1 Habib Metro Modaraba Habib Metro Modaraba Corporate

1

Habib Metro Modaraba Habib. Metro Modaraba Corporate Briefing Session 2

Corporate Briefing v Habib. Metro Modaraba – Profile v Management Company v Main Sponsors v Operational Activities v Financial Performance v Future Outlook 3

Habib Metro Modaraba PROFILE Habib Metro Modaraba: is a perpetual and multi-purpose Modaraba and invests in various Islamic modes of financing. In addition, the Modaraba may use other avenues of investment as already approved by the Religious Board for other Modarabas or that may be approved by the Religious Board in the future. All transactions of the Modaraba is in accordance with Principle of Islamic Finance and applicable laws in Pakistan. 4

Habib Metro Modaraba Paid up Certificate Capital Out of the total paid up fund of the Habib Metro Modaraba of Rs. 300, 000/-, the management company and the sponsors, Habib Metropolitan Bank Limited have participated to the extent of Rs. 210, 000/-. Modaraba Certificates of Habib Metro Modaraba (HMM) was offered to the general public for the subscription in September, 2017. The public issue was well received and oversubscribed against the offered amount of Rs. 90, 000/5

Habib Metro Modaraba Management Company Habib Metropolitan Modaraba Management Company (Private) Limited, a wholly owned subsidiary of Habib Metropolitan Bank Limited, is a private limited company, registered as a Modaraba management company with the Registrar Modaraba. 6

Habib Metro Modaraba Main Sponsor Habib Metropolitan Bank Limited is the main sponsors of Habib Metro Modaraba, the bank was incorporated in Pakistan as a Public Listed Company in 1992 as Metropolitan Bank Limited. The Bank commenced, duly licensed, full scheduled commercial-banking operations in October 1992. 7

Habib Metro Modaraba sector of Pakistan Modaraba companies are engaged in following business activities • Trading • Manufacturing • Financial Services • Rental Services • Equity Brokerage Business wise category of Modarabas As per published accounts of Modaraba's As on 30 th June, 2018 No. of Modarabas Asset Size Equity Size Profit 26 (PKR in million) 52, 670 22, 712 776 Financial Services: Trading: Manufacturing: Rental Services: 23 01 01 01 8

Habib Metro Modaraba OPERATIONS 9

Habib Metro Modaraba Board of Directors Presently the Board of the Modaraba Company comprises of the following persons: Mr. Wazir Mumtaz Ahmed Chairman (Non-Executive Director) Mr. Muhammad Shoaib Ibrahim Chief Executive Officer Mr. Syed Rasheed Akhtar (Non-Executive Independent Director) Mr. Saeed Uddin Khan (Non-Executive Independent Director) Mr. Mohammad Shams Izhar (Non-Executive Director) 10

Habib Metro Modaraba ORGANOGRAM 11

Habib Metro Modaraba Distribution Network HABIBMETRO MODARABA Head Office in Karachi HMM - Liaison OFFICES DESK Islamabad Peshawar Lahore Sialkot Multan 12

Habib Metro Modaraba HMM – Products / Services Habib Metro Modaraba has commenced its business operations and gradually moving towards its core business activities i. e. , • Residual Value Car Financing “Insta. Car” • Financing of Solar Power Equipment The Modaraba is carefully moving towards assets booking in said business segments. 13

Habib Metro Modaraba Product Brief Residual Value (RV) Car financing model • • The Modaraba provides car financing solutions to various individual and corporate customers on the basis of RV car financing model “Insta. Car”. In the RV car financing, the monthly rentals are significantly lower than the regular financing mode. This allows a customer to repay some part of facility at considerably reduced monthly installments and after completion of facility period the customer can buy the car at fixed residual value or return it to Modaraba. Due to the significantly reduced monthly installments, customer can also enjoy use of higher value cars. Providing financing for solar power equipment • The Modaraba also provide financing for solar power equipment to prospective customers on the basis of approved Islamic modes of financing. 14

Habib Metro Modaraba Collaboration with Habib. Metro Bank The Habib. Metro Modaraba has recently executed a Service Level Agreement with Habib Metropolitan Bank and by virtue of the said agreement the “Insta. Car” is also available from the Habib Metropolitan Bank branches located in the major cities of the country. 15

Habib Metro Modaraba FINANCIAL PERFORMANCE 16

Habib Metro Modaraba Financial Highlights Amount in Rs. Oct 17 to June-18 FY June-19 1 QFY 20 304, 898, 677 319, 418, 302 328, 350, 211 1, 234, 093 168, 017, 768 169, 571, 016 90, 626, 025 147, 069, 328 170, 511, 092 977, 600 7, 311, 414 16, 747, 682 Paid Capital 300, 000, 000 300, 000 Certificate holders equity 304, 012, 077 312, 106, 888 311, 602, 529 Gross Revenue 12, 657, 349 29, 393, 602 12, 530, 251 Net Profit 4, 012, 077 11, 094, 811 7, 745, 641 Earning Per certificate 0. 13 0. 37 0. 26 Cash dividend Income from Diminishing Musharaka Financing 0. 10 0. 275 - 208, 199 13, 757, 843 7, 574, 300 Total Assets Diminishing Musharaka Financing Current Assets Current liabilities 17

Habib Metro Modaraba Sector INDIVIDUALS SERVICES EDUCATION Amount Percentage (PKR) 67, 109, 651 67, 019, 030 9, 482, 940 40% 6% FOOD & ALLIED 9, 043, 137 5% TEXTILE 6, 507, 365 4% AUTO & ALLIED 4, 618, 509 3% FUEL, POWER, AND ENERGY 4, 071, 983 2% HEALTH CARE 1, 358, 401 1% TOTAL 169, 571, 016 100% Millions SECTOR WISE FINANCING ASSETS AS AT SEPTEMBER 30, 2019 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5 - INDIVIDUALS SERVICES EDUCATION FOOD & ALLIED TEXTILE AUTO & ALLIED FUEL, POWER, AND ENERGY HEALTH CARE SECTOR WISE FINANCING ASSETS 18

Habib Metro Modaraba Future Outlook 19

Habib Metro Modaraba Future Outlook Presently our economy is passing through a difficult time and way forward it is expected that overall business conditions will be remained in pressure during current year due to several economic challenges. Operating in an economic slowdown environment becomes more challenging, however, the competent team of HMM will try to deliver even better result in coming years by adopting cautious approach in new booking of financing assets and will continue to grow the business in prudent manner. 20

Thank You 21

Question & Answer 22