EXECUTIVE SUMMARY EXECUTIVE SUMMARY 2 2018 2019 change Q4’18 Q3’19 Q4’19 change change Btmn Btmn y-on-y Btmn Btmn Btmn y-on-y q-on-q Sales and service income 36,585 44,132 20.6% 9,933 11,751 11,258 13.3% -4.2

Share Purchase Agreement (“SPA”) to sell 3,249,998 shares (40.51 percent of the total SBITO’s shares) was signed on July 31, 2017, in which 1,604,444 shares were sold in phase one at the price of 71.49

building renovation, new building construction, and additional equipment purchase. Total Current Liabilities were Baht 96.84 million as of 31 December 2018, an increase from Baht 70.83 million as of 31

&A) Consolidated Financial Results For The Year 2018 For the year ended December 31st, 2018 Consolidated Profit & Loss of NPPG (THAILAND) PCL., Unit : Million Thai Baht (THB) Y 2018 Y 2017 Change %YoY

with net loss of Baht 4.16 million on Baht 8.93 million revenues over the same period in 2018. The change in loss for the quarterly operating result ended on September 30, 2019 is due to lower revenues

Baht 418.42 million as of 31 December 2018 as a result of building renovation, new building construction, and additional equipment purchase. Total Current Liabilities were Baht 127.97 million as of 31

School Name: สารสาสน์วิเทศศึกษา (Translation) Re: BOD.SET 003/2562 February 26, 2019 Subject: Clarification on the Change in operating results for the twelve month ended December 31, 2018 over 20

(Translation) Re: BOD.SET 017/2018 August 10, 2018 Subject: Clarification on the Change in operating results for the three month period ended June 30, 2018 over 20% compared with the same period of

(Translation) Re: BOD.SET 020/2018 November 9, 2018 Subject: Clarification on the Change in operating results for the nine month ended September 30, 2018 over 20% compared with the same period of the

million Baht and 12.42 million Baht respectively, due to the lower sales from the high competition in foreign markets and decreasing purchase orders of our customers as the world and Thai economic