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Such forward‐looking statements are not guarantees of future performance and accordingly, the actual results, financial condition, performance or achievements of the Company may differ materially from those forecasted and projected or in the forward‐looking statements. 2 3Q2018 KEY HIGHLIGHTS ALL TIME HIGH 22,436 % TRANSFERS 11,837 267 GROWTH YOY 173% 6,759 8,208 3,229 75 % GROWTH YOY EARNINGS GROWTH QOQ ALL TIME HIGH PERFORMANCE 1,455 SHARE OF 982 PROFIT FROM 539 JV -113 -471 2,000 21% 25% 1,200 40% 36% 1,500 20% NET PROFIT & 1,000 30% UNIT: M BAHT 800 24% 976 % 15% %NET MARGIN 593 1,000 1,705 204% 600 GROWTH20% YOY 584 6% GROWTH10% YOY 400 500 5% 10% % 5% 200 67 561 141 GROWTH QOQ - 0% - 0% 3Q17 2Q18 3Q18 9M17 9M18 3 3Q2018 FINANCIAL STATEMENT 3Q2018 2Q2018 3Q2017 % Q-o-Q % Y-o-Y M Baht % M Baht % M Baht % Total revenue 2,697 100% 2,426 100% 2,759 100% 11% -2% Revenue from sale of real estate 1,475 55% 1,534 63% 1,692 61% -4% -13% Project management and commission income 552 20% 431 18% 611 22% 28% -10% Construction income 474 18% 330 14% 278 10% 44% 70% Other incomes 196 7% 131 5% 177 6% 50% 11% Gross Profit 893 33% 774 32% 1,052 38% 15% -15% Sale of real estate 385 26% 439 29% 544 32% -12% -29% Project management and commission 326 59% 224 52% 342 56% 46% -5% Construction 39 8% 27 8% 24 9% 43% 65% Others 143 N/A 83 N/A 142 N/A 72% 1% SG&A 789 29% 627 26% 650 24% 26% 21% Selling expenses 264 10% 215 9% 253 9% 23% 5% Administrative expenses 525 19% 412 17% 398 14% 27% 32% Share of Profit (Loss) 982 36% 539 22% (113) -4% 82% N/A EBIT 1,086 40% 685 28% 289 10% 59% 276% Interest expenses 85 3% 91 4% 89 3% -6% -4% Net Profit (Loss) 976 36% 584 24% 141 5% 67% 593% Earnings per share (baht) 0.28 0.16 0.03 4 9M2018 FINANCIAL STATEMENT 9M2018 9M2017 % Y-o-Y M Baht % M Baht % Total revenue 7,943 100% 8,825 100% -10% Revenue from sale of real estate 4,862 61% 5,931 67% -18% Project management and commission income 1,480 19% 1,577 18% -6% Construction income 1,098 14% 746 8% 47% Other incomes 503 6% 571 6% -12% Gross Profit 2,704 34% 3,401 39% -21% Sale of real estate 1,393 29% 1,891 32% -26% Project management and commission 855 58% 981 62% -13% Construction 92 8% 62 8% 47% Others 363 N/A 467 N/A -22% SG&A 2,101 26% 1,871 21% 12% Selling expenses 753 9% 775 9% -3% Administrative expenses 1,348 17% 1,096 12% 23% Share of Profit (Loss) 1,455 18% (471) -5% N/A EBIT 2,058 26% 1,056 12% 95% Interest expenses 268 3% 281 3% -5% Net Profit (Loss) 1,705 21% 561 6% 204% Earnings per share (baht) 0.47 0.13 5 3Q2018 FINANCIAL STATEMENT 3Q2018 2Q2018 3Q2017 % Q-o-Q % Y-o-Y M Baht M Baht M Baht Cash balance and equivalent 2,423 1,585 1,461 53% 66% Assets 40,125 