SYNNEX (Thailand) Public Company Limited

Q2/15 Opportunity Day

14 September 2015

2014 : US$31+ Billion Global Distributors

Across 30 countries, 184 offices

SYNNEX APAC Group : Taiwan (HQ), HK, China, Australia, NZ, Thailand

Redington Group : India, Srilanka, Middle East, Africa, Turkey

SYNNEX USA Group : Canada, USA, Mexico

Operating History & Current Position....

Taiwan 1975 No.1

USA 1992 No.3

HK / China 1997 No.2

Australia 1998 No.2(New Zealand)

Thailand 1999 No.1

India 2005 No.2

Middle East/Africa 2005 No.1

Turkey 2010 No.2

• PC, NB, Tablet, Printer

Projectors

• Server and Storage

• Switch, Router, UC,

Video

• IPS, Next Gen. Firewall

and other Security

Appliance

• Volume License, CAD

Software, Security

Software

2015 Commercial Products Portfolio

• PC, NB, Tablet,

Smartphone

• CPU, Hard disk, Main

Board, Memory, VGA,

Monitor

• Printer, Scanner, TV,

Projector, Camera,

Flash Memory,

Accessories

• Toner, Ink cartridge and

other consumables

such as paper and

office supplies

2015 Consumer Products

Portfolio

ICT

Information and

Trends

Updated Q2 2015

Worldwide Devices Shipments by Device Type,

2014-2017 (Millions of Units)

Device Type 2014 2015 2016 2017

Traditional PCs (Desk-Based and Notebook) 277 251 243 233

Ultramobiles (Premium) 37 49 68 89

PC Market 314 300 311 322

Ultramobiles (Tablets and Clamshells) 226 214 228 244

Computing Devices Market 540 514 539 566

Mobile Phones 1,879 1,940 2,007 2,062

Total Devices Market 2,419 2,454 2,546 2,628

Note: The Ultramobile (Premium) category includes devices such as Microsoft's Windows 8

Intel x86 products and Apple's MacBook Air.

The Ultramobile (Tablets and Clamshells) category includes devices such as, iPad, iPad

mini, Samsung Galaxy Tab S 10.5, Nexus 7 and Acer Iconia Tab 8.

Ultramobiles — All Ultramobile Basic and Utility Devices.

Source: Gartner (July 2015)

Preliminary Worldwide PC Vendor Unit Shipment

Estimates for 2Q15 (Thousands of Units)

Company

2Q15

Shipments

2Q15 Market

Share (%)

2Q14

Shipments

2Q14 Market

Share (%)

2Q15-2Q14

Growth (%)

Lenovo 13,456.90 19.7 14,440.40 19.1 -6.8

HP 11,924.20 17.4 13,174.30 17.4 -9.5

Dell 9,587.90 14 10,082.10 13.3 -4.9

Asus 4,652.60 6.8 5,183.00 6.9 -10.2

Acer Group 4,558.00 6.7 5,710.60 7.6 -20.2

Others 24,220.70 35.4 26,978.40 35.7 -10.2

Total 68,400.30 100 75,568.80 100 -9.5

Notes: Data includes desk-based PCs, notebook PCs and ultramobile premium.All data is estimated based on a preliminary study. Final estimates will be subject to change. The statistics are based on shipments selling into channels.Numbers may not add up to totals shown because of rounding.Source: Gartner (July 2015)

Top Five Smartphone Vendors - Worldwide Shipments,

Market Share, and YOY Growth

Q2 2015 Preliminary Data (Units in Millions)

