Disclaimer: The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements. Such statements are merely estimates and targets, based on circumstances and reasonable assumptions which apply only at the date of such statements. Accordingly, no reliance should be placed on any forward-looking statements, express or implied, contained in this presentation.

PRESS AND ANALYST BRIEFING

Unaudited FY2013 Results6 March 2014

1

Agenda

Group Financial HighlightsReview of Major OperationsKey Achievements in 20135-Year Financial PerformanceCapital CommitmentsDividend RecordShare Price PerformanceProspects for 2014

2

Group Financial

Highlights

3

PPB GroupOperations

Flour & Feed Milling, &

Grains Trading

Marketing, Distribution & Manufacturing of Consumer

Products

Film Exhibition & Distribution

Environmental Engineering,

Waste Management

& Utilities

Property Investment & Development

Chemicals, Livestock,

Investments & Others

Operations

Financial Results FOR THE YEAR ENDED 31 DEC 2013

4

(Figures in RM) 2013 2012 CHANGERevenue 3.313 bil 3.018 bil 10%Operating Expenses 3.145 bil 2.881 bil 9%Share of Wilmar’s Profit 0.763 bil 0.694 bil 10%PBT 1.079 bil 0.917 bil 18%Profit for the Year 1.003 bil 0.868 bil 15%EPS 83.86 sen 71.04 sen 18%

Financial Results FOR THE YEAR ENDED 31 DEC 2013

5

2013 2012

EPS 83.86 sen 71.04 sen

ROE Attributable to Owners of the Parent 6.3% 5.9%

Net Assets Per Share Attributable to Owners of the Parent RM13.21 RM12.04

Financial Ratios FOR THE YEAR ENDED 31 DEC 2013Financial Ratios FOR THE YEAR ENDED 31 DEC 2013

6

* Chemicals Trading & Manufacturing [3%], Livestock Farming [3%], Investment Income [1%], Bakery [3%], Frozen Food [1%] & Others [3%]

Flour & Feed Milling, & Grains Trading 59%

12%

Environmental Engineering, Waste Management & Utilities

3%

Film Exhibition & Distribution10%

Property Investment & Development2%

14%

TOTAL REVENUE RM3.313 bil

Segmental Information FOR THE YEAR ENDED 31 DEC 2013

Marketing, Distribution & Manufacturing of Consumer Products

Chemicals, Livestock, Investments & Others*

7

* Chemicals Trading & Manufacturing [1%], Livestock Farming [-3%], Investment Income [13%] & Bakery [3%]

TOTAL SEGMENT PROFITS RM294 mil

Flour & Feed Milling, & Grains Trading 42%

Marketing, Distribution & Manufacturingof Consumer Products

8%

Film Exhibition & Distribution17%

Environmental Engineering, Waste Management & Utilities

2%

Property Investment & Development17%

14% Chemicals, Livestock, Investments & Others*

Segmental Information FOR THE YEAR ENDED 31 DEC 2013

8

ReviewOf

MajorOperations

9

Review of Major Operations

FLOUR & FEED MILLING, & GRAINS TRADING

The increase in revenue for2013 was due to higher sales volume and improved selling prices of flour and feed.

Segment profit up marginally. Better performance in grains trading mitigated the lower margins due to higher raw material cost & unfavorable foreign currency exchange movements.

0

300

600

900

1,200

1,500

1,800

2,100

1,848

122

2,052

124

RM Million FY 2012FY 2013

Revenue Segment Profit

11%

2%

10

Review of Major Operations

MARKETING, DISTRIBUTION & MANUFACTURING OF CONSUMER PRODUCTS

Revenue for 2013 increased due to additional sales of an agency

product in Peninsular Malaysia & improved sales from the other existing agency products.

Higher profit was in line with the increased revenue and improved sales of agency products with better margins.

0

50

100

150

200

250

300

350

400

450

389

20

404

24

RM Million FY 2012FY 2013

Revenue Segment Profit

4%

22%

11

Review of Major Operations

FILM EXHIBITION & DISTRIBUTION

Revenue & profit for 2013 increased due to contribution from new cinemas opened in 2012 & 2013 and higher income from film distribution & screen advertising businesses.

0

50

100

150

200

250

300

350

290

40

342

49

RM Million FY 2012FY 2013

Revenue Segment Profit

18%

24%

12

Review of Major Operations

ENVIRONMENTAL ENGINEERING, WASTE MANAGEMENT & UTILITIES

Revenue and profit decreased mainly due to several on-going environmental engineering projects being at completion stage, whereby the revenue contribution had been progressively recognised in the previous quarters.

0

25

50

75

100

125

150

175

155

9.5

100

6.6

RM Million FY 2012FY 2013

Revenue Segment Profit

36%

30%

13

Review of Major Operations

PROPERTY INVESTMENT & DEVELOPMENT

Revenue increased due to higher project management fees on newly secured projects & higher rental income.

Higher profit mainly due to a gain from sale of an investment property.

Profit also derived from progress billings, project management fees & rental income.

0

15

30

45

60

75

90

81

22

90

50

RM Million FY 2012FY 2013

Revenue Segment Profit

11%

>100%

14

Review of Major OperationsCHEMICALS, LIVESTOCK,

INVESTMENTS & OTHER OPERATIONSRevenue increased mainly due to:-

i. higher revenue in the bakery segment which was driven by sales increase in all locations arising from the full operation of all distribution centres in 2013;ii. the increase in selling prices, quantities of day-old-chick and eggs in the Livestock segment; andiii. higher dividend income from the Group’s investment in equities.

Profits largely contributed by the gain on disposal of the Group’s investment in Tradewinds (M) Berhad & higher dividend income. Livestock segment recorded lower losses. Bakery segment reported higher profits.

