1

Beyond BoundariesUMW Holdings BerhadCorporate PresentationDecember 2017

2

Introduction

3

OUR JOURNEYEnhancing our capabilities

Founded in 1917 Automotive Assembly Tier 1 Supplier

Bicycle repair shop 35 years with Toyota24 years with Daihatsu

Fan Case ManufacturerRolls-Royce

Laying the building blocks for excellence

4

58.32%

11.14%

8.18%10.72%

11.64%

OUR SHAREHOLDERS As at 29/12/2017

29/12/2017

Market Capitalisation

RM 6.1b

PNB

EPF

Other Local Shareholders KWAP

Foreign Shareholders

Permodalan Nasional Berhad/ PNB Managed Unit Trust Funds, 58.32%

Employee Provident Fund Board, 11.64%

Foreign Shareholders, 11.14%

Other Local Shareholders, 10.72% Kumpulan Wang Amanah Pekerja, 8.18%

5

OVERVIEW OF OUR BUSINESSES

01 02 03

04

• Manufacture

• Assembly

• Distribution

• Sales & service

Automotive Equipment M&E

Others

• Distribution

• Trading

• After-sales service

• Blending & distribution of lubricants

• Manufacture of automotive components

• Manufacture of fan case

• Manufacture

• Land rigs

• Trading

Oil & Gas - Unlisted

6

INTERNATIONAL PRESENCE10 countries

China

Malaysia

Indonesia

Myanmar

India

Papua New Guinea

Singapore

Australia

Oman

AutomotiveEquipmentManufacturing & EngineeringOil & Gas

Vietnam10,374 Employees

AA2 RAM

Credit Rating

7

Our Automotive business

8

UMW AUTOMOTIVE SEGMENT

UMW Toyota Motor Sdn. Bhd.*

Manufacturer and dealer in component parts including engines, couplings and transmission components

Perodua Engine Manufacturing Sdn. Bhd.

Perodua ManufacturingSdn. Bhd.

Perodua Sales Sdn. Bhd.

30%

Toyota BoshokuUMW Sdn. Bhd.

Automotive Industries Sdn. Bhd.

Assembly Services Sdn. Bhd.

Perusahaan Otomobil KeduaSdn. Bhd.**

Manufacturer and assembler of motor vehicles and other related activities

Investment holding and provision of management and administrative services

Marketing and distribution of motor vehicles, related spare parts and other related activities

Manufacturer of car seats

Manufacturer and supplier of exhaust systems

Assembler of vehicles

Ingress Technologies Sdn. Bhd.

Manufacturer of complete door assemblies and press parts

UMW Toyotsu Motors Sdn. Bhd.

Sales and service of Toyota and Lexus vehicles and parts

65%

100%

100%

49%

49%

49%

100%

30%

Investment holding, importation and distribution of Toyota vehicles and related parts

Investment holding and provision of management and administrative services

39% Toyota Motor Corporation10% Toyota Tsusho Corporation

4.2% Mitsui & Co., Ltd2.8% Mitsui & Co., ( Asia Pacific) Pte Ltd5% Daihatsu (Malaysia) Sdn Bhd

30% Toyota Capital MalaysiaSdn. Bhd.

Hire purchase financing of Toyota customers

*

51% 38%

51%

51%

***41% Daihatsu Motor Co., Ltd6% Mitsui Co., Ltd 4% Mitsui & Co., ( Asia Pacific) Pte Ltd

20% Daihatsu Motor Co., Ltd20% MBM Resources Bhd10% PNB Equity Resource

Corporation Sdn Bhd

**

Perodua Global ManufacturingSdn. Bhd.49%

51%

Daihatsu Perodua Engine Manufacturing Sdn. Bhd.

49% 51% Daihatsu Motor Co., LtdManufacturer of engine and engine components for Energy Efficient Vehicles

Manufacturer and assembler of motor vehicles and other related activities

Perodua Auto Corporation Sdn. Bhd.***

9

• Lower sales in 2016 were mainly due to weak consumer sentiment and stringent

lending guidelines imposed by the financial institutions.

