Q3 2018 and 9M 2018 Opportunity Day 30 th November 2018 - - PowerPoint PPT Presentation

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

Q3 2018 and 9M 2018 Opportunity Day

30th November 2018

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

• bjectives. 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that could cause actual results, performance or events to differ materially from those in the statements as originally made.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

• f 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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▪ Overall performance ▪ Financial performance and operational update by supply

chain

▪ Highlights

Confidential

Q3 2018 and 9M 2018 Highlights

4

Financial performance

• Continued topline growth in all supply chains;
• Strong SSSG recovery and new store openings driving MSC sales growth;
• Solid Other income growth driven by steady rental performance and continued

brochure advertising and service income growth;

• Internal restructuring completed during the quarter led to low effective tax rate

which helped to offset margin pressure at PSC and MSC level;

• Leading to a strong net income growth for the quarter.

Operations

• Packaging Supply Chain: SB5 furnace commercialized in September 2018;

Reopened two of the closed lines at our Malaysian plant in mid-September 2018 and remaining one in early-November 2018.

• Consumer Supply Chain: Successful product launches continued.
• Modern Retail Supply Chain: Cross Dock distribution center operation moved

in-house in late-September 2018; Store expansion continuing on schedule.

HIGHLIGHTS

Confidential

Agenda

5

▪ Highlights ▪ Overall performance ▪ Financial performance and operational update by supply

chain

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Q3 and 9M 2018 - Overall Performance

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OVERALL PERFORMANCE

Sales Net Profit 37,067 38,823

Q3 2017 Q3 2018

109,851 114,916

9M 2017 9M 2018

▲4.6% 1,387 1,683

Q3 2017 Q3 2018

3,348 4,524 3,348 4,333

9M 2017 9M 2018

Net profit Normalized net profit ▲35.2% ▲29.4% ▲4.7%

(THB mm) (THB mm)

Continued solid financial performance in Q3 2018 and 9M 2018.

Note: One-time items after tax: Gain on disposal of investment in subsidiary THB 191 MN in Q1 2018.

▲21.4%

Confidential

37,067 37,067 37,247 37,275 37,317 38,823 38,823 180 28 42 1,850 (344)

Q3 2018 vs. Q3 2017 – Supply Chain Performance

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Note: (1) PSC - Packaging Supply Chain (2) CSC - Consumer Supply Chain (3) H&TSC- Health Care and Technical Supply Chain (4) MSC- Modern Retail Supply Chain

• Q3 2018 sales of THB 38,823 million, an increase of

THB 1,756 million or 4.7% YoY.

• PSC’s sales improved by THB 180 MN, driven by glass

packaging business particularly due to strong sales from spirit, soda water, and export segments.

• CSC’s sales increased by THB 28 MN. The increase was driven

by Food and Non-Food businesses.

• H&TSC’s sales increased by THB 42 MN driven by medical

equipment, specialty materials, graphic systems, and engineering division.

• MSC‘s sales increased by THB 1,850 MN driven by new store
• penings, together with solid same-store-sales growth of +2.5%

YoY. Sales performance across supply chain

PSC1 CSC2 H&TSC3 Others MSC4

Q3 2017 Q3 2018 1,387 1,257 1,257 1,318 1,349 1,558 1,683 (130) 61 31 209 125

(THB mm)

Normalized net profit performance across supply chain

PSC1 CSC2 H&TSC3 Others MSC4

Q3 2017 Q3 2018

• Q3 2018 net profit of THB 1,683 million, an increase of

THB 296 million or 21.4% YoY.

• PSC’s net profit decreased by THB 130 MN, mainly due to lower

aluminum can volumes impacting gross profit margin, and impact from incidents at our Malaysian glass operations during the second quarter of the year causing damage to production line equipment at two furnaces.

• CSC’s net profit increased THB 61 MN. Net profit increase was

driven by higher sales, good margin performance in Food business, and lower SG&A-to-sales ratio in Non-Food business.

