Derayah Financial Company announces its Annual Consolidated Financial results for the period ending on 31-12-2025

• The Brokerage segment recorded a strong 11.1% revenue increase primarily driven by robust trading activity in international markets, which offset softer conditions in the local market. The Company’s total traded value across local and international markets reached approximately SAR 447 billion, positioning Derayah as the largest broker in the Kingdom by traded value, with a market share of 13%.

• Asset management revenue declined by 5.9% compared to the previous year. The industry faced challenging conditions during 2025, including lower equity market valuations and the announcement of a series of reforms in the real estate sector, particularly in Riyadh. Despite this, Derayah delivered strong net inflows and expanded its Assets under Management (AUM) which increased by 30.6% to SAR 22.5 billion by year-end 2025, up from SAR 17.2 billion in 2024. However, revenue performance was affected by lower blended fees, primarily due to the absence of performance fees during the year.

• Special commission income declined slightly by 5.7% year-on-year despite a strong 10.5% increase in assets under custody, which reached approximately SAR 33.5 billion by year-end 2025, reflecting continued client growth and stronger trading activity. However, overall performance was primarily impacted by lower benchmark interest rates, which weighed on interest income and compressed blended margins. At the same time, the growing contribution from the U.S. Stock Yield Enhancement Program (SYEP) and the broader rollout of the local SYEP, particularly during the second half of the year, helped create additional income streams and diversify the Company’s revenues.

• Revenue: increased by 6.4% to SAR 934.5 million for FY2025 reflecting a resilient financial performance despite a softer domestic market environment.

• Operating Expenses: Increased by 12.6% to SAR 404.1 million for FY2025 primarily driven by the Employee Share Ownership Program launched during the year to support talent retention, which contributed c. SAR 55 million to OPEX. In parallel, the Company continued its investments in the business, particularly in IT infrastructure, cybersecurity capabilities, and expanded digital marketing initiatives as it accelerates client acquisition. This has pushed cost-to-income ratio to 43.4% for FY2025.

• Operating Profit: Increased by 2.2% to SAR 528.8 million for FY2025, implying a strong operating profit margin of 56.6%.

• Net profit, excluding losses from associates, stood at SAR 532.2 million for FY2025, reflecting a 3.2% YoY increase from the SAR 516.0 million reported in FY2024.

• Share in an associate: The Company recorded a loss of SAR 132.1 million from its investment in the digital bank D360 for FY2025, compared to SAR 72.0 million last year. During its first year of operation, the bank has managed to attract more than 2.4 million customers and has launched more than 23 products & features across Retail & API-Based Banking.