4Q2015 Presentation Results

March 2016

MK Restaurant

Group PCL (“M”)

Company

Presentation

Strictly Confidential

1

Agenda

Company Overview

4Q2015 Key Financial Highlights

Business Update

2

Business Structure

Japanese restaurant:

Yayoi

Registered Capital: 400

MB

Training services for MK

group

Registered Capital: 35

MB

Restaurants in Singapore

Registered Capital:

SGD12.5 Million (~ 320

MB)

MK Restaurants in Japan

Registered Capital:

JPY250 Million (~80 MB)

12%

MK Interfoods Co.,Ltd.

“MKI”

MK Services Training

Center Co.,Ltd.

“MKST”

Plenus & MK Pte.Ltd.

“Plenus & MK” (Joint Venture)

Plenus-MK Co.,Ltd.

“Plenus MK” (Joint Venture)

50% 100% 100%

Suki restaurant : MK Suki, MK Gold Thai restaurant : Na Siam, Le Siam

Japanese restaurant : Hakata, Miyazaki

Coffee shop & Bakery : Le Petit

Franchise

MK Restaurant Group Plc.

“M”

Food manufacturer &

Distributor

Registered Capital: 100

MB

International Food

Supply Co.,Ltd.

“IFS”

100%

3

Restaurant Outlets in Thailand

Type of Business Restaurants Brand No. of Outlets Average Spending (THB)

Suki Restaurant MK 413 300

MK Gold

6 520

Japanese Restaurant Yayoi

140 240

Miyazaki

22 280

Hakata

3 200

Thai Restaurant Na Siam

1 270

Le Siam

4 590

Coffee Shop & Bakery

Le Petit

3 160

Remark: Data as of Dec 2015

4

Leader in chained restaurant industry with nationwide branches coverage

Dominant Position in Chained Restaurant Industry

42 61 70 79 89

22

30

43 50

51

2011 2012 2013 2014 2015

Bangkok & Metropolitan area Provincial area

157 172 176 189 197

157 182 205

218 222

2011 2012 2013 2014 2015

Bangkok & Metropolitan area Provincial area

Extensive Coverage Nationwide

North

MK & MK Gold 22

Yayoi 5

West

MK & MK Gold 18

Yayoi 4

North East

MK & MK Gold 52

Yayoi 12

South

MK & MK Gold 47

Yayoi 7

East

MK & MK Gold 46

Yayoi 12

BKK & Greater BKK

MK & MK Gold 197

Yayoi 89

Central

MK & MK Gold 37

Yayoi 11

Branches

Japan

MK 30

Japan

an

MK 4

Vietnam

an

MK 2 / Yayoi 6

Singapore

53%

47%

354 419

314

381

36%

64%

91

64

113

407

129 140

an

MK 1 / Miyazaki 1

Lao PDR

5

-9%

-6%

-1%

1%

0%

-4%

-12%

-8%

1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15

Same-Store Sales Growth

Negative Same-Store Sales Growth primarily due to the economic slowdown

-5%

-8% -10%

7%

3% 3%

-3%

-8%

1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15

6

Agenda

Company Overview

4Q2015 Key Financial Highlights

Business Update

7

Total Revenues and Net Profit

%YoY Growth 2010 2011 2012 2013 2014 2015

Total Revenues 13% 19% 21% 8% 6% 0%

Net Profit 26% 32% 25% 0% 0% -9%

9,078

10,824

13,141 14,139

14,957 14,923

1,234 1,625 2,031 2,039 2,042 1,856

2010 2011 2012 2013 2014 2015

Total Revenues Net Profit

8

Gross Profit

Revenue Contribution

Revenues from Sales and Services

Revenues Growth

In 2015, revenues from sales & services were almost flat compared to the prior year due largely to the weak of

purchasing power of consumers and severe competition in restaurant business.

