1

JMART Group Q2/2020 Earning Update and Forward Looking

Disclaimers

2

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.

2Jaymart Public Company Limited

https://www.facebook.com/groups/JMART.JMT/

3

SynergyChapter 5

2020

4

Jaymart Group A Unique Business Model

Group Retail Group Finance Technology

5

New HighAcquired & IPOGroup Restructure

Holding Company

Technology

Preparation

Synergy

ExpansionCapital Injection

5,5006,900 6,400

10,120 9,500 10,000

2015 2016 2017 2018 2019 202020202015 2016 2017 2018 2019

Jaymart Group Investment*

*Total of each company key investment

Unit: MB

6

Jaymart Group Key Performance Highlights Q2/2020

mbQ2/2020 Net Profit

Record High Quarterly Net Profit in JMART, JMT

and Singer.

Maintain at Same Level as end of 2019.

6.6%Q2/2020 Net Profit Margin

Highest Net Profit Margin in 6 quarters consecutively.

Reflect Profitability Performance.

2.49 timeQ2/2020 IBD/E ratio

161

1 2 3

7

Jaymart Group Quarterly Net Profit 2009 - 2020

20 2610

3423

1123

3925

3850 58 51

6881

148

7895

104

123

85 91

66

108

74

50

88

111

89102109

139

115

148131

96

-187

45

3

-137

118137

125

154

105

161

-250

-200

-150

-100

-50

0

50

100

150

200

Q1

/20

09

Q2

/20

09

Q3

/20

09

Q4

/20

09

Q1

/20

10

Q2

/20

10

Q3

/20

10

Q4

/20

10

Q1

/20

11

Q2

/20

11

Q3

/20

11

Q4

/20

11

Q1

/20

12

Q2

/20

12

Q3

/20

12

Q4

/20

12

Q1

/20

13

Q2

/20

13

Q3

/20

13

Q4

/20

13

Q1

/20

14

Q2

/20

14

Q3

/20

14

Q4

/20

14

Q1

/20

15

Q2

/20

15

Q3

/20

15

Q4

/20

15

Q1

/20

16

Q2

/20

16

Q3

/20

16

Q4

/20

16

Q1

/20

17

Q2

/20

17

Q3

/20

17

Q4

/20

17

Q1

/20

18

Q2

/20

18

Q3

/20

18

Q4

/20

18

Q1

/20

19

Q2

/20

19

Q3

/20

19

Q4

/20

19

Q1

/20

20

Q2

/20

20

8

Jaymart Group Earning Momentum: Cross Over Point

Compound Earning from Subsidiaries leads JMART Earning growth in future.

Cross Over Point in Earning

JMT

JMART01 No Loss in Subsidiaries in H2/2020

02ATH Earning in JMT and Singer

03 Earning Cross Over

H2/2020 Mission

118137

124

154

105

161

144 149

189 198 207227

Q1/2019 Q2/2019 Q3/2019 Q4/2019 Q1/2020 Q2/2020

118137

124

154

105

161

144 149

189 198 207227

Q1/2019 Q2/2019 Q3/2019 Q4/2019 Q1/2020 Q2/2020

*Forecast Figure

9

Jaymart Group Target: Cross Over Point

-50

0

50

100

150

200

250

300

350

1 2 3

JMT 52% JMB JFT JAS 75% Singer 30% Other

Q2/2020 Q3/2020 Q4/2020

Cross Over Earning

Jaymart Group Business DNA

Exponential Business Model

Synergy

DigitalTransformation

Fintech

Jaymart Group Digital Transformation

JMT & JPI Singer

Direct Sale Application

Debt Collection Technology &

Insure Tech

JMB, J and BB J Fintech

Digital LendingBlock chain

Block chain AGMJ DID

Online and Application

J Ventures

Jaymart GroupSum of the Parts (SOTPs)

