Slides
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CTF Services Limited (659.HK) FY2026 Annual Results Presentation 1
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Section 1 CTFS at a Glance Section 2 Financial Update Section 3 Business Operations Update Section 4 Environment, Social & Governance (ESG)
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FY26 Results Highlights Financially strong; Progressing steadily; Focused on high-quality growth to enhance shareholder returns 01 NAVIGATE MARKET HEADWINDS Disciplined execution and financial resilience helped deliver a solid FY26 performance 02 SHARPEN THE PORTFOLIO Financial Services showed strong growth momentum and became the Group’s largest AOP contributor Capital recycled from mature infrastructure assets into the Financial Services and Logistics segments 03 BROADEN INVESTOR ACCESS Restored public float enabled re-inclusion in the Hang Seng Composite Index and renewed Stock Connect eligibility CASH FLOW Strong cash generation, lower leverage and ample liquidity reinforce balance-sheet resilience DIVIDEND POLICY Sustainable and progressive, with a consistent distribution record FINANCIAL DISCIPLINE SHAREHOLDER RETURNS 3
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Resilient Performance Despite Macroeconomic Uncertainty 32% 31% 14% 15% 2% 6% FY26 AOP by segment HK$’M Financial Services 1,475 Roads 1,443 Logistics 645 Construction 689 Facilities Management 88 Strategic Investments 251 FY26 AOP HK$4,591M +3% YoY AOP BY REGION HK 63% CHINESE MAINLAND 33% OTHERS 4% PROFIT ATTRIBUTABLE TO SHAREHOLDERS HK$2,393M +11% YoY Notes: 1. Attributable Operating Profit (AOP) is a non-HKFRS measure used by the Executive Committee of the Company to assess the performance of the operating segments. The overall AOP of the Group represents the profit available for appropriation before non-operating and unallocated corporate office items. It should not be considered in isolation from, or as a substitute for, the Group’s financial information prepared in accordance with HKFRS Accounting Standards. It may not be comparable to similar measures presented by other companies % of Group’s AOP 4
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Growth Platform Expansion Funded By Disciplined Capital Recycling MONETIZATION / DISPOSALS ACQUISITIONS Portfolio direction: DEC 2025 – JAN 2026 4 logistics properties Scale Greater Bay Area + Yangtze River Delta footprint SEP 2026 Jiaxing logistics property Deepens Yangtze River Delta cluster and operating synergies NOV 2025 13.05% uSMART stake Expands digital financial services JUL 2026 65% Blackhorn stake Enhances wealth management capabilities APR 2026 Finland BESS Enters battery energy storage system (BESS) through Unisun partnership OCT 2025 Shoucheng monetization HK$2,218M 0.75% exchangeable bonds due 2028 JUL 2026 Changliu Expressway releases ~RMB1.6Bn capital & ~RMB0.2Bn shareholder’s loan + deconsolidation of net debt ~RMB1.7Bn JUL 2025 – JUN 2026 Strategic Investments disposals aggregate proceeds of ~HK$1.3Bn FY26 FY27 5 70% AI data centre in Huailai (30MW)* Expands into digital infrastructure Scalable Financial Services & Logistics with higher growth potential and robust cashflow generationMature infrastructure *pending completion 40% AI data centre in Malaysia (planned >70MW)*
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6 Financial Services Roads 01 Grow the core CTF Life is expected to remain a sustainable and profitable growth engine 02 Expand reach across markets Broaden insurance and wealth solutions across Hong Kong, the Chinese Mainland and overseas customers through strategic distribution and product innovation 03 Enhance the wealth management platform Integrate with uSMART and Blackhorn, and leverage CTF Group ecosystem to capture rising affluent and high-net-worth demand and differentiate the Group from competitors 01 02 Protect cash flow Preserve cash flow through operational agility as structural and cyclical headwinds persist Recycle capital Selectively divest mature asset with less compelling risk-adjusted returns at attractive valuation Group Strategic Priorities & Outlook Grow core businesses. Strengthen platforms. Unlock value
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Logistics 01 Strengthen ATL Extend WALE and diversify the tenant base to strengthen recurring income as leasing demand improves 02 Expand Mainland logistics Pursue disciplined, selective acquisitions in key Chinese Mainland logistics hubs to unlock operating efficiencies and portfolio synergies 03 Capture rail freight growth Rail freight demand benefits from multimodal transport policies, Belt and Road corridors and regional trade integration 04 Build the AIDC platform Develop a high-quality digital infrastructure platform through disciplined investment to capture rising demand for AI computing power and data storage Construction 01 Pursue market opportunities Benefit from residential recovery and sustained public-sector, institutional and Northern Metropolis opportunities 02 Integrate capabilities Leverage construction, foundations, concrete supply and E&M capabilities to pursue quality projects 03 Differentiate through execution Lead with execution excellence, engineering expertise, innovation and ESG delivery 04 Sustain earnings and cash flow Maintain a resilient order book, stringent accounts receivable management and strong cash generation Group Strategic Priorities & Outlook Grow core businesses. Strengthen platforms. Unlock value 7
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Group Strategic Priorities & Outlook Grow core businesses. Strengthen platforms. Unlock value Facilities Management 01 Reinforce HKCEC Strengthen HKCEC’s role as a regional MICE hub by attracting international, recurring and emerging-sector events 02 Expand GHK/PMS Enhance services, increase utilization and develop wellness tourism to strengthen the healthcare platform and expand the clinic and laboratory network New Gastrointestinal, Hepatobiliary & Pancreatic Specialists Clinic in Central to commence operations in FY2027 to broaden outpatient network 03 Ramp up KTSP Unlock KTSP’s value as a sports, entertainment and mega-event platform by improving operational efficiency and venue utilization 8
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Section 1 CTFS at a Glance Section 2 Financial Update Section 3 Business Operations Update Section 4 Environment, Social & Governance (ESG)
