Frasers Property Thailand Corporate Day 1/2020 1st Quarter Fiscal Year 2020 Earnings Three Months Ended December 31, 2019
Statements in this presentation constitute “ forward-looking statements ” , including forward-looking financial information. Such forward- looking statements and financial information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Frasers Property (Thailand) Public Company Limited ( “ FPT ” ) and its subsidiaries or industry results, to be materially different from any future results, or FPT performance or achievements expressed or implied by such forward-looking statements and financial information. Such forward-looking statements and financial information are based on numerous assumptions regarding the present and future business strategies and the environment in which the FPT and its subsidiaries will operate in the future. Because these statements and financial information reflect FPT ’ s current views concerning future events, these statements and financial information necessarily involve risks, uncertainties and assumptions. Actual future performance could differ materially from these forward- looking statements and financial information as a result of these risks, uncertainties and assumptions and you are cautioned not to place undue reliance on these statements and financial information. FPT expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement or financial information contained in this presentation to reflect any change in FPT ’ s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement or information is based, subject to compliance with all applicable laws and regulations and/or the rules of the Stock Exchange of Thailand, the Securities and Exchange Commission and/or any other regulatory or supervisory body or agency. This presentation includes market and industry data and forecast that have been obtained from internal survey, reports and studies, where appropriate, as well as market research, publicly available information and industry publications. Industry publications, surveys and forecasts generally state that the information they contain has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of such included information. FPT has not independently verified any of the data from third party sources or ascertained the underlying economic assumptions relied upon therein. The information contained in this document is strictly confidential and is made available to the recipient on the condition that it will be held in complete confidence. Any reproduction or distribution of this document in whole or in part, or the disclosure of any of its Presentations, without prior expressed or written consent of the Company is prohibited. The information contained in this document has been compiled from sources believed to be reliable. The accuracy and completeness of such information, however, is not guaranteed nor warranted. Nothing in this presentation should be construed as financial, investment, business, legal or tax advice and you should consult your independent advisors. Frasers Property Thailand – Corporate Day 1/2020 | 2 2
Quarterly highlights • Business updates • Portfolio operating metrics • Financial performance • 2020 Outlook • Q&A • Special gathering on FPT ’ s Supachalasai townhall • Frasers Property Thailand – Corporate Day 1/2020 | 3
Industrial property is s gaining momentum with so solid operating metrics Robust growth Strengthened factory AUM occupancy rate at 75 75% % in Dec-19 (from 72 72%in Dec-18), and warehouse in recurring AUM occupancy rate at 86 86% (from 81 81%in Dec-18). Healthy Built-to-Suit development pipeline with an 11-year 13K sq.m. BTS contract secured for incomes by Lyreco Thailand in Nov-19 and more than 50K BTS expected to sign within 2Q20. +4.87% Y-o-Y Rising demand in FMCG, e-commerce, logistics providers and consumer products sector, well- supported by relocation of Chinese manufacturing and demand for EEC. 93% OCC rate for Growth in recurring income provide for operational resilience commercial 1Q20 revenue from rental and related services rose by +4.87% % Y-o-Y to THB 696 million, driven by an increase of +4.60% % from industrial property sector and +5.34% % from commercial property property sector with FYI center recording full occupancy. portfolio (AUM) Softened residential sa sales from market sl slowdown 82% OCC rate Revenue from sales of real estate dipped -5.59% % Y-o-Y to THB 3,546 million, but this remains above overall dip in residential property sector of 15-30 % for 2020*. for industrial portfolio FTREIT ’ s ass sset acquisition will br bring higher management fee to to FPT (AUM) FTREIT successfully acquired 80K sq.m. of high-quality assets outside the Group Company in Nov- 19. The acquired asset is 100% occupied and located in EEC Laemchabang. *Source : Bangkok Post Frasers Property Thailand – Corporate Day 1/2020 | 4
Business updates
Industrial Property Commercial Residential & Related Businesses & Hospitality ✓ High enquiries of new and expansion ✓ Sales softened from cyclical industries ✓ SYM outstanding performance with leases from existing tenants & tenants tied to macro environment, with a ramp-up occupancy for Mitrtown office relocating from China. moderate drop far less than the broader tower at 73%, while retail space almost market. fully secured at 94%. ✓ Enhancing services and tech initiatives to drive portfolio performance. ✓ A total of 6 new projects launched over ✓ 100% occupancy remains for GOLD ’ s the quarter worth THB 7.9 billion high-quality commercial portfolio in CBD ✓ Strong Built-to-Suit pipelines YTD, on Bangkok including FYI Center, Park track to reach 150K sq.m. for FY2020 ✓ Pre-sales value amounted to THB 7.1 Venture Ecoplex, Sathorn Square billion from 58 active projects worth THB ✓ Development of BTS and new logistics 72 billion park on track. ✓ Total backlog awaiting to be transferred ✓ TRA master planning in progress at THB 3,654 million Frasers Property Thailand – Corporate Day 1/2020 | 6
Lyreco’s biggest distribution centre to support e-commerce business in Thailand with net leasable area of more than 13K sq m. and a storage capacity for more than 6,800 product SKUs under an 11-year leasehold agreement. Located in a prime logistics node of FPT’s Bangplee Cluster on Bangna-Trad Road km.19. The facility is expected to be handover in Q2-2020. Frasers Property Thailand – Corporate Day 1/2020 | Frasers Property Thailand – Corporate Day 1/2020 | 7 7
Exploring opportunities and energizing future with unique space solutions of exceptional quality. Engaging environment with a vibrant community amidst lush greeneries. Groundbreaking in February 2020 with target launch of ~ 40K sq.m. in 1 st phase by Dec 2020. Frasers Property Thailand – Corporate Day 1/2020 | 8
Well integrated the sleek warehouse building with office spaces, retail amenities design , and green sustainability concept at the central to facilitate the community with playground, exhibition area, outdoor sport activities and shared meeting room. The facility is expected to be handover in Q4-2020 Location Highway Entrance/Exit Point Approx. 3km from site by local road Located in Phra-Padaeng district, only 25 min from CBD, 10 min to Thonburi Site and 25 min to Bangna-Trat Road. Centralized Amenity Popup exhibition/ event Outdoor Amphitheatre Sport Activity Frasers Property Thailand – Corporate Day 1/2020 | Frasers Property Thailand – Corporate Day 1/2020 | 9 9
Pinthong 5 IE FPT ESB3 (WH) Midea 130 rai Laemchabang Midea’s snapshot Onboarding Midea Group being the anchor customer for the new manufacturing park in Chonburi province Robotics & Smart Supply JV/ Partnerships Heating,Ventilatio, Consumer Product Industrial Chain & Other Air Conditioning with Leading Segment Appliances Midea facility will be developed into Midea Group’s Business Systems (HVAC) Automation Global Brands largest home appliance manufacturing hub in Thailand & the largest intelligent technology manufacturing hub outside of China. Companie s and FPT landbank of 300 rais located next to Midea facility Brand will provide the perfect fit for facilities to Midea’s eco- Examples system. Frasers Property Thailand – Corporate Day 1/2020 | 10
Bangkok’s First Hyperscale Data Centre Campus JustCo ’ s mega co-working space at Samyan Mitrtown Newly-launched space occupying six floors across 12,000 sq.m. JustCo’s portfolio occupancy remains strong across all fully-operating centres. Accelerate growth of Data Centre business via new partner with TCC Technology CO., Ltd Frasers Property Thailand – Corporate Day 1/2020 | Frasers Property Thailand – Corporate Day 1/2020 | 11 11
Portfolio operating metrics
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