Earnings Presentation 24 th November 2017 CONFIDENTIAL AND - - PowerPoint PPT Presentation

CONFIDENTIAL AND PROPRIETARY Any use of this material without specific permission of Big C Supercenter PCL is strictly prohibited

Q3 2017 Earnings Presentation

24th November 2017

Confidential

Disclaimer

2

The following presentation may contain forward looking statements by the management of Berli Jucker Public Company Limited (“BJC”), relating to financial or other trends for future periods, compared to the results for previous periods. Some of the statements contained in this presentation that are not historical facts are statements of future expectations with respect to the financial conditions, results of operations and businesses, and related plans and objectives. Forward looking information is based on management’s current views and assumptions including, but not limited to, prevailing economic and market conditions. These statements involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those in the statements as originally made. Such statements are not, and should not be constructed as a representation as to future performance of BJC. In particular, such targets should not be regarded as a forecast or projection of future performance of BJC. It should be noted that the actual performance of BJC may vary significantly from such targets.

Confidential

Agenda

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▪ Highlights ▪ Overall performance ▪ Performance by Supply Chain ▪ Operations update

Confidential

3Q and 9M 2017 Highlights

4

Financial performance

• Delivered a strong third quarter results.
• Solid performance across supply chains.
• Strong SSSG recovery driving double-digit sales growth at Modern trade

supply chain.

• Robust recurring net income growth.

Operations

• Packaging Supply Chain: SB4 furnace commercialized on 25th October 2017.
• Consumer

Supply Chain: Food and Non-Food continued delivering strong performance after various successful product launches during the first half of the year.

• Completed successful acquisition of Vina Paper on 22nd September 2017.
• Modern Retail Supply Chain: Store expansion speed ramped-up with opening of 3

hypermarket and 61 Mini Big C stores.

HIGHLIGHTS

Confidential

Agenda

5

▪ Highlights ▪ Overall performance ▪ Performance by Supply Chain ▪ Operations update

Confidential

Overall Performance Q3 2017 and 9M 2017

6

OVERALL PERFORMANCE

• On September 12th, 2017, the BJC Group completed its tender offer to purchase all the remaining shares of the

Big C at the price of THB 225.00 per share, acquiring additional 15,789,939 shares or 1.91% of total shares

• This increased BJC Group’s holding to 99.85% of Big C

1,606 1,387 526 1,387

Q3 2016 Q3 2017

Net profit Normalized net profit

33,481 37,067

Q3 2016 Q3 2017

88,685 109,851

9M 2016 9M 2017

Q3 2017 Net Profit (MB) Q3 2017 Sales (MB) Q3 2017 Highlights 9M 2017 Sales (MB)

23.9% YoY

9M 2017 Net Profit (MB) 2,269 3,348 1,448 3,348

9M 2016 9M 2017

9M 2017 Highlights

10.7% YoY 47.6% YoY Net profit 131.2% YoY

• Norm. Net profit
• Norm. Net profit

Net profit 13.6% YoY 163.7% YoY

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• Q3 2017 Normalized Net Profit of THB 1,387 million, an increase of THB 861 million or 131.2% YoY
• PSC’s net profit increased by THB 3 MN. The flattish net profit

growth was mainly due to the increase energy cost, and lower net profit from glass manufacturing in Malaysia and Vietnam.

• CSC’s net profit increased THB 72 MN. Net profit increase came

from both Food and Non-Food businesses due to higher sales and lower raw material costs.

• H&TSC’s net profit increased THB 6 MN due to higher sales from

both pharmaceutical and galvanized steel structure businesses.

• MSC’s net profit increased by THB 278 MN due to strong revenue

growth and good margin performance across the line.

• Interest expenses declined due to debt repayment and refinancing

THB MN

Q3 2017 vs. Q3 2016 – Supply Chain Performance (Recurring)

7

OVERALL PERFORMANCE

526 526 529 601 607 885 1,387 3 72 6 278 502

PSC CSC H&TSC Others MSC

33,481 37,067 171 324 79 3,097 (85)

7

• Q3 2017 Sales of THB 37,067 million, an increase of THB 3,586 million or 10.7% YoY
• PSC’s sales improved by THB 171 MN due to higher sales in

aluminum can business especially from the energy drink segment.

• CSC’s sales increased by THB 324 MN. This increase was driven

by strong sales performance on Food and Non-Food segments.

