Diamond Building Products PCLCorporate Presentation : Year 2017 Performance

Opportunity Day On Thursday 15 March 2018 at 10.10 – 11.10 at SET Meeting Room 603

Disclaimer

2Note: All currency figures within this presentation are presented in Thai Baht (“THB”) unless otherwise stated.

▪ The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell

or the solicitation of an offer or invitation to purchase or subscribe for share in Diamond Building Products Public Company Limited

(“DRT” and shares in DRT, “shares”) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any

connection with, any contract or commitment whatsoever.

▪ This presentation may include information which is forward-looking in nature. Forward-looking information involve known and

unknown risks, uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the

markets in which DRT operates and general achievement of DRT business forecasts, which will cause the actual results,

performance or achievements of DRT to differ, perhaps materially, from the results, performance or achievements expressed or

implied in this presentation.

▪ This presentation has been prepared by the DRT. The information in this presentation has not been independently verified. No

representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy,

completeness or correctness of the information and opinions in this presentation. None of the DRT or any of its agents or advisers,

or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss

howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.

▪ This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied

upon directly or indirectly for any investment decision-making or for any other purposes.

▪ This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or

in part, be reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws.

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AGENDA

▪ Company Overview

▪ Financial Performance

▪ Business Expansion

▪ Appendix

Company Overview

4

Business Overview

5

▪ Founded in 1985, DRT is one of the top 3 manufacturers and distributors of roofing products in Thailand.

▪ DRT’s core products includes tiles, boards & ceilings, siding boards, roof accessories, and some non-roofing products.

▪ DRT mainly distributes its products through agents (mom&pop shops) and modern trade nationwide.

▪ DRT has continued to grow through product improvement and development and gradual production expansion.

▪ DRT is listed on the Stock Exchange of Thailand (SET) with a market capitalization of approximately THB 5,921 million/1.

Construction materials market share /2

Siam Cement

Group 46%

Mahaphant Group 24%

DRT 16%

KiternitGroup 5%

Others 9%

Source: 1. www.set.or.th as of March 6, 2018. 2. Ministry of Commerce. Based on FY2016 sales value.

Milestones

6

1985 - 1999 2000 - 2009

2014

2005Listed on the Stock Exchange of Thailand (SET)

2012Launched its first non-asbestos fibre cement tile

2002Myriad Materials Co., Ltd became a major shareholder

2006Launched its first non-asbestos tile Jearanai Tile –• Thai Modern

2001Changed the name to Diamond Roofing Tiles Co., Ltd.

2013

▪ Established its firstly owned distribution center (DC), located in Khon Kean

▪ Acquired an autoclaved aerated concrete (AAC) plant in Chiangmai

▪ Launched a new production line of autoclaved aerated concrete (AAC) in Saraburi

2015

1985Established under the name Siam City Tiles and Pipes Co., Ltd.

Launched new products : ▪ Grooved Siding Board

▪ Ventilation Board

▪ Fence

Launched new products : ▪ Jatulon▪ Decorative Floor ▪ Stair Plank

2016

Launched new products : RLC ▪ Diamond Lintel▪ Diamond Kitchen Counter▪ Diamond Door Frame

Launched new Jearanai Tile : ▪ Thai Classic

▪ Elegant

▪ Thai Lanna

Strategic Shareholders

7

Established in 2002 as a holding company to acquire DRT from the previous owner – Siam City Cement

Plc.(SCCC)., Myriad Materials is a major shareholder of DRT, having Srivikorn Family and Pradipasen Family

as major shareholders. As entrepreneurs of various businesses with long and successful records, the families

bring to DRT business know-how’s and expertise in construction and property development markets.

Source: Company estimates as of September 21, 2017.

Myriad Materials

53.2%

Srivikorn and Pradipasen Families

& Management 3.7%

Treasury Shares (DRT) 9.5%

Free-float 33.6%

Foreign

Institutions

0.4%

Thai Institutions

77.1%

Thai Individuals

22.5%

Totaling 66.4%

Production Base

8Source: Company estimate as at March 5, 2018.

