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Page 1: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

C O R P O R A T EP R E S E N T A T I O N

May 2019

Page 2: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

This presentation may contain statements regarding the business of Silverlake Axis Ltd and its subsidiaries (the“Group”) that are of a forward looking nature and are therefore based on management’s assumptions aboutfuture developments. Such forward looking statements are typically identified by words such as ‘believe’,‘estimate’, ‘intend’, ‘may’, ‘expect’, and ‘project’ and similar expressions as they relate to the Group. Forwardlooking statements involve certain risks and uncertainties as they relate to future events. Actual results may varymaterially from those targeted, expected or projected due to various factors.Potential risks and uncertainties include such factors as general economic conditions, foreign exchangefluctuations, interest rate charges and regulatory developments. Such factors that may affect the Group’sfuture financial results are detailed in our listing prospectus / circulars, listed in this presentation, or in themanagement discussion and analysis section of the company’s result report and filing with the SGX. The readeris cautioned to not unduly rely on these forward-looking statements. We do not undertake any duty to publishany update or revision of any forward looking statements.The information contained in this presentation has not been independently verified. No representation orwarranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy,completeness or correctness of the information or opinions contained in this presentation. Neither Silverlake Axisor any of its affiliates, advisers or representatives shall have any liability whatsoever for any loss arising, whetherdirectly or indirectly, from any use or distribution of this presentation or its contents.This presentation is for information only and does not constitute an invitation or offer to acquire, purchase orsubscribe for shares in Silverlake Axis.

2

D I S C L A I M E R

Page 3: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

AGENDA

BANKING

INSURTECH AND RETAIL

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

3

Page 4: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

T H I S I S O U R

F O U N D A T I O N

O U RV I S I O NS E T S U S A PA R T

ASIA PACIFIC’S LARGEST

DIGITAL ECONOMY SOLUTIONS COMPANY

OUR TECHNOLOGIES

REFINED, EXPANDED & INNOVATED TO BECOME

COMPUTING PRINCIPLES GROUNDED ON

MATHEMATICAL MODELS

4

Page 5: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

O U RM I S S I O N

CUSTOMERS

I N V E S T O R S E M P L O Y E E S

P A R T N E R S

TO BE THELEADING FINTECH

COMPANYHIGHLY VALUED

BY CUSTOMERS & PARTNERS

To be a trusted partner with digitaleconomy propositions and committo be innovative and responsive

To sustain long-term growth withsuperior return of investment

“”

To work collaboratively togetherand deliver the best value of ourcustomers

”To create an innovative &entrepreneurial environment,enr iched wi th diversi ty &open communication

5

Page 6: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

30 YEARS OFMAKING

DIGITAL TRANSFORMATIONWORK

M A R K E TL E A D E R S H I P

6

100%

INDUSTRIES TRANSFORMEDBanking, Insurance, Retail, Government, Payment and Logistics Ecosystems

REGIONS COVEREDAsia Pacific, Europe, Latin AmericaMiddle East & Africa

CUSTOMER TRACK RECORD100% successful implementation of enterprise core software applications for over 380 customers

Page 7: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

P R O D U C TE V O L U T I O N

C O L L A B O R AT I O N S W I T H C U S T O M E R S & PA R T N E R S

N E W S O L U T I O N S T H R O U G H R & D

I N D U S T R Y D I G I TA L T R A N S F O R M AT I O N &

K N O W L E D G E S H A R I N G

N E W A C Q U I S I T I O N S & PA R T N E R S H I P S

Our comprehensive solution suite rapidly expands throughecosystem partnership and M&A, while continuously enriched aswe invest and work collaboratively with our customers and partners

OUR SOLUTIONSGROWTH DRIVERS7

Page 8: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

QR TechnologyNew Industry

(Retail)

Silverlake SolutionNew Product

(Maintenance & Enhancement)

2010Symmetric Payments

& IntegrationNew Product

(Enterprise payment & integration)

2011SAACIS* New Product

(SIBS)

2006Merimen Group

New Industry(Insurance)

2013

Cyber VillageNew Product

(E-commerce marketplace )

2009Silverlake Japan

New Geography & Product (Card & Credit Processing in Japan)

BUSINESSE V O L U T I O NT H R O U G H M & A

Since our listing in Singapore'sStock Exchange (2003), thegroup has evolved throughongoing Mergers & Acquisitions

