loss of THB 255mn in 2Q 2018), largely as a result of the above reasons together with share of profit from investment in joint ventures • Total assets as of 30 June 2019 stood at THB 54,188mn, increasing

- Translation - No. LMJG/SET/2020/013 May 18th, 2020 Subject: Clarification for the change of Operating Results more than 20% Attention: The President The Stock Exchange of Thailand Impact from the

, which resulted in the gross profit margin decreasing to 30% from 35% the previous year. The higher cost of goods was directly due to the impact of an increase in global raw material prices, mainly copper

% in comparison with the same period at the previous year due to the impact of the Coronavirus 2019 (“COVID-19”) outbreak. The beauty clinic business has been closed all branches to comply with the

%) Administrative expenses 29 28 1 1% Profit for the year (11) 2 (13) (650%) Profit (loss) attributable to Equity holders of the Company (11) 3 (14) (467%) Earnings per share (THB/share) (0.02) 0.01 (0.03) (300%) 2

% EBIT (27.73) (3.27) (24.46) 748.01% Net Profit (Loss) (21.72) (0.34) (21.38) 6288.24% Basic Earnings (Loss) per Share (0.110) (0.002) (0.108) 6288.24% Performance Report The epidemic of COVID-19 affects

not always tally with consolidated financials due to holding segment 3Excludes price adjustment for captive sales on freight saving. This does not have any impact on regional or consolidated EBITDA

make exports challenging competitively. Pricing in Q4 continued to trend upwards and we ended the year at levels up 3% from the same quarter last year. While the increased competition will impact current

% Adjusted EBITDA(1) 217 444 -51% 310 -30% Adjusted EBITDA Margin (%) 7.7% 9.6% -1.9% 8.5% -0.8% Net Profit 22 64 -66% 171 -87% Extra item - - n.a. 272(2) n.a. Net Profit 22 64 -66% 443 -95% EPS (Baht/share

The second quarter of 2017/18 (ended 30 September 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017/18 30 OCT 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Thailand's