MK

82%

THB Million

THB Million

MK

82%

Yayoi

16%

Others

2%

0% YoY

3,342 3,643 3,708 3,799 3,585 3,749 3,481 3,665

14,492 14,478

1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015

-4% YoY

2,212 2,350 2,419 2,526 2,367 2,471 2,261 2,435

9,507 9,534

66.2% 64.5% 65.2% 66.5% 66.0% 65.9% 65.0% 66.5% 65.6% 65.9%

0%

10%

20%

30%

40%

50%

60%

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015

0% YoY

-4% YoY

9

SG&A

In 2015, SG&A increased 3% compared to the prior year primarily due to the increase of fixed expenses such

as rent, depreciation and amortization.

SG&A Expenses

2015 SG&A Expenses Breakdown

THB Million

1,750 1,962 1,876 1,839 1,880 1,942 1,908 1,929

7,428 7,660

51% 52%

49% 47%

51% 50% 53% 51% 50% 51%

0%

10%

20%

30%

40%

50%

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015

+3% YoY

Personel, 52%

Rental, 18%

Utilities, 8%

Others, 22%

+5% YoY

10

Net Profit

THB Million

EBITDA

In 2015, EBITDA & Net Profit dropped 5% and 9% YoY respectively compared to the previous year

THB Million

EBITDA & Net Profit

747 689 847 1,008 800 847 664 829

3,290 3,139

22% 18%

22% 26%

22% 22% 19%

22% 22% 21%

0%

5%

10%

15%

20%

25%

-

1,000

2,000

3,000

4,000

5,000

1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015

-18% YoY

-5% YoY

468 403 522 650 480 516 365 495

2,042 1,856

13.5%

10.7%

13.7%

16.6%

13.0% 13.4%

10.2%

13.1% 13.7%

12.4%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 2014 2015

-9% YoY

-24% YoY

11

Current Ratio

D/E Ratio

Financial Ratio

Liquidity is at a comfortable level as well as strong capital base to support growth

ROA (%)

ROE (%)

2,198 2,124

12,681 12,998

0.17 0.16

-

0.05

0.10

0.15

-

5,000

10,000

15,000

20,000

31-Dec-14 31-Dec-15

Total Liabilities Shareholders's Equity D/E

4.7 5.2

31-Dec-14 31-Dec-15

13.7% 12.4%

31-Dec-14 31-Dec-15

16.2% 14.5%

31-Dec-14 31-Dec-15

12

Agenda

Company Overview

4Q2015 Key Financial Highlights

Business Update

13

Notable Events in 2015

March 26, 2015

March 27, 2015

June 17, 2015

August 11, 2015

November 27, 2015

December 16, 2015

December 24, 2015

Master Franchise Agreement Signing Ceremony between MK

Restaurant Group Public Company Limited and Premium Food

Company Limited (Lao PDR)

Launched Community Food Mall “London Street” including 5

brands: MK, Yayoi, Miyazaki, Le Siam & Le Petit

Awarded “Best Public Company of the Year 2015” – Agriculture

and Food Industry from “Money & Banking Magazine”

Set up “International Food Supply Co.,Ltd.” with registered share

capital of Baht 100 million being engaged in the manufacture and

distribution of food.

Awarded “ASEAN Excellent Enterprise & Businessman” and

“ASEAN Admired Brand” from Vietnam Quality Association of Ho

Chi Minh City.

Opened the first MK Restaurant and Miyazaki Teppanyaki in

Vientiane, Laos.

Opened the fourth MK Restaurant in Vietnam.

14

Continued expansion strategy with shopping complexes, modern trade stores and community malls covering

nationwide

Outlet Expansion Plan

Plan

No. of New

Outlets in 2016

No. of New

outlets opened

in 2015

4

3

5

3

1 1

4 4 4

5

4

3

MK Yayoi Others

1Q15 2Q15 3Q15 4Q15

20

25

5

MK Yayoi Others

Total 41 branches

15

2015 Marketing Campaign – MK Suki

16

2015 Marketing Campaign – MK Suki

17

2015 Marketing Campaign – Yayoi

18

2015 Marketing Campaign – Yayoi

19