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FY 2 1SUMM A RY

Disclaimer: The ispresentationpresentationis forinformationpurposesand doesnot constitutean oroffer oris forinformationpurposesonlyonlyand doesnot constitutean offerinvitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in Siam Wellness Group Public CompanyLimited (“SPA” and shares in SPA, “shares”) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in anyconnection with, any contract or commitment whatsoever. This presentation may include information which is forward-looking innature. Forward-looking information involve known and unknown risks, uncertainties and other factors which may impact on theactual outcomes, including economic conditions in the markets in which SPA operates and general achievement of SPA businessforecasts, which will cause the actual results, performance or achievements of SPA to differ, perhaps materially, from the results,performance or achievements expressed or implied in this presentation. This presentation has been prepared by the SPA. Theinformation in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to,and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in thispresentation. None of the SPA or any of its agents or advisers, or any of their respective affiliates, advisers or representatives, shallhave any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents orotherwise arising in connection with this presentation. This presentation is made, furnished and distributed for information purposesonly. No part of this presentation shall be relied upon directly or indirectly for any investment decision-making or for any otherpurposes. This presentation and all other information, materials or documents provided in connection therewith, shall not, either inwhole or in part, be reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws.2

ExecutiveSummaryHighlights:Contributing Factors: Spa & Massage Reopening from 1st October2021. First Spa to do ATK (Saliva) Testing for every customersand staff (daily) EBITDA 75.48 million THB (FY21) ATK Sales (B2B & B2C) boosted Government Travel Initiative (Rao Tiew Duay GunPhase 4) Test & Go Resume with No Day 5 RT-PCR Test Phuket SandboxOutlook As of 4Q21, Company reopened 80% of domesticbranches Shutdown expiring branches with Low Performance Spa Operating in Hotel Opportunities New Profile of Foreign Tourist (European & American)Future Consideration:Strongly believe that Wellness and Tourismremains Megatrends. Possibility of Chinesetourist arrivals in 4Q21.3

COMPANYCOMPOOVERVIEW5

SPA is the first full-scale spa company to listed on maiwith the most comprehensive services and most number of branches.SPASWR(HOTEL & FOOD)SWLOTHER WELLNESS SERVICES(SPA PRODUCTS)ONSENSWE(MASSAGE SCHOOL)STRETCH MEDR.SPILLER PURE SKINCARE SOLUTION5

TOTAL 68 BRANCHES THAILAND5-STARS SPA4-STARS SPA3-STARS SPAINNOVATIVE WELLNESS SPABOUTIQUE DAY SPANEIGHBORHOOD MASSAGE & SPAAvg. Spend 2,200 THB/paxCAPEX 25 million THB/branchAvg. Spend 1,100 THB/paxCAPEX 15-20 million THB/branchAvg. Spend 600 THB/paxCAPEX 10million THB/branch3 BRANCHES THAILAND44 BRANCHES THAILAND5 BRANCHES OVERSEASRemark: Close Cha-am610 BRANCHESTHAILAND9 BRANCHESTHAILANDRemark: Close Udonthani

STRETCHING STUDIOBY PHYSICAL THERAPISTSSTRETCHING CLINIC WITHADVANCED TECHNOLOGYSOPHISTICATEDFACIAL SPAAvg. Spend 1,200 THB/paxCAPEX 5-7 million THB/branchAvg. Spend 1,200 THB/paxCAPEX 5-7 million THB/branchAvg. Spend 1,700 THB/paxCAPEX 5-7 million THB/branch1 BRANCH THAILAND3 BRANCHES THAILAND34 BRANCHESTHAILAND3 BRANCHESTHAILANDRemark: Close 101 TDPK7

70CHINASPA’s branches are locatedKUNMING6355987533Nong KhaiUdon attaya3Phnom in most strategic locationsChiang 32014BANGKOK2015UPCOUNTRYRarinJinda2211Let’s RelaxLet’sRelax23222122Baan Suan7642Other6711Total38372726OVERSEAS55

