Keppel Ltd. · SGX:BN4
Keppel — Investor Day (August 2023)
85 slides from Keppel's investor day presentation, Aug 14, 2023
Slide 1: A global asset manager & operator
INVESTOR DAY, 14 AUG 2023 A global asset manager & operator Mr Loh Chin Hua CEO, Keppel Corporation
Slide 2: Keppel has been transforming to create value
Keppel has been transforming to create value 2015~2016 2018~2019 2022~2023 • Privatised Keppel • Privatised M1 • Divested logistics and O&M businesses Land and and Keppel T&T consolidated asset • Removed conglomerate structure and managers under reorganised Keppel as one Keppel Capital integrated co
Slide 3: One Keppel, One Purpose
One Keppel, One Purpose Creating solutions for a sustainable world A GLOBAL ASSET MANAGER & OPERATOR Comprising three horizontally-integrated platforms: Fund Investment Operating 1 Management 2 Platform 3 Platform Platform with deep operating capabilities in Infrastructure, Real Estate and Connectiv
Slide 4: We are in the right space, at the right time, seizing opportunities amidst macrotrends
We are in the right space, at the right time, seizing opportunities amidst macrotrends 1 2 Investors increasing Energy transition & allocation to real assets climate change Alternatives AUM 23.2 3 (US$ trillion) Rapid urbanisation & 5.8x ageing populations 13.3 11.7 10.1 7.6 8.5 9.0 4.0 4.6 5.5 6.3
Slide 5: Strong results for 1H23
Strong results for 1H23 NET PROFIT RECURRING INCOME ASSET MONETISATION $3.6b 76% >$4.8b Highest on record of net profit from announced since Oct 2020; in 55 years continuing operations, Target to reach $10~12b by vs 48% in 1H22 2026 and $17.5b eventually 5
Slide 6: Superior returns
Superior returns Total distributions in 2023 Total shareholder return Cash: In-Specie: Significantly outperformed Straits Times Index over the 18-month period from 33.0 cts/share $2.19i worth of SCM shares 1 Jan 2022 to 30 Jun 2023 distributed in-specie in Mar’23 for every 1H23 interim cash Keppel s
Slide 7: The Keppel difference
The Keppel difference I Established asset manager with over 20 years of track record, seasoned management team and established LP network Funds raised Capital deployed Returns achieved FUM $9.5b $17.6b 17% IRR / 1.8x $53.2b Capital raised Investments completed equity multiple As at end-Jun 2023 over
Slide 8: Connecting investors with Keppel's proprietary assets
Connecting investors with Keppel’s proprietary assets Providing exclusive access to high-quality, strategic infrastructure, real estate and connectivity assets that produce strong inflation-protected cash flows, leveraging Keppel’s deep operating capabilities. Keppel Sakra Keppel Data Bifrost Subsea
Slide 9: Accelerating growth in asset management
Accelerating growth in asset management Laser-focused to grow FUM to $100b by 2026 and $200b by 2030 AUMi FUM >$13b $65.6b of asset and M&A deals currently Connectivity $53.2b being pursued across Infrastructure, 13% Connectivity Real Estate and Connectivity Real Estate 16% 62% Real Estate 62% >5 In
Slide 10: Keppel is a preferred partner to our LPs
With an established track record as an asset manager and the deep domain knowledge of an operator, Keppel is a preferred partner to our LPs. As we grow our recurring income and achieve our FUM and monetisation targets, Keppel aims to continue delivering superior returns to our shareholders. 10
Slide 11: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR
Slide 12: Assets for a sustainable world
INVESTOR DAY, 14 AUG 2023 Assets for a sustainable world Ms Christina Tan CEO, Fund Management and CIO
Slide 13: Creating enduring value for stakeholders
Creating enduring value for stakeholders Extensive suite of quality investment productsi including listed REITs and a business trust, as well as private funds in sectors where we have deep operating capabilities. Listed REITs & Business Trust Private Funds One of Asia’s First pure-play data The larg
Slide 14: We are in the right space, at the right time … well positioned
We are in the right space, at the right time … … well positioned amidst macrotrends Energy transition & climate change We are in the business of providing clean water, clean environment and clean energy solutions Infrastructure Focusing on renewables, decarbonisation and environmental solutions
