Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — Shareholder Meeting (May 2025)
40 slides from Carlsberg Brewery Malaysia Bhd's shareholder meeting presentation, May 7, 2025
Slide 1: 55th Annual General Meeting
CARLSBERG BREWERY MALAYSIA BERHAD 55th ANNUAL GENERAL MEETING 7 May 2025 DORSETT GRAND SUBANG 1
Slide 2: Financial Performance & Operational Review
FINANCIAL PERFORMANCE & OPERATIONAL REVIEW MANAGING DIRECTOR STEFANO CLINI 5
Slide 3: Management Team
MANAGEMENT TEAM 6
Slide 4: Raising the Bar in Integrated Reporting
Raising the Bar in Integrated Reporting: Value-Creation Discussion and Climate-Related Risk & Opportunities with financial disclosures 2023 2024 1. More concise strategy reporting, greater consistency with 2021 comparable data; 2. Highlighted value creation for shareholders; 3. Attempted TCFD transi
Slide 5: Key Financial Highlights
KEY FINANCIAL Highlights
Slide 6: Delivered Higher Top-line & Record Bottom-line for FY24
Delivered Higher Top-line & Record Bottom-line for FY24 9
Slide 7: Key Financial Metrics Ahead of Pre-Covid
Key Financial Metrics Ahead of Pre-Covid REVENUE (RM MILLION) PROFIT FROM OPERATIONS (RM MILLION) 2,257 2,412 2,261 2,376 425 399 416 1,785 1,773 375 247 200 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 NET PROFIT (RM MILLION) DIVIDEND YIELD (%) 317 327 337 4.8 4.6 4.5 291 3.5 201 2.5
Slide 8: Proposed Final Dividend of 35 sen
Proposed Final Dividend of 35 sen Q4FY24 Q4FY23 FY24 FY23 EARNINGS PER SHARE 25.77 sen 25.52 sen 110.25 sen 107.03 sen 35 sen* DIVIDEND PER SHARE 31 sen 100 sen 93 sen PAYOUT RATIO 136% 121% 91% 87% * Equivalent to a total payout of RM 107 million 11
Slide 9: FY24: Strategy Review
FY24: Strategy Review Launched in February 2024, Accelerate SAIL sets high ambitions for top- and bottom-line growth as we sharpen our focus on selected growth drivers within our portfolio and capabilities, for which we are ensuring sufficient investments and support. We are also improving supply ch
Slide 10: Our Portfolio Choices
Scan for the full portfolio of } Brews We Love. PORTFOLIO MAINSTREAM CORE BEER PREMIUM BEER ALCOHOL-FREE BREW CHOICES +7%* -7%* +17%* see yoron yo * erlsbery CONNOR'S Jing-A WuSu Tuborg —-1664 BRUT 1664 Carlsberg Carlsberg Carlsberg Sapporo Connor's Somersby Somersby SKOL Royal Stout Day Doy Up ER S
Slide 11: Accelerate SAIL: Portfolio Choices
F Brought to if t Bazaar in Klang stores and ARTIST EDITION Srl Sree Brewing Prosperity Together with cur consumers caoss all F Celeb ‘pated in ‘Drumming Prose ° channals in Malaysia and Singapore, prizes lk.o Mahjong set a Si wkar’s Appreciation Day by heading down wher conires to show our support,
Slide 12: Accelerate SAIL: Portfolio Choices
y wEé yf J ACCELERATE KEBANGGAAN_ Y; iv Ww PORTFOLIO CHOICES Accelerate premium beer and AFB Strengthen mainstream core bee! Step up in Beyond Beer Gite 5 Malaysia
Slide 13: Accelerate SAIL: Portfolio Choices
ACCELERATE py SAIL Vi v PORTFOLIO CHOICES Accelerate premium beer and AFB Strengthen mainstream core beer, Step up in Beyond Beer
Slide 14: Portfolio Choices
PORTFOLIO CHOICES Accelerate premium beer and AFB . 4 Strengthen mainstream core beer, Step up in Beyond Beer Gites Malaysia
Slide 15: Portfolio Choices: Smooth Draught
SAIL Vi v PORTFOLIO CHOICES Accelerate premium beer and AFB Strengthen mainstream core beer, Beyond Beer ACCELERATE = Kin = SMOOTH DRAUGHT
