MMC CORPORATION BERHAD

1Q FY2021 ANALYST BRIEFING PRESENTATION

27th MAY 2021 TABLE OF CONTENTS

Group Financial Performance Overview Ports & Logistics Energy & Utilities Engineering Corporate & Others Group Outlook Industrial Development’s Business Updates

MMC CORPORATION BERHAD P A G E 2 GROUP FINANCIAL PERFORMANCE OVERVIEW QUARTERLY GROUP FINANCIAL PERFORMANCE

Revenue PBT PATMI (RM million) (RM million) (RM million) 5% YoY 93% YoY 115% YoY

221.0 114.8 124.7 1,086.8 1,143.7 57.9

Q1FY2020 Q1FY2021

Revenue • 5% YoY increase was due to:- ➢ Higher volume handled at Pelabuhan Tanjung Pelepas Sdn Bhd (“PTP”) and Northport Berhad (“NMB”) and contribution from Graphite project and Langat Sewerage project by Engineering division. ➢ Offset by lower work progress from KVMRT-SSP Line, lower passenger and cargo volumes at Airport, and lower volume handled at Port Sdn Bhd (“PPSB”).

PBT • 93% YoY increase was due to:- ➢ Higher volume handled at PTP and NMB, and strict cost management at all our ports ➢ Higher contribution from Langat Sewerage project ➢ Gain on sublease of land at PTP. ➢ Lower finance cost. ➢ However, offset by lower contribution from KVMRT-SSP Line, Senai Airport and PPSB.

MMC CORPORATION BERHAD P A G E 4 Q1FY2021 KEY FINANCIAL HIGHLIGHTS

Ports & Logistics Engineering Energy & Utilities Others

REVENUE REVENUE REVENUE REVENUE 5% YoY 12.86% 13.33% <1% 69.03%

Revenue PBT PBT PBT LBT RM1,143.7 mil 93.38% 18.26% 19.74% 9.99%

• Higher volume • Lower work progress • Lower revenue from • Lower passengers handled at from KVMRT-SSP Aliran Ihsan Resources and cargo volume 93% YoY Pelabuhan Tanjung Line due to Berhad (“AIRB”) due handled at Senai Pelepas (“PTP”) and completion of lesser water project, Airport due to the Profit Before Tax Northport (Malaysia) tunnelling works and however, cushioned by COVID-19 (“PBT”) Berhad (“NMB”). impact of COVID-19. increase in treated pandemic. RM221.0 mil water production. • Gain on sublease of • Offset by higher • Offset by lower land at PTP. revenue and • Lower contribution from operating costs and contribution from Malakoff due to lower finance costs due to • Offset by lower Graphite project & contribution from its lower interest rate. 115% YoY volume handled at Langat Sewerage coal plants (TBP & Penang Port Sdn project. TBE) given the decline in applicable coal price. Profit After Tax And Bhd (“PPSB”). Minority Interest • Offset by higher (“PATMI”) contribution from Gas RM124.7 mil Malaysia Berhad (”GMB”) from higher gas volume.

MMC CORPORATION BERHAD P A G E 5 BALANCE SHEET AS AT 31 MARCH 2021

Total Assets Total Equity Total Liabilities RM25.79 B RM10.49 B RM15.30 B FY2020: RM26.10 B FY2020: RM10.30 B FY2020: RM15.80 B

Deposits, Bank & Total Borrowings Current Ratio Cash Balances and Other Investments RM9.65 B 1.07x RM2.63 B FY2020: RM9.77 B FY2020: 1.09x FY2020: RM2.80 B

Net Assets Per Share Gross Gearing Ratio Net Gearing Ratio RM3.18 0.92x 0.89x FY2020: RM3.12 FY2020: 0.95x FY2020: 0.90x

MMC CORPORATION BERHAD P A G E 6 PORTS & LOGISTICS PORTS & LOGISTICS : FINANCIAL PERFORMANCE

FY2020 vs Q1FY2021 Q1FY21 QUARTERLY

Revenue PBT Revenue PBT (RM million) (RM million) (RM million) (RM million)

