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TKN OPPORTUNITY DAY Taokaenoi Food & Marketing Public Company Limited

PRESENTATION AGENDA Company Overview Financial Performance Business Outlook Q&A

TKN STOCK OVERVIEW Key Information : • Registered Capital 345 Mil Baht (1,380 Mil Share) • Issued & Paid Up Capital 345 Mil Baht (1,380 Mil Share) • SET Index SET 100 / MSCI Global Small Cap Index / FTSE SET Mid Cap Index / FTSE SET Shariah Index • CGR 2017 • Dividend Policy : 40% of Net Profit (Separate FS) Dividend B / Share Payment Date Yr 2018 : 76% of Net Profit (Separate FS) Sep 6, 18 6M / 2018 0.170 12M / 2017 0.170 May 4, 18 As of Nov13, 2018 6M / 2017 0.170 Sep 13, 17 Peeradechapan group 60.39 % • Major Shareholders 12M / 2016 May 12, 17 0.300 Free Float 39.61 % 6M / 2016 0.190 Sep 7, 16 • Market Cap 14,352 Mil B (@ 10.40 baht/share) 12M / 2015 0.105 Apr 29, 16 TAOKAENOI FOOD & MARKETING PLC. �4

A BRIEF COMPANY HISTORY 5.3 BILLION BAHT IN REVENUE Insert some short and brief lorem ipsum explanatory text about [tle here 2.7 BILLION BAHT IN REVENUE 2.1 BILLION BAHT IN REVENUE 1.0 BILLION BAHT IN REVENUE 2014 2015 2006 2007 2010 2011 2013 2016 2005 2009 2012 2004 2008 2017 THE PUBLIC CAPACITY COMPANY OVERSEAS TAOKAENOI BILLIONAIRE COMPANY EXPANSION STABLISHMENT DISTRIBUTOR LAND • Start operation on • Company • Appointed 1st • Opened premium • Movie based on • Listed in Stock Rojana factory established with distributor in snack shop for true story of the Exchange of Thailand (SET) • Acquire 'Taokaenoi paid-up capital 1 Singapore tourist channel company & founder Mil Baht “Mr.Itthipat USA Inc.' Peeradechapan” TAOKAENOI FOOD & MARKETING PLC. �5

OUR BOARD OF DIRECTOR Yuth Worachattarn Wanee Tassanamontien Chaiyong Rattanacharoensiri Somboon Prasitjutrakul Chairman / Independent Director / Independent Director / Director & Independent Director AC Chairman NRC Chairman Executive Committee Itthipat Peeradechapan Orrapat Peeradechapan Jirapong Suntipiromkul Porntera Rongkasiripan Director / Director / Director / Director / Chief Executive Officer Managing Director Chief Financial Officer Internal Audit Director TAOKAENOI FOOD & MARKETING PLC. �6

OUR MANAGEMENT Itthipat Peeradechapan Orrapat Peeradechapan Nutchatpong Peeradechapan Jirapong Suntipiromkul Natthaphark Saranyaphongkorn Chief Executive Officer / Managing Director : Managing Director : Chief Financial Officer Chief Operating Officer Founder International Trade & Management Business Support (CFO) (COO) TAOKAENOI FOOD & MARKETING PLC. �7

COMPANY VISION & MISSION VISION : The Company is committed to develop nutritious, tasty, and consumption-convenient products and promote 'Taokaenoi' brand toward worldwide recognition. MISSION : The Company is committed to promote and deliver I innovation in consumption of nutritious, tasty, and consumption-convenient food to millions of consumers worldwide. The Company is committed to continuously create II brand awareness among consumers in innovative products. The Company is committed in developing innovative III products and applying technologies into production processes. The Company is committed in treating its emplyees, IV business partners, and consumers as one of the family members . TAOKAENOI FOOD & MARKETING PLC. �8

PRESENTATION AGENDA Company Overview Financial Performance Business Outlook Q&A

FINANCIAL HIGHLIGHTS unit : Mil Baht 400 YR 2016 YR 2017 YR 2018 300 YTD Sep Sales +15% YOY 200 234 202 185 172 4,200 Mil Baht 161 160 152 154 142 135 100 129 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 • Q3/18 Sales 1,518 Mil Baht YTD Sep Net Profit -7% YOY +8% YOY, +13% QOQ 434 Mil Baht (10.3%) • YOY Sales Growth TH +15%, IM +10% • TH Market Share 70% • Q3/18 Net Profit 129 Mil Baht (8.5%) • Sales Portion TH 41% : IM 59% -20% YOY, -16% QOQ TAOKAENOI FOOD & MARKETING PLC. �10

SALES BY QUARTER unit : Mil Baht 2000 YR 2016 YR 2017 YR 2018 1,518 1,526 IM Growth YOY 1,405 1500 1,346 960 1,336 932 1,307 1,261 +8% YOY 859 1,212 760 814 848 +23% QOQ 1,120 1,121 755 716 1,018 625 665 1000 557 TH Growth YOY 586 587 500 566 546 522 +7% YOY 506 495 496 461 459 456 +0% QOQ 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Thailand Int Mkt TAOKAENOI FOOD & MARKETING PLC. �11

