MK Restaurant Group PCL (M) 4Q2015 Presentation Results March 2016 - PowerPoint PPT Presentation

Company Presentation MK Restaurant Group PCL (“M”) 4Q2015 Presentation Results March 2016 Strictly Confidential

Agenda Company Overview 4Q2015 Key Financial Highlights Business Update 1

Business Structure MK Restaurant Group Plc. “M” Suki restaurant : MK Suki, MK Gold  Thai restaurant : Na Siam, Le Siam  Japanese restaurant : Hakata, Miyazaki  Coffee shop & Bakery : Le Petit  Franchise  100% 100% 100% 50% 12% MK Interfoods Co.,Ltd. MK Services Training International Food Plenus & MK Pte.Ltd. Plenus-MK Co.,Ltd. “MKI” “ Plenus & MK” “ Plenus MK” Center Co.,Ltd. Supply Co.,Ltd. “MKST” “IFS” (Joint Venture) (Joint Venture) Restaurants in Singapore Training services for MK Food manufacturer & Japanese restaurant:  MK Restaurants in Japan     Registered Capital: group Distributor  Yayoi Registered Capital:  SGD12.5 Million (~ 320 Registered Capital: 35 Registered Capital: 100 Registered Capital: 400   JPY250 Million (~80 MB)  MB MB MB) MB 2

Restaurant Outlets in Thailand Type of Business Restaurants Brand No. of Outlets Average Spending (THB) Suki Restaurant MK 413 300 6 520 MK Gold Japanese Restaurant 140 240 Yayoi Miyazaki 22 280 Hakata 3 200 Thai Restaurant 1 270 Na Siam 4 590 Le Siam 3 160 Coffee Shop & Le Petit Bakery 3 Remark: Data as of Dec 2015

Dominant Position in Chained Restaurant Industry Leader in chained restaurant industry with nationwide branches coverage 419 Extensive Coverage Nationwide 407 381 354 Branches 314 North 222 218 53% MK & MK Gold 22 205 182 Yayoi 5 157 North East MK & MK Gold 52 West Yayoi 12 MK & MK Gold 18 Yayoi 4 197 189 176 47% 172 157 East MK & MK Gold 46 Central Yayoi 12 MK & MK Gold 37 Yayoi 11 2011 2012 2013 2014 2015 BKK & Greater BKK MK & MK Gold 197 Bangkok & Metropolitan area Provincial area Yayoi 89 140 129 113 51 South 50 91 36% 47 MK & MK Gold 43 Yayoi 7 64 30 Vietnam Japan Singapore Lao PDR 22 89 an Japan an an 64% 79 70 61 42 MK 30 MK 2 / Yayoi 6 MK 1 / Miyazaki 1 MK 4 2011 2012 2013 2014 2015 Bangkok & Metropolitan area Provincial area 4

Same-Store Sales Growth Negative Same-Store Sales Growth primarily due to the economic slowdown 1% 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 -1% 0% -4% -6% -8% -9% -12% 7% 3% 3% 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 -3% -5% -8% -8% -10% 5

Agenda Company Overview 4Q2015 Key Financial Highlights Business Update 6

Total Revenues and Net Profit Total Revenues Net Profit 14,957 14,923 14,139 13,141 10,824 9,078 2,031 2,039 2,042 1,856 1,625 1,234 2010 2011 2012 2013 2014 2015 %YoY Growth 2010 2011 2012 2013 2014 2015 Total Revenues 13% 19% 21% 8% 6% 0% Net Profit 26% 32% 25% 0% 0% -9% 7

Revenues Growth In 2015, revenues from sales & services were almost flat compared to the prior year due largely to the weak of purchasing power of consumers and severe competition in restaurant business. Revenues from Sales and Services Revenue Contribution THB Million Others 0% YoY 2% Yayoi 14,492 14,478 16% -4% YoY 3,342 3,643 3,708 3,799 3,585 3,749 3,481 3,665 MK MK 82% 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015 82% Gross Profit THB Million 0% YoY 66.5% 65.9% 66.0% 66.2% 64.5% 65.2% 66.5% 65.9% 65.0% 65.6% 14,000 60% 12,000 9,507 9,534 50% 10,000 -4% YoY 40% 8,000 30% 6,000 20% 4,000 2,526 2,419 2,367 2,471 2,435 2,350 2,261 2,212 10% 2,000 - 0% 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015 8

SG&A Expenses In 2015, SG&A increased 3% compared to the prior year primarily due to the increase of fixed expenses such as rent, depreciation and amortization. SG&A 2015 SG&A Expenses Breakdown THB Million +3% YoY 53% 52% 51% 51% 50% 10,000 51% 51% 50% 49% 50% Others, 22% 47% 9,000 7,428 7,660 8,000 40% 7,000 Personel, 52% Utilities, 8% 6,000 30% 5,000 +5% YoY 4,000 Rental, 18% 20% 3,000 1,750 1,962 1,876 1,839 1,880 1,942 1,908 1,929 2,000 10% 1,000 - 0% 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015 9

EBITDA & Net Profit In 2015, EBITDA & Net Profit dropped 5% and 9% YoY respectively compared to the previous year EBITDA THB Million 26% -5% YoY 22% 5,000 22% 25% 22% 22% 22% 22% 21% 18% 19% 4,000 20% 3,290 3,139 3,000 15% -18% YoY 2,000 10% 1,008 847 847 800 829 747 689 664 1,000 5% - 0% 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015 Net Profit THB Million 16.6% -9% YoY 4,000 16.0% 13.7% 13.7% 13.5% 3,500 13.4% 13.0% 13.1% 12.4% 14.0% 3,000 10.7% 12.0% 10.2% 2,500 2,042 10.0% 1,856 2,000 8.0% -24% YoY 1,500 6.0% 650 1,000 4.0% 522 516 495 468 480 403 365 500 2.0% - 0.0% 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015 10

Financial Ratio Liquidity is at a comfortable level as well as strong capital base to support growth D/E Ratio Current Ratio 0.17 5.2 0.16 20,000 4.7 0.15 12,998 12,681 15,000 0.10 10,000 0.05 5,000 2,124 2,198 - - 31-Dec-14 31-Dec-15 31-Dec-14 31-Dec-15 Total Liabilities Shareholders's Equity D/E ROA (%) ROE (%) 16.2% 13.7% 14.5% 12.4% 31-Dec-14 31-Dec-15 31-Dec-14 31-Dec-15 11

Agenda Company Overview 4Q2015 Key Financial Highlights Business Update 12

Notable Events in 2015  March 26, 2015 Master Franchise Agreement Signing Ceremony between MK Restaurant Group Public Company Limited and Premium Food Company Limited (Lao PDR) Launched Community Food Mall “ London Street ” including 5  March 27, 2015 brands: MK, Yayoi, Miyazaki, Le Siam & Le Petit  June 17, 2015 Awarded “ Best Public Company of the Year 2015 ” – Agriculture and Food Industry from “Money & Banking Magazine”  August 11, 2015 Set up “ International Food Supply Co.,Ltd. ” with registered share capital of Baht 100 million being engaged in the manufacture and distribution of food. Awarded “ ASEAN Excellent Enterprise & Businessman ” and  November 27, 2015 “ ASEAN Admired Brand ” from Vietnam Quality Association of Ho Chi Minh City.  December 16, 2015 Opened the first MK Restaurant and Miyazaki Teppanyaki in Vientiane, Laos.  December 24, 2015 Opened the fourth MK Restaurant in Vietnam. 13

Outlet Expansion Plan Continued expansion strategy with shopping complexes, modern trade stores and community malls covering nationwide Total 41 branches 5 5 4 4 4 4 4 No. of New 3 3 3 outlets opened in 2015 1 1 MK Yayoi Others 1Q15 2Q15 3Q15 4Q15 25 20 Plan No. of New Outlets in 2016 5 MK Yayoi Others 14

2015 Marketing Campaign – MK Suki 15

2015 Marketing Campaign – MK Suki 16

2015 Marketing Campaign – Yayoi 17

2015 Marketing Campaign – Yayoi 18

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