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

consumer spending, industry continued to offer value- for- money mobile data to attract customers. Mobile ARPU continued to be pressured by unlimited data plan; albeit some initiated effort to raise price

Billboard initiated by GREYNJ UNITED agency which was presented on MACO’s large-format billboard was granted Gold award from ADFEST 2018 TRANSFORM in Best use of Billboard & Street Furniture, Large/Highway

%) Earnings Per Share (Baht per share) 2.47 3.37 36% 8.07 5.84 (28%) 3 Sales and Revenues Structure for the 1H/2023 - Credit Card For 1H/2023 financial results, credit card turnover accounted 69% of total

218 171 (22%) 815 550 (33%) Net profit for the period 842 706 (16%) 3,122 2,165 (31%) Earnings Per Share (Baht per share) 3.37 2.82 (16%) 12.49 8.66 (31%) 3 Sales and Revenues Structure for the 9M/2023

Share (Baht per share) 4.38 55% 15.26 13.04 (15%) 14.84 13.01 (12%) 3 Sales and Revenues Structure for the Fiscal Year 2023 - Credit Card For the fiscal year 2023 financial results, credit card turnover

161 132 (18%) 132 111 (16%) Net profit for the period 617 524 (15%) 670 591 (12%) Earnings Per Share (Baht per share) 2.47 2.10 (15%) 2.68 2.36 (12%) 34% 36% 34% 47% 45% 45% 5% 5% 5% 14% 14% 16% 0% 20

share the financial burden of our customers by waiving the Thai Credit Guarantee Corporation (TCG) guarantee fee for four years under the “Portfolio 13 Guarantee Scheme” to lessen our customers’ business

Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges

was thus reduced to 29% in 2019 as compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive pricing which impacted the EBITDA adversely