Gt Capital Holdings, Inc. · PSE:GTCAP
Gt Capital — Maybank Philippine Corporate Day 2025
34 slides from Gt Capital's conference presentation, Jan 21, 2025
Slide 1: Investor Presentation
Built on Trust and Partnerships Investor Presentation For more information, Visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph
Slide 2: Consolidated Financial Highlights
Built on Trust and Partnerships Consolidated Financial Highlights GT Capital Nine Months 2024 Financial and Operating Results
Slide 3: GT Capital Financial Highlights 9M 2024
GT Capital Financial Highlights 9M 2024 Consolidated Php21.72 Billion1 Php23.09 Billion 2 -6% Net Income 9M 2024 9M 2023 1) Includes FLI’s sale of Ortigas lot & Kalayaan lot to TMP (-P196M, +P189M) 2) Includes lot sales to FNG (GT P2.65B, FLI P0.59B) & share in TMP’s CARS incentives P0.22B Net Incom
Slide 4: GT Capital Financial Highlights 9M 2024
GT Capital Financial Highlights 9M 2024 Revenues Revenues Gross Premium Share in Opr. Core Inc. Revenues Php109.8B +10% Php9.5B -28% Php22.6B +16% Php24.3B +21% Php179.8B +10% Net Income Net Income Net Income Core Net Income Net Income Php35.7B* +12% Php652M -65% Php2.0B -2% Php20.8B* +28% Php12.2B*
Slide 5: GT Capital Net Income Contribution per Sector 9M 2024
GT Capital Net Income Contribution per Sector 9M 2024 Others Property Others Property 5% 9%* 4% 3% Infra Infra 12% Auto 15% Auto 26% 25% Banking Banking 50% 52% 9M 2023 9M 2024 Banking + Auto = 75% Banking + Auto = 78% *Includes Php3.9 billion lot sale in 2Q 2023 for Fed Land 5
Slide 6: Our Key Messages
Our Key Messages • Favorable macroeconomic environment drove the record growth of our core businesses. The Group reported a consolidated net income of Php 21.72 billion the first nine months of 2024. • Metrobank's record net income of Php 35.7 billion +12% • Metro Pacific’s record core net income of
Slide 7: Operating Company Highlights
Built on Trust and Partnerships Operating Company Highlights GT Capital Nine Months 2024 Financial and Operating Results
Slide 8: Financial Highlights (Metrobank)
<> Metrobank BA Voure in good hands Financial Highlights P< GT CAPITAL HOLDINGS INCORPORATED 8
Slide 9: Summary of Key Results
Summary of Key Results • Record earnings of Php35.7B +12% in 9M 2024, higher than the previous record of Php31.8B reported in 9M 2023. • Loan growth of +16% to Php1.7T • Deliberate expansion of consumer segment +12%, driven by credit cards +16% and auto +16% • Net Interest Income of Php85.7B +11% (7
Slide 10: Industry Highlights
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Slide 11: Residential Supply and Demand 9M 2024
Residential Supply and Demand 9M 2024 Residential Demand Mix Metro Manila Residential Condominium Supply and Demand RFO (Supply) Take-up (Demand) High End Luxury (over Php12M) Launches (Supply) Upscale (Php7-12M) Middle Income (Php2.3-7M) 80,000 71K Affordable (Php1.4-2.3M) 70,000 13% 5% 15K 25% 60,
Slide 12: Office Supply and Demand 9M 2024
Office Supply and Demand 9M 2024 Metro Manila Office Supply, Demand, Vacancy Rate Office Demand Mix BPO POGO Office Supply (Incremental) Office Take-up (Incremental) Vacancy Rate (Cumulative) Traditional Government 9.1% 15.7% 18.8% 19.3% 18.5% 13% 41% 1.2 1.07 650K 0.98 sqm 1.0 0.91 9M24 0.8 0.74 38
Slide 13: Financial Highlights (Federal Land)
\FEDERALLAND Financial Highlights P45 GT CAPITAL HOLDINGS INCORPORATED
Slide 14: Federal Land Financial Highlights 9M 2024
Federal Land Financial Highlights 9M 2024 Monthly Reservation Sales (Php M) Reservation Sales Mix High End Luxury (over Php12M) 2024 2023 Upscale (Php7-12M) Affordable (<7M) Fuyu Launch 3,820 (July 2023) 9% TGMO2 Launch Quantum3 (Mar 2023) Launch 2,671 22% 2,438 (Apr 2023) Php11.9B 2,205 Siena 2 9M
Slide 15: Summary of Key Messages
Summary of Key Messages • Slowdown of vertical residential segment in Metro Manila attributed to the impact of high interest rates and POGO ban. • Oversupply of Ready-for-Occupancy (RFO, 27K units) in the residential condominium market may result in a correction in the coming period. • Excluding non
Slide 16: Automotive Sector Highlights
Automotive Sector Highlights 17
Slide 17: Philippine Automotive Sector
Philippine Automotive Sector On track to set new records PH Automotive Industry Retail Vehicle Sales (in 000 units) 473 468 439 402 400 410 361 322 269 280 242 346 208 183 142 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Excise Tax Pandemic Source: TMP, CAMPI 18
Slide 18: Philippine Automotive Sector: In line with economic growth
