Fraser & Neave Holdings Bhd. · MYX:F&N
Fraser & Neave Holdings Bhd — Shareholder Meeting (February 2024)
49 slides from Fraser & Neave Holdings Bhd's shareholder meeting presentation, February 2024
Slide 1: Appendix A - CEO's Presentation, 62nd AGM
FO WARD TOGETHER Appendix A GN FRASER & NEAVE HOLDINGS BHD 62"0 ANNUAL GENERAL MEETING CHIEF EXECUTIVE OFFICER'S PRESENTATION
Slide 2: Important Notice
IMPORTANT NOTICE Certain statements in this Presentation constitute “forward-looking statements”, including forward-looking financial information. Such forward-looking statements and financial information involve known and unknown risks, uncertainties and other factors which may cause the actual res
Slide 3: Contents
CONTENTS Group Financial Highlights F&N Dairies Thailand Highlights F&N’s Integrated Dairy Farm in Gemas What’s New? 2024 Highlights
Slide 4: Watch the Year in Review Video
Click the below URL to watch the Year in Review Video. https://fn.com.my/investors/ar 2023/#Year_in_Review_Video
Slide 5: Group Financial Highlights
GN GROUP FINANCIAL HIGHLIGHTS FO WARD TOGETHER
Slide 6: FY2023 F&NHB Group Financial Highlights
FY2023 F&NHB GROUP FINANCIAL HIGHLIGHTS F&NHB Group achieved higher revenue (RM5 billion) and profit after tax (RM542 million), attributable to positive recovery across all markets, channel management strategies and contribution from Cocoaland. * Excluding one-off non-operating items i.e. fair value
Slide 7: FY2023 F&NHB Group Financial Performance
FY2023 F&NHB GROUP FINANCIAL PERFORMANCE Continued momentum in revenue and operating profit through the quarters * Adjusted +26.8% * Adjusted * Adjusted -1.3% * Adjusted +38.5% * Adjusted +16.1% +59.2% • Excluding one-off non-operating items i.e. fair value gain on remeasurement of Cocoaland (+RM89.
Slide 8: FY2023 Financial Performance - F&B Malaysia
FY2023 FINANCIAL PERFORMANCE - F&B MALAYSIA Strong double-digit growth in revenue and operating profit on the back of continuing sales momentum in domestic and export market, operational excellence and Cocoaland contribution. FY2023 v FY2022 Ø Revenue +17.9% • Continuing sales momentum in domestic m
Slide 9: FY2023 Financial Performance - F&B Thailand
FY2023 FINANCIAL PERFORMANCE - F&B THAILAND Maintained its market leadership in the sweetened condensed milk and evaporated milk categories FY2023 v FY2022 Ø Revenue +4.8% (+1.7% in THB) • Improved out-of-home consumption • Recovery in export markets • Full year impact on price adjustment exercise *
Slide 10: Proposed Final Dividend of 33.0 Sen and Special Dividend of 17.0 Sen
PROPOSED FINAL DIVIDEND OF 33.0 SEN AND SPECIAL DIVIDEND OF 17.0 SEN IN CONJUNCTION WITH 140TH ANNIVERSARY FY2023 FY2022 Change • Directors recommend a final single tier dividend of 33.0 sen per share (2022: 33.0 sen per share) Total equity 3,343.2 2,982.5 12.1% and an additional special single tier
Slide 11: F&N Dairies Thailand Highlights
F&N Dairies Thailand Highlights
Slide 12: FNDT at a Glance
FNDT AT A GLANCE Established in Thailand since February 2007 16,000++ 5 BRANDS IN MILLION BAHT CONDENSED MILK AND AS ANNUAL TURNOVER LIQUID MILK MARKETS 600+ PERMANENT STAFF 100% HALAL CERTIFIED PRODUCTS 2 PRODUCTION PLANTS – ROJANA PLANT FOR CANNED MILK AND WANGMUANG PLANT FOR LIQUID MILK OVER 168,
Slide 13: Condensed Milk Market Is Returning to Growth
FRASER & NEAVE HOLDINGS BHD Condensed Milk Market Is Returning to Growth Total Condensed Milk Sweetened Condensed Milk Unsweetened Condensed Milk Y2019 Y2020 Y2021 Y2022 Y2023 Y2019 Y2020 Y2021 Y2022 Y2023 Y2019 Y2020 Y2021 Y2022 Y2023 Condensed Milk Sweetened Unsweetened Source: Nielsen Retail Inde
