talabat UAE IPO (Initial Public Offering)

Over the past two decades, talabat has grown to become the leading food ordering, delivery, takeaway and groceries and convenience retail marketplace in the MENA region, with more than 6 million active customers across eight countries for the month of September 2024.

Emirates Islamic Bank (P.J.S.C.) acting as Receiving Bank presents you with the opportunity to subscribe to the talabat Initial Public Offering (IPO) on the Dubai Financial Market (DFM).

Subscriptions will open on 19 November 2024.

Key Facts & Figures

>6 million active customers¹
>65,000 active partners¹
>119,000 active riders¹
>480 technology and product experts
AED 19.8 billion Gross Merchandise Value (GMV)²
AED 1.3 billion Adjusted EBITDA²
AED 1.3 billion Adjusted Free Cash Flow²
>90% cash conversion²
AED 367 million proposed Q4 2024 dividends
AED 1.5 billion proposed FY 2025 dividends

¹For the month of September 2024
²Period between 1 January and 29 September 2024

Investment Highlights

Leaders in a highly attractive and under-penetrated market with the highest order volumes and widest geographic reach in MENA.
Business model benefiting from powerful local network effects, driving growth, service quality and platform loyalty.
Attractive financial profile with a robust growth track record.
Pioneers in technological innovation with the ability to leverage the reach, experience and expertise of our parent company, Delivery Hero.
Passionate and highly experienced management team with over 40 years of combined C-Suite management experience and proven execution capabilities.

Important Dates to Remember

Key Dates	IPO Milestone
19 November 2024	Price Range and Subscriptions Open
27 November 2024	Retail Subscriptions Close
29 November 2024	Announcement of Final Offer Price
6 December 2024	Retail Allocation SMS
6 December 2024	Commencement of Refunds
10 December 2024	Expected Listing on DFM

To learn more about the IPO, visit talabat's dedicated IPO microsite: ipo.talabat.com

Ways to Apply

Existing Emirates Islamic customers:

1. Participating Branches: Visit any of the below branches to subscribe.

Region	Participating Branches	Documentation Requirements
Dubai	Healthcare City Branch Nad Al Hamar	For Individuals: The original and a copy of a valid passport or Emirates identity card; and In case the signatory is different from the Subscriber: • The duly notarised power of attorney held by that signatory or a certified copy by UAE-regulated persons/bodies, such as a notary public, or as otherwise duly regulated in the country; • The original passport/Emirates ID of the signatory for verification of signature and a copy of the original passport/Emirates ID; and • A copy of the passport/Emirates ID of the Subscriber for verification of signature. In case the signatory is a guardian of a minor, the following will be submitted: • Original and copy of the guardian’s passport/Emirates ID for verification of signature; • Original and copy of the minor’s passport; and • If the guardian is appointed by the court, original and copy of the guardianship deed attested by the court and other competent authorities (e.g. notary public). For Corporates: UAE-registered corporate bodies: • The original and a copy of a trade license or commercial registration for verification or a certified copy by one of the following UAE-regulated persons/bodies; a notary public or as otherwise duly regulated in the country; • The original and a copy of the document that authorises the signatory to sign on behalf of the subscriber and to represent the subscriber, to submit the application, and to accept the terms and conditions stipulated in the Prospectus and in the subscription form; and • The original and a copy of the passport/Emirates ID of the signatory.
Abu Dhabi	Main Branch Abu Dhabi Al Ain Branch
Sharjah & Northern Emirates	Halwan Branch Ajman Kalifa Bin Zayed Ras Al Khaimah Branch Fujairah Branch

Region

Participating Branches

Documentation Requirements

Dubai

Healthcare City Branch
Nad Al Hamar

For Individuals:

The original and a copy of a valid passport or Emirates identity card; and

In case the signatory is different from the Subscriber:

• The duly notarised power of attorney held by that signatory or a certified copy by UAE-regulated persons/bodies, such as a notary public, or as otherwise duly regulated in the country;
• The original passport/Emirates ID of the signatory for verification of signature and a copy of the original passport/Emirates ID; and
• A copy of the passport/Emirates ID of the Subscriber for verification of signature.

In case the signatory is a guardian of a minor, the following will be submitted:

• Original and copy of the guardian’s passport/Emirates ID for verification of signature;
• Original and copy of the minor’s passport; and
• If the guardian is appointed by the court, original and copy of the guardianship deed attested by the court and other competent authorities (e.g. notary public).

For Corporates:

UAE-registered corporate bodies:

• The original and a copy of a trade license or commercial registration for verification or a certified copy by one of the following UAE-regulated persons/bodies; a notary public or as otherwise duly regulated in the country;
• The original and a copy of the document that authorises the signatory to sign on behalf of the subscriber and to represent the subscriber, to submit the application, and to accept the terms and conditions stipulated in the Prospectus and in the subscription form; and
• The original and a copy of the passport/Emirates ID of the signatory.

Abu Dhabi

Main Branch Abu Dhabi
Al Ain Branch

Sharjah &
Northern Emirates

Halwan Branch
Ajman Kalifa Bin Zayed
Ras Al Khaimah Branch
Fujairah Branch

*Customers should have a Valid NIN with DFM for participation.

For more information on the DFM National Investor Number (NIN) and how to apply for one, please visit the DFM website at www.dfm.ae/ or access the DFM FAQs at assets.dfm.ae/other/faqs.

Click here to view our Branch locations.

2. Bank ATMs

Steps to apply:

Enter your debit card and pin number
Select the IPO subscription option from the main screen and select talabat UAE IPO
Enter a valid DFM NIN number
Select the eligible account number to be debited
Enter the amount to invest
Select the broker if any
The confirmation screen will show the IPO application number and reference number

3. Mobile Applications

Steps to apply via EI + Mobile Banking App:

Login to the app
Select the option Transfer and Pay
Select the option IPO Subscription
Select IPO Name
Select Category/Tranche
Enter Investor Number
Agree to Terms and Conditions
Select broker name and enter the amount
Confirm the details on summary screen
Authorise using SmartPass pin

Please ensure that the Mobile Application has been updated to the latest version.

Download the new EI + Mobile Banking App:

For Non Emirates Islamic customers (Via Participating Branches only):

Certified bank cheque (Manager’s cheque) drawn on a bank licensed and operating in the UAE, in favour of "talabat Holding IPO"; and for the investment amount
Valid DFM NIN
Identification documents as listed above

To find out more about the subscription criteria and process, please visit: ipo.talabat.com/

Financing Options

Indicatively Emirates Islamic is offering its existing customers a 1:5 financing for this issue. Pre-approval is required, terms & conditions apply. Please contact your Relationship Manager to discuss financing options.

For further questions related to this offering please visit ipo.talabat.com for further details.

Final allocation of shares is at the discretion of the issuer.

To apply for Financing, please click here.

Disclaimer: This announcement has not been reviewed or approved by the SCA, or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the shares should be based solely on the information in the Prospectus.

talabat UAE Public Offering

Ways to Apply

Financing Options