SIME DARBY

MOMarch 2018 TORS

The world’s second largest BMW dealer

Sells more than 80,000 vehicles a year

Represents more than 30 brands in the Asia Pacific region

Partnership with BMW goes back 45 years from 1972

First distribution business began more than 30 years ago March 2018

SIME DARBY MOTORS

Sime Darby Motors is the automotive arm of Sime Darby Berhad and is involved in the retail, distribution, assembly and rental businesses. It has presence in 10 countries across the Asia Pacific region.

China - BMW - MINI - Rolls-Royce - Lamborghini - McLaren

Hong Kong - BMW - MINI Taiwan - Rolls-Royce - KIA - Peugeot - Suzuki Thailand - Mitsubishi - BMW - McLaren - Ford - Mitsubishi Fuso - - JAC Macau Vietnam - BMW - MINI - Rolls-Royce - Peugeot - Suzuki - Mitsubishi - BMW - JAC - MINI - Mitsubishi Fuso - Ford - Porsche - - Jaguar - Hyundai - McLaren - Hertz - Thrifty

Singapore - BMW - Peugeot New zealand - Ford - BMW - Hertz - Porsche - Thrifty - Volkswagen Australia - Ferrari - BMW - Hino - MINI - Audi - Ferrari - Nissan - Porsche - Mack - Corefleet - Volvo Trucks - Fiat - UD Trucks - Alfa Romeo

Porsche 911 GT3 RS March 2018

RETAIL & ASSEMBLY

RETAIL ASSEMBLY Sime Darby Motors’ retail operations offer a wide Sime Darby Motors’ first assembly plant was the range of vehicles from broad appeal market brands to Associated Motors Industries (AMI) plant in Selangor, luxury , as well as commercial vehicles. Some of Malaysia in 1982, assembling BMW and Land Rover the brands represented by Sime Darby Motors include vehicles. BMW, MINI, Roll-Royce, Porsche, Hyundai, Ford and Land Rover. In 2004, Sime Darby Motors acquired the assembly plant in Kedah, Malaysia, assembling Sime Darby Motors is focused on selling quality various Hyundai passenger and commercial vehicles. products supported by excellent after sales services. In 2008, assembly operations for BMW and Land Rover were relocated from AMI to Inokom plant. The Its retail operations feature some of the best and MINI and Mazda brands were added in 2011. latest state of the art facilities in the region. Showrooms and service centres throughout the 10 Assembly materials are sourced from respective countries are designed to offer customers comfort principals overseas as well as locally, catering for and experience second to none. both the domestic and export markets. Inokom’s current capacity is between 30,000 - 40,000 units per annum. Utilising 51% of a 200-acre site, the plant has the potential to expand its production facility and is poised to meet increasing demand from the Asia Pacific region.

DISTRIBUTION & IMPORT

Sime Darby Motors serves as a bridge between Recent collaborations were formed with Porsche in its principals and customers through its extensive Australia, Kia in Taiwan, BMW and MINI in networks in the markets it operates in. Australia, Jaguar in Malaysia, F errari in Australia as well as Alfa Romeo and Fiat in Australia. Its first distribution business began more than 30 years ago through the distribution of Ford vehicles. In the commercial vehicle sector, Sime Darby Motors It now imports and distributes, among others, BMW, imports and distributes, the Hino, UD Trucks, MINI, Rolls-Royce, Ford, Land Rover, Hyundai, Mitsubishi Fuso and Mack brands, among others. Porsche, Suzuki and Mitsubishi passenger vehicles in the Asia Pacific region.

Sime Darby Motors’ foray into the Australasia market began in 1998 with the acquisition of Continental Services Ltd, a multi-franchise dealership based in Auckland, New Zealand. March 2018

BRANDS WE REPRESENT

Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia Malaysia China China Singapore Australia Singapore Hong Kong Thailand New Zealand Thailand Macau Hong Kong Australia Macau New Zealand Australia

Malaysia Hong Kong China Singapore China Hong Kong Hong Kong Thailand China Macau Hong Kong Hong Kong Macau Macau Hong Kong Macau Macau

Taiwan New Zealand New Zealand New Zealand New Zealand New Zealand New Zealand Australia

New Zealand New Zealand Hong Kong Malaysia Malaysia Australia Australia Australia Macau Singapore Singapore

BMW i8 March 2018

EXECUTIVE LEADERSHIP

ANDREW BASHAM Managing Director, Sime Darby Motors

AGE 51 INDUSTRY EXPERIENCE 23

Andrew Basham joined Sime Darby Berhad on 1 February 2018 with more than 23 years of extensive experience in management, business development and operations for leading brands in the globally.

