% QoQ due to marketing campaigns during the launch of the new iPhone 16 and the points privilege program. The marketing expense was at 2.8% of total revenue. • Admin & other expenses totaled Bt5,918mn

บัญชีซึ่งเป็นที่ยอมรับโดย International Forum of Independent Audit Regulators (IFIAR) หรือ European Commission (EC) ꃂ 숀  ꃂ ⠀Ȁ⤎숀  หน่วยงานอิสระที่ทำหน้าที่กำกับดูแลผู้สอบบัญชีในประเทศที่ได้

Company and its subsidiary had independent specialist to evaluate and reclassified employee expenses payables after separation to be compiled with the financial reporting standards as well as page 5/6

represented the appraised value reviewed by the independent appraiser. Page 2 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 In October 2019, SET announced that S was listed

amounted to Baht 1.08 million while profit comprehensive-net from income tax of the subsidiary company amounted to Baht 0.73 million. During Q4/2018, the Company and its subsidiary had independent specialist

retired by rotation to be directors for another term as follows: (1) Assoc. Prof. Niputh Jitprasonk Independent Director (2) Mr. Yanyong Kurovat Director (3) Mr. Somchai Leesawadtrakul Director 4. Concurred

tax amounted to Baht 1.08 million while profit comprehensive-net from income tax of the subsidiary company amounted to Baht 0.73 million. During Q4/2018, the Company and its subsidiary had independent

approval in the coming Annual General Meeting of the Company. The Company will appoint an Independent Financial Advisor to give an opinion to shareholders on the appropriateness and rightfulness of the price

of useful lives with reference to the Health Study Report from an independent engineering expert and the repair and maintenance of buildings, machinery and equipment. This is considered the Change in

) THB 3,895 mill ion | 69% Gross Profit 5,650 Very Small Power Producer (VSPP) THB 245 mill ion | 4% Independent Power Producer (IPP) THB 1,511 mill ion | 27% GPSC - Q2/2020 Management Discussion and