Slide 15: Combining capabilities and providing solutions across investment strategies
Combining capabilities and providing solutions across investment strategies DEBT EQUITY Debt Core Core+ Value Add Opportunistic China Logistics Uniquely positioned to scale Property Fund Deploy capital across the capital stack (perpetual vehicles, Keppel Vietnam Fund private funds or bespoke manda
Slide 16: The Keppel difference: Our deep operating capabilities
The Keppel difference: Our deep operating capabilities Infrastructure Real Estate Connectivity 5
Slide 17: Over 30 years of infrastructure investment, development and management track record
Infrastructure Real Estate Connectivity 1. SINGAPORE Over 30 years of infrastructure investment, • Keppel Marina East Desalination Plant • Singapore Integrated Waste Management Facility (IWMF) development and management track record • Keppel Sakra Cogen Plant • City Energy • Keppel Merlimau Cogen Pl
Slide 18: Greening cities with waste, water & wastewater solutions
Infrastructure Real Estate Connectivity Greening cities with waste, water & wastewater solutions 40% of Singapore’s municipal waste 876,263m3/day waste & Treat ~40% of Singapore’s municipal incinerable wastewater production waste, and diverting waste Provider of a comprehensive suite of from landfil
Slide 19: Growing our energy & environment business
Infrastructure Real Estate Connectivity Growing our energy & environment business Renewables ~4.9 GWi Expanding sources of stable ~3.0 GW Conventional recurring income energy Total generation capacity on a 1.9 GW Strong deal flow pipeline in Solar gross basis, of which 64% is well-established ma
Slide 20: Advancing into an asset-light urban space solutions provider
Infrastructure Real Estate Connectivity Advancing into an asset-light urban space solutions provider Accelerating landbank monetisation • Pivoting towards real estate-as-a-service with focus on growing recurring income Working to substantially monetise landbank, including through injection into Kepp
Slide 21: We provide sustainable and innovative urban space solutions
Infrastructure Real Estate Connectivity We provide sustainable and innovative urban space solutions Sterling portfolio of residential developments and Growing commercial portfolio in key Asian cities integrated townships The Reef at King’s Dock, Singapore Waterfront Residences, Tianjin Keppel Bay To
Slide 22: We are a trusted partner for data centre solutions
Infrastructure Real Estate Connectivity We are a trusted partner for data centre solutions We provide our clients with not just data Strong international presence with over storage services but also green electrons 30 data centres across Asia-Pacific & Europe to support their net zero ambitions Floa
Slide 23: World's largest capacity high-speed optical cable across the Pacific Ocean
Infrastructure Real Estate Connectivity We are developing and operating the world’s largest capacity high-speed optical cable across the Pacific Ocean Bifrost Cable System First subsea fibre cable system directly connecting Singapore to the West Coast of North America via Indonesia through the Java
Slide 24: Driving growth for our stakeholders
Driving growth for our stakeholders 13
Slide 25: Driving growth through a virtuous investment cycle
Driving growth through a virtuous investment cycle Raising capital and gathering assets 1 1 Managing and optimising portfolio These will in turn boost fund raising Creating deal flow funnel and building quality and asset gathering 2 pipeline at speed and scale Converting deals into quality investmen
Slide 26: Scaling up FUM and asset management fees
Scaling up FUM and asset management fees Funds Under Management Asset Management Fees Multiple avenues of growth Real Estate Infrastructure Connectivity Real Estate Infrastructure Connectivity Aligned and incentivised team $267m $200b Hunt as OneKeppel ~2x ~4x Scale existing flagship products
Slide 27: Multi-asset portfolios in sectors fuelled by macrotrends
Multi-asset portfolios in sectors fuelled by macrotrends Category No Funds / SMAs FUMi 1 Keppel Asia Infra Fund (KAIF) Infrastructure $5.6b 2 K Private Credit Fund 3 Alpha Asia Macro Fund Trends Fund (AAMTF) III 4 Alpha Asia Macro Fund Trends Fund (AAMTF) IV 5 Alpha Asia Separate Account 6 German RE
