Aeon Credit Service (m) Bhd. · MYX:AEONCR
Aeon Credit Service (m) Bhd — Q2 FYE2026 Earnings Presentation
33 slides from Aeon Credit Service (m) Bhd's earnings presentation, Sep 29, 2025
Slide 1: Q2FYE26 Financial Results
Q2FYE26 FINANCIAL RESULTS 29 September 2025
Slide 2: Table of Contents
Table of Contents 03 KEY HIGHLIGHTS 05 FINANCIAL OVERVIEW 15 KEY STRATEGIES AND MOVING FORWARD 26 APPENDICES
Slide 3: Key Highlights
KEY HIGHLIGHTS ———————
Slide 4: Economic Outlook and Financial Results Overview
Economic Outlook and Financial Results Overview Revenue up +14% YoY driven by receivables and transaction volume; PAT resilient despite higher impairment and associate losses; Loan growth at RM2.0b with momentum in middle-income segment via digital onboarding Economic Outlook • Malaysia’s GDP remain
Slide 5: Financial Review
FINANCIAL REVIEW ———————
Slide 6: Q2FYE26 Financial Performance
Q2FYE26 Financial Performance • Total income grew by 13.6% YoY, mainly driven by higher sales and receivables, which increased by 8.7% and 14.8% YoY, respectively. • Operating expenses (excluding IL) rose, led by costs associated with sales and revenue generation, as well as higher headcount. • Impa
Slide 7: Profit and Loss Walk and Cost-to-Income Ratio (CIR)
Profit and Loss Walk and Cost-to-Income Ratio (CIR) Continued discipline in operating cost control through digitalisation initiatives (RM mil) CIR Trend 80.8 2.1 IL Q2FYE25: RM193.6 mil 49.9 IL Q2FYE26: RM243.5 mil 63.6% 59.2% 54.8% 7.2 47.3% 4.5 15.4 71.2 0.2 0.8 72.2 Write Off +RM30.8 mil ECL -RM1
Slide 8: Total Transaction and Financing Volume
Total Transaction and Financing Volume Notable growth YoY driven by Payment Business and Personal Financing Total Transaction & Financing Volume (RM mil) Transaction & Volume by Types Easy Payment Payment Business Personal Financing 47.1% 42.8% -1.2% +19.0% +15.8% -0.6% +5.3% +11.7% Q2 Q2 1,016 1,01
Slide 9: Total Transaction and Financing Volume (cont'd)
Total Transaction and Financing Volume (cont’d) Business expansion via effective marketing strategies and onboarding initiatives Personal Financing Card in Circulation (CIC) Motorcycle Financing Market Share (%) (’000) Market Share (%) +18.5% YoY 11.1 +4.4% QoQ 9.7 23.8 7.1 23.5 23.6 308 295 260 Feb
Slide 10: Total Gross Financing Receivables
Total Gross Financing Receivables Sustained momentum with strong growth across key products – 3.6% QoQ and 14.8% YoY expansion, focusing M40 segment and premium products Gross Financing Receivables (RM mil) Gross Financing Receivables by Types Easy Payment Payment Business Personal Financing 63.6% 6
Slide 11: Asset Quality
Asset Quality Enhancing segmental calling and risk strategies to boost collection performance Collection Ratio Non-Performing Loan (NPL) • Overall Q2 collection performance in 20000.0 300.00% uptrend compared to Q1, following 18000.0 2.37% 2.57% remedial actions taken on file assignment 2.49% 100.00
Slide 12: Asset Quality (cont'd)
Asset Quality (cont’d) Loan loss coverage ratio at 228%, reflecting prudent provisions Net Credit Cost (NCC) Impairment Loss (IL) Analysis • Higher impairment loss QoQ, contributed by robust financing 6.38% 6.46% 230% 228.0% growth and movement of 5.62% 217% delinquent accounts, particularly 37 45 d
