KAMART : Annual Report 2018 by KARMART SI

ANNUAL REPORT 2018

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COMPANY PROFILE KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

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FINANCIAL HIGHLIGHTS KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

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BOARD OF DIRECTOR S’ MESSAGE KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

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INCOME STRUCTURE KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

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The Company had the Consumer Products Sales in 2016 - 2018 as follow:

Product

2018 Thousand Baht

2017 %

Thousand Baht

2016 %

Thousand Baht

Consumer Products Sales Value • Cosmetics 221,738 14.99 270,304 18.13 251,553 17.84 Body care Facial skin care and 326,916 22.10 373,147 25.03 424,512 30.11 874,852 58.59 793,435 53.22 661,802 46.94 Cosmetics 20,663 1.47 1.02 15,203 1.34 • Accessories 19,787 40,400 2.87 1.15 17,217 1.47 • Furnitures and marketing tools and other 21,791 10,604 0.75 21,554 1.45 1.51 22,371 • Supplomentarie 336 0.02 • Other Total Consumer Products Sales Value 1,487,455 100.00 1,490,860 100.00 1,409,870 100.00 Service Income Grand total Revenue 1,487,455 100.00 1,490,86 100.00 1,409,870 100.00 21.14 5.74 0.23 % increased (decreased)

CORE BUSINESS KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

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COMPANY BACKGROUND AND SIGNIFICANT MILESTONES KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

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Product Characteristics KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

BRAND and PRODUCT Overview

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Product Characteristics KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

AWARDS AND ACHIEVEMENTS FROM LEADING MAGAZINES As a leading cosmetic brand in Thailand, KARMART has been honored by leading Thai and international beauty magazines in recognition of exceptional product quality as follows: 1. BEAUTY AWARDS 2018 “Best of Makeup Base” by SUDSAPDA Magazine 2018 from Cathy Doll Speed White CC Cream SPF50+ PA+++

5. LISA BEAUTY CHOICE AWARDS 2018 “Best Moisturizer for Whitening” by LISA Magazine 2018 from CATHY DOLL Ready 2 White White Boosting Cream

2. BEAUTY AWARDS 2018 “Best of Powder” by SUDSAPDA Magazine 2018 from Cathy Doll Oil Control Film Pact #Translucent

6. LISA BEAUTY CHOICE AWARDS 2018 “Best Cushion for Perfect Skin” by LISA Magazine 2018 from Baby Bright White Plankton Matte Cushion

3. BEAUTY OF THE YEAR 2018 by HiSoParty Magazine 2018 from Cathy Doll Speed White CC Cream SPF50+ PA+++

7. C CHANNEL BEAUTY AWARDS 2018 “Best Tint for Cheek & Lips” by C Channel Magazine from Baby Bright Lip and Cheek Matte Tint

4. LISA BEAUTY CHOICE AWARDS 2018 “Best Primer” by LISA Magazine 2018 from Cathy Doll Speed White CC Cream SPF50+ PA+++

8. NUMERO THAILAND BEST BEAUTY BRANDS Products 2018 – 2019 “Best Tint” from Baby Bright Lip and Cheek Matte Tint

Product Characteristics KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

Other past awards 9. BEAUTY HALL OF FAME AWARD 2017 “Body Sunscreen” by CLEO (Thailand) Magazine from “Cathy Doll Aqua Sun Non-Greasy Body Sun Serum SPF50PA++”.

12. BEAUTY HALL OF FAME AWARD 2017 “Lips” by CLEO (Thailand) Magazine from “Crayon My Runway Lipstick #5GG”

10. BEAUTY HALL OF FAME AWARD 2017 “After Sun” by CLEO (Thailand) Magazine from “Cathy Doll 99% Aloe Vera&Snail Serum Soothing Gel”

13. BEAUTY HALL OF FRAME 2017 “Foundation” by CLEO (Thailand) Magazine from “Missha Signature Real Complete BB Cream SPF25 PA++”

11. BEAUTY HALL OF FAME AWARD 2017 “Bronzer & Highlighting” by CLEO (Thailand) Magazine from “Cathy Doll Sculpting Highlighting & Shading cushion SPF50PA++”

