WORKPOINT

ANALYST MEETING 3Q 2015

1 DECEMBER 2015

2

The information within this presentation has been derived from the existing factors in the present time. Therefore, the forward-looking information on this presentation may not occur in the future if the aforementioned factors or situations are changed. No representation and warranties whatsoever have been given by Workpoint Entertainment Public Company Limited and its subsidiaries.

WORKPOINT TV (“WP TV”)

Advertising Revenue* TV Production Revenue : Only TV Programs aired on WORKPOINT TV** Time Slot Rental Revenue*

GLOSSARY

3

OTHER TV BUSINESS

Advertising Revenue : TV Programs aired on Other TV Channels** TV Production Revenue : Only TV Programs aired on Other TV Channels** Revenue from Social Media (e.g. Youtube)**

CONCERTS & PLAYS

Ticket sale from Plays and Concerts Theatre Sponsorship Revenue and Show Sponsorship Revenue Area Rental Revenue

EVENT Event Sponsorship Revenue Event Organizing Revenue

* Shown in Note 16 B) of Financial Statement

** Shown in Note 16 A) of Financial Statement

Financial Performance COMPANY PROFILE

Number 1 Variety Content Provider in Thailand.

FOUND IN 1989, WORKPOINT ASPIRES TO BE LEADER IN ENTERTAINMENT AND MEDIA INDUSTRY

5

Provided TV Programs to all TV Stations.

MORE THAN 25 YEAR EXPERIENCE, CREATING

MORE THAN 100 TV PROGRAMS

Guaranteed by many National and International Awards.

1989 - PRESENT

6

ENTERTAINMENT COMPANY Started Diversifying into Related Businesses

2005 - PRESENT

7

A TRUE INTEGRATED

7

WORKPOINT CREATIVE TV FULL VARIETY TV STATION 24 HOURS WITH QUALITY CONTENTS

2014-PRESENT

8

9

GENRE : General Entertainment/ Variety

KEY CONCEPT : Knowledge, Wit, Fun, Entertainment

TARGET AUDIENCE : all Ages and Genders

WORKPOINT TV

WORKPOINT TV

10

Content Proportion

REWARD

11

12

Financial Performance 3Q2015 FINANCIAL PERFORMANCE

1,517.1 1,746.7

34.9 155.8 2.3%

8.9%

0.0 %

1.0 %

2.0 %

3.0 %

4.0 %

5.0 %

6.0 %

7.0 %

8.0 %

9.0 %

10. 0%

-

200 .0

400 .0

600 .0

800 .0

1,00 0.0

1,20 0.0

1,40 0.0

1,60 0.0

1,80 0.0

2,00 0.0

9M 2014 9M 2015

Rev. NP %NP

REVENUE & REVENUE STRUCTURE

Revenue : 9M 2015 Revenue Structure : 9M 2015

14

15.1%

Changing

90.5%

7.9% 0.0% 1.6%

87.3%

4.7% 6.3% 1.7%

TV Business Event Marketing Concerts and Plays Other

Unit : MB

1,372.4

120.5 - 24.2

1,517.1 1,525.7

82.8 109.4 28.8

1,746.7

-

200 .0

400 .0

600 .0

800 .0

1,00 0.0

1,20 0.0

1,40 0.0

1,60 0.0

1,80 0.0

2,00 0.0

TV Business Event Marketing Concerts and Plays Other Total

9M 2014 9M 2015 Unit : MB

REVENUE & REVENUE STRUCTURE

18.9% -31.3%

Changing 15

11.2% 15.1%

TV BUSINESS

Workpoint TV & Other TV Business

1,372.4

1,525.7

1,25 0.0

1,30 0.0

1,35 0.0

1,40 0.0

1,45 0.0

1,50 0.0

1,55 0.0

9M 14 9M 15

594.1

589.5

587 .0

588 .0

589 .0

590 .0

591 .0

592 .0

593 .0

594 .0

595 .0

3Q 14 3Q 15

Revenue : 3Q 2015

17

TV BUSINESS : REVENUE & REVENUE STRUCTURE Revenue : 9M 2015

-0.8%

11.2%

67.6%

9.1%

29.4%

90.9%

3.0%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100 %

3Q 14 3Q 15

Free TV WP TV Ch 6 (Sat)

Revenue : 3Q 2015 Revenue : 9M 2015

73.6%

15.7%

22.8%

84.3%

3.6%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100 %

9M 14 9M 15

Free TV WP TV Ch 6 (Sat)

Unit : MB

Other TV Other TV *

*The Operation of Ch 6 (Satellite Channel) has been stopped since December 2014

*

Changing

TV BUSINESS : OTHER TV BUSINESS

18

401.6

53.4

203.59

21.01

50.7% 39.3%

0.0 %

10. 0%

20. 0%

30. 0%

40. 0%

50. 0%

60. 0%

-

50.0

100 .0

150 .0

200 .0

250 .0

300 .0

350 .0

400 .0

450 .0

3Q 14 3Q 15

Rev. Gp. %Gp.

