advertising and promotion expenses by Baht 3.62 million because in this year, the Company focuses on internal marketing by creating customer satisfaction. Administrative expenses For the 3 months period

%, mainly due to decreasing of advertising and promotion expenses by Baht 9.13 million because in this year, the Company focuses on internal marketing by creating customer satisfaction. Administrative

year by Baht 4.84 million or equivalent to 36.17% mainly due to increasing of advertising and promotion expenses – CLMV by Baht 2.05 million, incentive expense Baht 3.01 million because the Company

capital of Baht 220,000,000 and the paid-up capital of Baht 172,000,000 and the objectives of the company include service creation and management of integrated marketing communications, such as spaces and

-active marketing via online channel led the online sales increased 107% compared to the same period of last year. II. Revenue from sales from hardline segment was THB 13,853 million, increased by 31.5

administrative expense reduction according to the Company target. Cost and expense reductions were achieved through adjustment of sales and marketing strategies, inefficiencies identifications, and improved work

(5)) |- Proprietary Trading |- Other Business Undertaken by Securities Companies |- Advertising (section 98(10)) |- Statutory Disqualifications for Management (section 103) |- Management Approval and

period of 2016. The main reasons is from economic slowdown which affected advertising revenue decreased by 10% and circulation revenues of newspaper, pocket books and children books decreased by 25%. 2

QUARTERLY BUSINESS HIGHLIGHTS – 3M 2020 Consolidated revenue decreased by 13.7% YoY to THB 612mn o Advertising revenue increased by 3.1% YoY to THB 270mn o System integration services revenue decreased by

MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty.  Consolidated revenue decreased by 25.9% YoY to THB 512mn o