#14G THG THONBURI HEALTHCARE GROUP Investor Presentation March 2022#2AGENDA 1 Overview 2 Business update 3 Financial Performance 4 Investment highlights THG THONBURI HEALTHCARE GROUP#3THG at a glance STOCK INFORMATION THG 52-Week High/Low 50.50/24.20 Market Cap 42,373.37 (THB mn) Free Float Last Price 49.75 THB Market Cap 1,297.04 (USD mn) 49.07% (As of 15 Mar 2021) SET: 1,685.18 THG: 49.75 (As of 28 February 2022) Feb 21 Apr 21 Jun 21 Aug 21 Oct 21 Dec 21 Feb 22 THG THONBURI HEALTHCARE GROUP SHAREHOLDING STRUCTURE 54.64% Others 6,676 Total Shareholders As of 15 Mar 2021 17.19% RAMKHAMHAENG HOSPITAL PCL. 13.96% Mrs. Charuwan Vanasin Mr. Boon Vanasin 2.15% Mr. Aurchart Kanjanapitak 3.38% Mrs. Navara Vanasin 3.51% 5.17% Dr. Amnuay Unnanuntana MR. Arsa Meksawan As of 15 Mar 2021 21 3#4Vision & Milestones To enhance people's quality of life by being their most preferred health partner THHG THONBURI HEALTHCARE GROUP โรงพยาบาลธนบุรี THONBURI HOSPITAL Thonburi โรงพยาบาลอุบลรักษ์ ธนบุรี UBONRAK THONBURI HOSPITAL www.ubonrak.co.th Invested in Hospital started Ubonrak operation Hospital 1977 1991 THG Registered as a public company limited 1994 DENTAL SIAM Invested in Dental Siam 1997 1993 Opened 1996 Invested in Thonburi 2 Sirivej Hospital Hospital โรงพยาบาลธนบุรี 2 THONBURI 2 HOSPITAL โรงพยาบาละริเวชจันทบุรี SIRIVEJ HOSPITAL CHANTHABURI 2003 Invested in Rajyindee Hospital Registered Capital (THB mn) 20 60 300 1976 1980 1991 โรงพยาบาลราษฎร์ยินดี RAJYINDEE HOSPITALI MSE MODULAR SOFTWARE EXPERTISE โรงพยาบาลเมืองพัทยา -PATTAYA CITY HOSPITAL PPP agreement to provide Invested in Modular Software Expertise 2009 hospital management for Pattaya City Hospital 2012 PPP agreement for Koh Lan CMU First day trade 7 December 2017 Signed JV for Ar Yu International Hospital in Myanmar Restructure and prepare for IPO 2016 2017 2011 PPP agreement to provide hospital management for Phuket Provincial Hospital โรงพยาบาลองค์การบริหารส่วนจังหวัดภูเก็ต PHUKET PROVINCIAL HOSPITAL 2015 Signed JV for Welly Hospital 2014 Invested in Thonburi Hospital Heart centers and Premier Home Health Care ศูนย์หัวใจ โรงพยาบาลรับบุรี in China 600 Invested in TH THONBURI BAMRUNGMUANG HOSPITAL AR Grand opening of Thonburi Bamrungmuang Hospital and Ar Yu Hospital -MedAccess -Thonburi Canabiz Get license for Thonburi Health Village 2018 Acquired shares for Thonburi Thungsong Hospital T1 ธนบุรี ทุ่งสง Tronoun Trung Song Hospi unfo 764 849 2013 2016 2017 2019 2020 Divested JV for 2021 Welly Hospital, China 847 2022#5AGENDA 1 Overview 2 Business update 3 Financial Performance 4 Investment highlights THG THONBURI HEALTHCARE GROUP#6THG Businesses 80 30 1000 THG THONBURI HEALTHCARE GROUP Technology 11 HR 000+ I Hospital Business 2021 Revenue: THB 10,415 mm (96.0%) Domestic / International Hospital • 8 Hospitals in Thailand 1 Hospital overseas Management Service • 1 Hospitals in Thailand Excellent Center Management Service • 3 Heart Centers under management Healthcare Solution Provider 2021 Revenue: THB 410 mm (3.8%) Home Healthcare • Medication services to patient's home ex. check up, treatment, rehabilitation Senior living ⚫ Jin Wellbeing County, mixed-use development to provide services needed by senior ⚫Thonburi Health Village, to serve various segments Dental Supplies Retailer • Exclusive distributor for dental supplies Drug !!! Operation Other business + Sence 2021 Revenue: THB 23 mm (0.2%) Software Development . Develop software to support internal departments and connect with other networks such as Social Security Office, National Health Security Office, The Comptroller's General Department Project Development for Healthcare & Medical Services Vis#7Hospital Business - overall Hospital ganin Hospital Accreditation of Thailand (HA) ISO ISO 7 โรงพยาบาลธนบุรี THONBURI HOSPITAL 435 beds รพ.