• H&TSC’s net profit increased THB 31 MN, driven higher sales and

strong margin performance.

• MSC’s net profit increased by THB 209 MN, driven by increased

total revenue growth and lower effective tax rate for the quarter.

(THB mm)

OVERALL PERFORMANCE

Confidential

109,851 109,851 110,973 111,513 111,767 114,916 114,916 1,122 540 254 4,229 (1,080)

9M 2018 vs. 9M 2017 – Supply Chain Performance (Recurring)

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Note: (1) PSC - Packaging Supply Chain (2) CSC - Consumer Supply Chain (3) H&TSC- Health Care and Technical Supply Chain (4) MSC- Modern Retail Supply Chain One-time items after tax: Gain on disposal of investment in subsidiary THB 191 MN in Q1 2018

• 9M 2018 sales of THB 114,916 million, an increase of

THB 5,065 million or 4.6% YoY.

• PSC’s sales increased by THB 1,122 MN due to strong sales in

both divisions.

• CSC’s sales increased by THB 540 MN. This increase was

mainly driven by strong sales performance in Food, and Non-Food segments.

• H&TSC’s sales increased by THB 254 MN due to higher sales

from both H&TSC businesses.

• MSC‘s sales increased by THB 4,229 MN driven by new store
• penings, and positive SSSG of +0.7% for 9M 2018.

(THB mm)

Sales performance across supply chain

PSC1 CSC2 H&TSC3 Others MSC4

9M 2017 9M 2018 3,348 3,249 3,249 3,544 3,602 4,108 4,333 (99) 295 58 506 225

(THB mm)

Normalized net profit performance across supply chain

PSC1 CSC2 H&TSC3 Others MSC4

9M 2017 9M 2018

• 9M 2018 normalized net profit of THB 4,333 million, an

increase of THB 985 million or 29.4% YoY.

• PSC’s net profit decreased by THB 99 MN. The decline was

mainly driven by the weak market sentiment and incidents causing damage to production lines at our Malaysian glass business.

• CSC’s net profit increased THB 295 MN, driven by higher sales,

lower raw material costs of crude palm oil and crude coconut oil, and lower SG&A-to-sales ratio.

• H&TSC’s net profit increased THB 58 MN due to higher sales

from both H&TSC businesses as well as effective cost control in Healthcare Supply Chain.

• MSC’s net profit increased THB 225 MN due to increased

revenues and lower effective tax rate.

OVERALL PERFORMANCE

Confidential

9M 2018 and FY 2017 – Performance Breakdown

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Note: (1) PSC - Packaging Supply Chain (2) CSC - Consumer Supply Chain (3) H&TSC- Health Care and Technical Supply Chain (4) MSC- Modern Retail Supply Chain

PSC 13% CSC 11% H & TSC 6% MSC 70% PSC 13% CSC 11% H&TSC 5% MSC 71%

9M 2018 Performance breakdown Sales Breakdown Sales Breakdown EBITDA Breakdown EBITDA Breakdown FY 2017 Performance breakdown

PSC 24% CSC 7% H&TSC 5% MSC 64% PSC 23% CSC 9% H&TSC 5% MSC 63%

OVERALL PERFORMANCE

Confidential

Agenda

10

▪ Highlights ▪ Overall performance ▪ Financial performance and operational update by supply

chain

Confidential

Packaging Supply Chain (PSC) Performance

11

• Q3 2018 sales reached THB 5,040 mn, up +3.7% YoY,

due to strong sales in glass packaging business particularly from spirit, soda water, and export segments.

• Gross profit margin decreased by -163 bps YoY, to

20.8% for the quarter. Decrease was mainly driven by lower aluminum can volumes and cost pressures from increasing prices of natural gas, soda ash, and sand.

