Albaad Massuot Yitzhak Ltd. — Investor Presentation 2026

May 18, 2026

May 2026

FINANCIAL RESULTS OVERVIEW Q1.2026

Date: 18/05/2026

Albaad

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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.

Albaad

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COMPANY HIGHLIGHTS

425.7 M
SALES
+0.8% vs. LY
Organic growth 4.6% vs LY

22.4%
GP MARGIN
+2.7% vs. LY

31.5 M
EBIT
+25.1% vs. LY

54 M
EBITDA*
+9% vs. LY

20 M
NET PROFIT*
+93.4% vs. LY

62.7 M
OPERATING CASH FLOW
Free Cash Flow 38.3 M

Albaad
* EBITDA & Net profit from continued operation

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HIGHLIGHTS

Q1.2026 Results VS. Last year (K NIS)

+0.8% Sales in original currency +4.6%
+25.1% Operating Profit
+9% EBITDA continued operation
+93.4% Net Profit +70.1% inc. discontinued operation

	Q1 2026	Q1 2025	Var	Var %
Sales	425,705	422,146	3,559	0.8%
EBIT	31,528	25,194	6,334	25.1%
EBIT (Before Others)	31,528	25,194	6,334	25.1%
EBITDA (Continued operation)	53,974	49,526	4,448	9.0%
Net Profit (Continued operation)	19,999	10,341	9,658	93.4%
Net Profit	19,062	11,204	7,858	70.1%

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Albaad

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SALES & EBIT BY DIVISION

Q1.2026 Results VS. Last year (K NIS)

	Sales				EBIT
	Q1 2026	Q1 2025	Var %	Var % (Org.)	Q1 2026	Q1 2025
Albaad Europe	338,934	332,250	2.0%	6.2%	23,494	18,592
% from sales					6.9%	5.6%
Albaad IL	62,506	59,571	4.9%	6.4%	4,231	1,631
% from sales					6.8%	2.7%
Albaad Fabric IL	82,925	85,519	(3.0%)	2.5%	11,875	8,664
% from sales					14.3%	10.1%
Albaad Fem IL	42,421	48,200	(12.0%)	0.7%	(1,165)	1,957
% from sales					(2.7%)	4.1%
Intercompany	(101,081)	(103,394)			(791)	278
HeadQuarter & Others					(6,116)	(5,928)
Total Company	425,705	422,146	0.8%	4.6%	31,528	25,194
% from sales					7.4%	6.0%

Albaad

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SALES & EBITDA TRENDS 2022-2026

QUARTERLY BASIS (K NIS)

Albaad

• EBITDA from continued operation

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NET DEBT TO EBITDA TRENDS 2023-2026

QUARTERLY BASIS (M NIS)

Albaad

• EBITDA LTM from continued operation

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BALANCE SHEET

AS OF 31.03.2026 VS. 31.12.2025 (K NIS)

		31.03.2026	% from total	31.12.2025	% from total
10M	Cash on hand	10,061	1%	10,809	1%
402M	Net Debt
decreased by 37M	203,933	14%	206,746	14%
495M	Equity	332,072	22%	331,427	22%
33%	Equity from
total balance sheet	49,062	3%	45,068	3%
	Total Current Assets	595,128	40%	594,050	40%
	Non Current Assets	893,929	60%	903,506	60%
	Total Assets	1,489,057	100%	1,497,556	100%
	Credit from banking & institutions	270,288	18%	306,543	20%
	Trade Payables	220,885	15%	199,179	13%
	Other Current Liabilities	133,127	9%	120,374	8%
	Total Current Liabilities	624,300	42%	626,096	42%
	Long-Term Loans from banks	141,389	9%	142,752	10%
	Other Long-Term Liabilities	228,111	15%	241,953	16%
	Total Long-Term Liabilities	369,500	25%	384,705	26%
	Equity	495,257	33%	486,755	33%
	Total liabilities	1,489,057	100%	1,497,556	100%

Albaad

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ESG FOCUS

TTO ESGROYD
maala ESG index 24
Platinum

• Achieved Platinum rating in Maala ESG Index
• 6th 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

Albaad

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SETTLEMENT AGREEMENT

• On May 8, 2026, a mutual settlement and release agreement for the GPMI lawsuit was signed
• Under the agreement, both parties will fully and permanently dismiss all claims against each other
• Saving Legal costs and long procedures
• More management attention to explore new opportunities

Albaad

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11

תוכנית רב שנתית

תוכנית

מיקוד בתפוקות ויעילות תפעולית

ייצוב פיננסי

Albaad

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הגדלת כושר ייצור ופתיחת שווקים

• הגדלת כושר הייצור ושיפור ניצול ההזדמנויות בשוק
  חיזוק האיתנות הפיננסית, המשך הורדת החוב והגעה ליחס חוב של 1.82.
  כעת, לאחר השלמת התשלום האחרון בגין רכישת חברת הבת בספרד בשנה שעברה וכן
  הסדרת עניין התביעה בארה"ב, מתאפשר לחברה להתמקד אף יותר בהגדלת כושר
  הייצור של המפעלים, בבחינת הזדמנויות עסקיות להתרחבות ופתיחת שווקים חדשים.
  כל זאת ללא ויתור על עקרונות השמרנות והיציבות העסקית.

• חידוש העבודות להשלמת קו הייצור החדש בדימונה
  לראשונה בעולם, עם ייצרן הנוכחי, יושמה תוכנית ייחודית של הפעלה תוך בקרה מרחוק
  המאפשרת, למרות האתגר, התקדמות לקראת הפעלה מסחרית במהלך 2026

Albaad

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Q1.2026 SUMMARY

Improvement in our result

Sales

EBITDA (1)

Net Profit (1)

original currency +4.6%

Maintaining positive performance:

Operating Cash Flow

Free (2) Cash Flow

Net Debt To EBITDA

Albaad

(1) EBITDA & Net profit from continued operation

(2) FCF 38.3 M = Operating CF 62.7 M - Repayment of Liabilities for lease 11.1 M + Interest paid 8 M – CAPEX 21.3 M

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THANK YOU