Silverlake Presentation Q2FY21 FINALv1

40
CORPORATE PRESENTATION Feb 2021

Transcript of Silverlake Presentation Q2FY21 FINALv1

Page 1: Silverlake Presentation Q2FY21 FINALv1

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

Feb 2021

Page 2: Silverlake Presentation Q2FY21 FINALv1

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.

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D I S C L A I M E R

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AGENDA

BANKING

INSURTECH AND RETAIL

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

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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

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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

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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, 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

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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

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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 (SG) Pte. Ltd.8

Finzsoft Solutions**New Geography

(Australia, New Zealand)

2014Silverlake Symmetri

Retail BankingNew Geography

(Central Europe, EMEA, South Asia)

2015SIA X Infotech

New 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)

**Finzsoft Solutions has been disposed on 26 March 2020

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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, & 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 offeringscontinuously enable and connect our ecosystempartners to effectively run, grow & transform their business

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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

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F Y 2 0 0 5REVENUE

F Y 2 0 2 0REVENUE

F Y 2 0 0 8REVENUE

RM27.8

RM146.9

RM664m

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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. GohPeng Ooi continues todrive the vision with theBoard and Management

AN EXPERIENCED & HIGH PROFILE

LEADERSHIP BOARD

1,700EMPLOYEES

* 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 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

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41

5 62

7 8 9

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

6. See Chuang Thuan7. Goh Shiou Ling8. Mah Yong San9. Tan Sri. Dato’ Dr. Mohd Munir bin Abdul Majid10. Yano Satoru (not in pic)

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

Cyber Village secures RM6.4mil of

ENHANCEMENT PROJECTS in 1H

FY2021

QRRA expands WINS CONTRACTS WITH LARGE

RETAIL IN SEA andLARGEST PRESCRIPTION

PHARMACY CHAIN inMALAYSIA

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Straight Through Banking securesRM146mil of SOFTWARE UPGRADES & DIGITAL

INNOVATION CONTRACTS in 1H FY2021

The Group secured project with 5 regional banking franchise in Asean, 5 local banks in Malaysia, 4 banks

in Thailand, a bank in Indonesia, Brunei, China, Pakistan, UAE, UK and Europe respectively, a large commercial bank in Slovakia, an international trade

financing company, an Asian financial service provider and a company in Thailand.

Cyber Village wins contract value approximately at RM 6.4mil with a

large regional bank in Asean, 2 Malaysian banks, 2 Malaysia

government linked companies and a Malaysian financial service

company.

QR group secured project with value approximately RM 450K with largest

prescription pharmacy chain in Malaysia. The group also secures contract with large retails in SEA with presence in Malaysia,

Singapore, Vietnam, China and Hong Kong.

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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 toEUR12.6m 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 institutions13

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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 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 ”

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AGENDA

BANKING

INSURTECH AND RETAIL

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

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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 2019 peak transaction volume for financial and non‐financial transactions 

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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

CIF DEP

LoansiPzRetail Pymt

T$NInstitute Pymt

NowSuite

STRAIGHT THROUGH BANKING (STB) PLATFORMDelivering responsive digital customer experience with resilient, compliant and scalable

end to end banking platform

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• 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 :

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

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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

6.6 6.9

6.1 4.55.8 6.0

6.1

Annual CAGR

TECH SPENDING BY ASIAN

FINANCIAL INSTITUTIONS IS

RISING AGAIN

6.5

LEANER &TARGETED

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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 6new contracts to prov ide sof tware upgrades,implementation and maintenance services to customers.These contracts are expected to contribute positively toGroup’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.

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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

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Maintenance &

Enhancement

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

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AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

INSURTECH & RETAIL

BANKING

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Thailand (2015)

Philippines(2016)

Malaysia (HQ)(2000)

Singapore(2006)

Indonesia (2006)

Vietnam(2016)

Hong Kong(2017)

China(2018)

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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

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

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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 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

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

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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  26

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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

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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

FERMIONBancassurance

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

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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

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

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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 DI 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 todrive their retail innovation, we haveventured into cloud–based digitalplatform, QR Agora Cloud, toprovide greater control & flexibility

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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 partnered QRRA to support its current and future business 

growth

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AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

KEY FINANCIALS

INSURTECH & RETAIL

BANKING

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

(RM million) FY2020 FY2019 % CHANGERevenue 663.7 680.8 -3Gross Profit 391.7 426.1 -8Other Income 23.6 55.6 -58Profit Before Tax 212.6 284.7 -25Net Profit 184.7 245.6 -25EBITDA 278.0 332.5 -16

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F Y 2 0 2 0 R E S U L T S S U M M A R Y

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

(RM million) 1H FY2021 1H FY2020 % CHANGERevenue 308.4 355.5 -13Gross Profit 191.8 221.6 -13Other Income 8.3 7.6 9Profit Before Tax 105.4 132.8 -21Net Profit 67.5 100.0 -32EBITDA 135.7 164.9 -18

33

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

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• Group revenue declined 13% to RM308.4m in 1H FY2021 from all major revenue segments• Revenue from maintenance & enhancement services remained stable amidst COVID-19 pandemic lockdown

in multiple countries• Software-as-a-Service for insurance processing revenue declined 10% as the communities in various

countries have reduced mobility which impacted claims volumes• Sale of software and hardware products declined by 90% as a result of delays of new contracts from banks

• Gross profit margin maintain at 62%• Other Income increased 9% to RM8.3m; total expenses were lower• Group EBITDA declined 18% to RM135.7m in 1H FY2021• Net profit attributable to shareholders declined 32% to RM67.5m in 1H FY2021

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

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F Y 2 0 2 0R 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

35

11.0  11.0 33.4 

102.9  100.7 

421.8 

26.9 10.9 

35.2 

74.3 56.1 

460.3 

Sale of Software & HardwareProducts

Credit & Cards Processing Software‐as‐a‐Service ‐Insurance & Retail

Software Project Services Software Licensing Maintenance & EnhancementServices

    FY2019    FY2020

+ 145% -1%+ 4%

-2 8% -44%

+9%

Recurring revenue from maintenance &enhancement services and Software-as-a-Service for insurance processing recordedgrowth in FY2020

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20.4 3.1 

19.9 33.1 

42.6 

236.5 

2.0  ‐

18.1 29.9 

22.2 

236.1 

Sale of Software & HardwareProducts

Credit & Cards Processing Software‐as‐a‐Service ‐Insurance & Retail

Software Project Services Software Licensing Maintenance & EnhancementServices

1H FY2020 1H FY2021

-10%

1 H F Y 2 0 2 1R 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

36N/M = Not meaningful

-90% N/M-9%

-48%

0%

Recurring revenue from maintenance &enhancement services showing stablemomentum in 1H FY2021

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DIVIDEND FIRST INTERIM

SECOND INTERIM

THIRD INTERIM FINAL SPECIAL TOTAL

FY2015 0.80 1.10 1.10 1.201 - 4.20FY2016 0.60 0.75 0.65 1.00 - 3.00FY2017 0.50 0.70 0.70 0.30 2.302 4.50FY2018 0.30 0.30 0.30 0.30 1.803 3.00FY2019 0.30 0.40 0.40 0.70 - 1.80FY2020 0.30 0.30 - 4 0.33 0.93FY2021 - 4 - 5 -

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 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. The dividend payout (which is required to be accompanied by the financial statements for the period pursuant to Rule 704(25)) was assessed on a half-yearly basis taking into consideration various

factors including the expansion plans and funding requirements of the Group.5. Defer dividend payment decision to the end of financial year. The Board is of the view that economic conditions still remain uncertain, it will be prudent for the Group to conserve cash to ensure the

Group has sufficient working capital to sustain the long-term viability of the business taking into consideration the capital requirement and other financial obligations.

*Dividend in Singapore cents per share

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

37

Total cumulative dividends paid since FY2003 amounted to RM2.15 billion.

Page 38: Silverlake Presentation Q2FY21 FINALv1

(RM MILLION) 30 JUN 2020 30 JUN 2019CURRENT ASSETS 1,050.5 841.9Trade And Other Receivables 140.0 134.3

Financial Assets At Fair Value Through Other Comprehensive Income- Quoted Equity Shares1 310.2 172.1

Cash And Bank Balances 496.7 442.0

NON-CURRENT ASSETS 417.7 340.4TOTAL ASSETS 1,468.2 1,182.3CURRENT LIABILITIES 503.8 222.3Trade And Other Payables 358.5 70.7

Loans And Borrowings 9.7 11.3

NON-CURRENT LIABILITIES 217.8 367.7Other Payables2 - 248.5

TOTAL EQUITY 746.6 592.3TOTAL LIABILITIES & EQUITY 1,468.2 1,182.3

38

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. Investment in quoted equity shares of GIT, recognised at fair value determined by reference to published price quotations in active market2. Contingent consideration payable for the acquisition of Silverlake Investment (SG) Pte. Ltd. (formerly known as Silverlake Investment Ltd.) Group

transferred to Current Liabilities

Page 39: Silverlake Presentation Q2FY21 FINALv1

AGENDA

GROUP OVERVIEW

INVESTOR FACTSHEET

INSURTECH & RETAIL

BANKING

KEY FINANCIALS

39

Page 40: Silverlake Presentation Q2FY21 FINALv1

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 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 Ltd is a leading enterprise technology, softwareand services company focused in financial services and serves40% of the top 20 largest banks in South East Asia. Founded in1989, SAL has an impeccable track record of successful deliveryof innovative and transformative solutions to its enterprisecustomers and their ecosystems. The Group has more than 380enterprise customers in over 80 countries across Asia, Europe,Middle East, Africa, and the Americas.

RM160.5m

RM68.8mLee Teong Sang

Anil Singh Gillinvestor.relations@silverlake

axis.comQ 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 RM345.8 mil as of 30 June 2020

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 1 0 F e b 2 0 2 1 )

No. of shares 2.58 bMarket Cap S$670mEarnings/share(31 Dec 2020) 2.62 (RM sen)

Dividend/share(Q2 FY2021) N/A

$0.26 (5CP.SI)

Financial Year Ended 30 June(RM‘m)

2020 2019

Revenue 663.7 680.8Gross Profit 391.7 426.1Net Profit 184.7 245.6Total Assets 1,468.2 1,182.3Total Liabilities 721.6 590.0Gross Profit Margin (%) 59% 63%Net Profit Margin (%) 28% 36%Return on Equity (%) 25% 41%

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

Q 2 F Y 2 0 2 1G R O U PE B I T D A

Asia Pacific, Europe, Middle East, Africa and Americas Maintenance and Enhancement Services, 123.0

Software Licensing, 14.3

Sale of Software and Hardware Products, 1.4

Software Project Services, 12.7

Software‐as‐a‐Service ‐ Insurance Processing, 9.0

Software‐as‐a‐Service ‐ Retail, 0.16

0.0

50.0

100.0

150.0

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