ENDED DECEMBER 31, 2019 1. Analysis of operation results for year 2019 in compar ison with those for year 2018 (from the consolidated financial statements) Items 2019 2018 Increased (Decreased) Amount

) Selling and Administrative Expenses 2018 5 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 FINANCIAL POSITION Assets As of December 31, 2019, total assets on consolidated basis amounted to THB 2,300.35 million

346.65 million as a result of payables repayment. Shareholders’ Equity As of December 31, 2019, total equity on consolidated basis dropped from THB 1,301.01 in 2018 to THB 822.38 million in 2019 mainly due

performance Statement of income Consolidated Financial Statements for Quarter 1 of 2020 Quarter 1 of 2019 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB Million % THB Million

performance Statement of income Consolidated Financial Statements for Quarter 2 of 2020 Quarter 2 of 2019 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB Million % THB Million

PERIOD OF ONE THREE MONTHS ENDED SEPTEMBER 30, 2019 1. Analysis of operation results for Third quarter of 2019 in comparison with those for the same quarter of 2018 (from the consolidated financial

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the year of 2018 ended on 31 December 2018 which were audited by the auditor. The Company

AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 181 91 90 190 102 88 199 108 91 Operating Revenue Billboard Street Furniture 2Q 2016 1Q 2017 2Q 2017 2Q 2017 CONSOLIDATED P&L SNAPSHOT

) 45.84 Income tax expense 3.27 2.41 0.86 36% Profit for 9 months (75.19) 43.43 (118.62) -273% Consolidated financial information (Unit : Million Baht) 2 / 7 Financial performance for the nine months at the

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the year of 2019 ended on 31 December 2019 which was audited by the auditor. The Company