C O R P O R A T E

P R E S E N TAT I O N

February 2020

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

AGENDA

BANKING

INSURTECH AND RETAIL

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

3

T H I S I S O U R

F O U N D A T I O N

O U R

V 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

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 THE

LEADING FINTECH

COMPANY

HIGHLY VALUED

BY CUSTOMERS &

PARTNERS

To be a trusted partner with digital

economy propositions and commit

to be innovative and responsive

“

”

To sustain long-term growth with

superior return of investment“

”

To work collaboratively together

and deliver the best value of our

customers

“

”

To create an innovative &

entrepreneurial environment,

enr iched wi th diversi ty &

open communication

“

”

5

30 YEARS OF

MAKING

DIGITAL TRANSFORMATION

WORK

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

6

100%

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

REGIONS COVEREDAsia Pacific, Europe, Middle East, Africa and Americas

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

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 through

ecosystem partnership and M&A, while continuously enriched as

we invest and work collaboratively with our customers and partners

“

”

OUR SOLUTIONSGROWTH DRIVERS7

QR TechnologyNew Industry

(Retail)

Silverlake SolutionNew Product

(Maintenance & Enhancement)

2010

Symmetric Payments

& IntegrationNew Product

(Enterprise payment & integration)

2011

SAACIS* New Product

(SIBS)

2006

Merimen GroupNew Industry

(Insurance)

2013

Cyber VillageNew Product

(E-commerce marketplace )

2009

Silverlake JapanNew 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's

Stock Exchange (2003), the

group has evolved through

ongoing Mergers & Acquisitions

“

”

*Refers to Silverlake Adaptive Applications & Continuous Improvement Services Ltd8

Finzsoft SolutionsNew Geography

(Australia, New Zealand)

2014

Silverlake Symmetri

Retail BankingNew Geography

(Central Europe, EMEA, South Asia)

2015

SIA X InfotechNew Product

(Solutions for issuance

and verification of digital

identity documents and

smart cards)

2019

Silverlake DigitaleNew Product

(Payment solutions)

Silverlake Digital EconomyNew Product

(Digital banking)

2018

Silverlake One ParadigmNew Product

(Rules-based applications & tools)

PARTNERSHIP

E C O S Y S T E M

Primary markets are Malaysia, Singapore and Indonesia with growing markets in Thailand, Philippines, Vietnam, Hong Kong, & Japan

Over 150 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

INSURANCE20 installations across the fastest growing

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

Over 40,000 Suppliers

More than 500 Retail Outlets

RETAILCore System Platform Partner of Choice for Top 3

of the 5 Largest ASEAN Financial Institutions

Geographical presence in Asia Pacific, Europe, Middle East, Africa and Americas

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 offerings

continuously enable and connect our ecosystem

partners to effectively run, grow & transform their business

“

”

9

O F I N C O M E B A S E

E X PA N S I O N

*Revenue in million RM

Our acquisitions not only

added depth and range

to the Group’s portfolio

of software solutions and

s e r v i c e s , b u t a l s o

broadened the Group’s

income base with new

revenue streams

“

”

10

F Y 2 0 0 5

REVENUE

F Y 2 0 1 9

REVENUE

F Y 2 0 0 8

REVENUE

RM27.8

RM146.9

RM680.8

O U RP E O P L E

STAFF CAPABILITYMore than 1,800 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. Goh

Peng Ooi continues to

drive the vision with the

Board and Management

“

”

AN EXPERIENCED &

HIGH PROFILE

LEADERSHIP BOARD

1,800EMPLOYEES

* LARGE & GROWING TALENT

POOL WITH RICH TECHNICAL

EXPERTISE -FROM

DEVELOPER, BUSINESS

ANALYST, PROJECT

MANAGEMENT, TECHNOLOGY

SALES TO SUPPORT OUR

CUSTOMERS

90% BUSINESS

OPERATIONS*>30 YEARS

IN INFORMATION

T E C H N O L O G Y

>25 YEARS

I N L E G A L

P R A C T I C E S

>30 YEARS

IN FINANCIAL

S E R V I C E S

CHAIRMAN OF

M U L T I P L E

F I N A N C I A L

INSTITUTES &

A D V I S O R Y

C O U N C I L S

>45 YEARS

OF EXTENSIVE

S E N I O R

MANAGEMENT

E X P E R I E N C E

11

41

5 6

2

7 8 9

1. Goh Peng Ooi2. Dr. Kwong Yong Sin3. Andrew Tan 4. Ong Kian Min5. Datuk Yvonne Chia

6. Professor Tan Sri Dato’ Dr. Lin See Yan (Resigned)7. Goh Shiou Ling8. Lim Kok Min9. Tan Sri. Dato’ Dr. Mohd Munir bin Abdul Majid10. See Chuang Thuan (not in pic)11. Yano Satoru (not in pic)

