PRARAM 9 HOSPITAL Analyst Meeting : 2Q21 Results

18 August 2021

PR9 Overview Snapshot

3 Medical Institutes plus 24 Medical Centers

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✓2010 / 2013 / 2016 / 2019 – JCI (4th accredited)✓2016 / 2019 - CCPC: Kidney

✓2000 - ISO 9001:1994✓2003 - ISO 9001:2000

✓2004 / 2007 - HA Level 3

− 2020 : Ice Lab / Transcranial Magnetic Stimulation / Manuthera Bed − 2017 : 640-slice CT Scan− 2016 : Pharmacy Robot − 2005 : 64-slice CT Scan− 2004 : 4D Ultrasound

2017: Best Utilization Award

AXA Provider Award

2017: Fertility Service Provider of the Year

Global Health and Travel Awards 2017

2019:Thailand Top Company Awards 2019: Healthcare Sector (2nd year)

Business+ magazine & University of the Thai Chamber of Commerce

2020:Excellent CG Scoring

The Stock Exchange of Thailand & Thai Institute of Directors

P.2

2019:Good Governance Hospital Certificate

Department of Internal Trade, Ministry of Commerce

2020:Thailand’s Most Admired Company: No.4 in Private Hospital Sector

BrandAge magazine

2019: Muang Thai Life Assurance Hospital Awards

1St Runner Up : Innovations Hospital Awards

Advanced Pain

Management &

Wellness Institute

✓2020 – GHA : COVID-19 Guidelines

Imaging Center

(X-Ray)

Mind Center

Breast Clinic

Eye Center

Obstetric

Gynecology Center

Orthopedic

Center

Medicine Center

Surgery CenterPediatrics

Center

Ear Nose and

Throat Center

Dental CenterCheck-Up

Center

Skin and Cosmetic

Laser Surgery Center

Physical Therapy &

Rehabilitation Center

Emergency Center

Gastroenterology (GI)

and Hepatobiliary

(Liver) Center

Neurology

Center

Diabetes & Metabolic

Center

Cardiovascular

InstituteKidney Disease &

Transplant Institute

W9 Wellness CenterJoint Care

Center

Advanced Spine Center

Oncocare Center

LASIK Center Sleep Center

Operational Statistics & Financial Performance

Total Revenue (Including Interest Income)

P.4

Total Revenue

372.2271.2

385.6 431.7 355.9 349.4

286.7

244.2

306.5303.0

312.8 282.7

7.2

8.9

9.212.4

10.711.2

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

OPD Revenue IPD Revenue Other revenue Unit: THB mm

(44%)(56%)

(47%)(53%)

666.1 679.4747.1

(47%)(53%)

-6.9% YOY+2.0% YOY

524.3

(44%)(56%)

-22.9% YOY

-5.4% YOY

701.3

-0.7% YOY

(44%)(56%)

Remark : Other revenue including Rental revenue, Other income plus Interest income

(45%)(55%)

643.3

+22.7% YOY

Medical Revenue +22.6%OPD +28.8%IPD +15.8%

Medical Revenue Breakdown : 2Q19 – 2Q21

Unit: THB mmMedical Revenue

507.8

397.3 462.8

132.9

100.6

135.2

30.0

17.5

34.1

2Q19 2Q20 2Q21

Self Pay Insurance Contract

3%20%

77%

5%21%

74%

376.0271.2 349.4

294.7244.2

282.7

2Q19 2Q20 2Q21

OPD IPD

47%53%

By Payor Revenue

45%55%

515.4632.1

P.5

By Nationality Revenue

561.1481.7

571.1

109.6

33.7

61.0

2Q19 2Q20 2Q21

Thai Inter

7%

93%

10%

90%

+15.8%

+28.8%

+22.6% YOY

+94.9% YOY

+34.4% YOY

+16.5% YOY

+18.5% YOY

+81.0% YOY44%56%

670.7

4%20%

76%

16%

84%

Medical Revenue +10.8%OPD +9.6%IPD +12.2%

Medical Revenue Breakdown : 6M19 - 6M21

Unit: THB mmMedical Revenue

1,035.4 887.0 954.3

270.4

242.0 280.9

60.1

45.4 65.5

6M19 6M20 6M21

Self Pay Insurance Contract

3%21%76%

5%22%73%

750.3643.5 705.2

615.6530.9 595.5

6M19 6M20 6M21

OPD IPD

45%55%

By Payor Revenue

46%54%

1,174.41,300.7

P.6

By Nationality Revenue

1,150.6 1,056.6 1,183.0

215.4137.8

117.7

6M19 6M20 6M21

Thai Inter

10%90%

9%91%

+12.2%

+10.8% YOY

+44.3% YOY+16.1% YOY

+7.6% YOY

+12.0% YOY

-14.6% YOY

+9.6%

45%55%

1,365.9

16%

84%

4%20%76%

102

76

107 11692 88

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

Key Operational Volume

Unit: ’000 visits

OPD Visits

OPDIPD Average Daily Census (ADC)

