Slide 1: 2Q2026 & 1H2026 Results Presentation
iFAST Corporation Ltd. 2Q2026 & 1H2026 Results Presentation 24 July 2026 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 2: Disclaimer
Disclaimer This presentation should be read as an overview of iFAST Corporation Ltd.’s (“iFAST Corp” or the “Company”, and together with its subsidiaries, the “Group”) current business activities and operating environment. This presentation should not be solely relied upon by current and potential i
Slide 3: Contents
Contents Key Summary & AUA Update I Pg. 4 2Q2026 Performance Business Update II Pg. 8 Updated on Individual Markets, iFAST Global Bank, Dividend Financial Results III Pg. 19 Revenue, Profit, Margins, ROE, Geographical Segments Performance Trends IV Pg. 29 Financial Indicators, Balance Sheet, Recurri
Slide 4: Key Summary
Key Summary Strong Growth Across the Board in 2Q2026 S$162.04m S$29.85m S$48.89m Total Revenue Net Profit EBITDA1 +34.8% YoY +35.0% YoY +32.7% YoY S$36.13 billion S$1.31 billion 3.00 cents per ordinary share Group AUA (new record high) Net Inflows Second Interim Dividend FY2026 +32.8% YoY +2.2% YoY
Slide 5: Key Summary
Key Summary • For the Hong Kong ePension project, all 12 trustees and a total of 24 schemes have been successfully onboarded to the Hong Kong Pension platform as at 30 April 2026. • iFAST Global Bank built on its first full year of profitability in 2025 by reporting a higher pretax profit of $1.9 mi
Slide 6: Group AUA Trend
Group AUA Trend S$ million $40,000 $35,000 S$36.13 billion as at 30 Jun 2026 $30,000 +10.7% +32.8% QoQ growth YoY growth $25,000 B2B +31.5% YoY growth $20,000 S$23.47 billion $15,000 B2C +35.3% YoY growth $10,000 S$12.66 billion $5,000 Record high AUA across all markets. $- B2B B2C 6 iFAST Corporati
Slide 7: AUA Breakdown: Markets & Products (YoY)
AUA Breakdown: Markets & Products (YoY) (as at 30 June 2026) AUA Breakdown By Markets AUA Breakdown By Products 7.8% 8.6% 11.7% 25.9% 11.4% 55.8% 2Q2025 2Q2025 69.1% 9.7% 2Q2026 2Q2026 Singapore Hong Kong Malaysia Others (China & UK) Unit Trusts Bonds Stocks & ETFs Cash Account & Deposits Unit trust
Slide 8: Business Update
Business Update Section I iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 9: iFAST's Three-Year Plan Progress
iFAST’s Three-Year Plan Progress We remain focused on scaling our global platform and leveraging AI to deliver sustainable growth and long-term value for our stakeholders. Vision 2030 ePension Milestone AI & Operating Leverage Mid-2026 2027 Onwards End-2028 S$100 billion 25.6% AUA target by 2030 imp
Slide 10: iFAST's Three-Year Plan (2026-2028)
iFAST’s Three-Year Plan (2026-2028) With Updated Progress During 2Q2026 1 Truly Global Business 2 Vision 2030: 3 Deliver on ePension Model S$100bn AUA Services Deepen presence in Singapore, London Implies a 25.6% CAGR, with target of As onboarding has been fully completed, and Hong Kong as key globa
Slide 11: Individual Markets Updates
Individual Markets Updates 2Q2026 & 1H2026 Singapore Hong Kong Malaysia China United Kingdom AUA AUA AUA AUA Deposits S$24.98 billion S$4.12 billion S$4.23 billion S$0.99 billion S$1.81 billion +10.5% QoQ +30.0% YoY +9.4% QoQ +36.0% YoY +12.8% QoQ +40.4% YoY +7.9% QoQ +100.0% YoY +12.5% QoQ +25.2% Y
Slide 12: Net Inflows Trend
Net Inflows Trend S$ million $5,000 $4,717 $4,500 S$2.56 billion For 1H2026 $4,000 $3,745 $3,500 $3,160 $3,296 +15.2% YoY growth $3,000 $2,563 $2,500 $2,225 1Q2026: S$1.25 billion $2,104 $1,957 2Q2026: S$1.31 billion $2,000 $1,500 Net inflows include $942 $976 investment products and $1,000 $786 cas
