BUILD A LIFE

GROWTH

HEWA 2018 FUTURE 20% CHEWA’S BUSINESS PLAN GROWTH GROWTH AND FUTURE DIRECTION.

BUILDBUILD A LIFE A LIFE  CHEWA PERFORMANCE FINANCIAL HIGHLIGHTS REVENUE PROFIT AGENDA FINANCIAL POSITION

 CHEWA OUTLOOK 2018 STRATEGIES PROJECT LAUNCH INVESTMENT HEWA PERFORMANCE CHEWA FINANCIAL PERFORMANCE Consolidated Financial Statements of Income – 1Q18

Unit : Million Baht

2018 2017 Q-Q % 2018 2017

Revenue from sales of real estate 562 101 461 456 % Gross Profit 31.30% 29.68% Factory rental 5 5 - - % SG&A 17.00% 52.00% Other Revenue 4 2 2 100 % Net profit 10.01% -29.23% Total revenues 571 108 463 428 EPS (Baht) 0.071 -0.039 COGS 393 76 317 417 No. of shares 750MB. 750MB. Gross profits 178 32 146 456 Selling expenses 53 30 23 77 Admin expenses 43 26 17 65 Profit from operation 82 -24 106 442

Share of gain from JV (Hup Soon) 1 1 - -

EBIT 81 -25 106 424 Financial costs 9 8 1 13 EBT 72 -32 104 325 TAX 15 +1 14 Net profit 57 -31 88 283 CHEWA FINANCIAL HIGHLIGHTS Consolidated Financial Statements of Financial Position

Unit : Million Baht TOTAL ASSETS TOTAL LIABILITIES

Mar 2018 % Dec 2017 % %Change Mar 18 Dec 17 Mar 18 Dec 17 32 MB Total Assets 3,736 100 3,646 100 2.46 90 MB

Cash & Equivalent 58 2 126 3 -53.00 3,6463,736 2,569 Land and real estate 3,076 82 2,995 82 2.70 2,537 development cost 3,1713,646

Other Assets 602 16 525 15 14.00

Total Liabilities 2,569 69 2,537 70 1.00

Short term loan 180 5 19 1 847.00 TOTAL SHAREHOLDER’S EQUITY Mar 18 Dec 17 Long term loan 65 2 491 13 -86.00 58 MB Other Liabilities 2,324 62 2,027 56 14.00

Shareholder's equity 1,167 31 1,109 30 5.00 1,167 D/E Ratio 2.20 2.29 1,109

D/E Ratio per bank 1.49 1.64 FINANCIAL POSITION

INTEREST BEARING DEBT/TOTAL EQUITY BANK DEBT/EQUITY RATIO 4.00 3.11 3.11 2.87 3.00 2.14 2.24 2.29 2.20 1.70 2.00 1.44 2.02 1.64 1.49 1.00 1.70 1.18 1.19 - Q1/2016 Q2/2016 Q3/2016 Q4/2016 Q1/2017 Q2/2017 Q3/2017 Q4/2017 Q1/2018

Million Baht DETAIL 1Q18 YEAR 17 YOY % TOTAL ASSET 3,736.19 3,646.39 89.80 2.46% TOTAL LIABILITIES 2,569.60 2,537.12 32.48 1.28% TOTAL EQUITY 1,166.51 1,109.26 57.25 5.16% ROA % 9.11% 6.77% ROE % 23.15% 14.91% D/E 2.20 2.29 D/E BANK 1.49 1.64 EPS 0.07 0.21 BV 1.55 1.48 HEWA OUTLOOK 2018  CHEWA STRATEGIES GROWTH STRATEGIES CHEWATHAI SOCIETY CHEWA CARE HEWA  LAUNCH 8 PROJECTS NEW BRAND : CHEWAWan OUTLOOK 2018 NEW BRAND : CHEWAHome

 2018 CHEWA INVESTMENT LAND DEVELOPMENT SOURCE OF FUND HEWA STRATEGIES GROWTH STRATEGIES ORGANIC GROWTH.

INORGANIC GROWTH.

