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Investor Presentation June 2018 Disclaimer This presentation is - - PowerPoint PPT Presentation

Investor Presentation June 2018 Disclaimer This presentation is not the Prospectus. It is prepared solely for the purpose of dissemination of Thonburi Healthcare Group Public Company Limited (THG")s information about the securities to


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Investor Presentation

June 2018

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This presentation is not the Prospectus. It is prepared solely for the purpose of dissemination of Thonburi Healthcare Group Public Company Limited (“THG")’s information about the securities to be sold before the proposed selling date so that prospective investors have sufficient time to study such information before making their investment decision. Information contained in this presentation is part of the draft Prospectus which has been submitted to the Office of the Securities and Exchange Commission (the "Office of the SEC") for the initial public

  • ffering of THG and which is not yet legally effective. Accordingly, the information contained in this presentation is subject to change. Any

inconsistencies or confusion between this presentation and the Prospectus should be construed and interpreted in the manner described in the Prospectus. Prospective investors should read and study the information contained in both this presentation and in the draft Prospectus. Prospective investors should also carefully examine the information contained in the final Prospectus which is approved by the Office of the SEC. Please note that the sale of securities may proceed only if the registration statement and the draft Prospectus submitted to the Office of the SEC have become effective and have been sent or distributed to prospective investors. Investment involves risk. Prospective investors should understand the characteristics of the securities being offered and study information about THG before making a decision to invest in the 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 THG’s corporate plans, strategies and beliefs and other statements that are not historical facts. These statements can be identified by the use of forward- looking terminology such as “may”, “will”, “expect”, “anticipate”, “intend” , “estimate”, “continue” “plan” or other similar words. The statements are based on the assumptions and beliefs of THG’s management in light of the information currently available to THG. 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 THG as to the future.

Disclaimer

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Vision & Milestones

“To be provider of extensive medical resources and network of hospitals with qualified standards, using cutting-edge medical innovation, gaining patients and families’ trust, and providing healthcare services at an affordable price”

1977 Thonburi Hospital started

  • peration

1991 Invested in Ubonrak Hospital 1993 Opened Thonburi 2 Hospital 1994 Registered as a public company limited 1996 Invested in Sirivej Hospital 1997 Invested in Dental Siam 2001 Invested in Rajthanee Realty 2003 Invested in Rajyindee Hospital 2009 Invested in Modular Software Expertise 2011 PPP agreement to provide hospital management for Phuket Provincial Hospital 2012 PPP agreement to provide hospital management for Pattaya City Hospital 2014 Invested in Thonburi Hospital Heart centers and Premier Home Health Care 2016 Restructure and prepare for IPO Signed JV for Welly Hospital in China

Registered Capital (THB mn) 20 60 300 600 849

Acquired BMP shares for Rehab hospital project Signed JV for Ar Yu International Hospital in Myanmar 2017 1976 1980 1991 2013 2017 3 2016

764

2015 PPP agreement for Koh Lan CMU

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SLIDE 4

THG Businesses

Hospital Business Healthcare Solution Provider Other business

2017 Revenue: THB 6,171 mm (93.3%) 2017 Revenue: THB 414 mm (6.3%) 2017 Revenue: THB 26 mm (0.4%) Domestic / International Hospital

  • 7 Hospitals
  • Registered Bed: 1,266 beds

Available Bed: 825 beds in Thailand 130 beds in China and 200 beds in Myanmar

  • OPD Rooms: 227 Rooms

Management Service

  • 2 Hospitals and 1 Medical Center in

Thailand

  • MOU for consultancy in China and

Saudi Excellent Center Management Service

  • 3 Heart Centers under management

Step-Down Care [Future project]

  • A rehabilitation center for patients

who do not need close watch from doctors

  • Low-tone care for OPD patients

Home Healthcare

  • Medication services to patient’s

home ex. check up, treatment, rehabilitation Senior living

  • Jin Wellbeing County, The mixed-use

development to provide services needed by senior Dental Supplies Retailer & Drug Stores

