Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

those segments delayed theirs the projects; however, the situation started easing towards the end of the quarter. In addition, the Company had structured its group business by transferring the entire

10.5% Gross Profit Margin (%) 11.1% 12.1% -1.0% SG&A expenses 392 390 2 0.6% Loss on exchange rate 4 0 4 N/A EBIT before share of profit (loss) from investment in associates and joint venture 435 438 -3

68.6% Gross Profit 813 396 417 105.3% Gross Profit Margin (%) 11.1% 9.3% 1.8% SG&A Expenses 456 310 146 46.9% EBIT before share of profit (loss) from Investment in Associates and Joint Venture 608 275

which was mainly due to continual impact of COVID-19 pandemic. Despite the easing of COVID-19 lockdown measures of Thai government and the stores reopened in May, the domestic consumer spending was still

-100% Net Profit after Extra Items -344 -22 1,464% 239 -244% -105 0.2 -52,600% EPS (Baht/Share) -0.34 -0.02 1,600% 0.23 -248% -0.10 0.0002 -50,100% Note: (1) Adjusted EBITDA refers to EBITDA excluding

-8.68% Gross Profit 396 533 -137 -25.72% Gross Profit Margin (%) 9.34% 11.24% -1.90% SG&A Expenses 310 300 10 3.48% EBIT before share of profit (loss) from Investment in Associates and Joint Venture 275

solidated in d of 2017, on baht or ollect more ed service c of 2016 53 r 9-months d 144.7 mill s an increa gross profi that was de period of 2 increase fr easing of g d receivable 017 ited the 3rd qua for the

for long term growth, while remaining focused on supporting, supplementing and leveraging our flagship business of Combined PET. • With the reopening of economies, easing of lockdowns and improvement in

all business sectors. Thai economy has been pressured from weak in tourism sector, consumption, and export sectors. However, Thailand continues easing country lockdown measures phase by phase since May