Company

Presentation

FY2013

Presentation Results

March, 2014

1

Copyright 2013 MK Restaurant Group Public Company Limited. All rights reserved. Any unauthorized use or disclosure is prohibited. The information

contained in our presentation is intended for general information purpose only. The information herein was obtained from various sources and is subject to

change without notice. We do not guarantee its accuracy or completeness.

Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures

or other derivatives related to such securities.

In addition, this presentation includes statements of future expectations, projections or other forward-looking statements, which reflect our current views

with respect to future events and are not a guarantee of future performance. A number of important factors, risks and uncertainties could cause actual

results or outcomes to differ materially from those expressed in any forward-looking statement. Investors should seek financial advice regarding the

appropriateness of investing in any securities or investment strategies discussed in this presentation and should understand that statements regarding

future prospects may not be realized. Accordingly, we caution you not to rely unduly on these forward-looking statements. Past performance is not

necessarily a guide to future performance.

Disclaimer

2

Agenda

Company Overview

2013 Key Financial Highlights

Business Update

3

Business Structure

Japanese restaurant: Yayoi

Registered Capital: 150 MB

Training services for MK

group

Registered Capital: 35 MB

Restaurants in Singapore

Registered Capital: SGD12.5 Million (~ 320 MB)

MK Restaurants in Japan

Registered Capital: JPY250

Million (~80 MB)

12%

MK Interfoods Co., Ltd.

“MKI”

MK Services Training Center

Co., Ltd.

“MKST”

Plenus & MK Pte. Ltd.

“Plenus & MK” (Joint Venture)

Plenus MK Co., Ltd.

“Plenus MK” (Joint Venture)

50% 100% 100%

Suki restaurant : MK Suki, MK Gold Thai restaurant : Na Siam, Le Siam

Japanese restaurant : Hakata, Miyazaki

Coffee shop & Bakery : Le Petit

Franchise

MK Restaurant Group Plc.

“M”

4

International Restaurant

Thai Restaurant

Japanese Restaurant

Hot Pot Restaurant

Diversified Presence in Several Restaurant Segments

Our Restaurants

Leading Position in Hotpot and Japanese Restaurant Segments

an

Vietnam

Japan

Japan

an

Singapore

an

Indonesia

Other Restaurant

5

Restaurant Outlets in Thailand

Type of Business Restaurants Brand No. of Outlets Average Spending (THB)

Suki Restaurant MK 375 284

MK Gold

6 486

Japanese Restaurant Yayoi

113 230

Miyazaki

5 242

Hakata

3 202

Thai Restaurant Na Siam

1 251

Le Siam

2 471

Coffee Shop & Bakery

Le Petit

1 269

Remark: Data as of December 31, 2013

6

149 157 172 176

141 157 182 205

2010 2011 2012 2013Bangkok & Metropolitan area Provincial area

Leader in chained restaurant industry with nationwide branches coverage

Dominant Position in Chained Restaurant Industry

Extensive Coverage Nationwide

North

MK & MK Gold 20

Yayoi 4

West

MK & MK Gold 16

Yayoi 3

North East

MK & MK Gold 48

Yayoi 10

South

MK & MK Gold 46

Yayoi 6

East

MK & MK Gold 41

Yayoi 9

BKK & Greater BKK

MK & MK Gold 176

Yayoi 70

Central

MK & MK Gold 34

Yayoi 11

Branches

Japan

MK 35

Japan

an

MK 4

Vietnam

an

MK 2 / Yayoi 4

Singapore

an

MK 1

Indonesia

54%

46%

354 290 314

381

33 42 61 70

18 22

30 43

2010 2011 2012 Q3' 2013

Bangkok & Metropolitan area Provincial area

38%

62%

91

51 64

113

Remark: Data as of December 31, 2013

7

Agenda

Company Overview

2013 Key Financial Highlights

Business Update

8

Gross Profit Margin

Gross Profit

Revenue Contribution

Revenues

Revenues Growth

THB Million

THB Million

In the year 2013, revenues grew 8% while gross profit grew 7%, mainly from branch expansion

