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Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or


  1. Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commitment or investment decision. This presentation has been prepared solely for use at this presentation. By your continued attendance at this presentation, you are deemed to have agreed and confirmed to DRB-HICOM Berhad (the “Company”) that: (a) you agree not to trade in any securities of the Company or its respective affiliates until the public disclosure of the information contained herein; and (b) you agree to maintain absolute confidentiality regarding the information disclosed in this presentation until the public disclosure of such information, or unless you have been otherwise notified by the Company. Reliance should not be placed on the information or opinions contained in this presentation or on its completeness. This presentation does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. None of the Company and its affiliates and related bodies corporate, and their respective officers, directors, employees and agents disclaim any liability (including, without limitation, any liability arising from fault or negligence) for any loss arising from any use of this presentation or its contents or otherwise arising in connection with it. This presentation contains projections and “forward -looking statements” relating to the Company’s business and the sectors in which the Company operates. These forward-looking statements include statements relating to the Company’s performance. These statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. It is important to note that actual results could differ materially from those anticipated in these forward looking statements. The Company does not undertake to inform you of any matters or information which may come to light or be brought to the Company’s attention after the date hereof. The forecasts and other forward-looking statements set out in this presentation are based on a number of estimates and assumptions that are subject to business, economic and competitive uncertainties and contingencies, with respect to future business decisions, which are subject to change and in many cases outside the control of the Company. The directors and officers of the Company believe that they have prepared the forecasts with due care and attention and consider all best estimates and assumptions when taken as a whole to be reasonable at the time of preparing the presentation. However, the Company’s forecasts presented in this presentation may vary from actual financial results, and these variations may be material and, accordingly, neither the Company nor its directors or officers can give any assurance that the forecast performance in the forecasts or any forward-looking statement contained in this presentation will be achieved. Details of the forecasts and the assumptions on which they are based are set out in the presentation. This presentation may not be copied or otherwise reproduced without the written consent of DRB-HICOM Berhad. 2

  2. Group Financial Results For the Financial Period Ended 30 June 2019 YoY 1QFY2019 1QFY18/19 4QFY18/19 1QFY2019 vs (RM million) 1QFY18/19 3,436.9 2,654.4 3,466.7 29.5% Operating Revenue Profit/(Loss) Before Tax 146.7 (94.4) 328.8 >100% EBITDA 199.5 656.3 >100% 472.6 (33.6)¹ - 60.1² - Exceptional Items Normalised 113.1 (94.4) 388.9 >100% Profit/(Loss) Before Tax Normalised 439.0 199.5 716.4 >100% EBITDA Note : 1.Gain on disposal of partial equity interest in MODENAS of RM33.6 million 2.Impairment of Pos Logistics goodwill of RM60.1 million 3

  3. Key Highlights The Group’s Revenue Increase by 29.5% Y -o-Y CHANGE OF FINANCIAL YEAR END  As announced on 8 July 2019, DRB-HICOM changed its financial year end from 31 March to 31 December  The Group’s next annual audited financial statements will be covering 9 -month period ending 31 December 2019 FINANCIAL  The Group recorded revenue of RM3.4 billion and PBT of RM146.7 million for the three months ended 30 June 2019 AUTOMOTIVE  PROTON’s market share grew to 17.9% as at 30 June 2019 and sales increase (1QFY2019: 25,237 units vs 4QFY18/19: 18,281 units) on the back of strong Proton X70, Saga and Persona sales  Lower PBT due to the timing of completion of AV-8 under Defence, product mix and certain writeback of unutilised provision in 4QFY18/19 SERVICES  Lower contribution mainly from Postal and Logistics businesses PROPERTIES  Lower recognition from construction related projects – Media City Development 4

  4. Group Revenue Sectoral Breakdown (RM million) YoY: 29.5% QoQ: 0.9% 3,436.9 3,466.7 115.4 176.6 2,654.4 1,087.0 1,212.7 142.8 1,108.0 2,234.5 2,077.4 1,403.6 1QFY2019 1QFY18/19 4QFY18/19 Automotive Services Properties 5

  5. Group Profitability Profit/(Loss) Before Tax (RM million) YoY: >100% QoQ: 55.4% 328.8 134.8 26.9 146.7 17.1 (94.4) 26.6 258.7 30.1 122.0 56.5 (139.0) 1QFY2019 1QFY18/19 4QFY18/19 Automotive Services Properties Total PBT/(LBT) figures include Investment Holding as tabulated below: (RM million) 1QFY2019 1QFY18/19 4QFY18/19 Investment Holding (19.0) (42.0) (91.6) 6

  6. Automotive Revenue (RM million) YoY: 59.2% QoQ: 7.6% 1QFY19 Automotive Revenue Breakdown 2,234.5 2,077.4 168.1 AD 181.1 177.0 7% AC 206.9 355.8 8% 1,403.6 376.5 198.6 RM2.2 D&A 16% 171.7 billion 427.7 1,533.6 PROTON 1,312.9 69% 605.6 1QFY2019 1QFY18/19 4QFY18/19 PROTON Defence & Aviation (D&A) Automotive Component (AC) Automotive Distribution (AD) 7

  7. Sales Performance with 34% Market Share By Marques 153,270 units Units Total Industry Volume (Apr to Jun’19) 51,503 units 27,172 25,237 22,190 22,070 18,281 Others 14,263 66% 34% 1QFY2019 1QFY18/19 4QFY18/19 1QFY2019 1QFY18/19 4QFY18/19 2,273 2,495 2,233 1,904 2,040 1,963 1QFY2019 1QFY18/19 4QFY18/19 1QFY2019 1QFY18/19 4QFY18/19 49% Source: MAA New Launches in 1Q19 43% 4% 4% BR-V Special Edition Persona Facelift Iriz Facelift Exora RC 8

  8. Services Revenue (RM million) YoY: 1.9% QoQ: 10.4% 1QFY19 Services Revenue Breakdown 1,212.7 1,108.0 1,087.0 2.4 Education 3.0 2.7 Banking 312.3 28% 225.0 233.0 RM1.1 Logistics 336.4 313.9 304.3 50% billion Concession 566.1 561.6 22% 547.0 1QFY2019 1QFY18/19 4QFY18/19 Logistics Banking Concession Education 9

  9. Properties Revenue (RM million) YoY: 19.2% QoQ: 34.7% Media City 176.6 142.8 115.4 ICQS 1QFY2019 1QFY18/19 4QFY18/19 10

  10. Group Financial Position Key Ratios As at As at As at As at (RM billion) 30 Jun’19 31 Mar’19 30 Jun’19 31 Mar’19 Property, Plant & Equipment 6.4 6.1 Shareholders’ Fund (RM billion) 6.76 6.71 Banking Related Assets 21.1 22.3 Group Borrowings (RM billion) 6.29 6.36 Inventories 2.9 2.8 Gross Gearing (times) 0.62 0.64 Cash & Bank Balances 2.3 2.5 Net Asset per Share (RM) 3.50 3.47 Return on Shareholders’ Equity Trade & Other Receivables 4.5 4.3 0.68 1.83 (%) Others 5.0 4.7 TOTAL ASSETS 42.2 42.7 Equity attributable to Owners of the Company 6.8 6.7 Perpetual Sukuk 1.0 1.1 RCCPS 1.3 1.2 Non-controlling Interest 1.6 1.6 Short Term Borrowings (include OD) 2.7 2.8 Long Term Borrowings 3.6 3.5 Banking Related Liabilities 18.2 19.2 Others 7.0 6.6 11 TOTAL EQUITY & LIABILITIES 42.2 42.7

  11. Key Shareholders of DRB-HICOM As at 30 June 2019 (%) 81.0 79.8 82.4 78.6 77.5 77.1 3.9 7.3 3.6 6.8 3.6 2.6 9.4 9.8 9.3 9.1 7.6 9.1 10.6 9.2 9.3 8.9 9.3 8.7 55.9 55.9 55.9 55.9 55.9 55.9 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Etika Strategi Sdn Bhd Foreign Shareholders Employees Provident Fund Lembaga Tabung Haji 12

  12. For enquiries, please contact us at:- Investor Relations Level 5, Wisma DRB-HICOM No. 2 Jalan Usahawan U1/8 40150 Shah Alam, Selangor Malaysia email : invest@drb-hicom.com tel : +603 2052 8194 / 8213 fax : +603 2052 8228

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