Slide 28: Listed REITs and business trust
Listed REITs and business trust Market No Listed REITs/Trust AUM No of assets Geographic presence capitalisation Singapore, Australia, 1 Keppel REIT $3.4b $9.2b 12 South Korea, Japan Singapore, Australia, China, Malaysia, 2 Keppel DC REIT $3.6b $3.7b 23 Germany, Ireland, Italy, The Netherlands, Unit
Slide 29: Well-positioned to create strong value
Well-positioned to create strong value Strong investment Over 20 years track record in managing private funds with track record seasoned management team Differentiated value proposition Global alternative real asset manager with strong operating for investors capabilities, creating solutions for a s
Slide 30: Connecting investors with strategic real assets
We are connecting investors with strategic real assets across infrastructure, real estate and connectivity that produce strong inflation-protected cashflows amidst the volatile global environment. 19
Slide 31: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR
Slide 32: Empowering a low carbon, sustainable future
INVESTOR DAY, 14 AUG 2023 Empowering a low carbon, sustainable future Ms Cindy Lim CEO, Infrastructure Division
Slide 33: We are operating in a large addressable market
We are operating in a large addressable market… Large, growing Asia GHG emissions coupled …translate into US$4-5t expected addressable with ambitious emission targets (GtCO2e)… market for sustainability solutions in Asia by 2030 Addressable market (US$ b) 35i Transport 900-1,100 Power 500-800 27 Bui
Slide 34: Our infrastructure operating platform
Our infrastructure operating platform Integrated Power Business (IPB) Decarbonisation and Sustainability Solutions End-to-End Energy Low Carbon Environmental Energy-as-a-Service Infrastructure Alternatives Solutions (EaaS) • Established developer and operator of energy • Global leader and solution p
Slide 35: Robust infrastructure operating platform generating long-term recurring income
Robust infrastructure operating platform generating long-term recurring income Energy portfolioi Stable power contracts Long-term supply & services Renewables >99% of our customers are $1.2b of new EaaS contracts were ~3.0 GW locked in on fixed or indexed secured in 1H23 across Singapore, Convention
Slide 36: Scaling up our infrastructure platform
Scaling up our infrastructure platform Key Drivers Our Competitive Advantage • Over 20 years experience providing integrated energy Streamlined businesses Growth and environmental solutions Leverage group’s synergies Riding on asset-light strategy • High profile and large-scale development tra
Slide 37: Building a strong position in our power business
Building a strong position in our power business First player to successfully import low-carbon electricity Commenced construction of Singapore’s first 600MW into Singapore hydrogen-ready CCGTiii power plant >260 GWh imported 1 GW LTMS-PIPi: Conditional Approval Pioneered first cross- from EMA to im
Slide 38: Growing market leadership
Growing market leadership Generation Capacity (MW) Emission Intensity (tCO2/MWh) Avg fleet age (Yrs) Genco A 2,800 19 Genco B 2,800 15 -9% ii ii -26% 2,500 9 Potential 1,900 i 11i Pro Forma Genco C 1,800 18 0.40 0.37 1,300 13 <0.27 Genco D 1,200 18 iii SG Grid Intensity Keppel Keppel Genco E 800 10
Slide 39: Keppel is a first mover in developing low-carbon energy solutions
Future-ready: Keppel is a first mover in developing low-carbon energy solutions CQ-H2 Partners Joined the CQ-H2 project consortium to develop one of the largest Partnering Mitsubishi to carry out a feasibility study on green hydrogen projects in Australia; Partnering Incitec Pivot Limited developmen
Slide 40: Leveraging market presence to grow environmental business
Leveraging market presence to grow environmental business Europe Asia Keppel Seghers platform has a solid industry track record • Headquarters of • Home ground with Notable wins ~50% Keppel Seghers solid development ~$1.5bi Technology Centre track records Singapore • Significant • Nascent market IWM
Slide 41: Inherent edge in integrated waste management
