Sime Darby Bhd. · MYX:SIME
Sime Darby Bhd — Shareholder Meeting (November 2025)
66 slides from Sime Darby Bhd's shareholder meeting presentation, Nov 13, 2025
Slide 1: Sime Darby Berhad 19th Annual General Meeting
Sime Darby Berhad 19th Annual General Meeting 13 November 2025
Slide 2: Our Presence
OUR PRESENCE Sime is a leading multinational company in Asia Pacific, built on strong partnerships with top automotive and industrial brands TOTAL EMPLOYEES 30,000 18 COUNTRIES & FY2025 RESULTS TERRITORIES REVENUE* PATAMI PBIT* SHAREH LDER’S Australia RM70.1 billion RM2.1 billion RM3.6 billion EQUIT
Slide 3: Our Universe of Brands
OUR UNIVERSE OF BRANDS We are the partner of choice for many of the world’s leading brands Industrial Motors UMW Copyright © 2024 Sime Darby Berhad 3 Note: Brands listed are not exhaustive
Slide 4: Operations Overview
OPERATIONS OVERVIEW Our business is in retail & aftersales for industrial equipment & motors; acquired new capabilities with UMW acquisition One of the largest CAT dealers One of the largest BMW dealers Perodua is the market leader in globally globally Malaysia with its entry-level, mass- market mod
Slide 5: Sime Is a Proxy for Growth in Asia Pacific
SIME IS A PROXY FOR GROWTH IN ASIA PACIFIC Our businesses have exposure to high-value segments across Asia Pacific Operating in Asia Pacific, a dynamic Leading Malaysia’s automotive sector growth region Asia is the fastest growing and most With UMW, we now have about 60% dynamic region in the world,
Slide 6: What Is Next for Sime
WHAT IS NEXT FOR SIME Having completed the execution of Phase 1 of our masterplan, we are geared for the Next Phase PHASE 1 COMPLETED A Grow the core C New Strategic Partners PHASE 2 Expanded Industrial business to capitalise on mining and infrastructure boom. Secured Toyota and Perodua via UMW. Als
Slide 7: FY2025 Operations Review
FY2025 OPERATIONS REVIEW Strong commodity demand in Australia, continuing challenges in China, resilient auto sales in Malaysia Robust commodity Challenging automotive Resilient Automotive Sales 1 demand 2 business 3 in Malaysia Strong commodity demand. Strong consumer demand, Ongoing heavy discount
Slide 8: FY2025 Key Financial Highlights
FY2025 KEY FINANCIAL HIGHLIGHTS Strong growth in revenue and earnings despite challenging business environment REVENUE* PBIT* NET PROFIT* RM70.1 billion FY2024: RM67.1 RM3.6 billion RM2.1 billion billion FY2024: RM2.8 FY2024: RM1.3 billion YoY billion 4.4% YoY 63.3% YoY 30.2% CORE NET PROFIT ROE COR
Slide 9: PBIT from Continuing Operations: Comparison Year-on-Year
PBIT FROM CONTINUING OPERATIONS: COMPARISON YEAR-ON-YEAR Segmental PBIT: Financial year ended 30 June 2025 Parts price Soft Strong support reduction and margins from Perodua FY2025 vs. FY2024 weaker forex across key and Toyota RM million translation markets earnings (110) 986 3,592 (144) 73 (450) 47
Slide 10: Operational Excellence Initiatives
OPERATIONAL EXCELLENCE INITIATIVES Key initiatives to reduce costs and streamline operations 1 Inventory Optimisation 2 Manpower Rationalisation 3 Network optimisation 4 Debt Repayment Working Capital Improvements Overhead reduction Branch rationalisation We have reduced debt significantly. Improved
Slide 11: Significant Increase in Operating Cash Flow
SIGNIFICANT INCREASE IN OPERATING CASH FLOW Working capital improvements and cost optimisation deliver significant uplift in cashflow Operating Cash Flow* (RM million) 5,293 Operating Cash Flow Significant increase from RM476m to RM5,293m. Improvement in working capital management. Cost optimisation
Slide 12: Sime Industrial
SIME INDUSTRIAL Capturing the Development Potential of Asia Pacific Marking 100 years of Mining and Caterpillar, strengthened Construction Demand Capturing power solutions to drive by S Da by I al’ Powering a Strong data centre demand in Malaysia. partnership Copyright © 2024 Sime Darby Berhad since
Slide 13: Sime Motors
SIME MOTORS Wide range of brands and geographic locations provide diversification benefits BYD emerges as the best- selling EV brand in Malaysia and the overall market leader in Singapore. Auto Bavaria recognised as the best- performing dealer in Malaysia. Copyright © 2024 Sime Darby Berhad 13
Slide 14: Sime UMW
SIME UMW UMW l v a h f Malay a’ a v y T y a a Malay a’ l a Perodua Malay a’ non-National automotive brand. automotive market leader. UMW T y a M ’ a k P a’ market share share for 2024 was 12.5%. for 2024 was 43.8%. Malay a’ T Copyright © 2024 Sime Darby Berhad al I yV l (TIV) reached a record high o
Slide 15: Update on Strategic Acquisitions (1/2)
UPDATE ON STRATEGIC ACQUISITIONS (1/2) Both the acquisitions in Australia are meeting business-case expectations • Expansion into South Australia (the region has • Enabled us to expand into Western Australia 70% f A al a’ ), Strategic which is rich in iron ore. CAT business footprint. rationale • 2n
Slide 16: Update on Strategic Acquisitions (2/2)
UPDATE ON STRATEGIC ACQUISITIONS (2/2) Sime UMW – Transformational deal that strengthened Malaysia earnings and provided leadership platform in Malaysia automotive BEST 1 BRAND Strong earnings contribution Secured Two Leadership Successful Best I Malay a’ merger integration 12.1% Brands in Automotiv
Slide 17: Dividend – 14 Sen for FY2025
DIVIDEND – 14 SEN FOR FY2025 We continuously pay out sustainable dividends of more than 60% Dividend/Reported Earnings 71% 77% 82% 66% 61% 67% Dividend/Core 46% 27% Earnings Dividends Paid 886 886 954 783 (RM million) 6.7% Dividend yield 5.6% (%) 5.3% 6.2% Dividend per share (sen) 11.5 13 13 14 FY20
Slide 18: Share Price Performance
SHARE PRICE PERFORMANCE S ’ ha ha b h v 4QFY2025 l 1,648.91 1,642.33 1,590.09 1,609.15 2.62 2.21 1,532.96 2.05 2.46 2.36 1,513.65 1.65 Jun-24 Aug-24 Oct-24 Dec-24 Feb-25 Apr-25 Jun-25 Aug-25 Oct-25 Factors affecting our share price in FY2025: 1 2 3 Losses registered in Motors China due to Lower auto
Slide 19: Plans for FY2026
PLANS FOR FY2026 Strategic initiatives to enhance return to shareholders Continue focus on ROE Portfolio Optimisation Efficient working capital management Review performance of brands Margins improvement Closure of non-performing businesses Cost optimisation FY2026 Plans China turnaround moving Main
Slide 20: Sustainability Blueprint
SUSTAINABILITY BLUEPRINT Our Sustainability Blueprint has been refreshed to include four new targets, replacing the two previously achieved. Following a thorough external analysis and collaborative engagement across our Group, our blueprint targets are now aligned to People, Planet and Profit. The r
Slide 21: Executive Leadership
EXECUTIVE LEADERSHIP Qualified & Experienced Management Team DATO’ JEFFRI SALIM MUHAMMAD NOOR ABD ALICIA O’DONOGHUE MEGAT SHAHRUL AZMIR ROSELAINI FAIZ DENY RAHARDJO DAVIDSON AZIZ @ HASHIM NORDIN Group Chief Group Chief Group Chief Group Chief Group Chief Executive Officer Group Chief Financial Offic
Slide 22: Questions raised by Minority Shareholders Watch Group (MSWG)
Questions raised by Minority a l , l k Shareholders l k a b l ,2 Watch Group (MSWG)
Slide 23: Operational & Financial Matters
OPERATIONAL & FINANCIAL MATTERS Question 1 According to IDN Financial, Chinese EV brands are expected to capture 67% of the domestic market by the end of 2025, while foreign brands are anticipated to continue losing market share. Source: https://www.idnfinancials.com/news/55661/fierce- competition-t
Slide 24: Operational & Financial Matters
