Jardine Matheson Holdings Limited · SGX:J36
Jardine Matheson — Investor Day (June 2026)
12 slides from Jardine Matheson's investor day presentation, Jun 16, 2026
Slide 1: Jardine Engineering & Infrastructure (JE&I)
Jardine Engineering & Infrastructure (JE&I) 16 June 2026 Elton Chan, CEO
Slide 2: A portfolio of engineering specialists with leading technical expertise
Jardine Engineering & Infrastructure A portfolio of engineering specialists with leading technical expertise Engineering • Leading Electrical and 50% 50% Mechanical (“E&M”) integrated solutions • Leading elevator brand • Top 2 main contractor in HK provider across 11 Asian markets Civil and Building
Slide 3: Jardine Engineering & Infrastructure Today: net profit and dividend
• 2025 Net Profit of US$195m (+10% yoy) • Dividend to JM of US$170m • Good compound growth in L3Y at 8% • Current earnings mix balanced between recurring income and non-recurring income Net Profit (US$m) Avg. ROE Dividend 155 170 c. 35% c. 40% Jardine Engineering & 195 Infrastructure Today 154 2022
Slide 4: Market-leading technical capabilities as foundation
Market-leading technical capabilities as foundation Long-term relationships with respected global brands and partners Jardine Anchored in mature, growing Hong Kong market Engineering & Infrastructure Today Asset-light business models High cash-generation and robust returns Consistent delivery of str
Slide 5: Observations for growth & improvement: quality of earnings
• Current portfolio earnings mix is balanced between recurring income and non-recurring income • Target to increase recurring income base over time via scale, regional expansion and diversification into new verticals 21% Observations 41% 59% for growth & improvement: 79% Quality of 0% 0% earnings 10
Slide 6: Favourable trends driving key opportunities for JE&I
Favourable trends driving key opportunities for JE&I 2030 Trends Key Asia Pacific opportunities Surging AI demand has sparked a Fast-growing specialist service new “Industrial Revolution” verticals (e.g. Data Centres, Healthcare) Growing demand for high spec, technical verticals Fragmented Facility
Slide 7: Our vision and approach to 2030
Our vision and approach to 2030 Build a regional high value-added E&I platform Continue steady Targeted control Unlock synergies growth in existing M&A in key focus across core businesses verticals businesses & markets 6
Slide 8: 2030 approach: Existing core business growth
Expand our regional footprint, particularly in 1 South-East Asia Accelerate bolt-on M&A in key verticals and pursue 2 more project level JVs to build expertise 2030 approach: Capture Northern Metropolis opportunities in Existing core 3 Hong Kong business growth 4 Accelerate organic growth in our ser
Slide 9: 2030 approach: Targeted M&A in key focus verticals
Target a small number of meaningful, control investments that meets strategic criteria: • Geographic diversification: Focus on building pan-Asia platform 2030 • Scalability: Control and meaningful “Buy and Build” approach to grow approach: our regional / segment footprint Targeted • High quality ear
Slide 10: 2030 approach: Unlocking synergies across businesses
• Revenue synergies from cross-selling and bundling • Enhanced tender win rates Revenue synergies • Smart building and energy optimisation solutions upsell 2030 approach: • Consolidation of back-office functions Unlocking Cost synergies • Procurement optimisation / rationalisation synergies • Improv
Slide 11: Our Aspirations: Double earnings by 2030
Our Aspirations: Double earnings by 2030 Our Aspirations: Double earnings by 2030 Net Profit (US$m) New Acquisitions 100% Owned / New BUs Organic [2/3 growth] (55%) Growth [1/3 growth] 100% Owned (33%) JVs JVs (66%) (45%) 2025A Organic Growth New Acquisitions 2030P 10
Slide 12: Building Quality
Building Quality Building Quality 11