3

RECENT

A C H I E V E M E N T S

M E R I M E N G R O W S

I T S R E G I O N A L

I N S U R A N C E

P R E S E N C E &

E X P A N D I T S

TRUESIGHT SUITE

Q R R A W I N S

C O N T R A C T

W I T H A E O N

V I E T N A M &

E X P A N D I T S

C L O U D

CAPABILITIES

Jan 2019: In the 1st 6 months of FY2019, the Group has secured 8 contracts to

deliver innovative and transformative digital solutions to existing customers. S A L A C Q U I R E S

X I N F O T E C H

GROUP

May 2019: Merimen secured new customer account in

Japan for its flagship Merimen eClaims solution, thus

futher expanding its presence into a new market in Asia

12

Jan 2019: QRRA signed a software and

services contract with AEON Vietnam. To

provide application management services and

software maintenance support services to local

customers, QRRA also established QR Retail

Automation Vietnam Company Limited in

Nov 2018✓ Innovative payment solutions for 3 MAJOR FINANCIAL SERVICES GROUP

✓ Channel innovations for 2 FINANCIAL SERVICES PROVIDERS

✓ Services to support their digital banking and payments transformation

initiatives for 3 ESTABLISHED FINANCIAL INSTITUTIONS

Jun 2019: MSIG implements TrueSight Interactive

Video tool to brings convenience and speed to motor

claims process

Apr 2019: SAL completes acquisition of Xinfotech

Group to offer Digital Identity and Security

Technologies (see next slide for more details)

Sep 2018: QR Agoracloud Sdn Bhd

established to accelerate retail digital

innovation via cloud-based Software-as-a-

Service (SaaS) solution for retailers of all sizes.

S A L S E C U R E S SOFTWARE

UPGRADES & D I G I T A L

INNOVATION CONTRACTS

2H FY2019: Silverlake Symmetri secured 4 contracts to provide software upgrades,

implementation & maintenance services to its Core Banking and Card customers

✓ Core Banking Upgrade for AN ESTABLISHED PAKISTAN ISLAMIC BANK

✓ Extension of Core Banking Maintenance and implementation services for

A LEADING BANKING GROUPS IN CENTRAL EUROPECentral

Europe

✓ Upgrades of Silverlake Symmetri OmniCard Solution for a LARGE

BANK IN MALDIVES & A LEADING BANK IN PAKISTAN

Aug 2019: The Group secured 8 UPGRADES AND ENHANCEMENTS PROJECTS

TOTALLING APPROXIMATELY RM40 MILLION. These include a technology

refresh for Agrobank Malaysia and 3 Malaysian banks, 2 established financial

institutions in Singapore, a large bank in Indonesia and a bank in Thailand

RECENT

A 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 purchase

agreement to acquire 80% stake in SIA X Infotech Group (“XIT”) .

Consideration for 80% stake in XIT comprises an Initial Consideration of up to

EUR12.6m and an Earn-Out Consideration which is conditional on the undertaking

of IPO by XIT. The remaining 20% is to subject to conditional put and call options.

Rationale for Acquisition

To enhance and expand SAL Group’s digital economy offerings to its customers’

ecosystems, particularly in the areas of public and private enterprise digital identity

and security solutions for customer identity economics, social and financial

inclusion, security, and payments.

About XIT

Headquartered 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

13

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, Zimbabwe (white label from Russian company)

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 P

I 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 ”

“

14

AGENDA

BANKING

INSURTECH AND RETAIL

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

15

16

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

I 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 innovations

LONG-TERM VALUE CREATION

Our 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 Institutions

C O R E S Y S T E M S A R E

USED AT GLOBAL SITES

*Estimation based on May 2019 peak transaction volume for financial and non-financial transactions

SIBSMegaCore

DSPMega

MÖBIUSCo-Core

Digital Banking and Open Banking

functions, omni channel design with newly

digitized STP service orchestration.

