margin (%) 43.8% 41.9% 45.9% +2.1% +4.0% EBITDA margin (%) 14.6% 16.2% 19.8% +5.2% +3.5% Net profit margin (%) 5.4% 5.4% 5.3% -0.1% -0.1% One-time expenses 1/ 21.0 - - - - Impact from TFRS 16 2/ - - 6.3

, Structural Improvements, Enhanced Portfolio, New Investment Strategy In 2018:  Revenue $10.7 billion, +27% YoY  Core EBITDA of $1.4 billion, +44% YoY, Core EBITDA margin 13%  Net Profit (after Tax/NCI) of

- Immovable property rental fees : Fees depending on the location, surrounding, building condition, and utilization purpose for said assets - Movable property rental fees : Fees depending on the condition and

price . (Payable by 90% from Revenue of assets used as collateral) Term Loan Condition : Land and Property mortgage of The J Grand (Sathorn - Kallapaphruek),value of the mortgage are 60,000,000 Baht and

still depends on Condition Precedent including conditions derived from due diligence process and agreement in Share Purchase Agreement, for instance, the approval relating to transaction by the Office of

Funds Passport (ARFP) (List of the Notifications in Enclosure 5) shall also apply to HK-TH-MRF on the condition that they are not contradictory or inconsistent with the cooperative framework under HK-TH

. The selling of these land titles is a part of the direction to resolve the grounds of possible delisting. Board of Directors and Auditing Committee’s opinion: Considering the current economic condition

a general commercial condition which the Company has been compared with other service providers, and found that T- One is the best match with the Company’s requirement. The details of the related

fees : Fees depending on the location, surrounding, building condition, and utilization purpose for said assets - Movable property rental fees : Fees depending on the condition and duration of such

purpose - Immovable property rental fees : Fees depending on the location, surrounding, building condition, and utilization purpose for said assets - Movable property rental fees : Fees depending on the