, increased by Baht 20,964.3 million when compared at the end of the year 2016 or up to 9.9%. Core assets comprise of loans to customers-net at 64.6% of total assets, followed by investments-net at 25.6% of

2020 = THB 84mn o October 2020 – December 2024 = THB 175 per quarter Revenue sharing: 85 – 90% of total revenue to MACO MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020

ASSETS BREAKDOWN 31 MARCH 2020 30 JUNE 2020 (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and current investments 1,216 13.2% 1,099 12.5% Trade & other receivables 641 7.0% 631

POSITION (THB mn) ASSETS ASSETS BREAKDOWN 31 DECEMBER 2018 31 MARCH 2019 (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and Current investments 653 15.9% 797 18.2% Trade & other

LIMITED 4 13 May 2019 ASSETS ASSETS BREAKDOWN 31 DECEMBER 2018 (Restated) 30 SEPTEMBER 2019 (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and Current investments 653 16.4% 819 17.1

in total revenue, EBITDA margin of at least 20% and total capex and investments amounting to THB 1.9 - 2.2bn. The majority of revenues will continue to be from our hospitality business, which is

, plant and equipment (PP&E), THB 2,891.82 million (15.37% of total assets), in investments in associated companies, THB 538.29 million (2.86% of total assets) in grandparent chicken and parent chicken and

and equipment (PP&E), THB 2,671.77 million (15.39% of total assets), in investments in associated companies, THB 477.05 million (2.75% of total assets) in grandparent chicken and parent chicken and THB

investments in associated companies, THB 500.61 million (2.76% of total assets) in grandparent chicken and parent chicken and THB 724.35 million (4.00% of total assets) in investment in property and other

current assets, THB 7,850.71 million (46.69% of total assets) in property, plant and equipment (PP&E), THB 2,654.67 million (15.79% of total assets), in investments in associated companies, THB 462.42