Origin Property Public Company Ltd · SET:ORI
Origin Property Public — Q1 2026 Earnings Presentation
31 slides from Origin Property Public's earnings presentation, May 22, 2026
Slide 1: Analyst Meeting Performance Q1 2026
1 ANALYST MEETING PERFORMANCE Q1 2026 บริษัท ออริจิ้น พร็อพเพอร์ตี้ จำกัด(มหาชน) 1
Slide 2: Content
CONTENT • Business Overview • Highlight Q1 2026 • Performance Q1 2026 • New Project Launch 2026F • Project Transfer Plan 2026F 2
Slide 3: Business Overview
BUSINESS OVERVIEW 3
Slide 4: Origin Business Overview
ORIGIN BUSINESS OVERVIEW CONDOMINIUM HOSPITALITY LOGISTIC HOUSING SERVICE AND HOLDING & TOURISM AND WAREHOUSE ( ORIGIN X SCGJWD ) CONDOMINIUM HOUSING SERVICE HOTEL TOTAL 121 PROJECTS 50 PROJECTS 223 PROJECTS 8 PROJECTS 382,000 SQ.M. 202,528 MB 64,519 MB 40,000 FAMILIES 2,003 KEYS 59,420 UNITS 9,766
Slide 5: Highlight Q1 2026
HIGHLIGHT Q1 2026 5
Slide 6: Highlight Q1 2026
HIGHLIGHT Q1 2026 1 2 3 4 BACKLOG TRANSFER TOTAL REVENUE PRESALE FOREIGN ACTIVITIES 1,690 MB TOTAL 7,200 MB 34,681 MB 4,511 2,830 (OWN PROJECT 22,411 MB) Other 42% Russia ~30% NET PROFIT MB MB RECOGNIZE REVENUE 103 MB China/ 2026-2029F Hong Kong 10% (JV 1,853 MB) Poland 8% Taiwan 9% 5 6 7 SUCCESSFUL
Slide 7: Presale Q1 2026
PRESALE Q1 2026 HOUSE ON GOING 560 MB 1,760 MB 12% 39% 61% 88% CONDOMINIUM READY TO MOVE 3,951 MB 2,751 MB TOTAL PRESALE 4,511 MB 7
Slide 8: Hospitality & Tourism Status
HOSPITALITY & TOURISM STATUS 8 HOTELS 2,003 KEYS TOTAL 11,478 MB* AVERAGE OCCUPANCY RATE 76% (BKK 85%) 2 RETAILS 6,829 SQ.M. IBIS STYLES HOLIDAY INN SRIRACHA IBIS HUAHIN IBIS PHUKET KATA KRABI AO NANG STAYBRIDGE SUITES WELLNESS STAY HOLIDAY INN INTERCONTINENTAL BANGKOK SUKHUMVIT & HOTEL SUKHUMVIT 10
Slide 9: Operated Warehouses of Alpha
OPERATED WAREHOUSES OF ALPHA OPERATED WAREHOUSES OF ALPHA Operated 360,000 SQ.M. Average From Occupancy Rate 97% Total 382,000 SQ.M. REIT Value 8,600 MB* RANGSIT BANGNA KM.19 PHANTHONG GRAND UNIVERSAL THAIMAKE INDUSTRY AND TRADE ESIE A REALART ART CRAFT WH 1 21,980 SQ.M. WH 1 : 34,020 SQ.M. WH 1-2 :
Slide 10: Successful Hotel and Land Sales
SUCCESSFUL HOTEL AND LAND SALES TOTAL VALUE 3,000 MB DEPOSITED LAND SALES AMATA IBIS PHUKET KATA STAYBRIDGE SUITES BANGKOK SUKHUMVIT
Slide 11: Origin's Days Super Deal x3 Campaign
Origin's 4 Days "Super Deal x3" Campaign 1,200 MB Driven by Pet-Friendly & Condo Near BTS Trends งานมหกรรมบ้านและคอนโด คร�ังท�ี 49 ระหว่างวันที� 19-22 มีนาคม 2569 11
