Keppel Infrastructure Trust · SGX:A7RU
Keppel Infrastructure Trust — Non-Deal Roadshow (2026)
33 slides from Keppel Infrastructure Trust's roadshow presentation, 2026
Slide 1: UBS-KIT NDR
= KEPPEL ie. | INFRASTRUCTURE TRUST
Slide 2: Important Notice
Important Notice The information contained in this presentation is for information purposes only and does not constitute or form part of, and should not be construed as, any offer or invitation to sell or issue or any solicitation of any offer or invitation to purchase or subscribe for any units in
Slide 3: Agenda and Awards for Excellence
Agenda Awarded for Excellence Highest Return to Shareholders Overview & Strategy P. 4 over Three Years Track Record of Growth & Value Creation P. 9 Financial Highlights P. 14 Overall sector winner in Basic Materials Category Outlook P. 26 Singapore-Australia Business Alliance Award Awards and Accred
Slide 4: Overview & Strategy
Overview & Strategy Keppel Marina East Desalination Plant (KMEDP)
Slide 5: Largest SGX-listed Infrastructure Business Trust
Overview & Strategy Largest SGX-listed Infrastructure Business Trust1 Investment in essential infrastructure in global developed markets MISSION Essential Businesses and Assets NORWAY & ASSETS UNDER MANAGEMENT3 UK SWEDEN Sole producer and retailer of piped town gas in Delivering value to Transition
Slide 6: Largest SGX-listed Infrastructure Business Trust
Overview & Strategy Largest SGX-listed Infrastructure Business Trust1 Providing exposure to the resilient and growing global infrastructure sector S$9.1 bn AUM 15 Essential >10 mature economies Portfolio of scale providing global businesses and assets Focused on investment grade jurisdictions with w
Slide 7: Strong Capabilities in Key Infrastructure Verticals in Developed Markets
Overview & Strategy Strong Capabilities in Key Infrastructure Verticals in Developed Markets Positioned to capture long term demand driven by secular trends Strategy Secular Trends Essential Infrastructure Energy Transition & Climate Change 1 Focus on essential infrastructure assets and 1 Decarbonis
Slide 8: Strategies For Sustained Earnings
Overview & Strategy Strategies For Sustained Earnings Execute business priorities to achieve long term value to Unitholders Disciplined investment and capital recycling to build a resilient portfolio Invest-divest-reinvest approach with discipline to build a resilient portfolio of essential assets a
Slide 9: Track Record of Growth & Value Creation
Track Record of Growth & Value Creation City Energy
Slide 10: Delivering Consistent Growth and Attractive Returns Across Cycles
Track Record of Growth & Value Creation Delivering Consistent Growth and Attractive Returns Across Cycles Gross Revenue (S$ mn) FFO (S$ mn) FFO by Segment (S$ mn) Energy Transition 2,277 326 283 2,214 278 Environmental 2,006 2,036 256 Services 199 232 326 Distribution & Storage mn 1,575 (103) Digita
Slide 11: Disciplined Investment and Value Creation Track Record
Track Record of Growth & Value Creation Disciplined Investment and Value Creation Track Record Enhanced portfolio constitution for growth and resilience post 2019 KIT Reported DI1 Value Creation Track Record (S$ mn) City Energy, an evergreen Achieved growth in distributable income and stronger busin
Slide 12: Strengthening Our Australian Platforms
Track Record of Growth & Value Creation Strengthening Our Australian Platforms Building Scale Through Strategic Bolt-on Acquisitions OUR INVESTMENT PHILOSOPHY & OPERATING CAPABILITY LONG-TERM GROWTH: We invest in essential infrastructure assets and businesses in APAC and Europe that provide stable c
Slide 13: Long term Value Creation Initiatives Across the KIT Portfolio
Track Record of Growth & Value Creation Long term Value Creation Initiatives Across the KIT Portfolio Driving the growth of businesses through customer-led solutions Strengthen market-leading position in core Drive market share increase in business of Manufactured and Traded residential water he
Slide 14: Financial Highlights
Financial Highlights Keppel Marina East Desalination Plant (KMEDP)
Slide 15: FY 2025 Achievements
FY 2025 Highlights FY 2025 Achievements Strong performance supported by steady portfolio performance and disciplined capital recycling strategy Highest Return to Shareholders over Three Years DI S$249.5 mn Overall sector winner in Basic Materials Category Significant commitment to Australia’s Distri
Slide 16: Distribution Details
FY 2025 Highlights Distribution Details DPU of 1.97 cents for 2H 2025, FY 2025 DPU stable at 3.94 cents Increase in Distributable Income Stable Distribution Per Unit (S$ mn) (S cents) Ex-Date 250 3.94 10 February 2026 3.90 +24% 49 201 201 Record Date 11 February 2026 FY 2024 FY 2025 FY 2024 FY 2025
Slide 17: Energy Transition, Environmental Services, Distribution & Storage
