Bangkok Airways : Analyst Meeting Q2/2022

Bangkok Airways

2Q 2022 Analyst Meeting

24 August 2022

2

Disclaimer

Information contained in our presentation is intended solely for your reference. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the company.

In addition, the information may contain projections and forward-looking statements that reflect the company's current views with

respect to future events and financial performance. These views are based on assumptions subject to various associated risks. No assurance can be given that future events will occur, that projections will be achieved, or the company's assumptions are correct. The actual results may differ materially from those projected.

Neither the company nor any of its directors, employees or representatives are bearing any liability (including liability to any person by reason of negligence or misstatement) from any statement, opinion, information or matter (express or implied) arising out of, contained in or derived from or any omission from the presentation, except liability under statute that cannot be excluded.

Airlines continue to demonstrate resilience in post-pandemic

3

International RPKs (region-region)

Global passenger ticket sales (domestic vs international)

ME-Asia

EU-Asia

Asia-SW Pacific

• RPKs in Asia Pacific international market showed the strongest growth rates at 492.0% due to the re-open travel market policy in Japan and China.

• International ticket sales rose up in May 22 but gradually soften down in the recent month due to some disruptions e.g. capacity constraint in some market. However, consumers' willingness to travel remains strong.

Source: IATA Air Passenger Market Analysis, June 2022

2Q 2022: Key Highlights	4

Passenger

(Thousand)

Available Seat Km.

(Mil. Seat Km.)

Passenger Revenue Km.

(Mil. Passenger Km.)

Passenger Yield

(THB/Passenger-Km.)

			269%
			908
	469%
	535	246
94
2Q21	2Q22	1H21	1H22
			192%
	317%		731
	394	250
94
2Q21	2Q22	1H21	1H22

			258%
			523
	466%
	309	146
55
2Q21	2Q22	1H21	1H22

	33%		40%
	4.89		4.66
3.69		3.33
2Q21	2Q22	1H21	1H22

Bangkok Airport Management (BAM) was established for Airport development and management.

SEC approved BA Airport Leasehold Real Estate Investment Trust (BAREIT).

CAAT granted Airport Operating Certificate of Samui

Airport.

5

Route Network Update

Leveraging existing BA's own airports and expand to CLMV

			Hong Kong				Hong Kong
Chiang Mai		Luang Prabang	Chiang Mai		Luang Prabang
		Lampang				Lampang
Yangon		Sukhothai	Danang	Yangon		Sukhothai	Danang
Bangkok	U-Tapao	Siem Reap	Bangkok	U-Tapao	Siem Reap
		Trat	Phnom Penh			Trat	Phnom Penh
		Samui	Phu Quoc			Samui	Phu Quoc
Phuket		Had Yai		Phuket		Had Yai
Maldives			Maldives
Krabi		Krabi
			Singapore				Singapore

Current routes as in Aug 2022		Additional routes during Sep - Dec 2022	Tentative future routes