Microsoft Word - Clarification of Change more than 20%_NMG YE 2017.docx Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation Multimedia Group Public

Baht) 1st Quarter Change Amount % Cost of goods sold -244,141 -231,102 -13,039 5.64% Selling expenses -54,924 -31,374 -23,550 75.06% Administrative expenses -19,711 -21,577 1,866 -8.65% Finance Costs

for a reason of increasing in gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) 1st Quarter Change 2019 2018 Amount % Cost of goods sold -453,166 -244,141

(Thousands Baht) 1st Quarter Change 2020 2019 Amount % Cost of goods sold -485,054 -453,166 -31,888 7.04% Selling expenses -65,815 -84,692 18,877 -22.29% Administrative expenses -38,243 -14,091 -24,152 171.40

volume and higher sale volume in CNF incoterm. . Cost of goods sold and expenses (Thousands Baht) Year Change 4th Quarter Change Amount % Amount % Cost of goods sold (1,060,184) (935,107) (125,077

the 2nd Quarter 3 months Change 2017 2016 Amount % Cost of goods sold 216.62 216.86 -0.24 -0.11 Cost of sales 36.58 38.77 -2.19 -5.64 Administrative expenses 41.83 35.08 6.75 19.25 Financial costs 16.75

follow; Financial Overview Items Q1.2018 Q4.2017 + / (-) % Q1.2017 + / (-) % Sales 1,146.9 970.9 18.1 986.9 16.2 Cost of Goods Sold 894.7 778.8 14.9 799.5 11.9 Selling and Administration Expenses 49.8 43.5

the short term investment fund. 2. Cost of goods sold and expenses : Consolidated Unit: Million Baht Information of the 3rd Quarter 3 months Change 2017 2016 Amount % Cost of goods sold 239.22 217.53

Quarter 3 months Change 2018 2017 Amount % Cost of goods sold 210.47 216.62 (6.17) (2.84) Cost of sales 41.00 36.58 4.42 12.07 Administrative expenses 44.11 41.83 2.28 5.45 Financial costs 25.27 16.75 8.52

fully calculated in that quarter. (Unit : Million Baht) 2018 2017 Change Revenue from sale of goods 18.67 - 18.67 Cost of goods sold 15.94 - 15.94 Gross profit 2.73 - 2.73 Gross profit margin 14.64% 14.64