closing at its premise in advance within reasonable time. In case of closing of full-service branch office or online branch office, the derivatives broker shall ensure that customer can use the service of

any other benefits are appropriate and fair, following the Office’s guideline which will be notified in advance. Clause 7. In case the advertisement contains a statement that is partially copied or

guideline which will be notified in advance. Clause 7. In case the advertisement contains a statement that is partially copied or referred from another statement, article or speech made by any persons or past

advance received from customers. Management Discussion & Analysis ( - translation - ) For operating result of 4Q/18, ended 31 December 2018 Raimon Land Public Company Limited | 27 February 2019 5 / 5

loan increased by Baht 25 million. c. The Company’s account payable increased by Baht 79.75 million and advance received decreased by Baht 10.90 million. 2. Non-current liabilities increased by Baht

advance or installment loans (AEON Happy Pay). Thus, the Company provides more channels to facilitate financial services to customers and reduce Company’s operation cost. Moreover, loan income from AEON

equipment, goodwill, non-tangible assets, lease hold, deferred tax assets, withholding tax and other non-current assets. Note 3 Comprising income from rental fee received in advance, estimation of staff

non-current assets. Note 3 Comprising income from rental fee received in advance, estimation of staff benefits, deposit of rental and service fee and other non - current liabilities. 6 Table 4

Baht because of the following; - Contract liabilities (Advances received from construction contracts and construction income received in advance) increased 2.79 Million Baht since payment received during

liability increased by THB 212 million or 10%, on account of: 1. Trade accounts payable increased by THB 129 million. 2. Advance received from customer increased by THB 75 million. 3. Short term and long-term