Roadshow Presentation 29 November 2017
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 any securities of Do Day Dream Public Company Limited (the “Company”) in Thailand, the United States or any other jurisdiction. This presentation should not, nor should anything contained in it, form the basis of, or be relied upon in any connection with any contract or commitment whatsoever. This presentation is confidential and is intended only for the exclusive use of the recipients thereof and may not be reproduced (in whole or in part), retransmitted, summarized or distributed by them to any other persons without the Company’s prior written permission. This presentation may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements are based on certain assumptions and expectations of future events. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Although the Company believes that such forward- looking statements are based on reasonable assumptions, it can give no assurance that such expectations will be met. Representative examples of factors that could affect the accuracy of forward-looking statements include (without limitation) fluctuations in in regulations relating to the Company’s business, general economic, political and business conditions, global and regional health and security conditions, the Company’s ability to finance and complete new projects on schedule, liability for remedial actions under envi ronmental regulations and other factors beyond the Company’s control. You are cautioned not to place undue reliance on these forward -looking statements, which are based on current views of the Company’s management on future events. This presentation has been prepared by the Company. The information in this presentation has not been independently verified. No representation, 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 Company or any of its directors, officers, employees, agents or advisers, or any of their respective affiliates, advisers or representatives, undertake to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise and none of them shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. Although this document has been prepared based on the information contained in the updated draft Thai prospectus, which is currently under the consideration of the Securities and Exchange Commission of Thailand (the “Thai SEC”), it has not been and will not be registe red as a prospectus with the Thai SEC and accordingly, this document may not be distributed, either directly or indirectly, to the public. Further, this document and any materials distributed in connection with this document are not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. Any decision to purchase or subscribe for securities in the Company should be made solely on the basis of information contained in the prospectus to be published in respect of the offering and no reliance should be placed on any information other than that contained in the prospectus. CONFIDENTIAL │ PAGE 1
Presenters Dr.Sarawut Pornpatanarak Mr. Piyawat Ratchapolsitte Mr.Thiti Rattamany (Founder, Chief Executive Officer, (Chief Strategy and Insight Officer) (Chief Financial Officer, Director) Vice Chairman) CONFIDENTIAL │ PAGE 2
Table of contents Background and Business 1 Key Investment Highlights 2 Key Financial Performance 3 Offering Summary 4 CONFIDENTIAL │ PAGE 3
Our Journey Since 2010 Has Seen Us Become a Leading Skincare Company in Thailand Key Milestone • Launched 8 more products of NAMU LIFE SNAILWHITE 2017 • Investment from NHTPEC, a world-class private equity firm • Transformed into a Public Company and increased share capital for IPO • Founded Do Infinite Dream Co., Ltd to be IHQ for the Company’s international business • Launched 4 more products of NAMU LIFE SNAILWHITE and expanded into body cleansing 2016 • Started production in the new plant located in Rojana Industrial Park in October 2016 • Implemented SAP • Increased share capital from THB 10 mm to THB 225 mm for business expansion • Restructured shareholding of the Company to hold 100% of share in Namu Life Plus Co., Ltd • Founded Namu Life Plus Co., Ltd to be the Company’s marketing arms. 2015 • Launched 3 more products of NAMU LIFE SNAILWHITE and expanded into sunscreen and cleansing products • Invested in land with factory located in Rojana Industrial Park and started to renovate new plant • Started to produce small size products (Sachet) selling through leading convenience stores 2014 • Launched 3 more products of NAMU LIFE SNAILWHITE and expanded into body care product • Started to distribute Gift set which bundled several products of the Company for special occasions • Expanded into modern trade and export to China, Hong Kong, Myanmar and Cambodia • Increased share capital from THB 1 mm to THB 10 mm for business expansion 2013 • Founded NAMU LIFE Brand and launched the first product called “SNAILWHITE SECRETION FILTRATE MOISTURE FACIAL CREAM ” • Main distribution channel are online (Line, Facebook and Instagram) and traditional trade Founded Do Day Dream PLC. to focus on OEM Business of skin care products with 2010 - 2012 registered and paid-up capital THB 1 mm at par value of THB 100 each CONFIDENTIAL │ PAGE 4
Company Background, Vision and Business Goal Company Overview Do Day Dream PLC. is a fast growing skincare manufacturer and distributor in Bangkok, Thailand. Formed in 2010, Do Day Dream PLC. has reached THB 1.2 bn sales in 2016, within 5 years, or just 3 years after the launch of NAMU LIFE SNAILWHITE. Our customers include retail customers, local distributors and international distributors in several countries in Asia. Vision TO BE 1 OF TOP 3 MARKET LEADERS IN THE ASIAN BEAUTY INDUSTRY Mission WE CREATE HEALTHY SKIN FOR EVERYONE TO BE TRULY BEAUTIFUL IN THEIR OWN UNIQUE WAY Core Value DYNAMIC DIFFERENT DEVELOP Robust growth while always being adaptive Fresh and uniquely innovative Commitment to continuous improvement for sustainability and stability CONFIDENTIAL │ PAGE 5
Company Structure Parent and Subsidiary Co. Management Structure Incorporated in Do Day Nomination and Board of Audit Dream Remuneration Committee Director Committee 100% 100% Risk THAILAND Executive Management Do Infinite Namu Life Commitee Dream Committee Plus (IHQ) Distribution International Headquarter product of the Company Risk Internal Audit CEO Management Future Structure /1 100% 100% Deputy CEO Do Day Do Company (Excellence and Dream Singapore Secretary Sustainable Trading SINGAPORE Dream Development) Holding Trading company company to in international market invest overseas Finance, Corporate Operation Commercial Administration Strategy & Support Note: / 1 Future Structure expected to be established within 2017 CONFIDENTIAL │ PAGE 6
Shareholding Structure Pre IPO Post IPO Pornpatanarak Family /1 Pornpatanarak Family /1 93.16% 70.76% North Haven Thai Private Equity North Haven Thai Private Clarity Company (HK) Limited Equity Clarity Company 4.75% (HK) Limited 6.25% Management and employees /2 Management and employees /2 0.59% 0.44% IPO 24.05% Note: /1 Pornpatanarak Family comprise of 179,040,700 shares of Dr.Sarawut, 22,275,000 shares each of his 2 siblings, Mr. Saranon and Ms. Saranya /2 Management and employees includes 787,500 shares held by Mr.Rungroj Chaisirivikrom , 609,800 shares held by Ms.Punthida Meesutji and 12,000 shares held by Mr.Rittikrai Thammaraksa • On July 20, 2017, North Haven Thai Private Equity Clarity Company (HK) Limited, a private equity fund managed by Morgan Stanley, subscribed to 15,000,000 newly-issued shares of the Company at 29.87 Baht/share or equivalent to proceeds of THB 448.05 mm • Post-IPO, an additional 2.0 mm ESOP shares will be issued, of which 1.15 mm shares will be allocated to 5 key managements and the remaining to employees at a price determined by the independent appraiser at 28.42 Baht/share CONFIDENTIAL │ PAGE 7
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