% decrease from the same period last year. This was the result from the cessation of the subsidiary’s business operations. 2. Other Income 22.85 Million Baht, increase 17.10 million baht from the same period

Executive Directors agreed with the company to access the connected transaction as detailed above because it is reasonable normal business transaction. Yours sincerely, Mr. Praphad Phodhivorakhun Chairman

(ฟิลิปปินส์) จ ากดั ("AEON Systems") ภายในเดือนสิงหาคม 2562 (ภายหลงัจากได้รับอนมุตัจิากท่ี ประชมุคณะกรรมการบริษัทฯ) 1.2 Business Administration Agreement บริษัทท่ีเก่ียวโยงกนั วนัท่ีท ารายการ บริษัท อิออน ไฟแนน

machinery, molds and equipment for Hwa Fong Rubber (China) Co., Ltd. “HFC”. For the reasons mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the

business in Quarter 2 is traditionally softer compared to Quarter 1 and 4 due to low tourist arrivals in Phuket during this time of the year. Total revenue for the three-month period decreased by Baht 217

% decrease from the same period last year. This was the result from the cessation of the subsidiary’s business operations. 2. Other Income 4.23 Million Baht, decrease 11.25 million baht from the same period

mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no different opinion from the Board. Please be

million, which increased by 16% compared to the same period of last year. Mainly from increased advertising revenue from TV business since the Group has reformed the broadcasting program and modified the

of last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business

decorating, moving, including the continuity of business operations due to the main office is located at the same building that the company rent. For your acknowledgment Yours sincerely, - Signed by – (Miss