Integrated Application Manager

enables Core and Co-Core address

multi-dimensional digital economy

complexities

Proven, adaptive and comprehensive

universal banking solution delivering

future proofed architecture through

Industry-leading speed, scalable, reliable

and secure Core Platform

CIFDEP

LoansiPz

Retail Pymt

T$NInstitute

Pymt

NowSuite

STRAIGHT THROUGH BANKING (STB) PLATFORM

Delivering responsive digital customer experience with resilient, compliant and scalable

end to end banking platform

17

• Personalized Customer Experience• New Customer Propositions• Speed to Market Change• Product / Pricing Innovation

1

2

3

4

5

6

7

8

Universal Banking SolutionIslamic & Conventional, Mass & Corporate

Optimum PerformanceCore Banking 6000 TPS benchmark, Digital Banking Scalable by Cloud

Better Customer PropositionsPersonalized UIs, responsive service access, STP fulfilment with better TATs

Open Banking Private and Open APIs for new bank eco-systems and regulation

Cash Management EnabledTotal cash and liquidity management

Access ManagementRoles-based access, single sign-on, multiple authentication methods

Configurable Customer Experience, Dashboards, Rules, Work-flows and Reporting

Advanced Product DeliveryProduct Factory, Bundling, Campaign, Pricing, for Speed to Market

• Cost Optimized Operating Models• New Bank Eco-Systems• High Availability and Thruput• Global Business Expansion

O u r D e l i v e r e d Va l u e To B a n k :

18

S T B

VA L U E P R O P O S I T I O N

BANKINGMARKET TRENDS

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

19Source: IDC Financial Insights, 2019 20132012 2014 2015 2016 20182017 2019 2020 20212011

7.0

6.5

8.8

6.66.9

6.1 4.5

5.8 6.06.1

Annual

CAGR

TECH SPENDING

BY ASIAN

FINANCIAL

INSTITUTIONS IS

RISING AGAIN

6.5

LEANER &

TARGETED

20

B A N K I N G &

R E C E N T W I N S

8 Software

Upgrades and

Enhancements

Projects TOTALLING

APPROXIMATELY

RM40 MILLION

Q1 FY20

These include a technology refresh for Agrobank

Malaysia and 3 Malaysian banks, 2 established financial institutions in Singapore, a large bank in Indonesia and

a bank in Thailand

In Q1 of FY2020 & 2H of FY2019, the Group secured 6

new contracts to prov ide sof tware upgrades,

implementation and maintenance services to customers.

These contracts are expected to contribute positively to

Group’s results in the current and following financial years

“

”FINANCIAL SERVICES

2H FY19

Core Banking Upgrade

for AN ESTABLISHED

PAKISTAN ISLAMIC

BANK

OmniCard Upgrades

for A LARGE BANK

IN MALDIVES

Core Banking Maintenance

& Implementation Services

for A LEADING CENTRAL

EUROPEAN BANKING

GROUP

OmniCard Upgrades

for A LEADING BANK

IN PAKISTAN

Silverlake Symmetri Secures Four Software

Upgrade Contracts.

Project Services

Cu

sto

me

r V

alu

e a

nd

Re

ve

nu

e P

er

Cu

sto

me

r R

ela

tio

nsh

ip

Time

Initial Software License

Additional Revenue from

Upgrade &

Expansion

License

Project Services

Maintenance & Enhancement

For each customer, customer

value continues to accumulate

and increase over time as we

partner and support them in their

business operations, expansions

and transformations journeys

“

”

21

Maintenance &

Enhancement

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

AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

INSURTECH & RETAIL

BANKING

22

Thailand (2015)

Philippines(2016)

Malaysia (HQ)(2000)

Singapore(2006)

Indonesia (2006)

Vietnam(2016)

Hong Kong(2017)

China(2018)

23

U S E D B Y

ALLI N S U R E R S

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

I N I N S U R A N C E

Insurers &Takaful Operators

150Repairers &

Motor Franchisers

5,000Major Automobile

Brands

25Loss Adjusters &

Law Firms

250Insurance

Intermediaries

2,000

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 9 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

Japan(2019)

INSURANCE ECOSYSTEM PARTNERS

▪ Workflow & notifications !▪ Document, Email system

within the ecosystem

Insured

Garage

Parts Supplier

Insurer

Lawyer

Surveyor

Industry Data Management

CallCenter

!!

!

!

!

!

!

