. 014 / 2020 May 13, 2020 Subject Explanation of the operating performance for 3-month period ended March 31, 2020 To Managing Director The Stock Exchange of Thailand Pan Asia Footwear Public Company

2020/21 SNAPSHOT & ANALYSIS CONSOLIDATED P&L SNAPSHOT THB (mn) 1Q 2019/20 (Restated) 4Q 2019/20 1Q 2020/21 QoQ (%) YoY (%) Operating revenue 902 827 445 -46.1% -50.6% Net profit* 304 364 (104) -128.6

/public/ipos/IPOSEQ01.aspx?TransID=305545 VGI PUBLIC COMPANY LIMITED 2Q 2020/21 SNAPSHOT & ANALYSIS CONSOLIDATED P&L SNAPSHOT THB (mn) 2Q 2019/20 (Restated) 1Q 2020/21 2Q 2020/21 QoQ (%) YoY (%) Operating

sale of newly issued securities; (2) an issuing company which has the duty to prepare and submit financial statements and reports on its financial position and operating results to the SEC Office; (3) an

ที่________ - Translation - No: SN.056/2017 November 16, 2017 Subject: Clarification of Operating Results and Financial Status for 2017, ended 30 September 2017 Attention: President The Stock

November 12, 2004 1/3 No: SN. 130/2019 21 November 2019 Subject: Clarification of Operating Results and Financial Position of the year ended September 30, 2019 Attention: President The Stock Exchange

October 3, 2019 Re: Clarification of the operating results of company and its subsidiaries for the 1 st quarter of year 2018 To: President The Stock Exchange of Thailand K.C. Property Public Company

operating and administrative expenses, expected credit loss and finance cost. For the first quarter of 2022, the Company had total consolidated expenses of 4,035 million baht, an increase of 433 million baht

is no gain on sale of written-off receivables in second quarter this year. Expenses The Company’s expenses mainly consist of operating and administrative expenses, expected credit loss and finance cost

to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan