ANALYSIS (For the Consolidated Financial Statements of the Year Period Ending December 31, 2019) (1) Overall Operating Results For the year 2019, the total revenue from sales and services of the Company and

2018, Master & More Company Limited (“Master & More”), a wholly-owned subsidiary of MACO, has acquired all remaining shares of 20% in Open Play Company Limited (“Open Play”) with a total investment value

from the economic slowdown as a result from the COVID-19 pandemic, which started in early 2020. Advertising business revenue increased by 3.1% YoY, a contribution of 44.0% of total revenue or THB 270mn

c i a l H i g h l i g h t s 1 1EBITDA Margin and Net Profit Margin are calculated from Total Revenue Executive S u m m a r y : • The Company reported net profit in Q4/2023 and 2023 of THB 47 million

: Q 2 / 2 0 2 4 K e y F i n a nc i a l H i g h l i g h t s 1 1EBITDA Margin and Net Profit Margin are calculated from Total Revenue Executive S u m m a r y : • The Company’s EBITDA in Q2/2024 and 1H

international-level quality and services, the Company's foreign customers, on average, during the past five years, account for 40 - 45 percent of the entire project. These are customers from Asian countries and

1 Ref: AC.021/2018 14 August 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

1 Ref: AC.028/2018 13 November 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

% because the overall size of the projects delivered in the Q3-2022 are greater than those in Q3-2023 Total operating expenses in Q3- 2023 have changed in the same direction and at a similar rate with the

total cost increased 5.2% YoY. Total administrative expenses decreased 2.8% YoY. Gross profit ratio and operating profit ratio stood at 48% and 34.8%, respectively. Net profit decreased 8.7% YoY. Overall