OPERATIONAL & FINANCIAL MATTERS Question 1 • In established automotive markets such as Japan, Korea, and Germany, domestic brands typically command around 70% of market share. We anticipate China will follow a similar trajectory. We believe that there will continue to be opportunities for top-tier f
Slide 25: Operational & Financial Matters
OPERATIONAL & FINANCIAL MATTERS Question 2 The Group has closed 15 underperforming non-BMW outlets across eight brands to streamline its network (Source: Page 12 of AR 2025). However, it continues to retain Volvo, Genesis, and Kia in its China portfolio, while high-end brands such as Lamborghini and
Slide 26: Operational & Financial Matters
OPERATIONAL & FINANCIAL MATTERS Question 2 The Group has closed 15 underperforming non-BMW outlets across eight brands to streamline its network (Source: Page 12 of AR 2025). However, it continues to retain Volvo, Genesis, and Kia in its China portfolio, while high-end brands such as Lamborghini and
Slide 27: Operational & Financial Matters
OPERATIONAL & FINANCIAL MATTERS Question 3 Th I al v ’ f 9 % FY2025 l a A ala a f a reductions and a weaker Australian dollar. Meanwhile, profits in Malaysia improved supported by stronger parts sales and data centre projects, while Singapore also improved on the back of product support margins. (So
Slide 28: Operational & Financial Matters
OPERATIONAL & FINANCIAL MATTERS Question 3 Th I al v ’ f 9 % FY2025 l a A ala a f a reductions and a weaker Australian dollar. Meanwhile, profits in Malaysia improved supported by stronger parts sales and data centre projects, while Singapore also improved on the back of product support margins. (So
Slide 29: Sustainability Matters
SUSTAINABILITY MATTERS Question 1 In Taiwan, all end-of-life tyres are recycled into rubber asphalt and reclaimed rubber products. In Australia, Sime Motors repurposes used tyres into rubber granules for sports and recreational surfaces, diverting around 48 f y bb f la f ll Q la al Th ff a h G ’ cir
Slide 30: Sustainability Matters
SUSTAINABILITY MATTERS Question 1 In Taiwan, all end-of-life tyres are recycled into rubber asphalt and reclaimed rubber products. In Australia, Sime Motors repurposes used tyres into rubber granules for sports and recreational surfaces, diverting around 48 f y bb f la f ll Q la al Th ff a h G ’ cir
Slide 31: Questions raised by Permodalan Nasional Berhad (PNB)
Questions raised by l k a Nasional Permodalan l , l k a b l ,2 Berhad (PNB)
Slide 32: Strategic Questions: Total Shareholder Return
STRATEGIC QUESTIONS 1. To disclose the Total Shareholder Return (TSR) of Sime Darby Berhad for the past 5 years, up to the financial year ended 2025. What would the Board attribute the performance to? FY2021 FY2022 FY2023 FY2024 FY2025 +14.7% 35.2% +5.4% +5.6% +0.3% -32.7% 20.5% 10.1% 4.7% 3.4% -2.2
Slide 33: Strategic Questions: Drivers of TSR
STRATEGIC QUESTIONS 2. The a ’ views on what are the one or two key critical drivers of TSR for the Company. Would this be return on equity, EPS growth or any other metric? If so, what was the performance of these metrics for the past 5 years? 18.1% Dividend/Core Earnings Ratio (%) ROE (%) 11.0% 9.3
Slide 34: Strategic Questions: Initiatives to Improve ROE
STRATEGIC QUESTIONS 3. What are the strategic initiatives that are being put in place by the Company to improve these key drivers and enhance TSR for the next three years? Working Capital Improvements Overhead reduction Improved inventory turnover days from FY2024. Brought down our manpower count fr
Slide 35: Others: Sime Industrial Questions
OTHERS Sime Industrial Questions 4. Sime Darby's Industrial segment continues to anchor group performance - commendable given the cyclical nature of the business. a) However, with competitors offering more affordable equipment, how is Sime Darby defending its market share and value proposition? b) W