Potential of Portfolios

under management

C4C Portfolio Expansion

Condo + The Jas Village

AIS partner + 5G trend

Partnership with KB

Kookmin

Digitization and Blockchain

TechnologyKey

Drivers

Listed Co. holding Value

= 15,545 M.THB

or 17.1 THB/Share

Non-listed Co. holding Value = 5,700 M.THB

+

Valuation GAP

5,100

7622,000 1,200

2,500

12,693

0

5,000

10,000

15,000

20,000

JMT Singer J JMB JFintech JVC JMART

13,444

(52.6%)1,530

(30.0%)

542(74.9%)

21,245 M.THB

JMART SOTPs

25,845

As of: 18 Aug 2020

Jaymart GroupSum of the Parts (SOTPs) End 2020

Potential of Portfolios

under management

C4C Portfolio Expansion

Condo + The Jas Village

AIS partner + 5G trend

Partnership with KB

Kookmin

Digitization and Blockchain

TechnologyKey

Drivers

Listed Co. holding Value

= 19,774 MB

or 22 THB/Share

Non-listed Co. holding Value = 5,700 MB

+

Valuation GAP

5,100

7622,000 1,200

2,500

12,693

0

5,000

10,000

15,000

20,000

JMT Singer J JMB JFintech JVC JMART

16,832

(52.6%)2,400(30.0%)

542(74.9%)

JMART SOTPs

As of: 18 Aug 2020

8,000

25,474 M.B32,000

Singer ThailandTarget

2020 as of 19 Aug 2020

20,000

2023

Mkt Cap 2015

540 mb2,255

5,000

Mkt Cap 2020

JMT Network ServicesTarget

Mkt Cap 2020

26,000

100,000

2023

2020 as of 19 Aug 2020

540 mb1,200

IPO 2012

Mkt Cap

12,000 mb

2020

50,000 mb2022

4 Listed

8 Listed(Potential)

540 mb

IPO 2009

1 Listed

Jaymart Group 3 Year Target

2020 as of 19 Aug 2020

Synergy

Jaymart Group Business Value from Ecosystem (1H/2020)

Insurance

In Jaymart ChannelLower Loss Ratio and

Commission

14

AIS Sim

No. of Sim subscriber

183,342

NPA

NPA EcosystemJAS Asset / J Fintech

17

Mobile Phone

Sale Mobile Phone in ITJ + Singer

742

10

30

2019

H1/2020

Target 2020

31

60

Unit: MB except SIM NO.

330

900

51,827

200,000

19

Insurance

In Jaymart Channel

Lower Loss Ratio and Commission

Jaymart Group Business Value from Ecosystem

X X X

14 Mb2019

10 Mb

30 Mb

H1/2020

Target 2020

20

Jaymart Group Business Value from Ecosystem

X X

Mobile Phone

Sale Mobile Phone in ITJ and Singer

742

330

900

21

Jaymart Group Business Value from Ecosystem

NPA

NPA EcosystemJAS Asset / J Fintech

X X

17

31

60

22

Jaymart Group Business Value from Ecosystem

X X

AIS Sim

No. of Sim subscriber

183,342

51,827

200,000

23

24

JMT Network ServicesGroup Structure

J Asset Management Co., Ltd

99.9%

Jaymart Insurance Broker Co., Ltd J Fintech Co., Ltd

99.9% 9.8%

JP Insurance PCL

55.0%

25

JMT Network ServicesBusiness at a Glance

12%Debt Collection Business

Collection System and well trained staff

79%Debt Acquisition and Management

Data base over 3 million account all nationwide

9%Insurance and Insurance Broker

Insure Tech and Technology

As of Q2/2020

26

JMT Network ServicesKey Highlights for Investment

Even fully amortized investment value. There still has a return after fully amortized investment value (BV = 0).

Book Value (AR investment)

does not reflectJMT valuationP/BV

ROE&

Growth

Net Profit 3Y-CAGR is 33% and24% in ROE as of Q2/2020.