Philippine Automotive Sector In line with economic growth Car Sales GDP Per Capita Motorization 4,000 3,747* 500 3,572 3,500 3,280 3,431 3,414 450 3,108 3,131 3,198 400 Retail Vehicle Sales (in 000 units) 3,000 3,050 Per Capita GDP (in USD) 350 2,974 Motorization: 2,500 2,844 2,718 3,000 300 2,589 2
Slide 19: Financial Highlights
Financial Highlights 20
Slide 20: Electrified Vehicle Market
Electrified Vehicle Market Growing at a fast pace PH Electrified Vehicle Sales (in unit sales) Toyota & Lexus Others Cumulative Sales (Quarterly) 133% YoY EV sales growth 2.4% of 4.1% of total industry sales total industry sales 10,652 14,178 9,238 6,088 4,128 1,165 2,968 4,564 5,110 4,940 4,128 3,1
Slide 21: Toyota and Lexus Electrified Sales
Toyota and Lexus Electrified Sales Toyota HEV Sales as % of Total Sales Combined Lexus HEV Sales as % of Total Sales 93% Toyota + Lexus 71% 5.40% 9M 2024: 2.97% 35% 0.05% 0.29% 0.54% 1.05% 6.3% 14% 8% 17% (9M 2023: 3.6%) Toyota HEV Unit Sales +186% Lexus HEV Unit Sales 8,441 +69% +222% +331% 1,525 1
Slide 22: Sales Growth Supplemented by TFSPH
Sales Growth Supplemented by TFSPH 9M 2024 TFS Quarterly Applications and Penetration Applications +17% Loan Book +15% Penetration 33% 68,344 66,148 59,372 57,385 57,382 60,683 56,382 56,732 56,825 52,958 54,771 53,068 55,041 49,298 49,251 51,790 45,786 38,144 32,164 48% 50% 48% 41% 43% 44% 38% 34%
Slide 23: Toyota CKD Model Performance
Toyota CKD Model Performance Toyota CKD Models CKD/CBU Mix 9M 2024 Higher production CBU CKD in Toyota Sta. Rosa 54% Assembly Plant 30% 48,249 Subcompact PC Segment Share 70% 9M 2024 units assembled 9M 2024 57,820 9M 2024 units to assemble 26% FY2024 Plan VS 29% MPV Segment Share 56,305 71% units as
Slide 24: Lexus maintains Market Leadership in the Auto Luxury segment
Lexus maintains Market Leadership in the Auto Luxury segment Overall Market Share (Luxury) as of 9M 2024 51.7% in 9M24 9M2024 9M2023 40.6% 20.3% 26.7% 18.1% 20.0% 7.8% 9.1% 2.2% 3.6% BMW Mercedes Land Rover Others 27 Source: Lexus
Slide 25: Summary of Key Messages
Summary of Key Messages • The Philippine automotive market remains strong and motorization is on the rise. • Record nine month retail vehicle sales 159,088 units +10.3% vs. industry +7.7% • 46.0% TMP market share • 51.7% Lexus market share • 72.0% Electrified vehicle market share • Both TMP and Lexu
Slide 26: Financial Highlights
Financial Highlights FN GT CAPITAL HOLDINGS INCORPORATED
Slide 27: AXA Financial Highlights 9M 2024
AXA Financial Highlights 9M 2024 Life APE Product Mix (In %) Key Messages UL 64% UL 49% Life 1% 16% RP-UL • Premium income +18% to Php20.2B driven by +73% 25% 48% 27% P&H growth of unit-linked products 35% SP-UL • Asset Master (SP-UL) 24% 24% Others • Asset Protect (SP-UL) 9M2023: Php2.8B 9M2024: Ph
Slide 28: Financial Highlights (Metro Pacific Investments)
METRO PACIFIC Ms INVESTMENTS ‘7 GT CAPITAL HOLDINGS INCORPORATED
Slide 29: MPI Financial Highlights 9M 2024
MPI Financial Highlights 9M 2024 Key Messages • MPIC: Core Income increased by +28% to Php20.8 billion arising from large Meralco Metro Pacific Tollways contributions from power, water, and toll Energy Sales Average Daily Traffic roads. 40,872 GWh +9% 6.1M +9% • Meralco: +11% increase in Core Income
Slide 30: Moving Forward
Built on Trust and Partnerships Moving Forward GT Capital Nine Months 2024 Financial and Operating Results
Slide 31: Reintroducing the iconic Toyota Tamaraw
Reintroducing the iconic Toyota Tamaraw Innovative International Multi-purpose Vehicle (IMV) Zero or ‘Next Generation Tamaraw’ Ambulance and Utility Van Shuttle Service Tamaraw 2.4 GL Dropside DSL A/T Php 1,075,000 Tamaraw 2.4 Utility Van DSL M/T Php 1,142,000 Patrol Car Mobile service Tamaraw 2.4 A
Slide 32: Reintroducing the iconic Toyota Tamaraw
Reintroducing the iconic Toyota Tamaraw Innovative International Multi-purpose Vehicle (IMV) Zero or ‘Next Generation Tamaraw’ • 3rd CKD model to be locally produced at TMP’s manufacturing plant in Santa Rosa City, Laguna by 4Q 2024 Tamaraw Utility Van LWB Tamaraw Dropside Hi Tamaraw Aluminum Van Ta
Slide 33: Reintroducing the iconic Toyota Tamaraw
Reintroducing the iconic Toyota Tamaraw Innovative International Multi-purpose Vehicle (IMV) Zero or ‘Next Generation Tamaraw’ Select IMV-0 Use Cases at the Philippine International Motor Show (in partnership with Toyota Mobility Solutions Philippines) Ambulance and Utility Van Shuttle Service Mobil
Slide 34: Thank You!
Built on Trust and Partnerships Thank You! For more information, Visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph
GT Capital Holdings — Maybank Philippine Corporate Day 2025 on 6ix