MNT-Halan · EGX:HALN
MNT-Halan — H1 2026 Earnings Presentation
37 slides from MNT-Halan's earnings presentation, Nov 1, 2026
Slide 1: Unlocking Financial Freedom: 1H26 Investor Presentation
UNLOCKING FINANCIAL FREEDOM 1H26 Investor Presentation 2026 Strictly Private and Confidential 1
Slide 2: Disclaimer
Disclaimer This document has been prepared by MNT Tech Holding for Financial Investments S.A.E. (“MNT-Halan” or the “Company”) solely for informational purposes. It does not constitute an offer, solicitation or recommendation to buy, sell or subscribe for any securities in any jurisdiction, nor does
Slide 3: Introduction to MNT-Halan
Introduction to MNT-Halan
Slide 4: Transforming access to financial services through technology
Transforming access to financial services through technology and digital platforms, delivering convenient and seamless financial solutions that empower millions of individuals and enable the growth of aspiring businesses. Strictly Private and Confidential 4 4
Slide 5: History and Progress: Driving Fintech Innovation and Compounding Growth
History and Progress: Driving Fintech Innovation and Compounding Growth Loan Book 2009 2015 2017 Evolution (3) (EGP) Mounir Nakhla established Mashroey Tasaheel Microfinance Company was established Ahmed Mohsen joins forces with Nakhla, with GB Corp in December 2009 as the to provide microloans to u
Slide 6: Integrated Ecosystem Catering to Customers' Core Financial Needs
Integrated Ecosystem Catering to Customers’ Core Financial Needs 1 Lending 2 Payments 3 Investments 4 VAS (3) Business Bill Payments Brokerage Investment Funds Marketplace Easy way for all the Enabling customers to SME Overdrafts payments and bills buy, sell and manage Money Market Home (mobile rech
Slide 7: Halan in Numbers
Halan in Numbers Exceptional Growth and Scaled Scaled ScaledDistribution Distributionand andCustomer CustomerReach Reach Flourishing FlourishingFintech FintechEcosystem Ecosystem Return Profile 1.9mn .c..0 c. mn c. 7.9mn c. 13.7mn EGP US$ 152bnbn 6.1 (7) 44% Total Disbursements Customers Served (3)
Slide 8: Halan App's Personalised Experience
Halan App’s Personalised Experience Seamless interactions and smarter service access tailored to each user Seamless one-click account switching for users with multiple accounts (e.g., shopping credit, micro finance, card) Personalised homepage based on customer’s profile and services used leveraging
Slide 9: Individual Lending – Sustained Growth Supported by Halan Card Distribution
1 Individual Lending – Sustained Growth Supported by Halan Card Distribution Individual Lending Highlights Solid Loan Book Growth over the Past Three Years Microfinance Consumer Finance Gross Individual Loans (6) (EGPmn) 2015 2021 28% CAGR 29,055 30,874 Launch Launch (1) 22,364 39% 42% 16,653 29% c.
