PERFORMANCE 2018 OPPORTUNITY DAY 13 March 2019 @ The Stock - PowerPoint PPT Presentation

PERFORMANCE 2018 – OPPORTUNITY DAY 13 March 2019 @ The Stock Exchange of Thailand Building 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY

Disclaimer The information (“Confidential Information”) contained in this presentation is strictly confidential and is provided by Chaoprayamahanakhon Public Company Limited (the “Company”) to you solely for your reference. 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 reproduced 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. 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. This presentation is for information purposes only and does not constitute or form part of any offer or invitation for sale or subscription of or solicitation or invitation of any offer to or recommendation to buy or subscribe for any securities, nor shall it or any part of it form the basis of or be relied on in connection with any contract, commitment or investment decision in relation thereto in Thailand, United States or any other jurisdiction. Any such purchase should be made solely on the basis of the information contained in the announcements to the Stock Exchange of Thailand relating to such securities. No reliance may be placed for any purposes whatsoever on the information set forth in this presentation or on its completeness. This presentation contains projections and forward‐looking statements that reflect the Company's current views with respect t o 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. You are cautioned not to place undue reliance on these forward-looking statements. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. Such forward‐looking sta tements are not guarantees of future performance and accordingly, the actual results, financial condition, performance or achievements of the Company may differ materially from those forecasted and projected or in the forward‐looking statements. 2 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY

Company Profile VISION “We will be the Excellent LIVING Development Provider.” Revenue (THB mm) Residential project development in the Middle-High Target Market 42.5% 42.4% 42.1% 41.5% 40.3% 39.3% 2,091 2,000 1,649 1,525 1,419 • Construction Service 972 Residential project • Construction Equipment development in the Rental Service Middle Target Market • Construction Part Manufacturing and Supply FY13 FY14 FY15 FY16 FY17 FY18 : gross profit margin • Property rental Service • property management service 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY

Our Evolution Start-up Building market presence and expertise CMC Rising 1994 – 2009 2018 onwards 2010 – 2017 • CMC was established in 1994 with registered • Launched new mega project “ Bangkok Horizon Phetkasem ”, • IPO on 19 Nov 2018 capital of THB 5 mm, to become a residential the largest condominium in the Thonburi area at that time. • New innovative product design. property developer. • The leader in technology of the low-rise condominium • Improve the Company’s supply chain. • Start developed first project, low-rise developer by first implementing the Video Door Phone and • Owned brand furniture and construction products condominium, “ Baan Praya Pirom ” Digital Door Lock System. • Increase revenues portion from equipment for rent • CMC group had restructured in which CMC • “ CMC We Care ”, the customer service program and construction service. acquired 100% shares of PPP , SMP and TSN from • Implemented “CMC 4.0” program. • Start operate property management service the existing shareholders. This restructuring • New product design for the facility building, first adapting in • Business expansion by joint venture with the allowed CMC to become the property developer project “ CT Charan 96/2 ” international leading developer (e.g. Chinese) with in-house construction department. The Clev • Launch CMC 4DX Theater joining with ICON Cineconic for • Expanded business into horizontal project, • First Implemented green technology in product line. Brand Recognition and Customer Retention Program SDH and TH, under “ The rich ” and “ Kasa • Owned-brand construction material and furniture • Plan to launch “The C - Series” new brands of CMCG “ The Eureka ” brand • Guaranteed by ISO 9001 and ISO 14001 Cuvee Tiwanon ” “ The Clev Wongsawong ” “ CyBIQ • Launched a new low-rise condominium brand Ramkamhaeng ” and “ CyBIQ Ratchada 36 ” to capture the “Chateau in town” and “ Bangkok Fe’liz” future growth. targeting on middle market segment. • Preparing to launch 10 new residential projects with total • Expanded business into high-rise project value of THB 10,000 Million condominium under “ Bangkok Horizon ” brand Digital Door Lock Precast Furniture EPS 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY

Our Strength Improvement Along Value Chain Value Chain Sales Property Management Development Other income Construction & Support TSN CMC/PPP SMP CMC/PPP SMP/TSN • 3 brands condominium • Property management business • Continuously improve the Domestic market: • Construction services mainly focusing on economy opportunity to approach 10 future construction technology In-house sales force and • Sell owned-brand and main class segment projects which developed by CMCG as (e.g. green technology to selling agent experts construction material • Plan to launch 3 new brands well as any other developers decrease waste, dirtiness, International market: and furniture such as to capture the new • any other services such as swampy at construction Potential partnership with precast concrete, EPS opportunity. housekeeping service, house site and decrease international partners to wall, kitchenware, • Continuously improve in maintenance service etc. construction time) capture new demand from built-in closet etc. product design (e.g. double • Manage “CT Charan 96/2” for the first foreign market. • Construction facilities condominium) project. equipment for rent • Also provide the agent service for the with operating staff customers who would like to rent its included. rooms Potential partnership with • Strategically manage customer’s the international partner to satisfaction by providing such after- improve these area from sales services partner’s expertise 5 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY

2018 Highlight +69% on Net Income Growth +20% on Revenue Growth Of Gross Profit 42.5% Margin 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY

Revenue Breakdown Real Estate Development 2% 1% 10% 96% Housing 3% 23% 2,000 1,931 25% M.Baht M.Baht Construction 3% 62% 74% Low-Rise 1% Condo Others Real Estate Contruction Others 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY

Financial Highlight Revenue (THB million) Consolidated Financial Results Baht million 2016 2017 2018 % Chg. 2,133.1 2,000.2 1,675.6 19.4% Total Revenue 2,133.1 1,675.6 2,000.2 2,090.7 other 1,931.0 26.6% revenues Revenue from Real Estate 2,090.7 1,525.2 1,931.0 1,525.2 n.m. - - 15.0 Revenue from Construction revenue from real -64.0% 42.3 150.4 54.2 Other Income estate 30.4% 879.2 633.7 826.5 Gross Profit 2016 2017 2018 (248.6) (224.6) (207.6) -7.6% Selling Expense Gross Profit (THB million) (233.1) (212.4) (196.6) -7.4% Administrative Expense 1,000 46% 879.2 826.5 414.7 343.2 449.0 30.8% EBIT 800 633.7 44% (209.6) (198.4) (143.5) -27.7% Financial Cost 600 42% gross profit 42.5% 42.1% 400 40% 41.5% 156.2 126.6 213.8 68.8% Net Profit 200 38% gross margin 59.9% Basic Earnings per Share (Baht) 0.21 0.17 0.27 0 36% 2016 2017 2018 13 March 2019 @ The Stock Exchange of Thailand Building CMC PERFORMANCE 2018 – OPPORTUNITY DAY