CONTENT

STRATEGIC REPORT

Corporate Profile

01

Financial Highlights

02

Our Business

04

Corporate Milestones

06

Financial & Operations Review

07

Order Book

12

Group Structure

13

Chairman's Statement

14

CEO's Statement

15

Board Of Directors

16

Our Team

18

Corporate Information

20

CORPORATE

GOVERNANCE REPORT

Corporate Governance Report

21

FINANCIAL REPORT

Financial Statements

53

Statistics of Shareholdings

165

Notice of Annual General Meeting

167

Proxy Form

SERIES

CONCERT

MICE

CINEMA

FILMS

FORMATS

CORPORATE PROFILE

01

Headquartered in Singapore, mm2 Asia Ltd. ("mm2 Asia", or together with its subsidiaries, the "Group") champions "Content and Media for Asia", with integrated businesses across the content, entertainment, cinema, event and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China and the United States of America. Since our listing on the Catalist Board of SGXST in December 2014, and the successful transfer to the Mainboard of SGX-ST in August 2017, mm2 Asia has strengthened its competitive advantage through its acquisitions of a majority stake in an award winning virtual reality, visual effects and computer- generated imagery studio, Vividthree Holdings Ltd. (SGX Stock Code: OMK), and an event production and concert promotion company, UnUsUaL Limited (SGX Stock Code: 1D1). With the establishment of mmCineplexes and the acquisition of Cathay Cineplexes Pte Ltd, mm2 Asia is currently one of the key cinema operators in Malaysia and Singapore.

THE GROUP'S PRIMARY BUSINESS ACTIVITIES:

Core Business

Content Production, Distribution and Sponsorship

Cinema Business

Cinema Operations

Post and Digital Content Production Business

Digital Content, MICE(1) Experiences & Consumer Entertainment

Concert and Event Business

Event Production and Concert

Promotion

  1. MICE: Meetings, Incentives, Conferences and Exhibitions

CONTENT & MEDIA FOR ASIA I CORPORATE PROFILE

02 FINANCIAL HIGHLIGHTS

113.0

FY2022

113.0

FY2021

75.2

REVENUE

FY2020

235.8

($ million)

17.8

GROSS PROFIT

($ million)

FY202217.8

FY2021 6.0

FY2020

89.4

(35.0)

(35.0)

FY2022

(90.8)

FY2021

NET LOSS

ATTRIBUTABLE TO

FY2020

3.3

SHAREHOLDERS

($ million)

MM2 ASIA LTD. I ANNUAL REPORT 2022

REVENUE BREAKDOWN BY GEOGRAPHICAL LOCATION

($ million)

03

REVENUE BREAKDOWN

BY BUSINESS SEGMENTS

($ million)

FY2022

113.0

FY2022

FY2021

FY2020

Singapore

Malaysia

Hong Kong

40.9%

9.1%

12.9%

27.5%

8.3% 1.3%

41.5%

9.6%

4.7%

29.5%

13.0% 1.7%

55.0%

16.5%

2.5%

11.7%

8.4% 5.9%

Taiwan

China

Others

73.0

29.2

4.4

2.8 3.6

FY2021

75.2

52.5 15.7 3.7

2.0 1.3

FY2020

235.8

76.9

87.9

3.5

5.861.7

Core Business

Post & Digital Content Production Business

Cinema Business

Concert & Event Business

Other Segments

CONTENT & MEDIA FOR ASIA I FINANCIAL HIGHLIGHTS

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MM2 Asia Ltd. published this content on 13 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2022 16:23:06 UTC.