Q2|2018 PERFORMANCE RESULTS PRESENTATION FOR INVESTOR & ANALYST - PowerPoint PPT Presentation

Q2|2018 PERFORMANCE RESULTS PRESENTATION FOR INVESTOR & ANALYST

DISCLAIMER The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in Siamgas and Petrochemicals Public Company Limited (“SGP” and shares in SGP, “shares”) in any jurisdiction or should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. This presentation may include information which is forward-looking in nature. Forward- looking information involve known and unknown risks, uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the markets in which SGP operates and general achievement of SGP business forecasts, which will cause the actual results, performance or achievements of SGP to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation. This presentation has been prepared by the SGP. The information in this presentation has not been independently verified. No presentation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of the SGP or any of its agents or advisers, or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of the presentation or its contents or otherwise arising in connection with this presentation. This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied upon directly or indirectly for any investment decision-making or for any other purposes. This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or in part, be reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws. 2

AGENDA • Business Overview • Thailand Business • Oversea Business • Financial Results • Business Outlook • Q & A 3

SHAREHOLDING STRUCTURE 61.3% MANAGEMENT Fund Thai NVDR 14.3% 6.5% Retail 17.9% 38.7% PUBLIC Latest book closing : On 31 AUG 2018 4

MILESTONES Business acquisition Invest in Vietnam | Supergas Business acquisition 10 MW. Power Plant Founded Founded Singapore | Singgas Vietnam | Citygas N. and transmission line the company Marine & land logistic China | Sinosiam Malaysia | Mygaz in Myanmar 2 1 2 2 2 0 9 0 0 0 1 7 0 1 1 8 6 5 0 3 SUSTAINABLE GROWTH 2 2 2 2 0 0 0 0 0 0 1 1 4 8 1 6 Business acquisition Listed in Setup | Trading business Invest in Uniquegas in Singapore 230 MW.Power Plant Setup | Cylinder Business acquisition In Myanmar Manufacture China | Sogel Acquire | Ethanol Business 5

Business operation THAILAND OVERSEA 1. LIQUEFIED PETROLEUM GAS (LPG) 1. LIQUEFIED PETROLEUM GAS (LPG) 2. ROAD TRANSPORTATION - SINGAPORE 3. MARINE TRANSPORTATION - CHINA 4. CYLINDER MANUFACTURING - MALAYSIA 5. ETHANOL MANUFACTURING AND TRADING - VIETNAM 6. OIL RETAIL BUSINESS 2. COMBINE CYCLE POWER PLANT – MYANMAR 7. CONTAINER TERMINAL SERVICE BUSINESS 3. DIESEL POWER PLANT – MYANMAR 6

BUSINESS UPDATE Thailand The Company is expanding petrol with LPG station. Set up Siamgas LNG and plan to build LNG terminal. Overseas The Company is constructing terminal and filling plants in Myanmar. The Company is constructing filling plant in Penang Malaysia. The Company is reconditioning terminal in North port Malaysia. The Company is planning to invest in other high growth potential countries in Asia. 7

SGP’s PRESENCE LPG business OTHER business SHANTOU, SOUTH CHINA | SOGEL HAIPHONG | CITYGAS NORTH ZHUHAI, SOUTH CHINA | SINOSIAMGAS MYANMAR, MAWLAMYING | MLIPP POWERPLANT 230 MW. MYANMAR, ANIN | SMD POWERPLANT & TRANSMISSION LINE 10 MW. HO CHI MINH | SUPERGAS THAILAND | SIAMGAS & UNIQUEGAS EAST MALAYSIA | MYGAZ MALAYSIA | MYGAZ SINGAPORE, RETAIL BUSINESS | SINGGAS SINGAPORE,TRADING BUSINESS | SGT 8

AGENDA • Business Overview • Thailand Business • Oversea Business • Financial Results • Business Outlook • Q & A 9

THAILAND BUSINESS MODEL SGP COMMERCIAL FILLING USERS PLANTS GAS SEPARATION COOKING LPG REFINERIES RETAILERS PLANTS AGENT & HOUSEHOLD FILLING USERS PLANTS SGP INDUST. TERMINALS INDUSTRIAL USERS & DEPOTS LPG IMPORT SGP AUTO-LPG AUTOMOTIVE SGP STATIONS MOTORISTS AGENT AUTO-LPG STATIONS 10

SGP’s NETWORK IN THAILAND 25 8 500 vessels terminals roadtankers 5.Lampang 6.Khonkaen 4.Nakornsawan 1.Bangkok Floating Storage 2.Samutprakan 3.Chachoengsao 7.Suratthani FILLING PLANT & AUTOGAS STATION 8.Songkhla Company Filling Plants x 40 Agent Filling Plants x 151 Company Autogas Stations x 45 Agent Autogas Stations x 497 11