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FY26 Financial Results Highlights Lower leverage and ample liquidity provide capacity to fund growth and strategic initiatives Notes: 1. Adjusted EBITDA is a non-HKFRS measure of the Group’s operating profitability and calculated as operating profit excluding depreciation and amortization and other non-operating/non-cash items, plus dividends received from associated companies and joint ventures, and other relevant adjustments. It should not be considered in isolation from, or as a substitute for, the Group’s financial information prepared in accordance with HKFRS Accounting Standards. It may not be comparable with similarly titled measures presented by other companies 2. HK$2,218M 0.75% Exchangeable Bonds due 2028 (“0.75% Exchangeable Bonds”) are being accounted for as financial liabilities at fair value through profit or loss and are excluded from both the net debt and net gearing ratio calculations. If the 0.75% Exchangeable Bonds were included as debt, the net gearing ratio would be 33% as at 30 Jun 2026 and 39% as at 31 Dec 2025 3. Annualized 4. Net debt divided by total equity HK$4,591M HK$2,393M Attributable Operating Profit Profit Attributable to Shareholders Adjusted EBITDA1 HK$7,395M ~ HK$20.8Bn Cash on Hand ~ HK$10.5Bn Undrawn committed banking facilities Total available liquidity ~ HK$31.3Bn AS AT 30 JUN 2026 ↑ 3% YoY ↑ 11% YoY ↑ 1% YoY BALANCE-SHEET SNAPSHOT 30.06.2026 31.12.2025 30.06.2025 Net debt / Adjusted EBITDA 1.6x2 1.9x2, 3 2.0x Net gearing ratio4 28%2 34%2 37% Net debt balance (HK$) 11.7Bn2 13.8Bn2 14.7Bn Total assets (HK$) 191.2Bn 182.2Bn 172.9Bn 10
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4.7% 4.1% 4.1% FY24 FY25 FY26 Proactive & Strategic Financial Management Healthy debt profile with increased net exposure to RMB assets RMB DEBT TO TOTAL DEBT RMB LIABILITIES TO RMB ASSETS AS A NATURAL HEDGE 65% 80% 62% 30 Jun 24 30 Jun 25 30 Jun 26 60% 62% 46% 30 Jun 24 30 Jun 25 30 Jun 26 * Debt maturing within one year decreased by 16% YoY, from approximately HK$9.4 billion as at 30 Jun 2025 to approximately HK$7.9 billion as at 30 Jun 2026 STABLE BORROWING COSTS 24% 25% 49% 2% Next 12-month 2nd year 3rd - 5th year after 5th yearTotal debt as at 30 Jun 2026 HK$32.4Bn SPREADOUT DEBT MATURITY PROFILE — 30 JUN 2026 11
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EXCHANGEABLE BONDS HK$2,218M | 0.75% | due 2028 • Exchangeable to ordinary shares of Shoucheng Holdings (0697.HK) • Issue price: 103% • Raise financing at attractive terms and unlocking value USD BONDS US$400M 6.375% senior notes due 2028 Issue price 99.265% • Tenor 4 years US$650M 4.25% senior notes due 2029 Issue price 99.718% • Tenor 10 years Remaining amount at 30 Jun 2026: US$243.6M BANKING FACILITIES ~HK$35.5Bn Total utilized and undrawn committed facilities HK$10.5Bn undrawn committed HK$25.0Bn utilized Diversified Funding Sources Robust credit ratings bring strong access to capital markets OFFSHORE ONSHORE CREDIT RATINGS PANDA BONDS RMB2.1Bn outstanding as at 30 Jun 2026 Coupon 3.55%–3.90% p.a. RMB1.5Bn first tranche redeemed at maturity in May 2026 Up to RMB5.0Bn approved under the 2026 Panda Bond Programme AAA STABLE OUTLOOK POSITIVE OUTLOOK A+ UPGRADED FROM STABLE TO 12 Onshore + Offshore
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11 17,734 14,543 10,138 4,541 15,107 14,651 11,655 0% 31% 25% 19% 8% 35% 37% 28%* 0% 5% 10% 15% 20% 25% 30% 35% 40% 0 4,000 8,000 12,000 16,000 20,000 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Net Debt Net Gearing Ratio Balance-sheet Resilience Preserves Flexibility HK$’M HKFRS 4 basis HKFRS 17 basis (Restated) *If 0.75% Exchangeable Bonds were included as debt, the net gearing ratio would be 33% as at 30 Jun 2026 Acquisition of CTF Life Insurance • Public perp redeemed • Special dividend paid to optimize the capital structure and boost ROE Strong cash flow generation and non-core disposals to bring down leverage despite a series of value-accretive acquisitions • Private perp redeemed partially • Special dividend paid to return capital to shareholders following the sale of non-core assets • Issuance of Exchangeable Bonds • Classification of Changliu Expressway’s net debt as held-for-sale • Conversion of convertible bonds 13
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1,447 2,084 2,162 2,393 FY23 FY24 FY25 FY26 3,444 4,167 4,466 4,591 FY23 FY24 FY25 FY26 Solid Financial Performance Sustainable financial growth safeguards robust earnings quality 5% 7% 8% 8% FY23 FY24 FY25 FY26 Note: Return on equity ATTRIBUTABLE OPERATING PROFIT HK$4,591M FY26 Growth through market volatility PROFIT ATTRIBUTABLE TO SHAREHOLDERS HK$2,393M FY26 Continued shareholder profit growth RETURN ON EQUITY 8% FY26 (Restated) (Restated) (Restated) HK$’M HK$’M profit for the year excludes non-operating items total equity 14 =
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0.29 0.29 0.29 0.30 0.30 0.30 0.30 0.28 0.29 0.29 0.30 0.31 0.31 0.35 0.35 0.33 1.79 0.30 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Interim Final Special 0.61 2.44 0.95 Committed to Sustainable and Progressive Dividend Policy since FY19 Proven track record of continuous returning cash to shareholders Notes: 1. In FY24-1H, the Group declared a special dividend of HK$1.79 per share to increase leverage from 8% following several asset disposals, optimize capital structure and efficiency, and demonstrate its appreciation to shareholders for their continued support and commitment to value creation 2. During FY25-1H, the Group recuperated c.HK$2.0Bn in cash from several transactions. This includes proceeds from the disposal of the Free Duty business and Hyva Group, as well as the insurance settlements received by Goshawk with the insurers related to the loss of six aircraft. In light of these favourable developments, the Board has declared a special dividend of HK$0.30 per share 3. On a comparable basis (after adjusting FY25 interim ordinary dividend / final ordinary dividend / total ordinary dividend to reflect the enlarged share capital base following the bonus issue in Dec 2025, where applicable) DPS (HK$) 0.58 0.590.58 0.61 • FY26 total ordinary dividend amount +6% YoY to HK$2.8Bn (FY25: HK$2.62Bn) 1-for-10 Bonus shares ✓ Enjoy a pro-rata increase in shares at no additional cost ✓ Enhance the share liquidity and appropriately recognize long term shareholder support 2 1 Enlarged share capital base following the 1-for-10 bonus issue in Dec 2025 0.61 15 +c.3% YoY3 +c.3% YoY3 +c.4% YoY3 On a comparable basis
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Section 1 CTFS at a Glance Section 2 Financial Update Section 3 Business Operations Update Section 4 Environment, Social & Governance (ESG)
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881 1,130 1,368 FY24 FY25 FY26 HK$M 1,242 1,475 FY25 FY26 PRIMARY DRIVER CTF Life’s higher CSM1 release SEGMENT AOP ↑ 19% Financial Services Strong AOP & growth momentum ROBUST CSM RELEASE HK$1,368M ↑ 21% YoY Notes: 1. Contractual Service Margin (CSM) 2. Annual Premium Equivalent (APE) = 10% single premium + 100% annualized first year premium 3. New business premium (NBP) = 100% single premium + 100% annualized first year premium 4. Value of new business (VONB) is the present value of distributable statutory earnings in the future (less the cost of holding solvency capital) from new insurance business sold in a period 1,003 (30%) 1,308 (37%) FY25 FY26 HK$M (x%): VONB margin 3,299 3,540 5,369 9,333 FY25 FY26 HK$M APE NBP VONB margin expansion reflecting favourable product mix and successful repricing STRONG VONB4 GROWTHROBUST NEW BUSINESS GROWTH APE2 HK$3,540M ↑ 7% YoY Higher portion of single premium products HK$1,308M ↑ 30% YoY NBP3 HK$9,333M ↑ 74% YoY HK$M Profitable new business growth and favourable investment performance 17 CTF Life
