VGI Global Media PCL OUTDOOR AVIATION OFFICE VGI O2O SOLUTIONS - PowerPoint PPT Presentation

VGI Global Media PCL OUTDOOR AVIATION OFFICE VGI O2O SOLUTIONS ACTIVATION TRANSIT RABBIT VGI Group General Presentation February 2018 Prepared by Investor Relations Department VGI Global Media Plc

Disclaimer Investment involves risk. Prospective should understand the characteristics of Securities and study information about VGI Global Media Public Company Limited (“VGI” or the “Company”) before making a decision to invest in Securities. This Presentation is not intended to provide the basis for any investment decision, nor to substitute your own analysis and investigation, and should not be considered as a recommendation to any recipient of this Presentation. Some statements made in this presentation are forward-looking statements, which are subject to various risks and uncertainties. These include statements with respect to the Company’s corporate plans, strategies and beliefs and other statement that are not historical facts. These statement can be identified by the use of forward-looking terminology such as “may”, “will”, “expect” , “intend”, “estimate”, “continue”, “plan” or other similar words. The statements are based on the assumptions and beliefs of the Company’s management in light of the information currently available to the Company. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Nothing in this Presentation is, or should be, relied on as promise or representation of the Company as to the future. Prepared by Investor Relations Department 2 VGI Global Media Plc

Agenda Section 1 4 Company at a Glance Section 2 3 Years Strategy: O2O Solutions 10 Section 3 VGI #1 in OOH and Expanding Our Business Around Data-driven Sector 13 Section 4 Business Profile by Segment and Potential Upsides Section 4.1 Transit Media BTS-related Media 16 SBK-related Media, Malaysia 20 Section 4.2 Outdoor Media 21 Section 4.3 Office Building and Residential Media 23 Section 4.4 25 Aviation Media Section 4.5 26 Activation Media Section 4.6 27 Digital Services Business Section 5 31 2017/18 Target Section 6 2016/17 Financial Performance 33 Section 7 3Q 2017/18 Financial in More Detail & Business Update 35 Appendices Prepared by Investor Relations Department 3 VGI Global Media Plc

Company at a Glance Key investment features Exclusive long-term mass transit contracts with consistent growth • Unique, long-term contract portfolio. High barriers to entry from exclusive mass transit contracts with parent company “BTS” in core CBD areas. • More than 80% of VGI’s current profit is secured by a mass transit concession with more than 12 years remaining • Ongoing, resilient mass transit ridership growth of 9% per annum since inception A unique play on the most attractive advertising media segments • Possesses differentiated and market-leading assets (THB 6.2bn of cross-media capacity) • Daily audience reach of over 3mn people nationwide • Focus on the fastest growing media segments. OOH and Online have grown on average 10% and 28%, respectively in the past 5 years The largest, the most profitable OOH media company in Thailand and among the top 5 most profitable OOH media companies in Asia • No. 1 listed OOH media company on SET by market capitalisation of THB 51,871mn (USD 1,656mn) 1 with approximately  45% market share in 2017 2 • Long-term contracts allow capital investment and superior margins. VGI recorded EBITDA margin of 45% and net profit margin of 27% in 2016/17 . Unlocking future growth catalysts • Future growth underpinned by relationship with BTS and its preeminent role in mass transit development in Thailand. 4-5X expected increase in transit media capacity by 2021/22. • Upside potential from increased digitisation of our media platform and M&A opportunities • Synergies with Rabbit Group. The only media company in Thailand to offer measureable and targeted multimedia advertising through data analytics. • Poised to benefit from growth multipliers when media spending recovers 1 Exchange rate at THB 31.328 per USD as of February 2018 2 The Stock Exchange of Thailand (SET) 3 Company’s source, press releases and Bloomberg Prepared by Investor Relations Department 4 Section 1: Company at a Glance VGI Global Media Plc

