share of investment in JV and associates and non-recurring expenses. 2As shown in financial statement, excluding minority interest. 3Net profit excludes minority interest, is adjusted for amortisation of

expenses. 2As shown in financial statement, excluding minority interest. 3Net profit excludes minority interest, is adjusted for amortisation of PPA in MACO, gain of fair value measurement in MACO at

% 25.5% 24.3% Adjusted net profit margin 22.5% 27.1% 28.2% 1Adjusted for share of investment in JV and associates and non-recurring expenses. 2As shown in financial statement, excluding minority interest

% EBITDA margin 45.4% 47.1% 41.5% Net profit margin 20.6% 24.3% 21.5% 1As shown in financial statement, excluding minority interest. PERFORMANCE ANALYSIS (2Q 2018/19 vs 2Q 2017/18) VGI continued to

excl. TFRS 9 and 16 (871) -2.1% 4,817 9.2% (5,688) (118.1%) Normalized Profit excl. TFRS 9 and 16 (2,608) -6.3% 1,573 3.0% (4,181) (265.9%) (1) Percentage margin is calculated by dividing Gross profit

3.1% (789) -47.6% Profit (loss) for the period attributable to Owners 837 1.8% 1,385 2.6% (548) -39.5% Operating information EBITDA 6,145 12.9% 4,928 9.2% 1,217 24.7% Normalized EBITDA Excl. TFRS 9&16

reported its 2017 consolidated net profit at THB 13,568 mn, an increase of 46.8% from the same period in the previous year (YoY). Total revenues stood at THB 34,594 mn, an increase of 18.3% YoY. Excluding

measures during the quarter resulted in 34% cost saving YoY. For 1H20, DTC reported net loss of THB 535 million, compared to net loss of THB 22 million in 1H19. Excluding the non-recurring restructuring

to owners of the parent was less than the net profit as a result of excluding the net profit attributable to non-controlling interest. Assets As of 31 March 2020, the Company reported the total assets

Profit 64.90 48.40 34% Net Profit excl. non-recurring items 65.24 72.92 -11% % Net Profit excl.non-recurring items /Core Revenue 17% 17% -1% Non-Controlling Interests 0.07 0.11 -30% Net Profit Attributable