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Published by event9 Marketing, 2024-06-20 22:24:59

mai Company Snapshot EN 2024

maiSnapshot3M24EN_20240621a

3M/2024 English Edition


1 CONTENTS 24CS TWENTY-FOUR CON & SUPPLY PUBLIC COMPANY LIMITED 5 ADB APPLIED DB PUBLIC COMPANY LIMITED 6 ADD ADDTECH HUB PUBLIC COMPANY LIMITED 7 AF AIRA FACTORING PUBLIC COMPANY LIMITED 8 AIRA AIRA CAPITAL PUBLIC COMPANY LIMITED 9 AKP AKKHIE PRAKARN PUBLIC COMPANY LIMITED 10 APO ASIAN PALM OIL PUBLIC COMPANY LIMITED 11 APP APPLICAD PUBLIC COMPANY LIMITED 12 ARIP ARIP PUBLIC COMPANY LIMITED 13 ARROW ARROW SYNDICATE PUBLIC COMPANY LIMITED 14 ASN ASN BROKER PUBLIC COMPANY LIMITED 15 ATP30 ATP30 PUBLIC COMPANY LIMITED 16 AU AFTER YOU PUBLIC COMPANY LIMITED 17 AUCT UNION AUCTION PUBLIC COMPANY LIMITED 18 BBIK BLUEBIK GROUP PUBLIC COMPANY LIMITED 19 BC BOUTIQUE CORPORATION PUBLIC COMPANY LIMITED 20 BGT BGT CORPORATION PUBLIC COMPANY LIMITED 21 BIS BIOSCIENCE ANIMAL HEALTH PUBLIC COMPANY LIMITED 22 BLESS BLESS ASSET GROUP PUBLIC COMPANY LIMITED 23 BM BANGKOK SHEET METAL PUBLIC COMPANY LIMITED 24 BOL BUSINESS ONLINE PUBLIC COMPANY LIMITED 25 BSM BUILDERSMART PUBLIC COMPANY LIMITED 26 BTW BT WEALTH INDUSTRIES PUBLIC COMPANY LIMITED 27 CAZ CAZ (THAILAND) PUBLIC COMPANY LIMITED 28 CFARM CHUWIT FARM (2019) PUBLIC COMPANY LIMITED 29 CHEWA CHEWATHAI PUBLIC COMPANY LIMITED 30 CHO CHO THAVEE PUBLIC COMPANY LIMITED 31 CIG C.I.GROUP PUBLIC COMPANY LIMITED 32 CMO CMO PUBLIC COMPANY LIMITED 33 COLOR SALEE COLOUR PUBLIC COMPANY LIMITED 34 COMAN COMANCHE INTERNATIONAL PUBLIC COMPANY LIMITED 35 CRD CHIANGMAI RIMDOI PUBLIC COMPANY LIMITED 36 D DENTAL CORPORATION PUBLIC COMPANY LIMITED 37 DEXON DEXON TECHNOLOGY PUBLIC COMPANY LIMITED 38 DIMET DIMET (SIAM) PUBLIC COMPANY LIMITED 39


2 EFORL E FOR L AIM PUBLIC COMPANY LIMITED 40 EURO EURO CREATIONS PUBLIC COMPANY LIMITED 41 FPI FORTUNE PARTS INDUSTRY PUBLIC COMPANY LIMITED 42 FSMART FORTH SMART SERVICE PUBLIC COMPANY LIMITED 43 FVC FILTER VISION PUBLIC COMPANY LIMITED 44 GCAP G CAPITAL PUBLIC COMPANY LIMITED 45 HARN HARN ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED 46 HEALTH HEALTH EMPIRE CORPORATION PUBLIC COMPANY LIMITED 47 HL HEALTHLEAD PUBLIC COMPANY LIMITED 48 HPT HOME POTTERY PUBLIC COMPANY LIMITED 49 ITNS INTERNATIONAL NETWORK SYSTEM PUBLIC COMPANY LIMITED 50 ITTHI ITTHIRIT NICE CORPORATION PUBLIC COMPANY LIMITED 51 JAK JAKPAISAN ESTATE PUBLIC COMPANY LIMITED 52 JCKH JCK HOSPITALITY PUBLIC COMPANY LIMITED 53 JUBILE JUBILEE ENTERPRISE PUBLIC COMPANY LIMITED 54 KJL KIJCHAROEN ENGINEERING ELECTRIC PUBLIC COMPANY LIMITED 55 KK K&K SUPERSTORE SOUTHERN PUBLIC COMPANY LIMITED 56 KLINIQ THE KLINIQUE MEDICAL CLINIC PUBLIC COMPANY LIMITED 57 KOOL MASTERKOOL INTERNATIONAL PUBLIC COMPANY LIMITED 58 KTMS KT MEDICAL SERVICE PUBLIC COMPANY LIMITED 59 KUMWEL KUMWELL CORPORATION PUBLIC COMPANY LIMITED 60 LEO LEO GLOBAL LOGISTICS PUBLIC COMPANY LIMITED 61 LIT LEASE IT PUBLIC COMPANY LIMITED 62 LTS LIGHT UP TOTAL SOLUTION PUBLIC COMPANY LIMITED 63 MAGURO MAGURO GROUP PUBLIC COMPANY LIMITED 64 MBAX MULTIBAX PUBLIC COMPANY LIMITED 65 MGI MISS GRAND INTERNATIONAL PUBLIC COMPANY LIMITED 66 MGT MEGACHEM (THAILAND) PUBLIC COMPANY LIMITED 67 MOONG MOONG PATTANA INTERNATIONAL PUBLIC COMPANY LIMITED 68 MORE MORE RETURN PUBLIC COMPANY LIMITED 69 MTW MAKE TO WIN HOLDING PUBLIC COMPANY LIMITED 70 MVP M VISION PUBLIC COMPANY LIMITED 71 NCL NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED 72 NDR N.D. RUBBER PUBLIC COMPANY LIMITED 73 NETBAY NETBAY PUBLIC COMPANY LIMITED 74 PANEL PANELESMATIC SOLUTIONS PUBLIC COMPANY LIMITED 75


3 PEER PEER FOR YOU PUBLIC COMPANY LIMITED 76 PHOL PHOL DHANYA PUBLIC COMPANY LIMITED 77 PIMO PIONEER MOTOR PUBLIC COMPANY LIMITED 78 PLANET PLANET COMMUNICATIONS ASIA PUBLIC COMPANY LIMITED 79 PPS PROJECT PLANNING SERVICE PUBLIC COMPANY LIMITED 80 PRI PRIMO SERVICE SOLUTIONS PUBLIC COMPANY LIMITED 81 PROEN PROEN CORP PUBLIC COMPANY LIMITED 82 PSG PSG CORPORATION PUBLIC COMPANY LIMITED 83 PTC PREMIER TANK CORPORATION PUBLIC COMPANY LIMITED 84 QTCG QTCG PUBLIC COMPANY LIMITED 85 RP RAJA FERRY PORT PUBLIC COMPANY LIMITED 86 SAAM SAAM DEVELOPMENT PUBLIC COMPANY LIMITED 87 SALEE SALEE INDUSTRY PUBLIC COMPANY LIMITED 88 SANKO SANKO DIECASTING (THAILAND) PUBLIC COMPANY LIMITED 89 SE SIAMEAST SOLUTIONS PUBLIC COMPANY LIMITED 90 SECURE NFORCE SECURE PUBLIC COMPANY LIMITED 91 SELIC SELIC CORP PUBLIC COMPANY LIMITED 92 SFT SHRINKFLEX (THAILAND) PUBLIC COMPANY LIMITED 93 SICT SILICON CRAFT TECHNOLOGY PUBLIC COMPANY LIMITED 94 SK SIRAKORN PUBLIC COMPANY LIMITED 95 SMD SAINTMED PUBLIC COMPANY LIMITED 96 SONIC SONIC INTERFREIGHT PUBLIC COMPANY LIMITED 97 SPA SIAM WELLNESS GROUP PUBLIC COMPANY LIMITED 98 SPVI S P V I PUBLIC COMPANY LIMITED 99 SR SIAMRAJ PUBLIC COMPANY LIMITED 100 SRS SIRISOFT PUBLIC COMPANY LIMITED 101 STC STC CONCRETE PRODUCT PUBLIC COMPANY LIMITED 102 STOWER SKY TOWER PUBLIC COMPANY LIMITED 103 STX STONE ONE PUBLIC COMPANY LIMITED 104 SVR SIVAROM REAL ESTATE PUBLIC COMPANY LIMITED 105 SWC SHERWOOD CORPORATION (THAILAND) PUBLIC COMPANY LIMITED 106 TACC T.A.C. CONSUMER PUBLIC COMPANY LIMITED 107 TBN TBN CORPORATION PUBLIC COMPANY LIMITED 108 THMUI THAI MUI CORPORATION PUBLIC COMPANY LIMITED 109 TITLE RHOM BHO PROPERTY PUBLIC COMPANY LIMITED 110 TM TECHNO MEDICAL PUBLIC COMPANY LIMITED 111


4 TMC T.M.C. INDUSTRIAL PUBLIC COMPANY LIMITED 112 TMI TEERA-MONGKOL INDUSTRY PUBLIC COMPANY LIMITED 113 TMILL T S FLOUR MILL PUBLIC COMPANY LIMITED 114 TNDT THAI NONDESTRUCTIVE TESTING PUBLIC COMPANY LIMITED 115 TNP THANAPIRIYA PUBLIC COMPANY LIMITED 116 TPLAS THAI PLASTIC INDUSTRIAL (1994) PUBLIC COMPANY LIMITED 117 TPS THE PRACTICAL SOLUTION PUBLIC COMPANY LIMITED 118 TQR TQR PUBLIC COMPANY LIMITED 119 TRT TIRATHAI PUBLIC COMPANY LIMITED 120 UBIS UBIS (ASIA) PUBLIC COMPANY LIMITED 121 VCOM VINTCOM TECHNOLOGY PUBLIC COMPANY LIMITED 122 WARRIX WARRIX SPORT PUBLIC COMPANY LIMITED 123 WINMED WINNERGY MEDICAL PUBLIC COMPANY LIMITED 124 WINNER WINNER GROUP ENTERPRISE PUBLIC COMPANY LIMITED 125 YONG YONG CONCRETE PUBLIC COMPANY LIMITED 126 YUASA YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED 127 ZIGA ZIGA INNOVATION PUBLIC COMPANY LIMITED 128


