. 3.1.1 Shareholder Structure that will occur before transaction Remark: Now,all shareholder of GS is a persons. But GS will arrange the shareholder structure before the Company entering into the

total paid-up capital of GS. 3.1.1 Shareholder Structure that will occur before transaction Remark: Now,all shareholder of GS is a persons. But GS will arrange the shareholder structure before the Company

Administrative Expenses 402.48 9.14 389.76 9.34 12.72 3.26 Management’s Remuneration* 40.07 0.91 48.38 1.16 (8.31) (17.18) Total Selling and Administrative Expenses 642.39 14.60 630.84 15.12 11.55 1.83 Remark

3 General Statistics Office of Vietnam MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 3 2019 CONSOLIDATED P&L SNAPSHOT Remark: The Company restates the financial

Selling and Administrative Expenses 630.84 15.12 624.51 15.16 6.33 1.01 Remark: * Management means the director, managing director or the next four executives succeeding the chief executive officer, the

9.45 0.81 (1.69) (17.88) Total Expenses 154.86 12.84 149.50 12.88 5.36 3.59 Remark: * Management means the director, managing director or the next four executives succeeding the chief executive officer

Selling and Administrative Expenses 316.46 13.46 307.59 13.65 8.87 2.88 Remark: * Management means the director, chief executive officer or the next four executives succeeding the chief executive officer

Administrative Expenses 469.77 13.97 450.73 14.11 19.04 4.22 Remark: * Management means the director, chief executive officer or the next four executives succeeding the chief executive officer, the persons holding

16.167 Return on NPA management business5 Percentage 10.73 6.00 8.72 6.367 Allowance for impairment of NPAs to NPAs6 Percentage 3.90 2.97 2.47 2.16 Remark 1 Cash collection from the Company’s NPL

) 0.13 (0.02) 0.64 Remark (1) These figures are different from those included in Company’s consolidated Financial Statements as they include revenues (before deducting discounts and commissions) from