SATS : Presentation Slides (1.9MB)

9M FY22 Performance

Review

23 February 2022

Disclaimer: The information contained in this document is intended only for use during the presentation and should not be disseminated or distributed to parties outside the presentation. SATS Ltd. accepts no liability whatsoever with respect to the use of this document or its contents. It is not to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. This material should be considered with professional advice when deciding if an investment is appropriate.

Forward looking statement - Important note

The following presentation contains forward-looking statements by the management of SATS Ltd. ("SATS"), relating to financial and

market trends for future periods.

Some of the statements contained in this presentation that are not historical facts are statements of future expectations with respect to

the financial conditions, results of operations and businesses, and related plans and objectives. Forward-looking information is based on management's current views and assumptions including, without limitation, prevailing economic and market conditions. These statements involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those in the statements as originally made. Such statements are not and should not be construed as a representation of future performance or commitment of SATS. In particular, any targets should not be regarded as a forecast or projection of future performance of SATS. It should be noted that the actual performance of SATS may vary significantly from such targets.

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Agenda

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Business Update

Group Financial Review

Q&As

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9MFY22 and Q-o-Q Operating Statistics

Flights Handled	Meals Served	Passengers Handled	Cargo Tonnage	Number of Employees
In Thousands	In Millions	In Millions	In '000 Tonnes	Number
+39.4%	+22.1%	+75.2%	+55.7%	-2.4%
			5.4	1,267.2	11.9
58.2	39.3			11.6
41.8	32.2			813.6
	3.1
Group	Group	Group	Group	Group
		9M FY21	9M FY22

																	14K
																459	13K
													3.6
			30.0											387	421	12K			12K
															11K
																	11K
								13.4	13.0					322	341				11K
							12.9
20.5				11.3	11.5	11.5					271
											221
14.6	13.4	13.9	14.3	9.4						1.8
						1.1
6.6										1.0	0.9	0.9
										0.2
1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22	1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22	1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22	1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22	1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22

*All statistics refer to Group (SATS and subsidiaries) unless indicated otherwise	4

Air cargo continues growth trajectory and drives revenue increase

• Global air cargo continued its robust growth in December, up 3.9% from November 2021, while cargo volumes in 2021 rose 18.7% year-on-year. Cargo tonne- kilometres (CTKs) for the Asia Pacific region in December 2021 grew 8.8% from December 2019

• Majority of SATS' cargo associates were profitable in 3Q

• 3Q cargo revenue improved 26.1% YoY and 4.1% QoQ

• 3Q cargo revenue growth was 17.3% of 3Q revenue growth

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Source: IATA Economics using data from IATA Monthly Statistics, December 2021	5