1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654

33.9 mil. baht to 27.1 mil. baht due to no income from Bangna warehouse in which the process of getting new tenant is in progress. Dividend income from investment and interest income maintained at the

Exchange Commission (“SEC”), has already registered its dissolution with the Business Development Department, the Ministry of Commerce, on August 31, 2016 and the end of liquidation process on June 27, 2017

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

(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

with the following information. Transaction Date : 11 December 2019 Acquisition by : S Residential Development Co., Ltd. (the subsidiary company with 99.99% share held by the Company) Transaction Detail

Administration Expenses Selling and administration expenses in Year 2018 increased by Baht 49.0 million or 7.4%, as result of human resource and IT system development and internal control of subsidiaries

Expenses Selling and administration expenses in Quarter 2/2018 increased of Baht 11.8 million or 7.2%, as result of selling deposits for land expenses, training and system development expenses. Other

/2017 due to increasing of feed cost. Selling and Administration Expenses Selling and administration expenses in Quarter 3/2018 increased of Baht 7.5 million or 4.5%, as result of IT system development

represents decreasing of 6 Million Baht (122%) from Q3/2017. The main cause for the lower net profit are occurred from increasing of selling and administration expenses, and loss on foreign exchange rates