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8.2 9.2 11.3 30-Jun-24 30-Jun-25 30-Jun-26 21.2 25.3 28.4 30-Jun-24 30-Jun-25 30-Jun-26 HK$Bn 12% YoY Financial Services CTF Life – Structural strength in operating metrics 289% 279% 285% 30-Jun-24 30-Jun-25 30-Jun-26 Jun-26 vs Jun-25 6 ppt 100%Min. regulatory requirement ~HK$0.5Bn dividend remittance ~HK$0.6Bn dividend remittance HIGH AND STABLE HKRBC SOLVENCY RATIOEMBEDDED VALUE 16% CAGR Credit Rating Fitch Ratings A- Moody’s A3 Past HKIO basis HKRBC basis CSM BALANCE WITH 17% CAGR HK$11.3Bn ↑ 22% YoY Continued buildup of future earnings and visibility Driven by expected return on existing business, new business growth and favourable market performance HK$Bn 18 22% YoY
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3,008 1,935 2,2413,052 2,160 5,135 FY24 FY25 FY26 HK$M APE New Business Premium Financial Services CTF Life - Agency quality and overseas demand support broad-based growth APE ↑ 16% YoY NBP ↑ 138% YoY Agency Channel Agency Productivity by NBP1 +73% YoY MDRT +29% YoY (vs +17% YoY2 in HK market) • Focus on quality agency recruitment and structured training to enhance capability and performance • Built an effective agency force through strong growth in selective new recruits, following recent years of agency consolidation • Adopted a recruitment strategy that emphasizes diversified backgrounds to foster a more resilient and inclusive agency network 1.New business premium per month per average number of agents 2.Million Dollar Round Table as at 31 Dec 2025 (YoY % based on statistics published by MDRT as of July 2026) 3.Chinese Mainland visitor Channel Tied Agents 2,200+ Brokers 370+ 679 1,004 1,106 897 1,594 2,945 FY24 FY25 FY26 HK$M APE New Business Premium APE ↑ 10% YoY NBP ↑ 85% YoY ROBUST AGENCY NEW BUSINESS GROWTH STRONG PARTNERSHIP NEW BUSINESS GROWTH Partnership Channel – Overseas Business • Partnership channel benefited from strong overseas business momentum, with APE from overseas customers +40% YoY, driven by closer broker engagement and enhanced collaboration within the broader Chow Tai Fook Group ecosystem • Expanding overseas business to diversify reliance on CMV 3 business and create a new engine for growth • Broker relationships extend access to internationally mobile high-net-worth customers, while the newly established Bermuda operations provide a strategic platform for longer-term overseas business expansion 19
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Fast-growing investment portfolio AUM* HK$106.4Bn ↑17% YoY 30 Jun 2026 HK$77.7Bn 30 Jun 2024 HK$90.8Bn 30 Jun 2025 Strategy: To generate sustainable risk-adjusted returns over the long term while preserving capital strength and supporting the fulfilment of its obligations to policyholders Prudent asset allocation as at 30 Jun 2026 69% Bonds including bond funds 18% Listed equities including equity funds 7% Other assets & cash 6% Alternatives Geographical diversification as at 30 Jun 2026 45% Asia & Oceania 40% North America 12% Europe 3% Other regions Bond portfolio quality as at 30 Jun 2026 Majority of bond holdings are investment grade 65% A- & above 25% BBB+ to BBB- 10% BB+ or below / non-rated (with 8% invested in diversified bond funds) Financial Services CTF Life – Disciplined, diversified and defensive investment portfolio *Exclude Investment-Linked Assurance Scheme business Fixed-income portfolio1 brings strong recurring income, with investment yield of 4.59% in FY26 (FY25: 4.56%), while prudent asset-liability management kept the Hong Kong Risk Based Capital effective duration gap within a conservative range. Notes: 1. Investment income of fixed income investment portfolio - This includes interest income of the fixed income investments in CTF Life’s participating, non-participating and surplus portfolios, excluding the unit-linked assets. This excludes the total return assets, for example, listed equities and alternative funds which goal is to deliver long term capital gain on top of the investment income 20
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EVOLUTION OF HOUSEHOLD FINANCIAL NEEDS Rising affluence is driving households from traditional holdings toward diversified investments and integrated financial solutions. Cash traditional holding Real estate legacy allocation Market-based investments diversification Integrated financial solutions wealth, protection & retirement DEMAND CATALYSTS 01 02 03 04 Financial Services Evolving financial needs create a long runway for growth Protection & retirement Wealth accumulation Fintech solutions Legacy planning & preservation Ageing and longevity sustain long-term needs Rising affluence drives demand for diversified investments Customers increasingly seek accessible, personalized solutions Growing need to preserve and transfer wealth 21
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INSURANCE CORE CTF Life Recurring earnings + wealth solutions DIGITAL BROKERAGE uSMART 13.05% equity interest acquisition completed in Nov 2025 FY26 AOP contribution positive Revenue ~4x YoY ASSET MANAGEMENT Blackhorn 65% interest Acquired in Jul 2026 Immediate earnings contribution expected Affluent + high-net-worth focus INSURANCE • INVESTMENT • SECURITIES TRADING • FINANCIAL PLANNING • ASSET MANAGEMENT Financial Services New capabilities broaden customer reach and create cross-selling pathways • Broadens the Group’s customer proposition • Supports customer acquisition and cross-selling • Differentiates CTF Life by connecting insurance with broader wealth management and lifestyle-related services 22
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PORTFOLIO | AS AT 24 SEP 2026 12 Toll road projects ~815 km 01 TIANJIN 1 expressway 60.7 km • expiry 2040 02 ZHEJIANG 1 expressway 103.4 km • expiry 2029 03 HUBEI 2 expressways 137.4 km • expiry 2040–2050 04 HUNAN 1 expressway 24.1 km • expiry 2039 05 GUANGDONG 6 expressways 291.9 km • expiry 2030–2036 06 GUANGXI 1 expressway 198.0 km • expiry 2045 Roads Well-diversified toll road portfolio across strategic locations in the Chinese Mainland 1 23 4 5 6 23
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24 PORTFOLIO DURATION ~11 years Average remaining concession period as at 30 Jun 2026 PERFORMANCE DRIVERS 01 AOP broadly flat YoY • Favourable RMB exchange movements • Lower finance costs • Higher contribution from Tangjin Expressway (Tianjin North Section) following completion of expansion of a major connecting road Offset by • Uneven regional traffic recovery • No contribution from Shanxi Taiyuan-Gujiao Roadway (Gujiao Section) (disposed of in Apr 2025) 02 • Traffic disruptions arising from the ongoing expansion works on Beijing-Zhuhai Expressway (Guangzhou-Zhuhai Section) & Guangzhou- Zhaoqing Expressway • Traffic flow on Suiyuenan Expressway normalized from the relatively high base in FY25 Average daily traffic flow & toll revenue -1% YoY PORTFOLIO ACTIONS CAPITAL RECYCLING • Disposal of Hunan Changliu Expressway was completed in Jul 2026, strengthening balance sheet and facilitated the redeployment of capital Roads Stable performance amid ongoing external headwinds OUTLOOK • Optimize its portfolio by divesting selected mature assets with less attractive risk-adjusted returns SECTOR HEADWINDS Ongoing expansion of road networks, evolving traffic patterns, and rising operational and regulatory complexities HK$M 1,439 1,443 FY25 FY26 SEGMENT AOP Flat
