to register the trademark(s) used for its business operations to the Department of Intellectual Property, the Ministry of Commerce and deliver evidence of registration to the Company within 24 month

the actual charge will be subject to the employee’s headcount and actual expense. 7.1.3 Consultant Service transaction 1. Contract Date: January 1, 2019 - December 31, 2019 2. Partners of Contract

. Due to the increasing of employee’s expenses & compensations, audit fee, consulting fee and advertising expenses. Including, public relationship expense for IPO’s activities on January 2019. 4

analysis for Quarter 1’ 2020 5 / 7 Allowance for Doubtful Debt followed to TFRS 9 Financial Instrument and increased from employee’s salaries base. 3.4 Operating results The Group's net loss was increased

impacted by recorded of accrued payable for labor regulation amendment, in which the maximum severance pay rate is amended from 300 days to be 400 days of the employee’s latest wage rate for an employee who

register the trademark(s) used for its business operations to the Department of Intellectual Property, the Ministry of Commerce and deliver evidence of registration to the Company within 24 month from the

million baht for the nine- month period. A significant increase resulted from the new Labor Protection Act reflecting past cost related 19 ASIA’S BOUTIQUE AIRLINE to employee benefits in income statement

amounting to THB 91 million, which are consist of accrued payable for labor regulation amendment of the employee’s latest wage rate for an employee who has worked for 20 consecutive years or more, the

expenses of the Company during this period increased by 6.1 percent mainly from higher average market fuel price and additional cost related to employee benefits according to new Labor Protection Act The

) NFS 2Q2019 Justification and Necessity Year 2018 The six-month period of year 2019 1. Mrs. Amara Leelawat Rental Expense for employee’s dormitory Dormitory Rental Expense Outstanding of Payables at the