13% YoY 93% YoY 27.8% 38.9% < 1% QoQ -6% QoQ

3,248

901 904

801

610 904

237 251 237 123

MMC CORPORATION BERHAD P A G E 8 PORTS & LOGISTICS : FINANCIAL PERFORMANCE Operational Statistics Revenue (RM million) PBT (RM million) PATMI (RM million) Throughput 1Q 2021 Growth (YoY) 13% YoY 93% YoY >100% YoY Container (in mil. TEUs) 2.78 16% Port Berhad 801 904 123 237 67 145 Throughput (in mil. FWT) 1Q 2021 Growth (YoY) Liquid bulk 3.46 12% Dry bulk 5 0.92 -9% Break bulk 93 0.18 6% Total Conventional 6 4.56 7% Container (in mil. TEUs) 0.25 -1% 107 Northport (M) Bhd 228 Throughput (in mil. FWT) 1Q 2021 Growth (YoY) 1 Liquid bulk 0.65 17% 173 Dry bulk 0.64 5% 3 4 Break bulk 0.72 12% 44 153 RORO 0.20 -10% Total Conventional 2.21 9% 153 1 Container (in mil. TEUs) 0.81 26% 37 2 3 Penang Port Sdn Bhd 1 33 14 Throughput (in mil. FWT) 1Q 2021 Growth (YoY) 4 Liquid 0.42 -13% 26 425 40 Dry bulk 0.51 -17% 362 148 10 Break bulk 0.27 -9% 1 Total Conventional 1.20 -14% 26 80 66 Container (in mil. TEUs) 0.34 -7% 32 Tanjung Bruas Port (2) (2) Throughput 1Q 2021 Growth (YoY) Conventional (in mil. FWT) 0.21 -20% Q1FY20 Q1FY21 Q1FY20 Q1FY21 Q1FY20 Q1FY21 Container (in ‘000 TEUs) 4.09 >100% Red Sea Gateway Terminal PTP JPB NCB RSGT PPSB TBP Throughput 1Q 2021 Growth (YoY) Container (in mil. TEUs) 0.76 66%

MMC CORPORATION BERHAD P A G E 9 ENERGY & UTILITIES ENERGY & UTILITIES : FINANCIAL PERFORMANCE

Revenue PATMI Revenue PATMI (RM million) (RM million) (RM million) (RM million) -24% YoY -33% YoY -28% YoY 17% YoY

1,774 1,606 1,351 1,153 89 60 56 48

Q1FY20 Q1FY21 Q1FY20 Q1FY21 Q1FY20 Q1FY21 Q1FY20 Q1FY21

Revenue PATMI Revenue PATMI Malakoff Gas Malaysia (RM million) (RM million) (RM million) (RM million)

YTD 31 March 2020 2021 2020 2021 YTD 31 March 2020 2021 2020 2021

MCB level 1,774 1,351 89 60 GMB level 1,606 1,153 48 56

MMC Portion (37.6%) N/A 27^ 17^ MMC Portion (30.9%) N/A 14 17

^ After deducting PERPS interest

MMC CORPORATION BERHAD P A G E 11 ENERGY & UTILITIES : FINANCIAL PERFORMANCE

Q1FY21 YoY Growth Revenue (RM mil) 6.2 <1% PBT (RM mil) 0.5 46.2% Treated water volume: • Water treatment 15.0 2.4% plants (million m3) • Recycling plants 0.6 78.5%

(million m3) Operational / Financials /Financials Operational

▪ Venturing into commercial and industrial business segment of water reclamation/ recycling wastewater.

▪ Entry into Non-Revenue Water (NRW) projects - Project in has showcased AIRB’s

Key Focus Key capabilities and expertise in successfully delivering NRW projects.

MMC CORPORATION BERHAD P A G E 12 ENGINEERING ENGINEERING : FINANCIAL PERFORMANCE

FY2020 vs Q1FY21 Q1FY21 QUARTERLY

Revenue PBT Revenue PBT (RM million) (RM million) (RM million) (RM million)

20% 16% -13% YoY -18% YoY -35% QoQ -66% QoQ

1,146

350 229 319 264 229 146 50 61 50

MMC CORPORATION BERHAD P A G E 14 ENGINEERING : ORDER BOOK Outstanding Order book of RM2.26 Billion as at 31 March 2021

Calendar Year

Total MMC’s 2021 2022 2023 Contract MMC’s Outstanding JV Overall # Project Value Portion Order Book Partner Progress (RM mil) (RM mil) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

MRT Line 2 : Sg. Buloh - Serdang - Putrajaya (38.7km) - 1 17,420 50% 946 Gamuda 88.7% Overall (Elevated, Underground & System)

MRT Line 2 : Sg. Buloh - 2 Serdang – Putrajaya (13.5 km) 13,110 50% 895 Gamuda 85.9% - Underground Works

Langat Sewerage Project 3 1,505 100% 107 - 93.8% (MMC PLSB)

4 Sungai Pulai Bridge 565 60% 147 CHEC 56.3

5 PGU-I Gas Pipeline 131 100% 80 - 35%

Langat 2 Water Treatment 6 994 50% 23 Salcon 100% Plant*

7 Other projects 151 100% 59 - -

TOTAL 33,876 2,257

We are here

6) Completed on August 2020, currently pending for EOT,CPC and final claims. 7) Other projects: Rehabilitation works of Container Terminal Yard and ancillary works at Johor Port Berhad, Development of New Container Yard for the purpose of laden & empty containers at JPB, Design & Build contractor for the proposed arrival hall expansion and construction of new passenger holding lounge for Senai International Airport and Proposed Development of 3 Single-Storey Warehouse at NDSB 2 Logistics Hub for Northport (M) Berhad, Design and Build for the Proposed 50 meter extension jetty and associated works at Tanjung Bruas Port, Redevelopment Project of Swettenham Pier Cruise Terminal.

