CORPORATE GOVERNANCE

Founded in 1987 to acquire the Manila International ContainerTerminal (MICT) from the Philippine government in a competitiveprivatization tender

Unique strategy focused on acquiring underperforming small- andmid- sized terminals, mostly in government privatizations

Highly successful international expansion and acquisition strategy ICTSI now manages / operates 28 marine terminals in 20 countries Majority of earnings from outside the Philippines

Founder (Enrique K. Razon, Jr.) retains 61.3% stake and activelymanages the company

2

Company Overview

ICTSI BEFORE

3

ICTSI AFTER

4

ICTSI BEFORE

5

ICTSI AFTER

6

7Diversified Global OperationsKey ICTSI terminalsOther ICTSI terminalsNew terminalsTerminals under development

CGSAGuayaquil, Ecuador

(100%)

TSSASuape, Brazil

(100%)

BCTGdynia, Poland

(100%)

MICTSLToamasina,Madagascar

(100%)

PhilippinesMICTManila(100%)

BIPIBatangas

(60%)

SCIPSIGen. Santos

(50%)

SBITCSubic Bay

(83%)

DIPSSCORDavao(97%)

MICTSIMisamisOriental(100%)

IOIPortland, United States

(100%)

CMSAManzanillo, Mexico

(100%) SPIABuenaventura,

Colombia(46%)

AGCTRijeka, Croatia

(51%)

BICTBatumi, Georgia

(100%)

NMCTSMuara, Brunei

(100%)

PT MTSMakassar,Indonesia

(95%)TECPLATALa Plata, Argentina

(100%)

ISISubic Bay

(100%)

PT OJAJakarta,Indonesia

(80%)

LICTSLELagos, Nigeria

(75%)

HIPSDavao delNorte(65%)

OPCSAPuerto Cortes,Honduras

(100%)

PICTKarachi, Pakistan

(65%)

YICTYantai, China

(51%)

ICTSI DR Congo S.A.Matadi, DR Congo

(60%)

ICTSI (ME) JLTUmm Qasr, Iraq

(100%)

VICTMelbourne, Australia

(100%)

Notes: *100% owned by PT Jasa Prima Tbk which is 80.19% owned indirectly by ICTSI**Formerly YRDICT (up to June 30, 2014)

8

Terminal Details

TSSASuape, Brazil100% owned

TSSASuape, Brazil100% owned

MICTManila, Philippines

100% owned

MICTManila, Philippines

100% ownedBCT

Gdynia,Poland100% owned

BCTGdynia,Poland100% owned

MICTSLToamasina,Madagascar100% owned

MICTSLToamasina,Madagascar100% owned

YICT**Yantai, China51% owned

YICT**Yantai, China51% owned

CGSAGuayaquil, Ecuador

100% ownedCGSA

Guayaquil, Ecuador100% owned

Other Philippine operations:DIPSSCOR - Davao (97% owned)SBITC - Subic Bay (83% owned)BIPI - Batangas (60% owned)SCIPSI - General Santos (50% owned)MICTSI - Misamis Oriental (100% owned)ISI - Subic Bay (100% owned)

Other Philippine operations:DIPSSCOR - Davao (97% owned)SBITC - Subic Bay (83% owned)BIPI - Batangas (60% owned)SCIPSI - General Santos (50% owned)MICTSI - Misamis Oriental (100% owned)ISI - Subic Bay (100% owned)

BICTBatumi,Georgia

100% owned

BICTBatumi,Georgia

100% owned

PT MTSMakassar,Indonesia95% owned

PT MTSMakassar,Indonesia95% owned

NMCTSMuara,Brunei

100% owned

NMCTSMuara,Brunei

100% owned

AGCTRijeka,Croatia

51% owned

AGCTRijeka,Croatia

51% owned

IOIPortland,

Oregon USA100% owned

IOIPortland,

Oregon USA100% owned

PT OJAJakarta,Indonesia

80% owned*

PT OJAJakarta,Indonesia

80% owned*

SPIABuenaventura,

Colombia46% owned

SPIABuenaventura,

Colombia46% owned

TECPLATALa Plata,Argentina

100% owned

TECPLATALa Plata,Argentina

100% owned

CMSAManzanillo,Mexico

100% owned

CMSAManzanillo,Mexico

100% owned

OPCSAPuerto Cortes,Honduras

100% owned

OPCSAPuerto Cortes,Honduras

100% owned

Key terminals

New terminals

Under Development

Other terminals

PICTKarachi, Pakistan

65% owned

PICTKarachi, Pakistan

65% owned

LICTSLELagos,Nigeria

75% owned

LICTSLELagos,Nigeria

75% owned

ICTSI (ME)JLT

Umm Qasr, Iraq100% owned

ICTSIDR Congo

Matadi, DR Congo60% owned

VICTMelbourne,Australia

100% owned

HIPSDavao Del Norte

Philippines65% owned

HIPSDavao Del Norte

Philippines65% owned

refers to the way by which corporations are controlled andmanaged

good corporate governance ensures that companies arerun as efficiently as possible in the interests of theirshareholders

as a listed company, we need to comply with governancerequirements set by the Philippines SEC

CORPORATE GOVERNANCE

CORPORATE GOVERNANCE TRAININGS

We have 81 legal entities in 36 countries:In order to:enhance corporate governance;streamline the decision making process;enhance cooperation with Manila; andmake the best use of our limited resourceswe are in the process of changing the composition of boardsof all terminals worldwide.

BOARD COMPOSITION

Working with the BDOs to change the boards so that -if possible under local regulations - they will have 3directors only:

Region HeadLocal General Manager oManila representative

BOARD COMPOSITION

BOARD COMPOSITIONOLD BOARD NEW BOARDEnrique K. Razon, Jr.Martin ONeilMarcelo SuarezLuis Cao

Marcelo SuarezLuis CaoJoel Sebastian

ICTSI Awards and Accolades

33

Port Project Sponsor of the Year Award - World Finance, Project Finance Deal of theYear 2014

Excellence in Management and Corporate Governance Benchmarking in Asia - One ofthe Platinum Awardees - The Asset Corporate Awards 2014

Most Admired ASEAN Enterprise Corporate Excellence - 1st Runner Up Award -ASEAN Business Awards 2014

Best in Corporate Excellence - 1st ASEAN Business Awards Philippines 2014 One of the Best Investor Relations Companies in the Philippines - Corporate

Governance Asias Asian Excellence Awards 2012- 2014 One of the Best Investor Relations Professionals, Asias Best CEOs, Asian Corporate

Director - Corporate Governance Asia Awards 2014 One of Asias Icon on Corporate Governance - Corporate Governance Asia

Recognition Awards 2013 -2014