and the result of economies of scale. G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : • The Company’s EBITDA in Q3/2023 and 9M/2023 were THB 111 million and THB 288 million respectively

was 64.8%, increased from 63.1% in 2022, mainly due to the increase in the revenue from dessert cafés as well as the Company's ability to manage costs effectively. G R O S S P R O F I T a n d G R O S S

increase in production volumes resulting in economies of scale. G R OS S P R O F I T a n d G R OS S P R O F I T M A RG I N : Q 3 / 2 0 2 4 K e y F i n a nc i a l H i g h l i g h t s 1 1EBITDA Margin and Net

2.0% in the same period of 2021. ▪ Franchise Fee Income decreased by THB 2.7 Mn or 15.6%. This decrease was mainly due to a decrease in royalty and marketing fee income collected from franchise branches

Q1/2020 due to higher franchise royalty fee from Mikka Café as a result of franchise expansion. Q1/2021 vs Q1/2020YoY Revenue Q1/20 Q1/21 Change +/(-) (THB million) YoY Revenue from Dessert Café 204

Pathana Inter-Holding Plc. A - Royalty fees expenses - Utility charges expenses - Immovable property rental expenses 0.02 9.25 0.37 0.00 1.89 0.06 2. Eastern Thai Consulting 1992 Co., Ltd. B - Utility

in OOH media, payment system and CRM royalty programme business in Indonesia. November • Received the approval to renovate street furniture media on BTS columns by the Bangkok Metropolitan

from “After You” Hongkong, Initial franchise fee and royalty fee from “Mikka” sales • *Actual franchise fee recognized in Q3/2020 was THB 0.75 million Management Discussion & Analysis Q3/2020 • Revenue

in Q2/2021. R E V E N U E : G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : E B I T D A a n d E B I T D A M A R G I N : N E T P R O F I T a n d N E T P R O F I T M A R G I N : Executive

the recognition of net loss in Q2/2021 and Q3/2021. R E V E N U E : G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : E B I T D A a n d E B I T D A M A R G I N : N E T P R O F I T a n d N