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Notes: 1. The acquisition of a logistics property in Dongguan (0.27M sq f t) was completed in Dec 2025; the acquisition of three logistics properties in Shanghai, Ningbo and Changzhou (1.72M sq ft) was completed in Jan 2026; and the acquisition of a logistics property in Jiaxing (0.54M sq ft) was completed in Sep 2026. 2. The Group entered into an agreement to acquire 70% equity interest in an artificial intelligence data centre (AIDC) project (30M W) in Hebei Province, which is expected to be completed in the f ourth quarter of 2026. And the Group also has an investment in an AIDC project (over 50MW) in Jiangsu Province. Logistics Diversified logistics investments across Greater China 25 CUIRC | 30% INTEREST China United International Rail Containers Co. Ltd. - JV with China State Railway Group, PSA, CIMC & Deutsche Bahn - 13 large-scale rail container terminals in the Chinese Mainland - Rail intermodal and international transportation CHINESE MAINLAND 12 Chengdu, Wuhan, Dongguan, Shanghai, Ningbo, Changzhou and Jiaxing1 | 100% interest Suzhou | 90% interest 9.15M sq ft TOTAL GROSS LEASABLE AREA ATL LOGISTICS CENTRE | 56% INTEREST PORTFOLIO | AS AT 24 SEP 2026 LOGISTICS PROPERTIES Liaoning Jiangsu Chongqing Fujian TaiwanGuangdong HongKong JiangxiHunan Hubei Shanxi Beijing Tianjin Hebei Shandong Macau Hainan Xinjiang Yunnan Guangxi Dalian Qingdao Shaanxi Xi’an Zhengzhou Henan WuhanSichuan Qinzhou Urumqi Anhui Guizhou Kunming Tibet Qinghai Ningxia Inner Mongolia Jilin Zhejiang Gansu Guangzhou Ningbo Chengdu Dongguan Shanghai Changzhou Jiaxing - Strategic location: in the centre of HK - Full-building ramp access supports tenant operational efficiency TOTAL GROSS LEASABLE AREA 5.9M sq ft Huailai Henan Jiangsu Suzhou
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740 645 FY25 FY26 Logistics – Hong Kong ATL — occupancy recovery driven by leasing initiatives & improving market conditions 26 ↓ 13% 84.5% OCCUPANCY RATE 75.2% at 31 Dec 2025 ATL LOGISTICS CENTRE Reciprocal tariff volatility temporarily affected performance. Gradual recovery of HK’s economy, tourism & retail provided support to business activities RESILIENCE INITIATIVES REINFORCE ATL AS A LEADING LOGISTICS & DISTRIBUTION HUB IN HK 01 DIVERSIFY TENANTS Target resilient sectors such as e-commerce 02 FLEXIBLE LEASING ARRANGEMENTS Improve service quality 03 UPGRADE EXPERIENCE Enhance facility specifications 04 COLLABORATION WITH LEASING AGENCIES Intensify marketing and branding The Group will focus on maintaining healthy occupancy and extending the WALE HK$M SEGMENT AOP Excl. the deferred tax impact arising from the logistics properties in the Chinese Mainland, AOP ↓ 10% YoY PRIMARY DRIVER • CUIRC delivered stable growth • O ffset by declined profits from ATL in HK & logistics properties in the Chinese Mainland 80.7% at 30 Jun 2025 at 30 Jun 2026
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Notes: 1. Including the non-warehouse area of the logistics property in Shanghai Logistics – Chinese Mainland Logistics properties portfolio with desirable geographical positioning 27 PORTFOLIO PERFORMANCE 86.3% 7-PROPERTY OCCUPANCY Chengdu · Wuhan · Suzhou 87.5% as at 30 Jun 2025 86.2% 11-PROPERTY OCCUPANCY1 Chengdu · Wuhan · Suzhou & newly acquired warehouses - Dongguan · Shanghai · Ningbo · Changzhou PLATFORM EXPANSION DEC 2025 DONGGUAN JAN 2026 SHANGHAI · NINGBO · CHANGZHOU FORWARD SELECTIVE INVESTMENT • Benefit from growing city-distribution demand, ongoing e-commerce penetration and resilient manufacturing and export activity, selected markets have begun to stabilize • Enter the AI-related infrastructure sector through a disciplined investment approach to build a portfolio of high-quality digital infrastructure assets +11% YoY AOP from logistics properties in the Chinese Mainland, Excl. the deferred tax impact SEP 2026 JIAXING First Greater Bay Area logistics property acquisition These 2 acquisitions further advance the regional cluster strategy by enhancing operating efficiencies, tenant servicing capabilities, and portfolio synergies Modern logistics properties in economically vibrant regions, with attractive valuations, established tenant bases and strong cash flow visibility at 30 Jun 2026 at 30 Jun 2026
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Logistics - CUIRC Sustained growth momentum amid rising cross-border rail demand 28 +2% YoY AOP 7.56M THROUGHPUT +8% YoY MULTIMODAL DEMAND Growing demand and operating efficiency ANCILLARY LOGISTICS SERVICES Higher demand for supporting logistics services amid growth in terminal handling volumes POLICY SUPPORT Favourable national policies promoting multimodal transportation, reducing logistics costs and improving supply chain efficiencyNETWORK & CAPACITY 01 13 TERMINALS Strategic nationwide network along Belt and Road Initiative transportation corridors 02 WUHAN & QINGDAO TERMINALS Automation projects were completed in Jun 2026 . CUIRC offers stable earnings contribution and long-term growth potential, supported by rising rail freight demand, favourable policy tailwinds and its nationwide network of strategically located railway container terminals TEUs
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CTFS Construction Group - Four specialist entities span the construction value chain 01 FOUNDATIONS 02 BUILDING CONSTRUCTION 03 READY-MIXED CONCRETE 04 ELECTRICAL & MECHANICAL Founded 1929 Founded 1961 Founded 1985 Founded 1988 Foundation and specialist geotechnical works – participating from the early stages of major developments Technically complex, high-quality projects backed by deep project management, design and execution expertise Ready-mixed concrete support that strengthens delivery coordination and materials access Electrical and mechanical engineering services that complements core construction capabilities and supports coordinated project delivery Construction Delivering long-term value through proven construction expertise Tender competitiveness • Effective project delivery • Innovative technology Serving public-sector, institutional and private-sector clients across key stages of the value chain ONE INTEGRATED PLATFORM 29