CLAIMS COST CONTROL

15% of claims

assessed are suspicious or invalid, reducing 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 processing

Source: Merimen Customer Data24

BENEFITS ACHIEVED

MERIMENC A S E S T U D Y

F O R M O T O R C L A I M S

A suite of insurance-domain specific and

integrated AI & analytics tools

Machine-assisted

Decisioning

PeerIndex

Telematics & Video

Analytics

RegionalDashboards

AndMany More

…

A.I. Fraud Detection

Illustration Of TrueSight’s

AI-assisted Decisioning

CLAIM

NOAI 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

25

MERIMENS O L U T I O N S

F O R D A T A A N A L Y T I C S

Ecosystem Transaction Fees

Insurers' Transaction Fees

Ecosystem Subscription

Insurers' Subscription

SUB

SCR

IPTI

ON

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

To

tal

Re

ve

nu

e

PER

TR

AN

SAC

TIO

N F

EE

InsurerEcosystem Partners*

Insurer

Customer Base

BENEFITS OF SAAS MODEL &

ECOSYSTEM PARTNERSHIP

Merimen capitalises on the

strong insurance ecosystem

and SaaS model that brings

recurr ing i ncome an d

growing revenue that is tied

to 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 26

FERMION

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

27

Launched on 28 February 2019, Fermion is Silverlake Axis’ Insurtech

Ecosystem 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

“

”

Bancassurance

AI Decisioning /Data intelligence

Financial advisory &services

Multi vendor collaboration

Channels & Distribution

IoT / Cloud platform

Telecommunications / connectivity

Customer onboarding

Hospitals & Healthcare institutions

Insurance Intermediaries, workshops and repair centres & automobile brands

150Banks &

Financial institutions

Insurance, takaful operators & associations

7000+90+

9

ASEAN 1st InsurtechEcosystem Platform

Countries Footprint8

28

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

I 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

20Suppliers Using

the System

40,000Retail Outlets

Covered

500

QRRA RETAIL ECOSYSTEM

OVER 27 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

Hong Kong

29Source: IDC Worldwide Semiannual Industry Cloud Tracker, 2018 H1 (December 14, 2018)

CLOUD, AS

THE

CATALYST OF

GROW &

INNOVATION

IN RETAIL

Q R R AM A R K E T T R E N D

I N R E T A I L T E C H

Worldwide Industry Cloud Spending in 2018 and Growth for 2019(US$ Billion)

* Note: All figures are forecast estimates.

To enable our retail customers to

drive their retail innovation, we have

ventured into cloud–based digital

platform, QR Agora Cloud, to

provide greater control & flexibility

“

”

Q R R A’ s

R 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 partnered QRRA to support its current and future business

growth

“

”

30

AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

INSURTECH & RETAIL

BANKING

31

F I N A N C I A L

H I G H L I G H T S

(RM million) Q2 FY2020 Q2 FY2019 % CHANGE

Revenue 190.7 169.0 +13

Gross Profit 116.2 108.1 +8

Other Income 6.5 12.7 -49

EBITDA 92.3 91.8 +1

Profit Before Tax 76.0 80.6 -6

Net Profit 52.8 67.5 -22

32

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

F I N A N C I A L

H I G H L I G H T S

(RM million) 1H FY2020 1H FY2019 % CHANGE

Revenue 355.5 336.2 +6

Gross Profit 221.6 213.0 +4

Other Income 7.6 12.4 -39

EBITDA 164.9 170.6 -3

Profit Before Tax 132.8 148.0 -10

Net Profit 100.0 125.5 -20

33

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

• Group revenue rose 13% to RM190.7m in Q2 FY2020, with growth from recurring revenue segments

and sale of software and hardware products• Revenue from maintenance & enhancement services rose 4% on new contracts

• Software-as-a-Service for insurance processing revenue grew 24% on new pricing structure as well as new

products and services in selected markets

• Sale of software and hardware products rose significantly to RM18.7m on new contracts from banks

• Gross profit margin eased to 61% due to a change in the revenue mix

• Other Income fell without one-off gain, selling and distribution costs, administrative expenses and

finance costs were higher

• Group EBITDA maintained at RM92.3m

• Group effective tax rate higher due to higher taxable income of certain subsidiaries, expiry of pioneer

status of a Malaysian subsidiary during Q1 FY2020 and higher withholding tax on overseas revenue

