MDA_EN_1Q24 Management Discussion and Analysis For 1st Quarter 2024 ended May 31, 2024 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated
consolidated financial statements of the Company as of 31 March 2017). Details of the calculation are summarized below. Evaluation Criteria 1. Comparison of Net Tangible Assets Net tangible assets of SGAH x
size of 233.7 percent of the Company’s net tangible assets (NTA), exceeding THB 20,000,000, and more than 3 percent of the Company’s NTA value according to the consolidated Audited Financial Statement of
value according to the consolidated Audited Financial Statement of the Company, as of December 31, 2017. As a result, the Company is required to comply with the Connected Transaction Notifications, by
20,000,000, and more than 3 percent of the Company’s NTA value according to the consolidated Audited Financial Statement of the Company, as of December 31, 2017. As a result, the Company is required to comply
significant items and financial ratios in the following table based on information shown in consolidated financial statements. In case the Company operates in an industry with specific ratio such as average
, boosting up margin of the Company Transaction Size The highest value of transaction is based on total value of consideration, equaling 5.67% with reference to the latest audited consolidated financial
, the total transaction value shall be equivalent to 39.91% calculated based on the Net Profit which is the basis that results in the highest transaction value, from the Consolidated Financial Statement
to the same period last year, this is caused by followings: Consolidated financial statements Revenues 1. Total sales of 180.93 Million Baht was 5.14 Million Baht or 2.76% decrease from the same period