Genting Bhd. · MYX:GENTING

Genting Bhd — Shareholder Meeting (June 2025)

66 slides from Genting Bhd's shareholder meeting presentation, Jun 12, 2025

Slide 1: 57th Annual General Meeting Corporate Presentation
57th ANNUAL GENERAL MEETING Corporate Presentation 12 June 2025 Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 13AGM 12 57TH June12 2025 June#2025 1
Slide 2: Agenda
AGENDA 01 Financials 02 Business updates 03 Sustainability 04 Questions from MSWG & our responses Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 12AGM 57TH June12 2025 June#2025 2
Slide 4: Resilient financials
Resilient financials Total Revenue Adjusted EBITDA Net Profit (RM billion) +2% (RM billion) (RM billion) 27.1 27.7 -1% 21.6 22.4 8.84 8.78 7.9 7.3 13.5 -11% 11.6 3.7 4.0 2.9 2.3 2.0 0.04 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 (1.4) (2.1) Copyright ©
Slide 5: Robust balance sheet
Robust balance sheet Total Assets Total Equity Total Cash1 (RM billion) (RM billion) (RM billion) 102.0 99.6 102.4 102.5 106.8 105.1 59.3 56.1 30.9 54.5 53.2 52.9 53.5 26.6 23.1 22.5 24.3 23.1 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 2019 2020 2021 2022 2023 2024 1 Includes restri
Slide 6: Consistent dividends
Consistent dividends Dividend per share (sen) 9.5 8.5 9.0 9.0 6.0 5.0 11.0 6.5 6.5 7.0 6.0 6.0 2019 2020 2021 2022 2023 2024 Interim Final Special Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 12AGM 57TH June12 2025 June#2025 6
Slide 7: Leisure & Hospitality – key performance driver
LEISURE & HOSPITALITY – key performance driver Revenue (by division) Adjusted EBITDA (by division) 82% 83% 90% 84% 11%11% 8% 10% 9% 8% 6% 5% 1% 1% -7% -2% Leisure & Plantations Energy Investment & Hospitality 2023 2024 Others Leisure & Plantations Energy Investment & Hospitality others 2023 2024 Cop
Slide 8: Group Capital Commitments
Group Capital Commitments FY 2024 FY 2023 YOY YOY (RM million) (RM million) (RM million) composition Genting Malaysia - Malaysia 2,413 2,139 +274 2.2% - UK 374 244 +130 1.0% - US & Bahamas 399 186 +213 1.7% Genting Singapore 21,702 15,304 +6,398 51.6% Renewal and refresh - RESORTS WORLD SENTOSA Gent
Slide 12: Power Happenings in 2025
RESORTS Power WORLD GENTING Happenings in 2025 Celebrating GENTING DIAMOND JUBILEE with exciting events, prizes and activities throughout the year ! Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 5712 13 TH June AGM2025 # 12 12 June 2025
Slide 13: Power Happenings in 2025
RESORTS Power WORLD GENTING Happenings in 2025 Come and join the fun ! Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 5713 TH June AGM2025 # 13 12 June 2025
Slide 14: Resorts World New York City expansion plan
RESORTS Power WORLD NEW YORK CITY Transformative USD5 billion expansion plan (part of bid preparation for a full casino licence in downstate New York) • CLOSELY MONITORING developments related to the New York Gaming Facility Board’s Request for Applications; and • PREPARING to participate in the bid
Slide 15: Empire Resorts Inc. acquisition
EMPIRE Power RESORTS INC. Genting Malaysia - acquired remaining membership interest in Empire Resorts Inc. to: • SOLIDIFY ITS POSITION as the market leader in the increasingly competitive New York gaming sector. • REALISE THE OPERATING SYNERGIES between Resorts World New York City and Empire Resorts
Slide 16: Genting UK: Aspers Stratford Casino acquisition
GENTING Power UK Strengthening its foothold in London’s casino market April 2025 – acquired Aspers Stratford Casino, London Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 5713 TH June AGM2025 # 16 12 June 2025
Slide 19: Resorts World Sentosa lifestyle space
RESORTS Power WORLD SENTOSA More than 20,000 sqm Inspired by Singapore’s of lifestyle space vibrant tropical beauty mid-2025 Soft Opening Discover over 40 iconic lifestyle brand stores, including Asia-exclusive flagship boutiques, new culinary concepts and more. Copyright © 2025 Genting Berhad 19680
Slide 20: Singapore's first Luxury Collection Resort
RESORTS Power WORLD SENTOSA Q3 2025 Opening Singapore's first Luxury Collection Resort In partnership with Marriott International Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 5712 TH June AGM2025 # 20 12 June 2025
Slide 21: Singapore Oceanarium