MMC CORPORATION BERHAD P A G E 15 ENGINEERING : COMPLETED PROJECTS Undeterred Commitment in Delivering Value to Client

Completed Project

13 August 2020 Langat 2 Water Treatment Plant

MMC CORPORATION BERHAD P A G E 16 ENGINEERING : COMPLETED PROJECT (cont’d) Undeterred Commitment in Delivering Value to Client

Completed Project

28 October 2020 North Butterworth Container Terminal

MMC CORPORATION BERHAD P A G E 17 ENGINEERING : ON-TRACK PROJECT

Ongoing Project

Target Completion by 2021 Langat Sewerage Project

MMC CORPORATION BERHAD P A G E 18 ENGINEERING Ongoing Projects

Package Phase 1(A) I - Design And Build For The Proposed Bridge Crossing Sungai Pulai And Link Proposed 50 Meter Extension Jetty And Associated Road from Pelabuhan Tanjung Pelepas To Tanjung Works At Tanjung Bruas Port, Melaka Bin, Air Masin And Sungai Karang, Progress : 36.51% Progress : 59.07%

Sequence 1 - Installation of rebar Piling work for raker pile in progress. Bridge 3 Pier 25 crosshead is in Bridge 3 overall river side (Pier for pile plug. progress. 14 until Pier 27).

The Proposed Arrival Hall Expansion and Engineering, Procurement, Construction and Construction of New Passenger Holding Lounge Commissioning (EPCC) Of PGU-1 Gas Pipeline for Senai International Airport (SATEXP) Replacement Project (GRAPHITE) Progress : 53.88% Progress : 39.63%

Jacking Pit Construction Pipe Welding 1st Layer External Plaster Final Layer External Plaster

MMC CORPORATION BERHAD P A G E 19 CORPORATE & OTHERS CORPORATE & OTHERS : FINANCIAL PERFORMANCE

FY2020 vs Q1FY21 Q1FY21 QUARTERLY

Revenue LBT Revenue LBT (RM million) (RM million) (RM million) (RM million) 7% 23% -69.0% YoY 9.9% YoY 74 -86.1% QoQ 33.8% QoQ

36 16 5 5

-111 -100 -100 -151

-437

Lower Revenue and lower LBT due to: • Lower passengers and cargo volume handled at Senai Airport due to the COVID-19 pandemic. • Offset by lower operating cost and lower finance costs.

MMC CORPORATION BERHAD P A G E 21 CORPORATE & OTHERS : FINANCIAL PERFORMANCE & KEY FOCUS

Q1FY21 YoY Growth ▪ Continuous cost optimization initiatives via Revenue (RM mil) 4.8 69.3% reduced number of work shift and manpower. LBT (RM mil) -12.3 >100% ▪ Aggressive engagement with new and existing airlines on the resumptions of local Total Passenger volume and international flight operations. 45.4 94.0% (‘000)

▪ Promoting Senai Airport Aviation Park on Key Focus Key Cargo volume targeted Maintenance, Repair and 2.5 14.6%

(tonnage ‘000) Operations players. Operational / Financial / Operational

Normal Situation Current

Gate 4 & 5 Gate 4 & 5

Public Concourse Public Concourse

MMC CORPORATION BERHAD P A G E 22 CORPORATE & OTHERS : INDUSTRIAL DEVELOPMENT

Well Positioned & Equipped to Capitalise on the Supply Chain Shifts to SEA Region

Signed SPAs

FIZ Phase 2 32.43 Acres

I-PARK EcoWorld

~162 Pipeline

Sales Acres

7.2 acres with LOO

I-PARK @SENAI AIRPORT CITY FREE INDUSTRIAL ZONES ECO BUSINESS PARK II Official Launching in March 2018 Ready with infrastructure & utilities Official Launching in 2014

MMC CORPORATION BERHAD P A G E 23 GROUP OUTLOOK GROUP OUTLOOK : ALL IN ALL, POSITIVE OUTLOOK FOR THE GROUP

▪ Strong momentum going forward Aggressive push towards renewable ▪ Leveraging on congestion at energy segment where Malakoff’s neighboring ports footprint continues to grow, notably for ▪ To potentially exceed 10 mil TEUs in solar based projects within the Group 2021

