Yeo Hiap Seng Ltd · SGX:Y03

Yeo Hiap Seng — Shareholder Meeting (May 2020)

29 slides from Yeo Hiap Seng's shareholder meeting presentation, May 11, 2020

  1. Slide 1: Annual General Meeting::Voluntary Announcement

    5/11/2020 Annual General Meeting::Voluntary ANNUAL GENERAL MEETING::VOLUNTARY Issuer & Securities Issuer/ Manager YEO HIAP SENG LTD Security YEO HIAP SENG LTD - SG1I10878425 - Y03 Announcement Details Announcement Title Annual General Meeting Date &Time of Broadcast 11-May-2020 17:38:56 Status New A

  2. Slide 2: Attachments

    5/11/2020 Annual General Meeting::Voluntary YHS-01-AGM%20Outcome.pdf YHS-02-AGM%20Presentation.pdf Total size =1001K MB https://links.sgx.com/1.0.0/corporate-announcements/WL2THS7SJWCZR4NR/076a6afe46c99d3ebb24e2bd037e558579b186d04e2e32eb6df21a… 2/2

  3. Slide 3: Results of the Adjourned Sixty-Fourth Annual General Meeting

    YEO HIAP SENG LIMITED (Incorporated in Singapore) (Company Registration No. 195500138Z) RESULTS OF THE ADJOURNED SIXTY-FOURTH ANNUAL GENERAL MEETING HELD BY ELECTRONIC MEANS ON 11 MAY 2020 Yeo Hiap Seng Limited (the “Company”) is pleased to announce, pursuant to Rule 704(16) of the Listing Manual of

  4. Slide 4: Results of Poll: Special Business

    For Against As a As a percentage percentage Total number of total of total of shares number of number of represented votes for votes for by votes for and and and against against the against the Resolution number and the relevant Number resolution Number resolution details resolution of Shares (%) of

  5. Slide 5: Annual General Meeting

    Annual General Meeting 11th May 2020 Samuel Koh, Group Chief Executive Officer

  6. Slide 6: Agenda

    Agenda 1. Navigating the Covid-19 Crisis 2. Looking Back at 2019 3. Moving into 2020 PRIVATE & CONFIDENTIAL

  7. Slide 7: Navigating the Covid-19 Crisis: Supporting Customers

    Navigating the Covid-19 Crisis Supporting Customers • Activated business continuity plans to ensure smooth business operations • Increased shifts and other innovative solutions to scale up food supplies to customers during “Movement Control Orders” in Malaysia and “Circuit Breaker” in Singapore • Se

  8. Slide 8: Navigating the Covid-19 Crisis: Caring for our People

    Navigating the Covid-19 Crisis Caring for our People • Moved employees from dormitories in Singapore to hotels ahead of time • Provided lodging to employees who used to commute daily from Malaysia to Singapore • Provided front line production employees with health supplements PRIVATE & CONFIDENTIAL

  9. Slide 9: Navigating the Covid-19 Crisis: Contributing to our Community

    Navigating the Covid-19 Crisis Contributing to our Community • >200,000 cans of Yeo’s drinks to healthcare teams, migrant workers in dormitories and various hospitals • In collaboration with Ng Teng Fong Charitable Foundation PRIVATE & CONFIDENTIAL

  10. Slide 10: Agenda

    Agenda 1. Navigating the Covid-19 Crisis 2. Looking Back at 2019 3. Moving into 2020 PRIVATE & CONFIDENTIAL

  11. Slide 11: Looking Back at 2019: Profit and Loss

    Looking Back at 2019 Profit and Loss • Revenue grew $15.7 million or +4.5% compared to 2018 with higher sales in Singapore, Cambodia and S($m) FY 19 FY 18 YoY (S$) YoY (%) China Revenue $364.3 $348.6 $15.7 4.5% Net Profit $17.7 $12 $5.7 47.5% • Net Profit after Tax increased Net Profit % 4.9% 3.4% 1

  12. Slide 12: Looking Back at 2019: Balance Sheet

    Looking Back at 2019 Balance Sheet • Cash and cash equivalent increased by $13.1 million to $295.8 million; no borrowings Consolidated Balance Sheet S($m) FY 19 FY 18 YoY (S$) • For 2019, paid/declaring a total Cash and cash equivalent $295.8 $282.7 $13.1 of 4 cents dividends, comprising Borrowings

