Q26 17 of 25
Slide 20: Business Overview – Regional
BUSINESS OVERVIEW - Regional Al Tijaria Regional Portfolio – Partially Owned Al-Wafir Marketing Services Co. - Kuwait Alwafir is focused on the food and beverage sector in the GCC. Its mandate is to invest in and operate businesses across the complete food and beverage value chain: agriculture, logi
Slide 21: Business Overview – Global
BUSINESS OVERVIEW – Global Al Tijaria Global Portfolio – Partially Owned Travel Center Amelda, Houston – USA Al-Tijaria Group has entered a new logistics-sector investment in Houston, spanning approximately 292,000 square feet. The facility is designed to include 75 truck parking spaces, 12 gasoline
Slide 22: Section 3: ESG & CSR
SECTION 3 ESG & CSR Al Tijaria Presentation 2Q26 20 of 25
Slide 23: ESG
ESG By FY2025, Al-Tijaria Group invested KWD 32.7 million in environmentally responsible properties, emphasizing its commitment to both financial returns and environmental sustainability through BREEAM, LEED Platinum, and Good GAP certified projects, Green Key Certification for Symphony Style Hotel,
Slide 24: CSR
CSR Most Sustainable Product /Service Cooking Workshop for People with Blood Donation Campaign Award – INJAZ Kuwait Special Needs Donate Blood.. Share Life As part of its commitment to sustainability and Al Tijaria Real Estate Company hosted a Al Tijaria Real Estate Company organized the youth empow
Slide 25: Snapshot - Al-Tijaria Share Performance
Snapshot - Al-Tijaria Share Performance fils/shr 2025 1H26 Average Price 200 196 Cash Dividends 3 3 The company was added to the FTSE Bonus Shares % 3 3 Russell Index in September 2024 Dividend Yld. % 1.5% 1.5% Cap. Gain / Loss% 16.8% -2% Overall Return / Loss ** 18.3% -0.7% * Actual cash dividends
Slide 26: Q&A Thank you
Q&A Thank you Al Tijaria Presentation 2Q26 24 of 25
Slide 27: For Further Information Please Contact the Investor Relations Unit
For Further Information Please Contact the Investor Relations Unit: Email : investors@altijaria.com THE COMMERCIAL REAL ESTATE COMPANY K.P.S.C. (AL-TIJARIA) Address : Al-Sharq Jaber Al Mubarak St. Al Tijaria Head Office Building Phone : +965 – 22902900 (933), +965 - 1805252 Fax : +965 – 22902901 www
The Commercial Real Estate Company (Al-Tijaria) — Q2 2026 Earnings Presentation on 6ix