Tanmiah Food Company · TADAWUL:2281
Tanmiah Food — 9M & Q3 2026 Earnings Presentation
20 slides from Tanmiah Food's earnings presentation, November 2026
Slide 1: 9M & Q3 Earnings Presentation
9M & Q3 EARNINGS PRESENTATION NOVEMBER 2026
Slide 2: Disclaimer
DISCLAIMER TANMIAH FOOD COMPANY | 9M & Q3 EARNINGS PRESENTATION This presentation has been prepared solely for use as an investor presentation for Tanmiah Food Company (the “Company”, the “Group” and “TFC”). By attending or by reading this presentation, you agree to be bound by the following limitat
Slide 3: Contents
1. Key Messages & Highlights CONTENTS 2. Financial Overview 3. ESG TANMIAH FOOD COMPANY 4. Key Takeaways 3 TANMIAH FOOD COMPANY | 9M & Q3 EARNINGS PRESENTATION
Slide 4: Key Messages & Highlights
Key Messages & Highlights TANMIAH FOOD COMPANY | 9M & Q3 EARNINGS PRESENTATION
Slide 5: Near-term Priorities – Actions Taken
Near-term Priorities – Actions Taken Progress across our four strategic pillars in 9M 2026 Customer-Focused Operational Excellence, Strengthen Core & Digital Commercial Excellence Liquidity Management Optimize Asset Base Enablement & Value-Added Growth & Cost Optimization And People Non-KSA Revenue
Slide 6: Where We Operate
Where We Operate Integrated production, processing, distribution and restaurant operations across the GCC Agribusiness Revenue Breakdown by Region (%) Farms 168 Northern Feed Mill 6 Region KSA Bahrain UAE Other GCC Hatchery 7 0.5% Central 2% 3% Primary Processing Plant 6 Region Sales Branches 21 5%
Slide 7: 9M 2026 Highlights
9M 2026 Highlights Double-digit growth in both segments and 9-month net profit of SAR 23.2 million Restaurant Agribusiness1 Operations Revenue 2,111 17.5% YoY 188 29.6% YoY Net Income3 Financial 50 9.5% YoY (27) 36.0% YoY Highlights (SAR millions) Net Income 17 bps Margin 2.4% YoY -14.4% 1477 bps Yo
Slide 8: Agribusiness 9M 2026
Agribusiness 9M 2026 Revenue Breakdown by Region Recognitions & Initiatives Birds Volume Sold (Mn) (SAR mn) 6.9% KSA Bahrain UAE Other GCC 4 Innovation Center 41 52 Inaugurated 129.9 65 KSA's first poultry innovation hub, 88 opened Sept 2026 to accelerate 106 value-added products 121.5 1,682 1,888 T
Slide 9: Restaurant Operations 9M 2026
Restaurant Operations 9M 2026 Country % Channel % Like-for-Like Performance Bahrain Kuwait 4% Transactions Sales 7% % Change YoY In Store Aggregator 43 +22% 57 +14% KSA 89% 9M 2026 Number of stores and EBITDA (SAR mn) Marketing Campaigns Number of Stores EBITDA 100 20 15 95 10 95 90 includes a mobil
Slide 10: Asset Optimization
Asset Optimization Strategic Capital Investment to Unlock Efficiency and Margin Upside Current Facilities Leased RUA(3) CAPEX Commitment Capacity Capital Expenditure (SAR mn) Agribusiness 795k bpd(1) SAR 152.0 million SAR 161.0 million -75.9% Restaurant Operations 93 stores SAR 0.82 million SAR 1.7
Slide 11: Financial Overview
Financial Overview TANMIAH FOOD COMPANY | 9M & Q3 EARNINGS PRESENTATION
Slide 12: 9M 2026 Financial Performance
9M 2026 Financial Performance Revenue up 18.4% and EBITDA up 20.4% YoY, with gross margin pressured by higher input costs Revenue EBITDA1 Net Income2 Double-digit growth in every segment, with Q3 Earnings outpacing sales, with margin widening to More than sixfold rise to SAR 23.2m; Restaurant accele
Slide 13: Net Income Bridge Charts
Net Income Bridge Charts Balancing Cost Headwinds with Go-to-Market Strategy, Expansions, and Efficiency Gains Q3 2025 vs. Q3 2026 29 (6) 43 4 (35) (5) 4 7 (12) (1) (15) Net Income Price & channel Volume, Unutilized Inflationary Financing & Additional Expansion of Restaurant Zakat Net Income (Q3 202
Slide 14: Cash Flow Analysis & Working Capital Management
Cash Flow Analysis & Working Capital Management Working capital days improved to 82, with cash of SAR 50 million at quarter end Working Capital Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 200 92 92 95 91 90 › Operational efficiency and inventory 86 150 85 optimization reduced working capital 82 days by
Slide 15: Sustaining Growth with a Strong Financial Foundation
Sustaining Growth with a Strong Financial Foundation Net debt-to-EBITDA improved to 4.90x from 5.33x at December 2025, with RoE turning positive Sep 2026 Dec 2025 Debt Type 5.5% 3.6% (SAR Mn) RoIC (1) (2) Profitability RoE (1) 0.6% -2.0% 497 726 (-8%) Long Term Activity Current ratio 1.0x 1.1x (-4%)
Slide 16: Sustainability
Sustainability TANMIAH FOOD COMPANY | 9M & Q3 EARNINGS PRESENTATION
Slide 17: How Sustainability Flows Through Tanmiah
How Sustainability Flows Through Tanmiah Turning Sustainability into Measurable Operational and Financial Impact 2025 Sustainability Report Highlights (vs. 2024) Recognitions & Initiatives • 2,098 million liters water consumption (10% less water per bird) › Environment Fund MoU to cooperate on • 9,2
Slide 18: Key Takeaways
Key Takeaways TANMIAH FOOD COMPANY | 9M & Q3 EARNINGS PRESENTATION
Slide 19: From disciplined execution to sustainable, margin-led growth
From disciplined execution to sustainable, margin-led growth Building on 9M 2026 progress with a disciplined focus on utilization, mix and cost Market Context 1 • Regional tensions continue to disrupt supply chains and raise input costs Customer-Focused Commercial Excellence and Value-Added Growth •
Slide 20: Thank You
THANK YOU TANMIAH FOOD COMPANY Investor Relations & Media Queries ir@tanmiah.com www.tanmiah.com TANMIAH FOOD COMPANY | 9M & Q3 EARNINGS PRESENTATION 20
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