ธนบรี โรงพยาบาลธนบุรี 2 THONBURI 2 HOSPITAL 95 beds โรงพยาบาลงา Bangkok THONBURI BAMRUNGMUANG TH HOSPITAL 127 beds (on process of approval) Myanmar Ar Yu International Hospital 0 •BANGKOK Ubonrak Thonburi Hospital Heart Centers Thonburi 2 Hospital o Panyananthaphikkhu o Chonprathan Medical Center Thonburi Hospital Thonburi 2 Hospital Phuket Provincial Hospital - Sirivej Hospital Chantaburi Thonburi Bamrungmuang Hospital Thonburi Burana Hospital ลาย โรงพยาบาลธนบุรีบูรณา THONBURI BURANA Patum Thani 55 beds RAJYINDEE HOSPITAL Songkla 196 beds โรงพยาบาลสิริเวช จันทบุรี SIRIVEJ HOSPITAL CHANTHABURI โรงพยาบาลอุบลรักษ์ ธนบุรี UBONRAK THONBURI HOSPITAL www.ubonrak.co.th Ubonratchathani 100 beds *\n\\\\\\\\\5G & પી Chantaburi 90 beds o Thonburi Thungsong Hospital O Hospital (Thailand) 8 Hospital (Oversea) 1 สิริเวช PHUKET Rajyindee Hospital Hospital Management Excellent Center Management 3 Heart Center O Other Network Hospitals 10 Phattalung Hospital o โรงพยาลสิริ Upcountry ธนบุรี ทุ่งสง Thonburi Thung Song Hospital Nakorn Srithammarat 50 beds#8Hospital Business - Positioning benchmark Prestigious public medical schools Medical sophistication Tertiary Super tertiary Secondary Lower end, SSO โรงพยาบาลธนบุรี THONBURI HOSPITAL THONBURI BAMRUNGMUANG HOSPITAL โรงพยาบาลธนบุรี 2 THONBURI 2 HOSPITAL Mid to lower end hospitals High end THG THONBURI HEALTHCARE GROUP High end, international focused High end, international focused Mid to high end hospitals High end, international focused Price per disease THG has capability and capacity for sophisticated medical services but at more affordable price. 8#9Hospital Business - Thonburi and Thonburi 2 Hospital Strategy OPD I IPD • • • Increase and develop excellence centers Space management for patients' convenience and satisfaction Expand customer base with continuous marketing activities with insurance, corporate and foreign customers Building: 8fl OPD Area: 14,900 sq.m. Capacity: 50 OPD rooms OPD building expansion can draw more patients and potentially turn to IPD admission. Investment: THB740mn Thonburi Expansion Plan THHG THONBURI HOSPITAL Thonburi 2 Expansion Plan $1 Intensity • potential revenue increase from more sophisticated treatments, providing more value at affordable price Building: 3fl OPD & IPD Area: 12,000 sq.m. Capacity: 15 OPD rooms/52 beds Investment: THB435mn THONBURI HEALTHCARE GROUP PERSPECTIVE >> FRONT 9#10Hospital Business - Strategy OPD I IPD میرا Top up Thonburi Bamrungmuang Hospital ■ To expand target marker ■ 2021 centers Diabetic Wound Care Center IVF Center Heart Center Jin Wellness Registered bed 47 beds Turned all wards to take care of COVID-19 patients with moderate (yellow) and severe (red) symptoms THONBURI BAMRUNGMUANG HOSPITAL 2022 Increase and develop excellence centers, • • . Eye & Lasik center Pediatric center Personalized check-up center • Women Health Center Trauma and Surgery Center syado • To increase registered bed to 127 beds • Partial wards to take care of COVID-19 patients with moderate (yellow) and severe (red) symptoms ☐ Provided screening service for COVID-19 (RT-PCR test) To set up hospitels for patients with moderate (yellow) and severe (red) symptoms, approx. 