Yeo Hiap Seng Ltd · SGX:Y03
Yeo Hiap Seng — Shareholder Meeting (April 2026)
45 slides from Yeo Hiap Seng's shareholder meeting presentation, Apr 29, 2026
Slide 1: Yeo Hiap Seng Annual General Meeting 29 April 2026
Slide 2: Important Notice
Important Notice eos} Information in this presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties
Slide 3: Financial Highlights
Financial Highlights Annual General Meeting 29 April 2026
Slide 4: FY2025 vs FY2024 Financial Results
$ million FY2025 FY2024 Y/Y Y/Y % Group Revenue 292.4 328.6 (36.2) -11.0% Yeo's F&B Revenue 276.1 299.5 (23.4) -7.8% Gross Profit (GP) 92.1 109.0 (16.9) -15.5% GP Margin 31.5% 33.2% -1.7pp Profit After Tax (PAT) 21.1 6.9 14.2 > 100% PAT Margin 7.2% 2.1% 5.1pp EPS (S cents) 3.38 1.11 > 100%
Slide 5: Balance Sheet 31 December 2025
S$ million 31-Dec-25 31-Dec-24 Var Total assets 683.6 712.4 (28.8) Cash and cash equivalents 45.3 122.0 (76.7) Other financial assets (fixed deposits > 3 months) 145.6 79.1 66.5 Cash at Bank 190.9 201.1 (10.2) Trade and other receivables-current 88.4 74.5 13.9 Inventories 49.4 56.8 (7.4) Assets held
Slide 6: Cash Flow FY2025
S$ million FY2025 FY2024 Operating Cash Flow +1.8M Beginning cash and cash equivalents 122.0 64.1 • Lower cashflow from operations mainly due to lower revenue Net cash flow from operating activities 1.8 22.2 Capital expenditure, net (7.5) (8.1) Investing Cash Flow -$61.5M Net cash flow (used in)/ fr
Slide 7: Business Highlights
Business Highlights * Review of 2025 ¢ Home Markets Update * International Markets Update * New Products ¢ Awards & Recognition
Slide 8: Review of 2025
Review of 2025 ryeos J External environment became increasingly complex & unpredictable. Cost-of-living pressures, currency volatility, geopolitical tensions in Cambodia, Ukraine, Palestine, US tariffs created significant headwinds across our operating markets. Evolving impact of the US-Iran conflic
Slide 9: Pace of Yeo's transformation must exceed external impact for sustained growth
Pace of Yeo’s transformation must exceed external impact for @ sustained growth ¢ Accelerate Innovation through Adaptive Portfolio Launching smaller pack sizes to address affordability for lower-income consumers, while scaling premium, with differentiated higher-margin products for the growing middl
Slide 10: Mitigation Efforts
Mitigation Efforts: yeos J * Focus on short term cost reduction on materials purchase, internal spending and manpower productivity * Prioritise investment to protect market shares & toplines growth * Long term structural productivity improvement plans with focus on qualifying new supply chain, organ
Slide 11: Home Markets: Singapore & Malaysia
Slide 12: 1. START Young: Youth Penetration to Build Future Consumers
1. START Young: Youth Penetration to Build Future Consumers
Slide 13: 1. START Young: Strengthening Children's Portfolio for Growth
1. START Young: Strengthening Children’s Portfolio for Growth
Slide 14: 1. START Young: Building Reach Through Schools Collaboration
1. START Young: Building Reach Through Schools Collaboration Partnership with Malaysia's Ministry of Education engaged 300,000 primary students through the “Amazing Generation with Yeo's SuperSprouts™” initiative
Slide 15: 1. START Young: Build Youth Affinity Through Malaysia's Future Chefs
1. START Young: Build Youth Affinity Through Malaysia’s Future Chefs CaraMu Culinary Wars collaboration with Taylor’s University attracted strong participation
Slide 16: 1. START Young: Youth Engagement via Gen Tea Youth Marketing
1. START Young: Youth Engagement via Gen “Tea” Youth Marketing @ Reimagined NRIC “T” prefix to rally young tea lovers around Yeo's First Harvest Green Tea 4
Slide 17: 1. START Young: Championing Youth Through Role Models in Sport
1. START Young: Championing Youth Through Role Models in Sport Youth engagement through Max Maeder, aerial athletes, SDSC para swimmers and hydration sponsorship of the World Para Swimming Championships
Slide 18: 2. Drive Festive: Retail Partnerships Drove Footfall and Social Buzz
2. Drive Festive: Retail Partnerships Drove Footfall and Social Buzz Recycled-boitle Fortune Cat displays drove festive attention with FairPrice, while Astro MYFM enabled deeper connection with younger Malaysian audiences
Slide 19: 2. Drive Festive: Community-Led Partnerships
2. Drive Festive: Build Connections with Community-Led Partnerships Community Iftar Gatherings with Mydin enabled authentic engagement that strengthened brand relevance and festive demand
Slide 20: 2. Drive Festive: Driving Ramadan Engagement With Influential Voices
2. Drive Festive: Driving Ramadan Engagement With Influential Voices Recipe-focused partnerships with Aisha Retno and Khairul Aming strengthened brand resonance with Muslim households
Slide 21: 3. Community Outreach: Supporting Tourism Through Mixology
3. Community Outreach: Supporting Tourism Through Mixology Malaysia: National Mocktail Championship brings Bandung Pandan Spritz (with Yeo's Lychee & Coconut) to hotels nationwide
Slide 22: 3. Community Outreach: Serving Communities in Singapore
