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S omboon A dvance T echnology PCL

Strive for sustainable growth in automotive industry through advanced technology and partnership. S omboon A dvance T echnology PCL. Opportunity Day 1Q2019 June 5, 2019. Company Overview. Automotive Industry Overview. Tractor Industry Overview. Sale Performance. Financial Highlights.

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S omboon A dvance T echnology PCL

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  1. Strive for sustainable growth in automotive industry through advanced technology and partnership SomboonAdvance Technology PCL Opportunity Day 1Q2019 June 5, 2019

  2. Company Overview Automotive Industry Overview Tractor Industry Overview • Sale Performance • Financial Highlights

  3. Company Overview

  4. Company overview • Somboon Holding Co.,Ltd. 29.94% • Thai NVDR 17.77% • Nortrust Nominees Ltd-Cl Ac. 5.25% • BBHISL NOMINEES LIMITED 2.44% • AIA COMPANY LIMITED - EQ3-P 1.69% • 6. Others42.91% As of February 28, 2019 SAT Paid up 425 million Baht 50.00% 99.99% 99.99% 99.99% 99.99% ICP SBM BSK SFT 21.25% 20.00% Tsuchiyoshi Somboon Coated Sand Yamada Somboon MubeaSomboon Automotive 2.90% Nisshinbo Somboon Automotive 1.80% Somboon Somic Manufacturing Note: Somboon Holding & Kitaphanich Family ownsapproximately 44%

  5. Company overview SAT/SFT ICP/SBM Process: Forging/ Machining Product: Axle Shaft, Hub Process: Casting/ Machining Product: Disc & Drum Brake, Exhaust Manifold, Fly Wheel, Bracket, Hub Customers : Process : Bending & Coiling Product: Spring Product MSA (JV)

  6. Automotive parts Parts of Pick up & truck Parts of Passenger & Eco Car

  7. Agricultural machinery parts Parts of Tractor Parts of Combine

  8. Locations (11 plants) Bangna Head Office 3Plants +MSA 2 Plants Rayong Samutprakarn Eastern Seaboard Industrial Estate 1 Plant Amata Industrial Estate 4 Plants + MSA 1Plant

  9. Automotive Industry Overview

  10. Car production 1Q2019 Unit: Thousand cars • QoQ: Car production slightly declined (-0.4%) as domestic declined -10% but export increased +9% • YoY : Car production increased +4% as domestic increased +8% and export increased +1%

  11. Car production: by type Unit: Thousand cars • QoQ(-0.4%) : Changes in Pick up, Passenger and Eco car are -1%, +6% and -4% • YoY (+4%) : Changes in Pickup, Passenger and Eco car are +6%, -4% and +9%

  12. Car production: Domestic Unit: Thousand cars • QoQ(-10%) : Changes in Pickup , Passenger and Eco car are -15%, +6% and -12% • YoY (+8%) : Changes in Pickup, Passenger and Eco car are +8%, +6% and +9%

  13. Car production: Export Unit: Thousand cars • QoQ (+9%) : Changes in Pickup, Passenger and Eco car are +11%, +7% and +5% • YoY (+1%) : Changes in Pickup , Passenger and Eco car are +4%, -14% and +8%

  14. Export destinations Unit: Thousand Cars • QoQ: Car export increased +6% mainly increased from export to Australia, Europe and Middle East • YoY: Car export increased +2% mainly increased from export to Asia, Middle East and North America • Top 2 export regions are Australia and Asia

  15. Thailand automotive outlook Unit : Million cars CAGR =3% CAGR =9% First car scheme Thailand Floods & Tsunami in Japan Unit : Million cars Global Financial Crisis Asian Financial Crisis

  16. Tractor Industry Overview

  17. Tractor production by quarter Unit: in Thousand • QoQ: Increased +16% • YoY : Increased +23% Source : Customer

  18. Tractor production outlook Unit: in Thousand Flood Drought Source : SBG’s Forecast

  19. Sale Performance

  20. Sale 1Q2019 vs 1Q2018 and market share by products Market Share Sales Contribution

  21. Sale by customers 1Q2019 Note : *Other : Other customer , Direct export and REM customer.

  22. Capacity & utilization Note : 1. Capacity is calculated based on 500 hours per month (20 hours x 25 days) except Axle Shaft & General Forging: 550 hours per month

  23. Financial Highlights

  24. Sale & gross profit Unit: Million Baht

  25. QoQ: 1Q19 vs 4Q18 %GP • QoQ Comparison • Sale 0.4% • COGS 0.3% • GP (amount) 0.7% • %GP 0.1% Unit: Million Baht • Sale increased by 8 MB or 0.4% mainly from the improvement of the agricultural machinery industry and sales from direct export.

  26. YoY: 1Q19 vs 1Q18 %GP • YoY Comparison • Sale 10.6% • COGS 8.6% • GP (amount)19.6% • %GP 1.5% Unit: Million Baht • Sales increased by 10.6% as the improvement of the automotive industry, the agricultural machinery industry and direct export sales. • GP increased by 19.6% based on an increase in sale.

  27. Net profit Unit: Million Baht

  28. QoQ: 1Q19 vs 4Q18 1 Note: 1 Others include gain/loss on fx , other incomes, and other expenses

  29. YoY: 1Q19 vs 1Q18 1 Note: 1 Others include gain/loss on fx , other incomes, and other expenses

  30. EBITDA %EBITDA Unit: Million Baht

  31. Dividend payments Unit: Baht per Share Unit: % Payout Note: Dividend policy at a minimum rate of 30% of net profit after tax and legal reserve

  32. Awards Awards from customer Awards from various agencies • TCC HRD Activity 2017 from Toyota • The Winner TPS Award 2017 from Toyota • MCC QCC Activity 2017 from Mitsubishi • Quality Award and Delivery 2017 from Kubota • SKC Delivery Skill Contest 2017 from Kubota • RUNNER UP SKC Delivery Kaizen Award 2017 from Kubota • Gold Award QCD 2017 from Kubota • Quality Award and Delivery 2017 from Isuzu • Sustainability Awards of Honor 2018 from SET • Thailand Sustainability Investment 2018 (THIS) from SET • Best Investor Relations Awards 2017-2018 from SET • Best IR Awards 2015-2016 from IAA • Gold Level Thailand HR Innovation Award 2017, the highest award from the National Institute for Productivity in collaboration with the PMAT & NIDA • CSR-DIW Continuous Award 2017 from DIW

  33. Financial Highlights

  34. Q&A Somboon Advance Technology Public Company Limited – Investor Relations Department Tel. +66 2 080 8197, Fax. +66 2 080 8198 , Email : ir@somboon.co.th, Website : http://www.satpcl.co.th

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