shown in the table on page 6. Market and Competitive Environment In 2Q19, the competition in mobile market showed a sign of improvement. Overall, the industry focused on reducing unlimited data offerings

The fourth quarter of 2017/18 (ended 31 March 2018) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2017/18 17 MAY 2018 MEDIA INDUSTRY The Thai advertising market has been shaped by major

had a higher impact from the decline in domestic purchasing power leading to lower prepaid usage despite an increase in tourism-related income. Competition remained intense with the market continued

had a higher impact from the decline in domestic purchasing power leading to lower prepaid usage despite an increase in tourism-related income. Competition remained intense with the market continued

had a higher impact from the decline in domestic purchasing power leading to lower prepaid usage despite an increase in tourism-related income. Competition remained intense with the market continued

low price offerings remained in the market to address weak spending power. Enterprise non- mobile business grew 6% YoY. Demand for enterprise data service (EDS) started to recover after having been

operations of take-home orders, following the prevention and control measures imposed by the government agencies. On May 17th, 2020, the Company gradually resumed part of the dessert cafe operations when the

stocked during 15-30 days in the 1stquarter of 2021. Besides, the Company emphasis on efficiently control production yield. Subsidiaries realized net loss of 4.27 million Baht in the 1st quarter of 2021 and

restaurant business in Thailand (Billion baht) Forecast of the Thai restaurant market in 2023-2024 The restaurant industry in Thailand has begun to recover after the full reopening of the country. The market

reference. - ราง - Notification of the Capital Market Supervisory Board No. Tor Jor. 63/2561 Re: Approval Rules on Offer for Sale of Newly Issued Bond of Foreign Entity Denominated in Thai Baht