  • 10 Drug stores
  • Exclusive distributor for dental

supplies: 30 brands Software Development

  • Develop software to support internal

departments and connect with other networks such as Social Security Office, National Health Security Office, The Comptroller’s General Department Project Development for Healthcare & Medical Services

  • Land Pipeline: 1,931 Rai
  • Book Value: THB 1,811 mm

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THG’s outlook

  • Strong core business

with stable growth

  • Higher margin from

asset-light model

  • Organic growth from volume, price and

medical intensity, with capacity expansion

  • Potential growth from Thonburi Thungsong

Hospital in 2019 onwards

  • Expected growth from new opportunities

both domestically and internationally

Hospital & excellence center management

  • Ramping up after grand
  • pening
  • Less shared loss due to

more patients volume

Hospital & excellence center management Domestic hospital & business Domestic hospital & business Welly Hospital Jin Wellbeing County

Thonburi Bamrung Muang

  • Expected units transfer in 4Q18
  • Expected operation in 4Q18

Ar Yu Hospital

  • Expected operation in 2Q18

with loss shared to THG in first year

2017 2018 onwards 5

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Hospital (Thailand) 5 Hospital (overseas) 2 Hospital Management 2 Excellent Center Management 3 Network Hospital 9

Hospital Business - overall

  • Thonburi Hospital
  • Thonburi 2 Hospital

Sirivej Hospital Chantaburi Ubonrak Thonburi Hospital Rajyindee Hospital Welly Hospital (China) Ar Yu International Hospital (Myanmar)

  • Heart Center –

Bangplee Hospital

  • Heart Center -

Phatra Hospital

  • Heart Center –

Thonburi 2 Hospital Pattaya City Hospital Phuket Provincial Hospital

5 Key Excellence Centers

Heart Center Women’s Center Gastrointestinal and Liver Center Orthopedic Center Neuroscience Center Hospital Accreditation

  • f Thailand (HA)

ISO

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Hospital Business – Positioning benchmark

Medical sophistication Price per disease

Secondary Tertiary Super tertiary

High end High end, international focused Prestigious public medical schools High end, international focused High end, international focused Mid to high end hospitals Mid to lower end hospitals Lower end, SSO Thonburi Hospital Thonburi 2 Hospital Thonburi Rehab Hospital (Bumrung Muang)

THG has capability and capacity for sophisticated medical services but at more affordable price.

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Hospital Business – Thonburi and Thonburi 2 Hospital

Strategy

  • OPD
  • Increase and develop excellence centers

to meet demand of target group

  • Thonburi 2 aims to increase capability to

provide tertiary care services.

  • Space management for patients’

convenience and satisfaction

  • Expand customer base with continuous

marketing activities with insurance, corporate and foreign customers.

  • IPD
  • OPD building expansion can draw more

patients and potentially turn to IPD admission.

  • Step-down care can help free up beds to

support more complexed cases.

  • With our direction to provide more value

at affordable price, potential revenue increase should be mainly from more sophisticated treatments.

Thonburi Expansion Plan Thonburi 2 Expansion Plan

Details Area (sq.m.) Capacity Completion Year Total Investment 4 fl OPD building 4,320 23 OPD Rooms 2017 (Completed) 221MB 10 fl car park building 8,820 150 cars 2020 120MB 8 fl OPD building 14,900 50 OPD Rooms 2020 740MB Details Area (sq.m.) Capacity Completion Year Total Investment Increase OPD rooms and renovate ward 950 5 OPD Rooms 2017 (Completed) 100MB 3 fl IPD & OPD building 12,000 15 OPD Rooms/ 52 Beds 2020 435MB

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Thonburi Hospital – New building

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Hospital Business – International hospitals

Strategy for investment in international market

  • Selective increase in market with promising growth potential
  • Leverage on strong partners
  • Start from initial partnership, small investment or management contract until proven success