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HK$M 719 689 FY25 FY26 ORDER BOOK SCALE Gross Contracts on hand ~ HK$63Bn ↑ 7% YoY Backlog ~ HK$35Bn healthy revenue visibility New contracts secured1 ~ HK$17Bn high quality order book BACKLOG MIX | AS AT 30 JUN 2026 61% 66% 39% 34% 30-Jun-25 30-Jun-26 Government & institutional Private sector (commercial & residential) PRIMARY DRIVER AOP decreased modestly affected by project margin pressure despite a stronger order book and improved project mix SEGMENT AOP ↓ 4% Construction Backlog position underpins earnings visibility Notes: 1. Major contracts awarded included design and build of a joint user complex and public open space at Cheung Sha Wan Road, Sham Shui Po, construction of a public housing development at Yip On Factory Estate, management contract for maintenance and completion works at Anderson Road Quarry Site R2-2, and main contract for Pak Shing Kok ventilation building pr operty development at Chiu Shun Road, Tseung Kwan O Town Lot No. 132 • Pivot towards HK government and institutional pr ojects to navigate challenges of two-year softness in the private developer project pi peline • Stringent accounts receivable management to br ing resilient cash flow 30
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Growth Outlook — Catalysts Ahead HK$128 Bn per annum Hong Kong capital works expenditure indicated through 2030–31 Supportive demand backdrop for established contractors GOVERNMENT & INSTITUTIONAL Sustained government and institutional projects underpin a resilient demand pipeline NORTHERN METROPOLIS Opportunity spans site formation, foundations, infrastructure and building works over the coming decade PRIVATE SECTOR Improving residential transactions could restore developer confidence and support stronger land-tender participation, broadening the private-sector project pipeline Construction Strong public-sector pipeline and improving private-sector activity provide a supportive demand environment for growth DIFFERENTIATED AGAINST PEERS Ongoing improvements in operational efficiency, resources allocation and technical competency 31
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Facilities Management GHK achieved solid operational and financial performance 32 Gleneagles Hospital Hong Kong (GHK) +15% YoY EBITDA +3% / +1% / +9% YoY INPATIENTS / OUTPATIENTS / DAY CASES 365 (as at 30 Jun 2026) REGULAR UTILIZED BEDS (30 Jun 2025: 337) 60% (as at 30 Jun 2026) AVERAGE OCCUPANCY (30 Jun 2025: 64%) • As at 30 Jun 2026, over 140 histotripsy procedures had been performed for local and overseas patients, reinforcing GHK’s leading position in innovative cancer treatment • The launch of Gleneagles PharmaHome, a digital pharmacy offering online purchasing and home delivery services, improved patient convenience and broadened access to healthcare services (CTFS 40% interest & IHH Healthcare 60% interest) 89 88 FY25 FY26 ↓ 1% HK$M SEGMENT AOP PARKWAY MEDICAL KEY UPDATES 01 OCT 2025 Gleneagles MediCentre in Admiralty commenced operations, offering ambulatory care services across a range of specialities 02 FY27 A new Gastrointestinal, Hepatobiliary and Pancreatic Specialists Clinic in Central is expected to commence operations ~4x YoY AOP (CTFS 40% interest & IHH Healthcare 60% interest)
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Facilities Management GHK & Parkway Medical provide an integrated healthcare network 33 CARE PLATFORM | HONG KONG 35+ HOSPITAL SPECIALTIES & SUBSPECIALTIES Gleneagles Hospital Hong Kong 7 CLINICS Central · Admiralty · Sai Wan · Wong Chuk Hang · Ap Lei Chau 1 LABORATORY Central HOSPITAL & RESEARCH 01 Gleneagles Hospital Hong Kong Multi-specialty private hospital 02 Gleneagles Clinical Trials Centre Clinical research with HKUMed 01 Gleneagles MediCentre Ambulatory services 02 Gleneagles Healthcare Wong Chuk Hang General & specialist, imaging, screening, vaccinations 03 Gleneagles Healthcare South Horizons General & specialist, screening, vaccinations SPECIALIST, DIAGNOSTIC & CLINICS Gleneagles Pro-HEART Cardiac Centre Cardiac-related consultation and diagnostics Gleneagles Primo Surgical Centre Head & neck, plastic & reconstructive surgeries, breast health-and ENT-related diseases Gleneagles Medical Clinic Central General & specialist, screening, vaccinations Parkway Laboratory Services Central Laboratory testing and pathology services 04 Gleneagles Healthcare Novum Place General, screening, vaccinations 05 06 07 08 ~10% OF GHK’S GROSS PROFIT Contributed by patient referrals and related healthcare services from existing clinic network in FY26
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Facilities Management Manage iconic HK venues to capture long-term growth in tourism and experience-led consumption 34 HONG KONG CONVENTION AND EXHIBITION CENTRE MANAGEMENT LIMITED | 100% INTEREST 786 EVENTS 7.7M ATTENDANCE • Declined profits amid higher depreciation and capital expenditure • Excl. the increased depreciation and capital expenditure impact, AOP +8% YoY KAI TAK SPORTS PARK LIMITED | 25% INTEREST Leveraging the HK Government’s support for the MICE industry, HKCEC is actively expanding into high- growth sectors, converting successful one-off events into recurring series, and broadening its geographical reach by attracting organizers from emerging markets SINCE ITS OFFICIAL OPENING IN MAR 2025 >20M PRECINCT VISITS ~150 MAJOR INTERNATIONAL & LOCAL EVENTS >250 DAYS OF SPORTING ACTIVITIES ~90% STADIUM & ARENA UTILIZATION ~87% KAI TAK MALL OCCUPANCY As at 30 Jun 2026 (~80% as at 30 Jun 2025) FY26 MAJOR INTERNATIONAL RECOGNITIONS 01 VENUE OF THE YEAR TheStadiumBusiness Awards 2026 02 WORLD’S GREATEST PLACES Included in TIME’s 2026 list 03 #3 GLOBAL | #1 ASIA Ticket sales in 2025 according to Pollstar • KTSP is well positioned to be nefit from the city’s m ega-event strategy through its strong event pipeline and retail-event synergies FY26
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Section 1 CTFS at a Glance Section 2 Financial Update Section 3 Business Operations Update Section 4 Environment, Social & Governance (ESG)
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Understanding FY2026 ESG STRATEGY Resilience Through Better Decisions and Action Establishing the insights needed to navigate emerging risks and opportunities Integration Action Embedding ESG considerations into decision- making and governance Mobilizing people, capital and innovation to drive measurable impact Key Initiatives • GHG Hotspot Analysis • Cl imate Scenario Analysis • TNFD Nature Risk & Opportunity Assessment • Scope 3 Data Enhancement Key Initiatives • ERM Integration • Dec arbonization Planning Tool • ESG Due Diligence for Investment • ESG KPIs and Workflow • Sustainability-Link ed Finance Framework • Imp[ACT] Fund • Decarbonization Programmes • Energy Efficiency Projects Key Initiatives Better visibility of emissions hotspots, climate and nature-related risks in our operations Embed ESG considerations into governance, investment and business decisions Mobilise capital, people and innovation to deliver measurable impact. 36
