Tropicana Corporation Berhad Annual Report 2022

OUR MILESTONES Over the years, Tropicana has built a successful track record, winning over 136 awards along the way. We have also revolutionised the Art of Living with the more than 10 townships we have developed, and the introduction of fully-fledged facilities and parks within its vicinities. These accomplishments are also reflected in the Group’s huge success: achieving over RM17 billion in sales over the years. In 2022, Tropicana continued the momentum with these initiatives: • T ropicana Aman spread festive cheer to 50 underprivileged children with hearty luncheon. The holiday treat was organised in support of Tropicana Foundation’s humanitarian mission as the charity arm of Tropicana Participating homes included the House of Love, Rumah Ozanam Klang and Rumah Kanak-kanak Impian • T ropicana Foundation, through its Buggy of Joy donation drive, offered flood relief assistance to recent flood victims in Bentong, Selangor, and Kuala Lumpur • T ropicana on track to hit RM1.1 billion target sales by strategic offline and online marketing campaigns throughout 2021 • T ropicana swept 12 more prestigious awards: - Biggest winner at 8th PropertyGuru Asia Property Awards, including never-before-presented title of Best Developer (Central Malaysia) and the best High End Landed Development Award for Tropicana Aman – Freesia Residences; - Named Top 10 Developers in Malaysia at 16th BCI Asia Awards; - Won Top 10 Best Property Developers Award at The Edge Malaysia Top Property Developers Award (“TPDA”) • T ropicana collaborated with Tropicana Gardens Mall to launch MultiMillion Mania campaign with millions of ringgit in prizes and vouchers for home seekers and shoppers • T ropicana Foundation extended helping hand to Rumah Charis Shah Alam, Taman Sri Muda • T ropicana redefined The Art of Sharing, kicked off with Hands Build a House, But Hearts Build a Home short film • T ropicana shared prosperity with home buyers through Instant Angpau worth up to RM8,888 • T ropicana Multi-Million Mania campaign offered home buyers 10 entries in its Grand Draw. Prizes include Edelweiss SOFO unit at Tropicana Gardens and Tropicana Indah • T ropicana Aman hosts Chinese New Year celebration with charitable donations for underprivileged children for the Ti-Ratana Welfare Society Malaysia • T ropicana outperformed FY2021 property sales target, recording sales of RM1.3 billion, up by 62.4% for the financial year ended 31 December 2021 • T ropicana hosted groundbreaking ceremony for the new RM2.5 million Pantai Kok Rest and Recreation centre in Langkawi. • T ropicana Aman recorded 100% take-up for Freesia Residences and Gemala Residences • T ropicana Heights celebrated vacant possession for homeowners at Lakefield Residences in Tropicana Heights • T ropicana launched Tropicana Power Up campaign to incentivise property seekers • T ropicana Golf & Country Resort brought back Santapan 29 Malam dinner buffet for Ramadhan • Tropicana Uplands received full take-up for Aster Heights. • T ropicana Gardens Mall entered into exclusive partnership with ShopeePay and Persatuan Karyawan Malaysia • T ropicana Golf & Country Resort hosted 100 children from three orphanages during Ramadhan • T ropicana partnered with No. 1 Short Stay Management Company HostAStay as its tenancy management service provider for TwinPines Serviced Suites in Tropicana Grandhill, Genting Highlands, and Assana Serviced Suites in Tropicana Cenang, Langkawi • T ropicana celebrated vacant possession of Triana Shop Offices in Tropicana Aman • Tropicana Gardens Mall partnered with Royal Thai Embassy and Thailand’s Department of International Trade promotion to host Malaysia’s largest Thai festival, Think Thailand • Tropicana Foundation collaborated with Malaysian non-profit organisation The Lost Food Project to channel surplus food to the needy • Tropicana extended Multi-Million Mania campaign due to overwhelming response • Tropicana unveiled Tropicana WindCity in Genting Highlands • Tropicana launched improved loyalty programme T Privilege, anchored by the Tropicana 360 mobile app • Tropicana and Affin Bank tackled home financing with Home Step Fast/i campaign • Tropicana’s Multi-Million Mania campaign a success, receiving RM524.2 million in property bookings and RM10.7 million in retail sales at Tropicana Gardens Mall • Tropicana earned global recognition with International 5-Star Award in best Mixed use Development Malaysia category at the International Property Awards 2022-2023 held in the United Kingdom • Tropicana Gardens Office Tower’s design earned the Silver Award in the Corporate Offices category at the Malaysian Institute of Interior Designers (“MIID”) REKA Awards • Tropicana launched Tropicana go-go-FIT wellness campaign • Tropicana Foundation gave back to the Johor community through sponsorships and donation drives • Tropicana Gardens Mall invited Merdeka month babies for birthday treats • Tropicana hosted 20km and 80km go-go-FIT cycle event in Kota Kemuning • Tropicana rewarded T Privilege members with movie session at Golden Screen Cinemas at Tropicana Gardens Mall • Tropicana posted revenue of RM211.4 million for second quarter ended 30 June 2022 • Tropicana Golf & Country Resort brought back Nite Race run • Tropicana Gardens Mall launched Malaysia’s first and largest Singha Fest 2022 • Sports Paragon Run 2022 at Tropicana Gardens Mall and Tropicana’s go-go-FIT Park Adventure Race at Tropicana Metropark drew hundreds • Tropicana and Marriott International signed agreement to build five-star Sheraton Langkawi Resort & Spa at Tropicana Cenang, Langkawi • Tropicana Golf & Country Resort’s Nite Race drew over 250 fitness lovers • Tropicana celebrated 100% Phase 1 take-up for Tropicana Industrial Park in Iskandar Malaysia, Johor • Tropicana supported rescued pets and strays at My Pets Haven, Setia Alam and PAWS Animal Welfare Shelter in Ara Damansara • Tropicana launched Journey of a Lifetime campaign, offering European getaway • Tropicana’s Buggy of Joy annual charity drive made a return for third time • Tropicana Aman unveiled final villa series Hana Residences • Tropicana Elite team scored double podium finish at IRONMAN 70.3 Langkawi and Perhentian Island Challenge 2022 • Tropicana revenue surged 88.7% to RM32.6 million for third quarter ended 30 September 2022 • Tropicana honoured at The Edge Malaysia Property Excellence Awards 2022 (“TEPEA”) with 10th spot in Top Property Developer Awards category • Tropicana go-go-FIT The Grand Race draws crowds of fitness enthusiasts • Superheroes descended on Tropicana Gardens Mall for “The World of DC Exhibition” • Tropicana Gardens Mall launched Classic Christmas campaign • Tropicana Foundation and WOW Events Asia hosted Christmas luncheon for underprivileged children of Ti-Ratana Welfare Society and Rumah Kasih Harmoni at Tropicana Gardens Mall 09 GROUP OVERVIEW

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