Top Glove Corporation Bhd. · MYX:TOPGLOV
Top Glove Corporation Bhd — Investor Presentation (October 2026)
27 slides from Top Glove Corporation Bhd's investor presentation, Oct 6, 2026
Slide 1: Top Glove Corporation Bhd Investor Presentation
TOP GLOVE CORPORATION BHD Investor Presentation 6th October 2026 Strong Performance, Stronger Foundations, Sustainable Growth Bursa Malaysia : 7113 SGX : BVA Reuters : TPGC.KL Bloomberg : TOPG MK ADR United States : TGLVY Page | 1 of 28
Slide 2: Top Glove Business Ethics Claps
TOP GLOVE BUSINESS ETHICS CLAPS Thumbs Up, Ready, 1 2 3 TOP GLOVE TOP HONESTY TOP INTEGRITY TOP TRANSPARENCY Claps, 2x 3x 2x QUALITY ! QUALITY ! QUALITY ! Page | 2 of 28
Slide 3: Top Glove 5 Healthy Wells Claps
TOP GLOVE 5 HEALTHY WELLS CLAPS Thumbs Up, Ready, 1 2 3 TOP GLOVE CLEAN WELL EAT WELL WORK WELL EXERCISE WELL SLEEP WELL Claps, 2x 3x 2x HEALTHY! HEALTHY! HEALTHY! Page | 3 of 28
Slide 4: 'Top Glove' at a Glance
‘Top Glove’ at a Glance The World’s Largest Rubber Gloves Manufacturer The world’s largest Market capitalisation(1) of manufacturer of Nitrile, RM7.06 bil, USD1.73 bil Natural Rubber and as of 6th October 2026 Surgical gloves Our Vision 95 billion gloves p.a. FY2026 Revenue To be your world class pa
Slide 5: From Humble Origins to Global Leader
From Humble Origins to Global Leader 1991 2001 2004 2011 2016 2019 2021 2025 ▪ Started as ▪ Commenced ▪ The World’s ▪ Acquired a ▪ Secondary ▪ Launched ▪ FY21 PAT of ▪ MSCI ESG Rating a local operations in Largest marketing listing on BioGreen RM7.8 bil upgraded to “AA” business Thailand Manufacture
Slide 6: Healthcare Spending Continue to Increase Globally
Healthcare Spending Continue to Increase Globally Strong Growth Opportunity in Asia Pacific, Middle East and Africa, on the back of Large Population but Low Current Glove Usage Glove per Capita Consumption, in Pieces % Growth Population by Region in 2025 from 2019 Total Global Glove Consumption per
Slide 7: Sales Volume Distribution Across 195 Countries
Sales Volume Distribution Across 195 Countries % of 4QFY26 Sales Volume by Region Distribution Western Eastern ▪ 7 marketing offices globally North America 28% Europe 15% Europe 18% ▪ Over 2,000 customers Asia 24% ▪ An OEM manufacturer in every region ▪ Top 5 customers represent Germany 12% of total
Slide 8: Diverse Range of Products to Align with Rapidly Changing Markets
Diverse Range of Products to Align with Rapidly Changing Markets % of Product Mix By Sales Volume from FY11 to FY26 70% 59% Nitrile Gloves 60% 55% 55% 54% 50% 47% 47% Natural Rubber 44% 42% Powdered Gloves 39% 40% Natural Rubber 30% 27% 27% Powder-free Gloves 26% 22%23% 23%22% 26% 19% 20% 20% 23% Vi
Slide 9: High Demand Drives Capacity Requirements
High Demand Drives Capacity Requirements Top Glove’s Total Production Capacity Top Glove’s Manufacturing Capabilities In Bil Pcs Total: 51 Factories [39 Glove + 12 Non Glove] Target As at As at As at Bil ’pcs End of Malaysia Aug’24 Aug’25 Aug’26 Thailand FY2027 ▪ 35 Glove Factories ▪ 3 Glove Factori
Slide 10: 4QFY26 Quarterly Results for the Period 1/6/26 to 31/8/26
4QFY26 Quarterly Results for the Period 1/6/26 to 31/8/26 Variance Variance 4QFY26 3QFY26 4QFY25 4QFY26 vs 4QFY26 vs 1/6 to 31/8/26 1/3 to 31/5/26 1/6 to 31/8/25 3QFY26 4QFY25 Revenue, RM’mil 1,248 1,095 893 14% 40% Revenue, USD’mil 306 277 211 EBITDA, RM’mil 211 186 107 13% 97% EBITDA, USD’mil 52 4
Slide 11: Top Glove's Performance Since Year 2011 in RM'mil
Top Glove’s Performance Since Year 2011 in RM’mil in RM’mil As at Financial Year Ended 31 August 2026 in RM’mil 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Revenue 2,054 2,315 2,313 2,275 2,511 2,889 3,409 4,221 4,801 7,237 16,361 5,572 2,257 2,514 3,493 4,232 EBI
Slide 12: Top Glove's Performance Since Year 2011 in USD'mil
Top Glove’s Performance Since Year 2011 in USD’mil in USD’mil As at Financial Period Ended 31 August 2026 in USD’mil 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Revenue 650 733 732 720 596 716 799 1,028 1,137 1,734 3,925 1,243 487 583 803 1,042 EBITDA/(L) 62 94 98
Slide 13: Bursa: Shareholder Value Track Record
Bursa: Shareholder Value Track Record Total Shareholders Return of 8,500% Over 25 Years Since Listing in Year 2001 Number of CDS and CDP Number of accounts Share Split History Bonus Issue History accounts as of 31 August 2026 RM1 per share to FY2002 3 for 10 16/2/05 Total CDS Accounts, Bursa 112,905
