expenses from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The Company has no interest-bearing debt. Significant Events Financial Performance Management Discussion & Analysis Q1

5.71 million ( -6.89%) from the payment of building rental and vehicle leases per contract term, ( 2) a decrease in long- term borrowings from the financial institution of THB 1. 80 million ( - 12. 20

Reporting Standards 16 Leases (TFRS 16). The Company has no interest-bearing debt. Unit: THB Million 31 Dec 23 30 Jun 24 -5.3% -5.3% Slide 1 Slide 2 Slide 3 Slide 4 Slide 5 Slide 6 Slide 7 Slide 8

773.2 363.4 88.7% Leases liabilities (net) 34.0 34.7 0.7 2.1% Debenture (net) 389.3 389.8 0.5 0.1% Deferred tax liabilities (net) 221.1 254.5 33.4 15.1% Derivative liabilities 10.8 - (10.8) (100.0%) Other

interest expenses from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The Company has no interest-bearing debt. Unit: THB Million 31 Dec 23 30 Sep 24 +2.4% +2.4% Slide 1 Slide 2

236.4% Long-term loans from financial institutions 5,222.0 7,088.2 1,866.2 35.7% Trade and other payables 409.8 644.7 234.9 57.3% Leases liabilities (net) 34.0 35.6 1.6 4.7% Debenture (net) 389.3 390.1

payments made for building and vehicle leases in accordance with the contracts. Additionally, the non-current provision for employee benefits increased. Shareholders’ equity As of September 30, 2024, the

million, then less with Accumulated depreciations of Baht 6 million. Right-of-use assets – net Baht 22 million, due to the recognition of lease liability upon initial application of TFRS16 Leases at January

AHS’ contribution and new operating leases signed under Vienna House. All-in-all, total number of keys under U City stood at 26,997 keys. Overall ADR, Occupancy rate and RevPAR of our hotels stood at

Availability Credit in 2018 compared to that of 2017, as specified in the Power Purchase Agreement. 2.6 Revenue from Finance Leases Contracts Revenue from finance lease contracts for the year 2018 was Baht