for the Quarter 2’ 2018 Page 5 / 7 business strategy in new business. However, losses incurred from the expenditures that prepare and increase efficiency the management of the business is a priority. 4

decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles

the expenditures that prepare and increase efficiency the management of the business is a priority. Management's Discussion and Analysis and operating results for the Quarter 3’ 2018 Page 5 / 7 4

THB 446mn on capital expenditures and investments, primarily in the purchases of investment properties, property, plant & equipment, long-term financial assets, and acquisition (net of disposal) of

expenditures and investments, primarily in the purchases of investment properties, property, plant & equipment, long-term financial assets, and acquisition (net of disposal) of ordinary shares in Prime Area 12

enterprise which have already approved their expenditures before the COVID-19 outbreak. Therefore, the projects that the Company participated in the auction did not decrease, but the implementation of the

authority approval to each management level to limit amounts of expenditures; project/investment approval manual; procurement and vendors selection manual; decision Questions Yes No making on procurement

3; “fee” means a fee for undertaking business according to license; “income” means an income before deducting expenditures from undertaking business according to license; “investment unit”4 means the

operating profit. SG&A expenses recorded Bt4,910mn, decreased -14% YoY and -12% QoQ from ongoing efforts to control marketing and administrative expenditures. • Marketing expenses was at Bt1,175mn, decreased

gain in this quarter was not taxable. SG&A expenses were at Bt4,957mn, decreasing -12% YoY while increasing 1.0% QoQ driven by a tight control in marketing and administrative expenditures. • Marketing