He started his career in audit and accounting with PriceWaterhouse Australia before moving to distribution/logistics and later assumed senior executive management roles in various automotive companies.

He has a Bachelor of Economics from the University of Adelaide, South Australia and is a member of the Institute of Chartered Accountants, Australia

DENNIS HO GARY WONG Managing Director - Malaysia, Managing Director - China, Hong Kong Thailand & Taiwan, Sime Darby Motors & Macau, Sime Darby Motors

AGE 51 INDUSTRY EXPERIENCE 26 AGE 53 INDUSTRY EXPERIENCE 17

Dennis Ho was appointed the Chief Gary Wong has been the Managing Operating Officer of Hyundai Sime Director of Sime Darby Motors China, Darby Motors Sdn Bhd in June 2007, and Hong Kong and Macau markets since was tasked to build the Hyundai brand. July 2017. Gary started his career with He was later appointed the Managing Sime Darby China Limited, Hong Kong Director of the same company in in June 2000, as an Operation Manager December 2007. Dennis was later (Automotive Division) and was promoted to Managing Director for promoted as the Regional General Sime Darby Motors’ Malaysian Manager in 2001 for the group’s multi- operations in February 2012, and was franchise automobile retail business in given the additional responsibility of southern China. Gary’s last position introducing the Kia brand to the Taiwan before he left the Sime Darby Group in market. He assumed his present 2005 was as the Director and General position in November 2013 to oversee Manager of Rolls-Royce Motor Cars the Malaysian, Thailand and Taiwanese Hong Kong & China. Prior to re-joining markets for Sime Darby Motors. Sime Darby this year, Gary has worked with several leading automotive players in the region and served in various management and advisory roles. March 2018

PATRICK MCKENNA NIK MUHAMMAD HANAFI Managing Director - Australia and New Zealand, Sime Darby Motors NIK ABDULLAH Chief Financial Officer, Sime Darby Motors AGE 55 INDUSTRY EXPERIENCE 29 AGE 53 INDUSTRY EXPERIENCE 31 Patrick McKenna joined the Sime Darby group in March 2006 as Managing Nik Hanafi was appointed the Head of Director for the New Zealand Group Corporate Assurance for Sime operations. In April 2013, Patrick was Darby Berhad in November 2007, before promoted as Managing Director for assuming his present position in Sime Sime Darby Motors' New Zealand and Darby Motors in June 2010. His current Australian operations. He is currently responsibilities in Sime Darby Motors responsible for operations across both include financial management and countries, which include commercial controls, accounting, risk management, vehicle distribution, sales and service IT, procurement, strategy and business companies, multiple premium brand development. He is a certified public retail car dealerships and passenger accountant. vehicle importation and distribution.

ZAHIDAH AKMAL DATUK AISHAH GHAZALI SHAIKH AHMAD Head of Human Resources, Head of Corporate Affairs, Sime Darby Motors Sime Darby Motors and Chief Executive Officer, AGE 47 INDUSTRY EXPERIENCE 25 Sime Darby Auto Imports Sdn Bhd

Zahidah Akmal Ghazali was appointed AGE 65 INDUSTRY EXPERIENCE 30 the Head of Human Resources, Sime Darby Motors in October 2015. She has Datuk Aishah Shaikh Ahmad is the Head more than 20 years’ experience in the of Corporate Affairs for Sime Darby full spectrum of human resource and Motors and Chief Executive Officer of industrial relations in strategic and Sime Darby Auto Imports Sdn Bhd. She operational roles including 10 years of joined Sime Darby in 1981 as a Fleet experience holding regional positions. Sales Manager with Ford Malaysia Sdn She has implemented structural Bhd. In January 2002, Datuk Aishah was re-organisation and change manage- promoted as Head of Corporate Affairs, ment in multinational companies. She is for the Sime Darby Motors Group in currently responsible for developing Tractors Malaysia Sdn Bhd, and contin- and implementing human resource ued with her portfolio when Sime Darby management strategies. Motors was restructured as a core division of the Sime Darby Auto Imports Sdn Bhd in January 2006. With more than 30 years of experience in the automotive industry, Datuk Aishah has served as the Chairman of the Automo- tive Federation Malaysia (AFM) since September 1998, and as the President of the Malaysia Automotive Association (MAA) since January 2000. March 2018

HISTORY

1972 2003 Sime Darby Motors acquired BMW Concessionaires (HK) The Sime Darby Group officially announced the establishment Ltd, the sole importer and distributor of BMW cars and of BMW Malaysia Sdn Bhd, a joint venture between BMW motorcycles in Hong Kong and Macau. Group and Auto Bavaria Sdn Bhd. 1979 2004 Performance Motors Ltd (PML) gained dealership rights Sime Darby Motors foray into New Zealand began with an of BMW cars and motorcycles in Singapore. investment in the truck business, involving the distribution of Mack, and Hino brands. The investment also 1981 added new brands to the group’s retail business including Tractors Singapore Ltd was appointed sole distributor Nissan, Mitsubishi, Kia and Suzuki. of Land Rover and Range Rover vehicles and parts in Singapore. It also became the franchise holder for Ford 2005 passenger cars and commercial vehicles in Singapore. Sime Darby Auto Italia Sdn Bhd was awarded the exclusive franchise rights of the Alfa Romeo marque in Malaysia by Land Rover Malaysia Sdn Bhd, the sole franchise holder FIAT Auto SPA. in Malaysia and Brunei was set up by Pernas Sime Darby Holdings and Land Rover Ltd of the UK. Sime Darby Motors finalised the acquisition of Hyundai businesses in Malaysia from Berjaya Group, adding the 1982 Hyundai brand to its marques. Sime Darby Motors entered the hire and drive business through the setting up of Hertz franchise for Malaysia 2006 and Brunei. Shanghai Sime Darby Motor Commerce Company Ltd was incorporated in China as a wholly-owned subsidiary 1986 of Sime Darby Motor Group (HK) Ltd. The company is Sime Darby Hong Kong Ltd acquired sole distributorship primarily involved in the retail of automobiles by Rolls- rights for the Suzuki motor vehicle franchise in Hong Royce Motor Cars Ltd. Kong and Macau. 2009 1987 Sime Darby Hyundai Sdn Bhd acquired the remaining 60% Sime Darby Hong Kong Ltd acquired sole distributorship equity interest in Oriental-Hyundai Sdn Bhd, making it a rights for the BMW motor vehicle franchise in Hong Kong subsidiary Sime Darby Berhad. and Macau. Auto Bavaria Sdn Bhd, a member of the Pernas Sime 2010 Darby Group was appointed authorised sole importer and Sime Darby Motors became the retailer of Lamborghini distributor of BMW products in Malaysia. vehicles in China. Sime Darby Auto Performance Sdn Bhd commenced 1991 operations as the distributor and retailer of Porsche- The first Malaysian assembled BMW 730iL rolled out of branded motor vehicles,spare parts, and accessories the AMI assembly plant, making Auto Bavaria the first including provision of related services in Malaysia. BMW importer to assemble the vehicle outside German. Sime Darby Motors added the Jaguar and Land Rover 1994 marques to its retail business in China. Sime Darby Motors entered China with the acquisition of distribution rights for the BMW motor vehicle franchise 2011 in the Guangdong and Hainan provinces. The McLaren brand joined the list of luxury marques under Sime Darby Motors business in Hong Kong. 1997 Regent Motors Ltd, distributor of Ford and Land Rover 2012 vehicles in Singapore, attained ISO 9002 certification. Rolls-Royce’s Macau dealership commenced operations Sime Darby Motors Thailand expanded its retail operation Universal Cars Ltd in Hong Kong was awarded ‘The for Ford. Best Performance Distributor’ by Mitsubishi Motors Corporation for excellent sales of the Mitsubishi Galant. 2013 Performance Motors Ltd in Singapore won the BMW Inokom commenced assembly of Mazda vehicles for AG award for achieving the highest sales for BMW export to Thailand. worldwide. McLaren began operations in Shanghai and Malaysia. 1998 Sime Darby Motors was appointed as sole distributor The after sales parts and service centres for Mitsubishi, and dealer of McLaren vehicles in Malaysia. Ford, Suzuki and Alfa Romeo were consolidated under a Sime Darby Motors appointed the official and authorised new company, Sime Darby Motor Services Ltd, to improve importer and distributor of BMW and MINI motor vehicles customer service. in Vietnam through Euro Auto Corporation. Sime Darby’s foray into the New Zealand automotive market began with an 80% acquisition of Continental Car Services 2014 Ltd, a multi-franchise dealership based in Auckland. Sime Darby Motors acquired Brisbane BMW Group in Australia. 1999 Sime Darby Motors entered into a JV with Sisma Auto Sdn The New Discovery was officially rolled out of the Selangor, Malaysia assembly plant, making it the first Land Rover Bhd and obtained sole distributorship and dealership of vehicle ever to be assembled outside its home base in the UK. Jaguar and Land Rover vehicles in Malaysia. 2016 2002 A new Porsche Parramatta Centre in Sydney, Australia Sime Darby Australia Ltd acquired the Corefleet business. was officially launched in December. 2003 Sime Darby Hong Kong Ltd was renamed Sime Darby 2017 China Ltd and its regional headquarters relocated from Sime Darby Motors added the Fiat and Alfa Romeo Hong Kong to Beijing, China. marques with the acquisition of a dealership in Brisbane, Australia. March 2018

