Thai Optical Group Public Co. Ltd. · SET:TOG
Thai Optical Group Public — Q1 2026 Earnings Presentation
33 slides from Thai Optical Group Public's earnings presentation, May 20, 2026
Slide 1: Day)
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Slide 2: Disclaimer
Disclaimer The following presentation may contain forward looking statements by the Management Team of Thai Optical Group Public Company Limited (the Company), related to financial or other tendency for future periods, compared with the results for previous periods. Some of the statements contained
Slide 3: Agenda
Agenda Corporate Overview Financial & Operational Performance Q 3/2025 Sustainability Development
Slide 4: About Us
About Us THAI OPTICAL GROUP PUBLIC COMPANY LIMITED (TOG) Exceptional craftsmanship, powered by innovation, built on over 70 years of expertise in manufacturing and delivering high-quality and affordable lenses to the world TOG is one of the leading, global, INDEPENDENT lens manufacturers, focused on
Slide 5: Our Vision and Mission
Our Vision and Vision Mission We endeavor to remain one of the leading quality ophthalmic lens manufacturers among the global supply, in terms of profitability, innovation, value creation, growth for stakeholders and social responsibility. Mission To become a leading, sustainable, independent manufa
Slide 6: Corporate Values
Corporate Values " WE CRAFT BETTER VISION SOLUTIONS "
Slide 7: Corporate Overview
Corporate Overview TOG is a spectacle lens manufacturer with strong track record 70 years history. We serve business customers both in Thailand and internationally, across 50 countries, over 6 continents.
Slide 8: Product Group
Product Group We offer a wide variety of lens materials designed to correct refractive errors, causing impaired vision both nearsightedness and farsightedness, astigmatism and presbyopia. Standard Lenses Value-Added Lenses: Casting Lens Prescription Lenses : Rx Other Products & Services : Casting le
Slide 9: Over 70 Years of Experience in the Ophthalmic Lens Business
Over 70 Years Of Experience In The Ophthalmic Lens Business
Slide 10: Business Overview
Business Overview TOG offers a wide variety of lens materials designed to correct refractive errors, causing impaired vision both near-sightedness and far-sightedness, astigmatism and presbyopia. High refractive indexes and special materials: 1.60, 1.60 Value-Added Standard Lenses Refractive index M
Slide 11: TOG's Integrated Business Model
TOG’S Integrated Business Model TOG aims to be a manufacturer of ophthalmic lens providing all flexible solutions for clients.
Slide 12: Vertical Integration
Domestic Vertical Integration LENS MANUFACTURER DISTRIBUTOR RETAILER International Integrated Lens Manufacturer GLASS MOULD CASTING RX AUTOMATION GLAZING SERVICES
Slide 13: Product Segments
Product Segments Your all-in-one partner for comprehensive ophthalmic lens solutions
Slide 14: Brand Portfolio
| Brand Portfolio Lens Designs TOG Advanced Single Vision Lens OE ONE OnE TOG Conventional Progressive Lens ene TOG BE Conventional Progressive Lens PRoGRES [) ‘Sun Filter Lens TOG ‘Sun Filter & Polarized Lens SHRQE SHRQE SHADE Coating Tos Freeform Progressive Lens ae fone Sate TOG Occupational Prog
Slide 15: Agenda
Agenda Corporate Overview FFinancial inancial & & O Operational perational Performance Performance Q 3/2025 Sustainability Development
Slide 16: Financial & Operational Performance
Financial & Operational Performance
Slide 17: Q1/2026 Results – Consolidated YoY
Q1/2026 Results – Consolidated YoY Revenue from Gross profit Net Income sales and 197 MB 103 MB services 6.7% 4.4% 889 MB EBIT EBITDA 0.2% 115 MB 187 MB 1.4% 2.4% Percentage changes are calculated based on actual figures prior to rounding.