Slide 13: Gross Unit Trust (UT) Subscription
Gross Unit Trust (UT) Subscription S$ million $12,000 $10,934 S$7.00 billion $10,000 For 1H2026 $8,000 $7,433 +52.6% $7,052 $7,000 YoY growth $6,000 $5,647 $5,223 1Q2026: S$3.33 billion $4,490 $4,588 2Q2026: S$3.67 billion $4,000 $3,053 $2,908 $2,870 $1,670 $2,000 $1,547 $1,574 $1,365 $947 $940 $- 1
Slide 14: iFAST Global Bank: Profitability Trend
iFAST Global Bank Profitability Trend S$ million iFAST Global Bank Profit / Loss 2Q2026 PBT 2.50 2.00 $1.92 S$1.92 million 1.50 $1.10 +174.5% $1.00 YoY growth 1.00 $0.70 $0.69 0.50 $0.30 $0.31 1H2026 PBT 0.00 S$2.61 million -0.50 -$0.82 +53.5% -1.00 YoY growth -$1.56 -1.50 -$1.71 -$2.11 The Bank rep
Slide 15: iFAST Global Bank: Key Observations
iFAST Global Bank Key Observations 2Q2026 PBT Net Interest Revenue Growth 1 S$1.92 million Profitability was supported by continued growth in customer deposits. This has led to net interest revenue growing strongly by 37.9% YoY. +174.5% YoY growth Business Banking Momentum 2 Recent quarters saw stro
Slide 16: Dividend Update & Long-Term Payout Direction
Dividend Update & Long-Term Payout Direction FY2022 FY2023 FY2024 FY2025 FY2026 (Updated in July 2026) Dividend Amount (S$ Cent) 4.80 4.80 5.90 8.40 ≥12.001 Dividend Growth (YOY) - 0% +22.9% +42.4% ≥+43.0% Dividend Approach FY2026 Dividend Long-Term Payout Direction As the Group’s profitability cont
Slide 17: Dividend for 2Q2026: 3.00 Cents per Ordinary Share
Dividend for 2Q2026: 3.00 Cents per Ordinary Share 50.0% YoY increase compared to 2Q2025 dividend of 2.00 cents per ordinary share S$ cent per ordinary share 12.00 12.00 FY2026 expected dividend ≥ 12.00 Cents 10.00 FY2026 expected YoY growth 8.40 ≥ +43.0% 8.00 2.50 5.90 6.00 4.80 4.80 1.60 2.30 Seco
Slide 18: Second Interim Dividend for FY2026
Second Interim Dividend for FY2026 Dividend Schedule Dividend per share 3.00 cents per ordinary share Ex-dividend date 5 August 2026 Record date and time 6 August 2026 (5.00 pm) Payment date 20 August 2026 As per the Dividend Schedule above, the Board of Directors declared a dividend of 3.00 cents p
Slide 19: Financial Results
Financial Results Section II iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 20: Financial Results for Group (2Q2026 vs 2Q2025)
Financial Results for Group (2Q2026 vs 2Q2025) S$ (Million) 2Q2025 2Q2026 YoY change (%) Total revenue 120.24 162.04 +34.8 Total net revenue 80.05 108.34 +35.3 Other income 0.68 0.66 -3.2 Operating expenses 53.28 72.65 +36.4 Interest expenses on lease 0.42 0.76 +78.3 liabilities Share of results of
Slide 21: Financial Results for Group (1H2026 vs 1H2025)
Financial Results for Group (1H2026 vs 1H2025) S$ (Million) 1H2025 1H2026 YoY change (%) Total revenue 227.16 316.50 +39.3 Total net revenue 147.76 213.25 +44.3 Other income 1.27 1.00 -21.5 Operating expenses 97.78 143.71 +47.0 Interest expenses on lease 0.87 1.40 +60.8 liabilities Share of results
Slide 22: Results Overview for Group
Results Overview for Group S$ (Million) FY2022 FY2023 FY2024 FY2025 1H2026 Total revenue 208.87 256.54 382.99 514.72 316.50 Total net revenue 118.24 161.66 248.38 339.65 213.25 Other income 1.72 1.71 1.86 2.26 1.00 Operating expenses 103.84 126.23 165.64 220.70 143.71 Interest expenses on lease liab
Slide 23: PBT Margin for Group