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Climate Scenario Analysis Summary Risk Financial Impact Labour productivity loss due to heat stress High by 2050 Business disruption from extreme weather Medium by 2050 Direct damage from flooding and typhoons Low Carbon pricing exposure Low Increased electricity demand Insignificant Main Nature Dependencies Main Nature Impacts • Water • Climate regulation • Flood protection • Site disturbance • Water Emissions • Soil Emissions Nature-related dependencies and impacts INTEGRATION ERM Integration Estimation Tool •Project Data •Project Categories •Construction Stages Scope 1,2 &3 + Water Decarbonization Planning Tool UNDERSTANDING FY2026 ESG STRATEGY ESG Due Diligence Guideline for Investment Risk Management Project Planning Decision Making Negative Screening (Decline proposed investment if on exclusion list) Develop a Mitigation Action Plan for all identified ESG hotspot Submission of the ESG Due Diligence Checklist Actively monitors the portfolio companies' progress on sustainability actions and targets Transparent reporting on the investment portfolio's ESG performance Pre-investmentPost-investment From Understanding to Integration 1 2 3 37
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FY2026 ESG REPORT BREAKTHROUGH 2050 Act with Integrity Advance with Agility Evolve Sustainably Grow as one • Being resilient and agile is ingrained in our culture. • St aying ready to turn challenges into opportunities to maintain our lead in the market. • Ensuring fairness and a high level of ethical standards in our work. • Supporting the growth of our business and helps nurt ure our long-term relationships. Create Shared Value • Building a more sustainable future for our next gener ation, communities, and businesses • Incorporating new practices and innovations into the way we work every day. • Empowering every team member is to excel at CT FS. We grow and share success as one. • Creating long-ter m value not only for our shareholders but also all stakeholders in the communities we serve. FY2026 Status Business Ethics and Anti- Corruption • 0 convicted cases on anti- corruption Sustainable Finance and Investment • 50% of bond and loan facilities from green financing by 2030 Climate Change • Reducing 50% Scope 1 and 2 GHG emi ssion by 2035 and reaching global net-zero emissions or at a sector level in eligible 1.5°C-aligned pathways by 2050 Talent Attraction and Retention • Rethink upskilling, embrace fl exibility and deliver on purpose-driven work to build trust Community Investment • Support 40 scalable and self- sus taining solutions from 2024 to 2030 Targets convicted cases of corruption 45% -17% 25 Projects supported (as at 30 June 2026) of bond and loan facilities from green financing (as at 30 June 2026) in GHG emissions of Scope 1 & 2 compared to FY2023 0 38
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OUR RATINGS PERFORMANCE The Hang Seng Corporate Sustainability Index Assessment • Overall score 86.0 • Achieved AAA rating for th e first time (last updated on 3 S eptember) 39
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ESG IN ACTION Sustainable Finance and Investment The transition to a net-zero economy requires significant mobilization of capital to support companies and projects in their decarbonization journey. HK$20.2bn Sustainability-Linked Loans & Green Debt Financing Focus Target (Against FY2023 baseline) Absolute Scope 1 and 2 GHG emissions reduction across all operating segments 16% reduction by FY2026; 60% reduction by FY2035 Coverage of primary Scope 3 (Category 15) data coverage of CTFS’s corporate office’s financed emissions Progressive annual increase; over 50% coverage by FY2031–2035 CTF Life portfolio coverage with SBTi-validated targets 29.7% by FY2026; over 50% by FY2031–2035 Sustainability-Linked Finance Framework 45% of CTFS's Total Debt Portfolio As of 30 June 2026 Invest Integrate to our investment lifecycle • ESG Due Diligence for Direct Investments • Responsible Investment Standard Invested alongside Unisun in a 30 MW / 65.2 MWh Battery Energy Storage System (BESS) in Finland, supporting grid reliability and renewable energy integration. CTFS - Strategic Investment • 12% reduction in CTF Life's investment portfolio carbon footprint from FY2023 to FY2026 • FY2026 assessment reaffirmed portfolio resilience, with estimated losses of approximately 3.39% under the most adverse NGFS scenario. CTF Life - Investment Portfolio Secured a “Good” SPO rating for the SF Framework Progress 40
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Data Quality Tier Description Emissions (tCO2e) Overall Sourcing Share (%) Primary Tier 1 Verified Suppliers and Investees emissions data and Suppliers and Investees emissions data (not externally verified) 614,525 26% Tier 2 Activity-based emissions estimates derived from actual operational data (e.g., building size, vehicle fleet, production output, or operational scale) and calculated using industry-average energy and emission factors 824,207 35% Secondary Tier 3 Emissions estimates based on industry- average data without entity-specific operational inputs and Spend-based estimates derived from expenditure data 895,159 38% Group Total Scope 3 2,333,891 100% Tier 1 26% Tier 2 35% Tier 3 39% Emissions Breakdown by Data Source (tCO2e) ESG IN ACTION Scope 3 Data Quality Enhancement and Management Progress the Group's Scope 3 emissions were calculated using higher-quality supplier-specific emissions data or physical activity-based data ≈ 61%* ≈ 61% Tier 1 & Tier 2 Data Maturity (%) ≈ 71% ≈ 52% ≈19% *Covers approximately 96% of CTFS Group's total Scope 3 emissions ≈ 34% the Group's Scope 3 emissions compared with FY25 Corporate Office 41
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ESG IN ACTION Project Highlights Construction - Enhancing Project-level Carbon Visibility Facilities Management - Energy Efficiency in Action Hip Hing is building a practical way to forecast construction emissions before a project is fully delivered. The tool enables Hip Hing to identify high-impact emission levers, prioritize initiatives by project type, test reduction scenarios and track implementation against the measured baseline, creating an evidence-led roadmap for future decarbonisation. 18 representative projects project categories 4 construction stages Phase I: Foundation & Site Preparation Phase II: Structural Construction Phase III: Interior Construction & System Phase IV: Finishing, Landscaping & Handover 5 • MIC • Non- MIC: Private Residential • Non- MIC Public Residential • Non- MIC Commercial • Foundation 1 estimation tool • Scope 1 • Scope 2 • Scope 3: Material • Scope 3: Waste • Water Create a practical carbon estimation tool that transforms historical project data into actionable insights for future project planning To advance its decarbonization goals, HML implemented over 27 Energy Management Opportunity (EMO) projects in FY2026 under its Decarbonisation Roadmap, driving Scope 2 emissions reductions through HVAC optimisation, lighting upgrades, and energy efficiency improvements. 740,000 kWh Estimated Annual Energy Savings 27+ EMO Projects Completed in FY2026 3% Reduction Scope 1 & 2 GHG Emissions (vs FY2025) Replacement of Exhibition Hall 42
