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© KLN Logistics Group Limited. All rights reserved. INTERIM RESULTS 2026 KLN Logistics Group Limited 0636.HK © KLN Logistics Group Limited. All rights reserved.
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2026 INTERIM RESULTS1 © KLN Logistics Group Limited. All rights reserved. This presentation was prepared for reference and general information purposes only. This presentation is not intended to and does not constitute investment advice, recommendation, invitation or offer to enter into, any agreement to purchase, acquire, dispose of, subscribe for, underwrite or in any other way, deal with any securities, shares, debentures or structured products. The information contained in this presentation comprises extracts of operational data and financial information of the Company. The information is included solely for this presentation and certain information has not been independently verified. No representation or warranty, expressed or implied, is made with respect to, and no reliance should be placed on, any discussion, materials and information provided in and during the presentation (collectively, the “Information”) as to their accuracy, completeness, validity, timeliness, correctness, or fairness. It is not the intention to provide, and you may not rely on the Information as providing, a complete or comprehensive analysis of the Company's financial or trading position or prospects. Potential investors and shareholders of the Company are particularly reminded that any reference to past performance should not be taken as an indication of future performance. The Information (including without limitation all estimates, forecasts, projections, expectations, outlooks and opinions contained in this presentation) is subject to change without notice. This presentation may not contain all material information concerning the Company and is not intended to provide the sole basis of any evaluation of the Company and its subsidiaries or the securities discussed herein. This presentation may contain forward-looking statements, forecasts and/or projections. Statements that are not historical facts, including statements about the Company’s belief and expectations are forward-looking statements. Any forward-looking statements, forecasts and projections contained in this presentation are based on certain assumptions and expectations of future events (which may or may not be included in this presentation) regarding the Company's present and future business strategies and the environment in which the Company will operate, and must be read together with those assumptions. The Company does not guarantee that these assumptions and expectations are accurate or will be realized. Actual future performance, outcomes and results may differ materially from those expressed in such forward-looking statements, forecasts and projections as a result of a number of risks, uncertainties and assumptions. Although the Company believes that such forward-looking statements, forecasts and projections are based on reasonable assumptions, it can give no assurance that such expectations will be met. None of the Company, nor any of its holding companies, subsidiaries, associated undertakings, joint ventures, controlling persons or affiliates, or any of their respective directors, officers, partners, employees, agents, advisors or representatives (collectively, the “Affiliates and Representatives”) assumes any responsibility to update any forward-looking statements, forecasts and projections or to adapt them to future events or developments. In no event shall the Company, or any of the Affiliates and Representatives have any liability or responsibility whatsoever (whether directly or indirectly, expressly or by implication, in contract, tort, by statute or otherwise) for any decisions taken based upon this presentation, the Information or for any loss howsoever arising from any use of or reliance upon the whole or any part(s) of this presentation (including without limitation, any forward-looking statements) or the Information or otherwise arising in connection with this presentation or the Information. D I S C L A I M E R 2026 INTERIM RESULTS1
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© KLN Logistics Group Limited. All rights reserved. 2 0 2 6 I N T E R I M F I N A N C I A L H I G H L I G H T S ( i n H K $ ’ M ) Core Operating Profit 8%1,236 Core Net Profit 2%695 Interim Dividend 12 HK CENTS PER SHARE Profit Attributable To The Shareholders 4% 674 Gearing 48.8% GROSS 15.8% NET © KLN Logistics Group Limited. All rights reserved. Revenue 10%29,851 10% IL 7,743 10% IFF 22,108 Consolidation
