One of the largest integrated property developer in Southeast Asia by market capitalization

The largest listed real estate developer on the PSE by market capitalization, total assets and net income

Consistently cited for excellence in corporate governance, property development, environmental consciousness, and service

US$18.54bnMarket

Capitalization

PSE Stock Symbol SMPH

Market Capitalization PHP862bn

Outstanding Shares 28,879mn

Last Traded Price (15 Aug 2016)

Php29.85/share

Fast Facts

► 58 Malls in the Philippines

► 6 Malls in China

► 8.5 million sqm total Gross Floor

Area

1H2016 Operating

Highlights

► Total Revenues of PHP23.6

billion grew by 9.1% from

1H2015

► Operating Income of PHP13.2

billion rose by 9.4% from 1H15

Fast Facts

► 37 Residential Projects

► Launched 97,287 Residential

Units (since 2003)

► Completed 78,405 Residential

Units

1H2016 Operating

Highlights

► Total Real Estate Revenues

of PHP13.2 billion improved by

6.1% from 1H2015

► Operating Income of PHP3.9

billion increased by 4.8% from

1H2015

► Reservation sales of

PHP14.5bn, up by 20%,

translating an 18% increase to

8,078 unit sales.

Fast Facts

► 6 Office Buildings

► 370,685 sqm total Gross

Floor Area

1H2016 Operating

Highlights

► Total Revenues of PHP1.1

billion grew by 50.8%

from 1H2015

► Operating Income amounted

to PHP0.8 billion jumped by

111.4% from 1H2015

Fast Facts

► 6 Hotels

► 1,510 Hotel Rooms

► 4 Convention Centers and

2 Trade Halls

1H2016 Operating

Highlights

► Total Revenues of PHP1.3

billion increased by 26.8%

from 1H2015

Malls’ revenue accounts to 60% of SM Prime’s revenue, Residences likewise holds 34%

Revenue from commercial properties group contributes 3%

Hotels and Convention centers take up the rest

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2012 2013 2014 2015 1H2016

53% 57% 59% 60% 60%

40% 35% 34% 32% 34%

4% 5% 4% 5% 3%2% 3% 3% 3% 3%

Malls Residences Commercial Hotels and Convention Centers

More than 70% of the consolidated net income are recurring while the rest comes from developmental income

Malls contribute the most among key business units

The contribution from these BUs should be sustained over the medium term

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2012 2013 2014 2015 1H2016

64%70% 69% 69% 68%

31%25% 25% 23% 26%

5% 5% 4% 6% 5%1% 2% 1%

Malls Residences Commercial Hotels and Conventions

SM Prime is the largest mall operator/developer in the Philippines

Metro Manila malls accounts for 44% of total mall space followed by Luzon (35%), Visayas (14%) and Mindanao (7%)

New expansions is geared towards the provincial areas

Average mature mall occupancy rate of 94%

Serve as anchor for Lifestyle City developments

Opening GFA (sqm)

Apr2016 SM San Jose Del Monte 114,186

May2016 SM Trece Martires 83,783

Nov2016 Cherry SM Congressional 13,273

2H2016 SM East Ortigas 80,127

Expansions

2H2016 SM San Pablo 13,359

2H2016 SM Molino 39,674

Total 344,401

Projection

End of 2016 Total Malls 60

GFA 7.66 mn sqm

Opening GFA (sqm)

1H2017 SM Center Tuguegarao 25,890

1H2017 SM Puerto Princesa 65,073

2H2017 Cherry SM Antipolo 22,777

2H2017 SM Center Lemery 24,079

2H2017 SM Premier Cagayan de Oro 81,133

2H2017 SM Urdaneta 46,570

2H2017 SM Center Ormoc 28,408

Total 293,930

Projection

End of 2017 Total Malls 67

GFA 7.95 mn sqm

Fame Residences, Mandaluyong City

Jazz Residences, Makati City

Air Residences, Makati city

A leading condominium developer in Metro Manila that focuses on affordable housing segment

Accounts for 34% of the group’s revenue

A total of 37 projects which is equivalent to 97,287 launched units and 78,405 completed and delivered units

8 new and 4 expansion of existing projects equivalent to at least 11,000 units will be launched this year

Has a land bank of 61.9 hectares in key cities within Metro Manila

Projects Overview

Ready-for-Occupancy (RFO) Units 2,613

1H2016 Reservation Sales (value) PHP22.6 bn

1H2016 Reservation Sales (units) 8,078

2016 Planned launches 11,000-14,000 units (est.)

2016 CAPEX PHP16.3bn

Project PHP10.4 bn

Landbanking PHP5.9 bn

Fame Residences, Mandaluyong City

Have 2 large-scale tourism projects –Tagaytay Highlands and Pico de Loro

Tagaytay Highlands is an exclusive mountain resort, golf club and residential complex

40 hectares Pico de Loro project is Phase 1 ofHamilo Coast project, a premier and sustainableleisure destination in Nasugbu, Batangas

Landbank of 559.8 hectares

Capital expenditure of PHP750 mn

Pico de Loro at Hamilo Coast

Construction of Woodridge Place’s Mahogany and Linden buildings

The Aspenhills Village Hall

Completed Projects

Caters primarily to the growing BPO Industry

Have a GFA of almost 371,000 sqm for

6 completed towers

Target to increase GFA to almost 610,000

sqm by 2020

On-going construction of office buildings

within existing malls

TwoE-comCenter FiveE-comCenter

On-going Project

FourE-comCenterThreeE-comCenter

Radisson Blu Hotel

Park Inn Clark

SMX Convention Center

Operates with 6 hotels with over 1,500

rooms; 4 SMX Convention Centers, and

2 Megatrade Halls reaching 36,000 sqm

of leasable space

Opened Park Inn by Radisson in Clark,

Pampanga with 154 rooms on December

2015

Launched the iconic 347-room Conrad Manila

in MOA Complex last June

Pico Sands Hotel Park inn by Radisson

Conrad Manila