Slide 1: Sunway Berhad Q4 FY2025
Sunway Berhad Fourth Quarter Financial Year Ended 31 December 2025 (Q4 FY2025) 25 February 2026
Slide 2: Financial Highlights
Financial Highlights Financial Performance Snapshot for Q4 FY2025 19% 42% 50% Revenue Profit Before Tax PATMI RM2,319 million RM698 million RM502 million (Q4 FY2024: RM2,855 million) (Q4 FY2024: RM493 million) (Q4 FY2024: RM334 million) Financial Position as at 31 December 2025 Total Equity Sharehol
Slide 3: Financial Overview
Financial Overview SUNWAY
Slide 4: Financial Overview – Q4 FY2025
Financial Overview – Q4 FY2025 Revenue Profit Before Tax (RM million) (RM million) YoY 24% YoY 23% 19% 42% QoQ QoQ 10% 47% 1,874 9,813 7,883 1,524 2,855 2,565 2,319 698 493 476 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 o The Group recorded revenue of RM
Slide 5: Segmental Overview – Q4 FY2025 Revenue
Segmental Overview – Q4 FY2025 Revenue Movement in Segmental Revenue (RM million) (RM million) Q4 FY2025: RM2,319 million (Q4 FY2024: RM2,855 million) 2,855 YoY 44% 33% 11% 27% 4% 24% 19% Change 2,319 2,855 1,100 - 353 47 2,319 98 6 29 810 - 363 737 457 460 362 255 284 247 200 128 134 Others 2 Prope
Slide 6: Segmental Overview – Q4 FY2025 Profit Before Tax
Segmental Overview – Q4 FY2025 Profit Before Tax Movement in Segmental Profit Before Tax (RM million) (RM million) Q4 FY2025: RM698 million (Q4 FY2024: RM493 million) 698 YoY 57% 45% 39% 1% 29% 6% N/A 41% Change 46 698 45 30 -2 -6 -1 493 91 253 493 162 162 133 131 117 97 67 20 18 14 17 23 Healthcare
Slide 7: Financial Position as at 31 December 2025
Financial Position as at 31 December 2025 Total Equity & Shareholders’ Funds Total Assets and NAV Per Share Total equity (RM billion) Shareholders’ Funds (RM billion) 17.1 Total assets (RM billion) Net assets per share (RM) 15.9 16.1 15.0 15.0 2.38 13.6 13.9 2.25 12.5 2.13 2.15 38.8 31.5 28.6 26.1 F
Slide 8: Property Development
Core Segments Performance Property Development
Slide 9: Property Development: Performance Review
Property Development: Performance Review Revenue Profit Before Tax (RM million) (RM million) YoY YoY 44% 26% 14% 57% QoQ QoQ 20% 360% 1,965 456 1,453 394 253 810 162 457 381 55 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 o The property development segment
Slide 10: Property Development: Property Launches in 2025
Property Development: Property Launches in 2025 Launched a Total Gross Development Value of RM3.3 billion in 2025 Sunway Gardens (Phase 3 – Block 10) Sunway Cochrane Condominium Serviced Apartment Tianjin, China Jalan Cochrane, Kuala Lumpur 124 Units | RMB199 million GDV 655 Units (Effective RM94 mi
Slide 11: Property Development: Operational Metrics
Property Development: Operational Metrics Property Sales Property Unbilled Sales Remaining Landbank (as at May 2025) RM3.8 billion RM9.5 billion 2,362 1 acres (FY2024: RM 3.0 billion) (As at 31 December 2024: RM3.3 billion) (Estimated GDV: RM74.1 billion) 106% Unbilled Sales / Revenue (times) Remain
Slide 12: Property Development: Landbank Replenishment
Property Development: Landbank Replenishment Date Location Tenure Land Purchase Estimated GDV Proposed development size Consideration (acres) 2026 January Puchong, Selangor Leasehold 6.77 RM97.3 million RM770 million Serviced apartments & neighborhood retail outlets January USJ 1, Subang Jaya, Selan
Slide 13: Property Launches and Sales Targets in 2026
Property Launches and Sales Targets in 2026 Property Launches and Sales Targets in 2026 Target Launches Target Property Sales RM4.8 billion RM4.2 billion 2025(A): RM3.3 billion 2025(A): RM3.8 billion Property Launches and Property Sales 2026 Planned Property Launches by Geography (RM billion) 4.8 4.
