of cost of Sales and Services of the Q4–2020 varied in line with the revenue. However, the decreased rate of the cost of Sales and Service was greater than the decreased rate of the revenue especially

service expenses which have been varied by the increase in fees and service income. Table: Operating Results (Unit: Million Baht) Items Quarter Variance 1/2020 1/2019 Amount (%YoY) Fees and service income

and long-term debt from financial statements as of 30 June 2020 which may be varied from the estimated amount stated in the Sale and Purchase Agreement. Nonetheless, it is expected that such adjustment

million, increased by 21.6% when compared to the first quarter of 2019. The increase was due to the increases in fees and service expenses which have been varied by the increase in fees and service income

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...