The USAs Only All -Asia Broker Who We Are Decker is the ONLY Asian - - PowerPoint PPT Presentation

The USA’s Only All-Asia Broker

Who We Are

• Launched in 2013 at the request of 5 of the USA’s largest emerging

market investment funds

• Decker now has 94% of the USA’s key emerging market funds as

clients

• Experienced sales team in the USA & Asia provides 24 hours stock

coverage and support

• Asian network of leading country partners provides on-the-ground

access and insight to emerging markets investors

• We sell our partners’ brands regionally, unlike other firms that

repackage them as their own

Decker is the ONLY Asian emerging and frontier specialist broker in the United States.

Our Clients – United States

41% of emerging market investment managers are based in the United States

Seattle San Francisco Los Angeles Salt Lake City Denver Kansas City Minneapolis Chicago Vermont Boston New York Washington DC Miami

Our Clients - USA

Decker & Co. covers 94% of the emerging market funds based in the USA

41% of EM Funds in the USA

Our Clients - USA

New York / New Jersey

Akana Capital Management Alpine Funds Apis Capital Baron Funds Argonaut Capital Asian Century Quest AIG Global Investment Group Alliance Bernstein American Century Axiom Asset Management BlackRock Int’l (Merrill Lynch) Bienville Capital Clough Partners Caravel HNC management Crestwood Capital Management DuPont Capital Deutsche Asset Management Trust Company of the West Equinox Partners Federated Global Investor George Weiss Associates GLS Capital Management Seawolf Capital Harding Loevner Management Indus Capital Partners Royce & Associates John Locke Capital Joho Capital Kelusa Capital Kingdon Capital Management Tradewinds global Kingdon Capital Kylin Management Lazard Asset Management Tiger Asia Management TIAA-CREF Long Oar Global Investors LR Global Partners Victory McKinley Capital Third Avenue Management Soros Fund Management Millennium Capital Management Moon Capital Morgan Stanley Asset Mgmt Neon Liberty Capital Zesiger Capital The UN Joint Staff Pension Fund Smith Management New Vernon Capital Neuberger Berman Seawolf Capital Owl Creek Perella Weinberg Partners Pinz Capital Management Platinum Asset Management Prince Street Capital Managemetn Lord Abbett Evermore

San Diego

Allianz Global Brandes Asset Khrone Capital Soledad Investment UBS Global Asset EAM

Chicago

Columbia Wanger AM Driehaus Capital Mgmt Harris Associates Oberweis Asset Mgmt UBS Global AM William Blair Capital Mgmt Kabouter Management Thomas White Perkins Advisory Research Lizard Investors Frontaura Capital

Kansas City

Scout Advisors Waddell & Reed Buffalo

Delaware / Pennsylvania

DuPont Capital Marvin & Palme Stanley Laman

Salt Lake City

Wasatch Advisors Grandeur Peak Ensign Peak Advisors

Seattle / Portland

Rainier Funds Columbia Advisor Change Global

Toronto

Gluskin Sheff Burgundy Asset Gryphon Investors

Our Clients - USA

Boston

AXIOM International Investment Battery March Boston Company Clough Partners Columbia Management Discerene Value Advisors Discovery Capital Mgmt Evergreen Investment Management FactSet Investment Mgmt Fidelity Fortis Investment FundQuest GE Asset Management GMO Grantham, Mayo, Van Otterloo Highfields Capital Management Impala Asset Management Liberty Square Asset Management Loomis Sayles & Company Marshall Wace North America Mass Financial Services Northern Cross Oaktree Capital Management Oechsle International Advisor Oxhead Capital Putnam Investment Redbrick Capital Management Rochdale Investment Management Seacross Global State Street Global Advisors (SSGA) Tudor Investment Wellington Management Venus Capital Management Viking Global Investors