RESORTS Power WORLD SENTOSA Q3 2025 Soft Opening SINGAPORE OCEANARIUM  Engaging visitors through multi-sensory The Research & Learning Centre discovery and hands-on experiences  Centre of excellence - hub for  Unique blend of live habitats, state-of-the-art knowledge exchange, collaboration digit
Slide 22: RWS 2.0 Waterfront Complex
RESORTS Power WORLD SENTOSA RWS 2.0 WATERFRONT COMPLEX New Defining Feature A Monumental Gateway  Iconic Biophilic Architecture  Two New Hotels with 700 Keys  Stimulating Waterfront Promenade  Experiential Mountain Trail  A New Luxury Retail, Dining and Entertainment Experience  New Sculptural
Slide 24: Happenings in 2025
RESORTS Power WORLD LAS VEGAS Happenings in 2025 Resorts World Theatre  The Strip’s premier theatre welcomed star- studded talents at the stunning 5,000- capacity entertainment venue.  Global icon Janet Jackson returns to the theatre for her highly acclaimed residency JANET JACKSON: LAS VEGAS Food
Slide 26: Genting Plantations 2024 results
GENTING Power PLANTATIONS 2024 revenue higher - attributed to strong palm product prices Slight decline in production and yield Revenue Average selling price FFB production FFB yield 2,500 4,000 2,400 20 2,472 3,866 18 3,500 2,000 2,112 17.6 2,400 2,068 3,483 16 16.9 3,000 14 2,339 1,600 2,300 RM mi
Slide 27: 2025 Outlook
GENTING Power PLANTATIONS 2025 OUTLOOK  Palm oil prices eased in 1Q2025, due to seasonal recovery in production and expected build-up in palm oil stocks  Expect prices to stabilise in near team, supported by purchases from key importing countries, following recent palm oil price correction.  Esca
Slide 28: 2025 Outlook
GENTING Power PLANTATIONS 2025 OUTLOOK  Fresh fruit bunches production is expected to increase in 2025, as existing mature areas in Indonesia progress to higher yielding brackets.  Ongoing replanting activities in Malaysia, while ensuring production growth in the long term, may moderate production
Slide 29: Downstream Manufacturing
DOWNSTREAM Power MANUFACTURING  Remains challenging for 2025, given ongoing intense competition from Indonesian counterparts.  Its palm-based biodiesel will continue to predominantly cater to the Malaysian biodiesel mandate - limited export market opportunities now. SUSTAINABILITY INITIATIVE Solar
Slide 30: Agriculture Technology: AI-Driven Genomic Seeds
AGRICULTURE Power TECHNOLOGY AI-Driven Genomic Seeds High Yield and High Precocity AgTech Key Achievements 25th month Early harvesting Higher than conventional 30% planting materials 18.2 mt 1st Cropping Year (25-36 months) 32.5 mt 2nd Cropping Year (36-48 months) 40.0 mt 3rd Cropping Year (48-56 mo
Slide 31: Agriculture Technology: Biological Solutions
AGRICULTURE Power TECHNOLOGY Biological Solutions • Green & Sustainable Agriculture Key Achievements AgTech 10-15% 25% Yield Reduction of Increment Inorganic Fertiliser  Adoption of 6,200 ha within GENP Estates Beneficial Microbes  To expand biofertiliser production site in Sabah A new series of s
Slide 32: Agriculture Technology: DigitalAg
AGRICULTURE Power TECHNOLOGY DigitalAg • Revolutionising Data-driven Plantation AgTech Key Achievements Intuitive Data Collection  Mobile Devices for Operation Input  In-house Developed Internet-of-Things  Telematics Vehicle Tracking Predictive AI  Automated Palm Count & Inventory  Palm Health
Slide 33: Agriculture Technology: Maize Planting
AGRICULTURE Power TECHNOLOGY Maize Planting Public-Private Partnership • Addressing Food Security Concern AgTech Signing of Memorandum of Understanding with Ministry of Agriculture and New Corn Variety Crop Diversification Precision Farming & AI-driven Food Security Development Agronomy 300 hectares
Slide 35: Property launches well received
GENTING Power PROPERTY Property launches - well received Pura Kencana - GIC Indahpura – Diamond Avenue Types Terrace Factory Semi-Detached Factory Detached Factory Double-Storey Shop offices Three-Storey Shop offices Units 60 62 26 46 20 Price RM770k RM1.9 mil RM3.7 mil RM1.3 mil RM1.8 mil Average t
Slide 36: Maiden Launch of U.REKA in 2025
GENTING Power PROPERTY Maiden Launch of U.REKA in 2025 – 317 Residential Properties (GDV RM275 million) BANDAR PUTRA SENAI Total Size Total Units (IOI PROPERTIES) INTERNATIONAL 306 2,611 AIRPORT INDAHPURA VERVO CENTRAL acres CITY i-PARK @ QUARRY INDAHPURA AMBER QUARRY INDAHPURA INDUSTRIAL AVENUE GDV
