employee retirement benefit of THB 8.85 million due to the change of defined benefits plan: increased from a maximum of 300 days of wages to 400 days under the new Labor Protection Act since April 2020

the year ended December 31, 2018 The company’s profit from continuing operations for the year ended December 31, 2018 was THB 11,105 million, or equivalent to a net profit margin of 5.4%, increased

finance statements) Item 2019 2018 Profit (Loss) for the year attributable to equity holders of the Company (from the consolidated financial statements) Baht (515.22) million Baht 418.04 million Profit

Home Regulator’s jurisdiction ( issued by Home Regulator ) [ ] 3. Evidence on the appointment of a brokerage firm to perform duty as local intermediary in Thailand ( issued by CIS Operator ) [ ] 4

under the law of Home Regulator’s jurisdiction (issued by Home Regulator) [ ] 3. Evidence on the appointment of a brokerage firm to perform duty as local intermediary in Thailand (issued by CIS Operator

case of a private placement), etc. - Specify other important details of the offer for sale of the securities, for example, the issuer (only in the case of the existing securities holders offering their

 revenue for the group increased 13% year‐on‐year in USD terms, from USD 135m in Q216 to USD 153m in Q217. The average exchange rate for Q217 was 3% stronger at THB/USD 34.3 from THB/USD 35.3 in Q216.  As a

163 million. The Company has gain on disposal of assets and revenue from franchise was THB 311 million arise from 55 branches of franchise and asset sale agreements. The franchise agreements are for a

as below details: From the Consolidated Financial Statement for the first quarter of 2020, for the three- month period ended March 31, 2020, the Company has operating profit of the equity holders of

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall