Eng_MD&A Q2'18 (Translation) August 14, 2018 Ref: SET-2018-016 Re: Management Discussion and Analysis for Quarter 2’ 2018 Attn. to: President The Stock Exchange of Thailand Filter Vision Public

JMT, JAS Asset, J Fintech and associated company namely Singer Thailand. Moreover, the Company prepare for disruption of technology by set up J Ventures for development of technology for Group of

is based on revenue of OOH listed companies in SET Index. 2 Shopee replaced COMICO brand at Victory Monument station after the contract expired in January 2018. The fourth quarter of 2017/18 (ended 31

2019 Change % Change Revenue from sales & service 411.58 719.81 -308.23 -42.8% Other income 5.01 5.57 -0.56 -10.1% Total revenue 416.59 725.38 -308.79 -42.6% Cost of goods sold & service 383.13 638.35

operating and administrative expenses, expected credit loss and finance cost. For the fiscal year 2023 financial results, the Company had total consolidated expenses of 17,804 million baht. Details of

quarter. AEONTS: Aeon Thana Sinsap (Thailand) Public Company Limited Expenses The Company’s expenses mainly consist of operating and administrative expenses, expected credit loss, and finance cost. In 3Q

organization (41.40) (101.17) - - Costs of Sales (1.35) (3.30) - - Total Cost (42.75) (104.47) - - Gross Profit (Loss) (1.83) (4.47) 0.61 100.00 Other income 14.13 34.53 13.13 2,152.46 Profit (Loss) prior to

. Therefore, the Company is required to immediately disclose the information memorandum on entering into such transaction to the Stock Exchange of Thailand (the "SET) and send a circulated letter to the

in September, while the company was unable to adequately adjust retail prices to keep up with the increasing product cost. Power Plant Business Group earned lower revenue from sales and rendering of

new products, our product strategies also include the shaping up additional revenue stream from distribution of diversified set of 3rd party products in both food and non-food categories. Following this