DAY 20 th March 2020 Contents Corporate Overview and Current - - PowerPoint PPT Presentation

OPPORTUNITY DAY

20th March 2020

Corporate Overview and Current Projects Financial Statements Y2019 Vision Industry Overview and Business Plan in 2020

Contents

Over 30 years of TRUST

PPS is

▪ One of the leading engineering professional services firm in Thailand. ▪ The Service Provider in all aspects of architectural, engineering and consulting services for both private and public sectors.

To be the leader in innovation and integrated services in engineering and investment consultants of construction and property & city development sectors.

Our Vision is

"Deliver Success with Knowledge and Experience" 1987 1987-1990 1990-1995 1997-2002 2001-2010

PROJECT PLANNING SERVICE CO.,LTD (PPS) has been established GRAND CHINA HOTEL “The deepest structure in Thailand at that time” BAIYOK II SKY TOWER “The deepest structure in Thailand at that time”

METROPOLITAN RAPID TRANSIT

MRTA Initial System Project “The first subway in Thailand”

THE NEW HEAD OFFICE

“The full service for project management”

MILESTONES

OUR KEY

2001-2006 2012-2019

SUVARNABHUMI AIRPORT (WORLD CLASS AIRPORT) “World Class Airport” FIRST OF ENGINEERING CONSULTANT COMPANY TO BE LISTED MEDIA AND INFORMATION TECHNOLOGY CONSULTANT Being on the list of the Market for Alternative Investment (mai) and changed the company’s name to be Project Planning Service Public Company Limited.

• f Thailand's Private Sector

Established “PPS Information Consultant Company Limited (PIC)”

2012-2015

SUPREME COURT OF THAILAND “One of the most proudly presented project.”

2015-2020 2016-2021 2015-2020

ICON SIAM “The Tallest Building in Thailand”

Uncle P was created

SIAM SINDHORN "The New Luxurious Mixed Used Development in Central Bangkok"

SUVARNABHUMI AIRPORT Development Project Phase 2"World Class Airport"

• f King Rama IX

• fficers explored the forest

2018-2021

SIAM SCAPE (BLOCK H) “Life & Learning Experiences”

2018-2023

EMSPHERE “193,000 sqm. Emsphere emphasizes Bangkok’ s eclectic urban eccentricities: density. ." The joint venture company between PPS Group and global Design and Consultancy firm, One Works. Established Profin Group Co., Ltd. Established PPS Innovation Co., Ltd

2019-2023

New National Government Complex Extension (Zone C) “The energy saving building and eco-friendly building by considering on efficiency of future utilization." Established Project One Property Development Co., Ltd.

• No. of Employee

344 Staffs

OVERVIEW

CORPORATE

PROJECT PLANNING SERVICE

PUBLIC COMPANY LIMITED

PROPCON

Industry Group First-day trade (mai)

26 Sep 2012

as of Mar16, 2020

Listed Shares: 859,855,142 Shares Market Cap : 309.55 MB 52 week high/low: 0.87/0.31 Major Shareholders: THARACHAI FAMILY 39.45 % Free float : 59.17% Price (Bath): 0.36 Authorized Capital: 279,452,921 Baht

Cluster of Excellence

PROJECT ONE PROPERTY DEVELOPMENT COMPANY LIMITED BUSINESS : OFFERS THE PROPERTY DEVELOPMENT BUSINESS PROJECT PLANNING SERVICE PUBLIC COMPANY LIMITED (PPS) BUSINESS : CONSTRUCTION / PROJECT MANAGEMENT PPS ONEWORKS COMPANY LIMITED BUSINESS : ARCHITECTURAL & ENGINEERING DESIGN QUANTITY SURVEY BUILDING INFORMATION MODELING TECHNICAL SUPPORT PPS INNOVATION COMPANY LIMITED (PPSI) BUSINESS : INFORMATION TECHNOLOGY ENSEMBLE EQUITY PTE., LTD. BUSINESS : PROVISION OF PROJECT MANAGEMENT AND ENGINEERING CONSULTING SERVICE&PRODUCTS PROFIN GROUP COMPANY LIMITED BUSINESS : SOFTWARE DEVELOPER FOR INVESTMENT

