6 month time lag due to the ordering lead time. Plant expansion will depend on the current building utilisation and lead time to construct new plant or expand in an existing plant. Source of Financial

overseas expansion needs –Thai investment to Indonesia grew approximately 25% annually since 20086 • Results in immediately (FY20E) accretive EPS and ROE for the Bank (assuming the Transaction completes

due to the ordering lead time. Plant expansion will depend on the current building utilisation and lead time to construct new plant or expand in an existing plant. Source of Financial Capital As the

March 2020 14 | P a g e Future Outlook Younique Customized Furniture 4.0 store upgrade instead of store expansion At the end of Q1/2020, the Company had 12 Younique Customized Furniture stores. To enhance

supporting future business expansion domestically and internationally as well as for the purposes of overall competitiveness in financial management accordingly. The Company will remain as the major and

%YoY mainly from spectrum license acquisition and network expansion. • Regulatory fee was Bt5,320mn, flat YoY aligned with core service revenue with representing a stable ratio at 4.1% as FY20

adequate working capital for future developments in accordance to CPNAs expansion plan and stronger financial position with higher liquidity as well as lower interest payment. 8. The opinion of the Board of

population and relatively low consumption level primed for expansion. OSP also leveraged its strong expertise in glass manufacturing in the overseas market, investing in Myanmar’s only glass bottle factory

(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16

Water launched since the 1st quarter of 2016 to 3-in-1 and RTD Coffee marketed since the 2nd half of 2016. These new products will play a vital role in the Group’s domestic expansion in the future