Slide 37: Premium Outlets revenue
PREMIUM Power OUTLETS® Improved sales attributable to enhanced tenant mix 250 New Additions: 200 Revenue (RM million) 150 100 50 0 2023 2024 Genting Highlands Premium Outlets ® Johor Premium Outlets ® Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 5712 TH June A
Slide 38: First Premium Outlets in Indonesia
First Power PREMIUM OUTLETS® in Indonesia Commenced March 2025 Gross Leasable Area (GLA) – 310,000 sq ft No. of Brand Partners – 150 No. of Car Parks – 1,140 Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 5712 TH June AGM2025 # 38 12 June 2025
Slide 39: Premium Outlets - more milestones
PREMIUM Power OUTLETS® - more milestones Gold winner Putra Brand Awards Johor Premium Outlets® 2024 - poised to be Southeast Asia’s largest fast Solar panels installed for charging EV hub renewable energy to power Premium Outlets® Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Res
Slide 41: Power
POWER Power BANTEN POWER PLANT, Indonesia  Expects to maintain steady performance in 2025, with high plant load factor and availability  Remains top-ranked among the thermal power plants on Java Island.  Successfully completed its first major outage in February 2024 since operations commenced in
Slide 42: Oil & Gas
OIL & GAS Power CHENGDAOXI BLOCK, China KASURI BLOCK, Indonesia Positive outlook, despite lower Three wells were successfully contribution expected in 2Q2025 due spudded in 2024 to declining global crude oil prices. (during re-entry operations at ASAP-4X, ASAP-3X, and ASAP-2X wells) Three new wells
Slide 43: Renewable Energy
RENEWABLE Power ENERGY JANGI WIND FARM, DONGWUCHA SOLAR POWER PLANT, India China • Group’s first renewable power plant. • Commenced operation in May 2025, • Estimated to offset 2.4 million adding 120 megawatt-peak of gross tonnes equivalent of carbon dioxide installed capacity to Genting Energy’s em
Slide 44: Under development: FLNG and Zhoushan power plant
Under Powerdevelopment Floating Liquefied Natural Gas, Indonesia  Key contracts secured in 2024 (to procure, construct, install and commission midstream facilities and pipeline to transport processed gas to FLNG facility).  FLNG facility - about 54% constructed (May 2025)  Project financing - to
Slide 46: Fontaine Vitale
FONTAINE VITALE  Establishing Genting Berhad’s first stem cell facility in Bali, Indonesia  First facility in ASEAN to offer placenta-derived allogeneic stem cell therapy through our strategic partnership with Celularity Inc.  Expected to start commercial operations - end 2026. Copyright © 2025 G
Slide 48: Sustainability Highlights
Sustainability Highlights 2024 GROUP-WIDE GROUP-WIDE GROUP-WIDE RESORTS WORLD SENTOSA RM25.0 ZERO major 100% million incidents of corruption, bribery, non-compliance of our operating Community investments and human rights properties have water – benefitted over 320,000 Protecting the ecosystem viola
Slide 49: Awards & Recognition
Awards & Recognition Notable 2024 awards include:  RESORTS WORLD SENTOSA - Travel  GENTING PLANTATIONS – Overall Excellence Trade Gazette Travel Hall of Fame, Award recipient at National Corporate winner of Best Integrated Resort for Governance & Sustainability Awards 2024 by 10 consecutive years
Slide 50: Sustainability Achievements
Sustainability Achievements GENTING GENTING GENTING GENTING ENERGY MALAYSIA SINGAPORE PLANTATIONS M&C Asia Stella Awards Constituent of FTSE4Good Index 2024 Best Sustainability Initiative (Hotel) 100% RSPO certified in Malaysia 100% since 2018 Local environmental compliance - Banten power plant RESO
Slide 51: Outlook
Outlook  Our Group remains cautiously optimistic on the near- term and positive in the longer term  Amid heightened geopolitical trade tensions and macroeconomic headwinds, we continue to adopt a prudent and adaptive approach to navigate through a challenging global environment. Copyright © 2025 G
Slide 52: Celebrating 60 years of Genting
GENTING GROUP Celebrating 60 years of GENTING the epitome of enduring strength, ready for the future 52 th
Slide 53: Questions from MSWG and Our Responses
