Gt Capital Holdings, Inc. · PSE:GTCAP
Gt Capital — FY2022 Earnings Presentation
42 slides from Gt Capital's earnings presentation, Mar 24, 2023
Slide 1: Full Year 2022 Financial and Operating Results Briefing
Full Year 2022 Financial and Operating Results Briefing via Zoom Friday, 24 March 2023 2:30PM For more information, Visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph 1
Slide 2: Macroeconomic Indicators
GT Strength in Adaptability GT CAPITAL Full Year 2022 Macroeconomic Indicators
Slide 3: Macroeconomic Indicators: PHL economy continues to recover
Macroeconomic Indicators PHL economy continues to recover & GDP GDP Quarterly (%YoY) ST CAPITAL PH GDP exceeded estimates 12.0 FY22 Est. 7.6% ry 2022 7.8 8.2 7.5 5.6 5.5 6.0 6.4 ; 9.08 Bloomberg Consensus 6.7% vs. 6.7% Bloomberg ina 6.9 Ff 2 Consensus pe eenees ee _—— — : MBT Research 6.8% 5.6% FY 2
Slide 4: PHL economy continues to recover
PHL economy continues to recover OFW BUSDB m %YoY OFW remittance in line with Remittances 3.1% 103% 44% 3.2% 23% 34% 31% 3.6% expectations (In USD B) ; ae. USD36.14B 8.5 8.2 7; = - | BSP 36.3B_ +4% usD34.9B i : EE ! ‘ " 1 ; 1 Consensus 36.2B +4% 20zt a ey 121 2Q213Q21.4Q21.-—-1Q22,-2Q22,-3Q22-4Q22 F
Slide 5: Philippine Peso stabilizing against the US Dollar
Macroeconomic Indicators Philippine Peso stabilizing against the US Dollar USD-PHP [=UUSDPHP —Fed Funds Rate —BSP Key Policy Rate Bloomberg 1Q23 Consensus Rate mae py asl Policy Rates HOOF 58 | BSP: 6.00% PHP -9% 600 5 Dec. 31, 2022 01-Jan to 31-Dec 2023 PHP 55.755/USD 56 | Fed: 5.00% * -16% steepes
Slide 6: Headwinds amidst the recovery
Macroeconomic Indicators & Headwinds amidst the recovery ST CAPITAL Inflation ---PH Inflation US Inflation | CPI expected to remain elevated Institution FY23 Est. 5.8% ‘ BSP 6.0% FY 2022 Average , 7 Bloomberg 5.4% f . 8.6% Consensus Elevated due to: 5.0% to : in disrupt MBT Research é tna fines Peak
Slide 7: Consolidated Financial Highlights
YY Strength in ™ Adaptability GT CAPITAL Consolidated Financial Highlights
Slide 8: GT Capital Financial Highlights FY 2022
GT Capital Financial Highlights FY 2022 Core Php15.9 Billion +45% Consolidated Php18.4 Billion1 +67% Net Income Php11.0 Billion 2021 YoY Net Income Php11.0 Billion 2021 YoY 1. Includes P3.8B FLI’s gain on investment in FNG JV Share in Operating Revenues Revenues Gross Premium Core Income Revenues P1
Slide 9: Exceeding Previous Year's Performance
Exceeding Previous Year's Performance & GT CAPITAL Core Net Income FY 2022 +45% vs. FY 2021 FY 3M 6M 9M FY 3M 6M 9M FY 3M 6M 9M FY Consolidated 2019 2020 2021 _ 2022 Netcome = 20.3 i 67% os 07 a2 OS a1 BF FY 3M 6M 9M FY 3M 6M 9M FY 3M 6M 9M FY ‘©2022 GT Capital investor Relations (12
Slide 10: Income contribution by segment
Others, Property, 6% 7% ‘ing + Auto = 75% Banking + Auto = 67% Note: Excludes adjustments and eliminations ©2022 GT CapitalinvestorRelations Mii ll
Slide 11: Component Company Highlights
YY Strength in ™ Adaptability GT CAPITAL Component Company Highlights
Slide 12: Metrobank
ank You're in good hands Metrob & By Cie MA
Slide 13: Metrobank Summary of Key Messages
@ Metrobank & Summary of Key Messages cere Historic record high net income of Php 32.8B (+48%) Loan growth at +14% (1.8x GDP) Corporate and commercial loans +15% Gross credit card receivables*+27% Improved dividend pay-out over the past three years * Increase in regular cash dividend from Php 1.00/s
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Slide 15: Metro Manila Residential Condominium Supply and Demand
Metro Manila Residential Condominium Supply and Demand mLaunches (Supply) m™ Pre-sales (Demand) 60,000 53K 54K 50,000 42K3K 42 42K 40,000 38K 33193K a 32K a 30,000 - 28 25 2 20,000 -~ 10,000 2015 2016 2017 2018 2019 2020 2021 Units 2022 Residential Demand Mix High End Luxury (over Php12M) @ Upscale
