PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS A f t e r Y o u P u b l i c C o m p a n y L i m i t e d Q2/2024 1 Financial Performance Management Discussion & Analysis Q2/2024 Executive

competition for SME there. V3 27/02/63 6 10. Thai Financial Reporting Standard change - The Thai Federation of Accounting Professions (TFAC) has issued an announcement on the pack of Thai Financial Reporting

regulations which will take effect in 2020, especially the Thai Financial Reporting Standards (TFRS9), and capital requirements, as well as other additional measures intended to mitigate the household debt

/ Impact from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16) since 1 January 2020 which caused higher depreciation and interest expenses (net after tax). Operating Highlights Q1/2019

from the existing practice where Core EBITDA reporting precedes Reported EBITDA. Reported EBITDA is derived from and is a true reflection of Audited/Reviewed financial statements. Our MD&A starting this

with the Thai Financial Reporting Standards no.16 regarding lease agreements (“TFRS16”) which was effective since 1 January 2020. Notwithstanding, that the compliance to TFRS16 provided no significant

policy. Moreover, in the first quarter of 2020, the Company has an additional provision in accordance with the new Financial Reporting Standards (TFRS 9) coupled with provision for future impact of ongoing

THB 4. Finance Cost: Finance cost arises from the recognition of interest expenses from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The Company has no interest-bearing debt

Profit Margin 6 12 15 Q1/21 Q1/22 6.6% 7.5% 6. Finance Cost: Finance cost arises from the recognition of lease liabilities from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The

) (27.6) N.A.(