TRANSLATED VERSION As of March 31, 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the

first quarter ended March 31, 2019 with those of 2018. This report discusses principal changes in the reviewed consolidated financial statements. Overall market environment The Thai economy for the first

% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector

business but Travelling business also have trend to growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial Institutions Policy Committee announce

The first quarter of 2018/19 (ended 30 June 2018) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018/19 8 AUG 2018 MEDIA INDUSTRY The Thai advertising market has been shaped by major

rate in 2009 following the Hamburger crisis. The Committee assessed that the Thai economy would expand at a lower rate than previously assessed and lower than its potential due to a decline in exports

. Business outlook for Q2/2020 was expected that the Thai economy would be contract appreciably from the impact of the COVID-19 pandemic and the ongoing drought, which are expected to clearly affect income and

purchasing power. Government spending is also important in sustaining the economy, with government spending increasing compared to 2020 due to COVID-19 epidemic mitigation. Specifically, the third wave of

purchasing power. Government spending is also important in sustaining the economy, with government spending increasing compared to 2020 due to COVID-19 epidemic mitigation. Specifically, the third wave of

UNOFFICIAL TRANSLATION Codified up to No. 3 As of 9 June 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference