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YOUR WORLD MADE BETTER

YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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Page 1: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

YOUR WORLD

MADE BETTER

Page 2: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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Whether it’s celebrating life and friendships with our world-class beers, providing nutrition to families through our trusted food brands, or bridging cities and provinces, people and businesses, through power, fuel, and infrastructure—improving lives is the reason we exist.

We focus on being the best at the fundamentals of our business. For us, this means continuously finding better ways to serve our customers and the needs of our communities more efficiently, reliably, and economically. And, in doing so, providing superior, reliable returns for our shareholders.

Since we diversified our company some 10 years ago, we’ve gained vital experience—learned what we are good at as an organization, developed our capabilities, and worked out strategies to grow our core businesses and expand into new ones. Along the way we’ve built a profitable, thriving business that is so much a part of the fabric of Filipino’s everyday lives.

VISION We are San Miguel.

Guided by a strong sense of social, environmental, and economic responsibility, our businesses will lead efforts to deliver on national goals, setting the pace of progress in the Philippines.

MISSION To provide goods and vital services well within the reach of every Filipino, making everyday life a celebration.

VALUES“Malasakit”* manifests itself in everything we do.

• We do what is right We believe in profit with honor. For us, this

simply means consistently doing what is ethical, fair, and right.

• We believe in doing our best We will give every single person we touch

the best we can offer. We are passionate about our brands, products, and services.

• We take accountability for our decisions We hold ourselves accountable for

delivering results, we keep to our commitments, and we take responsibility for our actions.

• We think innovation Our innovation lends us agility and is

driven by our understanding of what our customers and stakeholders need.

• We help our people succeed We believe in treating each other

with respect. We cultivate a culture that recognizes the individuality and contributions of each of our employees, helping them to become productive and responsible members of society.

• We are a good neighbor We are a positive force in our communities.

We believe in doing what is good for the greatest number of people.

• We advocate sustainable development We believe in using only what we need and

integrating sustainability practices into our operations. Water stewardship, energy optimization, and reducing waste are our key environmental priorities.

*Malasakit, in Filipino culture, is having empathy, compassion, and care for others; it is the act of doing more than what is expected.

Page 3: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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In 1890, under a grant from the Spanish colonial government, La Fabrica de Cerveza de San Miguel, the first brewery in the Philippines and Southeast Asia, was established in the old San Miguel district of Manila.

For over a century, San Miguel Corporation would blaze a trail in Philippine business, pioneering products and industries that remain integral to today’s economy.

Where San Miguel set down roots, regional centers grew, bringing jobs, growth, and development.

By 2008, San Miguel was ready to blaze another trail—this time, by participating in key industries critical to a rapidly developing Philippine economy.

Today, San Miguel leads in industries that are the backbone of our country’s development, providing essential services that meet genuine, basic needs.

In much the same way our food and beverage products are part of everyday Philippine life, our investments in infrastructure fast track our growth as a nation. Our work towards advancing power security, lowering electricity rates, and developing cleaner, more environment-friendly fuels, are integral to progress and development.

Through our businesses, we are uniquely positioned to impact the lives of Filipinos in a meaningful way, every single day.

Established in 1890; over a century of experience

One of the Philippines’ largest and most diversified companies

One of the top Philippine conglomerates by revenues and assets

Over 100 facilities, with manufacturing and trading operations in the Philippines, Hong Kong, China, Indonesia, Vietnam, Thailand, Malaysia Australia, and New Zealand

Over P1 trillion in total assets.

Market leader in key Philippine industries.

Home to iconic brands.

One of the nation’s largest employers, with a direct workforce of over 24,000 employees.

Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel Foods Corporation, and Korea Water Resources Corporation.