PROPERTY CONSTRUCTION INNOVATION

Service

• Architectural and Engineering

Designs

• Technical Services Support with BIM

Technologies

PRE-CONSTRUCTION

DESIGN SERVICES AND TECHNICAL SUPPORT

• Project Planning/Scheduling
• Project Feasibility Study
• Financial Planning
• Design Management
• Project Budgeting
• Value Engineering

COST MANAGEMENT

QUANTITY SURVEYING

Service

PRE-CONSTRUCTION

Service

• Design Review
• Engineering Procurement and Construction
• Project Management
• Construction Supervision
• Project Cost Control
• Progress Report
• Presentation
• Contract Management

CONSTRUCTION

PROJECT MANAGEMENT CONSTRUCTION MANAGEMENT

AND PRODUCTS

Architecture, Engineering & Construction Services

• BIM Objects Creation
• Rendering & Animation (AR,VR)
• Construction Simulation
• Software Training

Web Design Application IT and Media Solution Events and Presentations

INNOVATIVE SERVICES

PLATFORM

DIGITAL INVESTMENT

Ensemble Equity Pte. Ltd which is our investment arm in Singapore to support the investors from all over the world who want to invest in Thailand. Profin Group which is our Thailand base ICO portal providing financial advisory based on block-chain technology

• Land Management & Development
• Residential Property Developer
• Facility Service Management
• Hospitality Management
• Construction Project Management

Property Development

in 2019

Project recently completed Supreme Court of Thailand

in2019

Project recently completed

32 Branches in 2019

Rama I, Rama ii, Patthanakarn ,Seacon Square, Rattanathibeth, Ramindra , Sukhapiban 1, Charansanitwong:: Bangkok Rojana, Bangpain: Ayutthaya, Lamlukka Klong 2, Bangkadee: Pathumthani, Bangyai: Nonthaburi, Korat1, Korat 2, Warin Chamrap: Ubonratchathani, Nongbualamphu, Klang: Rayong, Nakhonnayok, Banbueng: Chonburi, Saraburi, Phuket, Hatyai 1, Udonthani, Nakornnayok, Dejudom (Mall Ext.): Ubonratchathani, Mukdahan, Udonthani, Energy Saving Project, FM Replacement Work Project, Ruamchok, Hangdong: Chiang Mai, PPA PV SolarRooftop, Lotus Express Project (10 Stores)

Tesco Lotus

in 2019

Project recently completed HomePro

Mukdahan, charansanitwong, Ramintra, Fashion island, Rama II

7 Branches in 2019

in 2019

Project recently completed Makro

6 Branches in 2019

Nathong Charoen Lum Luk Ka: Pathumthani, Bowin, Sattahip: Chonburi, Onnut, Ladkrabang, Ramkhamhaeng 24

CURRENT PROJECT

National Government Complex Extension Zone C

New Project

The Custom House โครงการพัฒนาที่ราชพัสดุแปลงที่ตั้งโรงภาษีร้อยชักสาม

New Project

Suvarnabhumi Airport Phase 2

Magnolias Waterfront Residence & The Iconsiam Superlux Residence

SIAM SINDHORN LSV and LSP

PMCU BLOCK CK H

Office Building Project Muangthai Capital Headquarter WHA Bangna

Muniq Sukhumvit 23

Soontareeya Ratchadamri

Holiday Inn Express Samui Bophut & Holiday Inn Resort Samui Bophut

Retail Project Emsphere

Emsphere

Retail Project Central Plaza Chonburi

Retail Project Tesco Lotus

Phuket, Suksawat: Bangkok, Samutprakarn, Lotus Talad Chamchuri Square Energy Saving, Lotus Express New Store Project, PPA Solar PV Pack 2, Recover Fire Incident at Fortune

9 Branches in 2020

Retail Projects

Suksawat, Rangsit : Bangkok, Phuket Amata: Chonburi, Ease Park Project Thalang: Phuket

CLIENTS

OUR

INFRASTRUCTURE RESIDENTIAL & HOSPITALITY OFFICE BUILDING RETAIL

NATION WIDE PROJECT

High Rise Retail Hospital Industrial Office & Commercial Hospitality Infrastructure & Mega Project Historical

15,464,456 173,487 500

Total Project Value (MB) More than

Total Projects CONSTRUCTION AREA (Sq.M)

380,046

Project Value in 5 years (MB)

(2014-2019)