Slide 14: SGX: Shareholder Value Track Record
SGX: Shareholder Value Track Record Total Shareholders Return of 110% over 10 years Since Listing on 28 Jun 2016 Number of CDP accounts as of 31 August 2026 7,484 Source: Registrar of Depository Source: Reuters as of 6th Oct 2026 Note: (1) adjusted for bonus issue and share split since IPO Page | 14
Slide 15: Top Glove Convertible Bond Price Performance
Top Glove Convertible Bond Price Performance Issued on 1st March 2019 and Fully Redeemed on 16th October 2020 Issuer: Top Glove Labuan Ltd Convertible Bond Price as at 16th Oct 2020: 490 Isin: XS1941677764 USD 452.12 Issuance size: USD200 million 440 Coupon: 2% Issued Date: 1st March 2019 Maturity D
Slide 16: Enhanced Shareholder Return with Three times YoY Growth in Dividend per Share
Enhanced Shareholder Return with Three times YoY Growth in Dividend per Share The Board of Directors has declared a tax exempt final dividend of 1.50 sen per share, amounting to RM120 mil, while maintaining a prudent balance between shareholder returns and reinvestment needs to support sustainable g
Slide 17: Bursa Top 100 Market Capitalization Listed Companies
Bursa Top 100 Market Capitalization Listed Companies Data as of last trading day close price on 02/10/2026 based on Thomson Reuters Page | 17 of 28
Slide 18: Bursa Top 100 Market Capitalization Listed Companies (Con't)
Bursa Top 100 Market Capitalization Listed Companies (Con’t) Data as of last trading day close price on 02/10/2026 based on Thomson Reuters Page | 18 of 28
Slide 19: Bursa Top 100 Market Capitalization Listed Companies (Con't)
Bursa Top 100 Market Capitalization Listed Companies (Con’t) Data as of last trading day close price on 02/10/2026 based on Thomson Reuters Page | 19 of 28
Slide 20: Summary of Research Reports Rating
Summary of Research Reports Rating Target price (TP), Target PE and Projected Profit After Tax (PAT) Summary of Research Reports Rating as at 07/10/2026 with Share Price of RM0.86 @ 5.00PM Previous Call Latest Previous TP Target PE based Proj P/(L)AT, Report Research Latest Call as at as at No. TP T
Slide 21: We Care for the Health of Our Employees
We Care for the Health of Our Employees Top Glove has 18 Wellness Team Members as of August 2025 4 Medical Doctors 13 Medical Professionals 4 Medical Assistants 1 Front Desk Admin 1 Dentist 1 Finance Admin 1 Ambulance 1 Dental Assistant 1 Radiographer 2 Nutritionists 4 Wellness Professionals 1 Dieti
Slide 22: Latest Sustainability Recognition & Rating Milestones
Latest Sustainability Recognition & Rating Milestones Top Glove Recognised for Sustainability Leadership with Top Glove Progresses with Significant Improvement 7th Year Membership in in Workforce Disclosure Recognised by WDI 2025 S&P Dow Jones Best in Class (DJ BIC) Index 2026 & 83% score in first t
Slide 23: Overall ESG Achievements in FY2024 Vs FY2025 Targets
Overall ESG Achievements in FY2024 Vs FY2025 Targets Legend: Progressing but lagging, to Progress Tracking to Progressing well and on track Progressing with slight delay, review and revise targets FY2025 to achieve targets by FY2025 to review current approach (if necessary) Sustainability Goals Prog
Slide 24: Guiding Principles for Growth and Success
Guiding Principles for Growth and Success Top Glove’s Business Direction, Ethics, Rules & Philosophies Must know, Must do, Must teach Business Direction Business Ethics Business Philosophies To Produce Consistently Acceptable 1. Honesty 1. We work for our customers Quality Gloves At Efficient Low 2.
Slide 25: Top Glove's Medium and Long Term Objectives
Top Glove’s Medium and Long Term Objectives OUR VISION OUR MISSION To be your world class partner in gloves Ensuring safe human protection globally and healthcare products supported by our values Our Products, Our People Process & Customers Our Financials Healthy workforce living 5 Wells ▪ Diversify
Slide 26: Thank You Have A Nice Day!
Scan or click to access TG Investor Relations webpage Scan or click to access TG Sustainability webpage Thank You Have A Nice Day! www.topglove.com/ir-overview-en invest@topglove.com.my +603 3362 3098 www.topglove.com/sustainability
Slide 27: Top Quality and Efficiency Claps
TOP QUALITY AND EFFICIENCY CLAPS Thumbs Up, Ready, 1 2 3 TOP GLOVE Top Quality Top Efficiency Top Consistency Claps, 2x 3x 2x IMPROVE ! IMPROVE ! IMPROVE ! Page | 27 of 28