• H&TSC’s sales increased by THB 79 MN due to higher sales

from pharmaceutical business from Wang Prom herbal products, and galvanized steel structure business.

• MSC‘s sales increased by THB 3,097 MN driven by strong

same-store-sales growth of +9.2% and new store openings.

Q3 2016 Q3 2017

THB MN

+10.7% YoY +131.2% YoY PSC CSC H&TSC Others MSC

PSC: Packaging Supply Chain, CSC: Consumer Supply Chain, H&TSC: Health Care and Technical Supply Chain, MSC: Modern Retail Supply Chain

Q3 2016 Q3 2017

Confidential

• PSC’s net profit decreased by THB 69 MN due to lower sales in

glass business and lower net profit from glass manufacturing in Malaysia and Vietnam.

• CSC’s net profit increased THB 118 MN, driven by higher sales

and lower raw material costs in Food and Non-Food businesses.

• H&TSC’s net profit increased THB 116 MN due to higher sales

from both H&TSC businesses as well lower SG&A expenses.

• MSC’s net profit increased THB 1,242 MN due to full

consolidation of Big C’s results into BJC’s financial statements.

• Interest expenses declined due to debt repayment and

refinancing.

9M 2017 vs. 9M 2016 – Supply Chain Performance (Recurring)

OVERALL PERFORMANCE

8

88,685 109,851

178 425 316 20,611 (364) 1,448 1,379 1,379 1,497 1,613 2,855 3,348 (69) 118 116 1,242 493 PSC CSC H&TSC Others MSC

• 9M 2017 Normalized Net Profit was THB 3,348 million, an increase of THB 1,900 million or 131.2% YoY

THB MN THB MN

PSC CSC H&TSC Others MSC

• 9M 2017 Sales were THB 109,851 million, an increase of THB 21,166 million or 23.9% YoY

PSC: Packaging Supply Chain, CSC: Consumer Supply Chain, H&TSC: Health Care and Technical Supply Chain, MSC: Modern Retail Supply Chain

9M 2017 9M 2016 9M 2016 9M 2017

+23.9% YoY +131.2% YoY

• PSC’s sales increased by THB 178 MN due to higher sales in

aluminum can business especially from the energy drink segment.

• CSC’s sales increased by THB 425 MN especially from food and

non-food businesses.

• H&TSC’s sales increased by THB 316 MN due to higher sales

from both H&TSC businesses.

• MSC‘s sales increased by THB 20,611 MN due to full

consolidation of Big C’s results into BJC’s financial statements together with strong sales growth in Q3 2017.

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PSC 13% CSC 11% H & TSC 5% Others 0% MSC 70% PSC 24% CSC 6% H & TSC 5% MSC 65% PSC 24% CSC 7% H & TSC 5% MSC 64%

Performance breakdown

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OVERALL PERFORMANCE

Q3 2017 9M 2017

Sales Breakdown Sales Breakdown EBITDA Breakdown EBITDA Breakdown

PSC 13% CSC 12% H & TSC 5% Others 0% MSC 70%

PSC: Packaging Supply Chain, CSC: Consumer Supply Chain, H&TSC: Health Care and Technical Supply Chain, MSC: Modern Retail Supply Chain

Confidential

• BJC completed 97.94% Big C acquisition on 11th May 2016,
• BJC did tender offer to purchased all the remaining share of Big C at the price of THB 225.00 per share, acquiring additional 15,789,939

shares or 1.91% of total shares on 12nd September 2017

• BJC Group’s holding to 99.85% of Big C

150,142 155,956 122,000 150,142 5,814 612 33,344

BJC Q2 2017 Net Debt Change in short term and long term loans Change in cash BJC Q3 2017 Net Debt

Financing Structure – Net Debt and Deleveraging Components

THB MM

Net Interest Baring Debt to Shareholders’ Equity 1.4x 1.3x

Capital structure

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OVERALL PERFORMANCE

155,344

BJC & Big C remaining debt Debenture

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Agenda

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▪ Highlights ▪ Overall performance ▪ Performance by Supply Chain ▪ Operations update

Confidential

• 9M 2017 sales increased by +1.3 % YoY, and our

gross profit margin increased by +103 bps driven by aluminum can business.

• Our EBIT increased by +7.7% YoY, and EBIT

margin increased by +55 bps due lower COGS in aluminum can business.

