% (113,896) -3% Margin -14% -14% -19% -13% Profit (loss) for the period attributable to equity holder of the company (37,417) (46,242) -19% (60,913) -39% (39,057) -4% Margin -5% -5% -9% -4% 2 (Unit : Thousand

the Period - The Company’s Equity (0.73) (6.33) (5.60) (88.47%) - Non-controlling Interest 0.63 0.03 0.60 2,000.00% Management's Discussion and Analysis and operating results for the Quarter 1’ 2019

June 30, 2020 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For six months ended June 30, 2020 Overall Group Performance Table 1

Revenue • After You Public Company Limited (“the Company”) reported consolidated operating revenue of THB 219 million in Q1/2020 which decreased by 24% from Q1/2019. • The decrease was mainly from the

Company reported net profit for year 2019 at 356.7 million baht of which gain attributable to equity holders of the Company at the amount of 350.8 million baht. Earnings per share equaled to 0.17 baht. 4

5: Condensed Consolidated Statement of Financial Position "# $ !%&!'() + 2/2560 GSteel 15 Unit : Million Baht 30 June 2017 31 December 2016 % Increase (Decrease) Liabilities and equity Current

December 2018, mostly from a decrease in investments in joint ventures and an impact of currency translation due to THB appreciation • Net debt to equity ratio as of 31 March 2019 was 0.51 times, an

due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna

“Company”) submitted its separate financial statement and its consolidated financial statement for the second quarter of 2020 ended on 30 June 2020 which were reviewed by the auditor. The Company hereby

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED AND AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE SECOND