Welly hospital Location: Wei Hai, Shandong region Project: 130-available-bed private hospital in an area mostly populated by state hospital Grand opening in 4Q17 Partner: THG 58%, WEGO 42% Leading manufacturer of medical devices in China Ar Yu International Hospital Location: Yangon, Myanmar Project: 200-bed private hospital which is the first with international standard Partners: GMP 50%, THG to be 40%, AMS 10%

  • Ga Mone Pwint: Leader in brand

developer, property & real estate, hotel, retail, and trading business in Myanmar

  • Aryu Ananta Medical Services: A group
  • f leading local doctors

Asia Continent

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1Q17 1Q18 1Q17 1Q18 1Q17 1Q18 OPD Revenue IPD Revenue

Welly Hospital

  • The hospital is ramping up patient volume and revenue, aiming for break even in 2019.
  • In 1Q18, OPD patients are approx. 200+/day and IPD are approx. 70-80/day.
  • Welly Hospital continues to develop service standard with expertise, knowledge sharing

and service training from THG.

Revenue OPD visits IPD patient days

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  • The construction is on track with expected soft launch mid-2018.
  • Construction progress: > 95%

Ar Yu International Hospital

Lobby Pharmacy MRI Machine Staff orientation 12

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Domestic

‘Asset-light model’

  • No CAPEX – High ROE/ROA
  • Stable revenue stream
  • THG responsible for cost management
  • Current net profit margin >10%
  • THG diversifies into consulting & management services by establishing management team and providing efficient

medical services for public hospitals.

  • THG is the first private hospital to enter into Public – Private Co-operation agreement with Ministry of Interior and

Ministry of Public Health, aiming to bridge the gap between public and private hospitals’ healthcare standards. Locations

  • Pattaya City Hospital
  • Central Medical Unit (CMU) (Kohlan)
  • Phuket Provincial Hospital

Hospital Business – Hospital Management

International

Strategy

  • Strategic Increase – Using asset-light model that enhance ROE and ROA
  • Focus on Asian region – Current markets in China, Myanmar, and Saudi Arabia
  • Tap into markets where level of medical sophistication offered by local hospitals are insufficient for local demand
  • Cater services to suit requirements: e.g. consultancy, staff training, comprehensive study, feasibility study

378 440 503 598 2014 2015 2016 2017

Revenue from hospital management

2017 growth was mainly from overseas contracts

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Heart Center

Hospital Business – Excellence Center Mgt

Bangplee Hospital Phatra Hospital Thonburi 2 Patalung Hospital Type of Hospital

  • Public Hospital
  • Private Hospital
  • Private Hospital
  • Public Hospital

Medical Equipment Investment

  • THG’s Investment
  • Co Investment
  • THG’s Investment
  • THG’s Investment

0.4 58 130 216 2014 2015 2016 2017

Revenue from heart center 2017 growth was mainly from fee increase for contract renewal.

THG serves both private and public hospitals by providing highly skilled cardiologists, medical staffs and advanced machines which will allow heart patients to get access to high quality care at lower price.

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Hospital Business – Thonburi Rehab Hospital

Thonburi Hospital Tier 1 hospital serving medical tourism Affordability Expertise in Dental (by Dental Siam) Orthopedic Heart Neuro ICU Operation Room Orthopedic - Endoscopic surgery Gastrointestinal - checkup IVF Wellness Premium Checkup Plastic surgery Medical tourism Location: Easy-to-access Rehab Reasonable price IPD Step-down care

Supporting patients from Thonburi and Bamrung Muang

Location: West of BKK Location: CBD Geriatrics Luxury Thonburi Rehab Hospital

Bumrung Muang

Competitiveness when compared to existing players Synergy with Thonburi Hospital 15

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Hospital Business – Thonburi Rehab Hospital

  • Target IPD customers: Recovering patients, patients with chronic diseases
  • Target OPD customers: upper scale patient and medical tourists
  • Key benefit

To THG: Reduce ALOS of IPD patients and increase revenue per bed day of Thonburi Hospital To patients: Reduce financial burden of patients and families

