Cebu Landmasters, Inc. · PSE:CLI
Cebu Landmasters — Shareholder Meeting (May 2021)
137 slides from Cebu Landmasters's shareholder meeting presentation, May 27, 2021
Slide 1: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 2: Philippine National Anthem
PHILIPPINE NATIONAL AN —_— CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We But BL nvr
Slide 3: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 4: Opening Prayer
OPENING PRAYER —_— CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We auld BL nvr
Slide 5: Stephen A. Tan
STEPHEN A. TAN DIRECTOR ——_— Seana I “ ——_ / | | CEBULANDMASTERS ANNUAL STOCKHOLD it | | We had th You od
Slide 6: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 7: Board of Directors
BOARD OF DIRECTORS — CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We Yeu in Min
Slide 8: Ma. Jasmine S. Oporto
MA. JASMINE S. OPORTO INDEPENDENT DIRECTOR
Slide 9: Ma. Aurora D. Geotina-Garcia
MA. AURORA D. GEOTINA-GARCIA INDEPENDENT DIRECTOR
Slide 10: Rufino Luis T. Manotok
RUFINO LUIS T. MANOTOK INDEPENDENT DIRECTOR
Slide 11: Stephen A. Tan
STEPHEN A. TAN DIRECTOR ——_— Seana I “ ——_ / | | CEBULANDMASTERS ANNUAL STOCKHOLD it | | We had th You od
Slide 12: Joanna Marie S. Bergundthal
JOANNA MARIE S. BERGUNDTHAL DIRECTOR, ASST. TREASURER & VICE-PRESIDENT FOR MARKETING
Slide 13: B. Grant L. Cheng
B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 14: Jose Franco B. Soberano
JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 15: Ma. Rosario B. Soberano
MA. ROSARIO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & TREASURER
Slide 16: Jose R. Soberano III
JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 17: Atty. Alan C. Fontanosa
ATTY. ALAN C. FONTANOSA (SYCIP LAW) CORPORATE SECRETARY
Slide 18: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 19: Jose R. Soberano III
JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 20: Certification of Quorum and Notice
CERTIFICATION OF QUORUM AND NOTICE
Slide 21: Atty. Alan C. Fontanosa
ATTY. ALAN C. FONTANOSA (SYCIP LAW) CORPORATE SECRETARY
Slide 22: Attendance
CERTIFICATION OF QUORUM AND NOTICE ATTENDANCE 1,185,358,402 shares 77.29% of the total outstanding shares are present today
Slide 23: Notices of Meetings
NOTICES OF MEETINGS ❏ First Notice of Meeting published in the Philippine Daily Inquirer on 03 May 2021 ❏ Second Notice of Meeting published in Sunstar Daily and The Freeman on 24 May 2021 ❏ Preliminary and Definitive Information Statements distributed via PSE Edge on 20 April 2021 and 12 May 2021,
Slide 24: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 25: Approval of the Minutes of the Previous Stockholders' Meetings
APPROVAL OF THE MINUTES OF THE PREVIOUS STOCKHOLDERS’ MEETINGS
Slide 26: Approval of Minutes of Annual Meeting held June 3, 2020
APPROVAL OF THE MINUTES OF THE ANNUAL STOCKHOLDERS’ MEETING HELD JUNE 3, 2020
Slide 27: Approval of Minutes of Special Meeting held Feb. 26, 2021
APPROVAL OF THE MINUTES OF THE SPECIAL STOCKHOLDERS’ MEETING HELD FEB. 26, 2021
Slide 28: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 29: B. Grant L. Cheng
B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 30: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 31: CFO's Report
CFO’s REPORT —_— CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We auld BL nvr
Slide 32: 2020 Has Been a Year Unlike Any Other
2020 HAS BEEN A YEAR UNLIKE ANY OTHER IN OUR LIFETIME B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 33: Re-emphasis on Essentials of Life: Shelter and Housing
2020 HAS BEEN A YEAR UNLIKE ANY OTHER IN OUR LIFETIME THERE HAS BEEN A RE-EMPHASIS ON THE ESSENTIALS OF LIFE – SHELTER AND HOUSING BEING AT THE FOREFRONT B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 34: Homes Are Where We Are Asked to Stay Safe
HOMES ARE WHERE WE ARE ASKED TO STAY SAFE B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 35: Homes: Stay Safe, Maintain Our Health
HOMES ARE WHERE WE ARE ASKED TO STAY SAFE MAINTAIN OUR HEALTH B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 36: Homes: Stay Safe, Maintain Health, Work and Learn
