Aroundtown SA (AANNF) Q4 2025 Earnings Call Transcript

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Aroundtown SA (AANNF) Q4 2025 Earnings Call March 3, 2026 7:00 PM EST

Company Participants

Barak Bar-Hen – Co-CEO & COO
Kamaldeep Manaktala – Deputy Chief Executive Officer
Frank Roseen – Executive Director
Timothy Wright – Chief Capital Markets Officer
Limor Bermann – Chief Sustainability Officer
Jonas Tintelnot – Chief Financial Officer

Conference Call Participants

Jonathan Kownator – Goldman Sachs Group, Inc., Research Division
Kai Klose – Joh. Berenberg, Gossler & Co. KG, Research Division
Marios Pastou – Bernstein Institutional Services LLC, Research Division
Manuel Martin – ODDO BHF Corporate & Markets, Research Division

Presentation

Unknown Executive

Good afternoon, everybody. Thank you for joining us for Aroundtown’s Full Year 2025 Results Call. You can view this presentation on Aroundtown’s website, either on the Home section or under Financial Reports of the Investor Relations section.

Guiding you through the presentation today will be CEO, Barak Bar-Hen, CFO, Jonas Tintelnot, Executive Director, Frank Roseen; Chief Capital Markets Officer, Timothy Wright; Chief Sustainability Officer, Limor Bermann; Deputy CFO, Kamaldeep Manaktala; and representatives from Grand City Properties are also present. [Operator Instructions]

With that, I would like to hand over to Barak and the rest of the team, who will guide you through the presentation of our results.

Barak Bar-Hen
Co-CEO & COO

Good afternoon, and thank you for joining us for our call for year 2025 results presentation. As you have noticed, we have launched a share-to-share voluntary tender offer for GCP shares and therefore, came out earlier with the results. We published our results in parallel with GCP, so both companies’ most updated numbers are the base for the transaction. We also announced our decision to recommend to distribute a dividend for 2025, after 3 years without a dividend payout.

We will start with the FY 2025 presentation. And after that, we will continue with the offer presentation. After both presentations, we



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