Strategic location near resources from public hospitals

Klang Hospital Hua Cheaw Hospital Ramathibodi Hospital Siriraj Hospital and Thonburi Hospital Thonburi Rehab Hospital Chulalongkorn Hospital

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Thonburi Rehab Hospital

  • Target IPD customers: Recovering patients, patients with chronic diseases
  • Target OPD customers: upper scale patient and medical tourists
  • Thai Red Cross approved the layout and change of rental objective and renovation is on track
  • Expect to start operation around 4Q18, with dental, IVF and checkup

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Healthcare Solutions Provider Business

Home healthcare Dental supplies & drug stores Senior care and senior living

  • Basic treatment: medication dispensing and delivery, health evaluation, vaccination,

counseling

  • Skilled nurse service: wound care, post-surgery care, pain management, fall prevention
  • Physical therapy service: for orthopedic patients, for neurological disorders, cardio-

pulmonary rehab

  • Service for new mom: ultrasound for blocked milk ducts
  • Standard hospital-accredited housekeeping (Premiere Healthy Clean): allergy and dust

mites specialists Healthcare mixed use development comprises of

  • Active Living, 7-story residential building with medical staff, 24-hour

emergency aid and Centralized Health Monitor System

  • Aged Care Center with capacity of 59 beds in phase 1 for elderly who need

a closer care

  • Wellness Center for physical rehabilitation and health activities
  • Dental Siam: one-stop service dental supplies shop
  • Apex: drug stores with 10 branches in shopping malls

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Jin Wellbeing County

  • Key differentiation is comprehensive medical service with expertise from Thonburi Hospital.
  • With growing senior population in Thailand, the project can become a big community with potential of

recurring income from residents.

  • New source of revenue diversifying more into non-hospital business.
  • Expected construction completion and unit transfer in 4Q18.

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Thonburi Hospital Tier 1 hospital serving medical tourism Affordability Expertise in Dental (by Dental Siam) Jin Wellbeing County IVF Wellness Premium Checkup Plastic surgery Medical tourism Location: Easy-to-access Rehab Reasonable price IPD Step-down care

Supporting patients from Thonburi and Bamrung Muang

Location: West of BKK Location: CBD Geriatrics Aged Care Luxury Active Living Thonburi Rehab Hospital

Bumrung Muang

Orthopedic Heart Neuro ICU Operation Room Orthopedic - Endoscopic surgery Gastrointestinal - checkup

Jin Wellbeing County - Rationale

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Jin Wellbeing County – Project details

Active living Aged care

  • 59 beds in phase 1
  • Offer special care for

dependent elderly

  • Clinic, nursing home, physical

therapy

  • Recurring income expected

from medical services, approx. 60,000-70,000 baht/month

Wellness center

  • Extra services for members
  • Exercise, recreational classes,

hydrotherapy pool, game room, function room, Thai massage, prayer’s room, restaurant, salon etc.

  • Recurring income from

membership fees and extra activities Target group Elderly (>60) - for themselves Senior (45-60) - for themselves Adult (<45) – for parents or to prepare for themselves Investors – for rental purpose/ for investment

  • 1,380 freehold units in 13 low-

rise buildings for phase 1

  • One-bedroom and two-

bedroom layouts at 85,000– 120,000 baht/m2

  • Designed specifically for

senior living

  • 24/7 emergency service
  • GPS Personal tracking

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Jin Wellbeing County

Construction update

Structure 20% Architecture 0% Engineering 2% Exterior 0% Structure 27% Architecture 3% Engineering 5% Exterior 0%

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Other supporting business

Software Development Project development for healthcare/ medical service

Thonburi Realty Development Company Ltd. and Rajthanee Realty Company Ltd. develop projects related to medication for future project under group, for example senior living home and step-down care Company Location Area Book value Thonburi Realty Development Co., Ltd. Ratchaburi 1,550 rai THB 344.4 mn Rajthanee Realty Co., Ltd. Surat-thani (Koh Samui) 381 rai THB 1,467.3 mn Modular Software Expertise Co., Ltd. (MSE), one of Thailand's leading Hospital Information System (HIS) provider with experienced IT team and healthcare management professionals

