. Excluding the consolidation of our Outdoor and Digital Services business, our revenue improved organically by 19.8% against a backdrop of double digit decline in overall advertising spending. Despite the

summarized below; Million Baht Consolidation Method The Company Q3’2020 Q3’2019 Different Q3’2020 Q3’2019 Different Sales and service income 676 948 (272) -29% 494 782 (288) -37% Cost of sales and services

, cost and expenses after the consolidation of Multi Sign Company Limited (“Multi Sign”) made in October 2016, which consequently led to an increase in the mentioned items compared to the same period last

2017 PERFORMANCE ANALYSIS (YoY) In 3Q 2017, the Company once again achieved an outstanding top and bottom line performance compared to the same quarter last year supported by; 1) The consolidation of

consolidation of Rabbit Group under the common control basis. 1Adjusted for share of investment in JV and associates before tax. 2As shown in financial statement, excluding minority interest. 3Net profit excluded

2017/18. The increase was mainly driven by encouraging growth in the Out-of-Home media sector as well as the consolidation of Trans.Ad Solutions Company Limited and Roctec Technology Limited

P&L SNAPSHOT CONSOLIDATED P&L SNAPSHOT * The Company restated the financial performance from 26 January 2017 after the consolidation of VGM under the common control basis. 2018 PERFORMANCE ANALYSIS

abovementioned consolidation. Cost from Trans.Ad Group are naturally higher from computers, software and installation expenses than MACO’s core business in media. Selling, general and administrative expenses (“SG

, PBSB is now a subsidiary of MACO, and the consolidation of its financial performance has also begun in this quarter. INDONESIA – GENERATING PROFIT SINCE THE FIRST COMMERCIALISATION IN APRIL 2019