Interim Results Presentation 2026

(Stock Code: HK1308) August 2026

Agenda

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4

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1. 1H2026 Highlights

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   1H2026 Highlights

   We continued to perform well in 1H2026 and recorded a net profit of US$680.5million, which represented a YoY increase of 7.4%.

   1H2025 1H2025 Variance

   Container shipping volume (TEU)	1,971,942	1,829,665	7.8%
   Revenue (US$ m)	1,842.1	1,664.5	10.7%
   Gross profit (US$ m)	733.2	669.4	9.5%
   Gross profit margin	39.8%	40.2%	-0.4%
   Net profit (US$ m)	680.5	633.4	7.4%
   Net profit margin	36.9%	38.1%	-1.2%
   Earnings per share - basic (US dollars per share)	0.25	0.24	4.2%
   Dividend yield	76.2%	71.0%	5.2%

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   Development of the Company in 1H2026

   • Business development ：

     • Enhanced refined management across all shipping routes and further developed emerging markets in Southeast Asia and the Bay of Bengal.

     • Continued to advance integrated sea-land development; the Da Nang (Vietnam) container depot commenced operations.

     • After exercising options, the current active vessel orderbook stands at 30 vessels.

       IT Infrastructure Development

     • Actively applied artificial intelligence in software development programming, customer experience optimization and daily office workflows to significantly boost operational efficiency. Continuously advanced digitalization of operations: each business segment carried out iterative upgrades and functional optimization based on existing business processes.

     • Kept advancing digital operation construction: all business segments carried out iteration and functional optimization development based on existing business processes.

       Community and Employee Responsibility：

     • Strengthened cooperation in talent development with Shanghai Maritime University, Dalian Maritime University, the Chinese University of Hong Kong, and others.

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   • SITC crew members participated in the 7th China Seafarer Skills Competition, jointly organized by the Maritime Safety Administration of the Ministry of Transport and the National Committee of the Chinese Seamen and Construction Workers' Union.

   • SITC's regional companies carried out employee skills training programs.

     Accolades：

   • In the 23rd "Golden Wheel Cup" survey on China's cargo transport service quality organized by China Shipping Gazette, SITC was awarded multiple honors including

     *Customer-Satisfied Container Liner Company* and

     *Customer-Satisfied Freight Logistics Enterprise**.

   • Received the 2026 MD-WMMF Shipping ESG Award, 2025 Outstanding Performance Award in Port State Control Inspection, and 2025 Green Vessel Excellence Award jointly evaluated by the Hong Kong Maritime Department and the Hong Kong Shipowners Association.

   • Ranked among the **Top 5% globally and top 1% in China** in S&P Global CSA ESG Rating 2025 and was included in the FTSE Russell Social Responsibility Index Series.

   • Has maintained leading positions in multiple rankings published by Extel (formerly Institutional Investor) for six consecutive years.

   
   
   
   
   

2. Operational Review

   7

   Segment Review

   Our revenue increased by 10.7% in 1H2026 compared to 1H2025, gross profit margin decreased from 40.2% in 1H2025 to 39.8% in 1H2026.

   Revenue and Year-on-year growth rate

   (US$ Million)

   Container shipping and supporting logistics

   Other

   25.9% 11.6%

   28.0% 10.7%

   2.7

   2.2

   6.8

   3,408.98

   1.6

   3,055.9

   1.1

   2,422.2

   1.1

   1,663.4

   1,840.5

   1,299.4

   2023

   2024 2025

   1H2024 1H2025 1H2026

   Gross Profit and Gross Profit Margin

   (US$ Million)

   37.4% 38.4%

   40.2% 39.8%

   31.0%

   25.7%

   1,310.5

   1,142.8

   733.2

   623.0

   669.4

   402.6

   2023 2024 2025

   1H2024 1H2025 1H2026

   
   
   

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   Container Shipping and Logistics: Overview

   Container Shipping Volume and Avg. Freight Rate (Excluding the slot exchange fee)

   Revenue(Excluding the slot exchange fee)

   
   
   

   Container Shipping Vol. (TEU million)

   Average Freight Rate (US$/TEU)

   (US$ million)

   								,895.0 331.2
   							2,234.5	320.4
   							224.7		1,217.6 1,571.3 1,785.4
   1.71	1.83	1.97	623.3	721.0 632.4	753.3 776.4	807.2	2,009.8	2,574.62,898.40	150.7 193.7 139.2 1,078.4 1,420.61,591.70

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   3,229.6

   3.22

   3.57

   3.85

   2023 2024 2025 1H2024 1H2025 1H2026

   2023 2024 2025 1H2024 1H2025 1H2026

   
   