*Refers to Silverlake Adaptive Applications & Continuous Improvement Services Ltd8

Finzsoft SolutionsNew Geography

(Australia, New Zealand)

2014Silverlake Symmetri

Retail BankingNew Geography

(Central Europe, EMEA, South Asia)

2015X InfotechNew Product

(Solutions for issuance and verification of digital identity documents and

smart cards)

2019Silverlake Digitale

New Product (Payment solutions)

Silverlake Digital EconomyNew Product

(Digital banking)

2018

Silverlake One ParadigmNew Product

(Rules-based applications & tools)

Page 9: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

PARTNERSHIPE C O S Y S T E M

Primary markets are Malaysia, Singapore and Indonesia with growing markets in Thailand,

Philippines, Vietnam & Hong Kong

Over 153 insurers, encompassing most major international insurers and many bank-affiliated

insurers, covering both conventional and takaful operators

Over 5,000 automobile workshops and repair centres

Over 25 major automobile brands

Over 2,000 insurance intermediaries

INSURANCE18 installations across the fastest growing

markets in Asia: China, Malaysia, Singapore, Vietnam, Cambodia & Indonesia

Over 38,000 Suppliers

More than 425 Retail Outlets

RETAILCore System Platform Partner of Choice for Top 3 of the 5 Largest ASEAN Financial Institutions

Geographical presence in South East Asia, Australia, China, Europe, Japan, Latin America,

Middle East, New Zealand and South Asia

Over 40% of the Top 20 Largest Banks in South-East Asia run on Silverlake Axis’ core

banking solutions

100% Successful Implementation Track Record and over 230 customers using the Group’s

software solutions and services

BANKING

Our core capabilities and ecosystem offeringscontinuously enable and connect our ecosystempartners to effectively run, grow & transform their business

9

Page 10: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

O F I N C O M E B A S EE X PA N S I O N

*Revenue in million RM

Our acquisitions not onlyadded depth and rangeto the Group’s portfolioof software solutions ands e r v i c e s , b u t a l s obroadened the Group’sincome base with newrevenue streams

10

F Y 2 0 0 5REVENUE

F Y 2 0 1 8REVENUE

F Y 2 0 0 8REVENUE

RM27.8

RM146.9

RM541.8

Page 11: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

O U RP E O P L E

STAFF CAPABILITYMore than 1,700 Competent Employees with Rich and In-depth Expertise from Diverse Backgrounds

KEY MANAGEMENT TEAMExperienced and Dynamic Management Team with Proven Track Record in Managing High Growth Companies

BOARD OF DIRECTORSForward-looking and Notable Board with Over 25 Years of Experience in Various Industries

Our founder, Mr. GohPeng Ooi continues todrive the vision with theBoard and Management

AN EXPERIENCED & HIGH PROFILE

LEADERSHIP BOARD

1,700EMPLOYEES

A LARGE & GROWING TALENT POOL WITH RICH TECHNICAL EXPERTISE

80% TECHNOLOGY

TEAM

>30 YEARSIN INFORMATIONT E C H N O L O G Y

>25 YEARSI N L E G A LP R A C T I C E S

>30 YEARSIN FINANCIALS E R V I C E S

CHAIRMAN OFM U L T I P L EF I N A N C I A LINSTITUTES &A D V I S O R YC O U N C I L S

>45 YEARSOF EXTENSIVES E N I O RMANAGEMENTE X P E R I E N C E

10

41

5 62

7 8 9

1. Goh Peng Ooi2. Dr. Kwong Yong Sin3. n/a4. Ong Kian Min5. Datuk Yvonne Chia

6. Professor Tan Sri Dato’ Dr. Lin See Yan7. Goh Shiou Ling8. Lim Kok Min9. Tan Sri. Dato’ Dr. Mohd Munir bin Abdul Majid10. Voon Seng Chuan (not in pic)11. See Chuang Thuan (not in pic)

Page 12: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

RECENTA C H I E V E M E N T SI N F Y 2 0 1 8 F O R T H E G R O U P

S A L S E C U R E SN E W C O R EB A N K I N GC O N T R A C T S

S T R E N G T H E NINSURANCEPRESENCE &E X P A N D ST R U E S I GH TA N A L Y T I C S

S T R E N G T H E NR E T A I L P R E S E N C E& A D V A N C ECLOUD RETAILO F F E R I N G

April 2018: 12-month implementation of Silverlake Axis Islamic Integrated Banking Solution