• EBIT reached THB 722 mn, down -11.3% YoY, and our

EBIT margin decreased by -243 bps YoY, to 14.3% for the quarter, due to higher logistics expenses due to increased export sales.

• Our net profit reached THB 441 mn, decrease -22.8%

YoY, and our net profit margin decreased by -300 bps YoY, to 8.7% for the quarter. This decrease was due to

• ur Malaysian operations which were still impacted by

the continued weak market sentiment, and incidents during second quarter of the year causing damage to production line equipment.

• 9M 2018 sales increased by +7.9% YoY, and our gross

profit margin increased by +50 bps, driven by glass packaging businesses.

• EBIT increased by +9.3% YoY, and our EBIT margin

increased by +20 bps due to improvements in glass packaging business.

• Our net profit decreased by -6.6% YoY, and our net profit

margin decreased by -144 bps due to our Malaysian glass business where we were impacted by continued weak market sentiment, and incidents during second quarter causing damage to production line equipment. 4,860 5,040 14,120 15,242 22.4% 20.8% 21.8% 22.3% Q3 2017 Q3 2018 9M 2017 9M 2018

Sales GP Margin (THB mm)

Sales and Gross Profit Margin

▲ Sales 7.9% ▲GP% 50 bps ▲ Sales 3.7% ▼ GP% 163 bps

Q3 2018 Highlights 9M 2018 Highlights

814 722 2,205 2,411 16.8% 14.3% 15.6% 15.8% Q3 2017 Q3 2018 9M 2017 9M 2018

EBIT EBIT Margin (THB mm)

EBIT and EBIT Margin

EBIT 9.3% ▲ EBIT% 20 bps ▼ EBIT 11.3% ▼ EBIT% 243 bps

571 441 1,515 1,416 11.7% 8.7% 10.7% 9.3% Q3 2017 Q3 2018 9M 2017 9M 2018

NPAT NPAT Margin (THB mm)

Net Profit and Net Profit Margin

▼ NP 6.6% ▼ NP% 144 bps ▼ NP 22.8% ▼ NP% 300 bps

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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Packaging Supply Chain (PSC) – Operational Update

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Glass Packaging

• SB5 was commercialized on 13rd September 2018, and reached full operational

level on 1st November 2018. ̶ The current utilization rate is 100%. ̶ BJC’s total glass manufacturing capacity in Thailand is currently 3,155 tons per day. ̶ BP1, an old 280 tons per day furnace, was closed down to wait for a major repair when we commercialized SB5. FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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Consumer Supply Chain (CSC) Performance

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• Q3 2018 sales reached THB 4,342 mn, up +0.6%

YoY, driven by Food and Non-Food businesses.

• Our gross profit margin increased by +153 bps

YoY, to 20.3% for the quarter. This increase was mainly driven by lower raw material costs of potatoes, crude palm oil and crude coconut oil.

• Our EBIT reached THB 313 mn, up +38.1% YoY,

and our EBIT margin increased by +195 bps YoY, to 7.2% for the quarter, driven by lower SG&A-to- sales in Non-Food business.

• Our net profit reached THB 219 mm, up +38.1%

YoY, and our net profit margin increased by +137 bps YoY, to 5.0% for the quarter, due to abovementioned reasons.

• 9M 2018 sales increased by +4.3% YoY, and our

gross profit margin increased by +187 bps, driven by higher sales and decreases in some raw material costs such as crude palm oil and crude coconut oil.

• Our EBIT increased by +64.0% YoY, and our EBIT

margin increased by +274 bps YoY, to 7.5% for the 9M 2018.

• Our net profit increased by +71.5% YoY, and our

net profit margin increased by +211 bps YoY, to 5.4% due to abovementioned reasons.