San Francisco

Artisan Partners Barca Capital BlackRock Buena Vista Capital Capital Group Citadel Group Delaware Dodge & Cox Forward Management Paradice Investment Mgmt GSB Capital Indus Capital Fisher Legend Capital Overlook Matthews International Newport Route One Investment RCM Global Sansome Capital Seafarer Capital Sensato Capital TIAA-CREF Standard Pacific Victoria 1522 Wells Capital Management Columbia Management Wellington Geneva WHV Maverick Valiant Caravan Union Point Faralon Capital Partners Fund Franklin Resources Parnassus Passport Capital

Los Angeles

Causeway Capital Capital Group Del Rey Global PIMCO Tradewinds Global New Sheridan Advisors Aristotle Dalton Santa Barbara Asset Ice Canyon NWQ Metropolitan West

Austin / Dallas

Barrow Hanley Corriente Partners Invesco REIT Employees Retirement ERS Hayman Advisors Texas Teachers TRS

Denver

Denver Investment Advisors Cambiar Investor Janus Capital Management Paradice Investment Mgmt Marsico Capital Management Chautauqua

Our Clients – United States

26% of emerging market investment managers are based in Europe, 29% in Asia

Decker & Co.’s expanding European & Asian coverage of emerging market funds

Hong Kong Singapore Thailand Norway Sweden Switzerland Paris

Our Clients - Europe & Asia

Our Clients - Europe & Asia

Singapore

Aberdeen GIC Point72 Albizia Capital GMO Prince St Alliance Bernstein Hansabay Princep Capital Amundi Asset Mgmt Havenport Principal AR Capital Henderson Global PROA Arisaig HSBC Prudential Artisan Invesco Putnam Atlantis Janus RHB Capital Blackhorse JF Asset Mgmt RWC Broad Peak JP Morgan Saga Tree Brunei Investments Kingsmead Santa Lucia Capital Global Lazard Schroders Capital International Legg Mason Sophus Capital World Legg Mason (Martin Currie) Somerset CIMB Principal Lion Capital Spinnaker Coupland Cardiff Mackenzie Cunhill Symphony Dalton MFS

• T. Rowe Price

DCG RS Target AM DCG Capital Millennium Capital Templeton DE Shaw Mirae Third Ave Mgmt Duxton MSIM Threadneedle Eastspring New Silk Road Toccata Cap Farallon Nikko Tokio Marine Farview Research Nomura TPG Fidelity Noonday / Farallon Tudor Capital First State Norges UBS Global Flowering Tree Parna Capital Vulpes Fuchs Capital Pemberton Wellington Fullerton Pioneer Genesis

Hong Kong

Alliance Bernstein Fidelity (FIL) Pictet Allianz Global Franklin Resources Principal Global Asia Research & Capital Mgmt Ltd Indus Capital Partners Robeco Baring Asset mgmt Indus Capital Partners Ruffer BFAM JPMORGAN Seres Asset Blackrock Lloyd George Susquehanna Brevan Howard LMR Templeton Buena Vista LST Partners TPG Capital International Maso Capital Vontobel Capital Research Matthews Waddel Capital World Nuveen Wellington EFM Oasis Capital T Rowe Price Evolution Cap Oz management

Bangkok

Aberdeen JP Morgan Seamico Knight AIG Global Inv Kasset Templeton Investment Franklin Templeton Lombard Tonopah Capital Greyhound Capital NTAsset Waverton Inv Mgmt Gulf Power Probus IFC

Paris

Carmignac Comgest Lazard Freres Gestion AXA DNCA Finance Amundi Asset Mgmt

Sweden / Norway / Denmark

Bank Invest Coeli Asset Mgmt Swedbank Robur Carnegie Svenska Handelsbanken Odin Skagen

Rule 144A Offerings

• Reduced time and legal costs make Rule 144A offerings economical

for offerings of under USD 250,000,000

• Expands offering to the 41% of emerging market investors in the USA
• Manage the entire global offering without the bulge bracket firms
• Greater fee capture for our partner firms
• Higher valuations
• Increased liquidity
• Results in a best in class list of shareholdersion, strong anchor

investors and a greater share of the deal fees

Decker & Co. has streamlined the Rule 144 A offering process, compressing the time to execute and the legal fees involved

