OPPORTUNITY DAY

Q2’2017

01

02

03

04

05

06

07

08

Background and Business (Available in Appendix)

Financial Statement

Business Outlook

Appendix

01

02

03

04

05

06

07

08

Background and Business( A V A I L A B L E I N A P P E N D I X )

Financial Statement

17.9%

17.2%

2Q2017 2Q2016

NP Margin (%)

31.5

26.1

2Q2017 2Q2016

NPAT (MB)

Consolidated Earning 2Q17 (3-month) Sa le

- Inc re a se d sa l e s we re b rought by 5 ne w

b ranche s a f t e r Q2 2 0 1 6

EBIT & Net P rof i t

- EB IT and ne t p ro f i t shoo t up f rom ne w

branche s ’ sa l e s and cos t m anage m e nt

wi th e f f i c i e ncy v i a e conom y o f s ca l e .

Seasona l r aw mate r i a l cos t s we re we l l

unde r con t ro l .

- F inanc i a l cos t a l so re duce d to B t . 45k

f rom B t . 2 MB due to bank loan

re paym e nt i n J anua ry 2017 .

Quarter (3-month)

Unit : MB 2Q17 % 2Q16 %

Dessert café 171.5 98.6% 149.5 99.5%

Catering and OEM 2.5 1.4% 0.8 0.5%

Total sales 174.0 100.0% 150.2 100.0%

Other income 2.2 n/a 1.1 n/a

Cost of sales 58.0 33.4% 54.8 36%

Gross Profit 115.9 66.6% 95.5 64%

EBIT 38.5 22.1% 34.6 23%

Reported Net Profit 31.5 17.9% 26.1 17.2%

EPS (Baht/share) 0.04 0.05

2Q17 2Q16

# of Branches 22 17 5

SSSG

% 2Q17 2Q16

Average -3.84% 25.26%

+0.62%

+ 5.32 MB

15.9%

18.0%

1H2017 1H2016

NP Margin (%)

53.2

52.2

1H2017 1H2016

NPAT (MB)

Consolidated Earning 1H17 (6-month) Sa le

- Sa le s g rowth re su l t e d f rom 5 ne w

b ranche s

EBIT & Prof i t

- EB IT d im in i she d by 3 . 9% f rom m ore

e m p loye e s suppor t ing e xpans ion . I n Q1 ,

the re we re 2 one -o f f spe nd ing on s t a f f

de ve lopm e nt cos t and p rope r t y e xpe nse ,

a ccounte d fo r 0 . 8% o f to ta l sa l e s .

More ove r , AGM and o the r e xpe nse s

re l a te d to SET l i s t i ng we re a l so i ncu r re d

du r ing Apr i l 2017 .

- R i se i n ne t p ro f i t was pushe d by ne w

branche s ’ sa l e s and d rop in f i nanc i a l cos t

as bank loan was re pa id a f t e r I PO

1H2017 (6-month)

Unit : MB 1H17 % 1H16 %

Dessert café 325.45 98.57% 286.5 99.3%

Catering and OEM 4.71 1.43% 2.2 0.7%

Total Sales 330.16 100% 288.6 100%

Other income 3.78 n/a 1.4 n/a

Cost of sales 113.03 34.2% 105.1 36.4%

Gross Profit 217.13 65.8% 183.5 63.6%

EBIT 65.17 19.7% 67.8 23.5%

Net Profit 53.2 15.9% 52.2 18.0%

EPS (Bt. Per share) 0.07 0.10

- 2.05 %

+ 1.04 MB

1H2017 1H2016

# of Branches 22 17

SSSG

% 1H2017 1H2016

Average -4.35% 26.06%

Adjust number of days( 2 days different; no. of days in Feb and Staff seminar )

% 1H2017

Average -3.28%

Negative SSSG (-1 to -6%) also were reported in other listed restaurant

companies’ MD&A. For AU, such factors are lower general consumer

spending, road blockages due to constructions and government’s

ceremony, unexpected climate change in late 2nd quarter.

Financial Position as at 30 June 2017

AssetsThe reduc t ion was b rought by

· Ca sh & S -T i nve s tm e nt d rop f rom

628MB to 507 MB . Such 2016 IPO ca sh

re ce i ve d was spe n t ou t fo r l oan

re paym e nt and PP & E p rocu re m e nt s .

