Holmes Place International (HLMS) investor relations material

Executive summary

• Revenue for H1 2026 reached 588.6 million NIS, up from 438.9 million NIS in H1 2025; Q2 2026 revenue grew 10.5% year-over-year to ₪156.3 million.

• Net income for H1 2026 was 25.2 million NIS, up from 12.9 million NIS in H1 2025; Q2 2026 net income rose 38.7% year-over-year to ₪12.7 million.

• EBITDA for H1 2026 was 57.4 million NIS; Q2 2026 EBITDA reached ₪28.7 million, up 20.9% year-over-year.

• Operates 83 fitness and wellness clubs in Israel as of June 30, 2026, with 230,394 total subscribers, a 14.6% increase from Q2 2025.

• No material operational impact from the Israel-Iran conflict in early 2026, though short-term closures affected Q1 results.

Significant events and developments

• Opened new clubs in Netanya and Kfar Yona in 2026, with additional clubs opened post-balance sheet in Nahariya, Or Yehuda, Beer Yaakov, and Harish.

• Won a tender to operate a new country club in Netivot with a 5-year contract and a 10-year extension option.

• Acquisition of 51% of Revo Fitness, expanding Pilates studio operations.

• Multiple dividend distributions in 2026, totaling over 34 million NIS, with an additional 20 million NIS pending court approval.

• Appointment of new CFO and board changes, including approval of a new director and insurance policy for officers.

Segment performance

• Holmes Place segment: H1 2026 revenue 304.9 million NIS, Q2 2026 revenue 108.2 million NIS (+4.7%), EBITDA 28.5 million NIS (+14.97%).

• Premium Low Cost segment: H1 2026 revenue 284.4 million NIS, Q2 2026 revenue 52.6 million NIS (+31.6%), EBITDA 18.8 million NIS (+59%).

• Both segments saw increases in average subscribers and revenue per subscriber.