Microsoft Word - MDA Q120 EN_Hiight.docx May 11, 2020 To President The Stock Exchange of Thailand Subject Management Discussion and Analysis for the three-month period ended March 31, 2020 Taokaenoi

Exchange of Thailand. Demco Public Company Limited would like to inform you herewith the company result for the quarter 1/2020 according to the company’s consolidated financial statements for the year ended

The Results of the Comsolidated Financial Statements Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation Multimedia Group Public Company Limited and

on consolidated financial statement. 2) Decimal numbers shown in this management discussion and analysis are likely to be different from the Company’s financial statement due to the rounding to 2-digit

, effective cost management and development of the quality of products and services. In order to achieve such goals, the Company starts the process of reorganization in 2021 to transform from being a functional

total value of consideration criterion which granted the highest result, referenced from the consolidated audited financial statement of the Company ended March 31, 2019. After the computation of the

mall management and effective operating costs control The Thai economy in 2Q17 continued to expand and recovered at a modest pace, driven by export of goods which showed a high expansion, and the tourism

shareholders on 18 May 2018. 5 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 2Q 2018 CONSOLIDATED P&L SNAPSHOT CONSOLIDATED P&L SNAPSHOT 2Q 2018 PERFORMANCE

Page 1 of 6 - Translation - Ref. WINNER 0024/2019 August 13, 2019 Re Management Discussion and Analysis (MD & A) for Q2/2019 To The President The Stock Exchange of Thailand 1. Analysis of Overall

First Quarter of 2018 WHAUP finished our 1Q2018 with a Net Income of Baht 716.2 million, 162.8% increase from 1Q2017. 1. RESULTS OF OPERATION FOR 1Q2018 Consolidated Financial Statements 1Q2017 1Q2018