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Transcription:

COMPANY PROFILE Information as at 3Q16

VISION To be A Leading Hospitality, Restaurant Operator and Lifestyle Brand Retailer through the delivery of branded products and services that provide 100% satisfaction to all stakeholders Customer Focus Result Oriented People Development Innovative Partnership Overview 2

MINT - KEY MILESTONES Acquired in Australia 50% stake in Thailand 50% stake in 49% stake in Joint venture with Founded RGR, MFG and MINOR listed Launched 70% stake in 50% stake in Launched 80% stake in 95% stake in 80% stake in In African Assets 49% Investment in hotel & mixed use project in Maputo, Mozambique 25% Investment in Pemba, Matemo and Medjumbe Acquired additional stake from in hotels in Zambia Acquired remaining 7 hotels & brand 1978 1980 1988-9 2000 2001 2003 2008 2009 2010 2011 2012 2013 2014 2015 2016 Founded MFG launched M&A of RGR and MFG and became Completed group business restructuring; Delisted Acquired remaining 30% stake in Increased stake to 31% in 25% Investment in 80% stake in Acquired 7 hotels Invested in Acquired 50% stake of Increased stake to 69.2% in Launched & Niyama, Maldives 11% stake in Acquired Oaks Darwin 100% stake in Acquired Acquired additional 20% stake in Overview 3

MINT - CONSISTENT GROWTH TOTAL REVENUES THB Million 50,000 40,000 30,000 20,000 10,000-2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 THB Million 80,000 ASSETS 60,000 40,000 20,000 - THB Million 200,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 MARKET CAP 150,000 100,000 50,000-2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Overview 4

MINT - TODAY Hotel Equity-Owned Hotel and Serviced Suites Management Spa MINOR HOTELS Plaza & Entertainment Residential Development Point-Based Vacation Club MINOR FOOD Casual Dining Restaurants Equity-Owned Franchised Cheese & Ice-Cream Manufacturing Shared Services Overview 5

REVENUE & PROFIT CONTRIBUTION BY BUSINESS GROUPS 2015 REVENUE CONTRIBUTION 2015 EBITDA CONTRIBUTION 2015 NPAT CONTRIBUTION Minor Lifestyle 8% Minor Food 41% Minor Lifestyle 3% Minor Food 33% Minor Lifestyle 3% Minor Food 34% 51% 64% 64% 5Y AVG REVENUE CONTRIBUTION 5Y AVG EBITDA CONTRIBUTION 5Y AVG NPAT CONTRIBUTION Minor Lifestyle 9% Minor Food 42% Minor Lifestyle 3% Minor Food 33% Minor Lifestyle 3% Minor Food 36% 49% 64% 61% Note: Excluding special gains from revaluation of investments in (1) Sun International, Oaks Elan Darwin and Minor DKL of THB 2,335 million in 2015; (2) Serendib Hotels Plc of THB 87 million (before tax) in 2014, and (3) S&P of THB 1,054 million, netted off with impairment charge of China business of THB 93 million in 2011. Overview 6

MINT S PRESENCE Enhance profile, reputation & recognition with 155 hotels and serviced suites, 1,928 restaurant outlets and 62 spas in 32 countries. Saudi Arabia Bahrain Qatar UAE Oman China UK Korea Portugal Egypt Myanmar Kenya Tanzania Laos Vietnam Zambia Botswana Namibia Lesotho Cambodia Malaysia Singapore Indonesia Australia Seychelles As of Jul 2016 Brazil Mozambique Maldives India Sri Lanka New Zealand Overview 7

MINOR HOTELS To be the Leading Hospitality Partner Maximizing Stakeholder Value 8

