Allianz Malaysia Bhd. · MYX:ALLIANZ
Allianz Malaysia Bhd — Shareholder Meeting (June 2026)
31 slides from Allianz Malaysia Bhd's shareholder meeting presentation, Jun 16, 2026
Slide 1: 52nd Annual General Meeting
52nd Annual General Meeting Allianz Malaysia Berhad 197201000819 (12428-W) Tuesday, 16 June 2026
Slide 2: Content / topics
Content / topics 1 25th Anniversary Milestones 2 Group Performance 3 General Business 4 Life Business 5 Overview of Q1 2026 Results 6 Embedding Sustainability into our Business 2
Slide 3: Allianz Malaysia | 25th Anniversary Milestones
Allianz Malaysia | 25th Anniversary Milestones Interim 2025 Allianz officially started in Malaysia in 2001, Measures for become the controlling shareholder of Allianz De-tariff MHIT 2024 General Insurance Malaysia Berhad (“AGIM”) Phase 2A GWP Market Ranking 2022 Dec 2021 General ~400mn #3 COVID-19 F
Slide 4: Content / topics
Content / topics 1 25th Anniversary Milestones 2 Group Performance 3 General Business 4 Life Business 5 Overview of Q1 2026 Results 6 Embedding Sustainability into our Business 4
Slide 5: Malaysia insurance market is under penetrated
GROUP PERFORMANCE Malaysia insurance market is under penetrated Malaysian Conventional Insurance Industry 19 40,365 1 1.4% 2 +4.8% 3 +5.2% 5 General insurers General agents Insurance penetration GWP GROWTH 2025 GDP GROWTH 2025 (% of GDP) (2024 +7.5%) (2024 +5.1%) +4.0% to 14 74,097 1 3.3% 2 +0.7% 4
Slide 6: Sound fundamental business to overcome the challenges
GROUP PERFORMANCE Sound fundamental business to overcome the challenges FY 2025 RM 7.69bn RM 6.24bn RM 1.17bn +6.1% (2024 +10.7%) +10.4% (2024 +14.4%) +15.9% (2024 +5.1%) GWP Insurance revenue Profit before tax ALIM RM 544.8mn +13.0% AGIC RM 624.7mn +16.1% Investment holding RM (3.9mn) +73.1% RM 30.
Slide 7: Driving growth through two pillars of businesses
GROUP PERFORMANCE Driving growth through two pillars of businesses: market leadership in general insurance and expansion in life insurance Gross Written Premium (GWP) (RM’ mil) 4-yr CAGR +7.8% +6.1% 7,690 7,245 6,547 Allianz Life achieved top 4 5,690 6,022 position in ANP, with 11.0% 4,011 Allianz L
Slide 8: Strong and resilient business portfolio supporting robust Group performance
GROUP PERFORMANCE Strong and resilient business portfolio supporting robust Group performance Profit before Tax (RM’ mil) 4-yr CAGR +15.9% Maintain strong discipline in +16.8% pricing & prudent expense management 1,166 957 1,005 Allianz Life 874 13.0% y-o-y growth 545 1 Deliver healthy and sustainab
Slide 9: Delivering higher profit through strong insurance growth
GROUP PERFORMANCE Delivering higher profit through strong insurance growth Profit After Tax (RM’ mil) PAT drivers (RM’ mil) +24.4% +24.4% 113 114 961 7 6 959 959 68 17 771 771 543 Allianz Life 430 26.6% y-o-y growth 12M 24 General General… Life Investment … Investment 12M 25 Insurance Insurance Hold
Slide 10: Declared dividend for financial year 2025 with RM339 mil paid
GROUP PERFORMANCE Declared dividend for financial year 2025 with RM339 mil paid 2023 20243 2025 Dividend Per Share (RM sen) Dividend Yield1 5.9% 5.1% 4.9% 4-yr CAGR +9.1% Payout Ratio 52.2% 44.1% 39.3%4 2025 Interim Dividend declared and paid on 13 February 2026 (~ RM 339 mil) Ordinary Share (a) 89.
