Pt Malindo Feedmill Tbk · IDX:MAIN
Pt Malindo Feedmill Tbk — Investor Presentation (August 2023)
37 slides from Pt Malindo Feedmill Tbk's investor presentation, Aug 1, 2023
Slide 1: Management Presentation 1H 2023
MANAGEMENT PRESENTATION 1H 2023 Continue to build strong business through sustainable innovation and firm competitiveness
Slide 2: Malindo at a Glance
es MALINDO AT A GEANCE “F
Slide 3: Who We Are?
JR NO)% BN Who We Are? A modern food company originated from a fully integrated poultry producer that brings value adds to our customers What We Do? We provide the best quality protein to people by producing variety of quality poultry products and processed food Why We Do It? Poultry is a great sour
Slide 4: Proven track records, always with progress, since 1997
Proven track records, always with progress, since 1997 1997 2000 2003 2006 = 2007 2008 Established Established Expanded to East Publicly listed Established entity in PT Malindo PT Bibit Java by acquiring in Indonesia Stock Broiler Chicken Feedmill Indonesia feedmill in Exchange business Surabaya 201
Slide 5: Proven track records (Cont'd)
Vcoemmmmnnssl? (Cont'd) 2022 2023 Commenced operations of its . slaughterhouse in July 2022 Obtained export license from Singapore Food Agency to sell frozen and processed foods Began exporting foods to Singapore
Slide 6: Operates across Indonesia, caters nationwide market needs
\ ) Operates across Indonesia, caters nationwide market needs : Medan Pontianak— Balikpapan a) Pekanbau Sg, -] Cikande, ® 0) > Banjarmasin Purwakarta ® Palembang Makassar Cikaum, | C Lumaiang Bandung ‘Wonosari © Current operation Feedmill GPS Breeding PS Breeding Broiler Food Processing 2023 Capacit
Slide 7: Comprises of four solid and stable business segments
\ ) Comprises of 4 (four) solid and stable business segments 55% Animal Feed @ Core Line of Business @ 5 feed mills across Indonesia @ Located in Jakarta, Banten, East Java, Central Java and South Sulawesi @ Total Production capacity of 1.65 mio MT Fp, 13% Chicken Breeding @ Produces & markets broil
Slide 8: Vision, Mission & Values truly represent Corporate Identity
GiatUnod Vision, Mission & Values truly represent Corporate Identity VISION MISSION To be the leading poultry To optimize our potential to company in its chosen market enhance the value for our segment shareholders and other INTEGRITY CORPORATE VALUES CUSTOMER SATISFACTION COMMITMENT
Slide 9: Experienced management team with global standards
Experienced management team with global standards nn Lau Chia Nguang President Commissioner Year of Poultry experience: More than 40 years ia 7 i ; Koh Bock Swi Tan Lai Kai Yongkie Handaya Brian M. O’Connor (Raymond Koh) Commissioner Independent Commissioner Independent Commissioner Independent Comm
Slide 10: Experienced management team with global standards
Experienced management team with global standards YY Tan Sri Lau Dato’ Seri Abdul Tuang Nguang Lau Joo Kiang Rewin Hanrahan Lau Joo Hwa Lau Joo Keat Rudy Hartono Husin Azim Bin Mohd Zabidi President Director Director Director Director Director Director Director Year of Poultry Year of Poultry Year o
Slide 11: MAIN shares profile as a publicly listed company
MAIN shares profile as a publicly listed company Shares Information an MAIN Subsidiaries = 1997: Established in Jakarta IEBIeeTe eth Parent stock DOC Chicken Farm = 2006: Publicly listed in IDX Eesha) Ayamsatu Primadona - Shares info as of 30.06.2023 a | # of Shares: 2,238,750,000 Mitra Bebek —_ = «
Slide 12: MAIN's progressive financial growth over the past years
\ un / MAIN’s progressive financial growth over the past years Well managed Sales & Gross Profit (in IDR billion) business with prudent financial management 9,131 Our vertically integrated business model has a strong value creation to our top line and to the improvement in profitability —_ = FY2021
