. Including uncertainty from the US economic policy Therefore, the overall of the world economy is growing at a slower rate. While the Thai economy continues to grow at a slow rate as well Although the economy

increase in investment in NRIP of THB 681 million (2) an increase in available-for-sale investment of THB 102 million resulting from fair value adjustment, and (3) a decrease in property, plant, and

shares for the amount of 1,437,456,000 shares offered for initially offering to the public. Such ordinary shares have a par value of THB 5 per share, which was offered at the price of THB 5. 20 per share

of 530 million baht or 2.12 baht per share, decreasing by 46% y-y. The financial performance can be summarized as follows. Overview The Thai economy in the first quarter of 2020 contracted by 1.8

from last year in the amount of 18.88 million baht or 10.93%. This year the Company has adopted Thai Financial Reporting Standards no. 16 Lease, resulted to a reclassification of Right-of-use assets

2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 4 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial Reporting Standards (TFRS) 9 – Financial Instruments

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020 MASTER AD PUBLIC COMPANY LIMITED 4 13 May 2019 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial

managing the kiosk location, adding new services to the system such as traffic fine payment service with the Royal Thai Police, GMM’s content selling service, SIM Card selling with electronic-Know-Your

. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the second quarter of 2020 dropped by 12.2% compared with a 2

-ร่าง- UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market