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2026 INTERIM RESULTS3 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. M A R K E T F O R C E S R E S H A P I N G L O G I S T I C S Geopolitical & tariff pressure Geopolitical tensions, tariff uncertainty and uneven growth across major markets redefined the global landscape Middle East disruption Route disruptions across air and ocean freight with lifted fuel costs to drive freight rate volatility “China Plus One” shift Supply chain diversification accelerated sourcing and production shifts across Asia AI-infrastructure demand Technology reshoring and AI related demand sustained strong Asia-to-US volumes
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2026 INTERIM RESULTS4 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. K L N R E S P O N S E T O M A R K E T D Y N A M I C S STRATEGIC RESPONSE Cost discipline Apply cost-control measures to enhance efficiency and safeguard resilience Network agility Adapt to evolving supply chains with a diversified network, wider services and customer-centric solutions KLN 2.0 scale-up Leverage KLN 2.0 to drive business scale INTEGRATED LOGISTICS Accelerate new customer acquisition in core markets Capture supply chain diversification opportunities in Malaysia, Vietnam, Cambodia and Thailand Deepen offerings into higher-value verticals — cold chain, commodity transportation, high-tech etc. Drive productivity through automation and AI adoption INT’L FREIGHT FORWARDING Delivered mid-teens volume growth on rising Asia exports across all key trade lanes Benefited from supply chain diversification and tariff-driven front- loading Maintain No.1 NVOCC on the Asia-US trade lane Create synergy with SF to capture air freight demand growth Improve productivity through deploying Agentic AI in processes
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2026 INTERIM RESULTS5 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. Hong Kong 26% Asia Pacific 46% Chinese Mainland 28% IL Segment Profit - By Region R E V E N U E & S E G M E N T P R O F I T I N T E G R A T E D L O G I S T I C S (in HK$'M) 1H25 1H26 7,743 9,232 Revenue (Before Elimination) 713 665 1H25 1H26 Segment Profit +19% -7% Driven by significant new account wins in Hong Kong and the Chinese Mainland Profit affected by start up cost of new implementation, market rate reductions, destocking, fuel costs and investment in commercial capabilities Ongoing focus on warehouse automation and AI adoption to enhance operational efficiency 1H26
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2026 INTERIM RESULTS6 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. R E V E N U E & S E G M E N T P R O F I T I N T ’ L F R E I G H T F O R W A R D I N G Segment Profit - By Region Hong Kong 2% Asia Pacific 18% Chinese Mainland 43% EMEA 20% Americas 17% IFF 1H25 1H26 Revenue (Before Elimination) 919 855 1H25 1H26 Segment Profit +12% -7% (in HK$'M) 23,343 26,069 Strong air and ocean volumes drove revenue growth Competition, fuel costs pressure from some key customers and expansion investments impacted results Industrial project logistics in EMEA and airfreight synergies with S.F. Holding building momentum as key strategic drivers 1H26
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2026 INTERIM RESULTS7 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. (in HK$’M) 1H25 1H26 YoY Core operating profit 1,348 1,236 -8% • Interest Income • Finance expense • Share of results associates and a JV • Taxation* 66 (267) 29 (327) 61 (221) 58 (282) -7% -17% +95% -14% Profit for the period* • Non-controlling interests* 849 (168) 852 (157) - -7% Core net profit 681 695 +2% • Changes in fair value of investment properties, net of deferred tax (28) (21) -25% Profit attributable to the Shareholders and holders of perpetual convertible securities 653 674 +3% • Holders of perpetual convertible securities (5) - - Profit attributable to the Shareholders 648 674 +4% E A R N I N G S I M P R O V E M E N T * Excluding the change in fair value of investment properties and its related deferred tax. Improvement in finance expense Consolidate the loans to secure lower borrowing rate and optimise treasury management Lower the effective tax rate Simplify our tax structure and maximise the allowance Increase in core net profit Stringent approach in managing the finance expense and cost control
