Wilmar International Limited · SGX:F34
Wilmar International — Shareholder Meeting (April 2026)
21 slides from Wilmar International's shareholder meeting presentation, Apr 23, 2026
Slide 1: Wilmar International Limited Annual General Meeting
WILMAR INTERNATIONAL LIMITED ANNUAL GENERAL MEETING 23 April 2026
Slide 2: Important Notice
IMPORTANT NOTICE IMPORTANT NOTICE Information in this presentation may contain projections and forward-looking statements that reflect the Company’s current views with respect to future events and financial performance. These views are based on current assumptions which are subject to various risks
Slide 3: Agenda
Agenda Agenda 1 FY2025 Financial Performance 2 Business Developments and Strategic Updates 3 Sustainability 2
Slide 4: 1. FY2025 Financial Performance
1.FY2025 Financial Performance By Charles Loo Cheau Leong Deputy Chief Operating Officer and Chief Financial Officer 1. FY2025 Financial Performance By Charles Loo Cheau Leong Deputy Chief Operating Officer and Chief Financial Officer 3
Slide 5: Vertically Integrated Business Model
Trading, Origination Processing Products Merchandising Customers Vertically Integrated & Distribution Business Model FY2025 4
Slide 6: 2025 Results at a Glance
2025 Results at a Glance vs 2024 Total Revenue US$ 70.42 billion 5% EBITDA US$ 4.27 billion 10% Net Profit US$ 1.41 billion 21% One-off Non-core Adjustments* US$ 103.8 million - Core Net Profit US$ 1.28 billion 10% Earnings per share (fully diluted) US$ 0.226 21% Dividends per share S$ 0.140 -13% Ne
Slide 7: One-off Non-core Adjustments
One-off Non-core Adjustments FY2025 (US$m) Gain on remeasurement arising from changes in interest in AWL Agri 1,140.2 Business Limited (AWL) Compensation payments and provisions made on Indonesia operations (782.3) Provision made on ongoing legal cases in China (104.1) Provision for losses in relati
Slide 8: Key Segment Results
Key Segment Results US$ million unless otherwise stated 2025 2024 Volume (m MT) 34.7 33.0 Food Products Revenue 30,885.8 28,829.3 (Consumer Products, Medium Pack and Bulk) PBT 449.7 502.1 Volume (m MT) 68.0 68.7 Feed and Industrial Products Revenue 42,871.8 42,254.0 (Tropical Oils, Oilseeds and Grai
Slide 9: Cash Flow Highlights
Cash Flow Highlights US$ million FY2025 FY2024 Operating cash flow before working capital changes 2,791 3,801 Add/(less): Changes in working capital, interest (paid)/received (429) (2,429) and income taxes paid Acquisition of subsidiaries, joint ventures and associates (448) (66) Capital expenditure
Slide 10: Internally Funded CAPEX
Internally Funded CAPEX # US$ million FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 EBITDA 4,270 3,886 3,963 4,734 4,172 3,609 3,024 Less: net tax paid (578) (436) (499) (685) (687) (407) (247) Less: net interest paid (including lease payments) (861) (779) (893) (471) (266) (213) (450) Less: divi
Slide 11: Gearing
Gearing US$ million As at As at Dec 31, 2025 Dec 31, 2024 Debt/Equity (x) 0.91 0.94 - Net debt * 19,958 18,638 - Shareholders’ funds 21,865 19,861 Adjusted debt/Equity (x) 0.34 0.33 - Liquid working capital ** 12,615 12,088 - Adjusted net debt 7,343 6,550 - EBITDA 4,270 3,886 Net debt/EBITDA (x) 4.6
Slide 12: Dividends
Dividends 2,500 2,420 18.0 17.0 17.0 17.0 2,000 1,842 16.0 16.0 15.5 1,567 1,486 15.0 1,500 In Singapore cents 1,278 US$m 1,256 1,164 14.0 14.0 1,000 13.0 13.0 12.5 12.0 500 11.0 - 10.0 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Core Net Profit (US$m) Dividends per share (in Singapore cents)*
Slide 13: 2. Business Developments and Strategic Updates
2.Business Developments and Strategic Updates 2. Business Developments and Strategic Updates 12
Slide 14: Expanding our Consumer Foods Presence Across Key Growth Markets
Expanding our Consumer Foods Presence Across Key Growth Markets Africa1 Ethiopia’s Population: ~132 Million Ivory Coast’s Population: ~32 Million Ghana’s Population: ~ 34 Million Nigeria’s Population: ~ 233 Million South Africa’s Population: ~ 64 Million China1 Tanzania’s Population: ~ 69 Million Ug
Slide 15: Recognised for its Leading Brands and Quality Products
Recognised for its Leading Brands and Quality Products China: • 2025年C-BPI食用油，大米和面粉品牌力榜首 by 中国北京–品牌评级机构Chnbrand Arawana • 上榜2025年亚洲品牌500强 by 世界品牌实验室(World Brand Lab) • 上榜2025年中国500最具价值品牌排行榜 by 世界品牌实验室(World Brand Lab) • 中国粮油领军品牌 by 粮油市场报 Indonesia: • Superbrands Indonesia 2025 (Cooking Oil, Flour an
Slide 16: Strengthening our Food Ecosystem in China
Strengthening our Food Ecosystem in China Expanding our Health and Wellness Portfolio Building High-Quality Food Infrastructure • Launched nearly 50 new health and wellness products and • Continued investment in safer, more efficient food variants. production. • Rolled out across both retail and e-c
Slide 17: Scaling Consumer Brands in India
Scaling Consumer Brands in India Expanding our Consumer Brand Deepening Nationwide Portfolio Distribution Reach • Fortune marked its 25th year in India, • Distribution expanded to over 123 maintaining leading positions in food million households. staples. • Presence extended to about 58,000 • Acquir
Slide 18: Business Developments in Africa and Vietnam
Business Developments in Africa and Vietnam Country/Region Highlights Africa • Commissioned a refinery and fractionation plant in South Africa. • Commissioned new condiment production lines in Zimbabwe. • Expanded our shea fractionation plant in Ghana. • Deepened our distribution footprint by introd
Slide 19: 3. Sustainability
3.Sustainability 3. Sustainability 18
Slide 20: Embedding Sustainability to Support Long-term Value Creation
Embedding Sustainability to Support Long-term Value Creation In 2025, we ✓ Ranked 1st and recognised as a “Leader” in the Children’s Rights Benchmark by Global Child Forum. ✓ Maintained inclusion in the Dow Jones Best-in-Class Asia Pacific & World Indices, and the FTSE4Good index series. ✓ Received
Slide 21: Thank you
Thank you
Wilmar International — Shareholder Meeting (April 2026) on 6ix