A'ayan Leasing and Investment K S C P : Supplementary Disclosure Analyst Conference Presentation Q1 2024

Analyst Conference

PRESENTATION

Q1 2024 - 8th May 2024

Contents

• A'ayan's Board of Directors and Executive Management

• Company Overview & Recent Developments

• Financial Highlights

• Q&A Session

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Disclaimer

This presentation is strictly confidential and is being shown to you solely for your information and may not be reproduced, retransmitted, further distributed to any other person or published, in whole or in part, for any purpose.

A'ayan Leasing and Investment Company K.S.C.P has prepared this presentation to the best of its abilities, however, no warranty or representation, express or implied is made as to the adequacy, correctness, completeness or accuracy of any numbers, statements, opinions, estimates, or other information contained in this presentation.

This presentation has been prepared by A'ayan Leasing and Investment Company K.S.C.P and reflects the management's current expectations or strategy concerning future events and are subject to known and unknown risks and uncertainties.

Certain portions of this document may contain "forward-looking statements", which are based on current expectations and reasonable assumptions, we can however give no assurance they will be achieved. The information contained in this presentation is subject to change and we disclaim any obligation to update you of any such changes, particularly those pertaining to the forward-looking statements. Furthermore, it should be noted that there are a myriad potential risks, uncertainties and unforeseen factors that could cause the actual results to differ materially from the forward-looking statements made herein.

We can offer no assurance that our estimates or expectations will be achieved. Without prejudice to existing obligations under Capital Markets Authority Law, we do not assume any obligation to update forward-looking statements to take new information or future events into account or otherwise. Accordingly, this presentation does not constitute an offering of securities or otherwise constitute an invitation or inducement to any person to underwrite, subscribe for, or otherwise acquire or dispose of, securities in any company within A'ayan Leasing and Investment Company K.S.C.P.

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Board of Directors

Mansour Hamad	Fahad Ali
Almubarak	Alghanim
Chairman	Vice Chairman

Abdulaziz Nasser	Nasser Ibrahim	Talal Reda	Muhannad	Dr. Yaqoub Ahmed
Almarzouq	Bouresly	Behbehani	Mohammed Alsanea	Baqer Alabdullah
Board Member	Board Member	Independent Board Member	Independent Board Member	Independent Board Member

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Executive Management

Abdullah M.

Alshatti, CFA

CEO

Saleh A. Alsarawi	Abdullah K.	Abdulwahab M.	Faisal J. Alomar	Seyed Abu Thahir	Hala A. Aldhowaihi	Wael Alqatami
Assistant CEO	Abuhadedah, CFA	Alfares	Assistant CEO	Assistant CEO	Chief of Compliance	Senior Vice President
Real Estate	Assistant CEO	Assistant CEO	HR & Admin. Affairs	Finance & Financial		Operations
	Investment & CF	Business Development		Planning		5

Company Overview

Current Presence

• A'ayan Leasing and Investment Company ("A'ayan") was established in 1998. The company was listed in Boursa Kuwait in 2002. A'ayan's main sectors includes leasing, investment and real estate.
• A'ayan is one of the leading operating lease companies in Kuwait, which has been outperforming with its exceptional achievements.
• After A'ayan's final debt settlement with its creditors, A'ayan has focused on re-strengthening its direct investments sector by expanding into various opportunities to enhance its shareholders' value.
• Real estate sector with its excellent return, adds value constantly and improves A'ayan's profitability.

Subsidiaries

Associates

A'ayan Leasing Holding

Company

100%

Oman Integral Logistics

Company

50%

East Gate Real Estate

Company

100%

Tawazun Holding

Company

44%

Jahra Mall - JV

77%

Light Fields

30%

Mubarrad Holding

Company

41%

A'ayan Real Estate

Company

10%

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A'ayan's Recent Developments

• A'ayan's results for the first quarter ending 31st March 2024 is, indeed, a clear indication of successful achievement in further enhancing A'ayan shareholders' equity value, as a result from implementing the approved strategy of re-building direct investments sector and expanding operating lease portfolio
• For the 2nd consequent year, A'ayan's shareholders approved distribution of cash dividend of 7.5 Fils per share (~ KD 5 million) for the year 2023.
• In addition, Aayan Group has only utilized half of KD 20 million financing facility granted to fully-owned subsidiary and its 1st instalment of KD 1 million was paid during Q1-2024. Still, KD 10 million facility yet to be utilized
• A'ayan has been continuously exploring and evaluating various opportunities across different sectors to re-build and further strengthen its investment and real estate portfolio

Key Financial Metrics
(KD'000)
Income Statement		Q1 2023	Q1 2024	Δ (%)
Total income		6,341	6,914	9%
Net Profit*		2,943	3,461	18%
EPS* (Fils)		4.43	5.21	18%
Financial Position		31 Mar'23	31 Mar'24	Δ (%)
Total assets		152,022	157,783	4%
Total liabilities		51,247	50,107	-2%
Equity*		88,772	96,033	8%
* Attributable to Equity shareholders of A'ayan

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Snapshot - Results & Income

Net Profit* (KD million)

Total Income by Segment (KD'000)

	+18%
2.94	3.46
Q1 2023	Q1 2024

Earnings Per Share* (Fils)

	Q1 2023	Q1 2024	Δ (%)
Leasing	3,742	3,475	-7%
Investment	2,044	2,881	41%
Real estate	555	558	1%
Total	6,341	6,914	9%

Total Income Contribution by Segment (%)

	+18%
	Q1 2023	Q1 2024
	9%	8%	Leasing
	5.21		Investments
4.43		Real Estate
	32%	42%	50%
	59%
Q1 2023	Q1 2024

* Attributable to Equity shareholders of A'ayan

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