PBT Margin for Group (Based on Total Net Revenue) 40.0% 34.8% 35.0% 33.5% 32.4% 30.0% 25.0% 22.6% 20.0% 15.0% 13.5% 10.0% 5.0% 0.0% 2022 2023 2024 2025 1H2026 23 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 24: Return on Equity (ROE)
Return on Equity (ROE) 10 Years 30.0% 28.3% 25.8% 27.2% 27.2% A healthy level of ROE 25.0% 23.4% 21.8% 20.0% A healthy ROE allows the Group to be able to pursue long-term growth strategies 15.0% while being able to raise 13.1% our dividend payouts. 12.2% 10.9% 9.7% 10.0% 7.1% 5.0% 5.0% Note: 1.The G
Slide 25: Profit/Loss - Geographical Segment
Profit/Loss - Geographical Segment Profit/Loss YoY Change YoY Change 2Q2025 2Q2026 1H2025 1H2026 (S$ Million) (%) (%) Singapore3 9.99 14.10 +41.1 19.49 27.77 +42.5 Hong Kong 15.72 17.83 +13.4 28.05 35.82 +27.7 Malaysia 1.58 2.88 +82.7 3.20 4.96 +54.9 China (0.86) (0.51) -40.7 (1.84) (0.95) -48.7 Oth
Slide 26: Profit/Loss - Geographical Segment
Profit/Loss - Geographical Segment Profit/Loss FY2022 FY2023 FY2024 FY2025 1H2026 (S$ Million) Singapore 16.57 25.20 36.14 44.72 27.77 Hong Kong 8.07 23.82 52.96 67.55 35.82 Malaysia 4.25 4.39 4.96 6.55 4.96 China (7.12) (7.19) (5.85) (3.65) (0.95) Others1 0.30 0.22 (0.02) 0.00 (1.05) Non-banking op
Slide 27: Total Gross Revenue - Geographical Segment
Total Gross Revenue - Geographical Segment S$ (Million) FY2022 FY2023 FY2024 FY2025 1H2026 Singapore 130.25 140.61 167.04 197.61 120.44 Hong Kong 42.64 69.60 135.31 199.48 129.99 Malaysia 23.03 23.51 26.92 31.67 19.92 China 2.62 2.24 1.71 2.15 1.68 UK 10.33 20.58 52.01 83.81 44.31 Others1 - - - - 0.
Slide 28: Total Net Revenue - Geographical Segment
Total Net Revenue - Geographical Segment S$ (Million) FY2022 FY2023 FY2024 FY2025 1H2026 Singapore 70.49 81.24 96.06 111.25 66.28 Hong Kong 24.15 52.58 112.97 172.01 114.88 Malaysia 13.64 13.98 15.53 17.74 11.26 China 1.77 1.51 1.24 1.55 1.17 UK 8.19 12.35 22.58 37.10 19.50 Others1 - - - - 0.16 Grou
Slide 29: Performance Trends
Performance Trends Section III iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 30: Financial Indicators
Financial Indicators S$ (Million) FY2022 FY2023 FY2024 FY2025 1H2026 EBITDA2 32.091 61.46 115.75 159.28 94.56 Operating Cashflows – Group 47.40 273.45 671.28 551.73 162.87 Operating Cashflows – Non-Banking 35.94 34.12 83.05 110.88 43.43 Operations Capital Expenditure 17.87 21.63 26.13 31.96 16.86 Ne
Slide 31: Cash Plus Liquid Assets Net of Borrowings Position
Cash Plus Liquid Assets Net of Borrowings Position As at 31 Dec 2025 As at 30 Jun 2026 (S$ million) (S$ million) Cash and Cash Equivalents 724.31 618.78 Sovereign Bonds & Investment-grade Corporate Bonds 911.69 1,222.86 Others 187.11 315.48 Less: Customers’ Deposits (1,572.48) (1,814.80) Total Cash
Slide 32: Group Operating Cashflows
Group Operating Cashflows S$ million $800 $700 671.28 $600 551.73 $500 $400 $300 273.45 $200 162.87 $100 47.40 $- 2022 2023 2024 2025 1H2026 32 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 33: Capital Expenditure
Capital Expenditure S$ million $40 34.9 $35 32.0 $30 26.1 $25 21.6 $20 17.9 $15 $10 $5 $0 2022 2023 2024 2025 2026F Note: 1. Capital Expenditure for 1H2026 stood at S$16.86 million. 33 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 34: Number of Issued Shares
Number of Issued Shares As at 31 Dec 2025 As at 30 Jun 2026 Total number of issued shares (excluding treasury shares and subsidiary 303,684,519 304,533,019 holdings) 34 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 35: Our Consolidated Financial Position