Slide 13: Why We Enter into The Business
zd y x Why We Enter into The Business
Slide 14: What data reveals about Indonesia: potential in consumption
What data reveals about Indonesia: potential in Indonesia Population 300,000,000 280,000,000 260,000,000 240,000,000 220,000,000 200,000,000 180,000,000 160,000,000 140,000,000 120,000,000 68.60% 68.40% et 68.30% 68.20 68.20% 68.00% 67.80% 67.60% 67.40% 67.20% 67.00% 5 6 2021 POST COVID-19 CONSUMERS
Slide 15: Significance, Availability, Affordability, Prospects
Significance Availability Affordability | Prospects Poultry is a major source of Most of region in Indonesia _—- Meat other than Poultry, Indonesia is expected to play animal protein for almost is self-sufficient in the must be imported in large growing role in world poultry 90% of the country’s sup
Slide 16: Indonesia's Poultry Stats: There is room to grow
Indonesia’s Poultry Stats: There is room to grow in the fast-growing industry with gaining share of consumption The Indonesian middle class has been a major driver of economic growth as the group’s consumption has Btd¥n at 12% annually since 2002 peo 242,500 ple)217,500 0,000 5,000... 2010 2017 2018
Slide 17: Poultry on downstream side: Positive prospects
Poultry on downstream side: Positive prospects with rising markets along the years 6 488. 5 3 5341 580.2 366-7 g 503.5 SIRE 1 2. . . 4243 4473 460.7 4M 2014 «2015 «2016-2017 2018-2019 «2020-2021 2022-2023 2024 ‘= Frozen Meat Frozen Ready Meals = Frozen FistVSeafood = Frozen Bakery Products = Others
Slide 18: How we see our markets
GiatUnod How we see our markets ... Indonesia feed production capacity share (2022) Indonesia DOC production capacity share (2022) @CPIN BJPFA hei BJPFA =MAIN | NEW HOPE BMAIN aC nla HOPE Others Others We are among the top 3 integrated players and well-positioned in the market supported by our strat
Slide 19: Why are we in poultry business?
GiatUnod Why are we in poultry business? INDONESIA IS A LAND OF OPPORTUNITIES Attractive market due to its potential in consumptions, huge markets for poultry, good for business, even after pandemic INDONESIA’S POULTRY WILL HAVE A GROWING ROLE Poultry is a major source of animal protein for almost 9
Slide 20: Our Business Model
Our Business Model : : Delivering Strategy into Actions =e ———— er
Slide 21: We drive our business through a vertically integrated business model
We drive our business through a vertically integrated business model UPSTREAM Animal Feed Production [ Core business in the Company’s value chain ) -Top revenue contributors -Top 3 players in animal feed industry share -Large scale feedmills with progressive capacity -Best feed product with Good qua
Slide 22: Our Business Strategy compels best in executions
a ° v High Quality Products + Best Poultry Feed + Best Farm Practice * High Quality DOC * Trusted Brand Quality Our Business Strategy compels best in executions YATRA i Business Value Creation | te . Best-in-Class Process + Process Excellence + High Quality Control + Efficient Production * Good Farm
Slide 23: Our business processes adhere to best practice models
\ — , Our business processes adhere to best practice models Animal Feed Business Process Feed A Vitaminand Poultry Feed (Pellet/ Crumble) Quarry Breeding Farm Business Process BREEDING FARM High quality Advanced CONTROL technologyand hi QUALITY CONTROL improved farm r management quality raw material
Slide 24: Operating Performance
Operating Performance Effective Strategy with Efficient & Prudent Execution
Slide 25: Declining half yearly bottom-line due to cost pressure
Declining half yearly bottom-line due to cost pressure Continue to maintain margins through tight cost control mechanism and low net gearing IDR billion, . — Profit & L Jun 2023 Jun 2022 Chi Increased top line and declining bottom SE et soles TY S/650/o am IS Soe SITE line with stable segment contri