Vendor

2Q15 Shipment

Volumes

2Q15 Market

Share

2Q14 Shipment

Volumes

2Q14 Market

Share YOY Change

Samsung 73.2 21.70% 74.9 24.80% -2.30%

Apple 47.5 14.10% 35.2 11.70% 34.90%

Huawei 29.9 8.90% 20.2 6.70% 48.10%

Xiaomi 17.9 5.30% 13.8 4.60% 29.40%

*Lenovo 16.2 4.80% 15.8 5.20% 2.40%

Others 152.5 45.20% 142.2 47.10% 7.30%

Total 337.2 100.00% 302.1 100.00% 11.60%

Lenovo + Motorola 16.2 4.80% 24.3 8.00% -33.30%

Source: IDC Worldwide Quarterly Mobile Phone Tracker, July 23, 2015Data is preliminary and subject to change.Vendor shipments are branded device shipments and exclude OEM sales for all vendors.The "Vendor" represents the current parent company (or holding company) for all brands owned and operated as subsidiary.For year-over-year comparison, an extra line has been added below the quarterly and annual tables to show what Lenovo's growth would have looked like had its acquisition of Motorola been completed prior to the start of 4Q2014.

Worldwide: Server Vendor Shipments Estimates, 2Q15 (Units)

Source: Gartner Dataquest (August 2015)Additional information is available to subscribers of the Gartner Servers Quarterly Statistics Worldwide program.This program provides worldwide market size and share data by vendor revenue and unit shipments.Segments include: region, vendor, vendor brand, sub brand, CPU type, CPU group, Max CPU, platform, price band, operating systems and distribution channels.

Company 2Q15 Shipments 2Q15 Market

Share (%)

2Q14 Shipments 2Q14 Market

Share (%)

2Q15-2Q14

Growth (%)

HP 583,790 21.7 569,795 22.9 2.5

Dell 485,745 18 487,923 19.6 -0.4

Lenovo 222,206 8.3 77,774 3.1 185.7

Huawei 122,565 4.6 88,485 3.5 38.5

Cisco 82,473 3.1 79,270 3.2 4

Others 1,194,464 44.4 1,189,454 47.7 0.4

Total Market 2,691,244 100 2,492,702 100 8

2015 New Products

Windows 10 is familiar and easy to use, with lots of similarities to Windows 7 including the Start menu. It starts up and resumes fast, has more built-in security to help keep you safe, and is designed to work with software and hardware you already have.

Source: Microsoft.com

CPU: Hisilicon Kirin 930, 8-core 64bit, 2.0GHz

Display: 5.2’’ FHD Screen, 1080p (1920 x

1080), 424ppi 16M colors

Source: Huawei.com

CPU:Exynos 7420 Octa Core(Quad 2.1GHz+Quad 1.5GHz)

Screen:5.7” Super AMOLED (143.9mm)2560 x 1440 (Quad HD)

Camera:Rear : CMOS 16.0MP(F1.9)Front : CMOS 5.0MP(F1.9)

Source: Samsung.com

Source: intel.com

Intel Compute Stick

Use Your Television for More Than TV

Looking to bring computing to new places? The Intel®

Compute Stick is exactly what you’re looking for. It

transforms any HDMI* TV or monitor into a full

computer, allowing you to search the web, share your

vacation photos, keep up on your email or do any of

the tasks that you do on your computer today. All you

need is a wireless keyboard and mouse and you’re set.

H1Y2015 Review

H1Y2015-H1Y2014 Products Group Revenue

Grew 12.6% from 9,085M to 10,228M

+3.5%

+5.4%

+41.4%

YoY Highlight & Lowlight Products H1Y2015-H1Y2014

(Revenue Increase/Decrease)

• Smartphones grew 33.5%

• Flash Memory increased

11.5%

• Network Equipment with

strong increase, of 59%

• Server grew 106%

• Commercial NB & PC

increase 57.6%

• Consumer Notebook PC

continues to drop 16%

• Consumer Desktop PC

decreased 33%

• Tablet dropped

5.5%Desktop

• Hard Disk dropped 8.4%

Financial Highlights

4,680 4,789 5,0824,209 4,437 4,616 5,080 4,959 5,087 5,110

5.60%

4.89%4.51%

5.41%

4.13%3.81% 4.04%

4.59% 4.65%5.21%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

0

1,000

2,000

3,000

4,000

5,000

6,000

Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15

Revenue Gross Profit Margin

121 36 82

(18)

