Opportunity Day 2017 My Life My Origin Presented by IR Team - PowerPoint PPT Presentation

Opportunity Day 2017 My Life My Origin Presented by IR Team 12-Mar-2018

2 Disclaimers The information ( “ Confidential Information ” ) contained in this presentation provided by Origin Property Public Company Limited is strictly confidential and 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 share in Origin Property Public Company Limited ( “ Company ” , and shares in the Company, “ Shares ” ) in any jurisdiction, not should it or any part of it form the basis of or be relied upon in any connection with any contract or commitment whatsoever. Neither this presentation nor any part thereof may be (i) used or relied upon by any other party or for any other purpose; (ii) copied, photocopied, duplicated or otherwise reproduce in any form or by any means; or (iii) redistributed, passed on or otherwise disseminated to any other person either in your organization or elsewhere, without the prior written consent of the Company. By attending this presentation, participants agree not to remove this document, or any materials provided in connection herewith, from the conference room where such documents are provided without express consent from the Company. In addition, this presentation contains projection 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 contingenciesas 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 projects 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 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. 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, 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.

3 Presentation Contents 1 Company Overview 2 Summary of Operating Performance Y2017 3 Business Outlook 4 2018 Business Plan 5 5 years plan

Company Overview 4 Joint Venture Residential For Sale 5 Projects 39 Projects Project value 19,600 MB Project value 51,908 MB 1 Project 1 Project Project value 2,500 MB Project value 800 MB Recurring Income Services Business 3 Projects Revenue from service Project value 8,500 MB Approx. 100 MB /year (Calculate by Income approach method)

Origin Residential Product 5 Luxu xury ry > 200,000 Baht/Sq.m. High h End 120,000 – 200,000 Baht/Sq.m. Mid End 80,000 – 120,000 Baht/Sq.m. Entry ry Level el < 80,000 Baht/Sq.m. A modern residence with “ London luxury affordable ” concept to fit with all family members ’ need .

Origin Housing 6

Product Segmentation 7 Single Detached House ( Premium) 20 20% 8-20 MB Single and/or Detached House ( Economy) 40 40% 5-8 MB Townhome/Home Office 40 40% 3-5 MB

Joint Venture 2017 8 TOTAL PROJECT VALUE 22 22,5 ,500 00 MB. Hotel Condomin ominiu ium KNIGH GHTSBR TSBRIDGE IDGE KNIGH GHTSBR TSBRIDGE IDGE KNIGH GHTSBR TSBRIDGE IDGE KNIGH GHTSBR TSBRIDGE IDGE PARK RK THO HONGLO NGLOR STAY AYBR BRIDGE IDGE SUITE ITE COLLAGE - RAMKHAMHAENG PRIME - ONNUT PRIME - RATCHAYOTHIN SPACE - RATCHAYOTHIN (PHASE 1) THONG LOR (Hotel Project value 2,500 MB which is calculated by Income approach method)

Benefit from Joint Venture 9 x • KNOW HOW – TECHNOLOGY, INNOVATION DESIGN • CUSTOMER BASED STRATEGY • PROPERTY MANAGEMENT • BROKERAGE – CUSTOMER NETWORK

Potential JV Business 10 CONDO DOMI MINI NIUM UM CONDO DOMI MINI NIUM UM HOTEL L & SERVICE VICED D HOTEL L & SERVICE VICED D APARTMEN ARTMENT APAR ARTM TMEN ENT PROPE OPERT RTY PROPE OPERT RTY MANAGEM AGEMENT ENT MANAGEM AGEMEN ENT ORIGIN N 24 24 RETA TAIL L / OFFICE FICE RETA TAIL L / OFFICE FICE HOUSI USING NG HOUSI USING NG WAREH REHOUSE OUSE WAREH REHOUSE OUSE

11 Recurring Income

BUSINESS STRUCTURE 12 BUILD TO SUIT WAREHOUSE

RECURRING INCOME BUSINESS PLAN 13 TOTAL PROJECT VALUE 14 14,50 500 MB. NEW NEW ORIGIN N 24 24 HAMP MPTON TON II HAMPT PTON ON I BANGKOK BANGKOK THONGLOR CHONBURI SIRACHA SIRACHA LEAMCHABANG HOTEL TEL & SERVI RVICE CE APARTME TMENT NT HOTEL TEL & SERVI RVICE CE APARTME TMENT NT HOTEL TEL & SERVI RVICE CE APARTME TMENT NT MIXED ED USE NEW PROJEC JECT NEW PROJEC JECT Asset Value by Income approach Asset Value by Income approach Asset Value by Income approach Asset Value by Income approach method 2,500 MB, 303 units method 2,200 MB, 347 units method 2,800 MB, 400 units method 3,500 MB, 400 units 2020 2020 2021 2021 2022 2022 2023 2023

ORIGIN ONE BANGKOK CLUSTER 14 MIXED USE HOTEL & SERVICE APARTMENT OFFICE PHAYA YA THAI AREA EA MIXED D USE PHAYATHAI HOTEL & SERVIC ICE APAR ARTME TMENT NT **FUTURE PLAN** RAMA IX **FUTURE PLAN** HOTEL & SERVIC ICE APAR ARTME TMENT NT SUKHUMVIT **FUTURE PLAN** HOTEL & SERVIC ICE APAR ARTME TMENT NT MIXED D USE THONGLOR MIXED D USE SUKHUMVIT SATHORN OFFICE FICE **FUTURE PLAN** SUKHUMVIT LOWER ER SUKHUMVI VIT-SATHORN RN **FUTURE PLAN** MID SUHUMVIT T AREA AREA HOTEL & SERVIC ICE APAR ARTME TMENT NT BANGNA **FUTURE PLAN**

ORIGIN ONE EEC CLUSTER 15 EXC XCLU LUSIVE SIVE ARE REA : CHO CHONBU BURI RI & RA RAYONG NG ARE REA SIRAC RACHA HA & LEAMC MCHAB ABAN ANG G AREA EA RAYO YONG NG AREA EA >> POTEN ENTIAL TIAL RAYO YONG NG AREA EA HOTEL EL & SERVI VICE E APARTM TMENT ENT CHONBURI SIRACHA SIRAC RACHA HA AREA REA MIXED D USE RAYONG HOTEL & SERVIC ICE APAR ARTME TMENT NT RAYONG HOTEL EL & SERVI VICE E APARTM TMENT ENT PA PATTAYA AR AREA EA >> > PO POTEN ENTI TIAL SIRACHA LEAMCHABANG MIXED D USE SIRACHA LEAMCHABANG HOTEL & SERVIC ICE APAR ARTME TMENT NT LEAMC MCHA HABA BANG NG AREA REA PATTAYA PATTAY AYA A AREA EA

16 Summary of Operating Performance Y2017

2017 Key Deliverables 17 Acquired 100% share of Knightsbridge The Ocean Proud Residence Co.Ltd. First project in EEC completed Q3 May Sept Dec Joint Venture with One of Nomura Real Estate SET 100

Financial Highlight Y 2017 Presale 2017 18 14,757 MB increase 3,913 MB (36%) due to 12 Months the increase of presale the new projects 2016 2017 Diff % Diff Presale 10,843.9 14,760.0 3,916.1 36.1% Total Revenues 2017 9,988 MB increase 6,789 MB (212%) due to mainly the completion of 9 12 Months projects in the year 2017 and gain on sales of investments in subsidiaries 2016 2017 Diff % Diff 641mb (Joint Ventures with Nomura Real Estate Development ” (NRED) – Revenues Revenues from sale 3,153.1 8,764.9 5,611.8 177.98% one of world ’ s leading real estate developer in Japan) Gain from selling sub-ordinary co., 0.0 641.1 641.1 100.00% Other revenues 46.0 581.8 535.8 1165.46% COGS 2017 Total revenues 3,199.0 9,987.7 6,788.7 212.21% 5,662 MB increase 3,938 MB (228%) which was in line with the increase COGS 1,724.2 5,662.4 3,938.3 228.42% Gross Profit 1,428.9 3,102.4 1,673.5 117.12% of the revenues from sale and recognize cost from Purchase Price Selling expenses 507.9 1,179.2 671.2 132.15% Allocation from acquiring Park Origin Co.,Ltd (formerly known as “ Proud Admin expenses 158.5 273.3 114.8 72.46% Residence Co.,Ltd ” ) on October 2nd, 2017 EBIT before Gain / (Loss) from JV co., 808.5 2,872.8 2,064.3 255.34% Gain / (Loss) from JV co., 0.0 (218.5) (218.5) -100.00% EBIT after Gain / (Loss) from JV co., 808.5 2,654.3 1,845.9 228.32% NP 2017 Interest expenses 6.8 51.0 44.2 651.25% 2,020 MB (20.23%) increase 1,383 MB (217%) mainly due to an increase EBT 801.7 2,603.4 1,801.7 224.74% of revenue recognitions from sale and Tax 162.1 582.9 420.9 259.64% Net Profit 639.6 2,020.4 1,380.8 215.89% Net Profit (Equity Holder) 637.6 2,020.9 1,383.3 216.97% %GP 35.4% that was recognized cost from Purchase Price Allocation % Gross Profit 45.32% 35.40% from acquiring Park Origin Co.,Ltd as accounting method % Selling expenses 15.9% 11.8% %NP 20.23% has been also increase from 2016 % Admin expenses 5.0% 2.7% % Net Income (Equity Holder) 19.93% 20.23%