- Malee Group Public Company Limited held an Opportunity Day on August 17, 2016 to provide an overview of the company and its financial results. - In the first half of 2016, Malee saw sales growth of 39% and net profit growth of 74% driven by increases in both domestic and international brand and contract manufacturing sales. Profitability margins also improved due to cost controls and higher production utilization. - Looking forward, Malee aims to continue growing its juice, coconut water, and other beverage sales both domestically in Thailand and internationally through exports and its joint venture in the Philippines. The company also seeks to manage costs and maximize production efficiency.

1. Malee Group Public Company Limited
Q2/2016 Opportunity Day
17 August 2016

2. Disclaimers
1
The information contained herein is intended to represent the Company’s operating
and financial position at a given point in time and may also contain forward looking
information which only reflects expectations based on the prevailing geo-political,
economic and non-controllable factors. Such information has been obtained from
sources believed to be most reliable and the means in analyzing and preparation of
such information for disclosure are based on approve practices and principles in the
investment industry. The views are based on assumption subject to various risks and
uncertainties and no assurance is made as to whether such future events will occur.
No assurance is made as to the accuracy or completeness of information presented
in this document.

3. Agenda
2
• Company Overview
• Business Update
• Results of Operations and Profitability
• Forward Looking

4. Stock Symbol: MALEE
Industry and Sector: Agro & Food Industry / Food and
Beverage
No. of Listed Shares: 140,000,000 Shares
Registered Capital: THB 140,000,000
Paid-up Capital: THB 140,000,000
Par Value: THB 1 per Share
Listing Date: 13 March 1992
Foreign Limit: 49% (available 45%)
Dividend Policy: Not less than 50% of the net profit from
normal operation according to
consolidated financial statement after
deduction of tax revenue and legal reserve
Market Capitalization: 9,940MB or 285MUSD
Free Float: 47.77%
Group Structure
3
Group Structure
Malee Group Pcl.
“Manufacturing and Export”
Malee Enterprise Co., Ltd.
(MEC)
“Domestic Sale and Marketing”
Share Information (As of 11 August 2016)
Abico
Holdings
Pcl
26.4%
Kamolchat
Jeungrung
reungkit
18.6%
Thai NVDR
13.1%
Others
41.9%
A leading manufacturer and distributor of canned
fruits, fruit juices & beverages in Thailand.
Agri Sol Co., Ltd.
(AGR)
“Dormant”
Malee Harvest Co., Ltd.
(MHC)
“Agro Business”
Monde Malee Beverage
Corp. (MMBC)
“Beverage Business in Philippines”
Lanchang Farm Co., Ltd.
(LCF)
“Hydroponic Farm”
100%100%
70%
49%100%
Shareholding Structure (As at 04 May 2016)

5. Milestones
4
2013
1978
1981
1992
• On 26 September 1996, MALEE increased
its capital from 250MB to 500MB.
1995
• On 9 April 2013, MALEE decreased
its registered capital to 182MB, with
paid-up capital of 140MB. 2014
2016
• On 2 February 1978, Malee Sampran
Factory Co., Ltd. was established with capital
of 10MB as a manufacturer and distributor of
canned food and canned fruits.
• On 3 March 1992, MALEE was listed on the
Stock Exchange of Thailand (SET).
1998
1996
• MALEE decreased its registered capital to
140MB, with paid-up capital of 140MB.
• In Q1/2016, MALEE, together with Monde Nissin
Corporation (MNC) set up the joint venture
company in the Philippines called Monde Malee
Beverage Corporation (MMBC).
• The Company expanded production base on the land of 30
rais in Sampran District, Nakhon Pathom Province.
• In April 1995, Abico Holding Pcl
acquired 40% or 10 million shares of
250MB from the existing shareholders.
• On 15 May 1998, the Company changed its
name to Malee Sampran Pcl.
• On 12 May 2016, the Company changed its name
to Malee Group Pcl.
• On 9 Dec 1998, MALEE increased its capital to
999.99MB, with paid-up capital of 700MB.

