disposition/ net profit of the listed company N/A 3 Consideration paid basis Proportionally of paid amount or acquired amount/ total assets of the listed company 14,000*100/605,613 2.31 percent 4 Issuance of

Methodology 1. Net Tangible Asset (“NTA”) = Book Value of NTA of MK in proportion of the acquired assets1/ NTA of the Company according to the consolidated financial statements2 = 8.37% x Baht 6,464.63 million

aforementioned transaction which is equal to 1.01 percent of Net Tangible Asset (NTA) of the Company, the total size of the transaction of Marketing Support Service Agreement is equal to 2.32 percent which is

Total revenues * 3,695.63 4,387.88 (692.25) (15.8) 8,202.41 8,402.21 (199.80) (2.4) Total cost and expenses * 3,163.18 2,211.89 951.29 43.0 5,686.11 4,522.99 1,163.12 25.7 EBITDA 1,926.64 3,043.75

9.87 85.21 61.79 59.97 -51.99 Total income 1,259.94 474.29 165.65 666.81 412.40 61.69 Cost of real estate sales 951.96 349.91 172.06 450.37 263.35 71.02 Cost of real rental andservice 32.39 38.13 -15.05

income 18.28 9.87 85.21 61.79 59.97 -51.99 Total income 1,259.94 474.29 165.65 666.81 412.40 61.69 Cost of real estate sales 951.96 349.91 172.06 450.37 263.35 71.02 Cost of real rental andservice 32.39

square wah) Outstanding assets obligation : - None - Total assets value : Total amount of Baht 924,900,000.- The value of land is the net value of assets pursuant to the value of consideration that the

20230 Thailand Tel. 66-38 480-020-1 FAX. 66-38 480-080 Shareholder of Advantage Footwear Company Limited (Total 3,670,000 shares) Company Shares % Company Shares % 1. Pan Asia Footwear Plc. 2,903,792

, ended 31 March 2018 The operating results of the Company and its subsidiaries for the first quarter of 2018, ended 31 March 2018, was described in the financial statement showing net loss at the amount of

ended 30 June 2018, which net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 30 June 2018 30 June 2017 Increased (Decreased