High Investment Return

improve over3 years

NPLmarket

fuel growth

IFRS9 and COVID-19 is a catalyst for bad debt supply

NPL market situation

Gross NPLIncreased

JMT Supreme Quality NPL under management

OS Balance of 100% Fully Amortized PortfoliosP/BV is understated JMT performance

24,529

121,038

36,093

138,397

42,781

146,375

Fully Amortized IRR

2018 2019 H1/2020 2021

1st Wave11,564

27

2nd Wave6,688

“New Bad Debt Acquisition”

“More Fully Amortized”

“Key Drivers for JMT earning Growth”

28

JMT Collection after Fully Amortized is Margin

1 42

86 102 160 154 136

189 270

645

Target 1,000

-

200

400

600

800

1,000

1,200

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

2nd Wave6,688

1st Wave11,564

100% Revenues Trend Line

42,781

29

JMT Q2/2020 Revenues Performance

+1.0%

+37%

+38%

+32%“32% growth in revenues…”

Unit: M.THB

182

868

94

1,144

184

1,191

129

1,506

Debt Collection Debt Acquisition Insurance Total

H1/2019H1/2020

30

JMT Q2/2020 Debt Collection Services Performance

Revenues from Debt Collection ServicesCollection Services Performance

99

135

242

289

364

182 184

2015 2016 2017 2018 2019 H1/2019 Q1/2020

Unit: M.THB Unit: M.THB

18,291

22,35320,133

43,68638,672

30,472

7.7%8.3%

9.3%

4.8%

5.8%

8.8%

7.4%

10.3% 10.5% 10.3%9.9%

8.3%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,000

2016 2017 2018 2019 H1/2019 H1/2020

OS % Success rate % Commission rate

31

JMT H1/2020 Debt Acquisition Milestones (OS Balance)

6,429 13,542

22,017 31,679

63,223

88,683

108,283

124,554

145,557

174,490

189,156

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 H1/2020

Secure Loan

Hire Purchase

Personal Loan

Total

32

JMT 6M/2020 Cash Collection Performance Target 2020: 4,000 MB

“Cash Collection growing”

1 42 86 102 160 154 136 189 270 645

214 448

14 23 54 73 173 194 153

228 417 603

921

1,211

1,282

654

644

17 15 27 82 182 211 256

350 384

287

737

938

1,298

550

607

31 39 81 156 397 491 511

739 954

1,026

1,847

2,418

3,224

1,417

1,699

Y2006 Y2007 Y2008 Y2009 Y2010 Y2011 Y2012 Y2013 Y2014 Y2015 Y2016 Y2017 Y2018 Y2019 6M/19 6M/20

Revenue 100%

Revenue IRR

Amortization of investment

Cash collection

MB

20%

33

JMT Debt Acquisition: Cash Collection and Investment

Collected as % of Investment

499% 266% 426% 531% 286% 295% 227% 158%

Collected Amount

195 43 209 393 349 1,134 907 692

Investment(MB) 39 16 49 74 122 384 399 439

2006 2007 2008 2009 2010 2011 2012 2013

OS Balance (MB)

