Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 2Q 2019  Consolidated revenue increased by 161.5% YoY to THB

consolidated financial statements for the 3-month period as of March 31, 2019, 1) Calculate the size of transaction 6 months backward which include waiver of rights to purchase the new ordinary shares of Rich

Profitability Consolidated (Unit: Million Baht) Q4/2018 Q4/2017 %YoY 2018 2017 %YoY Sales 1,456 1,531 -5% 5,349 5,916 -10% Cost of Goods Sold 1,189 1,129 +5% 4,165 4,216 -1% Gross Profit 267 402 -34% 1,184 1,700

. The financial impact is on reduction of ‘other receivable’ and ‘provision for revenue sharing’ on balance sheet while there is no impact on the income statement. 2. In 3Q21, AIS has announced a 50:50

% Others 1,778MB 15% (-12% YoY) (-3% YoY) (-7% YoY) (-11% YoY) (-7% YoY) Page 3 3. Results of Operations and Profitability Consolidated (Unit: Million Baht) Q2/2018 Q2/2017 %YoY 6M/2018 6M/2017 %YoY Sales

total value of consideration criterion, which gives the highest transaction value (according to the reviewed consolidated financial statements of the Company for the period ended June 30, 2017). After

932 584 348 Operating Revenue Billboard Street Furniture 2016 2017 2017 CONSOLIDATED P&L SNAPSHOT CONSOLIDATED P&L SNAPSHOT 2017 PERFORMANCE ANALYSIS (YoY) 2017 was a year of high record revenue and

drawn from the company’s retained earnings already subject to 30% corporate income tax. Payment date has been set for Tuesday, May 21, 2019. 2. The 5 directors due to retire upon term completion are as

Company Limited and its Subsidiary (together referred to as “Corporate Group”) would like to clarify on the operating results according to the consolidated financial statements for the 1st quarter ending