Microsoft Word - Financial conclusion Q1 2018(10.5.2018) Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation International Edutainment Public Company

Ref Ref. 2S_BoD017/2019 November 13th, 2019 Subject: Clarification of the change in operating result more than 20% To : The president The Stock Exchange of Thailand The Board of Directors’ meeting of

development of the waste disposal for approximately 15 days at Map Ta Phut facility and the change in the waste treatment procedures at Samaedam facility. These two factors directly affect the delay in some of

revenues growth at 36.5% and net profit growth at 28.9 which is in line with the Company’s target Q3/2019 Q3/2018 Change 9M/2019 9M/2018 Change MB MB % MB MB % Services income from debts collection and

is equal to 14.3%, which changed in the same direction of revenue. The major change was due to increasing of marketing and promotion expenses such as online advertisement and media, rental expenses and

December and the fourth quarter of 2019) Performance Analysis Unit : MB Y2019 Y2018 Change MB % Net sales 1,001.58 1,057.38 (55.80) (5.28) Other income 41.40 47.74 (6.34) (13.28) Total revenues 1,042.98

August 11,2010 May 11, 2017 Re : Clarification on percentage of change more than 20% in Q1/2017 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales The Company's revenue

2,097.62 1,600.35 Selling & Administrative Expense 127.83 116.99 Finance Costs 24.24 22.96 Net Profit 101.40 (18.95) Earnings per share (Baht) 0.25 (0.047) The company will explain the cause of change as

decreased from the same period last year more than 20% as follows: 1. Operating Results Q2 Q2 Change 6 months 6 months Change Unit : Million baht 2016 2017 Amount % 2016 2017 Amount % Revenue from sales

, 2017 which decreased from the same period last year more than 20% as follows: 1. Operating Results Q2 Q2 Change 6 months 6 months Change Unit : Million baht 2016 2017 Amount % 2016 2017 Amount % Revenue