Management Discussion and Analysis For the 1st Quarter 2021 ended May 31, 2021 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed the

7.01 40.54% Consolidated financial information The gross profit increased Baht 11.83 million or 20.58%; from Baht 57.49 million in quarter 1/2017 to Baht 69.31 million in quarter 1/2018, due to following

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

* Note Please find further information in the consolidated financial statements. 1 23 February, 2018 Subject: Management Discussion & Analysis (MD&A) for the year 2017 Attention: The President The

Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the year ended December 31, 2017. The details

Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the year ended December 31, 2018. The details

Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 1st quarter ended 31 March, 2019. The

of THB 28.6 million whereas the Company’s tax expense was THB 10.2 million. Therefore, the consolidated tax was net income for the amount of THB 18.46 million. Operation : Consolidated Profit & Loss

Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 1st quarter ended March 31, 2018. The details are as

Consolidated ∆% Separate ∆% Q1/2018 Q1/2017 Q1/2018 Q1/2017 Revenues from sales and services 529,514 669,009 -21% 320,648 445,078 -28% Interest income 121 363 -67% 121 8,930 -99% Gain on disposal of assets