such shares. 3. VAVA including their related persons to VAVA under Section 258 of the Securities and Exchange Act will not send any person to be directors and/or management in the Company. 7. Other

enterprise market in the medium term. Cost management has resulted in profitability improvement. Excluding payment to TOT, cash cost of service and SG&A continued to be stabilized, -4.8% YoY and +2.2% QoQ, due

previous year because of the higher number of lettable area and efficient cost management. 2. Sale of Investment Properties  During the second quarter of 2020, the Company had revenue from investment

previous year, the net profit of the Corporate Group for the 1st quarter 2020 increased by 1.56 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as

’ future revenue growth and diverse business dependency risk on food and beverage industry to cosmeceuticals and medical business, which has positive expansion with consumers-oriented goodwill. (3) Increase

information. (2) Increase Group of Companies’ future revenue growth and diverse business dependency risk on food and beverage industry to cosmeceuticals and medical business, which has positive expansion with

expansion with consumers-oriented goodwill. (3) Increase profit and remuneration using business coordination with both management team, including expand market channel, improve production line and cost

MDA_Q3'17_En (Translation) Management Discussion and Analysis for the 3 rd Quarter ended November 30, 2017 AEON Thana Sinsap (Thailand) Public Company Limited (“The Company”) has already submitted

MDAE_3Q18 Final2 Management Discussion and Analysis for the 3 rd Quarter 2018 ended November 30, 2018 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the

space expansion, and increase in staff cost, partially offset by lower FX loss. Interest Expense Increase in interest expense was mainly a result of the adoption of TFRS16 Leases this year. T.662 636 6999