  • Hospital Information Management System (HIMS)
  • Goods Management and Distribution System (GMDS)
  • Retail Store Information Management System (RIMS)
  • Car Park Management System (CPMS)

within THG Group Outside THG

Customer Group 23

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CAPEX and Financial Plan

Unit: THB mm 2017A 2018F 2019F 2020F Hospital Expansion 570 750 410 50 Thonburi Rehab Hospital 3,455

  • Jin Wellbeing Project

3,280 (Exc. land THB 430 mm)

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Investment highlights

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Investment highlights

Strong positioning in Bangkok with diversification to strategic locations upcountry Extensive Medical Resources and Network Diversify revenue mix Strong growth potential

  • Well trusted due to its 40-year-old brand and

track record of quality medical services

  • Best value in providing sophisticated medical

services at affordable price

  • TH1 proximity to top medical school provides

benefit to retain specialized doctors and nurses

  • 17 Network hospitals allow THG to capture benefits

from cost control and client referral

  • Hospital business maintains a strong core, plus

future revenue from new businesses and from

  • verseas.
  • Expand into full-coverage medical businesses

with innovative healthcare services

  • Early mover towards integrated healthcare

provider, including wellness and aged care

  • Jin Wellbeing County and Thonburi Bumrung

Muang projects as brown field for growth drivers

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Financial information

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1Q17 2Q17 3Q17 4Q17 1Q18 Others Healthcare solution provider Medical service

1Q18 Financial Performance

Total revenue (mn THB)

1,743

+8.4% YoY

1,578 1,738 1,683

Medical service +13.5% YoY

  • 1Q18, THG had strong growth in medical service business, mainly from Thonburi 1 Hospital that saw increase in patient

volume due to new excellence centers and more collaboration with insurance company.

  • Disease outbreaks in 1Q18 also had impact to higher volume of Thonburi 2 Hospital. Price and intensity increase
  • rganically, as it aims towards tertiary care.
  • Opening of heart center at Thonburi 2 Hospital contributes to improvement in IPD after having to partly close a ward for

renovating of heart center, and contributes to higher revenue for excellence center business.

  • New MOU regarding advisory service for a hospital in Vietnam contribute YoY growth to hospital management business.
  • Revenue from Healthcare Solution Provider business decreased because there was no dental equipment project, unlike

1Q17.

  • QoQ slightly dropped mainly because it was compared to 4Q17 that has a high base from overseas management project.

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1,553

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116 157 131 194 138

1Q17 2Q17 3Q17 4Q17 1Q18

Hospital Management & Heart Center

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+19.0% YoY -28.9% QoQ

  • In 1Q18, there was revenue from project in

Vietnam to advise for renovating, setting up and operating a new hospital.

  • Other contracts are under negotiation.

52 45 50 69 55

1Q17 2Q17 3Q17 4Q17 1Q18

Revenue from hospital management +5.8% YoY -20.3% QoQ Revenue from heart center

  • Heart center at Thonburi 2 Hospital is

expected to ramp up with its full operation.

  • In April 2018, another new site at Patalung

Hospital was opened for OPD patients. IPD service is expected to start in June 2018.

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380 434 508 508 478 24.5% 27.6% 29.1% 29.3% 28.4% 1Q17 2Q17 3Q17 4Q17 1Q18 Gross Profit GP Margin 237 263 333 314 348 15.2% 16.7% 19.1% 18.1% 20.7% 1Q17 2Q17 3Q17 4Q17 1Q18 EBITDA EBITDA Margin 94 131 171 158 158 6.1% 8.3% 9.8% 9.1% 9.4% 1Q17 2Q17 3Q17 4Q17 1Q18 Net Profit -Parent NP Margin

1Q18 Financial Performance

Gross profit (mn THB)

+25.8% YoY

EBITDA (mn THB) Net profit-parent (mn THB)

+46.8% YoY +68.1% YoY

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  • YoY growth from overseas

management projects with better margin

  • Cost increased along with

revenue growth but slower due to volume increase and efficient cost control

  • YoY growth from higher profit

before tax

  • Significant increase from

disposal of long-term investment and revenue from write-off of long outstanding tax payable

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1Q18 Operational statistics

Revenue mix (Bangkok) Revenue mix (Upcountry) OPD utilization IPD utilization

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47% 46% 46% 46% 46% 53% 54% 54% 54% 54%

1Q17 2Q17 3Q17 4Q17 1Q18 % OPD Revenue % IPD Revenue

45% 45% 42% 45% 45% 55% 55% 58% 55% 55%

1Q17 2Q17 3Q17 4Q17 1Q18 % OPD Revenue % IPD Revenue 63% 63% 74% 66% 70% 69% 64% 82% 78% 79% 1Q17 2Q17 3Q17 4Q17 1Q18 Bangkok Upcountry 62% 63% 67% 63% 66% 65% 68% 76% 66% 61% 1Q17 2Q17 3Q17 4Q17 1Q18 Bangkok Upcountry

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1Q17 2Q17 3Q17 4Q17 1Q18 Bangkok Upcountry

1Q18 Operational statistics

309 335 360

Pay per sequence (baht) Pay per bed day (baht) OPD sequence (‘000 sequences) IPD occupancy (‘000 bed days)

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1Q17 2Q17 3Q17 4Q17 1Q18 Bangkok Upcountry 21,221 22,365 21,222 21,840 21,595 10,974 11,977 11,514 10,430 11,008 1Q17 2Q17 3Q17 4Q17 1Q18 Bangkok Upcountry

335 48 54 59 54 47 321

2,497 2,534 2,534 2,560 2,570 1,748 1,709 1,726 1,785 1,896 1Q17 2Q17 3Q17 4Q17 1Q18 Bangkok Upcountry

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2.6 1.0 0.6 0.7 2.9 3.6 3.2 3.5 2015 2016 2017 1Q18 2% 28% 70% 8% 25% 67%

1Q18 Capital management

Gearing ratio Interest coverage ratio (x) Capital structure (mn Baht) Dividend

On 24 April 18, AGM approved dividend payment for 2017 performance at

THB 0.40/share = 61% payout

  • XD 8 Mar 18
  • Payment date 21 May 18

Dividend policy: not less than 40% of net profit

3,442

229

161 2017debt Interest 3,001 Repayment from IPO proceed Pre-IPO debt

6,672 Equity LT loan

LT loan ST loan

1Q18 4Q17 IBD/EBITDA (x) D/E (x)

IBD / EBITDA Covenant: 5x

33

Post-IPO

3,671

LT loan

ST Loan 5.7 5.0 5.3 7.3

2015 2016 2017 1Q18

DSCR ratio (x)

3,3 43 985 33 1Q18 debt Interest

LT loan ST loan

4,328

2.4 1.6 4.4 4.1 2015 2016 2017 1Q18

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Appendix

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Group structure

Company Structure

Vanasin Family Other shareholders Thonburi Healthcare Group PLC Registered capital THB 849 mn Paid-up capital THB 764 mn

Rajyindee Hospital PLC Sirivej Hospital PLC Ubonrak Hospital

  • Co. Ltd.

Uttaradit Thonburi Hospital Co. Ltd. Thonburi Hospital Heart Centers Co. Ltd. Weihai Thonburi Healthcare Investment Co. Ltd. Hospital Business Other related Business Dental Siam Co. Ltd. Modular Software Expertise Co. Ltd. Rajthanee Realty

  • Co. Ltd.