24CS : Twenty-Four Con & Supply Public Company Limited 3M/2024 (Jan - Mar 2024) Business Overview Twenty-four Con &Supply Public Company Limited, the Company is engaged in the business of trading,Installation and maintenance of heating, ventilation and air-conditioning system,electrical system and plumbling system and Energy system which is operated by a team of engineers with experience and expertise that meets the Company's standards. Focus on effective project management within an appropriate budget and deliver work on time to the satisfaction of customers across the country. Otherwises, the Company established a subsidiary that engaged business of selling air conditioners, various electrical appliances. It also provides installation services, repair and air cleaning work for households in Bangkok and its vicinity. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 42.67 299.27 690.27 982.26 Expenses 82.19 291.86 742.76 945.66 Net Profit (Loss) -32.41 5.41 -45.07 24.49 Balance Sheet (MB) Assets 728.05 961.63 758.01 1,018.86 Liabilities 196.46 347.15 194.01 409.79 Shareholders' Equity 531.59 614.48 564.00 609.07 Cash Flow (MB) Operating -193.21 -175.41 -195.06 Investing -0.18 -5.82 -7.47 Financing -4.62 -9.69 364.34 Financial Ratio EPS (Baht) -0.08 0.01 -0.10 0.08 GP Margin (%) -5.87 8.68 1.48 11.09 NP Margin (%) -75.96 1.81 -6.53 2.49 D/E Ratio (x) 0.37 0.56 0.34 0.67 ROE (%) -14.47 3.88 -7.68 6.57 ROA (%) -11.77 3.64 -5.91 5.12 Business Plan The company is committed to being a leader in the distribution of air conditioning and ventilation equipment and contracting for the installation of building engineering systems under a management vision that promotes the company to achieve its highest goal of delivering work that meets international standards such as ISO and can create maximum customer satisfaction. By using the ERP system to manage project work and data collection, the company can achieve maximum efficiency. In addition, the company also has a business plan to expand its work to other related businesses that can generate additional profits for the overall business and also diversify investment risks in a single business. Sustainable Development Plan The company has set a business policy for its mission to become one of the market leaders in the distribution of air conditioning and ventilation equipment and the installation of building engineering systems. The company focuses on sustainable growth and operates on the basis of social and environmental responsibility. This is done through the implementation of a good governance policy that aims to maximize benefits for all stakeholders, including employees, investors, shareholders, customers, partners, communities, and other stakeholders. Business Highlight The Company focuses on being a leading company in the design and installation of engineering systems and building engineering. With standard system construction work and efficient cost management.The Company has also expanded its investment in renewable energy and clean energy. The company signed a contract to sell steam energy, including management and maintenance, for a period of 10 years with a total contract value of 322 million Baht. According to the estimate, the company will start to recognize revenue in the second quarter of 2024.In addition, the company has expanded its investment to the business of selling and installing air conditioners and various electrical appliances to real estate development groups and retail consumers through the company's subsidiaries.In the year 2024, the Company focus on finding more new customers and building a customer base in the clean energy business. Performance and Analysis Business Performance Summary Revenue from construction and rendering service For the three-month period ended 31 March 2024, revenues from construction and service contracts amounting to Baht 18.42 million decreased from the same period of year 2023 by Baht 207.86 million or 92% mainly from several projects were completed during the beginning and the middle of year 2023. Moreover, the Group has delayed accepting new projects because the Group needs to screen work and customers that meet our quality. For the new projects that the Group won bidding are still in the beginning of construction. Revenues from sales of goods For the three-month period ended 31 March 2024, revenues from sales of goods amounting to Baht 23.27 million decrease from the same period of year 2023 by Baht 49.49 million or 68% mainly from the Group sold products to large scale projects from both public and private sectors during the same period of last year. However, in quarter 1 of 2024, the Group sold most of products to small size projects and quality customers. Cost of constructions and services and gross profit For the three-month period ended 31 March 2024, cost of constructions and services amounting to Baht 22.43 million or 122% of revenues from construction and service contracts. The ratio of cost of constructions and services to revenues from construction and service contracts of the first quarter was higher than same period of year 2023 which was 89%. According to revision of budget in the first quarter because of actual cost higher than the estimate due to rising material prices and contractor's wages during the construction period. Cost of sales of goods and gross profit For the three-month period ended 31 March 2024, cost of sales of goods amounting to Baht 21.71 million or 93% of revenues from sales of goods which decreased from the same period of last year which was 99% due to the Group sells to new sectors of customers with higher gross margins than large projects. Key Milestones The Company established a subsidiary to engage in the business of selling air conditioners, various electrical appliances, and the Company has restructured its organization by adding an Energy Business Division to create a strong strategy for the Company. Risk Management Policy The company has a risk management framework in place to achieve its objectives and goals and to provide confidence to investors. The framework consists of the following steps: 1. Risk Identification 2. Risk Assessment 3. Risk Management 4. Monitoring and Review 5. Communication and Awareness Recent Awards and Recognitions - Revenue Structure Revenue from constructions 44% Revenues from sales of goods 56% Stock Information mai / PROPCON Closing price 24CS mai index 3.00 1.