Lumi Rental Company · TADAWUL:4262
Lumi Rental — Q2 2026 Earnings Presentation
23 slides from Lumi Rental's earnings presentation, 2026
Slide 1: Q2 2026 Earnings Presentation
Q2 2026 EARNINGS PRESENTATION LUMI (Tadawul : 4262 )
Slide 2: Disclaimer
Disclaimer All information included in this document is for general use only and has not been independently verified, nor does it constitute or form part of any invitation or inducement to engage in any investment activity, nor does it constitute an offer or invitation or recommendation to buy or su
Slide 3: Introduction
ton | INTRODUCTION
Slide 4: Q2 2026 in Brief
Q2 2026 in Brief Leasing resilience partially offset softer rental demand amid challenging market conditions Financial Performance Revenue (SAR mn ) Net Revenue (Leasing and Rental) 150 200 250 300 350 400 450 100 150 200 250 300 Q2 26 394.4 Q2 26 274.9 Q2 25 416.1 (5.2 % ) (8.1 % ) Q2 25 299.0 EBIT
Slide 5: Operational Performance
02 OPERATIONAL PERFORMANCE
Slide 6: Optimized Fleet Mix
Optimized Fleet Mix Fleet Optimisation Supports Portfolio Rebalancing Total Fleet Size (Vehicles) Purchased Vehicles Sold Vehicles (1.8%) YoY 27.9% YoY (13.7%) YoY 2,228 34,400 34,389 2,096 2,107 34,039 33,737 1,995 33,445 1,867 1,721 1,429 1,392 1,117 740 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q
Slide 7: Continued Expansion Across The Kingdom
Continued Expansion Across The Kingdom Airport branch 47 • • 18 Airport Branches 29 City branches Turaif Arar Downtown branch Branches Al Jouf Neom Tabuk Total Rental Revenue Per Region (%) Hail Al Wajh Jubail Al Ula Q2 25 Q2 26 Qassim Dammam Al Khobar 48.4 % 37.3 % Riyadh Yanbu Madinah Al Ahsa Nort
Slide 8: QoQ Rental Segment Performance
QoQ Rental Segment Performance Rental performance impacted by lower utilisation and softer market conditions Rental Fleet Size (Vehicles) Rental Revenue (SAR Mn) Rental Vehicle Utilisation (2.9%) YoY (25.7%) YoY 76.6% 76.9% 75.2% 69.6% 134.6 127.6 128.7 60.4% 10,951 10,910 10,864 10,392 10,070 113.4
Slide 9: QoQ Lease Segment Performance
QoQ Lease Segment Performance Resilient leasing performance supported by contracted demand Lease Fleet Size (Vehicles) Lease Revenue (SAR Mn) Average Lease Revenue Per Available Vehicle 1 (0.8%) YoY +6.4% YoY +9.4% YoY 23,647 23,449 23,479 23,375 176.0 174.9 30,380 30,259 22,873 169.7 28,928 168.5 2
Slide 10: Used Car Sales
Used Car Sales Q2 disposal activity recovered following lower Q1 volumes Sold Vehicles Used Car Sales Revenue (SAR Mn) (13.7%) YoY +2.1% YoY 2,107 128.4 1,995 117.1 118.3 119.6 1,867 1,721 1,392 76.6 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Average Revenue And Purchase Price, Per
Slide 11: Financial Performance
FINANCIAL PERFORMANCE bs >
Slide 12: Core financial performance
Core financial performance Q2 performance reflected leasing resilience and softer rental conditions (SAR Million) Q2 2026 Q2 2025 YoY Change Q2 Key Drivers Lease Revenue 174.9 164.4 6.4% Leasing Resilience Rental Revenue 100.0 134.6 (25.7%) Lease Revenue increased SAR 10.5m YoY to SAR 174.9m Net Rev
Slide 13: H1 / Q2 2026 Core Leasing Performance Supported Revenue Amid Softer Rental Market
H1 / Q2 2026 Core Leasing Performance Supported Revenue Amid Softer Rental Market (SAR Million) H1 2026 H1 2025 YoY Change Q2 2026 Q2 2025 YoY Change Net Profit For The Period Movement YOY (SAR Mn) Revenues 760.5 827.7 (8.1%) 394.4 416.1 (5.2%) Cost Of Revenue (554.0) (582.1) (4.8%) (302.0) (291.0)
Slide 14: Leasing Revenue Continues Growth
Leasing Revenue Continues Growth Leasing Growth Partially Offset Softer Rental Demand Total Revenue Per Segment (SAR Mn) Total Revenue Segmental Movement YoY(SAR Mn) (5.2%) YoY 450 440 430 10.5 420 416.1 410 117.1 118.3 128.4 400 2.5 394.4 (34.6) 390 76.6 119.6 380 370 360 350 Q2 25 Lease Rental Use
Slide 15: Cost Profile
Cost Profile Lower disposal costs partly offset higher operating expenses and continued strategic investment Expenses (SAR Mn) Cost Of Revenue Movement YoY(SAR Mn) +3.8% 39.6 291.0 4.7 5.2 4.0 302.0 47.9 (1.5) (1.3) (0.1) 36.6 36.4 42.4 Q2 25 Cost Of Depreciation Salaries Repairs And Insurance Other
Slide 16: Capital Structure
ton CAPITAL STRUCTURE
Slide 17: Operational Discipline
Operational Discipline Capital allocation remained focused on financial flexibility and long - term returns amid softer rental market conditions. Adjusted EBITDA Returns 18.0% (13.8%) YoY 16.2% 15.6% 311.3 314.2 309.3 16.0% 15.1% 255.9 268.5 14.0% 13.0% (1.6%) (17.3%) +0.9% 12.0% +4.9% 9.9% Q2 25 Q3
Slide 18: Strong Balance Sheet Underpinned by Lower Leverage
Strong Balance Sheet Underpinned by Lower Leverage Disciplined capital allocation and retained earnings supported continued balance sheet improvement (SAR Mn) Q2 26 Q2 25 YoY % Change Total Assets Movement (SAR Mn) Total non - current assets 2,777.9 2,957.6 (6.1%) (4.7%) YoY Incl. Vehicles 2,630.8 2
Slide 19: Disciplined Capital Allocation Improved Leverage
Disciplined Capital Allocation Improved Leverage Reduced debt and improved leverage ratios enhanced the Company's financial position. Total Debt (SAR Mn) Net Debt (SAR Mn) (16.4%) YoY (15.8%) YoY 1,752.7 1,805.4 1,695.2 1,715.1 1,578.6 1,551.8 (11.9%) 1,511.5 1,509.0 (12.1%) 1,490.1 1,475.6 (4.9%) (
Slide 20: Key Focus Areas
05 KEY FOCUS AREAS
Slide 21: Key Focus Areas
KEY FOCUS AREAS Disciplined Capital Prudent Financial Expanding B2C Rental Allocation Profile L ogistics Business Growth Expanding the long-lifecycle Focusing on cash generation Leveraging asset-light / low capex Gaining market share through commercial vehicles business and liquidity discipline mode
Slide 22: Thank you.
Thank you. © 2026LUMI Presentation. All Rights Reserved. © 2026 LUMI Presentation Confidential 22
Slide 23: Q&A
Q&A © 2026LUMI Presentation. All Rights Reserved. © 2026 LUMI Presentation Confidential 23