of the Company this quarter is still in line with plan, especially the Homepro business, which continues to increase its efficiency and improve merchandise management. This includes the conversion of

performance after the acquisition of GLOW including Independent Power Producer (IPP), Small Power Producer (SPP) and Very Small Power Producer (VSPP) and Others. For Q2/2019, the adjusted net income was at Baht

revenue as we have recognized revenue of a big scale implementation job in Malaysia last year. With the acquisition of TigerSoft, the Company is able to expand its business to hardware, such as clock

offer for GLOW’s remaining share of 4.75% at the offering price of 90.8136 Baht per share, in which the tender offer period will be of 45 business days from 25 September to 28 November 2019 and the

Profit in Q4/2019 Small Power Producer (SPP) Baht 3,468 million (74%) Independent Power Producer (IPP) Baht 1,141 million (24%) Very Small Power Producer (VSPP) and others Baht 73 million (2%) 4,682

structure from 1 April 2020 to strengthen the business for the group in terms of Efficiency, Availability and Reliability in delivering electricity and steam, as well as focusing on synergy in the operation

reporting period in case of changes to the securities or derivatives holding by extending reporting periods for small-scale transactions with permission to incorporate small-scale transactions into one report

Analysis (MD&A) 10 Revenue: SPP Total revenue of Small Power Producer (SPP) business in Q2/2020 was THB 13,761 million, decreased by THB 309 million or 2% from Q2/2019 and increased by THB 182 million or 1

of scale. VGM Business Overview* *More commentary on the VGM transaction can be found in Report on http://maco.listedcompany.com/newsroom/270620181831240885E.pdf, http://maco.listedcompany.com/newsroom

cash loss is small measured against the scale of the crisis. KEY BUSINESS AND STRATEGIC UPDATES THE ADJUSTMENT OF MINIMUM GUARANTEE FOR PLANB o On 30 January 2020, MACO had entered into an Advertising