Ades Holding Company · TADAWUL:2382

Ades — Q1 2025 Earnings Presentation

25 slides from Ades's earnings presentation, May 1, 2025

  1. Slide 1: Geared to Grow

    nta _ <7 ADES ADES Holding Company Geared to Grow Results Presentation * 1Q-2025

  2. Slide 2: C:\Users\Shaheer\Desktop\small-arrow.png C:\Users\Shaheer\Desktop\small-arrow.png C:\Users\Shaheer\Desktop\small-arro…

    C:\Users\Shaheer\Desktop\small-arrow.png C:\Users\Shaheer\Desktop\small-arrow.png C:\Users\Shaheer\Desktop\small-arrow.png C:\Users\Shaheer\Desktop\small-arrow.png 

  3. Slide 3: Agenda

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 14 26 2. Business Update 16 8 2 1 C:\Users\Shaheer\Desktop\a 11 3 3 1 1 2 2 3. Financial Update 1 C:\Users\Shaheer\Desktop\a 1Q 24 1Q 25 Revenue 4. Outlook EBITDA C:\Users\Shaheer\Desktop\a Margin (%) 

  4. Slide 4: Market Update

  5. Slide 5: Investment in Existing Fields

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png C:\Users\Shaheer\Desktop\side-tab.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a 3. Financial Update Investment in Existing Fields C:\Users\Shaheer\Desktop\a 4. Outlook C:\Users\Shaheer\Desktop\a 

  6. Slide 6: Market Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png C:\Users\Shaheer\Desktop\side-tab.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a 3. Financial Update C:\Users\Shaheer\Desktop\a 4. Outlook C:\Users\Shaheer\Desktop\a 

  7. Slide 7: Market Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png C:\Users\Shaheer\Desktop\side-tab.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a 3. Financial Update 88% 91% C:\Users\Shaheer\Desktop\a 4. Outlook C:\Users\Shaheer\Desktop\a 

  8. Slide 8: Market Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png C:\Users\Shaheer\Desktop\side-tab.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a 3. Financial Update C:\Users\Shaheer\Desktop\a 4. Outlook C:\Users\Shaheer\Desktop\a 

  9. Slide 9: Business Update

    Business Update

  10. Slide 10: The Group's backlog of SAR 26.9 bn

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update The Group’s backlog of SAR 26.9 bn is among the highest in the industry and excludes new additions of C:\Users\Shaheer\Desktop\side-tab.png 2. Business Update SAR 2.08 bn secured in April 2025. 3. Financial

  11. Slide 11: Business Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update C:\Users\Shaheer\Desktop\side-tab.png 2. Business Update 3. Financial Update ● C:\Users\Shaheer\Desktop\a ● ● 4. Outlook C:\Users\Shaheer\Desktop\a ● 

  12. Slide 12: Building momentum after a transitional start to the year

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update Building momentum after a transitional start to the year, the completion of mobilizations and contract C:\Users\Shaheer\Desktop\side-tab.png 2. Business Update preparations is expected to drive an accelerati

  13. Slide 13: Backlog by country

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update C:\Users\Shaheer\Desktop\side-tab.png 2. Business Update KSA 14.8% Kuwait 3.0% Qatar 1.7% Egypt 2.6% Indonesia 1.7% India 4.8% Thailand 2.5% 3. Financial Update SAR 26.9bn Algeria 67.5% 0.7% 0.6% Malaysia Ni

  14. Slide 14: Local content, HSE and operational KPIs

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update Local FTP4 IADC2 45% C:\Users\Shaheer\Desktop\side-tab.png Content3 10% 2. Business Update Average 0.41 REI 10% 35% HSE NPT5 0.19 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 3. Financial Update C:\User

  15. Slide 15: Financial Update

  16. Slide 16: Financial Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a C:\Users\Shaheer\Desktop\side-tab.png 3. Financial Update 4. Outlook C:\Users\Shaheer\Desktop\a 

  17. Slide 17: Revenue by country

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update KSA 9% Southeast Asia 2. Business Update Egypt 61% 9% Kuwait C:\Users\Shaheer\Desktop\a 8% Qatar 5% India 4% 4% Algeria & Tunisia C:\Users\Shaheer\Desktop\side-tab.png 3. Financial Update 4. Outlook C:\Users

  18. Slide 18: Financial Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 49.1% 55.5% 2. Business Update C:\Users\Shaheer\Desktop\a C:\Users\Shaheer\Desktop\side-tab.png 3. Financial Update    4. Outlook  C:\Users\Shaheer\Desktop\a 

  19. Slide 19: Business Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 2. Business Update 13.1% 13.4% C:\Users\Shaheer\Desktop\a C:\Users\Shaheer\Desktop\side-tab.png 3. Financial Update    4. Outlook C:\Users\Shaheer\Desktop\a 

  20. Slide 20: Utilization

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 92% 88% 2. Business Update C:\Users\Shaheer\Desktop\a C:\Users\Shaheer\Desktop\side-tab.png 3. Financial Update     4. Outlook C:\Users\Shaheer\Desktop\a 

  21. Slide 21: Financial Update

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a C:\Users\Shaheer\Desktop\side-tab.png 3. Financial Update 4. Outlook C:\Users\Shaheer\Desktop\a 

  22. Slide 22: Outlook

  23. Slide 23: Outlook

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a 3. Financial Update C:\Users\Shaheer\Desktop\a C:\Users\Shaheer\Desktop\side-tab.png 4. Outlook C:\Users\Shaheer\Desktop\a 

  24. Slide 24: Q&A

    Q&A

  25. Slide 25: D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png

    D:\Current Work\ADES\ADES Presentations\ADES Call Deck\Images\Home-grey.png 1. Market Update 2. Business Update C:\Users\Shaheer\Desktop\a 3. Financial Update C:\Users\Shaheer\Desktop\a 4. Outlook C:\Users\Shaheer\Desktop\a 

ADES Holding Company — Q1 2025 Earnings Presentation on 6ix