EXPLORE INVESTMENTS IN HEWA DEVELOPMENTS IN MAJOR GROWTH STRATEGIES PROVINCIAL CITIES.

JV WITH POTENTIAL PARTNERS LOCAL & FOREIGNER.

55% BALANCE PORTFOLIO. 40% HOUSES FOR SALE. CONDOMINIUMS FOR SALE. 5% INDUSTRIAL FACTORIES FOR RENT. CHEWA REVENUE & PROFIT 2017 and forecast 2018 - 2019

ACHIEVE 20% GROWTH IN REVENUE ACHIEVE 20% 2,880MB. Million Baht GROWTH IN REVENUE %Gross Profit & Net Profit 3000 2,400MB. 46.00%

2500 2,042MB. 41.00%

36.00% 2000 31.00%

1500 GP 28.62% 26.00% Inventory 21.00% 1000 2,213MB. NP 9-10% 16.00%

NP 8-9% Inventory11.00% 500 NP 7.61% 1,263MB. Inventory 6.00% 915MB. Estimated 0 finished 1.00% project 2017 3,298MB. 2018 2019 Estimated finished projects & Inventories VS Target Revenue & Backlogs **Backlog at 1 Jan 2018

5000

4500

Projects 4000 to be Projects Projects completed 3500 to be to be 3,341MB. completed complete 3000 3,298MB. 2,149MB. 2,400MB. 2,013MB. 2500 Inventory 2000 20% yoy 2,213MB. Growth

1500 Inventory Inventory Inventory1,989MB. 2,240MB. 1000 1,263MB. Inventory ** Inventory Backlog 500 915MB. 942MB.Estimated 1,500MB. finished 0 project 3,298MB. 2017 2018 HEWA STRATEGIES CHEWATHAI SOCIETY CHEWA CARE CHEWATHAI SOCIETY PRIVILEGES

PROMOTION : MEMBER GET MEMBER ACTIVITY : MOVIE PRIVILEGE : DINING, HEALTH&BEAUTY, ENTERTAINMENT, TRAVEL, LIFESTYLE, SHOPPING MAGAZINE CHEWATHAI SOCIETY ต้ังจุดลงทะเบยี น และ มอบบตั ร Chewathai Society All Smart Pay Nurture Life-partnerships with customers ท้งั โครงการทปี่ ิดการขายแล้ว และโครงการปัจจุบนั BUILD A LIFE CHEWA CARE CARE SERVICE

CHEWA CALL : 1260 ONLINE SERVICE LAUNCH 8 PROJECTS 2018 55% BALANCE PORTFOLIO. 40% HOUSES FOR SALE. CONDOMINIUMS FOR SALE. 5% INDUSTRIAL FACTORIES FOR RENT.

CHEWATHAI RESIDENCE THONG LOR

LOW RISE CONDOMINIUM LOCATION : SOI THONG LOR 20 PROJECT VALUE : 950MB. 155 UNITS COMPLETE IN : 4Q19 LOCATION ANALYSIS CHEWATHAI RESIDENCE THONG LOR 20

. J-AVENUE : 850M . VILLA MARKET . TOPS SUPERMARKET 2 KM. FROM BTS . BIG C EKAMAI . EKAMAI . BTS THONGLOR : 2.0KM . MAXVALUE . BTS EKKAMAI : 2.4KM

BNH HOSPITAL

CHEESECAKE HOUSE

SAMITIVEJ HOSPITAL CHEWATHAI RESIDENCE TOP SUPERMARKET THONG LOR

EXPRESS WAY SUKHUMVIT HOSPITAL

. THE EXPRESSWAY HOSPITAL EKAMAI RAMINDRA

. SAMITIVEJ HOSPITAL SUKUMVIT . CAMILLIAN HOSPITAL . SUKHUMVIT HOSPITAL . BNH HOSPITAL 55% BALANCE PORTFOLIO. 40% HOUSES FOR SALE. CONDOMINIUMS FOR SALE. 5% INDUSTRIAL FACTORIES FOR RENT.

