and having desserts. In addition, the increase was also due to the growth in the number of branches and the recovery of incoming tourists. R E V E N U E : • The Company’s Gross Profit in Q2/2022 and 1H

traditional Thai desserts, which gained popularity in this past period. From the reasons mentioned above, in 2019 there are a total of 3,247 new players in Thailand's pastry and bakery industry or an increase

eating-out and having desserts. The increase was also due to the growth in the number of branches and the recovery of incoming tourists. R E V E N U E : • The Company’s Gross Profit in Q3/2022 and 9M/2022

incoming tourists due to the relaxation of government measures against COVID-19, as a result more customers are eating-out and having desserts. R E V E N U E : • The Company’s Gross Profit in Q4/2022 and

In-store sales : Take home product sales approx. 65%:35%) • Sales of beverages and desserts across 3 company-owned outlets under “Mikka” brand • Finished or intermediate products, which can be

sales approx. 57%:43%) • Sales of beverages and desserts across 11 Company-owned outlets under “Mikka” brand • Finished or intermediate products, which can be categorized as follows: • Online sales and

valuation based on the Precedent Transaction Comparable are as follows: Peer Companies on the Stock Exchange of Thailand : Businesses in relation to restaurants, desserts, bakery and beverage which are being

branch and orders through food delivery services (portion of In-store sales : Take home product sales approx. 28%:72%) • Sales of beverages and desserts across 4 company-owned outlets under “Mikka” brand

delivery services (portion of In-store sales : Take home product sales approx. 65%:35%) • Sales of beverages and desserts across 11 company-owned outlets under “Mikka” brand • Finished or intermediate

beverages and desserts across 12 company-owned outlets under “Mikka” brand • Finished or intermediate products, which can be categorized as follows: • Online sales and Head office pick up • OEM/Food