▪ Maintaining strong momentum ▪ Stable volume demand amidst ▪ Development of Boustead Cruise economic recovery Centre business ▪ New business ventures in ▪ Growing warehousing business Combined Heat and Power (CHP) as well as Virtual Pipeline

▪ Import/ export market recovery ▪ Commodities trade to recover Diversification into new geographical areas as well as Waste to Energy

▪ Southern market recovery ▪ Growing transshipment business

MMC CORPORATION BERHAD P A G E 25 GROUP OUTLOOK : ALL IN ALL, POSITIVE OUTLOOK FOR THE GROUP

▪ Competitive pursuit of internal Group projects as ▪ Strong interest for SAC land especially for well as the external projects regional distribution hubs ▪ Targeted order book replenishment for the next ▪ Growing sales pipeline with serious prospects & 2 years is estimated to exceed RM1.0 billion. negotiation in place ▪ Increase in construction projects in line with the ▪ SPAs signed for 40 acres and 162 acres Budget 2021’s increased in Development currently in the sales pipeline Expenditure (DE) by 38%

MMC CORPORATION BERHAD P A G E 26 INDUSTRIAL DEVELOPMENT’S BUSINESS UPDATES A MASTERFULLY DESIGNED INDUSTRIAL PARK

28 SYNERGISTIC ECOSYSTEM Working closely with relevant Government agencies and bodies

Providing readily available industrial and commercial areas, contributing to the growth of trade volume MMC Land Sdn Bhd Quick access to a multi- modal logistics platform Infrastructure-Ready Land:- Synergistic Ecosystem built • SENAI AIRPORT CITY (SAC) on continuous derived • TANJUNG BIN INDUSTRIAL PARK (TBIP) demand for both additional New Development:- industrial areas as well as • NORTHERN TECHNOCITY (NTC) efficient and reliable logistical solutions

Seaports & Airport Easily accessible logistical amenities and solutions to act as a catalyst for future industrial developments

29 MASTERFULLY CRAFTED FOR LONG TERM SUCCESS

2,718acre Land Area

Free Industrial Zone & 400acre Free Commercial Zone

Ready common Infrastructure & Utilities

A Balanced Mix Integrated Development:-

Free Industrial Zone Hi-Tech & General Manufacturing Aerospace / MRO Mixed Development

30 SEAMLESS CONNECTIVITY VIA LAND, SEA & AIR BETWEEN MMC’S PORTS & AIRPORT Major Expressway Seaports International Airports ▪ 3KM to North-South Expressway ▪ 35KM to Port of Tanjung Pelepas ▪ 5KM to Senai International Airport 3 ▪ 4KM to Senai- Expressway 2 ▪ 40KM to Johor Port () 3▪ 60KM to International Airport ▪ 12KM to ▪ 320KM to International Airport

KUALA LUMPUR INTERNATIONAL AIRPORT

Member of MMC NORTH-SOUTH EXPRESSWAY

Member of MMC

MALAYSIA SENAI AIRPORT CITY SENAI DESARU EXPRESSWAY

SECOND LINK EXPRESSWAY

LEGEND North-South Expressway Senai-Desaru Member of MMC Expressway Second Link Expressway Exit to PTP CHANGI INTERNATIONAL AIRPORT Singapore Highway Member of MMC Free Zone TANAH MERAH PORT JURONG PORT Import/ Export Activities SINGAPORE PORT

31 CENTER OF THE INDUSTRIAL CLUSTERS A Greenfield within Brownfield concept Senai Airport City located in the center of the industrial clusters of well-known Manufacturing Companies. FOOD & BEVERAGE Senai International Airport

10 km radius Senai Airport City ELECTRICAL & ELECTRONICS

SAC15 km radius

Johor Port LOGISTICS

SINGAPORE Changi Airport Port of Tg.Pelepas OTHERS

Jurong Port

Singapore Port

32 SENAI AIRPORT CITY MASTERPLAN

A well-managed integrated development, consisting of- Free Industrial Zone Free Commercial Zone Hi-Tech & General Manufacturing Aerospace / MRO Mixed Development

Senai – Desaru SENAI Expressway INTERNATIONAL AIRPORT

Available Land Parcel

Available Land Parcel

33 SENAI AIRPORT CITY AS MASTER DEVELOPER TARGETING MNCs ➢ Complemented by 2nd Tier Developers, EcoWorld and i-Park Targeting SMEs

Senai Airport City caters for large development ie. 5 acres and above

Industrial Land

Target Segments are Free Zone, Manufacturing and Mixed Development

Tailor-made plots 2,718 acres of Land for expansion according to business industrial land requirements Approved Developer 400 acres of Ready-built common Status – An Incentive

5 acres and above and acres 5 Free Zone Area infrastructure for Developers i-Park @ SAC Facilitation support services: Local Authorities, MIDA, Government Agencies, etc.

