Eshraq Investments P.j.s.c · ADX:ESHRAQ
Eshraq Investments P.j.s.c — Investor Presentation (May 2024)
19 slides from Eshraq Investments P.j.s.c's investor presentation, May 2024
Slide 1: Strategy Refresh: A New Dawn For Eshraq
Strategy Refresh: A New Dawn For Eshraq May 2024 1
Slide 2: Disclaimer
DISCLAIMER No statement in this document is intended to be nor may be construed as a profit forecast. Any statements made in this document which could be classed a “forward- looking” are based upon various assumptions, including management’s examination of historical operating trends, data contained
Slide 3: A New Dawn For Eshraq – Table of Contents
A NEW DAWN FOR ESHRAQ – TABLE OF CONTENTS 4 Strategy Refresh - Pursuing a New Era of Growth 8 Future Eshraq - Investment Highlights 9 Strong fundamentals and favourable investment industry trends 11 Strategic shift to long-term growth through private equity 13 Portfolio growth complemented by income
Slide 4: Strategy Refresh – Pursuing a New Era of Growth
STRATEGY REFRESH – PURSUING A NEW ERA OF GROWTH Eshraq is pursuing a new phase of growth, expansion and improved financial performance, but its underlying mission, vision and values do not fundamentally change. Our mission… …is supported by our vision to create long-term and enduring value for our s
Slide 5: Status Quo vs. Future Eshraq
STATUS QUO VS. FUTURE ESHRAQ Under the refreshed strategy, Eshraq will have control of its destiny by focusing on directly-held private equity investments complemented by cash generation from minority stakes, real estate and prudent liquidity management. Status Quo Eshraq Future Eshraq Real estate,
Slide 6: Refreshed Strategy
REFRESHED STRATEGY Target portfolio segments Underlying strategic 1 pillars of Eshraq’s refreshed strategy Segment Asset type Role in portfolio Central driver of 1 shareholder value 1 Core business Direct private equity and long-term 2 2 growth Yield-generating Direct private Yield-generating minori
Slide 7: Spotlight on Strategic Pillars
SPOTLIGHT ON STRATEGIC PILLARS 1 Sourcing & Screening Transaction Structuring Value Realization Core Business ⦁ Lever activation ⦁ Ensure quality deal flow ⦁ Attractive valuation 1 Direct private equity exposure ⦁ Optimize screening process ⦁ Value lever identification ⦁ Capable management ⦁ Strateg
Slide 8: Future Eshraq – Investment Highlights
FUTURE ESHRAQ – INVESTMENT HIGHLIGHTS The principal objective of the refreshed strategy is to deliver a shareholder value proposition that is characterized by six key investment highlights. 1 A well-diversified investment portfolio in growing sectors across the GCC - a region with strong fundamental
Slide 9: Strong Fundamentals and Favourable Investment Industry Trends
1 STRONG FUNDAMENTALS AND FAVOURABLE INVESTMENT INDUSTRY TRENDS Investment activity has been growing at double-digit rates across nearly all major asset classes in the UAE, all of which Eshraq is participating in and providing indirect exposure for shareholders – with a focus on Private Equity. Key
Slide 10: A Well-Diversified Investment Portfolio in a Growing Region
1 A WELL-DIVERSIFIED INVESTMENT PORTFOLIO IN A GROWING REGION The GCC is an attractive region with strong structural growth drivers and a favourable macroeconomic outlook. Today, Eshraq operates across a range of sectors across the GCC, …The future focus of the portfolio will be to acquire and manag
Slide 11: Strategic Shift to Long-Term Growth Through Private Equity
2 STRATEGIC SHIFT TO LONG-TERM GROWTH THROUGH PRIVATE EQUITY Eshraq targets investing into 1-2 high-growth businesses per-year, with a medium-term objective of yielding attractive cash flows as assets mature and become ready to exit Targeted activity Intended deal size range Geographical focus Execu
Slide 12: Transitioning to a Direct Investment Business Model
2 TRANSITIONING TO A DIRECT INVESTMENT BUSINESS MODEL The direct investment model is designed to strengthen the core investment portfolio, creating a deeper grounding and focus for Eshraq as an investment player with greater control of its assets, supported by a highly experienced investment team. K
Slide 13: Portfolio Growth to Be Complemented by Income-Generating Assets
3 4 PORTFOLIO GROWTH TO BE COMPLEMENTED BY INCOME -GENERATING ASSETS In support of liquidity management to enable growth of the core Private Equity portfolio, Eshraq will selectively invest in assets that offer reliable cash flows that stabilise earnings and support its operations. Eshraq is conside
Slide 14: Transition Plans for Legacy Assets: Real Estate
3 4 TRANSITION PLANS FOR LEGACY ASSETS: REAL ESTATE Eshraq will plan and execute a transition plan for its existing Real Estate portfolio. Eshraq will execute a detailed multi-step plan to ensure optimal value creation and extraction from the Real Estate portfolio Eshraq has a track record of develo
Slide 15: Transition Plans for Legacy Assets: Goldilocks Fund
3 4 TRANSITION PLANS FOR LEGACY ASSETS: GOLDILOCKS FUND To ensure an effective transition, Eshraq is working closely and constructively with the fund manager to secure a mutually advantageous transition plan for the Goldilocks Fund. Best approach for the Goldilocks portfolio is under assessment - ma
Slide 16: Maintaining a Strong Balance Sheet
5 MAINTAINING A STRONG BALANCE SHEET We remain focused on capitalizing on our very strong balance sheet position to invest in new and existing assets across the portfolio. Eshraq continues to deleverage its balance sheet. Strategic execution will be supported by disciplined capital allocation Total
Slide 17: Revitalised Board and Experienced Management Team
6 REVITALISED BOARD AND EXPERIENCED MANAGEMENT TEAM Eshraq’s leadership bring decades of world-class, front-line investment and transaction experience and are ideally positioned to source and execute deals critical to the evolution of the business. >50 >5 Priority hires Specialties years experience
Slide 18: The Path Ahead
THE PATH AHEAD Eshraq intends to move towards its long-term vision over a five-year period by building out private equity capabilities and exposure, while transitioning legacy portfolio assets. Year 0 - 1 Years 1 - 3 Years 3 - 5 Preparation & activation Execution Evolution to long-term vision Build
Slide 19: Thank you
Thank you Media enquiries Investor enquiries Teneo IR [email protected] [email protected]
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