Revenue : 3Q 2015 Revenue : 9M 2015

Changing

1,009.6

240.0

483.26

141.98 47.9% 59.2%

0.0 %

50. 0%

100 .0%

150 .0%

200 .0%

250 .0%

300 .0%

-

200 .0

400 .0

600 .0

800 .0

1,00 0.0

1,20 0.0

9M 14 9M 15

Rev. Gp. %Gp.

-86.7%

-76.2%

Unit : MB

TV BUSINESS : WORKPOINT TV

19

312.9

1,285.7

-88.8

498.9

-28.4%

38.8%

-40.0%

-30.0%

-20.0%

-10.0%

0.0 %

10. 0%

20. 0%

30. 0%

40. 0%

50. 0%

-200.0

-

200 .0

400 .0

600 .0

800 .0

1,00 0.0

1,20 0.0

1,40 0.0

9M 14 9M 15

Rev. Gp. %Gp.

Revenue : 3Q 2015 Revenue : 9M 2015

174.8

536.0

-7.7

228.6

-4.4%

42.6%

-10.0%

0.0 %

10. 0%

20. 0%

30. 0%

40. 0%

50. 0%

-100.0

-

100 .0

200 .0

300 .0

400 .0

500 .0

600 .0

3Q 14 3Q 15

Rev. Gp. %Gp.

206.6%

310.9%

Changing

Unit : MB

AGB Nielsen Rating 15+ (Avr. 18 hours) Nationwide Unit : MB

0.26 0.40 0.50 0.76 0.82

20

TV BUSINESS : WORKPOINT TV

106.0 174.8

266.6 310.4

439.3 536.0

-48.8

-7.7

33.8 87.8

182.5 228.6

-69.4%

-4.4% 12.7%

28.3%

41.5% 42.6%

-85.0%

-65.0%

-45.0%

-25.0%

-5.0%

15.0%

35.0%

55.0%

-100.0

0.0

100.0

200.0

300.0

400.0

500.0

600.0

2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015

Rev. GP %GPM

0.94

Source : AGB NEILSEN : TV Rating All Target 15+

AGB Nielsen Rating 15+ (18 hours) Nationwide

2014

2015

21

TV BUSINESS : WORKPOINT TV

0.25 0.24 0.30

0.34 0.40

0.45 0.48 0.51 0.50

0.73 0.74 0.75 0.78 0.83 0.84

0.88 0.98

0.97

1.08 1.06

0.00

0.20

0.40

0.60

0.80

1.00

1.20

Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr15 May-15 Jun-15 Jul-15 Aug 15 Sep 15 Oct 15 1-15

Nov 15

WorkpointTV

Ranking Channel AVR. Rating Ranking Channel AVR. Rating

1 3.33 14 0.11

2 2.80 15 0.11

3 1.06 16 0.09

4 0.82 17 0.08

5 0.53 18 0.08

6 0.34 19 0.08

7 0.32 20 0.08

8 0.25 21 0.07

9 0.24 22 0.06

10 0.20 23 0.05

11 0.15 24 0.04

12 0.14 25 0.03

13 0.12 22

TV BUSINESS : WORKPOINT TV AGB Nielsen : TV Rating : Nationwide (15+) (6-24.00) 1-15 November 2015

Ranking Channel AVR. Rating Ranking Channel AVR. Rating

1 5.02 14 0.16

2 2.69 15 0.15

3 1.05 16 0.13

4 0.63 17 0.13

5 0.60 18 0.12

6 0.41 19 0.11

7 0.36 20 0.11

8 0.31 21 0.06

9 0.30 22 0.05

10 0.28 23 0.03

11 0.26 24 0.03

12 0.23 25 0.03

13 0.18 23

TV BUSINESS : WORKPOINT TV AGB Nielsen : TV Rating : Bangkok (15+) (6-24.00) 1-15 November 2015

Ranking Channel AVR. Rating Ranking Channel AVR. Rating

1 4.39 14 0.15

2 2.93 15 0.14

3 0.96 16 0.13

4 0.60 17 0.10

5 0.51 18 0.10

6 0.35 19 0.10

7 0.33 20 0.09

8 0.31 21 0.07

9 0.31 22 0.05

10 0.23 23 0.04

11 0.21 24 0.03

12 0.19 25 0.03

13 0.17 24

TV BUSINESS : WORKPOINT TV AGB Nielsen : TV Rating : Up country (15+) (6-24.00) 1-15 November 2015

Ranking Channel AVR. Rating Ranking Channel AVR. Rating

1 3.57 14 0.10

2 1.84 15 0.09

3 1.12 16 0.07

4 0.94 17 0.07

5 0.54 18 0.06

6 0.34 19 0.05

7 0.33 20 0.05

8 0.21 21 0.05

9 0.20 22 0.04

10 0.18 23 0.03

11 0.12 24 0.03

12 0.11 25 0.02

13 0.11 25

TV BUSINESS : WORKPOINT TV AGB Nielsen : TV Rating : Rural (15+) (6-24.00) 1-15 November 2015

