according to criteria for assets appraisal with Replacement Cost method. 8. Benefit Expected to Gain by the Company The Company expects such Franchise acquisition shall enable to generate income and profit to

to core business of the Company. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads

2,001 1,322 -11% -34% Admin and others 4,119 5,437 4,568 11% -16% Operating profit 9,410 10,205 12,529 33% 23% Net foreign exchange gain (loss) 62 412 -198 -417% -148% Other income (expense) 133 282 414

) -6.7% Profit attributable to Owners of the Parent 424.2 716.2 -40.8% Foreign Exchange Gain (Loss) 94.6 250.6 -62.2% Adjustments of Revenue Levelization (TFRS 15)5 (64.6) 0.0 N/A Normalized Profit

Summary of operating results. For the year ending 31 December 2018, the Company had net profit amounting 103.65 million Baht, profit increased 67.43 million Baht compared to the year 2017 having a net

% per year. Profit In 2018, EBITDA was Bt73,792mn, increasing 4.7% YoY due to the improved operational results from both service revenue growth and cost optimization. Reported EBITDA margin was 43.4

investment of these two subsidiaries and realized gain from joint venture investment in totaling of 8,856.6 Million Baht. As a result, the Company recorded net profit of 5,492.5 Million Baht PAGE INDEX

with business reorganization in order to enhance corporate efficiency and growth contributing to favourable operating results by achieving gross profit margin and EBITDA since Q1-2020. UWC Group’s

% Gain / (Loss) on Foreign Exchange (7,005) (10,201) 3,196 (31.33%) In overall, the Company and its subsidiaries had a net profit in Q2/2020 of 30 . 6 MB with increase of 2.4 MB or 8.46 percent, when

recognized share of profit from associated companies of Baht 10.85 million in 2017. 2. Total expenses decreased of Baht 21.78 million or 40% mainly from employee benefit expenses, consulting fee and recognized