a fair price from the date of the change, the proportion of investment. By recognized profit on changes in the proportion of investment in the period of 9 months in year 2017 amount 6.84 million baht

329.68 5.28 Selling and distribution expenses 68.89 63.23 8.95 66.19 4.09 216.39 195.29 10.81 Administrative expenses 42.17 46.09 -8.50 58.55 -27.98 130.69 134.40 -2.76 Earnings before interest and taxes

from a significant rise of sales in the 2nd quarter of 2020. 2.2. Distribution costs for 3-month and 6-month period ended June 30, 2020 had no significant change due to the ongoing of COVID-19 pandemic

through big wholesaler stores in most provinces and supporting smaller retailers through sales materials. Besides the distribution disruption, negative factors affecting tourism in Thailand still emerged

will focus on distributing it products through big wholesaler stores in most provinces and supporting smaller retailers through sales materials. Besides the distribution disruption, negative factors

. Initially, the Company will focus on distributing it products through big wholesaler stores in most provinces and supporting smaller retailers through sales materials. Besides the distribution disruption

margin (%) 65.5% 62.6% (2.9%) EBITDA margin (%) 31.6% 26.4% (5.2%) Net profit margin (%) 20.9% 5.9% (15.0%) Number of branches as at Mar 31 36 39 8% Change +/(-)Q1/19 Q1/20 Operating highlight in Q1/2020

% 91.37 % - (2.71) 1.5 Selling and distribution expenses 42.49 MB 30.73 MB 11.76 MB 38.27 1.6 Administrative expenses 134.94 MB 146.06 MB (11.12) MB (7.61) 1.7 Finance cost 61.97 MB 50.94 MB 11.03 MB 21.65

1 -Translation- No.ECF2 004/2018 24 January 2018 Subject: Change in Shareholding Structure of the Planet Board Company Limited, a Subsidiary Company of the Company (additional) To: President The

from rental and rendering of services from new rental spaces and improved occupancy rates, and decreased selling and distribution expenses from improved cost management • Operating revenue increased by