   

   Other logistic income

   Container shipping and support logistic

   Cost of Sales Breakdown(Excluding the slot exchange fee)

   Gross Profit and Gross Profit Margin

   Time-charter fees

   Third-party logistics

   Depot, warehousing and others

   Container handling costs

   Container rental and depreciation

   (US$ million)

   37.4% 38.40%

   31.0%

   40.2% 39.8%

   Vessel crew expenses

   Vessel depreciation and maintenance

   15%

   Other container handling and equipment related costs

   25.7%

   1,142.8

   1,310.50

   Bunkers

   Port charges

   22%

   17%

   46%

   Equipment and cargo transportation Voyage

   Container vessels

   Other Container Logistics

   619.0

   401.9

   668.7

   732.7

   2023 2024 2025 1H2024 1H2025 1H2026

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   Container Shipping and Logistics: Fleet

   Capacity

   Vessel Quantity (Owned v.s. Chartered）

   
   
   

   (TEU)

   162,851

   180,255 185,961

   15,410

   170,380

   185,787 185,365

   20,704 23,828

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   119

   119 120

   120 vessels

   7,138

   22,517 10,110

   103 114

   14

   6

   108

   9 18 22

   Fleet Age：

   10.6 years

   155,713 164,845 162,444 160,270 165,083 161,537

   97 100 99 99 101 98

   Self-owned： 8.7years

   2023 2024 2025 1H2024 1H2025 1H2026

   Owned Chartered

   2023 2024 2025 1H2024 1H2025 1H2026

   Owned Chartered

   Weekly Port Calls

   Vessel Delivery

   (Port call per week) (Vessel)

   New building Second-hand

   464

   483

   454

   475

   489

   12

441

0 0

0

2023 2024 2025 1H2024 1H2025 1H2026

10

2023 2024 2025 1H2024 1H2025 1H2026

Note: Sold vessels: 2024: 6 vessels(1 in 1H); 2025:3 (1 in 1H); 2026 1H:1

1. Financial Overview

   11

   Financial Overview

   Revenue

   Net Profit and Net Profit Margin

   
   
   

   (US$ million) (US$ million)

   33.8% 36.1%

   38.1% 36.9%

   27.1%

   3,058.1

   3,411.6

   22.1%

   1,230.4

   1,034.3

   2,429.0

   1,300.5

   1,664.5

   1,842.1

   536.2

   633.4

   680.5

   352.8

   2023 2024 2025 1H2024 1H2025 1H2026 2023 2024 2025 1H2024 1H2025 1H2026

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   Return Analysis

   ROE

   (%)

   47.5%

   50.0%

   50.6% 50.8%

   34.9%

   26.2%

   2023 2024 2025

   1H2024 1H2025 1H2026

   ROA

   (%)

   35.4%

   36.9%

   38.8% 38.3%

   25.7%

   18.7%

   2023 2024 2025

   1H2024 1H2025 1H2026

   
   
   

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   Total Liabilities / Shareholders' Equity(1)

   
   
   

   Credit Overview

   Interest-Bearing Bank Borrowings(1) / EBITDA(1)

   (x)

   0.39

   0.23

   0.14

   0.10

   0.04

   0.01

   2023 2024 2025

   1H2024 1H2025 1H2026

   
   
   

   (x)

   0.41

   0.37

   0.35

   0.32

   0.29

   0.27

   2023 2024 2025

   1H2024 1H2025 1H2026

   Note：

   (1) Extracted/calculated based on the financial statements of the relevant periods

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   Cash Flow Overview

   Capital Expenditure

   Trade Receivable Days

   
   
   

   (US$million) (day)

   348.9

   79.9

   314.0

   53.0

   206.2

   11.8

   12.4

   13.4

   13.1

   13.6

   15.4

   269.0 261.0

   73.1

   133.1

   130.2

   25.1

   105.1

   72.2 77.4

   30.8

   71.9

   41.4

   5.5

   2023 2024 2025 1H2024 1H2025 1H2026

   Vessels Other logistic services

   2023 2024 2025 1H2024 1H2025 1H2026

   Dividend and Payout ratio

   Trade Payable Days

   （US$million）

   70.5% 84.1% 84.1%

   1035.1

   70.1%

   Payout ratio

   71.0% 76.2%

   (day)