MLR* PURELY MANAGED JOINT VENTURE MAJORITY- OWNED HOTEL PORTFOLIO November 2016 Thailand THAILAND Outside Thailand OUTSIDE THAILAND 7 Anantara 3 AVANI 1 JW Marriott 3 Four Seasons 1 St. Regis 5 Anantara (Maldives, Vietnam, Cambodia, Sri Lanka & Zambia) 5 AVANI (Sri Lanka, Vietnam Botswana, Namibia & Zambia) 2 Oaks (Australia) 13 Tivoli (2 Brazil & 11 Portugal) 6 Anantara (2 Maldives, 3 Mozambique & 1 Sri Lanka) 5 AVANI (1 Vietnam, 1 Sri Lanka, 1 Mozambique & 2 Lesotho) 8 Elewana (Tanzania & Kenya) 4 Cheli & Peacock (Kenya) 1 PER AQUUM (Maldives) 1 Naladhu (Maldives) 2 Serendib (Sri Lanka) 1 Radisson Blu (Mozambique) 6 Anantara 1 Oaks 2 AVANI 14 Anantara (2 Bali, 1 Vietnam, 2 China, 2 Oman, 1 Qatar & 6 UAE) 3 AVANI (Malaysia, UAE & Seychelles) 2 Cheli & Peacock (Kenya) 2 Elewana (Kenya) 3 PER AQUUM (Tanzania, Maldives & UAE) 1 Oaks (UAE) 2 Tivoli (Portugal & Qatar) 51 Oaks (47 Australia, 3 New Zealand & 1 Dubai) * MLR is Management Letting Rights (Management of Serviced Suites) 9

HOTEL PORTFOLIO 155 PROPERTIES WITH 19,797 ROOMS IN 23 COUNTRIES Hotel Name Country # Rooms Anantara Riverside Bangkok Thailand 408 Anantara Siam Bangkok Thailand 354 Anantara Hua Hin Thailand 187 Anantara Golden Triangle Elephant Camp Thailand 72 Anantara Bophut Koh Samui Thailand 106 Anantara Mai Khao Phuket Villas Thailand 83 Anantara Layan Phuket Thailand 77 Anantara Angkor Cambodia 39 Anantara Kihavah Maldives Villas Maldives 79 Anantara Hoi An Vietnam 94 Anantara Kalutara Sri Lanka 141 Royal Livingstone by Anantara Zambia 173 AVANI Riverside Bangkok Thailand 248 AVANI Pattaya Thailand 298 AVANI Gaborone Botswana 196 AVANI Windhoek Namibia 173 AVANI Kalutara Sri Lanka 105 AVANI Quy Nhon Vietnam 63 AVANI Victoria Falls Zambia 212 Oaks Grand Gladstone Australia 144 Oaks Elan Darwin Australia 301 Tivoli São Paulo - Mofarrej Brazil 217 Tivoli Ecoresort Praia do Forte Brazil 287 Tivoli Lisboa Portugal 306 Tivoli Marina Vilamoura Portugal 383 Tivoli Marina Portimao Portugal 196 Tivoli Carvoeiro Portugal 293 Tivoli Oriente Portugal 279 Tivoli Victoria Portugal 280 Tivoli Palacio de Seteais Portugal 30 Tivoli Jardim Portugal 119 Tivoli Lagos Portugal 324 Tivoli Sintra Portugal 77 Tivoli Coimbra Portugal 100 Four Seasons Chiang Mai Thailand 76 Four Seasons Tented Camp Golden Triangle Thailand 15 Four Seasons Koh Samui Thailand 60 JW Marriott Phuket Thailand 265 The St. Regis Bangkok Thailand 224 Elements Boutique, Koh Samui (to be