Premiere Home Health Care Co.,Ltd. Thonburi Realty Development Co. Ltd. Other investments

Pre IPO

Shareholding structure

Vanasin family 31.5% Unnanuntana Family 7.7% Meksawan family 4.3% Other shareholders 56.6% Vanasin family 28.3% Unnanuntana Family 6.9% Meksawan family 3.9% Other shareholders 50.9% IPO portion 10.0% 28.3% 71.7% 55.9% 31.9% 34.0% 99.9% 99.9% 58.0% 99.4% 70.0% 100.0% 99.8% 99.9%

Post IPO

Remark: Uttaradit Thonburi Hospital Co., Ltd. is a dormant subsidiary of THG * THG currently holds 10% of Aryu International Health Care and plans to acquire stake up to 40% within 2018.

Aryu International Health Care Co. Ltd.* 10.0%

As of 30 December 2017

35

Bumrung Muang Plaza

  • Co. Ltd.

99.9%

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THG’s hospitals

International Upcountry Area

Thonburi (TH1) Thonburi 2 (TH2) Rajyindee Ubonrak Sirivej Welly Ar Yu Year Operated 1977 1993 1995 1991 1992 2016 2018 Location Bangkok Bangkok Songkla Ubon Chantaburi Shandong Yangon Registered bed 435 95 196 100 90 150 200 Available bed 486 339 130 150 Doctors 534 203 140 92 88 72 N/A Medical Staff 527 169 230 190 157 108 N/A Certification HA HA / ISO HA HA HA

  • N/A

Bangkok Area

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OPD Examination Rooms / Beds Treatment Room Geriatrics 16 2 Pediatric 8 2 Rehab 3 10 Wellness and Checkup 13

  • IVF

6 3 GI 6 4 Dental 17

  • Anti-Aging

2 22 Plastic Surgery and Endo 15 3 OR/Scope1/

  • 4

MRI and CT Scan

  • Total

86 50

Project Details

1/ The hospital plans to have OR/Scope in 2019

Location Bamrung Muang Road Acquisition Share purchase – Bamrung Muang Plaza Co., Ltd “BMP” (Subsidiary of Power Line Engineering Plc. “PLE”) Key Assets Leasehold agreement and Building (Bamrung Muang plaza) Investment value 3,540 MB

  • Acquisition cost 2,100 MB
  • Equipment & Renovation 1,348 MB
  • Rental contract - Red Cross Society 92 MB

Acquisition status Completed Renovation Expect to complete in 2018 Bed 144 Beds (open 59 beds in 2018) Area 80,000 sq.m. (Service area 50,000 sq.m.) Target Customer THG customers / Medical tourist

Hospital Business – Thonburi Rehab Hospital

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Jin Wellbeing County

Phase 1 Details GFA (sq.m.) NSA/UFA (sq.m.) Capacity (rooms) Completion Year Investment Value (MB) Revenue Model Active Living 7 Stories and community centers 117,015 74,840 1,380 (43-46 sq.m. : 54%) (63-68 sq.m. : 46%) 2018-2019 3,100 Unit selling price 85,000 to 120,000 baht/sq.m. Aged Care Offer special care for dependent elders 7,431 4,930 (UFA) 59 2019 230 Recurring income from medical service for aged care facilities 60,000-70,000 baht/month Wellness Center Provide facilities and services such as park, fitness and swimming pool and special activities for members 10,000 7,275 (UFA)

  • 2019

380 Recurring income from Membership Fee and extra activities Total 134,446 87,045 1,440 3,710

38

Location Rangsit; 40 km. from CBD / 5 km. from major attraction / Easy access via transportation and toll way Area 142 rai Appraisal value 2,477 MB (10,846 baht/sq.m.) Appraised value on March 1st, 2016 by Fast and Fair Valuation Co., Ltd. Project counterparties SHMA, ThomsonAdsett (specialize in senior living design), OPNBX, VAMED (global provider for hospitals and other facilities in the healthcare sector)

Project Overview Project Map

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For more information, please contact IR department. Email: ariya@thonburihospital.com Tel: +662-4872000 ext 2168

“Lifetime health guardian for all”