Slide 36: Others: Sime Motors Questions
OTHERS Sime Motors Questions 6. The Motors division has been rationalising its operations in China to combat the rampant market overcrowding. a) Beyond network optimisation, what measurable progress has been made to restore profitability? b) What are the remaining headwinds, and how do they impact t
Slide 37: Others: Sime UMW Questions
OTHERS Sime UMW Questions 8. The acquisition of UMW has clearly boosted group performance. a) What specific synergies have been realised so far? b) What new opportunities lie ahead, especially between Motors and UMW, that could further strengthen Sime Darby's performance and value? 9. Despite the sq
Slide 38: Others: Sime UMW Questions
OTHERS Sime UMW Questions 10. Perodua's 42% market share is a testament to its strong brand and execution. a) With Perodua tasked to lead Malaysia's EV strategy under NIMP 2030, what role does Sime Darby play in shaping this national agenda? b) How will Sime Darby ensure Perodua retains its dominanc
Slide 39: Thank You
Thank You Copyright © 2024 Sime Darby Berhad 39
Slide 40: Resolutions of the 19th Annual General Meeting
Resolutions l k a of the l ,19th Annual l k aGeneral b l Meeting ,2
Slide 41: Resolution 1
Payment of fees to the Non- Executive Directors up to an amount of RM4,600,000 from RESOLUTION 1 the 19th AGM until the next AGM of the Company. Copyright © 2024 Sime Darby Berhad 41
Slide 42: Resolution 2
Payment of benefits to the Non-Executive Directors up to an amount of RM1,500,000 RESOLUTION 2 from the 19th AGM until the next AGM of the Company. Copyright © 2024 Sime Darby Berhad 42
Slide 43: Resolution 3
Re-election of Hanizan Hood pursuant to Rule 82.2 of the RESOLUTION 3 Constitution of the Company Copyright © 2024 Sime Darby Berhad 43
Slide 44: Resolution 4
Re-election of Thayaparan Sangarapillai pursuant to Rule RESOLUTION 4 103 of the Constitution of the Company Copyright © 2024 Sime Darby Berhad 44
Slide 45: Resolution 5
Re-election of Tan Sri Muhammad Shahrul Ikram RESOLUTION 5 Yaakob pursuant to Rule 103 of the Constitution of the Company Copyright © 2024 Sime Darby Berhad 45
Slide 46: Resolution 6
Re-election of Dato' Dr Nirmala Menon pursuant to RESOLUTION 6 Rule 103 of the Constitution of the Company Copyright © 2024 Sime Darby Berhad 46
Slide 47: Resolution 7
Re-election of Dato' Jeffri Salim Davidson pursuant to RESOLUTION 7 Rule 103 of the Constitution of the Company Copyright © 2024 Sime Darby Berhad 47
Slide 48: Resolution 8
Re-appointment of PricewaterhouseCoopers PLT as Auditors of the Company for the financial year ending RESOLUTION 8 30 June 2026 and to authorise the Directors to fix their remuneration Copyright © 2024 Sime Darby Berhad 48
Slide 49: Resolution 9
Proposed Share Buy-Back Authority for the Company to purchase its own shares of up RESOLUTION 9 to ten per cent (10%) of the total number of issued shares of the Company Copyright © 2024 Sime Darby Berhad 49
Slide 50: Resolution 10
Proposed Renewal of Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a RESOLUTION 10 Revenue or Trading Nature with related parties involving the interest of Toyota Motor Corporation Copyright © 2024 Sime Darby Berhad 50
Slide 51: Resolution 11
Proposed Renewal of Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a RESOLUTION 11 Revenue or Trading Nature with related parties involving the interest of Toyota Tsusho Corporation Copyright © 2024 Sime Darby Berhad 51
Slide 52: Resolution 12
Proposed Renewal of Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related RESOLUTION 12 Party Transactions of a Revenue or Trading Nature with related parties involving the interest of KYB Corporation, Japan Copyright © 2024 Sime Darby Berhad 52
Slide 53: Resolution 13
Proposed Renewal of Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a RESOLUTION 13 Revenue or Trading Nature with related parties involving the interest of Toyota Industries Corporation Copyright © 2024 Sime Darby Berhad 53
Slide 54: Resolution 14
Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or RESOLUTION 14 Trading Nature with related parties involving the interest of Bermaz Auto Berhad Copyright © 2024 Sime Darby Berhad 54
Slide 55: Questions & Answers
l k a l , Questions & Answers l k a b l ,2
Slide 56: Question 1
In September, a Nikkei news report mentioned that China automotive price war rages on despite regulatory measures. I note that in Q4 results press conference, the Sime Motors MD was quoted as saying discounting has reduced by 3% after the policy directive by China government. 14 a. Has the discounti
Slide 57: Question 2
Page 59 Annual Report mentioned about the strategy to be future ready and the launch of EV NEXT as Malaysia’s first used xEV dealership. How many 14 cars have been sold by this QUESTION 2 platform and has it contributed positively to the financials or is it still early days? Copyright © 2024 Sime Da
Slide 58: Question 3
Page 60 Annual Report – Motors business review mentioned local assembly expansion as a growth opportunity. However, it is 14 noted from another company’s QUESTION 3 latest quarterly results that Inokom is suffering losses. Is it due to lower plant utilisation? Copyright © 2024 Sime Darby Berhad 58
Slide 59: Question 4
Page 59 Annual Report – Motors business review showed that revenue and profit for Region Others is higher comparing 14 FY2025 with FY2024. Could the QUESTION 4 company share country breakdown of revenue and profit under others. Is this mostly Singapore? Copyright © 2024 Sime Darby Berhad 59
Slide 60: Question 5
It was noted from the AR that the Industrial segment was affected by Caterpillar parts price reduction in Australia in FY2025. Is this expected to persist in FY2026, and can the 14 management give some colour QUESTION 5 on this price reduction since demand seems to be strong. Is it due to competitio
Slide 61: Question 6
Page 17 Annual Report – CFO review mentioned FY2026 focus is to improve ROE. This can be done via non-core and low performing assets divestments. 14 Has the company identified what QUESTION 6 is considered non-core? Is it businesses like Chubb? Safe deposit box doesn't seem to have any synergy with
Slide 62: Question 7
It was recently reported that PNB expects its strategic companies to adhere to the living wage policy of RM3,100 per month by 2026. Has the 14 management assessed the QUESTION 7 financial impact of this policy and how many staff are expected to benefit from this policy? Copyright © 2024 Sime Darby B
Slide 63: Question 8
The High Court on Monday has on 14 July 2025 ordered former group chief executive of Sime Darby Bhd Datuk Seri Ahmad Zubair @ Ahmad Zubir Murshid and four former senior executives of the company to jointly and severally pay over RM350 million 14 in multiple currencies as restitution QUESTION 8 for w
Slide 64: Question 9
The price war on EV is becoming intense. Can the Board provide more details of the revenue, profit margin, PBIT, profit attributable 14 to shareholders, since the year QUESTION 9 when the company begin the BYD franchise till the financial closing reporting period for this current AGM? Copyright © 20
Slide 65: Question 10
Are you providing vouchers / door gifts to shareholders? 14 QUESTION 10 Copyright © 2024 Sime Darby Berhad 65
Slide 66: Thank You
Thank You Copyright © 2024 Sime Darby Berhad
Sime Darby Berhad — Shareholder Meeting (November 2025) on 6ix