4,314 4,342 12,577 13,117 18.8% 20.3% 18.7% 20.6% Q3 2017 Q3 2018 9M 2017 9M 2018

Sales GP Margin (THB mm)

Sales and Gross Profit Margin

▲ Sales 4.3% ▲GP% 187 bps ▲ Sales 0.6% ▲ GP% 153 bps

Q3 2018 Highlights 9M 2018 Highlights

227 313 601 986 5.3% 7.2% 4.8% 7.5% Q3 2017 Q3 2018 9M 2017 9M 2018

EBIT EBIT Margin (THB mm)

EBIT and EBIT Margin

▲ EBIT 64.0% ▲ EBIT% 274 bps ▲ EBIT 38.1% ▲ EBIT% 195 bps

158 219 412 707 3.7% 5.0% 3.3% 5.4% Q3 2017 Q3 2018 9M 2017 9M 2018

Net Profit (THB mm)

Net Profit and Net Profit Margin

▲ NP 71.5% ▲ NP% 211 bps ▲ NP 38.1% ▲ NP% 137 bps

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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Consumer Supply Chain (CSC) – Operational Update

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Food

• Tasto Potato Chips: Continued strong performance

driven by increased brand penetration, supported by new Tasto Emperor Chili and BBQ Spicy, gaining market share to 10% in YTD’Sep 2018.

• Party Extruded: Continued strong momentum under

brand proposition of “Sweet complete everything” by rerunning the thematic TV and promotion support in Jul – Aug 2018.

• Dozo rice cracker: Maintaining dominant market leader

position with 83% market share in YTD’Sep 2018.

• Kato: Launched new product “New Zealand Apple” with

healthier proposition with low sugar formula and certified “Healthier Choice” logo.

• Party

Dairy: Launched Party Dairy Milky Milk Pasteurized milk as exclusive product for Big C with supporting activities to increase awareness and trial. FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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Consumer Supply Chain (CSC) – Operational Update

• Parrot:

– Launched Parrot Beauty Plus Bar Soap with 2in1 benefit

proposition, “Beautify the skin & 99.9% Anti-bacteria in one bar”,

with new brand ambassador Khun “Mew”. – Parrot brand has highest growth in Beauty LQ in YTD Sep’18 at +22% vs. Market growth of +2%.

• Cellox:

– Re-launched Cellox cartoon character range with LINE Friend

collection, to create excitement in the market to increase user base

and boost up offtakes.

• Other highlights:
• Cellox won Gold award from Adman Awards & Symposium

2018 in film category from online video “Gone Girl”.

NFD

15

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

Confidential

Healthcare & Technical Supply Chain (H&TSC) Performance

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• Q3 2018 sales reached THB 2,022 mn, up +2.1%

YoY, due to higher sales from medical equipment, specialty materials, graphic systems, and engineering division.

• Gross profit margin increased by +183 bps YoY, to

32.1% for the quarter mainly due to improvements in both Healthcare and Technical businesses.

• EBIT reached THB 247 mn, up +24.4% YoY, and
• ur EBIT margin increased by +219 bps YoY, to

12.2% for the quarter mainly due to better cost control in Healthcare Supply Chain.

• Our net profit reached THB 194 mn, increase of

+18.7% YoY, and our net profit margin increased by +134 bps YoY, to 9.6% for the quarter due to abovementioned reasons.

• 9M 2018 sales increased by +4.6% YoY, and our

gross profit margin increased by +38 bps.

• Our EBIT increased by +16.3% YoY, and our EBIT

margin increased by +115 bps driven by higher sales, increased gross profit margin, and lower SG&A-to-sales ratio in Healthcare business.

• Our net profit increased by +12.3% YoY, and our

net profit margin increased by +63 bps, to 9.0% due to abovementioned reasons.