• Target for 2017 is 590,000 units (+1.7% growth)

548,115 536,905605,156 600,123 627,753

655,793 666,465 666,674580,124

521,907

12.5%

-2.0%

12.7%

-0.8%4.6% 4.5% 1.6% 0.0%

-13.0%

-75.0%

-65.0%

-55.0%

-45.0%

-35.0%

-25.0%

-15.0%

-5.0%

5.0%

15.0%

25.0%

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 11M2017

Unit sales

Growth

TOTAL INDUSTRY VOLUME (TIV)TIV % Change Over Previous Year RHS

Total Industry Volume – Unit Sales LHS

UMW Holdings Berhad

Chart1

20082008

20092009

20102010

20112011

20122012

20132013

20142014

20152015

20162016

11M201711M2017

Unit sales

Growth

0.03%

548115

0.1250862111

536905

-0.0204519125

605156

0.1271193228

600123

-0.008

627753

0.046

655793

0.045

666465

0.016

666674

0

580124

-0.13

521907

Sheet1

200220032004200720082009201020112012f2012201320142015201611M2017

Unit sales434954405745487605487176548115536905605156600123615000627753655793666465666674580124521907

Growth9.7%-6.7%20.2%-0.7%12.5%-2.0%12.7%-0.8%4.6%4.5%1.6%0.0%-13.0%

10

LEXUS & TOYOTA

• The all-new Toyota Hilux and Toyota Fortuner were launched in May 2016. This was followed by 4 new models and 3 improved models in the second half of 2016.

• Vios was the top selling model in 2016 with 38% of total Toyota sales. Hilux was second with 28%.

• Importation of CBU cars and CKD components are transacted in US Dollar.

101,839

82,08991,990 88,662

106,62292,521

103,63695,861

65,110 63,100

18.6%

15.3% 15.2% 14.8%

17.0%

14.1%15.6%

14.4%

11.2%12.1%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%

0

50,000

100,000

150,000

200,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 11M2017

Unit sales

Market Share

UMW Toyota Motor Market Share Of TIV RHS

UMW Toyota Motor Unit Sales LHS

UMW Holdings Berhad

Chart1

20082008

20092009

20102010

20112011

20122012

20132013

20142014

20152015

20162016

11M201711M2017

Unit sales

Market Share

101839

0.186

82089

0.153

91990

0.152

88662

0.148

106622

0.17

92521

0.141

103636

0.156

95861

0.144

65110

0.112

63100

0.121

Sheet1

200220032004200720082009201020112012f2012201320142015201611M2017

Unit sales273504023951700821881018398208991990886629300010662292521103636958616511063100

Market Share6.3%9.9%10.6%16.9%18.6%15.3%15.2%14.8%17.0%14.1%15.6%14.4%11.2%12.1%

11

PERODUA

• Perodua maintained the No. 1 position in overall market share since 2006• Currently exporting to six countries, namely, Indonesia, Singapore, Mauritius, Fiji, Sri

Lanka and Brunei.• The all-new Perodua Myvi was launched on 16 November 2017. • Target for 2017 is 202,000 units.

167,393 166,736188,641 179,989 189,137

196,071 195,579213,307 207,110

184,707

30.5% 31.1% 31.2% 30.0% 30.1% 29.9% 29.3%32.0%

35.7% 35.4%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 11M2017

Unit sales

Market Share

Perodua Market Share Of TIV RHS

Perodua Unit Sales LHS

UMW Holdings Berhad

Chart1

20082008

20092009

20102010

20112011

20122012

20132013

20142014

20152015

20162016

11M201711M2017

Unit sales

Market Share

30.1%

167393

0.305

166736

0.311

188641

0.312

179989

0.3

189137

0.301

196071

0.299

195579

0.293

213307

0.32

207110

0.357

184707

0.354

Sheet1

200220032004200720082009201020112012f2012201320142015201611M2017

Unit sales127478124008121804162152167393166736188641179989188000189137196071195,579213,307207,110184,707

