% 100.0% 100.0% PERFORMANCE ANALYSIS (3Q 2019/20 vs 3Q 2018/19) OOH media segment Transit media segment Office and Other media segment Outdoor media segment Digital Services segment cost of sales gross

(Seven hundred sixty-one million three hundred eleven thousand two hundred and eleven baht). The sale of Shares and the transfer of claims in relation to the Outstanding Loans as mentioned above the

by OOH media and digital/online spending in the near future. Our media portfolio covers all forms of OOH advertising such as Transit, Outdoor, Office Building, Aviation and Activation, altogether

1 MD&A 3Q 2017 (Ended 30 September 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2017 20 OCT 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS The popularity of outdoor media has

– STRENGTEN DOMESTIC OUTDOOR MEDIA  On 30 October 2019, the Board of Directors approved the acquisition of 50.0% in Hello Bangkok L E D Company Limited with a total investment of THB 1,950mn and an issuance of

segment Transit media Office and Other media segment Outdoor media segment Digital services segment cost of sales gross profit gross profit margin VGI PUBLIC COMPANY LIMITED Selling, general and

/ SERVICES 7 EEC CUSTOMIZED Taxes and duties • Corporate Income Tax exemption • Customs Duties exemption Non-tax • Ownership of Land and Condominium • Long-Term Land Lease (50+49 https://www.sec.or.th/TH

of outlets of All Café (a fresh coffee corner within the 7-Eleven store) where the non – coffee products and series of new seasonal flavors were sold and, (C) Licenses fee of the Characters Business

the TV sector and traditional media have been in decline and is expected to be surpassed by OOH media (Outdoor, Transit and In- store media) and digital/online spending in the near future. Master Ad

The second quarter of 2018/19 (ended 30 September 2018) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 BUSINESS HIGHLIGHTS IN 2Q 2018/19  Revenue was THB 1,208mn, an