Annual General Meeting 19 April 2017 1 Disclaimer This - PowerPoint PPT Presentation

Presentation to Shareholders Annual General Meeting 19 April 2017 1

Disclaimer This presentation may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include industry and economic conditions, competition, and legal, governmental and regulatory changes. The forward-looking statements reflect the current views of Management on future trends and developments. 2

Overview Vision To be a leading service provider, building reliable connections and solutions for the benefit of our stakeholders. Investments Data Centre Logistics   Contract Logistics Design & Build  Telecommunications/Infocomm Technology   Port Logistics Own & Operate (Facility Management)  Urban Logistics  REIT & Fund Management 3

Financial Performance  Revenue was S$195m S$ NET PROFIT Million  Net profit was S$105m 160 105  Shareholders ’ funds were S$797m 120 92 21  Return on Equity was 13.8% 80 24 100  Net gearing was 0.53x 40 63 5 -  Cash dividend per share of 4.5 cents (16)* (40) FY 2015 FY 2016 Logistics Data Centre Investments 4 * Includes impairment losses in fixed assets.

Logistics Division 5

Keppel Logistics in Asia Pacific China • Foshan, Guangdong • Hong Kong • Jilin City, Jilin 3.8 million sq ft of warehouse space • Lu’an , Anhui • Shenzhen, Guangdong in 6 countries across Asia Pacific • Tianjin • Wuhu, Anhui Singapore Vietnam • Bac Ninh • Binh Duong • Hanoi Malaysia • Ho Chi Minh City • Kluang, Johor • 3 river ports in China with container handling Long An • Shah Alam, Selangor capacity of 700,000 TEUs per year Indonesia • Jakarta Australia • Medan • • Brisbane Balikpapan 6

Key Logistics Trends US$ E-COMMERCE MARKET  Asia Pacific 3PL market is expected to grow at a Billion (SOUTHEAST ASIA) CAGR of over 5% to reach US$385 billion by 2022¹. 100  Southeast Asia e-commerce market to grow at a 88 CAGR of 32% to reach US$88 billion by 2025².  Increasing adoption of new technology applications and automation, and new business 50 models such as crowdsourced logistics for greater connectivity and efficiency. 5.5 0 2015 2025 7 Source: (1) Global Market Insights, (2) Research by Google and Temasek

Logistics Division’s 2016 Milestones New Businesses Awards Initiatives • Acquired Courex, an • Awarded Singapore • Integrate operations (SEA, e-commerce fulfilment Domestic Logistics Service China) to enhance cost company (59.6%) Provider of the Year by efficiency Frost & Sullivan • Tianjin Eco-City Distribution • Restructure business into Centre commenced Contract Logistics, Port operations Logistics and Urban Logistics 8

Keppel Logistics’ Capabilities Building on its rich experience in third-party logistics, Keppel Logistics will capture new growth by providing e-commerce and urban logistics solutions for the digital economy. Healthcare & Pharmaceuticals Publication Cold Chain Fast Moving Consumer Goods Electronics & Appliances Retail & E-commerce 9

Data Centre Division 10

Investment Strategy – Target Regions Data Centre Footprint Combined portfolio of 17 data centres with 1.4 million sq ft of net lettable area* Germany Keppel DC Frankfurt 1 mainCubes (under development) Netherlands Almere 1 & 2 IRELAND Keppel DC Dublin 1 European platform UK Greenwich View 7 Cardiff Italy Milan Asian HONG KONG PCCW – Keppel T&T International Carrier Exchange platform MALAYSIA Cyberjaya DC SINGAPORE Keppel DC Singapore 1,2,3 Keppel DC Singapore 4 (under development) BRISBANE iseek DC Australian SYDNEY platform Gorehill DC Intellicentre 2 11 * Includes all data centres under Keppel T&T, Keppel DC REIT and Alpha Data Centre Fund.

Key Data Centre Trends Sustained growth of the data centre industry with developing technologies forming the next wave of digital revolution and data creation Internet of Things¹ Connected Devices² Cloud Market³ Colocation Market⁴ +17% +34% +61% +13% CAGR from 2014 to 2020 CAGR from 2016 to 2020 CAGR from 2015 to 2020 CAGR from 2016 to 2022 12 Source: (1) International Data Corporation, (2) Gartner, (3) Structure Research, (4) KBV Research

Data Centre Division’s 2016 Milestones Expanding Capital Base Growing Footprint Unlocking Value    Collaborated with Keppel Co-invested in Keppel DC Divested 50% stake in Keppel Capital on the US$500 million Frankfurt 1 with ADCF DC REIT Management to Alpha Data Centre Fund Keppel Capital  Embarked on the PCCW (ADCF)  Global-Keppel International Divested 90% stake in Keppel Carrier Exchange in Hong DC Singapore 3 to Kong Keppel DC REIT 13

Creating & Capturing Value Keppel T&T is poised to capture value and recurring income in collaboration with Alpha Data Centre Fund and Keppel DC REIT Revaluation Operation Fee-based & Divestment DESIGN OWN STABILISE TRUSTS & & & & BUILD OPERATE MONETISE FUNDS • Wholesale colocation • Trust & fund management • Unlocking value • Management & development • Facility management • Dividend income • Recycling & reinvesting capital • Value-added services for higher returns >12 Years of Operational Asia Pacific & Europe Capital Recycling Blue Chip Clients Excellence Presence Platform 14

Synergies with the Keppel Group Leveraging synergies across the Keppel Group’s business verticals to create sustainable value with capital efficiency Keppel Keppel Keppel Keppel Capital T&T Land Infrastructure Fund management Development & Power & cooling services operational services solutions Data centre project Asset stabilised Alpha Data acquired/ developed & divested Data Centre Keppel DC Centre Fund Asset REIT Target Size: US$500m First closing: US$130m Capital Seed capital Co-Investors Keppel Group 15

Solutions for the Digital Economy 16