1600 beds To set up field hospitals for patients with mild or no symptoms, with service beds of approx. 605 beds To provide more service such as Lab (external) Provided Post covid care To set up hospitels for patients with mild or no symptoms, with service beds of approx. 2,500 beds To provide more service such as Lab (internal) To set up field hospitals for patients with mild or no symptoms, with service beds of approx. 434 beds#11COVID-19 Hospitel and Field hospitals THG THONBURI HEALTHCARE GROUP 5,434 4,434 4,632 4,632 4,849 4,453 4,025 Hospitel *TH1, TH2, THB, RYD, Phuket 4,800 Beds 2,185 904 480 251 11 9 11 10 10 16 14 10 5 As of Feb'22 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Site Bed Field hospital MT11, TPP 434 Beds 447 729 645 645 584 474 474 474 3 3 3 3 As of Feb'22 3 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Site Bed#12Alternative Vaccine (Moderna) THHG THONBURI HEALTHCARE GROUP Lot I+II Booking -1,000,000 doses Vaccinated 20% 30% 50% Timeline 2Q21 3Q21 4Q21 1Q22 2Q22-3Q22#13Hospital Business - 3Q2021 Innovation and other support hospital business THHG 4Q2021 1Q2022 THONBURI HEALTHCARE GROUP nsonsña Ma Collaborate with KBTG to develop an alternative COVID-19 vaccine (Moderna) booking channel through a digital platform for both the corporate sector and the individual sector YGIENIC THG HY CAR HIGH STANDARD Collaborate with KBTG to create THG HyCar to offer a COVID-free shuttle car service in alignment with the 'new normal' era. Under stringent cleanliness and hygiene standards. THIG CARE ผลิตภัณฑ์ดีๆ ที่เลือกสรรเพื่อคุณ Create an online platform as a distribution channel for products related to health care. ปรึกษาผลตรวจ ATK Anno THG COVID-19 CENTER โดยส่งรูปชุดตรวจ ATK คู่กับบัตรประชาชน พร้อมหมายเลยโทรศัพท์ผ่านทางแชทไลน์ 02 114 1385 • @THGCovidCenter เปิดบริการ 24 Set up online channel for covid patients ชม.#14Hospital Business Ar Yu International Hospital - International hospitals Net profit/(loss) from operation (MB)* *100% performance Project: 200-bed private hospital which is the first with international standard Partners: GMP 50%, THG 40%, AMS 10% - Ga Mone Pwint: Leader in brand developer, property & real estate, hotel, retail, and trading business in Myanmar - Aryu Ananta Medical Services: A group of leading local doctors Yangon, Myanmar (89) (171) 2018 2019 THG THONBURI HEALTHCARE GROUP (81) (161) 2020 ■Gain/loss from exchange Gain/loss from operation Selective increase in market with promising growth potential Leverage on strong partners Strategy Start from initial partnership, small investment or management contract until proven success 2021#15Hospital Business - Hospital Management THG THONBURI HEALTHCARE GROUP Public-Private $ Partnership Local governments to spend budget for public health Public and private hospitals to spend budget for heart center THONBURI HEALTHCARE GROUP THIGH • first private hospital doing PPP THG provides consulting and management services to cater efficient medical services for public hospitals ศูนย์หัวใ โรงพยาบาลธนบุรี" THHC THONBURI HOSTERS THG provides highly skilled cardiologists, medical staffs and advanced machines (co-investment or