1,980 2,022 5,565 5,819 30.3% 32.1% 31.4% 31.8% Q3 2017 Q3 2018 9M 2017 9M 2018

Sales GP Margin (THB mm)

Sales and Gross Profit Margin

▲ Sales 4.6% ▲ GP% 38 bps ▲ Sales 2.1% ▲ GP% 183 bps

Q3 2018 Highlights

199 247 571 664 10.0% 12.2% 10.3% 11.4% Q3 2017 Q3 2018 9M 2017 9M 2018

EBIT EBIT Margin (THB mm)

EBIT and EBIT Margin

▲ EBIT 16.3% ▲ EBIT% 115 bps ▲ EBIT 24.4% ▲ EBIT% 219 bps

164 194 467 525 8.3% 9.6% 8.4% 9.0% Q3 2017 Q3 2018 9M 2017 9M 2018

NP NP margin (THB mm)

Net Profit and Net Profit Margin

▲ NP 12.3% ▲ NP% 63 bps ▲ NP 18.7% ▲ NP% 134 bps

9M 2018 Highlights

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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Modern Retail Supply Chain (MSC) Performance

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• Q3 2018 sales reached THB 27,655 mm,

increase of +7.2% YoY, driven by new store

• penings and solid SSSG of +2.5%.
• Gross profit margin decreased by -90 bps YoY,

reaching 16.8%, due to high base, sales mix changes from increased B2B sales, and continued price investment activities during the quarter.

• EBIT reached THB 2,045 mm, a slight decrease of
• 1.2% YoY, and our EBIT margin decreased by -63

bps YoY, to 7.4%, due to lower gross profit margin.

• Our net profit reached THB 1,784 mm, up +13.2%

YoY, and our net profit margin increased by +35 bps YoY, reaching 6.4% for the quarter, due to abovementioned reasons, and lower effective tax rate.

• 9M 2018 sales increased by 5.5% YoY, driven by

new store openings, whilst our gross profit margin decreased by -26 bps YoY due to abovementioned reasons in Q3 2018.

• Our EBIT increased by +2.7% YoY, whilst our EBIT

margin decreased by -19 bps, reaching to 7.0% in 9M 2018.

• Our net profit increased by +12.1% YoY, and net

profit margin increased by +34 bps.

25,805 27,655 77,086 81,315 17.7% 16.8% 16.5% 16.2% Q3 2017 Q3 2018 9M 2017 9M 2018

Sales GP Margin (THB mm)

Sales and Gross Profit Margin

▲ Sales 5.5% ▼ GP% 26 bps ▲ Sales 7.2% ▼ GP% 90 bps

Q3 2018 Highlights

2,070 2,045 5,580 5,732 8.0% 7.4% 7.2% 7.0% Q3 2017 Q3 2018 9M 2017 9M 2018

EBIT EBIT Margin (THB mm)

EBIT and EBIT Margin

▲ EBIT 2.7% ▼ EBIT% 19 bps ▼ EBIT 1.2% ▼ EBIT% 63 bps

1,575 1,784 4,187 4,693 6.1% 6.4% 5.4% 5.8% Q3 2017 Q3 2018 9M 2017 9M 2018

NP NP margin (THB mm)

Net Profit and Net Profit Margin

▲ NP 12.1% ▲ NP% 34 bps ▲ NP 13.2% ▲ NP% 35 bps

9M 2018 Highlights

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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MSC – SSSG and Margin trend

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Big C’s total sale like-for-like performance, recurring gross profit margin, 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% 3.8% 0.3%

• 0.5%

2.5% 13.2% 14.4% 17.8% 14.1% 16.1% 15.6% 17.7% 17.3% 15.9% 16.1% 16.8%

• 50.0%
• 40.0%
• 30.0%
• 20.0%
• 10.0%

0.0% 10.0% 20.0%

• 29.0%
• 19.0%
• 9.0%

1.0% 11.0% 21.0% 31.0% Q1 2016 Q2 2016 Q3 2016 Q4 2016¹ Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018

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

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

Solid SSSG recovery during the quarter, and whilst gross profit margin expanded when compared QoQ, YoY comparison was impacted by high base, sales mix changes from increased B2B sales, and continued price investment.