Market Share29.3%30.6%25.0%33.3%30.5%31.1%31.2%30.0%30.1%29.9%29.3%32.0%35.7%35.4%

12

UMW GROUP’S MARKET SHAREUnits & Market Share (%)

35.7%11.2%

53.1%

Brand 2016 2015

Units Market Share %

Units Market Share %

HondaProtonNissanMazdaHyundai, KiaOthers

91,83072,29040,70612,4939,470

81,115

15.812.57.02.21.6

14.0

94,902102,17447,23514,32510,96087,910

14.215.37.12.11.6

13.3

Total 580.124 666.674

2015213,30732.0%

201595,86114.4%

2015357,50653.6%

Perodua207,110 UMW Toyota

65,110

Others307,904

• UMW companies sold 272,220 units in 2016 with a market share of 47%.

13

Our Equipment business

14

EQUIPMENT SEGMENT

Agriculture

Construction

Forestry

Mining

Industrial and manufacturing

Industrial cleaning – food and beverage, material handling and logistics

Industrial and marine power solutions

UMW represents all of the above principals for some of the world’s most recognised products in:

Heavy Equipment Industrial Equipment Marine & Power Equip

15

HEAVY EQUIPMENT

• Komatsu franchise in Malaysia, Singapore, Myanmar and Papua New Guinea• Has strong presence in Myanmar, supplying equipment to the jade mining and resource mining

sectors.

Malaysia

Papua New Guinea

Myanmar

Singapore

Since 1979 Since 1996

Delivered 38 units of RosenbauerPanther Airport Fire Fighting Vehicles to MAHB from 2010-2015

Since 1965

16

INDUSTRIAL EQUIPMENT

Toyota Forklift Franchise

Malaysia

SingaporeBrunei

VietnamChinaShanghai,Zhejiang

No. 1 position in Malaysia since 1972. Toyota forklift maintained its 50% market share in Malaysia’s material handling equipment business.

Toyota Forklifts – UMW is one of the Top 5 Distributors in the world.

Globally, UMW is the only Diamond member (the highest elite tier) in the Premier Club Recognition Programme, awarded by Toyota Material Handling International (TMHI).

Also awarded the Undisputed Performance Award by Toyota Material Handling International for outstanding performance.

Have ventured into leasing of Toyota forklifts.

Strong market leadership position

17

MARINE AND POWER EQUIPMENT

CompAirAir Compressor

MitsubishiMarine Engines

HondaPower Products

Ingersoll RandCentrifugal

Compressor

GEReciprocatingCompressor

MitsubishiGen-sets

18

Our Manufacturing & Engineering business

19

KEY PRODUCTS

Aerospace Component Lubricants

Auto Components

Fan Case

Lubricants & Fluids

Fluids &Chemicals

Lubricants & Fluids(China)

Shock Absorbers& Power Steering

AutomotiveComponents

20

MANUFACTURE OF AERO ENGINE FAN CASES

• The contract is for the manufacture of fan cases for theTrent 1000 aero engines for 25+5 years (Trent 7000engines later) for Rolls-Royce.

• Both Trent engines are the most advanced in aero enginetechnology, with increased fuel efficiency and noisereduction.

• UMW will be the only supplier (‘single-source supplier’) forfan cases for both the engines.

• The manufacturing plant is located in Serendah, Selangor.

• Successfully delivered the first fan case on 29 November2017.

