Arthaland Corporation · PSE:ALCO
Arthaland — Shareholder Meeting (June 2023)
99 slides from Arthaland's shareholder meeting presentation, Jun 30, 2023
Slide 1: 2023 Annual Stockholders Meeting
CONFIDENTIAL 2023 ANNUAL STOCKHOLDERS MEETING 30 JUNE 2023
Slide 2: Philippine National Anthem
PHILIPPINE NATIONAL ANTHEM CONFIDENTIAL
Slide 3: Opening Prayer
CONFIDENTIAL OPENING PRAYER
Slide 4: 2023 Annual Stockholders Meeting
CONFIDENTIAL 2023 ANNUAL STOCKHOLDERS MEETING 30 JUNE 2023
Slide 5: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 6: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 7: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 8: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 9: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 10: Highlights
CONFIDENTIAL HIGHLIGHTS Completion and Handover of Major Projects Launch of Eluria, Una Apartments, Sevina Park Arcades Significant Project Milestones Successful Funding Program Commitment to Sustainability
Slide 11: Completion and Handover of Major Projects
CONFIDENTIAL Completion and Handover of Major Projects
Slide 12: Banner Year for Completion of Major Projects
Banner Year for Completion of Major Projects CONFIDENTIAL Cebu Taguig Laguna Laguna Combined GFA/GDA of 195,000 sqm and estimated gross development value of Php25.9 billion
Slide 13: Completion of Cebu Exchange
CONFIDENTIAL Completion of CEBU EXCHANGE
Slide 14: Cebu Exchange
CONFIDENTIAL Cebu Exchange Completion and Handover April 2022 GFA: 109,000 sqm
Slide 15: Cebu Exchange Terrace Garden
CONFIDENTIAL Cebu Exchange Terrace Garden
Slide 16: Cebu Exchange Main Lobby
CONFIDENTIAL Cebu Exchange Main Lobby
Slide 17: Inauguration of Cebu Exchange and Advancing Net Zero Cebu Program
CONFIDENTIAL Inauguration of Cebu Exchange and Advancing Net Zero Cebu Program
Slide 18: ₱9.5 billion in reservation sales contracts
CONFIDENTIAL ₱9.5 billion in reservation sales contracts from launch 86% sold as of May 2023
Slide 19: Completion of Savya Financial Center
CONFIDENTIAL Completion of SAVYA FINANCIAL CENTER
Slide 20: Savya Financial Center
CONFIDENTIAL Savya Financial Center Completion of North and South Towers GFA: 60,000 sqm ACTUAL PHOTOGRAPH
Slide 21: Savya Financial Center Common Breezeway
CONFIDENTIAL Savya Financial Center Common Breezeway Architectural Details ACTUAL PHOTOGRAPH
Slide 22: Savya Financial Center North Tower Main Lobby
CONFIDENTIAL Savya Financial Center North Tower Main Lobby ACTUAL PHOTOGRAPH
Slide 23: Savya Financial Center North Tower Driveway
CONFIDENTIAL Savya Financial Center North Tower Driveway/ Drop off ACTUAL PHOTOGRAPH
Slide 24: Savya Financial Center Inauguration and Ribbon Cutting
CONFIDENTIAL Savya Financial Center Inauguration and Ribbon Cutting Led by President Ferdinand Marcos, Jr.
Slide 25: ₱4.9 billion in reservation sales contracts
CONFIDENTIAL ₱4.9 billion in reservation sales contracts from launch 74% sold as of May 2023
Slide 26: New Project Launches
CONFIDENTIAL New Project Launches
Slide 27: New Project Launches
New Project Launches Substantially Complete 5x in 5 years Growth Plan CONFIDENTIAL Makati Laguna Laguna Combined GFA/GDA of 127,000 sqm and estimated gross development value of Php22.7 billion
Slide 28: Launch of Eluria
CONFIDENTIAL Launch of Eluria
Slide 29: Unsurpassed Sustainable Luxury in Legazpi Village, Makati
CONFIDENTIAL U N S U R PA S S E D S U S TA I N A B L E LU X U RY I N L EG A Z P I V I L L AG E , M A K AT I PR EC ERTIF IED R E GIS TERED R E GIS TERED R E GIS TERED GO L D ARTIST’S PERSPECTIVE
Slide 30: World-Class Standards