(SIIBS) for MBSB Bank

April 2018: 15-month project with a large banking institution in ASEAN includes SIBS and digital

solutions from 3 wholly-owned subsidiaries (CBV, Silverlake Digitale and Silverlake One Paradigm)

February 2018: In Hong Kong, Merimen secured new accounts with 2 large local and regional insurers

May 2018: New AI-based Analytic product, TrueSight CMF (Claims Management Filter)

launched & has acquired 2 new customers for this product, one each in Indonesia and Malaysia

May 2018: 2-year phased rollout for a HK established consumer credit provider’s digital

payment ecosystem by Digitale and One Paradigm

C Y B E R V I L L A G E W I N S2 0 1 8 I B M A S I APACIFIC GEOGRAPHYEXCELLENCE AWARD

S A L W I N H O N G K O N GD I G I T A LS O L U T I O N SI M P L E M E N T A T I O N S

May 2018: CBV’s winning solution enables new customer on-boarding with eKYC biometric facial

recognition technology using a “mobile first” approach

12

Oct 2017: QR provides Retail Automation Solution to AEON Hong Kong

Apr 2018: Metro Singapore selects QR Cloud Retail Automation Solution

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RECENTA C Q U I S I T I O NS I A X I N F O T E C H G R O U P

On 09 Nov 2018, the Group entered into a conditional sales and purchaseagreement to acquire 80% stake in SIA X Infotech Group (“XIT”) .

Consideration for 80% stake in XIT comprises an Initial Consideration of up toEUR17.6m and an Earn-Out Consideration which is conditional on the undertakingof IPO by XIT. The remaining 20% is to subject to conditional put and call options.

Rationale for AcquisitionTo enhance and expand SAL Group’s digital economy offerings to its customers’ecosystems, particularly in the areas of public and private enterprise digital identityand security solutions for customer identity economics, social and financialinclusion, security, and payments.

About XITHeadquartered in Latvia with a subsidiary in Kenya, XIT is a

software solutions provider for issuance and verification of

electronic identity and security documents and financial smart

cards

Market presence in over 45 countries including Europe, Asia,

Africa and Latin America

Customer base includes governments, banks and

financial institutions

Page 14: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

Banking & Finance Mobile ID/Token (PKI) eKYC and Customer Onboarding (Biometrics

and PKI) Card Personalisation/Issuance (add-on to

Silverlake cards and payment offering) National payment projects, eg. Kenya,

Rwanda and Zimbabwe.

Government National ID (including Mobile ID) Passport PKI Driving License Social Cards

Government projects Banking projects Government & Banking projects

M A R K E TL E A D E R S H I PI N D I G I T A L I D E N T I T Y

100+ projects in 45 countries

SIA X Infotech’s digital identity and security technologies are natural additions to the Group’s capabilities to accelerate digital enterprise transformation in areas such as customer onboarding, customer engagement, payments, anti-money laundering, fraud

prevention and cyber security ”

Page 15: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

AGENDA

BANKING

INSURTECH AND RETAIL

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

15

Page 16: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

16

M A R K E TL E A D E R S H I PI N B A N K I N G

EXCELLENT SOFTWARE CAPABILITY

Our core solutions handle ~300 million transactions daily* with 100%

successful execution

DIGITAL TRANSFORMATION ENABLEMENT

Banks achieve greater operational efficiencies, quicker time to roll out

new digital innovationsLONG-TERM

VALUE CREATIONOur earliest customers have

continued to grow with us over the past 30 years

OVER 40% of the Top 20 Largest Banks in South-east Asia Use Our Core Banking Solutions

Core System Platform Partner of Choice for 3 OF THE 5 SUPER REGIONAL

Financial InstitutionsC O R E S Y S T E M S A R EUSED AT GLOBAL SITES

*Estimation based on May 2018 peak transaction volume for financial and non-financial transactions

Page 17: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

SIBSMega Core

Proven, adaptive and comprehensive universal banking solution.

DSPMega

MÖBIUSCo-Core

OUR STRAIGHT THROUGH BANKING PLATFORMDelivering responsive digital customer experience with resilient, compliant and scalable core

Services fulfilment through a resilient and scalable core with minimal latency impact on customer experience.

