CHC — Investor Presentation 2019

Nov 28, 2019

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Investor Conference 4164 TT

Nov 14, 2019

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Dual ISO Certifications

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ISO 9001 Quality Management Systems

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OHSAS 18001 Occupational Health and Safety Management Certification

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Disclaimer

• The information contained in this confidential document ("Presentation") has been prepared by CHC Healthcare Group (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment.

• While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as "Information") and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation.

• Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any prospective investors. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent.

• This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient should satisfy itself in relation to such matters.

• This Presentation includes certain statements that may be deemed “forward-looking statements”. All statements in this discussion, other than statements of historical facts, that address future activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in forward-looking statements.

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Medical
Company Product Elderly Care
Management
Overview Distribution Industry
Service
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Medical
Company Product Elderly Care
Management
Overview Distribution Industry
Service
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Company Introduction

• Name： CHC Healthcare Group (4164 TT)

• Date of establishment： 2009/11/27

(First subsidiary, Chiu Ho Instruments & Reagent, was founded in 1977)

• President： Mr. Pei-Lin, Lee

• Headquarters： Taipei

• Branches： Taichung, Kaohsiung, Beijing, Guangzhou & Jakarta

• Major business： Medical equipment direct selling,

• Medical management service

• Paid-in capital： NT$ 1,416,335,390

• Listing date： 2012/10/24

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Company Milestones

1977 Founded Chiu Ho Instruments & Reagent Co., Ltd 2019 Introduced medical management service to Indonesia Achieved ISO 9001 Certification 1985 Introduced radiotherapy equipment 2018 Achieved OHSAS 18001 Certification 1997 Became Taiwan distributor for Elekta Held “2017 International Elderly Care Industry Leaders Forum” 2017 1998 Established medical management service IBA first official medical management service contract in Taiwan signed in Taiwan 1999 Installed the first Elekta IMRT linac in Taiwan 2016 IBA first official direct selling contract signed in Taiwan Announced entering Taiwan’s long-term care market Established Ophthalmology Dept & become 2006 Acquired SHIH-LU Taiwan distributor for Bausch & Lomb 2015 Officially entered into Indonesia market 2009 Founded CHC Healthcare Group Became Taiwan distributor for GE of diagnostic imaging 2013 equipment and molecular medical imaging systems Listed in Taipei Exchange (originally known as 2011 GreTai Securities Market) as Emerging Stock Listed in Taiwan Stock Exchange on Oct 24, 2012 2012 Became South China distributor for Elekta Became Taiwan distributor for IBA Proton Therapy System

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Business Model

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Manufacturer
Medical
Direct
CHC Management
Selling
Service
Hospital & Clinic
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Product Mix

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2018
53% 47%
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2019
Q1-Q3
41%
59%
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2017 2018
Q1-Q3
38%
46%
62% 54%
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Revenue from Direct Selling

Revenue from Medical Management Service

《Value-Added Business Model》

Direct Selling

Exclusive distributor for competitive brand Product diversification create business synergy

Medical Management Service Full-service solution provider domestic & abroad Generate recurring revenue & high gross margin

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Annually Operating Revenue - 2015~2019

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(NT$ thousand)
3,000,000
2,507,466 2,493,639
2,395,331
2,500,000
2,205,206
2,117,116
2,000,000
1,500,000
1,000,000
500,000
-
2015 2016 2017 2018 2019 Jan to Oct
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Profitability - 2015~2019

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(NT$ thousand) (NT$)
400,000 4
3.5
317,829 313,759
300,000 3
222,687 2.32 2.5
2.28
200,000 2
1.73 160,604
1.5
1.14
100,000 1
0.5
-89,286
0 0
-0.62 -0.5
-100,000 -1
2015 2016 2017 2018 2019 Q1-Q3
Profit for the period Basic EPS
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Earnings Distribution & Dividend Yield - 2014~2018

(NT$) 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 0 0.5 1 1.5 2 2.5 2014 2015 2016 2017 2018 Cash dividends per share Dividend yield	Cash dividends per share (NT$) Average closing price for the year Dividend yield 2014 2 72.86 3% 2015 2.004 56.22 4% 2016 1.004 49.68 2% 2017 1.1 40.69 3% 2018 1.8 33.87 5%

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Medical
Product Elderly Care
Management
Distribution Industry
Service
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Solid Partnership with Top Global Brands

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Radiation Oncology Medical Imaging Ophthalmology Neuroscience Surgery

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Elekta Linear Accelerator

Versatile, all-in-one radiotherapy system

･ ･ Versa HD™ – Precise Intelligent Quality Assured

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Elekta MR-Linac

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Unity – Two worlds, one future

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Elekta MR-Linac

“We needed online, real-time, diagnostic quality MR imaging within the treatment workflow. Elekta Unity is the only system that can provide this.” Professor Dr Daniel Zips, Medical Director, CCC Tübingen-Stuttgart, Germany

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Elekta MR-Linac

Unity

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IBA Proton Therapy

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30+ 50+ 65%+ YEARS OF EXPERIENCE CENTERS IN OPERATION / DEVELOPMENT PATIENTS TREATED WITH IBA

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IBA Proton Therapy

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A Growing Treatment Option Nowadays

(patients treated per year) 500,000 160,000 patients have already been 400,000 300,000 treated with proton therapy 300,000 200,000 100,000+ 16,200 100,000 patients have chosen IBA proton therapy system - 2015 2030 Source: IBA 2015 2030

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IBA Proton Therapy

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IBA Proton Therapy

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< Pencil Beam Scanning by IBA >

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IBA Proton Therapy

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Think Big, Scale Smart

S2C2: next generation cyclotron design Only compact solution with IMPT Equip with Pencil Beam Scanning

Efficient workflow and operations

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ProteusONE

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Elekta Gamma Knife

Personalized solutions from the pioneers of radiosurgery

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MEGIN TRIUX[TM] neo

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Leica Microscopes & Imaging Solutions

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IMRIS Hybrid Surgical Theatre

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IMRIS Hybrid Surgical Theatre

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SONY Healthcare Solution

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NUCLeUS
The smart digital
operating room platform
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SONY Healthcare Solution

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CAScination Navigation Technology

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CROWNJUN Microsurgery Nylon

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Hill-Rom Trumpf

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Robotic OR

Hybrid OR

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Hill-Rom WelchAllyn

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Earlier Detection of Patient Deterioration

Cardiology Screening and Diagnosis

Hypertension Evaluation and Management

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Helping Save Vision in Children and Adults

Connectivity and Data Security

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Bausch + Lomb Laser Platform

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PhysIOL Premium IOL

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PhysIOL G-free[® ]

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Hydrophobic IOL with Glistenings

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Product
Distribution
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Elderly Care
Industry
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Medical Management Service

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Scope of Medical Management Service

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Division
Management
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Operation
Consulting
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Management
Equipment
Provider
Site Site Operational Education
Installation Maintenance Upgrades
Planning Construction Consulting & Training
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Medical Management Service Coverage Map

China

Taiwan

Indonesia

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Professional Medical Management Team

Yee-Min, Jen Chief Executive Officer Oncology Business Group

(Director, Dept. of Radiation Oncology, Tri-Service General Hospital)

Ming-Ta, Wen Dr. Oncology Business Group

(Supervisor, Dept. of Radiation Oncology, Mennonite Christian Hospital)

Chia-Ming, Wu Physician Oncology Business Group

(Leader, Medical Physics Team, Dept. of Radiation Oncology, CGMH Kaohsiung)

CHC’s experienced consulting and professional technical supporting team is a critical factor in our success.

CHC already trained over 70 manufacturer certified engineers up to now.

Manufacturers also rely on CHC’s technical support and after-sales service.

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Medical Management Service

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Medical Management Service

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Medical Management Service in Indonesia

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《Cooperate with Mayapada Group》

• Financial Services - Financing & Insurance

• Healthcare - International standardized hospitals & Clinics chain

• Real Estate - Office & Residential

• Specialty Retail - DFS Indonesia, Fairmont Bali & Mall Bali Galleria

• Media - Forbes Indonesia, ELLE Indonesia, Newspaper & Satellite TV

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Medical Management Service in Indonesia

• 《Management Team of Mayapada Hospital》

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Medical Management Service in Indonesia

Mayapada Hospital Jakarta Selatan

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Medical Management Service in Indonesia

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Medical Management Service in Indonesia

< In Operation >

Mayapada Hospital Tangerang BMC Mayapada Hospital Bogor

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< On Progress >

• Mayapada Hospital Kuningan

• • Mayapada Hospital Bandung

• • Mayapada Tangerang Selatan

• Mayapada Hospital Surabaya

• • Mayapada Hospital JGC

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……

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Product
Distribution
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Elderly Care
Industry
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World Aging Trend

	Year when ageing status changed	Year when ageing status changed	Year when ageing status changed	Speed of population ageing (Year)	Speed of population ageing (Year)
	Ageing Society (7%)	Aged Society (14%)	Super-Aged society (20%)	7% to 14%	14% to 20%
**Taiwan **	1993	2018	2026(e)	25	8(e)
Japan	1970	1994	2005	24	11
South Korea	1999	2017	2026(e)	18	9(e)
Singapore	1999	2019(e)	2026(e)	20(e)	7(e)
United States	1942	2013	2028(e)	71	15(e)
Canada	1945	2010	2024(e)	65	14(e)
United Kingdom	1929	1976	2027(e)	47	51(e)
Germany	1932	1972	2008	40	36
Norway	1885	1977	2036(e)	92	59(e)
Australia	1939	2011	2034(e)	72	22(e)

*Source: National Development Council

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Market Information of Elderly Care Industry

50	• Market Gapin Taiwan	• Market Gapin Taiwan	• Market Gapin Taiwan
	The Dependent Elderly
		Capacity	Demand	Market Gap
				Amount	%
	Institution for physical incapacity	105,066	421,800	316,734	75%
	Institution for mental incapacity	1,291	155,100	153,809	99%
	The Independent Elderly
		Capacity	Demand	Market Gap
				Amount	%
	Elderly housing for the healthy and sub-healthy elderly	15,214	2,744,900	2,729,686	99%
	*Source: Ministry of the Interior; Ministry of Health and Welfare

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Partnership with Sakurajyuji Group

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Enter Elderly Care Market with New Perspective

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• Aging in Place • Preventive Medicine • Continuing Care

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Thank you

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