BUSINESS MODELOPERATION1Q21SPA2 - 22 JanTemporary Closure of all Spas& Massage Center in Thailand(2nd Wave)WELLNESS2 - 22 JanTemporary Closure of all Spas& Massage Center in Thailand(2nd 18 Apr* – 30 JunTemporary Closure of all Spas &Massage Center in Thailand(3rd Wave) [Some period allowsFoot Massage only]18 Apr* – 30 JunTemporary Closure of all Spas& Massage Center in Thailand(3rd Wave)High COVID-19 Local Spread(Limited Air Travel)Apr - MayTake-away only PolicyMay - JunNon-Alcohol Consumptionand Curfew3Q211 Jul – 30 SepTemporary Closure of all Spas& Massage Center in Thailand(4th Wave) [Some periodallows Foot Massage only]4Q211 OctSpa & Massage reopened with100% Saliva ATK Policy to boostcustomer confidence1 Jul – 30 SepTemporary Closure of allSpas & Massage Center inThailand (4th Wave)1 OctSpa & Massage reopened with100% Saliva ATK Policy toboost customer confidenceHigh COVID-19 Local Spread(Limited Air Travel)Govt’s Travel TogetherPhase 3 LaunchedAdd-on additional activies toincrease trafficJul - SepNon-Alcohol Consumption andCurfewAdd-on Online Distribution outletApr - JunTemporary closure of SpaAcademy in ThailandJul - SepTemporary closure of SpaAcademy in Thailand [Someperiod, Online Learning only]9

COST REDUCTION AND CASH FLOW MANAGEMENT MEASURESCost SavingCash FlowManagement10 Implemented Cost-Cutting Measures Labour Cost & Executive Pay-cut(seek SSO support during temporary shut-down) Rental Negotiation Reduce Admin expenses Convert Dividend Payment to Stock DividendSeek Soft Loan from Financial InstitutionsAdditional Credit FacilitiesPostpone or Exempt New Projects

Reopening with“100% SALIVA ATK TESTING”for All customers and Staff (daily)11

GROWTH IN ATK Sales(B2B & B2C)12

SPA OPERATING IN HOTEL OPPORTUNITIESNovotel Bangkok Platinum PratunamVeranda Resort Pattaya Na Jomtien13

TRAVEL TOGETHER CAMPAIGN14

RECOVERY MODE from COVID-19Total RevenueEBITDA & EBITDA marginTHB mTHB m150030.2%30.5%THB 3461004332.9%175002017201820192020 2021201720182019Net Profit & Net Profit -287-240-49.0%-171.0%2017201820192020202115

EARNINGS HIT BY COVID-19THB mTotal ,26510001,227984019117620172018Current Asset165001,1935002892322019 20202022032021Non-Current Asset097010008002,4001,1321,639150020001500Total EquityTHB m20002,6322500Total LiabilitiesTHB 72018201920202021Current Liabilities9057552000Non-Current Liabilities20172018201920202021

GEARING STILL MANAGEABLEInterest bearing debt increased significantly in 2020due to the accounting adoption of TFRS16 (LeaseLiability). If exclude, D/E Ratio is 1.04ROA&ROEDebt to Equity & 6%-37.63%2021Debt to EquityROALiquidityROE17

NEW TOURIST PROFILETop 10 Tourist Nationalitiesto Thailand1. Russia2. Germany3. France4. UK5. Singapore6. USA7. United Arab Emirates8. Australia9. Kazakhstan10. Israel182022E TouristArrivals 6 million2023E TouristArrivals 18 millionChina moves onfrom Zero COVID

OUTLOOK

2022ForecastWellness 5.0:Growing hainGrowing600Targeted Sales 500-600 million THB20

SHORT-TERMSTRATEGIES Focus on Domestic Tourism Add on New Services that matches with the current trendsi.e. “Hemp Massage” or “Hemp Spa” Add on New Lifestyle Products that matches with the current trendsi.e. “Hemp Pillow Spray” etc.21

MID TO LONG TERMSTRATEGIES Add on New Businesses that adds cash flow to business(Wellness & Holistic Health Experiences) Resumes Overseas Marketing Scheme as Travel Bubble and Travelling Ban Reliefafter Vaccine intake as Overseas Tourists Arrivals resume22

Q&ASPA IR ContactMs. Yonlawan EiamalongkornTel. 02 641-6619-20E-mail: yonlawan@siamwellnessgroup.comCompany informationwww.siamwellnessgroup.com/investor relationswww.facebook.com/siamwellnessgroup23

APPENDIX

RARINJINDA WELLNESS SPAWorld-Class Wellness Spa that harmonize all of life’ssenses to deliver the ultimate Wellness ExperienceRarinJinda Wellness Spa, a premium and innovative spathat harmonized all life senses. It is dedicated to bethe most innovative and admirable Thai Wellness Spaby combining advanced and harmonious healing practicesfrom around the world with world-class service andfacilities, offering clients wellness, good health andluxurious pampering in a spa sanctuary.25

RARINJINDA WELLNESS SPACHIANG MAI(1) RarinJinda Wellness Spa Chiang MaiBANGKOK(1) RarinJinda Wellness Spa Ratchadamri(2) RarinJinda Wellness Spa Ploenchit26

LET’S RELAXThailand’s Boutique Day Spa that offers refined spaindulgence for a New Lease of Life.Let’s Relax Spa stands for warm hospitality and sensoryrevitalization, with convenient and accessible branchesacross the nation. The serene atmosphere with contemporarydecoration induces a relaxed and peaceful state of mind.Backed by a wide range of spa services delivered throughprofessional therapists and techniques, our treatments aredesigned to provide consumers from every walk of life,the gift of relaxation and the perfect balance of body and soul.Let’s Relax is conveniently located across the country foreveryday revitalization.27

LET’S RELAXTHAILANDChiang Mai(20) Let’s Relax Leisure Space CentralWorld(21) Let’s Relax Mahanakhon CubeKrabi(22) Let’s Relax Novotel Pratunam(1) Let’s Relax Krabi Wake Up(1) Let’s Relax Chiang Mai Pavillion(2) Let’s Relax Krabi Srilanta(2) Let’s Relax Chiang Mai Thapae(3) Let’s Relax Chiang Mai One NimmanPattayaBangkok(1) Let’s Relax Pattaya Dolphin Circle(1) Let’s Relax Phromphong(2) Let’s Relax Pattaya Beachfront(2) Let’s Relax Terminal 21(3) Let’s Relax Pattaya Terminal 21(3) Let’s Relax Mandarin Hotel Samyan(4) Let’s Relax Pattaya Movenpick Siam Na Jomtien(4) Let’s Relax Siam Square One(5) Let’s Relax Pattaya Veranda(5) Let’s Relax Ekkamai(6) Let’s Relax Suanplu(7) Let’s Relax The Street Ratchada(8) Let’s Relax MBK(9) Let’s Relax Berkeley Hotel Pratunam(10) Let’s Relax Phayathai(11) Let’s Relax Thong Lo(12) Let’s Relax Sukhumvit 31(13) Let’s Relax Arnoma Grand Hotel(14) Let’s Relax The Allez Sukhumvit 13(1) Let’s Relax Patong 2nd Street(2) Let’s Relax Patong 3rd Street(3) Let’s Relax Phuket Karon(4) Let’s Relax Phuket The Sis KataCAMBODIAPhnom Penh(1) Let’s Relax Mao Tse Toung Blvd.(2) Let’s Relax Preah Norodom Blvd.(3) Let’s Relax Tonle Bassac.CHINAXi-an(6) Let’s Relax Phuket Millennium Resort Patong(1) Let’s Relax Xi-an(7) Let’s Relax Phuket Beyond Patong(8) Let’s Relax Phuket Porto de PhuketHua Hin(16) Let’s Relax Ginza Thonglor(1) Let’s Relax Hua Hin Market Village(17) Let’s Relax Central Embassy(2) Let’s Relax Hua Hin 100(19) Let’s Relax Carlton Hotel(1) Let’s Relax Rua Rasada Hotel(5) Let’s Relax Phuket Boat Lagoon(15) Let’s Relax The Market Bangkok(18) Let’s Relax I’m Chinatown28PhuketTrangMYANMARYangon(1) Let’s Relax Yangon KER Rendezvous

BAAN SUAN MASSAGECozy and Warm Neighbourhood massage,center with the touch of Thainess for your comfortBaan Suan Massage, a neighborhood massage centerthat you will feel like home, It is a stand-alone massageshophouse comprises of a house, which is convertedinto thai, foot and aroma massage rooms,a lush garden, to create an ambience with parking space.Branches are located in the Bangkok suburban areas,servicing locals who live or work around the area.29

BAAN SUAN MASSAGEBANGKOKKORAT(1) Baan Suan Nonthaburi(1) Baan Suan Terminal 21 Korat(2) Baan Suan Charoennakorn 55(3) Baan Suan PrachanukulNONG KHAI(4) Baan Suan Charoennakorn 68(1) Baan Suan Nong Khai(5) Baan Suan Baromrajchonnanee(6) Baan Suan Petkasem(7) Baan Suan Ramintra 6230

SPECIAL PROJECTStretch me by Let’s RelaxDr. Spiller Pure SkinCare Solutions.(1)meCentralCentralWorld(1) StretchStretch meWorld(1) Dr.Spiller Pure SkinCare Solutions Ginza Thonglor(3)StretchmemeGinzaGinzaThonglor(2) StretchThonglor(2) Dr.Spiller Pure SkinCare Solutions Leisure Space(4)StretchmemeTheAllezSukhumvit(3) StretchTheAllezSukhumvit13 13CentralWorld(3) Dr.Spiller Pure SkinCare Solution Terminal21Stretch me ClinicPattaya(1) Stretch me Clinic Leisure Space Central World31

RARINJINDA WELLNESS SPA RESORTRARINJINDA WELLNESS SPA RESORT is a wellness boutique sparesort with 35 rooms, decorated in thai contemporary style.The resort is equipped with full facilities such as full service Spa,Swimming Pool, Fitness Center, Yoga Studio, Meeting & ConferenceRoom and Riverside restaurant. The resort is built around the150-years old Teakwood home which is the highlight of theproperty.32CHIANG MAI(1) RarinJinda Wellness Spa ResortChiang Mai

DECK ONE“Deck1” The Exotic Scene & Cuisine, a fine-dining RiversideRestaurant, offers delectable Asian, Thai and Western cuisineswith Full Wine Cellar with outdoor and indoor seating.CHIANG MAI(1) Deck1 Restaurant Chiang Mai33

LRL (LET’S RELAX LIFESTYLE)34

SIAM WELLNESS ACADEMYSiam Wellness Academy offers theoretical and practical training to spatherapists. The instructors are well qualified with certificates from theUnited States and Thailand (Wat Pho). The school is certified by theMinistry of Education.35

MULTI-AWARD WINNING SPA GROUP Best Luxury Destination SpaWorld Luxury Spa Awards 2012 Best Luxury Boutique HotelWorld Luxury Hotel Awards 2012 1 of 8 Best Luxury Spas in the Worldby Agoda Excellence & OutstandingDestination SpaThailand Tourism Awards2008, 2015, 2017 Outstanding Day SpaThailand Tourism Awards2010, 2017 Best Spa - Let’s RelaxPeople’s Choice Awards voted byChinese Tourists 2015-2017 1st Runner Up - RarinJindaPeople’s Choice Awards voted byChinese Tourists 2015-2017 Amazing Wellness Spa / Day Spa /Destination Spa / Hotel Spa / NewSpa / Value for Money Spa /Traditional Thai Experience /Marketing CampaignThailand Spa & Well-being Awards2012-201736 Asia’s Top Hotel & Resort Spa Asia’s Top Wellness SpasNow Travel Asia Awards 2017

Best Spa Resort Destination, ThailandAsian Lifestyle Tourism Awards 2017 Best Investor Relations Awardsfor Listed Company inMAI SET Awards 2018, 2020 Asia’s Top 50 BrandsCMO Asia Awards 2017 Outstanding Brands 2018Asia CEO Summit &Influential Brands AwardCeremony Forbes Best Under a Billion Best CEOIAA Awards For ListedCompany 2015-201637

SHAREHOLDING STRUCTURE4%11%Domestic FundForeign FundTop 5.1. Mr. Wiboon Utsahajit11.11%2. Mr. Prasert Jiravanstit10.91%3. Mrs. Pranee Suphawatanakiat9.13%4. Mrs. Thanit Amorntirasan8.40%5. Mr. Napat Wiwattanakrai3.59%AS OF 30/12/20 XD3821%Retail Investor64%Executive Family Utsahajit Family 45% Jiravanstit Family 19%TOTAL NUMBER OF SHARES : 855,000,000PAR VALUE: 0.25/ SHARE

DIVIDEND HISTORYFinancialYearPaymentDatePolicy : Minimum 40% of net profit payout.Dividend(Thb/Share)TotalPayoutEps per ShareConsolid/SeparateDividend 528.50 M2017Annual25/04/180.0739.9 M0.1268.4 M0.310.2832%43%0.1585.5 M0.360.3642%42%StockDividend 2:1 al26/04/1939

[SPA]SIAM WELLNESS GROUP PUBLIC COMPANY LIMITEDWWW.SIAMWELLNESSGROUP.COM

actual outcomes, including economic conditions in the markets in which SPA operates and general achievement of SPA business forecasts, which will cause the actual results, performance or achievements of SPA to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation.