an increase by 5.4%, primarily due to THB 11,000 million in loans drawn down primarily to fund our investment with Grab, Inc. in Thailand and our consolidation of Nguyen Kim. 3. Total equity as of

contributed operating revenue of THB 4,600mn, an increase of 67.4%YoY or THB 1,852mn; (ii) consolidation of income generating assets and management income from the EBT of UE since 16 March 2018, whose revenue

Consolidation method The Company Q3/2019 Q3/2018 Different Q3/2019 Q3/2018 Different Sales and service income 948 872 76 9% 782 752 30 4% Cost of sales and services -719 -672 47 7% -610 -610 - - Gross Profit 229

of 30 Sep 2020, the Company and its subsidiaries reported total assets at Baht 55,776 million, increase of Baht 9,818 million or 21.4% from those of 31 December 2019. Some changes in key assets are

Business Segment Selling and administrative expenses (including research and development) totaled 2,731 million baht an increase of 32.1% from those of the same period last year and 9.9% from last quarter

ratio increased from 65.6% to 76.0% in 3M 2020. The increase in cost-to-sales ratio was mainly driven from the full-quarter consolidation of International Advertising segment. VGM’s cost structure is

benefited from the Outdoor media segment, which saw extraordinary growth of 74.3% YoY, or THB 408mn reaching THB 958mn in 2017/18. The increase was mainly due to the full year consolidation of MACO starting

completed. 3Q 2019 PERFORMANCE ANALYSIS (YoY) In 3Q 2019, the Company’s Operating revenue was THB 748mn, an increase by 54.0% YoY from the first consolidation of International Advertising operated by VGI

ended 31 March 2020, compared to the same period of the previous year as follows Company performance For the period ended March 31, 2020 Million Baht Consolidation method The Company Q1’2020 Q1’2019

margin dropped from 7.6% in the same quarter last year to 4.3% following the increase of Cost of Goods Sold as mentioned earlier. Net profit in this quarter is Baht 857 million, 20.9% drop from the same