[PPT] - Q22017 01 Background and Business (Available in Appendix) 02 PowerPoint Presentation

SLIDE 1

OPPORTUNITY DAY

Q2’2017

SLIDE 2

01 02 03 04 05 06 07 08

Background and Business (Available in Appendix) Financial Statement Business Outlook Appendix

SLIDE 3

Background and Business

( A V A I L A B L E I N A P P E N D I X )

SLIDE 4

Financial

Statement

SLIDE 5 17.9% 17.2% 2Q2017 2Q2016

NP Margin (%)

31.5 26.1 2Q2017 2Q2016

NPAT (MB)

Consolidated Earning 2Q17 (3-month)

Sale

Increased sales were brought by 5 new

branches after Q2 2016 EBIT & Net Profit

EBIT and net profit shoot up from new

branches’ sales and cost management with efficiency via economy of scale. Seasonal raw material costs were well under control.

Financial cost also reduced to Bt.

45k from Bt. 2 MB due to bank loan repayment in January 2017.

Quarter (3-month)

Unit : MB 2Q17 % 2Q16 % Dessert café 171.5 98.6% 149.5 99.5% Catering and OEM 2.5 1.4% 0.8 0.5% Total sales es 174.0 100.0% 150.2 100.0% Other income 2.2 n/a 1.1 n/a Cost of sales 58.0 33.4% 54.8 36% Gross Profit 115.9 66.6% 95.5 64% EBIT 38.5 22.1% 34.6 23% Reported Net Profit 31.5 17.9% 26.1 17.2% EPS (Baht/share) 0.04 0.05 2Q17 2Q16

# of Branches 22 17

5

SSSG % 2Q17 2Q16 Average

3.84%

25.26%

+0.62% + 5.32 MB

SLIDE 6 15.9% 18.0% 1H2017 1H2016

NP Margin (%)

53.2 52.2 1H2017 1H2016

NPAT (MB)

Consolidated Earning 1H17 (6-month)

Sale

Sales growth resulted from 5 new

branches EBIT & Profit

EBIT diminished by 3.9% from more

employees supporting expansion. In Q1, there were 2 one-off spending on staff development cost and property expense, accounted for 0.8% of total sales. Moreover, AGM and other expenses related to SET listing were also incurred during April 2017.

Rise in net profit was pushed by new

branches’ sales and drop in financial cost as bank loan was repaid after IPO

1H2017 (6-month)

Unit : MB 1H17 % 1H16 % Dessert café 325.45 98.57% 286.5 99.3% Catering and OEM 4.71 1.43% 2.2 0.7% Total Sales 330.16 100% 288.6 100% Other income 3.78 n/a 1.4 n/a Cost of sales 113.03 34.2% 105.1 36.4% Gross Profit 217.13 65.8% 183.5 63.6% EBIT 65.17 19.7% 67.8 23.5% Net Profit 53.2 15.9% 52.2 18.0% EPS (Bt. Per share) 0.07 0.10

2.05 %

+ 1.04 MB

1H2017 1H2016

# of Branches 22 17 SSSG % 1H2017 1H2016 Average

4.35%

26.06% Adjust number of days

( 2 days different; no. of days in Feb and Staff seminar )

% 1H2017 Average

3.28%

Negative SSSG (-1 to -6%) also were reported in other listed restaurant companies’ MD&A. For AU, such factors are lower general consumer spending, road blockages due to constructions and government’s ceremony, unexpected climate change in late 2nd quarter.

SLIDE 7

Financial Position as at 30 June 2017

Assets

The reduction was brought by · Cash & S-T investment drop from 628MB to 507 MB. Such 2016 IPO cash received was spent out for loan repayment and PP & E procurements.

Liabilities

The reduction was brought by · 66.3MB Long-term bank loan fully repaid in January · Decrease in payable : Service fee related to IPO 15.5MB which was accrued in 2016.