Slide 10: Consumer Finance: Halan Card Enabling a New Lending Paradigm
1 Consumer Finance: Halan Card Enabling a New Lending Paradigm Unlocking Scalable Growth Through Access to Credit Limit on Card The card unlocks a new lending paradigm turning everyday transactions into instant 69% Card Impact on Consumer Finance Average Monthly Transaction Frequency (1) financing o
Slide 11: Business Lending: Catering to Underserved SME Customer Needs
1 Business Lending: Catering to Underserved SME Customer Needs Providing small and medium businesses with the capital to expand, invest, and thrive SME loans Flexible Targeting the Customised and overdrafts repayment plans underserved Approach SME loans – instalments Convenient repayments Underserve
Slide 12: Halan Card: Innovative Instant Access to Consumer Credit Limit
2 Halan Card: Innovative Instant Access to Consumer Credit Limit Supporting Everyday and Multipurpose Use 1,200+ Disruptive access to Nation-wide acceptance and ease of use Touchpoints to pick up consumer credit limit deepening customer engagement Card, with instant issuance at points of sale (1) Ke
Slide 13: E-Wallet – Enabling Customers to Manage All Payments in One Place
2 E-Wallet – Enabling Customers to Manage All Payments in One Place Loan Disbursement and Cash In / Cash Out Bill Payment P2P Transfers Collection • Cash In / Cash Out available at • Disbursement of loans and easy • A governmental utility providers, • Convenient and quick money ATMs operated by bank
Slide 14: Investments – Trusted Wealth Platform for Customers
3 Investments – Trusted Wealth Platform for Customers Digital access to a diverse range of investment Total Subscriptions & Redemptions in Investment Funds funds, all in a single platform Total Subscriptions and Redemptions (4) (EGPmn) 30 184 1,749 4,146 Funds Administrator 9,031 Money Market Fund E
Slide 15: Value Added Services: Low-Cost Customer Acquisition and Retention
4 Value Added Services: Low-Cost Customer Acquisition and Retention A Marketplace B Games Trivia Game / Spin the Wheel Key Advantages 56% of Customers Playing the Games are Further embed customer Compete against Multi-Service Customers (4) into Halan ecosystem other players for a vs 48% for Customer
Slide 16: Sustained Rapid Growth across the Product Portfolio
Sustained Rapid Growth across the Product Portfolio Individual loans 28% CAGR 30,874 Business loans 29,055 22,364 42% CAGR 39% 42% Gross Loans (1) 16,653 Lending (EGPmn) 20% 29% 12,561 16,028 15,134 61% 58% 6,296 80% 71% 2023 2024 2025 1H26 2023 2024 2025 1H26 Microfinance Consumer 1.3 1.4 1.1 Cumul
Slide 17: Risk Management and Underwriting Capabilities
Risk Management and Underwriting Capabilities
Slide 18: Resilient Asset Quality with Disciplined Risk Management
Resilient Asset Quality with Disciplined Risk Management Non Performing Loans(1) (EGP mn) NPL Coverage Ratio(6) (%) NPL Ratio(2) PAR 30+ Ratio(3) Cost of Risk(4) (%) Adjusted Cost of Risk(8) (%) PAR 30+ Coverage Ratio(7) 1.6% 2.7% 6.0% 7.8% 131.7% 133.2% 217.0% 317.7% 1.6% 2.7% 3.6%(5) 1.8%(5) 1.7%
Slide 19: Business Performance
mnt nalan Business Performance Welcome to Meets fing: Where
Slide 20: Strong Lending Growth Driving Scale Across Segments
Strong Lending Growth Driving Scale Across Segments Gross Loan Book(1) Buildup (EGP mn) FY2023 FY2024 FY2025 1H26 Gross Loan Book BoP 23,009 35,056 45,657 (+) Total Disbursements(2) 35,122 44,565 22,019 (-) Collections(3) & Write-Offs(4) (23,075) (33,964) (20,969) Gross Loan Book EoP 23,009 35,056 4
Slide 21: Strong Disbursement Growth Underpinned by Consistent Momentum Across Periods
Strong Disbursement Growth Underpinned by Consistent Momentum Across Periods Disbursement(1) Evolution Across Periods (EGP bn) H1 vs H2 Evolution Q1 Evolution Q2 Evolution Q3 Evolution Q4 Evolution Contribution to total year 24-26A CAGR: 10.5% 24-26A CAGR: 42.1% H1 H2 disbursements +11.2% 40.1% 59.9
Slide 22: Funding Framework
Funding Framework Strictly Private and Confidential 22
Slide 23: Capital-Light Growth Enabled by Diversified Funding Strategy
Capital-Light Growth Enabled by Diversified Funding Strategy Every origination is funded through a deliberately calibrated split of off- and on-balance-sheet capital, recycling capital to grow the loan book at controlled target leverage levels MNT Halan’s Funding Framework Diversifying Calibrating o
Slide 24: Financial Performance
Financial Performance
Slide 25: Diversified Revenue Streams Driving Strong Top-Line Growth
Diversified Revenue Streams Driving Strong Top-Line Growth Total Adjusted Revenue(1) By Income Stream (EGP Mn) ▪✓ Strong revenue growth Interest Income Offloading Income Admin Fees and Merchant Rebates Non-Lending Income Total Adjusted Revenue underpinned by diversified income streams, with increasi
Slide 26: Leadership
mnt nalan Leadership
Slide 27: Management Team
Management Team Mounir Nakhla Ahmed Mohsen Omar Bebars Andre Valavanis Mostafa Amr Founder Co-Founder Chief Financial Officer Chief Investment Officer Chief Operating Officer Chief Executive Officer Chief Technology Officer Islam Ayoub Sara Metwally Walid Abdel-Wadood Hashem Gamal E-Din Amr Ramadan
Slide 28: Appendix
Appendix Strictly Private and Confidential 28
Slide 29: Income Statement
Income Statement EGP mn 2023A 2024A 2025A 1H25A 1H26A Interest Income 5,297 7,537 9,893 4,756 3,203 Admin Fees & Merchant Rebates 684 1,078 1,261 557 641 Offloading Income 1,805 2,460 6,629 2,157 4,553 Total Lending Reveues 7,786 11,075 17,783 7,470 8,397 Non-Lending Revenues 2,086 2,835 2,703 882 1
Slide 30: Balance Sheet
Balance Sheet Balance Sheet (Amounts denominated in 000s) FY23A FY24A FY25A 1H26A Fixed assets and projects under construction 890,802 1,215,197 1,852,990 1,979,882 Right-of-use assets 385,138 461,197 550,928 479,696 Investments 69,714 0 13,236 14,112 Intangible assets and goodwill 21,701 21,797 540
Slide 31: mnt nalan
mnt nalan
Slide 32: Annex 1: Financials Reconciliation
Annex 1: Financials Reconciliation Strictly Private and Confidential 3232
Slide 33: Financials Reconciliation | Adjusted Shareholders' Equity and Adjusted Assets
Financials Reconciliation | Adjusted Shareholders’ Equity and Adjusted Assets EGP mn FY2023 FY2024 FY2025 1H25 1H26 Total Shareholders' Equity 6,584 8,607 9,110 9,110 8,539 Less: Fair value reserve through OCI (2,133) (3,289) (2,157) (2,157) (832) Adjusted Shareholders' Equity 4,451 5,317 6,953 6,95
Slide 34: Financials Reconciliation | Adjusted Revenue and Adjusted Interest Expense
Financials Reconciliation | Adjusted Revenue and Adjusted Interest Expense EGP mn FY2023 FY2024 FY2025 1H25 1H26 Interest Income 5,297 7,537 9,893 4,756 3,203 Merchant Rebates 460 676 675 339 279 Admin Fees 224 402 586 217 362 Adjusted Interest Income 5,981 8,615 11,153 5,313 3,844 Offloading Income
Slide 35: Financials Reconciliation | Cost of Funding
Financials Reconciliation | Cost of Funding EGP mn FY2023 FY2024 FY2025 1H25 1H26 Interest and commission expense (2,240) (4,804) (6,964) (2,927) (3,501) COGS Wallet & Card - 179 802 88 225 Interest Expense (2,240) (4,626) (6,162) (2,838) (3,275) Total Debt 14,456 19,864 26,695 26,695 30,791 Average
Slide 36: Financials Reconciliation | Cost to Income
Financials Reconciliation | Cost to Income EGP mn FY2023 FY2024 FY2025 1H25 1H26 Selling and distribution expenses (2,142) (2,818) (5,172) (1,838) (2,046) General and administrative expenses (671) (2,040) (3,244) (1,516) (2,241) Depreciation (add-back) 149 207 282 128 221 Operating Expenses (2,664)
Slide 37: Financials Reconciliation | Cost of Risk
Financials Reconciliation | Cost of Risk EGP mn FY2023 FY2024 FY2025 1H26 Expected credit losses (273) (628) (849) (216) Net Loan Book (Fair Value) 19,355 26,410 25,104 23,552 (+) ECL balance at amortized cost 384 237 114 93 (-) Cumulative fair value adjustment (incl. FV ECL) (2,752) (3,700) (1,424)