specified in The Notification of The Capital Market Supervisory Board No. Tor Chor. 21/2551, regarding rules on connected transactions provided as transactions relating to assets and services having

, increased by 66% as compared to the same period of last year of 201 million Baht as a result of impairment of fixed asset of 113 million Baht, provision regarding closure of one store in the United States and

million Baht, decreasing by 31% as compared to the same period last year of 260 million Baht. The decrease in the finance costs was from a result of loan repayment regarding the capital increase in Q1 2018

over the shareholder’s health and safety, therefore, conducted the meeting under the precautionary measures regarding the spread of COVID-19. 1.4 The Legal execution Department resumed its public auction

from the backlog had been recognized in Q4/2020. Moreover, the sales campaigns at the beginning of the year are not well-received as usual as a consequence of the COVID-19 pandemic. Regarding the income

="text-align: center;">(translation) STANDARD TERM Disclaimer regarding the

Attention: President The Stock Exchange of Thailand Regarding to JAS Asset Public Company Limited (“the Company”) Board of Meeting No.2/2018 on 10 May 2018, the resolution to certify the Company’s financial

. Financial Cost In quarter 1/2018, financial costs of existing businesses decreased Baht (4.02) million, or decreased 45.06% comparing to the same period of the prior year. Regarding the repayment of short

. Until date, the Company has agreed with the customer to end this project, and it is in negotiation with the customer regarding amount to be settled, which is still highly uncertain at this stage. At 31

/5 - Translation - Ref. J62/003 25 February 2019 Subject: Management Discussion and Analysis for Yearly Ending 2018 To: President The Stock Exchange of Thailand Regarding to JAS Asset Public Company