Collected

Investment

34

JMT Debt Acquisition: Cash Collection and Investment

Collected as % of Investment

147% 128% 189% 122% 46% 17% 2% 90%

Collected Amount

2,373 1,691 1,711 1,951 1,198 575 37 13,456

Investment (MB) 1,613 1,319 906 1,598 2,583 3,368 1,983 14,829

189,157

Total2014 2015 2016 2017 2018 2019 2020

OS Balance (MB)CollectedInvestment

35

JMT Q2/2020 Gross Profit

Q2/2020 Gross Segmentation Q2/2020 Gross Margin

Unit: M.Baht

323 302

385 401

488 502

Q1/2019 Q2/2019 Q3/2019 Q4/2019 Q1/2020 Q2/2020

59%

51%56%

59%63%

66%

61%58%

62%66%

69% 70%

Q1/2019 Q2/2019 Q3/2019 Q4/2019 Q1/2020 Q2/2020

Consol GP

Debt GP

36

JMT Q2/2020 SG&A and Consolidated Net Profit

Q2/2020 Consolidated Net ProfitQ2/2020 %SG&A to Revenues

Unit: % Unit: MB

144

149

190

199 207

227

25%

23%26% 27% 26%

30%

0%

5%

10%

15%

20%

25%

30%

35%

0

50

100

150

200

250

Q1/2019 Q2/2019 Q3/2019 Q4/2019 Q1/2020 Q2/2020

Net Profit

Net Profit Margin

17.1%15.7% 15.0% 15.0%

20.9% 21.3%

Q1/2019 Q2/2019 Q3/2019 Q4/2019 Q1/2020 Q2/2020

*SG&A is included Expected Credit Loss in Secure Loan from IFRS9 new accounting standard.

37

JP Insurance Q2/2020: Improving Performance

Q2/2020 Revenues Breakdown

Loss Ratio (as of Jun 2020)

Motor Non-Motor

2020 41.96% 24.49%

2019 69.17% 80.88%

SINGER Turn-around

SINGER Turn-around

1.Gross Margin Strengthening• Revenue mix - healthy• Product focus with

variety – max margin• Revenue share + Fees

+ Interest earnings

2.Bad Debt Improving• Collection continue to

improve• Reclassify sales &

collection capability KPI

• Improved collection system

3.Loan Portfolio Diversification• Continue expansion of

C4C • Collateral loan –

Captive Finance• Stabilize interest

earnings• Growth in fees

4.Operation Optimization • Utilize technology –

Oracle ERP• Full IT-driven process

& control• Fraud control process

CONTROL

COLLECT

CONSISTENT

CONVERSION

SINGER Core Fundamental

SINGER Turn-around

Asset Quality

Business Overview

Profit

Asset Quality

Cost Efficiency

SINGER Turn-aroundProfitHigh Profit Margin

Gross Profit Margin & EBIT Margin (%) Strong turnaround with expanding NPM

SINGER Product Category Mix

8.9% 10.0%

0.9%3.1%

20.9%

27.8% 26.4%

37.6% 38.1%35.9%

39.6%

46.4%44.3%

46.4%

2015 2016 2017 2018 2019 Q1'20 Q2'20

EBIT margin GPM

142120

-10

-81

166

87

115

6%

7%-1% -4%

11% 11%12.50%

2015 2016 2017 2018 2019 Q1'20 Q2'20

Net income (loss) (million baht) NPM

% YoY -33% -18% 36% -18% 118% 121%

24%

58% 56% 56%75%37%

34% 41% 44%24%

39%

8% 3% 1% 1%

Y2017 Y2018 Y2019 Q1'2020 Q2'2020

Home Appliance Commercial Appliance Mobile

Revenue Growth (Q4’17 – Q2’20)

310 377511 557

431334 411 365 419

515658

164136

148168

195191

185188

190206

226

96 67

100111

8778

8551

11381

36

Q4'17 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20Revenue from sales of goods Interest income Other income

SINGER Turn-aroundProfit

Sales Coverage Expansion

1,360 Franchisees

Nationwide579 districts

covered

346 districts to go

Franchisees

Contribution to Sales

Revenue is 50%

2,000 Franchisees Target in 2020

High Profit Margin

629 518 505

132 141

6

97 175

58 73

32 73

16 12

2017 2018 2019 Q1'20 Q2'20

HP C4C Captive

Interest Earning Mix (Y2017 – Q2’20)

Unit: million baht

Other Revenue Mix

88 52 12 11

14 3 4

5 70

40 8

10 68 148

47 -

125 85 10

11

2018 2019 Q1'20 Q2'20

Fee Insurance ATVM Debt sales Other

SINGER Turn-around

2,494

1,675 1,376

1,876

1,528

515658

741

603

635

647

753

206226

159

268

352

365

328

81 36

41.5%

39.0%

41.0% 40.3%

38.3%

35.4%

38.0%

41.7%

39.8%

43.7% 44.4%42.3%

38.5%39.0%

2015 2016 2017 2018 2019 Q1'20 Q2'20

Revenue from sales of goods Interest income from hire-purchase contract and loans Other income