89

68

91 98 90 93

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

IPD

-24.8% YOY

P.7

-28.9% YOY

-3.2% YOY

-17.0% YOY-16.2% YOY

IPD Rev. +15.8% YOY

OPD Rev. +28.8% YOY

-1.8% YOY

-8.5% YOY-9.7% YOY-8.1% YOY

+0.3% YOY

Average of Utilized-IPD Bed per Day

+16.9% YOY +35.6% YOY

Occupancy Rate : Normal Ward, ICU-CCU

P.8

ICU-CCU

Normal Ward

83.9 55.2143.6 160.6

116.3 84.5

12.6% 10.5%

20.5% 21.5%17.1% 13.2%

1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021EBITDA EBITDA Margin

37.3 11.4 72.2 81.238.5 11.8

5.6% 2.2%10.3% 10.9%

5.7% 1.8%

1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021Net Profit Net Profit Margin

171.0 118.6 206.8 215.4 166.4 132.12

26.0% 23.0% 29.9% 29.3% 24.9% 20.9%

1Q2020 2Q2020 3Q2020 4Q2020 1Q2021 2Q2021Gross Profit Gross Profit Margin

Profitability : Quarterly

Unit: THB mm

Gro

ss

Pro

fit

EB

ITD

AN

et

Pro

fit

Unit: THB mm

Unit: THB mm

P.9

+11.4% YOY

+59.9% YOY

+3.7% YOY

Balance Sheets

171 166

3,417 3,355

1,208 1,205

Dec 2020 Jun 2021Other LT Asset PPE Current Asset

Total Assets

4,115 4,079

185 190

497 456

Dec 2020 Jun 2021

Equity Non-Current Liabilities Current Liabilities

Total Liabilities & Shareholders' Equity

4,797 4,7974,726

-63 / (-1.8%)

-6 / (-3.4%)

-3 / (-0.3%)

-40 / (-8.1%)

-36 / (-0.9%)

+5 / (+2.6%)

P.10

4,726

Current Ratio (Time) Days’ Sales in Inventory (day) Average Collection Period (day) Debt to Equity (Time) Book Value per Share (Baht)

2.7 2.6

JUN

40 32

JUN

0.14 0.16

JUN

5.06 5.28

JUN

50 56

JUN

Balance Sheets

Solid Balance Sheets

3,873 4,039 4,115 4,079

551 678 674 640

Dec-18 Dec-19 Dec-20 Jun-21

Equity IBD Non-IBD

Unit: THB mm

4,717 4,797

P.11

4,726

68

4,424

0.14 0.17 0.17 0.16

Dec-18 Dec-19 Dec-20 Jun-21

D/E Ratio

D/E Ratio

Business Update

https://www.praram9.com/pr9-healthkathon-2021/ P.13

Adaptive Measures : COVID-19 Situation

1. Expand capacity for COVID-19 patients➢ COVID-19 Testing ➢ Home isolation ➢ Ward bed expansion➢ Hospitel @ VIE hotel

2. Medical supply for COVID-19 patients➢ Pulse oxymeter➢ Antigen test kit for home use ➢ Andrographis Paniculata (ฟ้าทะลายโจร)➢ X-ray Bus

COVID-19 Related Customers Non-COVID-19 Related Customers

1. Advanced Medical Centers➢ Kidney transplantation Institute➢ Advanced spine center➢ Oncocare center ➢ Surgical center (Insurance, CGD-กรมบัญชีกลาง)➢ Nurse navigators➢ Private doctors

2. Better quality of lifecare➢ Vaccine center➢ LASIK center➢ Fix and Fit ➢ Mind and sleep➢ Skin and aesthetic center ➢ Check up

3. Virtual hospital➢ Existing customers➢ New customers➢ Insurance customers

https://www.praram9.com/pr9-healthkathon-2021/

IPD Ward : PR9 17B Premium

P.14

https://www.praram9.com/pr9-healthkathon-2021/

Hospitel : VIE Hotel Bangkok

P.15

Total 138 Rooms (185 Beds)1st Phase : 65 Beds / 2nd Phase : 120 Beds

Praram 9 LASIK Center

P.16

https://www.praram9.com/pr9-healthkathon-2021/

Praram9 V : 9CARE Application

P.17

https://www.youtube.com/watch?v=oKb6GAlyAe4

COVID-19 Vaccine

P.18

Vaccination Service Points in the Hospital

P.19

Vaccination Service Points Outside the Hospital

PR9 joins hands with The Street Ratchada and BMA to open vaccination service points outside the hospital. P.20

Renovation Plan : Connecting Path for Building A - B

W9 Hyperbaric Oxygen TherapyBrain Health - Mood Health - Reverse Aging - Recovery - Organ System

https://w9wellness.com/hyperbaric-oxygen/

P.22

Digital Marketing SEO & SEM / Digital Branding Content

P.23

Search Engine Optimization & Search Engine Marketing

ตรวจสุขภาพก่อนฉีดวัคซนี

เป็นเว็บแรกบน

ติด Snippet บน

วัคซีนทางเลือก

https://www.praram9.com/pr9-healthkathon-2021/

Stress Syndrome, Office Syndrome and Panic Disorder

https://www.praram9.com/covid19-stresss-syndrome/

https://www.praram9.com/officesyndrome/

P.24https://www.praram9.com/panic-disorder/

Knowledge Sharing

“Thank You”