FINANCIAL HIGHLIGHTS

REVENUE (RMm) * PROFIT BEFORE INTEREST RETURN ON AVERAGE & TAX (PBIT) (RMm) * INVESTED CAPITAL

25000 1000 (ROAIC) (%) *

20000 800 25

20 15000 600

15

10000      400                    

     10               

5000 200 5                 

0 0 0 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 *as at June 2107 AWARDS & ACHIEVEMENTS

2017 Kedah Industrial Excellence Award 2017 National Team Winner for Sales Annual Foreign-invested Enterprises - for Inokom Malaysia by Kedah Chief Consultant for Sime Darby Mazda Excellent Enterprises for Shenzhen Bow Minister (Thailand) Ltd by Mazda Sales (Thailand) Chuang Vehicle Trading Co. Ltd. Co, Ltd by Shenzhen Foreign Investment Best Dealer in Sales in the region of Enterprise Association Africa, Asia, Caribbean, Eastern Europe, BMW Aftersales Dealer Award for Auto Middle East, Pacific for Performance Bavaria Kuala Lumpur by BMW Group Print. Chinese Campaign. Gold Award Motors Ltd (Singapore) by BMW Group (Malaysia) for BMW 7 series ‘5 elements’ Campaign (Singapore) for Performance Motors Ltd (Singapore) MINI Dealer of the Year Awards for Auto By Singapore Press Holdings International Hino Service Department Bavaria Kuala Lumpur by BMW Group of the Year for Trucks Stops Ltd (New (Malaysia) Grand Prix Winner For BMW 7 Series ‘5 Zealand) by UD Truck Distributors (New Elements’ Campaign for Performance Zealand) Chinese Retailer of the Year for McLaren Motors Ltd (Singapore) By Singapore Shanghai by McLaren Group (Hong Press Holdings BMW Major Metro Dealer Trophy Kong) Winner for BMW Brisbane by BMW 2015 Group (Australia) Pacific Retailer of the Year for McLaren Auckland by McLaren Group (Auckland) Passenger Car Retailer of the Year for Anugerah SOHELP (Systematic BMW Concessionaires (HK) Ltd by Occupational Health Enhancement Level BMW Dealer Trophy (Winner) Large Automobile Hong Kong Program) - LEVEL 5 for Inokom Metro Category 2016 for Brisbane BMW Corporation Sdn Bhd by Jabatan from BMW Group Australia Consumer Car Dealer of the Year for Keselamatan Dan Kesihatan Pekerjaan BMW Concessionaires (HK) Ltd by Customer Favorite Award for Sime Automobile Hong Kong Best Dealer in Customer Care in the Darby Rent A Car Sdn Bhd by region of Asia Pacific & South Africa for Rentalcars.com Outstanding Distributor Participation Auto Bavaria Sungai Besi by BMW Asia 2015 for Hyundai Sime Darby Motors by Marvelous Sales Increase Award for Pacific & South Africa Hyundai Asia Pacific Island Motors Ltd. by Suzuki Motors 2016 Corporation Best Service Performer 2014 for Performance Motors (Thailand) Limited Best BMW Dealer in Customer Care in Q3 BMW West Region Best ASF by BMW Thailand the region of Asia Pacific & South Africa Operation Award for Chongqing Bow for Auto Bavaria by BMW Group Chuang Motor Sales & Service Co. Ltd. Malaysia by BMW China