WHO WE ARE

Page 4: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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Diversified platform with a broad exposure to the Philippine economy

Market-leading positions in key Philippine industries

Experienced, hands-on management team

Platform for significant future growth

Strong, established businesses that provide a sustainable stream of income and cash flow

Synergies across businesses

COMPETITIVE STRENGTHS

Beer

Liquor

Food

Packaging

Fuel and oil

Power

Infrastructure

Real estate

BUSINESSES

Our strategy for growth and creating value for our shareholders centers around five key pillars:

Enhancing the value of SMC’s core businesses

Diversifying into industries that underpin the growth of the Philippine economy

Identifying and pursuing synergies within and among businesses

Investing in, and developing businesses where the company can be a significant player

Adopting best practices and taking a portfolio view of the business

KEY STRATEGIES

Page 5: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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SOUTHEAST ASIA’S FIRST BREWER, MAKER OF THE PHILIPPINES’ MOST ICONIC BEER BRAND

San Miguel Brewery Inc. (SMB) is the largest producer of beer in the Philippines, with nine out of ten beer drinkers preferring its brands. For over a century, SMB has developed products that cater to the distinct tastes and preferences of beer drinkers across the Philippines and in the Asia-Pacific.

Today, it carries a complete portfolio that includes products in the premium, strong, popular, and economy categories: San Miguel Pale Pilsen, San Mig Light, Red Horse Beer, Cerveza Negra, Gold Eagle Beer, San Miguel Strong Ice, San Miguel Super Dry, San Miguel Premium All-Malt Beer, San Miguel Flavored Beer, San Mig Zero, and non-alcoholic beverages.

The company has six production facilities strategically located across the Philippines to ensure product availability and freshness, and a highly-developed distribution system serving close to half a million retail outlets.

Overseas, SMB subsidiary San Miguel Brewing International, Ltd. manages six breweries, namely in North and South China, Hong Kong, Thailand, Indonesia and Vietnam.

Largest beer producer in the Philippines with over 90% market share*

Most extensive distribution network in the country; cost leadership

SMB has a global presence. Its internationally-recognized brands are exported to over 50 countries worldwide.

*Global Data, 2016

SOUTHEAST ASIA’S FIRST BREWER, MAKER OF THE PHILIPPINES’ MOST ICONIC BEER BRAND

SOUTHEAST ASIA’S FIRST BREWER, MAKER OF THE PHILIPPINES’ MOST ICONIC BEER BRAND

Page 6: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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BREWERY1

INDONESIA

BREWERIES2

CHINA

BREWERY1

HONG KONG

BREWERY

THAILAND

1

PRODUCTION FACILITIES

6PHILIPPINES

First brewed in 1890, San Miguel Pale Pilsen, one of the country’s most iconic brands, continues to win prestigious awards such as the Grand Gold medal from the Monde Selection of Brussels, Belgium.

D O M E S T I C & I N T E R N AT I O N A L B R A N D S

G E O G R A P H I C A L F O O T P R I N T

UPPERPREMIUM ECONOMY

UPPERPOPULARPREMIUM POPULAR

NON-ALCOHOLIC

HONGKONGSOUTHCHINA INDONESIA

NORTH CHINA THAILAND

BREWERY1

VIETNAM

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Ginebra San Miguel Inc. is among the largest-selling gin brands in the world. At over 180 years old, it’s also one of the most enduring brands in the Philippines.

GSMI, which is 78.27% owned by San Miguel Corporation, boasts of a portfolio stacked with famous brands that cater to multi-generational drinkers: Ginebra San Miguel, Ginebra San Miguel Premium Gin, G.S.M. Blue, G.S.M. Blue Flavors, Primera Light Brandy, Vino Kulafu, Antonov Vodka, and Añejo Gold Medium Rhum.

Leader in the gin segment in the domestic liquor market

Competitive pricing through production and distribution efficiencies

AMONG THE WORLD’S LARGEST-SELLING GIN BRANDS

AMONG THE WORLD’S LARGEST-SELLING GIN BRANDS

Page 8: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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PREMIUM POPULAR ECONOMYUPPERPOPULAR

P R O D U C T P O R T F O L I O

G E O G R A P H I C A L F O O T P R I N T

Ginebra San Miguel, first produced in 1834 by a family-owned distillery in Manila, is among the largest-selling gin in the world today.

KANCHANABURI

BOTTLING PLANT& DITILLERY

THAILAND

CAUAYAN, ISABELA

BAGO, NEGROS OCCIDENTAL

CABUYAO, LAGUNA

MANDAUE, CEBU

SANTA BARBARA, PANGASINAN

LIGAO, ALBAY

BOTTLING PLANTS

PHILIPPINES

DISTILLERY

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San Miguel Food and Beverage, Inc. (formerly San Miguel Pure Foods Company, Inc.) is one of the leading and most diversified food companies in the Philippines. Offering a broad range of high-quality food products and services for households, institutional, and food service customers, it holds leading positions across various food categories.

