Automatic Bank Services Limited (SHVA) investor relations material

Executive summary

• Operates critical national payment infrastructure, including charge card and ATM switching systems, with a strong focus on technological innovation and cyber security.

• The payments market is dynamic, with growing competition from international and local players, regulatory reforms, and rapid tech advancements.

• Despite geopolitical instability and Operation "Lion's Roar," operations remained uninterrupted, demonstrating high financial and operational resilience.

• RAPYD joined as the first global acquirer, and new services such as AFT and cardless ATM withdrawals were launched.

Financial highlights

• Revenue for the six months ended June 30, 2026, was NIS 78.9 million, up from NIS 76.5 million year-over-year.

• Net income for the period was NIS 16.5 million, down from NIS 23.7 million in the prior year period.

• EBITDA (excluding equity compensation) was NIS 25.7 million, compared to NIS 32.2 million in the prior year.

• Cash and cash equivalents stood at NIS 13.8 million, and marketable securities at NIS 110.9 million as of June 30, 2026.

• Dividend of NIS 30 million (approx. 66% of 2025 income) was distributed in April 2026.

Outlook and guidance

• The company expects continued investment in cyber security and technology, supported by a tariff update effective July 2026.

• Inflation is projected at 1.8% for the next four quarters, and the Bank of Israel interest rate is expected to average 3% in Q2 2027.

• The updated price list will be fully effective by January 1, 2027, with gradual implementation and interim discounts.