Ready-Built Factories Ready-Built Factories/ Built to Suit

below Eco Business Park II

2-Storey Service Factory 1 ½ Storey Semi-Detached Factory acres and acres

4 Cluster Factory 1 ½ Storey Detached Factory Semi-Detached Factory Built to Suit

Land Acreage 34 STRATEGIC COLLABORATION

REAL ESTATE VALUE CHAIN : SUCCESSFUL INDUSTRIAL PARK

2nd Tier Authorities Master Developer Developers Working closely with both authorities and industries to •2ndNTCtier developers provides are space create a sustainable master Support master developers developingfor Tier gated 3 &- andTier-guarded 4 i.e. Senai Airport City and planned industrial park through: industrial parks to provide investors in pre, during and readycompanies-built facilities (SMEs) to to Complete Infrastructure investors:- post investment activities “Plug-and-Play” development model support Tier 1 & Tier 2 such as: offers business ready platform, companies in KHTP infrastructure and utilities readiness. Eco Business Park 2 • 2-Storey Service Factory • Advice on incentives and • Cluster Factory business operations Holistic Ecosystem • Semi-Detached Factory • Business licences and A Greenfield within Brownfield concept certification located in the center of the industrial clusters of well-known Manufacturing i-Park @ Senai Airport City • Obtain building approval Companies. • Semi-Detached Factory • Others • Detached Factory Authority Support & • Built to Suit Factory Facilitation Services

35 READY INFRASTRUCTURE & UTILITIES ➢ Provided & Dedicated To Senai Airport City

ELECTRICITY WATER SUPPLY SPECIALTY GAS & TELECOMMUNICATION FREE ZONE SECURITY INDUSTRIAL GAS

Main Supply Capacity Natural Gas Fibre Optics Managed by Auxiliary police force (275/132/33kV) 2.5 MGD Senai Airport City

▪ 100% ▪ Water Quality as ▪ Underground ▪ 24 Core Lines ▪ Perimeter Fencing ▪ 24 hours on site Underground per WHO Pipelines from ▪ Exchange ▪ CCTV Cable Networks (World Health Distribution Plant Capacity: 10,000 ▪ Custom Building Organization) lines upgradeable & Checkpoint Standards to 50,000 lines ▪ Broadband/ Mobile Service Provider

Ranhill SAJ Sdn Bhd

36 READY INFRASTRUCTURE & UTILITIES ➢ Implementation of Plug & Play Development Model with Ready Infrastructure and Utilities Reticulation along Land Parcel Boundary

WATER TANK WITH CAPACITY 2.5MGD

ROAD AND INTERCHANGE COMPLETED (Exit 254A)- OTP IN OCT 2016

ELECTRICITY SUPPLY (275KV/132Kv/33kV) STP WITH CAPACITY 20,000 PE NATURAL GAS WITH 360 PSI

STREET LIGHTING AND ROAD SYSTEM LANDSCAPE FREE ZONE AREA PERIMETER FENCING 37 SENAI AIRPORT CITY FREE ZONE AREA ➢ Senai Airport City Appointed as the Free Zone Authority

Hersheys

GN Resound/ Agility Logistic Custom Complex

The Only Inland Free Zone Area In Johor Housing Renowned MNC Industrial Players

Available Land with Ready Platform and Infrastructure Clearance Process by SAC Free Zone Authority 38 ESTEEMED COMPANIES IN SENAI AIRPORT CITY FREE ZONE AREA & OUR 2nd TIER DEVELOPERS

HERSHEY MALAYSIA- OPERATING SINCE 2016

I-PARK- OFFICIALLY LAUNCHED IN 2018 I-STAY (I-PARK DORMITORIES COMPLEX)

ECO BUSINESS PARK II – OFFICIALLY LAUNCHED IN 2016 ECO BUSINESS PARK II – FACTORY UNITS 39 8 REASONS TO BE PART OF US

SUPPORT FROM MMC GROUP’S COMPANIES INCENTIVES ▪ MMC will facilitate in the setting up and MIDA operations with the local authorities/ agencies. Pioneer Status, Investment Tax Allowance, Principal Hub IRDA Approved Developer Status FREE ZONE AREA COMPETITIVE PRICE & CUSTOMISED PLOTS ▪ Gazetted Free Zone Area for export-import ▪ Freehold land, price is ready with infrastructure and activities – Tax & GST exemption amenities ▪ Industry : FMCG, Logistics, Healthcare, E&E etc ▪ Greenfield within brownfield area ▪ Land plots are customised based on clients’ requirements. READY INFRASTRUCTURE & FACILITIES WORK-LIVE-PLAY IN ISKANDAR

