Trg Pakistan — Investor Presentation (June 2021)

6 slides from Trg Pakistan's investor presentation, Jun 28, 2021

Slide 1: TRG Pakistan Corporate Briefing Session
TRG Pakistan Corporate Briefing Session 28th June 2021
Slide 2: TRG Pakistan Capital Structure
TRG Pakistan Capital Structure 20.1% 37.9% Pinebridge Afiniti Series A Preferred Common + $46m liquidation Series A/B/C/E pref Preferred $57m @ ~14% Junior Debt 17 Capital 85% Public TRG Pakistan 45.3% Limited Series B Preferred TRG 63.5% $49m liquidation Ibex pref International Common TRG Group Lim
Slide 3: TRG International Portfolio
TRG International Portfolio Afiniti eTelequote Ibex Includes iSky and DGS Enterprise Health insurance Outsourced customer software marketing interactions (Nasdaq: IBEX) FY 2020 FY 2020 $82.2m revenue $113.1m revenue FY 2020 ($43.0m) adjusted EBITDA $42.8m adjusted EBITDA $405.1m revenue $54.1m adjus
Slide 4: Estimated Portfolio Valuation
Estimated Portfolio Valuation ~$380 million market cap (NASDAQ: IBEX) IBEX ~ $235 million TRGI interest (11.42 million shares at ~$20.6) Enterprise value as per sale agreement: $600 million eTelequote Estimated equity value at closing: $440 million Estimated TRGI share: $309 million(1) Given Afiniti
Slide 5: Summarized Financials
Summarized Financials 9M to HY to 3M to Mar 21 Dec 20 Sep 20 FY 20(1) ---------------- (Rupees in millions) ---------------- Equity accounted profit 8,413 5,158 917 86 Net income 7,225 4,424 816 76 Earning Per Share (Rupees) 13.25 8.11 1.50 0.14 TRGI Investment value 26,827 25,745 22,384 21,778 Net
Slide 6: Q & A Session
QO &A Session