Inherent edge in integrated waste management End-to-end value chain Developing next generation technology to accelerate decarbonisation & circular economy efforts Chairing the European Supplier of Waste to Energy Technology Developer EPCM Operator (ESWET) CCUS working group Proprietary Technology Un
Slide 42: EaaS - Strong momentum since inception in 2021
EaaS - Strong momentum since inception in 2021 Target new markets in Asia Scaleable operating model Refrigeration ton (RT) capacity targets 2.0x 300,000 214,000 Singapore 149,000 • >20 years of DCS i experience 2021 1H23 2030 Rest of Asia Goal • 171,000RT designed 214k • New contracts signed in capa
Slide 43: EaaS: Bolstered by Keppel's know-how and innovation track record
EaaS: Bolstered by Keppel’s know-how and innovation track record Operations Nerve Center Next Generation High Efficiency Cooling Medium IoT enabled utilities with AI/ML algorithms for command, Usage of Phase Change Material (PCM) to boost energy control and resource optimisation efficiency of distri
Slide 44: Our integrated model delivers superior stakeholder value
Our integrated model delivers superior stakeholder value Develop & Manage/ Co-own/ Build Operate Divest Keppel Sakra Cogen: Singapore’s first Hydrogen-ready power plant In-house Recurring Asset Light Capital Recycling Expertise Operating Income Origination, O&M fees and Co-invested by KAIF Potential
Slide 45: Key takeaways
Key takeaways Gas-Fired Capacityi (MW) Import Capacityiii (MW) 01 02 92% 1,100 Tailwinds – growing On track to transform MW addressable markets into Decarbonisation present opportunities and Sustainability 2,500 1,100 to scale up to be a Solutions play 1,300 1,900 100 Global Champion 0 2021 1H23 203
Slide 46: Accelerating the expansion of our infrastructure operating platform
We are accelerating the expansion of our infrastructure operating platform and driving the adoption of solutions for a low carbon, sustainable future. 15
Slide 47: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR
Slide 48: Shaping the future of real estate
INVESTOR DAY, 14 AUG 2023 Shaping the future of real estate Mr Louis Lim CEO, Real Estate Division
Slide 49: Strong track record in real estate development and management with a strong Asia focus
Strong track record in real estate development and management with a strong Asia focus 01 Asia's premier real estate player, with over 40 years Beijing Tianjin Seoul of development expertise China South USA Nanjing Tokyo Korea Japan Multiple cities Chengdu Wuxi Shanghai 02 Over 30 years in China, in
Slide 50: Leading edge real estate capabilities
Leading edge real estate capabilities Premium commercial assets in key Asian cities Award-winning residential developments Keppel South Central, Park Avenue Central, Keppel Bay, Singapore Singapore Shanghai Marina Bay Financial Centre, Saigon Centre, Waterfront Residences, Celesta Avenue, Singapore
Slide 51: Providing best-in-class, innovative urban space solutions
Providing best-in-class, innovative urban space solutions Established development New living, working and Digital operation platforms capabilities retailing solutions Building on long track record of property Sharpening operating capabilities Leveraging technology to development through asset light
Slide 52: Embracing new business models and solutions with a focus on recurring income
Embracing new business models and solutions with a focus on recurring income Sustainable Urban Renewal Senior Living Urban Solutions Immediate flagship Nearshore Solutions Retail Urban Living Differentiating ourselves through 4 enablers … 01 02 03 04 Sustainability Digitalisation Customer Centricity
Slide 53: Sustainable Urban Renewal (SUR)
Sustainable Urban Renewal (SUR) 6
Slide 54: Large addressable market of existing buildings to decarbonise
Large addressable market of existing buildings to decarbonise Existing operating buildings have a significant carbon footprint; can be reduced through retrofitting 1 2 Buildings are estimated to account for an average of The bulk of a building’s carbon emissions 52% of carbon emissions in select Asi
Slide 55: Opportunities to reposition corporate real estate
Opportunities to reposition corporate real estate to cater to evolving user preferences Structural shifts in what tenants demand of their building … 01 02 03 Attracting & Meeting the needs Sustainability retaining talents of Future of Work Greater commitment Greater requirements on Amenities caterin