rebranded to AVANI in 2017) Thailand 34 Majority Owned 40 7,118 Hotel Name Country # Rooms Anantara Veli Maldives Maldives 67 Anantara Dhigu Maldives Maldives 110 Anantara Bazaruto Island Mozambique 44 Anantara Medjumbe Island Mozambique 12 Anantara Matemo Island Mozambique 24 Anantara Peace Haven Tangalle Sri Lanka 152 AVANI Pemba Beach Mozambique 185 AVANI Lesotho Lesotho 158 AVANI Maseru Lesotho 105 AVANI Bentota Sri Lanka 75 AVANI Hai Phong Harbour View Vietnam 122 Club Hotel Dolphin Sri Lanka 154 Hotel Sigiriya Sri Lanka 79 Naladhu Maldives Maldives 20 PER AQUUM Niyama Maldives 134 Arusha Coffee Lodge Tanzania 30 Serengeti Migration Camp Tanzania 20 Tarangire Treetops Tanzania 20 The Manor at Ngorongoro Tanzania 20 Kilindi Zanzibar Tanzania 14 Serengeti Pioneer Camp Tanzania 12 Sand River Masai Mara Kenya 16 AfroChic Diani Beach Kenya 10 Tortilis Camp Amboseli Kenya 18 Elsa's Kopje Meru Kenya 11 Joy's Camp Shaba Kenya 10 Elephant Pepper Camp Masai Mara Kenya 10 The Radisson Blu Mozambique 154 Joint Venture 28 1,786 Australia 5,928 Oaks Hotels & Resorts New Zealand 264 UAE 168 Management Letting Rights 51 6,360 Hotel Name Country # Rooms Anantara Sikao Thailand 139 Anantara Baan Rajprasong Bangkok Thailand 97 Anantara Lawana Koh Samui Thailand 122 Anantara Sathorn Bangkok Thailand 310 Anantara Rasananda Koh Phangan Thailand 64 Anantara Chiang Mai Thailand 84 Anantara Sanya China 122 Anantara Xishuangbanna China 103 Anantara Seminyak Bali Indonesia 60 Anantara Uluwatu Bali Indonesia 74 Anantara Al Jabal Al Akhdar Oman 115 Al Baleed Salalah by Anantara Oman 136 Banana Island Doha by Anantara Qatar 141 Desert Islands by Anantara UAE 64 Qasr Al Sarab Desert by Anantara UAE 206 Eastern Mangroves by Anantara UAE 222 Anantara Sir Bani Yas Island Al Yamm UAE 30 Anantara Sir Bani Yas Island Al Sahel UAE 30 Anantara The Palm Dubai UAE 293 Anantara Mui Ne Vietnam 90 AVANI Atrium Bangkok Thailand 568 AVANI Khon Kaen Thailand 196 AVANI Sepang Goldcoast Malaysia 315 Souq Waqif Boutique Qatar 183 AVANI Seychelles Barbarons Seychelles 124 AVANI Deira Dubai UAE 216 Oaks Bangkok Sathorn Thailand 115 Oaks Liwa Executive Suites UAE 54 Essque Zalu Zanzibar Tanzania 49 PER AQUUM Huvafen Fushi Maldives 44 PER AQUUM Desert Palm UAE 39 Lewa Safari Camp Kenya 13 Kitich Camp Mathews Forest Kenya 6 Loisaba Tented Camp Kenya 12 Loisaba Star Beds Kenya 4 The Residences at Victoria (Tivoli) Portugal 93 Purely Managed 36 4,533 10

