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Albaad Massuot Yitzhak Ltd.

Investor Presentation May 15, 2025

6630_rns_2025-05-15_de9a5648-b8a7-498c-b14f-57edb9c9223f.pdf

Investor Presentation

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FINANCIAL RESULTS OVERVIEW Q1.2025

FORWARD LOOKING STATEMENT

Legal disclaimer Important notice This presentation (the "Presentation") is for informational purposes only and does not constitute or form any part of any offer for sale or subscription of, or solicitation of, any offer to buy or subscribe for any shares of Albaad Massuot Yitzhak LTD. (the "Company") or any of its

affiliated entities. This presentation contains partial information from the public reports of the Company under the Israeli Securities Law 5728-1968 (the "Securities Law"), which can be accessed on the Israeli Securities Authority's website, www.magna.isa.gov.il. A review of this presentation is not a substitute for a review of the detailed reports of the Company under the Securities Law and is not meant to replace or qualify them; rather, the presentation is prepared merely for the convenience of the reader, with the understanding that the detailed reports are being reviewed simultaneously.

Everything stated in this Presentation with respect to an analysis of the Company's business is merely a summary and any forward-looking statements involve risks and uncertainties. These statements include descriptions regarding the intent, belief or current expectations of the Company. Such forward-looking statements are not guarantees of future results, performance or achievements and are based on current expectations, estimations, and assumptions, involve certain risks and uncertainties which are difficult to predict and are not guarantees of future performance. Therefore, actual future results, performances or achievements of the Company may differ materially from what is or may be expressed or implied in this presentation due to a variety of factors, many of which are beyond the Company's control, including, without limitation, certain risk factors contained in the Company's reports. The Company disclaims any obligation or commitment to update these forward-looking statements to reflect new information, future events or developments or changes in expectations, estimates, projections and assumptions or otherwise.

COMPANY ACHIEVEMENTS

SALES +1.4% vs. LY Organic growth 4.7% vs. LY

19.7% GP MARGIN -0.5% vs. LY

422 M 25.2 M

EBIT* -2.2% vs. LY

EBITDA**

49.5 M 10.3 M NET PROFIT** 32.7 M

+8.7% vs. LY

+2.6% vs. LY OPERATING CASH FLOW Free Cash Flow 15.5M

* EBIT before others ** EBITDA & Net profit from continued operation

HIGHLIGHTS

Q1.2025 Results VS. Last year (K NIS)

+1.4% Sales
Sales in original currency +4.7%
-2.2% Operating Profit
+2.6% EBITDA
+1.9% inc. discontinued operation
+8.7% Net Profit
-22.7% inc. discontinued operation
Q1 2025 Q1 2024 Var Var %
Sales 422,146 416,222 5,924 1.4%
EBIT 25,194 25,755 -561 -2.2%
EBIT (Before Others) 25,194 25,755 -561 -2.2%
EBITDA (Continued operation) 49,526 48,278 1,248 2.6%
49,542 48,626 916 1.9%
EBITDA 829 8.7%
Net Profit (Continued operation) 10,341 9,512

* SALES & EBIT BY DIVISION

Q1.2025 Results VS. Last year (K NIS)

Q1 2025 Sales
Q1 2024
Var % Var % (Org.) Q1 2025 *
EBIT
Q1 2024
Albaad Europe
% from sales
332,250 326,010 1.9% 6.6% 18,592
5.6%
23,087
7.1%
Albaad IL 59,571 55,829 6.7% 8.5% 1,631 3,073
% from sales
Albaad Fabric IL
% from sales
85,519 77,044 11.0% 16.2% 2.7%
8,664
10.1%
5.5%
3,089
4.0%
Albaad Fem IL
% from sales
48,200 49,136 (1.9%) (0.3%) 1,957
4.1%
1,292
2.6%
Intercompany (103,394) (91,797) 278 732
HeadQuarter & Others (5,928) (5,518)
Total Company
% from sales
Other Income/Expenses
422,146 416,222 1.4% 4.7% 25,194
6.0%
25,755
6.2%
Total Company
% from sales
422,146 416,222 1.4% 4.7% 25,194
6.0%
25,755
6.2%

* SALES & EBITDA TRENDS 2023-2025

QUARTERLY BASIS (K NIS)

NET DEBT TO EBITDA TRENDS 2023-2025 *

QUARTERLY BASIS (K NIS)

BALANCE SHEET

AS OF 31.03.2025 VS. 31.03.2024 (K NIS)

BALANCE SHEET
AS OF 31.03.2025 VS. 31.03.2024 (K NIS)
31.03.2025 % from total 31.03.2024 % from total
Cash and cash equivalents 11,805 1% 17,921 1%
Trade Receivables 234,279 15% 218,944 14%
12M Cash on hand Inventory 352,758 23% 321,982 21%
Other Current Assets 44,091 3% 34,925 2%
Reduction in short term loans Total Current Assets 642,933 41% 593,772 38%
156M Non Current Assets 919,948 59% 969,348 62%
Total Assets 1,562,881 100% 1,563,120 100%
Credit from banking & institutions 252,602 16% 408,829 26%
460M Equity, Increased by 44m Trade Payables 245,718 16% 213,289 14%
Other Current Liabilities 171,548 11% 111,445 7%
Equity from Total Current Liabilities 669,868 43% 733,563 47%
29% total balance sheet Long-Term Loans from banks 178,627 11% 135,332 9%
Other Long-Term Liabilities 253,845 16% 277,644 18%
Total Long-Term Liabilities 432,472 28% 412,976 26%
Equity 460,541 29% 416,581 27%
Total liabilities 1,562,881 100% 1,563,120 100%

INNOVATION & FUTURE GROWTH GREEN PRODUCT LINE IN DIMONA THE NEXT GENERATION

  • Green hybrid production line that enables production in both paper technology and green non-woven technology
  • The Hydrofine® Products from the new hybrid line will serve both flushable MTT wipes as well as traditional baby, cosmetic and cleaning wipes
  • All Hydrofine® Products are made from 100% natural, plant based components
  • Professional technicians are on site finalizing the assembly. Production is expected H2.2025
  • Approximately 173M NIS invested up to March 2025 from total budget of about 200M NIS

Q1.2025 SUMMARY

Improvement in our result

Maintaining positive performance for Q1.2025

FURTHER PROFITABILITY IMPROVEMENT

Production Optimization & Capacity increase

Dimona Green Hybrid production line

Focusing on New Customers & Innovation products

11

INCREASING GROWTH RATE AND ENHANCING THE COMPANY'S PRODUCTION CAPABILITIES

THANK YOU

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