Netlink Nbn Trust · SGX:CJLU
Netlink Nbn Trust — Shareholder Meeting (July 2025)
13 slides from Netlink Nbn Trust's shareholder meeting presentation, Jul 22, 2025
Slide 1: Management Presentation
22 July 2025 Management Presentation
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute or form part of an offer, solicitation, recommendation or invitation for the sale or purchase or subscription of securities, including units in NetLink NBN Trust (the “Trust” and the units in the Trust, the “Units”
Slide 3: From infrastructure to impact: Enabling Smart Nation 2.0
From infrastructure to impact: Enabling Smart Nation 2.0 As Singapore accelerates toward Smart Nation 2.0, NetLink remains at the heart of this transformation, enabling secure, universal, and future-ready digital infrastructure that empowers people, businesses, and innovation Digital Connecting Open
Slide 4: Enabling digital connectivity
Enabling digital connectivity 1,523,724 53,264 Residential End-Users Non-Residential End-Users • High rise residential apartments • Non-residential premises • Landed residential area 3,241 3,930 NBAP Connections Segment Connections • Lamp post • Central Office to Central Office • Wi-Fi hotspot • Poi
Slide 5: Steady growth of fibre connections
Steady growth of fibre connections(1) RESIDENTIAL NON-RESIDENTIAL (2) 53,482 53,264 1,523,724 1,506,997 52,120 1,485,271 50,278 1,464,217 1,446,784 48,108 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 NON-BUILDING ADDRESS POINTS SEGMENT (3) 3,241 2,979 2,706 3,930 2,404 3,542 1,996 2,843 1,901 1
Slide 6: Resilient business model
Resilient business model RAB REVENUE NON-RAB REVENUE Ducts & Installation Ancillary Residential Non-Residential NBAP & Segment Co-Location Central Office Manholes Service Related & Other Project Connections Connections Connections Revenue Revenue Revenue Revenue Revenue % of FY25 Results 60.5 8.3 4.
Slide 7: Strong financial and credit profile
Strong financial and credit profile Effective Average Net Gearing Ratio1 Revenue Operating cashflow Interest Rate $411.3m $407.0m $288.6m 2.72% 28.3% $258.7m FY24 FY25 FY24 FY25 Borrowings at Net Debt/EBITDA1,2 Fixed Rate1 EBITDA EBITDA Margin 70.1% 2.4x 71.1% 70.8% $292.4m $288.1m EBITDA Interest M
Slide 8: Prudent capital management
Prudent capital management Total OCF: $259m • Distribution is fully funded by Operating Cash Flow (OCF) • Capex is funded by a combination of operating cash flow ($51m), debt ($91m) Distribution: Total Capex:$144m and cash reserve ($2m). $208m Debt and • Most capex is growth-oriented and Cash Reserv
Slide 9: Attractive DPU
Attractive DPU DISTRIBUTION PER UNIT (SINGAPORE CENTS) DISTRIBUTION YIELD (%) Bloomberg as at 31 Mar 2025 5.08 5.13 5.24 5.30 5.36 6.10 2.69 4.54 5.15 (1) FY21 FY22 FY23 FY24 FY25 NetLink 10-YR SG STI Yield FTSE ST NBN Yield Govt Bond REIT Yield • NetLink’s DPU has been growing steadily yoy since it
Slide 10: Our sustainability commitments
Our sustainability commitments TARGET • Achieve 50% reduction in Scope 1 and 2 emissions by 2030 (with FY22 as baseline) • Achieve net zero by 2050 INITIATIVES • Platinum certification for new Seletar central office under the Green Mark for New Data Centres scheme • Rolled-out LED lighting in centra
Slide 11: Our sustainability achievements
Our sustainability achievements OUR OUR PEOPLE OUR ENVIRONMENT BUSINESS PRACTICES & COMMUNITIES • Zero incidents of corruption • Scrap rate of 1% on fibre • 19,184 learning hours and significant non-compliance cable issued, within target of • No incidents of with laws and regulations 2.5% discrimina
Slide 12: Priorities for FY26
Priorities for FY26 To drive sustainable growth, resilient cash flows, and long-term value creation for our unitholders • Grow NBAP and segment connections to support Smart Nation initiatives, enterprise digitalisation, and data centre connectivity with reliable and cost-effective Growth and fibre s
Slide 13: Thank you
Thank you