• Our net profit decreased by -4.3% YoY, and net

profit margin decreased by -63 bps due to lower sales in glass business and lower net profit from glass manufacturing in Malaysia and Vietnam.

Packaging Supply Chain – Q3 2017 and 9M 2017

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PERFORMANCE BY SUPPLY CHAIN

GP% 49 bps Sales 3.6% NP% 36bps NP 0.5% EBIT% 21 bps EBIT 5.0% 776 814 2,048 2,205 16.5% 16.8% 14.7% 15.6% Q3 2016 Q3 2017 9M 2016 9M 2017

• Q3 2017 sales reached THB 4,860 MN, up +3.6% YoY due to higher sales in

aluminum can business especially from the energy drink segment.

• Our gross profit margin increased by +49 bps YoY, reaching 22.4% for the quarter.

This increase was driven by higher sales and lower COGS in aluminum can business.

• Our EBIT reached THB 814 MN, up +5.0% YoY, and our EBIT margin increased by +21

bps YoY, reaching 16.8% for the quarter.

• Our net profit reached THB 571 MN, up +0.5% YoY, and our net profit margin

decreased by -36 bps YoY, reaching 11.7% for the quarter. This decreased was due to lower sales in glass business and lower net profit from glass manufacturing in Malaysia and Vietnam.

EBIT% 55 bps EBIT 7.7% NP% 63 bps NP 4.3%

Q3 2017 Highlights

GP% 103 bps Sales 1.3% 568 571 1,584 1,515 12.1% 11.7% 11.4% 10.7% Q3 2016 Q3 2017 9M 2016 9M 2017

9M 2017 Highlights

4,689 4,860 13,942 14,120

21.9% 22.4% 20.7% 21.8% Q3 2016 Q32017 9M 20169M 2017

EBIT and EBIT Margin Net Profit and Net Profit Margin Sales and Gross Profit Margin

Confidential

• 9M 2017 sales increased by +3.5% YoY, and our

gross profit margin increased by +167 bps, driven by higher sales and decreases in some raw material costs such as palm oil, crude palm

• il, fresh potato, hardwood and softwood.
• Our EBIT increased by +26.7% YoY, and EBIT

margin increased by +87 bps.

• Our net profit increased by +40.4% YoY, and net

profit margin increased by +86 bps due to abovementioned reasons.

Consumer Supply Chain – Q3 2017 and 9M 2017

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PERFORMANCE BY SUPPLY CHAIN

NP% 86 bps NP 40.4%

EBIT and EBIT Margin Net Profit and Net Profit Margin

EBIT% 173 bps EBIT 61.0% EBIT% 87 bps EBIT 26.7% NP% 153 bps NP 85.0% 141 227 475 601 3.5% 5.3% 3.9% 4.8% Q3 2016 Q3 2017 9M 2016 9M 2017 86 158 294 412 2.1% 3.7% 2.4% 3.3% Q3 2016 Q3 2017 9M 2016 9M 2017

• Q3 2017 sales reached THB 4,314 MN, up +8.1% YoY, mainly driven by strong

sales performance on food and non-food businesses.

• Our gross profit margin increased by +150 bps YoY, reaching 18.8% for the
• quarter. This increase was mainly driven by higher sales in food and non-food

businesses as well as lower COGS from crude palm oil and crude coconut oil.

• Our EBIT reached THB 227 MN, up +61.0% YoY, and our EBIT margin increased

by +173 bps YoY, reaching 5.3% for the quarter.

• Our net profit reached THB 158 MN, up +85.0% YoY, and our net profit margin

increased by +153 bps YoY, reaching 3.7% for the quarter, due to abovementioned reasons.

GP% 167 bps Sales 3.5%

Sales and Gross Profit Margin

GP% 150 bps Sales 8.1%

Q3 2017 Highlights 9M 2017 Highlights

3,990 4,314 12,152 12,577

17.3% 18.8% 17.0% 18.7% Q3 2016 Q32017 9M 20169M 2017

Confidential

• 9M 2017 sales increased by +6.2% YoY, but our

gross profit margin decreased by -54 bps.

• Our EBIT increased by +20.9% YoY, and EBIT

margin increased by +125 bps driven by higher sales and lower SG&A-to-sales ratio from both H&TSC businesses.