A flexible & open representation of the core, with digital capabilities and STP service orchestration.

17

Page 18: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

BANKINGMARKET TRENDS

Source: IDC Financial Insights, 2018 20122011 2013 2014 2015 20172016 2018 2019 20202010

LEANER &TARGETED7.0

6.5

8.8

4.9 6.6 6.9

6.1 4.55.8 6.0

6.1

Annual CAGR

TECH SPENDING BY ASIAN

FINANCIAL INSTITUTIONS IS

RISING AGAIN

Innovation budgets are splitbetween both non-IT objectives & technology solutions

Priority target is on existing operations to holistically transform businesses

Banks are more experienced, investing into scalable technologies

18

Page 19: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

12 APR 2018 24 APR 2018

Secured a Core Banking Contract from MBSB for its New Merged

Banking Entity

Scheduled to be Implemented within 12 Months

Contribute Positively to the Results of SAL for Financial Year 2018 and the Following Years

Secured a New Core Banking System Contract with a Large

Banking Institution in ASEAN

Scheduled to be Implemented within 15 Months

Contribute Positively to the Results of SAL for Financial Year 2018 and the Following Years

Our pursuits since FY2017 has yield positive results, evidenced by successfully securing largenew core banking projects in FY2018 as banks focus on enhancing existing operations

“”

19

CORE BANKINGR E C E N T W I N S

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S M A R T B R A N C H W I T H O M N I - C H A N N E L

C A PA B I L I T I E SUsing our award-winning digital banking platform with omni-channel capabilities,

a Brunei-based Bank (Best Smart Branch) achieved operational excellence through

digitised processes (paperless & integrated) and enhanced its customer experience

through self-service digital channels

BANKING

S U C C E S S E SP L A T F O R MR E C E N T F I N T E C H

M O B I L E O N B O A R D I N G W I T H FA C I A L

B I O M E T R I C R E C O G N I T I O N

A Malaysian-based bank adopted our award-winning web & mobile technologies &

leverage on facial biometric authentication application for eKYC and successfully

performed mass onsite account opening and onboarding for foreign workers

D I G I TA L B A N K I N G T R A N S F O R M AT I O N A C C E L E R AT I O N W I T H C H A N N E L A P I SA Malaysian-based Super Regional bank transformed its customer’s digital banking experience to be centred on connectivity, simplification and personalisation. We reinvent their Channel API Services, enabling the Bank to accelerate launch of new and enhanced digital user experience offerings

D I G I TA L O M N I -C H A N N E L P L AT F O R M A UAE-based bank adopted our API architecture & now delivers financial services anytime, anywhere, and on any device for their customers

20

Page 21: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

In the 1st 6 months of FY2019, the Group has secured 8 contracts to deliver innovative and

transformative digital solutions to existing customers. The contracts are expected to contribute

positively to the results of FY2019 ”DIGITAL INNOVATIONSR E C E N T S U C C E S S E S“

Innovative payment solutions to enable growth in their digital business ecosystem

for the future

3 MAJOR FINANCIAL SERVICES GROUP

2 F INANCIAL SERVICES PROVIDERS

Channel innovations to enhance customers’ digital experience

3 ESTABLISHED F INANCIAL INSTITUTIONS

Services to support their digital banking and payments transformation initiatives

Page 22: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

Project Services

Cust

omer

Val

ue a

nd R

even

ue P

er C

usto

mer

Rel

atio

nshi

p

Time

Initial Software License

Additional Revenue from

Upgrade &

Expansion

License

Project Services

Maintenance & Enhancement

For each customer, customervalue continues to accumulateand increase over time as wepartner and support them in theirbusiness operations, expansionsand transformations journeys

22

Maintenance &

Enhancement

B A N K I N GB U S I N E S SM O D E L

Page 23: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

INSURTECH & RETAIL

BANKING

23

Page 24: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

Thailand (2015)

Philippines(2016)

Malaysia (HQ)(2000)

Singapore(2006)

Indonesia (2006)

Vietnam(2016)

Hong Kong(2017)

China(2018)

Taiwan (coming soon)

