Carlsberg Brewery Malaysia Bhd. · MYX:CARLSBG
Carlsberg Brewery Malaysia Bhd — Shareholder Meeting (May 2026)
38 slides from Carlsberg Brewery Malaysia Bhd's shareholder meeting presentation, May 5, 2026
Slide 1: 56th Annual General Meeting
56 th ANNUAL GENERAL MEETING 5 May 2026 1
Slide 2: Financial Performance & Operational Review
FINANCIAL PERFORMANCE & OPERATIONAL REVIEW MANAGING DIRECTOR STEFANO CLINI 2
Slide 3: Management Team
MANAGEMENT TEAM 3
Slide 4: New Leadership Team Members
New Leadership Team Members Roger Li ZhiKun Choy Yen Li Anthony Yong Mun Seng China, 54 Malaysian, 49 Malaysian, 54 Supply Chain Director People & Culture Director Chief Financial Officer Appointed on 2nd May 2025 Appointed on 9th May 2025 Appointed on 8th September 2025 4
Slide 5: Our Integrated Reporting Journey (2021–2025)
Our Integrated Reporting Journey (2021 – 2025) Scan for the full IAR2025 report 2021: Launch maiden integrated reporting journey 2025: First year of full adoption of IFRS S1 & S2 for sustainability & climate-related financial 2022: Published full-fledged Integrated Annual Report (IAR) disclosures 20
Slide 6: Key Financial Highlights
KEY FINANCIAL Highlights
Slide 7: Delivered Record High Net Profit in FY25
Delivered Record High Net Profit in FY25 7
Slide 8: FY25 vs FY24 Earnings and Dividend per Share
FY25 vs. FY24 Proposed Final Dividend of 43 sen Q4FY25 VS. Q4FY24 Q4FY25 Q4FY24 FY25 FY24 EARNINGS PER SHARE 31.45 sen 25.77 sen 122.86 sen 110.25 sen DIVIDEND PER SHARE 43 sen* 35 sen 111 sen 100 sen PAYOUT RATIO 137% 136% 90% 91% * Equivalent to a total payout of RM131.5 million 8
Slide 9: Record Dividend Payment in FY2025
Record Dividend Payment in FY2025 111 sen Special Interim Dividend Final Interim Dividend 100 sen Fourth Interim Dividend 93 sen Third Interim Dividend 88 sen 43 Second Interim Dividend 35 First Interim Dividend 25 31 56 sen 19 23 25 19 46 22 22 20 20 22 21 22 23 10 2021 2022 2023 2024 2025 9
Slide 10: Delivering Higher Net Profit Despite Lower Revenue
Delivering Higher Net Profit Despite Lower Revenue Revenue (RM, million) Profit From Operations (RM, million) 450 425 416 2,413 2,376 399 2,261 2,260 1,773 247 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Net Profit (RM, million) Dividend Yield (%) 376 6.2 327 337 317 4.8 4.6 4.5 201 2.5 2021 2
Slide 11: Highest Return-On-Equity at The Edge Billion Ringgit Club 2025
‘Highest Return-On-Equity’ at The Edge Billion Ringgit Club 2025 for 6th consecutive year Return on Shareholders' Fund (%) (2020-2024) 181.1 177.8 134.3 105.1 107.9 2020 2021 2022 2023 2024 HIGHEST RETURN-ON-EQUITY OVER 3 YEARS (2022-2024) Source: Integrated Annual Report 2024 (pg 5) within the Cons
Slide 12: FY25: Strategy Review
FY25: Strategy Review 2025 saw the disciplined execution of the second year of the Carlsberg Group’s Accelerate SAIL strategy. See how Accelerate SAIL came to life in 2025 on the following slides. PORTFOLIO EXECUTION FUNDING OUR WINNING CHOICES EXCELLENCE JOURNEY CULTURE 12
Slide 13: Our Portfolio Choices
Our Portfolio Choices Scan for the full portfolio of Brews We Love. Birrificio 1664BRUT 1664 Carlsberg Carlsberg Carlsberg Sapporo Connor's Somersby = Somersby Somersby SKOL ‘Wusu Royal Stout Angelo Poretti Discover No.l 0.0 ‘Smooth Draught Danish Pilsner Premium Beer Stout Porter Preferred Cider Ap
Slide 14: Brewing Prosperity Together
Brewing Prosperity Retro Reimagined Raikan Kebanggaan Together Sabah & Sarawak Football Carlsberg Golf Classic World of Smooth #BestWithCarlsberg
Slide 15: Celebrating Lunar New Year with 1664
Celebrating Lunar Collaboration with New Year with 1664 Global Streetwear Icon, CLOT Collaboration with 1664 @ GastroBeats French Artist, Camille Walala
Slide 16: Cheers to the Good Times on St. Patrick's Day
Cheers to the Good Times on St. The Connor’s Shake Express Patrick’s Day Taste the Difference with Connor’s Collective Connor’s Stout Porter Xtra Malt
Slide 17: Somersby Regional Ambassador and Mango & Lime Launch
YEONJUN of TOMORROW X TOGETHER Joins as Somersby’s Regional Ambassador Somersby Mango & Lime Expanding Footprint into Launch Pickleball
Slide 18: Discover the New Rising Star in 500ml Cans
Discover the New Rising Star in 500ml Cans Discover the New Beat of New Worlds
Slide 19: Accelerate Portfolio: Premium, Core and Beyond Beer
Rn ANGELO PORETTI SZ, @ A ee ACCELERATE GARAGE Carey YuiY wy PORTFOLIO OTCez BIRRA ITALIAN Accelerate premium beer and AFB ¥ Strengthen mainstream core beer ¥ Step up in Beyond Beer ieee a.canouic eevee: ‘tn Gites Malaysia
Slide 20: Putra Brand Awards 2025
Bags 4 Accolades at Putra Brand Awards 2025 in Recognition of Consumer Trust & Brand Excellence GOLD SILVER BRONZE BRONZE
Slide 21: Improved E-Commerce Growth in Both Markets
Improved E-Commerce Growth in Both Markets In MY, e-commerce saw a solid double-digit sales growth, while in SG, a mid-single digit growth under the e-commerce segment was registered. In 2025, we saw consumers purchasing more consistently across the year as platforms offered perks on an ongoing basi
