Management Discussion and Analysis for the 3rd Quarter 2020 Ended November 30, 2020 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed

management business should be considered together with the Cash collection, which is a key performance indicator. Please see further details in the section “4.3 Cash Collection Received from Our NPL and NPA

lease income 10 (91) 101 100% - EGCO Plus : The operating result was increased by 101 million Baht mainly due to an increase in interest income, caused by cash received from disposal of share in MPPCL

to the value of consideration basis, the calculation is based on the Company's reviewed consolidated financial statements for the 6-month period as of June 30, 2019, which is considered as a Class 12

subsidiaries received decresed orders from customers. Other revenue increase 5.18 million Baht or 77.78% compared to the same period of last year due to the revenue of other services increase. The main cost of

trademark “Wuttisak Clinic”. 3. Analysis of Operating Results Profit & Loss Statements (MB) Consolidated Financial Statements 2017 2016 +/(-) % Revenues from sales and services . . . . % Gross profit from

will be able to recognize income/gain on disposed investment in total received amount. Loss on impairment of assets The consolidated performance in the year 2019, the group of the companies has

” or “we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the three months ended March 31, 2020 as

Assets B.E. 2547 (“Notification of the Acquisition or Disposition”). The highest transaction size is 48.48 percent according to the consolidated financial statements for the period ended September 30, 2018

calculation is based on the Company’s reviewed interim consolidated financial statements for the period of 6 months ended as of 30 June 2018. When combining with three transactions of disposal of asset during