57th ANNUAL GENERAL MEETING 12 June 2025 Questions from Minority Shareholders Watch Group (“MSWG”) and Our Responses Copyright © 2025 Genting Berhad 196801000315 (7916-A). All Rights Reserved. 57th AGM 5712 TH June AGM2025 # 53 12 June 2025
Slide 54: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q1. “RWS 2.0 developments are progressing, with new attractions unveiled in phases. The Waterfront development, which began in November 2024 and is slated for completion in 2030.” (Page 4 of IAR 2024) Given extended timelines and rising global co
Slide 55: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q1. Our response: We proactively monitor and implement measures to manage project costs and timeline. These measures include value engineering to improve design efficiency, phased procurement of key materials and contingency planning to address c
Slide 56: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q2.“Genting Plantations has intensified its crop diversification efforts, converting 140 hectares of oil palm land in Peninsular Malaysia to maize cultivation and collaborating with government agencies on research and development to optimise yiel
Slide 57: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q2. Our response: As part of its commitment to sustainable agriculture, Genting Plantations has recently embarked on crop diversification efforts through maize cultivation, which also aligns with Malaysia's National Food Security Agenda. The prov
Slide 58: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q2. Our response: Additionally, these pilot plots serve as a testing ground for implementing and refining advanced cultivation techniques, precision farming methodologies, and AI-driven agronomic practices to enhance maize production efficiency.
Slide 59: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q3. “Genting Berhad will establish its first stem cell facility named “Fontaine Vitale” in the Sanur Special Economic Zone in Bali, Indonesia which aims to be a world class medical and wellness destination” (Page 6 of IAR 2024). “This will be the
Slide 60: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q3(a) Our response: Fontaine Vitale is a joint venture between Genting Berhad and two Indonesian partners, operating through PT Astana Bangun Sejahtera. The venture benefits from the expertise of local shareholders, advisors and consultants, and
Slide 61: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q3(b) Our response: Since 2018, the Genting Group has been a long-term investor in Celularity Inc., a NASDAQ-listed company involved in cellular and regenerative medicine. Both Genting and PT HIN had conducted separate due diligence on Celularity
Slide 62: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q4. The table below sets forth the total remuneration to Mr Tan Kong Han, the Chief Executive, President and Executive Director for FY2023 and FY2024: RM’000 FY2023 FY2024 % Change Fees 260 4,888 +1780.0% Salary 6,327 6,736 +6.5% Bonus 4,180 3,88
Slide 63: Questions from MSWG
Questions from MSWG Operational and Financial Matters Q4. Our response: The significant increase in Director’s Fees is attributed to the USD 1 million payable to Dato’ Sri Tan Kong Han as Director of Genting Oil & Gas Limited and Genting Power Holdings Limited (Genting Energy Group) for year 2022 an
Slide 64: Questions from MSWG: Sustainability
Questions from MSWG Sustainability Q5. Genting Energy’s Zhoushan gas power plant is described as hydrogen-ready, with capabilities to co-fire LNG with 10% to 50% hydrogen. However, green hydrogen remains costly and is commercially limited, especially in eastern China. Please clarify whether the hydr
Slide 65: Questions from MSWG: Sustainability
Questions from MSWG Sustainability Q5. Our response: By being hydrogen-ready today, the plant is trying to ensure that it can seamlessly adapt as hydrogen becomes more accessible and commercially feasible. This flexibility is a strategic advantage in the energy landscape. Having the capability to fi
Slide 66: Thank You
GENTING GROUP THANK YOU Visit us at www.genting.com Disclaimer Some of the statements made in this presentation which are not statements of historical facts are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the di

