Agenda. Overview Introduction. Group Structure. Market Overview. Financial Highlight FY2015. How & Why to Restructure?

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1 Disclaimer The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for shares of Asiasoft Corporation Pcl. ( Asiasoft ) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. This presentation may include information which is forward-looking in nature. Forward-looking information involve known and unknown risks, uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the markets in which Asiasoft operates and general achievement of Asiasoft business forecasts, which will cause the actual results, performance or achievements of Asiasoft to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation This presentation has been prepared by Asiasoft. The information in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of Asiasoft or any of its agents or advisers, or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied upon directly or indirectly for any investment decision-making or for any other purposes This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or in part, be reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws 1

2 Agenda Overview Introduction Group Structure Market Overview Financial Highlight FY2015 How & Why to Restructure? 2

3 Overview Introduction

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12 Portfolio in Year 2015 MOBA 3Games 11% Web-Based 1Games 4% Mobile 4Games 15% MMO 12Games 44% FPS 3Games 11% Casual 4Games 15% Mobile 5Games 29% MOBA 2Games 10% Mobile 4Games 19% MMO 7Games 33% MOBA 3Games 18% Casual 2Games 12% MMO 6Games 35% Note: some game were served in more than one country FPS 3Games 14% Casual 5Games 24% 12

13 Group Structure

14 Domestic Total 17 companies in AS Group Subsidiaries Subsidiaries Overseas 1. Asiasoft International Co., Ltd. 2. A Capital Co., Ltd. 3. Miryn Innovation 4. Thinkplus Digital Co., Ltd. 5. Playcyber Games Co., Ltd. 6. Playpark Co., Ltd. 7. Funbox 1. Asiasoft Online Pte. Ltd. 2. Asiasoft Online Sdn. Bhd. 3. CIB Development Sdn. Bhd. 4. Level Up!., Inc. 5. PT Asisoft 6. Trilight Cove Enterprises Ltd. Associates 1. Thaiware Communication Co., Ltd. 2. Cybergame Corporation Co., Ltd 1. Playpark Inc. 2. Pomelo Associates

15 Thai Ware TCG 40.00% 30.00% Domestic ASI * A Capital Playpark PCG Miryn Thinkplus Funbox ** 99.99% 99.99% 99.99% 99.99% 65.00% 60.00% 99.99% Local Investment Asiasoft Corporation PCL Overseas Investment 61.68% 99.99% % 11.01% CIB ASI * LUI Pomelo % % % % 79.90% 40.00% CIB Net Chinesego ASO ASM PTA Playpark Inc % Overseas TLC Remark: * Investment in Overseas ** On Liquidation Process

16 Domestic Subsidiaries ASI - Thaicyber Game * - Thaiware * Funbox A Cap Playpark Asiasoft Miryn Playcyber Game Thinkplus Remark: * Associates Company

17 Oversea Subsidiaries - Asiasoft Online Pte Ltd. - Pomelo * - Trilight Cove Singapore Vietnam Malaysia Asiasoft - CIB Development. - AS Online Sdn Bhd. - PT Asiasoft Indonesia Philippine - Level Up Inc. - Playpark Inc.* Remark: * Associates Company

18 Market Overview 18

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23 Online Game Publishers Breakdown by Market Market No. of Game No. of Publisher New 2015 Closed FY 2015 New 2015 Closed FY 2015 Thai Singapore Malaysia Vietnam Philippines Total Remark: All games are shown including only PC games, excluding mobile games 23

24 Online Game Publishers in Thailand TOTAL: 78 Games 111 Games 129 Games 165 Games 196 Games 158 Games 94 Games 27 New Games 34 New Games 44 New Games 61 New Games 75 New Games 47 New Games 23 New Games 32 Companies (5 New companies) (5 close company) 1 40 Companies (11 New companies) (3 close company) Companies (10 New companies) (3 close company) 49 Companies (9 New companies) (8 close company) 4 35 Companies (1 New companies) (15 close company) Only new comers entered the market in 2015; however, there were also 15 companies closed down with total of 35 publishers at the end of

25 Thailand Market Overview Online Game by Game Type Asiasoft Leading on MMO & Casual Web 5% MOBA 22% MMO 22% Other 31% Garena 33% FPS 14% Casual 37% Asiasoft 36% 25

26 Singapore & Malaysia Market Overview Online Game by Game Type Market Share MOBA 58% MMORPG 19% Casual 10% Other 20% Asiasoft 25% Garena 11% FPS 13% Valve 39% Long Tu Zhi 5% 26

27 Philippine Market Overview Online Game by Game Type Market Share MOBA 58% MMORPG 5% Casual 1% Other 32% Gameclub 28% FPS 36% Garena 25% Asiasoft 15% 27

28 Vietnam Market Overview Online Game by Game Type Market Share MOBA 45% MMORPG 45% Valve 3% Other 17% VNG 35% VTC 11% FPS 3% Casual 7% Garena 34% 28

29 Indonesia Market Overview Online Game by Game Type Market Share MOBA MMORPG Lyto Other 8% 13% 4% 8% Garena 41% Casual Kreon 22% 23% FPS 55% Megaxuz 24% 29

30 Financial Highlight 30

31 Revenue decrease YoY What happened in 2015 A few new games launched in 2015 both Domestic and Overseas Close of unprofitable games over past 12 months Delays on launching new game in order to have a proper service and convenience to players. The existing games and new games generate lower revenue Net Profit decreased YoY (excluding one off items) Net Profit significantly dropped to -114 MB. mainly due to - Revenue dropped on existing and new games, delays of games, but Mobile and Advertising business unit are increasing from last year. - COGS decreased 34% from previous year due to lower cost on Network, Royalty and Employee 38%,34%and 22% respectively. - SG&A increased 1% mainly due to promotion expense. Note: Net Profit excluding one off items

32 Financial Highlights (Exclude one off items) Unit: THB mn Revenue COGS 29% 34% 1, , , Revenue SG&A EBITDA Net Profit % 63% %

33 Financial Highlights (Include one off items) Unit: THB mn Revenue 29% 1,156.9 COGS 1, % , , Revenue SG&A 11% EBITDA 19% 51.9 Net Profit 24%

34 Balance Sheet Structure Unit: THB mn Dec 31, 2015 Assets 795 Liabilities 576 Equities 219 Unit: THB mn Asset Current Asset LIABILITIES 576 Non-Current Asset 347 Liabilities Current Liabilities Non-Current Liabilities 15 Equity Share Premium 797 ASSET EQUITY Registered Paid-Up 307 Legal Reserve 32 Return Earning

35 How & Why to Restructure? How? Centralization Share Service Model Sell Merge or Transfer Close Down Joint Venture New Game/Service Why? Lean process Cost reduction Gain more Market Share Make Profit 35

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