For personal use only

24 March 2022

The Manager

Market Announcements Office

Australian Stock Exchange

ELECTRONIC LODGEMENT

Dear Sir or Madam

Tuas Limited releases Half Year Financial Results Investor Presentation

In accordance with the Listing Rules of the Australian Securities Exchange, Tuas Limited (ASX: TUA) encloses for immediate release an Investor Presentation concerning the release of Tuas's Half Year financial results.

The Investor Presentation, which will commence at 10:30am Sydney time, will be webcast. The link to hear the results presentation is: http://www.openbriefing.com/OB/4651.aspx.

Authorised for release by the Board of Tuas Limited.

Contact:

Tony Moffatt Company Secretary Tuas Limited investor.relations@tuas.com.au

Suite 49, 61-65 Glencoe Street,

Sutherland, NSW 2232, Australia

www.tuas.com.au

ABN: 70 639 685 975

Tuas Limited

ersonal use only

Tuas Limited

1st Half FY21/22 Results Presentation

24 March 2022

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Agenda

  1. Financials
  2. Business Updates
  3. Outlook
  4. Q&A

N.B.: All reported numbers are in Singapore Dollars.

Page 2

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Tuas Limited Financial Updates

(in S$'m)

1H FY21/22

1H FY20/21

Revenue

25.6

12.0

EBITDA

6.3

(2.3)

NPAT

(13.4)

(11.4)

Tuas Limited achieved positive EBITDA of $6.3M for the 6 months ending 31 January 2022.

Page 3

Revenue and Subscribers

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Revenue Performance

• 113% increase for corresponding period driven by

use

growing subscriber base.

ARPU

• ARPU is $9.42 per month.

Subscriber Performance

• 487,000 active subscriptions as of 31 January 2022.

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• Mobile market share of about 6.6%. Total number of

mobile phone subscriptions (3G+4G) as reported by IMDA for Dec 2021 is 7,341,700.

Page 4

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Disclaimer

Tuas Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 21:37:18 UTC.