from the decrease in employees’ expenses, advertising and promotional expenses and effective management of expenses during the COVID-19 pandemic. Table: Operating Results (Unit: Million Baht) Items

before changes in assets by equity method 815 32,092 99,506 50,071 Decrease (increase) in operating assets Trade and other current receivables -3,172 593 2,764 -730 Supplies -8,349 1,034 5,334 10,900 Claim

Owner of the Company 2,131.87 2,048.02 83.85 4.1 Earnings per share (Baht) 1.47 1.41 Fuel Cost 8,296.77 8,090.95 * Restated Increase (Decrease) % Quarter 2 The operating result according to the

4,938.99 5,285.47 (346.48) (6.6) Earnings per share (Baht) 3.41 3.65 Fuel Cost 23,796.03 23,504.83 * Restated Increase (Decrease) % Quarter 1-3 The operating result, for the nine-month period of the year

attributable to owner of the Company 1,364.84 1,680.53 (315.69) (18.8) 5,058.41 4,938.99 119.42 2.4 * excluding fuel cost Increase (Decrease ) % Increase (Decrease ) % Quarter 3 Quarter 1-3 The operating result

different in 2020. When compared to Q4–2019, it found that the total operating expenses in Q4–2020 more decrease than the decreased in revenue resulting from the gross profit margin of project in 2020 was

(3M 2020) 15 JUL 2020 MASTER AD PUBLIC COMPANY LIMITED 3 During 3M 2020, MACO recorded an operating revenue of THB 612mn, a decrease of 13.7% from THB 710mn in 3M 2019. The decrease was mainly affected

Earnings per share (Baht) 1.28 0.58 Fuel Cost 8,339.72 8,622.55 Increase (Decrease) % Quarter 3 The operating result according to the consolidated financial statements of the Company and its subsidiaries for

7,930.03 8,296.77 Increase (Decrease) % Quarter 2 The operating result according to the consolidated financial statement for the 2 nd quarter of 2019 showed the profit (attributable to owners of the Company

Company 2,200.99 1,101.05 1,099.94 99.9 Earnings per share (Baht) 1.52 0.76 Fuel Cost 8,090.95 9,607.32 Increase (Decrease) % Quarter 2 The operating result according to the consolidated financial