FY2019 Corporate Presentation 24 October 2019 For Information only - - PowerPoint PPT Presentation

Silverlake Axis Ltd FY2019 Corporate Presentation

24 October 2019

For Information only

AGENDA

FY2019 KEY HIGHLIGHTS DIVIDEND HISTORY FY2020 PRIORITIES VISION & STRATEGY FY2019 BUSINESS UPDATES

3

Revenue Expenses EBITDA PAT EPS (Basic) Operating Cash Flow

+RM139.0m +RM49.2m +RM165.5m +RM111.5m +4.18¢ +RM180.3m

RM681m – an increase of 26%

Strong

• verall

performance with 62% comprising maintenance and enhancement revenue

RM198m – an increase of 33%

Including one offs and investments for growth and future proofing of the franchise

RM333m – an increase of 99%

The franchise continues to create superior

• perational leverage

RM246m – an increase of 83%

All growth drivers producing sustainable contributions

9.27¢- an increase of 82%

Superior operating cash flow generation with RM451m cash on the balance sheet

FY2019 Key Highlights

Key financial metrics trending positively in FY2019

549.9 541.8 680.8 70% 67% FY2017 FY2018 FY2019 Revenue (RM 'm) C/I ratio (%)

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[RM million]

Revenue Growth FY2019

Majority of revenue segments outperformed in FY2019

Revenue up 26% RM 139mil

AGENDA

FY19 FINANCIAL UPDATES DIVIDEND HISTORY FY2020 PRIORITIES VISION & STRATEGY FY2019 BUSINESS UPDATES

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Financial Year Frequency of dividend paid FY2003 (first year of listing) Quarterly FY2004 to FY2009 Half yearly FY2010 Half yearly and two special dividends FY2011 to FY2013 Quarterly FY2014 Quarterly and one special dividends FY2015 to FY2016 Quarterly FY2017 Quarterly and two special dividends FY2018 Quarterly and three special dividends FY2019 Quarterly Amount Dividend per share (SGD) RM Normal Dividends 0.325 1,679,699,094 Special Dividends 0.053 392,689,122 Total Dividends 0.378 2,072,388,216

Dividend History

Since listing in 2003 SAL has distributed RM2.1b in dividends

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Dividend 5 year Trend

Consistently above our 40% dividend payout policy

4.20 3.00 4.50 3.00 1.80 96% 87% 43% 175% 59% 0% 20% 40% 60% 80% 100% 120% 140% 160% 180% 200% 0.00 1.00 2.00 3.00 4.00 5.00 2015 2016 2017(2) 2018 2019

Dividends Per Share (SGD cents) Payout (%)

2017^ 2018^

Year Share Price Dividend per share (SGD cents) Yield % (with special dividend) Yield % (without special dividend) 2015 0.980 4.20 4.3% 4.3% 2016 0.515 3.00 5.8% 5.8% 2017^ 0.585 4.50 7.7% 3.8% 2018^ 0.525 3.00 5.7% 2.3% 2019 0.535 1.80 3.4% 3.4%

^ with special dividend

AGENDA

FY19 KEY HIGHLIGHTS DIVIDEND HISTORY FY2020 PRIORITIES VISION & STRATEGY FY2019 BUSINESS UPDATES

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Vision

To be Asia Pacific’s Largest Digital Economy Solutions Company

Strategy

Leverage our large client base to be partner of choice in their technology journey and transformation Expand through nurturing and growing our acquired businesses for superior incremental growth. Accelerate product innovation and provide superior service delivery capabilities to our customers Drive initiatives to transform SAL into a performance- based, best in class organisation driven by engaged employees Continually seek accretive

• pportunities with

exponential growth potential and synergies to our existing business Enhance corporate efficiency and effectiveness through targeted internal transformation programs

Vision & Strategy

AGENDA

FY19 KEY HIGHLIGHTS DIVIDEND HISTORY FY2020 PRIORITIES VISION & STRATEGY FY2019 BUSINESS UPDATES

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Technology Refresh Payment Systems Strategic Core Banking Refresh/ Enhancement Core Banking Upgrade Digital Transformation Core Banking Transformation Roadmap

FY2019 Business Updates

Banking : We closed 31 major contracts valued at approximately RM170m

Secured Malaysia government-owned banks Secured contracts 2 Malaysian banks & a consumer credit provider, a Singapore Bank, a Thai bank, a large bank in the Maldives & a leading bank in Pakistan Secured contracts 4 Malaysian banks, 2 insurance company, 2 state-owned funds, a leading banking group in central Europe & a Thai bank Secured contracts 1 Malaysian bank and 1 Pakistan commercial bank Secured contracts 4 Malaysian banks and 1 provident fund institution and a Sri Lanka bank Secured large bank in Indonesia

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FY 2019 Business Updates

Insurance - Rapidly Expanding Our Insurtech Ecosystem

Hong Kong Singapore Japan

New Customer Wins

Thailand Philippines Malaysia Singapore Indonesia Vietnam Hong Kong China

Japan [Oct 2019] A suite of analytic solutions powered by AI and video to provide insights and the right data to support our insurance partners.

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SIA X Infotech Group (“XIT”), our new acquisition based in Latvia was formally completed in January 2019 and integration with SAL has been completed. XIT is a leading provider of software solutions for the issuance and verification of digital identity, mobile and multi-factor user authentication and payment and public key infrastructure applications. XIT has made a positive contribution to the 6 months financial results of SAL Group in both revenue and profit.

Acquisition of X Infotech Group

Integrated into SAL Group in FY2019

AGENDA

FY19 KEY HIGHLIGHTS DIVIDEND HISTORY FY2020 PRIORITIES VISION & STRATEGY FY2019 BUSINESS UPDATES

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Continue to leverage, protect and build on our core client base. Enhance and innovate to offer relevant product and solution suites in the markets we serve. Leverage

• n
• ur

geographical network and expand into new market

• pportunities as appropriate.

Accelerate the growth momentum of our acquisitions. Continue the momentum of targeted and focused acquisitions that are accretive and synergistic with the SAL Group. Continue to drive and transform as an organization that is both operationally efficient and responsive to our clients and the markets we serve.

Our FY2020 Priorities

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THANK YOU