ANALYST MEETING November 22, 2019 1
Disclaimer The information (“Confidential Information”) contained in this presentation is strictly confidential and is provided by JKN Global Media Public Company Limited (the “Company”) to you solely for your reference. This presentation is confidential and its content may not be copied, reproduced, redistributed, quoted, referred to or otherwise disclosed, in whole or in part, directly or indirectly, to any third party without the prior written consent of the Company. Although care has been taken to ensure that the Confidential Information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the Confidential Information is subject to change without notice, its accuracy is not guaranteed, has not been independently verified and it may not contain all material information concerning the Company. None of the Company respective directors makes any representation or warranty (express or implied) regarding, and assumes any responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein. None of the Company or any of their respective members, directors, officers, employees or affiliates nor any other person accepts any liability (in negligence, or otherwise) whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith. This presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for any securities in Thailand or any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. This presentation contains projections and forward-looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the Company and its directors. You are cautioned not to place undue reliance on these forward looking statements, which are based on the current view of the management of the Company on future events. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. The Company does not assume any responsibility to amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or words of similar meaning. Such forward-looking statements are not guarantees of future performance and actual results may differ from those forecast and projected or in the forward-looking statements as a result of various factors and assumptions. 2
Agenda Company Overview Financial Highlights Business Outlook Q&A 3
COMPANY OVERVIEW 4 4
A worldwide distributor of BEC International sales -Indian series Listed in The Market for Alternative Investment (mai) Company License of CNBC channel from National Broadcasting Company Universal (NBC) Background Digital TV was launched for public in Thailand JKN Dramax channel operated. Company Established with paid-up capital 1 mil Baht 5
Company Structure 99.99% 99.99% 99.99% 99.99% The TV Station broadcasting We have been Doing We have been Doing We have been Doing through CabSat and IPTV research to develop TV research to develop our research to develop our system under channel called news channel “CNBC business as Integrated business as the entire “JKN Dramax”. Thailand”. Marketing Communication financial and investment Distributor. training institution. 6
Corporate Vision To be the Number 1 global content management and distribution company in Thailand and CLMV countries. 7
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Program rights Content Platforms Content management Digital TV Cable & Satellite TV Home Entertainment Distribution Import Localization Over The Top (OTT) Our content is now cover all kind Our company is expert in All our content is instant content communicating with world-class of platform Such as digital TV , which already translated and Merchandise contents manufacturer such as, narrated into Thai before deliver Cable TV satellite Factual Entertainment, Fiction to our clients. Home Entertainment and Internet Entertainment, Asian Fiction, Animation and News. TV. Publishing The Company has divided all contents for distribution by providing. Supplying and managing contents from around the world. Ancillary 9
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Sole Distributor Exclusive Rights The company imports worldwide contents from world-class companies which most of content licenses is under the Output The company imports worldwide contents from world-class companies Deal Term. which most of content licenses is under the Output Deal Term. "The Output Deal Term" is the agreement that licensee receives "The Output Deal Term" is the agreement that licensee receives the first option to purchase and distribute the content. the first option to purchase and distribute the content . The company's famous contents are under the Output Deal The company's famous contents are under the Output Deal Term Term such as Hanumann and NaKhin. such as Hanumann and NaKhin. 13
Excusive rights Exclusive rights 14
Program rights 8 Categories 15
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FINANCIAL HIGHLIGHTS 27 27
Financial Highlight Revenue - YTD ( THBm ) Revenue - 3 mths ( THBm ) Revenue by segment 9m 2019 FY 2018 1% 3% 1% 1% 0% 4% 424 1423 Growth 22% 417 1287 1156 1059 98% 92% 846 Media Product Other Program right 361 Revenue 457 Total revenue of the company and its subsidiaries increased 304 from the increasing of revenue from program rights. The company continues its acquisition of new content rights in order to support the growth of the business. 2014 2015 2016 3Q 2018 2Q 2019 2017 2018 9M2018 3Q 2019 9M2019 28 28
Adaptability Adaptability 1950 - 2010 2011 - 2017 2018 - 2019 Analog TV Cabsat TV Content platforms Analog TV Cabsat TV DTT Cabsat TV DTT DVD Cassette Tap DVD Blu-ray CD Blu-ray USB USB Online Online Streaming Streaming Revenue by platforms (THBm) 500 433 434 383 400 350 333 269 266 300 252 253 234 225 225 180 179 179 163 200 133 128 121 111 106 84 58 59 100 33 26 21 21 22 18 8 11 11 5 6 6 - - - - - 2 - 0 - 0 - - - - - 2016 2017 2018 9m 2018 9m 2019 Cabsat DTT VOD Home Ancillary Cabsat, Home Cabsat, VOD DTT, Cabsat DTT, Cabsat, VOD DTT, VOD VOD, Home 29 29
Revenue by platforms Adaptability Revenue by platforms (THBm) 700 574 600 523 513 500 458 393 385 400 327 312 269 264 300 224 180 179 177 171 169 200 89 58 100 33 18 11 11 8 - - - - - - 2 - DTT, CABSAT (TV CABSAT DTT HOME VOD CINEMA Program) 2016 2017 2018 9m 2018 9m 2019 Unit: Million Baht 9m 2018 % 9m 2019 % Change % DTT, CABSAT (TV Program) 177 18% 171 14% (6) (3%) CABSAT 89 9% 224 18% 135 152% DTT 513 53% 327 26% (186) (36%) HOME 11 1% 18 1% 7 64% VOD 179 18% 523 23% 344 192% CINEMA - - 2 0% 2 100% 30 Total 969 100% 1,265 100% 296 31%
Revenue by platforms Adaptability Revenue by platforms (THBm) 300 273 250 200 174 173 138 150 105 105 86 100 80 78 72 69 68 67 50 3 4 1 - - - - - DTT, CABSAT (TV Program) CABSAT DTT HOME VOD 2Q 2018 3Q 2018 2Q 2019 3Q 2019 Unit: Million Baht 3Q 2018 % 2Q 2019 % 3Q 2019 % DTT, CABSAT (TV Program) 105 30% 86 19% 3 1% CABSAT - - 105 24% 68 17% DTT 174 50% 78 18% 67 16% Home - - - - 1 0% VOD 69 20% 173 39% 273 66% Grand Total 348 100% 441 100% 412 100% 31
Content by Geographic Revenue - Categories Revenue 63% 24% 402 MB 13% 863 MB 0% 10% 20% 30% 40% 50% 60% 70% Indian Philippines Other Backlog Thailand Export 318 306 12 0 50 100 150 200 250 300 350 Total Thailand Export 32
Financial Highlight Total expense (THBm) Expenses 9m 2019 1068 959 22% 830 Cost of Program rights Cost of media 558 2% 1% Cost of goods sold 75% 255 232 SG&A 2014 2015 2016 2017 2018 9m 2019 Expenses per total revenue Expenses The increase in costs resulted from increased amount of rights held 80% by the Company 59% 56% Administrative expense increased from the last year was resulting 55% 60% from the increase in employee cost to support the growth of the 40% business and new business such as news station under the name of 17% JKN CNBC, and the increase in loss on exchange rate of THB 26.27 14% 14% 20% million due to the fact that the Thai Baht value appreciated against 0% US Dollar. Cost of program right SG&A 2017 2018 9m 2019 33 33
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