CHEWATHAI KASET NAWAMIN PRASERT-MANUKITCH RD.

MID RISE CONDOMINIUM LOCATION : PRASERT-MANUKITCH RD. PROJECT VALUE : 1,700MB. 480 UNITS COMPLETE IN : 4Q20 LOCATION ANALYSIS CHEWATHAI KASET NAWAMIN SHOPPING MALL HALLMARKCHEWATHAI KASET NAWAMIN . MAJOR CINEPLEX . CENTRAL LADPRAO 3 KM. TO VIBHAVADI RD. . BIG C LADPRAO METRO LUXE KASET I CONDO KASET SIPATUM . MRT LADPRAO : 5.7KM UNIVERSITY . BTS SENA NIKHOM : 1.8KM . 1.8KM FROM KASETSART UNIVERSITY BNH HOSPITAL

SIAM NISSAN KASETSART UNIVERSITY TOYOTA BUSS

SAMITIVEJ HOSPITAL PAOLO HOSPITAL

PROVINCIAL ELECTRAL AUTHORITY VIBHAVADI HOSPITAL

MAJOR CINEPLEX RATCHAYOTHIN EXPRESS WAY SUKHUMVIT HOSPITAL . DON MUANG TOLL WAY HOSPITAL

. PAOLO HOSPITAL . VIBHAVADI HOSPITAL 55% BALANCE PORTFOLIO. 40% HOUSES FOR SALE. CONDOMINIUMS FOR SALE. 5% INDUSTRIAL FACTORIES FOR RENT.

HALL MARK CHARAN CHARAN - SANITWONG SOI.13

LOW RISE CONDOMINIUM LOCATION : CHARANSANITWONG SOI.13 PROJECT VALUE : 430MB. 159 UNITS COMPLETE IN : 4Q19 LOCATION ANALYSIS HALL MARK CHARAN SHOPPING MALL

. THE MALL THA PHRA . THE MALL BANGKAE HALL MARK SIRIRAJ HOSPITAL . 400M. TO MRT CHARAN13 CHARAN . MAKRO

MAKRO

THE MALL THA PHRA

PHYATHAI 3 HOSPITAL SIAM UNIVERSITY

THE MALL BANGKAE

SEACON SQUARE

HOSPITAL

. PHYATHAI 3 HOSPITAL . SIRIRAJ HOSPITAL 55% BALANCE PORTFOLIO. 40% HOUSES FOR SALE. CONDOMINIUMS FOR SALE. 5% INDUSTRIAL FACTORIES FOR RENT.

CHEWAWAN PINKLAO - SATHORN

DETACHED HOUSE PHUTTHAMONTHON SAI 1 PROJECT VALUE : 1,200MB. 51 UNITS COMPLETE IN : 1Q19 LOCATION ANALYSIS BTS CHEWAWAN PINKLAO - SATHORN . PHASI CHAROEN STATION: 7.35 KM(BLUE LINE) OPEN: 2019 M. TO BOROM RD. CHEWAWAN . BANG SUE – TALING CHEN 770 STATION (RED LINE) OPEN: 2019 PINKLAOPHUTTAMONTHON - SATHORN . BOROMMARATCHACHONNANI ROAD : SAI1 770M.

EXPRESS WAY THONBURI HOSPITAL . RATCHAPRUK ENTRANCE: 2.8 KM BTS : RED LINE . KANCHANAPISEK ENTRANCE: 3.5 KM RATCHAPRUK ENTRANCE NEW ROAD . PRATHEP RD. (NEW ROAD) CENTRAL PINKLAO BTS : BLUE LINE PRATHEP RD.

TESCO LOTUS KASEMRAT HOSPITAL BIG C

THE MALL BANGKAE

Democracy Monument

BTS : BLUE LINE SIRIRAJ HOSPITAL SHOPPING MALL SECON BANGKAE

HOSPITAL PHAYATHAI3 HOSPITAL . SEACON BANGKAE . THE MALL BANGKAE : 9.5 KM Wongwian Yai . PHAYATHAI3 HOSPITAL: 10 KM . CENTRAL PINKLAO : 7.6 KM . KASEMRAT BANGKEA HOSPITAL: 10.2 KM . THONBURI HOSPITAL: 9 KM . SIRIRAJ HOSPITAL: 10.6 KM 55% BALANCE PORTFOLIO. 40% HOUSES FOR SALE. CONDOMINIUMS FOR SALE. 5% INDUSTRIAL FACTORIES FOR RENT.

