Investor Presentaiton

Segment Performance Tissue 13.3%1 Personal Care Vinda Revenue (HK$M) 12,111 13,254 2,767 4.4%¹ 2,820 2018 2019 2018 2019 31.4% 30.4% 29.1% Gross profit margin 27.6% (%) 2018 2019 2018 2019 Segment results margin* (%) 11.6% 8.1% 8.0% 6.6% 2018 2019 2018 2019 Segment profit before amortisation of trademarks, licenses & contractual customer relationship 1 YoY growth at constant exchange rate 9

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