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ESG IN ACTION Project Highlights Logistics - Accelerating Energy Transition Roads - Strengthening Climate Resilience To realize this opportunity, CTF Logistics incorporates sustainability considerations into its asset acquisition and management strategy. When evaluating potential investments, CTF Logistics assesses energy efficiency, green building features and opportunities for renewable energy generation, recognizing their potential to enhance both environmental performance and long-term asset value. 75% of electricity demand met by on-site solar PV (Across 4 logistics warehouses) 1,362,500 kWh Renewable electricity generated in FY26 Increasingly frequent extreme weather events, including heavy rainfall, flooding and landslides, can impact road safety, asset integrity and network reliability. Leveraging IoT-enabled monitoring, real-time analytics and digital technologies to anticipate, monitor and respond to climate-related risks. Initiative Climate Resilience Benefit Detects millimetre-level ground movement and provides real-time alerts to reduce landslide and slope failure risks. Continuously monitors bridge conditions, enabling early intervention and data-driven maintenance. Enhances incident detection and traffic management during severe weather and low-visibility conditions. Slope Monitoring System Bridge Structural Health Monitoring Intelligent Traffic Management System 2.0 43
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ESG IN ACTION ESG Capacity Building Under our collaborative ESG governance model, the Group provides strategic direction, resources and platforms for engagement, while business units take ownership of implementation within their respective operating contexts. Building the capabilities to translate ESG commitments into practical actions is therefore critical to achieving meaningful and lasting impact. Monthly Fireside Chat Align Engage Apply Activate Shared ESG Vision and Priorities Continuous learning and knowledge exchange Translate ESG concepts into action Drive measurable ESG Impact 300+ at Evolve Conference 2025 participants Evolve Conference Imp[ACT] Fund 2026 - Capacity Building 45 appointed as sustainability champions Imp[ACT] Leaders ESG Offsite 2026 Imp[ACT] Fund 2026 HK$1 million allocated through the Imp[ACT] Fund to three ESG projects 17 ESG training and engagement delivered during FY2026 sessions 1,238 engaged through ESG activities employees 44
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Appendices
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Corporate Structure Cohesive synergies among business units of the prominent shareholder Since mid-November 2023, CTFS is majority owned by Chow Tai Fook Enterprises Limited and in turn by the Cheng Family, one of the most prominent families in Hong Kong. The Cheng Family’s diversified investments are strategically interwoven to deliver a comprehensive and integrated service portfolio, effectively addressing a multitude of customer needs. Cheng Family 17.HK 1929.HK 825.HK 659.HK 100% 75% 45.24% 73.35%1 100% Investments globally in: • Education • Energy • Healthcare • Hospitality services • Media • Real estate Notes: 1. As at 24 Sep 2026, including the interest held by Chow Tai Fook Enterprises Limited and its related entities 2. Source: Chow Tak Fook Jewellery Group Limited’s FY2026 annual report 73.39%2 46
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• Accounting Independence: Maintains separate financial reporting systems • Financing & Debt Independence: Secures funding based on its own creditworthiness and maintains a s egregated liability structure to avoid cross-default risk Financial Management • Transparency: Engages in minimal connected transactions, with full disclosure in annual reports • Fairness: Connected transactions are governed by robust internal corporate governance standards and the L isting Rules. They must be approved by independent non-executive directors and independentshareholders, with all related directors and shareholders required to abstain from voting. These transactions are conducted on an arm’s length basis, under fair terms and consideration, to prevent conflicts of interest and protect minority shareholders. Corporate Governance • Ownership Structure: No longer the subsidiary of New World Development; directly owned by Chow Tai Fook Enterprises Limited, with no cross-shareholding Shareholding Structure CTFS: A Clear Path Forward Ownership, Governance, and Operational Framework 47
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3,732 1,920 116 105 74 37 116 (70) 77 1,288 7,395 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 FY26 Adjusted EBITDA Analysis HK$’M Operating profit FY26 Adjusted EBITDA Loss on FV of investment properties Share-based payment Dividends received from associated companies and JV & including those for reinvestment Adjusted EBITDA includes dividend from JVs/assocs is the operating cash flow proxy Depreciation & amortization Impairment loss on intangible concession rights Remeasurement loss on assets classified as held-for-sale Impairment loss related to an associated company Loss on partial disposal of interest in an associated company Fair value change of financial liabilities at FVPL 48
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FY26 Financial Summary 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 Notes: 1. Attributable Operating Profit/(Loss) is a non-H KFRS measure used by the Executive Committee of the Company to assess the performance of the operating segments as detailed in note 2 t o FY26 Results announcement. The overall AOP of the Group represents the profit available for appropriation before non-operating and unallocated corporate office items. It should not be c onsidered in isolation from, or as a substitute for, the Group’s financial information prepared in accordance with HKFRS Accounting Standards. It may not be comparable to similar measures presented by other companies. HK$’M Loss on fair value of investment properties, net of tax FY26 AOP 1 Profit attributable to shareholders increased by 11% YoY Share-based payment Corporate office’s expenses and others Share of non-operating income of an associated company and JVs, net Profit attributable to holders of perpetual capital securities Profit attributable to shareholders of the Company (269) 4,591 26 (77) (1,049) (179) 2,393 Remeasurement and impairments (236) Loss on disposal of a project (116) Gain on FV of exchangeable bonds 70 (368)Net finance costs 49
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FY26 Assets and liabilities by segment Financial Services 125,663 Roads 22,682 Logistics 14,383 Construction 10,202 Facilities Management 2,881 Strategic Investments 5,507 Corporate 9,840 Assets by segment (HK$M) Liabilities by segment (HK$M) Total assets 191,158 50 Financial Services 99,556 Roads 4,653 Logistics 696 Construction 8,734 Facilities Management 774 Strategic Investments 216 Corporate 34,437 Total liabilities 149,066
