with the business model and management of the company’s assets and liabilities, based on the facts and situation as of the date these financial reporting standards were initially adopted. 1

Instruments The Company reclassified of financial assets and financial liabilities to be consistent with the business model and management of the company’s assets and liabilities, based on the facts and

and other operating income, mainly from the recognition of profit sharing from the management of impaired assets by Thai Asset Management Corporation (TAMC) in the previous year, while this year gains

million from the first half of 2018, due to lower gains on investments and other operating income, mainly from the recognition of profit sharing from the management of impaired assets by Thai Asset

impaired assets by Thai Asset Management Corporation (TAMC). Operating Expenses Million Baht Item Quarter Change (%) H1 Change 2/2018 1/2018 2/2017 1/2018 2/2017 2018 2017 (%) Personnel expenses 6,463 6,670

million, due mainly to the recognition of profit sharing from the management of impaired assets by Thai Asset Management Corporation (TAMC). V2 13/11/61 17:55 น. 7 Operating Expenses Million Baht Item

main strategies are namely, invasion of the housing market, expansion of service income, financial liquidity management and adding value to existing assets. As for the performance in Q1/2021, the net

Profit Q1/2020 vs Q1/2019YoY Q1/2020 vs Q1/2019YoY Q1/2020 vs Q1/2019YoY Management Discussion & Analysis Q1/2020 Total Assets Total Liabilities and Equities (THB million) Total Assets As of 31 Mar 2020

% 0% % 4% 9% 9% 9% 6% 4% 4% 6% 0%    To Sh Management Jaymart Public otal Liabilities hareholder's Assets As of the million bah in invento subsidiary Liabilities As of the million bah subsidiarie longer

MEDIA PUBLIC COMPANY LIMITED Management Discussion and Analysis of the Company’s Performance for the three-month period ended March 31, 2020 Baht Million 31 Dec 2019 31 Mar 2020 +/(-) +/(-)% Assets Cash