CHEWA HOME WONGWAEN - LAMLUKKA

TOWNHOME LOCATION : RANGSIT - KLONG 4 PROJECT VALUE : 700MB. 275 UNITS COMPLETE IN 3Q18 LOCATION ANALYSIS CHEWA HOME WONGWAEN - LAMLUKKA

BTS KM. TO RANGSIT-NAKHON NAYOK RD. 3.3 . BTS GREEN – LINE KLONG 4 STATION : 4 KM . RANGSIT – NAKHON NAYOK ROAD : 3.3KM. EXPRESS WAY . OUTER RING ROAD : 6.61KM. AIRPORT . DON MUEANG INTERNATIONAL AIRPORT : 17.2 KM CHEWA HOME WONGWAEN - LAMLUKKA

SHOPPING MALL

HOSPITAL . FUTURE PARK : 10.9 KM . BIC C . B CARE HOSPITAL . TESCO LOTUS . BHUMIBOL HOSPITAL . MAKRO . SAI MAI HOSPITL . AKE-PATHUM HOSPITAL 55% BALANCE PORTFOLIO. 40% HOUSES FOR SALE. CONDOMINIUMS FOR SALE. 5% INDUSTRIAL FACTORIES FOR RENT.

CHEWA HOME PRACHA U-THIT - SUKSAWAT

TOWNHOME LOCATION : PRACHA U-THIT 90 PROJECT VALUE : 890MB. 391 UNITS COMPLETE IN 3Q18 LOCATION CHEWA HOME PRACHA U-THIT - SUKSAWAT

MRT KM. TO KANCHANAPHISEK – OUTER 5.3 . TAO POON - RAT BURANA RING RD. MRT PURPLE LINE EXPRESS WAY . KANCHANAPHISEK BRIDGE EXPRESSWAY : 6.7KM . CHALOEM MAHA NAKHON EXPRESSWAY : 10.9KM NEW ROAD . PHRAPA DANG – THUNG KHRU

CHEWA HOME PRACHA U-THIT - SUKSAWAT

HOSPITAL SHOPPING MALL . BANGPAKOK 3 HOSPITAL . BANGPAKOK 9 HOSPITAL . PRAPRADAENG HOSPITAL . BIG C SUK SAWAT . CENTRAL RAMA2 . HOMEPRO RAMA2 JV WITH POTENTIAL PARTNERS LOCAL & FOREIGNER.

70% SHARES

CONDOMAN 30% SHARES JV WITH POTENTIAL PARTNERS LOCAL & FOREIGNER.

HEART SUKHUMVIT

TOWNHOME LOCATION : SOI SUKHUMVIT 62/1 PROJECT VALUE : 160MB. COMPLETE 4Q18 JV WITH POTENTIAL PARTNERS LOCAL & FOREIGNER.

HEART THONG LOR

TOWNHOME LOCATION : SOI SUKHUMVIT 36 PROJECT VALUE : 270MB. COMPLETE 2Q19 CHEWA NEW PROJECTS JV NEW PROJECTS TOTAL PROJECTS 6 2 8 TOTAL VALUE 5,870 MB TOTAL VALUE 430 MB TOTAL VALUE 6,300 MB JV WITH POTENTIAL PARTNERS LOCAL & FOREIGNER.

LIFESTYLE SENIOR LIVING VILLAGE PHUKET THAILAND

25% SHARES JV WITH POTENTIAL PARTNERS LOCAL & FOREIGNER.