Genting Berhad — Shareholder Meeting (June 2025) on 6ix

Genting Bhd — Shareholder Meeting (June 2025)

Slide 1: 57th Annual General Meeting Corporate Presentation

Slide 2: Agenda

Slide 3: Financials

Slide 4: Resilient financials

Slide 5: Robust balance sheet

Slide 6: Consistent dividends

Slide 7: Leisure & Hospitality – key performance driver

Slide 8: Group Capital Commitments

Slide 9: Corporate Video

Slide 10: Business Updates

Slide 11: Genting Malaysia

Slide 12: Power Happenings in 2025

Slide 13: Power Happenings in 2025

Slide 14: Resorts World New York City expansion plan

Slide 15: Empire Resorts Inc. acquisition

Slide 16: Genting UK: Aspers Stratford Casino acquisition

Slide 17: Genting Singapore

Slide 18: Resorts World Sentosa opened Feb 2025

Slide 19: Resorts World Sentosa lifestyle space

Slide 20: Singapore's first Luxury Collection Resort

Slide 21: Singapore Oceanarium

Slide 22: RWS 2.0 Waterfront Complex

Slide 23: Resorts World Las Vegas

Slide 24: Happenings in 2025

Slide 25: Genting Plantations

Slide 26: Genting Plantations 2024 results

Slide 27: 2025 Outlook

Slide 28: 2025 Outlook

Slide 29: Downstream Manufacturing

Slide 30: Agriculture Technology: AI-Driven Genomic Seeds

Slide 31: Agriculture Technology: Biological Solutions

Slide 32: Agriculture Technology: DigitalAg

Slide 33: Agriculture Technology: Maize Planting

Slide 34: Property

Slide 35: Property launches well received

Slide 36: Maiden Launch of U.REKA in 2025

Slide 37: Premium Outlets revenue

Slide 38: First Premium Outlets in Indonesia

Slide 39: Premium Outlets - more milestones

Slide 40: Genting Energy

Slide 41: Power

Slide 42: Oil & Gas

Slide 43: Renewable Energy

Slide 44: Under development: FLNG and Zhoushan power plant

Slide 45: Life Sciences

Slide 46: Fontaine Vitale

Slide 47: Sustainability

Slide 48: Sustainability Highlights

Slide 49: Awards & Recognition

Slide 50: Sustainability Achievements

Slide 51: Outlook

Slide 52: Celebrating 60 years of Genting

Slide 53: Questions from MSWG and Our Responses

Slide 54: Questions from MSWG

Slide 55: Questions from MSWG

Slide 56: Questions from MSWG

Slide 57: Questions from MSWG

Slide 58: Questions from MSWG

Slide 59: Questions from MSWG

Slide 60: Questions from MSWG

Slide 61: Questions from MSWG

Slide 62: Questions from MSWG

Slide 63: Questions from MSWG

Slide 64: Questions from MSWG: Sustainability

Slide 65: Questions from MSWG: Sustainability

Slide 66: Thank You