Component Part Manufacturing for RR’s Most Advanced Passenger Aircraft Engines

Be Part of Asian Supply Chain Development Single Source Final Assembly of the Trent 1000

and Trent 7000 engines in Singapore

UMW is the 1st Malaysian Tier 1 Supplier to Rolls-Royce

UMW Aerospace Sdn Bhd

21

Others

22

OIL & GAS (UNLISTED)Companies that are not part of the listed segment

Drilling & Exploration

OCTG & Line Pipe

Fabrication

Trading and Oilfield services

No of remaining assets

Jaybee Drilling Pvt Ltd

UMW Sher (L) Ltd

Arabian Drilling Services – CEASED OPERATIONS

Shanghai BSW Petro-pipe Co. Ltd

Zhongyou BSS(Qinhuangdoa) Petropipe Co. Ltd

Oil Country Tubular Limited

United Seamless Tubulaar Pvt Ltd

Tubulars International Pte Ltd

3

UMW Fabritech Sdn Bhd -DIVESTED

UMW Coating Technologies (Tianjin) Co. Ltd

UMW Synergistic Generation Sdn Bhd - RATIONALISED

UMW Oilfield International (M) Sdn Bhd. UMW Oilfield International (L) Ltd

Sichuan Haihua Petroleum Steelpipe Co. Ltd-Sub - DIVESTED

PFP Holdings Pty Ltd

Jiangshu Tube-Cote Shuguang Coating Ltd

Shanghai Tube-Cote Petroleum Pipe Coating

5

1

4

13Total

23

Going Beyond Boundaries

24UMW HOLDINGS BERHAD

TOWARDS A RESILIENT ORGANIZATION

01

0302

CONTINUED EXPANSION OF

OUR CORE BUSINESS

ADDRESSING EXIT OF

UNLISTED OIL & GAS

SEGMENT

MONETIZING LONG HELD, LAND ASSETS

The broad strategic framework towards managing Group’s challenges and future needs

25

CONTINUED EXPANSION OF OUR BUSINESS

AUTOMOTIVEEnhancing and

optimizing profitability

M&EContinued expansion of core business and

HVM

EQUIPMENTStrengthening of heavy equipment

segment with Komatsu

26

MONETISING LONG HELD, LAND ASSETS

o Serendah Land – 861 acreso Opportunity exist for unlocking of value.o Part of the land currently housed the Rolls-Royce fan casing project which acts as a catalyst for further

development of Serendah.

LOW-DENSITY RESIDENTIAL COMMUNITY

COMMERCIAL CORE WITH INTEGRATED CONNECTION TO

LANDSCAPE

MIXED-USE & RESIDENTIAL LOOP ROAD

HIGH-END, LOW-DENSITY RESIDENTIAL COMMUNITY

AEROSPACE INDUSTRY CLUSTER

AUTOMOTIVE INDUSTRY CLUSTER

MEDIUM-DENSITY AFFORDABLE HOUSING COMMUNITY

UMW Aerospace Sdn. Bhd’s site

27

Performance Data

28

SELECTED GROUP FINANCIAL HIGHLIGHTS

Revenue (RM million) PBT (RM million)

KPI – Gross Dividend Per Share of RM 0.50 each (sen) KPI – Annual Dividend Payout Ratio (%)

1 2

43

9,976

12,770

10,721

12,82013,536

15,817

13,95214,933 14,442

10,959

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

856

1,277

847

1,313 1,365

2,020

1,4361,622

270

(2,130)

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

50.8 57.759.0

75.8 75.258.8

78.7 76.1

100.0

0.0

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

30.037.0

20.030.0 31.0

50.0 44.0 41.0

20.0

0.0

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

March 08Share Split from

RM1.00 to RM0.50 each

Chart1

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

assets

10,959

9976

12770

10721

12820

13536

15817

13952

14933

14442

10965

Sheet1

2002200320062007200820092010201120122013201420152016

assets3,1683,4019,9509,97612,77010,72112,82013,53615,81713,95214,93314,44210,965

net profit227.0216.6305.9469.1565.8

Sheet1

assets

Chart1

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

sh fund

(2,130)

856

1277

847

1313

1365

2020

1436

1622

270

-2154

Sheet1

20022003200520062007200820092010201120122013201420152016

sh fund1,7321,9226587548561,2778471,3131,3652,0201,4361,622270-2,154

net profit227.0216.6284.2305.9469.1565.8

Chart1

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

payout

50.8

57.7

59

75.8

75.2

58.8

78.7

76.1

100

0

Sheet1

20022003200420062007200820092010201120122013201420152016

payout24.128.045.050.350.857.759.075.875.258.878.776.1100.00.0

50.3

Chart1

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

DPS

30

37

20

30

31

50

44

41

20

0

Sheet1

20022003200420062007200820092010201120122013201420152016

DPS13.812.010.520.530.037.020.030.031.050.044.041.020.00.0

b4 split27.524.021.041.060.0

after split13.812.010.520.530.037.020.030

29

Key Performance IndicatorsRETURN ON SHAREHOLDERS FUNDS

16.5% 17.0%

10.5%13.5% 11.7%

21.9%

11.7% 10.1%

-0.6% -29.3%

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Chart1

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

rosf

0.165

0.17

0.1048

0.135

0.117

0.219

0.117

0.101

-0.006

-0.293

Sheet1

200420062007200820092010201120122013201420152016

rosf8.1%12.5%16.5%17.0%10.5%13.5%11.7%21.9%11.7%10.1%-0.6%-29.3%

target13.0%14.0%10.0%10.0%10.0%10.0%

achieved16.5%16.9%10.2%13.5%12.1%21.0%

Sheet1

rosf

30

Prospects for 2018

31

CURRENT PROSPECTS - 2018

Automotive Equipment

Leveraging on Partner’s (KOMATSU & TICO) strength to boost product range and market penetration

Expanding value added services – total solutions provider

Product and market expansion

M&E

Increasing market share for lubricants business in existing markets (Malaysia, China Indonesia)

Aerospace plant commence full operations and ramping up production

Growth area

Others

UMW is actively implementing action plans towards exit from this segment

Target complete disposal by 2018

Focus on divestment of unlisted Oil & Gas assets

New models for 2018

UMW Toyota to launch new car models to boost market share

Perodua contribution sustainable with continued strong demand in entry level segment

Corporate Portal www.umw.com.my

This material is proprietary and is prepared specifically for the recipient’s reference. The information contained herein is not to be distributed without the consent of UMW Holdings Berhad. Any recommendation or views contained in this document do not have regard to specific investment objectives, financial situation and the particular needs of any specific audience. The content furthermore is believed to be correct at the time of the issue of this document, and is not and should not be construed as an offer or a solicitation of any offer to buy or sell any securities. Nor does this document purport to contain all the information a prospective investor may require.

S. VikneshwaranHead, Investor, Media Relations & SustainabilityEmail: vikneshwaran.s@umw.com.myTelephone: +603 5163 5000

THANK YOU

Roza Shahnaz OmarDirector, Group StrategyUMW Corporation Sdn. Bhd.

Slide Number 1Slide Number 2OUR JOURNEY�Enhancing our capabilitiesOUR SHAREHOLDERS �As at 29/12/2017OVERVIEW OF OUR BUSINESSESINTERNATIONAL PRESENCE�10 countriesSlide Number 7UMW AUTOMOTIVE SEGMENTTOTAL INDUSTRY VOLUME (TIV) LEXUS & TOYOTAPERODUAUMW GROUP’S MARKET SHARE�Units & Market Share (%)Slide Number 13EQUIPMENT SEGMENTHEAVY EQUIPMENTINDUSTRIAL EQUIPMENTMARINE AND POWER EQUIPMENTSlide Number 18KEY PRODUCTSMANUFACTURE OF AERO ENGINE FAN CASESSlide Number 21OIL & GAS (UNLISTED)�Companies that are not part of the listed segmentSlide Number 23TOWARDS A RESILIENT ORGANIZATIONCONTINUED EXPANSION OF OUR BUSINESSMONETISING LONG HELD, LAND ASSETSSlide Number 27SELECTED GROUP FINANCIAL HIGHLIGHTSKey Performance Indicators�RETURN ON SHAREHOLDERS FUNDSSlide Number 30CURRENT PROSPECTS - 2018���������Corporate Portal www.umw.com.my