Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries (the “Group”) for the 3

"). The transaction size is equal to 1.31 percent of Net Tangible Asset (NTA) of the Company according to the consolidated financial statements of the Company for the 6-month period ending 30 June 2018

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company

, a 89.8% decrease from 1Q2019. (Unit : Million Baht) Consolidated Financial Statements 1Q'20 1Q'19 % Change Total Revenue 430.3 459.4 -6.3% Gross Profit 136.5 183.4 -25.6% Normalized Share of Profit

on which financial reporting standards such accounting policy complies with.. Clause 14 Line item in the quarterly financial statements of mutual funds and Trusts shall be the same as line item in the

. Outdoor media’s strength is as a medium that reaches consumers when they are on-the-go to create brand awareness with extensive reach. Over the last few years, the outdoor media segment has consolidated

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Q1’20 Consolidated Financial Results 12 May 2020 Q1’20 Management Discussion & Analysis Page 1/6 Financial Highlights

of the prior year. Income tax expenses In 2018, the Group has the income tax expenses of Baht 134 million, which is increased by Baht 73 million or 120% compared to those of prior year. It is in line

decrease of Baht 26 million or a decrease of 20% from that of the previous year. It was in line with the lower short-term loans and long-term loans. Income tax expenses Income tax expenses for 2019 amounted

for the Period Ended December 31, 2017 Business Overview For the year 2017, Ocean Glass Public Company Limited and its subsidiaries (“the Company”) reported consolidated sales revenue of Baht 2,166.69