-4124 MMS-AC63/039 August 7, 2020 Subject: Management Discussion and Analysis of Operating Results for 2Q20 ending June 30, 2020 To: The President Stock Exchange of Thailand Matching Maximize Solution

) 1 (1) Profit for the quarter 9 17 (8) 2.5% 3.9% Consolidated financial information (Unit : Million Baht) 3 Months Change % Change 2 / 3 Operating results by business for the three-month period ended

SBN 007/2019 May 14, 2019 Subject : Operating Result for the first quarter of 2019 To : The Managing Director, The Stock Exchange of Thailand Sabina Public Co.,Ltd. Would like to clarify the

relatively strong results in 1Q 2018 with an operating revenue of THB 290mn, an increase by 53.1% and net profit of THB 53mn, increased by 42.3% YoY. 2 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 MD

808 Total Liabilities 930 797 817 Shareholder’s Equity 431 445 451 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,979 3,727 3,660 Gross Profit 258 247 263 Operating Profit 131 126 124 Profit for the

820 Total Liabilities 797 817 828 Shareholder’s Equity 445 451 481 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,727 3,660 920 Gross Profit 247 263 71 Operating Profit 126 124 40 Profit for the period

Liabilities 808 698 817 Total Liabilities 817 707 826 Shareholder’s Equity 451 478 478 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,660 3,610 1,707 Gross Profit 263 274 136 Operating Profit 124 154 74 Profit

from operating activities for 2018 are Baht 608 million, decreased by Baht 593 million. It is due to the increased working capital i.e. trade and other receivables, unbilled receivables, trade and other

Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China

-1- AIT (AVP-SEC) 023E/2017 10 August, 2017 Subject: Management's Discussion and Analysis of Operating Results for Q2-2017 To: The President of The Stock Exchange of Thailand Summary of Operations Q2