HIGHLIGHTS

Trustworthiness Innovation and Sustainability Professionalism

COMPANY

ACTIVITIES

SOCIAL

AND HONORS

AWARDS

• Best Company Performance Awards 2017-2018 (Company listed on mai) - Highly Commended in Sustainability Awards 2019
• Outstanding Investors Relations 2019 - Thailand Sustainability Investment 2015-2019
• The Company Received CGR Project Survey 2019 with Excellent CG Scoring 5 Stars Rank

AND HONORS

AWARDS

HIGH GHLY LY COMMENDED MENDED IN SUS N SUSTA TAINABILITY INABILITY AW AWARDS ARDS

SET ET AWA WARD RDS S 2019 019

OUT UTSTANDIN STANDING G INV NVES ESTORS TORS RELATIO ATIONS NS 2019

SET ET AWA WARD RDS S 2019 019

AND HONORS

AWARDS

TH THAI AILA LAND ND SU SUST STAIN AINABI ABILIT LITY Y INV NVES ESTMENT TMENT AW AWARDS ARDS (TH THSI) SI)

SET ET AWA WARD RDS S 2019 019

AND HONORS

AWARDS

SU SUST STAI AINABIL NABILITY ITY DISC SCLO LOSURE SURE RECOG COGNITI NITION ON

SUSTAINABILIT AINABILITY Y DI DISCLOS LOSURE URE AWA WARD RD 2019 19

OUTSTAN ANDING DING CONTIN INUING UING PROFES ESSION SIONAL AL DEV EVEL ELOPMENT ENT EN ENGIN INEE EERING RING SER ERVER ER AWA WARD RDS S 2019 19 BY BY COUNCIL CIL OF EN ENGINE INEERS ERS

Financial Statements (Y2019)

as of Mar 13, 2020

Profitability

Financial Performance

GP 23.23% NP

1.59%

ROA 1.42% ROE

2.35%

Current Ratio

5.90

P/E Ratio

41.62 0.37

D/E Ratio

Financial Statements

234.22 306.92 388.95 378.50 448.15 26.36% 32.81% 34.33% 22.92% 23.23% 0% 10% 20% 30% 40% 0.00 100.00 200.00 300.00 400.00 500.00 Y2015 Y2016 Y2017 Y2018 Y2019

(MB)

Revenue Gross Profit Margin

PPS 414.88 .88 PPOW W 29.92 9.92 PP PPSI SI 1.02 EE EE 2.01 01 PPS PPS PPSO PPSOW PPSI PPSI EE EE SPP SPP

Y Y 2019 2019

Breakdown by Service (MB)

PPS Group Revenue

PPS PPS 342.64 .64 PPSOW W 27.74 74 PPSI 1.01 SPP SPP 7.11 PPS PPS PPSO PPSOW PPSI PPSI SPP SPP

Y 20 2018 18

Gove vernment rnment 34.27 27 % Priva ivate te

65 65.7 .72% 2%

Gov Govern rnmen ent Priva Private te

Y 2019

Breakdown by Customer (MB)

PPS Group Revenue

Gover ernment nment 26.82 .82 % Priva vate te

73 73.1 .18 %

Gov Govern rnmen ent Priva Private te

Y Y 2018 2018

Breakdown by Customer (MB)

PPS Group Revenue

22.73 69.1 61.73 19.14 61.52 24.72 93.7 85.27 42.62 60.6 27.1 101.64 101.23 80.43 78.55 32.58 103.96 109.73 61 71.23 27.79 98.14 121.58 86.38 85.9 20 40 60 80 100 120 140 Office Buildings Retail Areas Residential Buildings Infrastructure Others

(MB.)

2015 2016 2017 2018

Y2019

Financial Performance

172.48 206.24 255.41 291.74 344.02 61.05 71.59 75.83 78.51 108.95 73.64% 67.20% 65.67% 77.08% 76.76% 26.07% 23.32% 19.49% 20.74% 24.31% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 0.00 50.00 100.00 150.00 200.00 250.00 300.00 350.00 400.00 Y2015 Y2016 Y2017 Y2018 Y2019

COS , Operating Expense (MB)

