Perdana Petroleum Bhd. · MYX:PERDANA
Perdana Petroleum Bhd — Shareholder Meeting (May 2026)
38 slides from Perdana Petroleum Bhd's shareholder meeting presentation, May 20, 2026
Slide 1: Perdana Petroleum Berhad 30th AGM
PERDANA PETROLEUM BERHAD (199501042909 | 372113-A) 20 MAY 2026
Slide 2: Please Silence Your Mobile Phone
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Please Silence No Recording Your Mobile Phone Or Photography
Slide 3: Welcome Address
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Welcome Address Datuk Dr Abd Hapiz bin Abdullah Independent Non-Executive Chairman
Slide 4: Board Members
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Board Members Jamalludin bin Obeng Alias bin Mat Lazin Chin Chee Kong Hasmiah Managing Director Executive Director Non-Independent binti Anthony Hasbi Non-Executive Director Non-Independent Non-Executive Dir
Slide 5: Performance Review
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Performance Review 01 02 03 Financial Moving Key Forward Takeaways Overview
Slide 6: Strength Through Resilience
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Strength Through Resilience
Slide 7: Resilient Operations Amid Market Headwinds
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Resilient Operations Amid Market Headwinds Revenue and Utilisation (RM million) 4-Year CAGR of 16% -36% 440.1 • Group revenue declined 36% to RM279.1 million, mainly due to lower own-vessel utilisation (52%
Slide 8: Resilient Earnings, Healthy Margins
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Resilient Earnings, Healthy Margins Profit/(Loss) Attributable to Owners of the Company (RM million) 3-Year CAGR of >200% - 60% • Profit/(Loss) Attributable to Owners of the Company (“PAT”) 146.1 moderated t
Slide 9: Lean Balance Sheet With Solid Foundation
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Lean Balance Sheet With Solid Foundation Healthy Financial Position features strong cash and bank balances of RM161.1 million, while low levels of loans and borrowings of RM0.1 million have led to an all-tim
Slide 10: Setting Standards in Safety and Care
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Setting Standards in Safety and Care Recent Business Awards 10 Years Partner 2025 Best Vessel Operator Award SHELL 2024 Performance Excellence Recognition Hibiscus 2023 HSE Excellent Appreciation ROC Oil 202
Slide 11: Charting Our Journey Towards an Equitable Future
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Charting Our Journey Towards an Equitable Future Environmental Strong Governance Empowering People Stewardship and and Value Creation and Community Preservation Zero Incidents Of Corruption Zero Significant
Slide 12: Performance Review
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Performance Review 01 02 03 Financial Moving Key Overview Takeaways Forward
Slide 13: Tariff Tensions Stir Ongoing Oil & Gas Volatility
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Tariff Tensions Stir Brent Crude Oil Price 2021 2022 2023 2024 2025 Average USD bbl 70.9 100.9 82.5 80.5 69.1 Ongoing Oil & Gas • The U.S. EIA (April 2026 Short Term Energy Outlook) increased its Volatility
Slide 14: PETRONAS Activity Outlook: Production and Operation
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) PETRONAS Activity Outlook dated January 2026 (Vessels Supporting Production and Operation) Strong AHTS demand Number of Vessels Despite the reduction in total vessels, demand for AHTS vessels is expected to
Slide 15: PETRONAS Activity Outlook: Drilling and Projects
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) PETRONAS Activity Outlook dated January 2026 (Vessels Supporting Drilling and Projects) Stable offshore demand ahead Number Vessels OSV demand for drilling and project support is expected to remain stable in
Slide 16: OSV Market Poised for Growth
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) OSV Market Poised for Growth TA Securities OSV utilisation is anticipated to moderate in Q1 2026 before the expected commencement of the next chartering cycle in March and April 2026. Kenanga Research Opport
Slide 17: Strong Order Book, Healthy Tender Book
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Strong Order Book Healthy Tender Driven by Book Amount Market Shortage More than RM500 million RM450 million up to year 2031 Vessel No of Tender AHTS 19 Remaining Order Book as at April 2025 Barges and Workb
Slide 18: Performance Review
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Performance Review 01 02 03 Financial Moving Key Overview Forward Takeaways
Slide 19: Navigating Current Headwinds
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Navigating Current Headwinds Steering Through Malaysia’s Evolving OSV Market Conditions Rising Operating Costs & Ageing Fleet Challenges Impact: Higher maintenance, dry-docking, crew and compliance costs con
Slide 20: Fleet Renewal A Key Strategic Initiative for Future Growth
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Fleet Renewal Ageing Fleet Profile Perdana’s fleet averages 15 years old. A Key Strategic Initiative AHTS Renewal Need for Future Growth AHTS vessels are ageing (17 years), increasing the need for timely ren
Slide 21: Key Takeaways
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Key Takeaways Healthy Balance Sheet Gearing level at 0.08x Right Class of Assets AHTS and AWB continue to represent a sizeable portion of fleet demand requirements Solid Order Book And Focus On Core Business
Slide 22: Questions & Answer
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) QUESTIONS & ANSWER
Slide 23: Agenda 1: Audited Financial Statements
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) AGENDA 1 To receive the Audited Financial Statements for the financial year ended 31 December 2025 and the Reports of the Directors and Auditors thereon.
