Quarter 2019 1st Quarter 2018 % Increase (Decrease) Income Revenue from sale of goods 3,398 8,117 (58%) Net foreign exchange gains 99 158 (37%) (Reversal of) loss on confirmed purchase orders for

of sale 7,621 5,714 25% Cost of services - Tolling - - Selling expenses 95 122 (29%) Administrative expenses 200 179 10% Loss on confirmed purchase orders - - for undelivered raw materials - 68 Other

95 107 (13%) Administrative expenses 202 197 2% Loss on confirmed purchase orders - - for undelivered raw materials 15 110 (620%) Bad and doubtful debts 6 - 100% Net foreign exchange loss 736 - 100

1 110 (99%) Net foreign exchange gains 113 82 38% (Reversal of) loss on confirmed purchase orders of undelivered of raw material 9 28 (68%) Other income 14 10 43% Total income 8,803 3,522 150

exchange 1,194 (5,316) 1 - 1,195 5,316 6,511 122% Net profit (Loss) before the impact of lease income 3,976 (3,038) (18) 13 3,958 (3,025) 6,983 231% Impact of lease income (10) 661 - - (10) 661 (671) (102

continued 5G network expansions. We ensured carrying out continuous cost optimization in all areas to soften this impact. Following the declined EBITDA, AIS reported a net profit of Bt26,011mn, decreasing

TTP solar project have no impact regarding the overload of the transmission line and grid in the central provinces of Vietnam since DT1&2 located at Tay Nihn province, South – Western Vietnam (where

, which already expired. In addition, Thai baht strengthened to nearly 10% against the US dollar compared with the same period last year also had an impact on sales. However, if considering only normal

challenging factors for future performance in 2020 whether the economic volatility and other challenges, which shall impact the Company's performance. The management, therefore, remains committed to the

The second quarter of 2017/18 (ended 30 September 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017/18 30 OCT 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Thailand's