24

U S E D B Y ALL

I N S U R E R S

M A R K E TL E A D E R S H I PI N I N S U R A N C E

Insurers &Takaful Operators

153Repairers &

Motor Franchisers

5,000Major Automobile

Brands

25Loss Adjusters &

Law Firms

250Insurance

Intermediaries

2,000

INSURANCE ECOSYSTEM PARTNERS

REGIONAL PARTNERS

A S I A’ S TO P I N S U R A N C E S O F T W A R E - A S - A - S E R V I C E ( S A A S ) C O M PA N Y

FA C I L I TAT E I N S U R A N C E T R A N S A C T I O N S W O R T H 3 B I L L I O N U S $ Y E A R LY

M O R E T H A N 1 8 Y E A R S O F S E C T O R - S P E C I F I C E X P E R I E N C E S

Page 25: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

Workflow & notifications ! Document, Email system

within the ecosystem

Insured

Garage

Parts Supplier

Insurer

Lawyer

Surveyor

Industry Data Management

CallCenter

! !

!

!!

!

!

CLAIMS COST CONTROL

~130,000suspicious cases

identified, reducing invalid claims paid

INCREASE CUSTOMER SATISFACTION

78% reduction in processing time, so customers get their claims done faster

TRACK & IMPROVE PERFORMANCE

Enable average claims staff to handle 2.5x more claims

eClaimsMotor

Providing a common information exchange & collaborative platform across all parties in claims process

Source: Merimen Malaysia Own Damage cases from 2007-2017 25

BENEFITS ACHIEVED

MERIMENC A S E S T U D YF O R M O T O R C L A I M S

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A suite of insurance-domain specific andintegrated AI & analytics tools

Machine-assisted

Decisioning

PeerIndex

Telematics & Video

Analytics

RegionalDashboards

AndMany More

A.I. Fraud Detection

Illustration Of TrueSight’sAI-assisted Decisioning

CLAIM NO AI RECOMMENDS REASONS WHY

100 Accept claim(but pay 20% less)

Repair cost quoted is inflated higher than

average market rates

101 Reject claim 99% of similar claims are fraudulent

102 Investigate claim 80% of similar claims are invalid

26

MERIMENS O L U T I O N SF O R D A T A A N A L Y T I C S

Page 27: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

Ecosystem Transaction FeesInsurers' Transaction FeesEcosystem SubscriptionInsurers' Subscription

SUBS

CRIPT

ION

S T R O N G R E V E N U E T I E D T O G R O W T H

S T I C K Y I N C O M E I N A N E C O S Y S T E M

S T A B L E I N C O M E W I T H L O W C H U R N R A T E

Tota

l Rev

enue

PER T

RANS

ACTIO

N FEE

Insurer Ecosystem Partners*Insurer

Customer Base

BENEFITS OF SAAS MODEL &ECOSYSTEM PARTNERSHIP

Merimen capitalises on thestrong insurance ecosystemand SaaS model that bringsrecurr ing i ncome andgrowing revenue that is tiedto cus tomers ’ success

MERIMENB U S I N E S SM O D E L

*Ecosystem refers to agent, brokers, surveyors, lawyers, repairers, parts suppliers 27

Page 28: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

FERMIONI N S U R T E C HE C O S Y S T E M P L A T F O R M

28

Launched on 28 February 2019, Fermion is Silverlake Axis’ InsurtechEcosystem Platform and is the Amalgamation of Merimen’s Capabilities

and Cyber Village’s Strengths. Fermion acts as an ‘Orchestrator' to seamlessly connect Ecosystem Partners/Participants and offers

complementary services across the Insurance Value Chain

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29

M A R K E TL E A D E R S H I PI N R E T A I L T E C H

C O M P L E T E E N D - TO - E N D R E TA I L A U TO M AT I O N S O L U T I O N F O R

GLOBAL RETAILERS

Malaysia (HQ)

Singapore

Vietnam

China

Retail InstallationsAcross the Region

18Suppliers In The

Ecosystem

38,000Retail Outlets

Covered

425

QRRA RETAIL ECOSYSTEM

OVER 20 YEARS O F E X P E R I E N C E W I T H P R O V E N T R A C K R E C O R D I N R E TA I L E N T E R P R I S E S O L U T I O N S

Indonesia

Cambodia

Page 30: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

ON-PREMISE

SINGLE TENANCY CLOUD

MULTI TENANCY CLOUD

30

20142013 2015 20172016 2018

Source: IDC, Worldwide Enterprise Application Spend by SaaS and On-Prem, 2013-2018

100%

80%

60%

40%

20%

0%

2013-2018 CAGR

ON-PREMISE (2.8%)