Slide 16: Office Supply and Demand FY2022
Office Supply and Demand FY2022 a Metro Manila Office Supply, Demand, Vacancy Rate Office Demand Mix = BPO mPOGO m Others @ Office Supply (Incremental) m™ Office Take-up (Incremental) —— Vacancy Rate (Cumulative) - _-{15.6% | 117.9%] 118.8% 3.0% 6.0% 5.3% 4.9% 12 4 Ted td 1.0 0.98 10 5 0.9 0.9 0.91
Slide 17: GT Capital Holdings Incorporated
GT CAPITAL HOLDINGS INCORPORATED
Slide 18: Federal Land Financial Highlights FY2022
Federal Land Financial Highlights FY2022 [\FEDERALLAND &» Monthly Reservation Sales (Php M) Reserv Sales Mix 743 Omicron surge Aki ®2022 --2021 -* 2019 (4 in 4Q19) Launch 3,380 (Feb 2022) per r 2,384 7 a 2,215 casi 2,544 6 launches in 2019 618 High End Luxury (over Php12M) Upscale (Php7- 12M) ™ Midd
Slide 19: The Seasons Residences
(FEDERAL 1 NNI) & The Seasons Residences a THE SEASONS 96% inventory take up 86% inventory take up 78% inventory take up 2023 Launch 122
Slide 20: S eT K/
S eT K/
Slide 21: Summary of Key Messages
Summary of Key Messages er canis * Net Income recorded an all-time high at Php 4.5B * Reservation sales grew by +74% to Php18.5B driven by JV projects in BGC * Four completed projects turned over in 2022 * Unlocking the value of the non-Cavite landbank (Mandaluyong, Pasay, and Cebu) with Php 3.8B ga
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Slide 23: Premium Income
Premium Income @-Single Premium = =—®=Regular Premium ] 85,657 85,603 case 103,879 | 22,764 22,378 nae 49,034 1H 2019 1H 2020 1H 2021 1H 2022 , Key Highlights Significant decline in premiums was seen for the industry driven by the volatile market conditions. * Single Premium income dipped by -14% Yo
Slide 24: Life and General Insurance Key Messages
FY 2021: Php6.2B FY 2022: Php3.9B m@ RP-UL @ P&H mw SP-UL ®@ Others Key Messages Life + Market sentiment heavily da walat it volatility ched products to address the customers’ needs contributed to AXA’s growth for 2022. ¢ Health Start Lite * Newly la Pruning FY 2022: Php2.3B FY 2021: Php3.4B G.I. GW
Slide 25: Pacific Investments Financial Highlights
PACIFIC INVESTMENTS Financial F Highlights GT CAPITAL HOLDINGS INCORPORATED
Slide 26: Key Messages
Key Messages * MPIC: FY2022 Core Income increased by 15% to Php14.2 billion driven by improved traffic and toll rates. Energy Sales PH Average Daily Traffic | |, Meralco: Increase in Core Income was driven by +6% +23% | a 6% increase in total energy sales Core Income Core Income | * Shift from resid
Slide 27: Infrastructure Outlook
Infrastructure Outlook METRO PACIFIC NN | VESTMEKTS. GT CAPITAL Estimated Project Completion Dates o CAVITEX— C5 South Link (2024) o CAVITE —- CALAX Link (2024) o CALAX (2024) * Two tollway interchanges in GT Cavite land bank LANCASTER INTERCHANGE DAANG HARI Extension RIVERPARK GT INTERCHANGE *Map o
Slide 28: Financial Highlights
Financial Highlights , GT CAPITAL HOLDINGS INCORPORATED
Slide 29: Key Highlights FY 2022
Key Highlights — FY 2022 OV P183.8B +40% P5.7B -6%* *Excl. TSR Sale in 2021, Net Income flat Wholesale Volume 174,197 37% units Retail Sales Volume 174,106 3 40 units Market Share 50.0% (46.3% in 2021) Outpacing the Auto Industry FY 2022 Industry Retail Vehicle Sales 348, 200 units in 2022 Monthly R
Slide 30: Toyota Retail Sales
Toyota Retail Sa 4 4 ' CONSECUTIVE TRIPLE CROWN Toyota Motor Philippines Toyota Market Share @ 2019 39% 2020 39% 2021 2022 @) Automotive Industry PC vs. CV mix of total Industry Retail Unit Sales) cy 10% 68% 69% 71% mPC 2019 2020 2021 2022 TMP Top Selling Commercial Vehicles (Ranked by units) No.1 P
Slide 31: Sales Growth Supplemented by TFSPH
