“After You” and “Maygori” brand • Take-home product sales from store fronts and “After You Marketplace”, as well as orders through food delivery services (portion of In- store sales : Take-home product

Dessert Café Non-Café Catering / Pop-up Franchise Fee* • In-store menus sales across 41 outlets under “After You” and “Maygori” brand • Take-home product sales from store fronts and orders through food

product sales from store fronts and “After You Marketplace” as well as orders through food delivery services (portion of In- store sales : Take-home product sales in 2020 approx. 57%:43%) • Sales of

external fronts that may affect exports and tourism, and the recovery of domestic demand was not yet sufficiently broad-based. Meanwhile, financial stability remained sound. In this light, monetary policy

benefit from structurally improving margins and capturing the volume opportunities. IVL has achieved notable progress on multiple strategic fronts and is increasingly well positioned to deliver sustainable

uncertainties on various fronts. These include domestic and international conflicts, the UK’s exit from the EU, and changing US government policies. These events were accompanied by the depreciation of the US