improvements from inflation benefiting from a recovery trend in the tourism sector, despite the arrivals remaining slower than expected. Mobile industry was affected by the softened local economic activities

% 129.06 75.52 53.54 70.90% Net loss before finance costs and corporate income tax (4.07) (5.85) 1.78 30.43% (25.61) (18.41) (7.20) (39.11%) Finance costs (3.17) (2.70) 0.47 17.40% (9.30) (4.40) 4.90 111.36

finance costs and corporate income tax (23.62) (7.17) 16.45 229.43% (21.54) (12.55) 8.99 71.63% Finance costs (3.85) (0.89) 2.96 332.58% (6.13) (1.71) 4.42 258.48% Corporate income tax 5.85 3.42 2.43 71.05

doubtful accounts for the remaining outstanding balance. Overdue - Within credit term amount 0.06 million Baht - Overdue 91-180 days amount 55.36 million Baht - Overdue 181-365 days amount 148.83 million

result of an increase in total outstanding, especially personal loan product. However, the Company has continued improving efficiency in debt collection and credit judgment. - Finance Cost In the first

2019, loans revenue was 3,020 million baht, an increase of 381 million baht or 14% y-y. This is because the Company integrated credit limit of personal loan and purpose loan to AEON Happy Pay program in

, 2018 totaled 8.84 million Baht which increased from the same quarter last year totaling 1.86 million Baht or 26.65 % due to long term loan repayments. Due to an increase in the company’s credit with

from sale of repossessed cars (credit cost) stood at 1.33% of average loan for the year 2019. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 10,589 million

including AEON Specialized bank (Cambodia) Private Company Limited (“ASB Cambodia”) should hold at least 10% of their loan portfolio in the national currency (Riel). - AEON Credit Service Systems (Philippines

: Depreciation & Amortization (496.7) (10.2%) (459.6) (9.7%) +37.1 +8.1% EBIT 502.7 10.4% 454.5 9.6% +48.2 +10.6% Less: Finance Costs (53.9) (1.1%) (71.5) (1.5%) -17.6 -24.6% Less: Corporate Income Tax (93.2) (1.9