Slide 26: 1H 2023 Profitability Performance
1H 2023 Profitability Performance - Profit & Loss Statements Q-o-Q Comparative Figures - Revenues IDRbn 6,000 5,000 4,000 3,000 IDR Billion 2,000 1,000 2,972 1022 2923 5/509 5,651 6M22 6M23 IDR bn IDR Billion Net Profit 100 50 173) 131) oO IDRbn 200 150 8 IDR Billion S$ 164 127 6m22 623 E IDR Billio
Slide 27: 1H 2023 Financial Positions
Net Debt to Equity 1H 2023 Financial Positions - Y-o-Y Comparative Figures - Total Assets _ 117 5,747. 4575 1.08 1.00 0.80 0.60 0.40 0.20 0.00 Dec 22 Jn 23 Dec 22 Jun 23 Total Interest-Bearing Debt imeatil CAPEX Interest Bearing Debt 100 3,000 90 2.707, 2,587 80 2,500 70 5 60 g 7000 & 50 ®B 1,500 40
Slide 28: Sunny Chick - New Evolution
Slide 29: Our business continuously innovates by adding depth of downstream business model
<r , Our business continuously innovates by adding the depth of —— the downstream business model Focusing into a higher margin business via our fried chicken retail stores and projecting to grow further our retail chain from non-stores sources. We also held cooking demonstrations as a way to introdu
Slide 30: Continue to generate value by product innovation
Continue to generate value by product innovation ————— Keep innovating and develop new products as a way to differentiate our products from competitors, will lead to increased market share, revenue and customer satisfaction. PRJ Kemayoran June 2023 of
Slide 31: Sunny'Chick: There is no love sincerer than the love of food
| MaLUNbo | There is no love sincerer than the love of food Sunny’Chick is committed in bringing the highest quality food to its customers at affordable prices i Berbagi Angpau
Slide 32: Export of Food Products to Singapore
Export of Food Products to Singapore Following the approval by the Singapore Food Agency (SFA) that processed products from PT Malindo Food Delight and frozen chicken from PT Malindo Feedmill Tbk were for export to Singapore issued on 22 May 2023, Malindo realized this by making the first export shi
Slide 33: Digitalization - New Way of Life
AS & CW We] 8) wun —, | ih! Mow |= \ AN / NiaG MUS LUE WIUYI Digitalization= New Way of Eite Driving Positive Impacts Wowards Society
Slide 34: Our commitment towards digitalization
\ a J, Our commitment towards digitalization = malindofeedmilltbk & Ee ® = Malindo is committed to provide its stakeholders with latest update on the company activities through its official Instagram account where they could obtain information on various activities the company is engaged in. To visi
Slide 35: Partnership with third party ride-hailing app
\ a / Partnership with third party ride-hailing app The company is in close collaboration with Indonesia’s two (2) largest ride-hailing app providers Gojek and Grab Food in further extending its customer reach ere #06 Suny cick Wark “Grab operates in 50 cities located across Indonesia” secommended o
Slide 36: Partnership with third party ride-hailing app — continued
\ a / Partnership with third party ride-hailing app — continued Its downstream processed food division also works closely with Grab, Shopee and Gojek to promote its SunnyGold products to greater public ‘Toko Obos Frozenfood - P... G4km - fe 47 + 8% Rp2L000 Rsk of Delivery =~ SUNNY GOLD CHICKEN SPICY
Slide 37: Thank you
A ell |! aK, , PT Malindo Feedmill Tbk LES GAinarettie, 18 Cr) www.malindofeedmill.com Th a n k re} u Komplek Golden Plaza Blok G No. 17 - 22 @> Sunny Gold y Jakarta Selatan, 12420 Phone: +62-21 766 1727 [(S)) @sunnygoldid Fax: +62-21 766 1728 @& @sunnygoldid mail: ir@malindofeedmill.co.id 37
PT Malindo Feedmill — Investor Presentation (August 2023) on 6ix