Company at a Glance Key milestone 1995: 2009: Jul 2013: May 2015: • • • • Established under the BTSC becomes major VGI was included as a Received right to manage name Global Technologies shareholder of VGI constituent member of SET advertising space on 7 extensions • and Telecom Co.,Ltd .and VGI acquired POV, whose 100 Index (On-nut – Bearing and Krungthon changed its name to VGI business is providing Jan 2014: Buri- Wongwan Yai from 2015- • Global Media Co.,Ltd. in advertising service across VGI was included as a 2029) • December 1998 premiere office building in constituent member of SET Entered into aviation media by 1999: Bangkok CBD 50 Index investing in Aero Media 20% of • Commencement of 2010: its total shares • • advertising management VGI granted the right to Terminated Modern Trade media and operations of 23 BTS manage advertising area on business core network stations and the BRT for 7 years Nov 2015: • • all trains under and VGI granted initial Granted right to manage exclusive license by BTSC “Advertising Display advertising for Artista Media which will be expired in Concession Agreement” in across 219 residential buildings December 2029 “Sales floor” from Tesco Lotus and Big C 1995 - 1999 2003 - 2005 2009-2011 2012/13 2013/14 2014/15 2015/16 2016/17 • VGI granted initial May 2012: May 2014: May 2016: • • • “Advertising Display Amended “License to Entered into outdoor Increased stake in MACO to 37.42% Concession Agreement” Manage Marketing Services media by investing in Aug 2016: • from; Agreement” with BTSC MACO 24.96% of its total VGI propelled itself to become • 2003: Watsons BSS was established to shares a ”Data Centric Media 2004: Tesco Lotus operate Rabbit Card July 2014: Hypermarket” by announcing to • (non-Sales fl.) business with exclusive Selected to be the “Best acquire 90% in BSS and BSSH • 2005: Big C rights from BTS sky train under a Billion” of small Increased stake in Aero Media to (non-Sales fl.) network and BRT and midsize listed 30% Oct 2012: companies by Forbes 2014 Sep 2016: • • VGI was successfully listed Mar 2015: Entered into Malaysian market • on SET Announced our intention through a 19% investment in to evolve in “Nationwide Titanium Compass Integrated Media Platform” Nov 2016: • Expand to Activation media by acquiring 40% in Demo Power (Thailand) March 2017: • Successfully acquired 90% in BSS and BSSH. Prepared by Investor Relations Department 5 Section 1: Company at a Glance VGI Global Media Plc

Company at a Glance Shareholding structure, historical dividendpayment and share price movement SHAREHOLDING STRUCTURE (as of February 2018) DIVIDEND INFORMATION 0.1% Kanjanapas BTSG’s Minorities 2.7% 2.7% Family 1.2% Dividend Policy: 41.3% 58.7% Not less than 50% of net profit. 1,033 BTSG 97.5% 755 Payout Ratio 412 Kanjanapas 14/15 15/16 16/17 BTSC Public Family 123% 85% 62% 2014/15 2015/16 2016/17 48.6% 22.8% 0.5% 28.1% Dividend (THB mn) Dividend Yield (%) Note: • Dividend yield is calculated using VGI closing share price one day before the date of BOD meeting approving the relevant dividend. • 2014/15 interim dividend included stock dividend (at par value) of 1:1 SHARE INFORMATION (as of February 2018) SHARE PRICE MOVEMENT (as of February 2018) (THB) VGI TURNOVER (RHS) SET Index (rebased) VGI TB (THB mn) Stock code VGI 8.00 2,500.0 6.75 7.00 Outstanding shares (mn shares) 7,204.3 2,000.0 6.00 Market capitalisation (THB mn) 48,629.2 5.00 1,500.0 4.00 Market capitalisation (USD mn) 1,544.3 1,000.0 3.00 61.1 Average daily traded value (THB mn) * 2.00 500.0 ADTV = THB 115mn 1.00 Average daily traded value (USD mn) * 1.9 - - *Last 12 months average daily traded value 12-Oct-12 12-Oct-13 12-Oct-14 12-Oct-15 12-Oct-16 12-Oct-17 Note: The Company issued new ordinary shares of 340mn shares in December 2017 as a result the Company’s total shares increase d to 7,204.3mn share. Prepared by Investor Relations Department 6 Section 1: Company at a Glance VGI Global Media Plc