Slide 14: Healthcare
Core Segments Performance Healthcare
Slide 15: Sunway Healthcare Group (“SHG”)
Sunway Healthcare Group (“SHG”) Malaysia’s leading integrated healthcare provider offering full continuum of care Number of Sunway Healthcare Group as of Dec 2025 Level of Established licensed Total projected care bed capacity Excellence icon Reward icon beds 25+ 5 1,777 28 SMC Sunway City Kuala Lum
Slide 16: SHG’s Operating Metrics
SHG’s Operating Metrics Strong operational performance with increased capacity and patient visits Number of licensed beds 1 Bed occupancy rate 2 Number of inpatient admissions 3 (‘000s) FY2022 – 25 CAGR : FY2022 – 25 growth: FY2022 – 25 CAGR : 27% 4 ppts 24% 2 ppts YoY YoY 8% 3 3 4 5 11 ppts 10 ppts
Slide 17: SHG’s Financials
SHG’s Financials FY2025 profitability and margins reflect the gestation of two new hospitals opened since December 2024. SMC Damansara achieve d EBITDA breakeven in August 2025 and PBT breakeven in January 2026, while SMC Ipoh achieved EBITDA breakeven in January 2026* Revenue (RM million) EBITDA 1
Slide 18: Construction
Core Segments Performance Construction
Slide 19: Construction
Construction Revenue Profit Before Tax (RM million) (RM million) YoY YoY 33% 79% 39% 90% QoQ QoQ 37% 34% 533 4,418 2,464 281 1,174 1,100 737 162 117 121 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 o The construction segment recorded a revenue of RM 737 mil
Slide 20: Construction: Operational Metrics
Construction: Operational Metrics Record Order Book Replenishment of RM5.2 billion in 2025 Infrastructure India Building Singapore Precast / Piling 1% 1% 7% <1% TARGET ACHIEVED Singapore Precast Order Book Replenishment 14% Target for FY2025 Data Order Book RM4.5 – RM6.0 billion Outstanding Centre R
Slide 21: Construction: Order Book
Construction: Order Book Diversified Outstanding Order Book Outstanding Order Book COMPLETION CONTRACT O/S ORDER % Outstanding Order Book COMPLETION CONTRACT O/S ORDER % (as at 31 December 2025) SUM (RM BOOK (RM (as at 31 December 2025) SUM (RM BOOK (RM million) million) million) million) BUILDING 6
Slide 22: Property Investment
Core Segments Performance Property Investment
Slide 23: Property Investment
Property Investment Profit Before Tax 1 Revenue 1 (RM million) (RM million) YoY YoY 11% 4% 1% 15% QoQ QoQ 3% 10% 1,028 418 989 365 284 275 255 133 119 131 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 Q4 FY2024 Q3 FY2025 Q4 FY2025 FY2024 FY2025 o Revenue grew by 11% YoY to RM 284 million, mainly drive
Slide 24: Property Investment: Operational Metrics
Property Investment: Operational Metrics Property Investment Leisure Asset Under Theme No. of Visitors Management (“AUM”) ~RM14.0 billion as of December 2025 parks FY2025 (31 Dec 2024: RM13.4 billion) Current Portfolio 2 ~ 1,800,000 (2024: 2.12 million ) 20 Retail Properties (2024: 17 Retail Propert
Slide 25: Prospects & Outlook
Prospects & Outlook SUNWAY
Slide 26: Prospects & Outlook
Prospects & Outlook A steady earnings growth in FY2026 driven by promising prospect across all business segments Group o Malaysia’s economy expanded by 5.2% in 2025 (2024: 5.1%), and 2026 is expected to remain resilient, underpinned by stable dom est ic demand, robust investment activity and higher
Slide 27: Corporate Exercise
Corporate Exercise SUNWAY
Slide 28: Proposed Conditional Voluntary Take-over on IJM
Proposed Conditional Voluntary Take - over on IJM 1 Transaction Summary • Offer price: RM3.15 for each IJM share to be offered to IJM shareholders • Settlement mode: Up to RM11.0billion , the total consideration will be satisfied by 90% shares consideration and 10% cash consideration ➢ the Share Con
Slide 29: Supplemental Information
Supplemental Information SUNWAY
Slide 30: Income Statements Highlights
Income Statements Highlights RM million Q4 FY2025 Q4 FY2024 Q3 FY2025 12M FY2025 12M FY2024 Revenue 2,319.1 2,854.7 2,565.2 9,813.0 7,882.6 EBIT 710.3 468.6 450.0 1,876.1 1,530.1 EBIT Margin (%) 30.6 16.4 17.5 19.1 19.4 PBT 698.0 493.4 476.4 1,874.4 1,523.8 PBT Margin (%) 30.1 17.3 18.6 19.1 19.3 PA
Slide 31: Solid Balance Sheet