6. 1,302
1,600 1,682 1,537
1,931 2,140
2,357
2,615 2,706 2,861
1,525
2,797 2,405 2,021
1,546 898
1,510
1,737
1,603
2,065
2,567
1,768
2,062
869
25 (93)
(295)
131 106 228
646
283 307 331
252
-1,000
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 6M/2016
Unit: Million Baht
CMG Brand Net Profit
10-Yr Historical Performance
5
Flood
Impact
1st half

7. Malee Brand Portfolio
6
Daily Nutrition
Functionality Tactical
Malee 100%
Juice UHT
Malee 100%
Juice
Pasteurize
Malee
Coco
Malee
Nutrients
Malee
i-Corn
Malee
Healti
Plus
Malee Food
Service
Malee
Tropical
Malee
Canned
Fruit
Non - Malee
Fruit & Dessert
Diary Product
Other Beverages
Fruit & Dessert Snack & Dessert
First Choice Farmer Leros
Chokchai Farm
UHT Pasteurize
Canned
Sweetened
Condensed Non
Dairy Creamer
TurBusta Maxx
Malee
Light
Malee
Probiotics

8. Agenda
7
• Company Overview
• Business Update
• Results of Operations and Profitability
• Forward Looking

9. Domestic RTD Fruit Juice
Market
8
Source: Neilson
Premium Market
(100% RTD Fruit
Juice)
5,075MB
36%
Medium Market
(40-99%% RTD
Fruit Juice)
1,252MB
9%
Economy Market
(20-39% RTD Fruit
Juice)
3,320MB
23%
Super Economy
Market (<19%
RTD Fruit Juice)
2,281MB
16%
Others
2,255MB
16%
(+6% YoY)
(-2% YoY)
(+9% YoY)
(+15% YoY)
(Unchanged YoY)
MAT Jun 2016 Market Value of 14,183 MB, Growth of 5% YoY

10. Premium Juice UHT Market
Share
9
MAT Jun 2016 Market Value of 4,631 MB, Growth of 7% YoY
Tipco
29%
Malee
22%Unif
14%
Doikham
19%
UFC
1%
Cocomax
8%
Others
7%
Tipco
39%
Malee
21%
Unif
17%
Doikham
15%
UFC
1%
Cocomax
1% Others
6%
MAT Jun 2015 MAT Jun 2016
Note: Including Coconut Water

11. Sales Structure
10
CMG: Contract Manufacturing
Domestic : Export Brand : CMG
 Q2/2016 Domestic sales growth was 24% YoY.
 Q2/2016 Export sales growth was 76% YoY.
 Q2/2016 Brand sales growth was 15% YoY.
 Q2/2016 CMG sales growth was 69% YoY.
79%
71% 69% 69% 66% 63%
21%
29% 31% 31% 34% 37%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Domestic Export
52%
55% 56%
48%
47% 46%
48% 45% 44%
52% 53% 54%
25%
30%
35%
40%
45%
50%
55%
60%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Brand CMG

12. Domestic Business
11
NewProducts
“New Products of caring message from farmers to consumers”
“The Caring Message”
Campaign

13. International Business
12
Monde Malee Beverage Corporation (MMBC) Update
• MMBC is the joint venture company between MALEE and Monde Nissin Corporation
(MNC) in Philippines.
• The first SKU of MMBC is KRATOS, RTD Coffee.
• KRATOS volumes are now being driven by CVS (on convenience store shelves since
June 2016).
• Challenge: new players with low pricing strategy

14. 6M/2016 Export Brand Sales by
Country
13
e
Cambodia
27%
Philippines
26%
China
17%
Laos
4%
Myanmar
3%
Others
23%

15. Global Trend of Coconut Water
14
e
 Technavio, a leading market research
company headquartered in UK with global
coverage, projects the global coconut
water market to grow stupendously at
CAGR of around 25%, in terms of
revenue, during 2015-2019.
 Technavio predicts the coconut water
market in U.S. to grow impressively at
CAGR of more than 26% over 2014-
2019.
 Technavio predicts the coconut water
market in Europe to grow stupendously at
CAGR of more than 23% over 2016-
2020.

16. Agenda
15
• Company Overview
• Business Update
• Results of Operations and Profitability
• Forward Looking

17. 1,261
1,751
2,546
3,293
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
Q2/15 Q2/16 6M/156M/16
Financial Highlights
16
Sales
Net Profit
 Sales growth in Q2/2016 and
6M/2016 was supported by sales
increase both in Brand and CMG,
both of which rose domestically and
internationally.
1,285 1,261 1,330 1,552 1,541 1,751
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Sales Revenue
Unit: Million Baht
+39%
YoY
+29%
YoY
85 82
58
105 110
143
0
50
100
150
200
250
300
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Net Profit
Unit: Million Baht
82
143
167
252
0
50
100
150
200
250
300
Q2/15 Q2/16 6M/156M/16
+74%
YoY
+51%
YoY
 Net Profit growth in Q2/2016 and
6M/2016 was driven by improved
sales revenue while costs were well
managed including production cost,
selling expenses, and finance costs.

18. Profitability Margin
17
32.5% 33.3% 34.0% 31.6% 31.5% 33.5%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
%Gross Profit Margin
33.3%33.5% 32.9%32.6%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Q2/15Q2/16 6M/156M/16
18.2%15.8% 17.9%15.2%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Q2/15Q2/16 6M/156M/16
17.7% 18.2% 21.2%
16.1% 14.5% 15.8%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Selling Expenses/Sales
6.4% 6.4% 4.4% 6.7% 7.1% 8.1%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
%Net Profit Margin
6.4% 8.1% 6.4% 7.6%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
Q2/15Q2/16 6M/156M/16
 Improved gross profit margin in
Q2/2016 was encouraged by reduced
cost of production per unit in relation
to higher utilization rate.
 Slightly less gross profit margin in
6M/2016 was mainly contributed by
the change in product sales mix.
 Reduced selling expenses to sales in
Q2/2016 and 6M/2015 was supported
by the group’s cost control policy and
increased sales ratio of CMG.
 Higher net profit margin in Q2/2016
and 6M/2016 was supported by
increased sales revenue while costs
were well managed.

19. Statement of Financial Position
18
2,944
2,843
2,977
3,061 3,070
3,213
260000.0%
270000.0%
280000.0%
290000.0%
300000.0%
310000.0%
320000.0%
330000.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Total Assets
1,814
1,685
1,831 1,806
1,705
1,804
160000.0%
165000.0%
170000.0%
175000.0%
180000.0%
185000.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Total Liabilities
Unit: Million Baht
 Increased total assets was mainly from
investment in machinery and software as
well as higher inventories, trade receivables,
and investment in a joint venture company in
the Philippines.
 Reduced liabilities was resulted from
repayment of loan from financial institutions.
1,126 1,156 1,144 1,250 1,359 1,403
0.0%
20000.0%
40000.0%
60000.0%
80000.0%
100000.0%
120000.0%
140000.0%
160000.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Equity
Unit: Million Baht  Increased equity of parent Company's
shareholders was contributed by additional
retained earnings from net profit.
Unit: Million Baht

20. Liquidity
19
1.06 1.07 1.06 1.13 1.19 1.19
0.58 0.55 0.53
0.66 0.70 0.67
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
110.0%
120.0%
130.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Current Ratio (x) Quick Ratio (x)
80 84 96 89 78 74
0.0%
2000.0%
4000.0%
6000.0%
8000.0%
10000.0%
12000.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
Cash Cycle Days
 Improved current ratio but lower quick ratio,
compared with the end of 2015, was
encouraged by loan repayments, higher
trade receivables, and larger inventories.
 Improved cash cycle days were resulted from
reduced collection days and inventory days, in
spite of shortened payment days
0.83 0.74 0.87 0.68
0.51 0.50
1.61 1.46 1.60
1.45
1.25 1.29
0.0%
50.0%
100.0%
150.0%
200.0%
250.0%
300.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
IBD/E (x) D/E (x)
 Reduced leverage ratios, compared with the
end of 2015 was resulted from operating
profit and loan repayments.

21. Return to Shareholders
20
33%
52% 50% 50%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
2012 2013 2014 2015
Dividend Payout Ratio
15.0% 15.1% 13.7% 14.8% 15.8%
18.2%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
ROA
28.0% 27.8% 27.3%
29.3% 28.6%
32.5%
24.0%
25.0%
26.0%
27.0%
28.0%
29.0%
30.0%
31.0%
32.0%
33.0%
Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16
ROE
Note: Annualized
 ROA and ROE improved since net profit
has substantially increased while the
Company has continuously paid dividend
to its shareholders twice a year.
 The Company has policy to pay dividend of
not less than 50% of consolidated net profit
after deduction of tax revenue and legal
reserve.
Note: Annualized

22. Agenda
21
• Company Overview
• Business Update
• Results of Operations and Profitability
• Forward Looking

23. Forward Looking – 3 Key
Strategies
22
Partner
People
Do More with Less
 Focus on business
partners with expertise
for business expansion
 Treat all customers and
suppliers fairly and as
long time partners.
 Develop employees both
in term of capability and
mindset to be ready and
growing together with the
Company’s explosive
growth.
 Enhance efficiency and cost
reduction initiatives
 Develop risk management plan
to support robust sales
growth
 Invest in infrastructure to
prepare for enhancement.

24. For more information, please contact: ir@malee.co.th.
Tel: +66 2992 5800 Ext 4040