Existing production facilities

Future production facilities

Existing distribution center (DC)

Chiangmai

Capacity: 50,000 ton/yr

Product:

▪ Autoclaved aerated

concrete (AAC)

Saraburi

Capacity: 1,000,000 ton/yr

Product:

▪ Tiles

▪ Board and ceiling

▪ Siding board

▪ Autoclaved aerated

concrete (AAC)

Khon Kean

Capacity : 50,000 ton/yr

Product: Tiles

Distribution Center, Khon Kean

Total Capacity FY2018: 1,100,000 ton/yr

Cholburi

Strategies Behind Our Success

9

Product variety &

differentiation

Strong relationship

with distributors

Excellent services

Prudent financial policies

Strong brand awareness

Product delivery with 24 hours with regular training on product handling

and safety

Strong balance sheet yielding

financial flexibility

Extensive distribution

network

Over 6,000 nationwide agents and modern trade

specialties with growing exporting channel

With the main focus in consumer’s needs and satisfaction, product variety and differentiation as

well as value for money are keys to retain and enhance market base.

Product and Service Segmentation

10

Tiles Board and ceiling

CT,Adamas,

Roman tiles, Small

corrugated tile,

Jatulon

Board, Flat sheet, Gypsum, Diamond wall, Autoclaved aerated concrete (AAC)

Siding board

Special products

Siding and Artificial wood

Roof equipment, Foil, Roof paint, Diamond Truss,

Services

Roof stripping and installation

Re-roofing

Sales of Products 92% Service income 8%

Note: 1. Percentage based on FY2017 revenues from sales and services.

New RLC :

▪ Diamond Lintel

▪ Diamond Kitchen

Counter

▪ Diamond Door Frame

Distribution Channels

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16% Modern Trade Leading construction materials and home improvement specialty stores

17% ExportTo 9 Destinations in Asia Region

12% ProjectsDirect sales to leading residential

developers:

▪ Land & House

▪ Pruksa

▪ Supalai

▪ Sansiri

▪ Asia Property

▪ Prinsiri

▪ Golden Residence

Note: Percentage based on value of FY2017 sales.

Laos

Vietnam

Cambodia

China

Myanmar

IndiaTaiwan

Philippines

Malaysia

Agent (mom&pop )

55%

Agent (mom&pop )

FY2016

11%

59%

13%

17%

Logistic System and Trainings

12

Service excellence with timely product delivery and training assistance

▪ Integrated system linking production, inventory, purchase order, and logistics

▪ Reliable product delivery within 24 hours

▪ Full fleet of product delivery via trailers, trucks and overseas shipping

▪ Free trainings for contractors’ employees on product handling &

safety precautious

▪ Assistance on logistics & products storage

Trailers

Trucks

Shipping

Diamond … A Trusted BrandDiamond Brand has been known as a high quality tile for nearly 30 years. Through its consistently seeking customer feedback and

continuous product development, Diamond Brand is now one of the Thailand’s most trusted brands in tile/1.

Source: “BrandAge” Magazine dated February 2016.

เครองหมาย มอก. กระเบองคอนกรตแบบลอน & เรยบ

THAILAND TRUSTED MARKตราสญลกษณรบรองสนคา

ประเทศไทย

BrandAgeFebruary 2017

ISO 9001 : 2015 อนดบ กระเบองมงหลงคา ทนาเชอถอทสดอนดบ

แบรนด% %

2017 2016 2017 2016 +/-2 2 ตราเพชร 17.25 14.56 2.69

อนดบ ไมและวสดทดแทนไม ทนาเชอถอทสดอนดบ

แบรนด% %

2017 2016 2017 2016 +/-4 4 ตราเพชร 7.69 6.31 1.38

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Diamond … A Trusted Brand (“Jearanai Tile”)

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“บานปลกปรด” ไดรบ “รางวลอาคารอนรกษศลปสถาปตยกรรมดเดน” ประจ าป 2558 ประเภทอาคารเคหสถานและบานเรอนเอกชน เมอวนท 10 เมษายน 2558 จาก สมาคมสถาปนกสยาม ในพระบรมราชปถมภ (The Association of Siamese Architects under Royal Patronage of His Majesty the King : ASA)

Source: “BrandAge” Magazine dated January 2012.

Launched new Jearanai Tile in 2016 : 3 Models Jearanai Tile : The original model : Thai Modern

Over decades, DRT has marketed its products through traditional dealers (mom and pop shops). Its strong and aged relationship with these distributors nationwide is one of DRT’s competitive advantages and part of DRT’s continued success.