SG&A to Total revenue SG&A to Total revenue (exclude Other income)

Cost Efficiency

Trend of SG&A to Total Revenue (Y2015 – Y2020)

SG&A Control

SINGER Turn-around

100.0183.6

372.2446.2 363.0

55.0

46.0

26.0

Y2015 Y2016 Y2017 Y2018 Y2019 H1'20

Bad Debt Net Recovery Additional provision for sales NPL

Bad & Doubtful Debt Expense (Y2015 – Q2’20)

10.2%

12.3% 12.9%

14.7%

9.4%

8.1%6.5%

18.4%

22.5% 22.9%

25.2%

17.0%

14.3%

11.8%

0.6% 0.8%0.5% 0.5% 0.0% 0.5% 0.9%1.3% 1.3%

3.6%

7.6%

7.9%

8.4% 8.3%

Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20

Total HP C4C Captive

Asset Quality

Improving Portfolio Quality – Lowering NPL

NPL and Provision Control

%NPL (Before Q2’20)

%NPL = NPL-OD4 up/AR Portfolio

%NPL (Since Q2’20)

%NPL = NPL - Stage3/AR portfolio

Remark:

Lowering NPL by DC, DPS

28.43%31.02%

3.73% 2.72% 5.70%

12.84%14.73%

9.40%8.13% 6.27%

Q2'19 Q3'19 Q4'19 Q1'20 Q2'20DC DPS

22 MB,1,974 accounts

0.37 MB,126 accounts

SINGER Turn-aroundAsset QualityC4C Portfolio Strength

C4C Yield and NPLC4C Outstanding Principal (MB)

Growth consistently 42% from year-end 2019

C4C yield slightly increased from portfolio expansion and

getting into retail segment to improve yield.

Despite challenging economic situation, NPL is strictly controlled at 0.85%.

Outstanding Portfolio grew 78% YoY and 19% QoQ.

Q2’20 new add is 512MB and continue with the momentum from team & branch expansion.

498 642 1,014

1,263 1,259 1,209 1,256 1,516

1,810 2,146

Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20

17.10%

15.20%14.00% 14.30% 14.80% 14.28%

13.71% 14.20%

16.20%

1.30% 0.80% 0.60% 0.80% 0.50% 0.50% 0.02% 0.48% 0.85%

Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20

Yield NPL

SINGER Turn-aroundAsset QualityC4C Portfolio Strength

Customer TypeFleet Customers

by IndustryFleet Customersby Geographic

3%15%

5%5%

26%

46%

Construction FMCGAutomobile Construction MaterialsAgriculture Contractor Logistic

40%

60%

Retail Fleet

32%

11%14%

17%

14%

12%

Central East NorthNorth East South West

SINGER Turn-around

Outstanding Principal Balance (MB) Y2015 – Q2’2020 AR Growth

Overall Portfolio Grew 40% YOY and 18% QoQ

• C4C portfolio growth momentum in Q2’2020 continued as plan to reach 2,100 Billion Baht

• HP portfolio growth significantly jumped from Q2 sales with major contribution from Air-con, refrigerator, and TV

1,759 1,800 1,781 1,708 1,685 1,773 1,707 1,774 2,140

642 1,014 1,263 1,259 1,209 1,256 1,516

1,804

2,146

174

268 425 430 408 417

389 366

352

2,575

3,082

3,469 3,397 3,302 3,446 3,612

3,944

4,638

Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20

Captive C4C HP Total

Asset QualityGrowing Strong Portfolio Mix

2,036

2,930

2,635

1,781 1,707

2,140

521 1,263 1,516

2,146

113 425 389

352

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

Y2015 Y2016 Y2017 Y2018 Y2019 Y2020 (6M)

Captive C4C HP

SINGER Turn-around

Y2015 – Y2020 Portfolio Mix Portfolio Mix Forecast

82%

52% 47%

30% 24% 20% 16%

15%

36% 42%

55% 61% 67% 72%

3%12% 11% 16% 15% 13% 12%

Y2017 Y2018 Y2019 Y2020(F) Y2021(F) Y2022(F) Y2023(F)