Slide 56: Captured through Keppel's suite of solutions
Captured through Keppel’s suite of solutions Combined effect is a productive office environment that companies are willing to pay for, managed judiciously to enhance profitability for our investors Asset Enhancement Asset Operations Asset Management with focus on sustainability & desirability operat
Slide 57: Brought to life through our upcoming assets
Brought to life through our upcoming assets Keppel South Central: a next generation, super-low energy smart commercial building with round- the-clock facilities, enabling talents of tomorrow to work anywhere, anytime, in the way they want SUR solutions applied Energy & Water High-efficiency cooling
Slide 58: Differentiated capabilities broaden moat
Differentiated capabilities broaden moat Only operator1 that brings people, technology and processes together to drive both NOI and sustainability branding uplifts People Technology • Deep domain knowledge • Continual sourcing and testing • Human experience • AI and data driven • Quantifiable result
Slide 59: SUR assets deliver significant uplift in financial performance
SUR assets deliver significant uplift in financial performance Keppel Bay Tower (Singapore) delivered 31% NOI growth Short time to stabilisation for The Kube (Shanghai) Vs. comparable buildings in Alexandra precinct Keppel Bay Tower The Kube5 $M 2018 2019 2020 2021 2022 $M 2019 2020 2021 2022 AEI ca
Slide 60: Continual deployment & sharpening of differentiator
Continual deployment & sharpening of differentiator Implementing SUR in Keppel’s assets under management SUR applied on assets1 with combined value of $7.3b This includes: Samhwan Kohinoor Keppel South Central Park Avenue Central Seoul, Korea Pune, India Singapore Shanghai, China Strong pipeline und
Slide 61: Senior Living
Keppel (hurry elites) Senior Living 14
Slide 62: Global growth supported by strong market drivers
Global growth …with a compelling story in Asia Pacific supported by strong market drivers… US & EU Asia Pacific Ageing population Mature markets with many Japan, South Korea and Australia: • players, market dominance by well established players with quality products several operators, both publicly
Slide 63: Capturing opportunities in developed and emerging markets
Capturing opportunities in developed and emerging markets Developed markets Emerging Asia • Great potential for scale with strong M&A liquidity • Nascent market with different cultures, but trend of rising and available portfolios ageing population and growing affluence • Anticipated undersupply of
Slide 64: Building integrated suite of senior living solutions in China
Building integrated suite of senior living solutions in China as first entry to Asia Flagship high-end assisted living facility in Nanjing Making inroads in China and asserting legitimacy • Opening flagship assisted living facility in Nanjing in 4Q23 • Onboarding operational competency, with experie
Slide 65: Shaping the future of real estate
We are shaping the future of real estate, creating smarter and more customer-centric solutions through our offerings in sustainable urban renewal and senior living. 18
Slide 66: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR
Slide 67: Redefining solutions for a digital world
INVESTOR DAY, 14 AUG 2023 Redefining solutions for a digital world Mr Thomas Pang CEO, Data Centres & Networks Division
Slide 68: Surging data demand in the new digital era
Surging data demand in the new digital era 1 2 Booming artificial 3 Increasing power, density Hyperscalers as key driver intelligence (AI) market and ESG requirements CAGR of hyperscaler market from 28% US$80b in 2022 to US$935b by 32% YoY Higher bandwidth and <1.3 PUE of new DCs in Singapore5 ~US$1
Slide 69: Actively develop and invest in key growth engines
Actively develop and invest in key growth engines Turbocharge Strategic extensions of Value creation our DC & network business our DC & network business Strategic growth plan Innovation Creating a connectivity hub with ASEAN as the focal node • Expanding our global footprint • DataPark+ (Net Zero DC
Slide 70: Our operating presence and expansion plan
