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Albaad Massuot Yitzhak Ltd.

Investor Presentation Aug 14, 2025

6630_rns_2025-08-14_ddda419b-9a28-48cb-9a82-514a7f9846bb.pdf

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FINANCIAL RESULTS OVERVIEW Q2.2025

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.

מה היה לנו הרבעון !

  • תשלום אחרון בגין רכישת Care Optimal בסך 8.1 מ' יורו שמסתכם ל- 40.5 מ' יורו (24.3 מ' יורו מאי 2021 ברכישה, 8.1 מ' יורו מאי ,2023 8.1 מ' יורו מאי 2025)
    • רבעון שיא בהכנסות 462 מ' ₪ צמיחה של ,5% אורגנית 4%
      • All rights reserved © Albaad 2025 פרויקט הגדלת כושר הייצור בתחום המגבונים באמצעות שיפור תהליכים ואופטימיזציה בין המפעלים, הייצור הכמותי בחציון גדל בכ9%-
        • פרוייקט שיפור תפוקות מפעל הבדים במשואות שהגדיל משמעותית את הרווחיות של חטיבת הבדים
          • הטמעת מערכת SAP-ERP בספרד
    • מציאת שוכר משנה חדש בתנאים משופרים למבנה השכור בארה"ב לכל אורך תקופת ההסכם המקורי

COMPANY HIGHLIGHTS

33.7 M EBIT* 462 M SALES Organic growth 3.8% vs. LY

-0.3% vs. LY +5.1% vs. LY

20.2 M NET PROFIT**

+35.6% vs. LY

20.3% GP MARGIN

-0.8% vs. LY

EBITDA** +0.6% vs. LY

38.2 M OPERATING CASH FLOW Free Cash Flow 23.1M 58.2 M

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

HIGHLIGHTS

Q2.2025 Results VS. Last year (K NIS)

+5.1% Sales
Sales in original currency +3.8%
-0.3% Operating Profit
+1.1% including others
+0.6% EBITDA
+36% Net Profit
+64% inc. discontinued operation
Q2 2025 Q2 2024 Var Var %
462,323 440,017 22,306 5.1%
Sales
EBIT 34,769 34,396 373 1.1%
EBIT (Before Others) 33,687 33,790 -103 -0.3%
EBITDA (Continued operation) 58,165 57,791 374 0.6%
Net Profit (Continued operation) 20,204 14,900 5,304 35.6%

* SALES & EBIT BY DIVISION

Q2.2025 Results VS. Last year (K NIS)

*
*
Sales
EBIT
Q2 2025
Q2 2024
Q2 2025
Q2 2024
Var %
Var % (Org.)
Albaad Europe
367,461
348,597
23,442
30,688
5.4%
4.1%
% from sales
6.4%
8.8%
Albaad IL
66,992
55,216
1,965
3,128
21.3%
20.7%
% from sales
2.9%
5.7%
Albaad Fabric IL
97,125
82,760
17,649
3,547
17.4%
15.9%
% from sales
18.2%
4.3%
Albaad Fem IL
52,647
51,952
3,630
2,581
1.3%
4.8%
% from sales
6.9%
5.0%
Intercompany
(121,902)
(98,508)
(6,979)
(687)
HeadQuarter & Others
(6,020)
(5,467)
Total Company
462,323
440,017
33,687
33,790
5.1%
3.8%
% from sales
7.3%
7.7%
Other Income/Expenses
1,082
606
Total Company
462,323
440,017
34,769
34,396
5.1%
3.8%
% from sales
7.5%
7.8%

* SALES & EBITDA TRENDS 2023-2025

QUARTERLY BASIS (K NIS)

NET DEBT TO EBITDA TRENDS 2023-2025 * QUARTERLY BASIS (M NIS)

HIGHLIGHTS

H1.2025 Results VS. Last year (K NIS)

+3.3% Sales
Sales in original currency +4.2%
-1.1% Operating Profit
-0.3% including others
+1.5% EBITDA
+25% Net Profit
+21.9% inc. discontinued operation
H1 2025 H1 2024 Var Var %
Sales 884,469 856,239 28,230 3.3%
59,963 60,151 -188 -0.3%
EBIT -664 -1.1%
EBIT (Before Others) 58,881 59,545
EBITDA (Continued operation) 107,691 106,069 1,622 1.5%
Net Profit (Continued operation) 30,545 24,412 6,133 25.1%

* SALES & EBIT BY DIVISION

H1.2025 Results VS. Last year (K NIS)

*
*
EBIT
H1 2025 H1 2024 Var % Var % (Org.) H1 2025 H1 2024
Albaad Europe
% from sales
699,711 674,607 3.7% 5.3% 42,034
6.0%
53,775
8.0%
Albaad IL
% from sales
126,563 111,045 14.0% 14.6% 3,596
2.8%
6,201
5.6%
Albaad Fabric IL
% from sales
182,644 159,804 14.3% 16.0% 26,313
14.4%
6,636
4.2%
Albaad Fem IL
% from sales
100,847 101,088 (0.2%) 2.3% 5,587
5.5%
3,873
3.8%
Intercompany (225,296) (190,305) (6,701) 46
HeadQuarter & Others (11,948) (10,986)
Total Company
% from sales
884,469 856,239 3.3% 4.2% 58,881
6.7%
59,545
7.0%
Other Income/Expenses 1,082 606
Total Company
% from sales
884,469 856,239 3.3% 4.2% 59,963
6.8%
60,151
7.0%

BALANCE SHEET

AS OF 30.06.2025 VS. 31.12.2024 (K NIS)

BALANCE SHEET
AS OF 30.06.2025 VS. 31.12.2024 (K NIS)
30.06.2025 % from total 31.12.2024 % from total
Cash and cash equivalents 9,413 1% 25,158 2%
9M Cash on hand Trade Receivables 220,069 14% 219,046 15%
Inventory 357,732 23% 316,837 21%
Other Current Assets 42,612 3% 36,067 2%
430M Net Debt Total Current Assets 629,826 41% 597,108 40%
Non Current Assets 914,697 59% 912,848 60%
Total Assets 1,544,523 100% 1,509,956 100%
483M
31%
Equity, Increased by 44m Credit from banking & institutions 274,761 18% 286,592 19%
Trade Payables 234,165 15% 216,362 14%
Other Current Liabilities 141,026 9% 154,501 10%
Equity from
total balance sheet
Total Current Liabilities 649,952 42% 657,455 44%
Long-Term Loans from banks 164,870 11% 157,025 10%
Other Long-Term Liabilities 247,093 16% 258,109 17%
Total Long-Term Liabilities 411,963 27% 415,134 27%
Equity 482,608 31% 437,367 29%
Total liabilities 1,544,523 100% 1,509,956 100%

11

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 back on site finalizing the assembly. Commercial production is expected in 2026
  • Approximately 176M NIS invested up to June 2025 from total budget of about 200M NIS

ESG FOCUS

  • 6 th consecutive year of high-tier recognition
  • Reflects our commitment to sustainable business practices and demonstrates consistent excellence and improvement in:
    • Environmental stewardship
    • Social responsibility
    • Corporate governance

Q2.2025 SUMMARY

Improvement in our result

Maintaining positive performance for Q2.2025

פעולות אל מול אבני דרך בתוכנית הרב שנתית

  • הגדלת כושר הייצור ושיפור ניצול ההזדמנויות בשוק השקעה במחסן ומכונות בסך של 5.7 מ' יורו באירופה (בעיקר בפולין)
    • השלמת הקמת המפעל החדש בדימונה לקראת הפעלה מסחרית בשנת 2026
  • תפעול ממוקד רווחיות שיפור היעילות התפעולית ואופטימיזציה של תהליכי הרכש
    • תשלום דיבידנד של 20 מ' ₪ בתחילת אוקטובר

הגדלת כושר ייצור ופתיחת שווקים

מיקוד בתפוקות ויעילות תפעולית

יעילות בייצור, שיפור תהליכים ואופטימיזציה רכש גלובלי

מימוש תוכנית הייצוב הפיננסי הורדת יחס חוב ל-EBITDA מ6- ל2-

THANK YOU

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