Netlink Nbn Trust · SGX:CJLU
Netlink Nbn Trust — Shareholder Meeting (July 2026)
12 slides from Netlink Nbn Trust's shareholder meeting presentation, Jul 24, 2026
Slide 1: Management Presentation
Management Presentation Annual General Meeting 24 July 2026
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only and does not constitute or form part of an offer, solicitation, recommendation or invitation for the sale or purchase or subscription of securities, including units in NetLink NBN Trust (the “Trust” and the units in the Trust, the “Units”
Slide 3: Critical national infrastructure for Singapore
Critical national infrastructure for Singapore NetLink owns and operates the nationwide fibre network underpinning Singapore's broadband ecosystem Passive fibre Open and equal Future-ready Regulated infrastructure access network platform Ducts, manholes, fibre Serves Requesting Licensees Supports ho
Slide 4: FY26 Financial Highlights
FY26 Financial Highlights Revenue Effective Average Net Gearing Ratio1 Interest Rate $407.0m $413.4m 2.41% 19.4% FY25 FY26 EBITDA Borrowings at Net Debt/EBITDA1,3 Fixed Rate2 $288.1m $282.9m 48.4% 2.6x FY25 FY26 Operating cashflow EBITDA Interest Market Cap Cover3 $3.8bn $258.7m $258.8m 12.3x Based
Slide 5: Nationwide connectivity platform
Nationwide connectivity platform Regulated revenue remains underpinned by NetLink’s large fibre connection base Residential RESIDENTIAL NON-RESIDENTIAL 1,517,797 End-Users 1,523,724 1,517,797 52,120 53,482 53,264 51,913 1,506,997 50,278 1,485,271 Non-Residential 51,913 End-Users 1,464,217 NBAP 3,581
Slide 6: Resilient performance anchored by regulated revenue
Resilient performance anchored by regulated revenue % of total FY26 REVENUE MIX Revenue RAB regulated ~84% revenue Residential connections 59.5% Non-residential connections 8.3% Recurring and ~88% contracted NBAP & Segment connections 4.4% Ducts & manholes service revenue 6.1% Co-location revenue 5.
Slide 7: FY26 Profit or Loss Statement
FY26 Profit or Loss Statement Variance Revenue increased 1.6% to $413.4 million, mainly due to $’000 FY26 FY25 higher ancillary project revenue from more completed (%) work orders. RAB-regulated revenue remained broadly Revenue 413,432 406,996 1.6 stable, continuing to underpin NetLink's recurring r
Slide 8: Strong credit metrics and operating cash flows
Strong credit metrics and operating cash flows March March 2026 2025 $’m 500 Gross Debt $991.0m $856.0m 450 258.8 106.9 Weighted Average Debt 400 4.9 yrs 1.3 yrs 350 Maturity1 81.8 300 Net Debt/EBITDA2 2.6x 2.4x 250 247.7 200 177.6 Borrowings at Fixed Rate3 48.4% 70.1% 150 FY26 FY25 100 50 EBITDA In
Slide 9: Prudent capital management
Prudent capital management Most capex is growth-oriented. Network investments that qualify under the RAB framework are recoverable over the relevant asset lives. Distributions $210 million Operating cash flow Capex funded from $259 million operating cash flow $49 million 1 FY26 total capex was $107
Slide 10: Attractive and sustainable distributions
Attractive and sustainable distributions Distribution per Unit Distribution Yield (%) (Singapore cents) 5.13 5.24 5.30 5.36 5.42 5.6 2.3 4.6 6.5 2 FY22 FY23 FY24 FY25 FY26 NetLink 1 10-YR SG 2 STI Yield FTSE ST 2 NBN Yield Govt Bond REIT Yield 1 Based on NetLink’s unit price of $0.965 as at 31 March
Slide 11: FY27 priorities: reliable execution, disciplined growth
FY27 priorities: reliable execution, disciplined growth FY27 is about executing well, supporting Singapore’s growing digital needs while maintaining the discipline that underpins NetLink’s stable cash flows and distributions. Maintain financial Operate reliably Invest where returns and regulatory at
Slide 12: Thank you
Thank you mepelil