Singapore Post Ltd. · SGX:S08

Singapore Post — Shareholder Meeting (July 2024)

17 slides from Singapore Post's shareholder meeting presentation, Jul 24, 2024

1. Slide 1: Reset for Sustainable Growth

   RESET FOR SUSTAINABLE GROWTH FY2023/24 Annual General Meeting 24 July 2024 1

2. Slide 2: FY23/24 Key Highlights

   FY23/24 Key Highlights Strategic Review Revenue of completed, S$1.69 billion Group reorganised S$81.5 million net profit* Among top 5 logistics providers 110.2% 28.1% in Australia by revenue YoY growth YoY growth in net profit* in underlying net profit 2 * Including exceptional items of S$36.8 million

3. Slide 3: Reset for Sustainable Growth: 5 Strategic Thrusts

   Reset for Sustainable Growth: 5 Strategic Thrusts Strategic Reorganisation capital of the Group management Australia Singapore International Achieving scale Transforming Building tech-driven urban logistics excellence to serve and deliveries cross-border customers 3

4. Slide 4: Strategic Thrust: Reorganisation of the Group

   Australia Singapore International Strategic Thrust: Reorganisation of the Position each business unit for growth in its Group respective market segment Provide clarity of valuation of businesses against comparable market and sector ratings Create flexibility and facilitate future optionalities 4

5. Slide 5: Australia: Achieving Scale

   Australia: Achieving Scale FMH revenue and EBITDA (A$ million) If Border Express had been consolidated for the full FY23/24: Revenue: +72% YoY | EBITDA: +57% YoY Revenue EBITDA Without FY23/24 Highlights synergies ✔ Increase in FMH stake wef Dec 2023 ✔ Acquired Border Express in Mar 2024 ✔ Integrati

6. Slide 6: Singapore: Transforming Urban Logistics and Deliveries

   Singapore: Transforming Urban Logistics and Deliveries FY23/24 Highlights Strategic Thrust - Singapore ➢ Build on strength of postal network ✔ 165 years of postal service to capture growth of eCommerce ✔ Continued high service quality - over 99% logistics next day delivery ➢ Re-engineer network; inn

7. Slide 7: International: Serving Cross-border Customers

   International: Serving Cross-border Customers FY23/24 Highlights ✔ Rebuilding cross-border business ✔ Enhanced international network with multi-modal hubs and working with postal and commercial partners Strategic Thrusts - International ➢ Expand cross-border eCommerce logistics business, riding on g

8. Slide 8: Strategic Thrust: Strategic Capital Management

   Optimise balance sheet Monetise non-core assets and businesses Recycle capital - lower leverage, reinvest in Strategic Thrust: growth, return to shareholders Strategic Capital Dividend payout (cts per share) Management Revised dividend policy 0.74 Payout of 30-50% of 0.58 underlying net profit, takin

9. Slide 9: FY23/24 Financial Highlights

   FY23/24 Financial Highlights S$1,686.7 million S$81.5 million S$41.5 million Revenue Net Profit After Tax Underlying Net Profit 9.9% YoY 110.2% YoY * 28.1% YoY Good results from Group’s growth initiatives despite challenges in operating environment Improvements across Group’s core businesses Mix of bu

10. Slide 10: Logistics: FY23/24 Performance

    Logistics: FY23/24 Performance Logistics Revenue Logistics Revenue Breakdown S$m 1,322.4 S$1,165.3 million 1,165.3 Others 11.9% YoY Freight forwarding Logistics Operating Profit Australia S$67.4 million business 20.5% YoY 10 Note: Including inter-segment revenue

11. Slide 11: Post & Parcel: FY23/24 Performance

    Post & Parcel: FY23/24 Performance Post & Parcel Revenue Post & Parcel Revenue Breakdown S$m S$514.1 million 514.1 524.5 2.0% YoY Domestic Post & Parcel Operating Profit S$7.5 million International vs S$12.0m loss last FY 11 Note: Including inter-segment revenue

12. Slide 12: Property: FY23/24 Performance

    Property: FY23/24 Performance Property Revenue S$77.7 million 1.4% YoY Property Operating Profit S$42.2 million 5.1% YoY 12 Note: Including inter-segment revenue

13. Slide 13: Target New Segment Reporting from FY24/25

    Target New Segment Reporting from FY24/25 FY23/24 Segments New Segments from FY24/25 Logistics Australia Post & Parcel Singapore Property International Others Corporate Investment holdings Properties Others 13

14. Slide 14: Financial Position

    Financial Position ✔ Sound balance sheet ➢ Healthy liquidity ratios ➢ Cash and cash equivalents of S$476.7 million ➢ Higher borrowings for acquisitions of remaining 12% interest in FMH (December 2023) and Border Express (March 2024) 14

15. Slide 15: Making Every Delivery Count for People and Planet

    Making Every Delivery Count for People and Planet Cherishing Our Planet 11% YoY reduction Scope 1 and 2 emissions1 for global emissions Climate-related physical & transitional opportunities & risks assessment continues for business resiliency 26% reduction Scope 1 and 2 emissions from FY18/19 baseli

16. Slide 16: Making Every Delivery Count for People and Planet

    Making Every Delivery Count for People and Planet Collaborative Partnerships Culture of Trust Best Innovation Strategy & Commitment Great Place to Work® to Sustainability at World Post & Parcel Awards 2023 CertifiedTM company in the markets of Australia, China, Adoption of Singapore, and Taiwan3 Arti

17. Slide 17: Thank You

    Thank You Making Every Delivery Count for People and Planet

Singapore Post — Shareholder Meeting (July 2024) on 6ix