• Our net profit increased by +33.2% YoY, and

net profit margin increased by +170 bps due to higher sales, together with an improvement in gross profit margin from Healthcare Supply Chain.

Healthcare & Technical Supply Chain – Q3 2017 and 9M 2017

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PERFORMANCE BY SUPPLY CHAIN

157 164 351 467 8.3% 8.3% 6.7% 8.4% Q3 2016 Q32017 9M 2016 9M 2017 201 199 473 571 10.6% 10.0% 9.0% 10.3% Q3 2016 Q32017 9M 2016 9M 2017 1,901 1,980 5,239 5,565 32.4% 30.3% 31.9% 31.4% Q3 2016 Q32017 9M 2016 9M 2017 EBIT% 53 bps EBIT 1.1% NP% 2 bps NP 4.3% GP% 54 bps Sales 6.2% EBIT% 125bps EBIT 20.9%

• Q3 2017 sales reached THB 1,980 MN, up +4.1% YoY, due to higher sales

pharmaceutical business from Wang Prom herbal products, and galvanized steel structure business.

• Our gross profit margin decreased by -208 bps YoY, reaching 30.3% for the

quarter due to gross profit margin decreases at pharmaceutical and galvanized steel structure businesses.

• Our EBIT reached THB 199 MN, down -1.1% YoY, and our EBIT margin decreased

by +53 bps YoY, reaching 10.0% for the quarter.

• Our net profit reached THB 164 MN, increase of +4.3% YoY, and our net profit

margin increased by +2 bps YoY, reaching 8.3% for the quarter.

NP% 170 bps NP 33.2% GP% 208 bps Sales 4.1%

Q3 2017 Highlights 9M 2017 Highlights

EBIT and EBIT Margin Net Profit and Net Profit Margin Sales and Gross Profit Margin

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Net Profit and Net Profit Margin EBIT and EBIT Margin Sales and Gross Profit Margin

• 9M 2017 sales increased by 36.5% YoY, and our

gross profit margin increased by +57bps, this was driven by strategic shift of focus to quality

• f sales, coupled with strong sales growth in Q3

2017.

• Our EBIT increased by +23.5% YoY, but EBIT

margin declined by -76bps due to increased COGS expenses.

• Our net profit increased by +42.2% YoY, and

net profit margin increased by +22 bps.

Modern Retail Supply Chain – Q3 2017 and 9M 2017

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PERFORMANCE BY SUPPLY CHAIN

EBIT% 29 bps EBIT 17.8% 1,757 2,070 4,519 5,580 7.7% 8.0% 8.0% 7.2% Q3 2016 Q32017 9M 2016 9M 2017 NP% 39 bps NP 21.5%

22,708 25,805 56,475 77,086

17.8% 17.7% 15.9% 16.5% Q3 2016 Q32017 9M 20169M 2017 GP% 57bps Sales 36.5% GP% 15 bps Sales 13.6% EBIT% 76 bps EBIT 23.5%

• Q3 2017 sales reached THB 25,805 MN, up +13.6% YoY, driven by strong same-

store-sales growth of +9.2% and new store openings.

• Our gross profit margin decreased by -15 bps YoY, reaching 17.7%, comparing to

gross profit margin at 17.8% last year.

• Our EBIT reached THB 2,070 MN, up +17.8% YoY, and our EBIT margin increased

by +29 bps YoY, reaching 8.0% for the quarter. This increase was driven by higher retail sales, other income and improvement of efficiency.

• Our net profit reached THB 1,575 MN, up +21.5% YoY, and our net profit margin

increased by +39 bps YoY, reaching 6.1% for the quarter, due to abovementioned reasons and lower interest expenses.

NP% 22 bps NP 42.2% 1,297 1,575 2,945 4,187 5.7% 6.1% 5.2% 5.4% Q3 2016 Q32017 9M 2016 9M 2017

Q3 2017 Highlights 9M 2017 Highlights

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Agenda

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▪ Highlights ▪ Overall performance ▪ Performance by Supply Chain ▪ Operations update

Confidential

PSC – Update

17

OPERATIONS UPDATE

Glass Packaging

• Construction work of SB4 furnace completed on schedule
• Furnace

was

• pened
• n

6th

• f

October 2017 and

full operations started on 25th of October 2017.

• Capacity: 300 tons / day furnace
• Increasing our total capacity in Thailand to

3,035 tons / day.

