Ho Bee Land Limited · SGX:H13
Ho Bee Land — Shareholder Meeting (April 2026)
20 slides from Ho Bee Land's shareholder meeting presentation, Apr 29, 2026
Slide 1: 38th Annual General Meeting
th 38 Annual General Meeting 29 April 2026
Slide 2: Table of Contents
Table of FY2025 Summary of Financial Results 03 Contents Overview of Portfolio of Assets 05 Investment Properties 06 Development Properties 09 Sustainability 14 Capital Management 16 5-Year Financial Summary 18 FY2025 in Summary 19
Slide 3: FY2025 Financial Performance
FY2025 Financial Performance Total Revenue (S$’M) Profit After Tax & Non-controlling Interests (S$’M) 528 109.6 100.2 445 440 262 189 200 256 266 240 (259.8) 2023 2024 2025 Investment Property Development Property 2023 2024 2025 | 3
Slide 4: FY2025 Financial Performance
FY2025 Financial Performance Development Sales Revenue (S$’M) Rental Revenue (S$’M) 262.3 265.7 255.8 239.9 189.1 200.1 152.7 151.8 138.3 103.1 113.9 101.6 2023 2024 2025 2023 2024 2025 Singapore United Kingdom | 4
Slide 5: Overview of Portfolio of Assets
Overview of Portfolio of Assets By Geography By Sector China Others Australia Others 1% 1% Residential 7% 6% 15% United S$6.5bn S$6.5bn Singapore Commercial Kingdom 46% 79% 45% Singapore United Kingdom Australia China Others Residential Commercial Others | 5
Slide 6: Investment Properties
INVESTMENT PROPERTIES • Singapore • London The Metropolis
Slide 7: Singapore
Singapore The Metropolis ▪ Maintained strong performance with average occupancy of >90% in FY2025 ▪ Secured an inaugural S$460 million Sustainability-Linked Loan Elementum ▪ First full year of operations in FY2025 Elementum (left); The Metropolis (right) ▪ Strong demand with >90% average occupancy |
Slide 8: London, UK
London, UK 1.52m sq ft Total lettable area The Scalpel Ropemaker Place 1 St Martin’s Le Grand ~5 years WALE 60 St Martin’s Lane 110 Park Street 39 Victoria Street 67 Lombard Street | 8
Slide 9: Development Properties
DEVELOPMENT PROPERTIES • Australia • China • Singapore 9 Cape Royale, Sentosa Cove
Slide 10: Australia – Projects Update
Australia – Projects Update >500 Land lots handed over to buyers in FY2025 Tarneit, Victoria Upper Coomera, Queensland A$222M Total Revenue Mickleham, Victoria Park Ridge, Queensland | 10
Slide 11: Australia – Selected Future Pipeline
Australia – Selected Future Pipeline Elimbah Ripley – Bayliss Road Batesford Donnybrook Queensland Victoria 181.4 hectares 22.0 hectares 23.6 hectares 15.8 hectares 1,400 Residential lots 367 lots 374 lots 111 lots 64 Industrial lots Total pipeline YTD 2026: >5,000 lots | 11
Slide 12: China Projects
China Projects Tangjiawan & TOD, Jinluyuan, Nanhu Eco City, Tangshan Zhuhai Tianjin Ownership interest: 20% Ownership interest: 50% Ownership interest: 49% Total units: 4,050 Total units: 260 Total units: 752 99% sold 100% sold 100% sold | 12
Slide 13: Singapore – Sentosa Cove
Singapore – Sentosa Cove ▪ Achieved sales of ~S$90 million in FY2025 ▪ Maintained high average occupancy rate of ~90%1, achieved annual gross rent revenue of >S$30 million Cape Royale (35%2) Seascape (50%2) Turquoise (90%2) Notes: 1. Excluding units set aside for sale. 2. Represents Ho Bee Land’s ef
Slide 14: Sustainability
SUSTAINABILITY Pa eetct aR Elementum
Slide 15: Sustainability Performance Highlights
Sustainability Performance Highlights Surpassed GHG reduction target of 18% ahead of the original FY2026 timeline Achieved 13.6% reduction in Scope 1 and 2 emissions in FY2025 S$460 Million Sustainability-Linked-Loan Secured for The Metropolis in FY2025 | 15
Slide 16: Capital Management
CAPITAL MANAGEMENT The Scalpel
Slide 17: Overview of Capital Management
Overview of Capital Management Total Debt (S$’M) 0.61x Net Debt / Equity (FY2024: 0.66x) 3,065 2,624 2,526 70% of Fixed Rate Debt (FY2024: 56%) >2 Years Weighted-Average Debt Maturity 2023 2024 2025 | 17
Slide 18: 5-Year Financial Summary
5-Year Financial Summary Earnings per share (cents) Net asset value per share (S$) 49.8 5.9 5.9 25.0 16.5 15.1 5.7 5.6 2021 2022 2023 2024 2025 5.4 (39.1) 2021 2022 2023 2024 2025 Dividend per share (cents) Return on equity (%) 8.8 10.0 8.0 4.2 3.0 2.7 4.0 5.0 3.0 2021 2022 2023 2024 2025 2021 2022
Slide 19: FY2025 in Summary
FY2025 in Summary Net profit of S$100.2M Financial prudence with S$98.0M net reduction in total borrowings Proposed 5.0 cents dividend payout Surpassed greenhouse gas reduction target of 18% ahead of original FY2026 timeline* Active portfolio management in the UK and expansion of the Australian land
Slide 20: Thank You
THANK YOU.