13.5% to THB 44mn • Dividend payment of 0.02 per share to be paid on 17 May 2019 KEY BUSINESS UPDATE THAILAND • MACO has completed the digital installation of its street furniture media at 23 BTS

Street Furniture media under 22 BTS stations allowing MACO to offer higher visual impact advertising and more creative content for brands. Street Furniture media has already started commercialisation in

(ii) rental income growth of 9.9% YoY or THB 16mn from 33 Gracechurch Street office building, being partially offset by lower revenue of THB 2mn from Underwood Street office building (THB 6mn in the

DISCUSSION & ANALYSIS 3Q 2017 20 OCT 2017 172 80 92 199 108 91 262 173 89 Operating Revenue Billboard Street Furniture 3Q 2016 2Q 2017 3Q 2017 3Q 2017 CONSOLIDATED P&L SNAPSHOT CONSOLIDATED P&L SNAPSHOT 3Q

contribution of TST Tower of THB 30mn and (ii) rental income growth of 3.2% YoY or THB 1mn from 33 Gracechurch Street office building, being partially offset by no revenue from Underwood Street office building

AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 181 91 90 190 102 88 199 108 91 Operating Revenue Billboard Street Furniture 2Q 2016 1Q 2017 2Q 2017 2Q 2017 CONSOLIDATED P&L SNAPSHOT

Billboard initiated by GREYNJ UNITED agency which was presented on MACO’s large-format billboard was granted Gold award from ADFEST 2018 TRANSFORM in Best use of Billboard & Street Furniture, Large/Highway

the asset manager for all Master Ad Public Company Limited’s (“MACO”) domestic Outdoor media, including Static and Digital billboards and Street Furniture media (BTS Columns and flyovers); while MACO

the contribution of TST Tower of THB 6mn and the increase in rental income of Gracechurch Street office building. Other income grew 16.8% YoY or THB 21mn. The growth in other income was primarily from

result of the contribution of TST Tower of THB 28mn and higher revenue from 33 Gracechurch Street office building of THB 19mn. Other income grew 111.0% YoY or THB 92mn. Higher other revenues (which