the Company’s shares as at the time of the offering Conditions Precedent to the Purchase of the Second Portion of the Sale Shares Any of S-TREK’s audited financial statements for 12-month period ending

1 Ref. No. IVL 007/08/2017 9 Aug 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of

1 1. ANALYSIS OF FINANCIAL PERFORMANCE Income statement (MB) Q4/2016 Q4/2017 YoY % 2016 2017 YoY % Total Sales and Services revenue 1,043.98 1,039.90 (4.09) (0.39%) 4,376.96 4,308.04 (68.92) (1.57

Osotspa Public Company Limited Q4’18 and FY18 Management Discussion & Analysis 27 February 2019 Q4’18 and 2018 Management Discussion & Analysis Page 1/7 Financial Highlights - Q4’18 Net profit* was

margin 40.5% 47.4% 40.6% 45.2% Net profit margin 22.4% 25.5% 27.1% 21.5% Adjusted net profit margin 23.7% 27.1% 24.7% 24.5% Note: The Company restated its 4Q 2016/17 and 2016/17 financial performance after

1.2% QoQ to stay at Bt610 despite elevated pricing competition. CSL was delisted and will help capture growth in enterprise. The acquisition of CSL has completed with AWN successfully bought 98.96% of

and reducing unnecessary operating expenses coupled with developing digital and online platform, monetizing brand and focusing more on consumers. In addition, entering into such transactions will help

which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated financial

representative or 360-degree technology. Until now, offering a deep discount to potential customers was not expected because of the Company’s financial strength with Net Interest-Bearing-Debt to Equity at 0.97

percent Taokaenoi Food & Marketing Public Company Limited (“Company”) would like to clarify the revenue from sales and net profit in the consolidated financial statements for the year ended December 31