It is also home to some of the country’s most recognizable food brands:

Magnolia, for chicken, ice cream, and dairy products

Monterey, for fresh and marinated meats

Emperor, for flour

Purefoods and Star, for refrigerated processed meats and canned meats

Star and Dari Crème, for margarine

San Mig Coffee, for coffee

B-Meg, for animal and aquatic feeds

La Pacita, for biscuits

With a highly-diverse product portfolio that caters to a broad base of consumers, SMPFC also boasts of a multi-channel distribution network that is considered to be one of the most extensive in the Philippines.

THE LARGEST AND MOST DIVERSIFIED FOOD COMPANY IN THE PHILIPPINES

SAN MIGUEL FOOD AND BEVERAGE, INC.

Page 10: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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B R A N D P O R T F O L I O

Among San Miguel Food and Beverage, Inc.’s thrusts is to help entrepreneurs grow their business by providing them a wide array of food service solutions that are fully customizable to meet their needs.

PLANTATIONS

FEED MILLING

ANIMAL GROWING

PROCESSING

SALES AND DISTRIBUTION

VERTICALLY-INTEGRATED MEATS BUSINESS MODEL

STRONG COMMITMENT TO PRODUCT INNOVATION

Benefits to consumers:

Convenience (Ready-to-eat and fully cooked)

Healthy options

Wide range of product choices

Value for money

Page 11: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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San Miguel Yamamura Packaging Group (SMYPG), the country’s largest packaging company, provides total packaging solutions to major multinational corporations as well as customers in the Asia-Pacific region, the United States, South Africa, Australia, and the Middle East.

It is the market leader in all its product formats—glass, paper, plastics, metals, molds, aluminum cans, PET, and flexibles. With its state-of-the-art manufacturing facilities, SMYPG serves the needs of various businesses in the food, pharmaceutical, chemical, beverage, and personal care industries.

The largest packaging operations in the Philippines, with facilities in China, Malaysia, Vietnam, Australia, and New Zealand

Market leader in glass, plastics, metals, flexibles, PET, molds, and paper

Manages state-of-the-art manufacturing facilities and best manufacturing processes

It has technical partnerships with global packaging players such as Nihon Yamamura Group and Fuso of Japan

Compliant with global standards, recognized by key multinational and domestic customers

THE LARGEST PACKAGING COMPANY IN THE PHILIPPINES, WITH A GLOBAL CLIENTELE

THE LARGEST PACKAGING COMPANY IN THE PHILIPPINES, WITH A GLOBAL CLIENTELE

Page 12: YOUR WORLD MADE BETTER - San Miguel Corporation · Strategic partnerships with major international companies such as Kirin Brewery Co., Ltd., Nihon Yamamura Glass, US-based Hormel

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S E G M E N T S

GLASSSan Miguel Yamammura Haiphong Glass Co., Ltd.

METALSan Miguel Yamamura Phu Tho Packaging Co., Ltd.

FLEXIBLESSan Miguel Yamammura Packaging & Printing Sdn. Bhd.

San Miguel Yamammura Plastic Films Sdn. Bhd.San Miguel Yamammura Woven Products Sdn. Bhd.Packaging Research Centre

PLASTICSCospak Plastics Pty. Ltd.

TRADINGCospak Pty. Ltd.

WINE CLOSURES & BOTTLESBarossa Bottling Services Pty. Ltd.Portavin Holdings Pty. Ltd.Best Bottlers Pty. Ltd.

VIETNAM

MALAYSIA

AUSTRALIA

GLASSManila Glass PlantCebu Glass PlantSan Miguel Yamamura Asia Corporation

SMC Yamamura Fuso Molds Corporation

METALMCLP San FernandoCanlubang Metal Caps PlantMCLP CebuCanAsia Inc.

PLASTICSManila Plastics PlantLeasing Operations

PETCanlubang PET and Caps PlantSan Fernando Beverage Packaging Plant

Cebu Beverage Packaging Plant

FLEXIBLESRightpak Plant

PAPERMindanao Corrugated Fibreboard Inc.

