28.91 19.72 31.27 (0.74) (3.61) Distribution costs 1.42 2.01 1.18 1.87 (0.24) (16.86) Administrative expenses 9.79 13.83 10.34 16.39 0.55 5.62 Profit before finance cost and taxes 9.25 13.07 8.20 13.00

Company consists of costs of services and rental from services and development of renewable energy projects businesses, and cost of sales from electricity generation and distribution business. For the 9

2.53 2.91 (0.38) 13.06% Distribution costs (0.97) (1.38) (0.41) (29.71%) 3 Administrative expenses (39.62) (40.36) (0.74) (1.83%) Profit before expenses 12.93 40.35 (27.43) (67.96%) Finance costs (5.63

% (2.21) -73.4% Distribution costs (52.77) -20.96% (102.28) -20.99% (49.51) -48.4% Administrative expenses (24.66) -9.79% (35.06) -7.20% (10.41) -29.7% Finance cost (2.48) -0.99% (0.01) 0.00% 2.48 34110.6

continued with marketing campaigns as well as promotional activities at distribution channels that helped sustain our leadership position in the RTD Tea market in Thailand. For international market, revenue

delivered income thus also resulting from company has concentrate on cost management  Cost of distribution as amount of 6.42 Million Bath as 3.66 Million Baht decreased or 36.29 percent when compared to same

effective management in logistic & distribution. Mil THB 56 55 1 6 43 40 Q3 18 Q3 19 101 +1.1% 16.2% 8.8% 6.5% 0.2% 9.3% 7.1% 100 16.6% 0.9% +389.3% -7.2% TBSP TKS Extra Exp TKS %SG&A to Sales Conso -1.3

329.68 5.28 Selling and distribution expenses 68.89 63.23 8.95 66.19 4.09 216.39 195.29 10.81 Administrative expenses 42.17 46.09 -8.50 58.55 -27.98 130.69 134.40 -2.76 Earnings before interest and taxes

Part C: Distribution of NRI CIS and CIS Operator’s Local Representative Arrangement for Distribution 17) Units in NRI CIS will be offered/ marketed in Thailand by the following intermediaries who are

___________________________________ As at (date) __________________________ Part C: Distribution of NRI CIS and CIS Operator’s Local Representative Arrangement for Distribution 17) Units in NRI CIS will be offered/ marketed in