Asia Plus Securities

Opportunity day

March 4 , 2014

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1 ASPOverview

Financial Highlights2

Financial Ratios3

3

���� ASP Overview 1

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ASPVision & Mission

To become Industry LeaderIndustry Leader by providing a full range of financial services under fast evolving globalization age

Vision

� Expand financial instruments and services

� Widen knowledge in financial innovation

� Extend distribution network

� Diversify and balance sources of income

� Responsive to changes and competition

Mission

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Our Strengths

1. Full financial services

2. High caliber and experienced staffs

3. Extensive global network

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Brokerage

•Stocks•Futures /

Options•E-trading

•Equity / Fixed Income

•Listed / Non-listed Security

•Local / International

•Personal Financial Advisory Service (Wealth Management)

•Private Fund

Subsidiaries

•Mutual Fund

•Private Fund

•Foreign Investment Fund

•Financial Advisory Service (IB)

•M & A

•Corporate Restructuring

Asset Plus Fund Management Co., Ltd.

Asia Plus Advisory Co., Ltd.

100% 100%

•Derivative Warrant

•Equity Linked Notes

•SBL•ETF

•Equity•Fixed-Income

•Primary Market for Fixed-Income

•Underwriting and Syndication

InvestmentCapital Market

Equity Derivatives

Global Investment

ASP Group Structure

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2

ASP: Local Distribution Network

Asia Plus Securities Public Company Limited

Broadest Network 18 branches including Head office– 6 branches in BKK– 12 branches in upcountry

Bangkok Branches

• Phlapphlachai Branch 1, 2• Emporium Branch

• Ladprao Branch• Siam Branch 1, 2• Ngmawongwan Branch

Provincial Branches

• Khon Kaen Branch• Chanthaburi Branch 1, 2• Surat Thani Branch• Sri Racha Branch• Chiang Mai Branch• Nakhon Sawan Branch

• Hat Yai Branch• Phitsanulok Branch• Udon Thani Branch• Chiang Rai Branch• Lampang Branch• Pattaya Branch 1, 2

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Fitch RatingsThailandCredit Analysis as of 11th Dec, 2013

AnalystsParson Singha, CFA+66 2 108 0151parson.singha@fitchratings.comPatchara Sarayudh+66 2 108 0152patchara.sarayudh@fitchratings.com

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Million Baht

2013 2012 2011Brokerage 1,815 1,221 1,338 Investment 547 444 310 Asset Management 389 266 250 IB/Capital Market 348 130 108 Others 10 15 7 Total 3,109 2,076 2,013

58% 59% 66%

18% 21% 15%13% 13% 12%11% 6% 5%

2013 2012 2011

Brokerage Investment Asset Management IB Others

ASP Revenue

Consistently well diversify sources on income

Revenue by Business Unit

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2���� Financial Highlights2

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Breakdown by Business Unit (1)

Revenue from Brokerage Business • FY 2013 revenue increases by 49% Y-o-Y

Average Daily Turnover (Million Baht)

2013 2012 2011

SET 43,982 28,106 25,587

ASP 3,644 2,318 2,473

49%

1,3381,221

1,815

2013 2012 2011

Million Baht

Brokerage Business

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Breakdown by Business Unit (2)

Average Commission Rate

0.1820% 0.1860% 0.1928%

0.1500%0.1640%

0.1720%

2013 2012 2011

Market Share by Segment

3% 3% 12%9% 7%7%

88% 90% 81%

2013 2012 2011

Foreign Institutional Retail

Brokerage Business

Industry

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�Maintain balance portfolio of

• Equity (Proprietary Trading, Strategic Investment, Foreign Investment and Private Equity)

• Bonds and Fixed Income

Breakdown by Business Unit (3)

Revenue from Investment Business

(Million Baht) 2013 2012 2011Equity, Bonds, Derivatives 370 296 135

Interest & Dividend 177 148 175

Total Revenue 547 444 310

547

310

444

2013 2012 2011

(Millio

n B

aht)

Investment Business

23%

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20 deals carried over from 2012