   38.2

   38.6

   42.8

   39.6

   43.0

   39.0

   378.0

   869.8

   247.3

   447.1

   518.7

   2023 2024 2025 1H2024 1H2025 1H2026 2023 2024 2025 1H2024 1H2025 1H2026

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   Income Statement Summary

   US$'000 1H2026 1H2025 Variance

   Revenue	1,842,065	1,664,489	10.7%
   Cost of Sales	(1,108,832)	(995,058)	11.4%
   Gross Profit	733,233	669,431	9.5%
   Other Income and Gains, net	30,080	37,822	-20.5%
   Administrative Expenses	(79,445)	(67,809)	17.2%
   Other Expenses, net	(1,804)	(1,673)	7.8%
   Finance Costs	(6,995)	(8,466)	-17.4%
   Share of Profits and Losses of Associates and Joint Ventures	17,335	14,302	21.2%
   Profit Before Tax	692,404	643,607	7.6%
   Income Tax	(11,935)	(10,159)	17.5%
   Profit For The Year	680,469	633,448	7.4%

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   Balance Sheet Summary

   US$'000 Jun 30, 2026 Dec 31, 2025 Variance

   Cash and cash equivalents	932,397	781,228	19.4%
   Financial assets and derivative financial instruments	73,694	167,773	-56.1%
   Trade receivables	235,989	184,062	28.2%
   Property, plant, equipment & their prepayments	1,850,497	1,845,827	0.3%
   Right of use asset	323,845	326,144	-0.7%
   Investment in JV and Associates	85,235	79,571	7.1%
   Other assets	121,840	92,965	31.1%
   Total assets	3,623,497	3,477,570	4.2%
   Trade payables	273,367	235,245	16.2%
   Interest-bearing bank borrowings	33,117	18,939	74.9%
   Lease liability	298,179	310,536	-4.0%
   Other liabilities	160,595	411,644	-60.1%
   Total liabilities	765,258	976,364	-21.6%
   Equity attributable to owners of the parents	2,831,925	2,478,538	14.3%
   Non-controlling interests	26,314	22,668	16.1%
   Total equity	2,858,239	2,501,206	14.3%
   Total liabilities and equity	3,623,497	3,477,570	4.2%

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2. Company Overview

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Our Corporate Milestones

SITC has established its leading market position since its listing in 2010.

2024 General election of Board of Directors

2022 Marched in India Market

2021

Opened new routes to West Malaysia and Myanmar

2020 Marched in Bangladesh Market

2015

Entered the Fortune 500 of China

2014 Marched in Malaysia and Singapore Market

2012

Marched in Indonesia Market

2011

Marched in Cambodia market, the first Chinese shipping operator calling Sihanouk

2010

Successfully listed on the Hong Kong Stock Exchange in October 2010

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Our Business

We are a leading Intra-Asia shipping logistics company, providing integrated transportation and logistics solutions

Freight forwarding

Ship agency

Maritime Shipping Services

Depot and Warehousing Services

Land Transportation Services

4th

Top 4 Container

shipping Company in Intra-Asia market(1)

14th

Ranked 14 among the global

container shipping companies in terms of shipping capacity(2)

Source: (1) Drewry

(2) As of July 2026, Alphaliner

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Container Shipping and Logistics: Network

Our Shipping and Logistics Network

High Density

-

-

-

-

Own one of the highest density networks in

Asia

Trade routes and composite logistics network cover 16 countries and regions, 79 major ports and 74 trade routes

Operate, including joint ventures, approximately 2,226,298 m2 of depot and 180,412 m2 of warehousing space

Wide range of scheduling options for customers

High Frequency

-

-

-

Own one of the highest service frequencies

in Asia

441 port calls per week

Higher flexibility in scheduling for customers

Our high-frequency, high-density business model and constantly expanding logistics network effectively meet our customer's needs and positions us well to benefit from intra-Asia trade and volume growth

Note: As of 30 Jun 2026

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Focusing on small vessels improves our flexibility and lowers the vessel costs, which is fundamental to our network driven model.

96 of 120 Vessels are smaller than 2,000 TEU

20%

80%

98 of 120 Vessels are self-owned

18%

82%

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1

Business Model

Mainly focus on the Asia market and provide our clients with high efficiency and high quality logistic service, to become the preferred choice for clients

2

Pattern of Development

On the basis of self-operation and asset-light model, establishing logistic channels and facilities with an integration of sea and land

Constantly improving high-frequency, high-density sea liner network, and providing low carbon environmental protection supply chain service to clients

3

Diversified Competition

We provide focused, high quality, unique and innovative solutions

4

Focuses on the Solutions

Application of digitization and artificial intelligence, and relevant organizational change,

Gradually achieve the goal of zero carbon emissions and protect biodiversity

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