Distributor … A Strategic Arm

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Financial Performance

16

Financial Highlights

4,4294,250 4,174 4,161 4,185

901747 765 808 774

451289 331 *392 412

0

1,000

2,000

3,000

4,000

5,000

2013 2014 2015 2016 2017

Bt. million

Total revenues EBITDA Net profit

17

% QoQ Growth 2013 2014 2015 2016 2017

Total revenues 12% (4%) (2%) (0.3%) 0.6%

EBITDA (3%) (17%) 2% 6% (4.2%)

Net profit (17%) (36%) 14% 18% 5.0%

Remark : 1Q16 Net Profit analysis

* Included the extra profit from the sale of unused land of Baht 23.12 million.

FY2017 Net Profit analysis

▪ FY2017 Net Profit increased 4.99% YoY, due

to the increase in gross profit margin of 4.11 percent. However, if the extra profit from the

sale of unused land of Baht 23.12 million had not been included in the net profit of

previous year, the net profit would increase of 11.57 percent.

Revenues from Sales and Service

18

FY2017 Total revenues analysis

▪ FY2017 Revenues from sales and Service increased

1% YoY, due to the increase in product sales volumeof 3.33 percent.

Tiles 49%

Board & ceilings

17%

Siding boards

18%

Special products

6%Other

products 2%Service

8%

FY2017 Revenues breakdown

1,160 1,093 941 977

4,118 4,171

0

1,000

2,000

3,000

4,000

5,000

1Q17 2Q17 3Q17 4Q17 FY2016 FY2017

THB million

Tiles Board & ceilings Siding boards Special products Other products Service

YoY

1%

QoQ

4%

843 787 702 699

3,023 3,031

0

1,000

2,000

3,000

4,000

1Q17 2Q17 3Q17 4Q17 FY2016 FY2017

THB million

Raw materials Utilities Depreciation

Labour Services Permanent labour

Raw materials

53%

Utilities 7%

7%Labour

3%

Services 12%

7%

5%Others 6%

FY2017 Costs breakdown

Depreciation

maintenance

Permanent labour

Costs of Sale and Service Breakdown

19

FY2017 Costs analysis

▪ FY2017 Costs of sales and Service increased 0.3% YoY, due to the

increase in transportation cost and increase in the cost of services.

Costs 1Q17 2Q17 3Q17 4Q17 FY2016 FY2017Variable costs 70% 70% 68% 66% 69% 69%Fixed costs 19% 19% 19% 21% 21% 19%Service costs 11% 10% 12% 13% 11% 12%

YoY

0.3%

QoQ

0.4%

149 158 144180

625 631

0

100

200

300

400

500

600

700

1Q17 2Q17 3Q17 4Q17 FY2016 FY2017

THB million

Personnel Promotion Packaging Others

SG&A Expenses

20

YoY

1%

FY2017 SG&A analysis

▪ FY2017 SG&A expenses increased 1% YoY, due to the increase in

salary and benefits of the employees, but there were decreasein marketing and sales promotion expenses.

Personnel46% Promotion

18%

Packaging9%

Others 27%

FY2017 SG&A breakdown

QoQ

25%

317 305 238 281

1,096 1,141

27% 28%25%

28% 27% 27%

-10%

0%

10%

20%

30%

40%

50%

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

1Q17 2Q17 3Q17 4Q17 FY2016 FY2017

% MarginTHB millionGross Profit

Gross profit (LHS) GP Margin/1

Profit Margins

21

YoY

4%

QoQ

18%

QoQ

8%

YoY

4%

QoQ

3%

Gross Profit

EBITDA Net Profit

238 211160 165

808 774

136 11677 83

392 412

20% 19%17% 17%

19%19%

12% 11%8% 8% 9% 10%

-10%

0%

10%

20%

30%

0

200

400

600

800

1,000

1Q17 2Q17 3Q17 4Q17 FY2016 FY2017

% MarginTHB millionEBITDA and Net Profit

EBITDA Net Profit EBITDA Margin/1 Net profit Margin/1

Note: 1. Includes revenues from services and other income.

