“Company” or “we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the three months period ended March 31

1.29 8% Profit before income tax 38.10 27.85 Income tax expense 4.48 1.92 2.56 133% Profit for 6 months 33.62 25.93 7.69 30% 3.96% 3.67% Consolidated financial information 2 of 8 • Revenue increased by

Consolidated Financial Statement (Unit: Million Baht) Q2/2020 Q2/2019 YOY 6M/2020 6M/2019 YOY Million Baht % Million Baht % Sales and Services 274.42 595.43 -321.01 -53.91% 549.20 1,824.31 -1,275.11 -69.90

there are any newly issued shares remaining after the allocation of shares to the existing shareholders in proportion to their shareholdings in the first round, the Company will allocate such remaining

to AEON cardholders. Summary of Operation Results 1. Operating Results Revenues The Company reported 13,607 million baht of total consolidated revenues for the nine-month period of 2017, showing an

(“the Company”) has already submitted the consolidated reviewed the 1st quarter financial statements as of May 31, 2019 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The

(“the Company”) has already submitted the consolidated reviewed the 1st quarter financial statements as of May 31, 2018 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The

a consolidated net profit of THB 318 million and net loss of THB 1,048 million for the year 2017 and 2016, respectively. The Company (separate) reports a net loss of THB 1,006 million and THB 1,097

Discussion and Analysis (MD&A) for year 2017 (Revised) 11 Performance With reference to the aforementioned financial statements, the Company reports a consolidated net profit of THB 365 million and net loss of

* Note Please find further information in the consolidated financial statements. 1 21 February, 2019 Subject: Management Discussion & Analysis (MD&A) for the year 2018 Attention: The President The