• Net profit attributable to shareholders declined 22% to RM52.8m in Q2 FY2020

F I N A N C I A L

H I G H L I G H T S

34

0.6 2.78.0

0.0

19.0 19.7

118.9

18.7

1.510.0

0.1

13.623.1

123.7

Sale ofSoftware

andHardwareProducts

Creditand

CardsProcessing

Software-as-a-

Service- Insuranceprocessing

Software-as-a-

Service- Retail

SoftwareProject

Services

SoftwareLicensing

Maintenance&

EnhancementServices

Q2 FY2019 Q2 FY2020

Q 2 F Y 2 0 2 0

R E V E N U E

B Y B U S I N E S S A C T I V I T I E S

35

+ 2,802%-43% + 24%

-28%+ 17%

+4%

Recurring revenue from maintenance &

enhancement services and Software-as-a-Service

for insurance processing recorded good growth in

Q2 FY2020

+ 100%

0.8 8.0 16.00

48.5 45.2

217.6

20.43.1

19.70.2

33.142.6

236.5

Sale ofSoftware

andHardwareProducts

Creditand

CardsProcessing

Software-as-a-

Service- Insuranceprocessing

Software-as-a-

Service- Retail

SoftwareProject

Services

SoftwareLicensing

Maintenance&

EnhancementServices

1H FY2019 1H FY2020

1 H F Y 2 0 2 0

R E V E N U E

B Y B U S I N E S S A C T I V I T I E S

36

+ 2,356%-62% + 23%

-32%-6%

+9%

Recurring revenue from maintenance &

enhancement services and Software-as-a-Service

for insurance processing recorded good growth in

1H FY2020

+ 100%

DIVIDEND`FIRST

INTERIM

SECOND

INTERIM

THIRD

INTERIMFINAL 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 0.40 0.70 - 1.80

FY2020 0.30 0.304

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 Q4FY2015 onwards.

2. Consists of interim special dividend of 1.3 cents paid on 28 July 2017 and 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. Second interim dividend will be payable on 6 March 2020.

*Dividend in Singapore cents per share

D I V I D E N D

F Y 2 0 2 0

37

Total cumulative dividends paid since FY2003 amounted to RM2.10 billion.

(RM MILLION) 31 DEC 2019 30 JUN 2019

CURRENT ASSETS 898.2 841.9

Trade And Other Receivables 167.7 134.3

Financial Assets At Fair Value Through Other Comprehensive Income- Quoted Equity Shares1 228.1 172.1

Cash And Bank Balances 446.3 442.0

NON-CURRENT ASSETS 375.6 340.4

TOTAL ASSETS 1,273.8 1,182.3

CURRENT LIABILITIES 439.8 222.3

Trade And Other Payables 319.8 70.7

Loans And Borrowings 9.3 11.3

NON-CURRENT LIABILITIES 194.5 367.7

Other Payables2 - 248.5

TOTAL EQUITY 639.5 592.3

TOTAL LIABILITIES & EQUITY 1,273.8 1,182.3

38

S TAT E M E N T O F

F I N A N C I A L P O S I T I O N

1. Investment in quoted equity shares of GIT & Finzsoft, recognised at fair value determined by reference to published price quotations in active market2. Contingent consideration payable for the acquisition of SIL Group transferred to Current Liabilities

AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

INSURTECH & RETAIL

BANKING

KEY FINANCIALS

39

I N V E S T O R F A C T S H E E T

C O M P A N Y O V E R V I E W Q U A R T E R LY 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.

RM

190.7m

RM

52.8mLee Teong Sang

Anil Singh Gill

investor.relations@silverlakeaxis.com

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 RM311.9 mil as of 31

December 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 7 F e b 2 0 2 0 )

No. of shares 2.65 b

Market Cap S$989 m

Earnings/share(31 Dec 2019)

3.78 (RM sen)

Dividend/share(Q2 FY2020)

0.30 (S$ cent)

$0.375 (5CP.SI)

Financial Year Ended 30 June(RM‘m)

2019 2018

Revenue 680.8 541.8

Gross Profit 426.1 304.9

Net Profit 245.6 134.1

Total Assets 1,182.3 1,007.3

Total Liabilities 590.0 484.1

Gross Profit Margin (%) 63% 56%

Net Profit Margin (%) 36% 25%

Return on Equity (%) 41% 26%

Q 2 F Y 2 0 2 0

G R O U P

R E V E N U E

Q 2 F Y 2 0 2 0

G R O U P

P R O F I T

Asia Pacific, Europe, Middle East, Africa and Americas

Maintenance and Enhancement Services, 123.7

Software Licensing, 23.1

Sale of Software and Hardware Products, 18.7

Software Project Services, 13.6

Software-as-a-Service - Insurance Processing, 10.0

Credit and Cards Processing, 1.5

Software-as-a-Service - Retail, 0.1

0.0

50.0

100.0

150.0

200.0Revenue by Business Activities (RM’m)RM ‘m