Captive C4C HP

Asset QualityGrowing Strong Portfolio Mix

100% 100%

82%

52%47% 46%

15%

36% 42%46%

3%12% 11% 8%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Y2015 Y2016 Y2017 Y2018 Y2019 Y2020 (6M)

Captive C4C HP

0

400

800

1200

1600

Q1 20 Q2 20

Cost Revenue

17.2%

Revenue Reduce

16% from Q1

Cost Reduce

40% from Q1

12.5%

Revenue and SG&A in Q1, Q2

SG&A

Revenue by Channel Breakdown

1%18%

81%

Retail Wholesale SINGER Online

Q1 2019

1,558MB

Q2 20204%2%

27%

67%

1,310MB

Mar Apr May June22

95 Stores in BKK Close

~50% from 194 stores nationwide

184 Stores in BKK & UPC Close

95% from 194 stores nationwide

All Stores Reopen

175

55 Stores in BKK & UPC open

Develop Online Channel

Pop Up Store New Product Opportunity

Grab & Go @ Casa Lapin

Apr May

During Lockdown

0

500

1000

1500

2000

Q1 20 Q2 20 Q3 20

Cost Revenue

17.2%

14.0%

Revenue Reduce

16% from Q1

Cost Reduce

40% from Q1

SG&A

Revenue Increase

25% from Q1

Cost = Q1

12.5%

SG&A

Gadget Sales 2019 vs 2020

0

60,000,000

120,000,000

180,000,000

240,000,000

Q1 Q2 Q3 Q4

2019 2020

Forecast

Target Q4Sale (MB)

X

Expansion

Q1 Q2 Q3 Q4

1 1 10 14

HQ Store

X

10 Stores

Jaymart2You

Cost Reduction

Reduce Operating Expense Move Ware House

to Third Party

Lean staff 16% in Q2 2020

Selling Expense Control

Profit/MonthMB20

Cost Control

=Q1

Other Revenue increase

Revenue Growth 25% compare to

Q1

Lean Staff

Reduce Operating Expense Insurance

Incentive

Expansion

Mobile&Gadget in SINGER

Mobile Loan Increase

Reduce Selling Expense

Mobile CareMobile&Gadget Increase

50

51

52

Jas Asset Key Asset Portfolio

Current Asset

OCR 97% OCR 94% OCR 91%

73% sold

As of Q2/2020

53

OCR 95%

Under Development

54

Jas Asset Q2/2020 Key Performance

880 891

307 261

0

100

200

300

400

500

600

700

800

900

1,000

2018 2019 H1/2019 H1/2020

24

45

12

48

0

30

60

90

120

150

2018 2019 H1/2019 H1/2020

Total Revenues

H1/2020, revenue decline due to an impact from COVID-19 Lock Down

EBITEBIT improve due to cost and expenses reduction

Unit: MB Unit: MB

55

Jas Asset H1/2020 Net Profit

5.6 6.4

-17.4

17.2

21.3

-20.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

20.0

25.0

2016 2017 2018 2019 H1/2020

Remark: 2020 is 1H/2020

56

Jas Asset Revenues Stream after Q3/2020

Rental 32 MB per year* Rental 43 MB per year*

*Not include rental revenue from promotion area and long term lease area for office in Khubon Project

57

58

Jas Asset Loan Repayment Schedule

15%

Aug 2021

JAS Wanghin

49%

Jul 2025

JAS Ramintra

77%

Sep 2026

JAS Urban Srinakarin

85% 65% 25%

As of Q2/2020

Remaining

Maturity

59

Jas Asset Digital Transformation

“Connected with Community”

