administration expenses of the third quarter 2017 and the third quarter of 2016 are as follows: Increase / Decrease Q3/2017 % Q3/2016 % MB. % Sales income 9,190 100.0 6,268 100.0 2,922 46.6 Selling expenses 266

79.11 58.49 77.79 (30.91) (34.57) Gross profit 23.61 20.89 16.70 22.21 (6.91) (29.27) Other income 0.85 0.75 0.73 0.97 (0.12) (14.12) Gain on exchange rate 0.11 0.10 0.08 0.11 (0.03) (27.27) Profit before

(Expenses) Rev (7.61) (39.81) 32.19 -80.87% (27.20) (175.13) 147.93 -84.47% Currency differences on translation (2.16) (0.58) (1.58) 270.94% (29.36) (175.72) 146.36 -83.29% (26.55) (172.13) 145.58 -84.57

increased marketing expenses for example increased spending on food delivery services fees such as Food Panda. Administrative Expenses Administration costs were THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017

gain on sales fixed asset Baht 1.46 million. 4) Selling expenses decreasing from last year amounting of Baht 9.74 million or 12.02% due to local transportation charge decreased Baht 9.53 million. 5) The

ABICO 011/KV/2017 August 10, 2017 Subject : Explanation on operation result for the Quarter ended June 30, 2017. To : Director and Manager Stock Exchange of Thailand Abico Holdings Public Company

ABICO 01 /KV/2017 November 9, 2017 Subject : Explanation on operation result for the Quarter ended September 30, 2017. To : Director and Manager Stock Exchange of Thailand Abico Holdings Public

ABICO 012/KV/2017 November 10, 2017 Subject : Explanation on operation result for the Quarter ended September 30, 2017,(Edit) To : Director and Manager Stock Exchange of Thailand Abico Holdings

partly compensated by a gain on sales of investment amounting to Baht 116 million in 2017. Total expenses decreased by Baht 44 million as compared to last year mainly due to the following: • Cost of hotel

been reviewed by Certified Auditor and has been approved by the Board of Director. Board of Directors’ meeting No. 2/2020 held on February 27, 2020 has resolved to appoint Mr. Pornchai Kittipanya-Ngam