Sales Growth Supplemented by TFSPH TOYOTA GT CAPITAL Cia TFS Quarterly Applications TOYOTA 208,770 Applications FY22 vive 56,382 pelt, 56,732 eae | 52,958 : Php 1.6 Billion 49,067 49,298 49,251 sel FY 2022 Net Income 43976 4, on9 pal 40,499 ; (All-time High) ante 32,164 +123% yoy 11% Loan Book growt
Slide 32: Widest Full Service Dealership Network
Widest Full Service Dealership Network ToYoTa FU. Retail Sales Distribution =—@Provincial —@Metro Manila 60% 63% 64% 64% e—________—_"—_-+ — ee oie + * » 40% 37% 36% 36% 2019 2020 2021 2022 Dealer Metro Manila Luzon Visayas Mindanao TOTAL | Sales per Outlet @ 19 | 29 | 14 | 11 | 73 | 2,400 Suzuki 19
Slide 33: Toyota CKD Model Performance FY 2022
Toyota CKD Model mance FY 2022 YOTA. Toyota CKD Models 20 Stable production capacity CBU CKD ~2£% in Toyota Sta. Rosa YoY Sales Decline Assembly Plant 30% 64% is Subcompact PC 49,862 Segment Share units assembled — ae FY 2022 +2.5% +34% YoY “355, vs 37% % 63% MPV 48,758 Segment Share units assembled
Slide 34: Toyota models and units sold
RAIZE RAV4 COROLLA CROSS COROLLA ALTIS: HYBRID ELECTRIC VEHICLE HYBRID ELECTRIC VEHICL 13, 279 units FY22 8,966 units FY22 (+103% YoY) TE ACE 7,720 units FY22 i “in _ 1,816 units FY22 Aug Source: TMP ©2022 GT Capital investor Relations Mie t> ali
Slide 35: Toyota and Lexus HEV sales
DO Toyota and Lexus HEV sales Toyota HEV Sales as % of Total Sales GT CAPITAL TOYOTA ercamrn Lexus HEV Sales as % of Total Sales 1.0% 35% 0.6% 0.3% 0.5% ’ 15% 10% 14% & Toyota HEV Unit Sales @ Lexus HEV Unit Sales TOYOTA eas +147% 1830 306 +75% +222% 709 ED Bes st] r “Ty 2019 2020 2021 2022 2019 202
Slide 36: Mobility and Electrification
Mobility and Electrifi * Toyota Motor Philippines, during the Philippines’ state visit to Japan on February 2022, committed to invest Php 4.4 billion for a local production of a Light Commercial Vehicle (LCV). ¢ Mr. Akio Toyoda shared Toyota's multi-pathway approach to electrification, which was not
Slide 37: Automotive Sector Summary of Key Messages
Automotive Sector &) Gi, Summary of Key Messages TOYOTA GT CAPITAL * TMP outperformed the auto market and exceeded its sales target with total sales of 174,106 units +34.3% (vs +24.2% industry) Retained its market leadership with 50.0% share Launched nine new Toyota models and three new Lexus models
Slide 38: Moving Forward
GT Strength in Adaptability GT CAPITAL Moving Forward
Slide 39: ESG Ratings Update: GT performance over time
ESG Ratings Update: GT performance over time ESG RATERS RATING SCALE 2019 2018 . F | TED 20 to 30 No Sustainalytics LOW RISK NEGLIGIBLE RISK ae 0 to 33 34 to 66 S&P Global ES 10 ccc B BB BBB A MSCI res B Leadership - Company has fed best practices in ig climate change. Carbon B . Management - Compan
Slide 40: Ten-year revenue and net income growth by company
15.9 18.4 884 5A i | 65 | a6 202 308 a | = fF ||. |] | [ | FY12 FY22 FY12 FY22 FY12 FY22 FY12 FY22 10% CAGR 10% CAGR 11% CAGR 10% CAGR Revenues (Php B) Net Income (Php B) 1 Revenues (Php B) Net Income (Php B) Revenues (Php B) , = Gi GT CAPITAL Net Income (Php B) _ 85.5 Par 1838 7 (ea 45 Bic gis Hleg
Slide 41: Accelerated growth recovery momentum with core earnings growth of 45%
Accelerated growth recovery momentum with core earnings growth of 45% despite the economic headwinds. Record high net income levels for Metrobank, Federal Land, Toyota Manila Bay, | Toyota Financial Services, and Sumisho Motor Finance Corporation. Introduction of IMV-0 will expand our footprint in n
Slide 42: Thank You!
Thank You! Full Year 2022 Financial and Operating Results Briefing via Zoom Friday, 24 March 2022 2:30PM For more information, Visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph 42