• Construction

work

• f

SB5 furnace progressing

• n

schedule

• Targeted to be commercialized in Q3 2018

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CSC – Non-Food update

OPERATIONS UPDATE

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Vina Paper Acquisition

• On September 22nd 2017, BJC completed an acquisition
• f Vina Paper Company Limited:

– Number 3 tissue manufacturer in Vietnam. – Manufacturing various tissue paper (facial paper, toilet paper, kitchen paper) under E’mos brand.

• Acquisition rational:

– To further strengthen BJC’s position in Vietnamese tissue paper market. – Vina Paper’s massmarket E’mos brand complementing BJC’s premium Cellox brand. – Lowering BJC’s production cost for Cellox tissue paper. – Reduced distribution costs.

• Vina Paper in figures:

– Acquisition price: THB 482.7 million. – Capacity: 16,000 tons / year. – Market share 13%

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MSC – SSSG and Margin trend improvement continues

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Big C’s total sale like-for-like performance, recurring gross profit and EBIT margins, percentage

Rebasing Same-Store Sales Growth (SSSG) and improving margins due to strategic change

• 2.9%
• 4.0%
• 22.6%
• 22.3%
• 20.0%
• 15.2%

9.2% 13.2% 14.4% 17.8% 14.1% 16.1% 15.6% 17.7% Q1 2016 Q2 2016 Q3 2016 Q4 2016¹ Q1 2017 Q2 2017 Q3 2017

1 Q4 2016 Excluding one-off items: GP -74 million baht.

Strong SSSG recovery driven by increased B2B sales, and strong Fresh Food and Home Line performance during Q3 2017.

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MSC – B2B Sales

OPERATIONS UPDATE

• Business-to-Business sales
• Since discontinuing unprofitable B2B sales practices in mid-

2016, we have been working to develop profitable way in continuing serving B2B customers.

• Mainly

targeting corporate customers, and HoReCa customers.

• We have developed E-Campaign tool to recognize B2B

customers:

• B2B customers will receive wholesale prices.
• We service HoReCa customers through 30 stores with

capacity and capability to sell Fresh Food in bulk.

• Preorder and pick-up from store, or have their orders

delivered within 3km – 5km radius.

• At the end of September 2017 we had nearly 7,000 active

B2B customers.

• Whilst most of the B2B sales are in Dry Food category, we have

B2B sales also in Fresh Food, Homeline, and Hardline categories.

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Confidential

MSC – DC update

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• Thanyaburi 2:

– Construction of new Mini Big C distribution center started in May 2017 – Thanyaburi 2 distribution center: – Dedicated for Mini Big C format. – Space of 34,944 sq.m. – Pick-to-light and voice picking. – Capacity to handle 1,300 stores. – Construction work has been slightly delayed as heavy rains impacted piling work. – However still on schedule to be opened in early 2018.

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MSC – Solar Rooftop

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• Reducing

electricity expenses by utilizing store rooftops: – Increasing electricity price has prompted Big C to explore alternative energy source. – Electricity generated from rooftop solar plant can substitute the high priced electricity from MEA/PEA during peak hours. – Solar rooftop supplier builds and operates the solar plant. – Big C purchases electricity from solar plant at discounted rate from MEA/PEA rate. – Power Purchase Agreement is signed for long term, after which Big C will operate and receive full benefit from the system. – The first solar rooftop systems are targeted to be completed at 3 sites by the end of 2017. – We expect to complete additional 13 – 15 sites by the end of 2018. OPERATIONS UPDATE

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MSC - Expanding store footprint and improving existing assets

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Retail and Rental Area Q3 2017¹

Total space:

• c. 1,150,000 sq.m.

Total space: c.871,000 sq.m.

Expansion

• 9 Hypermarket stores
• 1 Big C Market store
• 200 Mini Big C in combination of owned stores

and franchise stores. Renovations

• 4

Extension renovations, 1 Right-sizing renovations, and 3 Full Renovations.

• Store improvement renovations in 42 stores.

Targets for 2017

Q3 2017 Progress

• Strong rental income growth continued in

third quarter.

• Opened

3 hypermarket (Pathumthani, Ubonratchathani, and Udonthani), and 61 Mini Big C (including 13 franchise stores).

• We completed 3 extension renovations

(Kamphengphet, Phetburi, and Sikhio) and 1 right-sizing renovation (Phetburi).

