35.08 5.52 Net profit to total revenue (%) 7.17 3.14 127.90 -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd., Wangthonglang, Bangkok 10310, Thailand Tel. 02-934-7000 Fax

(%) 37.45 36.17 3.54 Net profit to total revenue (%) 10.18 8.14 25.12 -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd., Wangthonglang, Bangkok 10310, Thailand Tel. 02-934-7000

40.98 (4.59) Net profit to total revenue (%) 7.98 3.78 110.95 -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd., Wangthonglang, Bangkok 10310, Thailand Tel. 02-934-7000 Fax

profit margin (%) 42.51 37.31 13.94 Net profit to total revenue (%) 15.58 7.91 97.03 -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd., Wangthonglang, Bangkok 10310, Thailand

3,938.00 2,428.00 62.19 Gross profit margin (%) 39.25 37.02 6.03 Net profit to total revenue (%) 9.15 7.17 27.68 -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd

42.0% Revenue from service For the Q1 2020, The Humanica Group of Companies ( “ HUMAN” or the “ Company” ) delivered a revenue of 179.21mb (Q1 2019: 132.54mb) , an increase of 46.67mb or 35.2% . Revenue

) Gross profit margin (%) 37.86 37.68 0.47 Net profit to total revenue (%) 10.15 13.86 (26.75) -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd., Wangthonglang, Bangkok 10310

) Gross profit margin (%) 36.81 37.83 (2.71) Net profit to total revenue (%) 3.61 7.23 (50.03) -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39 Pracha-Uthit Rd., Wangthonglang, Bangkok 10310

(LOSS) FOR THE PERIOD 4,356.00 5,469.00 (20.35) Gross profit margin (%) 37.86 37.45 1.10 Net profit to total revenue (%) 9.92 10.18 (2.61) -2- Baan Rock Garden Public Company Limited 601 Ramkhamheang 39

OHTL Public Company Limited and its subsidiaries Management Discussion and Analysis for the year ended 31 December 2019 (Unit: Thousand Baht) 2019 2018 Increased (Decreased) Room revenue 385,447