PLASTICS/TRADING Cospak Ltd.

GLASSZhaoqing San Miguel Yamamura Glass Co. Ltd.

PLASTICSFoshan San Miguel Yamamura Packaging Co. Ltd.

PAPERCospak China

CHINA

PHILIPPINES

NEW ZEALAND

G E O G R A P H I C A L F O O T P R I N T

GLASS METAL COMPOSITE PLASTICS PET PAPER CORK

San Miguel Yamamura Packaging provides glass, metal, paper, composites, plastics, molds, flexibles, and PET packaging products to a wide variety of industries.

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Petron Corporation, the largest oil refining, distribution, and petrochemicals company in the Philippines, is also a strong major player in Malaysia.

In the Philippines, where it supplies nearly 40% of the country’s oil requirements, it operates an integrated oil refinery complex with a rated capacity of 180,000 barrels per day.

The plant’s ISO-14001-certified refinery processes crude oil into a full range of petroleum products including gasoline, diesel, liquefied petroleum products (LPG), jet fuel, kerosene, industrial fuel oil, and petrochemical feedstock such as benzene, toluene, mixed xylene, and propylene.

Petron in the Philippines boasts of an extensive distribution network and a service station network of about 2,400 stations. It supplies fuel oil, diesel, and LPG to various customers, and jet fuel at key airports for international and domestic carriers. It also exports various petroleum and non-fuel products to Asia-Pacific countries such as Japan, India, Malaysia, Singapore, South Korea, Thailand, Pakistan, and even the United Arab Emirates.

In Malaysia, it operates an integrated refining facility with a rated capacity of 88,000 barrels per day. It produces gasoline, diesel, lubricants, LPG, industrial and commercial fuels, and aviation fuel.

THE LARGEST OIL REFINING, DISTRIBUTION, AND PETROCHEMICALS COMPANY IN THE PHILIPPINES

THE LARGEST OIL REFINING, DISTRIBUTION, AND PETROCHEMICALS COMPANY IN THE PHILIPPINES

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Integrated refining capacity in Bataan, Philippines

The largest and most advanced petroleum refinery

complex in the Philippines

Integrated refining capacity in Dickson, Malaysia

BARRELSPER DAY

180kBARRELSPER DAY

88k 30

10

DEPOTS

PRODUCT TERMINALS

TERMINALSAIRPORT INSTALLATIONS

PHILIPPINES

MALAYSIA

2,400

600SERVICE STATIONS

SERVICE STATIONS

PHILIPPINES

MALAYSIA

R E F I N I N G D I S T R I B U T I O N M A R K E T I N G

After completion of US$2 billion upgrade in 2016, the Petron Bataan Refinery is now able to fully utilize its 180,000 bpd daily capacity. Capable of processing a wide variety of crude, it produces high-margin fuels that meet global emission standards.

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SMC Global Power Holdings Corp. is one of the largest vertically-integrated power companies in the Philippines. It has a full spectrum of power businesses comprised of Independent Power Producer Administrator (IPPA) contracts for the country’s major power generation plants and greenfield power facilities.

It holds 19% market share in the national grid, 25% in the Luzon grid, and 9% in the Mindanao grid.*

Its portfolio includes IPPA agreements for the 1,000 MW Sual coal-fired power plant, the 1,200 MW gas-fired Ilijan power plant, the 345 MW San Roque hydroelectric power plant. It also includes a joint-venture for the 218 MW Angat Hydro Power Plant.

In 2017, SMC Global Power completed and started operating two new greenfield power facilities: the Limay, Bataan Plant with up to 600 MW capacity, and the Malita, Davao Plant with a 300 MW capacity.

Both facilities utilize Circulating Fluidized Bed (CFB) clean coal technology which drastically cuts emission levels.

In March, 2018, the company completed its acquisition of the Masinloc Power Plant in Zambales, with an operating capacity of 630 MW. The transaction also includes the ongoing power project expansion of a 335 MW unit known as Unit 3, and the 10 MW battery energy storage project.

With its diversified power portfolio, SMC Global Power has a strong platform for future growth and is well-positioned to capitalize on the growing power needs of the Philippines.

