Sia Engineering Co. Ltd. · SGX:S59
Sia Engineering — FY2025/26 Earnings Presentation
25 slides from Sia Engineering's earnings presentation, May 12, 2026
Slide 1: FY2025/26 Review
Bolstering Resilience, Investing in Growth FY2025/26 REVIEW 12 May 2026
Slide 2: Operational Review
Bolstering Resilience, Investing in Growth OPERATIONAL REVIEW
Slide 3: Core Business
CORE BUSINESS Line Maintenance Base Maintenance Component Services Engine Services • 6 hangars in Singapore • 153 aircraft from 6 • CFM LEAP Quick Turn (QT) • 39 airports in 9 customers under countries • 3 hangars in the • Engine test cell facility Philippines Inventory Technical Management • 2 hang
Slide 4: Line Maintenance
LINE MAINTENANCE Healthy Flight Activity • Number of flights handled in FY2025/26 increased by 3.3% year-on-year • TIA Engineering Services Company Limited (TES) commenced Line Maintenance operations at the new Techo International Airport in Cambodia in September 2025 • SIA Engineering Philippines (
Slide 5: Base Maintenance
BASE MAINTENANCE Steady MRO demand Singapore Base Subang Base (Malaysia) (Number) FY25/26 FY24/25 • More heavy checks • First of two hangars operational; first aircraft Light Checks* 604 656 check was an A350 heavy check Heavy Checks 78 75 • Second hangar on track to be operational by 2H FY2026/27,
Slide 6: Component Services
COMPONENT SERVICES Continued growth in component MRO volume and capacity • Component work orders completed increased year-on-year • Progressive increase in wheel shop capacity by 25% through automation and expansion, targeted for full completion in Q3 FY2027/28 • Lower number of aircraft under the I
Slide 7: Engine Services
ENGINE SERVICES Steady performance and expanding capabilities • Aircraft Engine Services delivered its 150th CFM LEAP-1A Quick Turn engine since the start of operations in April 2022; engine inductions increased 20% year-on-year • Delivered 1st LEAP-1B Quick Turn • Number of engines tested at Engine
Slide 8: Key Customer Contracts
KEY CUSTOMER CONTRACTS Growth in third-party customers Line Maintenance Line Maintenance International New Contracts New Contracts Renewals Renewals Base Maintenance Base Maintenance International Expansion of Service Coverage New Contract New Contracts Expansion of Service Coverage (SIAEP) (BMM) (S
Slide 9: Strategic Partnership Portfolio
STRATEGIC PARTNERSHIP PORTFOLIO 25 subsidiaries and joint ventures across 9 countries with total revenue of S$11.2B in FY2025/26 • Engine JVs continued strong performance with higher throughput • Component JVs saw increase in work volumes, which drove revenue growth Engine and Component • SAESL: Con
Slide 10: Continuous Improvement
CONTINUOUS IMPROVEMENT Strengthening our core business & bolstering resilience Enterprise Digitalisation CI Culture Operating and Programme System (EOS) Innovation • EOS is being implemented in 80% of • Rolled out digital task cards in Line • A key enabler to support Business Units (BUs) Maintenance
Slide 11: Sustainability
SUSTAINABILITY Strengthening ESG Framework Clean Energy and Electrification Corporate Social Responsibility Clean Energy • Participated in Community Chest • Additional solar panels installed on sheltered “Season of Blessings” event in • Commence reporting in accordance walkway and carport in FY2025/
Slide 12: Financial Review
Bolstering Resilience, Investing in Growth FINANCIAL REVIEW
Slide 13: Summary of FY25/26 Group Results
SUMMARY OF FY25/26 GROUP RESULTS 21% increase in Group profit after tax driven by robust MRO demand FY25/26 FY24/25 Variance $’M $’M $’M % Group revenue 1,422.9 1,245.1 177.8 14.3 Group expenditure 1,393.5 1,230.5 163.0 13.2 Group operating profit 29.4 14.6 14.8 0101.4 Share of profits of