Our operating presence and expansion plan Established footprint across 7 countries, with 4 new target markets in Asia Pacific and Europe; highly targeted approach focused on high growth markets with strong customer demand United Kingdom Netherlands EXPANSION STRATEGIES Korea China Japan Deepen footh
Slide 71: Continual deployment and key wins
Continual deployment and key wins Assets developed together with private funds Total FUM Ready for service Under development US$2.1b Alpha Data Centre Fund Fully deployed; fund in harvesting phase IndoKeppel Huizhou DC, Keppel DC Keppel DC Huailai DC, Shanghai DC 1 Keppel DC Fund II DC 1, Bogor Guan
Slide 72: DataPark+
DataPark+ A scalable and efficient, modular data centre park concept to support the growth of the digital economy. ONEKEPPEL COLLABORATION - Leveraging capabilities of Real Estate and Infrastructure divisions to carry out urban planning and development of the campus and bring in net zero power and i
Slide 73: Subsea cable market trends
Asia Subsea cable market trends High connectivity demand across Asia, Transpacific and the Middle East Our Focus: ASEAN Hub Middle East Intra-Asia USA (Bifrost Cable System)
Slide 74: Bifrost subsea cable system
Bifrost subsea cable system Enabling data centres with the world’s largest capacity high-speed optical cable and subsea connectivity hub across the Pacific Ocean and beyond Keppel’s share of total project cost ~US$350m Achieved financial close with co-investors taking 60% stake in Keppel’s share of
Slide 75: We build trust by delivering reliable and sustainable infrastructure
We build trust by delivering reliable and sustainable infrastructure competitively, better and faster for the digital economy. Green X Smart X Connected = Sustainable 9
Slide 76: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR
Slide 77: Driving digital connectivity
INVESTOR DAY, 14 AUG 2023 Driving digital connectivity Mr Manjot Singh Mann CEO, M1
Slide 78: Changing Singapore's way of telecommunications
Changing Singapore’s way of telecommunications 1 A digital st Telco with made-to-measure offerings and 2 nd largest mobile operator in Singapore as customer base grew enhanced customer experience 12.5% year on year Wins from M1’s multi-year digital transformation journey… Highly- Monetising 5G Enter
Slide 79: M1's first-of-its-kind digital platform
M1’s first-of-its-kind digital platform An innovative and customer-centric service model that improves customer acquisition and lowers the cost to serve Subscribers migration • 1,000,000+ subscribers migrated successfully to date Omnichannel consumer experience • Stronger customer engagement with al
Slide 80: Empowering industries and consumers with 5G
Empowering industries and consumers with 5G Driving 5G applications Cloud native digital platform • Nationwide 5G coverage and 5G SA offshore • Migrating customers to new platform, which coverage for Southern Cost of Singapore allows subscribers to enjoy 5G plans, and cloud services, as well as impr
Slide 81: Fast tracking enterprise business through M&As
Fast tracking enterprise business through M&As Key considerations for strategic target acquisitions Existing customer Specialised Ecosystem of base capabilities M&A targets Access to M&A target’s Access to M&A target’s Access to M&A target’s customer base across talent pool would technical partners
Slide 82: Growing enterprise business
Growing enterprise business Acquisition and regional expansion 1 Strong synergies with Keppel’s Acquisition of AsiaPac and Glocomp extends M1’s hybrid multi-cloud Data Centres & Networks Division competencies, and increases focus on technologies such as 5G, digital and • Creating hybrid cloud soluti
Slide 83: Harnessing synergies as OneKeppel
Harnessing synergies as Digital workplace transformation Hybrid multi-cloud enterprise & business process automation infrastructure platform Synergistic projects Secured Data Management-as-a- Enterprise helpdesk managed Service services Winning key strategic projects Multi-access edge computing Show
Slide 84: We are a cloud native connectivity platform
We are a cloud native connectivity platform, driving growth through providing best-in-class 5G solutions for consumers and enterprises. 8
Slide 85: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR