FINANCIAL SERVICES AND REAL ESTATE SYNERGIES WITH YOMA STRATEGIC’S BUSINESSES “Payment platform with merchants, e.g. KFC” “Consumer credit offerings and loyalty programs” Wave Money Consumer Real Estate “Collection of contractual payments, e.g. rent, utilities, etc” Fleet Leasing WaveMoney Money Wave “B2B payments and payroll services” “Expand automotive financial lease and hire purchase product offerings” 2 Yoma Fleet partners with the authorised dealer of Caterpillar in Myanmar 3 GROWTH IN INFRASTRUCTURE AND MINING INDUSTRIES The Myanmar Government is planning to allocate US$21.4 billion to rail, road, port and aviation projects by 20301. Myanmar’s mining industry GDP is forecasted to expand by 7.5%, representing the seventh-fastest growing sector in the country1. Images from Myanmar Times, 1https://oxfordbusinessgroup.com 4 PROFITABLE AND FAST EXPANDING NON-BANKING FINANCIAL BUSINESS Hire purchase risk adjusted returns are attractive in Myanmar versus regional peers Fast Expansion of Yoma Fleet No. of Vehicles Revenue less funding & credit cost (% of assets) - 3 year average 1,000 919 30% 900 25% 800 720 700 20% 600 540 500 15% 400 332 10% 300 200 149 5% 100 0% 0 Mar 15 Mar 16 Mar 17 Mar 18 Sept 18 Thitikorn PCL (Thailand) Source: Yoma Fleet Yoma Fleet Phatra Leasing BFI Finance PCL (Thailand) (Indonesia) Aeon Thana Sinsap Thailand PCL (Thailand) Shiram Transport Finance (India) 5 YOMA LAND Launched City Loft, a new mass market offering 6 EXPANSION INTO MASS MARKET SEGMENT Population growth in Yangon Housing loans by local banks (2014-2017)2 People per sqm Billion kyats 800 70 700 60 600 50 By 2040, the population of Yangon is expected to reach 11.5 million1. 500 40 400 30 300 20 200 10 100 Central Bank of Myanmar Dec 17 Sep 17 Jun 17 Mar 17 Dec 16 Sep 16 Jun 16 Mar 16 Dec 15 Sep 15 Jun 15 Mar 15 Dec 14 0 0 1973 1983 2014 Chart: 2014 Myanmar population and Housing Census Urban Development Plan of Greater Yangon 2013 1Strategic 7 ACCESSIBLE TO WORKING CLASS POPULATION 8 LAUNCH OF CITY LOFT ▪ Designed to bring quality apartments at an accessible price point. ▪ Favourable mortgage repayment terms of up to 25 years with domestic banks. ▪ The first City Loft project is located in StarCity (“City Loft @ StarCity”), which received a very strong and positive response during its pre-launch with half of its 250 units sold within a week 9