The Results of the Comsolidated Financial Statements Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company

amortization) were Baht 47.33 million or 70.39% increase year-over-year from Baht 27.78 million in 2Q18. The variance was mostly due to an increase in revenues, depreciation and employee management expenses

financial instruments 100.85 (33.27) 100.72 (33.40) Shares of gain from investments in an associate and a joint venture 1.23 2.54 0.00 0.00 Gain from change in a joint venture proportion 0.00 (8.80) 0.00 0.00

reasons for change of expenses as follows. 1. The Consolidated and the separate statements present the amount of employee benefits expenses of Baht 570.90 million and Baht 541.98 million. The expenses on

. The variance was mostly due to an increase in selling expenses resulted from an increase in number of patients and an increase in employee management expenses. Profit to equity holders of the company

to be recognized in 2018. (Unit : Million Baht) 2018 2017 Change % Change Operating revenue 406.54 351.36 55.18 15.70% Operating cost 337.23 293.88 Gross profit 69.31 57.49 11.83 20.58% Gross profit

June Administrative expenses Consolidated financial statements Change Increase/(Decrease) For Three Months Period Ended 30 June 2017 2018 THB mm % THB mm % THB mm % Administrative employee cost 25.14

Administrative expenses Consolidated financial statements Change Increase/(Decrease) For Three Months Period Ended 30 September 2017 2018 THB mm % THB mm % THB mm % Administrative employee cost 22.69 54.19 30.40

Q3–2020 Balance by Quarter Change Q3–20 Q2–20 Q3–19 Q3–20 VS Q2–20 Q3–20 VS Q3–19 (Million Baht: MB) (MB) % (MB) % Total Revenue 2,241.1 1,187.6 1,798.9 1,053.5 88.7 442.2 24.6 Total Operating Expenses

- 2019 Balance by Quarter Change Q1–20 Q4–19 Q1–19 Q1–20 VS Q4–19 Q1–20 VS Q1–19 (Million Baht: MB) (MB) % (MB) % Total Revenue 1,231.7 2,280.7 1,266.5 (1,049.0) (46.0%) (34.8) (2.7%) Total Operating