Management Discussion and Analysis Fiscal year ended February 28, 2021 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the audited financial statements for

receivables which shared 89% of total assets. - Accounts Receivable The Company has gross accounts receivable of 95,106 million baht as of November 30, 2022, increased by 4% from as of February 28, 2022. The

MDA_EN_2Q20 Management Discussion and Analysis for the 2 nd Quarter 2020 Ended August 31, 2020 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the

assets. - Accounts Receivable The Company has accounts receivable of 87,077 million baht as of August 31, 2021, decreased by 0.4% from as of February 28, 2021. The decrease was attributed mainly from the

sales in domestic increase by 5% y-y. The main assets were attributed to the portfolio of net account receivables which shared 88% of total assets. - Accounts Receivable The Company has accounts

domestic increase by 41% y-y. The main assets were attributed to the portfolio of net account receivables which shared 88% of total assets. - Accounts Receivable The Company has accounts receivable of 92,728

Management Discussion and Analysis For the 1st Quarter 2023 ended May 31, 2023 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed the

: Million Baht Assets As of the 31st of March 2019, the Company and its subsidiaries has Total Assets in the amount of THB 122,016 million, an increase of THB 4,6 4 8 million when compared to the 31st of

discloses the detailed information on the disposal of assets, as follows: 1. Date of the transactions: Board of Directors’ Meeting No. 14/2017 of E for L Aim Public Company Limited convened on 15 August 2017

Revenues pursuant to the Financial Statements 4.8 4.8 - 0.0 Statements of Financial Position and Statements of Cash Flows At the end of 2017, the Company and its subsidiaries have the total assets in the