HOMES ARE WHERE WE ARE ASKED TO STAY SAFE MAINTAIN OUR HEALTH WORK AND LEARN B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 37: Outlier Sales Take-up in FY 2020 Backed by VisMin Housing Demand
DELIVER OUTLIER SALES TAKE-UP IN FY 2020 BACKED BY SUSTAINED HOUSING DEMAND IN VISMIN RESERVATION SALES (PHP IN MILLIONS) RESERVATION SALES PER SEGMENT +12% Villa Casita 14,248 2% +32% Garden Series Mindanao 12,676 21% 19% +26% Cebu 9,608 2020 Premier Series 2020 46% 10% 7,597 Casa Mira Visayas 69%
Slide 38: Resilient Financial Performance Within Full Year Guidance
RESILIENT FINANCIAL PERFORMANCE WITHIN FULL YEAR GUIDANCE OF +/-10% INCREASED CONSTRUCTION ACTIVITY IN H2 2020 REVENUE vs PARENT NIAT FY2017 TO FY2020 (PHP IN MILLIONS) +26% 8,499 -2% 8,299 +72% 6,763 3,928 +30% +21% -8% 2,012 1,667 1,846 1,287 . REALIZED REVENUE PARENT NIAT
Slide 39: Unrealized Revenue Reached Record P20 Bn by YE2020
UNREALIZED REVENUE FROM SALES CONTRACT REACHED A RECORD OF P20 Bn BY YE2020 UNREALIZED REVENUE FY2017 TO FY2020 (PHP IN MILLIONS) +34% 20,339 +28% 15,182 +35% 11,818 8,747
Slide 40: CLI Continues to Return Value to Shareholders
CLI CONTINUES TO RETURN VALUE TO SHAREHOLDERS P0.25 CASH DIVIDENDS 123% STOCK DIVIDENDS Declaration date: Mar 16, 2021 Record date: April 16, 2021 Declaration Date: Nov 24, 2020 SEC approval date: May 21, 2021 P1.15 EARNING PER SHARE PER SHARE PER SHARE Record and Payment date: TBD PER SHARE* *Decem
Slide 41: PH Housing Demand
PH HOUSING DEMAND 200K 7% - Socialized 65% - Economic and Low-Cost Housing Supply 21% - Mid-market per year 7% - High-end 800K 44% - Socialized 55% - Economic and Low-Cost Ave. new Housing Backlog per yr. 1% - Mid-market 22Mn Estimated backlog by 2040 Backlog by if no steps are taken (DHSUD) 2040 (b
Slide 42: Hotel Portfolio
CITADINES PARAGON DAVAO CITADINES BACOLOD CITY DAVAO BACOLOD 263 hotel rooms 200 hotel rooms by 2024 by 2023 CITADINES CEBU CITY CEBU 180 hotel rooms (130 rooms operating) 50 rooms (Completion date: Q2 2021) Started operations in Sept 2019 LYF CEBU CITY ABACA RESORT MACTAN CEBU CEBU 159 hotel rooms
Slide 43: Prudent Debt Management
PRUDENT DEBT MANAGEMENT 1.48x NET DEBT TO EQUITY ISSUED NEW P3Bn SDN LINE WITH BIMI ON APRIL 30, 2021 DEBT MATURITY DECEMBER 31, 2020 Principal Payments Cost of Debt (In %) (Php In Mn) 4,514 3,824 4,022 5.40% 4.96% 2,773 2,405 2,284 2,086 1,990 1,684 936 635 113 2019 2020 2021 2022 2023 2024 2025 20
Slide 44: Bank and Funding Partners
BANK AND FUNDING PARTNERS - BILATERAL FACILITY & CORPORATE NOTES - HOME MORTGAGE LOAN PARTNERS B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 45: CLI Extended Support to All Stakeholders
CLI EXTENDED SUPPORT TO ALL STAKEHOLDERS B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 46: Supplemental Wages for Construction Workers
CLI EXTENDED SUPPORT TO ALL STAKEHOLDERS SUPPLEMENTAL WAGES FOR CONSTRUCTION WORKERS B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 47: Payment Grace Period for Buyers
CLI EXTENDED SUPPORT TO ALL STAKEHOLDERS SUPPLEMENTAL WAGES FOR CONSTRUCTION WORKERS PAYMENT GRACE PERIOD FOR BUYERS B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 48: Free Vaccination Program for Employees
CLI EXTENDED SUPPORT TO ALL STAKEHOLDERS SUPPLEMENTAL WAGES FOR CONSTRUCTION WORKERS PAYMENT GRACE PERIOD FOR BUYERS FREE VACCINATION PROGRAM FOR EMPLOYEES B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 49: Accelerate Digitalization Initiative
ACCELERATE DIGITALIZATION INITIATIVE B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 50: Virtual Tours
ACCELERATE DIGITALIZATION INITIATIVE VIRTUAL TOURS B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 51: CLIO Automated Chatbox
ACCELERATE DIGITALIZATION INITIATIVE VIRTUAL TOURS CLIO AUTOMATED CHATBOX B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 52: Masters Portal App for Buyers
ACCELERATE DIGITALIZATION INITIATIVE VIRTUAL TOURS CLIO AUTOMATED CHATBOX MASTERS PORTAL APP FOR BUYERS B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 53: To Resume CLI Growth Trajectory in 2021