THG's investment) Heart patients get access to high quality care at a lower price Phuket Provincial Hospital Thonburi 2 Hospital Panyananthaphikkhu Chonprathan Medical Center Phathalung Phuket Revenue from hospital management (MB) 707 Hospital mgt rev 637 Heart center rev โรงพยาบาลองค์การบริหารส่วนจังหวัดภูเก็ต "แสด้วยโชห่วยดั่งครอบครัว" 38% 33% 441 48% 62% 67% 52% 2019 Site: 4 2020 2021 3 4 New contract: Termination: +Mar Chonprathan - Mar: Phatara -Dec: Pattaya Sep: Koh-Larn#16Healthcare Solutions Provider Business Senior care and senior living Healthcare mixed use development comprises of Jin Wellbeing County Active Living, with medical staff, 24-hour emergency aid and Centralized Health Monitor System • Thonburi Burana Hospital low-tone care for elderly who need special care Thonburi Health Village • Jin Wellness for physical rehabilitation and health activities PRACHA UTHIT Dental supplies DS ALL CO.,LTD. • : Dental All one-stop service dental supplies shop เมื่อนวดในเมือ ลงทะเบียนรับสิทธิพิเศษ THG THONBURI HEALTHCARE GROUP 16#17Jin Wellbeing County • Key differentiation is comprehensive medical service with expertise from Thonburi Hospital. . THG THONBURI HEALTHCARE GROUP With growing senior population in Thailand, the project can become a big community with potential of recurring income from residents. Comprising active living, rehab hospital and wellness center SRT SRT DARK RED LINE< 2-C1 2-D1 Thonburi Burana Hospital Jin wellness Institute Hospital Hospital Future Projects 2-AM 1-C1 1-AM Community Mall Phaholyothin Rd. N Jin Residence S 494 units • • One-bedroom and two-bedroom at 85,000-120,000 baht/m² 43 and 63 Sq.M. at THB4-6mn Thonburi Burana Hospital Low-tone hospital for elderly who need special care, such as chronic patients, Alzheimer etc. Jin Wellness Wellness center to take care of residents physically, mentally and emotionally 17#18Jin Wellbeing County BB 144 19 88 units transferred 19 18 2018 2019 2020 2021 units transferred 18 in 2021 7 units transferred in 4Q21 Jin Wellbeing County POST COVID-19 RETREAT ฟื้นฟูสุขภาพ ทั้งร่างกายและจิตใจแบบองค์รวม ให้กลับมาแข็งแรงอีกครั้งหลังวิกฤตโควิด-19 Package 3 วัน | 7 วัน | 14 วัน | 30 วัน จองเลย! โรงพยาบาลฟื้นฟูดูแลผู้สูงอายุ ระยะสั้น และระยะยาว สอบถามข้อมูลเพิ่มเติม และสํารองที่นั่ง (02)078-5777 Ext. 2 แพ็กเกจ THG HEALTH & WELLNESS RETREAT County Jin Wellbeing G THONBURI HEALTHCARE GROUP ตารางกิจกรรม ไม่มีค่าใช้จ่ายเพิ่มเติม Standard พัก 1 ท่าน พัก 2 ท่าน 3 วัน 6,900 บาท 8,900 บาท 7 วัน 15,000 บาท 17,000 บาท 14 วัน 25,000 บาท 32,000 บาท 30 วัน 50,000 บาท 65,000 บาท 7.30-9.08 0.00-10.0 10.00-11.30 อัตราค่าบริการ Deluxe พัก 1 ท่าน เริ่มต้น 39,000 บาท/เดือน พัก 2 ท่าน 3 วัน 7,700 บาท 9,900 บาท 7 วัน 14 วัน 16,900 บาท 29,000 บาท 19,000 บาท 37,000 บาท 30 วัน 58,000 บาท 73,000 บาท 11.30-14.00 14.00-16.00 *เงื่อนไขเป็นไปตามที่บริษัทฯ กําหนด **กิจกรรมอาจมีการเปลี่ยนแปลงได้ขึ้นอยู่กับการพิจารณาของบริษัทฯ 18.00-19.30 10.30-21.00 SENSORY ACTIVITY PAMONARY REHABILITATION โรงพยาบาลธนบุรีบูรณา \ 086-562-2464 @ www.thonburiburana.com THONBURI BURANA POST COVID-19 RETREAT Jin Wellbeing G THONBURI HEALTHCARE POST COVID-19 RETREAT County OROUP Su Sunn SURVE us Bassuuntarodo CATIQUE&MUSCLE STRENGTHENING LOSS FOCUS/FINE MOTORY DEPRESSION & ANKIETY County Jin Wellbeing G THONBURI HEALTHCARE GROUP THONBURI HEALTHCARE GROUP 18#19Thonburi Health Village A B Building E (Future Development THG