2,988 3,381 3,307 3,465

13,141

3,416 3,638 3,575 3,612

14,240

Q1 Q2 Q3 Q4 YTD

2012 2013

+8% YoY

+4% YoY

MK

83%

Yayoi

14%

Others

3%

+1% YoY

+7% YoY

1,977 2,244 2,221 2,306

8,748

2,273 2,394 2,354 2,321

9,342

Q1 Q2 Q3 Q4 YTD

2012 2013

67% 67% 68% 68% 67% 67% 67% 67% 67% 67%

Q1 Q2 Q3 Q4 YTD

2012 2013

9

Net Profit Margin

Net Profit

EBITDA & Net Profit

THB Million

EBITDA

THB Million

In the year 2013, EBITDA & Net Profit were maintained at the same level as those of year 2012

EBITDA Margin

0% YoY

841 817 782 707

3,147

751 749 810 835

3,146

Q1 Q2 Q3 Q4 YTD2012 2013

+18% YoY

0% YoY

554 538 503 436

2,031

486 481 529 543

2,039

Q1 Q2 Q3 Q4 YTD2012 2013

+24% YoY

28% 24%

24% 20%

24% 22% 21% 23% 23% 22%

Q1 Q2 Q3 Q4 YTD

2012 2013

19% 16%

15% 13%

15% 14% 13%

15% 15% 14%

Q1 Q2 Q3 Q4 YTD

2012 2013

10

No. of Customers & SSSG

Negative Same-Store Sales Growth primarily due to the economic slowdown

No. of

Customers

Same-Store

Sales

Growth

Same-Store

Sales

Growth

12.0 13.5 12.6 13.2

51.3

12.8 13.6 12.6 12.3

51.3

Q1 Q2 Q3 Q4 YTD

2012 2013

6%

14%

6%

-2%

2%

-4% -4% -6%

1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13

33%

26%

9%

-4% -4% 5%

7%

-4%

1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13

11

D/E Ratio

Liabilities & Shareholders’ Equity

Total Assets

Financial Position as at December 2013

THB Million THB Million

15,006

Current Ratio

Liquidity is at a comfortable level as well as strong capital base to support growth

1,333 4,943

3,753

10,063

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

31-Dec-12 31-Dec-13

Current Assets Non Current Assets

5,086

15,006

3,615 2,482

1,471

12,524

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

31-Dec-12 31-Dec-13

Total Liabilities Shareholders's Equity

5,086

2.46

0.20

31-Dec-12 31-Dec-13

0.39

2.17

31-Dec-12 31-Dec-13

12

Agenda

Company Overview

2013 Key Financial Highlights

Business Update

13

Continued expansion strategy with shopping complexes, modern trade stores and community malls covering

nationwide

Outlet Expansion

35

20

9

MK Yayoi Others

10 21 30

57

1Q13 2Q13 3Q13 4Q13

MK Yayoi Others Accum.

No. of New

Outlets 2013

No. of New

Outlets 2014

14

Marketing Campaign “สุขล้น รวยล้าน”

15

Start operation in March 2014

Status Update - New Central Kitchen

16

Continuous Growth Plan

Medium Term Outlook

2013

2017 Target

International expansion

MK: 10 branches

Yayoi: 15 branches

2017

2013 Plan

65 branches expansion

(MK: 45 and Yayoi: 25)

New factory (CK5) @ 27,000 sq. m.

with budget of THB 1,000 mm

New office @ 5,500 sq. m.

with budget of THB 320 mm

2013 YTD Progress

MK: 29 branches

Yayoi: 22 branches

Other Brands: 6 branches

New factory (CK5) started operation

since March 2014

Completion of new head office

construction

Expansion Plan

Domestic:

Focus on MK and Yayoi brand, particularly in suburban area

Feasibility study and market testing for the expansion of Hakata

and Miyazaki

Potential to acquire sizeable brand that is scalable by leveraging

on M’s infrastructure (i.e., central kitchen and logistic network)

M has cash from IPO proceed that could be use to fund the new

brand acquisition

International:

Continue to test the possibility to expand internationally through

JV or franchise with partner who understands local market

Potential to acquire established international chained restaurant