Wowprime Corporation

(2727.tw)

Presentation

Charlie Chen

Executive Director , Finance

Introduction

1.Overview

Taiwan

Taiwan

(JV &

Franchise)China

China

(JV &

Franchise)

Thailand

(Franchise)

Singapore

(JV &

Franchise)

USA

(JV &

Franchise)

Opening

Date

(first store)

1993.11 2015.12 2003.7 2013.1 2011.9 2014.5 2016.12

Capital

(NTD

thousands)

769,879 80,000 715,088(RMB150,670,000)

603,225(USD19,900,000)

- 81,077(SGD3,400,000)

49,512(USD1,500,000)

Number

of Brand14 1 6 1 1 1 1

Store

Count256 3 140 16 1 1 1

Number of

Employee

(2016.12.31)

7,639 97 5,604 467 - -

As of May 31,2017

2.Investment StructureWOWPRIME CORP.

TAI PIN HOLDING LTD.

HOPPIME LTD.

WJ Investments Limited

(HK)

12 hotpot (Shanghai) Co., Ltd.

Sufood Singapore Pte. Ltd.

Wowprime (Beijing) Co., Ltd. Wowprime (China) Co., Ltd

100%

100%100%100%

WOWPRIME LIMITED

(SAMOA)

WPT RESTAURANT CORP.Wowprime USA Holding Ltd.

(SAMOA)

YakiYan USA, LLC

25%

100%

100%70%

51% 30%

22.5%

22.5%

(Equity Method)

(Equity Method)

(Equity Method)

(Equity Method)

As of Mar. 31,2017

3. Taiwan Business

BrandWangstea

kTasty Tokyia Yakiyan Giguo ikki Chamonix Pinnada

Cuisine

Type

Western-

Style

Cuisine

Western-

Style

Cuisine

Japanese

Creative

Cuisine

Japanese

BBQ

Hokkaido

Kelp Pot

New Style

Japanese

Cuisine

French

Teppanya

ki

Japanese

Pork

Chops &

Curry

Store

Count13 41 32 20 26 13 13 23

Brand 12hotpot Sufood hot 7 itaCooK

Beef!

Boss

Pepper

Putien

(JV &

Franchise)

Total

Cuisine

Type

Shabu

Shabu &

Stone Pot

Vegetaria

n Food

New

Teppanya

ki

Italian

Food

Five-Star

Steak

Rice

Sichuan

Cuisine-

Hot &

Spicy

Singapore

Food

Store

Count49 7 14 3 1 1 3 259

(1) Store Count by BrandAs of May 31,2017

Tasty 1

Giguo 1

Pinnada 1

YakiYan 1

Total 4

Tasty 1

Tokiya 1

Giguo 1

Pinnada 1

12 Hotpot 1

Total 5

Tasty 1

YakiYan 1

Giguo 1

Pinnada 1

Total 4

Wang Steak 8

Tasty 19

Tokiya 16

YakiYan 13

Giguo 13

Ikki

8

Chamonix 8

Pinnada 9

12 hotpot 23

Sufood 6

hot 7 9

ita 3

Putien 2

CooK Beef 1

Total 138

Wang Steak 2

Tasty 9

Tokiya 8

YakiYan 2

Giguo 5

Ikki 3

Chamonix 2

Pinnada 7

12 hotpot 13

Sufood 1

hot 7 4

Putien 1

Boss Pepper 1

Total 58

Wang Steak 3

Tasty 10

Tokiya 7

YakiYan 3

Giguo 5

Ikki 2

Chamonix 3

Pinnada 4

12 hotpot 12

Sufood 1

Total 50

(2) Store Map in Taiwan

Taipei / Taoyuan / Hsinchu

Miaoli / Taichung / Changhwa / Yunlin / Nantou

Yilan

Hualian / Taidong

Jiayi / Tainan / Kaoshiung

Pingdong

As of May. 31,2017

Total:259

(3)Brand Position by Price

Mid to high-end

Customers

High-end

Customers

Mid-end

Customers

4. China Business

Brand Wangsteak Tasty Lamu HanakakureMadam

Goose

Shum

Sam

Wei

Total

Cuisine

type

Western

Style

Cuisine

Western

Style

Cuisine

French

Teppanyaki

Japanese

Kaiseki

Cuisine

Hong Kong

Style

Cuisine

Sichuan

Cuisine

Store

Number69 47 1 14 8 1 140

(1) Store Count by Brand

As of May 31,2017

(2) China Store MapNorth Stores

Beijing 14

Shenyang 2

Jinan 2

Hefei 1

Tianjin 2

Qingdao 1

Dalian 2

Total 24

East Stores

Shanghai 53

Nanjing 6

Suzhou 7

Hangzhou 5

Ningbo 5

Quanzhou 1

Wenzhou 1

Changzhou 2

Wuxi 3

Shaoxing 1

Jinhua 1

Total 85

South Stores

Shenzhen 6

Canton 6

Huizhou 1

Fuzhou 1

Xiamen 2

Dongguan 1

Foshan 1

Total 18

West Stores

Chongqing 5

Chengdu 2

Wuhan 2

Changsha 1

Xian 3

Total 13

As of May 31,2017

Total:140

5. Overseas Franchise &JV

Overseas Franchise &JV

Brand Tokyia 12hotpot Sufood Yakiyan

TotalLocation Thailand China Singapore USA

Type FranchiseFranchise

&JV

Franchise

&JV

Franchise

&JV

Store

Number1 16 1 1 19

As of May 31,2017

Industry Analysis

Unit：NTD, Million

Year

Sales/ Stores

2012 2013 20142015

(A)2016(B)

YoY

Growth

(B-A)/A

2017Q1

Sales

Wowprime 9,682 11,078 11,612 10,307 9,274 (10.02%) 2,289

Catering

Industry335,998 338,352 349,208 358,708 371,992 3.70% 97,293

Market

Share2.88% 3.27% 3.33% 2.87% 2.49% - 2.35%

Store Number 226 273 303 283 255 259

Source：Wowprime audited financial reports, Wowprime’s Official Website, MOEA

Taiwan Market Share

Performance

(1) Store Count

227

273

303

284

255 259

0

50

100

150

200

250

300

350

Taiwan

51

86

126 129135

140

0

20

40

60

80

100

120

140

160

China

(2) Sales RevenueUnit：NTD, Million

(3) Net ProfitsUnit：NTD, Thousand

(4) EPSUnit：NTD

(5) 2016 Financial Review

Unit：NTD, Thousand；%

Item 2017/01~03 2016/01~03 Growth Rate

Consolidated

Revenue4,095,353 100.0 4,199,405 100.0 -2.5%

Net Profit 205,159 5.0 122,783 1.3 67.1%

Net Profit-

Parent

Company

130,514 3.2 82,159 0.2 58.9%

EPS(Unit:

NT$)1.70 1.07

Now & Future Development Strategy

The Finest Restaurant in Singapore

Michelin One-Star Restaurant in Singapore of 2017

Estabilished 15 years; overwhelming Singapore and HongKong and wined 15 Culinary Awards

• The first Chinese Cuisine of Wowprime

• Opened on September 2016

• 2017 Shanghai Michelin Guide-One Star

The Historical Moment!!

Madam Goose -Michelin One-Star

Before

• Priority choice of middle class

• Fewer youth consumer

New Mission

• Attract Youth

Come from Worprime; Subvert Wowprime

Five-Star Steak Rice Bowl• The wacky work of Wowprime in 2017

• Hit, queuing up restaurant

• Five-Star taste on budget price

• NO BEEF! NO FUN!

• Steak x Rice:Trans-experience

� Category: Sichuan Cuisine-Hot & Spicy Food

� Type: Dining for everyone

� Certificate: Chef with 30 years experience

Come from Sichuan,

give you the most genuine hot and spicy taste!

Enjoy Sichuan hot and spicy food at anytime at reasonable price!

� Open in late May

� First store located at Taichung

� Merchandise ： theme meal, a la

carte

� Price Range：NTD120~180

� Per Person Average：NTD200

Beef Katsu Exclusive Store

Unique & Novel

Fried Steak

New experience for beef lover

Noble with reasonable price

� Open in June

� Locate at MRT Zhongxiao Fuxing Station

� Price Range: NTD298~458

Future Development Strategy

Business Scope Business Model

Taiwan Direct-Own

China Direct-Own

OverseasFranchise , Joint Venture,

Direct-Own

Q&A