Slide 14: FNDT is Number One in All Segments
FRASER & NEAVE HOLDINGS BHD FNDT is Number One in all segments Sweetened Condensed Milk Unsweetened Condensed Milk Total 39% 66% Condensed Milk 11% 19% Others Others Others Others FNDT Others Others FNDT FNDT FNDT FNDT FNDT Oct.’21-Sep.’22 Oct. ‘22-Sep.’23 Oct.’21-Sep.’22 Oct. ‘22-Sep.’23 Oct.’21-Se
Slide 15: FNDT Continues Driving Business Growth
FRASER & NEAVE HOLDINGS BHD FNDT Continues Driving Business Growth COVID-19 Y2019 Y2020 Y2021 Y2022 Y2023 Y2024 Y2025 Condensed Milk and Liquid Milk
Slide 16: Strengthening Our Footprints in Current Market
Strengthening Our Footprints in CURRENT MARKET 16
Slide 17: Wang Muang Plant Started Operation since June 2022
FRASER & NEAVE HOLDINGS BHD WANG MUANG Plant Started Operation since June 2022
Slide 18: Wang Muang Plant UHT and Pasteurised Liquid Milk Capabilities
FRASER & NEAVE HOLDINGS BHD WANG MUANG Plant Has Both UHT and Pasteurised Liquid Milk Products Manufacturing Capabilities
Slide 19: We Sell Over 1,000,000 Units a Month
FRASER & NEAVE HOLDINGS BHD Launched since 18 months ago, we SELL over 1,000,000 units a month Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. Act. DF DF DF Jun' 22 Jul'22 Aug'22 Sep'2 2 Oct'22 Nov'22 Dec' 22 Jan' 23 Feb'23 Mar' 23 Apr'23 May'23 Jun' 23 Jul'23 Aug'23 Sep'2
Slide 20: Bear Brand Continues to be Number One
FRASER & NEAVE HOLDINGS BHD BEAR BRAND Continues to be Number One
Slide 21: Carnation Continues to be Number One
FRASER & NEAVE HOLDINGS BHD CARNATION Continues to be Number One Strengthen Brand Love Loyalty Program via Expanding in-home among Operators “Rewards Campaign” consumption Synchronise at shopfront
Slide 22: Teapot - Strong Growth & Wide Product Range
FRASER & NEAVE HOLDINGS BHD TEAPOT – Strong Growth & Wide Product Range “Celebrate 15 Years Anniversary”
Slide 23: From Hawker Decoration to Hawker Connection
FRASER & NEAVE HOLDINGS BHD “From Hawker Decoration to Hawker Connection” 35,000++ Hawkers
Slide 24: Strengthening Our Footprints in New Market
Strengthening Our Footprints in NEW MARKET 24
Slide 25: FNDT Business in Cambodia
FRASER & NEAVE HOLDINGS BHD FNDT Business in CAMBODIA MAGNOLIA 2,000+ MB LEADING BRAND OF CONDENSED IS IN BOTH UTH & PASTEURIZED GSR PER Y2023 MILK IS TEAPOT LIQUID MILK Bear Brand Nestle returned to F&N by April’23
Slide 26: Teapot Sales Grown from 1 Million Cans to 45 Million Yearly
FRASER & NEAVE HOLDINGS BHD TEAPOT Sales Started Since Y2008 with 1 Million Cans And Now In Y2023, 45 Million Cans Are SOLD Yearly Launched TP SBC 2kg Launched TP SBC 2kg COVID-19 Launched TP Extra First TVC launched in 2014 Y0708 Y0809 Y0910 Y1011 Y1112 Y1213 Y1314 Y1415 Y1516 Y1617 Y1718 Y1819 Y19
Slide 27: Impact On-ground Activities and Brand Visibility
FRASER & NEAVE HOLDINGS BHD Impact On-ground Activities and Brand Visibility
Slide 28: FNDT's Exclusive Distribution Sales Team in Cambodia
FRASER & NEAVE HOLDINGS BHD FNDT’s Exclusive Distribution Sales Team Covers All 25 Provinces in Cambodia with 8,000+ Outlets X3 X2 5 Vans 2 Tuk Tuk “19 units”
Slide 29: Export and Beyond
FRASER & NEAVE HOLDINGS BHD Export and Beyond GREATER CHINA CENTRAL & SOUTH AFRICA Taiwan Africa AMERICA G-China 25% 26% OTHER ASIA America 4% Other Asia 45%
Slide 30: FNDT as Importer - Explore Opportunity for Collaboration
FRASER & NEAVE HOLDINGS BHD FNDT as Importer - Explore Opportunity for Collaboration
Slide 31: F&N's Integrated Dairy Farm in Gemas
F&N’s Integrated Dairy Farm In GEMAS
Slide 32: What Are We Building?
