campaigns. • Admin and others were Bt4,086mn increasing 25% YoY mainly from higher staff cost and one-time of reverse of handset provision in 1Q17. QoQ, admin and others increased 2.6% from higher staff cost

year. This is due to the lower sales than in the same quarter of the previous year, affected by the higher intensive competition in stainless steel pipes aluminum and copper in the market and resulting

million. Insurance compensation for the damages from typhoons in Japan of THB 104 million, and recorded profit from the provision of working capital settlement following the share disposal in Nido

brands and new products launches, together with the impact of additional provision for retirement benefits at the amount of THB 96.8 million recorded in Q2’19 to reflect severance payment of 400 days of

million which was due to net loss on foreign exchange, loss on disposal of assets, and one-time increase in provision for retirement benefits. Central Retail Corporation Public Company Limited Page 7

Highlights - FY19 Net profit* was at THB 3,259 million (+8.4% YoY), with net profit* margin of 12.7% (+30 bps YoY), where the improvement mainly came from growth in revenues of core businesses and favorable

there were provision for assets of subsidiaries set up in 2018 amounting to Baht 28.9 million and reversed loss of impairment of land amounting to Baht 16.2 million. No significant change in

investment in a subsidiary - - - 13,850 - 13,850 100.0 Total Expenses 285,341 281,147 4,194 1.5 241,254 217,614 23,640 10.9 Profit before finance cost and income tax expenses 115,353 119,930 (4,577) (3.8

580.1 562.9 3.1% Other Income4 145.7 162.7 -10.5% Administrative Expenses (197.5) (130.8) 51.0% Finance Costs (342.0) (366.6) -6.7% Share of Profit from Investments in Associates and Joint Ventures

1 Executive Summary AIS continued to build on leadership in mobile data through improved 4G quality and brand perception. In 1Q17, CAPEX of Bt11.5bn was spent to strengthen 4G network quality through