29.7%

26.0%

9.7%

6.7%

4.7%

3.0%

2.5%

2.4%

2.3%

1.9%

1.4% 1.4%

1.0% 0.9%

CH7 CH3

WORKPOINT TV (DTT) CH8 (DTT)

MONO 29 (DTT) ONE (DTT)

THAIRATH TV (DTT) 3SD (DTT)

CH9 TRUE4U (DTT)

THAI PBS 3FAMILY (DTT)

PPTV (DTT) AMARIN TV(DTT)

CH5 GMM CHANNEL (DTT)

NEW TV (DTT) NATION TV (DTT)

TNN24 (DTT) SPRING NEWS (DTT)

NBT NOW TV(DTT)

MCOT FAMILY (DTT) BRIGHT TV (DTT)

VOICE TV (DTT) 3HD (DTT)

THAI TV (DTT) MVTV FAMILY (DTT)

Digital TV Audience Share

All Digital TV market share as of 1-15 November 2015 : Workpoint TV Share was 9.7%

WORKPOINT TV MARKET SHARE IN DIGITAL TV

26

CONCERTS/PLAYS

CONCERTS/PLAYS Revenue : 2Q 2015 & 3Q 2015 Revenue : 9M 2015

28

Revenue : 2Q 2015 & 3Q 2015 Revenue : 9M 2015

109.4

43.9

40%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

0.0

20. 0

40. 0

60. 0

80. 0

100 .0

120 .0

9M 2015

Rev. GPM %GPM

66.7

42.7

27.1

16.8

41%

39%

39%

39%

40%

40%

41%

41%

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

2Q 2015 3Q 2015

Rev. GPM %GPM

66% 41%

34% 59%

0%

20%

40%

60%

80%

100%

120%

2Q 2015 3Q 2015

% Other %Rev.

56%

44%

0%

20%

40%

60%

80%

100%

120%

9M 2015

% Other %Rev.

66.7 42.7 109.4

Unit : MB 1 Show : 27 Rounds 2 Shows : 7 Rounds

% Rev from Shows (Ticket & Sponsor)

% Rev from Shows (Ticket & Sponsor)

CONCERTS/PLAYS

29

Financial Performance EVENT BUSINESS

120.5

82.8

38.3 18.6

31.8% 22.4%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

0.0

20. 0

40. 0

60. 0

80. 0

100 .0

120 .0

140 .0

9M 2014 9M 2015

Rev. GPM %GPM

21.0

5.1 8.4

4.0 39.8%

78.1%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

0.0

5.0

10. 0

15. 0

20. 0

25. 0

3Q2014 3Q2015

Rev. GPM %GPM

EVENT BUSINESS

*Note : Net Earning from Events run by JV such as World Expo , 3 Cha Carabao were booked under “Participation Profit(Loss) from investment in Joint Ventures” (See Note 2.4 and Note 20 in Company’s Financial report of Interim Financial Information)

Revenue : 3Q 2015 Revenue : 9M 2015

-31.3%

31

-75.7%

4 Events 8 Events 1 Event 9 Events

Unit : MB

Changing

34.9

155.8

2.2% 8.8% 0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%

0.0

20.0

40.0

60.0

80.0

100.0

120.0

140.0

160.0

180.0

9M 2014 9M 2015

NPM %NPM

73.1

236.9

4.7%

13.4%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

0.0

50.0

100.0

150.0

200.0

250.0

9M 2014 9M 2015

EBIT %EBIT

499.6

734.6

31.9%

41.5%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

45.0%

0.0

100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

9M 2014 9M 2015

GPM %GPM

1564.2

1768.7

9M 2014

9M 2015

Total Revenue

EBIT

Gross Profit

Net Profit

FINANCIAL PERFORMANCE SUMMARY

Unit : MB

Unit : MB

Unit : MB

Unit : MB

47.0% 13.1%

224.3% 347.0%

32 Changing

KEY FINANCIAL RATIO

D/E Ratio

Current Ratio

Quick Ratio

Interest Borrowing Debt/ Equity

33

2.01

1.06

-

0.50

1.00

1.50

2.00

2.50

2014 9M 2015

0.56

0.30

-

0.10

0.20

0.30

0.40

0.50

0.60

2014 9M 2015

0.49

0.79

-

0.10

0.20

0.30

0.40

0.50

0.60

0.70

0.80

0.90

2014 9M 2015

0.77

0.46

-

0.10

0.20

0.30

0.40

0.50

0.60

0.70

0.80

0.90

2014 9M 2015

Financial Performance 2016 OUTLOOK

WORKPOINT TV : 2016 OUTLOOK

35 35 35

CONCERTS/PLAYS 2016

36

At least 5 Shows lined up : more than 65 rounds

Q&A

THANK YOU