Slide 12: Performance Q1 2026
PERFORMANCE Q1 2026 12
Slide 13: Highlight Q1 2026
HIGHLIGHT Q1 2026 HOUSE OWN PR OJEC T 560 MB 977 MB 12% 35% PRESALE TRANSFER ACTIVITIES 4,511 MB 2,830 MB 88% 65% CONDOMINIUM JV PRO JECT 3,951 MB 1,853 MB TOTAL REVENUE 1,690 MB NET PROFIT 103 MB 13
Slide 14: Transfer Activity Q1 2026
TRANSFER ACTIVITY Q1 2026 HOUSE 4% 65% HOUSE 14% JV PROJECT 1,853 MB 35% OWN PROJECT 977 MB CONDOMINIUM CONDOMINIUM 96% 86% JV PROJECT OWN PROJECT TRANSFER ACTIVITY 2,830 MB 14
Slide 15: Secured Backlog for Revenue Recognition 2026-2029F
รายได้สะสมรอการรับรู้ตามแผนธุรกิจ ปี 2026-2029F (SECURED BACKLOG FOR REVENUE REGCOGNITION IN 2026-2029F) 2029F 1,945 MB 2028F 7,561 STRONG BACKLOG MB 34,681 MB 12,632 12,543 2027F 2026F AS OF Q1 2026 MB MB (OWN PROJECT 22,411 MB, JV 12,270 MB) 15
Slide 16: Project Launch 2026F
PROJECT LAUNCH 2026F 16
Slide 17: Project Launch 2026F
PROJECT LAUNCH 2026F TOTAL VALUE 19,400 MB LOGISTICS CENTER RESIDENTIAL FOR SALE COMMERCIAL PROPERTY & WAREHOUSE 6 PROJETS 4 NEW HOTELS LAUNCHES 762 KEYS 7,400 MB 5,915 MB REIT VALUE 5 NEW PROJECTS 150,000 SQ.M. REIT VALUE 3,000 MB CONDOMINIUM HOUSE 3 PROJECTS 3 PROJECTS 3 RETAILS & 1 OFFICE 4,200 M
Slide 18: New Projects Launch 2026F: Condominium Projects
NEW PROJECTS LAUNCH 2026F CONDOMINIUM 3 PROJECTS 4,200 MB The YAEK KOR POR AOR STATION PROJECT VALUE PROJECT VALUE PROJECT VALUE 1,800 MB 1,400 MB 1,000 MB 868 UNITS 306 UNITS 238 UNITS STARTS 1.49 MB STARTS 3.49 MB STARTS 3.79 MB JV PROJECT 18
Slide 19: New Projects Launch 2026F: Housing Projects
NEW PROJECTS LAUNCH 2026F HOUSING 3 PROJECTS 3,200 MB PROJECT VALUE PROJECT VALUE PROJECT VALUE 800 MB 1,200 MB 1,200 MB STARTS 30 MB* STARTS 50 MB* STARTS 30 MB* 19
Slide 20: New Projects Launch 2026F: Hotel & Commercial Property
NEW PROJECTS LAUNCH 2026F HOTEL & COMMERCIAL PROPERTY 3 RETAILS + NLA 13,860 SQ.M. 1 OFFICE BUILDING + NLA 35,801 SQ.M. HOTEL INDIGO & HOLIDAY INN EXPRESS BANGKOK PHAYATHAI 411 KEYS PORTOBELLO PORTOBELLO PORTOBELLO CHAENGWATTANA SRINAKARIN RAYONG TOTAL REIT VALUE MOXY MOXY TOTAL REIT VALUE 600 MB* P
Slide 21: New Projects Launch 2026F: Logistics Center and Warehouse
NEW PROJECTS LAUNCH 2026F LOGISTICS CENTER AND WAREHOUSE EXPAND 5 NEW PROJECTS READY BUILT WAREHOUSE BUILT - TO - SUIT BANGNA ZONE DEVELOP A LARGE-SCALE LOGISTICS PARK • BUILD CUSTOMER PIPELINE THROUGH THE AGENCY NETWORK & FOR BOTH BTS AND RBW TARGET ACCOUNTS LAEMCHABANG ZONE RBW DEVELOPMENT FOR BOT