LiabilitiesThe reduc t ion was b rought by

· 66 . 3MB Long - t e rm bank loan fu l l y

r e pa id i n J anua ry

· De cre ase i n payab le : Se rv i ce f e e

re l a te d to IPO 15 .5MB wh i ch was a cc rue d

in 2016 .

Equity· R e ta ine d e a rn ing e sca l a te d f rom ne t

p ro f i t du r ing the pe r iod

951.94

95.34

856.60

981.93

173.10

808.83

Total Assets Total Liabilities Total Equity

30-Jun-17 31-Dec-16

- 29.99 MB

- 77.76 MB

47.77

MB

BusinessOutlook

T H E P O R T A L

I M P A C T M U A N G

T H O N G T H A N I

No. 19 th – OPENED9 th Mar

Q1 Q2 Q3 Q4

S I A M P A R A G O N

1 st Durian– OPENED5 th May

Branches Expansion Plan 2017

No. 20 th – OPENED8 th June

E S P L A N A D E

No. 21 th – OPENED28 th June

M B K

No. 22nd – OPENED7 th Sep

T H E P R O ME N A D E

To be opened 17 th

Sep

C E N T R A L B A N G N A

To be opened 20 th

Sep

T H E M A L L K O R A T

To be opened 15h

Oct

C E N T R A L

W E S T G A T E

To be opened Late Q4

B A N G K O K

H O S P I T A L

1 . S P E C I A L

P R O J E C T

O E M , A I R L I N E

Business Outlook 2H2017

Previous & New Partner Collaborations

2 . A F T E R Y O U

N E W B R A N C H

C O N C E P T !

new branch!

3 . C A T E R I N G

S E R V I C E S –

L O C A L

Catering

Air l ine event at the end of the year.

Q3 Q4

C A T E R I N G

S E R V I C E S

( S I N G A P O R E )

The Finest Thai @Singapore, sep 8th - 10th, 2017

Business Outlook 2H2017

New menu!

4 . E X C I T I N G

N E W M E N U

S P E C I A L

E V E N T S

5 . I N T E R N A T I O N A L

O P P O R T U N I T I E S

Singapore

10th years anniversary

Mysterious box

Malaysia

New Businesses and activities : 2018 and onwards 2 0 1 8 P L A N : > 1 0 N E W B R A N C H E S

O F A F T E R Y O U D E S S E R T C A F É

( 5 A R E U P C O U N T R Y )

*Kasikorn bank Research Center has estimated 35.2 mil. tourists

coming to Thailand in 2017, 8.2% growth from 2016

I N T E R N A T I O N A L D E A L :

W E ’ R E O P E N I N G F O R S U B M I S S I O N

Q&AAFTER YOU

afteryoucafe

afteryoudessertcafe

@afteryoucafe

www.afteryoudessertcafe.com

Appendix

Resources for business expansion

Objective of spending capital Amount

Amount used

during 23 - 31

Dec 2016

Amount used

during 1 Jan -30

Jun 2017

Outstanding

balance as of 30

Jun 2017

1. Business expansion e.g.

- Opening new branches 161.0 0.6 21.4 139.0

- Capacity expansion 200.0 5.2 22.1 172.7

- Install and improve IT & ERP 25.0 3.3 2.2 19.5

- Construction of HO, training center and

distribution center90.0 21.9 63.0 5.1

2. Loan repayment 60.5 - 60.5 -

3. Working capital 175.6 104.5 - 71.1

Total 712.1 135.5 169.2 407.4

New Businesses

and activities :

Outlook 1

After You Durian

becomes available in EVERY After You

Dessert Café’

P O P U L A R D U R I A N C R U M B S T I C K

New Businesses

and activities :

Outlook 2)

Outbound

Catering Service

& Events

- Sansiri and The Royal Thai Embassy presented a 3-

Day “Premium Lifestyle Festival in Singapore” for the

first time from 8 to – 10 September 2017.

- AU offers outbound catering such as Impact (Muang

Thong) Chiang Mai Saraburi Korat Singapore Malaysia,

and etc.