EXPANDING THE FOOTPRINT OF ANANTARA Indigenous Discovery Grounded Expertise 11

A CONTEMPORARY HOTEL BRAND OF AVANI AVANI is a response to an increasingly influential group of discerning travelers: those who appreciate good design and demand excellent service, but who also appreciate value for money. 12

ADDING OTHER LUXURY BOUTIQUE HOTEL BRANDS Much More than Just a Promise Inspired by a New Attitude Passionate, Visionary, Imaginative, Naturally Modern Lodges, Camps & Hotels in Harmony with Africa 13

OAKS HOTELS & RESORTS Oaks is one of the largest hotel and resort operators in Australia, with over 50 properties and 6,300 rooms under management throughout Australia, NZ, Thailand and UAE. Darwin Oaks Elan Darwin Broome Oaks Broome Oaks Cable Beach Sanctuary Adelaide Oaks Embassy Oaks Horizons Oaks Precinct Port Douglas Oaks Lagoons Glenelg Oaks Liberty Towers Oaks Plaza Pier Melbourne Oaks on Collins Oaks on Lonsdale Oaks on Market Oaks on William Oaks South Yarra Oaks WRAP on Southbank Oaks Southbank Moranbah Oaks Moranbah Middlemount Oaks Middlemount Caloundra Oaks Oasis Ipswich Oaks Aspire Apartments Townsville Oaks Gateway on Palmer Oaks M on Palmer Mackay Oaks Rivermarque Oaks Carlyle Gladstone Oaks Grand Gladstone Sunshine Coast Oaks Seaforth Resort Redcliffe Oaks Mon Komo Goldcoast Oaks Calypso Plaza Port Stephens Oaks Pacific Blue Resort Oaks Lure The Entrance Oaks Waterfront Resort Hunter Valley Oaks Cypress Lakes Resort Sydney Oaks Goldsbrough Apartments Oaks Castlereagh Oaks Hyde Park Plaza Oaks Trafalgar Oaks Harmony Oaks Grand Apartment Australia Brisbane Oaks istay River City Oaks 212 Margaret Oaks Aurora Oaks Casino Towers Oaks Charlotte Towers Oaks Felix Oaks Festival Towers Oaks Lexicon Apartments Oaks Mews Oaks The Milton Brisbane Oaks Woolloongabba Auckland Auckland Harbour Oaks New Zealand Queenstown Oaks Club Resort Oaks Shores UAE Dubai Oaks Liwa Heights Abu Dhabi Oaks Liwa Executive Suites Thailand Bangkok Oaks Bangkok Sathorn 14

MINOR HOTELS KEY STATISTICS 2015 REVENUE BREAKDOWN BY BRAND* Management fee, 6% Share Profit, 3% Others, 11% Marriott, 8% Four Seasons, 10% *Audited revenue excluding mixed-use OAKS 23% OF MINOR HOTELS REVENUES IN 2015 Anantara, 26% Oaks, 31% Avani, 5% OWNED HOTELS 49% OF MINOR HOTELS REVENUES IN 2015 THB Occupancy 10,000 80% 68% 67% 66% 8,000 58% 59% 60% 7,028 6,385 6,583 6,035 6,000 5,377 40% 4,000 4,372 3,977 4,168 4,393 3,133 20% 2,000 0% 2011 2012 2013 2014 2015 Occupancy ADR RevPar MANAGED HOTELS 4% OF MINOR HOTELS REVENUES IN 2015 AUD 200 150 100 50 Occupancy 79% 77% 78% 76% 76% 80% 157 160 161 164 168 124 123 126 124 127 60% 40% 20% THB 10,000 8,000 6,000 4,000 2,000 58% 55% 49% 54% 6,748 4,831 5,047 5,594 3,227 3,737 2,375 2,748 Occupancy 63% 60% 7,038 40% 4,400 20% 0 2011 2012 2013 2014 2015 0% 0 2011 2012 2013 2014 2015 0% Occupancy ADR RevPar Occupancy ADR RevPar 15

PLAZA & ENTERTAINMENT MINT owns and operates three shopping plazas: Riverside Plaza Bangkok Royal Garden Plaza Pattaya Turtle Village Phuket MINT also operates seven entertainment outlets 16

