Annual General Meeting 19 April 2017 1 Disclaimer This - - PowerPoint PPT Presentation

Presentation to Shareholders Annual General Meeting 19 April 2017

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This presentation may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include industry and economic conditions, competition, and legal, governmental and regulatory

• changes. The forward-looking statements reflect the current views of

Management on future trends and developments.

Disclaimer

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Overview

Vision To be a leading service provider, building reliable connections and solutions for the benefit of

• ur stakeholders.
• Contract Logistics
• Port Logistics
• Urban Logistics
• Design & Build
• Own & Operate (Facility

Management)

• REIT & Fund Management
• Telecommunications/Infocomm

Technology

Logistics Data Centre Investments

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Financial Performance

• Revenue was S$195m
• Net profit was S$105m
• Shareholders’ funds were S$797m
• Return on Equity was 13.8%
• Net gearing was 0.53x
• Cash dividend per share of 4.5 cents

5 (16)* 63 100 24 21 (40)

• 40

80 120 160

FY 2015 FY 2016

Logistics Data Centre Investments

92 105

NET PROFIT

S$ Million

* Includes impairment losses in fixed assets. 4

Logistics Division

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Keppel Logistics in Asia Pacific

3.8 million sq ft of warehouse space in 6 countries across Asia Pacific 3 river ports in China with container handling capacity of 700,000 TEUs per year

China

• Foshan, Guangdong
• Hong Kong
• Jilin City, Jilin
• Lu’an, Anhui
• Shenzhen, Guangdong
• Tianjin
• Wuhu, Anhui

Vietnam

• Bac Ninh
• Binh Duong
• Hanoi
• Ho Chi Minh City
• Long An

Malaysia

• Kluang, Johor
• Shah Alam, Selangor

Singapore

Indonesia

• Jakarta
• Medan
• Balikpapan

Australia

• Brisbane

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5.5 88 50 100 2015 2025

E-COMMERCE MARKET (SOUTHEAST ASIA)

US$ Billion

• Asia Pacific 3PL market is expected to grow at a

CAGR of over 5% to reach US$385 billion by 2022¹.

• Southeast Asia e-commerce market to grow at a

CAGR of 32% to reach US$88 billion by 2025².

• Increasing adoption of new technology

applications and automation, and new business models such as crowdsourced logistics for greater connectivity and efficiency.

Source: (1) Global Market Insights, (2) Research by Google and Temasek

Key Logistics Trends

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Logistics Division’s 2016 Milestones

Awards

• Awarded Singapore

Domestic Logistics Service Provider of the Year by Frost & Sullivan

New Businesses

• Acquired Courex, an

e-commerce fulfilment company (59.6%)

• Tianjin Eco-City Distribution

Centre commenced

• perations

Initiatives

• Integrate operations (SEA,

China) to enhance cost efficiency

• Restructure business into

Contract Logistics, Port Logistics and Urban Logistics

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Building on its rich experience in third-party logistics, Keppel Logistics will capture new growth by providing e-commerce and urban logistics solutions for the digital economy.

Healthcare & Pharmaceuticals Cold Chain Fast Moving Consumer Goods Electronics & Appliances Publication Retail & E-commerce

Keppel Logistics’ Capabilities

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Data Centre Division

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Investment Strategy – Target Regions

IRELAND Keppel DC Dublin 1 UK Greenwich View 7 Cardiff

Asian platform

MALAYSIA Cyberjaya DC SINGAPORE Keppel DC Singapore 1,2,3 Keppel DC Singapore 4 (under development) BRISBANE iseek DC

Australian platform European platform

SYDNEY Gorehill DC Intellicentre 2 Netherlands Almere 1 & 2

Combined portfolio of 17 data centres with 1.4 million sq ft of net lettable area*

Germany Keppel DC Frankfurt 1 mainCubes (under development) HONG KONG PCCW – Keppel T&T International Carrier Exchange Italy Milan

* Includes all data centres under Keppel T&T, Keppel DC REIT and Alpha Data Centre Fund. 11

Data Centre Footprint

Sustained growth of the data centre industry with developing technologies forming the next wave of digital revolution and data creation

Key Data Centre Trends

Source: (1) International Data Corporation, (2) Gartner, (3) Structure Research, (4) KBV Research 12

Internet of Things¹

+17%

CAGR from 2014 to 2020

Connected Devices²

+34%

CAGR from 2016 to 2020

Cloud Market³

+61%

CAGR from 2015 to 2020

Colocation Market⁴

+13%

CAGR from 2016 to 2022

Growing Footprint

• Co-invested in Keppel DC

Frankfurt 1 with ADCF

• Embarked on the PCCW

Global-Keppel International Carrier Exchange in Hong Kong

Unlocking Value

• Divested 50% stake in Keppel

DC REIT Management to Keppel Capital

• Divested 90% stake in Keppel

DC Singapore 3 to Keppel DC REIT

Expanding Capital Base

• Collaborated with Keppel

Capital on the US$500 million Alpha Data Centre Fund (ADCF)

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Data Centre Division’s 2016 Milestones

Keppel T&T is poised to capture value and recurring income in collaboration with Alpha Data Centre Fund and Keppel DC REIT

>12 Years of Operational Excellence Blue Chip Clients Asia Pacific & Europe Presence Capital Recycling Platform

DESIGN & BUILD OWN & OPERATE STABILISE & MONETISE TRUSTS & FUNDS

Operation Fee-based Revaluation & Divestment

• Unlocking value
• Recycling &

reinvesting capital for higher returns

• Trust & fund management
• Dividend income
• Wholesale colocation
• Facility management
• Value-added services
• Management &

development

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Creating & Capturing Value

Leveraging synergies across the Keppel Group’s business verticals to create sustainable value with capital efficiency

Alpha Data Centre Fund

Target Size: US$500m First closing: US$130m

Data Centre Asset Keppel DC REIT

Keppel Capital

Data centre project acquired/ developed Asset stabilised & divested Fund management services Development &

• perational services

Keppel Group Co-Investors

Capital Seed capital

Keppel Infrastructure

Power & cooling solutions

Keppel T&T Keppel Land

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Synergies with the Keppel Group

Solutions for the Digital Economy

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