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2026 INTERIM RESULTS8 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. As at 31 Dec 2025 As at 30 Jun 2026 6,340 5,959 8,843 8,819 17,719 18,079 Cash(1) Debt(2) Shareholders’ Equity 31 Dec 2025 30 Jun 2026 EBITDA / Bank interest 10.7x 12.5x Debt / EBITDA 2.0x 2.1x Debt Ratios Gross 49.9% 48.8% Net 14.1% 15.8% Gearing Ratios S O L I D F I N A N C I A L P O S I T I O N (1) Cash at bank and in hand (2) Total bank loans and overdrafts (3) Net cash from operating and investing activities 1H 2025 1H 2026 1,297 539 Free Cash Flow (3) in HK$'M Improvement in debt position Disciplined management to reduce the outstanding debt balance and interest expenses Slight increase in shareholders’ equity Shareholders' equity improved slightly, driven by higher retained profits Change in cash flow position Volatile freight markets and strong air freight demand affected business mix and receivables timing, with normalisation expected in 2H2026 (in HK$'M)
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2026 INTERIM RESULTS9 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. An integrated ERP platform to drive operational efficiency, stronger management oversight and faster, data-led decision making An enterprise-wide CRM system to strengthen cross-regional collaboration and support strategic customer development Placing customers at the centre of every decision: Innovative products and solutions powered by AI-enabled systems and processes, delivering consistently reliable services Continuous training and upskilling to deepen our people's capabilities Empowering and equipping our teams to respond to our customers’ needs K L N 2 . 0 K E Y P I L L A R S To differentiate KLN from competitors and transform into a Customer-Centric Global Supply Chain Powerhouse System Transformation Powering KLN's People Customer Centricity Best Partner | Customer Excellence | Strong execution
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2026 INTERIM RESULTS10 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. Asia cross-border trucking: network development, scaling our China– Southeast Asia 3PL transportation product IFF: innovative vertical focus end-to- end solutions in response to market changes. IL: driving automation and service delivery standard Deepening vertical penetration by winning new customers and growing share of wallet through vertical-based solutioning Expanding our SME base by responding quickly to shifting market demand K L N 2 . 0 M I L E S T O N E S Expansion in network, customer base and offerings Deployed AI across pricing, quoting and operations to lift productivity and speed to customers Built AI and data capabilities to support faster, better-informed decisions group-wide Product & Solution Development Customer Base Expansion AI-Enabled Organisation AI
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2026 INTERIM RESULTS11 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. Leverage AI and automation to streamline operational processes, solution design and support decision making Capital allocation in expanding key and emerging markets Capex investment in growing network and coverage Continued investment in innovative product-building and solutions, and customer-centric organisation K L N 2 . 0 W H A T ’ S N E X T Driving business scale for long-term growth through technology-led transformation AI/Technology Drive Commercial Growth Capital Allocation AI
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2026 INTERIM RESULTS12 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. O U T L O O K SHORT TERM NEAR -TO -MEDIUM TERM IL IFF Diversifying trade-lane network to manage complexity and volatility Extending market presence in the US, Europe and Australia GLOBAL NETWORK DIVERSIFIED PORTFOLIO KLN 2.0 LONG TERM SUSTAINABLE GROWTH Launching new initiatives in recycling logistics and specialised transportation services Deepening collaboration with S.F. Holding Capturing structural trade shifts through expansion in emerging markets and Europe I I • Efficiency gains from AI technology, process optimisation and automation • Scaling coverage, products and service quality • Disciplined and value-accretive approach to capital management and M&A OVERALL STRATEGY
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2026 INTERIM RESULTS13 © KLN Logistics Group Limited. All rights reserved. THANK YOU
