Aeon Credit Service (m) Bhd. · MYX:AEONCR
Aeon Credit Service (m) Bhd — Q1 FYE2026 Earnings Presentation
29 slides from Aeon Credit Service (m) Bhd's earnings presentation, Jul 8, 2025
Slide 1: Q1 FYE26 Financial Results
Q1 FYE26 FINANCIAL RESULTS 8 July 2025
Slide 2: Table of Contents
Table of Contents 03 KEY HIGHLIGHTS 05 FINANCIAL OVERVIEW 13 KEY STRATEGIES & MOVING FORWARD 22 APPENDICES
Slide 3: Key Highlights
KEY HIGHLIGHTS ———————
Slide 4: Economic Outlook and Financial Results Overview
Economic Outlook and Financial Results Overview Robust revenue growth supported by transaction volume and receivable; Lower PAT attributable to higher impairment loss provision and share of losses from associate Economic Outlook • Malaysia’s GDP grew 4.4% in 1Q 2025, supported by sustained household
Slide 5: Financial Review
FINANCIAL REVIEW EE
Slide 6: Q1FYE26 Financial Performance
Q1FYE26 Financial Performance • Total Income grew by 10.7%, mainly driven by higher sales and receivables, which rose 13.9% and 15.6% YoY respectively • Operating expenses (excluding IL) increased, led by higher headcount and costs associated with sales & revenue generation. • Higher impairment loss
Slide 7: Profit and Loss Walk and Cost-to-Income Ratio (CIR)
Profit and Loss Walk and Cost-to-Income Ratio (CIR) Continued Discipline in Operating Cost Control RM mil 77.7 17.1 IL Q1FYE25: RM163.5 mil CIR Trend 2.6 0.7 65.9 IL Q1FYE26: RM229.4 mil 63.0% 56.8% 56.2% 52.7% 106.4 4.2 8.7 15.1 77.5 4.3 6.9 Write Off +RM23.4 mil ECL +RM28.7 mil 26.4% 28.5% 27.8% 2
Slide 8: Total Transaction & Financing Volume
Total Transaction & Financing Volume Robust growth YoY driven by Payment Business and Personal Financing Total Transaction & Financing Volume (RM mil) Transaction & Volume by Types Easy Payment Payment Business Personal Financing 48.8% 44.9% +4.8% +22.0% +23.1% +7.8% -0.2% +2.6% Q1 Q1 964 1,010 657
Slide 9: Total Transaction & Financing Volume
Total Transaction & Financing Volume Business expansion via effective marketing strategies and onboarding initiatives Personal Financing Card in Circulation (CIC) Motorcycle Financing Market Share (%) (‘000) Market Share (%) +19.4% YoY 23.8 23.5 9.1 10.1 +2.8% QoQ 7.1 22.8 287 295 247 Nov Feb May Q1
Slide 10: Total Gross Financing Receivables
Total Gross Financing Receivables Sustained momentum with strong growth across key products - 3.6% QoQ and 15.6 YoY expansion Focusing M40 segment and premium products Gross Financing Receivables (RM mil) Gross Financing Receivables by Types Easy Payment Payment Business Personal Financing 63.9% 61.
Slide 11: Asset Quality
Asset Quality Enhancing segmental calling and risk strategies to boost collection performance Receivable Collection Ratio (%) Non-Performing Loan (%) • Overall collection performance remains stables despite a slight downtick in Account 2.46 2.64 2.57 Not Past Due (D0) 97.6% 97.7% 97.1% • Leveraging
Slide 12: Asset Quality
Asset Quality Loan loss coverage ratio at 217%, reflecting prudent provisions Net Credit Cost (NCC) Impairment Loss (IL) Analysis • Impairment loss increased by RM23 5.75% 6.38% 222% 209% 217% million QoQ, mainly contributed by 5.25% financing growth and movement of 4.98% 37 delinquent accounts 3.20
Slide 13: Key Strategies and Moving Forward
KEY STRATEGIES AND MOVING FORWARD
Slide 14: FYE26 Indicators
FYE26 Indicators Continual delivery of sustainable returns to shareholders Actual Actual Indicators Actual Remark FYE24 FYE25 FYE26 Q1FYE26 • Attributed to digital onboarding Loan Growth 12.9% 15.4% ±10% ±10% 15.6% initiatives and growth strategy to acquire M40 customer • Revenue increased YoY under
Slide 15: FYE26 Strategic Roadmap
FYE26 Strategic Roadmap Robust Brand Visibility & Bringing “Finance” Closer to Everyone Key Business Strategy Focus in FYE26 1 Customer Acquisition & Cross Selling via AEON 4 Enhancing Competitiveness via FinPlus Wallet & AEON Loyalty Programme Membership & Pre-Approval Model 2 Deepening Collaborati
Slide 16: Q1FYE26 Business Strategy Update
Q1FYE26 Business Strategy Update Cross selling via wallet integration and group collaboration program to bringing “Finance” closer to everyone Customer Acquisition via AEON Living Zone 1 2 Collaborations with AEON Group AEON Wallet and Loyalty • Joint project with AEON CO to unify customer data and