THONBURI HEALTHCARE GROUP Future Development PHASE 2 HE PHASE 1 Phase1: Tower B-11th floor Building D Rehab. Hospital Future Development) C Building C (Parking & Wellness Center) Nursing Care: 313 beds Estimated Completion: Q4 2020 Master Plan THONBURI HEALTH VILLAGE PRACHA UTHIT ศูนย์ดูแลผู้สูงอายุ ธนบุรี เฮลท์ วิลเลจ ในเครือโรงพยาบาลธนบุรี Land area: Total 8-2-35.5 rai Phase 14-0-39 rai GFA: 26,000 Sq.M. SFA: 13,824 Sq.M. Tower B 11 fl. (161 rooms 268 beds) Tower C Tower A 206 rooms (Phase II) 8 fl. (6 parking fl., wellness center) Thonburi Health Village PRACHA UTHIT Nursing home serviced for rent Target Elderly Chronic illness underlying NCD Convalescent care Palliative care Nursing Care การบริการ และ สิ่งอำนวยความสะดวก • ห้องพัก พร้อมสิ่งอำานวยความสะดวก • อาหาร 3 มื้อ • · • บริการช่วยเหลือกิจวัตรประจําวัน พยาบาลและผู้ช่วยเหลือ 24 ชั่วโมง • แพทย์ตรวจเยี่ยม • กายภาพ • กิจกรรมสันทนาการ ร่างกาย อารมณ์ จิตใจ บริการทําความสะอาดห้องพัก บริการซักรีด#20Thonburi Health Village 30.000 THB/person 63 Beds 13 Rooms Twin 22% 60% 35,000 THB/person 118 Beds 59 Rooms TOWER B 270 beds 159 rooms 18% 000 5-bed Single 50,000 THB/person 89 Beds 89 Rooms SWITED NO + THG THONBURI HEALTHCARE GROUP 30,000 THB/person Shared room 35,000 THB/person Double room Currently, operated 1st -4th floor, total 74 beds 47 rooms Occupancy rate approximately 50% 50,000 THB/person Single room#21Other supporting business Software Development Modular Software Expertise Co., Ltd. (MSE), one of Thailand's leading Hospital Information System (HIS) provider with experienced IT team and healthcare management professionals MEDICAL Customer Group • Hospital Information Management System (HIMS) HEALTH CAFE • Goods Management and Distribution System (GMDS) SCIENCE) Front Office System • Retail Store Information Management System (RIMS) . Car Park Management System (CPMS) Project development for healthcare/ medical service Back Office System Thonburi Realty Development Company Ltd. and Rajthanee Realty Company Ltd. develop projects related to medication for future project under group, for example senior living home and step-down care within THG Group Outside THG THG THONBURI HEALTHCARE GROUP Company Thonburi Realty Development Co., Ltd. Rajthanee Realty Co., Ltd. Location Ratchaburi Area Book value Market value 1,550 rai THB 344.4 mn Surat-thani (Koh Samui) 381 rai THB 1,467.3 mn THB 571.2 mn THB 2,536.6mn 21#22AGENDA 1 Overview 2 Business update 3 Financial Performance 4 Investment highlights THG THONBURI HEALTHCARE GROUP#234Q21 Financial Performance Total revenue (mn THB) Total revenue +87% YoY Total revenue +48% YoY THG THONBURI HEALTHCARE GROUP Medical service +5% YoY Medical service -0.6% YoY 10,848 3,861 3% 3,514 9% 30% 7,315 47% 5% 4% 35% 1,882 1,906 1,566 3% 3% 5% 2% 6% 94% 63% 50% 94% 53% 93% 85% 4Q20 1Q21 2Q21 3Q21 4Q21 ■Medical service Healthcare solution provider Covid related service Vaccine Others 2020 2021 • Revenue increased YoY mainly from COVID-19 testing and treatment for COVID-19 patients at hospitals, hospitels and field ICUs. • In 3Q21, THG opened more hospitels and field ICUs, as well as turned parts of facilities, to provide care for COVID-19 patients. • Thonburi Bamrungmuang Hospital changes its OPD operations to treat COVID-19 patients only (moderate and severe cases). In 4Q21, THG started vaccination service • 23 23#244Q21 Financial Performance Gross