TO RESUME CLI GROWTH TRAJECTORY IN 2021 FY 2021 GUIDANCE (PHP IN BILLIONS) Revenue Conso Parent NIAT 15%-20% YOY GROWTH 8,499 8,299 CAGR* 53% in Rev 6,763 38% in Parent NIAT 3,928 2,361 2,012 1,846 1,667 1,261 767 2016 2017 2018 2019 2020 2021 * COMPOUNDED ANNUAL GROWTH RATE
Slide 54: Looking Forward to a Shared Future
WE CAN LOOK FORWARD TO A SHARED FUTURE WITH HOPE AND RESOLVE B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 55: Overcoming Challenges Together
WE CAN LOOK FORWARD TO A SHARED FUTURE WITH HOPE AND RESOLVE AS WE OVERCOME OUR CHALLENGES TOGETHER B. GRANT L. CHENG DIRECTOR & CHIEF FINANCIAL OFFICER
Slide 56: Approval of the CFO's Report
APPROVAL OF THE CFO’s REPORT —_— CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We But BL nvr
Slide 57: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 58: Jose Franco B. Soberano
JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 59: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 60: COO's Report
COO’s REPORT —_— CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We auld BL nvr
Slide 61: Building Homes
building homes JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 62: Forging Partnerships
building homes forging partnerships JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 63: Nurturing Communities
building homes forging partnerships nurturing communities JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 64: Improving Lives Through Real Estate
building homes forging partnerships nurturing communities improving lives through real estate JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 65: Sustained Construction Operations
SUSTAINED CONSTRUCTION OPERATIONS JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 66: Maintained Communication with Customers and Broker Partners
SUSTAINED CONSTRUCTION OPERATIONS MAINTAINED COMMUNICATION WITH CUSTOMERS AND BROKER PARTNERS JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 67: Exceeded PHP 14.25B Reservation Sales
EXCEEDED RESERVATION SALES PHP 14.25B NEW SALES 12% INCREASE YOY JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 68: 2020 Project Launches
2020 PROJECT LAUNCHES Casa Mira Iloilo Casa Mira South Casa Mira South (IloIlo City) Phase 3B (Naga, Cebu) Phase 3A (Naga, Cebu) Casa Mira Homes Dumaguete Casa Mira Towers Mandaue Casa Mira Towers Phase 1 (Dumaguete City) Tower 2 (Mandaue City) Guadalupe Tower 2 (Cebu City) JOSE FRANCO B. SOBERANO D
Slide 69: Embraced the Bayanihan Spirit
EMBRACED THE BAYANIHAN SPIRIT JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 70: Supported Over 5,000 Third-Party Construction Workers
SUPPORTED OVER 5,000 THIRD-PARTY CONSTRUCTION WORKERS JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 71: Sustained Operations Around VisMin
SUSTAINED OPERATIONS 60% - 100% 30 CONSTRUCTION SITES AROUND VISMIN JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 72: Project Pipeline
100 TH PROJECT JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 73: Projects in the 2021 Pipeline
25 PROJECTS IN THE 2021 PIPELINE Masters Tower Cebu Mandtra Residences Velmiro Heights CDO JOSE FRANCO B. SOBERANO (Cebu City) (Cebu City) (CDO) DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 74: Healthier Homes and Sustainable Townships
healthier homes greener mixed-use environments sustainable townships safest homes away from home JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 75: Go Above & Beyond to Serve
GO ABOVE & BEYOND TO SERVE JOSE FRANCO B. SOBERANO DIRECTOR, EXECUTIVE VICE-PRESIDENT & CHIEF OPERATING OFFICER
Slide 76: Approval of the COO's Report
APPROVAL OF THE COO’s REPORT —_— CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We But BL nvr
Slide 77: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 78: Jose R. Soberano III
JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 79: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 80: The Well-being of Our People Is Our Utmost Priority
the well-being of our people is our utmost priority JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 81: Employees, Stakeholders, Communities