Slide 22: Long-Term Investment Business Model
LONG-TERM INVESTMENT BUSINESS MODEL 22
Slide 23: Origin Hotel Strategy: Circular Business Model
ORIGIN HOTEL STRATEGY CIRCULAR BUSINESS MODEL DEVELOP INVESTMENT DEVELOPMENT LANDLORD RE-INVEST OPERATE OPPORTUNITIES GLOBAL OPERATOR DIVEST REIT FUNDS WEALTH 23
Slide 24: Divestment Target 2026F - Hotel & Office Building Projects
DIVESTMENT TARGET 2026F - HOTEL & OFFICE BUILDING 6 PROJECTS TOTAL VALUE ~7,000 MB * DEPOSITED DEPOSITED IBIS STAYBRIDGE SUITES IBIS STYLES WELLNESS STAY & HOTEL MOXY ORIGIN PHUKET KATA BANGKOK SUKHUMVIT KRABI AONANG SUKHUMVIT 107 PHUKET CHAOFAH SANAMPAO 24 *ESTIMATED REIT VALUE
Slide 25: Divestment Target 2026F - Warehouse
DIVESTMENT TARGET 2026F - WAREHOUSE (To realize capital gain and extra cash flow) ALPHA REIT TOTAL VALUE ~3,300 MB* 3 JV Projects (175,107 SQ.M.) ALPHA ALPHA ALPHA LAEMCHABANG LAEMCHABANG 2 KM.19 25 *ESTIMATED REIT VALUE
Slide 26: New Projects Transfer in 2026F
NEW PROJECTS TRANSFER IN 2026F Q1 Q2 Q3 Q4 The SIRIRAJ KATHU PATONG ( TO W E R C ) The BANGKAE RAYONG JV PROJECT 26
Slide 27: Deleverage Plan to Strengthen Balance Sheet
DELEVERAGE PLAN TO STRENGTHEN BALANCE SHEET IBD/E CONTINUOUSLY LOWER THAN BANK / BOND COVENANT ORIGIN LEVERAGE RATIOS (IBD-CASH)/E 3.00 2.50 BOND COVENANT : (IBD-CASH)/E < _ 2.5 TIMES 2.00 1.58 1.62 1.60 1.51 1.50 1.48 1.41 1.4x 1.3x 1.2x 1.00 PERFORMANCE & EXIT HOTEL 0.50 0.00 Y2024 Q1 2025 Q2 2025
Slide 28: Origin Give
ORIGIN GIVE EDUCATION EQUALITY ENVIRONMENT มอบโอกาส และพัฒนาพื้นที่ ส่งเสริมความเสมอภาคและ ดูแล และรักษาสิ่งแวดล้อม เพือ ่ การเรียนรูข ้ องเด็กไทย การเข้าถึงสวัสดิการที่ดีของทุกคน เพือ ่ โลกที่สวยงาม 28
Slide 29: Origin Net Zero 2050
ORIGIN NET ZERO 2050 29 แผนการลดการปล่อยก๊าซเรือนกระจก (DECARBONIZATION) เป้าหมาย (TARGET) : บริษัท ตั้งเป้าหมายอย่างมั่นที่จะลดการปล่อยก๊าซเรือนกระจก (CARBON FOOTPRINT) ACROSS การดําเนิบงานทั้งหมดลง 7% ภายในปี ค.ศ. 2028 เทียบกับมีฐาน ค.ศ. 2024 โดยมุ่งเน้นการเพิ่มประสิทธิภาพ การใช้พลังงาน และการบริห
Slide 30: Sustainable Business Development
SUSTAINABLE BUSINESS DEVELOPMENT 5 AUGUST 2019 - • RECERT - CAC • THAILAND SUSTAINABILITY • ‘AAA’ RATING IN SET 4 AUGUST 2022 INVESTMENT INDEX (THSI INDEX) • 5 STARS CGR ESG RATINGS 2024 • 5 STARS CGR (5 YEARS CERTIFIED CONSECUTIVELY) ANTI-CORRUPTION PROJECT (IOD) 2018 2023 2025 2021 2019 2022 2024
Slide 31: Thank You
THANK YOU ir@origin.co.th 1498 31
Origin Property Public Company — Q1 2026 Earnings Presentation on 6ix