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 24CS PROPCON mai P/E (X) - - 109.40 P/BV (X) 1.28 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 722.40 619.20 1,264.20 Price (B/Share) 1.68 1.44 2.94 P/E (X) - - 39.74 P/BV (X) 1.28 1.05 2.11 CG Report: Company Rating: Major Shareholders as of 14/03/2024 นาย ยศวีย์วัฒนธีระกิจจา (24.53%) นาย SANTI MANEEWONG (23.65%) นาง ประไพ วงศ์มาเกษ (6.98%) นาย ธวัชชัย จิรวัฒนอังคณา (6.98%) MRS. LADDAWAN JARUSIRA (5.17%) Others (32.69%) Company Information and Contact http://www.24con-supply.com contact.24con@24con-supply.com 0-2248-1948 89 AIA Capital Center, 9th Floor, Unit 901 Ratchadaphisek Road, Din Daeng, Din Daeng Bangkok 10400 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=24CS Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 14/06/2024 5


ADB : APPLIED DB PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview ADB and its subsidiaries have engaged in 3 Business segments 1) Plastic compound segment, distribute to the industrial sector that use the Company's product to make the electrical wire&cable, and shoe soles. 2) Adhesive segment, distribute to the factories or manufacturers of shoes, furniture, constructions and automotive products. Our products are sold domestically and internationally under the company's brands and also under internationally wellknown customers' brands. and 3) Sealant & DIY segment, Distributor, Cartridge, Bulk for industrial and a DIY for household. are sold domestically and internationally. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 390.50 456.26 1,637.11 2,166.51 Expenses 397.80 467.11 1,666.23 2,155.79 Net Profit (Loss) -4.12 -18.36 -46.71 -6.93 Balance Sheet (MB) Assets 1,411.60 1,698.87 1,410.69 1,626.39 Liabilities 815.11 1,073.50 810.09 982.66 Shareholders' Equity 596.49 625.37 600.60 643.73 Cash Flow (MB) Operating 55.77 118.19 176.96 -116.35 Investing -15.46 -2.71 -10.23 -39.19 Financing -14.89 -22.89 -238.73 195.83 Financial Ratio EPS (Baht) -0.01 -0.03 -0.06 -0.01 GP Margin (%) 11.55 8.83 9.85 9.31 NP Margin (%) -1.05 -4.02 -2.85 -0.32 D/E Ratio (x) 1.37 1.72 1.35 1.53 ROE (%) -5.31 -2.73 -7.51 -1.04 ROA (%) -0.88 0.17 -1.73 0.50 Business Plan 1. Restructure businesses to operate more efficient and precise. 2. Increase the proportion of environmentally friendly products, improve the production process in accordance with the company sustainable policy. 3. Manage production capacity and upgrade machine to automation system. 4. Analyze the feasibility of investing in new businesses and drive growth in new industries. Sustainable Development Plan Business Highlight The Company has restructured businesses by transferring adhesives, sealants and small packaged product (DIY) business to a new subsidiary, ADB Sealant Co., Ltd., for clarity in strategy direction and greater flexibility in business operations that effective from February 1, 2023. Performance and Analysis Business Performance Summary 1. The company's sales revenue of Q1/2024 decreased (66.94) million baht, or (14.75%) compared to the same period last year caused by the decrease in sales of adhesive and sealant product (55.84) million baht, due to the slowdown in demand for goods in the domestic and oversea, price competition and decreased prices of chemical raw materials. The overall sales of compound plastic compound also decreased by (11.10) million baht or -4.73%. 2. In term of revenue by industry, approximately 67.94% of our revenue was classified under the real estate and construction industry, 13.61% under the shoe and leather industry, and 7.38% for the automotive industry, the rest of 11.07% was attributed to other industries. 3. The company's profitability is affected by the fluctuation in prices of chemical raw materials in the world market that tends to increase and rising energy cost, as a result, profit margins for plastic compound products decreased from the same quarter last year. However, prices of raw materials for adhesive and sealant products has decreased and had higher profit margins. Key Milestones • 2017 The company was listed on the mai stock exchange • 2018 Opened the 4th factory to produce silicone sealant products • 2021 Establish a subsidiary, ADB Bio Co., Ltd. to produce and distribute Bio Technology products • 2023 partial business transfer of adhesive, sealant and small packaging businesses to its subsidiary, ADB Sealant Co., Ltd., in order to enhance business competitiveness Risk Management Policy 1. The company focuses on sustainable business development. Our policies include increasing the proportion of environmentally friendly products, providing new product options to customers, and reducing pollutant emission. 2. The company has managed the risk of shortage and fluctuation price of raw material by evaluating the situation with business partners. Meanwhile, we seeked for spare raw material sources from both domestic and overseas. 3. Apply financial instruments to reduce the impact of currency fluctuations such as Natural Hedge, Options and Forward exchange contracts Recent Awards and Recognitions Revenue Structure Plastic Compound Business 58% Adhesive, Sealant&DIY Business 42% Stock Information mai / INDUS Closing price ADB mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 ADB INDUS mai P/E (X) - 22.58 109.40 P/BV (X) 1.21 1.27 2.11 Dividend yield (%) - 2.28 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 726.00 762.30 900.24 Price (B/Share) 1.00 1.05 1.24 P/E (X) - - 107.81 P/BV (X) 1.21 1.25 1.37 CG Report: Major Shareholders as of 07/03/2024 Charoensin Holding Co.,Ltd (20.00%) Thai NVDR Company Limited (10.13%) Mr. Wang Wanapaison (6.89%) SHOWA GLOBAL LIMITED (4.33%) Mr. Pawat Wongtangtrakul (3.70%) Others (54.95%) Company Information and Contact http://www.adb.co.th adb_ir@adb.co.th 0-2709-4040-9 252 Moo 4, Sukhumvit Road, Praksa, Muang Samutprakarn Samut Prakarn 10280 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=ADB Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 16/05/2024 6


