Petronas Gas Bhd. · MYX:PETGAS
Petronas Gas Bhd — Shareholder Meeting (April 2017)
33 slides from Petronas Gas Bhd's shareholder meeting presentation, Apr 17, 2017
Slide 1: Petronas Gas Berhad 34th Annual General Meeting
/ { DB] ZF Ne PETRONAS s a PETRONAS GAS BERHAD 34th ANNUAL GENERAL MEETING 17 April 2017 GOING BEYOND
Slide 2: Key Highlights
KEY HIGHLIGHTS
Slide 3: FY2016 Key Highlights
FY2016 Key Highlights 3ZERO100 PGB TRANSFORMATION PGB TRANSFORMATION ° =< 3ZERO100 Transformation EXCELLENT LIQUID PLANT EXTRACTION PERFORMANCE Achieved 12 months PBS income of RM69 million LNG REGASIFICATION TERMINAL PENGERANG PROJECT e Advancing well at 75% completion and on track AIR SEPARATION U
Slide 4: FY2016 Key Financial Highlights
FY2016 Key Financial Highlights HIGHEST EVER STABLE STURDY FINANCING HIGHEST EVER REVENUE PROFIT totatasssr GROWTH DIVIDEND AFTER TAX PROJECTS OO de RMA RM4 aM M416. 6 ‘nition 0 of billion M4, 2 62 Se@Nn per share
Slide 5: PGB Transformation
PGB Transformation Driving towards HSSE and operational excellence in strengthening our core competencies SZERO100 KEY PGB TRANSFORMATION THRUSTS O HSE Incident 0 Non-compliance H IG H Ont ti 100% Product PERFORMANCE interruption Delivery Reliability ORGANISATION Efficient & Sustainable System & Wor
Slide 6: PGB Transformation
PGB Transformation Significant improvement in Operational performance ee ASSETS Gas Processing ETHANEOEE\ PBS 12 MONTHS HIGHEST DELIVERY Utilities Sustained Product Delivery Reliability Power, Steam & Industrial Gases Gas Transportation RELIABILITY Regasification RELIABILITY 100% ys ° 52% vcoucrion
Slide 7: Performance
PERFORMANCE
Slide 8: Gas Processing
GAS PROCESSING Delivering strong plant performance Reliability (%) Reliability (%) nn 8, & SALESGAS = = Cee ; b { B18 18 18 revo 28 3/8 28 — ReLABILITY World Class 98.8% @ &B 99.2% 99.1% @ Ta Ta SEARLE EE 45 ‘16 ‘15 ‘16 ‘15 ‘16 9 2 ‘Sileres 16 Ethane Propane Butane 99.1% cal Ethane Ethane OEE Perfor
Slide 9: Gas Transportation & Regasification
GAS TRANSPORTATION & REGASIFICATION Continued sustaining world class performance of pipeline system Reliability (%) Sustained BR a |e (8 World Class & S/S [s |s Performance Reliability 99. 96% Availability 99 90% 12 '13 ‘14 ‘15 ‘16 Increased profit by Collaboration in re-commissioning Sabah-Sarawak
Slide 10: Utilities
UTILITIES Commendable performance and consistently meeting customers’ expectations Reliability (%) 15'16 '15‘16 ‘15 ‘16 Electricity Steam Industrial Benchmark electricity and industrial gases PRODUCT DELIVERY RELIABILITY 100% 3,787 Gases Lower electricity a export and Sg lower steam oO customers = o
Slide 11: Health, Safety, Security & Environment (HSSE)
Health, Safety, Security & Environment (HSSE) HSSE remains at the forefront of PGB’s priorities in business conducts and operations 41 7 \ fa (Fire Safety Assessment Assess the adequacy | and operational readiness reductionin / \ \ / y \ of fire protection _ / \ HSE Incidents ~ \ NY systems. \ certi
Slide 12: Performance
PERFORMANCE
Slide 13: Revenue
Revenue Sustained revenue strength from all segments driven by higher utilities and gas processing revenue Revenue Trending @ CAGR : + 6.3% 43917 4,455.9 4,561.3 3,892.1 : - ; / ; ‘12 13 ‘14 15 16 RM4.6 ® + 2.4% trom 2015 billion (4 + 6.3% Growth rate RM million Segmental Revenue Regasification Gas
Slide 14: Gross Profit
Gross Profit «$y Commendable gross profit contributed by Gas Transportation and Gas Processing segments Gross Profit Contribution Segmental Gross Profit Y-o-Y AMe—t billion ® - 3.3% RM million Regasification jas Processing ® - 7.0% 697.0 1,009.1 975.3 648.4 - 0.9% D+ 14.8% 29752863 ae Gas Gas wales
Slide 15: Profit After Tax
Profit After Tax KG) Deliver stable profits on the back of strong business fundamentals NZ Profit After Tax Trending RM million 2,078.9 1,985.9 1,842.1 1404.9 ' ‘12 ‘13 ‘14 15 Notes: Tax incentives and forex % PAT excluding tax incentives and forex 1,736.3 ‘16 RM1.7 billion YW) - 0.4 '7EN (A) CAGR +
Slide 16: Total Assets and Cash & Cash Equivalents