Equity

· Retained earning escalated from net profit during the period

951.94 95.34 856.60 981.93 173.10 808.83

Total Assets Total Liabilities Total Equity

30-Jun-17 31-Dec-16

29.99 MB
77.76 MB

47.77 MB

SLIDE 8

Business

Outlook

SLIDE 9

THE P O RTA L I MP A CT MUA NG THO NG THA NI

No. 19th – OPENED

9th Mar

Q1 Q2 Q3 Q4

S I A M P A RA G O N

1st Durian– OPENED 5th May

Branches Expansion Plan 2017

BANGKOK HOSPIT AL

No. 20 th – OPENED

8th June

E S P L A NA DE

No. 21 th – OPENED

28th June

MB K

No. 22nd – OPENED

7th Sep T HE PROMENADE To be opened 17th Sep

CE NTRA L B A NG NA

To be opened 20th Sep

THE MA L L K O RA T

To be opened 15h Oct CENT RAL W EST GAT E To be opened Late Q4

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1 . S P E CIA L P RO J E CT O E M , A I RL I NE

Business Outlook 2H2017

Previous & New Partner Collaborations

2 . A FTE R YO U NE W B RA NCH CO NCE P T !

new branch!

3 . CA TERING S E RV I CE S – LO CA L

Catering Airline event at the end

f the year.

Q3 Q4

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CA TE RI NG S E RV I CE S ( S I NGA P ORE)

The Finest Thai @Singapore, sep 8th - 10th, 2017

Business Outlook 2H2017

New menu!

4 . E X CI TING NE W ME NU S P E CI A L E V E NTS 5 . I NTERNA TIONA L O P P O RTUNI TIES

Singapore 10th years anniversary Mysterious box Malaysia

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New Businesses and activities : 2018 and

nwards

2 0 1 8 P L A N : > 1 0 N E W B R A N C H E S O F A F T E R Y O U D E S S E R T C A F É ( 5 A R E U P C O U N T R Y )

*Kasikorn bank Research Center has estimated 35.2 mil. tourists coming to Thailand in 2017, 8.2% growth from 2016

I N T E R N A T I O N A L D E A L : W E ’ R E O P E N I N G F O R S U B M I S S I O N

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Q&A

AFTER YOU

afteryoucafe afteryoudessertcafe @afteryoucafe

www.afteryoudessertcafe.com

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Appendix

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Resources for business expansion

Objective of spending capital Amount Amount used during 23 - 31 Dec 2016 Amount used during 1 Jan -30 Jun 2017 Outstanding balance as of 30 Jun 2017

1. Business expansion e.g.
Opening new branches

161.0 0.6 21.4 139.0

Capacity expansion

200.0 5.2 22.1 172.7

Install and improve IT & ERP

25.0 3.3 2.2 19.5

Construction of HO, training center and

distribution center 90.0 21.9 63.0 5.1

2. Loan repayment

60.5

60.5
3. Working capital

175.6 104.5

71.1

Total 712.1 135.5 169.2 407.4

Capex will be emphasized on warehouse and cold storage spending

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New Businesses and activities : Outlook 1 After You Durian

becomes available in EVERY After You Dessert Café’ P O P U L A R D U R I A N C R U M B S T I C K

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New Businesses and activities : Outlook 2) Outbound Catering Service & Events

Sansiri and The Royal Thai Embassy presented a 3-

Day “Premium Lifestyle Festival in Singapore” for the first time from 8 to – 10 September 2017.

AU offers outbound catering such as Impact (Muang

Thong) Chiang Mai Saraburi Korat Singapore Malaysia, and etc.