Our Consolidated Financial Position As at 31 Dec 2025 As at 30 Jun 2026 S$’000 S$’000 ASSETS Plant and Equipment 20,834 21,972 Right-of-use Assets 50,620 60,737 Intangible Assets and Goodwill 91,070 93,895 Associates 426 419 Other Investments 293,216 553,562 Deferred Tax Assets 3,734 6,055 Contract
Slide 36: Our Consolidated Financial Position
Our Consolidated Financial Position As at 31 Dec 2025 As at 30 Jun 2026 S$’000 S$’000 EQUITY Share Capital 171,943 173,213 Reserves 226,051 270,597 EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY 397,994 443,810 Non-Controlling Interests (137) (166) TOTAL EQUITY 397,857 443,644 LIABILITIES Debt Issued
Slide 37: Held under Trust
Held under Trust As at 31 Dec 2025 As at 30 Jun 2026 S$’000 S$’000 HELD UNDER TRUST Client monies maintained in bank deposit accounts with related bank 53,246 89,309 Client monies maintained in bank deposit accounts with non-related 1,343,197 1,391,783 banks Client monies maintained in government de
Slide 38: Total Net Revenue Breakdown Between Recurring and Non-recurring Sources
Total Net Revenue1 Breakdown Between Recurring and Non-recurring Sources S$ million Average contribution from recurring net revenue as opposed to 400 non-recurring net revenue in the period from 2025 to 1H2026 was 86.6% 350 47.0 300 250 37.4 200 27.4 150 29.7 292.7 100 34.4 211.0 34.5 185.8 25.5 131
Slide 39: Recurring and Non-recurring Total Net Revenue
Recurring and Non-recurring Total Net Revenue (Include Banking Operation) S$ (Million) FY2022 FY2023 FY2024 FY2025 1H2026 Recurring net revenue 83.86 131.94 210.98 292.66 185.81 Non-recurring net revenue 34.38 29.72 37.40 46.99 27.44 Total net revenue 118.24 161.66 248.38 339.65 213.25 YoY Change (%
Slide 40: Recurring and Non-recurring Total Net Revenue
Recurring and Non-recurring Total Net Revenue (Exclude Banking Operation) S$ (Million) FY2022 FY2023 FY2024 FY2025 1H2026 Recurring net revenue 83.61 129.19 201.86 273.87 174.69 Non-recurring net revenue 26.44 20.12 23.93 28.68 19.06 Total net revenue 110.05 149.31 225.79 302.55 193.75 YoY Change (%
Slide 41: Net Revenue - B2B Business Segment
Net Revenue1 - B2B Business Segment B2B Net Revenue FY2022 FY2023 FY2024 FY2025 1H2026 (S$ Million) Recurring net revenue 58.05 99.10 172.50 244.80 159.45 Non-recurring net revenue 16.66 12.89 13.09 16.34 10.43 Total B2B net revenue 74.72 111.99 185.59 261.14 169.88 YoY Change (%) FY2022 FY2023 FY20
Slide 42: Net Revenue - B2C Business Segment
Net Revenue1 - B2C Business Segment B2C Net Revenue FY2022 FY2023 FY2024 FY2025 1H2026 (S$ Million) Recurring net revenue 22.99 25.64 25.85 28.12 16.09 Non-recurring net revenue 9.78 7.23 10.84 12.34 8.63 Total B2C net revenue 32.77 32.87 36.69 40.46 24.72 YoY Change (%) FY2022 FY2023 FY2024 FY2025
Slide 43: Fixed Income Turnover
Fixed Income Turnover S$ million 1,200 1,000 800 600 400 200 0 43 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 44: Appendix
Appendix Section IV iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 45: Business Overview
Business Overview iFAST Corporation Ltd. (SGX: AIY) is a global digital banking and wealth management platform dedicated to help investors around the world invest globally and profitably. Our Business Divisions Wealth Management iFAST Global Bank ePension Our core wealth management platform Fully li
Slide 46: iFAST Fintech Ecosystem