A DIVERSIFIED POWER COMPANY AND ONE OF THE COUNTRY’S LARGEST POWER GENERATORS

*Based on ERC Resolution no. 4, series of 2018

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P OW E R P O R T F O L I O

1,000 MW

1,200 MW

630 MW

345 MW

300 MW

218 MW

600 MW

SUAL COAL PLANT

MASINLOC COAL PLANT

LIMAY CFB* COAL PLANT

DAVAO CFB* COAL PLANT

SAN ROQUEHYDRO PLANT

ANGATHYDRO PLANT

ILIJANNATURAL GASPLANT

Established in 2008, SMC Global Power Holdings Corporation is now one of the largest power companies in the Philippines, with a diversified portfolio utilizing a mix of coal, natural gas, and hydroelectric power plants.

*Circulating Fluidized Bed (CFB) technology is a technology that enables significantly lower emission of pollutants.

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MANAGES THE PHILIPPINES’ LARGEST INFRASTRUCTURE NETWORK

SMC Infrastructure manages, operates, and develops the country’s largest network of major infrastructure assets, including toll roads, mass rail systems, an airport, and a bulk water utility.

Holds investments in companies with long-term concessions to major infrastructure assets in the Philippines

Manages and operates the largest network of tollroads in Luzon

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Tarlac-Pangasinan-La Union Expressway (TPLEx)

89.208-kilometer, four-lane expressway extending from Tarlac to La Union in the Luzon region

With eight interchanges, it also features bridges, overpasses, drainage structures, toll plazas, traffic and safety features, and O&M facilities

Concession period of 35 years, or until 2043

ROSARIO

POZZORUBIO

URDANETA

CARMEN

MONCADA

PANIQUI

GERONA

VICTORIA

TARLAC CITY

T A R L A C

N U E V A E C I J A

P A N G A S I N A N

L A U N I O N

SMC Infrastructure’s interconnected road and rail projects is the country’s largest infrastructure network.

P A N G A S I N A N

T A R L A C

P A M P A N G A

Z A M B A L E S

M A N I L A

C A V I T E

N U E V A E C I J A

B U L A C A N

Q U E Z O N

B A T A N G A S

TPLEX

MRT7

SKYWAY

NAIAx

SLEX

STAR

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Skyway Stages 1 and 2

Combined 16.16 kilometer-elevated expressway from Alabang to the Makati Central Business District

13.43 kilometers at-grade section of the South Luzon Expressway from Alabang to Magallanes

Concession period of 30 years or until 2041

BUENDIA

MAGALLANES

NAIA

BICUTAN

SUCAT

SL

EX

EDSA

ALABANG

T A G U I G

M A K A T I

P A S A Y

P A R A Ñ A Q U E

L A S P I Ñ A S

M U N T I N L U P A

Skyway Stage 3 Project

14.82-kilometer elevated expressway with eight access points

Extends existing Skyway from Makati to Balintawak, connecting the South Luzon Expressway to the North Luzon Expressway

Concession period of 30 years upon issuance of toll operation certificate

BALINTAWAK

QUEZON AVE.

SGT. RIVERA

E. RODRIGUEZ AVE.

AURORA BLVD.

PLAZA DILAO

QUIRINO AVE.

OSMEÑA / BUENDIA

EDSA

NL

EX

C A L O O C A NC I T Y

Q U E Z O NC I T Y

M A N D A L U Y O N GC I T Y

M A K A T IC I T Y

M A N I L A

SLEX

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Southeast Metro ManilaExpressway (Skyway Stage 4)

58.09 km, stretch from Skyway FTI, Paranaque City to San Jose Del Monte, Bulacan.

Combination of mostly at-grade and elevated expressway.

Phase 1 of its alignment will connect to Skyway Stage 1 at FTI and terminates at the Batasan Complex.

Phase 2 is a continuation of the expressway starting at Marcos Highway, crossing Rodriguez to San Jose Del Monte Bulacan, leading to the MRT 7 Project. This includes access to Lower Bicutan.

Concession period of 30 years from start of operations.

SAN JOSE DEL MONTE

RODRIGUEZ

LUZON AVE.