Decker & Co. Placements

Placement

• f

Ultrajaya Milk Industry & Trading (ULTJ IJ) USD$ 25 Million Decker & Co Sucor Sekuritas

August 2016

Initial Public Offering (IPO)

• f

ALT Telecom (ALT TB) USD$ 40 Million Decker & Co Finansia Syrus Securities

July 2016

Placement

• f

Xurpas (X PM) USD$ 41 Million Decker & Co SB Equity

April 2016

Placement

• f

Beauty Community (BEAUTY TB) USD$ 40 Million Decker & Co

October 2013

Placement

• f

Srisawad Power 1979 (SAWAD TB) USD$ 32 Million Decker & Co

January 2015

Initial Public Offering (IPO)

• f

SCI Electric (SCI TB) USD$ 31 Million Decker & Co Phillip Securities (Thailand)

April 2016

We Build Demand, We Raise Capital

Roadshows

UP 22.8% vs SET -10%

We roadshow 30 emerging market companies each year, our competition (GS, MS, CS, CLSA, DB) roadshow less than 15

• Origin (ORI TB) – The Blue Ocean Strategist and

property developer

• PhilLab (DNA PM) – Producer of “World’s 1st

Dengue self-test kits”

• Duty Free (DFIL SP) – The operator of duty free

chains retail shops

• Bank Pembangunan (BJBR IJ) – Largest regional

government bank in term of assets

• Security Bank(SECB PM) - 12th Largest bank with

the highest ROE among its peers

• Arwana (ARNA IJ) – Leading player in the low-

end ceramic industry

• Megawide (MWIDE PM) - Country’s biggest

general construction company

• Textured Jersey (TJL SL) – Producer / Exporter
• f knit fabric and acquirer of Ocean India
• Tokyo Cement (TKYO SL) - The Number one Sri Lankan Cement

company

• Taokeanoi (TKN TB) - Thailand’s leading producer of seaweed-

based snacks

• Beximco (BXPHAR BD) - 3rd largest pharma play

capturing over 9% market share

• Double Dragon (DD PM) - Philippines’ fast growing community

mall developer

• Pestech (PEST MK) – An alternative play for powers sector
• Carabao (CBG TB) - Thailand’s leading energy drink producer
• Bank Alfalah (BAFL PA) – 6th largest bank and

the leader in the credit card market

• Blue Bird (BIRD IJ) - Indonesia’s largest land passenger

transportation company

• Erawan (ERW TB) – A pure hotelier company

leveraging on Thai tourism

Decker Roadshows

Visibility Creates Liquidity

Over 80 Companies Marketed in the USA Meeting the Largest Emerging Market Funds

Decker Roadshow Results

31% share price increase on average post a Decker USA roadshow Share Price Exposure New Investors Each roadshow introduces 35- 40 investment managers Each roadshow yields an average of 7 new investors

Case Studies

We build investor demand, creating placement opportunities

12 17 22 27 32 37 42 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15

(SAWAD TB)

2.5 4.5 6.5 8.5 10.5 12.5 14.5 16.5 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17

(ORI TB) Roadshow period

Stock price (THB) Stock price (THB)

 Decker roadshow introduces SAWAD to 40 new funds  Post 1 month: SAWAD gained more than 15%  Post 3 months: Stock reaches ALL TIME HIGH gaining over 38%

27 THB

+15% +38%

 Decker uncovers ORI and introduces it to USA funds  ORI received outstanding feedback from investors  Post 2 months: ORI peaked gaining

• ver 65%

Roadshow period

9 THB

+65%

Decker roadshow share price impact

Our Asian Partners

Jakarta

Indonesia

Best in class country partners provide corporate access and in-depth research Ho Chi Minh