3. Community Outreach: Serving Communities in Singapore Supporting the community with Mobile Groceries, working with HRHS Mobile Charity i 0
Slide 23: Business Highlights in 2025: International Markets
Business Highlights in 2025 International Markets Portfolio Expansion: Affordability & Local Relevance . Step Up Execution: More Distribution in Modern Trade (USA/EU) Brand Building via Digital & Community Engagement
Slide 24: 1. Portfolio Expansion: Affordable Pack Formats in Cambodia
1. Portfolio Expansion: Unlocking Penetration via Affordable Pack Formats in Cambodia: Yeo’s 125ml Soymilk Launch @ 1000 Riels
Slide 25: 1. Portfolio Expansion: Build Future Growth Through Young Kids
1. Portfolio Expansion: Build Future Growth Through Young Kids Testing new formats and trend-led flavours designed to resonate with Gen Z and young families, strengthening penetration within future growth segments ¥ : 7 |
Slide 26: 1. Portfolio Expansion: Champion Youth Through National Sporting
1. Portfolio Expansion: Champion Youth Through National Sporting Role Models sponsorship with Visakha Football Club with PET bottle
Slide 27: 2. More Distribution: USA & Europe White Space Expansion
2. More Distribution: USA & Europe. White space expansion to Mainstream Grocers in UK Sainsbury and USA Costco Yeo's Laksa Paste 185g Yeo's Nasi Goreng Paste 4,915 (10) Bas 4.615 (14) £1.80 £9.73/kg £1.80 £9.48 /kg £2.00 £10.84 /kg £2.00 £10.53 /kg
Slide 28: 3. Brand Building via Digital: Activation via Live-Streaming
3. Brand Building via Digital: Activation via Live-Streaming China/Cambodia: Unlocking live-streaming as a growth engine
Slide 29: 3. Brand Building via Community Engagement
3. Brand Building via Community Engagement Yeo's supports The Growing Special Education School (GSES], the country first specific structure to build a new school for children with autism = le! Seeewiieee anal
Slide 30: 3. Brand Building via Community Engagement
3. Brand Building via Community Engagement Yeo’s US participated in product giveaway to the youth community of VISION Chicago 5KRun, in an effort to help youth in Chicago's Greater Chinatown community CHICAGO y 1 CHINATOWN 5K
Slide 31: Business Highlights in 2025: New Products
Business Highlights in 2025 New Products: Nourishing Growth with Purposeful Innovation SPEED: Test & Learn Fast 1. Categories: Jelly/Food 2. Drive Functional Benefit: Tea, Plant Based 3. Format: Pouch, Smaller packs
Slide 32: Expanding Growth Through Healthy Kids Beverage Innovation
Expanding Growth Through Healthy Kids Beverage Innovation Yeo’s JellyBuddies — Chia Seed Jelly for Happy Gut
Slide 33: Tea Innovation
Tea Innovation ryeos J Yeo's White Peach Tea for tea lovers who wanta refreshing tropical twist No Added Perservatives ie Made from White Peach Juice @ Se
Slide 34: China-Led Innovation
China-Led Innovation: Fis] Refreshing Botanicals, Wellness Teas es peste (AREER HD)
Slide 35: Plant-Based Innovation
Plant-Based Innovation Yeo's Immuno Soy Milk No Added Sugar ‘SMOOOOTH DAYS START WITH YOUR FIRST SIP. Goon For ME,
Slide 36: Cooking Paste Innovation
Cooking Paste Innovation: Nyonya Curry Paste, Spicy Tamarind Paste & Spicy Flame-Grilled Marinade ‘* | This cookingjpaste issupen convemient justtuang, tambah dan in) a f E Mooncookit ‘
Slide 37: Cintan Restage
Cintan Restage: Revitalised with refreshed packaging and firmer, springier texture PERADUAN ran 0 J enone Malaysia sejok 1969 aa oR! Seafood sorts
Slide 38: Awards & Recognition
Business Highlights in 2025 Awards & Recognition (Build Internal/External Confidence) ¢ Marketing Awards ¢ Sales Awards
Slide 39: Awarded FMCG Asia Award for Campaign of the Year (Gen Tea)
Awarded FMCG Asia Award for Campaign of the Year (Gen Tea) ryeos J and Consumer Good of the Year for Non-Carbonated Beverage _
Slide 40: Recognised as #1 Beverage Supplier 2025 by Retailers
Recognised as #1 Beverage Supplier 2025 by Retailers Malaysia: #1 Beverage Supplier as voted by our customers — Advantage Group Advantage_
Slide 41: Outlook
Outlook
Slide 42: Our Strategic Directions — Home Market
Our Strategic Directions — Home Market ryeos J Grow Yeo’s Food and Beverage Profitably via: ¢ INNOVATE for the YOUNG/YOUTH by creating a viable new business pillar behind Tea, Protein & Functional Benefit Approach ¢ IMPROVE Gross Margins through Channel, Pack type & Format Mix ¢ TIGHTEN Cost, improv
Slide 43: Our Strategic Directions — International Markets
Our Strategic Directions — International Markets ryeos J ¢ INNOVATE with Consumers Meaningful Products focusing on Affordability & country demographic Relevance ° Strengthen DISTRIBUTION by expanding into white space with Modern Trade Channels (especially in USA/EU) ¢ PRIORITISE DIGITAL Channel thro
Slide 44: Our Strategic Directions (System & People)
Our Strategic Directions (System & People) ryeos J Choiceful Investment to: e Sales: Harness External Partnership to accelerate & expand innovation ¢ Cost: Drive long term scale & efficiency by moving through Re-Configuration of supply network ¢ Capability: Transform Organisation with Digital tools
Slide 45: Thank You
’ Thank You y