REDWOOD GROUP LTD

紅木集團有限公司

www.redwoodgroup.co

Stock Code：8426

Agenda

Company Profile Overview

Market & Industry Overview

Operational Performance

Date of Establishment:

Chairman：Michael Soh

General Manager：Peter Lee

Capital：NTD 46 Million Dollars

Number of Employees：1218 (As at 31 Dec 2013 )

Major Business：Contract manufacturer of high-quality

interior fittings for the world’s luxury brands(Boutique make up

artist for world’s top luxury brands)

About Us

Company Name Country Date of Establishment

Redwood Interior Pte Ltd Singapore July 1992

Redwood Furniture Sdn Bhd Malaysia Feb 1999

Redwood Group Ltd Cayman Islands August 2010

Redwood (Shanghai) Pte Ltd China Nov 2011

Redwood Europe Ltd United Kingdom Feb 2012

Redwood (HK) Ltd Hong Kong Feb 2012

Redwood Projects Sdn Bhd Malaysia Nov 2012

Group Structure

Redwood Group Ltd

(Cayman)

Redwood Interior

Pte Ltd

(Singapore)

Redwood

(Shanghai) Pte

Ltd

(China)

Redwood

Europe Ltd (United Kingdom)

Redwood Interior

Taiwan Branch

(Taiwan)

Redwood (HK)

Ltd (Hong Kong)

Redwood

Furniture

Sdn Bhd

(Malaysia)

Redwood

Projects Sdn Bhd (Malaysia)

Half hour driving time

from Singapore Causeway Customs

Two Main Operations Base in

Malaysia & Singapore

Core Business

Façade

Interior Fittings

General Construction

Competency

Drafting Contract

Management

Project

Management Purchasing

Quality

Control Logistics

Customized & Dedicated

Project Management (Singapore)

Metal

Painting/

Vanishing

Fabric/

Leather Electrical Glass

PVD Veneer Solid

Surface Millworks

Acrylic

Modular Manufacturing

(Malaysia)

Competitive Advantages

Transforming traditional craftsmanship to integrated modern production technology.

Modular Manufacturing Customized Project

Management

High Efficiency of

Project Completion Factory Assembly

Our Clients

Gucci Ermenegildo

Zegna

Bvlgari

Jimmy Choo Hermes

Coach

Chloe Cartier Bally

Leica Loewe Louis Vuitton Michael Kors

Dior

Salvatore

Ferragamo Tiffany & Co. Tory Burch

Yves Saint

Laurent

Redwood serves its clients in 40 countries and regions worldwide.

Geographic Distribution

The worldwide personal luxury goods market is expected to

reach 245-260billion euros in 2016.

Industry Overview

The CAGR of worldwide personal luxury goods market from Year 2013 to Year 2016 is 3-5%.

Source: Altagamma, Bain & Company forecasts, Worldwide Luxury Markets Monitor, Oct 2013

77

84

93

97

10

9

12

9

13

4

13

3

12

9

13

6

14

7

16

0

17

0

16

6

15

3

17

3

19

2

21

2

21

7

24

5-2

60

0

50

100

150

200

250

300

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013E

2016F

Luxury Goods Market (Euro bn)

+11% +13%

CAGR

3-5%

+10%

911 SARS 金融海嘯 歐債危機&

日本地震

中國禁奢

+2%

911 SARS Subprime & Financial

Crisis

Socio-Economic Turbulence

Industry Overview

By 2014, Asian market is the key growth in the luxury goods

market.

37% 37% 34% 34% 32%

30% 30% 31% 32% 27%

10% 9% 9% 8%

8%

17% 19% 20% 21% 27%

5% 5% 5% 5% 5%

0%

20%

40%

60%

80%

100%

2010 2011 2012 2013E 2014F

ROW Asia Japan Americas Europe

Source: Altagamma, Bain & Company forecasts, Worldwide Luxury Markets Monitor, Oct 2013 & 7th May 2012 (compile)

Revenue ( Geographic Distrubution)

68%

22%

6% 3% 1%

2011

Asia Americas Europe Middle East RoW

NTD 1,412,021

Unit: NTD Thousand Dollars

52%

36%

7% 5%

2012

NTD 1,657,068

71%

23%

5% 1%

2013

NTD 1,918,128

China is the Major Growth Area in the Asia’s

Luxury Goods Market

56,762

153,564

440,594

4.02%

9.26%

22.97%

0.00%

4.00%

8.00%

12.00%

16.00%

20.00%

24.00%

28.00%

-

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

2011 2012 2013

Total Revenue from China Percentage Accounted for Redwood Revenue

(單位： 新台幣仟元) (Unit: NTD Thousand Dollars)

Year 2013 Top 10 Most Value Luxury Brands &

Percentage Accounted for Redwood Revenue

0%

10%

20%

30%

Y2011 Y2012 Y2013

Source: Millward Brown Optimor’s 2013 (May) BrandZ study

Operational Performance

Y2011 Y2012 YoY(%)

Y2012 Q1-3

Y2012 Q1-3 (IFRS)

Y2013 Q1-3 (IFRS)

YoY(%)

Operating Income 1,412,021 1,657,771 17.40 1,133,499 1,213,258 1,282,971 5.75

Operating Margin 445,114 525,185 17.99 356,900 372,558 409,393 9.89

Gross Margin 31.52% 31.68% - 31.49% 30.17% 31.90% -

Net Profit 153,009 169,907 11.04 127,472 143,130 165,695 15.77

Net Profit Margin 10.84% 10.20% - 11.25% 11.80% 12.91% -

EPS 4.38 ** 4.05 ** - 2.42 2.79 3.21 -

(Unit:NTD Thousand Dollars ; EPS in NTD Dollars)

(**): Number of shares outstanding are 36,000 thousand shares and 42,000 thousand shares

for 31th December 2011 and 31th December 2012 respectively.

Revenue from Y2012 is NTD 1,657,771 Thousand Dollars , 17.40% growth

compared to Y2011.

Thank You !