May 15,2018 Dear Director and The Manager of SET Re: Operating Performance’s Summary of Q1/2018 The Company has sales equivalent for the 1st quarter of last year amount to 326.04 million Baht. It has

-63.31 10.39 -65.55 -20.34 -31.26 10.92/1 -34.93 Note /1 Net loss increased compared to the same quarter of prior year by Baht 10.92 million or equivalent to 34.93% /2 The previous branches total 20

/A N/A N/A N/A Not applicable because this is the disposition of assets. 3. Total value of consideration Total amount paid/ total assets of the Company 1,200,000 / 32,422,627 Equivalent to 3.70

or equivalent to 50 percent of paid-up capital of UBM + VH Hotels GmbH (“UBM JV”) from UBM hotels München GmbH (“UBM Hotels”) at a total selling price of EUR 2,650,000 (or equivalent to Baht

agencies evaluate the effectiveness of a law at least every five years from the effective date of the law or every other periods as specified in the governing ministerial regulations or upon occurrence of

(loss) 0.07 0.02 0.93 0.27 -0.86 -92.55 Net profit (loss) -60.55 -15.03 -81.60 -23.30 21.05/1 -25.80 Note /1 Net loss decreased compared to year 2016 by Baht 21.05 million or equivalent to 25.80% /2 The

) -14.88 -14.00 -15.41 -17.02 0.53/1 -3.44 Note /1 Net loss increased compared to the same quarter of prior year by Baht 0.53 million or equivalent to 3.44% /2 The previous branches total 21 branches have

equivalent to any of the above regardless of the title, and includes any person who has authorization under an agreement, whether fully or partially, to manage; “affiliate” means an affiliated company as

million Baht had increase 35 Million Baht equivalent 83% from the same period of previous year. Therefore the company would like to clarify that the change was caused mainly by the significan transaction as

-100 Net profit (loss) -10.30 -15.85 -23.91 5.55 -35.02 13.62 -56.96 -41.57 -56.85 15.28/1 -26.88 Note /1 Net loss decreased compared to the same quarter of prior year by Baht 15.28 million or equivalent