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D e c e m b e r 2 0 1 9 (Stock Code: 2608)

Ke r r y TJ L o g i s t i c s

I nve sto r C o nfe re n c e

A S I A S P E C I A L I S T

T A I W A N F O C U S

G L O B A L N E T W O R K

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This presentation was prepared by Kerry TJ Logistics Company Limited (the “Company”) 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 or underwrite 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 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 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, 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 of this presentation or the Information or otherwise arising in connection with this presentation or the Information.

D I S C L A I M E R

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報告大綱 A G E N D A

公司概要 Company Overview

營運表現

2019 Q1-Q3 Performance

未來展望 Future Outlook

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O U R M I L E S T O N E S

Listed on Taiwan

Stock Exchange

(TWSE 2608)

1990

Launched

Kerry Go

2014

Re-branded to

Kerry TJ Logistics

Co., Ltd.

2011

Formation

of a new

JV Kerry

Speedy

2016

Entered

mainland China

as the first of

Taiwan freight

company

2001

Kerry Logistics

expanded its

IL network in

Taiwan by

acquiring

T-Join

2008 Established TaRon

Freight Firm

1954

Re-branded to

T-Join Transportation

Co., Ltd.

1960

• Re-built Kerry

Pharma

Logistics

• Re-built

Kerry Express

2012 2013

HQ moved

from

Taichung to

Taipei

Established a

JV Kerry Fruit

2017

Direct Logistics

as new KTJ

member,

offering air/sea

freight

forwarding,

cross-border EC

and customs

clearance focus

in American

Lines.

2018

Acquired

Science Park

Logistics

2019

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G L O B A L N E T W O R K

40,000+ employees

53 countries & territories

Asia’s leading 3PL with global presence

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3,400+

Self-owned

Vehicles

6,000+

Employees

200

Business

Locations

K E R R Y T J L O G I S T I C S – Y O U R T R U S T E D PA R T N E R I N TA I WA N

Penghu

Green Island

Siao Liouciou Lanyu

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C O R E B U S I N E S S E S

INTERNATIONAL FREIGHT FORWARDING

INTEGRATED LOGISTICS

EXPRESS

End-to-end solutions with high supply chain efficiency SUPPLY CHAIN

SOLUTIONS

Our Scope of Services • Air Freight • Ocean Freight • Customs Brokerage • Drayage • Cargo Insurance

Consultancy

Our Scope of Services • Ambient / Chilled Warehousing &

Distribution • Express Delivery • National LTL Distribution • Cold Supply Chain Services • Pharmaceutical Logistics • Line Haul Transportation • E-Commerce Platform • Fruit Marketing • Bonded Logistics • Chemical / DG Warehouses

IL IFF

F&B IMS PHARMA FMCG

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1 2 C O R E B U S I N E S S L I N E S

LTL

Trucks： 2,350+

Motorbikes： 114

Locations： 115

Trucks： 500+

Locations： 20

Locations： 9

Facilities： 823,000+ ft2

Temp.： Ambient & Constant

(23°C~25°C/15°C~25°C)

CLTL

Ambient WH

Chilled WH

Locations： 6

Facilities： 233,000+ ft2

Temp.： 4°C~7°C/-25°C~-15°C

Express： 185/13

Pharma： 201/14

Line Haul： 124/ 3

Fruit Marketing： 4/ 1

Cold Chain Facilities： 19/ 5

Bonded Logistics： 38/ 5

Subsidiary Companies

(Trucks/Locations)

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VA L U E - A D D E D S E R V I C E S

Customized offerings for different verticals

PHARMA IMS F&B F&L Hub & Spokes Cold Chain Facilities FMCG

Price Tagging Labelling

Scanning Date Printing Reverse Logistics Scanning D&C for Freezer

Label Sewing Scanning Labelling Description Insert Ambient/Chilled Distribution Call Centre Support Repair and Maintenance

Sorting GOH Assembly Processing Packing Stock Take Shrink Wrapping Agent for Cold Chain Facilities

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S C I E N C E PA R K L O G I S T I C S

Taoyuan Office

Taichung

Warehouse

Tainan Head Office (ILC)

Kaohsiung Branch

Hsinchu Branch (ILC)

Port of

Kaohsiung

Tainan Head Office

Warehouse: 37,776 m2

Terminals: 787 m2

DG & Chemical WHS: 990 m2

Hsinchu Branch

Warehouse: 15,792 m2

Terminals: 4,228 m2

Taichung Warehouse

Warehouse: 2,970 m2

Import & Export

Terminal

Int’l Logistics Center

Domestic & Overseas

Transportation

Customs Clearance

Lease & Business

Agent

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K E R R Y P H A R M A L O G I S T I C S

Optimize Process Enhance Quality Commercial value Customer solutions

Pharma Clients

Channels

Service Scope

Pharma

logistics +

commercial

value

Pharma logistics

• Wholesale Mgt • Consignment Inventory

Mgt (CIM)

• Regulatory • Marketing • Pharmacy

Promotion & Merchandising

• Customer Care Ctr. • Credit and

Collection Mgt • Client Mgt • Customs Clearance

• Redressing • Warehousing • Order

processing • Transportation • Reporting

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Q U A L I T Y & C E R T I F I C AT I O N

ISO22000 FOOD SAFETY

ISO27001 INFORMATION SECURITY

ISO28000 SUPPLY CHAIN SECURITY

ISO9001 QUALITY

HACCP CODEX ALIMENTARIUS

Long-standing commitment to quality of our international expertise

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2019 Q1-Q3 Performance

A S I A S P E C I A L I S T

T A I W A N F O C U S

G L O B A L N E T W O R K

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F I N A N C I A L H I G H L I G H T S

+8% LTL

1,042 SEGMENT PROFIT (NTD$ M)

8,678 REVENUE (NTD$ M)

1,003 PROFIT ATTRIBUTABLE TO

THE SHAREHOLDERS (NTD$ M)

EARNINGS PER SHARE (NTD PER SHARE)

1,694 OPERATING PROFIT (NTD$ M)

LOG

153 SEGMENT PROFIT (NTD$ M)

2019 Q3

2.15

2018 Q3

1.84

1,185 GROSS PROFIT (NTD$ M)

14%

10% 13% 17%

23%

17%

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P R O V E N T R A C K R E C O R D S – R E V E N U E G R O W T H

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P R O V E N T R A C K R E C O R D S – P r o f i t s A t t r i b u t a b l e t o t h e S h a r e h o l d e r s

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A S I A S P E C I A L I S T

T A I W A N F O C U S

G L O B A L N E T W O R K

F u t u r e O u t l o o k

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G R O W T H D R I V E R S

Transformation & Innovation

Utilize IoT and AI technologies in the new retail era to overcome labor shortage.

Cold Chain Services

Comprehensive cold-chain W/H & delivery, in line with gov’t policies and consumer demand.

Pharmaceutical Logistics

Taiwan’s sole specialized pharma logistics company with PIC/S and GDP certification and in compliance with WHO.

Science Park Logistics (SPL)

Bonded W/H and bonded delivery for total supply chain within the hi-tech industry.

Group Synergy

Provide total supply chain logistics solutions with integrated resources.

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F U T U R E O U T L O O K - D I G I TA L T R A N S F O R M AT I O N

Digitization Optimization Transformation

O p e r a t i o n E x c e l l e n c e

E n h a n c e d C u s t o m e r E x p e r i e n c e

I n n o v a t e d B u s i n e s s M o d e l

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December 2019

T H A N K Y O U

V A L U E C R E A T I O N

O P E N N E S S

I N T E G R I T Y

C O M M I T M E N T

E X C E L L E N C E