Vietnam

Colombo

Sri Lanka

Karachi

Pakistan

Kuala Lumpur

Malaysia

Dhaka

Bangladesh

Phnom Penh

Cambodia

Manila

Philippines

Bangkok

Thailand

Mumbai

India

Bangkok Manila Jakarta Colombo Kuala Lumpur Ho Chi Minh Phnom Penh Dhaka Mumbai Karachi

Upcoming Trips

UP 22.8% vs SET -10%

Pakistan and Bangladesh - July 2017

• conference style 1x1 meetings with 25 preeminent corporates and political leaders
• day trip to production sites and the offices of the leading corporates

Thailand and Vietnam - September 2017

• bringing over 20 leading companies from Philippines, Indonesia, Thailand to

Bangkok for conference style 1x1 meetings and special talks with Thai political leaders

• conference style 1x1 meetings with 25 preeminent corporates and political leaders

and special dinner with top real estate experts and local funds in Vietnam

Every quarter Decker brings USA investors to Asia for impactful on-the-ground company & country due diligence trips

Who We Are

Leadership

MARK DECKER

Chief Executive Officer

• 25-year Asian market veteran
• Experience in Hong Kong with Bear Stearns, Lehman Brothers and CLSA in the 1990’s
• Director of Equities at top local house in Thailand (SCB Securities) with a consistent top 3 market share
• Opened West Coast office for Kim Eng Securities in 2009 as its ASEAN and Frontier Market head
• Consistently ranked a top broker in Asia money polls

HENRY JUNG

Head of Asia Sales / Trading

• Joined the Decker team from Nomura
• 15 years of ASEAN trading experience

JOY NICHAROT

Managing Partner, Head of global Sales

• 10 years of financial markets experience in Thailand and Singapore
• Decker’s Asian-based sales representative

DOUGLAS MORIN

Managing Director , Equity Capital Markets

• 21 year Asia Veteran / Institutional Equity Sales & Distribution, ECM
• Bear Stearns 1996 – 2007 (USA & Hong Kong)
• China Construction Bank International 2008 – 2012 (Hong Kong)
• Crosby Securities 2013 – 2016 (Hong Kong)

Who We Are

COLIN BELL

VP, U.S. Sales

• Joined the Decker team from Auerbach Grayson
• Over 12 years of experience on both the buy- and sell-side
• Emerging and frontier market expert, with knowledge across all global regions

ANDREW DAILEY

Chief Operating Officer

• 10 year market veteran formerly with Charles Schwab’s international client services division
• Experienced institutional sales trader with in depth knowledge of clearance and settlement

ZACK CAMPBELL

VP, Asian Equity Sales and Trading

• 8-year veteran of Asia-focused financial services
• Experience as an investment analyst, trader and business consultant

CECILIA LEE

Managing Director , U.S. Sales

• Worked, lived, and traveled extensively through Asia since late 1990s: Japan, Korea, Hong Kong,

Singapore, South East Asia, and Frontier.

• Prior to joining Decker & Co, was Director with CIMB Securities as a regional salesperson and before that

with Lehman Brothers.

This presentation was prepared exclusively for the benefits and internal use of the party to whom it is directly addressed and delivery (including such client’s subsidiaries, the “Company”) solely for information and does not carry any right of publication or disclosure, in whole investment, business, financial or commercial decision and should not in any way be construed as a solicitation or recommendation to make any such decision. Neither this presentation nor any of its contents may be used for any other purpose without the prior written consent of Decker & Co. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public

• sources. In any case, this presentation is purely for information purposes and Decker

& Co takes no responsibility for any errors or inaccuracies. The information in this presentation may be based on management forecasts and reflects prevailing conditions and our views as of this date, all of which are accordingly subject to change. Past performance is not an indication of future performance.

Disclaimer

Let’s Work Together

Douglas Morin

Equity Capital Markets Mobile: +1-650-300-9060 Office: +1-415-419-8834 Email: douglas@deckerco.com