solution with HR services representing 75.9% of our revenue, Financial services representing 22.6% and other income representing a small 1.5%. In 2018, the HR services has grown at a higher rate than

and money transfer service which grown steadily. 3 Forth Smart Service Public Company Limited (FSMART) 2Q17 Management Discussion and Analysis 3) Advertising income was Bt2mn, decreased 62.3% YoY

increase of 40.4% YoY, mainly from the increasing in kiosk usage and money transfer service which grown steadily. 3 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis

% YoY, mainly from the increasing in kiosk usage and money transfer service which grown steadily. 3 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis 3

our investments, as well as improvements in surplus cash management where we have invested surplus cash in money market products giving a better yield. Cost of Services While our revenue has grown 7.7

grown 7.7% compared year-on-year, the growth in our cost of service increased by 3.00mb or 2.1% to 147.42mb (Q2 2018: 144.42mb). The slower growth in cost is mainly due to improved productivity in our bid

advisor and extraordinary general meeting of shareholders. Management benefit expenses In Q1/2018, the management benefit was Baht 4.35 million compare with the same period of previous year amount to Baht

Estimated total improvement cost (until Q2 2017) Aggregate actual cost Ended at Jun 30, 2017 Estimated Improvement cost (For remaining works) At Jun 30, 2017 Improvement cost Re-design cost, advisor cost

Improvement cost Re-design cost, advisor cost, insurance, etc. 608.43 93.72 - - 608.43 93.72 484.64 73.55 123.79 20.17 Sub-total cost Compensation for Loss of production cost 702.15 696.57 - 49.64 702.15 746.21

lease agreement to the Company aforesaid. 2. Resolved for approval of the appointment of Beyond Advisor Company Limited as the Independent Financial Advisor to provide its opinion in relation to the