35,504 27,019 13% 49% Interest bearing debts 17,781 17,274 11,480 3% 55% Liabilities 23,244 21,642 15,041 7% 55% Shareholders' equity 16,881 13,862 11,979 22% 41% D/E ratio (times) 1.38 1.56 1.26 -12% 10% Net IBDE ratio (times) 0.91 1.13 0.84 -20% 9% 6 2018 TRANSFER TARGET % 38,000 MILLION BAHT 93 CONDOMINIUM % GROWTH 152 2017 ALL TIME HIGH % HOUSING 33% 267% 7 ABOVE GROWTH GUIDANCE YOY Transfer 1Q18A 2Q18A 3Q18F 3Q18A 4Q18F 9M18A 2018F Condo 1,342 993 956 878 1,288 3,212 4,500 Housing 511 542 960 597 1,040 1,650 2,690 Ananda F/S 1,853 1,534 1,916 1,475 2,328 4,862 7,190 Ananda Share in JV 1,014 2,665 3,558 4,448 6,361 8,126 14,487 Partner Share in JV 974 2,560 3,418 5,914 6,875 9,447 16,323 Ananda Share in Transfers 2,866 4,199 5,474 5,923 8,689 12,988 21,677 Total (M Baht) 3,840 6,759 8,892 11,837 15,564 22,436 38,000 7 2018 TRANSFER TARGET % NEW CONDO PROJECTS OF TRANSFERS THAT COMPLETE THIS 71 COMING FROM 10 YEAR Transfer Begins 1Q18 2Q18 3Q18 4Q18 8 IDEO SUKHUMVIT 93 BEGINS TRANSFER IN Q3 Project Value Backlog Unsold Inventory Transfer %Net Sold %Transfer (M Baht) (M Baht) (M Baht) (M Baht) 6,360 91.1% 2,451 564 3,345 52.6% 9 PRESALES UPDATE BY QUARTER 35,120 MILLION BAHT % HOUSING % 11 5 ABOVE GUIDANCE % 89 CONDOMINIUM PRESALES 1Q18A 2Q18A 3Q18F 3Q18A 4Q18F 2018F CONDOMINIUM 5,848 9,793 6,709 7,038 8,438 31,117 HOUSING 834 825 1,054 1,144 1,200 4,003 TOTAL 6,685 10,618 7,764 8,182 9,638 (MILLION BAHT) 35,120 10 9M2018 PRESALES PERFORMANCE % INTERNATIONAL 25,482 MILLION BAHT 28 7,019 MILLION BAHT 9,775 INTERNATIONAL 7,019 SALES 6,146 % 3,111 DOMESTIC 1,730 1,235 1,256 72 2013 2014 2015 2016 2017 9M2017 9M2018 18,464 MILLION BAHT 11 2018 PROJECT LAUNCHES BY QUARTER JOINT VENTURE 26,742 MILLION BAHT 12PROJECTS 5 PROJECTS NO. LAUNCH BEGINS 1Q18A 2Q18A 3Q18F 3Q18A 4Q18F 2018F Condo 4,325 6,822 5,086 5,123 5,573 21,843 Housing - 401 3,607 3,684 814 4,899 TOTAL 4,325 7,223 8,694 8,807 6,387 (MILLION BAHT) 26,742 NO. OF CONDO PROJECT 2 (1JV) 1 JV 2 JVs 2 JVs 1 JVs 6 (5 JVs) NO. OF HOUSING PROJECT - 1 4 4 1 6 12 2018 PROJECT LAUNCH TARGET % 26,742MILLION BAHT 82 CONDOMINIUM 6 PROJECTS PROJECTS 12 JOINT VENTURE 5 PROJECTS 42,450 92% OF CONDO LAUNCH 26,742 % 18 HOUSING 2013 2014 2015 2016 2017 2018 6 PROJECTS 13 NEW LAUNCHES IN Q3 Ideo Ratchada-Sutthisan Elio Sathorn-Wutthakat Project value (M Baht) 1,721 Project value (M Baht) 3,403 No. of unit 410 No. of unit 1,161 Soft launched date September 2018 Soft launched date September 2018 Expected transfer date 2020 Expected transfer date 2020 Location 450 m. from MRT Sutthisan Location 470 m. from BTS Wutthakat 14 NEW LAUNCHES IN Q3 Unio Town Srinakarin-Bangna Unio Town Suanluang-Patthanakan Project value (M Baht) 889 Project value (M Baht) 628 No.