contributed by the performance of “Fit Fast Firm” projects e.g. lower cullet costs, new formulation, lower sugar costs and light-weight bottle, however, somewhat offset by cost increase from natural gas. - The

clarifies the performance as follows: During the second quarter of 2020, the Company had the total revenue and share of profit and net profit of THB 1,966.7 mm and THB 542.1 mm, respectively. If excluding FX

the Company was 5,982.2 million baht, decreased by 1.2 percent from the same period in the previous year, mainly due to a slight decline in airline performance by 2.5 percent from highly intense

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

performance according to consolidated financial statement For the three-month period (April 1, 2019 – June 30, 2019) Unit : Million Baht 2019 2018 Revenue from sales and rendering of services (excluding fuel

Earth Tech Environment Public Company Limited Page 1 17th August 2020 Subject Management Discussion and Analysis Financial Performance for the quarter ended 30th June 2020 To President The Stock

Earth Tech Environment Public Company Limited 11th November 2020 Subject Management Discussion and Analysis Financial Performance for the quarter ended 30th September 2020 To President The Stock

Kilometers 767.0 776.6 Passenger Yield (2) Baht per Passenger - Kilometers 4.49 4.44 Revenue ASK (RASK) Baht per Available Seat - Kilometers 3.45 3.34 Cost per ASK (CASK) 3.49 3.43 Cost per ASK excluding fuel

1: Overall Financial Performance Unit: mb Q1 18 % Q1 19 % Change % YoY Revenue 131.45 100.0% 132.54 100.0% 1.09 0.8% Cost 75.00 57.1% 73.41 55.4% (1.59) (2.1%) Gross Profit 56.45 42.9% 59.13 44.6

economic slower expansion indicated risk of soften retail trade sector. (Source: BOT Press Release No.56/2019 on Monetary Policy Report and Monetary Policy Committee’s Decision 7/2019) 2 Performance Analysis