Slide 22: Future-Ready ERP with SMART CORE
Future-Ready ERP with SMART CORE Completion by Q3 of 2026 RM77 million CapEX allocated over a two-year period to upgrade its Enterprise Resource Planning system to Microsoft Dynamics 365, named Smart Core. 22
Slide 23: Recognised For Quality and Excellence
Recognised For Our Continued Commitment to Quality and Excellence 3rd CONSECUTIVE YEAR* 7-ELEVEN BEST BEST MULTI-DAY EVENT IMPORTED BEER EXPERIENCE AWARD • Preferred Business Partner* • Top Key Account Manager* CATEGORY • Most Popular Brand • Best Key Account
Slide 24: Strengthening Core Capabilities Underpinning In-Market Execution
Strengthening Core Capabilities Underpinning In-Market Execution Core enterprise planning platform in supporting Core planning platform aligning demand forecasts planning, budgeting, forecasting and outlook cycles with supply planning to coordinate production and across business distribution with ma
Slide 25: Empowering People and Culture to Drive Sustainable Growth
BREWING FOR A BET TER TODAY AND TOMORROW Empowering People and Culture to Drive Sustainable Growth SEMPER ARDENS GROWTH POSITIVE ENERGY AND CULTURE WINNING CULTURE COMPASSION Build a Growth Culture PASSION FOR CONSUMER Deliver Together towards ZERO and Beyond DECIDE FAST AND DELIVER WITH EXCELLENCE
Slide 26: Continued Gender Diversity Improvements in Both Countries
FY25: Continued Gender Diversity Improvements in Both Countries WINNING CULTURE Build a Growth Culture Deliver Together towards ZERO and Beyond Safeguard our licence to operate Live by our Compass 26
Slide 27: Scaling Mental Health Support and Care Line
Scaling Mental Health Support through and Care Line WINNING CULTURE Build a Growth Culture Since the launch of our Employee Assistance Programme (EAP) on 15 April 2024 until 31 Deliver Together towards ZERO and Beyond October 2025, Carlsberg Malaysia recorded 867 sign-ups for the workshops offered u
Slide 28: Uphold Human & Labour Rights Across Our Value Chain
Uphold Human & Labour Rights (HLR) Across Our Value Chain UPDATED WINNING CULTURE Build a Growth Culture Aligned with Global Policies & Local Guidelines Deliver Together towards Rolled out a Self-Assessment Framework and Starter Kit for key ZERO and Beyond suppliers during Supplier Day in December 2
Slide 29: Recognised Where It Matters: Our People
Recognised Where It Matters: Our People
Slide 30: FY25: On Track to Reach ESG Targets
FY25: On Track to Reach ESG Targets WINNING CULTURE Build a Growth Culture Deliver Together towards ZERO and Beyond Safeguard our licence to operate Live by our Compass
Slide 31: Governance over Responsible Drinking and Marketing Practices
Ensuring Strong Governance over Responsible Drinking and Marketing Practices WINNING CULTURE Build a Growth Culture Deliver Together towards ZERO and Beyond In applying ISSB IFRS S1, the Group determined that Responsible Drinking and Marketing represent the most significant sustainability-related ma
Slide 32: External Recognition of Our Sustainability Efforts
External Recognition of Our Sustainability Efforts Carlsberg Malaysia: UNGCMYB 3-Star Lister MSCI ESG Ratings Improved MSCI ESG rating from AA, to AAA as of April 2026 Categorised as ‘Leader’ among 71 global beverage companies FTSE4Good ESG Score Improved ratings to 3.8 (from 3.6 in FY24) Driven by
Slide 33: Supporting Vernacular Schools Across Generations
Continues to Support Vernacular Schools and Advocates Sustainability Practices Across Generations East Malaysia 3 schools East Coast Northern 1 school WINNING CULTURE 1 school Central Build a Growth Culture 3 schools Southern Deliver Together towards 2 schools ZERO and Beyond Safeguard our licence t
Slide 34: Towards a Net Zero AGM
Towards a Net Zero AGM We aim to deliver our first net zero AGM, supported by practical waste reduction measures and emissions mitigation initiatives. Remaining residual emissions will be offset 1 2 3 Vegan Breakfast with Customised Canvas Tote Segregation and Biodegradable Container Bag used as Doo
Slide 35: Readiness Across an Evolving Regulatory Landscape
Enhancing Readiness and Consistency Across an Evolving Regulatory Landscape Empowering People and Culture to Drive Sustainable Growth WINNING CULTURE Build a Growth Culture Deliver Together towards ZERO and Beyond Obtained certification for ISO 37001:2025 Anti-Bribery Management Systems from SIRIM Q
Slide 36: 2026 Outlook
2026 Outlook ➢ The Group remains cautious amid geopolitical tensions, energy and input cost volatility, and broader macroeconomic uncertainty. ➢ The Group’s priorities for 2026 will centre on disciplined value management, cost optimisation and prudent resource allocation, while it continues to innov
Slide 37: Q&A Session
Q&A SESSION
Slide 38: Thank You
THANK YOU
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