UNOFFICIAL TRANSLATION Codified up to No. 6 As of 12 April 2019 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference
representative office; (3) the appointment of a person, who has registered as bond trader with the Thai Bond Market Association, to be investment consultant for providing consultation on debt securities for
Governance Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between
to a loss on foreign currency exchange of Baht 31.0 million in Q4 2021, caused by appreciation of Thai Baht. This loss on foreign currency exchange was mainly associated with the USD loan related to
www.interpharma.co.th 6. Approve to present to the Shareholders' Meeting to consider and approve the issuance of debentures in the amount not exceeding 300 million Baht. The total debt burden of the Company at any one
% of shares, PTT Global Chemical Public Company Limited holds 22.73% of shares, Thai Oil Public Company Limited holds 8. 91% of shares, Thai Oil Power Company Limited holds 20.78% of shares and 24.77% of
Finance Magazine 4. Deal of the Year from ThaiBMA Best Bond Awards 2017 – the Thai Bond Market Association (ThaiBMA) ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS
11 FEB 2019 1 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2018 MD&A FY 2018 (ended 31 December 2018) MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS The overall Thai advertising market has been
of 2019. In addition, there was a straight line concession adjustment of its international media operation in accordance to the Thai accounting standard, which led to higher expenses. FINANCIAL
with the depreciation on Great British Pound Sterling against Thai Baht currency. Under the current terms, sponsorship contracts with CFC and EFL are ended in June 2021 and May 2022, respectively. Yet