-brand was Baht 483.3 million, decreased 17.4% from 1Q19, decrease as the mall is closed. - The sales Revenue of Sabina-brand Non store retailing was Baht 99.8 million, increased 9% from 1Q19, increased to

Central Retail Corporation Public Company Limited Page 1 20 February 2020 Re: Management Discussion and Analysis Operating results for the year ended December 31, 2018 To: President The Stock

Central Retail Corporation Public Company Limited Page 1 20 February 2020 Re: Management Discussion and Analysis Operating results for the three-month and nine-month period ended September 30, 2019

Central Retail Corporation Public Company Limited Page 1 Overview of the operating result for the fourth quarter of 2019 The company’s total revenue for the fourth quarter of 2019 was THB 63,405

-brand increased 8.2% - The sales Revenue of Sabina-brand Non store retailing(online) increased 61.5% - The sales Revenue of Sabina-brand Export increased 42.7% - The sales Revenue from OEM decreased 2.3

is 74.6% owned by AFS - ACSI is 5.2% owned by AEONTS AEONTS’s subsidiaries Company Business Relationship with AEONTS AEON Specialized Bank (Cambodia) Plc (“ASB Cambodia”) Retail Finance - ASB Cambodia

ภายใต้แบรนด์ Sabina แบบ Non store retailing(online) เพ่ิมขึน้ 61.5% -รายได้จากการขายสนิค้าภายใต้แบรนด์ Sabina แบบสง่ออก เพ่ิมขึน้ 42.7% -รายได้จากการรับจ้างผลติแบบ Oem ลดลง 2.3% เปรียบเทียบสัดส่วนรายได้

institution, the securities company may comply with the policy of security of the information technology of such financial institution. [M] · Reviewing and modify updatable by having a risk assessment once a

financial institution, the securities company may comply with the policy of security of the information technology of such financial institution. [M] o Reviewing and modify updatable by having a risk

แยกตามประเภท ไตรมาส 1 ปี 2563 - ยอดขายในประเทศ Sabina Brand 483.3 ล้านบาท ลดลง -17.4 % เม่ือเทียบกบัไตรมาส 1 ปี 2562 ลดลง ตามท่ีห้างร้านถกูปิด - ยอดขาย Non store retailing 99.8 ล้านบาท เพิ่มขึน้ +9