adapts the policies in relation to various conditions of each country. Nonetheless, the Company reiterated stringent health and hygiene protocols to be in line with the World Health Organization and local
assisted by the governments of various countries such as Austria, Germany, Switzerland, Poland, and the Czech Republic, in the form of subsidies for payrolls, and tax relief. In Germany where the Company has
(COVID-19) in Thailand which affected the overall economy since the government announced various pandemic prevention measures. However, after the widespread and situation in Thailand became controllable
infection, easing measures to contain COVID-19 outbreak and lifting domestic travel restrictions in Thailand and several countries recently, various business strategies and marketing plans to be implemented
rent such asset for further business operation. The subsidiary has considered the rental conditions, the rental price including the ability to control various costs and expenses, and found that it was
various actions which help to mitigate potential effects. The Company has proactively implemented stronger preventive measures in all its business locations. Business models were adjusted to offer more
customer groups of the company and its subsidiaries. The impact therefore greatly affects sales both volume, as well as the sales prices and gross margins of various product groups, which have weakened due
-Café 2 • Catering services such as parties, wedding receptions, restaurants or any events • Pop-up store sales in various locations Catering / Pop-up 3 1 Franchise Fee Income 4 • Revenue recognition of
. Disclaimer Some statements made in this material are forward-looking statements with the relevant assumptions, which are subject to various risks and uncertainties. These include statements with respect to our
’ demand • Catering services such as parties, wedding receptions, restaurants or any events • Pop-up store sales in various locations • Revenue recognition of initial franchise fee from “After You” franchise