Slide 24: Agenda 2 Resolution 1: Directors' Fees
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) AGENDA 2 RESOLUTION 1 THAT the payment of Directors’ Fees of RM7,000 per month to each Non-Executive Director, an additional Directors’ Fees of RM5,000 per month to the Chairman of the Board and an additiona
Slide 25: Agenda 3 Resolution 2: Meeting Allowance
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) AGENDA 3 RESOLUTION 2 THAT the payment of meeting allowance of RM600.00 per meeting for attendance of each Non-Executive Director with effect from May 2026 until the next Annual General Meeting be approved.
Slide 26: Agenda 4 Resolution 3: Re-election of Director
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) AGENDA 4 RESOLUTION 3 THAT Datuk Dr Abd Hapiz Bin Adullah, retiring in accordance with the Article 110 of the Company’s Constitution, be and is hereby re-elected as a Director of the Company.
Slide 27: Agenda 4 Resolution 4: Re-election of Director
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) AGENDA 4 RESOLUTION 4 THAT Mr Chin Chee Kong, retiring in accordance with the Article 110 of the Company’s Constitution, be and is hereby re-elected as a Director of the Company.
Slide 28: Agenda 5 Resolution 5: Auditors Re-appointment
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) AGENDA 5 RESOLUTION 5 THAT KPMG PLT be re-appointed as the Auditors of the Company for the ensuing year and the Board of Directors be authorized to fix their remuneration.
Slide 29: Special Business 6.1 Resolution 6
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) SPECIAL BUSINESS AGENDA 6.1 RESOLUTION 6 THAT subject to the passing of Resolution 3, approval be and is hereby given to Datuk Dr Abd Hapiz Bin Abdullah who has served as an Independent Non-Executive Directo
Slide 30: Special Business 6.2 Resolution 7
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) SPECIAL BUSINESS AGENDA 6.2 RESOLUTION 7 THAT approval be and is hereby given to Datuk Selva Kumar A/L Mookiah who has served as an Independent Non-Executive Director of the Company and is approaching a cumu
Slide 31: Special Business 6.3 Resolution 8: Share Allotment
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) SPECIAL BUSINESS AGENDA 6.3 RESOLUTION 8 TO allot up to 10% of the total number of issued shares pursuant to Sections 75 and 76 of the Companies Act 2016 and subject to the approval of the relevant authoriti
Slide 32: Special Business 6.4 Resolution 9: Related Party Transactions
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) SPECIAL BUSINESS AGENDA 6.4 RESOLUTION 9 TO approve proposed Renewal of Existing Shareholders’ Mandate For Recurrent Related Party Transactions of a Revenue or Trading Nature as set out in the Notice of meet
Slide 33: Extraordinary General Meeting (EGM)
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) PLEASE REMAIN SEATED FOR THE EXTRAORDINARY GENERAL MEETING (EGM) AFTER POLLING RESULT
Slide 34: VISTRA's e-Vote Tutorial Video
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) VISTRA’s e-VOTE TUTORIAL VIDEO
Slide 35: Steps to Cast Your Votes
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) • STEPS TO CAST YOUR VOTES Scan the meeting QR code before voting begins. Request camera permission and change to back camera for scanning. Scan the passcode on your wristband. Voting page will be preloaded
Slide 36: Poll verification in progress
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Poll verification in progress. Stay tuned.
Slide 37: Poll Result
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) Poll Result
Slide 38: Thank You
30th Annual General Meeting | 20 May 2026 Perdana Petroleum Berhad (199501042909 | 372113-A) THANK YOU
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