ADD : ADDTECH HUB PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Provider of digital content service and digital solution service. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 80.38 65.11 319.66 334.08 Expenses 67.60 62.49 283.51 280.98 Net Profit (Loss) 6.63 2.09 31.16 45.72 Balance Sheet (MB) Assets 635.29 598.42 634.66 606.12 Liabilities 78.39 63.94 84.21 73.57 Shareholders' Equity 553.88 531.03 547.25 528.94 Cash Flow (MB) Operating 33.57 15.64 10.42 60.07 Investing 6.57 -0.06 -174.88 -137.58 Financing -0.75 -0.75 -15.79 -71.18 Financial Ratio EPS (Baht) 0.04 0.01 0.19 0.29 GP Margin (%) 28.40 21.26 25.58 27.90 NP Margin (%) 8.02 2.96 9.62 13.47 D/E Ratio (x) 0.14 0.12 0.15 0.14 ROE (%) 6.58 4.82 5.79 8.48 ROA (%) 6.55 5.01 5.65 8.57 Business Plan The Company aims to be the leader in mobile value-added services business in Southeast Asia and develop various digital platforms for consumers in all aspects of life. The Company focuses on developing more new projects for operators. In addition, the Company will invest in other businesses in the technology sector that can enhance the Company's current business apart from those related to operators to increase the non-operator revenue proportion and reduce the overall risk of the Company. Sustainable Development Plan The Company values business growth under good corporate governance and effective risk management in cooperation with operating with responsibility towards society and environment as well as the value chain by creating technological security for sustainable society and environment, consistent with one of the Company’s missions and stakeholders’ expectations. The Company also places importance on continually increasing efficiency in creating transparency and anti-corruption in business operations, including the introduction of human rights as part of the working principles. Also, the Company has a Carbon Footprint for Organization (CFO) policy in order to be informed of the amount of greenhouse gas emission and absorption of the organization leading to actions to reduce the organization’s greenhouse gas emission in the future. Business Highlight The Company is the leader in the business of supporting digital content services via mobile phones in Thailand with a comprehensive content management platform, information, news and entertainment able to support the transition of a variety of new technologies and continuously expand the scope of service to meet every lifestyle of mobile users in the digital era. Performance and Analysis Business Performance Summary In the three-month period of 2024, the Group had total revenue of approximately THB 80.38 million, with total expenses of approximately THB 67.60 million and net profit of approximately THB 6.63 million. Key Milestones • In 2021, the Company became a listed securities and its first trading day on the Market for Alternative Investment (MAI) was 20 May 2021. • In 2022, the Company invested in other companies as follows: 1. Seven Connect Advisory Co., Ltd., which is an associate company that operates as an advisor in accounting, internal control, business restructuring and preparation for listing on the Stock Exchange of Thailand. In addition, Thai-Thai Engineers Co., Ltd. is a subsidiary of Seven Connect Advisory Co., Ltd. that operates as an environmental consultant providing advice in the process of applying for construction permits for real estate projects. 2. Hyweb Technology (Thailand) Co., Ltd., which is a subsidiary of the Company that operates as a local developer of various solutions together with Hyweb Technology Co., Ltd., one of the leading software developers in Taiwan. • In 2023, the Company invested in other companies as follows: 1. Orisma Co., Ltd., which is an associate company that operates as a holding company. The Orisma group operates as a developer of solutions and applications to support various business operations such as marketing communication, human resource management and personal financial planning. 2. GTI Corporation Co., Ltd., an associate company that operates as a contractor for full range of construction services . Risk Management Policy • Risk from reliance on mobile operators in business operations The Company’s management and employees regularly communicate with operators about operational guidelines and are ready to adjust the operational methods to match with the operational methods of the operators. In the past, the Company has never encountered any serious problems that would affect its business operations. In addition, the Company has invested in other businesses to reduce this risk. • Risk associated with changes in technology and consumer behavior The Company is always aware of the technological and consumer behavior changes in working together with operators to ensure that the Company will be able to develop information technology system to support the operators’ launch of new services continuously. Recent Awards and Recognitions • The Company has been continuously certified by Thailand Greenhouse Gas Management Organization as a Carbon Neutral Company since 2021. Revenue Structure Digital Content Service 75% Digital Solution Service 25% Stock Information mai / SERVICE Closing price ADD mai index 9.00 6.50 4.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 ADD SERVICE mai P/E (X) 28.75 111.30 109.40 P/BV (X) 1.64 2.64 2.11 Dividend yield (%) 3.04 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 896.00 952.00 1,648.00 Price (B/Share) 5.60 5.95 10.30 P/E (X) 28.75 72.26 24.01 P/BV (X) 1.64 1.80 3.09 CG Report: Major Shareholders as of 20/03/2024 Mr. Chawan Boonprakobsap (54.38%) Mr. Sompol Yotviriyapanich (2.93%) Mr. Surakij Sineetanun (2.52%) Bualuang Flexible Retirement Mutual Fund (2.13%) Mr. Tanin Rattanasiriwilai (1.98%) Others (36.06%) Company Information and Contact https://www.addtechhub.com ir@addtechhub.com 0-2835-3957-8 1 Empire Tower, 41st Floor, Unit 4106-7, South Sathorn Road, Yannawa, Sathorn Bangkok 10120 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=ADD Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 24/05/2024 7