CLOUD 17.6%

TOTAL SOFTWARE SPENDING

IS SHIFTING FROM

ON-PREMISE TO CLOUD

To enable our retail customers todrive their retail innovation, wehave ventured into cloud –baseddigital platform to providegreater control & flexibi l i ty

Q R R AM A R K E T T R E N DI N R E T A I L T E C H

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Q R R A ’ sR E C E N T W I N

04 JAN 2019

Secured a software and services contract with AEON Vietnam and

provide user licenses and data migration services

Contribute Positively to the Results of SAL for Financial Year 2019

AEON Vietnam, wholly owned by AEON Group Japan, commenced its operations in October 2011 using QRRA’s PROFIT

With its rapid expansion in Vietnam, AEON Vietnam has setup its local IT operations and engaged QRRA to

provide user licenses and data migration services to support its current and future

business growth

31

Page 32: CORPORATE - Silverlake Axis Presentation_Q3... · 2020-03-24 · SIA X INFOTECH GROUP. On 09 Nov 2018, the Group entered into a conditional sales and purchase agreement to acquire

AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

INSURTECH & RETAIL

BANKING

32

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F I N A N C I A LH I G H L I G H T S

(RM Million) Q3 FY2019 Q3 FY2018 % CHANGERevenue 154.1 137.5 +12Gross Profit 91.0 79.8 +14Other Income 20.5 3.7 +454Profit Before Tax 60.9 33.1 +84Income Tax (8.3) (3.4) +144Net Profit 52.6 29.8 +77

33

Q 3 F Y 2 0 1 9 R E S U LT S S U M M A R Y

(restated)

* Note: Restatement of comparatives due to acquisition of Silverlake Investment Ltd and its subsidiaries (“SIL Group”) completed on 18 April 2018

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F I N A N C I A LH I G H L I G H T S

(RM Million) 9M FY2019 9M FY2018 % CHANGERevenue 490.6 398.4 +23Gross Profit 304.1 223.6 +36Other Income 31.7 4.3 +643Profit Before Tax 209.0 112.3 +86Income Tax (30.8) (14.5) +113Net Profit 178.1 97.8 +82

34

9 M F Y 2 0 1 9 R E S U LT S S U M M A R Y

(restated)

* Note: Restatement of comparatives due to acquisition of Silverlake Investment Ltd and its subsidiaries (“SIL Group”) completed on 18 April 2018

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• Group revenue rose 12% to RM154.1m in Q3 FY2019• Revenue growth was broad-based across all major business activities• Project related revenue increased significantly by 44% to RM40.5m

• Other income rose due to reversal of RM18.2 million after obtaining VAT exemption for the disposal ofGIT shares in prior years

• With higher revenue and other income, net profit attributable to shareholders jumped 77% toRM52.6m

12%

Q3 FY2019 Group Revenue RM154.1m

F I N A N C I A LH I G H L I G H T S

35

77%

Q3 FY2019 Net Profit RM52.6m

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4.3 5.7 7.615.8 12.4

91.6

4.7 1.48.7

19.0 21.4

98.9

Sale of Softwareand HardwareProducts

Credit andCards Processing

Software-as-a-Service- Insurance

Software ProjectServices

Software Licensing Maintenance &Enhancement Services

Q3 FY2018 Q3 FY2019

Q 3 F Y 2 0 1 9R E V E N U EB Y B U S I N E S S A C T I V I T I E S

36

7% 75%14%

21% 73%

8%

Project related revenue increased significantly by44% from RM28.2m in Q3 FY2018 to RM40.5m inQ3 FY2019

