with PPA 57.3% 7.7% 1. Rental and Service Income  Rental and service income from warehouses, distribution centers and factories during the first quarter of 2019 was THB 275.9 mm, which increased by THB

for overseas business expansion. Additionally, the Company continued to be adversely affected by news related to manufacturers of substandard products and the closure of the biggest wholesale skincare

operating result of 1Q/2020, ended 31 March 2020 Raimon Land Plc. | 14 May 2020 4 / 6 Distribution Costs and Administrative Expenses (SG&A)  In Q1/2020, the Company’s distribution costs, and administrative

income from warehouses, distribution centers and factories during 3 months ended the third quarter of 2019 was THB 229.4 mm, which decreased by 25.6% mm. For the first 9 months of 2019 was THB 723.3.4 mm

through big wholesaler stores in most provinces and supporting smaller retailers through sales materials. Besides the distribution disruption, negative factors affecting tourism in Thailand still emerged

’ construction. For the Bang Pa-in - Pak Kret Expressway, toll revenue increased from the same quarter of the previous year by Baht 20 Million or 6.3 percent due to the expansion of suburban area which lead to the

Expressway, toll revenue increased from the same quarter of the previous year by Baht 15 Million or 4.4 percent due to the expansion of suburban area resulting to the traffic volume increased. (Translation

the Bang Pa-in - Pak Kret Expressway, toll revenue increased from the previous year by Baht 60 Million or 4.5 percent due to the expansion of suburban area resulting to the traffic volume increased

from the Office prior to such expansion or change. In the case where the management company has been permitted to establish a branch office which is not an online branch, the management company shall

is previously permitted by the Office, the management company shall make another request for permission from the Office prior to such expansion or change. In the case where the management company has