Slide 14: Analysis of FY25/26 Group Profit
ANALYSIS OF FY25/26 GROUP PROFIT $’M +26.7 -12.2 30.0 168.9 +14.8 Lower interest income, higher 29.3M 139.6 Strong demand; taxation and loss 20.0 higher output and on liquidation of Improved margins NGN2 operating performance was partially offset by gestation costs of new startups Operating Non-oper
Slide 15: Breakdown by Halves
BREAKDOWN BY HALVES Healthy growth trend Group operating Share of profits of associated Group profit profit and joint venture companies after tax ($’M) ($’M) ($’M) 168.9 145.3 139.6 118.6 29.4 14.6 FY24/25 FY25/26 FY24/25 FY25/26 FY24/25 FY25/26 Change +14.8 +26.7 +29.3 y-o-y 101.4% y-o-y 22.5%
Slide 16: Analysis of FY25/26 Group Revenue
ANALYSIS OF FY25/26 GROUP REVENUE Revenue increase reflects robust MRO demand FY25/26 Airframe overhaul Engine and and line maintenance component 1200.0 $56.6M, 6.2% $121.2M, 36.4% $’M 1000.0 968.9 912.3 Airframe overhaul and line 454.0 maintenance 800.0 $1,422.9M (32%) Engine and component +$17
Slide 17: Analysis of FY25/26 Group Expenditure
ANALYSIS OF FY25/26 GROUP EXPENDITURE Rate of increase in expenditure (including startup costs at new subsidiaries) was lower than the growth in revenue FY25/26 Staff costs Material costs $63.0M, 10.4% $49.8M, 18.3% $’M 666.5 603.5 700.0 178.3 600.0 500.0 (13%) 226.9 400.0 321.8 272.0 300.0 - (1
Slide 18: Profit by Segments
PROFIT BY SEGMENTS Losses in Subsidiaries due to start up costs Airframe & Engine & Component Line Maintenance FY25/26 FY24/25 Variance FY25/26 FY24/25 Variance $M $M $M $M $M $M Group operating profit 39.1 27.2 11.9 (9.7) (12.6) 2.9 - Company 55.2 29.2 (19.1)* (20.5) - Subsidiaries (16.1) (2.0)
Slide 19: Balance Sheet
BALANCE SHEET Increase in shareholders’ funds mainly due to profits earned during the year, partially offset by foreign currency translation reserve and dividends paid 31 Mar 26 31 Mar 25 Variance $’M $’M $’M % Equity attributable to owners of the parent 1,755.4 1,720.4 + 35.0 + 2.0 Cash and bank ba
Slide 20: Earnings Per Share and Final Dividend
EARNINGS PER SHARE AND FINAL DIVIDEND Proposed final dividend of 8.5 cents per share FY25/26 FY24/25 (cents) (cents) Basic earnings per share 15.09 12.46 Interim Dividend (per share) 2.5 2.0 Final Dividend (per share) 8.5 Proposed 7.0 Total Dividend (per share) 11.0 9.0 • Earnings per share improved
Slide 21: Outlook
Bolstering Resilience, Investing in Growth OUTLOOK
Slide 22: FY25/26 at a Glance
FY25/26 at a Glance SCALE CAPACITY 1 AND CAPABILITIES 2 GROW OVERSEAS 3 STRENGTHEN THE CORE Expanding capacity and Tapping on AP AC’s grow ing Staying agile and com petitive; supporting next-generation M R O dem and reinforcing our foundation aircraft Capacity Expansion Malaysia Process Excellence S
Slide 23: Navigating the Middle East Crisis with Strategic Agility
NAVIGATING THE MIDDLE EAST CRISIS WITH STRATEGIC AGILITY Background The Middle East crisis has disrupted intercontinental airline connectivity and global supply chains Impact • Moderate near-term impact on demand • Cost impact – energy and freight costs • Protracted conflict may have deeper implicat
Slide 24: Our Priorities Ahead
OUR PRIORITIES AHEAD Safety and quality as our foremost priority Focus on strategic investments that drive Continue the rollout of digital tools and long-term growth, while continuously deepen the use of AI in our work processes enhancing our core services 24
Slide 25: Thank you
Thank you SIA ENGINEERING COMPANY 1 ee Ss » SIA ENGINEERING cOmPAnY
SIA Engineering Company — FY2025/26 Earnings Presentation on 6ix