COS Opex COS as % of Revenue Opex as % of Revenue

MB

Financial Performance

3.39 32.18 55.17 7.42 7.44 1.42% 10.07% 13.93% 1.92% 1.59%

0% 2% 4% 6% 8% 10% 12% 14% 16% 0.00 10.00 20.00 30.00 40.00 50.00 60.00 Y2015 Y2016 Y2017 Y2018 Y2019

Net Profit (MB) Net Profit Margin

Net Profit Net Profit Margin

MB %

Statement of Financial Position

MB MB

217.93 291.64 406.14 406.43 428.42 44.88 74.66 72.99 84.9 114.73 173.05 216.98 333.15 321.53 313.68 100 200 300 400 500 600 Y2015 Y2016 Y2017 Y2018 Y2019 Asset Liability Equity 0.26 0.35 0.22 0.26 0.37 D/E Ratio

Ratios

2.57% 16.32% 19.23% 2.82%1.42% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 2015 2016 2017 2018 2019 ROA ROE 1.92% 16.50% 20.10% 2.27% 2.35% 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 2015 2016 2017 2018 H12019

New Projects Awarded

Total Projects Awarded Total Projects Value

34 54 61 62 71 71 20 40 60 80 2015 2016 2017 2018 Y 2019 Projects 247.49 508.95 224.68 349.64 427.7 7.72 100 200 300 400 500 600 2015 2016 2017 2018 Y2019 Projects Values (MB) AOT

328.97 MB

As of year end

Backlog Comparison

Year Contract value As of Feb 2017

374 MB

2018

349.32 MB

2019

537.21 MB

Gove vernment rnment 24.89% 89% Priva ivate te

75 75.1 .11% 1%

Gov Govern rnmen ent Private Private

Y 2019

As of Feb 29, 20

Backlog

Status Contract value (MB) 2020 2021 2022 2023-2024

• A. Signed contract project value

477 213 65 76 123

• B. No contract signed yet but likely expected

to get job

76 23 19 12 22

TOTAL (A+B)

553 236 84 88 145

in 2020

Revenue Projection

Revenue Plan (MB)

PPS

400

PPSOW

40

PPSI

10

Total Revenue Projection

450

New Business P1

100

Vision Industry Overview Business Plan in 2020

Vision Industry

Overview

Ref: NESDC ECONOMIC REPORT

Econom nomic ic Projection jection of 20 2020 20

(%YoY) 2018 2019 Projection Year Year Q3 Q4 2020

GDP (CVM) 4.2 2.4 2.6 1.6 1.5 - 2.5 Total Investment

• Private
• Public

3.8 4.1 2.9 2.2 2.8 0.2 2.7 2.3 3.7 0.9 2.6

• 5.1

3.6 3.2 4.8

Private Consumption 4.6 4.5 4.3 4.1 3.5 Government Consumption 2.6 1.4 1.7

• 0.9

2.6

Thai economy in 2020 is projected to expand by 1.5 - 2.5 percent, softening from 2019 due to impacts from

• 1. The corona virus (COVID-19) outbreak
• 2. The drought conditions
• 3. The delay in FY2020 budget : Expected to

be able to start disbursement in early April 2020

Vision Industry

Overview

After the 2020 budget starts disbursement, we expect more auctions in Q3 2020 of several mega projects, totaling 700 billion baht such as Orange Line: Project Value 120 billion baht South Purple Line: Project Value 100 billion baht Suvarnabhumi Airport: Runway III Development: Investment budget : 13,000 million baht Thai - Chinese train project (seven contracts) 60,000 million baht Double-track project (Phase 2): Project Value 410 billion baht EEC projects: Project Value 290 billion baht

• High-speed train connecting three airports
• U-Tapao Airport Development project.

Publ blic ic Investm stmen ent t Projec ection tion of 2020 020

Vision Industry

Overview

Government investment in new national infrastructure and mega projects will stimulate economic activity and encourage private sector investment in other industries, including real estate, retail and construction. Priv ivate ate Investm stmen ent t Projec ection tion of 2020 020 Re Retail il Sector tor

Retail market in Thailand is in the declining trend and will continue in 2020.

Vision Industry

Overview

Condominiums: The situation should improve in some areas, particularly the central business district (CBD)

and areas near mass transit lines.

Housing demand in upcountry will improve especially in provinces that are major tourist destinations and/or

industrial hubs. Demand in Chonburi, Rayong and Phuket should recover faster than other provinces.

