synthetic convertible loan for SGAH if the profit condition is met in the next 2 years. After the conversion, the Company's shareholding percentage in SGAH will be at 25.11%. Nevertheless, in order to satisfy

consideration used to void the synthetic convertible loan for SGAH if the profit condition is met in the next 2 years. After the conversion, the Company's shareholding percentage in SGAH will be at 25.11

MASTER AD PUBLIC COMPANY LIMITED 2 13 May 2019 2Q 2020/21 CONSOLIDATED P&L SNAPSHOT *Net profit (loss) attributable to equity owner of the Company Revenue by segments (THB mn) 2Q 2019/20 Restated 1Q 2020

some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to recognize

: Adjusting some advertising and promotion transactions to impact on total sales reduction and also selling expenses reduction. However, there is no impact on net profit. o CMG : TFRS 15 set a principle to

the period ended December 31, 2019. The Group's sales and net profit totaled Bt12,097.4 million and Bt934.5 million, respectively, compared to Bt13,982.5 million and Bt2,014.9 million in fiscal year

31 December 2019 to ending on 31 December 2021 must have a net profit (excluding special items) amounting not less than 100,000,000 per year (the “Second Share Purchase Condition”). The payment for and

negotiation between the Company and the Seller and took into account the fundamental intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has

per share. These private placements of newly issued shares would be significant transactions as they would affect the earnings ratio or the voting rights of shareholders (EPS/Control Dilution) at a

retail investors, compared to others, concentrated in the most active trading volume of securities with a high price to earnings (P/E) ratio as well as those put under cash balance rule. Most of those