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MSC – Expansion update

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Retail and Rental Area Q3 2018¹

Total space:

• c. 1,161,000 sq.m.

Total space: c.924,000 sq.m.

2018

• Hypermarket: 8 stores
• Market: 1 store (Big C Food Place)
• Mini Big C: c.150 stores

2019

• Hypermarket: 7+1 (Thailand + International)
• Market: 1 store (Big C Food Place)
• Mini Big C: c.300 stores

Expansion Targets

Q3 2018 Progress

• Strong rental income growth continued

during the quarter, and occupancy rate remained high c.96%

• Opened 2 hypermarket, and 36 Mini Big C
• Completed

1 extension renovation at Sa Kaew (4,225 sq.m. additional rental space), 1 Right-sizing at Petch Kasem (2,254 sq.m. additional rental space), and 1 full-renovation at Paiboon Mangsaharn during Q3 2018.

1 Including Hypermarket, Big C Market, Mini Big C (excluding Franchise stores), and Pure Drugstores

2,690 2,833

Q3 2017 Q3 2018

Rental Income

(THB Million)

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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Modern Retail Supply Chain (MSC) – Operational Update

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

• Solar rooftop opening ceremony on 3rd Septermber 2018

̶ Three locations: Big C Phatumtani, Big C Aomyai, and Ladkrapang Fresh Food distribution center at Ladkrabang have had solar rooftops installed and have started operating the system.

Confidential

MSC – Supply Chain Update

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

• New Cross Dock Distribution Center
• Thanyaburi

1 cross dock facility

• pened
• n

25th of September 2018 (We exited Bangna cross dock on 30th of September 2018).

• Successfully executed smooth switch without

major issues. Immediate benefits logistically and operationally.

• Currently operating at c.85% of maximum

capacity.

• In process of reviewing SKUs to reflow

cross dock/stocking SKUs to improve service level to stores (speed to stores, lower operational inventories, etc.).

• New

Thanyaburi 1 distribution center increases our DC productivity and saves costs:

• Transport expense savings due to

DC location.

• Rental and management fee

savings.

• Load consolidation and shared

resources with Thanyaburi 2 Mini Big C DC.

21

Confidential

Community focus update

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• Education support

– The Foundation donated money to Thammik Wittaya School to promote visual impaired students’ education. – Big C Stores cooperated with government units within their areas to organize activities to promote education and enhance relations. – The Company organized the 2018 Workshop for primary school teachers under the Kru Thai Khong Paen Din Project to share teaching techniques, develop and strengthen teacher’s potential.

• Social support

– The Foundation donated money to support Friend in Need (of “PA”) Volunteers Foundation. – The Company donated survival bags and provided mobile toilets to help flood victims in Laos. – Big C Stores cooperated with government units within their areas to organize activities, such as supplying consumer products in order to help communities in need and enhance relations.

• Buddhism/Cultural support

– The Foundation donated money to Wat Ratbopit Temple, Bangkok, for Royal Kathin Ceremony. – The Company organized a merit-making ceremony on the auspicious occasion

• f the 66th Birthday Anniversary of His Majesty King Maha Vajiralongkorn.

– The Company donated money to Wat Molilokkayaram Rajaworawihan Temple, Bangkok, for lunch preparation for novices who came to study Dhamma in the temple. – The Company donated money and products for Buddhism and cultural events in order to enhance relations within communities and government units.

FINANCIAL PERFORMANCE AND OPERATIONAL UPDATE BY SUPPLY CHAIN

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Conclusion

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Reopened two of the closed lines at our Malaysian glass plant in mid- September, and last line in early-November. 9M 2018 effective tax rate returned to normal level. Ramping-up Big C store expansion in 2019 (including opening first Big C outside Thailand). Strong SSSG recovery during the quarter bringing 9M 2018 SSSG back to positive level.

Confidential

Q&A

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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: http://investor.bjc.co.th/home.html

• 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