Cash & Cash Total Assets Sturdy total asset supported by strong Group's cash balance and property, plant and equipment. Total Assets Breakdown Equivalents @ + Other Assets ASSETS RM16,553.6 RM16.6 billion 15.0 Property, Plant & Equipment RM million RM million Cash Balance Y-o-Y 17631 &M1.8 billion @
Slide 17: Dividends
Dividends Highest ever dividend payout to shareholders ighest Ever Dividend Quarterly dend sen fl payout Ratio % Dividend Payment Dividend Payout Ratio 107% 105% 91% 5 69% 73% oe 2 71% 71% + 76% 42 77% fo 60% eax 9 e@ 14sen 8 June 2016 : a2 e 14sen »\ 8 Sep 2016 e@ 15sen 2 Dec 2016 loa 19 sen 22 Mar
Slide 18: Top largest corporation listed on Bursa on resilient share performance
Top 10 largest corporation listed on BURSA on the back of resilient share performance Growth over 5 years: FBM KLCI + 7.8% FBM KLCI (000) 1,800 1,600 1,400 1,200 1,000 800 600 PGB Share Price + 39.6% 2012 2013 2014 2015 Share Price 2016 (RM) ion 30 25 20 15 10
Slide 19: Progress Update
PROGRESS UPDATE
Slide 20: Growth Projects
Growth Projects Our projects supporting development of Pengerang Integrated Complex are on track and progressing well e Overall progress 86% todate as at 31 Dec 2016 ® Target Commissioning Quarter 4 of 2017 LNG Regasification Pengerang Gas Terminal Pengerang Pipeline e Overall progress 96% todate as
Slide 21: Sustainability
’ ( Ke - \ »\\ SUSTAINABILITY . wy
Slide 22: Sustainability
Sustainability Our sustainability effort focuses on our management of Economic, Environment and Social (EES) risks and opportunities GOVERNANGE =<<— <— SUSTAINABILITY FRAMEWORK
Slide 23: Economic
Economic We continuously seek opportunities to grow our revenue and profit Investing in Technology ra a Flare Gas GPP Ethane - Recovery Recovery Cogeneration Unit Improvement Plant (FGRU) initiative (COGEN) Investing in Asset Integrity Five-year integrated maintenance plans FZERQIONS 3ZERO100 cent T
Slide 24: Environment
Environment We take pride in preserving and protecting the environment i>) . allocated for P 20% reduction RM2 waste disposal Ge of greenhouse gas effort (GHG) emissions ’ | tough FRU and BZ, amnustsaraeton oa dag COGEN waste disposal Sayangi Sungai Paka | Water recycle Programme Of f rom total A co
Slide 25: Social
Social We focus on the employees and communities for our social sustainability with the upmost focus is on health and safety -—_ Safety Processes Capability Development HSSE AT HEART PROGRAMME Emergency Preparedness and Crisis Management Fire Safety Assessment EMPLOYEES | e an tt Accelerating Cultur
Slide 26: Corporate Governance Recognitions
ebosh “Gold Award antedto ‘Gas Processing Plants Kerth CORPORATE GOVERNANCE paveneeruey ney Funes OIL & GAS | | Petronas as Bead RECOGNITIONS - / ,
Slide 27: Awards and Recognitions
"\ RoSPA Gold » y 4 Award for Health and ReSPA cS Awards and Recognitions PGB was bestowed with numerous awards and certifications in recognition of its commendable accomplishments Safety Gold Award MSOSH Award 2015 ° FOCUS MALAYSIA Most Transparent Big Stocks Award MSWG Minority Shareholder Watchdo
Slide 28: Outlook
OUTLOOK
Slide 29: Outlook 2017
Outlook 2017 PGB strong business fundamentals are sustainable and will safeguard stable income stream Stable Regasification Utilities H driven b revenuebase = "*“"""Capacity reservation trom GPA & GTA orrnowas Y customers Growth within CORE competencies
Slide 30: Strategic Focus
STRATEGIC FOCUS
Slide 31: Strategic Focus 2017
Strategic Focus 2017 To strive for competitiveness, productivity and efficiency in our pursuit of becoming world class organisation by 2020 A Leading Gas Infrastructure and Utilities Company Enhanced 3ZERO100 B E YON D Readiness
Slide 32: RGT-2 Terminal Project Progress
: aces —- ~ <= é' —. = SS ee - Sess: AMSUNG, . in ee Saye eS a RGT-2 Terminal Proieehet Pengerang Ie ie \Progress: as at ee 2017 ee ineering,-Procug rs aon igiion alc legasification Facintie:
Slide 33: Thank You
ac THANK YOU
Petronas Gas Berhad — Shareholder Meeting (April 2017) on 6ix