6.3% . This increase is in line with our expectations of the demand for HR technology and services in local and overseas markets. Due to the strengthening of Thai Baht, the contribution from our

second quarter of the previous year, mainly due to a decrease in activity by local retail investors. 1.2 Fee and Service income The Company’s fee and service income in the second quarter of 2019 was Baht

2018: 298.29mb) , increasing by 53.07mb or 17.8% . This increase is mainly due to taking in the result of TigerSoft, as well as, organic growth of existing business in HR technology and services in local

sharing from investment in BBF increased Baht 13.38 million, resulting from the government continuously promoted biodiesel consumption as renewable energy by announcing the use of biodiesel B10 and B20. 4

is essential to proceed to get the license from related government sectors before business operation including of having business negotiation with related private sectors. Then, it could start business

had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3

previous year, mostly from the increase in profit sharing from investment in BBF, resulting from the government continuously promoted biodiesel consumption as renewable energy by announcing the use of

from the decline in operating revenue due to the impact from the new COVID-19 wave, as well as the temporary closure of some dessert cafe branches according to the government measures. • The Company’s

eased phase by phase thanks to significant improvement in controlling the spread of COVID-19 in Thailand. A number of recovery plans were introduced to the market by Thai government; however, Thai economy

global financial market have begun to affect the Thai financial market. The Bank of Thailand (BOT) has alleviated the situation through government bond purchase program amounting more than 100 billion