after testing the market with the “Pop-up Store”. In addition, the Company plans to open 5 more After You dessert store by 2022 namely Terminal 21 Rama 3 branch, Queen Sirikit National Convention Center

has a total of 51 operating branches, including 11 new branches comparing to December 31 2021 which consisting of 6 new dessert cafés and 5 new AU marketplace. In addition, by mid 2023, the Company

addition, there was also an increase in revenue from the Hong Kong dessert café franchise. • Revenue from Catering and Pop-Up in 1H/2022 was THB 31 million, increased by THB 5 million or 19% from 1H/2021 due

%) Net Profit (Loss) Margin 1 (%) 14.5% 14.2% (0.3%) 11.3% 13.5% 2.2% Number of After You dessert café branches as of 30 June 43 55 27.9% 43 55 27.9% • After You Public Company Limited (“the Company

from fresh fruit in Luggaw stores across 5 branches • Sale of raw materials to Mikka Café franchisees in Thailand and After You Dessert Café in Hong Kong. • OEM/Food Manufacturing under the Company’s

%) Net Profit (Loss) Margin 1 (%) 13.3% 14.6% 1.3% 12.4% 14.5% 2.1% Number of After You dessert café branches as of 31 Dec 51 60 17.6% 51 60 17.6% • After You Public Company Limited (“the Company

bakery business. The Company divides its business into 4 categories as follows: Analysis of Statement of Income 93% 2% 5% 0.2% Operating Revenue in Q1/2020 Dessert Café Non-Café Catering / Pop-up Franchise

branches in the next 3-5 years Mikka Café Branch Expansion Opportunity Enhancement Through International Expansion • Plan to start operation of dessert café in Hong Kong during early 2022. Currently, the

expenses and rental fees of dessert café, corresponding to the increase in the number of branches. • Selling Expenses to Total Revenue in 9M/2023 was 30.2%, similarly to 30.3% in 9M/2022. 5 Unit: THB Million

-Growth (SSSG) 4.2 % (3.4 %) (7.6 %) (5.0 %) 8.9 % 13.9% 230 266 292 294 259 4.2% 11.7% 16.4% 13.3% -3.4% Q4/18 Q1/19 Q2/19 Q3/19 Q4/19 Revenue from Dessert Café Same-Store-Sales-Growth (%) +11.6% 5 • In