profit (mn THB) Note: normalized values (before tax) exclude 1) Profit from disposal of JV investment in Welly Hospital, China of THB19mn in 1Q20 for Consolidated financial statements and loss from the disposal of the investment of THB236mn for separate financial statement in 1Q20 2) Income from deferred tax from JV in Welly Hospital, China of THB67mn in 1Q20 3) Expenses from the end of a management contract with a government hospital (net corporate income tax) THB28mn: comprising of THB21mn in 1Q21 and THB7mn in 2Q21. 4) Impairment inventories of THB 6mn in 4Q21 +186% YoY 36.5% THG +120% YoY 31.7% 22.5% 37.2% 25.9% 14.8% 448 4Q20 231 EBITDA (mn THB) 18.3% 493 21.4% 1,437 1,282 1,566 1Q21 2Q21 3Q21 Gross Profit GP Margin 21.6% (norm.) 32.3% 21.1% 7.1% (norm.) 5.4% 4Q21 +261% YoY 2020 Gross Profit 35.5% (norm.) 35.4% 15.6% (norm.) 15.8% (6) 3,443 2021 GP Margin +157% YoY 27.8% (norm.) 27.4% (42) THONBURI HEALTHCARE GROUP 344 4Q20 1,248 1,243 (9) (27) 402 84 1Q21 2Q21 3Q21 4Q21 EBITDA One time EBITDA Margin 2,977 19 1,157 2020 EBITDA 2021 One time Net profit-parent (mn THB) +2017% YoY 1.6% -12.9% (norm.) 4.8% (norm.) 4.4% 21.6% -13.7% 18.3% (norm.) 18.1% EBITDA Margin +2222% YoY 12.7% (norm.) 12.3% -0.3% (norm.) -0.9% (8) (36) 833 635 1,337 30 (21) 84 (7) (215) 85 62 4Q20 1Q21 2Q21 3Q21 4Q21 2020 2021 I Net Profit -Parent One time NP Margin Net Profit-Parent One time NP Margin#254Q21 Capital management Capital structure (mn Baht) ST Loan Equity 3,893 5,665 Current IBD 20% Non- current 6,180 IBD 4,710 78 16% 49% 46% 4Q20 38% 31% LT loan 75 4Q20 4Q20 Interest 4Q21 4Q21 4Q21 ■ST loan ■LT loan ■ Equity Gearing ratio 8.7 10.8 8.6 1.5 1.6 1.7 4Q20 1Q21 2Q21 •D/E (x) IBD/EBITDA (x) THG THONBURI HEALTHCARE GROUP Dividend On 23 Apr 21, AGM approved dividend payment of THB 0.30 per share for 2020 performance. On 26 Jan 22, BOD approved dividend payment of THB 0.40 per share for 9M2021 performance. THB 0.30/share XD date 12 Mar 21 Payment date 21 May 21 Dividend policy: THB 0.40/share XD date 11 Feb 22 Payment date 25 Feb 22 not less than 40% of net profit according to separate financial statements Interest coverage ratio (x) 1.2 0.2 (1.9) 6.8 4.7 5.1 4Q20 1Q21 2Q21 3Q21 4Q21 3.5 IBD/EBITDA (x) DSCR ratio (x) D/E (x) 1.7 1.5 2.2 2.4 1.4 1.0 0.3 3Q21 4Q21 4Q20 1Q21 2Q21 3Q21 4Q21 25#264Q21 Operational statistics - TH1, TH2, RYD Revenue mix - OPD vs IPD Revenue breakdown by payors - 4Q21 50% 54% 52% 55% 56% 46% 48% 50% 45% 44% 4Q20 1Q21 2Q21 3Q21 4Q21 % OPD Revenue % IPD Revenue OPD utilization 53% 48% 47% 48% 54% 25% 20% 2% 53% ■Self pay ■Insurance Corporate ■ Others IPD utilization 58% 50% 46% 46% THHG 57% THONBURI HEALTHCARE GROUP 4Q20 1Q21 2Q21 3Q21 4Q21 4Q20 1Q21 2Q21 3Q21 4Q21 OPD % Utilization IPD % Utilization 26#27THONBURI HEALTHCARE GROUP 4Q21 Operational statistics - TH1, TH2, RYD OPD sequence ('000 sequences) +2.9% YoY IPD occupancy ('000 bed days) THG -4.0% YoY 233 240 208 206 199 31 24 4Q20 1Q21 2Q21 3Q21 4Q21 4Q20 TH1 TH2 RYD Pay per sequence (baht) +14.1% YoY 24 24 26 30 1Q21 2Q21 3Q21 4Q21 TH1 TH2 RYD Pay per bed day (baht) +2.5% YoY 3,146 3,096 30,579 29,082 2,714 2,809 2,814 26,968 23,746 24,337 4Q20 1Q21 2Q21 Pay per sequence Total 3Q21 4Q21 4Q20 1Q21 2Q21 3Q21 4Q21 Pay per bed day Total 27#28CapEx Plan CapEx (MB) THG THONBURI HEALTHCARE GROUP Project 2018 2019 2020 2021 2022-2023 (E) 6 Year Thonburi Hospital 1 15 455 