LIFESTYLE SENIOR LIVING VILLAGE KAMALA

LOW RISE CONDOMINIUM LOCATION : KAMALA PHUKET PROJECT VALUE : 3,500MB. COMPLETE IN 4Q20 BRANDING HOUSE STRATEGY IN 2018 SERIES

C H E W A T H A I C H E W A T H A I HALLMARK R E S I D E N C E SERIES SERIES SERIES C H E W A R O M SERIES

C H E W A H O M E SERIES

CHEWATHAI CHEWATHAI RESIDENCE KASET NAWAMIN THONG LOR CHEWATHAI PUBLIC COMPANY LIMITED MILESTONE.

2008 2010 2012 2013 2014 2015 2016 2017 2018

JULY NOVEMBER AUGUST OCTOBER SEPTEMBER JUNE JULY OCTOBER

CHEWATHAI THE CHEWATHAI CHEWATHAI CHEWATHAI HALLMARK HALLMARK CHEWATHAI CHEWATHAI CHEWATHAI CHEWAROM CHEWAHOME CHEWAHOME HEART CHEWAWAN CHEWATHAI CHEWATHAI KAMALA RATCHAPRA SURAWONG RAM READY BUILT INTERCHANGE CHAENG NGAMWONG RESIDENCE RESIDENCE PHETKASEM 27 RANGSIT WONGWAEN PRACHA U-THIT SUKHUMVIT PINKLAO - RESIDENCE KASET SENIOR LIVING ROP PROJECT KHAMHAENG FACTORIES PROJECT WATTANA WAN BANG PHO ASOKE PROJECT DON MUEANG - LAMLUKKA - SUKSAWAT PROJECT SATHORN THON LOR NAWAMIN PROJECT PROJECT VALUE PROJECT PROJECT VALUE PROJECT PROJECT VALUE PROJECT PROJECT VALUE PROJECT PROJECT PROJECT VALUE PROJECT PROJECT PROJECT VALUE VALUE 350MB. VALUE VALUE 1,050MB. VALUE 1,200MB. VALUE VALUE 1,455MB. VALUE VALUE VALUE 160MB. VALUE VALUE VALUE 3,500MB. 1,100MB. 143MB. 780MB. 1,040MB. 1,700MB. 490MB. 700MB. 855MB. 1,200MB. 950MB. 1,700MB. 1,350MB. HEART THONG LOR PROJECT VALUE 270MB. C H E W A FOOTPRINTS 2008 – 2018

Chewarom Rangsit – Dong mueang DOWN – TOWN

MID – TOWN Chewa HOME Wongwaen - Lamlukka SUBURB Hallmark Chaengwattana

Chewawan Hallmark Ngamwongwan Pinklao - Sathorn Chewathai Kaset Nawamin

Chewathai Ratchaprarop Chewathai Chewathai Residence Residence Asoke Bang Pho Chewathai Residence Chewathai Ram Khamhaeng Thong Lor

Chewathai Interchange HEART Thong Lor Chewthai Phetkasem 27

The Surawong Chewa HOME HEART Sukhumvit Pracha U-Thit - Suksawat

MID/LOW RISE CONDO HOME PROJECTS

HIGH RISE CONDO JV PROJECTS HEWA INVESTMENT HIGH RISE CONDO ACQUIRE 2 LAND PLOTS

INVESTMENT LOW/MID RISE CONDO TARGET FULL YEAR ACQUIRE 2 LAND PLOTS

2018 LAND ACQUISITION CHEWAHOME ACQUIRE 1 LAND PLOT

CHEWAROM ACQUIRE 1 LAND PLOT

2 2 2 Low rise High rise Home Condo Projects Condo Projects Projects CHEWA GROWTH STRATEGIES

JV EXPLORE INVESTMENTS IN INORGANIC GROWTH. WITH POTENTIAL PARTNERS DEVELOPMENTS IN MAJOR LOCAL & FOREIGNER. PROVINCIAL CITIES. EXECUTIVE SUMMARY

 Target 20% revenue growth for 2018 and 2019  In progress of balancing portfolio

 Venture into affordable Townhome market with new experienced team

 Flexible & Opportunistic  Increased presence & footprints

 Strong support from financial institutions & shareholders THANK YOU

BUILDBUILD A LIFE A LIFE