UBIS (ASIA) PUBLIC CO.,LTD

Strictly Confidential – not for distribution

Opportunity Day Quarter 1 business

review May 15th , 2019

2

At Glance

3

Basic Information Producer of Can Sealing Compounds and Can Coatings/ Lacquers

1983 Start

Brief Profile

2007 Listed in Stock Exchange

In Thailand

• Employees 125 • Capacity

Can Sealing Compounds (t) 8,000 Can Coatings / Lacquers (t) 6,000

2012 BOI granted “Compound”

2014 Operate from New factory

Company Strategy

5

UBIS Product Range

Compound :

Can Sealing Compound

PVC Plastisol (PVC Compound)

Lacquer :

Can Coating (Lacquer)

6

Product Applications

Tinplate or Tin Free Steel

Aluminum coil stock

Compound Lining machine

UBIS Sealing compound / Lacquer

Beverage Can end

Food Can end

Beverage Can

Food Can

General Line Can

Lacquer coating Line

Sealing Compound

Lacquers

9

10

Marketing Networks Worldwide distribution channels throughout the world

UBIS , Thailand

Vita International Trading

Gangzhou), wholly owned

subsidiary and sole distributor

in China

UBIS exports products directly to customers

and through agents in all regions

Export of Canned products from Thailand

2019 VS 2018 By Weight

Jan-Mar'19 127,761 36,125 163,886 69,419 24,852 94,271 258,157

Jan-Mar'18 114,233 30,922 145,155 83,203 26,127 109,330 254,484

Canned Fruit

Total

Canned

Food

%Change

1.44%

Ton Canned TunaCanned Oth

Seafood

Canned

Tuna &

Seafood

Canned

Pineapple

Canned Oth

Fruit

Financial Information

15

-

10,000

20,000

30,000

40,000

50,000

Expenses Selling Admin FX Fin Cost

Expenses

Q1.2018

Q1.2019

Q1.2018 % Q1.2019 % เพิ่มขึน้ (ลดลง) %

Expenses

46,683

21.86 43,547

18.40

(3,136)

(6.72)

Selling

21,974

10.29 22,010

9.30

36

0.16

Administrative

18,709

8.76 20,367

8.60

1,657

8.86

Other expenses

3,028

1.42 78

0.03

(2,950)

(97.43)

Fin Cost

2,971

1.39 1,092

0.46

(1,878)

(63.23)

Financial Performance

16

-

50,000

100,000

150,000

200,000

250,000

Revenue Cost of sales Gross margin Expenses Net profit

Q1.2018

Q1.2019

Q1.2018 % Q1.2019 % เพิ่มขึน้ (ลดลง) %

Revenue

213,552

100.00

236,732

100.00

23,180

10.85

Cost of sales

136,845

64.08

152,632

64.47

15,787

11.54

Gross margin

76,707

35.92

84,100

35.53

7,393

9.64

Expenses

46,683

21.86

43,547

18.40

(3,136)

(6.72)

Net profit

27,897

13.06

35,928

15.18

8,031

28.79

Financial Performance

Financial Ratio

Ratio Q1-18 Q1-19

Current Ratio 1.23 2.03

ROA -57.9% 22.7%

ROE -183.8% 38.1%

D/E Ratio 1.42 0.59

GP Margin % 35.9% 35.5%

EBIT Margin% 16.1% 18.0%

NP% 13.0% 15.1%

Balance Sheet

Q1-18 Q1-19 Diff % CA 481,173 461,222 -19,951 (4.15) NCA 221492 219,591 -1,901 (0.86)

702,665 680,813 -21,852 (3.11)

CL 285,332 226,647 -58,685 (20.57) NCL 26,044 26,949 905 3.47 Equity 391,289 427,217 35,928 9.18

702,665 680,813 -21,852 (3.11)

Company Key Strategy - 2019

• Focus on the growth both domestic and export market • Develop new products and expand business in new market (South America) • More brand owners qualification

UBIS : ACTIVITIES - 2019

AGM -2019

UBIS : ACTIVITIES - 2019

• Business trip to South America (follow up existing markets and visit potential distributors in Argentina

• Attend Asia Cantec conference in Thailand (October) • AOSD 10th Conference in China (November)