Presentation to Shareholders

Agenda

2

11 Introduction

Financial Overview

Where We Are Today

Going Forward

Final Remarks

22

33

44

55

3

Corporate Structure

Tune Money Sdn.

Bhd.1AirAsia Berhad

Retail / Institutional

Investors

Tune Ins Holdings Berhad

(TIH)

Tune Money Life Re Ltd

(TMLR)

Tune Money GenRe Ltd

(TMGR)

Tune Insurance Malaysia

Berhad (TIMB)2

Tune Insurance (Labuan) Ltd

(TIL)3

Capital OCA Berhad

(dormant)

16.2% 27.95%

100% 100% 83.3% 80%

100%

Notes:

1. Shareholders: Tune Group Sdn. Bhd. (42.64%) and CIMB SI II Sdn. Bhd. (25%).

Tune Group shareholders: Tan Sri Dr Tony Fernandes (50%) and Dato’ Kamarudin

Meranun (50%)

2. The remaining 16.7% is owned by minority and unrelated shareholders.

3. The remaining 20.0% is owned by Multi-Purpose Capital Holdings Berhad

55.85%

Q1 FY13

Listed on Main Market of

Bursa Malaysia with market

cap of RM 1 billion.

Q2 FY13

1. Signed CSPA to acquire

Indonesian Gen Insurance

Co.

2. Signed Strategic

Partnership with Malayan

Insurance to manage

CEBU Pacific Air Int’l

Passenger Travel

Insurance

3. TIH and TMGR (RI Co)

were assigned “A1/P1”

ratings from RAM Services

4

Our Journey So Far

2009

2010

2012

2013

Q3 FY09

Set up Labuan

based captive

JV “Tune

Insurance

Labuan”

Q4 FY10

Management

team

enhanced to

realize the full

potential of

the Insurance

opportunities

Q2 FY12

Acquired Oriental

Capital Assurance

(renamed to Tune

Insurance Malaysia

Berhad)

Q3 FY12

Signed Distribution

Agreement with AA &

Tune Hotels to manage

Travel Insurance

2011

Q2 FY11

Formed TMGR and

TMLR & signed 1st

Collaboration

Agreement with AA.

TIH was formed as the

Group Holding

Company

Q4 FY 11

First premiums

received in TMGR

Our People & Partners

5

Our PartnersOur Partners

Our DirectorsOur Directors

Our EmployeesOur EmployeesOur Group Management Team Our Group Management Team

Financial Overview

6

Operating Revenue

RM226.3mInvestment Income

RM 11.4mProfit After Tax

RM 48.6m

7

TIH

FY2012 Key Highlights

� Significant increase in Operating Revenue and Investment Income following

acquisition of OCA

� Increase in PAT achieved despite significant costs in relation to IPO and

acquisition of OCA in particular financing costs

55.9

226.3

0.0

50.0

100.0

150.0

200.0

250.0

FY2011 FY2012

0.4

11.4

-

2.0

4.0

6.0

8.0

10.0

12.0

FY2011 FY2012

34.2

48.6

-

10.0

20.0

30.0

40.0

50.0

60.0

FY2011 FY2012

Gross Written Premium

RM 70.5mNet Earned Premium

RM 68.0mProfit After Tax

RM 37.3m

8

ONLINE

FY2012 Key Highlights

55.7

70.5

-

20.0

40.0

60.0

80.0

2011 2012

54.4

68.0

-

20.0

40.0

60.0

80.0

2011 2012

34.4 37.3

-

10.0

20.0

30.0

40.0

2011 2012

+26.5% +25.0% +8.4%

� 50% profit margin maintained

� Japan and India launched

� Increasingly regionally diversified

� PAT growth slower due to marketing costs and increased staff strength

9

Malaysia

50% (57%)

Thailand

19% (19%)

Indonesia

13% (13%)

Singapore

6% (6%)

China

6% (4%)

Others

5% (1%)