SPA PORTFOLIO November 2016 No. Hotel Country No. Hotel Country Spa portfolio consists of 62 spas in 18 countries 1 Anantara Bophut Koh Samui Thailand 2 Anantara Chiang Mai Thailand 3 Anantara Golden Triangle Elephant Camp Thailand 4 Anantara Hua Hin Thailand 5 Anantara Lawana Koh Samui Thailand 6 Anantara Layan Phuket Thailand 7 Anantara Phuket Villas Thailand 8 Anantara Rasananda Koh Phangan Villas Thailand 9 Anantara Riverside Bangkok Thailand 10 Anantara Sathorn Bangkok Thailand 11 Anantara Siam Bangkok Thailand 12 Anantara Sikao Thailand 13 AVANI Riverside Bangkok Thailand 14 AVANI Pattaya Thailand 15 AVANI Khon Kaen Thailand 16 JW Marriott Phuket Thailand 17 The St. Regis Bangkok Thailand 18 Elements Boutique (to be rebranded to AVANI in 2017) Thailand 19 Dusit Thani Krabi Beach Resort Thailand 20 The Royal Orchid Sheraton Bangkok Thailand 21 Anantara Angkor Cambodia 22 Anantara Sanya China 23 Anantara Xishuangbanna China 24 Anantara Seminyak Bali Indonesia 25 Anantara Uluwatu Bali Indonesia 26 Anantara Dhigu Maldives 27 Anantara Kihavah Maldives Villas Maldives 28 Anantara Veli Maldives Maldives 29 Anantara Bazaruto Island Mozambique 30 Anantara Medjumbe Island Mozambique 31 Anantara Al Jabal Al Akhdar Oman 32 Anantara Doha Island Qatar 33 Anantara Kalutara Sri Lanka 34 Anantara Peace Haven Tangelle Sri Lanka 35 Anantara The Palm Dubai UAE 36 Desert Islands by Anantara UAE 37 Eastern Mangroves by Anantara UAE 38 Qasr Al Sarab Desert by Anantara UAE 39 Anantara Hoi An Vietnam 40 Anantara Mui Ne Vietnam 41 Royal Livingstone by Anantara Zambia 42 AVANI Sepang Goldcoast Malaysia 43 AVANI Pemba Beach Mozambique 44 Souq Waqif Boutique Qatar 45 AVANI Seychelles Barbarons Seychelles 46 AVANI Bentota Sri Lanka 47 AVANI Hai Phong Harbour View Vietnam 48 AVANI Quy Nhon Vietnam 49 Naladhu Maldives Maldives 50 PER AQUUM Desert Palm UAE 51 PER AQUUM Huvafen Fushi Maldives 52 PER AQUUM Niyama Maldives 53 Essque Zalu Zanzibar Tanzania 54 Tivoli Mofarrej - São Paulo Brazil 55 Sheraton Sanya Resort China 56 The Puli Hotel & Spa China 57 JW Marriott Cairo Egypt 58 Sheraton Seoul D Cube City Korea 59 Hyatt Regency Dar es Salaam Tanzania 60 Meliá Zanzibar Tanzania 61 Park Hyatt Zanzibar Tanzania 62 Emirates Palace Hotel UAE 17

ANANTARA VACATION CLUB MINT introduced Anantara Vacation Club (point-based vacation club project) in December 2010, with inventory in Samui, Phuket, Bangkok, Bali, Queenstown and China. Additional destinations will be added to the inventory over the years. 18

RESIDENTIAL PROPERTY DEVELOPMENT THE RESIDENCES BY ANANTARA, LAYAN, PHUKET 15 uniquely designed pool villas adjacent to Anantara Phuket Layan Resort & Spa ANANTARA CHIANG MAI SERVICED SUITES 44 units in 7-storey condominium building across from Anantara Chiang Mai Resort & Spa, expected to be launched in mid 2016 53 residences & penthouses on top of 224 hotel rooms in a 47-storey building on Rajdamri 14 luxury villas adjacent to Four Seasons Koh Samui 19

MINOR HOTELS FINANCIAL PERFORMANCE THB Million 24,304 Revenue 12,657 16,390 17,977 19,328 EBITDA 3,313 4,535 5,206 5,647 6,816 EBITDA Margin 26.2% 27.7% 29.0% 29.2% 28.0% 28.9%* 26.0%* 3,679 NPAT 1,158 1,940 2,449 2,669 Net Margin 9.1% 11.8% 13.6% 13.8% 15.1% 13.5%* 12.7%* 2011 2012 2013 2014 2015 * Excluding special gains from revaluation of investments in (1) Sun International and Oaks Elan Darwin of THB 670 million in 2015, and (2) Serendib Hotels Plc of THB 87 million (before tax) in 2014. 20

MINOR FOOD To be A Global Food Service Operator of Leading Brands that provide 100% satisfaction to all stakeholders

MINOR FOOD PORTFOLIO 3Q16 # OF OUTLETS THAILAND Thailand INTERNATIONAL International Brand No. of Outlet Equity Franchise Equity Franchise 376 226 80-70 325 129 161 14 21 58 47-11 - 413 232 181 - - 69 66-3 - 438 24-27 387 Ribs & Rumps 13 - - 9 4 101 6-74 21 Riverside 58 - - 58-30 30 - - - Others 47 38-9 - Total Equity 1,003 798-205 - Total Franchise 925-422 - 503 Grand Total 1,928 1,220 708 Minor Food 22

