Bangkok, September 27, 2012 ? The Thai capital market holds the third place, following Singapore and Hong Kong, in CG Watch 2012 ? a survey on corporate governance of Asian capital markets conducted

ประชาชนจีนและไทย (Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's Republic of China and Thailand (HK-TH MRF)) “กองทุนรวม” หมายความว่า

continues to seek for new growth opportunities in foreign markets. As a result, the Company plans to open the 2nd branch of After You dessert café in Hong Kong within 2H/2022. In addition, the Company has

dessert store in the region. In 2023, the Company plans to open the 2nd After You dessert shop in Hong Kong. 0.8% 0.9% 1.5% 1.5% 5.8% 10.0% 14.1% 17.8% 20.7% Jan Feb Mar Apr May Jun Jul Aug Sep Proportion

first half of 2019, and later in the second half of the year, 2-4 additional branches in Thailand and 1 franchisee branch in Hong Kong are expected to be opened. More Pop-Up Stores have been launched to

and desserts across 10 company-owned outlets under “Mikka” brand • Sale of raw materials to Mikka Café franchisees in Thailand and After You Dessert Café in Hong Kong. • OEM/Food Manufacturing under the

After You branch in Hong Kong. Currently, the first branch is temporarily closed from August onwards in order to move to the new location. In addition, the Company continues to seek for growth

% K 47% .'(CL'O#"$ 'Q %',b".'* 10 0 250 500 750 1,000 1,250 1,500 1,750 2,000 b ill io n U S $ Hong Kong 861 1,055 1,715 1,918 China 314 286 918 1,792 Seoul 399 718 834 1,001 Taipei 443 476 595 610

, respectively, due to increased revenue from the sales strategy adjustment of the WICE company Logistics (Hong Kong) Limited. Increased revenue from air cargo management, which is considered the main revenue of

order to reach potential customers. Q4/2019 Outlook 3 Previously, the first franchisee store of After You in Hong Kong is set to start operation before Christmas in Q4/2019. However, due to the on-going