performance of the Group Unit: Million Baht Q3’ 2019 Q3’ 2018 Increase (decrease) Variance (%) Total revenues 1,701 1,875 (174) (9%) Net profit 112 137 (25) (18%) The Group’s total revenues for the third

of Thailand Overall operating performance of the Group Unit: Million Baht Q1’ 2020 Q1’ 2019 Increase (decrease) Variance (%) Total revenues 1,572 1,677 (105) (6%) Net profit 73 81 (8) (10%) The Group’s

caused from price variance during the year compared to previous year. 3. Selling and Administrative Expenses For the year 2019, the Company’s SG&A expenses was USD 143.53 million (or equivalent to Baht

lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2019, the Company’s SG&A

, but excluding excess baggage divided by RPKs. 10 ASIA’S BOUTIQUE AIRLINE Operating performance summary for the period ended December 31, 2019 Unit: million baht January-December 2019 2018 Variance

period ended 30 September 2017 and 2016 are as follows; Unit: THB million Three-month period Variance +/(-) Nine-month period Variance Q3’16 Q2’17 Q3’17 QoQ YoY Q3’16 Q3’17 +/(-) 1. Revenue from sales and

million Three-month period Variance +/(-) Six-month period Variance Q2’17 Q1’18 Q2’18 QoQ YoY Q2’17 Q2’18 +/(-) 1. Revenue from sales and contract work - 1.2 0.9 (25.0%) - 1.2 2.1 75.0% 1.1 Turnkey Total

Audit Committee has considered the transaction and has opinion that the transaction is necessary and reasonable because the return on their investment is not satisfied and technology is very important in

business due to all transactions are taking to supporting the business operation and also the terms and conditions are satisfied. Please be informed accordingly. Sincerely yours

business operation and also the terms and conditions are satisfied. Please be informed accordingly. Sincerely yours, ---------------------------------- Mr. Khongsit Choukitcharoen Managing Director