Albaad Massuot Yitzhak Ltd. — Investor Presentation 2025

Aug 14, 2025

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-

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