Dmci Holdings Inc. · PSE:DMC

Dmci — Shareholder Meeting (2020)

18 slides from Dmci's shareholder meeting presentation, 2020

  1. Slide 1: Message from the Chairman

  2. Slide 2: Ayala Center Cebu

    Ayala Center Cebu

  3. Slide 3: Income drop due to weak coal prices, lower construction accomplishments and impairment loss

    Income drop due to weak coal prices, lower construction accomplishments and an impairment loss Net Income (in #8) -27% 14.5 10.5 2018 2019 1 \ Ly Core Net Income (in ®B) -14% 14.5 12.4 2018 2019 HOLDINGS ORPORATED

  4. Slide 4: Market conditions and regulatory restrictions no longer support our original valuation

    Market conditions and regulatory restrictions no longer support our original valuation of ZDMC and ZCMC Zambales mining port

  5. Slide 5: Lower variation orders and claims reduced gross profit margin

    Lower variation orders and claims for projects nearing (1) completion reduced gross profit margin Kee D.M. CONSUNIJI, IN Net Income Contribution (in ®M) Gross Profit Gross Profit °B 48% -10 pp 1,212 2018 2019 2018 2019 2018 2019

  6. Slide 6: Decline due to lower construction accomplishments and labor shortage

    Decline due to lower construction accomplishments @ pci HOMES and labor shortage a -—— _ NetIncome Contribution ——— (in PB) -4% 2018 2019

  7. Slide 7: Decline due to double-digit drop in average coal prices and power generation

    Decline due to double-digit drop in average coal prices and power generation 2018 (in PB) -20% Net Income Contribution 2019 Average Coal Prices in ®/MT -22% 2018 2019 Total Power Generation in GWh 2018 -22% 2019

  8. Slide 8: Growth due to retroactive non-fuel tariff adjustment and higher electricity sales

    Growth due to retroactive non-fuel tariff adjustment and higher electricity sales -—— Net Income Contribution (in PM) +31% 2018 2019 DMCI POWER CORPORATION Total Electricity Sales +7% 329 2018 2019 OR Mindoro m Masbate ™ Palawan 2018 2019 ‘includes ®1.13/kWh for Aborian plant

  9. Slide 9: Net loss owing to non-cash goodwill impairment charge

    Net Income Contribution {in PM) -1,344% 117 -1,455 2018 2019 Net loss owing to non-cash goodwill impairment charge of 1.6 5 billion pesos for ZDMC and ZCMC La DMCI_MINING CORPORATION Average Selling Price* in USS -45% 49 2014 2019 Estimated Reserves* -30% 2014 2019 m<1S% @15-179% m18%andup “for Zamb

  10. Slide 10: Drop due to higher amortization and depreciation expenses, and tariff adjustment deferment

    Drop due to higher amortization and depreciation expenses, and tariff adjustment deferment 2018 (in PB) -4% r—— Core Income Contribution 2019 @ Maynilad Amortization Depreciation in PB in®M +17% +66% 32 595 357 2018 2019 2018 2019

  11. Slide 11: The DMCI group has been cooperating with the government to contain the viral outbreak

    The DMCI group has been cooperating with the government to contain the viral outbreak COVID-19 Response during ECQ e Required non-essential employees to work from home ¢ Kept key facilities running e Provided free shuttle service or board and lodging to essential employees ¢ Halted construction and

  12. Slide 12: We spent over P1.3 billion to support employees and other stakeholders during ECQ

    We spent over P1.3 billion to support our employees and other stakeholders during ECQ Consolidated ECQ Spending (in ®M) = Employee Salaries ® Pro-rated 13" Month Pay ™ Assistance to Workers, Service Providers, etc. © Donations, etc.

  13. Slide 13: Our companies are adopting precautionary measures in the workplace

    Our companies are adopting a combination of precautionary measures in the workplace Precautionary Measures * Rapid Testing * Regular temperature checks and health monitoring * Frequent sanitation * Mandatory PPEs * Reconfigured work spaces * Virtual meeting platforms * Flexible work arrangements

  14. Slide 14: We expect weak demand and low selling prices to affect most of our businesses

    We expect weak demand and low selling prices to affect most of our businesses Our Business Challenges * Reduced economic activities * Supply chain disruptions * Job insecurity * Lower overseas remittances * Marked slowdown in investments

  15. Slide 15: We can count on our healthy balance sheet and low debt exposure

    We can count on our healthy balance sheet and low debt exposure to sustain us during this difficult time Liquidity and Debt per Company (in ®B) as of June 30, 2020 <—cIm * Parent Omci* panes SMPC DMCI Power a Total Homes Mining == Current Debt (0) 0.3 7.3 7.0 0 0 14.6 mam Noncurrent Debt 0 0 21.0 14

  16. Slide 16: Our companies are deferring part of their capex this year

    Our companies are deferring part of their capex this year Consolidated Capex (in #8) -52% 40.4 Pre-ECQ Post-ECQ. Subsidiary Capex (in PB) 31 DMC! Homes 14 mw Pre-ECQ mPost-ECQ

  17. Slide 17: We are taking steps to manage our operating expenses

    We are taking steps to manage our operating expenses OPEX Management Plan e Freeze hiring of non-critical positions e Job rotation, expansion and re-assignment ¢ Cut non-essential business costs e Control and expedite receivables e Dispose of non-core assets

  18. Slide 18: Slide 18

DMCI Holdings — Shareholder Meeting (2020) on 6ix