789 214 268.7% 3,005 2,834 6.1% Key Ratios (%) Gross profit margin 34.5% 32.7% 1.8% 32.4% 33.0% -0.6% SG&A to net sales ratio 21.1% 26.7% -5.6% 20.4% 20.1% 0.3% EBIT margin 16.5% 7.4% 9.1% 15.2% 14.7

Considering inventories that are 5 years or older and considering the inventories. New policy Inventory from 1 year and above and Inventory turnover. Less than or equal to 30 percent 4. Financial Ratios Include

% 26.6 62.3 -57.4% Profit for the period 793.7 905.6 -12.4% 2,265.6 2,701.0 -16.1% Profit attributable to owners of the parent 771.9 886.4 -12.9% 2,216.3 2,620.2 -15.4% Key Ratios (%) Gross profit margin

and Baht 1,631.36 million, respectively. The company’s financial ratios as of June 30,2020 and December 31,2019 consisted of liquidity ratios of 0.63 times and 0.67 times, debt to equity ratio of 1.19

capital-Paid million baht 1,247 1,247 1,247 Key financial ratios Liquidity ratios Current ratio times 2.99 3.07 3.09 Quick ratio times 2.04 2.22 2.35 Cash ratio times 0.45 0.37 0.38 Receivable turnover

2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 KEY FINANCIAL RATIOS 1 Excludes the impacts of COMASS’s statement of financial position consolidation 2 Calculated from operating

of THB 13mn. 5 MD&A 3Q 2017 (Ended 30 September 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 3Q 2017 20 OCT 2017 NINE-MONTH CASH FLOW SNAPSHOT KEY FINANCIAL RATIOS 1 Calculated from operating

COVERAGE 7 KEY FINANCIAL RATIOS 1Q 2018 1Q 2019 31-Dec 2018 31-Mar 2019 Profitability Ratios Liquidity Ratios Gross profit 1 (%) 60.5% 33.7% Current ratio (times) 1.5 1.7 Operating EBITDA (%) 32.3% 15.8

& ANALYSIS 1Q 2018 MD&A 1Q 2018 (ended 31 March 2018) 14 MAY 2018 KEY FINANCIAL RATIOS 1 Calculated from operating revenue 2 Net Profit attributable to equity holders of the Company/ operating revenue 3 Net

NOV 2018 KEY FINANCIAL RATIOS 1 Calculated from operating revenue 2 Net Profit attributable to equity holders of the Company/ operating revenue 3 Net Profit (Annualised) / Average Total Shareholders