• We

have completed 32 store improvement renovations during 9M 2017 Operations update

1 Including Hypermarket, Big C Market, Mini Big C, and Pure Drugstores

2,503 2,690 7,530 7,970 3Q16 3Q17 9M16 9M17 5.8% 7.4%

Rental Income

(THB Million)

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MSC – First 3K/4K low-cost model stores opened

24

Operations update 3K Low Cost Model

• Opened first two 3K/4K Low Cost Model

stores in

• Ban Dung, Udonthani
• Retail area: c.3,700 sq.m.
• Rental area: c.2,500 sq.m.
• Namyuen, Ubonratchathani
• Retail area: c.2,600 sq.m.
• Rental area: c.1,900 sq.m.

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Synergies – Update Q3 2017

25

OPERATIONS UPDATE We are on track of achieving 1/3rd of THB1.7Bn recurring synergies in 2017 and full amount in 2019

Economies of scale through leveraging manufacturing capability for private brands Leveraging BJC’s leadership in consumer supply chain and logistics and improving Big C’s current backend infrastructure

• Leverage BJC’s import customs clearances
• Started operations at the new Hardline Hub

for BKK and nearby area in the beginning of October

• Consolidation of deliveries from suppliers to

be launched in Q4



Potential to increase penetration of private label with BJC products

• Successfully worked together to launch

new SKUs (i.e. seasoning, sausages, bakery ingredients) during the past nine months

• Solid new SKUs in pipeline for Q4

launch i.e. hand soap, yoghurt and snacks



IT Synergies between BJC and Big C

• All integration projects between BJC’s retail

units and Big C on track for Q4 completion



Utilizing Big C’s superior expertise in retail to improve performance of BJC’s smaller retail banners

• Successfully introduced new experiences in

stores by leveraging on BJC’s products i.e. Japanese shelf and Asia Book corners

• Combined key procurements to save cost

both at BJC and Big C



Leveraging resources across companies

• Successfully delisted BigC
• Further integrated back office teams in

merchandising area



Combine purchasing power and

• ptimize retail operations

Fully integrate logistics operations across entire value chain Cross-utilize IT and back office infrastructure

Synergies: c.THB1.7Bn

Note

• 1. Projected annual recurring EBITDA level synergies upon full implementation



Utilize TCC assets to open 8 MBC and market stores which have generated positively to the business

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Community focus update

26

• Volunteer Activities

– On 27th July 2017. BJC, Big C, BJL, BJF, Rubia, TSS and BJC Cellox arranged a volunteer activities to pay royal courtesy to His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun in the occasion of His Majesty the King’s 65th Birthday celebration.

• Alms Giving Ceremony

– On 28th July 2017 at Big C Supercenter Rajdamri Branch. Khun Charoen and Khunying Wanna Sirivadhanabhakdi, Khun Aswin and Khun Thapanee Techajareonvikul, management team, staff from BJC and Big C and local people join hand offering food to 66 monks at Big C Supercenter Headquarter to pay royal courtesy to His Majesty Maha Vajiralongkorn Bodindradebayavarangkun in the occasion of His Majesty the King’s 65th Birthday anniversary

• Children’s Magazine “Tonfun”

– On September 2017 Children’s Magazine “Tonfun”, Tonfun arranged special activities inside Big C store for the pleasure of our customers through stories telling and

• ther creative activities throughout September 2017

OPERATIONS UPDATE

Confidential

Conclusion

27

Very strong third quarter SSSG recovery at Modern Retail Supply Chain Hypermarket and Mini Big C expansion plan on track with full year targets confirmed. Continued good momentum in synergy teams in Big C and BJC, with confidence in achieving synergy targets. Continued solid performance across supply chains, with particularly storing Consumer Supply Chain and Modern Retail Supply Chain performance.

Confidential

Q&A

28

Berli Jucker Public Company Limited Berli Jucker House 99 Soi Rubia, Sukhumvit 42 Road, Phrakanong, Klongtoey, Bangkok 10110, THAILAND Website: www.bjc.co.th IR contacts Investor Relations Department E-mail: IR@bjc.co.th Website: www.bjc.co.th/en/investor-relations/investor-relations.php

• 1. Rami

Piirainen Ramip@bjc.co.th +66 2 367 1047

• 2. Tanaporn Teachaviwat

Tanaport@bjc.co.th +66 2 367 1189 For more information

Thank You