  13. Slide 13: Agenda

    Agenda 1. Navigating the Covid-19 Crisis 2. Looking Back at 2019 3. Moving into 2020 PRIVATE & CONFIDENTIAL

  14. Slide 14: Moving into 2020: Business Outlook

    Moving into 2020 Business Outlook • Continued softness in consumer spending • Shifts in consumer habits and disruptions in channels • Negative impact on Beverage sales but positive lift for Food sales. Profit margins pressured • But, window of opportunity to transform and ready organization to accel

  15. Slide 15: Renewed Leadership Team

    Moving into 2020 Renewed Leadership Team Daryl Ng Samuel Koh Chairman of Group CEO the Board ex Coca-Cola/ Unilever Tan Kay Yong Jerson Uy Angela Lu Singapore Market Supply Business Malaysia Market & Chief Growth Officer ex GlaxoSmithKline ex P&G/ Mead Johnson ex Nestle/ Coca-Cola PRIVATE & CONFIDEN

  16. Slide 16: Exciting Growth Ahead

    Moving into 2020 Exciting Growth Ahead • Confident of sustainable growth in core business • Enjoy Category and Geographical Tailwinds • Focus to grow CORE Soy/ Plant Protein, Asian Drink/ Tea • Drive margin expansion and productivity • Strong balance sheet to invest for growth and pay out dividend P

  17. Slide 17: AGM Questions and Answers

    - AGM Questions and Answers

  18. Slide 18: Adoption of Directors' Statement, Audited Financial Statements and Auditors' Report

    Ordinary Resolution 1 Adoption of Directors’ Statement, Audited Financial Statements and Auditors’ Report 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PR

  19. Slide 19: Declaration of final dividend and special dividend

    Ordinary Resolution 2 Declaration of final dividend and special dividend 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PRIVATE & CONFIDENTIAL

  20. Slide 20: Approval of Directors' fees

    Ordinary Resolution 3 Approval of Directors’ fees 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PRIVATE & CONFIDENTIAL

  21. Slide 21: Re-election of Ms. Luo Dan as Director

    Ordinary Resolution 4 Re-election of Ms. Luo Dan as Director 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PRIVATE & CONFIDENTIAL

  22. Slide 22: Re-election of Dr. Lim Su Lin as Director

    Ordinary Resolution 5 Re-election of Dr. Lim Su Lin as Director 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PRIVATE & CONFIDENTIAL

  23. Slide 23: Re-election of Mr. Sitoh Yih Pin as Director

    Ordinary Resolution 6 Re-election of Mr. Sitoh Yih Pin as Director 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PRIVATE & CONFIDENTIAL

  24. Slide 24: Re-election of Ms. Goi Lang Ling Laureen as Director

    Ordinary Resolution 7 Re-election of Ms. Goi Lang Ling Laureen as Director 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PRIVATE & CONFIDENTIAL

  25. Slide 25: Re-appointment of KPMG LLP as Auditors

    Ordinary Resolution 8 Re-appointment of KPMG LLP as Auditors and authority for the Directors to fix their remuneration 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100

  26. Slide 26: Approval of Share Issue Mandate

    Ordinary Resolution 9 Approval of Share Issue Mandate 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 430,470,711 721,763 Percentage 99.83% 0.17% PRIVATE & CONFIDENTIAL

  27. Slide 27: Approval of Renewal of Share Purchase Mandate

    Ordinary Resolution 10 Approval of Renewal of Share Purchase Mandate 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.00% PRIVATE & CONFIDENTIAL

  28. Slide 28: Approval of Issue of Shares pursuant to Scrip Dividend Scheme

    Ordinary Resolution 11 Approval of Issue of Shares pursuant to the Yeo Hiap Seng Limited Scrip Dividend Scheme 450,000,000 400,000,000 Number of Votes 350,000,000 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 - For Against Number of Votes 431,192,474 - Percentage 100.00% 0.0

  29. Slide 29: Thank You!

    Thank You!

Yeo Hiap Seng — Shareholder Meeting (May 2020) on 6ix