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New Businesses and activities :

AU, as an OEM manufacturer, now able to utilize existing resources to sell bakery products through various way of distributions or shops via the right partners O U T L O O K 3 ) P R E V I O U S A N D N E W P A R T N E R C O L L A B O R A T I O N S 4.1 Durian Outlet 4.2 AU “TO-GO” Concept, locating in heavy traffic office towers or MRT / BTS O U T L O O K 4 ) N E W C O N C E P T Marketing activities / new products & menu O U T L O O K 5 ) A F T E R Y O U D E S S E R T C A F É ’ 1 0 Y E A R S A N N I V E R S A R Y C E L E B R A T I O N

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INFORMATION INQUIRY

AFTER YOU PCL., 1319/9 Phatthanakan Rd. . , Suan Luang Bangkok 10250, Thailand

ir@afteryou.co.th + 66 2318 4488 or + 66 2318 4488 # 206

Phone: Email:

The information contained here is being furnish on a confidential basis for discussion purposes only and only for the use of the recipient, and may be subject to completion or amendment through the delivery of additional documentation. Except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security

f engage in any transaction. The information contained herein has been obtained from sources that After You Public Company Limited (“AU”) considers to be reliable;

however, AU makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. Any projections, valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters described herein; such projections, valuations and analysis may be based on subjective assessments and assumptions and may utilize one among alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses are not to be viewed as facts and should not be relied upon as an accurate representation of future events. The recipient should make an independent evaluation and judgement with respect to the matters contained herein.

SLIDE 20

Portfolio

Branches Province Location Type Note / Launched AFTER YOU 1 J Avenue Thonglor 13 BKK Community mall 2 La Villa Aree BKK Community mall 3 Siam Paragon BKK Shopping center 4 The Crystal Park BKK Community mall 5 Central Plaza Ladprao BKK Shopping center 6 Int Intersect Pharam 3 BKK Community mall 7 Silom Complex BKK Shopping center 8 Central World BKK Shopping center 9 The Mall Bangkapi BKK Shopping center 10 Siam Square One BKK Shopping center 11 The Crystal Ratchapruek Nonthaburi Community mall 12 Tha Maharaj BKK Community mall 13 Mega Bangna Sumut prakan Shopping center 14 The Mall Bangkae BKK Shopping center 15 Future Park Rangsit Pathum Thani Shopping center 16 Terminal 21 BKK Shopping center 11 Jul 16 17 Seacon Square BKK Shopping center 21 Sep 16 18 Central Plaza Pinklao BKK Shopping center 9 Nov 16 19 The Portal Impact Muang Thong Thani Nonthaburi Community mall 9 Mar 17 20 Bangkok Hospital BKK Hospital 8 Jun 17 21 Esplanade Ratchadapisek BKK Community mall 28 Jun 17 22 MBK BKK Shopping center 7 Sep 17 23 Central Bangna BKK Shopping center Late Sep 17 24 The Promenade BKK Community mall Late Sep 17 25 The Mall Korat Korat Shopping center Open Q4 17 AFTER YOU Durian 26 Siam Paragon BKK Shopping center 3 May 17 MAYGORI 27 Siam Square One BKK Shopping center

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Board of Directors and Management Structure

Board of Directors Position

1. Mr. Premon Pinskul

Chairman, ID & AC

2. Mr. Wiwat Kanokwatanawan

Vice Chairman

3. Mr. Phiched Bhimayothin

ID & Chairman of AC

4. Dr. Thamnoon Ananthothai

ID & AC

5. Mr. Maetup T.Suwan

Director

6. Ms. Gulapat Kanokwatanawan

Director

7. Mr. Mill Kanokwatanawan

Director

Management Position

1. Mr. Maetup T.Suwan

Managing Director

2. Ms. Gulapat Kanokwatanawan

Deputy Managing Director

3. Mr. Mill Kanokwatanawan

Assistant Managing Director

4. Mr. Songpon Tasnasathienkij

Director of Operations

5. Ms. Uraiwan Samanwong

Director of Manufacturing

6. Ms. Chamaiporn Tungkittisuwan

Director of Finance & Accounting * Outsourcing Operations Manufacturing Company Secretary Human Resource Finance & Accounting Managing Director Deputy Managing Director Internal Audit* Board of Directors Audit Committee Assistant Managing Director

C O M P A N Y ’ S S T R U C T U R E

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Company Business

After You Plc.