What Are We Building? iat) We aim to build an integrated dairy farm of aherd size of: > 20,000 at Gemas in the Negeri Sembilan State, Peninsular Malaysia. ® It willbea VERTICALLY INTEGRATED OPERATION from: #> BE > ais Corn Dairy Milk Planting Farming Processing (the main feedstock & Packaging for th
Slide 33: Progress So Far... Key Milestones
PROGRESS SO FAR… KEY MILESTONES The KM (Planning Permit) and Kerja Tanah (Earthworks) approved in Dec 2023 First Milking By early 2025 Groundbreaking Ceremony in Gemas, Land acquisition was completed Negeri Sembilan on On 11 October 2022 for RM215.6m 15 June 2023 2023 Land Clearance Status 2025 2020
Slide 34: What's New? 2024 Highlights
GN What’s New? 2024 Highlights FO WARD TOGETHER
Slide 35: Borneo Springs Launched in Nov 2023
ae ; ‘TASTE THE — 4 PRISTINE WATER FROM A q 140-MILLION-YEAR-OLD RAINFORES®, “BORNEO — ~ =. SPRINGS F. Nata Nneral Vater) ir Wiel Seruaed se
Slide 36: Cocoaland's Brand Revamp with Refreshed Look
COMING SOON COCOALAND’S BRAND REHAUL WITH REFRESHED LOOK…
Slide 37: Celebrating Teapot's 15th Anniversary
CELEBRATING TEAPOT’S 15TH ANNIVERSARY
Slide 38: Ready to Roll Out Plant-Based Beverages in Thailand Soon
Ready to roll out plant-based beverages in Thailand soon
Slide 39: Celebrating the Year of the Dragon
Celebrating the Year of Dragon
Slide 40: Click to Watch the Video
Click the below URL to watch the video. https://www.youtube.com/watch? v=xveUms7PlD4
Slide 41: Click to Watch the Video
Click the below URL to watch the video. https://www.youtube.com/watch? v=oRT3crPAzbg
Slide 42: Grab the Festive 12-Can Packs Limited Edition
| Merron GRAB THE e~ —= | FESTIVE 12-CAN PACKS Ni Limited Edition
Slide 43: a E = € ¢ iS ~
a 5 E = € ¢ 2 iS 7 ~
Slide 44: Oyoshi Green Tea
: ce) ‘K) OYOSHI XN vos Se 3 ~ OYOSHI OYOSHI GREENTEA GarenTea
Slide 45: Lot 100 Fruity Gummy Limited Edition Flavours
Slide 46: Lee Shun Hing Buy, Snap, Redeem Campaign
Slide 47: Winner of FBM Mid 70 Index ESG Reporting Benchmarking
WINNER of FBM Mid 70 Index SPECIAL MENTION for FBM Mid 70 Index PwC Malaysia’s ESG Reporting Benchmarking Analysis PwC Malaysia’s Public Trust Perception Analysis
Slide 48: Strong Legacy Businesses + New Food Pillar + Dairy Farm: Moving Closer to Our Vision
With Strong Legacy Businesses + New Food Pillar + Dairy Farm Contribution, We Are Moving Closer to Our Vision DCO Thailand Exports DCO Malaysia DCO DCO Thailand Malaysia Halal Food Agriculture & Dairy Farming DCO Malaysia Exports Halal Food DCO Thailand 10 Years Ago Pre-2019 Future
Slide 49: Forward Together
FO -WARD TOGETHER
Fraser & Neave Holdings — Shareholder Meeting (February 2024) on 6ix