1

Overview

Stock market summary

Key stock data

Shareholding structure
Ticker HAG

Outstanding shares 789,899,283 shares 25.51%

43.39%

Market capitalization USD 802m

Stock exchange Ho Chi Minh (HOSE) 29.30%

Current trading price VND 22,000 (USD 1.03)

52-week high/low VND 29,600/20,400 1.80%

Chairman BOD & BOM Foreign Investors Local Investors
30-day average trading
1,885,078 shares
volume

2
 Overview
Key milestones
First stage of development Second stage of development Next stage of development

Private Company: Furniture Public Company: Real estate was the Agribusiness: Aim for
production key while iron ore, hydro power and sustainable growth from
rubber had been invested plantation business

• Leading
agribusiness
corporation in the
• Transforming world which will
• Raised equity in from real estate be listed on SGX
foreign capital corporation into
• Listed on Ho Chi market via GDR an agribusiness
Minh stock listed in London corporation.
• Achieved exchange in Dec Stock Exchange • Divested hydro
Started many 2008 • Issued power, furniture,
acquiring successes in • Raised more equity international granite
Built first land and Real Estate via the capital bond of US$90m production.
furniture investing in • Transformed market to support via Credit Suisse • Spun off
factory; real estates from a private diversification (converted to subsidiaries
Small
Established enterprise to a program, i.e. enter shares in May owning
furniture
HAGL public company into rubber, mining 2013). apartment
workshop
Enterprise and hydro power • Issued projects in
Convertible Bond Vietnam from
to Temasek the Group.

1990 1993 2002 2003- 2007 2008 - 2010 2011 - 2012 2013

3
 Overview

Development strategy
The Group will develop based on the main business sectors as
follows:

 Plantation: including rubber, sugarcane, oil palm, corn

 Real estate: project in Myanmar plays the key role

 Raising beef cattle and dairy cows

4
 Overview

Business sectors of HAGL

HAGL Group

Plantation Beef cattle & Real estate

dairy cows

Rubber Oil Palm Sugar Corn

5
 Overview

Location of plantation & raising cows

Sugar, Cows, Oil Palm, Rubber & Corn: Located in the Indochina triangle of Vietnam (Gia
Lai and Daklak), Laos (Attapeu) and Cambodia (Rattanakiri), within the distance of 200 km.

6
 Sugar

Master plan
Sugar production – HAGL is developing a sugar industrial complex in Attapeu
which is expected to maximize the value of sugarcane. The complex consists of:
 A sugar refinery factory - capacity of 7,000 tons of cane per day
 Thermal power plant - capacity of 30MW

Hoang Anh Gia Lai Sugar Industry Complex – Attapeu, Laos

7
 Sugar

Sugarcane cultivation
 Plantation area: 6,000 ha
 Location: Attapeu, Laos
 Clone origin: Thailand, Malaysia and Réunion Island

Planting machine Sugarcane plantation Harvesting machine Fire Lookout Tower

8
 Sugar

Sugar refinery factory

 Factory location: Attapeu, Laos

 Capacity: 7,000 tons of cane crushed daily
 Other products beyond sugar: molasses,
organic fertilizer and electricity

Output products

RS Sugar Molasses Filter cake Bagasses

9
 Sugar

Our sugar mill and thermal power plant

Sugar mill - 7,000 tons of sugarcane/day RS output

Thermal power plant - 30 MW Operational management of the thermal power plant

10
 Sugar

Target markets:
 Local sales in Laos
 Vietnam, China and EU

Annual harvest and production

1,200,000 250,000

1,000,000
200,000

800,000
150,000
Tons

600,000

100,000
400,000

50,000
200,000

- -
2013 2014 2015

Sugarcane harvest RS sugar

11
 Raising beef cattle and dairy cows

Master plan
• Investment capital: VND6.3 trillion (~ USD300
million)
• Phase 1: VND3.15 trillion (~ USD150
million) implement in 2014 & 2015
• Phase 2: VND3.15 trillion (~ USD150
million) implement in subsequent years
• Total herd of cattle: 236,000 heads including
120,000 dairy heads and 116,000 beef heads

12
 Raising beef cattle and dairy cows

Business plan in 2015

• Dairy cows: Developing the total herd up to
13,000 heads.
• Beef Cows: Developing the total herd up to
100,000 heads; Selling 60,000 heads.

13
 Oil Palm

Plantation Status
 Plantation area: - Planted 17.300 ha as at 31 Dec 2014
- Planting additional 13,000 ha in 2015 in
Laos & Cambodia

14
 Oil Palm

Processing plant
 Oil palm processing plant will be completed in July 2015
 Plant location: Ratanakiri, Cambodia

15
 Rubber

Plantation, Products and Market

 Planted area: 42.500 ha
 Finished goods: SVR 10 and SVR 20
 Target customers: Leading tire
producers

16
 Rubber

Our rubber trees and processing plant

5-year-old rubber trees 6-year-old rubber trees

The perimeter of a 4-year-old rubber tree

of HAGL in Attapeu Rubber latex Rubber processing plant
17
 Corn

Plantation Status & Market

 Plantation area: 3.000 ha for 2 crops in 2015
 Location: Attapeu, Laos & Ratanakiri, Cambodia
 Target market: Local sales & Export to Vietnam

18
 Drip irrigation system

Israel-technology drip irrigation system – First time ever

applied in plantation in Vietnam, Laos & Cambodia
 Supply water for fast & continuous tree growth, especially
in dry season
 Minimize fertilizer/nutrient loss
 High water application efficiency
 Minimize soil erosion
 Minimize weed growth

Water from Se Kong River,

a part of Mekong River Drip irrigation system
supplied to the plantations
19
 Logistic and Transportation

Office in Attapeu Over hundreds of Gas stations 4-star HAGL hotel A typical house
trucks & heavy vehicles for workers

200-bed hospital Airport in Attapeu Internal roads School for farmers’ children

Product delivery
– Delivery by trucks to deep sea port in
Vietnam
– Available ports: Qui Nhon Sea Port or
Da Nang Sea Port
– Distance from fields to ports:
• Attapeu – Qui Nhon: 330 km
• Gia Lai – Qui Nhon: 100 km Danang Port Qui Nhon Port

20
 Real estates

HOANG ANH GIA LAI MYANMAR CENTER

 Project Information:
 Location: No.192, Kaba Aye Pagoda Road, Bahan Township, Yangon, Myanmar
 Land area: 7.34 ha
 Investment form: 100% equity owned by HAGL Land under BOT contract.
 Investment capital: US$ 440m
 Phase 1: Developing the Office Building No.1 (Financial Tower A & Financial
Tower B), Commercial Center and the 5-Star Hotel
 Phase 2: Developing Residential & Serviced Apartments and the Office Building
No.2 (Financial Tower C & Financial Tower D)
 Net Lease Area (NLA): 351,822 m2 and 3,825 car parking spaces (47,812 m2)

21
 Real estates

HOANG ANH GIA LAI MYANMAR CENTER

 Construction progress of Phase 1 & Business plan in 2015
 Commercial Center: in completion stage,
hand-over retails space for tenants in April
2015, start operation in June 2015.
 Office building: built up to 26th floor (out of 27
floors), hand-over office space for tenants in
June 2015.
 5-star Hotel: built up to 19th floor (out of 23
floors), start operation in September 2015.

22
 Financial Summary

Balance sheet Exchange Rate VND 21,374

In USD million 2008 2009 2010 2011 2012 2013 2014

Current assets 267 410 593 639 687 462 473
Non-current assets 259 267 399 589 815 952 1,229
Total assets 526 677 992 1,228 1,502 1,414 1,702
Current liabilities 149 239 274 326 322 235 433
- Bank loans and straight bonds 71 86 105 154 121 96 269
- Convertible Bonds 81 58 52 51
- Other payables 78 72 111 172 201 87 113
Non-current liabilities 126 155 188 418 660 538 548
- Bank loans and straight bonds 112 125 147 297 451 379 384
- Bonds with warrants attached 96 95 94
- Convertible Bonds 107 107 54 53
- Other payables 14 30 41 14 6 10 17
Total liabilities 275 394 462 744 982 773 981
Minority interest 27 23 46 33 52 31 55
Equity 224 260 484 451 468 610 666
Total resources 526 677 992 1,228 1,502 1,414 1,702

Income statement
In USD million 2008 2009 2010 2011 2012 2013 2014
Net revenue 111 243 239 151 211 131 143
Gross profit 52 112 121 68 58 57 57
Operating profit 61 93 159 83 29 50 82
EBITDA 71 115 174 111 60 91 125
EBIT 64 106 170 104 49 75 109
Profit after tax and MI 45 69 117 64 18 46 73
23
 Thank you very much
for your kind attention!