Delivery

Services

Payment

Promotion

60

61

J Fintech Business at a glance

No. of Client

Retail and SME

120,000+Loan Outstanding Balance

Revolving Loan, Tern Loan, C4C and Factoring & Floor Plan

3,487MB

Quarterly Write Back Recovery

To be more collect and realize to be revenue

26.4 MB

Net Profit for Q2/2020

Effective control for Provision Allowance

5.7 MB

As of Q2/2020

62

Loan Receivables

J Fintech Q2/2020 Business Performance

599

2,364

3,258

4,028 3,630 3,487

2015 2016 2017 2018 2019 Q2/2020

Unit: M.Baht

2,865, 82%

145, 4%

353, 10%

94, 3% 31, 1%

Revolving Loan

Term Loan

Factoring and SME Loan

C4C

Mortgage Loan

Loan Receivables Breakdown

Unit: M.Baht

63

J Fintech Q2/2020 Business Performance

Write Back Recovery NPL Ratio

0.0 0.0 0.0 0.6 0.4 1.1

3.9

6.6

13.7

19.6

23.2

20.7 20.7

26.4

0.0

5.0

10.0

15.0

20.0

25.0

30.0

Unit: M.Baht

5.5%

6.5%

5.5%6.3%

5.4%

6.5%6.0% 5.6%

5.1%4.4%

5.4%

6.7%

10.1%

7.3%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

64

J Fintech Digital Transformation

5.0.0

Jun 2021

3.1.0

Aug 2020

3.2.0

Sep 2020

3.3.0

Oct 2020

4.0.0

Nov 2020

Fully Digitized

J Money Application Enhancement Development Plan

Collection and Payment

Pre-approve Lending

Open Account withoutPhysical Meet

65

X

JV Partnership

X

Potential Business PlanJV Partnership toward Top 5 Consumer Finance in Thailand

Cleaning Existing Asset& Infrastructure

Leaping

Profitable Growth

Cleansing existing Assets & Establishing Biz Infra

1-2 years

Penetration of credit card market & launching new personal loan products

3-4 years

Digitalization and Sale Distribution Diversification

5 years onwards

67

Potential Business PlanJV Partnership Update

Jaymart & KB Kookmin

1. BOD approved

April 2020

2. MTA & SHA Signed

April 2020

3. Capital Reduction

Approved

June 2020

4. Authorities Approval

Process

July 2020

68

J Ventures UpdateThursday 20th August 2020

Agenda

• PAH Digital Lending Platform (DLP)

• JLEND Decentralized Lending (DDLP)

• JDID Digital Identity

2 0 1 92 0 2 12 0 2 0August September October November December January February

Onward

DLP Product roadmap 2020-2021Digital

Lending

Digital Lending (PICO)

Data Engine

Lending Platform

Credit Score 2.0.81.6

3,000 +

SCORE 1.0

SCORE 1.0

SCORE 1.0

System is ready

3.3.0 5.0.04.0.03.1.0

1.0 1.6

(116)

(85)

(295)

(295) 1.7 (400+)

SCORE 1.0

DeFi Lending

Decentralized Exchange Decentralized LendingDecentralized Oracle

Uniswap Automated liquidity protocol

Market Cap

$74,219,513

Compound Decentralized lending & borrowing protocol

Market Cap

$351,391,048

Chain Link Reliable tamper-proof inputs and outputs

Market Cap

$3,491,384,494© J Ventures 2020

Stablecoin

MakerDAO Collateralized loans on Maker

Market Cap

$590,739,534 

Borrower

Deposits the Cryptocurrency

Gets a loan at once, up to 70% of the market value

Gets the crypto-collateral back in full

Gets the money back including the interest

Lender

Deposits flats funds

This process can be easily automates

Repayment of the loan

DeFi : Decentralized Crypto Lending

Decentralized Exchange Decentralized LendingDecentralized Oracle

Uniswap (v2) Automated liquidity protocol

Compound Decentralized lending & borrowing protocol

Chain Link Reliable tamper-proof inputs and outputs

© J Ventures 2020

Stablecoin

MakerDAO Collateralized loans on Maker

BAND PROTOCOL

Retail - Central Bank Digital Currency (CBDC)

