MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 13 MAY 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 1Q 2019 • Consolidated revenue increased by 149.3% to THB 689mn

77/1 SOI RUAM SIRI MIT,CHOM PHON, CHATUCHAK, BANGKOK 10900 Tel. 02 093 1681- 3 Fax. 02 093 1684 Website: www.eicasia.net Page 1 of 4 (Translation) Ref: EIC-AD003/2020 2 March 2020 Subject: Management

(Translation) Ref: EIC-AD012/2020 14 May 2020 Subject: Management Discussion and Analysis for the Performance for the three-month period ended 31 March 2020 To: President The Stock Exchange of Thailand The Board

: EIC-AD033/2019 13 August 2019 Subject: Management Discussion and Analysis for the Performance for Six-Month Period ended 30 June 2019 To: President The Stock Exchange of Thailand The Board of Directors

: EIC-AD033/2019 13 August 2019 Subject: Management Discussion and Analysis for the Performance for Six-Month Period ended 30 June 2019 (Added Information) To: President The Stock Exchange of Thailand The

long Libra will stay is not certain but social media and cryptocurrency are expected to stay long.The overall picture of Libra: On 18 June 2018, Facebook and its founding members – the world’s 28

(“NBC”) in the total value of 70.00 million Baht having details as follows: 1) the Company to sell the “Komchadluek” trademark to NBC; and 2) the Company to procure Komchadluek Media Co., Ltd. (“KMM”), a

providing investment consultation services in Hong Kong. Mr. V-Nee Yeh is experienced in management and administration. He held a director position in Next Media Limited ( currently Next Digital Limited) , a

and Order No. 74/2557 (2014) Re: Electronic Conferencing which specifies that meetings may be held via electronic media which shall have the same effect as the meetings proceeded according to the

on draft amendment to approval for paperless filing of mutual funds The SEC is proposing to amend the regulation on filing the application for establishment and management of mutual funds by allowing