Performance Yggdrazil Group Public Company Limited (“the Company”) are rendering services to produce computer graphics for advertisements, music videos and movies and to produce animation including rendering

operation, executives and employees, who are specialized in its business operation, from Excellent Graphics Co., Ltd. (“EG”) and Wrap Graphic Company Limited (“WG”) (whose shareholders has become that

earnings im- pact from the seasonal maintenances. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in core earnings follows on from IVL’s strategy of prudent invest- ments in the higher

condition according to the Management’s perspective accompanied by the causes and relevant factors – if preferred, represented by diagrams or graphics as seen appropriate – at least in the following matters