iFAST Fintech Ecosystem 1,500,000+ 980+ Connecting All to Help Investors 15,300+ Invest Globally and Profitably 29,600+ Information accurate as of 30 June 2026 46 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 47: Updated iFAST's Three-Year Plan (2026-2028)
Updated iFAST’s Three-Year Plan (2026-2028) With Updated Progress During 2Q2026 1. As a Global Digital Banking and Wealth Management Platform, iFAST Aims to Make More Substantial Progress with Our Truly Global Business Model. The past two years have demonstrated that our vision of a truly global bus
Slide 48: Scaling Towards S$100 Billion AUA
Scaling Towards S$100 Billion AUA Scenario Planning on AUA Composition at S$100 Billion Based on Potential Scenario (Not a Forecast) • AUA is a significant indicator of the Group’s progress in its core wealth management and digital banking businesses, given recurring net revenue is correlated to the
Slide 49: Scaling Towards S$100 Billion AUA
Scaling Towards S$100 Billion AUA AUA Growth Expected to Translate into Scalable and Resilient Revenue • The following illustrates a scenario of how revenue and profitability could scale as AUA approaches S$100 billion. • This is based on potential scenario and is not a forecast. Revenue Assumptions
Slide 50: AI as a Key Enabler of Efficiency and Scalable Growth
AI as a Key Enabler of Efficiency and Scalable Growth Headcount has peaked in mid-2026, with AI-driven efficiency supporting margin expansion from FY2027 onwards • The Group total headcount has peaked in mid-2026, following a period of targeted hiring primarily in IT functions, and roles supporting
Slide 51: Collaboration with Ant International to Strengthen iFAST's Truly Global Business Model
Collaboration with Ant International to Strengthen iFAST’s Truly Global Business Model • iFAST believes its business model, built around a few key centres, can efficiently serve customers worldwide. With established wealth management platforms in Singapore and Hong Kong, and a global digital bank in
Slide 52: Truly Global Business Model
iFAST Group Vision Truly Global Business Model 52 iFAST Corporation Ltd. | 2Q2026 Results Presentation
Slide 53: Truly Global Business Model to Include FSM Global
Truly Global Business Model to Include FSM Global Strengthening Global Connectivity with FSM Global • iFAST believes in a business model that operates from a few centres, while serving customers from all over the world. • We believe investors and banking customers will increasingly seek the ‘Best-in
Slide 54: Truly Global Business Model to Include FSM Global
Truly Global Business Model to Include FSM Global Strengthening Global Connectivity with FSM Global • FSM Global leverages on the long-standing credibility of iFAST brand to bridge the gap between Singapore’s reputation as a trusted financial hub and the global market. • Historically, iFAST B2C divi
Slide 55: iFAST Payment Capabilities
iFAST Payment Capabilities Payment Services & Licences • Faster Payments Service in UK: iFAST Global Bank is one of 47 participants providing real-time payments. • CHAPS in UK: The bank is one of more than 35 direct participants to offer high-value payments, which also enable iFAST business partners
Slide 56: iFAST Global Bank Updates
iFAST Global Bank Updates Conservative Balance Sheet Strategy • The customer deposit amounts for iFAST Global Bank (iGB) increased 12.5% QoQ and 25.2% YoY to S$1.81 billion as at 30 June 2026. • The increase in deposits continues to be driven by the deposit offering business units and most significa
Slide 57: iFAST Global Bank Updates