Slide 13: Q1 to Q2 Collection Performance
Q1 to Q2 Collection Performance Strong recovery actions delivered an uptick in Aug25 collection performance D0 D0 Collection CollectionRatio Rate D1 D1 Collection Collection Ratio Rate 98.50% 85.9% 98.0% 86.00% 98.00% 83.8% 97.50% 97.7% 84.00% 97.00% 82.00% 96.50% 96.00% 80.00% Mar Apr May Jun Jul A
Slide 14: Dividend
Dividend Declared interim dividend of 13.00 sen for 1HFYE26 Historical Dividend Data 44.3% 39.6% 50.0% 500.0 30.3% 34.0% 40.0% 30.0% 400.0 20.0% 10.0% 300.0 0.0% -10.0% 200.0 -20.0% 100.0 -30.0% -40.0% 126.4 417.7 144.2 424.0 146.8 370.6 66.4 149.8 - -50.0% FYE23 FYE24 FYE25 1HFYE26 Payout Amount (R
Slide 15: Key Strategies and Moving Forward
KEY STRATEGIES AND MOVING FORWARD
Slide 16: FYE26 Indicators
FYE26 Indicators Continual delivery of sustainable returns to shareholders Actual Actual Indicators Actual Remark FYE24 FYE25 FYE26 1HFYE26 • Attributed to digital onboarding Loan Growth 12.9% 15.4% ±10% ±10% 14.8% initiatives and growth strategy to acquire M40 customers. • Revenue increased YoY und
Slide 17: FYE26 Strategic Roadmap
FYE26 Strategic Roadmap Robust brand visibility and bringing “Finance” closer to everyone Key Business Strategy Focus in FYE26 1 Customer Acquisition and Cross Selling via 4 Enhancing Competitiveness via FinPlus AEON Wallet and AEON Loyalty Programme Membership and Pre-Approval Model 2 Deepening Col
Slide 18: Q2FYE26 Business Strategy Update
Q2FYE26 Business Strategy Update Cross selling via wallet integration and group collaboration program to bringing “Finance” closer to everyone Customer Acquisition via Collaborations with AEON Customer Acquisition via 1 2 AEON Wallet and Loyalty Group Collaborations with AEON Bank RM1.3 mil Continue
Slide 19: Q2FYE26 Business Strategy Update (cont'd)
Q2FYE26 Business Strategy Update (cont’d) Establish AEON360 to build a unified membership and data ecosystem that integrates AEON's retail, financial and digital services Collaborations with AEON Group • Initial share capital RM100; Shareholding Structure 2 (cont’d) subsequent subscription scheduled
Slide 20: Q2FYE26 Business Strategy Update (cont'd)
Q2FYE26 Business Strategy Update (cont’d) Driving cost efficiency through digital transformation and automation Driving Cost Efficiency through Digital 3 • Turnaround time for application process within 5 minutes improved Transformation and Automation to 42%, attributed by better system performance
Slide 21: Q2FYE26 Business Strategy Update (cont'd)
Q2FYE26 Business Strategy Update (cont’d) Driving growth by transforming business model from B2B2C to B2C2B Enhancing Competitiveness via FinPlus • Achieved 37% FinPlus Sales in Aug25 4 Membership and Pre-Approval Model • FinPlus Onboarding via AEON Wallet with tiered membership launched on 19 Aug,
Slide 22: Q2FYE26 AEON Bank Updates
Q2FYE26 AEON Bank Updates Launch of business banking in Aug25 AEON BANK BIZ FINANCIAL PERFOMANCE HIGHLIGHTS 1.5% p.a. profit • Launched AEON Bank Biz on FYE25 FYE26 8 Aug - a Shariah compliant RM mil rate Q1 Q2 Q3 Q4 Q1 Q2 + 1.0% p.a. business banking solutions Total Income 2.4 -0.1 3.0 2.8 2.6 2.2
Slide 23: Q2FYE26 Sustainability Updates