AF : AIRA FACTORING PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The company is in the business of providing financial services for businesses. The main transactions are factoring loans (or loans for purchasing and discounting trade receivables). Currently, the company has expanded financial products to meet the financial needs of customers, both in the form of short-term loans for business revolving funds, long-term loans for investment in fixed assets, and support for loans to preserve the environment (Green). Finance) as well as upgrading services in a digital format Collaborate with various allies and partners to develop and expand business opportunities in line with sustainable business practices (ESG) goals. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 62.90 59.39 241.15 226.49 Expenses 27.40 30.57 168.27 127.16 Net Profit (Loss) 12.45 11.89 6.82 45.26 Balance Sheet (MB) Assets 2,399.44 2,307.89 2,504.46 2,384.30 Liabilities 1,854.55 1,770.38 1,972.02 1,858.67 Shareholders' Equity 544.89 537.51 532.44 525.62 Cash Flow (MB) Operating 124.36 122.39 -60.37 -54.14 Investing -0.57 -3.01 -7.84 -1.04 Financing -146.77 -119.97 96.96 24.34 Financial Ratio EPS (Baht) 0.01 0.01 0.03 GP Margin (%) NP Margin (%) 19.79 20.02 2.83 19.98 D/E Ratio (x) 3.40 3.29 3.70 3.54 ROE (%) 1.36 7.92 1.29 8.57 ROA (%) 3.38 4.35 2.98 4.23 Business Plan • Expand the potential customer base through digital channels and business cooperation with business partners. • Increase efficiency in service through electronic channels Sustainable Development Plan 1.) Economic and Good Corporate Governance Dimension 1.1 Increase rate of income growth 1.2 Manage risks to be within acceptable risk criteria 1.3 Develop a variety of financial innovations that are safe in terms of IT Security and maintaining the confidentiality of customer personal information 1.4 Maintain the strength of the financial structure, manage working capital to support future transaction volumes and support the growth of the company 1.5 Develop relationships with customers to increase satisfaction 2.) Social dimension 1.12.1 Strengthen employee engagement with the organization 2.2 Promote a good quality of life for employees, to be safe and to have occupational health 2.3 Develop knowledge and abilities for employees to be able to work more efficiently 2.4 Increase value to the society and give back to the community 3) Environmental Dimension 3.1 Improve digital services to reduce the use of resources 3.2 Support credit for environmentally friendly businesses 3.3 Create awareness of environmental conservation for employees to realize the value of using resources which will affect the environment Business Highlight The company has launched products to support business entrepreneurs who are saving the environment under the "AF Green Project" project. The company will consider providing loans to business entrepreneurs with special interest rate conditions and fees. (lower than normal rate) In May 2024, the company signed MOU with NEC Corporation (Thailand) Ltd. under the Digital Supply Chain Finance Programs to increase access to customers and target groups in expanding the company's marketing. Performance and Analysis Business Performance Summary For an overview of the company's business operations For the three-month period ending March 31, 2024 compared to the same period in 2023. • Total income was 63 million baht, increase of 5.6% from last year. • Net profit was 12 million baht, increase of 4.5% from last year. Key Milestones 2004 : Registered with the Market for Alternative Investment (mai) and increased registered capital from 100 million baht to 200 million baht in September 2011 and changed the company name from "Thanamit Factoring Public Company Limited" to “AIRA Factoring Public Company Limited” 2011 : Two groups of major shareholders sold 11,470,200 common shares of the business to AIRA Capital Public Company Limited, representing 57.35 percent of the total number of common shares sold in the company. and increased its registered capital from 100 million baht to 200 million baht in September 2011 and changed the company name from "Thanamit Factoring Public Company Limited" to "AIRA Factoring Company Limited" ( public)” 2013 : Change in the company's major shareholder structure. Summit Corporation Company Limited sold 6,420,000 shares, or 16.05 percent of the paid-up capital, to AIRA Capital Public Company Limited, resulting in AIRA Capital Public Company Limited having a total of 29,607,617 common shares of the Company. Accounting for 74.02 percent 2015 : Increased registered capital from 200 million baht to 400 million baht. Risk Management Policy The Company has a credit management system and risk control in various processes as efficiently and standardly as other financial institutions in order to prevent risks that should occur. Recent Awards and Recognitions Corporate Governance 2020-2023, the company received an excellent corporate governance rating (5 stars). 2023, the company received a ranking score of 99% Top Quartile for the financial business group and for the financial business group that has market-cap is between 1000- 2999 million baht Certification as a member of the Private Sector Anti-Corruption Coalition 2020 The company has been certified as a member of the Private Sector Anti-Corruption Coalition. 2023 The company received renewal of its membership certificate. Revenue Structure Factoring income 70.34% Fee and Service income 17.52% Interest income from loans 11.59% Others 0.55% Stock Information mai / FINCIAL Closing price AF mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 AF FINCIAL mai P/E (X) 185.38 84.81 109.40 P/BV (X) 2.37 1.94 2.11 Dividend yield (%) - 1.26 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 1,264.00 1,232.00 1,840.00 Price (B/Share) 0.79 0.77 1.15 P/E (X) 185.38 60.63 35.47 P/BV (X) 2.37 2.28 3.23 CG Report: Major Shareholders as of 06/03/2024 บริษัท ไอรา่แคปป�ตอล จํากัด (มหาชน) (71.55%) นาย KULLAWUT VIRATMALEE (5.65%) นาย THAVEECHAT JURANGKOOL (4.24%) นาง HATAIRATN JURANGKOOL (4.13%) นาย ณัฐพล จุฬางกูร (4.11%) Others (10.32%) Company Information and Contact http://www.airafactoring.co.th 0-2657-6222 No. 188, Spring Tower Building, Floor 12A, Unit 6-10, Phayathai Road, Thung Phayathai Subdistrict, Ratchathewi District Bangkok 10400 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=AF Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 06/06/2024 8