CONFIDENTIAL WORLD-CLASS STANDARDS Ultra low density Multi-certified Limited edition designer homes Exceptional white glove service ACTUAL PHOTOGRAPH OF THE MODEL UNIT
Slide 31: Our Vision for Personalized White Glove Service
CONFIDENTIAL OUR VISION FOR PERSONALIZED WHITE GLOVE SERVICE Personalized concierge solutions Internationally trained Hospitality Directors assigned to each unit LIFESTYLE IMAGE
Slide 32: Eluria Prestige Service Film
CONFIDENTIAL ELURIA PRESTIGE SERVICE FILM
Slide 33: Eluria Private Launch and Signature Experience
CONFIDENTIAL Eluria PRIVATE LAUNCH November 2022 SIGNATURE EXPERIENCE May 2023
Slide 34: Eluria Groundbreaking Ceremony
CONFIDENTIAL Eluria GROUNDBREAKING CEREMONY November 2022 Led by Arthaland and Arch Capital
Slide 35: ₱1.4 billion in reservation sales contracts
CONFIDENTIAL ₱1.4 billion in reservation sales contracts from launch 27% sold as of May 2023 Completion of foundation expected by July 2023
Slide 36: Launch of Una Apartments
CONFIDENTIAL Launch of Una Apartments
Slide 37: Una Apartments Artist's Perspective
CONFIDENTIAL REGISTERED REGISTERED REGISTERED REGISTERED ARTIST’S PERSPECTIVE
Slide 38: Una Apartments Grand Launch and Sunshine Market
CONFIDENTIAL Una Apartments Grand Launch and Sunshine Market September 2022
Slide 39: Una Apartments Groundbreaking Ceremony
CONFIDENTIAL Una Apartments Groundbreaking Ceremony September 2022
Slide 40: ₱1.8 billion in reservation sales contracts
CONFIDENTIAL ₱1.8 billion in reservation sales contracts from launch Strong market reception from launch 76% as of May 2023 Construction to commence by Q3 2023 ARTIST’S PERSPECTIVE
Slide 41: Studio Model Unit
CONFIDENTIAL Studio Model Unit
Slide 42: One Bedroom Model Unit
CONFIDENTIAL One Bedroom Model Unit
Slide 43: Launch of Sevina Park Arcades
CONFIDENTIAL Launch of Sevina Park Arcades
Slide 44: Retail and Lifestyle Center Aerial View
CONFIDENTIAL RETAIL AND LIFESTYLE CENTER AERIAL VIEW ARTIST’S PERSPECTIVE
Slide 45: ₱1.1 billion in total reservation sales
CONFIDENTIAL ₱1.1 billion in total reservation sales 100% sold commercial lots Retail and lifestyle center to be launched soon RETAIL AND LIFESTYLE CENTER TRANSPORT HUB ARTIST’S PERSPECTIVE
Slide 46: Significant Project Milestones
CONFIDENTIAL Significant Project Milestones
Slide 47: Lucima Construction Progress
CONFIDENTIAL Lucima Construction Progress 54% complete as of June 20 Expected top-off by August 2023
Slide 48: Cebu Exchange Concentrix Lease Contract
CONFIDENTIAL Cebu Exchange Concentrix Lease Contract 16,700 sqm in gross leasable area Landmark partnership deal
Slide 49: Sevina Park Villas Construction Progress
CONFIDENTIAL Sevina Park Villas Construction progress Tranche 1 Villas 93% complete as of June 20 ACTUAL PHOTO
Slide 50: Sevina Park Amenities and Pavilion
CONFIDENTIAL Sevina Park Amenities and Pavilion 95% complete as of June 20 ACTUAL PHOTO
Slide 51: NHMFC Balai Berde Program
CONFIDENTIAL NHMFC Balai Berde Program Up to 30-year loans with preferential rate of as low as 4.5% per annum for buyers Exclusively available for projects that have achieved EDGE certification
Slide 52: Successful Funding Program
CONFIDENTIAL Successful Funding Program
Slide 53: ₱3 Billion ASEAN Green Bonds
CONFIDENTIAL ₱3 BILLION Tranche 2 ASEAN Green Bonds Supports acquisition of properties for new certified sustainable projects Provides continued financing for ACPT
Slide 54: Green Project Deal of the Year
CONFIDENTIAL GREEN PROJECT DEAL OF THE YEAR A large part of the proceeds will fund the investment in new certified sustainable residential projects, allowing Arthaland with flexibility to develop and launch projects in the next 10 years. The company is committed to decarbonize its portfolio by 2030.