THAILAND SALES PERFORMANCE DOMESTIC SALES : 1,727 Mil B ( +15% YOY ) • Seaweed Snack • New Product Launch : Tempura Seaweed - Salted Egg Crispy Seaweed - Wasabi • Taokaenoi Land 17 branches (+6 from Dec17) • Chinese tourist partially drop since Q3/18 • Whey Protein • New Flavour : Strawberry Yogurt • New Presenter and Online marketing TAOKAENOI FOOD & MARKETING PLC. �12

SALES BY COUNTRY unit : % Int Mkt 20% Thailand 41% China 39% EXPORT SALES : 2,473 Mil B ( +10% YOY ) • Sales growth mainly from China, Indonesia, and Malaysia Thailand China Int Mkt • Office launch 'Nora' brand for USA market TAOKAENOI FOOD & MARKETING PLC. �13

CHINA SALES PERFORMANCE unit : Mil Baht 800 YR 2016 YR 2017 YR 2018 600 -1% YOY 627 598 589 565 +25% QOQ 536 510 400 472 449 429 371 344 200 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 CHINA SALES : 1,627 Mil B ( +10% YOY ) • 2 Distributors in Shanghai and Guangzhou • Overseas representative office in Shanghai • Online marketing and fan meet event in Shanghai TAOKAENOI FOOD & MARKETING PLC. �14

SALES BY PRODUCT unit : Mil Baht 2% 2,000 5% YR 2016 YR 2017 YR 2018 5% 1,500 704 677 527 617 1,000 645 548 522 475 418 474 371 500 Crispy SW 692 669 642 629 623 610 605 602 568 549 538 43% Grilled SW Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 45% Crispy Seaweed Grilled Seaweed Roasted Seaweed Tempura Seaweed Crispy SW Grilled SW Roasted SW Tempura SW Others TAOKAENOI FOOD & MARKETING PLC. �16

COST STRUCTURE Factory Capacity Utilization unit : % Grand Total 8,200 79% Overhead 7% - Nopawong 4,800 86% Labor Cost 18% - Rojana 3,400 67% Seaweed 43% Cost Structure Ratio Other Materials 9% Direct Material 75.6% Packaging - Seaweed 42.9% 22% - Packaging 23.3% - Other Materials 9.4% • Gross margin improvement mainly from seaweed price Labor Cost 18.3% drop -10% from last year Overhead 6.1% TAOKAENOI FOOD & MARKETING PLC. �17

PROFIT SUMMARY unit : Mil Baht 400 YR 2016 17.9% 17.9% YR 2017 YR 2018 0.2 16.5% 16.5% 16.0% 16.0% 15.8% 15.8% 15.2% 15.2% 0.16 300 11.4% 11.4% 11.4% 11.4% 11.4% 11.4% 11.2% 11.2% 0.12 9.3% 9.3% 234 8.5% 8.5% 200 202 185 0.08 171 161 160 154 152 142 135 129 100 0.04 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Net Profit % Net Profit Profit & Loss Q3/ 18 YTD Sep 18 Mil B % on Sales Mil B % on Sales Gross Margin 487.8 32.1 1298.4 30.9 Selling Expenses 246.3 16.2 610.3 14.5 Administrative Expenses 91.6 6.0 209.6 5.0 Net Profit 128.8 8.5 434.5 10.3 TAOKAENOI FOOD & MARKETING PLC. �18

BALANCE SHEET Separate Financial Statements Unit Sep 18 Dec 17 Change A/R - local collec[on period Days 91 85 6 A/R - export collec[on period Days 21 15 6 Finished goods holding period Days 12 7 5 Inventory holding period Days 114 61 53 A/P payment period Days 28 32 (4) DE Ra[o Times 0.99 0.48 0.51 TAOKAENOI FOOD & MARKETING PLC. �19

Q3 HIGHLIGHT Chiang Mai 5 branches - MAYA - Think Par - Tall Teak Nimman - Thaphae - Central Festival Bangkok 10 branches - Terminal 21 - Platinum (2) - Asiatique - Yaowarat - MBK (3) - Siam Square - Center Point Siam Pattaya 2 branches - Floating Market - Terminal 21 Pattaya TAOKAENOI FOOD & MARKETING PLC. �20

PRESENTATION AGENDA Company Overview Financial Performance Business Outlook Q&A

TKN BUSINESS OUTLOOK MEDIUM TERM PLAN : The Company is determined to become a 'Global Snack Company' with THB 10 billion in annual revenue and market coverage in more than 100 countries worldwide by 2024. COMPETITIVE ADVANTAGE : B rand Building Brand Story, Customer Focus Technology Machine, Packaging, Seasoning House Distribution Channel China, Indonesia, CLMV Supply Chain Raw Material TAOKAENOI FOOD & MARKETING PLC. �22

PRESENTATION AGENDA Company Overview Financial Performance Business Outlook Q&A

Q&A TAOKAENOI FOOD & MARKETING PLC. �24