39 21 62 61 80 86

2.59%

0.75%

1.62%

-0.42%

0.87%

0.46%

1.21% 1.22%1.57% 1.69%

-1.00%

-0.50%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

(40)

(20)

0

20

40

60

80

100

120

140

Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15

Net Profit Net Profit Margin

Revenues

Net Profit and Net Profit Margin

Financial Performance

Financial Highlight

Q2/15 Q2/14 1H/15 1H/14

Sales 5,110.18 4,615.77 11% 10,197.66 9,052.29 13%

COGS (4,844.16) (4,439.71) 9% (9,695.02) (8,692.78) 12%

Gross profit 266.02 176.06 51% 502.64 359.51 40%

% GP 5.21% 3.81% 36% 4.93% 3.97% 24%

Other Incomes 17.13 6.70 156% 24.20 11.00 120%

Operating Expenses (177.90) (159.78) 11% (338.07) (323.12) 5%

% OPEX 3.48% 3.46% 1% 3.32% 3.57% -7%

EBIT 105.25 22.98 358% 188.76 47.39 298%

% EBIT 2.06% 0.50% 314% 1.85% 0.52% 254%

Finance Cost (8.73) (3.73) 134% (18.35) (9.08) 102%

EBT 96.52 19.25 401% 170.41 38.30 345%

Tax (22.08) (6.93) 219% (41.73) (15.35) 172%

Norm. Profit 74.44 12.32 504% 128.69 22.96 461%

Fx gain/(loss) 10.09 8.82 14% 32.92 36.69 -10%

Net Profit 84.53 21.14 300% 161.61 59.65 171%

% Net profit 1.65% 0.46% 261% 1.58% 0.66% 141%

Outstanding Shares 770.33 770.33 770.33 770.33

Profit (Loss) attributable to

Equity holders of the parent 60%86.35 166.15

% Profit (Loss) attributable to

Equity holders of the parent 60%1.69% 1.63%

Profit (Loss) attributable to non-

controlling interests 40%(1.82) (4.53)

Unit : MBQuarter YTD

%YOY%YOY

1.65 1.49

1.26

1.66 1.78

0.61 0.66

0.34

0.84 0.73

-

0.20

0.40

0.60

0.80

1.00

1.20

1.40

1.60

1.80

2.00

2011 2012 2013 2014 1H2015

Liabilities to Equity IBD to Equity

4.40 4.90 4.70 5.65 6.08

2.802.90 2.60

3.523.891.60

2.00 2.10

2.132.19

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

2011 2012 2013 2014 1H2015

Asset Liabilities Equity

Well Balanced Capital Structure

Balance Sheet

THB BN

Debt to Capitalization

Cash Cycle (Days)

Times

3842

49 5054

2326

31 3035

2428 30

33 33

4044

4853 52

0

10

20

30

40

50

60

2011 2012 2013 2014 1H2015

- Average collection period - Average payment period

- Average age of inventory - Cash Cycle

Dividends and Share Information

Dividend Policy: Policy of paying a minimum of 40% of net profit after tax, after reserve required by laws and other reserves.

YearOperation

period

Payment

DateDividend (Per Share) EPS

Dividend Payout

Ratio

Cash Dividend 0.22

Stock Dividend 10:012012 Jan-Dec 2012 14/5/2013 0.53 60.38%

Note:

0.21

0.30

0.40

0.560.53

0.29

0.240.21

0.12

0.22 0.25

0.27

0.32

0.15 0.13

0.08

57%

73%

63%

48%

60%

52%54%

38%

0%

10%

20%

30%

40%

50%

60%

70%

80%

0.00

0.10

0.20

0.30

0.40

0.50

0.60

2008 2009 2010 2011 2012 2013 2014 1H2015

EPS DPS Dividend Payout