Slide 18: Q1/2026 Results – Consolidated
Q1/2026 Results – Consolidated Unit: THB million YTD QoQ % YoY % Revenue from sales and services 889 919 3.26% 890 0.11% Gross profits 197 196 0.51% 212 7.08% Net Income 103 114 9.65% 98 5.10% EBIT 115 127 9.45% 116 0.86% EBITDA 187 202 7.43% 183 2.19% Percentage changes are calculated bas
Slide 19: Historical Financial Summary
Historical Financial Summary Unit: THB million Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q1/25 Q2/25 Q3/25 Q4/25 Q1/26 Sales 450 222 531 618 576 572 547 663 643 676 751 821 711 654 773 821 835 931 845 822 890 861 828 919 8
Slide 20: Financial Performance – YoY
Financial Performance – YoY Unit: THB million Unit: USD million 28.4 890 889 Sales - Revenue 26.3 835 23.6 711 21.0 643 19.2 19.6 576 217 212 197 171 141 138 96 76 113 112 98 103 Q3/20Q1/22 Q1/21 Q1/21 Q3/21 Q1/23 Q1/22 Q3/22 Q1/24 Q1/23 Q3/23 Q1/25 Q1/24 Q3/24 Q1/26 Q1/25 Q3/25 Q1/26 Q1/21 Q1/22 Q1
Slide 21: Business by Geography (Q1'2026)
Business by Geography (Q1’2026) Americas 41% Europe 22% Asia Pacific 14% Middle East and Africa 5% Australia and New Zealand 18%
Slide 22: Sales Proportion By Region
Sales Proportion By Region 32% 30% 34 % 35 % 41 % 18 % 21% 17% 18% Americas 19% Asia & Africa Australia & New Zealand 25% 25% Europe 23% 27 % 18% 26 % 24% 25 % 22% 21 % 2024 2025 Q1/24 Q1/25 Q1/26
Slide 23: Sales Proportion By Product
Sales Proportion By Product 8% 9% 8% 9% 9% 44% 45% High value-added 45% 48% 45 % Others 20-30% margin Rx Value-added 24% 25 % 25 % 27 % Standard 25% Low value-added 10-20% margin 24% 22% 20 % 18% 19% 2024 2025 Q1/24 Q1/25 Q1/26
Slide 24: Agenda
Agenda Corporate Overview Financial & Operational Performance Q 3/2025 Sustainability Development
Slide 25: Sustainability Development
Sustainability Development
Slide 26: Sustainable Development
Sustainable Development At TOG, we 'Craft with Care' and help people around the world lead healthier and more fulfilling lives, through the power of sight. Healthier Living is foundation of sustainability for all; employees, partners, customers, consumers, communities and environment.
Slide 27: Aligning Carbon Reduction Targets
Aligning Carbon Reduction Targets TOG Sustainability and UN SDGs Priorities SDG 3 Good Health & Well - Being: • Occupational health and safety • Local Community SDG 8 & SDG 12 Decent Work and Economic Growth & Responsible Consumption and Production: • Productivity improvement • Engineering contest •
Slide 28: Aligning Carbon Reduction Targets
Aligning Carbon Reduction Targets TOG Sustainability Mission Statement 1. Caring for Environment Responsibly and efficiently utilize resources and dispose of waste properly. 2. Caring for People Promote collaboration among employees and surrounding communities. 3. Caring for Performance Strive for c
Slide 29: Carbon Reduction Targets
Carbon Reduction Targets 2024 2025 2030 CO2 Emission Reduction Target: Total Reduction Target: • 7% or 2,505 tCO2e • 37% (Scope 1,2,3) from based year 2023 CO2 Emission Reduction CO2 Emission: (YTD) • Absolute Target: • Total emission: 25,887 tCO2e >13,000 tCO2e from based year • YTD Reduction: 3,80
Slide 30: Sustainability Projects
Sustainability Projects PLASTIC-FREE HEALTH SAFETY AND PACKAGING REDESIGN ENVIRONMENT In 2025, we successfully managed to • ISO14001 , ISO45001 reduce the use of plastic in packaging • Refuse Derived Fuel (RDF) by more than 4.39M pieces. • Incineration Facilities with Energy Recovery • Upcycling pr
Slide 31: Sustainability Projects
Sustainability Projects • From Waste to CRAFT by TOG The “From Waste to CRAFT” project transforms production waste into creative and valuable furniture. In 2025, TOG upcycled lens scrap and used milk cartons, transforming production waste equivalent to 824.4K pieces into Brick Brock of 5,000 brock,
Slide 32: CG & Sustainable Highlights
CG & Sustainable Highlights Sustainability Disclosure Thailand Kaizen Awards 2024 Green Industry Recognition Award 2024 CGR Report of SET ESG 'A' Rating Since 2014 AGM Checklist 2025 Thai Listed Companies 2025 ‘Excellent’ ‘Excellent‘
Slide 33: Contact
CONTACT
Thai Optical Group Public Company — Q1 2026 Earnings Presentation on 6ix