Dessert café

Aurum and Aurum Co., Ltd

Sourcing raw material

100% Group Structure Revenue Contribution

Name Established year Branches Location Style Products Price Range (Bt./me nu) After You

2007 21 Bangkok Metropolitan Region Dessert café

Variety of products including cakes, cookies, toasts,

breakfast, and beverages

After You Durian

125 – 255 85 – 345

Maygori

2016 1 Bangkok Shaved ice dessert café Variety of shaved ice desserts 185 - 235

Total

22 Dessert Café Overview 97.5% Catering & OEM 1.4% 1.1% Note: Revenue portion of 30 June 2017 Source: Company data as of 15 June 2017 Others &

SLIDE 23

Company Milestones – Up to 22 branches as at 1H’17

Source: Company data as of 30 June 2017

Opened La Villa

Phaholyothin branch

The 1st After You

welcomed its customers at J Avenue Thonglor with registered capital THB 5 mm

Opened Central World

branch

Central World branch

was closed due to the country crisis

Opened Paragon

and Crystal Park branches

Opened Central Ladprao,

Int-Intersec and Silom Complex branches

Group Restructuring
Started Catering Service
Re-opened

Central World branch

Group

Restructuring

Opened The Mall

Bangkapi and SQ1 branches

Launched Open new

brand, Crumb at Central Embassy

Increased registered

capital to THB 50 mm

Opened Crystal Ratchapruk,

maharaj, Mega Bangna, The Mall Bangkae and Future Park Rangsit branches

Closed Crumb
Registered new subsidiary, Aurum

and Aurum Co., Ltd

Increased registered capital to

THB 54 mm

Started operation of new factory at Samutsakorn province
Launched new brand, Maygori at The Common and SQ1
Opened Terminal 21 and Seacon Square branches
Converted to PCL
Increased registered capital to THB 80 mm for IPO
Started new headquarter construction process
IPO on 23 December 2016

2009 2010 2007 2011 2012 2013 2014 2015

Continuous Growth for the Past Decade

20 Branches 15 Branches 11 Branches 8 Branches 2 Branches 1 Branch 2 Branches 4 Branches 7 Branches 2016

Opened The Portal, Impact Muang Thong

Thani branches, Bangkok Hospital and Esplanade Ratchadapisek

Close Maygori at The Common
Launched After You Durian at Siam Paragon
Our factory passed and received the certificate
f Good Manufacturing Practice (GMP) and

Hazard Analysis and Critical Control Points (HACCP) in June 2017

Q2-2017

SLIDE 24

Sinsakorn Plant

C A P A C I T Y : U P T O 4 5 - 5 0 B R A N C H E S A N D O E M A R E A : 5 , 0 0 0 S Q M . L O C A T I O N : 30/106 Moo 1 Koh Kham, Muang Samutsakorn, Samutsakorn, 74000 Thailand

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New Head Office, Training Center and Distribution Center

A R E A : 2 , 4 0 0 S Q M . L O C A T I O N : 1319/9 Phatthanakan Road, Suan Luang, BKK 10250, Thailand F O R E X P A N D I N G B U S I N E S S : Training operation staffs for new branches, up to 2-3 branches per month

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Catering

The Royal Thai Embassy in Singapore and Sansiri Pcl. inaugurate ‘The Finest Thai’, a first-class lifestyle festival with ‘Thai Premium’ concept that promotes lifestyle leadership on the world stage. Top Thai brands and shops joined This event on this 8th-10th Sep.

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THE P O RTA L I MP A CT MUA NG THO NG THA NI

19th Branch – 9 March 17

1Q – 2Q 2017

Branches Opened

3Q 2017 THE P O RTA L I MP A CT MUA NG THO NG THA NI

19th Branch – 9 March 17

A FTE R YO U DURI A N: S I A M P A RA G O N

1st DURIAN – 5 May 17

E S P L A NA DE RA TCHA DA - PIS EK

21st Branch – 28 June 17

MB K 7 S E P

22 th -MBK 7 Sep

THE P RO ME NA DE

Late Sep

CE NTRA L B A NG NA

Late Sep