AIRA : AIRA CAPITAL PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview AIRA Capital is a holding company investing in other companies and businesses for returns and capital gains. The key investments are in the financial and property development sectors. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 323.32 235.31 1,024.61 962.40 Expenses 328.93 264.48 1,199.43 960.14 Net Profit (Loss) -5.61 -29.17 -174.82 2.26 Balance Sheet (MB) Assets 9,473.79 9,865.87 9,478.44 9,644.39 Liabilities 5,162.73 5,339.45 5,153.09 5,084.46 Shareholders' Equity 4,311.06 4,526.42 4,325.35 4,559.93 Cash Flow (MB) Operating -77.45 -371.63 -1.43 426.82 Investing -14.05 -21.65 -72.98 -38.85 Financing 34.96 104.70 -95.50 -461.05 Financial Ratio EPS (Baht) 0.00 0.00 -0.03 0.00 GP Margin (%) 46.24 36.66 40.68 41.15 NP Margin (%) -1.73 -12.40 -17.06 0.24 D/E Ratio (x) 1.20 1.18 1.19 1.12 ROE (%) -5.24 -1.57 -5.46 -0.40 ROA (%) -1.57 -0.38 -1.83 0.02 Business Plan - AIRA plans to expand the businesses of its subsidiaries and associates by leveraging technology to be more customer-focused. We are already adopting technology to grow our customer base and revenues, differentiate our products and services, and improve cost efficiency. Our securities business will offer a wide array of global investment products and online trading and investment advisory services to attract the younger generation of investors, and our factoring subsidiary will employ digital channels to expand its customer base and online services to better serve customers and improve efficiency. Our leasing business will launch more retail products to increase its customer base using online marketing. - AIRA aims to grow its property portfolio by focusing on acquiring and developing commercial and hospitality assets that generate recurring income. - The company’s goal is to list its subsidiary companies on the stock exchange and to set up and list REITs for its property assets to create better returns for the shareholders. - AIRA continues to seek partnerships and JVs for our subsidiary businesses and invest in new businesses for growth. Sustainable Development Plan The Company is determined to operate the business with the ultimate goal of sustainability. Its board of directors is aware of the importance of business development based on sustainable growth. Therefore, a Sustainable Development Policy has been established to serve as a guideline for business operations. The policy covers 3 dimensions, which are economy, society, and environment. Business Highlight - AIRA Factoring PCL signed an MOU with NEC Corporation Thailand to collaborate on the Digital Supply Chain Finance Programs, adding to AF's product portfolio and allowing it to grow its customer base. - The property development business has become the second largest revenue contributor, overtaking the factoring business. The brokerage business continues to be the largest income contributor. Performance and Analysis Business Performance Summary - Brokerage fee income and interest income from loans, predominantly from the securities business, amounted to Baht 91 million, a decrease of 20% due to a significant decline in average trading volumes of the SET caused by poor market sentiment and geopolitical uncertainty. However, gains and returns on financial instruments were higher YoY, driven by a stock price recovery. - Fees and service income for the Group surged by 38%, reflecting strong growth in the advisory business. - Interest income from the factoring businesses reached Baht 44 million, an increase of 3% due to an interest spread adjustment. - Rental and service income grew to Baht 85 million, increasing 45%, from Property Development business as income from the Spring Tower grew by 46% thanks to increase in its occupancy rate. - Interest income on hire purchase and finance leases rose by 9% to Baht 21 million, driven by strong growth in the Leasing business’ hire purchase portfolio. - The consolidated revenue for 3M/2024 was Baht 323 million, an increase of 37% YoY. Key Milestones - AIRA Factoring PCL successfully launched its AF Green Project to provide financial support to customers' projects that support environmental conservation. - AIRA Property PCL joined a bid for land lease rights to develop its second property project. - Travelex Thailand relocated its head office to Spring Tower (a Grade A office tower under Aspiration One Co., Ltd.) in March 2024. - Spring Tower's occupancy rate rose to 85% from 77% last year. Risk Management Policy The company's main business is holding shares in other companies (as a holding company). The company has no main operating revenue, but the company's main income comes from receiving dividends from the company's subsidiaries and affiliates. Therefore, the company's performance and the business risks of its subsidiaries and affiliates will directly affect the operating performance and financial position of the company. To mitigate these risks, the company continuously monitors subsidiaries and affiliates through its directors and/or executives appointed to represent the company to monitor the operations and controls through the audit committee reports. In addition, the company's Investment Department constantly monitors the performance of subsidiaries and associated companies to report directly to the Board of Directors. The Risk Management Committee of the company, its subsidiaries, and associates directly monitors and controls risks. Recent Awards and Recognitions - Awarded with excellent corporate governance (Excellent CG Scoring) for Thai listed companies, the highest level attainable, from the Thai Corporate Governance Association (IOD) for 5th consecutive year (Since 2019) - Re-certified as a member of the Collective Action Coalition Against Corruption (CAC) since 2019, reflecting its commitment to anti-corruption and good business principles. - Spring Tower achieved the Gold Certified LEED, MEA Energy Awards 2021, the Gold Certified BSA Building Safety Award in 2021- 2022, and the Platinum Certified in 2023. Revenue Structure Securities & Investment 38% Property Development 24% Factoring 20% Leasing 14% Advisory 4% Stock Information mai / FINCIAL Closing price AIRA mai index 3.00 2.00 1.