Assets 512.37 564.75 -52.38 -9.27 Current Liabilities 171.36 202.31 -30.95 -15.30 Non-Current Liabilities 148.80 156.49 -7.69 -4.91 Total Liabitities 320.16 358.80 -38.64 -10.77 Total Shareholders ' Equity

Stock Exchange of Thailand (SET) and circulate the information to shareholders within 21 days from the date of disclosure, the details of which are as follows: 1. Transaction Date The Company and the

Company repaid short-term borrowing from financial institutions amounting to THB 280.05 million. Shareholders’ Equity Total shareholders’ equities as at 31st December 2017 and 31st March 2018 were THB

loans from financial institutions and trade and other payables which was in accordance with the Company sales performance. Shareholders’ Equity As at March 31, 2017 and 2018, we had shareholders’ equity

had trade and other payables of THB 45.64 million and THB 59.38 million respectively. The plunge of THB 13.74 million was brought by repayment to suppliers and payment of accrued bonus. Shareholders

shareholders at the ratio of 4 existing ordinary shares for 3 newly-issued ordinary shares at Baht 10 per share. The subscription and payment period for the newly-issued ordinary shares is 31 July 2018 – 20

AEONTS and its subsidiaries companies: Company Business Relationship with AEONTS AEON Financial Service Co., Ltd. (“AFS”) Finance -Major shareholder of AEONTS, holding 35.12% of AEONTS’ s shares AEON

25.10% to 49.99% of all registered and paid-up shares of SGAH. List of shareholders (SGAH) Pre-Subscription New share subscription Post-Subscription Number of shares % Holding Number of shares % Holding

Differentiate MB THB % Total Assets 22,925.4 + 26,745.9 3,820.5 16.7 Total Liabilities 16,512.9 18,326.2 1,813.3 11.0 Total Shareholders’ Equity 6,412.5 8,419.6 2,007.1 31.3 As of September 30th, 2018. The Group

S&P MD&A Q3_2018-ENG -1- Ref. POL. 119/2018 November 09, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P