environment During the second quarter of 2019, the growth momentum for the Thai economy slowed down from both the domestic and external demand. Private investment contracted both in investment in construction

contracted 5.3% as a result of the continuing decline in global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China, the down-cycle of electronic

result of the continuing decline in global demand from the slow economic growth of trading partners, the protectionist trade policies between the US and China, the down-cycle of electronic products and

total consolidated revenue of THB 2,233mn in 2Q 2019. This represented an increase of 29.8% YoY or THB 513mn from the same period last year. The revenue growth was predominantly attributed from an

shares of Co-Mass Company Limited (“COMASS”) with total investment of THB 160mn, thereby increasing MACO’s stake in COMASS to 100.0%. As a result, MACO fully controls COMASS, allowing us to utilise

40,910,418,544 = 27.07 percent Page 9 of 18 4. Comparison of value of securities issued as Consideration Transaction size = Number of shares issued as consideration ×100 . Total number of issued and paid-up shares

% 0% 2,439 2,354 (3%) EBITDA 1,056 915 1,101 20% 4% 2,095 2,016 (4%) EBIT 743 600 778 30% 5% 1,470 1,378 (6%) Shares of profit of associates and joint ventures 89 111 110 1% 24% 175 221 26% Net profit

3,552 2% EBITDA 870 1,101 1,034 (6%) 19% 2,965 3,049 3% EBIT 554 778 704 (10%) 27% 2,024 2,081 3% Other non-operating income and expenses 297 136 342 151% 15% 567 674 19% Shares of profit of associates

: Kitchen Plus 999 Co., Ltd. Relationship with the Listed Company : The Seller is a limited company incorporated under Thai laws, whose shares are held by three individual shareholders, all of whom are

the highest growth at 8.6 percent, followed by Europe, and Latin America, accounting for 6.6 and 6.2 percent respectively. In addition, worldwide capacity growth, or available seat kilometers (ASK