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2026 INTERIM RESULTS14 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. 20,186 22,108 7,025 7,743 (in HK$'M) By Region Asia Pacific 14% Chinese Mainland 32% EMEA 19% Americas 22% 29,851 27,211 1H25 1H26 By Segment Appendix I : Revenue Integrated Logistics International Freight Forwarding (in HK$'M) 1H25 1H26 YoY Hong Kong 3,564 3,918 +10% Chinese Mainland 8,070 9,531 +18% Asia Pacific 3,862 4,209 +9% Americas 6,619 6,662 +1% EMEA 5,096 5,531 +9% Total 27,211 29,851 +10% YoY Comparison 2026 INTERIM RESULTS 1H26 Revenue Hong Kong 13%
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2026 INTERIM RESULTS15 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. For the six months ended 30 Jun Unaudited 2026 Unaudited 2025 HK$’000 HK$’000 Revenue 29,850,957 27,211,248 Direct operating expenses (27,084,322) (24,277,775) Gross profit 2,766,635 2,933,473 Other income and net gains 60,636 76,889 Administrative expenses (1,530,463) (1,596,588) Operating profit before fair value change of investment properties 1,296,808 1,413,774 Change in fair value of investment properties (28,515) (37,580) Operating profit 1,268,293 1,376,194 Finance expenses (221,207) (267,322) Share of results of associates and a joint venture 57,838 29,624 Profit before taxation 1,104,924 1,138,496 Taxation (274,228) (317,640) Profit for the period 830,696 820,856 Profit attributable to: Company’s shareholders Non-controlling interests Holders of perpetual convertible securities 674,624 156,072 - 648,208 167,782 4,866 830,696 820,856 Earnings per share – Basic – Diluted HK$0.37 HK$0.37 HK$0.36 HK$0.36 Appendix II : Condensed Consolidated Interim Income Statement
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2026 INTERIM RESULTS16 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. Unaudited As at 30 Jun 2026 Audited As at 31 Dec 2025 HK$’000 HK$’000 ASSETS AND LIABILITIES Non-current assets Intangible assets 5,608,686 5,647,143 Investment properties 3,015,283 2,984,430 Property, plant and equipment 7,205,944 7,242,806 Right-of-use assets 2,938,937 3,105,697 Associates and a joint venture 1,411,592 1,497,844 Financial assets at fair value through other comprehensive income 230,331 357,768 Investment in convertible bonds 4,479 4,536 Other non-current assets 171,950 165,053 Deferred taxation 271,141 215,247 20,858,343 21,220,524 Current assets Financial assets at fair value through profit or loss 475 496 Inventories 424,440 348,013 Accounts receivable, prepayments and deposits 17,803,601 15,572,179 Tax recoverable 147,149 151,053 Amounts due from fellow subsidiaries 12,951 64,088 Amounts due from related companies 2,610 1,112 Amounts due from associates 92,496 9,803 Restricted and pledged bank deposits 94,142 83,839 Cash at bank and in hand 5,959,326 6,339,675 24,537,190 22,570,258 Appendix III : Condensed Consolidated Interim Statement of Financial Position
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2026 INTERIM RESULTS17 Color scheme236 108 000 248 199 154 251 221 192 193 189 187 151 148 145 240 139 056 235 232 231 061 196 200 158 225 227 207 240 241 © KLN Logistics Group Limited. All rights reserved. Unaudited As at 30 Jun 2026 Audited As at 31 Dec 2025 HK$’000 HK$’000 Current liabilities Lease liabilities 1,078,692 1,061,874 Accounts payable, deposits received and accrued charges 12,181,826 10,833,990 Supplier financing payables 174,754 126,225 Amounts due to fellow subsidiaries 71,142 126,709 Amounts due to related companies 50,021 142,401 Taxation 355,440 350,651 Short-term bank loans and current portion of long-term bank loans 2,917,653 3,327,627 Bank overdrafts 14,460 18,081 16,843,988 15,987,558 Non-current liabilities Loans from non-controlling interests 200,853 198,547 Long-term bank loans 5,886,453 5,496,812 Lease liabilities 1,241,074 1,426,473 Deferred taxation 402,251 419,515 Retirement benefit obligations 44,822 41,945 Other non-current liabilities 59,336 60,634 7,834,789 7,643,926 ASSETS LESS LIABILITIES 20,716,756 20,159,298 EQUITY Capital and reserves attributable to the Company’s shareholders Share capital 903,715 903,715 Share premium 4,074,218 4,074,218 Shares held for share award scheme (34,000) (37,221) Retained profits and other reserves 13,135,196 12,777,874 18,079,129 17,718,586 Non-controlling interests 2,637,627 2,440,712 TOTAL EQUITY 20,716,756 20,159,298 Appendix IV : Condensed Consolidated Interim Statement of Financial Position (Cont’d)