THAILAND LPG MARKET LPG Sales Volume (‘ 000 tons) | ALL SECTORS YoY: Total -2.2% | SGP -2.5% 4,409 4,177 4,108 -5.3% -1.6% QoQ: Total -3.5% | SGP -4.8% 3,370 3,171 3,107 2,004 -3.3% -0.4% 1,020 1,006 984 1,511 767 759 744 1,039 1,005 1,001 493 247 253 241 2015 2016 2017 6M|2018 2Q'17 1Q'18 2Q'18 SGP Group Others Total - 6M|2018 LPG market size 2.01 million TON SGP Cooking 1.07 million TON (53.6%) GROUP 24.6% MARKET SHARE Automotive 0.60 million TON (29.8%) 1. PTT 40.8 % MKT SHARE 2 Industrial 0.33 million TON (16.6%) 6M|2018 2. SGP 24.6 % 3. WP 18.3 % - Average growth ( ’ 13- ’ 17) -2.7% OTHERS 4. OTHER 16.3 % 75.4% 12

COOKING MARKET LPG Sales Volume (‘ 000 tons) | COOKING SECTORS COOKING PORTION 2,151 2,110 2,094 +1.9% YoY: Total +1.5% | SGP -4.0% +0.8% QoQ: Total -3.7% | SGP -5.6% 1,534 1,491 1,484 1,074 6 1% 547 527 519 776 +1.4% -0.4% 394 368 382 610 619 616 298 151 153 144 2015 2016 2017 6M|2018 2Q'17 1Q'18 2Q'18 SGP Group Others Total Cooking SGP GROUP 27.7% MARKET SHARE 1. PTT 49.4 % MKT SHARE 2 6M|2018 2. SGP 27.7 % 3. WP 20.0 % OTHERS 4. OTHER 2.9 % 72.3% 13

AUTOMOTIVE MARKET LPG Sales Volume (‘ 000 tons) | AUTOMOTIVE SECTORS 1,731 AUTOMOTIVE PORTION 1,466 YoY: Total -12.2% | SGP -4.9% 1,319 -15.3% -10.0% QoQ: Total -3.0% | SGP -3.5% 1,439 1,221 24% 1,089 597 335 303 294 -16.3% 481 -5.9% 275 244 237 292 245 230 116 60 59 57 2015 2016 2017 6M|2018 2Q'17 1Q'18 2Q'18 SGP Group Others Total Automotive SGP GROUP 19.4% MARKET SHARE 1. SGP 19.4 % MKT SHARE 1 6M|2018 2. WP 19.3 % 3. PTT 17.7 % OTHER 4. OTHER* 43.6 % S 80.6% * 10 company 14

INDUSTRY MARKET LPG Sales Volume (‘ 000 tons) | INDUSTRY SECTORS 638 600 INDUSTRY PORTION 584 +6.3% YoY: Total +7.4% | SGP +8.0% +2.8% QoQ: Total -3.6% | SGP -3.5% 16% 483 333 459 448 +9.3% 170 164 253 152 +3.7% 129 124 116 155 142 137 80 41 39 36 2015 2016 2017 6M|2018 2Q'17 1Q'18 2Q'18 SGP Group Others Total Industrial SGP GROUP 24.0% MARKET SHARE 1. PTT 54.4 % MKT SHARE 2 6M|2018 2. SGP 24.0 % 3. WP 11.2 % OTHERS 4. OTHER 10.4 % 76.0% 15

LPG market (Volume sale by SGP) LPG Sales Volume (‘ 000 tons) | By SECTORS Cooking Automobile Industrial |----------- 1,039 ------------| |----------- 1,005 ------------| |----------- 1,001 ------------| |------------- 493 ------------| 265 260 260 256 256 254 254 253 253 251 249 247 241 241 35 35 34 35 37 34 37 39 39 41 36 41 33 39 75 70 72 64 58 57 60 75 57 59 60 57 62 57 161 159 157 157 156 155 153 155 153 151 152 145 145 144 - - - - - - - - 1Q'15 2Q'15 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 4Q'18 Industrial Industrial Industrial Industrial 14% 13% 15% 16% Automobile Automobile Automobile Automobile 24% 23% 24% 28% 62% 59% 62% 60% Cooking Cooking Cooking Cooking 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 16

AGENDA • Business Overview • Thailand Business • Oversea Business • Financial Results • Business Outlook • Q & A 17

REGIONAL LPG WHOLESALE MODEL 18

HUGE STORAGE IN CHINA 19

COMBINED LARGEST STORAGE IN CHINA Total : 300,000 Tons Zhuhai : 200,000 Tons Shantou : 100,000 Tons Storage Caverns 20

HISTORICAL CP PRICE MOVEMENT 8 8 5 9 4 4 7 2008 2009 2006 3 2007 -46.5 +385.0 -535.0 +387.5 6 6 7 7 6 6 2012 5 2013 2010 2011 5 +185.0 +182.5 +200.0 -130.0 6 6 6 2 2 4 2014 10 2015 6 6 2016 2017 -602.5 -92.5 -67.5 +180.0 21