C A L O O C A NC I T Y

V A L E N Z U E L AC I T Y

N L E X

M R T 7

Q U E Z O N C I T Y

S A N M A T E O

C O M M O N W E A L T H

M A R I K I N A

E D S A

S K Y W A Y S T A G E 3

S K Y W A Y S T A G E 1 & 2

M A N D A L U Y O N G

S L E X

C A I N T A

BATASAN

TUMANA

SAN MATEO

MARCOS HIGHWAY

ORTIGAS AVE. EXT

C5/DIEGO SILANG

C6/TAGUIG

LOWER BICUTANSLEX/FTI JUNCTION

NAIA Expressway (NAIAx)

5.4-kilometer, four-lane elevated expressway that provides access to Ninoy Aquino International Airport Terminals 1,2,3

Interface with Skyway and Cavitex

With 13 entrance and exit ramps and four connecting ramps

Concession period of 30 years from commencement date

RO

XA

S B

LVD

.

MA

CA

PAG

AL B

LVD

.

DIO

KN

O B

LVD

. EDSA

SKY

WAY

CA

VIT

EX NIN

OY

AQ

UIN

O A

VE.

QU

IRIN

O A

VE

.

P A G C O RE - C I T Y

N A I A T 1

N A I A T 2

N A I A T 3

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South Luzon Expressway – TR4 Project

56.862-kilometer, four-lane toll road that will extend SLEX from Sto. Tomas, Batangas to Lucena City in Quezon province

Concession period of 30 years upon completion

STO. TOMAS

MAKBAN

SAN PABLO CITY

TIAONG

CANDELARIASARIAYA

LUCENA

SLEXS

TAR

L A G U N A

Q U E Z O N

B A T A N G A S

South Luzon Expressway (SLEx)

36.1-kilometer expressway from Alabang Viaduct to Sto. Tomas, Batangas

13 access points connecting residential developments, commercial and industrial zones, and tourist spots in Greater Manila and the provinces of Laguna, Cavite, and Batangas

Concession period of 30 years or until 2036

M U N T I N L U P A

C A V I T E

L A G U N A

B A T A N G A S

FILINVEST

SUSANA HEIGHTS

SAN PEDRO

SOUTHWOODS

CARMONA

MAMPLASAN

SANTA ROSA

MALITLIT

CABUYAO

SILANGAN

CANLUBANG

BATINO

CALAMBA CITY

STO. TOMAS

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22-kilometer light rail transit from Quezon City to San Jose del Monte, Bulacan

Will link with LRT-1 and MRT-3

Envisioned to operate 108 rail cars, with a daily capacity of 448,000 to as many as 850,000 passengers

Includes an intermodal transport terminal that can accommodate up to 60 buses and other public utility vehicles

Also includes a 22-kilometer, six-lane access road to the North Luzon Expressway

Concession period of 25 years from issuance of Certificate of Substantial Completion

NLEX BOCAUE EXIT

MRT7 ROAD COMPONENT

NLEX

ED

SA

QUEZON MEMORIAL

UNIVERSITY AVE.

TANDANG SORA

DOÑA CARMEN

DON ANTONIO

BATASAN

MANGGAHAN

REGALADO

MINDANAO

QUIRINO

SACRED HEART

TALA

SAN JOSE DEL MONTEINTERMODAL TRANSPORT

TERMINAL

NORTH AVE.

Mass Rail Transit 7 (MRT 7) ProjectSouthern Tagalog Arterial Road (STAR)

41.9-kilometer highway with four lanes and six interchanges from SLEX in Sto. Tomas, Batangas to Batangas City

Concession period of 30 years or until 2035

STO. TOMAS

TANAUAN

MALVAR

LIPA CITY

IBAAN

BATANGAS CITYS

LE

X

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Boracay Airport Project

Upgrading, expansion, and redevelopment of old Caticlan Airport, which includes extension of the runway and construction of a new and much larger passenger terminal

As the gateway to Boracay, the Philippines’ top tourist destination, the airport will meet international standards, and have adjunct amenities and facilities

Runway extension to 1.8 kilometers has been completed; commercial jet operations started 2Q 2016

Concession period of 25 years or until 2038

Bulacan Bulk Water Supply Project

Construction, operation, and management of water treatment facilities that will supply potable water to 24 water districts in Bulacan province