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 AIRA FINCIAL mai P/E (X) - 84.81 109.40 P/BV (X) 3.59 1.94 2.11 Dividend yield (%) - 1.26 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 12,250.86 12,566.61 13,261.24 Price (B/Share) 1.94 1.99 2.10 P/E (X) - - 173.28 P/BV (X) 3.59 3.56 3.59 CG Report: Major Shareholders as of 15/03/2024 J R K HOLDINGS COMPANY LIMITED (36.68%) MR. THAVEECHAT JURANGKOOL (22.14%) MRS. NALINEE NGAMSETTAMAS (5.25%) MR. KOMOL JUNGRUNGREANGKIT (4.82%) MR. NUTTAPOL JURANGKOOL (4.75%) Others (26.36%) Company Information and Contact https://www.airacapital.co.th 0-2080-2999 319 Chamchuri Square Building. 12th Floor, Phayathai Road, Pathumwan Bangkok 10330 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=AIRA Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 13/06/2024 9


AKP : AKKHIE PRAKARN PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Manage and operate the waste management center (Industry waste incinerator) by the Department of Industrial Works for a period of twenty years from the date the agreement was signed, i.e. 11 February 2008, and will end on 10 February 2028. The Company also has the right to request to renew the agreement for another ten years. The Company was spun off from BWG. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 82.03 83.47 372.33 384.19 Expenses 78.51 87.52 349.23 354.04 Net Profit (Loss) 1.47 -5.07 16.86 29.29 Balance Sheet (MB) Assets 710.12 712.62 716.55 727.53 Liabilities 99.09 114.36 106.99 124.20 Shareholders' Equity 611.03 598.26 609.56 603.33 Cash Flow (MB) Operating 20.62 17.11 38.00 45.53 Investing -12.25 -6.20 -25.39 -118.47 Financing -12.13 -11.51 -22.05 -31.52 Financial Ratio EPS (Baht) 0.00 -0.01 0.04 0.07 GP Margin (%) 16.94 10.75 19.43 21.78 NP Margin (%) 1.79 -6.07 4.53 7.62 D/E Ratio (x) 0.16 0.19 0.18 0.21 ROE (%) 3.87 4.00 2.78 4.90 ROA (%) 4.55 4.76 3.50 5.44 Business Plan Sustainable Development Plan 1. Reduce energy costs Take advantage of heat energy from industrial waste to replace the use of main fuels. (natural gas) in the combustion process 2. Expand the market for integrated industrial waste management services. By providing and selecting appropriate treatment/disposal methods for waste for service users. 3. Run your business sustainably Adopt an international standard system as the basis for management in all dimensions, including ISO 9001, ISO 14001 and ISO 45001 and ISO 26000. 4. Aiming towards being an eco-industry With a goal of reducing the amount of greenhouse gas emissions per product by 3% by 2026 and reducing the organization's greenhouse gas emissions by 2% by 2027. 5. Raise the level of operations to green industry level 5 Business Highlight 1. Providing advice on methods for storing, collecting and transporting hazardous industrial waste by a knowledgeable team. Expertise and various experiences in service 2. Open for visiting the center Factory in online format through a 360 degree view (Virtual Factory Tour) on the company's website that gives the feeling of traveling to visit a real factory, emphasizing "convenience and comfort anywhere, anytime" Performance and Analysis Business Performance Summary For the operating results for the first three months of 2024 and 2023, the company had total service income of 82.03 million baht and 83.47 million baht, a decrease of 1.44 million baht or equivalent to 1.73 percent of the revenue of the previous year and In 2024, the company has adjusted its service strategy. and control cost management to reduce As a result, the company There was a net profit for the three-month period of 1.47 million baht, more than the same period last year. with a loss of 5.07 million baht Key Milestones 1. Hydraulic Press waste feed equipment for waste that has high energy value but high viscosity that cannot be pumped. This makes it possible to continuously feed waste. Instead of dividing the packaging into continuous feed and can take advantage of the value of heat energy to replace the use of fuel. 2. Screw Press system for separating water from liquid sludge to separate water for use in the pretreatment process. and reduce energy use in evaporating water in the liquid sludge combustion process. Risk Management Policy Environmental risks The main business of the company is providing industrial waste disposal services by means of incineration. This is a method that uses natural resources, including natural gas, and also creates air pollution. The company has therefore established an important environmental strategy. In terms of increasing the efficiency of waste utilization to reduce the use of natural resources. and create innovations to improve the quality of waste before it is imported and burned to reduce the amount of pollutants that cause air pollution. Including setting a target to reduce the organization's greenhouse gas emissions from the base year to 2% by 2027. Risk from changes in government policy Business operations of the company There are laws specifically controlling the management of industrial waste from industrial plants. which is more than 90 percent of all service users. Currently, the government has a policy to promote a circular economy that has resulted in a reduction in the amount of industrial waste in some business sectors. The company therefore has adjusted its marketing strategy to focus on other groups of establishments, such as hospitals, educational institutions. etc., as well as following trends in changes in laws that are significantly related to businesses in order to prepare for dealing with changing government policies. Recent Awards and Recognitions Revenue Structure Service fees and waste treatme 81.56% TR costs for receiving waste for 10% Income from transportation ex 3.57% Others 4.87% Stock Information mai / SERVICE Closing price AKP mai index 3.00 1.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 AKP SERVICE mai P/E (X) 25.41 111.30 109.40 P/BV (X) 0.70 2.64 2.11 Dividend yield (%) - 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 428.24 436.32 840.32 Price (B/Share) 1.06 1.08 2.08 P/E (X) 25.41 72.40 23.68 P/BV (X) 0.70 0.73 1.41 CG Report: Company Rating: Major Shareholders as of 06/03/2024 บริษัท เบตเตอร์เวิลด์กรีน จํากัด (มหาชน) (51.18%) YAMAZEN HOLDINGS COMPANY LIMITED (2.72%) MR. SOMCHAI LERTKAJORNKITTI (2.72%) MISS KANYA RAKTHONG (2.28%) นาง สุภา ย�ังยืนสุนทร (1.94%) Others (39.16%) Company Information and Contact http://www.akkhie.com akp_secretary@akkhie.com 0-2323-0714-21 792 Moo 2 Soi 1C/1 Bangpoo Industrail Estate, Sukhumwit Rd., Bangpoo Mai, Mueang Samut Prakarn Samut Prakarn 10280 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=AKP Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 31/05/2024 10