▪ Infrastructure (roads, drainage, street lighting) ▪ Expatriates enclaves ▪ Utilities (mains to power, water and gas) on site ▪ International schools & educational institutions and within Senai Airport City. ▪ Healthcare

DIRECT CONNECTIVITY GUARDED INDUSTRIAL PARK

▪ 3 major highways, ▪ Around-the-clock security services by Malaysian ▪ 2 major seaports Auxiliary Police within Senai Airport City ▪ 2 international airports

40 MARKETING UPDATES - SAC PIPELINE as at Q1 2021

LOO Signed Size No. Company (Acres) 1 Company A 7.19 TOTAL 7.19 Sales Pipeline Size No. Company (Acres) 1 Company A 6.64 2 Company B 50.00 3 Company C 31.21 4 Company D 9.79 5 Company E 9.73 6 Company F 9.73 7 Company G 21.68 8 Company H 15.52 TOTAL 154.30

No. Total Legend Status Investors Acreage Signed SPA 13 684.44 LOO Signed 1 7.19 Pipeline 8 154.30

41 TANJUNG BIN INDUSTRIAL PARK DEVELOPMENT BY: SEAPORT WORLDWIDE SDN BHD

42 TANJUNG BIN INDUSTRIAL PARK Located opposite to Port of Tanjung Pelepas & next to Malakoff Power Plant Acres with 2,255 Free Zone Status

minutes to TBIP International 45 Shipping Lane Port of Tanjung Pelepas

meter 17 natural draft

kilometer shoreline Malakoff Power Plant & sheltered 3.6 water Ready Basic Infrastructure

Seaports Port of Tg. Pelepas & 2 Johor Port

Major highways Centralised Effluent Treatment NSE & System (CETS) 2 Second-Link

TARGET INDUSTRIES

Dry & Liquid Bulk Logistic & Food & Beverage Commodity Trading Transmission Storage Warehousing Manufacturing Main Intake 43 SEAMLESS CONNECTIVITY VIA LAND, SEA & AIR BETWEEN MMC’S PORTS & AIRPORT Major Expressway Seaports International Airports ▪ 45KM to Second Link Expressway ▪ 50KM to Port of Tanjung Pelepas ▪ 60KM to Senai International Airport 2 ▪ 50KM to North-South Expressway 2 ▪ 85KM to Johor Port (Pasir Gudang) 3▪ 100KM to Changi International Airport ▪ 335KM to Kuala Lumpur International Airport

KUALA LUMPUR INTERNATIONAL AIRPORT

LEGEND NORTH-SOUTH EXPRESSWAY Member of MMC North-South Expressway Second Link Member of MMC Expressway MALAYSIA Exit to PTP

SECOND LINK EXPRESSWAY Singapore Highway

Free Zone

Import/ Export Activities

Member of MMC

SINGAPORE CHANGI Member of MMC INTERNATIONAL AIRPORT TANJUNG BIN INDUSTRIAL PARK Member of MMC TANAH MERAH PORT JURONG PORT

SINGAPORE PORT

44 TANJUNG BIN INDUSTRIAL PARK ➢ Strategically located at the intersection of East-West Trade Lanes

Tanjung Bin Industrial Park

45 minutes from International Shipping Route

▪ Natural water draft of 17 meter ▪ 45 minutes from international shipping route 45 45 TANJUNG BIN INDUSTRIAL PARK ➢ Development View

PORT OF TANJUNG PELEPAS

Sungai Pulai Bridge

PHASE 1 PHASE 2 (667 ac.) (1,588 ac.)

Target Development of ATB’s 116-acre parcel Oil Tank Storage Facilities 123 ac.

46 TANJUNG BIN INDUSTRIAL PARK ➢ Overview of Development Progress Total Land Area: 2,255 acres Total Shoreline: 3.6 KM Power, Water, & Basic Utilities: Telecommunication Sungai Pulai Bridge Leasehold Land Type: (Free Zone) Phase 1 Total Land Area: 667 acres PHASE 2 1,918m Total Shoreline: 1.7 KM Phase 2 (1,588 acres) Total Land Area: 1,588 acres 974m Total Shoreline: 1.9 KM Land Use Based From “KM” Plan PHASE 1 Land Use Size (acre) 727m (667 acres) Heavy Industry 1,000 Medium Industry 345 Commercial 115 Public Facilities and 795 Infrastructure Total 2,255

47 INVESTMENT IN TANJUNG BIN INDUSTRIAL PARK ➢ Highlights of Investment at Tanjung Bin Industrial Park

PORT OF TANJUNG PELEPAS

PHASE 1 MALAKOFF PHASE 2 FUTURE EXPANSION ATB’s Oil Tank Storage Facilities (123 ac.)

