possible; the branch has already been constructed and decorated. In addition, the Company has already test- run the logistics of raw materials and store equipment from Thailand in order to be most ready

“Mikka” brand • The sale of products from fresh fruit in Luggaw stores across 10 branches • "Song Wat Coffee Roaster" has a total of 1 branch. • Sale of raw materials to Mikka Café franchisees in Thailand

and desserts across 5 company- owned outlets under “Mikka” brand • The sale of products from fresh fruit in Luggaw stores across 14 branches • Specialty coffee shops in 2 locations • Sale of raw

the regional production hub remains strong, but also reflected the potential and strength of WHA Group’s industrial estates, which can fully support the needs of both local and international customers

in period of 30 years since September 29, 2015 (28 years remaining) Raw water is sourced from land developing to be reservoir at Amphoe Tai Meang, Phang-Nga which these land owned by GS total 25 plots

agreement 205 218 207 (1%) (5%) 382 425 11% Other income 9 11 7 (24%) (36%) 13 18 36% Total revenue 5,743 4,604 4,064 (29%) (12%) 7,477 8,668 16% Cost of raw materials - Natural gas1 1,344 1,187 548 (59%) (54

truly has knowledge and expertise in as the strength, which consists of printing media (Bangkok Business Post, The Nation, and Kom Chad Luek), organizing of related activities, television business

Company shall pursue its strategy and policy, focusing on the core business operation that the Company truly has knowledge and expertise in as the strength, which consists of printing media (Bangkok

Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable Stable Stable S&P Global Ratings Long-term Issuer Credit Rating BBB+ BBB+ BBB+ Short-term

Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable Stable Stable Standard & Poor’s Long-term Counterparty Credit Rating BBB+ BBB+ BBB+ Short-term Counterparty