Slide 16: Accelerate: Carlsberg Golf Classic
ACCELERATE SAIL 7 ion, | << PORTFOLIO CHOICES Accelerate premium beer and AFB Strengthen mainstream core bee! Step up in Beyond Beer i ml = at : a % Coilsberg Golf Classic (CGC) 2024 edition raised the bar with %F Over 3600 golfers from 32 participating clubs, celebrated —%® Molaysi's largest and lo
Slide 17: SAIL: Discover the New Side of Blue
SAIL py P 004 “obs = Tu om Ww PORTFOLIO CHOICES vy DISCOVER THE NEW SIDE OF BLU Accelerate premium beer and AFB. Strengthen mainstream core beer ¥ Step up in Beyond Beer
Slide 18: SAIL: Make Celebrations Extraordinary
SAIL MAKE CELEBRATIONS Tu EXTRAORDINARY Ww —_———- PORTFOLIO Bic & CHOICES Accelerate premium beer and AFB. ACCELERATE / py Strengthen mainstream core beer ¥ Step up in Beyond Beer Gites Malaysia
Slide 19: Connor's
le CONNOR'S (PR ACCELERATE py SAIL Viiv PORTFOLIO CHOICES Accelerate premium beer and AFB. Strengthen mainstream core beer ¥ Step up in Beyond Beer
Slide 20: Discover the New Rising Star
DISCOVER THE NEW RISING STAR ACCELERATE py SAIL s 6 Vv PORTFOLIO CHOICES Accelerate premium beer and AFB. Strengthen mainstream core beer ¥ Step up in Beyond Beer
Slide 21: Portfolio Choices: Somersby
PORTFOLIO CHOICES SOMERSBY : : * Strengthen mainstream core beer ¥ Step up in Beyond Beer limited-odition Mandarin Orange 0.0 in Mateysia, perfect for New Year gift featuring both Somersby Mandarin Orange Chinese New Yeor celebrations. 0.0 and Ape 0.0. Gites Malaysia
Slide 22: Somersby
SOMERSBY g we PORTFOLIO CHOICES Accelerate premium beer and AFB ee | Eee | ¥ te Strengthen Prenton Cio, Premiers : mainstream core beer prc oo Step up in Beyond Beer Introduced Aso's first the limited-edition Somersby Pineapple & Lime cider in Malaysia, o unique tropical blond ' Threernotionwde acti
Slide 23: Awards and Recognitions
26 AWARDS AND RECOGNITIONS Patra Brand Awards x Putra Aria Brand Awards PUTRA MIAND AWARDS * oe AP Grisbet'g Ga. sy € SOMERSBY ve CONNOR'S STOUT PORTER Catsbera celebrated an impressive Somersby Cider proudly took 1664 secured the Connor's secured the achievement by securing the home the Silver Awar
Slide 24: Awards and Recognitions
AWARDS AND RECOGNITIONS ¥ FairPrice Partners Excellence Awards 2024 Preferred Business Partner of the Year Award We are honoured to be the one and only winner ¥ ta of FairPrice Group's | Preferred Business (ss: i} Partner of the Year Sms. = Award 2024, marking our i PREFERRED © second consecutive wi
Slide 25: Awards and Recognitions
AWARDS AND RECOGNITIONS ¥ ¥ ?-Eleven Best Imported Beer Category Superbrands 2024 1664 Blanc awarded as one of the Most ‘We have been awarded Superbrands Status as one of the most outstanding brands in our field. The 2024 Singapore's Choice’ award logo is by invitation only and confirms the brand's
Slide 26: Implemented Image Recognition to Improve FIT Score
Implemented Image Recognition to Improve FIT Score Drive growth through focused execution, consumer-led innovation, and FIT excellence Amplify brand impact with data-driven digital marketing and AI-powered in-store insights 29
Slide 27: Fully-embedded OnePlan in 2024
Fully-embedded OnePlan in 2024 OnePlan is a new-generation planning tool that integrates all aspects of supply chain Benefits of ✓ Time reduction in data analytics ✓ Improved insights How OnePlan looks like.. ✓ Better data collection ✓ Enhanced Risk Management 30
Slide 28: Completed Our RM200 Million Brewery Transformation
Completed Our RM200 Million Brewery Transformation Capex investment over 3 years (2022-2024) Unveiled state-of-the-art bottling & canning lines alongside with high-precision filtration system This investment enhances 01 Production Capacity 02 Improve Efficiency 03 Reduce Energy & Water Stefano Clini
Slide 29: Growth Culture
BREWING FOR A BET TER TODAY AND TOMORROW Empowering People and Culture to Drive Sustainable Growth SEMPER ARDENS GROWTH POSITIVE ENERGY AND CULTURE COMPASSION PASSION FOR CONSUMER DECIDE FAST AND DELIVER WITH EXCELLENCE EMPOWER, SUPPORT, AND GROW OUR PEOPLE 32
Slide 30: Empowering Well-being with the Employee Assistance Programme
Empowering Well-being with the Employee Assistance Programme Launched confidential counselling in Malaysia to support employees and families with personal and work-related challenges MY VOICE 2024 Fostered psychological safety through MyVoice Forums and inclusive well-being initiatives 33
Slide 31: FY24: Improved Gender Diversity in Both Countries
FY24: Improved Gender Diversity in Both Countries 34
Slide 32: FY24: ESG – Beyond Compliance to Value Creation
FY24: ESG – Beyond Compliance to Value Creation
Slide 33: Reductions in water and heat usage
-18% -21% -38% -18% water usage heat usage -26% water usage heat usage water usage Bottling line Canning line Filtration Plant 36 as of December 2024
Slide 34: Iconic 1664 blue bottles returnable scheme
95% collection and recycling rate of Iconic 1664 blue returnable bottles in 2024 bottles included in our returnable bottle scheme across Peninsular Malaysia since Nov’24 37
Slide 35: Consumer Reach and responsible drinking
Consumer Reach #CR Distributor Roll-out & Alcohol-Free Brew Sampling Sponsorship 93% of distributors +38% in consumer reach; Promote responsible pledged support Somersby Apple 0.0 drinking available for sampling 38
Slide 36: Zero fatalities, one work-related injury
0 fatalities but 1 work-related injury Malaysia: 62 days of ZERO Lost-Time Accidents Singapore: 1,533 days of ZERO Lost-Time Accidents 39
Slide 37: MSCI ESG Ratings and FTSE4Good ESG Score
MSCI ESG Ratings Driven by improved corporate governance score +0.1pts at 6.8 (6.7 FY23) MSCI ESG Ratings maintained at AA Categorised as ‘Leader’ among 83 global beverage companies FTSE4Good ESG Score Improvement in overall percentile rank to 52 from 66 for Food and Beverage Sector FTSE4Good ESG Sc
Slide 38: Building a Culture of Integrity
Building a Culture of Integrity through Engagement and Awareness Speak Up Campaign LIVE BY OUR COMPASS Increasing awareness of ethical practices and encouraging employees and third parties to report concerns. Compliance Carnival Create awareness of key compliance topics, including anti-bribery measu
Slide 39: 2025 Outlook
2025 Outlook ➢ The Group will navigate the challenging macroeconomic environment marked by: o Continued inflationary pressures; o High interest rates; o Currency fluctuations; and o External headwinds such as the recent US tariff measures ➢ The Group is also mindful of the shorter Chinese New Year s
Slide 40: Thank You
Gates Malaysia
Carlsberg Brewery Malaysia Berhad — Shareholder Meeting (May 2025) on 6ix