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5.6 14.8 22.642.2

25.7

287.6

5.5 9.524.7

67.6 66.7

316.7

Sale of Softwareand HardwareProducts

Credit andCards Processing

Software-as-a-Service- Insurance

Software ProjectServices

Software Licensing Maintenance &Enhancement Services

9M FY2018 9M FY2019

9 M F Y 2 0 1 9R E V E N U EB Y B U S I N E S S A C T I V I T I E S

37

2% 36%9%

60% 159%

10%

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DIVIDEND FIRST INTERIM

SECOND INTERIM

THIRD INTERIM FINAL SPECIAL TOTAL

FY2015 0.80 1.10 1.10 1.201 - 4.20

FY2016 0.60 0.75 0.65 1.00 - 3.00

FY2017 0.50 0.70 0.70 0.30 2.302 4.50

FY2018 0.30 0.30 0.30 0.30 1.803 3.00

FY2019 0.30 0.40 0.404

1. Taking into account the dividend entitlement for bonus shares (1 for 5) issued on 8 July 2015, dividends were based on a larger share base from Q4 FY2015 onwards.2. Consists of an interim special dividend of 1.3 cents paid on 28 July 2017 and a final special dividend of 1.0 cents paid on 17 November 2017.3. Consists of first interim special dividend of 0.5 cent paid on 11 December 2017, second interim special dividend of 0.8 cents paid on 8 March 2018 and final special

dividend of 0.5 cent paid on 16 November 2018.4. Third interim dividend for FY2019 will be payable on 7 June 2019.

*Dividend in Singapore cents per share

D I V I D E N DF Y 2 0 1 9

38

Total cumulative dividends paid since FY2003 amounted to RM2.02 billion.

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(RM MILLION) 31MAR 2019 30 JUN 2018CURRENT ASSETS 883.2 754.1Trade And Other Receivables 165.1 138.7Financial Assets At Fair Value Through Other Comprehensive Income- Quoted Equity Shares2 209.3 189.8

Cash And Bank Balances 430.6 304.0NON-CURRENT ASSETS 326.0 253.2

TOTAL ASSETS 1,209.2 1,007.3

CURRENT LIABILITIES 240.1 208.7Trade And Other Payables 64.9 65.8Loans And Borrowings 9.2 25.4NON-CURRENT LIABILITIES 386.2 275.4Other Payables3 270.3 233.7TOTAL EQUITY 582.9 523.2

TOTAL LIABILITIES & EQUITY 1,209.2 1,007.339

S TAT E M E N T O FF I N A N C I A L P O S I T I O N

1. Restatement of comparatives due to acquisition of SIL Group completed on 18 April 20182. Investment in quoted equity shares of GIT, recognised at fair value determined by reference to published price quotations in active market3. Contingent consideration payable for the acquisition of SIL Group and XIT Group

(restated1)

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AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

INSURTECH & RETAIL

BANKING

KEY FINANCIALS

40

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I N V E S T O R F A C T S H E E TC O M P A N Y O V E R V I E W Q U A R T E R L Y F I N A N C I A L H I G H L I G H T S

I R C O N T A C T Silverlake Axis is a leading enterprise technology, software and services company in the high growth Asia Pacific Region. Over the last 30 years, the Group has evolved using mathematics to refine, expand and invent technologies, broadening into new industries like Banking, Insurance, Retail, Government, Payment and Logistics Ecosystems.

RM154.1m

RM52.6mLEE Teong Sang

Mobile: +65 9633 [email protected] Q U I C K F A C T S

Over 40% of the top 20 largest banks in South-East Asia use our core

banking solutions

100% successful implementation of

enterprise core software applications for over 380

customers

Strong financial position with net cash of RM348.5 mil as of 31

March 2019

Core system platform partner of choice for 3 of the 5 largest ASEAN super regional financial

institutions

S H A R E I N F O ( a s a t 3 M a y 2 0 1 9 )

Maintenance and Enhancement Services, 98.9

Software Project Services, 19.0

Software-as-a-Service - Insurance, 8.7

Credit and Cards Processing, 1.4

Software Licensing, 21.4

Sale of Software and Hardware Products, 4.7

0.0

50.0

100.0

150.0

Revenue by Business Activities (RM’m)RM ‘m

No. of shares 2.65 bMarket Cap S$1,388.7 mEarnings/share(31 Mar 2019) 6.72 (RM sen)

Dividend/share(Q3 FY2019) 0.4 (S$ cent)

$0.525 (5CP.SI)

Financial Year Ended 30 June(RM‘m)

2018 2017 (restated)

Revenue 541.8 549.9Gross Profit 304.9 307.5Net Profit 134.1 863.7Total Assets 1,007.3 1,497.9Total Liabilities 484.1 305.6Gross Profit Margin (%) 56% 56%Net Profit Margin (%) 25% 157%Return on Equity (%) 26% 72%

Q 3 F Y 2 0 1 9G R O U PR E V E N U E

Q 3 F Y 2 0 1 9G R O U PP R O F I T

Asia Pacific, Europe, Latin America, Middle East & Africa