CHEESE & ICE-CREAM MANUFACTURING Two manufacturing plants producing over 20,000 tons of cheese and ice-cream per annum Minor Food 23

MINOR FOOD KEY STATISTICS 2015 REVENUE BREAKDOWN BY BRAND* NUMBER OF OUTLETS Riverside, 13% Thai Express, 14% The Coffee Club, 6% Others, 5% The Pizza Company, 22% Swensen's, 13% 2,000 1,600 1,200 800 400 1,257 1,381 1,544 1,708 1,851 Burger King, 6% Dairy Queen, 8% * Audited revenue Sizzler, 13% - 2011 2012 2013 2014 2015 SAME-STORE-SALES GROWTH TOTAL-SYSTEM-SALES GROWTH 2013 REVENUE CONTRIBUTION 10.0% 9.0% 20.0% 8.0% 6.0% 4.0% 5.5% 15.0% 10.0% 14.1% 15.1% 13.8% 13.1% 11.2% 2.0% 0.0% 1.5% 0.4% -0.2% 2011 2012 2013 2014 2015 5.0% 0.0% 2011 2012 2013 2014 2015 Minor Food 24

MINOR FOOD FINANCIAL PERFORMANCE THB Million 20,339 12,751 13,192 15,343 16,754 Revenue 4,792 EBITDA 2,884 2,238 2,759 2,817 EBITDA Margin 22.6% 16.4%* 17.0% 18.0% 16.8% 23.6% 16.7%* 3,237 NPAT 1,833 1,180 1,501 1,550 Net Margin 14.4% 7.4%* 2011 8.9% 9.8% 9.2% 15.9% 8.4%* 2012 2013 2014 2015 * Excluding special gains from revaluation of investments in (1) Minor DKL of THB 1,665 million in 2015 and (2) S&P of THB 1,054 million, netted off with impairment charge of China business of THB 93 million in 2011 Minor Food 25

OTHERS MINOR LIFESTYLE PORTFOLIO 3Q16 FASHION APPARELS COSMETICS # Outlets 104 85 21 7 5 3 4 33 7 TOTAL 269 HOUSEHOLD # Outlets 1 # Outlets 22 CONTRACT MANUFACTURING Manufacturing of acid-based fast-moving consumer goods 100K Tons / Year - Minor Lifestyle 26

MINOR LIFESTYLE STATISTICS & FINANCIAL PERFORMANCE SAME-STORE-SALES GROWTH FINANCIAL PERFORMANCE 20.0% 14.6% THB Million 3,412 3,616 3,699 3,505 10.0% Revenue 2,923 0.0% 0.3% -2.1% -10.0% -8.1% -6.3% 2011 2012 2013 2014 2015 TOTAL-SYSTEM-SALES GROWTH EBITDA 4 289 338 384 300 20.0% 10.0% 0.0% 18.9% 14.6% 11.9% 3.8% EBITDA Margin NPAT 0.2% 8.5% 123 9.3% 10.4% 8.6% 151 183 124-10.0% -3.3% 2011 2012 2013 2014 2015 Net Margin -110-3.8% 2011 3.6% 2012 4.2% 4.9% 3.5% 2013 2014 2015 Minor Lifestyle 27

