penetrate second-tier cities nationwide. Launched the first WINNER store 3 Q3/2019 Significant Events Continuous expansion of ‘Younique Customized Furniture 4.0’ After receiving excessive positive feedback

premises and equipment expenses that provide for business expansion. Table: Other Operating Expenses (Unit: Million Baht) Items Quarter Variance Quarter Variance For nine-month periods Variance 3/2017 2/2017

2.1% when compared to the third quarter of 2016, almost of the increase of employees’ expenses and premises and equipment expenses that provide for business expansion. The ratio of operating expenses to

were continued expansion of the outlets network for the existing brands together with the reopening those outlets closed for renovation last year, sales of premium and CRG Gifts products, and the

purpose of use of proceeds 5. Expansion of production capacity for dietary supplement products, introduction of new product packages, and warehouse building (existing business as disclosed in the

financial institutions 50 50 50 - 2018 4. Working capital for business operations 637.24 637.24 368.34 - 2018-2020 Newly – approved of purpose of use of proceeds 5. Expansion of production capacity for

into this transaction is consistent with the strategic plan in the business operation of the Company, which emphasizes on investment expansion in line with the strategy aiming at growth alongside the PTT

access varieties of funding by themselves for future business expansion. Hence, Spin-off Plan and offer UAPC shares to public together with IPO are regarded as a disposal of assets of listed company

in late 2017, the Company continued to expand Younique in Index Living Mall store with 5 new openings in 2019, totaling 12 Younique stores at the end of 2019. Continuous expansion of ‘Younique

utility cost decreased 1.7% YoY, thanks to CPN’s continuous effort to conserve energy and utilities in operations. • Higher maintenance, repair and personnel expenses to support the expansion of new