•+ 27 deals newly commissioned during the year 2013

•- 21 deals were completed and 4 were cancelled

•The balance of 22 deals comprise of 9 IPOs + 1 POs + 12 advisory assignments carried forward to 2014

Breakdown by Business Unit (4)

348

108130

2013 2012 2011(M

illio

n B

aht)

Fee Income

Investment Banking Business

168%

15

48

Revenue increased by 46% Y-o-Y

Breakdown by Business Unit (5)

Assets under Management +3% Y-O-Y

Assets under Management

Asset Plus & Wealth Plus

22,884 23,263 21,459

12,060 10,532

7,209

2013 2012 2011

Mill

ion

Bah

t. Private FundsMutual Funds 250

266

389

2013 2012 2011M

illio

n B

aht

.

Asset Management Business

Revenue

Revenue

46%

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���� Financial Ratios3

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Financial Ratios

���� ROA & ROE

ROA 13.37

7.96 7.37

2013 2012 2011

ROE 24.83

14.4512.23

2013 2012 2011

Million Baht

2013 2012 2011

1,067 586 505

505

1,067

586

2013 2012 2011

(%) 2013 2012 2011

ROA 13.37 7.96 7.37

ROE 24.83 14.41 12.23

���� Net Profit after tax

81%

18

34.33

28.4925.10

2013 2012 2011

Financial Ratios

2013 2012 2011

0.51 0.28 0.24

EPS (Baht)

0.51

0.280.24

2013 2012 2011

2013 2012 2011

34.33 28.49 25.1

Net Profit Margin (%)

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ASP Awards and Accolades

Our achievements are recognized through various notable awards and accolades

Advisory Broker of the Year – Asia Award 2013 by the European Magazine

Securities Analysts Association Award for Analysts 2012

1. SAA Awards for Analysts 2012 by Retail Investors: Property & Construction Sector2. SAA Awards for Analysts 2012 by Retail Investors: Strategist3. SAA Awards for Analyst 2012: Popular Vote by Press

4. SAA Awards for Analysts 2012 by Retail Investors: Derivatives5. SAA Awards for Analysts 2012 by Institutional Investors: Derivatives

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ASP Awards and Accolades

Best Bond Securities Firm 2011 -By the Thai Bond Market Association (Thai BMA) 2011

Best Mid Cap Corporate Finance House –Alpha Southeast Asia

Asia’s Best Analysts Survey, Property Sector -Wall Street Journal’s and Factset Survey 2011

2010 Best Securities Company, Retail -The Stock Exchange of Thailand

2009 Best Analyst – Property Sector, The Securities Analyst Association

2008 Best Analyst – Property Sector, The Securities Analyst Association

2006 Best Brokerage Services, Retail and Best Research House -The Stock Exchange of Thailand

2005 Best Brokerage Services -The Stock Exchange of Thailand Country Award, Best Brokerage –Finance Asia

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Asia Plus Securities Public Company Limited

Head Office:

Sathorn City Tower, 3rd, 9th and 11th Floor,175 South Sathorn Road, Tungmahamek, Sathorn,Bangkok 10120, ThailandTelephone : 66 (2) 285-1666, 285-1888, 680-1111Fax : 66 (2) 285-1901Home Page: www.asiaplus.co.th

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Disclaimer

Asia Plus Securities Public Company Limited (“the Company”) provides this presentation for the purpose of publishing the Company’s performance and material financial information. In preparing this presentation, the Company has assumed that all the information in all publicly available sources including the public sources. Accordingly, the information has not been independently verified. No warranty or representation, express or implied, is made with respect to the information set out in this presentation, nor will the company be responsible for the consequence of reliance on any opinion or statement set out herein.

Please note that this presentation is an outline on an indicative basis and does not represent a commitment from the company to finance on behalf of the recipient of this presentation in any form. Any unauthorized use, reproduction or distribution in whole or in part of the information contained in this report without the Company’s permission is strictly prohibited. However, the Company reserves the right with its own discretion to amend or modify the information contained in this presentation without any prior notice. The Company shall have no responsibility for any inaccuracy, inappropriateness or incompletion of any information contained in this presentation.

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