To Grow Faster than

Southeast Asia, Sustainably

Jardine Cycle & Carriage

Full Year 2022 Results Presentation (1 March 2023)

Disclaimer: Jardine Cycle & Carriage accepts no liability whatsoever with respect to the use of this document or its contents.

Key highlights and updates

  • Record earnings of US$1.1 billion
  • Record earnings from Astra and Non-Astra businesses
  • 39% higher dividends in line with earnings
  • Steps taken to reduce parent company debt by c.US$600 million
  • Exciting potential for THACO & REE, JC&C's future champions
  • Progress made to embed ESG in JC&C businesses

3

Our approach to delivering sustainable growth

TO OUTPERFORM SOUTHEAST ASIA'S GROWTH RATES

Our objectives

  • Secure profit growth
  • Maintain focus on the dividend
  • Manage Balance Sheet priorities
  • Strengthen the quality of the portfolio
  • Embed ESG

Generate cash

Evolve the core

Accelerate

future champions

Our future champions

26.6%

  • Largest automotive group in Vietnam with
    23% market share
  • 50,000 hectares of agriculture land
  • Real estate project in Thu Thiem Urban Area,
    District 2

33.6%

  • Record profit of US$115 million in 2022
  • Interests in solar, hydro and wind power, approximately 770MW (equity-adjusted)
  • Full year contributions from 3 new wind farms

7

Embedding sustainability

10

Attachments

Disclaimer

Jardine Cycle & Carriage Ltd. published this content on 01 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2023 10:07:39 UTC.