Solid Balance Sheet RM million 31 December 2025 31 December 2024 (Unaudited) (Audited) Non - current Assets 22,439.2 18,614.3 Current Assets 16,364.0 12,903.5 Total Assets 38,803.2 31,517.8 Current Liabilities 14,887.7 10,023.0 Non - current Liabilities 6,777.5 5,556.4 Total Liabilities 21,665.3 15,
Slide 32: Segmental Information
Segmental Information RM million Q4 FY2025 Q4 FY2024 Q3 FY2025 12M FY2025 12M FY2024 Property Development Revenue 457.2 809.6 380.9 1,452.8 1,964.9 Operating Profit 181.8 156.7 54.4 304.0 292.1 Operating Profit Margin (%) 39.8 19.4 14.3 20.9 14.9 EBIT (incl. share of associates & JCE) 242.3 160.6 55
Slide 33: Segmental Information
Segmental Information Construction RM million Q4 FY2025 Q4 FY2024 Q3 FY2025 12M FY2025 12M FY2024 Revenue 737.2 1,099.8 1,174.2 4,418.1 2,464.1 Operating Profit 121.6 89.8 86.4 443.2 257.2 Operating Profit Margin (%) 16.5 8.2 7.4 10.0 10.4 EBIT (incl. share of associates & JCE) 132.1 97.5 94.0 467.6
Slide 34: Property Projects Take-Up Rates
Property Projects Take - Up Rates *as at end - January 2026, inclusive of bookings Sunway Velocity 3 (Tower A & B) Sunway Aviana (Phase 3) Sunway Maple Sunway Wellesley Serene Villas Location Jalan Peel, Kuala Lumpur Sunway City Iskandar Puteri, Johor Sunway City Iskandar Puteri, Johor Bukit Mertaja
Slide 35: Property Projects Take-Up Rates
Property Projects Take - Up Rates *as at end - January 2026, inclusive of bookings Sunway Bayu Novo Place Sunway Gardens (Phase 3) Location Sunway City Ipoh, Perak Plantation Close, Tengah, Singapore Tianjin, China 1 GDV RM107 million SGD 790 million (Effective: RM918 million ) RMB179 million (Effec
Slide 36: Property Projects Take-Up Rates
Property Projects Take - Up Rates *as of end - January 2026, inclusive of bookings Sunway Lenang Heights Sunway Flora Residences Sunway Dora Sunway Aviana Location Taman Molek, Johor Bahru Bukit Jalil, Kuala Lumpur Bayan Baru, Penang Sunway City Iskandar Puteri, Johor Manor (Bungalow) & Lavie (Semi
Slide 37: Property Projects Take-Up Rates
Property Projects Take - Up Rates *as of end - January 2026, inclusive of bookings Jernih Residence (Tower A & B) Sunway d’hill Residences Sunway Gardens Phase 3 Location Kajang , Selangor Kota Damansara, Kuala Lumpur Tianjin, China Tower A: RM313 million Tower 1: RM258 million GDV RMB375 million (E
Slide 38: Property Projects Take Up Rates
Property Projects Take Up Rates *as of end - January 2026, inclusive of bookings Quinn Residence Sfera Residence Forest Heights Location Wangsa Maju , Kuala Lumpur Wangsa Maju , Kuala Lumpur Seremban, Negeri Sembilan Oskar: RM253 million GDV (Gross) RM210 million RM292 million Hermoso: RM28 million
Slide 39: Property Projects Take Up Rates
Property Projects Take Up Rates *as of end - January 2026, inclusive of bookings Terra Hill The Continuum Location Pasir Panjang, Singapore Thiam Siew Avenue, Singapore SGD 845 million SGD 2.2 billion GDV (Effective RM 852 million) (Effective RM 2.2 billion) Type Private Condominium Private Condomin
Slide 40: Property Projects Take Up Rates
Property Projects Take Up Rates *as of end - January 2026, inclusive of bookings Piccadilly Grand Copen Grand Tembusu Grand Location Northumberland Road (RCR) Tengah Garden Walk (OCR) Jalan Tembusu (RCR) GDV (Gross) SGD878 million SGD937 million SGD1,490 million Type Private condominium with retail
Slide 41: Property Projects Take Up Rates
Property Projects Take Up Rates *as of end - January 2026, inclusive of bookings Nava Grove ELTA Location Pine Grove (RCR) Clementi Avenue 1 (OCR) GDV (Gross) SGD1,350 million SGD1,260 million Type Private Condominium Private Condominium Units 552 501 Launch November 2024 February 2025 Take - up* 85
Slide 42: Planned Launches and Sales Target for 2026
Property Development Planned Launches and Sales Target for 2026 RM billion Effective Launches Launches Effective Sales Sales China TARGET 2% 4.8 4.4 4.2 Central 0.3 0.2 3.8 23% 4.5 4.1 3.3 0.4 Singapore 3.0 2.7 30% Malaysia 2.0 2.4 0.2 0.5 3.4 0.5 68% 0.2 2.8 Southern 0.2 2.6 4.2 2.2 2.2 43% 1.0 1.8
Slide 43: Thank You
Thank You Email : irsunwayberhad@sunway.com.my Website : www.sunway.com.my This presentation may contain certain forward - looking statements due to a number of risks, uncertainties, and assumptions . Representative examples of these factors include (without limitation) general industry and economic