operational systems to scale up franchise operations, while the franchise opportunities are expected to be ready by end of May 2020. Q1/2020 Management Highlights Cost-saving initiatives have been carried out

revenues. Due to investments in operational improvements and upgrading material management practices in 2017 key input material costs per ton of lime reduced, while fuel prices were up 33% vs Q4 2016

future. The new preventive measures will also come with traceability, enhancing the ability to trace back the route of the product. At the current stage, the Company is working on process improvement

cities, which were largely penetrated. Operational Summary In 4Q17, AIS continued to focus on acquiring quality postpaid subscribers through selective smartphones offerings along with prepaid to postpaid

(82) 3,242 3,420 (178) 76.9% 74.2% 2.7% 2,492 2,536 (44) Total Operational 11,749 9,875 1,874 2,931 3,001 (70) 72.1% 68.8% 3.3% 2,114 2,065 49 Hotels in Pipeline 20,037 17,122 2,915 Grand Total 31,786

amount. On the other hand, the corporate income tax burden of Golden Lime and its subsidiary has increased due to better operational performance, especially in the non- BOI segments: sales and engineering

loss: net loss of 2020 decreased by 61.52% YoY. Net loss attributed to owners of the parent was THB 310.61 million, dropped by 61.24% YoY. The crucial turnaround was the business operational

previous year. It is because the operational performance is more or less similar to that of the previous year. The year 2018 is the Year of Change. The Company is changing all the aspects of the operation in

the current circumstance, therefore has since adjusted the marketing strategy of the Company and the Subsidiary Company to focus tourism in Thailand in order to be able to reopen Phuket Fantasea on the

, quite similar to Integrated PET, and will propel us towards our aspirations in a prudent manner. The transaction will broaden IVL’s expertise in operational excellence, global scale, differentiated