Finance House

1. Company Overview & Earnings Context

Finance House PJSC is an Abu Dhabi Securities Exchange (ADX)-listed diversified financial services group operating across consumer and commercial financing, insurance, stock broking and investment management. During H1 2026, the Group delivered a strong improvement in profitability despite geopolitical tensions and volatile financial markets. Growth was driven by higher net interest income, stronger fee and commission income, improved insurance performance and exceptional investment returns, reflecting the strength of its diversified business model and disciplined risk management framework.

2. Financial Performance Snapshot

• Net Interest Income: AED 85.63 Million (+40.4% YoY)

• Net Operating Income: AED 119.02 Million (+57.0% YoY)

• Operating Profit: AED 22.76 Million (+110.4% YoY)

• Profit Before Tax: AED 25.79 Million (+113.6% YoY)

• Net Profit: AED 24.63 Million (+116.5% YoY)

• Total Comprehensive Profit: AED 25.55 Million (+179.2% YoY)

• Earnings Per Share (EPS): AED 0.04 (vs. Loss per share in H1 2025)

Compared with H1 2025:

• Net interest income increased 40.4% to AED 85.63 million.

• Net operating income increased 57.0% to AED 119.02 million.

• Operating profit increased 110.4% to AED 22.76 million.

• Profit before tax increased 113.6% to AED 25.79 million.

• Net profit increased 116.5% to AED 24.63 million.

• Total comprehensive profit increased 179.2% to AED 25.55 million.

3. Operational Highlights & Key Metrics

• Total Assets: AED 3.60 Billion

• Loans & Advances: AED 2.23 Billion

• Customers' Deposits & Margin Accounts: AED 2.27 Billion

• Investment Securities: AED 283.64 Million

• Total Equity: AED 651.83 Million

• Cash on Hand & Due from Banks: AED 568.80 Million

• Capital Adequacy Ratio: ~24%

• Cash & Cash Equivalents represent ~14% of Total Assets

4. Key Performance Drivers

Finance House's strong H1 2026 performance was driven by broad-based growth across its financing, insurance and stock broking businesses. Net interest income rose over 40%, while fee and commission income increased significantly on higher business activity. Insurance income nearly doubled and the Group's investment portfolio generated exceptional returns despite volatile markets, helping lift net operating income by 57%. Management attributed the performance to disciplined execution, prudent risk management and a diversified operating platform.

5. Outlook & Forward Guidance

Management remains cautiously optimistic for the second half of 2026, citing the UAE's strong economic fundamentals, continued infrastructure investment and economic diversification. The Group plans to continue pursuing sustainable growth through financial discipline, investment in technology, governance enhancements and disciplined capital management while remaining agile amid evolving market conditions.

6. Investor Takeaway

Finance House delivered an impressive first-half performance, more than doubling its profitability while strengthening its diversified financial services platform. Supported by robust growth across financing, insurance, brokerage and investment operations, a healthy capital adequacy ratio and solid liquidity, the Group appears well positioned to continue delivering sustainable long-term value for shareholders.