Slide 11: Content / topics
Content / topics 1 25th Anniversary Milestones 2 Group Performance 3 General Business 4 Life Business 5 Overview of Q1 2026 Results 6 Embedding Sustainability into our Business 11
Slide 12: Allianz General: maintaining market leadership
GENERAL BUSINESS Allianz General: maintaining market leadership KPIs ALLIANZ GENERAL1 Industry1 12M 2025 12M 2025 GWP growth 7.8% 4.8% Market Share (12M 2025)2 15.2% Market Rank (12M 2025)1 1 Notes: 1) Source: ISM Market Performance Report Jan-Dec 2025 (General Insurance) – GWP growth is different a
Slide 13: General Business: good sales momentum driven by motor
GENERAL BUSINESS General Business: good sales momentum driven by motor with higher GWP growth Gross Written Premium (GWP) (RM’ mil) Distribution Channel & Portfolio Mix Telemarketing 1.9% 2025 GI Industry Growth +4.8% Agent 57.8% +7.6% Broker 9.6% Banca 1.7% Franchise 29.0% Fire Marine 12.2% 1.7% 3,
Slide 14: General Business: higher PBT due to better claims experience
GENERAL BUSINESS General Business: higher PBT due to better claims experience and higher net insurance and investment results Profit Before Tax (RM’ mil) PBT Drivers (RM’ mil) 92 34 625 538 (39) +16.1% 625 538 12M 24 Insurance… Insurance Net Others Others 12M 25 12M 24 service investment Net… 12M 25
Slide 15: General Business: better combined ratio due to lower claims ratio
GENERAL BUSINESS General Business: better combined ratio due to lower claims ratio Combined Ratio -0.9 pts Discounting impact -2.9% Discounting impact -2.6% 90.1% 89.3% 88.7% 88.8% 88.0% 88.8% 89.1% 87.9% 87.0% 85.8% 24.1% 24.9% 24.6% 27.8% 25.4% 25.5% 25.4% 28.5% 25.6% 22.8% 62.9% 65.2% 64.7% 60.9%
Slide 16: General Business Strategic Execution
GENERAL BUSINESS General Business Strategic Execution 7 1 Process Optimization Strategic Growth Leverage on digital capabilities to streamline • Steer towards profitable segments while operations, enhancing overall process efficiency and maintaining market leadership productivity • Continue to refin
Slide 17: Content / topics
Content / topics 1 25th Anniversary Milestones 2 Group Performance 3 General Business 4 Life Business 5 Overview of Q1 2026 Results 6 Embedding Sustainability into our Business 17
Slide 18: Allianz Life: resilient growth outperforming the industry
LIFE BUSINESS Allianz Life: resilient growth outperforming the industry KPIs ALLIANZ LIFE Industry 12M 2025 12M 2025 ANP growth 6.0% 0.7% Market Share (12M 2025) 11.0% Market Rank (12M 2025) 4 Source: ISM Market Performance Report Jan-Dec 2025 (Life Insurance) © Copyright Allianz Malaysia Berhad 18
Slide 19: Life Business: strong GWP growth driven by single and recurring premium
LIFE BUSINESS Life Business: strong GWP growth driven by single premium and recurring premium Gross Written Premium (GWP) (RM’ mil) GWP Mix & Growth (%) (12M 2025) Mix Single Premium 14.8% +4.9% Total 4,011 3,825 4,011 Recurring Premium 85.2% 3,272 3,419 Growth 553 592 7.0% 2024 2025 4.5% Single Pre
Slide 20: Life Business: growth in ANP across all key distribution channels
LIFE BUSINESS Life Business: growth in ANP contributed by all key distribution channels, outperforming the industry Annualised New Premiums (ANP) (RM’ mil) ANP Channel Mix (%) (12M 2025) +6.0% 924 872 53 46 Bancassurance/ Direct Marketing 298 32.3% 274 Growth +9.1% Total 924 Agency 552 573 62.0% Gro
Slide 21: Life Business delivered higher profit
