25,000 /person/month (5) Meeting Allowance for Audit Committee** THB 15,000 /person/month THB 15,000 /person/month (6) Annual Bonus of the Board of Directors Total amount not exceeding 3% of net profit for

-Controlling interests at 30.89% (32,092) Total Net Asset obtained GLOW at 69.11% 56,911 Goodwill 36,090 Proportion of acquisition cost 69.11% 93,001 From the fair value measured in the table, the majority

declined from the end of last year, while the ratio of non-performing loan (NPL) to total loans increased from the end of 2019. The BOT’s Senior Loan Officer Survey indicated that in the first quarter of

loans contracted at 8.1% from the end of 2016. For asset quality, the amount of Non-Performing Loans (NPLs) showed considerable improvement with the Non-Performing Loans (NPLs) to total loans ratio at the

นั้น จึงไม่สามารถค านวณผลการด าเนินงานตามปีปฏิทนิได้  ดัชนี (Benchmark) ของกองทุนรวม : 1. ดัชนี MSCI World Core Infrastructure USD Net Total Return สัดส่วน 95% ปรับด้วยต้นทุนการป้องกัน ความเสี่ยงอัตรา

1 1. ANALYSIS OF FINANCIAL PERFORMANCE Income statement (MB) Q4/2016 Q4/2017 YoY % 2016 2017 YoY % Total Sales and Services revenue 1,043.98 1,039.90 (4.09) (0.39%) 4,376.96 4,308.04 (68.92) (1.57

Non-Café 7 6 (14%) 8 36 350% Revenue from Catering / Pop-Up 3 12 300% 10 23 130% Revenue from Franchising - 0* n/a - 0* n/a Total Operating Revenue 215 312 45% 620 911 47% Other Income 1 3 200% 7 7 0

Summary of operations and the factors that make a significant change Summary of Operations for the Year 2019 Topic Annual Balance Change 2019 2018 2019 VS 2018 (MB) (MB) % Total Revenue 7,076.7 4,237.6

Directors Total amount not exceeding 3% of net profit for the Year 2019 Total amount not exceeding 3% of the net profit for the Year 2018 or a total of THB 4.80 million ** In addition to the remuneration of

shares of Co-Mass Company Limited (“COMASS”) with total investment of THB 160mn, thereby increasing MACO’s stake in COMASS to 100.0%. As a result, MACO fully controls COMASS, allowing us to utilise