THE ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR THE YEAR 201 8 MONDAY, APRIL 23, 2018 ARNOMA GRAND BANGKOK HOTEL
VOTING REGULATIONS One share equals to one vote. All votes are counted as “approved” except the voting cards that have been turned in with “no” or “abstain”. Shareholders who do not approve or abstain the agenda, please mark in the voting card and give to staff. The voting card that has been modified without certified signatory, or has been marked more than one box, will be considered as a void card. For shareholders who have assigned the proxy, their votes have been included in the system. After the announcement of the vote, the result is deemed final. 2 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 1 TO CONSIDER AND APPROVE THE MINUTE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR THE YEAR 2017 3 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 1 TO CONSIDER AND APPROVE THE MINUTE OF ANNUAL GENERAL MEETING FOR THE YEAR 2017 BOARD OPINION: The Minutes of the Annual General Meeting of Shareholders for the year 2017 was correctly and accurately recorded and contained the resolution of the Annual General Meeting of Shareholders for the year 2017. The Company should propose that the Annual General Meeting of Shareholders should acknowledge and certify the Minutes of Annual General Meeting of Shareholders for the year 2017, held on Thursday, April 20, 2017. 4 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 2 TO ACKNOWLEDGE THE PERFORMANCE OF THE COMPANY FOR THE YEAR 2017 5 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 2 TO ACKNOWLEDGE THE PERFORMANCE IN 2017 BOARD OPINION: The Company should report its business performance for the year 2017 as presented in the Annual Report 2017 to the Annual General Meeting of Shareholders for acknowledgement. 6 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
MAJOR EVENTS IN 2017 Acquired 25.1% of Sakthi Global Auto Holdings Limited (SGAH) (UK) and form strategic partnership with Sakthi Group Sale of 14.95% Sale of 25% equity in equity in Jackspeed Quantum Inventions Corp. (SG) Pte. Ltd. (SG) 7 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
2017 THAILAND CAR PRODUCTION GREW 2.3% YOY TO 1.988 MILLION UNITS, AS COMPARED TO 1.944 MILLION UNITS IN 2016 Thailand Automotive Industry Overview 2001-2017 Production Volume Domestic Sales Export Volume Millions 3.0 First car campaign 2.5 2.3% Tsunami & Flood 2.0 Global Financial Crisis 1.5 1.0 0.5 0.0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 …. Source: The Federation of Thai Industry 8 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
2017 REVENUE WAS BAHT 16.6 MILLION (+9.9%); NET PROFIT MARGIN SIGNIFICANTLY INCREASED FROM 3. 6 % TO 7. 0 % Total Revenues Net Profit to Equity Holders Revenues Interest One-Off Income Net Profit Net Profit Margin (%) Billions Billions 18.0 1.8 9.0% 16.0 1.6 8.0% 14.0 1.4 7.0% 7.0% 1.2 6.0% 12.0 10.0 1.0 5.0% 0.8 4.0% 8.0 3.6% 3.6% 0.6 3.0% 6.0 2.4% 2.1% 0.4 2.0% 4.0 0.2 1.0% 2.0 - 0.0% - 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Note: 2017 Revenue and Net Profit include Bt.191 million interest income from SGAH and Bt.160 gain from sale of investments in QI (Singapore) 9 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
REVENUE INCREASES WERE DRIVEN BY GOOD SALES GROWTH IN BOTH AUTO PARTS AND CAR DEALERS IN ALL COUNTRIES Total Revenue by Segment Total Revenue by Country 2016 2017 2016 2017 Billions Billions 8.6% 7.2% 12.0 14.0 10.45* 11.91* 9.63 11.11 12.0 10.0 12.6% 10.0 8.0 15.6% 6.17 8.0 5.48 6.0 6.0 29.8% 4.06 4.0 3.51 4.0 2.0 2.0 0.68 0.52 - - Auto Parts Car Dealers Thailand Malaysia China Note: * include Bt.191 million interest income from SGAH and Bt.160 gain from sale of investments in QI (Singapore) 10 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
10 15 20 25 30 35 40 45 AH Share price (in Baht) AAPICO HITECH PUBLIC COMPANY LIMITED HIGHEST SHARE PRICE GROWTH IN 2017 AH RANKED NO.6 AMONG TOP 10 STOCK OF THE 0 5 5/1/2016 13/1/2016 9.15 27/1/2016 10/2/2016 25/2/2016 10/3/2016 24/03/2016 8/4/2016 27/04/2016 16/05/2016 31/05/2016 14/06/2016 28/06/2016 13/07/2016 29/07/2016 15/08/2016 29/08/2016 9/12/2016 26/09/2016 10/10/2016 25/10/2016 THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS 8/11/2016 22/11/2016 30/12/2016 7/12/2016 22/12/2016 16.00 +277% 9/1/2017 23/1/2017 6/2/2017 21/2/2017 7/3/2017 21/3/2017 4/4/2017 21/4/2017 8/5/2017 23/5/2017 6/6/2017 20/6/2017 4/7/2017 19/7/2017 3/8/2017 18/8/2017 1/9/2017 15/9/2017 29/9/2017 16/10/2017 1/11/2017 29/12/2017 15/11/2017 34.50 29/11/2017 15/12/2017 11 29/12/2017
PROPOSED DIVIDEND PAYMENT FOR 2017 AT BAHT 1.20 PER SHARE Dividend Payment in 2013-2017 Dividend Yield Core EPS Annual DPS Dividend Payout Average Share Price Dividend Yield 4.0 40% 30 6% 3.5 35% 25 5% 3.0 30% 20 4% 2.5 25% 2.0 20% 15 3% 1.5 15% 10 2% 1.0 10% 5 1% 0.5 5% - 0% 0 0% 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Note: Dividend yield based on average share price in the year 12 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
MAJOR AWARDS & ACHIEVEMENTS IN 2017 2016FY Loss Reduction Project Champion Group B and The Best in Delivery Award From Isuzu Motors Company (Thailand) Limited Given to AAPICO Structural Products Company Limited 13 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
MAJOR AWARDS & ACHIEVEMENTS IN 2017 2016 Supplier Quality Q Award for Excellent Quality 2017 Best Support Award Excellence Status Recognition from Ford Motors Thailand from General Motors from Auto Alliance Thailand given to AAPICO Hitech PLC given to AAPICO Hitech PLC given to AAPICO Hitech PLC 14 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
MAJOR AWARDS & ACHIEVEMENTS IN 2017 Honda CEO Award from Honda Malaysia given to New Era Sales (M) Sdn. Bhd. and Tenaga Setia Resources Sdn. Bhd. 2017 Elite Dealer Award Given to New Era Sales (M) Sdn. Bhd. Top 7 Accessories Sales Award Given to Tenaga Setia Resources Sdn. Bhd. The Winner of TCC-TPS Activity 2017 2017 Top 5 Sales Award from Toyota given to New Era Sales (M) Sdn. Bhd. given to AAPICO Hitech PLC 15 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
CSR ACTIVITIES IN 2017 16 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
2018 THAILAND CAR PRODUCTION FORECASTED TO REACH 2.0-2.1 MILLION UNITS DRIVEN BY CONTINUING DOMESTIC SALES GROWTH Thailand Automotive Industry Overview 2001-2017 Production Volume Domestic Sales Export Volume Millions 3.0 First car campaign 3-5% 2.5 2.45 2.46 Tsunami & Flood 2.0 Global Financial 1.88 1.91 1.94 Crisis 1.5 1.65 1.46 1.19 1.29 1.39 1.0 1.13 1.00 0.93 0.75 0.5 0.46 0.58 0.0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 …. Source: The Federation of Thai Industry 17 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 3 TO CONSIDER AND APPROVE THE AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR 2017 ENDED AS OF DECEMBER 31, 2017 AND THE AUDITOR’S OPINION 18 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 3 TO CONSIDER AND APPROVE THE AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR 2017 BOARD OPINION: The Company should propose that the Annual General Meeting of Shareholders approve the audited financial statements for the fiscal year 2017 ended as of December 31, 2017, which were considered by the Audit Committee and audited by a certified public accountant. 19 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 4 TO ACKNOWLEDGE INTERIM DIVIDEND PAYMENT AND TO CONSIDER AND APPROVE THE DIVIDEND PAYMENT FOR THE PERFORMANCE IN 2017 20 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
AGENDA 4 TO ACKNOWLEDGE INTERIM DIVIDEND AND APPROVE DIVIDEND PAYMENT FOR THE YEAR 2017 Dividend Policy: The Company has a policy to pay dividend of not less than 10% of net profit after taxes. However, the decision for dividend payment is subjected to future investment plans and other necessities as the Company deems appropriate in the future. Interim Dividend Payment: The Company has made an interim dividend payment for the performance in January-June 2017 at the rate of Baht 0.60 per share, which is equal to a total amount of Baht 189,944,138.40- 21 AAPICO HITECH PUBLIC COMPANY LIMITED THE 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS
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