employees stakeholders communities JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 82: Increased Organic Headcount to Over 600 Employees
INCREASED ORGANIC HEADCOUNT TO OVER 600 EMPLOYEES IN 2020 JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 83: Supported VisMin Communities
SUPPORTED VISMIN COMMUNITIES JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 84: Donated Food Packs and Medical Supplies
SUPPORTED VISMIN COMMUNITIES DONATED FOOD PACKS, MEDICAL SUPPLIES TO 18 CITIES AND 30 BARANGAYS JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 85: Construction of Quarantine Centers
SUPPORTED VISMIN COMMUNITIES TOOK PART IN THE CONSTRUCTION OF SEVERAL QUARANTINE CENTERS JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 86: Adapted to New Norm
ADAPTED TO NEW NORM JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 87: Heavily Invested in Online Platforms
ADAPTED TO NEW NORM HEAVILY INVESTED IN ONLINE PLATFORMS JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 88: Offered Flexible Payment Terms
ADAPTED TO NEW NORM OFFERED FLEXIBLE PAYMENT TERMS JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 89: Formed New Customer Relations Department
ADAPTED TO NEW NORM FORMED NEW CUSTOMER RELATIONS DEPARTMENT JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 90: Cebu Landmasters Remained Resilient
Cebu Landmasters remained resilient with its performance JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 91: 5,300 Units Across Key VisMin Cities
5,300 UNITS across key cities in VisMin JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 92: Heightened Demand for Mid-end and Economic Residential
heightened demand for our mid-end and economic residential developments JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 93: Hotel
HOTEL JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 94: Cebu Landmasters' Unique VisMin Expertise
Cebu Landmasters’ VisMin unique expertise JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 95: Sustained Market Leadership in VisMin
SUSTAINED MARKET LEADERSHIP IN VISMIN FOR 3 CONSECUTIVE YEARS JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 96: Largest Market Share of 12% as of Q3 2020
LARGEST MARKET SHARE OF 12% AS OF Q3 2020 JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 97: Value of Homes Has Never Been Greater
value of homes has never been greater JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 98: Cebu Landmasters Seized Opportunities
CEBU LANDMASTERS SEIZED OPPORTUNITIES JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 99: Increased Open Spaces for Condominiums and Subdivisions
increased open spaces for condominiums and subdivisions JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 100: Transformed Enclosed Retail Spaces and Malls
increased open spaces for condominiums and subdivisions transformed enclosed retail spaces and malls JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 101: Incorporated Clinics in Our Properties
increased open spaces for condominiums and subdivisions transformed enclosed retail spaces and malls incorporated clinics in our properties JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 102: Offered Medical Facilities
increased open spaces for condominiums and subdivisions transformed enclosed retail spaces and malls incorporated clinics in our properties offered medical facilities JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 103: 2020: Adapted to Change, Seized Opportunities
2020 ADAPTED TO CHANGE, SEIZED OPPORTUNITIES JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 104: 2021: Rebound and Abound
2021 REBOUND AND ABOUND JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 105: 2021: 15% to 20% Upside Trajectory
2021 15% TO 20% UPSIDE TRAJECTORY JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 106: 2021: PHP 12B Capital Expenditures
2021 PHP 12B CAPITAL EXPENDITURES JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 107: 2021: Expand Landbank
2021 EXPAND LANDBANK JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 108: 2021: 28,000 SQM Increase in GLA
2021 28,000 SQM INCREASE GLA JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 109: Employees