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Continual Strategic Portfolio Optimization to Create Long-Term Value Build a stronger foundation for scalable growth FY18 to FY24 FY25 to FY27-1H KEY ACQUISITIONS Businesses with stable, strong cash flow and growth potential Suiyuenan Expy Sui-yue Expy Changliu Expy Laogu Expy Guiwu Expy Chow Tai Fook Life Insurance Co Ltd 7 logistic properties in Chengdu, Wuhan & Suzhou Hsin Chong Aster Bldg Services Ltd uSmart Inlet Group Ltd Blackhorn Group Ltd A logistics property in Dongguan 3 logistics properties in Shanghai, Ningbo & Changzhou KEY DISPOSALS Non-controlling businesses with stronger cyclicality or weaker cash flow or uncertain outlook Hip Seng Group Wai Kee (partial) Urban Parking (BJ) Ltd TJ Orient Container Terminal TJ Five Continents Int’l Container Terminal Xiamen Container Terminal Group Shares of BJ Capital Int’l Airport Aircraft leasing business New World First Ferry NWS Transport SUEZ NWS + Derun Environment Chengdu Jintang Power Plant Zhujiang Power Station – Phase II Healthcare Assets Mgt Ltd Free Duty business Hyva Group ForVEI II S.r.l. A logistics property in Jiaxing AI data centre project in Hebei AI data centre project in Malaysia Battery Energy Storage System projects in Finland Changliu Expy 51
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Appendix CTF Life – Excellence in Insurance, Powered by Innovation Connecting wealth growth to global equity indices • Dual wealth protection • Linked to multiple top global indices • Enjoy uncapped crediting interest rate while being pr otected with minimum floor rates • Dual-ac count design enables risk diversification • Supple allocation at your desire • Succession solutions to protect the next generations • A range of flexible options available and Refund of Pr emium Charge FamCare 198 Critical Illness Insurance Plan Medical coverage with global access • High-e nd VHIS plan allowed for tax deduction • Total of 7 Benefit Levels • First-in-m arket reimbursement mechanism • Annual Benefit Limit of up to HKD 30M and L ifetime Benefit Limit of up to HKD 120M • Comprehensive inpatient/outpatient Chinese m edical benefits MyWealth Beyond Savings Insurance Plan ChampCare Medical Insurance Plan Shiny Treasure Indexed Universal Life Multi-stage illness protection for the whole family • Coverage from 18 weeks gestation for baby with e xtra coverage for expectant mum • Mental health & SEN outpatient benefits • Unlimited top-up c over for Cancer, Severe Heart Attack & Stroke • Covers 198 conditions incl. rare diseases • Extended coverage to family members without un derwriting Builds wealth with protection and legacy planning • 1/5/12-y ear premium terms. Currency switchi ng opt ion among 8 currencies • Flexible life-l ong withdrawal on policy value at patterns to cater different life stages • Reversionary & terminal bonuses: wealth ac cumulation • Wealth A ccumulation Switching Option: Flexible switching of Stable Assets • Policy split, unlimited insured changes, Policy Co ntinuation option: succession-ready Note: The product information on this page does not contain the full terms of the products. The full terms can be found in the policy document. 52
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Appendix Board of Directors Dr Cheng Kar Shun, Henry GBM, GBS Chairman Mr Cheng Chi Ming, Brian Group Co-Chief Executive Officer Mr Ho Gilbert Chi Hang Group Co-Chief Executive Officer Mr Lam Jim Group Chief Operating and Financial Officer Mr Cheng Chi Leong, Christopher Mr William Junior Guilherme Doo BBS, JP Mr Lam Wai Hon, Patrick Alternate director to Mr William Junior Guilherme Doo Mr Tsang On Yip, Patrick BBS Mr Shek Lai Him, Abraham GBS, JP Ms Ng Yuen Ting, Yolanda MH Mr Lee Yiu Kwong, Alan Mrs Oei Wai Chi Grace Fung Mr Wong Kwai Huen, Albert SBS, BBS, JP Prof Chan Ka Keung, Ceajer GBS, SBS, JP INED NED ED 53
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- 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sept 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sept 23 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sept 24 Oct 24 Nov 24 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sept 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sept 26 R R R R R Acquisition of 40% Guiwu Expressway Acquisition of logistics properties in Chengdu and Wuhan Share repurchase program Acquisition of 60% Suiyue Expressway R Voluntary General Offer (VGO)Completion of VGO Issuance of RMB2Bn 3.9% Panda Bond R R Acquisition of Hsin Chong Aster Issuance of US$400M 6.375% Senior Notes Due 2028 Disposal of Hyva Group Change of Company Name Issuance of HK$780M 4% CBs due 2025 Repurchase of HK$780M 4% CBs due 2025 and issuance of HK$850M 2.8% CBs due 2027 Issuance of HK$2.2Bn 0.75% Exchangeable Bonds due 2028 Acquisition of uSmart 5-year share performance of CTFS (2022 to 2026) R Results announcement Restoration of public float to above 25% (HK$) R Acquisition of 4 logistics properties (Greater Bay Area & Yangtze River Delta Acquisition of battery energy storage system (BESS) projects Acquisition of Blackhorn Disposal of Changliu Expy Acquisition of a logistics property in Jiaxing 54
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Disclaimer CTF Services Limited (“CTFS”) makes no representation or warranty of any kind, express, implied or statutory regarding the accuracy or completeness of the information contained. It is not the intention to provide, and you may not rely on this presentation as providing, all material information concerning CTFS or any of its affiliated companies. The information in this presentation is prepared solely for information purposes only. This presentation may contain forward-looking statements. Such forward-looking statements are based on a number of assumptions. The validity of such assumptions are affected by a number of factors, both identified and unknown, and includes factors beyond CTFS’ control, and such factors may cause material deviations between CTFS’ actual performance to that expressed or implied in such forward-looking statement. You are cautioned not to place reliance on these forward-looking statements, as these statements are subject to risks both identified and unknown, involve inherent uncertainties and speak only as of the date they are made, and the actual results may differ materially from those set forth in any forward-looking statements herein. CTFS or any of its affiliated company, any of their respective employee, agent, adviser or representative is under no obligation whatsoever to update or revise any forward-looking statements to reflect events or circumstances that arise subsequent to the release of this presentation. This presentation should not be treated or relied upon to form the basis of any investment decision. Neither does it constitute or form part of any advice to sell or an invitation to subscribe for, hold or purchase any securities or any other investments. Neither CTFS or its affiliated companies, nor any of their respective employees, agents, advisers or representatives shall have any responsibility nor liability whatsoever (in negligence or otherwise) for any damage or loss of any kind howsoever arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherwise arising in connection with this presentation.