Tank Storage Total Capacity No. Jetty Leased Period PHASE 1 41 tanks 900,000 cbm (Completed 2012) PHASE 2 (Stage 1) 12 tanks 250,000 cbm (Completed 2015) 6 Jetties 30 + 30 years - (since 2008) PHASE 2 (a) 6 tanks 225,000 cbm (Completed 2020) Total Tanks (Completed) 59 tanks 1,375,000 cbm

*Disclaimer: The information provides general information only and may subject to change based on ATB’s overall planning 48 TANJUNG BIN INDUSTRIAL PARK ➢ Ready Infrastructure & Utilities On Site

Centralised Effluent Treatment System (CETS) Road Alignment Transmission Main Intake

*Artist impression of the Sg. Pulai Bridge Water Pipe / Valve Telecommunication Lines

49 TANJUNG BIN INDUSTRIAL PARK ➢ Development Advantages

▪ Adjacent to International shipping lane ▪ Platform ready with infrastructure (45 minutes) ▪ Free Industrial Zone ▪ Direct connectivity to KL/ Singapore via Sungai ▪ Natural water draft of 17 meter Pulai Bridge (Target to complete June 2022)

50 FUTURE CONNECTIVITY BETWEEN AND PONTIAN VIA SUNGAI PULAI BRIDGE PROJECT BENEFIT To enhance network connectivity between district of Pontian and Seaport Worldwide Sdn. Bhd. (SWW) is a master developer for Tanjung Bin Industrial Park and a project To shorten the distance and time travel proponent for proposed bridge crossing Sungai Pulai and linking Gelang Patah to Pontian between district of Pontian and Johor Bahru

PROJECT INFORMATION To improve socioeconomic and developments of surrounding areas

Total Length of To enhance tourism industry Road and Bridges Road Width

7.5 km 24m TRAVEL TIME

Before Bridge After Bridge From/To APPROVAL Construction Construction Pontian Jabatan Kerja Raya (JKR) Jabatan Pengaliran dan Saliran (JPS) Pelabuhan 60KM 15KM Tanjumg Jabatan Alam Sekitar (JAS) 60 minutes 15 minutes Pelepas 2 2 Jabatan Hutan (JH) (PTP) Dual Carriage Way Jabatan Laut (JL) 55KM 30KM Iskandar 55 minutes 30 minutes Puteri

Project Timeline 70KM 45KM Johor 90km/h 2017 – 2022 70 minutes 45 minutes Bahru

Navigation Clearance 60KM 30KM CIQ 2nd link 100m 25m 60 minutes 30 minutes Horizontal Vertical 51 PROJECT PROGRESS - SUNGAI PULAI BRIDGE

Completion Date 30 June 2022 Progress as of Actual : 56.27% March 2021

EAST BANK / TG. PELEPAS WEST BANK/TG. BIN

Overall view of Main Bridge (Bridge 3) at Sungai Pulai

52 OVERVIEW OF NORTHERN TECHNOCITY

MMC CORPORATION 53 BERHAD P A G E 53 NORTHERN TECHNOCITY ➢ A Well Planned & Managed Development in Kulim,

PERLIS

KEDAH NORTHERN TECHNOCITY SDN BHD

PENANG KELANTAN TERENGGANU 100% owned by MMC Land Sdn Bhd

Development size : 354acres PAHANG

SELANGOR Kuala Lumpur Location : Kulim, Kedah NEGERI Putrajaya SEMBILAN

MELAKA JOHOR

SINGAPORE 54 NORTHERN TECHNOCITY COMPREHENSIVE DEVELOPMENT & ECOSYSTEM KEDAH Strategic Location ➢ Access to major highways, seaports and airports NORTHERN TECHNOCITY

Well-designed Masterplan ➢ Developments consist of Industrial, PENANG Commercial and Residential elements.

