-36.3% Share of income from investment in associate 0.40 0.40 0.00 0.0% 0.66 0.80 -0.14 -17.5% Corporate Income tax expenses -17.77 -12.02 -5.75 47.8% -32.60 -23.75 -8.85 37.3% Net profit for the period

% Corporate Income tax expenses -8.35 -12.72 4.37 -34.4% -14.93 -26.83 11.90 -44.4% Net profit for the period 34.84 51.77 -16.93 -32.7% 62.56 108.67 -46.11 -42.4% Profit Sharing for non- controlling interest of

decrease of shareholding proportion in EP will dilute the Company’s realized profit in EP. 3. Loan Outstanding As of 30 September 2017, there is a short-term loan outstanding from the Company to EP amounting

0.65 0.58 0.07 12.1% 1.47 1.24 0.23 18.5% Corporate Income tax expenses -11.67 -17.27 5.60 -32.4% -38.51 -49.88 11.37 -22.8% Net profit for the period 48.27 69.34 -21.07 -30.4% 156.94 200.55 -43.61 -21.7

the operating results for year 2019. 2. Resolved to propose to 2020 Annual General Shareholder Meeting to consider and approve the omission of appropriation of earnings for legal reserve and the

in associate 0.40 0.40 0.00 0.0% 0.82 0.66 0.16 24.2% Corporate Income tax expenses -12.72 -17.77 5.05 -28.4% -26.83 -32.60 5.77 -17.7% Net profit for the period 51.77 71.90 -20.13 -28.0% 108.67 131.22

% Total other income 205 99 106.5% 424 245 73.0% Gross profit 1,983 2,221 -10.7% 4,350 4,435 -1.9% SG&A 1,340 1,459 -8.2% 2,878 2,781 3.4% Selling and distribution expenses 930 989 -6.0% 1,980 1,873 5.7

% 563.7 5.0% -59.4 -9.5% Underwriting expenses 110.0 0.9% 233.6 2.1% 123.6 112.4% Gross Profit 2,885.0 23.0% 3,242.3 28.6% 357.3 12.4% Sales promotion income 217.8 1.7% 331.7 2.9% 113.9 52.3% Management fee

net sales ratio (%) = (Selling and distribution expenses + Administrative expenses) / Total revenues from sales EBIT margin (%) = (Profit before income tax expense + Finance Cost) / Total revenues

THAILAND. Tel: 02-0195000 Performance Revenues Revenues 2nd Quarter % Change 2019 2020 THB Mn % (1) THB Mn % (1) Revenue from Sales of Food & Beverages 739.4 96.6% 314.0 92.8% -57.5% Franchise Fee Income