17.41 15.98 19.83 1.80 59.78 49.71 20.26 Key financial ratio related with operating result (%) 3Q19 3Q18 %YoY 2Q19 %QoQ 9M19 9M18 %YoY Gross profit margin (%) 46.47 42.44 4.03 44.00 2.47 43.93 41.88 2.04

28, 2017. Covering networks nationwide, the Company has 110 branches, 468 ATMs, and over 17,500 member dealers to provide quality financial services to AEON cardholders. Operating Results Revenues In

AIT (VP-SEC) 027E/2024 7 November 2024 Subject: Management’s Discussion and Analysis of Operating Results for Q3-2024 To: The President of the Stock Exchange of Thailand Summary of Operations Q3-2024

- Translation - IR62/002 26 February 2019 Re: Management Discussion and Analysis (MD&A) for the year 2018 To: President The Stock Exchange of Thailand Overview and Factors Affecting Future Operating Results In

. RESULTS OF OPERATION Consolidated Financial Statements 1Q2019 1Q2018 % Change Total Revenue 459.4 422.0 8.9% - Utilities Business 458.0 422.0 8.5% - Operating Revenue1 431.2 420.6 2.5% - Other Utilities

well as medical service concerning health and esthetics. 2. Overview of operating results in the Quarter 1’2018. The global economy has continued its steady growth as a result of a tightening monetary

the 2nd quarter financial statements as of August 31, 2019 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized as follows. Overview

0.99 0.69 0.64 55% 3.27 2.22 47% Reported EPS after PERP Interest (THB) 1.04 1.92 0.87 20% 4.15 3.21 29% Core EBITDA/ton ($) 140 111 100 40% 120 94 28% Operating Cash Flow 249 247 226 10% 941 827 14% Net

, representing the net profit margins of 5.74% as a result of the gradually risen in sales since late 1Q18 couple with the increase in operating expense. Notwithstanding, the Company highly focuses and

Stock Exchange of Thailand The Company wishes to present the Management Discussion & Analysis (MD&A) on the operating and financial status for the year 2018. The MD&A would enable the investors to better