Market Cap

$74,219,513Market Cap

$351,391,048Market Cap

$3,491,384,494Market Cap

$590,739,534 

JLEND ROADMAP 2020

OctoberJFIN @ Decentralized Exchange

JFIN to be Listed on Decentralized exchange to expand the market and prepare to support DeFi

DecemberDecentralized Peer to Peer LendingNon Custodial Protocols that lets users lend or borrow assets against collateral

NovemberDecentralized Collateralized LendingBorrowers are able to use their crypto assets as collateral to obtain a loan in cash

JDID: Digital Identity

J Ventures Data Platform

Understand behavior & HOW GOOD you are

Know WHO consumers are & WHERE consumers are

Know demand-supply by Location

Know WHERE sales & collectors are moving everyday (door-to-door)

operation projects development projects

JFIN Digital Transformation (DX) Platform

© J Ventures 2020

User application layer

Data platform layer

POINT VOTING

AGM VOTING

POLL

JDID START UP

DIGITAL CAFE JFIN X CASA

DIGITAL AUCTION

JFIN X JPI DIGITAL TICKET

P2P PICO

PERSONAL LOAN

HIRE PURCHASE J IDENTITY

PROVIDERDIGITAL VOTING

UNIVERSAL POINT SYSTEM

CORPORATE LENDING

CONSUMER LENDING

WORKING CAP

JDID ESIGNATURE

JDID E-KYC

DECENTRALIZED FINANCE

FUNDAMENTAL ENGINE

© J Ventures 2020

once-only digital by default trust-by-design open internet

J.ID: Digital IdentityApplications

86,619

J.ID: Digital Identity

e-KYC users

WITH DIGITAL ID

A FINANCIAL TRANSACTION CAN BE APPROVED ONLINE AND IMMEDIATELY

Updated: 17 August 2020

MAY 2020 Sep 2020 Oct 2020 Dec 2020

DIGITAL VOTING

IDENTITY PROOFING BLOCKCHAIN VOTING PROXY VOTING

DIGITAL CAFE

FACE ORDERING MEMBER ANALYSIS BLOCKCHAIN POINT SYSTEM

DIGITAL TICKET

CRYPTO TICKET ON BLOCKCHAIN TICKET MARKETPLACE CYCLE TRADING

DIGITAL AUCTION

ONLINE AUCTION REALTIME PAYMENT BONUS ON JFIN

J.ID: Project Roadmap

Financial Sector Teleco Sector

Logistics Sector Utility Sector(Behavior)

(Negative)

(Wealth)(Behavior)

(Positive)(Character)

(Character)

(Teleco)

(Negative)

(Wealth)

Alternative Credit Bureaus

(Psychometric)

(Behavior)

(Mobile Insight)(Psychometric)

(Social)

(Teleco)

Revolving Development Network

SME

Identity Negative Positive Wealth Character Behavior Social Psychometric Mobile InsightTeleco

TAX

Project Milestone

Phase 1 Aggre. Scoring System

•Jaymart Collaboration •Data Collection •Data Normalization •Possible Strategic Alliance •Front-end Initial Design

Phase 2 Core Engine Development

•Parallel ML Model •Model Implementation •Partner Collaboration •System Integration

Phase 3 User Interface Development

•Front-end Final Design •Engine Back Testing •Regulatory Compliance •License Submission •Sale Team Search

Phase 4 Operation & Marketing

•Launch of platform •PR/Marketing Planning •Integrated Communication •Sale Team Operating

May 2020 -

Oct 2020

Sep 2020 -

Dec 2020

Oct 2020 -

Feb 2021

Jan 2021 -

Feb 2021

Alternative Credit Bureaus

Self-served e-commerce platform

Community-driven consumer app Location-based demand will drive inventory adjustment

Online to offline channel

ONLINE

HIGH-TOUCH

LOCATION-DRIVEN

Location - driven platform

Platform

J.ID: Digital Identity Secure & reusable digital ID

Alternative Credit Bureau (ACB) Decentralized Credit Engine

Klaiklai Know where you are moving

everyday

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J Ventures