6.0 millionPolicies Issued in 2012

Geographical Diversification in Online Business

1.7 millionPolicies Issued in 4Q 2012

Malaysia

47%

Thailand

20%

Indonesia

16%

Singapore

5%

China

6%

Others

6%

Malaysia - 57% in FY 2011, 50% in FY 2012, 47% in 4Q 2012

Gross Written Premium

RM 143.1mNet Earned Premium

RM 90.4mProfit After Tax

RM 28.7m

10

261.7 250.4

-

143.1

0

100

200

300

2011 2012

156.4 149.1

-

90.4

0

50

100

150

200

2011 2012

26.3 28.6

-

28.7

0

10

20

30

40

2011 2012

� Significant transformation of the business

� Focus on bottom line as opposed to top line sales leading to a reduction in GWP

and NEP

� CAR increased from 177% to 226%

TIMB

FY2012 Key Highlights

Note:

Pro forma results were prepared to reflect the financial result for FY2011 had the TIMB acquisition been made in 2009.

Operating Revenue

RM 86.7mInvestment Income

RM 4.3m

Profit After Tax

RM 15.2mBorrowings

Nil

Shareholder’s Fund

RM 307.2mEarnings Per Share

2.07 sen

11

16.8

86.7

0.0

50.0

100.0

1Q 2012 1Q 2013

TIH

1Q 2013 Key Financial Highlights1

8.30

15.20

-

5.00

10.00

15.00

20.00

1Q 2012 1Q 2013

0.2

4.3

-

2.0

4.0

6.0

1Q 2012 1Q 2013

132.1

0 -

50.0

100.0

150.0

FY2012 1Q 2013

Note:

1. Unaudited results

107.7

307.2

-

100.0

200.0

300.0

400.0

FY2012 1Q 2013

(‘mil) (‘mil)

(‘mil) (‘mil)

(‘mil)

Where We Are Today

12

Our Objectives

13

Leverage on the

Growth of

AirAsia’s

Businesses

Improve Online

Take-up Rates &

Tailor our Sales &

Marketing Efforts

Replicate & Expand Travel Insurance Business Model

Capture Synergies from TIMB Integration & Diversify Product Offering

Enhance Revenue Streams via Strategic Acquisitions

• Currently in 14 out of

21 markets where

AirAsia operates

• Continue to manage

insurance needs of

AirAsia’s customers

• Expand into new

markets alongside

AirAsia

• Improve consumer

education through

advertisements,

telemarketing etc

• Leverage our access to

brand recognition of

AirAsia and Tune

Companies

• Tailor our product

offering, sales and

marketing efforts to

markets beyond

Malaysia, Thailand,

Indonesia

• Expand our travel

insurance business by

establishing tie-ups with

other partners e.g.

regional airlines ,

Expedia

• Leveraging our TIPG

system, strong local

relationships and on-

the-ground experience

• Capture underwriting

revenue previously

ceded to third party

insurance partners in

Malaysia

• Improve profitability

and portfolio mix of

TIMB’s products

• Improve effectiveness

of TIMB’s existing

distribution network

and IT systems

• Leverage AirAsia and

Tune Companies’ other

businesses for

marketing TIMB

products

• Selectively seeking

opportunities to

acquire businesses with

the relevant licenses in

our core SEA markets

• Broaden our ability to

offer a range of

products in

underpenetrated

markets

Note: Objectives as stated in IPO prospectus.

Leverage on the Growth of AirAsia’s Businesses

Our Markets

AirAsia Markets

Malaysia Thailand Indonesia Singapore Australia

China Macau Hong Kong Philippines Cambodia

Vietnam Laos India Japan

Brunei

Myanmar

South Korea

Nepal

Taiwan

Saudi Arabia

� Myanmar launched this year

� Travel insurance for Zest Air

� Targeting to be in 18 markets

by end 2013…

� Sales up 26% YoY

14

OnlineOnlineOfflineOffline

Improve Online Take/up Rates & Tailor our Sales &

Marketing Efforts

Integrated CampaignIntegrated Campaign

Education via social media – Video

on YouTube, weekly challenge on

Facebook and Twitter

TUNETASTIC RACE

Facebook Application

Radio Ad

Car wrap/Mobile

advertising

Billboard

Bunting

Brochure

In-flight

Magazine

MATTA

Airport adverts

Ground activation

In-

flight

Ads

Targeted Online

banners ads

Targeted

Monthly eDM

Online

Ads

15

Replicate & Expand Travel Insurance Business Model

Strategic partnership with Malayan

Insurance Co. Inc. (MICO) in the

Philippines…

� MICO – Leading non-life insurance co. in

Philippines

� Cebu Pacific Air – Philippines’ largest carrier

� Travel insurance for Cebu Pacific Air passengers

w.e.f. 13 June 20131

Note:

1. For passengers departing from HK, Macau, Msia & Spore to the Philippines

Partnership within AirAsia/ Tune Group

� Insurance for Tune Hotels guests

� Launched AA Expedia (white label) in Malaysia

& Thailand

� AAGO in 2H 2013

Enablers

� RAM Rating for TMGR (claims paying ability):

� Long term – A1

� Short term – P1

� Outlook - stable

16

Capture Synergies from TIMB Integration & Diversify

Product Offering

Fire

22%

Motor

27%

Marine

12%

PA &

Health

22%

Misc

17%

Fire

6%Motor

47%

Marine

34%PA &

Health

5%

Misc

8%

Rebalancing portfolio mix …

1Q 2012 1Q 2013

Recruiting quality agents to market profitable products…

1Q 20132012

1,023Total agents

1,078Total agents

Securing business

opportunities within Tune

Group companies & partners…

17

Notable Deals

Salcon Berhad Favelle Favco Berhad Emico Holdings Berhad Telco Corporation

BerhadBoon Siew Group

Kossan Group Evergreen Fibreboard

BerhadCentury Logistics

Holdings BerhadHeadboard Berhad London Biscuits

Holdings Berhad

Press Metal Berhad

Tomypak Berhad Yinson Holdings Berhad

Star Publication

(M) Berhad

Versatile Creative

BerhadKnee San Berhad Teck Seng Holdings

Berhad

18

Ralco Corporation

Berhad

Enhance Revenue Streams via Strategic Acquisitions

� Target to own 70% equity in PT Batavia Mitratama Insurance

� Total investment: Approximately USD 9 million (depending on NTA upon completion)

� Retain 30% profit from Indonesian travel insurance business & initiate regional footprint

� Target completion: Q3 2013

Ang Andi

Bintoro

Ang Andi

BintoroMeilyana

Bintoro

30% 70%78.5% 0.26%21.2%

“PT Tune Batavia Insurance”1“PT Tune Batavia Insurance”1

Note:

1. Name is for illustration purposes only 19

Going Forward

20

21

Continued Growth in 2013

Grow with AirAsia

� Increase the number of countries we offer travel insurance to at least 18

� Provide travel insurance for Zest Air in the Philippines following acquisition by AirAsia

� Provide travel insurance for AirAsia India customers

Strategic Acquisitions

� Complete acquisition and integration of 70% stake in PT Batavia Mitratama Insurance

in Indonesia.

Capture synergies from TIMB integration and diversify product offering

� Maintain reduction in motor insurance per 1Q 2013 aiding continued underwriting profits

� Continued recruitment of agents with track record of profitable business

� Continued development of profitable retail products with high retention.

Improve online take-up rates and tailor sales & marketing

� Rebranding of AirAsia Insure to Tune Insure, aiding brand build in new geographies

� Targeted campaigns and educational videos especially via social media

� Digital advertising and remarketing via Google to be launched in June 2013

Replicate and expand travel insurance business model

� Management of travel insurance for passengers of Cebu Pacific Air.

� Strengthen online direct distribution of simple insurance products via Digital Direct Marketing

Looking Forward To…

22

Business-to-Consumer

Improving technology..

Product and process enhancement

Increasing

productivity

Strengthening

distribution channels

Tune Insurance Malaysia Berhad

Management Information System

Management Information System

I BUSINESS

INTELLIGENCE

Dividend Payment

23

Target FY2013 dividend payment

Minimum 40% of Profit After Tax

Target FY2013 dividend payment

Minimum 40% of Profit After Tax

24

Thank You for Your Continuous Support & Trust In Us…

Note:

1. Based on share price of RM1.99 on 17 June 2013 (mid day)

2. Includes Hong Kong and Macau as individual markets

Market Capitalization

RM1.5 billion1

Global Presence

15 Countries & Territories2

Customers

More than 20,000 a day