Dubizzle Group Initial Public Offering (IPO)

Emirates Islamic Bank (P.J.S.C.) acting as a Receiving Bank, presents you with the opportunity to subscribe to Dubizzle Group Initial Public Offering on the DFM.

Dubizzle Group is the MENA region’s leading digital classifieds marketplace and a household name in the UAE, connecting individual and business sellers with prospective buyers across verticals, particularly real estate and automotive, through its powerful digital ecosystem.

At the centre of this ecosystem are its two flagship platforms: dubizzle, a broad horizontal portal spanning real estate, automotive, and general classifieds, and Bayut, a specialized specialised vertical platform dedicated exclusively to real estate, making the Group the primary choice for property agencies and car dealers.

The IPO provides the opportunity to invest in MENA’s leading digital classifieds marketplace, pursuing accelerated growth. Dubizzle Group has announced its intention to offer 1,249,526,391 shares, representing 30.34% of its total share capital through an Initial Public Offering on the Dubai Financial Market (DFM).

Subscriptions will open on 23 October 2025.

Key Facts and Figures

#1 Classifieds Marketplace in MENA
54 million monthly sessions in H1 2025 on Group platforms
18 million monthly active users in H1 2025 on Group platforms
1.2 million monthly net new listings in H1 2025 on Group platforms
US$ 117 million: Dubizzle Group H1 2025 Adjusted Revenue (+39% YoY)
US$ 105 million: UAE Segment H1 2025 Adjusted Revenue (+32% YoY)
US$ 43 million: UAE Segment H1 2025 Adjusted Net Profit (41% margin)
US$ 41 million: UAE Segment H1 2025 Adjusted Free Cash Flow (85% cash conversion)

Investment Highlights

MENA classifieds champion in Real Estate and Autos with highly engaged users and deep agency and dealership relationships
Strong network effects supporting a powerful and differentiated business and monetisation model
Operating in underpenetrated and under-monetised, high-growth MENA markets with strong digital adoption and opportunity for higher monetisation across real estate and automotive classifieds
Attractive KSA opportunity underpinned by a successful replicable classifieds business model and an integrated services offering designed to meet the needs of the Saudi market
Cutting-edge, AI-powered tech and data platform enabling product innovation and strong lead generation
Strong financial performance underpinned by combination of recurring revenue growth, margin expansion and robust cash generation
Founder-led leadership team with a long track record of profitable growth and disciplined M&A

Important Dates

Key Dates	IPO Milestone
23 October 2025	Offer Price Range Announcement and Subscriptions Open
29 October 2025	Retail Subscriptions Close
30 October 2025	Final Offer Price Announcement
04 November 2025	Allocation and Refunds Commence
06 November 2025	Expected Listing on DFM

To learn more about the Dubizzle Group UAE IPO, visit ipo.dubizzlegroup.com or call 04-3160066.

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 Dubizzle Group 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 "Dubizzle Group - IPO"; and for the investment amount
Valid DFM NIN
Identification documents as listed above

To learn more about Dubizzle Group UAE IPO, please visit: ipo.dubizzlegroup.com.

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 units should be based solely on the information in the Prospectus.