iFAST Global Bank Updates Regulatory Ratios The Group has started to disclose the regulatory ratios for iFAST Global Bank since 1Q2023, including the Liquidity Coverage Ratio (“LCR”), Net Stable Funding Ratio (“NSFR”) and Total Capital Ratio. iFAST Global Bank intends to maintain capital and liquidi
Slide 58: Milestones
Milestones BUSINESS ROADMAP 2000 2002 2007 2008 2011 • Launch of • Launch of iFAST • Launch of • Launch of iFAST Platform • Launch of “FSM Mobile” Fundsupermart.com Platform Services Fundsupermart.com Services (B2B) in HK iPhone application. The (B2C) in Singapore (B2B) in SG (B2C) in Hong Kong • La
Slide 59: Milestones
Milestones BUSINESS ROADMAP 2019 2020 2021 2022 • iFAST MY launched retail • Launch of revamped • Launch of Bursa stockbroking in MY and SG • Acquisition of iFAST Global Bank bonds under the new FSMOne mobile apps in • iFAST HK approved as China Connect Limited, a fully licensed United Seasoning Fra
Slide 60: FY2025 Breakdown of Net Revenue
FY2025 Breakdown of Net Revenue For Wealth Management Platform Services1 Fintech Solutions IT fees, 1.5% FX Margin, 7.0% Others, 1.0% Transaction Fees/Commission Income (Other Products), 1.1% Transaction Fees/Commission Income (Listed Securities), 9.5% Trailer Fee, 39.3% Transaction Fees/Commission
Slide 61: Fees Illustration
Fees Illustration (For Wealth Management Platform Services) FUND HOUSES TRAILER FEE PLATFORM FEE PLATFORM FEE B2B UPFRONT FEE B2C CUSTOMERS UPFRONT FEE CUSTOMERS WRAP FEE FX CONVERSION FEES B2B FINANCIAL OTHER FINTECH SOLUTIONS ADVISORY COMPANIES SERVICE FEES FACILITIES 61 iFAST Corporation Ltd. | 2
Slide 62: Licences Held and Products & Services Available
Licences Held and Products & Services Available SINGAPORE Hong Kong Malaysia Licences and Registration Held: Licences and Registration Held: Licences and Registration Held: • Capital Markets Services Licence [MAS] • Type 1 - Dealing in Securities [SFC] • Capital Market Services Licence [SC] • (asAdv
Slide 63: Our Value Proposition
Our Value Proposition PRODUCT B2C DIY INVESTORS GLOBAL BANK ePENSION B2B CUSTOMERS PROVIDERS CUSTOMERS CUSTOMERS • One platform, multiple • One platform, multiple • One platform, multiple • Online account opening • Empower partners with B2C and B2B investment products investment products without geo
Slide 64: iFAST Corp's Risk Journey
iFAST Corp’s Risk Journey 2000-2024 and Beyond iFAST Corp has built upon the following three key elements while braving through multiple economic events over the last 24 years, tiding through the 2001 Dotcom bubble burst, the 2008 Global Financial Crisis and the 2020 Covid pandemic. This has paved t
Slide 65: iFAST Corp's Risk Journey
iFAST Corp’s Risk Journey 2000-2024 and Beyond • Using the analogy of Kart Racing, braking (risk At iFAST, we aim to go far and wide: management) is essential to help the kart accelerate • Thus, we see good risk management as an essential partner as (business strategies) safely through a turn at top
Slide 66: 2Q2026: Activities & Achievements
2Q2026: Activities & Achievements Milestone: iFAST Global Markets Sandakan office grand opening (Malaysia) Achievements: (L-R) Winner of “Most Innovative Use of Technology – Non-bank Financial Institutions (Hong Kong SAR)” award at the FinanceAsia Awards 2026 (Hong Kong); Best Independent Asset Mana
Slide 67: Thank You
Thank You For more information, please visit: www.ifastcorp.com iFAST Corporation Ltd. | 2Q2026 Results Presentation