LIFE BUSINESS Life Business delivered higher profit Profit Before Tax (RM’ mil) +13.0% • Focus on healthy and sustainable margins supported by disciplined pricing methodologies and sound risk management. 221 545 • Focus on writing more investment-linked 482 protection products with protection riders
Slide 22: Life Business: Contractual Service Margin growth solid at 5.3%
LIFE BUSINESS Life Business: Contractual Service Margin (“CSM”) growth solid at 5.3% Contractual Service Margin (RM’ mil) 1 +5.3% 1 170 25 CSM (net) 2,465 Reinsurance 160 501 Non-attributable cost 322 Tax 778 3,725 CSM (gross) 3,725 3,539 (510) 2 VNB (12M 25) 396 + Non-attributable Cost 108 - Scope
Slide 23: Life Business Lifting Ambition
LIFE BUSINESS Life Business Lifting Ambition 1 4 Market Share Outperformance Operational Efficiency & Digital Enablement Outpaced industry growth across all key ▪ Automation & Artificial Intelligence enablement. channels. ▪ Smart Claims Processing. UE DRIVERS ▪ Allianz360. AL V 2 Distribution Transf
Slide 24: Base Medical and Health Insurance/Takaful: Healthcare Reform and Growth Opportunity
LIFE BUSINESS Base Medical and Health Insurance/Takaful (MHIT): Healthcare Reform and Growth Opportunity Industry Reform What is Base MHIT? A standardised medical protection plan with controlled pricing designed Base MHIT forms part of Bank Negara to improve affordability and expand access to privat
Slide 25: Base MHIT: Expanding Customer Reach and Protection Coverage
LIFE BUSINESS Base Medical and Health Insurance/Takaful (MHIT): Expanding Customer Reach and Protection Coverage Positioning Base MHIT as an essential protection layer that expand access to healthcare protection while complementing existing medical offerings One Allianz Distribution Platform Worksit
Slide 26: Content / topics
Content / topics 1 25th Anniversary Milestones 2 Group Performance 3 General Business 4 Life Business 5 Overview of Q1 2026 Results 6 Embedding Sustainability into our Business 26
Slide 27: Financial Highlights 3M 2026
OVERVIEW OF Q1 2026 RESULTS Financial Highlights 3M 2026 Group General Insurance Life Insurance Investment Holding Investment Holding Gross Written Premium (RM’mil) 2,285 (+13.7%) 1,064 (+8.8%) 1,221 (+18.4%) Insurance Revenue (RM’mil) 1,631 (+6.7%) 918 (+6.5%) 713 (+7.0%) Profit Before Tax (RM’mil)
Slide 28: Financial Overview
OVERVIEW OF Q1 2026 RESULTS Financial Overview 2 Year CAGR RM’mil 2023 2024 2025 3M 2025 3M 2026 (2023 – 2025) Gross Written Premiums 6,547 7,245 7,690 8.4% 2,009 2,285 CSM Release 433 487 510 8.5% 122 130 Expense Ratio (Non Life)1 26.3% 25.4% 25.6% (0.7 pts) 22.8% 25.0% Expense Ratio (Life)2 12.1%
Slide 29: Content / topics
Content / topics 1 25th Anniversary Milestones 2 Group Performance 3 General Business 4 Life Business 5 Overview of Q1 2026 Results 6 Embedding Sustainability into our Business 29
Slide 30: Our key sustainability progress & efforts in 2025
EMBEDDING SUSTAINABILITY INTO OUR BUSINESS Our key sustainability progress & efforts in 2025 LIVEABLE PLANET RESILIENT SOCIETY RESPONSIBLE BUSINESS 100 % Scope 2 GHG Emissions Achieved Great Place to Work® First time adoption of the IFRS offset with the purchase of certification for the S1 & S2 Sust
Slide 31: © Copyright Allianz Malaysia Berhad
© Copyright Allianz Malaysia Berhad 31 31
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