New Businesses

and activities :

AU, as an OEM manufacturer, now able to utilize

existing resources to sell bakery products

through various way of distributions or shops

via the right partners

O U T L O O K 3 )

P R E V I O U S A N D N E W P A R T N E R

C O L L A B O R A T I O N S

4.1 Durian Outlet

4.2 AU “TO-GO” Concept, locating in heavy

traffic office towers or MRT / BTS

O U T L O O K 4 ) N E W C O N C E P T

Marketing activities / new products & menu

O U T L O O K 5 ) A F T E R Y O U

D E S S E R T C A F É ’ 1 0 Y E A R S A N N I V E R S A R Y

C E L E B R A T I O N

INFORMATION INQUIRYAFTER YOU PCL., 1319/9 Phatthanakan Rd. . , Suan Luang Bangkok 10250, Thailand

ir@afteryou.co.th + 66 2318 4488 or + 66 2318 4488 # 206Phone:Email:

The information contained here is being furnish on a confidential basis for discussion purposes only and only for the use of the recipient, and may be subject to completion or

amendment through the delivery of additional documentation. Except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security

of engage in any transaction. The information contained herein has been obtained from sources that After You Public Company Limited (“AU”) considers to be reliable;

however, AU makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. Any projections,

valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters described herein; such projections, valuations

and analysis may be based on subjective assessments and assumptions and may utilize one among alternative methodologies that produce differing results; accordingly, such

projections, valuations and statistical analyses are not to be viewed as facts and should not be relied upon as an accurate representation of future events. The recipient should

make an independent evaluation and judgement with respect to the matters contained herein.

Po

rtfo

lio Branches Province Location Type Note / Launched

AFTER YOU

1 Siam Paragon BKK Shopping center 16-Dec-10

2 J Avenue Thonglor 13 BKK Community mall 26-Jul-14

3 La Villa Aree BKK Community mall 26-Jul-14

4 The Crystal Park BKK Community mall 07-Sep-11

5 Central Plaza Ladprao BKK Shopping center 16-Feb-12

6 Int Intersect Pharam 3 BKK Community mall 30-Jul-13

7 Silom Complex BKK Shopping center 19-Sep-13

8 Central World BKK Shopping center 30-Jul-13

9 The Mall Bangkapi BKK Shopping center 26-Jul-14

10 Siam Square One BKK Shopping center 09-Sep-14

11 The Crystal Ratchapruek Nonthaburi Community mall 16-Mar-15

12 Tha Maharaj BKK Community mall 27-Jul-15

13 Mega Bangna Sumut prakan Shopping center 17-Aug-15

14 The Mall Bangkae BKK Shopping center 16-Nov-15

15 Future Park Rangsit Pathum Thani Shopping center 30-Dec-15

16 Terminal 21 BKK Shopping center 11-Jul-16

17 Seacon Square BKK Shopping center 21-Sep-16

18 Central Plaza Pinklao BKK Shopping center 09-Nov-16

19 The Portal Impact Muang Thong Thani Nonthaburi Community mall 09-Mar-17

20 Bangkok Hospital BKK Hospital 08-Jun-17

21 Esplanade Ratchadapisek BKK Community mall 28-Jun-17

22 MBK BKK Shopping center 07-Sep-17

23 Central Bangna BKK Shopping center Late Sep 17

24 The Promenade BKK Community mall Late Sep 17

25 The Mall Korat Korat Shopping center Open Q4 17

AFTER YOU Durian

26 Siam Paragon BKK Shopping center 03-May-17

MAYGORI

27 Siam Square One BKK Shopping center 9 Jun 16

Board of Directors

and Management Structure

Board of Directors Position

1. Mr. Premon Pinskul Chairman, ID & AC

2. Mr. Wiwat Kanokwatanawan Vice Chairman

3. Mr. Phiched Bhimayothin ID & Chairman of AC

4. Dr. Thamnoon Ananthothai ID & AC

5. Mr. Maetup T.Suwan Director

6. Ms. Gulapat Kanokwatanawan Director

7. Mr. Mill Kanokwatanawan Director

Management Position

1. Mr. Maetup T.Suwan Managing Director

2. Ms. Gulapat Kanokwatanawan Deputy Managing Director

3. Mr. Mill Kanokwatanawan Assistant Managing Director

4. Mr. Songpon Tasnasathienkij Director of Operations

5. Ms. Uraiwan Samanwong Director of Manufacturing

6. Ms. Chamaiporn Tungkittisuwan Director of Finance & Accounting

* Outsourcing

Operations Manufacturing

Company Secretary

Human

Resource

Finance & Accounting

Managing Director

Deputy Managing Director

Internal Audit*

Board of Directors

Audit

Committee

Assistant

Managing

Director

C O M P A N Y ’ S S T R U C T U R E

Company Business

After You Plc.

