Pelican — Investor Presentation 2023

Aug 25, 2023

Introduction of Taiwan Pelican Express Investor Conference

： Stock code 2642

August 2023

Disclaimer

• The information herein and the presentation made during the conference contain forward looking statements with respect to the financial condition, results of operations and business of the company are provided for information purposes only.

• These forward statements the or looking represent company’s expectations beliefs concerning future events and involve known and unknown risks and uncertainty that could cause actual results, performance or events to differ materially from those expressed.

• You are urged to review the information provided herein carefully.

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AGENDA

01. Company Overview 02. Operation Performance 03. Strategy and prospect 04.Other

01. Company Overview

About Pelican

• Taiwan Pelican: founded in 2000, is a member of TECO

• group.

• The first home delivery company and provide more than

one hundred million home delivery service in Taiwan.

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5
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Mission Statement

We are committed to providing the best solution to customers by :

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• Reliable

• Friendly

• Flexible

• Value-added

Physical distribution and home delivery service.

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Business Philosophy

Promptness

Accountability

Respond to the changes in market, customer demand and countermeasures for problems promptly and effectively.

When facing problems and responsibilities, we cannot evade or shift blame. We must have the courage to take responsibility and fulfill our duties.

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Promptness
Honesty Friendly
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Accountability
Teamwork
Friendly
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Honesty

Friendly

Teamwork

Treat people and things with honesty and integrity.

Hold a friendly attitude towards colleagues, customers, suppliers, distributors, and the environment; engage in friendly interactions and fulfill social responsibilities.

Not self-centered, support others, demonstrate a spirit of teamwork to achieve the ultimate goals of the team.

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Business Locations across Taiwan

• 11 logistics and Northern warehousing centers • 27 stations Region • 578 delivery trucks

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• 3 logistics and

• Central Warehousing centers • 12 stations

Region

• 197 delivery trucks

Operating Facilities

• 5 logistics and

• warehousing centers • 17 stations

Southern • 248 delivery trucks Region (Including, Kinmen, Penghu)

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 56 stations

• 4 transshipment center

• 19 logistics and

warehousing centers Delivery fleet

• 1023 Delivery trucks

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Business Model

Information Flow

Home Delivery

Sender Cash Flow

Recipient

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Logistics Total Solution Services

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Operation Control Center

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AIoT 2.0
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Main items of service

• Home delivery

• Customer to Customer (C2C)

• Business to Customer (B2C)

• Customer to Business (C2B)

• Physical distribution

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• Warehouse service

• Distribution service

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Baggage Delivery

The services we provide: 、 、 Baggage Delivery Baggage Packing 、 Baggage wrapping Luggage Storage Service.

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Taipei Songshan Airport (Terminal 1 Arrival hall)

Taiwan Taoyuan International Airport

、 、 (Terminal 1 2 Arrival hall Departure hall)

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02. Operation Performance

Annual Revenue

Unit: NTD Thousand

Revenue

4,800,000 4,509,706 4,600,000 CAGR ： 4,400,000 +8.07% 4,200,000 4,000,000 3,800,000 3,600,000 3,400,000 3,200,000 3,059,610 3,000,000 2,800,000 2,600,000 2,400,000 2,200,000 2,000,000 2017 2018 2019 2020 2021 2022

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Operating Performance for January to July 2023

Unit: NTD Thousand

Revenue

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3,000,000 YoY:
2,621,896
-7.9%
2,413,920
2,500,000
2,000,000
1,500,000
1,000,000
500,000
-
2022.01-07 2023.01-07
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Profit and Loss Changes in Q1 and Q2 of 2023

Unit: NTD Thousand

Revenue

Operating Margin

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1045000 30000 28,039
1040000 1,038,136 QoQ:
QoQ: 25000
1035000 +301.3%
1030000 +3.0%
20000
1025000
1020000
15000
1015000
1010000 1,007,852
10000
1005000 6,987
1000000
5000
995000
990000
0
Q1 Q2
Q1 Q2
Q1 Q2
Q1 Q2
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03. Strategy and prospect

Four Major Market Trends

01

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02

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D o m e s t i c E - c o m m e r c e C r o s s - b o r d e r E - c o m m e r c e

L o w - t e m p e r a t u r e F o o d M a r k e t

03

C o l d S t o r a g e

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S m a r t l o g i s t i c s D i g i t i z a t i o n G r e e n t r a n s p o r t a t i o n

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Strategic Direction for 2023

ESG

E-commerce

Digital Transformation

Reduce carbon footprint, promote sustainable transportation, enhance employee welfare, increase supply chain transparency, strengthen governance practices, and foster industry sustainability and social responsibility.

Provide efficient and swift delivery services, establish warehousing networks to meet the rapidly growing demands of e-commerce, while also exploring intelligent technologies and green sustainable solutions to adapt to evolving market needs.

Utilize technologies such as Internet of Things (IoT) and big data analytics to enhance operational efficiency, achieve real-time monitoring, intelligent warehousing, and smart delivery, optimize supply chain management, and provide customers with faster and more reliable services.

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Key Focus of Business Development

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Strengthen the existing e-commerce market and ensure profit enhancement

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Logistics is moving towards comprehensive cold chain development

• Consolidate the EC market strategy and actively develop mid to

large-sized customers

Seize opportunities in bulk retail and department store e-commerce. Explore opportunities in health food e-commerce. Pursue e-commerce opportunities on online platforms.

• Route Performance Management Regularly review the performance of 1,400 routes and evaluate consolidation options for routes with no benefits.

• Adjust SD salary structure to enhance the productivity of our inhouse SDs

• Cold Chain Logistics Service Strategies

With the continuous growth in demand for cold temperature goods, establish cold storage warehouses to enter the cold chain market.

• Innovative Application of Cold Chain Technology

Implement intelligent and automated cold chain technologies, such as temperature monitoring systems and automated storage, to ensure the safe transportation of low-temperature goods.

Use salary incentives to motivate SDs and increase their productivity.

• Focus on operational service quality to improve the D+1 delivery rate

Prioritize quality to enhance customer satisfaction.

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Future Development

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Quality Digital
transformation
improvement
Promote digital
Increase customer
operation/
satisfaction
Optimize warehouse
system
Sustainable
New markets
development
Replace old
Develop
vehicle/Purchase
new markets
electronic vehicle
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04.Other |Q&A|

Q&A

“We care, We deliver on time”

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Line
#web
#easygo
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https://www.e-can.com.tw

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LINE ID:@pelicantw