Slide 1: Investor Presentation: 2Q26 Results & Strategy Update
BURSA MALAYSIA MAIN MARKET · GDEX Investor Presentation GDEX Berhad 2Q26 Results & Strategy Update SEP 2026
Slide 2: Disclaimer
IMPORTANT NOTICE Disclaimer The information contained in this Presentation is provided as at Accordingly, the Company makes no representation (whether the date of this document and is subject to change without notice. expressed or implied) as to, and no reliance should be placed on, This Presentatio
Slide 3: Two businesses, one customer base
INVESTMENT CASE Two businesses, one customer base A national delivery network and a digital services arm selling into it – cash-generative, self-funded, priced before the recovery Ecosystem Autohub FY26 ASEAN RM200.9 mil I N T E G R AT E D O P E R AT I N G L E V E R AG E T E C H N O L O G Y E AR N I
Slide 4: A premium logistics network with a technology engine attached
BUSINESS MODEL A premium logistics network with a technology engine attached Integrated delivery and digital solutions raise switching costs — and lift revenue per customer. Logistics IN-HOUSE OPERATIONS Technology IN-HOUSE + PARTNERS CROSS- RM347.4 mil SELLING One customer, two RM67.4 mil FY25 reve
Slide 5: Premium B2B focus — more yield from every parcel
LOGISTICS SEGMENT Premium B2B focus — more yield from every parcel Malaysia — the cash-generating backbone, on capacity already paid for. Malaysia Vietnam Indonesia Subsidiary (Equity stake: 100.0%) Subsidiary (50.0%) Associate (44.5%) FY25 REVENUE FY25 REVENUE FY25 REVENUE RM347.4 mil RM35.9 mil RM
Slide 6: GD Xchange — the growth engine turning earnings-positive
TECHNOLOGY SEGMENT GD Xchange — the growth engine turning earnings-positive Recurring digital revenue that scales without heavy capital. Xilnex 38.0% 100.0% Subsidiary Point-of-sales solutions FY25 revenue RM33.7 mil A U T H O R I S E D R E S E L L E R ( with certified specialists to provide ongoing
Slide 7: The 2026 plan is to set GD Xchange model to a high growth model
OUTLOOK The 2026 plan is to set GD Xchange model to a high growth model Logistics Technology Group Increase sales to the B2B segment, GD Xchange – Accelerate enterprise Develop AI-proficient leaders and teams especially to businesses which require sales pipeline and build a team of to drive operatio
Slide 8: Revenue growing again — margin recovery is the next step
FINANCIAL PERFORMANCE Revenue growing again — margin recovery is the next step Annual P&L Quarterly P&L RM mil RM mil FY25 Revenue 419.2 416.3 Revenue 111.3 ▪ Marginal dip in revenue on 383.5 397.2 101.3 105.3 100.5 drag at the Vietnam 98.2 subsidiary. ▪ LATMI narrowed on lower tax expense. 2Q26 FY2
Slide 9: Segmental earnings
2Q26 YoY Performance Segmental earnings Revenue Profit before tax Logistics RM mil RM mil ▪ Revenue increased 3.4% YoY despite the US–Iran war as domestic consumption spending remained resilient. 85.6 82.8 ▪ PBT improved YoY on tighter cost optimisation measures. 1.7 0.2 IT (0.6) ▪ Revenue fell 3.9%
Slide 10: Malaysia compounding, with ASEAN optionality on top
GEOGRAPHICAL BREAKDOWN Malaysia compounding, with ASEAN optionality on top FY24 FY25 YoY 2Q25 2Q26 YoY (RM mil) (RM mil) (RM mil) (RM mil) Malaysia 364.0 377.7 +3.8% 88.8 93.7 +5.6% Vietnam 53.6 35.9 (33.0%) 8.8 6.5 (76.3%) Singapore 1.5 2.2 +44.6% 0.1 0.1 (25.6%) Total reported 419.2 416.3 (0.7%) 9
Slide 11: Cash-rich and self-funded — RM200.9 mil net cash
CASH FLOW & BALANCE SHEET Cash-rich and self-funded — RM200.9 mil net cash Free cash flow (FCF) Net cash position at period end RM mil RM mil 35.3 212.2 207.7 200.9 187.9 197.2 23.0 11.4 13.3 4.0 FY22 FY23 FY24 FY25 1H26 FY22 FY23 FY24 FY25 1H26 RM13.3 mil RM200.9 mil Free cash flow positive every y
Slide 12: Thank you
Thank you Questions and discussion Investor Relations Lee Yen Ling leeyl@r3-advisory.com