FY2019

Results Presentation

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Disclaimer

This presentation does not constitute, or form any part of any offer for sale or subscription of, or solicitation of anyoffer to buy or subscribe for, any securities in Cordlife Group Limited (“Cordlife”) in Singapore or any other jurisdictionnor shall it or any part of it form the basis of, or be relied on in connection with, any investment decision, contract orcommitment whatsoever in this or any jurisdiction. This presentation may contain forward-looking statements thatinvolve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materiallyfrom those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions.You are cautioned not to place undue reliance on these forward-looking statements, if any, which are based on thecurrent view of management on future events. The information contained in this presentation has not beenindependently verified. No representation or warranty expressed or implied is made as to, and no reliance should beplaced on, the fairness, accuracy, completeness or correctness of the information or opinions contained in thispresentation. Neither Cordlife or any of its affiliates, advisers or representatives shall have any liability whatsoever (innegligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use, reliance ordistribution of this presentation or its contents or otherwise arising in connection with this presentation. The pastperformance of Cordlife is not indicative future performance. The value of shares in Cordlife (“Shares”) and theincome derived from them may fall as well as rise. Shares are not obligations of, deposits in, or guaranteed by,Cordlife or any of its affiliates. An investment in Shares is subject to investment risks, including the possible loss of theprincipal amount invested.

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Content

Overview1

Corporate Developments

Financial Highlights

Growth Strategies & Outlook

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4

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Overview

Business Overview – Operating Segments

⚫ Collection at birth, processing,

testing, cryopreservation and storage

of stem cells from the umbilical cord

blood – Haematopoietic Stem

Cells (HSCs)

Cord Blood Banking

⚫ Collection, processing, testing,

cryopreservation and storage of the

umbilical cord lining - Mesenchymal

stem cells (MSCs) and Epithelial stem

cells (EpSCs)

⚫ Patented technology – Exclusive license

from CRC.

Cord Lining Banking

⚫ A non-invasive, early detection test specially

designed to screen inherited metabolic

disorders in newborns.

Non-invasive Newborn Metabolic Screening

Banking Diagnostics

⚫ Catered for expectant women in their 1st

trimester

⚫ Analyses cell free foetal DNA in mother’s blood

to detect foetal chromosomal abnormalities

using whole genome sequencing

Non-Invasive Prenatal Testing (NIPT)

⚫ Non-invasive detection of vision problems in

children

⚫ Catered for children as early as 6 months to 6

years old

⚫ Instant results provided to enable early

intervention

Paediatric Vision Screening

Cord Tissue (Wharton’s Jelly) Banking

⚫ A whole-exome genetic test that cross-

analyses genetic information within the family

to let them take steps to delay, manage or

even prevent the onset of the condition/s that

they are predisposed to

Family Genetic Testing

⚫ Collection, processing, testing,

cryopreservation and storage of the

umbilical cord tissue - Mesenchymal

stem cells (MSCs)

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Singapore Hong Kong India Philippines Indonesia Malaysia

1. Cordlife Cordlife Lifecell Cordlife Cordlife Cryocord

2. StemCord Cryolife CryoBanks Stemcord Babybanks Cordlife

3. Cryoviva Prostemcell Cordlife Globetek Stemcord Cellsafe

Total # of

Companies4 6 12 4 6 3

India

Myanmar

Thailand

Vietnam

Malaysia

Singapore

Indonesia

Hong Kong

Philippines

Banking Services

Diagnostics Services

Cordlife’s Headquarters

Cordlife’s Subsidiaries

Cordlife’s Associate

Cordlife’s Marketing Agents

Our ReachBusiness Overview – Market Presence

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Bangladesh

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Corporate Developments

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Corporate Developments

Cordlife Becomes First Cord Blood Bank in Indonesia to Achieve Global AABB Accreditation

(6 November 2019)

About

- A testament of the Group’s commitment to providing the highest quality service to help expectant families store

their babies’ cord blood for future medical use.

- Along with Cordlife Indonesia’s latest achievement, all cord blood banking facilities under the Group are fully

accredited by AABB

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Financial Highlights

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FY2019 Results Summary

REVENUE

S$61.6 million0.3% y-o-y

GROSS PROFIT

S$39.7 million3.5% y-o-y

GP MARGIN

64.5%2.0 pp y-o-y

NET PROFIT

S$6.5 million+331.1% y-o-y

NET PROFIT MARGIN

10.5%+8.1 pp y-o-y

NET CASH1

S$49.7 million+S$11.0 million from 31 Dec 18

1: Includes cash and cash equivalents, fixed deposits and short-term investments less interest-bearing borrowings (current and non-current)

S$ mil

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Financials – Revenue

%

49.1 57.6

59.6

92.9

105.0

61.4 61.6

0

20

40

60

80

100

120

FY2014* FY2015* FY2016* 18M2017* 18M2018* FY2018# FY2019#

* Prepared in accordance with FRS18 – Revenue. # Prepared in accordance with SFRS(I) 15 – Revenue from Contracts with Customers.

S$ mil

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Financials – Gross Profit

%

34.9 40.0 39.5

60.8

71.1

38.3 39.7

71.169.4

66.3 65.467.7

62.564.5

10.0

25.0

40.0

55.0

70.0

0

10

20

30

40

50

60

70

80

90

FY2014* FY2015* FY2016* 18M2017* 18M2018* FY2018# FY2019#

Gross Profit Gross Profit Margin

* Prepared in accordance with FRS18 – Revenue. # Prepared in accordance with SFRS(I) 15 – Revenue from Contracts with Customers.

%%

%%%

%%

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Financials – Operating profit after tax

S$ mil

7.6

5.0

2.2

2.8

5.2

1.2

5.8

15.5

8.7

3.7 3.05.0

1.9

9.5

-60

-45

-30

-15

0

15

0

1

2

3

4

5

6

7

8

9

10

FY2014* FY2015* FY2016* 18M2017* 18M2018* FY2018# FY2019#

Net Profit Net Profit Margin

* Prepared in accordance with FRS18 – Revenue. # Prepared in accordance with SFRS(I) 15 – Revenue from Contracts with Customers.

%%%%%

%

%

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Financials – Balance Sheet

S$’ mil As at 31 Dec 2019 As at 31 Dec 2018

Net Assets 129.3 123.8

Borrowings 4.3 4.6

Gearing1 (%) 3.3 3.7

Cash & Cash Equivalents, Fixed

Deposits and Short-term Investments54.0 43.3

Net Asset Value Per Share (SG cents) 50.89 48.86

1: Total Borrowings/Total Equity

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Financials – Cash Flow

S$’ mil As at 31 Dec 2019 As at 31 Dec 2018

Net cash generated from operating activities 11.6 7.6

Net cash generated from/(used) in investing

activities4.9 (12.6)

Net cash used in financing activities (12.1) (6.9)

Cash & cash equivalents at end of the

financial period14.8 10.9

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Growth Strategies

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Growth Strategies

• To increase penetration rate/market share

• To increase market depth

• To facilitate development of stem cell ecosystem

• To create new engines of growth

M&A

Organic Growth

• Synergistic with current business

• Earnings accretive

• Targeting Asia

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Thank you