FY 2025 Highlights Energy Transition Environmental Services Distribution & Storage Diversified portfolio of gas, renewables & Cashflow visibility from waste & water assets Stable and predictable earnings from critical transition energy assets supported by take-or-pay contracts and essential infrastr
Slide 18: Digital Infrastructure
FY 2025 Highlights Digital Infrastructure Stable contracted base with incremental growth from fleet expansion High Barriers to Entry GMG Positioning Maintenance Installation Vessel standby and recurring Regional short-haul repair activities installation projects Full-service solution with 6 Signific
Slide 19: 1Q 2026 Highlights
1Q 2026 Business Updates 1Q 2026 Highlights Delivered 18% growth y-o-y in underlying distribution income; secured FY 2026 refinancing ahead of maturity Distributable Income (DI) Prudent Capital Management Capital Recycling Delivering Value DI ex. Divestment Gain Successfully secured Deployment of >8
Slide 20: 1Q 2026 Segment Results
1Q 2026 Business Updates Digital Energy Transition Environmental Services Distribution & Storage Infrastructure Diversified portfolio of gas, renewables & Cashflow visibility from waste & water assets Stable and predictable earnings from critical Growth driven by accelerating transition energy asset
Slide 21: Proposed Follow-on Acquisition of KMC Interest
1Q 2026 Business Updates Proposed Follow-on Acquisition of KMC Interest Positioned to deliver value to KIT and its Unitholders 1 Increase ownership in an existing asset with strong operating track record Strong and stable cash flow generation underpinned by robust long-term 2 contracts with well-mit
Slide 22: Group Balance Sheet
Financials and Capital Management Group Balance Sheet S$ mn 31 Mar 2026 31 Dec 2025 Debt Profile by Currency and Type Cash 568 719 9.9% 11.0% Borrowings 3,205 3,194 35.0% 14.0% Net Debt 2,637 2,475 S$3.2 bn S$3.2 bn Total Assets 6,299 6,402 53.2% 75.0% 1.9% Total Liabilities 4,514 4,503 SGD EUR AUD
Slide 23: FY 2026 Refinancing Secured
Financials and Capital Management FY 2026 Refinancing Secured Capital Management Priorities Debt Maturity Profile as at 31 March 2026 (S$ mn) Cash Flow Growth Secured funding 1 Drive revenue growth and operational cost savings, thereby for year-end 1,050 961 increasing cash flow maturities 11% 7% Li
Slide 24: FY 2025 ESG Highlights
Sustainability FY 2025 ESG Highlights EMISSIONS REDUCTION TARGET RENEWABLE ENERGY UNDERSTANDING NATURE RISKS Net Zero 1.3 GW Nature and Biodiversity Net zero Scope 1 and 2 greenhouse In 2025, the Trustee-Manager Completed an analysis of nature gas (GHG) emissions by 2050. continued to maintain a ren
Slide 25: Outlook
Outlook Keppel Merlimau Cogen Plant (KMC)
Slide 26: Portfolio Cash Flow Resilience Amid Ongoing Middle East Conflict
Outlook Portfolio Cash Flow Resilience Amid Ongoing Middle East Conflict Closely monitoring developments for potential second-order effects Direct exposure to the Middle East is limited Most assets located outside Middle East › Most assets are located outside of the region and there is no disruption
Slide 27: Key Business Priorities
Outlook Key Business Priorities Execute business priorities to achieve long term value to Unitholders BUSINESS STRATEGY OBJECTIVES PROGRESS / PLANS ▪ Focus on assets and businesses in Energy ▪ Update - further deployment of the divestment Disciplined Investment and proceeds from Philippine Coastal a
Slide 28: Glossary
Additional Slides Glossary All numbers presented are as of 31 March 2026 and are based on FX rates as of 31 March 2026, unless otherwise stated. The financial statements for KIT are primarily prepared on a historical cost basis in accordance with the SFRS(I) accounting standards. Accounting Entities
Slide 29: Thank You
THANK YOU For enquiries, please contact: KIT Investor Relations Email: investor.relations@kepinfratrust.com Follow KIT on LinkedIn to receive updates on the company www.kepinfratrust.com Senoko Waste-to-Energy Plant
Slide 30: Additional Slides
Additional Slides Portfolio Overview
Slide 31: Energy Transition
Additional Slides Portfolio Overview (31 March 2026) Total Assets1 Description Customer Revenue model (S$’m) Sole producer and retailer of piped town More than 910,000 residential, Fixed margin per unit of gas sold, City Energy gas; expanded into LPG business, as commercial and industrial with fuel
Slide 32: Environmental Services
Additional Slides Portfolio Overview (31 March 2026) Total Assets1 Description Customer Revenue model (S$’m) Senoko Waste-to- Waste-to-energy plant with 2,310 NEA (National Environment Fixed payments for availability of Energy (WTE) Plant tonnes/day waste incineration Agency, Singapore) - concession
Slide 33: Distribution & Storage
Additional Slides Portfolio Overview (31 March 2026) Total Assets1 Description Customer Revenue model (S$’m) Manufacturer, importer and distributor of Over 17,000 business and Distribution & Ixom Predictable margins from manufactured water treatment, industrial and specialty municipal customers, and
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