Lumi Rental Company · TADAWUL:4262
Lumi Rental — Q3 2026 Earnings Presentation
23 slides from Lumi Rental's earnings presentation, November 2026
Slide 1: Q3 2026 Earnings Presentation
Q3 2026 EARNINGS PRESENTATION LUMI (Tadawul: 4262)
Slide 2: Disclaimer
Disclaimer All information included in this document is for general use only and has not been independently verified, nor does it constitute or form part of any invitation or inducement to engage in any investment activity, nor does it constitute an offer or invitation or recommendation to buy or su
Slide 3: Introduction
ton | INTRODUCTION
Slide 4: Q3 2026 in Brief
Q3 2026 in Brief Revenue grew as Lumi rebalanced its fleet and strengthened financial flexibility Financial Performance Revenue (SAR mn ) Net Revenue (Leasing and Rental) 150.0 200.0 250.0 300.0 350.0 400.0 450.0 500.0 100.0 150.0 200.0 250.0 300.0 Q3 26 462.0 Q3 26 277.0 Q3 25 414.4 +11.5% (6.5%) Q
Slide 5: Q3 2026 in Brief
Q3 2026 in Brief Revenue grew as Lumi rebalanced its fleet and strengthened financial flexibility Financial Performance Revenue (SAR mn ) Net Revenue (Leasing and Rental) 150.0 200.0 250.0 300.0 350.0 400.0 450.0 500.0 100.0 150.0 200.0 250.0 300.0 Q3 26 462.0 Q3 26 277.0 Q3 25 414.4 +11.5% (6.5%) Q
Slide 6: Operational Performance
02 OPERATIONAL PERFORMANCE
Slide 7: Optimized Fleet Mix
Optimized Fleet Mix Fleet rightsizing and regional reallocation aligned capacity with demand Total Fleet Size (000s) Purchased Vehicles (000s) Sold Vehicles (000s) (5.2%) YoY (10.6%) YoY +52.6% YoY 34.4 34.4 33.7 33.4 2,228 32.6 2,096 1,991 2.9 2.1 1429 1.9 1.7 1.4 740 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26
Slide 8: Optimized Fleet Mix
Optimized Fleet Mix Fleet rightsizing and regional reallocation aligned capacity with demand Total Fleet Size (000s) Purchased Vehicles (000s) Sold Vehicles (000s) (5.2%) YoY (9.1%) YoY +52.6% YoY 34.4 34.4 33.7 33.4 2.2 32.6 2.1 2.0 2.9 2.1 1.4 1.9 1.7 1.4 0.7 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Q3 25 Q4
Slide 9: Strong Presence Across The Kingdom
Strong Presence Across The Kingdom Nationwide reach supported flexible fleet deployment and customer access Airport branch 47 • • 18 Airport Branches 29 City branches Turaif Arar Downtown branch Branches Al Jouf Neom Tabuk Total Rental Revenue Per Region (%) Hail Al Wajh Jubail Al Ula Q3 25 Q3 26 Qa
Slide 10: QoQ Rental Segment Performance
QoQ Rental Segment Performance Fleet rightsizing supported a sequential improvement in utilisation Rental Fleet Size (000s) Rental Revenue (SAR Mn) Rental Vehicle Utilisation (18.2%) YoY (29.5%) YoY 76.9% 75.2% 69.6% 70.9% 11.0 10.9 10.9 127.6 128.7 60.4% 10.1 113.4 9.0 100.0 90.0 Q3 25 Q4 25 Q1 26
Slide 11: QoQ Lease Segment Performance
QoQ Lease Segment Performance Contracted leasing supported recurring revenue and stronger revenue per vehicle Lease Fleet Size (000s) Lease Revenue (SAR Mn) Average Lease Revenue Per Available Vehicle (000s) 1 +0.4% YoY +11.0% YoY +11.5% YoY 23.4 23.5 23.4 23.5 187.0 31.9 22.9 176.0 30.4 30.3 174.9
Slide 12: Used Car Sales