YoY

5%

136 116 77 70

392 412

296 278

13666

710

822

5 11 34 63

288

92

4 3 2 4 17 12-

142 171

-

278 313

- 50

100 150 200 250 300 350 400 450 500 550 600 650 700 750 800 850 900

1Q17 2Q17 3Q17 4Q17 FY2016 FY2017

THB million

Net Profit CFO Repayment Long Term Interest paid Dividends paid

Cash Flows

22

FY2017 cash flows analysis

▪ FY2017, บรษทฯ มก ำไรสทธ 412 ลำนบำท, มกระแสเงนสดจำกกำรด ำเนนงำน 822 ลำนบำท ซงเพยงพอตอกำรจำยช ำระเงนกระยะยำว เงนปนผล และดอกเบยจำย

Capital Structure

23

FY2017 debt analysis

▪ As at end of FY2017, net interest-bearing

debt to equity was 0.25 times, which isdecreased from end of the previous year, due

to the increase in equity but decrease in debt.

Short-term100%

Interest bearing debt THB 525 million

Average interest rate of 1.78% p.a. as follows• Fixed interest rate of 2.96 % p.a.• Floating interest rate of 1.64-1.67% p.a.

22 57 59 14 28 21 64 69 56 24

610

930

1,486

1,212

838 918678

564 623 525

2,0472,214 2,300

2,2452,324

1,896

2,031

2,0061,912

1,995

0.290.39

0.62

0.53

0.35

0.47

0.30

0.25 0.30

0.25

0.00

0.20

0.40

0.60

0.80

0

500

1,000

1,500

2,000

2,500

3,000

3,500

FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 1Q17 2Q17 3Q17 4Q17

TimesTHB million

Cash & current investment Interest bearing debts Equity Net D/E

100%

Floating

Share Information and Dividend

24Source: www.set.or.th as of March 6, 2018.

Dividend policy is not less than 50% of normal net profit

Par value: THB 1.00

Listed share: 1,048 million shares

Market capitalization: THB 5,921 million

Foreign limit: 49.00%

Share information

Stock price : THB 5.65 per share

P/E 14.38 Times

P/BV 2.97 Times

Dividend yield 6.07%

0.29

0.390.47 0.46

0.53

0.43

0.290.33

0.390.43

0.250.30

0.36 0.38 0.40 0.38

0.27 0.250.30

0.36

86%77% 77%

83%75%

88%93%

76% 77%84%

0%

20%

40%

60%

80%

100%

0.0

0.2

0.4

0.6

0.8

1.0

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

%THB per share

EPS DPS Dividend payout (RHS)

Income Statements

25

P&L Highlight (in THB million) FY2017 FY2016 % YoY change

REVENUES

Revenues from sales and services 4,171 4,118 1.3%

Other incomes 14 43 -68.2%

Total revenues 4,185 4,161 0.6%

COSTS

Costs of sales and services 3,031 3,023 0.3%

Other costs - - 0.0%

Total costs 3,031 3,023 0.3%

Selling and administrative expenses631 625 1.0%

Operating profit 523 514 1.9%

Finance costs 13 19 -32.2%

Income tax 99 103 -3.8%

Net profit 412 392 5.0%

Balance Sheets

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Balance Sheet (in THB million) Dec 31, 2017 Dec 31, 2016 % change

Assets

Cash & cash equivalents 24 21 15.8%

Trade & account receivables 544 592 -8.0%

Inventories 576 622 -7.4%

Other current assets 7 5 45.0%

Total current assets 1,151 1,239 -7.1%

Property, plant, and equipment 1,765 1,892 -6.7%

Non-current assets 101 106 -4.9%

Total assets 3,017 3,238 -6.8%

Liabilities

Short-term loans 525 818 -35.8%

Current portion of long-term loans - 100 -100.0%

Other current liabilities 360 295 22.1%

Total current liabilities 885 1,213 -27.1%

Long-term loans - - 0.0%

Other non-current liabilities 138 129 6.9%

Total liabilities 1,023 1,342 -23.8%

Equities

Retained earnings 1,136 1,037 9.5%

Total equities 1,995 1,896 5.2%

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Business Expansion

Growing with Strategies

28

Revenue Growth

Target ≥ 5% pa.

Gross Profit Margin

25-27%Total Debt to Equity

≤ 1.0x

Growth strategies 2017 - 2019

▪ Expand production capacity and product variety to high margin specialties

▪ Channel sales mix adjustment /1:

Growing the business with prudent financial policy

Modern Trade

12% 15%

Export

18% 20%

Project

11% 15%

Note: 1. Percentage based on total sales.

