VGI Global Media Plc 1Q 2017/18 Earnings Presentation 3 August 2017 - PowerPoint PPT Presentation

VGI Global Media Plc 1Q 2017/18 Earnings Presentation 3 August 2017 Prepared by Investor Relations Department VGI Global Media Plc

Disclaimer Investment involves risk. Prospective should understand the characteristics of Securities and study information about VGI Global Media Public Company Limited (“VGI” or the “Company”) before making a decision to invest in Securities. This Presentation is not intended to provide the basis for any investment decision, nor to substitute your own analysis and investigation, and should not be considered as a recommendation to any recipient of this Presentation. Some statements made in this presentation are forward-looking statements, which are subject to various risks and uncertainties. These include statements with respect to the Company’s corporate plans, strategies and beliefs and other statement that are not historical facts. These statement can be identified by the use of forward-looking terminology such as “may”, “will”, “expect” , “intend”, “estimate”, “continue”, “plan” or other similar words. The statements are based on the assumptions and beliefs of the Company’s management in light of the information currently available to the Company. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Nothing in this Presentation is, or should be, relied on as promise or representation of the Company as to the future. Prepared by Investor Relations Department 2 VGI Global Media Plc

Agenda Section 1 1Q 2017/18 Financial Performance Section 2 Business Update Prepared by Investor Relations Department 3 VGI Global Media Plc

1Q 2017/18 Overview PROFIT AND LOSS STATEMENT (THB mn) 1Q 16/17 4Q 16/17 1Q 17/18 YoY (%) 1 Operating revenue 624 863 852 36.5% 2 Cost of sales 256 357 356 39.1% 3 Gross profit 368 506 496 34.8% EBITDA 443 345 352 -20.7% Interest expenses 5 10 23 401.9% 4 NPAT from operation (excl. NCI) 187 216 192 2.8% NPAT from financial statements (excl. NCI) 313 1 204 175 -44.2% Gross profit margin 59.1% 58.6% 58.2% EBITDA margin 70.6% 40.0% 41.3% NPAT from operation margin (excl. NCI) 29.9% 25.0% 22.5% NPAT from financial statements margin (excl. NCI) 50.3% 23.7% 20.5% Note: Consolidated Outdoor media revenue from MACO since 1 June 2016. 1 Included extraordinary item from gain of fair value measurement in MACO at the acquisition date of THB 207mn. KEY HIGHLIGHTS 1 • Expansion driven by 19.8% organic growth and M&A Original business 2 • Higher cost due to full quarter effect of consolidation and +19.8% YoY organic growth higher in Transit concession fee OFFICE TRANSIT 3 • Gross profit performance in line with revenue growth Newly acquired business 4 • Net profit from operation increased due to higher sales and +96.3% YoY inorganic growth synergies between Rabbit Group DIGITAL OUTDOOR SERVICES Prepared by Investor Relations Department 4 Section 1: 1Q 2017/18 Financial Performance VGI Global Media Plc

Revenue Contribution and Key Developments TOTAL REVENUE (THB mn) 1Q 17/18 REVENUE CONTRIBUTION +36.5% YoY TRANSIT OUTDOOR 863 852 THB 459mn THB 170mn 792 772 13.4% 19.9% 11.4% 53.9% 11.2% 15.2% 624 13.0% THB 852mn 88.4% 84.8% 86.6% 88.6% OFFICE & OTHER 87.0% THB 66mn NEW 7.8% SYNERGIES 1Q 2Q 3Q 4Q 1Q DIGITAL SERVICES THB 60mn THB 97mn 2016/17 2017/18 7.0% 11.4% Out-of-Home Media Digital Services REVENUE DEVELOPMENTS (THB mn) Revenue from new synergies between VGI and Rabbit started to kick in from “Station Sponsorship” campaign. We expect to see mo re synergies across our out-of-home media platform in the remaining of 2017. 852 16 115 60 624 37 1Q 16/17 Transit New Synergies Office & Other Outdoor Digital Services 1Q 17/18 Out-of-Home Media Prepared by Investor Relations Department 5 Section 1: 1Q 2017/18 Financial Performance VGI Global Media Plc

Revenue by Business Units Broad and resilient portfolio TRANSIT MEDIA REVENUE (THB mn) OFFICE & OTHER MEDIA REVENUE (THB mn) +22.9% YoY 0.0% YoY 519 510 475 60 NEW SYNERGIES ON TRANSIT MEDIA 430 77 76 422 66 66 44 459 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q 2016/17 2017/18 2016/17 2017/18 OUTDOOR MEDIA REVENUE (THB mn) DIGITAL SERVICES REVENUE (THB mn) Consolidated since June 2016. +208.4% YoY +19.3% YoY 181 170 160 153 117 116 97 88 81 55 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q 2016/17 2017/18 2016/17 2017/18 Prepared by Investor Relations Department 6 Section 1: 1Q 2017/18 Financial Performance VGI Global Media Plc

Balance Sheet & Cash Flow ASSETS BREAKDOWN (THB mn) LIABILITY & EQUITY BREAKDOWN (THB mn) 8,213 8,213 7,985 7,985 2,395 29.9% 2,841 34.6% Current liabilities Current assets 2,808 2,613 32.7% 35.2% Non-current 2,077 25.3% 2,072 25.9% liabilities Non-current 5,818 70.1% 5,372 67.3% assets Equity 3,295 40.1% 3,105 38.9% 31 March 17 30 June 17 31 March 17 30 June 17 CASH FLOW (THB mn) CAPEX (THB mn) Actual Target 1Q 17/18 17/18 208* 299 Transit Media 37 250 83** Office & Others Media 4 90 799 625 Total VGI 41 340 Outdoor Media 175 210 Digital Services 13 150 Beginning cash CFO CFI CFF Ending cash (Restated) (30/6/2017) Total VGI, MACO & Rabbit 229 700 (31/3/2017) *After tax (THB 38mn) and interest expense (THB 20mn) **Included Translation adjustment of THB 0.3mn Prepared by Investor Relations Department 7 Section 1: 1Q 2017/18 Financial Performance VGI Global Media Plc

Agenda Section 1 1Q 2017/18 Financial Performance Section 2 Business Update Prepared by Investor Relations Department 8 VGI Global Media Plc

Business Update SBK line now began its full service, operating 51km FULL PHASE OPERATION AND ADVERTISING COMMENCEMENT SBK Line opened the 2 nd phase of operation across 30 kilometres • with 19 stations from Semantan to Kajang station. • Altogether, SBK Line has a total distance of 51 kilometres with 31 stations of which 9.5 kilometres (7 stations) run beneath the centre of Kuala Lumpur while the rest of alignment is elevated. • Currently, Titanium Compass Sdn Bhd (“TCSB”) has already commenced advertising in 2 stations, 3 trains body wrap and 6 whole in train. Prepared by Investor Relations Department 9 Section 2: Business Update VGI Global Media Plc

Business Update Presence in 3 strategic airlines: Air Asia, Lion Air and Nok Air ADDITIONAL MEDIA ON PLANE, NOK AIR • Aero Media has Secured the right to manage the media on 20 planes out of 32 planes of Nok Air. Altogether with its existing airline network, Aero media is now becoming the largest media on plane operator in Thailand. 30 planes 24 planes 20 planes Total 74 planes SUMMARY OF AERO MEDIA’S RIGHTS & NETWORK • Rights to manage advertising space across 13 airports, including Suvanabhumi and Don Mueng airport No. of location 13 airports Digital Media 342 LEDs screens Static Media 57 jet bridges 7,000 trolleys 12 buggy service cart wrap Media on plane 24 planes of Thai Lion Air 30 planes of Air Asia 20 planes of Nok Air Website management All websites of AOT airports Viewer reach >300,000 people/day Prepared by Investor Relations Department 10 Section 2: Business Update VGI Global Media Plc

Business Update Station Sponsorship campaign OPPO ADDITIONAL SYNERGY RECREATION • Additional synergy recreation between VGI and Rabbit Group through the “Station Sponsorship” campaign with OPPO on 3 BTS stations (Mo Chit, Ploenchit and Saladang) Prepared by Investor Relations Department 11 Section 2: Business Update VGI Global Media Plc