Used Car Sales Higher vehicle disposals supported fleet rebalancing and capital recycling Sold Vehicles (000s) Used Car Sales Revenue (SAR Mn) +52.6% YoY +56.4% YoY 185.0 2.9 128.4 119.6 118.3 2.1 1.9 1.7 1.4 76.6 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Average Revenue And Purcha
Slide 13: Financial Performance
03 FINANCIAL PERFORMANCE
Slide 14: Core financial performance
Core financial performance Leasing growth supported core revenue as management continued to align costs with demand (SAR Million) Q3 2026 Q3 2025 YoY Change Q3 Key Drivers Lease Revenue 187.0 168.5 11.0% Leasing Rental Revenue 90.0 127.6 (29.5%) Lease Revenue rose 11.0% YoY to SAR 187.0m, adding SAR
Slide 15: 9M / Q3 2026 Net Profit For The Period Movement YOY
9M / Q3 2026 Leasing growth and higher vehicle sales supported quarterly revenue (SAR Million) 9M 2026 9M 2025 YoY Change Q3 2026 Q3 2025 YoY Change Net Profit For The Period Movement YOY (SAR Mn) Revenues 1,222.5 1,242.0 (1.6%) 462.0 414.4 11.5% Cost Of Revenue (934.2) (883.1) 5.8% (380.2) (301.0)
Slide 16: Core Leasing Revenue Continues Growth
Core Leasing Revenue Continues Growth Leasing growth and higher vehicle sales offset Rental softness Total Revenue Per Segment (SAR Mn) Total Revenue Segmental Movement YoY(SAR Mn) +11.5% YoY 66.7 462.0 414.4 18.5 ( 37.6 ) 128.4 185.0 118.3 76.6 119.6 Q3 25 Lease Rental Used Car Sales Q3 26 127.6 12
Slide 17: Cost Profile
Cost Profile Cost management remained focused on aligning capacity with demand Expenses (SAR Mn) Cost Of Revenue Movement YoY(SAR Mn) +26.3% 47.6 73.9 (1.1) 5.6 4.3 (0.4) ( 3.1) 380.2 301.0 39.6 36.6 47.9 42.4 Q3 25 Cost Of Depreciation Salaries Repairs And Insurance Other Q3 26 Vehicles On Vehicles
Slide 18: Capital Structure
ton CAPITAL STRUCTURE
Slide 19: Margin Profile
Margin Profile Disciplined capital allocation supported financial flexibility and long - term priorities Adjusted EBITDA ROIC and ROAE 18.0% +8.0% YoY 16.2% 314.2 339.4 16.0% 15.1% 309.3 255.9 268.5 14.0% 13.0% (17.3%) +4.9% (1.6%) 12.0% +26.4% 9.9% Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 10.0% 10.6% 10.7% 9.
Slide 20: Strong Balance Sheet Underpinned by Lower Leverage
Strong Balance Sheet Underpinned by Lower Leverage Fleet optimisation and lower liabilities strengthened the balance sheet (SAR Mn) Q3 26 Q3 25 YoY % Change Total Assets Movement (SAR Mn) Total non - current assets 2,715.7 2,956.9 (8.2%) (7.0%) YoY Incl. Vehicles 2,538.3 2,817.3 (9.9%) Total Current
Slide 21: Disciplined Capital Allocation Improved Leverage
Disciplined Capital Allocation Improved Leverage Stronger cash generation and disciplined fleet investment supported debt reduction Total Debt (SAR Mn) Net Debt (SAR Mn) (22.3%) YoY (23.0%) YoY 1,715.1 1,695.2 1,511.5 1,578.6 1,509.0 1,490.1 1,551.8 1,475.6 1,333.2 1,304.8 (11.9%) (4.4%) (11.7%) (12
Slide 22: Thank you.
Thank you. © 2026LUMI Presentation. All Rights Reserved. © 2026 LUMI Presentation Confidential 22
Slide 23: Q&A
Q&A © 2026LUMI Presentation. All Rights Reserved. © 2026 LUMI Presentation Confidential 23