Offeror : NORTHERN AGRICULTURAL COMPANY LIMITED | Date of submission of the Statement of Intention : 08/10/2015

million or 52.1% due following to: Description 1Q2019 Million Baht 1Q2018 Million Baht Change Million Baht Change (%) Revenue from real estate segment - - - - Revenue from E-Commerce segment 1.26 2.19 (0.93

16% 0.87 0.71 0.75 16% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated

same period last year. This resulted from the government measures to control the COVID-19 pandemic, by temporary closure of stores in Fashion and Hardline segments while Food segment were impacted by

Segment Grouping In 2019, the Company has changed reportable segments. The strategic divisions offer different products and services and are managed separately because they require different business

Profit = Net Profit attributable to owners of the parent Financial Performance for Q2’19 Key Change in Segment Grouping In 2019, the Company has changed reportable segments. The strategic divisions offer

% Net profit margin attributable to owners of the parent 13.2% 13.1% 0.1% 12.8% 12.3% 0.5% Key Change in Segment Grouping In 2019, the Company has changed reportable segments. The strategic divisions

global economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles

economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles) and

and services segment showed improvement during the last quarter of the year as a result of the government’s economic stimulus. Private investment contracted in all investment categories from the