KEY FINANCIAL HIGHLIGHTS

RESILIENCY OF THAILAND vs. MINT S RESPONSIVE STRATEGIES Since 2000, Thailand has gone through several challenges, driven by both domestic and global factors. Geographical diversification and new initiatives including mixed-use development have proven to mitigate the risks, with MINT reporting profit all along. 2000 2005 Acquired Minor Food Group Launched own Pizza brand, The Pizza Company and opened TPC and SZ in China Launched own hotel brand, Anantara Entered into a JV to operate 3 hotels in the Maldives Launched the first timeshare project in Asia with Marriott 2006 2009 Acquired Minor Corporation Invested in S&P Thailand, The Coffee Club Australia and Thai Express Singapore Entered into a JV with Serendib Sri Lanka and Elewana Africa Launched the first residential project, the Estates Samui Opened the first two overseas purely managed hotels in Bali and Abu Dhabi 2010 2015 Invested in Beijing Riverside & Courtyard China and in Ribs and Rumps and VGC in Australia Invested in hotels in Sri Lanka, Phuket, Vietnam, Cambodia, Zambia, Namibia, Botswana, Lesotho and Mozambique, in Oaks Hotels & Resorts Australia, 50% in Per AQUUM brand, in Tivoli Hotels & Resorts in Portugal and Brazil Launched AVANI brand, Anantara Vacation Club, point-based timeshare project, and the third residential project, The Residences by Anantara Layan, Phuket 30% 15% MINT s Diversification Strategy SARS Tsunami Bangkok Coup Sub-prime Crisis Airport Closure Pattaya Riot Rajprasong Riot Flooding Bangkok Shutdown Coup Erawan Bombing THB Million 6,000 4,500 3,000 1,500 0% -15% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 MINT's NPAT % Change in Private Consumption % Change in Tourist Arrival Source: Office of The National Economic and Social Development Board and Bank of Thailand - (1,500) (3,000) Financial Highlights 29

MINT FINANCIAL HIGHLIGHTS - SIZE TOTAL REVENUE NET PROFIT THB Million 50,000 40,000 30,000 20,000 28,332 32,993 36,936 39,787 48,149 THB Million 8,000 6,000 4,000 2,880 3,423 4,101 4,402 7,040 10,000 2,000-2011 2012 2013 2014 2015-2011 2012 2013 2014 2015 TOTAL ASSETS TOTAL EQUITY THB Million 100,000 95,737 THB Million 40,000 35,915 80,000 60,000 40,000 41,623 51,721 60,124 74,279 30,000 20,000 14,935 19,062 26,875 30,024 20,000 10,000-2011 2012 2013 2014 2015-2011 2012 2013 2014 2015 Financial Highlights 30

MINT FINANCIAL HIGHLIGHTS - PROFITABILITY EBITDA MARGIN NET MARGIN 30% 20% 10% 19.2%* 22.1%* 20.9%* 7.0%* 10.9%* 10.3%* 21.9% 24.7% 21.4% 22.5% 22.2% 15% 14.6% 11.1% 11.1% 10.2% 9.8% 10% 5% 0% 2011* 2012 2013 2014 2015 0% 2011* 2012 2013 2014 2015 10% 8% 6% 4% 2% RETURN ON ASSETS RETURN ON EQUITY 5.2%* 6.4%* 5.5%* 25% 13.4%* 15.2%* 14.3%* 8.3% 21.4% 7.7% 20.1% 7.3% 19.1% 6.9% 20% 17.9% 6.6% 15.5% 15% 10% 5% 0% 2011* 2012 2013 2014 2015 0% 2011* 2012 2013 2014 2015 * Excluding special gains from revaluation of investments in (1) Sun International, Oaks Elan Darwin and Minor DKL of THB 2,335 million in 2015; (2) Serendib Hotels Plc of THB 87 million (before tax) in 2014, and (3) S&P of THB 1,054 million, netted off with impairment charge of China business of THB 93 million in 2011. Financial Highlights 31

MINT FINANCIAL HIGHLIGHTS - OTHERS INTEREST-BEARING D/E INTEREST COVERAGE x x 1.5 1.2 0.9 0.6 1.3 1.3 0.9 1.1 1.3 8.0 6.0 4.0 5.5 5.2 6.7 5.5 5.8 0.3 2.0 0.0 2011 2012 2013 2014 2015 0.0 2011 2012 2013 2014 2015 CURRENT RATIO DIVIDEND PER SHARE AND PAYOUT RATIO x 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2-0.9 1.1 1.0 1.0 1.5 THB 0.40 0.30 0.20 0.10 44.8% * 0.10 0.15 Cash Stock Payout Ratio 0.10 32.0% 33.5% 35.6% * 0.30 0.35 0.25 32.7% * - 0% 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 * EPS calculation excludes special gains from revaluation of investments in (1) Sun International, Oaks Elan Darwin and Minor DKL in 2015; (2) Serendib Hotels Plc in 2014, and (3) S&P, netted off with impairment charge of China restaurant business in 2011 0.35 60% 40% 20% Financial Highlights 32

OTHER CORPORATE INFORMATION OTHER CORPORATE INFORMATION

SHAREHOLDERS & MANAGEMENT SHAREHOLDING STRUCTURE Royal Family 4% Others 6% MANAGEMENT STRUCTURE Thai Fund 13% MINOR Group 34% Osathanugrah Group 9% As of 30 Sep 2016 THB 60 50 40 30 20 10 0 2000 Investment As of 30 Sep 2016 Cash Dividend Foreign Fund 34% SHAREHOLDERS RETURN Stock Dividend Warrants Capital Gain YTD Value 5 7 2 3 1 4 6 8 1. William E. Heinecke Chairman and Group Chief Executive Officer 2. Paul Charles Kenny Chief Executive Officer of Minor Food 3. Dillip Rajakarier Chief Operating Officer of Minor International Chief Executive Officer of 4. Patamawalai Ratanapol Chief People Officer of Minor International Chief Operating Officer of Minor Food 5. James Richard Amatavivadhana Chief Executive Officer of Minor Lifestyle 6. Brian James Delaney Corporate Chief Financial Officer 7. Stephen Chojnacki Chief Commercial Officer and General Counsel 8. John Scott Heinecke Chief Operating Officer / Hot Chain of Minor Food Corporate Information 34

SUSTAINABILITY DEVELOPMENT Creating Harmony Managing Environmental Impact We aim to produce a positive impact on the environment and communities where our operations are located Creating a Way of Life Creating Tomorrow Engaging in End-to-End Customer Experience Our aspiration is to create a memorable experience for our customers, by delivering our best products and services that provide 100% satisfaction Committing to Long-term and Sustainable Partnerships We focus on value-adding collaboration by committing to long-term and sustainable partnerships that generate positive economic and social impact Driving People Development We create a better and brighter future for our employees, local youth and children by developing and harnessing their human capital potential Fostering Social Responsibility Mindset We foster a social responsibility mindset amongst our employees, who would also exemplify our Drive Culture with their contributions to society Practicing Good Corporate Governance We cultivate a corporate culture that practices good governance to ensure the company s long-term growth and sustainability Corporate Information 35

RECENT AWARDS Anantara Kihavah Maldives Villas: No. 1 Resort in the Indian Ocean by Conde Nast Traveler, 2016 Burger King: Best Operation Excellence and Best Restaurant Excellence in Asia Pacific 2015 from Burger King Asia Pacific Overall Performance & Corporate Best Managed Company Leisure Asia 2015, Euromoney Overall Best Managed Company in Thailand: Mid Cap, Asia Money Asia s Best CEO (Investor Relations) 2015, Corporate Governance Asia No. 2 Thailand s Best CEO and Best at Investor Relations 2016, FinanceAsia 2016 Best CEO and Best Investor Relations Program in Consumer by Sell-Side Analysts, Institutional Investor Thailand Sustainability Investment 2015, Stock Exchange of Thailand (SET) CSR Excellence Recognition 2015 (Gold Level), American Chamber of Commerce) Included in Dow Jones Sustainability Emerging Market Index (DJSI) 2016 in Hotels, Resorts & Cruise Lines Industry for three consecutive years 2016 Conde Nast Traveler Readers Choice Awards o Anantara Kihavah Maldives Villas No. 1 Resort in the Indian Ocean and No. 2 Resort in the World, 2016 o o Qasr Al Sarab Desert by Anantara Top 3 Resort in the Middle East Anantara The Palm Dubai Top 3 Resort in the Middle East Conde Nast Traveller China o o Anantara Hua Hin 2015 Gold List Anantara Chiang Mai 2015 Gold List Anantara Hotels & Resorts 2015 Best Hotel Chain, National Geographic Traveler Awards Russia Minor Food Minor Food Group Excellence in Practice, Association for Talent Development Burger King Best Operation Excellence and Best Restaurant Excellence in Asia Pacific 2015, Burger King Asia Pacific Dairy Queen Golden Crown Sales Achievement Award, International Dairy Queen Corporate Information 36