first project is in Phra Nakorn Sri Ayutthaya outlet and continues to roll-out to other outlets in the future. Financial Position Analysis Unit : MB As at As at Change 30 September 2019 31 December 2018

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 145/2562 November 11, 2019 Subject: Clarification of the Operating Result for the significant change Attention

No. ECF2 044/2561 3 December 2018 Subject: Notification of the resolutions of the Board of Directors’ Meeting approving the investment in purchasing the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for Extraordinary General Meeting No. 1/2019 (Additional) To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum...

of operating results for the year 2019, Ended of December 31, 2019 Unit : Million Baht Power Generation Others Total Change Increase (Decrease) 2019 2018 2019 2018 2019 2018 Amount % Total Revenues

changes over the past few years. Traditional media such as television, newspaper, magazine and radio has been in steady decline, while Out-of-Home (“OOH”) and online/digital media have become the go-to

increase of 23.5% YoY.  Revenue from Out-of-Home business increased 2.0% YoY to THB 909mn.  Revenue from Digital services business increased 243.6% YoY to THB 299mn.  Net profit was THB 260mn, an increase

million or 74.48%. The major causes of significant change are as follows: Unit : Million Baht Operating results of the Company For the Year ended December 31, 2017 2016 Changes % Revenues : Revenues from

Baht per share, the disposal value of Baht 115 million, and the Company was paid for the disposal of such share proportion on August 15, 2017, resulting in the change of the Company’s shareholding

of the provision for rental assurance of OFCs of JASIF due to the change of the discount rate (rental fee increase), amounting 31 million Baht; - an allowance for doubtful debts and bad debts of 3BB of

December 2018, compared to 10.18% as of 31 December 2017. Net debt to equity was 0.12%, compared to 0.10% as of 31 December 2017. (Unit : Baht million) 31 DEC 18 31 DEC 17 Change Total assets 968.30 900.31