• Dessert café

Aurum and Aurum Co., Ltd

• Sourcing raw material

100%

Group Structure Revenue Contribution

NameEstablished

yearBranches Location Style Products

Price

Range (Bt./me

nu)

After You 2007 21 Bangkok Metropolitan Region Dessert café

-Variety of products including cakes, cookies, toasts,

breakfast, and beverages

-After You Durian

125 – 255

85 – 345

Maygori 2016 1 Bangkok Shaved ice dessert café Variety of shaved ice desserts 185 - 235

Total 22

Dessert Café Overview

97.5%

Catering & OEM

1.4%

1.1%

Note: Revenue portion of 30 June 2017

Source: Company data as of 15 June 2017

Others

&

Company Milestones – Up to

22 branches as at 1H’17

Source: Company data as of 30 June 2017

•Opened La

Villa

Phaholyot

hin branch

•The 1st After

You welcomed

its customers

at J Avenue

Thonglor with

registered

capital

THB 5 mm

•Opened

Central World

branch

•Central World

branch was

closed due to

the country

crisis

•Opened

Paragon

and Crystal

Park

branches

•Opened Central

Ladprao,

Int-Intersec and

Silom Complex

branches

•Group

Restructuring

•Started Catering

Service

•Re-opened

Central

World

branch

•Group

Restructuri

ng

•Opened The

Mall Bangkapi

and SQ1

branches

•Launched Open

new brand,

Crumb at

Central

Embassy

• Increased

registered

capital to THB

50 mm

•Opened Crystal

Ratchapruk, maharaj,

Mega Bangna, The

Mall Bangkae and

Future Park Rangsit

branches

•Closed Crumb

•Registered new

subsidiary, Aurum

and Aurum Co., Ltd

• Increased registered

capital to THB 54 mm

•Started operation of new factory at

Samutsakorn province

•Launched new brand, Maygori at The

Common and SQ1

•Opened Terminal 21 and Seacon

Square branches

•Converted to PCL

• Increased registered capital to THB

80 mm for IPO

•Started new headquarter construction

process

• IPO on 23 December 2016

2009

20102007

2011

2012

2013

2014

2015

Continuous Growth for the Past Decade

20 Branches

15 Branches

11 Branches

8 Branches2 Branches

1 Branch 2 Branches

4 Branches

7 Branches2016

•Opened The Portal, Impact

Muang Thong Thani branches,

Bangkok Hospital and Esplanade

Ratchadapisek

•Close Maygori at The Common

•Launched After You Durian at

Siam Paragon

•Our factory passed and received

the certificate of Good

Manufacturing Practice (GMP)

and Hazard Analysis and Critical

Control Points (HACCP) in June

2017

Q2-2017

Sinsakorn Plant

C A P A C I T Y :

U P T O 4 5 - 5 0 B R A N C H E S

A N D O E M

A R E A :

5 , 0 0 0 S Q M .

L O C A T I O N :

30/106 Moo 1 Koh Kham,

Muang Samutsakorn,

Samutsakorn,

74000 Thailand

New Head Office, Training Center

and Distribution Center

A R E A :

2 , 4 0 0 S Q M .

L O C A T I O N :

1319/9 Phatthanakan

Road, Suan Luang,

BKK 10250, Thailand

F O R E X P A N D I N G B U S I N E S S :

Training operation staffs for new

branches, up to 2-3 branches per

month

CateringThe Royal Thai Embassy in

Singapore

and Sansiri Pcl. inaugurate ‘The

Finest Thai’, a first-class lifestyle

festival with ‘Thai Premium’

concept that promotes lifestyle

leadership on the world stage.

Top Thai brands and shops joined

This event on this 8th-10th Sep.

T H E P O R T A L

I M P A C T M U A N G

T H O N G T H A N I

19th Branch – 9 March 17

1Q – 2Q 2017

Branches Opened3Q 2017

T H E P O R T A L

I M P A C T M U A N G

T H O N G T H A N I

19th Branch – 9 March 17

A F T E R Y O U

D U R I A N :

S I A M P A R A G O N

1st DURIAN – 5 May 17

E S P L A N A D E

R A T C H A D A - P I S E K

21st Branch – 28 June 17

M B K

7 S E P

22 th -MBK 7 Sep

T H E P R O M E N A D E

Late Sep

C E N T R A L

B A N G N A

Late Sep