-100

0

100

200

300

400

500

414

-16

473

40

RM Million FY 2012FY 2013

Revenue Segment Profit/Loss

>100%

14%

15

Key Achievements

in 2013

16

Key Achievements in 2013

Completed construction of an additional 150-mt/day flour mill at its existing flour mill in South Vietnam

Commissioned its 2nd 1,000-mt/day flour mill in Indonesia in November 2013

FLOUR & FEED MILLING, & GRAINS TRADING

17

Key Achievements in 2013

Appointed the sole distributor of Snow Brand infant milk powder in Malaysia

Launched two new products, The Chicken Burger and The Square Burger under the “Marina” family

MARKETING & DISTRIBUTION OF CONSUMER PRODUCTS

Launched new “Massimo” whole wheat buns

18

Key Achievements in 2013

Opening of 2 new cinemasBintang Megamall, Miri – 8 screensCity One Mall, Kuching – 10 screensTotal screens operated by GSC is 233

Introduction of Dolby Atmos

100% Digitisation of Projection System

e-ConcessionPurchase of cinema tickets and concession via e-Payment.Available at GSC’s key locations.

FILM EXHIBITION & DISTRIBUTION

Investment of 25% equity interest in Galaxy, a local cinema chain in Vietnam 19

Key Achievements in 2013ENVIRONMENTAL ENGINEERING, WASTE MANAGEMENT & UTILITIES

Successfully commissioned 5 water projects with a total contract value of RM150 million

Secured new water and sewage projects worth RM300 million

Upgraded the Wangsa Maju Pumping Station from 225,000 m³/day to 300,000 m³/day to improve water supply to 100,000 consumers in KL and Gombak

Awarded the contract for the construction of about 30km of sewer network in Old Klang Road and PJ South

20

Key Achievements in 2013

PROPERTY INVESTMENT & DEVELOPMENTAcquired effective 28% equity interest in Southern Marina (SM)

SM signed the SPA for the purchase of 12.5 acres of land in Puteri Harbour, Nusajaya, Iskandar Malaysia for the proposed development of a mixed residential-commercial property project

Received the Development Order for 14 high-end bungalows at Taman Tanah Aman in Seberang Prai which was soft launched during CNY 2014

21

5-YearFinancial

Performance

22

5-Year PBT of PPB Group

Note : PBT for FY2010 excludes the gain of RM841 million from the disposal of the sugar-related assets. If the profit is included, the PBT would be RM1.970 billion.

-200 400 600 800

1,000 1,200 1,400 1,600 1,800

2009 2010 2011 2012 2013

1,73

2

1,12

9

1,05

7

917

1,07

9

RM Million

Year

23

CapitalCommitments

24

CAPITAL COMMITMENTS RM440 mil

Flour & Feed Milling, & Grains Trading- 500 mt/day flour mill in Vietnam- Investment in China associates- Expansion & upgrading of plant & machineries

RM172 mil

Bakery- Acquisition of bakery machinery, support equipment &

sales trucksRM19 mil

Film Exhibition & Distribution- Opening of 11 new cinemas- Upgrading of existing cinema equipment

RM179 mil

Property Investment & Development- Investment in associate- Upgrading of facilities in shopping mall & office building

RM31 mil

Capital Commitments by Segments

RM7 milMarketing, Dist. & Mftg of Consumer Products- New warehouse & office buildings- Upgrading of machinery & equipment

RM21 milFrozen Food Processing- Processing plant expansion & new factory

RM11 mil Others

25

DividendRecord

26

Dividend Record Dividend Net Net Payout RatioPer Share Dividend Dividend

Gross Net Paid/payable Yield Group CompanyYear (sen) (sen) (RM Million) (%) (%) (%)2013

-Interim-Final*

81725

81725

94.840201.535296.375

]] 1.6]

]] 29.8]

]] 155.2]

2012 20 20 237.100 1.7 28.2 63.02011 23 23 272.665 1.3 27.8 28.42010 # 88 88 1,043.240 5.1 100.1 294.12009 # 73 73 865.415 4.6 53.6 14.8

* PPB Board has recommended a final single tier dividend of 17 sen per share for the financial year ended 31 December 2013 payable on 6 June 2014.

# Including Special Dividends of 65 sen per share in year 2010 and 50 sen per share in year 2009. 27

Share PricePerformance

28

Share Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB9.00

10.00

11.00

12.00

13.00

14.00

15.00

16.00

17.00

1,500.00

1,550.00

1,600.00

1,650.00

1,700.00

1,750.00

1,800.00

1,850.00

1,900.00FBM KLCI PPB Shares - Month End Closing Price (RM)

PPB

Shar

es -

Mon

th E

nd C

losi

ng P

rice

(RM

)

FBM

KLC

I

20142013

FBM KLCI (28.02.14) 1,835.66

PPB (28.02.14) RM15.92

Jan - Dec 2013 PPB FBM KLCIClosing Price (High) 16.14 1,872.52Closing Price (Low) 12.00 1,613.33Closing (31.12.13) 16.14 1,866.96Average Daily Volume 527,782 150,256,078

29

Prospectsfor

2014

30

Prospects for 2014

PPB Group businesses is expected to perform well in 2014 based on :-

Group’s strong core business presence in MalaysiaExpansion in the cinema, flour and bakery segmentsGroup’s regional businesses expected to grow in line with the expanded flour milling capacity; sustained by increasing affluence and domestic consumption in those markets.

In addition to its operating businesses, the Group’s overall consolidated financial results in 2014 will be substantially supported by Wilmar’s business performance.

31

Questions&

Answers32