Concession period of 30 years

NORZAGARAY

DOÑA REMEDIOS TRINIDAD

SAN MIGUEL

SAN ILDEFONSO

SAN RAFAEL

STA MARIA

BULACAN

BUSTOSPULILAN

CALUMPIT

MALOLOSCITY

PLARIDEL

M A N I L A B A Y

P A M P A N G A

R I Z A L

M E T R O M A N I L A

ANGAT

MARILAO

BALIUAG

SAN JOSE DEL MONTE CITY

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Manila North Harbor

52-hectare port facility in Tondo, Manila

Has a total quay length of 5,200 meters and has 41 berths which can accommodate all types of containerized and non-container vessels

Phase 1 of the rehabilitation and modernization of Manila North Harbor (2011-2017) involves the construction of a new passenger terminal, the upgrade of passenger terminal facilities, and development of berth facilities

Phase 2 (2021-2025) includes the construction of support facilities for cargo handling operations and reclamation of Pier 12 and Slip 13

San Miguel Properties, Inc., the real estate arm of San Miguel Corporation, provides affordable and quality housing for Filipinos, with developments that adapt to, and answer the needs of their changing lifestyles.

Established in 1990, originally as an asset management company, SMPI has expanded its portfolio to include residential developments that cater to different markets—from starting families, to middle- and upper-income customers, foreign buyers, to the premium, serviced residences clientele.

PROJECTS

San Miguel Head Office Complex, Mandaluyong

One Dover View, Mandaluyong

Two Dover View, Mandaluyong

Dover Hill, San Juan

Emerald 88, Pasig

Makati Diamond Residences, Makati

Asian Leaf, General Trias, Cavite

Maravilla, General Trias, Cavite

Bel Aldea, General Trias, Cavite

Wedgewoods, Sta. Rosa, Laguna

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At San Miguel, we don’t see strategy and corporate social responsibility as separate. At the heart of the relationship between our businesses and society isn’t just the charitable and philanthropic deeds that we do, but business imperatives that are aligned to social issues.

San Miguel Foundation focuses on the key pillars of our company’s social development agenda—education, housing, health and nutrition, environmental stewardship, disaster management, community enterprise and development, capacity-building, and volunteerism.

In working to uplift the lives of underprivileged Filipinos, San Miguel’s objective is to provide them the means and capability to fulfill their potential and participate in, and contribute to, our country’s growth.

SOCIAL DEVELOPMENT

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CONTACT USCORPORATE HEAD OFFICESAN MIGUEL CORPORATION40 San Miguel Avenue, Mandaluyong City1550 Metro Manila, PhilippinesP.O. Box 271 Manila Central Post OfficeT (632) 632-3000

SAN MIGUEL CUSTOMER CARE CENTERSan Miguel Customer Care HotlineT (632) 632-2000F (632) 632-3299 routing code 2005Toll Free 1-800-1888-7621Email: [email protected]

SHAREHOLDER SERVICES AND ASSISTANCESMC STOCK TRANSFER SERVICE CORPORATION40 San Miguel Avenue, Mandaluyong City1550 Metro Manila, PhilippinesT (632) 632-3450 to 52F (632) 632-3535Email: [email protected]

INSTITUTIONAL INVESTOR INQUIRIESSMC - Investor RelationsT (632) 632-3752/ 632-3422F (632) 632-3313/ 632-3749Email: [email protected]

OUR WEBSITEhttp://www.sanmiguel.com.ph

In March 2017, San Miguel Corporation announced its biggest sustainability initiative to date—the reduction of its domestic and utility use of water by 50% by 2025. To meet this target, the company employs a number of measures, including: conservation, water recycling, and utilization of non-scarce sources such as rainwater, harvested “gray” water, and seawater.

SMC’s water use reduction program is part of an ambitious push to further integrate sustainability into the conglomerate’s business strategy.

In September 2017, San Miguel exited the plastic bottled water business to reduce its environmental footprint. It’s the first time a business was discontinued to support the company’s sustainability goals.

Our long-term goal is to have as little impact on the environment as possible while continuing to meet the needs of those who depend on the products and services we provide.

SUSTAINABILITY

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www.sanmiguel.com.ph