Infrastructure ready ➢ Electricity, water and telecommunication supply

Green field within brown field ➢ Development surrounded by a matured Hi-Tech industry ecosystem ie. Kulim Hi-Tech Park

55 LOGISTICAL NETWORK & SEAMLESS CONNECTIVITY ➢ Connectivity Distance via Land, Sea & Air – Ease for International Trade

Major Expressway Seaport International Airport Butterworth-Kulim Expressway (5km) Penang Port: approx. (30km) Penang International Airport: approx. (45km) North-South Expressway (24km) (via 1st )

NORTH-SOUTH EXPRESSWAY

KEDAH

BUTTERWORTH-KULIM BUTTERWORTH EXPRESSWAY

PENANG PORT

PENANG KULIM

BAYAN LEPAS Approximate distance to : PENANG INTERNATIONAL AIRPORT • Butterworth: 30 km • : 40 km BATU KAWAN • : 45 km

56 NORTHERN TECHNOCITY ➢ Surrounded by a Matured Industrial Ecosystem From Sg Petani KHTP PHASE 4

KHTP PHASE 3 KHTP PHASE 1

NORTHERN TECHNOCITY (NTC)

NTC KHTP PHASE 2 To Penang

Kulim Kulim Technocity Golf & Residential Country PH 1,2 & 3 Resort

57 NORTHERN TECHNOCITY MASTERPLAN

LEGEND Medium Industry Light Industry 147acres Industrial Residential 41% Commercial 61acres Commercial 17%

52acres Residential 15%

Utilities & Public Amenities 94acres 27%

58 READY INFRASTRUCTURE & UTILITIES ➢ Provided & Dedicated To Northern Technocity

Electricity Water Industrial Gas Telecommunication

Main supply (11/33 kV) Quality as per WHO Underground pipelines Fibre optics: *Upon customer request (World Health Organization) from distribution plant 24/48 core lines @ Standards 120Mbps and above Features: • Reliable power quality • Underground distribution Capacity: Broadband/ Mobile system 2.0 MGD/ 9.5 MLD Service Provider • Guaranteed no interruption / downtime

N.U.R Power Sdn Bhd Syarikat Air Darul Aman Gas Malaysia Berhad TM Berhad Sdn Bhd

59 MATURED INDUSTRIAL ECOSYSTEM ➢ Housing Established MNC and Local Companies

Manufactures solar panel and integrated manufacturing of wafers, cells and modules

First Solar manufacturing facility

Key operations center for mobile modules and assembly of processor packaging.

Sil Terra head quarters and manufacturing facility

Infineon wafer fabrication facility Electronic manufacturing and R&D facility

60 NORTHERN TECHNOCITY ➢ Investment Value Proposition For Future Industrial Players

147 acres freehold industrial land and 61 acres freehold commercial 1 land with ready infrastructure

Direct Access to major expressway 2 ie. Butterworth-Kulim Expressway & North-South Expressway

Surrounded by matured industrial ecosystem 3 ie. Kulim Hi-Tech Park

Seamless access to major infrastructure 4 ie Penang Port and Penang International Airport

Support and facilitation from MMC Group’s companies in daily 5 operation and investment matters

6 Attractive incentives from investment agencies ie. MIDA and NCER

61 For enquiries, kindly contact:

Gan Seng Keong Head, Group Property 017-333 6098 [email protected]

Disclaimer - All information including but not limited designs, drawings, concepts, photos, images, brochures, perspectives, articles and plans (“Information”) are subject to change without prior notice and cannot form part of any offer or contract. NTC shall not be liable for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information. While every effort has been taken to provide accurate Information, NTC reserves the right to upgrade, modify, alter, suspend, discontinue or remove, whether in whole or in part. NTC makes no guarantee that the information provided (and includes any upgrade, updates and modifications) is accurate, correct, complete or up-to-date. This presentation is intended only for the use of the person(s) to whom it is addressed and may contain information that is confidential and privileged under applicable laws. If you are not the intended recipient(s), you are hereby notified that any use, review, dissemination, disclosure or copying of this presentation and the information it contains is prohibited. If you have received this presentation in error, please notify the sender by reply e-mail and discard all its contents immediately.

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62 DISCLAIMER

This presentation is not intended to form the basis of any investment decision with respect to MMC Corporation Berhad (MMC). Neither this presentation nor anything contained herein shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. This Presentation is solely based upon Information of MMC. No representation or warranty, express or implied, is or will be made by MMC in relation to, and no responsibility or liability is or will be accepted by MMC as to the accuracy and completeness of, the Information made available, and any liability therefore is expressly disclaimed.

This Presentation contains “forward-looking statements”. Forward-looking statements by their nature involve known and unknown risks, uncertainties and other factors that are in many cases beyond MMC’s control. Although MMC believes that the expectations of its management as reflected by such forward-looking statements are reasonable based on information currently available to it, no assurances can be given that such expectations will prove to have been correct. Accordingly, you are cautioned not to place undue reliance on such forward-looking statements. In any event, these statements speak only as of their dates, and MMC undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

This presentation and its contents are strictly confidential and must not be copied, reproduced, distributed, summarized, disclosed referred or passed on to others at any time without the prior written consent of MMC.

MMC CORPORATION BERHAD P A G E 63 MMC CORPORATION BERHAD

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+603 2071 1122

[email protected]

https://www.mmc.com.my/