OOH media accounted for approximately 50 percent of Thailand’s OOH advertising spending.1 IMPORTANT EVENTS IN 2017/18 Transit in Thailand  The Company successfully implemented the Offline-to-Online

STRATEGIC UPDATES ADVERTISING PAYMENT LOGISTICS Transit & Office Outdoor Airport Activation Offline & Online Payment Market Place Micro Loan Smart Delivery 1) ADVERTISING - BUILDING AN INTERNATIONAL NETWORK

share, declined by 25.5% YoY to THB 3,418mn. Nevertheless, Out-of-home media, which includes Transit, Outdoor and In-store media (collectively, “OOH”) bucked the trend, increased by 12.7% YoY to THB

includes Transit, Outdoor and In-store media with a market share of 12.9%, resiliently increased by 2.6% YoY to THB 3,394mn. OOH media continues to benefit from the structural shift in the media industry

charges against officials of the Bangkok Metropolitan Administration (BMA) and the two companies - Krungthep Thanakom Co., Ltd. (KT), Bangkok Mass Transit System PLC (BTSC) ? including their executives for

to total revenue 1Q 2017/18 1Q 2018/19 YoY (%) 1Q 2017/18 1Q 2018/19 OOH media 755 997 32.1% 88.6% 92.5% Transit 519 620 19.5% 60.9% 57.6% Outdoor 170 284 67.4% 19.9% 26.4% Office and Other 66 93 40.0

has the exclusive rights to install and manage 188 advertising panels under 23 BTS stations from Bangkok Mass Transit System Public Company Limited and (2) advertising under flyovers in which the

Chairman, Society of Khonkaen Province Bank Chairman, Khon Kaen City Development (KKTT) Co., Ltd. and Khon Kaen Transit System Co., Ltd., at Khon Kaen City Hall. This is deemed as a pilot project and is

maintain its strong economic fundamentals, with a current account surplus of USD 37.3 billion, approximately 6.8 percent of GDP, and international reserves standing at 1.3 times its total foreign-currency

within the 4th quarter of 2018. VGM is a holding company investing in media companies in the mass transit, airports, cinemas, highways, major supermarkets and office buildings advertising segments. The