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Appendix

Marketing Activities : Domestic

30

Corporate Marketing : TV Spot / Radio Spot / In Store Media

31

Radio Spot : 1. คอ...ตราเพชร (Corporate)2. CT / 3. ลอนค / 4. ไมฝา

(รองโดย แมงปอ ชลธชา อารสยาม)

ปม ปตท. Jiffy 150 สาขาทวประเทศ

Printed Advertising

32

33

Billboard

Website : Thai, English, Burmese, Vietnamese, Khmer Facebook : Thai

Youtube;Installation

Site ReferenceTVC

Instagram

Online & Social Media : Website / Facebook / Youtube / Instagram

34

35

Project Reference

36

Marketing Communication : Signboard

37

Catalog & Leaflet

38

Catalog & Leaflet

39

Premium

40

Sale Kit

41

Product Display : Gallery

42

Product Display : Booth

Product Display

Product Display : Stand Show

Modern Trade : Grand Opening

บานและสวนแฟร 2017

Diamond Style Young Designer Contest 2017

47

48

Promotion

49

Product Training : อบรมพนกงานขาย

Product Training : สมมนาชางและสาธตการตดต งสนคา

50

Marketing Activities : Export

51

52

Export Marketing CommunicationsSignboard

53

Export Marketing CommunicationsBanner

54

Export Marketing Communications

Cambodia : Poster Laos : Jatulon Premium

Cambodia : Name card

Cambodia : Installation Manual

Poster / Premium / Leaflet

55

Export Marketing CommunicationsProduct Display / Stand

56

Export Marketing Activities

India : November 2017 : Visit Customer

57

Export Marketing ActivitiesCambodia : November 2017 : Grand Sale & Party

Export Marketing ActivitiesMyanmar : January 2018 : Grand Sale & Party

CG Activities

บรษทฯ ไดรบ ESG-100 เปนองคกรทมความรบผดชอบตอสงคม สงแวดลอมและมธรรมาภบาลจาก สถาบนไทยพฒน และเขาเปนสมาชกเครอขายหนสวนตานทจรตเพอประเทศไทย (PACT Network)

บรษทฯ ไดรบรองการเปนสมาชกของแนวรวมปฏบตของ

ภาคเอกชนไทยในการตอตานทจรต (ACT)

บรษทฯไดรบรางวล Investors’ Choice Award จากสมาคมสงเสรมผลงทนไทย จากการประเมนคณภาพการประชม

สามญผถอหน (AGM) เตม 100 คะแนนตอเนอง 6 ป

บรษทฯ ไดรบรางวล 5 ดาว ( ) กลมดเลศ (Excellent)

บรษทฯ ไดรบ รางวลประเมนคณภาพ AGM ป 2560 เทากบ

97 คะแนน (ดเยยม)

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บรษทฯ รบโลรางวล “หนยงยน 2560” (Thailand Sustainability Investment (THIS) ประจ าป 2560) เนองจากเปนบรษทจดทะเบยนทด าเนนธรกจอยาง

ยงยนโดยค านงถงผมสวนไดสวนเสย

ตลอดจนดแลสงคมและสงแวดลอม

รวมถงบรหารงานภายใตบรรษทภบาลท

ด

CSR Activities 2017ตวแทนบรษทฯไปรบใบประกาศเกยรตคณทไดบรจาคกระเบองหลงคา และสใหกบโรงเรยนเดกพเศษ และบานผ

ยากไร อ.แกงคอย จ.สระบร เพอปรบปรงอาคารเรยนเกาใหกบเดกๆ และสรางบานใหประชาชน

ตราเพชร ดแลพนกงานใสใจชมชน เออเฟอสงคม

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Diamond Building Products Public Company Limited

69-70 Moo 1, Mitraphap Road - km. 115, Tambon Talingchan, Amphur Muang, Saraburi 18000

Tel: 0-3622-4171-8 Fax: 0-3622-4187

Call Center : 0-2619-2333

Website: www.dbp.co.th

THANK YOU

For further information & enquiries, please contact our investor relations at:

Telephone: 0-3622-4171-8 Ext. 193

Email: corpcenter@dbp.co.th

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