Investor Presentaiton

Malaysia Vision Valley Land ~8,800 acres of land - Option to sell to SD Property Highlights of MVV MVV is a large scale project announced by the Malaysian Prime Minister during his 2016 Budget speech, and is a component of the Government's 11th Malaysia Plan and the National Transformation Plan. MALAYSIA VISION VALLEY Option to sell ~8,800 acres NEW LABU HAMILTON Sime Darby Developing Sustainable Futures NEW LABU (KIBBY DIV) LANGA North-South Hay FARR Tenure of development 30-year project Total development area 379,000 acres Coverage area Seremban and Port Dickson in Negeri Sembilan Multimedia Super Corridor (MSC) SELANGOR Greater Kuala Lumpur KUALA LUMPUR PAHANG Kuala Lumpur Conurbation National growth conurbation population 2020 10.57 million N. SEMBILAN Own Line LABU OBEL Malaysia Vision Valley MALACCA The area is intended to focus on 4 key development drivers: High-technology manufacturing ■ Tourism ■ Skill-based education and research Specialised services ☐ MVV development is expected to: ✓ Attract investments of RM290bn by 2045 Create 1.38 million new job opportunities ■ Sime Darby Berhad holds c.8,800 acres of land ■ in MVV area, acquired for RM2.5 bn in FY17 Signed 29 option agreements with SD Property for the potential sale of 29 parcels The options are valid for a 5-year period (plus 3 years extension option) ■ The timing of exercise of the option by Property will be dependent on the MVV development plan which is currently being developed ■ Transfer value will be based on market price at the point of exercise Strictly Private & Confidential 37

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