Golden Agri-resources Ltd · SGX:E5H
Golden Agri-resources — FY2025 Earnings Presentation
15 slides from Golden Agri-resources's earnings presentation, Feb 26, 2026
Slide 1: Full Year 2025 Performance
Golden Agri-Resources Full Year 2025 Performance 26 February 2026
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Golden Agri-Resources Ltd. (“GAR” or “Company”) for informational purposes, and may contain projections and forward looking statements that reflect the Company’s current views with respect to future events and financial performance. These views are b
Slide 3: Executive Summary
Executive Summary Outstanding full year 2025 performance driven by solid integrated business model Segmental EBITDA US$ million US$12.95 bn US$1.26 bn 1,826 19% 14% 1,258 Revenue EBITDA1 1,214 1,022 1,101 Record high with stronger market Higher contribution from upstream 434 986 550 prices and v
Slide 4: Financial Performance
Financial Performance Improved second-half performance resulted in a strong finish with excellent full-year 2025 results US$ million FY 2025 FY 2024 1 YoY 2H 2025 1H 2025 HoH Revenue 12,951 10,910 19% 6,800 6,152 11% Gross Profit 1,900 1,567 21% 1,031 869 19% EBITDA2 1,258 1,101 14% 692 566 22% Unde
Slide 5: Segmental Results - Plantations and Palm Oil Mills
Segmental Results - Plantations and Palm Oil Mills Excellent 2025 results from plantation segment with stronger CPO and PK prices as well as increase in plantation output FY 2025 FY 2024 YoY 2H 2025 1H 2025 HoH Revenue (US$ million) 2,459 2,174 13% 1,274 1,184 8% EBITDA (US$ million) 709 567 25% 388
Slide 6: Oil Palm Plantations
Oil Palm Plantations Securing future growth through replanting and innovation Nucleus Age Profile (ha) Mature Area (ha) Planted Area (ha) 10% 15% 531,355 536,234 482,056 481,521 39,503 11% 116,754 118,025 64,404 106,958 107,459 47,155 19% 78,088 Golden Agri-Resources 375,098 374,062 414,601 418,209
Slide 7: Segmental Results – Palm, Laurics and Others
Segmental Results – Palm, Laurics and Others Downstream business achieved record revenue and volume despite a more competitive market environment FY 2025 FY 2024 YoY 2H 2025 1H 2025 HoH Revenue (US$ million) 12,839 10,800 19% 6,741 6,098 11% Sales Volume (‘000 tonnes) 11,885 11,502 3% 6,255 5,629 11
Slide 8: Financial Position
Financial Position Prudent financial management underpins a strong balance sheet US$ million 31-Dec-25 31-Dec-24 Change Total Assets 10,665 10,693 -0.3% Cash and short-term investments 1,144 1,000 14% Fixed assets1 3,908 3,834 2% Interest bearing debts 3,249 3,706 -12% Cash, short-term investments a
Slide 9: Dividend Distribution for FY 2025 Profit
Dividend Distribution for FY 2025 Profit The Board declares final dividend of 0.952 Singapore cents per share, subject to shareholders’ approval at the 2026 Annual Meeting Cash Dividend FY 2025 FY 2024 FY 2023 Dividend per share (S$ cents) 0.952 0.804 0.613 Total Dividend (S$ million) 120.73 101.96
Slide 10: Collective for Impact Progress
Collective for Impact Progress Sourcing Achieved 100% traceability to mill for palm, soybean, sugar, sunflower and coconut supply chain Responsibly Published our Responsible Agri-Commodity Sourcing Policy for non-palm products and initiated supplier outreach to raise awareness and alignment Tr
Slide 11: 2025 Recognition Affirms Sustained Operational Excellence and Long-term Value Creation
2025 Recognition Affirms Sustained Operational Excellence and Long-term Value Creation Mr. Franky Oesman Widjaja FORTUNE Indonesia Lifetime Achievement Award Golden Agri-Resources PT SMART Tbk PT SMART Tbk Indonesian Downstream Ranked 27th in the Subroto Awards 2025: 4 Stars at the Unit Endress+Haus
Slide 12: Business Strategy and Outlook
Business Strategy and Outlook Strategic Focus Fortifying our position as an innovative and leading integrated agribusiness and food player, with a superior at-scale upstream and resilient value-adding downstream businesses Business Outlook Operational Excellence at the Value Add Enhancement at Upstr
Slide 13: Appendix
Appendix Minimal Golden Agri-Resources Presentation Template 12
Slide 14: Plantation Age Profile
Plantation Age Profile Immature Young Prime 1 Prime 2 Old Total hectares (0-3 years) (4-6 years) (7-18 years) (19-25 years) (>25 years) 31 December 2025 Nucleus 39,503 47,155 185,451 78,088 64,404 414,601 10% 11% 45% 19% 15% 100% Plasma 9,796 5,087 29,360 12,618 59,893 116,754 9% 4% 25% 11% 51% 100%
Slide 15: Contact information
If you need further information, please contact: Golden Agri-Resources Ltd c/o 108 Pasir Panjang Road #06-00 Golden Agri Plaza Singapore 118535 Tel: +65 6590 0800 Golden Agri-Resources Fax: +65 6590 0887 www.goldenagri.com.sg golden-agri-resources-ltd Richard Fung - Director, Investor Relations @gol