employees JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 110: Employees, Partner Brokers and Agents
employees partner brokers and agents JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 111: Thanks to Our Board of Directors
employees partner brokers and agents most especially our BOARD OF DIRECTORS JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 112: With Fortitude, Solidarity, and Faith We Overcome Challenges
“ With fortitude, solidarity, and an unwavering faith in the Lord, we can overcome challenges together. ” JOSE R. SOBERANO III CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER
Slide 113: Approval of the Chairman's Report
APPROVAL OF THE CHAIRMAN’s REPORT
Slide 114: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 115: Approval of the Audited Financial Statements as of December 31, 2020
APPROVAL OF THE AUDITED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2020
Slide 116: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 117: Ratification of All Acts of the Board of Directors
RATIFICATION OF ALL ACTS OF THE BOARD OF DIRECTORS DURING THE 2020 - 2021 TERM
Slide 118: Acts of the Board: Major Lot Acquisitions in 2020
ACTS OF THE BOARD OF DIRECTORS IN THE 2020 - 2021 TERM FOR STOCKHOLDERS’ RATIFICATION: Major Lot Acquisitions in 2020: • Astra Centre expansion lot along A.S. Fortuna St., Mandaue City for P52 million • Strategically located property on the corner of Ramos and Ranudo Streets in Cebu City for P380.4
Slide 119: Acts of the Board: Notes, Joint Venture, Accor Partnership
ACTS OF THE BOARD OF DIRECTORS IN THE 2020 - 2021 TERM FOR STOCKHOLDERS’ RATIFICATION: • Availment of P3-Billion Peso Short-dated Notes of BPI Investments Management, Inc. • Creation of a joint venture that will provide CLI its first dormitel project • Partnership with Accor Group to operate our Sof
Slide 120: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 121: Election of the Board of Directors for 2021-2022 Term
ELECTION OF THE BOARD OF DIRECTORS FOR THE 2021 - 2022 TERM
Slide 122: Rufino Luis T. Manotok
RUFINO LUIS T. MANOTOK INDEPENDENT DIRECTOR
Slide 123: Nominees to the Board of Directors
MA. JASMINE S. MA. AURORA D. RUFINO LUIS T. OPORTO GEOTINA-GARCIA MANOTOK NOMINEES TO THE BOARD OF DIRECTORS
Slide 124: Nominees to the Board of Directors
STEPHEN A. JOANNA MARIE S. B. GRANT L. TAN BERGUNDTHAL CHENG NOMINEES TO THE BOARD OF DIRECTORS
Slide 125: Nominees to the Board of Directors
JOSE FRANCO B. MA. ROSARIO B. JOSE R. SOBERANO SOBERANO SOBERANO III NOMINEES TO THE BOARD OF DIRECTORS
Slide 126: Summary of Votes for Election of Directors
SUMMARY OF VOTES FOR ELECTION OF DIRECTORS VOTES (NO. OF SHARES) YES NO ABSTAIN % OF O/S SHARES JOSE R. SOBERANO III 100.00%, 1,185,358,402 0 77.29% MA. ROSARIO B. SOBERANO 100.00%, 1,185,358,402 0 77.29% JOSE FRANCO B. SOBERANO 100.00%, 1,185,358,402 0 77.29% JOANNA MARIE B. SOBERANO-BERGUNDTHAL 10
Slide 127: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 128: Appointment of Independent Auditor for Fiscal Year 2021
APPOINTMENT OF INDEPENDENT AUDITOR FOR FISCAL YEAR 2021
Slide 129: Ma. Aurora D. Geotina-Garcia
MA. AURORA D. GEOTINA-GARCIA INDEPENDENT DIRECTOR
Slide 130: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 131: Proposed Amendment to the By-Laws
PROPOSED AMENDMENT TO THE BY-LAWS
Slide 132: Amended By-Laws
AMENDED BY-LAWS RESOLVED, as it is hereby resolved, that the stockholders of Cebu Landmasters, Inc. (the “Corporation”) amend Article III, Section 4 of its By-laws, to read as follows: Section 4. Notice of Meeting. Notice for annual and special meetings of stockholders may be sent by the Secretary o
Slide 133: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 134: Other Matters
OTHER MATTERS —_— CEBULANDMASTERS ANNUAL STOCKHOLDERS MEETING 2021 We But BL nvr
Slide 135: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM
Slide 136: Thank You!
THANK YOU! MAY 27, 2021 • 9:00 AM
Slide 137: Annual Stockholders Meeting 2021
> CEBULANDMASTERS We Build with You in Mine ANNUAL STOCKHOLDERS MEETING 2021 MAY 27, 2021 + 9:00 AM