APO : Asian Palm Oil Public Company Limited 3M/2024 (Jan - Mar 2024) Business Overview • Extracting crude palm oil, palm kernel and other byproduct from palm fresh fruit bunch • Generating power from biogas and supplying to Provincial Electricity Authority (PEA) Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 239.81 1,528.87 Expenses 259.59 1,513.48 Net Profit (Loss) -18.74 12.99 Balance Sheet (MB) Assets 452.77 330.83 Liabilities 142.14 93.69 Shareholders' Equity 310.63 237.14 Cash Flow (MB) Operating -26.47 9.46 Investing -7.34 -35.27 Financing 108.05 -13.70 Financial Ratio EPS (Baht) -0.08 0.05 GP Margin (%) -3.47 1.84 NP Margin (%) -7.82 0.85 D/E Ratio (x) 0.46 0.40 ROE (%) -2.88 5.48 ROA (%) -1.81 4.65 Business Plan The company has plans to invest in an automated system project to improve the efficiency of machinery in the production process and reduce production costs. Sustainable Development Plan The company has established its responsibility to society, the environment, and stakeholders, including shareholders, employees, customers, partners, competitors, creditors, and society. It also promotes fair and free trade competition, avoids activities that may lead to conflicts of interest and intellectual property infringement, and combats all forms of corruption. It takes into account all stakeholders throughout the company's value chain, from upstream stakeholders to downstream stakeholders, including both direct and indirect stakeholders. Business Highlight Driven by the vision of its new management team, the company has adopted technology-driven data analysis of crude palm oil (CPO) extraction processes. This analysis has revealed that the key factor influencing the CPO extraction rate (OER) is the quality of fresh fruit bunches (FFB) entering the production process. Recognizing the importance of sourcing high-quality FFB, the company has launched the "Asian Plus+" project to empower its FFB supplier farmers with the knowledge and skills to cultivate and harvest high-quality FFB. The Asian Plus+ project has significantly improved the company's OER compared to pre-project levels, placing it among the top palm oil mills in Krabi province, as ranked by the provincial commercial office. Performance and Analysis Business Performance Summary For the first quarter of 2024, the company recorded a total revenue of 238.64 million baht, a decrease from 348.94 million baht in the same period last year. Net loss was 18.74 million baht compared to net income of 6.85 million baht in the same period last year. The main factor was the volatility of FFB prices was caused by a decrease in FFB supply and inconsistent yields, as a result of the El Niño phenomenon. With the yield of fresh palm fruit nationwide during the 1st quarter of 2024 decreased 1,121,077 tons, or 20.89% compared to the same period of last year. As a result, the price of FFB fluctuated greatly and spiked at times due to concerns about a shortage of raw materials. This event in which the production of FFB fluctuates greatly is considered an abnormal period because the price of crude palm oil and the price of FFB prices usually positively correlated. If the El Niño phenomenon ends, FFB prices should return to normal. Key Milestones The company has received approval to list its common shares on the Mai stock exchange through an initial public offering (IPO) of 100,000,000 common shares with a par value of THB 0.50 per share. Risk Management Policy Risks Associated with Raw Material Price Volatility and Shortages: The company has three collection centers for farmers to sell fresh palm fruit bunches in Krabi province. The company has maintained long-standing and positive relationships with its fresh palm fruit bunch suppliers. It has also established the Asian Plus+ project, a quality palm oil project, to source higher-quality fresh palm fruit bunches. The company focuses on providing knowledge about growing palm trees to farmers and suppliers. As a result, the company has earned the trust of fresh palm fruit bunch farmers and consistently receives high-quality fresh palm fruit bunches. Risks Associated with Crude Palm Oil Price Volatility: In response to fluctuations in crude palm oil prices, the company has implemented a strategic inventory management policy. During periods of significant price volatility, the company will reduce its inventory of finished goods (crude palm oil) in a stepwise manner, adjusting the reduction based on the magnitude of the price swings. Recent Awards and Recognitions • Awarded Thailand Energy Awards 2007 in the Alternative Energy Category • Honored with the ASEAN Energy Awards 2007 • Awarded ISO 14001 Environmental Management System Certification • Awarded GMP (Good Manufacturing Practice) Certification by the Quality Certification Office of the Thailand Institute of Scientific and Technological Research (TISTR) • Certified as Green Industry Level 3 Revenue Structure Sales of Crude Palm Oil and Pal 95.13% Sales of Electricity 0.81% Others 4.06% Stock Information mai / AGRO Closing price APO mai index 0.00 0.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 31/03/24 APO AGRO mai P/E (X) N/A 23.62 109.40 P/BV (X) N/A 3.15 2.11 Dividend yield (%) N/A 3.31 1.80 31/03/24 - - Market Cap (MB) N/A N/A N/A Price (B/Share) N/A N/A N/A P/E (X) N/A N/A N/A P/BV (X) N/A N/A N/A CG Report: - Major Shareholders as of 29/03/2024 Mr. Nipon Udompholkul (41.58%) Mrs. Khanita Udompholkul (7.06%) Mr. Nantakorn Udompholkul (3.82%) Mr. Sittipas Udompholkul (3.82%) Ms. