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H1 2026 EARNINGS PRESENTATION August 2026 جسر القرهود Al Garhoud Bridge بوابة تعرفة مرورية Toll Gate DWB1190 1195 C BJC سالك Salik سالك Salik 20 يقنا مدرسا ٩ ٩٧٩ 【 ACYYYY
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Disclaimer 2 No statement in document is intended to be nor may be construed as a profit forecast. Any statements made in this document which could be classed as "forward-looking" are based upon various assumptions, including management’s examination of historical operating trends, data contained in the Company’s records, and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant risks, uncertainties, and contingencies. Forward-looking statements are not guarantees of future performance. Risks, uncertainties, and contingencies could cause the actual results of operations, financial condition, and liquidity of the Company to differ materially from those results expressed or implied in the document by such forward-looking statements. No representation or warranty is made that any of these forward-looking statements or forecasts will come to pass or that any forecast result will be achieved. No reliance should be placed on any forward-looking statement. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of this communication. Furthermore, no representation or warranty is made as to the accuracy, completeness, or reliability of the information contained in this document. The information, statements, and opinions provided herein do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of an offer to buy Salik Shares. In the event of any discrepancy or error in the numbers presented in this document, the information provided in the official financial statements shall prevail. We do not accept any liability for errors or omissions in the information contained herein.
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KEY STRATEGIC HIGHLIGHTS
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KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS Key Highlights during the H1 2026 Resilient Financial Performance Maintained a resilient financial profile through disciplined execution, strong profitability margins and a robust business model despite macroeconomic and geopolitical headwinds. Recovery Momentum Traffic and mobility trends showed encouraging signs of recovery during the latter part of the period, providing early signs of recovery in traffic momentum. Positive Long-Term Outlook Dubai reaffirmed its long-term growth ambitions through the announcement of major infrastructure projects during the period, reinforcing confidence in the emirate’s economic outlook despite the prevailing geopolitical environment. Strategy on Track Despite the challenges experienced during H1 2026, Salik continued to execute its long-term strategy by expanding its ancillary services portfolio through key strategic agreements and partnerships.
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OPERATIONAL HIGHLIGHTS MoU with DIEZ to deliver seamless mobility solutions across more than 21,000 parking spaces at DAFZ, Dubai Silicon Oasis and Dubai CommerCity, marking the launch of a new business vertical Total chargeable trips within the core tolling business reached 278.5 million in H1 2026, reflecting the resilience of Salik’s business model during geopolitical uncertainty The Parkonic partnership continued to scale, with Salik's E-Wallet now live at 180 of 230+ locations, driving substantial growth in ancillary revenue 1) EBITDA is profit for the period, excluding the impact of finance cost, finance income, depreciation and amortization expenses and income tax expense.5 Financial and operational highlights in H1 2026 and Q2 2026 FINANCIAL HIGHLIGHTS H1 2026 Q2 2026 278.5 MN Chargeable Trips 132.8 MN Chargeable Trips AED 704.0 MN AED 975.6 MN AED 334.8 MN AED 468.4 MN TOTAL CHARGEABLE TRIPS REVENUES NET PROFIT EBITDA1 8.4% YoY EBITDA Margin: 69.1% 14.1 % YoY EBITDA Margin: 68.6% 8.7% YoY Net Profit Margin: 49.9% 16.4% YoY Net Profit Margin: 49.0% AED 1,412.0 MN AED 683.1 MN 11.9% YoY Revenue7.5% YoY Revenue KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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6 Consistent strategic progress through 2026 RTA Concession Agreement updated to reflect the move from fixed to variable pricing Dubai Airports 10-year agreement for E-Wallet parking across DXB Terminals 1, 2, 3 and the Cargo Mega Terminal Valtrans Digital valet parking payments across 100+ Valtrans-operated sites in the UAE Shamal Seamless parking payments at Harbour West Car Park, Dubai Harbour DIEZ MoU to deploy access control and parking optimisation across 21,000+ spaces at DAFZ, Dubai Silicon Oasis and Dubai CommerCity KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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7 Macroeconomic Indicators Sources: Dubai Media Office; Dubai Statistics Center; S&P Capital IQ Pro; Dubai Airports/WAM; Dubai DOF; CBUAE; Moody's, S&P Global, Fitch Ratings. DUBAI POPULATION (M) CAGR +7.0% 3.49 3.55 3.65 3.86 4.58 2021 2022 2023 2024 2025 Source: Dubai Statistics Center (2021-24); 2025 per Dubai Population Now census, Government of Dubai Media Office. UAE REAL GDP GROWTH (%) 4.6 7.5 4.3 6.6 6.2 1.7 9.8 2021 2022 2023 2024 2025 2026E 2027E Source: S&P Capital IQ Pro (As-Reported); 2026E-27E per CBUAE Quarterly Economic Review, June 2026. CAGR on real GDP level (2020-25). Demand drivers & macro indicators 100m DXB pax target by 2027 AED 302.7bn 2026–28 Dubai budget cycle 48% of budget to infrastructure in 2026 52.1 UAE PMI Apr-26 (>50 = expansion) +30.3% Dubai RE transaction value YoY (Q1-26) 11.7% employment growth YoY (Mar- 26) Structural population growth Dubai 2040 Master Plan targets 5.8m residents across five urban centres, adding permanent daily commuters to Salik's network. UAE Sovereign ratings affirmed with stable outlooks, supported by strong fiscal buffers and resilience to regional shocks Aa2 Stable 12 Jun 2026 AA Stable 6 Mar 2026 AA- Stable 22 May 2026 CAGR +5.8% 0.67 4.67 3.33 3.27 2.79 2.90 2021 2022 2023 2024 2025 2026E DUBAI INFLATION (%) Source: Historical based on CPI changes per Dubai Statistics Center, Forecast based on ENBD research Drivers Supporting Growth Drivers Impacting Inflation Protection KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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Government initiatives and supporting measures INFRASTRUCTURE DEVELOPMENT Landmark projects Approved by The Executive Council across infrastructure, investment and urban planning (Jul- 26). First Al Khail corridor Peak travel time on SZR via the 15km First Al Khail corridor; 2.6m people served, +c.9,000 vehicles/hr (2027–30). Road network expansion Government-led road network expansion and intersection upgrades across key corridors. Rail build-out Metro Blue and Gold Lines under delivery, alongside the Etihad Rail national network. Al Maktoum International Airport (DWC) Despite regional tensions, Dubai Airports CEO reaffirms that the new airport's vision will remain “firmly on track” with “ambition remains unchanged”. Phase 1 on track for 2032 with original date remaining unchanged; designed to scale to 150m passengers/year. INVESTMENT & BUSINESS ENVIRONMENT Business support package Fee deferrals and customs extensions across tourism and trade; 33 initiatives over 3–12 months. Financial Resilience Package Pre-emptive liquidity support programme for financial institutions (Mar-26). Dubai Investor Register D33 FDI target by 2033, supported by the unified Dubai Investor Register across all zones. Free-zone relief Flexible payment plans on licences and fees; rent stabilisation and waiver of minor penalties. Strong fiscal position 2025 surplus of 3.7% of GDP, with gross government debt projected to decline to c.31% of GDP in 2026, underpinning capacity for continued public investment through the cycle. TOURISM & RESIDENT ATTRACTION Visa-on-arrival expansion Added to visa-on-arrival: Indonesia, Vietnam, Thailand, Philippines, Kenya and South Africa (25 Jun-26). Fast-track tourist visas Single-entry 30 and 60-day tourist visas processed within 48 working hours (GDRFA). Property visa liberalised Minimum investment for the two-year property residency, after removal of the AED 750k floor. Summer tourism push City discounts via My Emirates Pass with complimentary hotel stays; Dubai Summer Surprises, 2 Jul–30 Aug. Contingency tourism support Potential AED 5–10bn targeted support scheme for the tourism sector, plus the AED 5bn UAE National Tourism Fund, available for activation should regional conditions persist. Sources: Government of Dubai Media Office (Jul 2026); CBUAE Quarterly Economic Review (Jun 2026); UAE MoFA / ICP; GDRFA; Dubai DOF/WAM; Dubai Airports; Khaleej Times; Gulf News. KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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KEY OPERATIONAL HIGHLIGHTS 9
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Total Trips (mn) Registered Active Vehicles (mn)Registered Active Accounts (mn) +7.2% YoY +6.6% YoY +1.0% QoQ 4.56 4.85 4.88 Q2 2025 Q1 2026 Q2 2026 2.69 2.83 2.86 Q2 2025 Q1 2026 Q2 2026 Total Chargeable Trips (mn) +0.8% QoQ 213.4 197.2 186.6 Q2 2025 Q1 2026 Q2 2026 -12.6% YoY -5.4% QoQ 57.7 53.7 49.3 86.3 75.9 70.3 16.4 16.2 13.2 Q2 2025 Q1 2026 Q2 2026 Peak Off Peak Past Midnight 160.4 132.8 10 Salik’s core tolling business demonstrates continued resilience 145.7 -17.2% YoY -8.9% QoQ KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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Quarterly Total Trips by Gate (mn) 11 1. Al Safa South and Business Bay Crossing opened on 24 November 2024 Quarterly Total Trips (mn) 146.1 147.9 213.4 186.6 Q2 2023 Q2 2024 Q2 2025 Q2 2026 Total Chargeable Trips (mn) 7.0 28.9 21.9 14.7 19.0 17.1 27.3 10.2 7.2 28.9 22.0 15.7 18.7 16.3 27.8 11.4 7.8 30.4 26.1 14.4 21.3 18.0 29.9 12.2 18.4 35.0 7.1 24.7 22.7 13.0 20.5 17.3 25.4 10.4 15.6 29.9 Airport Tunnel Al Barsha Al Garhoud Bridge Al Maktoum Bridge Al Mamzar North Al Mamzar South Al Safa North Jebel Ali Business Bay Crossing Al Safa South Q2 2023 Q2 2024 Q2 2025 Q2 2026 Total Chargeable Trips by Gate (mn) -12.6% YoY 11 6.5 25.1 21.4 11.4 11.5 9.2 14.2 11.2 16.6 19.3 14.1 6.3 22.8 20.8 11.2 11.7 9.2 13.5 10.7 15.6 18.1 12.3 7.2 26.8 22.2 12.1 12.2 9.3 15.3 12.3 17.1 20.4 13.5 6.5 22.8 19.5 11.0 11.1 8.5 13.3 10.5 15.2 17.7 9.6 5.8 20.5 18.7 10.0 11.1 8.7 12.1 9.5 13.9 16.6 5.9 Airport Tunnel Al Barsha Al Garhoud Bridge Al Maktoum Bridge Al Mamzar North Al Mamzar South Al Safa North Jebel Ali Business Bay Crossing Al Safa South Taxis with Passenger Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 53.7 49.3 75.9 70.3 16.2 13.2 Q1 2026 Q2 2026 Peak Off Peak Past Midnight Evolution of quarterly trips by gate -8.9% QoQ 145.7 132.8 KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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Variable Pricing 12 The approved system for variable pricing road tolls Peak Hours 6:00 AM to 10:00 AM 4:00 PM to 8:00 PM Off-Peak Hours 10:00 AM to 4:00 PM 8:00 PM to 1:00 AM Past Midnight 1:00 AM to 6:00 AM Weekdays AED 6 AED 4 AED 0 Sundays, with the exception for public holidays and Events AED 4 AED 4 AED 0 During the Holy Month of Ramadan The approved system for variable pricing road tolls Peak Hours 9:00 AM to 5:00 PM Off-Peak Hours 7:00 AM to 9:00 AM 5:00 PM to 2:00 AM Past Midnight 2:00 AM to 7:00 AM Weekdays AED 6 AED 4 AED 0 Sundays, with the exception for public holidays and Events AED 4 AED 4 AED 0 For all days of the year, except Ramadan Variable pricing showed consistency on traffic distribution since implementation Timing Traffic Distribution in FY24 Based on Fixed Pricing (4 Dirhams) 8% 11% 10% 11% 10% 11% 10% 52% 52% 54% 53% 54% 52% 53% 40% 37% 36% 36% 36% 37% 37% FY24 Feb-Mar Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Past Midnight Off Peak Peak KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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Providing seamless Parking Payment Solutions through key partnerships KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS Barrier-free parking payment solution operational since July 1, 2024 at world-famous Dubai Mall Salik-integrated Parkonic network in the UAE 100% Seamless autopayment 5-Year Contract term 4-5% Chargeable transactions of total 230+ Total Parkonic sites 180 Live with Salik’s Wallet Live Salik sites by emirate 143 Dubai 21 Abu Dhabi 10 Sharjah 2 Al Ain 2 Khor Fakkan 1 Fujairah 1 RAK Seamless E-Wallet Parking Payments at Dubai Airports operational since January, 2026 100% Seamless autopayment 10-year Contract term 7,400 Spaces at T1, T2, T3 and Cargo Mega Terminal Partnership with Valtrans to Enable Digital Valet Parking Payment Services Seamless parking payments at Dubai Harbour’s Harbour West Car Park, live from 13 July 2026 100+ Locations across the UAE Leading transportation management company 1st Digital valet parking payment integration 100% Seamless autopayment 9 Storeys incl. rooftop parking 845 Parking spaces at Harbour West Smart mobility partnership with DIEZ to deploy access control and parking optimisation across Dubai's economic zones 21,000+ Parking spaces New Smart mobility vertical 3 Economic zones: DAFZ, DSO and Dubai CommerCity 13
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1414 Partnerships & multiple recently signed MOUs Leveraging Salik’s comprehensive database by sending timely reminders for motor insurance renewal, redirecting customers to LIVA’s portal Partnership with LIVA (formerly RSA), a leading multi-line insurer in the GCC One-of-a-kind bespoke insurance solution to drivers in the UAE Notifications include a link directing customers to a LIVA landing page Enables Salik to leverage its comprehensive database Memorandums of Understanding - Further Expansion in the Ancillary Stream Integration of Salik’s E-Wallet with EV chargers Successful progress in implementing the Proof of Concept Rollout across 1,800+ charging points expected in Q3 2026 Salik and Enoc to pilot seamless payment solutions at 4–5 fuel stations in H2-2026 A formal agreement to follow for network- wide rollout contingent on successful completion of the pilot KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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KEY FINANCIAL HIGHLIGHTS
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Total Chargeable Trips (mn) 96.9 102.9 193.8 146.2 27.6 29.3 H1 2025 H1 2026 Peak Off Peak Past Midnight -12.5% YoY 318.4 278.5 16 Resilient profitability maintained despite revenue and traffic headwinds ATTRACTIVE MACRO CONDITIONS OUR STRATEGY STRATEGIC & OPERATIONAL HIGHLIGHTS FINANCIAL HIGHLIGHTS OUTLOOK OUR BUSINESS MODEL SALIK AT A GLANCE STOCK PERFORMANCE 775.7 683.1 1,527.3 1,412.0 Q2 2025 Q2 2026 H1 2025 H1 2026 AED Million -7.5% YoY -11.9% YoY Revenue 545.3 468.4 1,065.0 975.6 Q2 2025 Q2 2026 H1 2025 H1 2026 EBITDA Net Profit AED Million AED Million -14.1% YoY -8.4% YoY 400.2 334.8 770.9 704.0 Q2 2025 Q2 2026 H1 2025 H1 2026 -16.4% YoY -8.7% YoY
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17 85.2% 10.2% 4.6% 69.1% AED Million 54.8%% of total revenue Income TaxOperating CostsTotal Revenue - EBITDA= PBT Net ProfitDepreciation, Amortization & Net Finance Costs = - =- # of total chargeable trips x Variable Tariff Vehicles with no Salik tags or insufficient funds Tags activation fees, inactive balances write off, delivery fees, SMS transaction fees, parking payment solutions, insurance etc. 23.12% of Toll Usage Fees in FY 2026 based on the 2025 blended tariff of AED 4.28 and the inflation rate of 2.78% TransCore Contract costs (O&M, software, tags & recharge cards) Commissions, employee benefits, impairment, etc. 9% UAE Corporate Tax Rate 49.9% Profit for the period, excl. tax, finance cost, finance income, and depreciation and amortization expense Useful lives of property and equipment, and intangible assets. Finance income minus finance costs EBITDA minus depreciation and amortization, net finance costs. Profit for the period including 9% UAE Corporate tax Streamlined business model 1,202.5 975.6 773.6 704.0 (74.5) (83.9) (72.6) (129.3) (69.6) 144.4 65.1 ( 278.0 ) Toll usage fees Fines Other Concession fee O&M and related costs Other EBITDA Depreciation & Amortization Finance costs, net Profit before tax Income tax Profit for the H1 2026 period KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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Defensive revenue supported by diversified streams 691.3 655.2 724.0 625.5 577.0 1,356.9 1,202.5 65.9 72.4 73.8 69.1 75.2 134.3 144.4 18.5 20.1 24.1 34.3 30.9 36.0 65.1 775.7 747.7 821.9 728.9 683.1 1,527.3 1,412.0 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 H1 2025 H1 2026 AED Million Other¹FinesToll usage fees 1. Other revenue includes tag activation fees, parking payment solution, insurance, and miscellaneous revenue. Q1 2026 and Q2 2026 include one-off revenues of AED 11.9M and AED 6.9M respectively, relating to old unused recharge cards and tags with remote probability of being consumed (as per IFRS). 18 -7.5% YoY -6.3% QoQ -11.9% YoY 245.9 253.9 251.8 261.7 272.9 241.2 279.8 255.8 193.2 216.7 219.6 246.8 AED Million Jan Feb Mar Apr May Jun H1 2026H1 2025 2.3% YoY KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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EBITDA Evolution (AED million) 19 69.1%Margin69.7% EBITDA (AED million) Key drivers (YoY) (−) Revenue declined YoY, reflecting softer toll usage fees amid lower traffic volumes following the exceptional regional events that began in late February 2026. (+) Concession fees decreased in line with toll usage revenue. (-) Other expenses increased with employee benefits and BOD Renumeration being the primary drivers (115.3) 27.3 1,065.0 3.8 (5.2) 975.6 H1 2025 Δ in revenue Concession fees O&M expenses Other income & expenses H1 2026 1. Includes software enhancement cost and cost of tags and recharge cards which is part of the TransCore agreement. 2. Includes employee benefit expenses, BoD remuneration, professional fees, impairment loss on receivables, other expenses and other income. 1 2 1,439.9 1,390.1 1,579.1 2,143.9 1,065.0 975.6 2022 2023 2024 2025 H1 2025 H1 2026 EBITDA margin (%) 65.9%76.1% 69.7% 69.1% 68.9% Concession begins July 2022 Full Year of Concession fees -8.4% YoY +35.8% YoY Margins since 2023 reflect Salik’s new cost profile as a concessionaire H1 2026 EBITDA of AED 975.6 million at a stable 69.1% margin 69.2% KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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20 Net Profit (AED million) Key drivers (YoY) (−) Revenue declined YoY, reflecting softer toll usage fees amid lower traffic volumes following the exceptional regional events that began in late February 2026. (+) Concession fees decreased in line with toll usage revenue. (+) Finance costs declined in H1 2026 with lower outstanding debt compared to H1 2025 and lower EIBOR (-) Other expenses increased with employee benefits and BOD Renumeration being the primary drivers Net Profit Evolution (AED million) 1,325.7 1,098.0 1,164.5 1,553.4 770.9 704.0 2022 2023 2024 2025 H1 2025 H1 2026 Net Profit margin (%) 52.1%70.1% 50.5% 49.9% 50.8% Concession begins July 2022 Full Year of Concession fees -8.7% YoY Margins since 2023 reflect Salik’s new cost profile as a concessionaire 1. Includes software enhancement cost and cost of tags and recharge cards which is part of the TransCore agreement. 2. Includes depreciation and amortisation, employee benefit expenses, BoD remuneration, impairment loss on receivables, professional fees, other expenses and other income. Profitability sustained with H1 2026 net profit margin of 49.9% Margin Net Profit margin before tax Net Profit margin after tax 1 2 (115.3) 770.9 27.3 16.2 3.8 6.6 (5.5) 704.0 H1 2025 Δ in revenue Concession fees Net Finance Cost O&M expenses Income Tax Other income & expenses H1 2026 +33.4% YoY 50.2% 55.5% 54.8% 49.9%50.5% KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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Free cash flow bridge H1 2026 (AED million)Free cash flow evolution (AED million) 1 0.0 20.7 0.7 551.0 975.6 (446.0) 0.1 H1 2026 EBITDA Changes in WC Income tax paid Impairment loss CAPEX Employee EOSB H1 2026 FCF Key drivers (YoY) (+) Change in working capital due to timing difference in collections from and payments to related parties as well as payment to subcontractor for toll operation and maintenance. (+) Add back of non-cash impairment loss on receivables. 