341 700 1,511 Thonburi Hospital 2 75 53 500 628 Thonburi Bumrungmuang 750 1,030 238 281 200 2,499 Jin Wellbeing County 1,000 730 157 91 50 2,028 Thonburi Health Village 300 135 75 140 100 750 Total 2,050 1,910 1,000 906 1,470 28#29AGENDA 1 Overview 2 Business update 3 Financial Performance 4 Investment highlights THG THONBURI HEALTHCARE GROUP#30Investment highlights THHG Strong positioning in Bangkok with diversification to strategic locations upcountry Well trusted due to its 40-year-old brand and track record of quality medical services Best value in providing sophisticated medical services at affordable price Extensive Medical Resources and Network - TH1 proximity to top medical school provides benefit to retain specialized doctors and nurses -17 Network hospitals allow THG to capture benefits from cost control and client referral Diversify revenue mix Hospital business maintains a strong core, plus future revenue from new businesses and from overseas. Expand into full-coverage medical businesses with innovative healthcare services Strong growth potential Early mover towards integrated healthcare provider, including wellness and aged care Jin Wellbeing County and Thonburi Bumrung Muang projects as brown field for growth drivers THONBURI HEALTHCARE GROUP 30#31Appendix THG THONBURI HEALTHCARE GROUP#32€ THYG THONBURI HEALTHCARE GROUP Registered capital THB 849 mn Capital reduction to 847 mn at 3/2/2022 12 subsidiaries 2 associates 1 Joint venture THONBURI BAMRUNGMUANG Thonburi Bamrungmuang HOSPITAL 99.9% ธนบุรี ทุ่งสง Rajyindee Hospital PLC Thonbul Thung Song Hose Hospital Co. Ltd. 55.9% 56.4% สิริเวช SIRIVEJ Hospital Business 31.9% Sirivej Hospital PLC Bowrunequehu suys Ubonrak Hospital Co. Ltd. 99.9% 34.0% +B+-+ Aryu International Health 40.0% Care Co. Ltd. 99.9% Uttaradit Thonburi Hospital Co. Ltd. THONBURI WELLBEING Enrich life, Enlight soul. Embrace spirit 99.9% Thonburi Wellbeing Co. Ltd. DS ALL CO.,LTD. DS All Co. Ltd. 99.4% Thanarad Thungsong Co. Ltd. THG Thonburi Hospital Heart Centers Co. Ltd. 5 subsidiaries 2 associates 1 Joint venture MODULAR SOFTWARE EXPERTISE MSE 70.0% Modular Software Expertise Co. Ltd. Other businesses 100.0% Rajthanee Realty Co. Ltd. 99.8% Thonburi Realty Development Co. Ltd. $ Other investments Med Access Co. Ltd. THIC Thonburi Canabiz PLC. 100.0% 75.0% Remark: Uttaradit Thonburi Hospital Co., Ltd. is a dormant subsidiary of THG. THONBURI HEALTHCARE GROUP#33THG's hospitals เลยบ รงพยาบาลธนบุรี 2 อาคาร 2) REDU THG THONBURI HEALTHCARE GROUP Thonburi Thonburi 2 Thonburi Bamrungmuang Thonburi Burana Rajyindee Ubonrak Sirivej Thonburi Thung Song Ar Yu Year operated 1977 1993 2019 2019 1995 1991 1992 2019 2018 Location Bangkok Bangkok Bangkok Bangkok Songkhla Ubonratcha thanee Chantaburi Nakornsri thammarat Yangon Registered beds 435 95 47 55 196 100 90 50 96 1,164 Available 400 86 127 55 151 100 90 75 96 1,180* beds Doctors (Full-time + 550 250 230 5 140 130 100 50 270 1,725 part-time) Medical staff 530 295 300 40 40 230 220 180 85 370 2,250#34THG "Lifetime health guardian for all" THHG THONBURI HEALTHCARE GROUP For more information, please contact IR department. Email: [email protected] Thonburi Healthcare Group Public Company Limited ("THG"), and affiliates, are pleased to provide this presentation which is intended for discussion purposes only. 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