up of Allowance for Doubtful accounts and loss from investments which increased by 112.24 million Baht from last year and the increase in sales and administration cost to support the expansion of

provides the business administration and support to the oversea subsidiaries. AEONTS and its subsidiaries enter into “Business Administration Agreement” and pay management fee to AFS total transaction is

(Philippines) INC. (“AEON Systems”) Within August 2019 (After the Board of Director of AEON Thana Sinsap (Thailand) PLC approval) 1.2 Business Administration and Support Company Date of agreement AEON Financial

Myanmar”) Retail Finance 100% General characteristics of transactions: AFS provides the business administration and support to the oversea subsidiaries in order to grow and develop AFS subsidiaries

100% General characteristics of transactions: AFS provides the business administration and support to the oversea subsidiaries in order to grow and develop AFS subsidiaries’ business. AEONTS and its

company had refund from the Office of Cane and Sugar Fund according to the assistance project to support sugar cane planter and sugar plants by THB 234 million. Distribution Cost Decrease in distribution

”) Retail Finance 100% General characteristics of transactions: 1. AEONTS provides the support on the business operation including marketing research and support as well as system support to ACS Capital, and

support department 0.35 million baht. Other expenses increased 0.11 million baht. The cost of administration for the three months ended March 31, 2017 amounting to 7.30 million baht (2016: Baht 6.65 million

increase by 0.39 million baht due to cost reduction of advertising and support department increase by 0.69 million baht. Other expenses decreased 0.30 million baht. The cost of administration for the three

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