). The dividend was paid to shareholders on 10 October 2018. 5 MD&A 3Q 2018 (ended 30 September 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2018 6 NOV 2018 3Q 2018 CONSOLIDATED P&L SNAPSHOT

and Administrative Expenses For the 6-month Period 5 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2-2020 FINANCIAL POSITION Assets As of June 30, 2020, total assets on consolidated basis amounted to THB

Financial Reporting Standard No. 16 : Lease (TFRS 16), effective 1 January 2020, has impacted the Company and its subsidiaries’ financial statement in recognizing a right-of-use asset and a lease liability in

the Period Ended December 31, 2018 Business Overview In 2018, Ocean Glass Public Company Limited and its subsidiaries (“the Company”) reported consolidated revenues of Baht 2,031.10 million, decreased

MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty.  Consolidated revenue decreased by 25.9% YoY to THB 512mn o

to 1) consolidated operating loss of Baht 273 million during the year; 2) the recorded transaction of treasury shares from shareholders’ equity for financial management of 4 million shares during Q1

689 153 108 428 Operating Revenue Billboard and Other Street Furniture and Digital System Integration 1Q 2018 1Q 2019 1Q 2019 CONSOLIDATED P&L SNAPSHOT * IFRS 15 is effective for financial statement

fully shift to the ERP system in Q4/2017. 2. Operating Results (Company and Subsidiaries) Consolidated revenue for Q2/2017 of 96.0 million baht compared with Q2/2016 of 107.2 million baht, decreased 11.2

system is almost complete. Some small changes have to be made and the company has set to fully shift to ERP system at the beginning of 2018. 2. Operating Results (Company and Subsidiaries) Consolidated

that, according to the Financial Statements for the 3 months Q3/2017 period, as ended on September 30, 2017, the Company and Subsidiary Companies achieved Total Net Profit of Baht 368.5 million, an