Slide 55: PRS Aa Credit Rating
CONFIDENTIAL ARTHALAND’s Rationale for credit rating and outlook: Tranche 1 and 2 ASEAN Green Bonds assigned a Highly recognized and good reputation credit rating of PRS Aa Ability to grow and compete in its chosen niche Manageable liquidity position Stable Outlook Healthy margins and sustai
Slide 56: ₱6.0 billion in fresh financing for projects
CONFIDENTIAL ₱6.0 billion in fresh financing for projects Php1.3 B stand-by term loan for new projects Php 2.9 B CTS facilities for Cazneau and Savya Php 0.7 B liquidity support for Lucima and Eluria Php 1.1 B short-term loans at Arthaland level
Slide 57: Commitment to Sustainability
CONFIDENTIAL Commitment to Sustainability
Slide 58: Net Zero Carbon Buildings Commitment
CONFIDENTIAL Net Zero Carbon Buildings Commitment Decarbonization of our development portfolio by 2030
Slide 59: Development Portfolio Operating Performance
CONFIDENTIAL Development Portfolio Operating Performance 59% 58% 78% GHG ENERGY WATER EMMISSIONS SAVINGS SAVINGS REDUCTION Based on Arthaland’s operational portfolio which includes Arya Residences, Arthaland Century Pacific Tower, Cebu Exchange and Sevina Park components such as the Courtyard Hall,
Slide 60: Multi-Awarded Certifications
CONFIDENTIAL Our development portfolio is composed entirely of certified sustainable projects. S U S TA I N A B L E B U I L D I N G CERTIFICATIONS LOCALLY & INTERNATIONALLY MULTI-AWARDED Foremost sustainable developer in the Philippines
Slide 61: BERDE 5-Stars
CONFIDENTIAL EDGE Advanced Preliminary Certificate BERDE 5-Stars
Slide 62: LEED Gold
CONFIDENTIAL LEED GOLD WELL™ HEALTH-SAFETY RATED
Slide 63: Arya Tower 100% Powered by Renewable Energy
CONFIDENTIAL ARYA TOWER 1 100% Powered by Renewable Energy
Slide 64: WELL Health-Safety Rated
CONFIDENTIAL WELL™ HEALTH-SAFETY RATED
Slide 65: Financial Updates
CONFIDENTIAL FINANCIAL UPDATES
Slide 66: 2022 Financial Highlights
CONFIDENTIAL 2022 FINANCIAL HIGHLIGHTS STATEMENT OF INCOME IN ₱ MILLIONS 2021 2022 • Reservation sales contracts grew 3x to Php4.5 billion Cebu Exchange Cebu Exchange Savya Savya • Stable revenues in 2022 despite ACPT Contributing Projects ACPT Arya Plaza completion of biggest projects
Slide 67: 2022 Financial Highlights
CONFIDENTIAL 2022 FINANCIAL HIGHLIGHTS STATEMENT OF FINANCIAL POSITION IN ₱ MILLIONS 2021 2022 (Unless otherwise indicated) Cash and Cash Equivalents* 6,328 7,042 • Improved liquidity due to completion of fund-raising efforts Total Assets 34,671 36,393 Net Interest-Bearing Debt 10,075 10,648 • Prude
Slide 68: Q1 2023 Financial Highlights
CONFIDENTIAL Q1 2023 FINANCIAL HIGHLIGHTS STATEMENT OF INCOME IN ₱ MILLIONS Q1 2022 Q1 2023 Cebu Exchange Cebu Exchange Savya Financial Center Savya Financial Center Contributing Projects ACPT ACPT Arya Plaza Arya Plaza Sevina Park Sevina Park Lucima • New reservation sales con
Slide 69: Q1 2023 Financial Highlights
CONFIDENTIAL Q1 2023 FINANCIAL HIGHLIGHTS STATEMENT OF FINANCIAL POSITION IN ₱ MILLIONS Q1 2022 Q1 2023 • Strengthened liquidity following Cash and Cash Equivalents* 5,221 6,598 the issuance of Tranche 2 ASEAN Total Assets 34,372 36,300 Green Bonds Net Interest-Bearing Debt 10,666 11,060 • Leverage
Slide 70: Other Initiatives
CONFIDENTIAL Other Initiatives
Slide 71: Sustainable socialized housing program and public school rehabilitation
CONFIDENTIAL Sustainable socialized housing program and public school rehabilitation Commitment to build sustainable socialized homes Rehabilitation of and addition of sustainable features to calamity-hit public schools In partnership with Local Government units Financing for buyers to be pr
Slide 72: Net Zero Carbon Alliance
CONFIDENTIAL Net Zero Carbon Alliance A multi-sectoral movement toward attaining net zero carbon emissions among businesses in the Philippines Provides partners a roadmap to achieve carbon neutrality by sharing best practices Provides better access to green financing
Slide 73: Sustainability Partners Circle
CONFIDENTIAL Sustainability Partners Circle
Slide 74: CCP 21AM Collections Exhibit
CONFIDENTIAL CCP 21AM Collections Exhibit In partnership with Cultural Center of the Philippines October 14 to November 13, 2022 GF of Arthaland Century Pacific Tower
Slide 75: Business Reporter Feature: Green Buildings
CONFIDENTIAL Business Reporter Feature Green Buildings that don’t Cost the Earth “Building sustainable legacies, taking care of the environment for the benefit of future generations is an important concept for us. More than a concept, it is a philosophy.” - Mr. Jaime C. González ARTHALAND – Vice Cha
Slide 76: Arthaland as an EDGE Champion
CONFIDENTIAL Arthaland as an EDGE Champion Recognized by the IFC during the EDGE Champion Summit Asia 2023 Singapore, 06 June 2023
Slide 77: All Arthaland Projects Will Have a Potager Garden
CONFIDENTIAL ALL ARTHALAND PROJECTS WILL HAVE A POTAGER GARDEN
Slide 78: The Potager Garden at Sevina Park
CONFIDENTIAL The Potager Garden at Sevina Park ACTUAL ACTUAL PHOTO PHOTO
Slide 79: Gardens at Cebu Exchange and Savya
CONFIDENTIAL ACTUAL PHOTO ACTUAL PHOTO The Garden of Simples at Cebu Exchange The Potager Garden at Savya
Slide 80: How did we do in 2022?
CONFIDENTIAL How did we do in 2022?
Slide 81: Management Report Q&A
CONFIDENTIAL Management Report Q&A
Slide 82: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 83: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 84: Nominees for Regular Directors: Ernest K. Cuyegkeng
CONFIDENTIAL NOMINEES FOR REGULAR DIRECTORS ELECTION OF BOARD DIRECTORS ERNEST K. CUYEGKENG STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 85: Nominees for Regular Directors: Jaime C. González
CONFIDENTIAL NOMINEES FOR REGULAR DIRECTORS ELECTION OF BOARD DIRECTORS JAIME C. GONZÁLEZ STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 86: Nominees for Regular Directors: Jaime Enrique Y. González
CONFIDENTIAL NOMINEES FOR REGULAR DIRECTORS ELECTION OF BOARD DIRECTORS JAIME ENRIQUE Y. GONZÁLEZ STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 87: Nominees for Regular Directors: Cornelio S. Mapa, Jr.
CONFIDENTIAL NOMINEES FOR REGULAR DIRECTORS ELECTION OF BOARD DIRECTORS CORNELIO S. MAPA, JR. STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 88: Nominees for Regular Directors: Christopher Paulus Nicolas T. Po
CONFIDENTIAL NOMINEES FOR REGULAR DIRECTORS ELECTION OF BOARD DIRECTORS CHRISTOPHER PAULUS NICOLAS T. PO STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 89: Nominees for Regular Directors: Ricardo Gabriel T. Po
CONFIDENTIAL NOMINEES FOR REGULAR DIRECTORS ELECTION OF BOARD DIRECTORS RICARDO GABRIEL T. PO STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 90: Nominees for Independent Directors: Hans B. Sicat
CONFIDENTIAL NOMINEES FOR INDEPENDENT DIRECTORS ELECTION OF BOARD DIRECTORS HANS B. SICAT STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 91: Nominees for Independent Directors: Andres B. Sta. Maria
CONFIDENTIAL NOMINEES FOR INDEPENDENT DIRECTORS ELECTION OF BOARD DIRECTORS ANDRES B. STA. MARIA STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 92: Nominees for Independent Directors: Denise Loreena V. De Castro
CONFIDENTIAL NOMINEES FOR INDEPENDENT DIRECTORS ELECTION OF BOARD DIRECTORS DENISE LOREENA V. DE CASTRO STRICTLY FOR TRAINING PURPOSES ONLY.
Slide 93: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 94: Board of Directors 2023-2024
CONFIDENTIAL ERNEST K. CUYEGKENG JAIME C. GONZÁLEZ JAIME ENRIQUE Y. GONZÁLEZ CORNELIO S. MAPA, JR. CHRISTOPHER PAULUS NICOLAS T. PO BOARD OF DIRECTORS 2023 - 2024 RICARDO GABRIEL T. PO HANS B. SICAT ANDRES B. STA. MARIA DENISE LOREENA V. DE CASTRO
Slide 95: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 96: External Auditor for 2023
CONFIDENTIAL EXTERNAL AUDITOR For 2023 REYES TACANDONG & CO. Ms. Michelle Mendoza-Cruz Partner-in-Charge
Slide 97: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 98: Agenda
CONFIDENTIAL AGENDA • CALL TO ORDER • SECRETARY’S PROOF OF DUE NOTICE OF THE MEETING & DETERMINATION OF QUORUM • APPROVAL OF MINUTES OF THE ANNUAL STOCKHOLDERS MEETING HELD ON 24 JUNE 2022 • MANAGEMENT REPORT • RATIFICATION OF ACTS OF THE BOARD OF DIRECTORS & MANAGEMENT DURING THE PREVIOUS YEAR • EL
Slide 99: Thank You
CONFIDENTIAL THANK YOU