quarter of the year 2018 was at 49.7%. Selling and administrative expenses Selling and administrative expenses of the first quarter of the year 2019 of Baht 141.86 million decreased from the first quarter

a resolution of the connected transaction as follows: 1. Date of agreement: 1.1 Selling shares of AEON Credit Service Systems (Philippines) Company Date of agreement AEON Credit Service Systems

sales was better from the same period of last year due to higher sales growth resulting in lower waste and ability to control key raw materials’ price. Selling Expenses Selling expenses of Q3’2018-2019

-up kiosks in accordance with the growth of top-up kiosks. Expenses and expenses to revenues from main business Q1’ 2018 Q1’ 2017 Increase (decrease) Million Baht % Million Baht % Million Baht % Selling

selling price by Baht 9.66 million. Page 2 of 5 (3) Gross profit The Company and its subsidiaries’ gross loss was of Baht 5.25 million, decreased by Baht 37.51 million or more than 100% from the period of

% 2,154.48 1,179.06 975.42 82.73% Gross Profit 90.25 78.57 11.69 14.87% 301.43 280.81 20.62 7.34% Other Income 31.68 6.65 25.02 376.07% 93.26 20.30 72.96 359.42% Selling & Administrative Expenses 58.92 50.89

257.35 353.79 (96.44) -27.26% Cost of goods sold and cost of services 217.76 434.06 (216.31) -49.83% 39.59 (80.28) 119.87 -149.32% Selling and Administrative Expenses 40.15 36.61 3.53 9.65% (0.56) (116.89

control over waste management at the restaurants which lower the impact from sales shortfall partially. Selling Expenses Selling expenses for Q3/2019-2020 was Baht 209 million, decreased considerable by

% Total revenues 1,139,729 100.00% 760,434 100.00% 379,295 49.88% Cost of sales (748,650) 65.69% (434,886) 57.19% (313,764) 72.15% Cost of services (87,901) 7.71% (61,422) 8.08% (26,479) 43.11% Selling

1,465.28 -20.76% (212.59) (127.81) 46.99 -180.42% Selling and Administrative Expenses 88.19 102.45 102.45 -13.93% (300.77) (230.27) (55.46) 127.12% Non-operating income/expense 303.87 249.95 243.49 22.14