Slide 17: Q1FYE26 Business Strategy Update
Q1FYE26 Business Strategy Update Driving Cost Efficiency through Digital Transformation & Automation Driving Cost Efficiency through Digital • Dunning by pool with revised incentive scheme introduced in Jun25, supported by 3 Transformation & Automation system improvements, driving daily average call
Slide 18: Q1FYE26 AEON Bank Updates
Q1FYE26 AEON Bank Updates Successful Launch of Personal Financing-i and Rollout of Term Deposit-i in Q1FYE26 Personal Financing-i Term Deposit-i Q1FYE26 Financial Performance • Launched • Launched in Apr25 RM mil Q1FYE25 Q1FYE26 in Mar25, with minimum placement of Total Income 2.4 2.6 offering finan
Slide 19: Q1FYE26 Sustainability Updates
Q1FYE26 Sustainability Updates Embedding Sustainability across AEON Credit business Environmental Economy Digitalization and Sustainable SLL Performance Payment Initiatives FYE2026 is the final year of Q1 Progress Update: Digitalization initiatives, including Q1 Progress Update: *SPT-1 our Sustainab
Slide 20: Q1FYE26 Key CSR Activities
Q1FYE26 Key CSR Activities Uplifting communities through relief, environmental actions and education Malaysian AEON Foundation (MAF) Environmental & Social Inclusion Initiatives ESG RATINGS Constituent of the FTSE4Good Bursa Malaysia Index MAF AEON Mesra Ramadan 2025 - 442 children 2,800 bowls of bu
Slide 21: Q1FYE26 Award Winning and Credit Ratings
Q1FYE26 Award Winning and Credit Ratings Driving Growth and Innovation: Award-Winning Credit and Payment & Collection Solutions Leadership in Credit Growth Award Best Payment and Collection Solution Award by MasterCard Malaysia by The Asset Awarded the "Leadership in Credit Growth Award" by MasterCa
Slide 22: Appendices
APPENDICES EE
Slide 23: Performance Highlights
Performance Highlights Q1 Q4 Q1 (RM mil) QoQ YoY FYE25 FYE25 FYE26 Total Transaction & Financing Volume 1,975.0 2,162.2 2,248.9 4.0% 13.9% Easy Payment Financing 963.9 937.0 1,010.1 7.8% 4.8% Payment Business 537.6 657.2 655.8 -0.2% 22.0% Personal Financing 473.5 568.0 583.0 2.6% 23.1% Total Income
Slide 24: Financial Summary
Financial Summary Q1 Q4 Q1 (RM mil) QoQ YoY FYE25 FYE25 FYE26 Easy Payment Financing 8,085.7 8,746.5 9,028.0 3.2% 11.7% Payment Business 804.1 960.7 987.8 2.8% 22.8% Personal Financing 3,763.6 4,412.9 4,615.7 4.6% 22.6% Total Financing Receivables 12,653.4 14,120.1 14,631.5 3.6% 15.6% Impairment Los
Slide 25: Operating Income
Operating Income Q1 Q4 Q1 (RM mil) QoQ YoY FYE25 FYE25 FYE26 Easy Payment Financing 307.6 322.1 334.0 3.7% 8.6% Payment Business 45.9 54.3 55.3 1.9% 20.5% Personal Financing 165.2 195.0 206.5 5.8% 25.0% Brokerage Fee* 3.5 3.6 4.1 13.3% 14.6% Total Revenue 522.2 575.0 599.9 4.3% 14.9% Other Operating
Slide 26: Total Expenses
Total Expenses Q1 Q4 Q1 (RM mil) QoQ YoY FYE25 FYE25 FYE26 Impairment Loss on Receivables 163.5 185.3 229.4 23.8% 40.3% Personnel Expenses 64.2 71.9 68.4 -4.9% 6.5% Advertising & Promotion (A&P) 15.3 8.4 16.0 91.0% 4.7% Other Operating Expenses 88.7 84.7 97.4 15.0% 9.9% Operating Expenses 331.6 350.
Slide 27: Financial Indicators
Financial Indicators Q1 Q1 FYE22 FYE23 FYE24 FYE25 FYE26 PBT (RM mil) 526.8 547.0 565.2 144.8 109.0 PAT (RM mil) 365.4 417.7 424.0 106.4 77.5 Weighted average no. of ordinary shares (mil) 255.3 255.3 510.6** 510.6** 510.6** Basic EPS (RM)* 0.70 0.80 0.81 0.80 0.61 NTA per share (RM)* 3.9 4.6 5.2 5.4
Slide 28: Disclaimer
Disclaimer This document has been prepared by AEON Credit Service (M) Berhad (“AEON Credit” or the “Group”) solely for the use at the presentation to analyst, fund managers and investors. The information contained in this document has not been independently verified. No representation or warranty, w
Slide 29: Thank You
THANK YOU Mr Lee Kit Seong Ms Lee Siew Tee Investor Relations Team Chief Corporate Officer Chief Financial Officer ir_info@aeoncredit.com.my leeks@aeoncredit.com.my stlee@aeoncredit.com.my Level 18, UOA Corporate Tower, www.aeoncredit.com.my Avenue 10, The Vertical, Bangsar South City, 03-2772 9000
AEON Credit Service (M) Berhad — Q1 FYE2026 Earnings Presentation on 6ix