GFH Financial Group 2016 Results Presentation to Investors and Analysts For the Period Ended December 31 st 2016 1 GFH Financial Group 2016 Results
Important Notice and Forward-Looking Statements Important notice The information set out in this presentation and subsequent webcast does not constitute a public offer for the purposes of any applicable law or an offer to sell or solicitation of any offer to purchase any securities or other financial instruments or any recommendation in respect of such securities or instruments. Forward-looking statements This presentation and subsequent webcast may contain projections, estimates, forecasts, targets, opinions, prospects, results, returns and forward-looking statements with respect to the financial condition, results of operations, capital position and business of the Group (together, Forward-Looking Statements ). Any such Forward-Looking Statements are not a reliable indicator of future performance, as they may involve significant assumptions and subjective judgments, which may or may not prove to be correct, and there can be no assurance that any of the matters set out in Forward-Looking Statements are attainable, will actually occur or will be realized or are complete or accurate. Forward- Looking Statements are statements about the future and are inherently uncertain and generally based on stated or implied assumptions. The assumptions may prove to be incorrect and involve known and unknown risks, uncertainties, contingencies and other important factors, many of which are outside the control of the Group. Actual achievements, results, performance or other future events or conditions may differ materially from those stated, implied and/or reflected in any Forward-Looking Statements due to a variety of risks, uncertainties and other factors (including without limitation those which are referable to general market conditions or regulatory changes). Any such Forward-Looking Statements are based on the beliefs, expectations and opinions of the Group at the date the statements are made, and the Group does not assume, and hereby disclaims, any obligation or duty to update them if circumstances or management s beliefs, expectations or opinions should change. For these reasons, recipients should not place reliance on, and are cautioned about relying on, any Forward-Looking Statements. 2 GFH Financial Group 2016 Results
Significant Progress Across the Group During 2016 Enhance Shareholder Value Share price has rallied c. 600% from Dec-2015 levels Strong anchor shareholders from Abu Dhabi Manage Legal Liabilities Settlement with various counterparties in excess of $450m Assets have been recovered at GFH level Commercial Banking Progress Focus on core banking operations (Corporate Banking, Consumer Finance and Private Banking) Continued growth in financing assets and market share Reduction in loans to deposits ratio GFH Real Estate Harbor Row (Bahrain) project launched California Residence (Dubai) work has commenced Tunis partial land JV has been signed Sukuk restructuring for Villamar and construction restart GFH Capital Strong expected pipeline of transactions for 2017, including AMA Significant senior hires in the Investment Management and GFH Capital functions 2016 performance has been significantly above targets with net profit to shareholders of $217 million and RoC of 36% 3 GFH Financial Group 2016 Results
Diversified Regional Financial Group with Excellent Share Prospects 600% Increase in Share Price Over Last 12 Months With $6.2 Billion of Assets & Funds Under Management Share Price (AED) 3.00 Value Traded (AEDmn) 500.0 6.2 2.60 2.20 1.80 400.0 300.0 3.0 3.1 3.3 5.5 1.40 1.00 0.60 200.0 100.0 2012 2013 2014 2015 2016 0.20 0.0 Assets & Funds Under Management ($ billion) Dec-15 Feb-16 Apr-16 Jul-16 Sep-16 Nov-16 Feb-17 Highly Liquid Stock with Strong Anchor Shareholders (1) And Very Low Leverage Levels of 12% 61.1% 39.6% 34.1% 22.1% 12.3% Other / Public (79.1%) 679 696 908 Integrated Capital PJSC (13.4%) 381 525 Total Shares Held on DFM is 91.5% Source: Bloomberg as of 5 February 2017. (1) As of 31 December 2016. Mohammed Ahmed Saeed Al-Qassmi (7.6%) 233 208 231 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 45.6 32.5 Financing Liabilities Shareholders Equity 154 112 Debt / Equity Ratio 4 GFH Financial Group 2016 Results
Diversified Regional Financial Group with Clearly Defined Growth Strategy Diversified Group With Fully Integrated Product Offering Across Multiple Geographies With Strong Profitability and 2016 RoC of 36% Total Income ($m) 90.3 2014A 579.0 Consumer Finance Corporate Banking Private Banking Cross-border M&A Private Equity Private Debt Asset Management Equity & Debt Markets Listed Equities Fixed Income Projects in Bahrain & Dubai Yielding Assets Infra. Investments in India, Tunis & Morocco Leisure & Tourism in Bahrain Assets in Other Geographies Strategic Acquisitions Acquisitions of financial services in GCC & abroad Acquisitions of Infra. Investments for long term capital gains Net Profit to Shareholders ($m) Market Cap ($ billion) Total Assets & Funds Under Management ($ billion) RoC 2.5% 36.3% 217.1 15.0 2014A Targets for 2019 4.0 1.7 2019E 11.6 6.2 2019E 5 GFH Financial Group 2016 Results
Q&A Thank You Q&A 6 GFH Financial Group 2016 Results