Q2FYE26 Sustainability Updates Embedding sustainability across AEON Credit businesses Environmental Economy Climate Action SLL Performance Developing a carbon management plan aimed *SPT-1 FYE26 marks the final year of our Sustainability- Cumulative at achieving carbon Q2 Progress Update: RM50 mil Ca
Slide 24: Q2FYE26 CSR Updates
Q2FYE26 CSR Updates Uplifting communities through donations, environmental initiatives and education Environmental Initiatives Social Initiatives Target for FYE26 Target for FYE26 • Remove > 4.0 • 2,000 youths tonnes of coastal engaged in debris and plant financial literacy 2,000 mangrove programmes
Slide 25: Q2FYE26 Award Winning and ESG & Credit Ratings
Q2FYE26 Award Winning and ESG & Credit Ratings Recognised for excellence in sustainability and Islamic Finance Sustainability and CSR Malaysia Award 2025 The Asset Triple A Islamic Finance Awards 2025 ESG RATINGS Constituent of the FTSE4Good Bursa Malaysia Index Rating improved from 2.9 to 3.2 Award
Slide 26: Appendices
APPENDICES EE
Slide 27: Performance Highlights
Performance Highlights Q2 Q1 Q2 1H 1H (RM mil) QoQ YoY YoY FYE25 FYE26 FYE26 FYE25 FYE26 Total Transaction & Financing 2,158.0 2,248.9 2,345.2 4.3% 8.7% 4,133.0 4,594.1 11.2% Volume Easy Payment Financing 1,015.5 1,010.1 1,003.7 -0.6% -1.2% 1,979.3 2,013.8 1.7% Payment Business 580.3 655.8 690.4 5.3
Slide 28: Financial Summary
Financial Summary Q2 Q1 Q2 (RM mil) QoQ YoY FYE25 FYE26 FYE26 Easy Payment Financing 8,398.3 9,028.0 9,278.0 2.8% 10.5% Payment Business 842.8 987.8 1,036.6 4.9% 23.1% Personal Financing 3,957.4 4,615.7 4,839.8 4.9% 22.3% Total Financing Receivables 13,198.5 14,631.5 15,154.4 3.6% 14.8% Impairment L
Slide 29: Operating Income
Operating Income Q2 Q1 Q2 1H 1H (RM mil) QoQ YoY YoY FYE25 FYE26 FYE26 FYE25 FYE26 Easy Payment 316.7 334.0 339.4 1.6% 7.2% 624.3 673.4 7.9% Payment Business 47.3 55.3 57.9 4.8% 22.4% 93.2 113.2 21.4% Personal Financing 173.9 206.5 216.3 4.7% 24.4% 339.1 422.8 24.7% Brokerage Fee* 3.5 4.1 4.3 4.8% 2
Slide 30: Total Expenses
Total Expenses Q2 Q1 Q2 1H 1H (RM mil) QoQ YoY YoY FYE25 FYE26 FYE26 FYE25 FYE26 Impairment Loss on Receivables 193.6 229.4 243.5 6.2% 25.8% 357.1 472.9 32.5% Personnel Expenses 71.6 68.4 78.8 15.3% 10.0% 135.8 147.2 8.3% Advertising & Promotion (A&P) 13.2 16.0 15.4 -4.0% 16.0% 28.5 31.4 10.0% Other
Slide 31: Financial Indicators
Financial Indicators Q2 1H FYE23 FYE24 FYE25 FYE26 FYE26 PBT (RM mil) 547.0 565.2 513.5 103.0 212.1 PAT (RM mil) 417.7 424.0 370.6 72.2 149.8 Weighted average no. of ordinary shares (mil) 255.3 510.6** 510.6** 510.6** 510.6** Basic EPS (RM)* 0.80 0.81 0.73 0.59 0.59 NTA per share (RM)* 4.6 5.2 5.5 5
Slide 32: Disclaimer
Disclaimer This document has been prepared by AEON Credit Service (M) Berhad (“AEON Credit” or the “Group”) solely for the use at the presentation to analyst, fund managers and investors. The information contained in this document has not been independently verified. No representation or warranty, w
Slide 33: Thank You
THANK YOU Mr Lee Kit Seong Ms Lee Siew Tee Investor Relations Team Chief Corporate Officer Chief Financial Officer ir_info@aeoncredit.com.my leeks@aeoncredit.com.my stlee@aeoncredit.com.my Level 18, UOA Corporate Tower, www.aeoncredit.com.my Avenue 10, The Vertical, Bangsar South City, 03-2772 9000
AEON Credit Service (M) Berhad — Q2 FYE2026 Earnings Presentation on 6ix