39.0%69.1% Margin 1. CAPEX: refers to purchase of property & equipment and intangibles on the cash flow statement. The Capex includes adjustment to PPE 1,512.5 1,449.6 1,457.2 2,079.6 1,111.6 551.0 2022 2023 2024 2025 H1 2025 H1 2026 Free Cash Flow margin(%) 68.7%79.9% 72.8% 39.0% 63.6% Concession begins July 2022 Full year of concession fees 21 H1 2026 free cash flow of AED 551.0 million, with the YoY movement driven by working capital timing +42.7% YoY 67.1% -50.4% YoY KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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1. Net debt is the balance of borrowing plus current and non-current portion of lease liabilities minus cash and cash equivalents minus short-term deposits. 2. RTA liability includes liability in relation to the toll operation rights for two new gates Total Borrowings2 (AED, mn) Total Cash (AED, mn) AED 5.0 bn Net debt1 As of June 30, 2026 2.45x Net debt-to-T12M EBITDA As of June 30, 2026 Strong credit ratings A3 Reaffirmation of Long-Term Issuer Default Rating of ‘A3’ (December 2025) Outlook Stable Net Debt < 5x Covenant A Reaffirmation of Long-Term Issuer Rating of ‘A’ (July 2026) Outlook Negative 22 Healthy balance sheet with conservative leverage of 2.45x EBITDA 3,996.8 5,628.7 1,631.9 ST Borrowings RTA Liabilities Total Borrowings 460.1 134.5 594.6 ST Deposits Cash /Cash equivalents Total Cash KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS
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OUTLOOK
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24 FY 2026 guidance reflects the impact on traffic trends driven by recent geopolitical events Revenue Growth (%) EBITDA Margin (%) Net Profit Margin before Tax (%) Net Profit Margin after Tax (%) Cash Dividends (Subject for BoD recommendation and AGM Approval) FY 2026 Guidance 1. Dividend policy is designed to reflect the Company’s expectation of strong cash flow and expected long-term earnings potential 2. 100% of Profit Unchanged The revised revenue growth range reflects the gradual recovery in traffic volume, with normalization expected during Q3 2026 Revised 2026 Guidance Assumptions1 1. As per the approved new formula, concession fees rate has increased to 23.12% from 22.50%, based on the 2025 blended tariff of AED 4.28 and the inflation rate of 2.78% 2. Revised Margins are slightly lower, as supported by the defensive nature of Salik’s cost structure, and cost optimization initiatives FY 2026 Revised Guidance1 -3-0% 67.5%-68.5% 54.0%-55.0% 49.5%-50.5% 100% of net profit FY 2026 Previous Guidance 4-6% 100% of net profit 68.0%-69.0% 54.5%-55.5% 50.0%-51.0% KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS 1 Revised guidance was issued in Q1 2026
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Concluding remarks – H1 2026: Profitability and momentum through a softer period KEY OPERATIONAL HIGHLIGHTS KEY FINANCIAL HIGHLIGHTS OUTLOOKKEY STRATEGIC HIGHLIGHTS Resilient through a softer period - revenue of AED 1,412.0mn (-7.5% YoY) on softer toll traffic High Profitability margins maintained despite challenging operating environment, with an EBITDA margin of 69.1% in H1 2026 Ancillary streams scaling, with E-Wallet parking live at Dubai Airports and Parkonic, extended through Valtrans, Shamal and DIEZ Core tolling resilient in H1 2026: 383.8mn total trips and 278.5mn chargeable trips despite softer traffic FY2026 guidance maintained, with revenue growth of (3)%–0% and traffic expected to recover during Q3 25
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For enquiries, please contact Investor Relations: Wassim El Hayek Head of Investor Relations E: wassim.elhayek@salik.ae THANK YOU