Analyst Meeting Origin Property Public Company Limited July 31 th - PowerPoint PPT Presentation

Analyst Meeting Origin Property Public Company Limited July 31 th 2017

Company Overview Origin Property Public Company Limited Company Name 496 Moo.9 Sukhumvit 107 Bearing 16 Samrong Nuea Mueang Head Office Samutprakan Thailand Established Year 2009 ( IPO 2015 ) Capital 1,542,740,814 Shares 496 persons (consolidated basis/full-time employees / as of June 30, 2017) Employees I. Residential real estate developments – Condominiums and housings II. Commercial recurring developments – Hotels, Servicing apartments, and Community Malls III. Services – Property management Aims to become a development company that covers the entire real Business estate industry We think more, to offer more so that our customers benefit more Affordable Premium Products – Affordable Premium Mass Deliver a better product and services to achieve customer satisfaction Quality products and Quality selection

Business Group Structure

Origin Property Public Company Limited Leading Mover Living More, Think More, Blue Ocean Strategy Offer More, Benefit More Avoid intense competitiveness Mass Transit Extension Area Boutique condominium Focus on Real Demand Seek new potential area to expand Unique plan innovation Industrial Area Something more for economical First Jobber Create supply for demands Unique concepts to capture all customers First Home buyer Premium facility and after sale services Young entrepreneur Industrial Worker Expat & Retirement Market

ORIGIN Business I. Residential for Sale Business Condominium & Housing II. Recurring Income Business Hotel Service Apartment Retail III. Service Business Property Management Property Agent Property Consultant Service & Care Service Application

Summary of our projects 2010 – as of Potential Projects 2017 No. Detail Project Units Value 1. Completed Projects 21 5,189 11,253 MB. 2. Project Under Construction 9 4,286 9,315 MB. 3. On Pre-sale Projects 4 1,648 6,090 MB. Total 34 11,123 26,658 MB. 4. Project Launch Q1-Q2/2017 4 4,254 9,450 MB. 5. Potential Projects Q3/2017 4 1,960 7,400 MB. 6. Potential Projects Q4/2017 4 352 1,200 MB. 43 17,487 44,208 MB Total Total 46 17,689 44,708 MB. Highest amount of project launches each year since 2012

C Mhor Chit it - Saphanm phanmai D Proje roject ct Va Valu lue e = TH THB 1 B 10,790 0,790 MB B Bang Ya Yai - Bang Su Sue 1. Notting Hill Paholyothin-Kaset Project Pr ct Valu lue = TH THB 4,040 ,040 mm mm 2. Knightsbridge Sky City Saphanmai 1. Notting Hill Tiwanon 3. Kensington Paholyothin-Kaset 2. KnightBridge Duplex Tiwanon 4. Notting Hill Saphanmai 5. Kensington Kaset Campus 3. Notting Hill Skyscaper 6. Kensington Pahol 63 C 7. Notting Hill Jatujak D 8. Knightsbridge Paholyothin – Interchange 9. Knightsbridge Prime Ratchayothin 10. Knightsbridge Kaset Society G G Ramkhamha Ra khamhaeng eng – Min inburi ri Proje oject ct Va Valu lue e = TH THB 2 B 2,000 ,000 mm 1. Knightsbridge Collage - Ramkhamhaeng A On Nut – Be Bearin ing g E Satho thorn rn – Charoenk oenkrung rung Proje oject ct Va Valu lue e = TH THB 9 B 9,918 ,918 mm E Proje oject ct Va Valu lue e = TH THB 4 B 4,250 ,250 mm 1. Sense of London 16. Bloft II 2. Kensington Sukhumvit 107 1. Notting Hill Charoenkrung 17. Bloft III 3. Notting Hill Sukhumvit 107 2. KnightsBridge Prime Sathorn 4-5. The Knight I & II F 6. Knightsbridge Sukhumvit 107 A Laemchabang habang – Srir iracha acha 7. B-Loft Sukhumvit 109 Proje oject ct Va Valu lue e = TH THB 4 B 4,830 ,830 mm B Bearing Be ing - Samutpra tpraka karn rn 8. Villa Lasalle 1. Knightsbridge The Ocean Proje oject ct Va Valu lue e = TH THB 8 B 8,880 ,880 mm 9. B -Republic Sukhumvit 101/1 2. Kensington Laemchabang – Sriracha 1 1. B-Loft Sukhumvit 115 7. Kensington Theparak 1. B-Loft Sukhumvit 115 10. Pause Sukhumvit 107 A 3. Kensington Laemchabang – Sriracha 2 2. Knightsbridge Sky River Ocean 8. Britania Srinakarin 2. Knightsbridge Sky River Ocean 11. Pause Sukhumvit 107 B 4. Notting Hill Laemchabang – Sriracha 3. Tropicana 9. Bloft I 3. Tropicana 12. Pause Sukhumvit 103 B 4. The Cabana 4. The Cabana 13. Pause ID Sukhumvit 107 5. Pause Sukhumvit 115 5. Pause Sukhumvit 115 14. Notting Hill Sukhumvit 105 6. Notting Hill Praksa 15. Knightsbridge Prime On-Nut

Previous Target Origin Project Launches 2017 15,000 MB N otting Hill K nightsbridge (New launch growth 32%) 80 – 120 KB / Sq.m 120 – 200 KB / Sq.m 5 Railways 5,400 MB. 8 Condominium Projects 6,400 MB. 3 Interchanges 2,500 MB. 1 Housing Project K ensington 60 – 80 KB / Sq.m H ousing New Target N otting Hill K nightsbridge 18,050 MB 80 – 120 KB / Sq.m 120 – 200 KB / Sq.m (New launch growth 59%) 2,500 MB 5 Railways 4,850 MB. 9,500 MB. 11 Condominium Projects 2,500 MB. 3 Interchanges K ensington 60 – 80 KB / Sq.m 1 Housing Project B -loft B ritania H ousing

= CBD = Mid - Town = Fringe Area NOTTING HILL Skyscraper Central Rattanathibet KNIGHTSBRIDGE 4 Phaholyothin Interchange 2 C D KNIGHTSBRIDGE 8 KNIGHTSBRIDGE 7 Kaset Society Prime Ratchayothin 6 G KNIGHTSBRIDGE Ramkhamhaeng E KNIGHTSBRIDGE 5 Prime Onnut A NOTTING HILL 1 Sukhumvit 105 BLoft 10-11 KENSINGTON BRITANIA 9 3 Sukhumvit-Teparak Srinakarin P rojects Launch 2017 12 BLoft

Origin Business Plan Summary Business Plan 2017 Previous Target New Target (Included ) • Project Launch 15,000 MB 18,050 MB • Presale Target 13,000 MB 14,000 MB • Revenue Target 6,000 MB 9,000 MB • Origin’s Project Complete 6,870 MB 12,770 MB • Total Backlog 14,385 MB 25,285 MB (as of Q1/16) (End of 1H/2017) 76% 30,000 25,285 25,000 20% 8% 86% 18,050 20,000 15,000 14,000 14,385 50% 12,770 15,000 13,000 9,000 10,000 6,870 6,000 5,000 - Project Launch Presale Target Revenue Target Origin's Project Total Backlog Complete Previous Target New Target

Update Performance Highlight

P erformance Q 1 2017 YoY : Presale Q1 2017 increase 16%, Transfer Q1 2017 increase 65% QoQ : Presale Q1 2017 decrease 59%, Transfer Q1 2017 decrease 32% % GP 46.7% , % NP 19.6% are higher than Q1 2016 12000 65.0% Pre-Sale Transfer Total Revenue NP %GP %NP 10,844 47.5% 46.7% 45.3% 44.4% 43.9% 43.5% 42.8% 42.9% 42.9% 45.3% 40.7% 10000 45.0% 24.6% 21.5% 21.1% 25.0% 8000 19.6% 18.8% 17.9% 17.7% 19.9% 16.6% 15.0% 11.7% 5.0% 6000 5,356 4,387 Growth 15% 4000 -15.0% 3,487 3,199 Growth 65% 2,055 1,735 1,612 1,605 -35.0% 2000 1,435 1,366 1,235 1,294 773 878 885 705 591 632 489 532 489 386 318 270 125 172 105 88 73 158 125 32 -55.0% 0 Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 2015 2016

# 1 # 3

P roject Launch vs Pre-Sale 2010-2016, 2017 F Origin Group’s real estate development has been consistently growing in sales since 2010 – 2016 Q1 2017 : Launches a new project of 1,050 MB, Pre-sale 1,435 MB 2017F : Plans to launch total new projects of 18,050 MB (+59%), Target Pre-Sale of 14,000 MB (+23%) 59% 20000 18,050 18000 16000 63% 23% 14,000 11,340 14000 102% 12000 10,844 MB 10000 8000 6,955 6000 5,356 Actual ctual 3,850 4000 2,899 1H 2 1H 2017 017 2,439 1,474 2000 1,150 4,219 4, 219 MB 405 782 199 73 300 0 Y2010 Y2011 Y2012 Y2013 Y2014 Y2015 Y2016 Y2017F Launch 199 300 1,150 2,899 3,850 6,955 11,340 18,050 Pre-Sale 73 405 782 1,474 2,439 5,356 10,844 14,000

O rigin Revenue Target 2017 (Included ) 2017 F : Target Revenues 9,000 MB increase 181% Forecast Total Rev NP (Equity Holder) % GP % NP (Equity Holder) 10,000.0 65.0% + 181% 9,000.0 9,000.0 45.7% 45.3% 42.9% 42.9% 41.8% 45.0% 8,000.0 7,000.0 19.9% 25.0% 18.8% 15.3% 14.4% 12.6% 6,000.0 5,000.0 5.0% + 56% 4,000.0 3,199.0 -15.0% + 267% 3,000.0 2,055.1 2,000.0 -35.0% + 65% + 450% 1,000.0 637.6 559.4 418.9 386.3 192.4 64.1 70.3 27.6 0.0 -55.0% Y2012 Y2013 Y2014 Y2015 Y2016 Y2017 F

O rigin Revenue Target 2017 (Included ) 25,285 MB End of 1H/2017 6,825 MB. 27.0% PH2 6,325 MB. 25.0% 3,540 MB. PH1 14.0% 4,550 MB. OTHER 18.0% 760 MB. 3,285 MB. 3.0% 13.0%

Estimated Finished Project Vs Target Revenues & Backlog (End of 1H/2017) (Included ) 25,000 Estimated Completed Project vs Target Revenues Backlog 50% 19,655 20,000 Backlog 17,500 67% Park24, 5,600 15,370 - 15,000 14,000 Actual + 12,770 Target, Backlog Park24, - 8,669 100% 5,500 Target, 4,643 Park24, 10,000 9,000 5,900 Backlog_Park24, Backlog_Park24, Backlog_Park24, 3,000 Estimate finish project, 14,055 3,300 4,600 5,000 Estimate finish project, 9,870 Backlog, 4,000 Estimate finish project, 6,870 Backlog, Backlog, 5,531 4,757 Actual+Forecast, 2,000 - - - - Finish Proj. Backlog Finish Proj. Backlog Finish Proj. Backlog 2017 2018 2019 Estimate finish project Park24 Tentative project Actual+Forecast Backlog Target

Moving Forward to Eastern Economic Corridor (EEC)

Origin, One of the best benefit gain from EEC. Hampton Sriracha 1,600 MB. Hampton Sriracha 1,200 MB. 1,200 MB. 2,500 MB. 1,130 MB. 200 MB.

P otential E astern E conomic C orridor : EEC