14. BEAUTY HALL OF FRAME 2017 “Shampoo for Damaged Hair” by CLEO (Thailand) Magazine from “Boya Coenzyme Q10 Shampoo”

15. NUMERO THAILAND BEST BEAUTY BRANDS 2017-2018

17. NUMERO THAILAND BEST BEAUTY BRANDS 2017-2018

“Best CC Cream” by Numero (Thailand) Magazine from “Cathy Doll CC Cream Speed White SPF50 PA++”

“Best Fierce Look Moisturizing Lipstick” by Numero (Thailand) Magazine from “Crayon My Runway Lipstick #5GG”

16. NUMERO THAILAND BEST BEAUTY BRANDS 2017-2018

18. NUMERO THAILAND BEST BEAUTY BRANDS 2017-2018

“Best Whitening Boosting Cream” by Numero (Thailand) Magazine from “Cathy doll Ready 2 White White Boosting Cream”

“Best Nourishing Matte Cushion” by Numero (Thailand) Magazine from “Baby Bright White Plankton Matte Cushion”

Product Characteristics KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

Other past awards 19. BEAUTY HALL OF FAME AWARD 2014 “Best Mask Under 50.-” by CLEO (Thailand) Magazine from “Cathy Doll Sweety Recipe Mask”. 20. BEAUTY HALL OF FAME AWARD 2014 “Best Body Wash” by CLEO (Thailand) Magazine from “Cathy Doll Tofu Body Bath Cleanser”. 21. BEAUTY HALL OF FAME AWARD 2015 “Best CC in a Budget” by CLEO (Thailand) Magazine from “Cathy Doll Speed White CC Cream SPF50+ PA+++”. 22. “BEST PRESSED POWDER” AWARD by Lemonade Magazine from “Cathy Doll Speed White CC Powder SPF40 PA+++”. 23. COSMO KISS BEAUTY AWARD 2015 “Best Lengthening & Volumizing Mascara” by Cosmopolitan (Thailand) Magazine from “Cathy Doll Mademoisalle Mascara”. 24. BEAUTY HALL OF FAME AWARD 2015 “Best High Cover Brush” by CLEO (Thailand) Magazine from “Cathy Doll Intensive Dual Coverage Brush”. 25. BEAUTY HALL OF FAME AWARD 2015 “Best Instant Whitening Cream” by CLEO (Thailand) Magazine from “Cathy Doll Ready 2 White One Day Whitener Body Lotion”.

26. BEAUTY HALL OF FAME AWARD 2015 “Best Whitening Sunscreen” by CLEO (Thailand) Magazine from “Cathy Doll L-Glutathione Magic Cream SPF50 PA+++”.

Product Characteristics KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

Other past awards 27. GRAND WINNER FOR “PACKAGING AWARD DISTRIBUTION PACKAGING PRIZE” by THAISTAR PACKAGING AWARDS 2015 from “Cathy Doll No.1 Frink Series”. 28. GRAND WINNER FOR “PACKAGING AWARD DISTRIBUTION PACKAGING PRIZE” by THAISTAR PACKAGING AWARDS 2015 from packaging of “KARMART Treasure Box”.

29. BEAUTY HALL OF FAME AWARD 2016 “BEST CUSHION” BY CLEO (THAILAND) MAGAZINE from “Cathy Doll AA Matte Powder Cushion Oil Control SPF50 PA+++”.

30. BEAUTY HALL OF FAME AWARD 2016 “BEST LIPS – LIQUID LIPS” by CLEO (Thailand) Magazine from “Cathy Doll Geisha Hanazakari Lip Matte #03 Wine Orchid and #04 Red Rose”. 31. BEAUTY HALL OF FAME AWARD 2016 “Best Eye – Eyeliner” by CLEO (Thailand) Magazine from “Crayon 8 Sec-To-Dry Gel Liner # 06 Strawberry”. 32. LEMONADE READER AWARDS 2016 “BEST FACIAL CLEANSER” by Lemonade Magazine from “Cathy Doll Ready 2 White 2in1 Bubble Mousse Cleanser” 33. LEMONADE READER AWARDS 2016 – “BEST BODY TREATMENT” by Lemonade Magazine from “Cathy Doll Aloe Vera&Snail Serum Soothing Gel

