te m en t Unit : Million Baht 2018 2019 Change (+/-) Q4/18 Q3/19 Q4/19 Change (+/-) • There is no substantial change in cost of goods sold comparing between 2018 and 2019. The cost of goods sold is

/4) of the total number of votes of shareholders who attend the meeting and have the right to vote: A. The sale or transfer of the whole or substantial part of the businesses of the Company to other

substantial part of the businesses of the Company to other persons; B. The purchase or acceptance of transfer to the Company of businesses of other public limited companies or private companies; (Translation) 7

transaction class under the Notification of the Capital Market Supervisory Board No. Tor Chor. 20/2551 Re: Rules for Entering into a Substantial Transaction Classified as an Acquisition or Disposal of Assets

0.3x due to the substantial loan repayment. As a result, debt service coverage ratio improved. In respect of liquidity ratio, trade receivable day deteriorated from 70 days to 75 days yoy. This was

) respectively which were equivalent to the rate of net profit(loss) at (1.42) and (7.30) % of the total income of the Company respectively. The main factor which resulted in a substantial difference between the

and 1.58 % of the total income of the Company respectively. The main factor which resulted in a substantial difference between the net profit(loss) and the rate of net profit (loss) in the 3rd quarter

, representing a substantial increase of 68.7% Q-o-Q and 58.2% Y-o-Y. The strong performance was the result of better efficiency, revenue growth and effect of the Thai Baht depreciation, whereas the gross margin

due to the COVID-19 epidemic which has resulted in a substantial decrease in the number of tourist arrival in Thailand. As a consequence, the occupancy rate in the second quarter of 2020 decreased

profit in 2Q20 totaled Bt129.7 million (excluding a gain on foreign currency exchange rate and an impairment loss), representing a decline of 62.6% Q-o-Q and 38.4% Y-o-Y. The substantial decrease in