Slide 1: Q4 2025 Highlights
M Aurora, OldKlangRoad FEBRUARY 2026 Q4 2025 Highlights MahSing
Slide 2: Forward-looking statements disclaimer
This presentation contains forward-looking statements that involve risks and uncertainties. These statements are based on current expectations, estimates, forecasts, and projections about the industry, markets, and the company itself. Actual results may differ materially from those expressed or impl
Slide 3: Property Development
Property Development " "King of Urban Housing Projects i, 67 Property Projects ea >60,000 Properties Sold & Delivered 32 Years in Development Greater KL/Klang Valley Johor Key Growth Areas 57% Greater KL / Klang Valley 32% Johor Bahru 1% Penang Mahsing Frnt Spon nan Remaining Landbank 2,707 acres RM
Slide 4: Commitment to Rewarding Shareholders
Commitment to Rewarding Shareholders Proven track record of uninterrupted dividend payments 20-Year Uninterrupted Dividend Payments 2025: 5sen (2024: 4.5sen) 49% 48% 46% 45% 44% 48 43% 2% RS By 43% 42% 40% 41% A% 40% mn 40% 40% 1% Minimum 40% policy 2006 2007. «2008» 2009 2010S 201-=— 2012, 2018S 20
Slide 5: Resilient Sales and Earnings Performance
MahsSing Frnt Spon nan Resilient Sales and Earnings Performance Driven by Strategic Market Positioning and Consistent Execution Historical Sales Trend (RM) 3.4bn 4 3.0bn Weres * — 2.76bn 2.5bn 24bn 2.51bn - —— 2.3bn 2.3bn 2abn 2:3bn to 19% yoy 1.gbn ¥8bn 4.6bn tot 4.5bn 1.5bn 1.5bn : 1 ot RM3.24bn t
Slide 6: Robust Balance Sheet and Liquidity
MahsSing Frnt Spon nan Robust Balance Sheet and Liquidity ¢ Low gearing and competitive funding enhance financial flexibility * Strong cash flow and liquidity support growth 0.24 2019 Low Leverage 0.33 0.25 0.22 0.08 2020 2021 +2022 «2023 Net Gearing (times) Healthy Balance Sheet 0.16 2024 0.26 2025
Slide 7: Strategic Active Land Banking Aligned with Market Dynamics
Strategic Active Land Banking Aligned with Market Dynamics in Key Growth Corridors Year 2025 Year 2024 Year 2023 +RM6.4bn GDV +RM5.1bn GDV +RM5.5bn GDV dg : Tiara Hills Johor Bahru M Cora, Bandar George Town Penang M Tiara 2 JohorBahru M Aria, Sentul M Mira, Setapak Greater KU & y Klang Valley, 9 Ho
Slide 8: 2026 Key Contributing Projects
MahsSing ein spaces Erne ite 2026 Key Contributing Projects Building on M-Series Momentum and Expanding Market Reach with Upgraded M-Series, “M Grand” New Projects Launches: TIARA L i el r lhe of M Aurora Corus Hotel Site M Tiara 2 M Cora Old Klang Road Jalan Ampang Mukim Pulai Georgetown MAspira So
Slide 9: Expanding the Group's Industrial Footprint in Johor
nent Spaces. nance te Expanding the Group’s Industrial Footprint in Johor ‘S_-Johor Bahru | ISKANDAR MALAYSIA SINGAPORE Malaysia Singapore ‘Second Link Cd MS Industrial Park @ Kulai, planned integrated industrial development situated within JS-SEZ With an estimated gross development value of RM2.26
Slide 10: Corus Hotel Site Redevelopment
MahSing Frnt Spaces Ean Corus Hotel Site Redevelopment Debut of our ‘New Premium’ series with a landmark KLCC development Corus Hotel Site, Jalan Ampang THEDGE Lah Sing buys Conse Hotel ate nase KLEC for [RN250m, unvells RM.28b redevelopment * Prime 1.485-acre freehold site within 5 minutes’ walking
Slide 11: Data Centres: Unlocking Land Value & Recurring Income
MahSing ein spaces Erne ite Data Centres : Unlocking Land Value & Recurring Income ° DC Hub@Southville City with 50OOMW Building Load ° Meridin East, Johor Bahru with 300MW Building Load Mah Sing DC Hub @ Southville City Meridin East, Johor Bahru
Slide 12: Manufacturing: Logistics & Warehousing, Plastics Solution
MahsSing PLASTICS Manufacturing: Logistics & Warehousing Plastics Solution * Largest Pallets Producer in Malaysia * Largest Injection Machines Capacity in SEA * Trusted OEM Partner of High Precision Automotive Parts >50 Export Countries wo oa >80 Injection Machines fe 47 Years in Manufacturing Giety
Slide 13: Manufacturing: Gloves
HEALTHCARE Manufacturing: Gloves * Highly automated high-speed facility * 93% export to US for medical, dental, food, industrial & lab industries * In-house R&D capability gs, 12 Production Lines oo4.3bn.. Annual Capacity <=» 45,000... High Speed Lines MahSing ein spaces Erne ite Advanced Technology
Slide 14: Sustainability: ESG Commitments
Sustainability : ESG Commitments FTSE4Good Index FTSE4Good Shariah Index 2016 2017 2018.-«« 2020» 2021-«-2022:«-2023-« «2024 MSCI ESG RATINGS JE Jan-18 Aug-19 Aug-20 Sep-21 Oct-24 Jan-26 Industry average : BBB) AA 2025 ivironme! 1,664.30 kg total waste recycled at Wisma Mah Sing 2,570.91 MT CO2e avo
Slide 15: Delivering Long-Term Value for Stakeholders
MahsSing ‘eh pc Erne i Delivering Long-Term Value for Stakeholders Resilient Operating Model Agile and stable growth through market cycles Py TeshiteMeice Wiel Expanding residential, mixed commercial, industrial, and data Strategies center developments for recurring income Driving Manufacturing Stre
Slide 16: Reinvent Spaces. Enhance Life.
Reinvent Spaces. Enhance Life. ir@mahsing.com.my