Marketing and Sales KARMARTS PUBLIC COMPANY LIMITED ANNUAL REPORT 2018

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8. Debut of “Mew - Nittha Jirayungyurn” as the new presenter of Baby Bright Color Lipsticks The last blast of product launch for 2018 took place on 29th ķŋŜŗŊōŚ b`ah ŉŜ īōŖŜŚŉŔ īŗŝŚŜ ŗŖ į Ŏ loor, CentralWorld, and glamorously presented the company’s presenter associated with Baby Bright brand Themed “BABY BRIGHT PRESENTS HEART OF THE OCEAN”, the debut event introduced “Mew - Nittha Jirayungyurn” as the presenter for Baby Bright’s lip makeup series as follow:

MM Mineral Matte Lip Paint: a mineral matte lipstick that comes with lipstick brush, Plankton Matte Cushion Lip and Moist Tint: 2-in-1 moist and matte lipstick that comes with cushion head in a single stick, along with Lip & Cheek Matte Tint and Lip & Eye Pearl Matte Tint: Matte Tint Lipstick that glides on easily to enhance the look of eyes, cheeks and lips. The event was also graced by special guests “Krist – Perawat Seangpothirat & Singto – Prachaya Reungroj”, Baby Bright’s presenters for Watermelon & Tomato Matte BB Cream SPF45 PA++ and Pore-Shrinking Ice Lemon Sherbet White Gel, cast from “Love by Chance” TV series as well as business partners, bloggers, makeup artists and celebrities.

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2.5 Mr. Parit Teekakirikul

2.6 Ms. Vlamol Theekhakhirikul

2.7 Ms. Narapan Theekhakhirikul

2.8 Ms. Chonrada Theekhakhirikul

3. Mr. Kraiwit Satayapiwat

100.00

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Ruenrom Food and Beverage Company Limited

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100.00

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51.00

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The Iconic Property Phetkasem, Bangwaed Condominium, The Iconic Property Charan Sanit Wong13

100.00

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Mr. Suphachaet Ngamwongvechakul Deputy Managing Director of Sales and Marketing

Management Team Mr. Wiwat Theekhakhirikul Managing Director (Acting)

Executive Board Mr. Wiwat Theekhakhirikul īŐőōŎ ĭŠōŋŝŜőŞō ķŎŋōŚ Ůīĭķů

Board of Director Mr. Wiwat Theekhakhirikul Chairman of the Board of Director

Mrs. Somsri Viriya Accounting Director Miss Noppajan Norani Marketing Director

Miss Suchaya Dadsanthia Sales Operation Director – Traditional Trade

Ms. Nattanan Muansing Sales Operation Director – Modern Trade

Mr. Wongwiwat Theekhakhirihul Assistant Managing Director – Management and Business Development

Internal Audit Department

Audit Committee

Mrs. Aunruen Arunvisavakul Assistant Managing Director – Warehouse and Distribution

Mrs. Aunruen Arunvisavakul Ms. Chonthida Theekhakhirihul Mr. Satjapong Yongskulrote Mr. Wongwiwat Theekhakhirihul Ms. Wei Xiuqing Warehouse Business Development Sales Operation Director Human Resources Business Development and Distribution Director – Information – Modern Trade, KMS and Administration Director – China Region Director (Acting) Technology and SHOP-HQ (Acting) Director (Acting)

Ms. Suwannee Tharacheevin Ms. Chonthida Theekhakhirihul Mr. Sakon Panichsereewong Mr. Pongwiwat Theekhakhirihul Mr. Phawat Chalermphongjatuporn Assistant Managing Assistant Managing Assistant Managing Assistant Managing Assistant Managing Director – Marketing Director - Accounting Director - Marketing Director - Marketing Director – Sales Operation and Product Development

Mrs. Tussanee Auncharoen Deputy Managing Director of Accounting and Finance

Mrs. Tussanee Auncharoen Finance Director (Acting)

Mr. Kraiwit Satayapiwat Deputy Managing Director of Manufacturing and Warehouse

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