The government has issued the economic stimulus policy The income tax deduction measure The measures to reduce transferring fees and reduce mortgage registration fees

Real l Estate tate Se Sector

• r

Risk Factors

• Risks associated with continuity and certainty of revenue
• Risks from business competition
• Risk of dependence on executive and lack of capable staff
• Risk of new business Start-Up
• Risk from new dangerous diseases

In 2020

PPS Business Plan

In 2020

PPS Business Plan

In 2020

PPS Business Plan

Toward more sustainable business

Changing the business structure for continuous income and has a higher profitability rate.

PPS Oneworks: Finding the new opportunity in design business and transit oriented development by cooperation with partner for serving more potential in new job bidding. Project One: Investing in real estate development projects of Villas at Cape Yamu, Phuket which expected

to increase income and profitability rate.

PPSI: Expanding the scope of service to be software provider for PM/CM which support IT solutions for PPS Group and increase income in IT business.

Cape Yamu Project Update

The Head Land at Cape Yamu

Head Land at Cape Yamu

at Cape Yamu

The Head Land

Luxury Private villas

The perfect size to meet the 8 Luxury villas (1000-1500 sq.m. per building)

STARTING PRICE : 200 MB

Market Research

The Head Land at Cape Yamu

Best Location : Pa Klok, Thalang District, Phuket Ref: http://www.realist.co.th/blog/

Land price up to 12% (2018-2019)

 Close to the convenience stores and work place  Having the infrastructure Development One of Prime areas In Phuket Ao Po Grand Marina the gateway to spectacular Phang Nga Bay Close to many famous tourist island

i.e. Koh Naka, Koh Yao Noi, Koh Yao Yai

Infrastructure Development Plan In Phuket

2021

Expand road route Pa Klok – Para

2022

Airport Phase 2

2024

Light Rail Airport-5 Yaek Chalong

2025

Airport Phase 3

2026

Kathu-Patong expressway In the Future

Expand Route Road: Para-Muang Mai New Road: Ban Saku- Koh Kaew Light Rail: Tha Nun- Muang Mai

The Competition

The Head Land at Cape Yamu

Ayara Hilltops

Boutique resort spa

Trisara

Head Land

Private luxury villa is the main competitor

The Competition

Head Land at Cape Yamu

Opened in 2018 Offering 16 modern villas with 4 - 6 Bedrooms, Size 2,785-3,715 Sq.m.

Starting from 290 MB

Opened in 2004 Offering 48 Hotel suites and 21 private villas

Price 100-400 MB

Business Plan

The Head Land at Cape Yamu

• Villa's will be sold as Freehold for Thai investors and as Leasehold for foreign

investors.

• With the sales of the Villa's, the total investment of land and construction of

villa's has to be covered.

• Villa's will fall under the hotel management and will need to pay hotel management

and monthly common management fee

• Villa's can join the rental program with guaranteed return on the condition that
• wn stay will be limited.

Business Plan

Head Land at Cape Yamu

The Potential

▪ Scarcity of land ▪ Opening of new airport, light rail and road route in Phuket ▪ Saturation in Phuket, too crowded ▪ Potential high capital gain due to the price of this plot is the most competitive ▪ Guaranteed profitability on villa sales and immediate return ▪ Lower maintenance because of the location stand on cliff and less affect from Sea-moisture ▪ Lower natural disasters (no Tsunami risk)

Business Plan

Head Land at Cape Yamu

The Risk

▪ Drop of Thai tourism ▪ Appreciation of THB for foreign investors ▪ A stop on further developments due to economical crisis ▪ The current market situation: Coronavirus, Oversupply on some type of property

Business Model

Consolidate Land Sale Land Development Construction Management Facility Management

Project One 53% + Partner 47% Project One 51% + Partner 49%

New Joint Venture Company

PROJECT TWO

Invest Invest Consolidate Invest

In 2020

PPS Business Plan

Toward more innovative company

• 1. Developing innovations To enhance efficiency and reduce working costs by

▪ Building Information Management Technology (BIM) in the design work and simulation ▪ BIM Object for sales and VR / AR for sales that continually created from having these models

In 2020

PPS Business Plan

• 2. Developing innovations to increase efficiency

and reduce working costs of the organization management and internal departments of the

• rganization

The development of My PPS system; an Employee Self Service system, which is an interface for employees connected to the back-

• ffice system for managing any kind of personnel

MyPPS

Toward more innovative company

PROPERTY CONSTRUCTION INNOVATION

www.pps.co.th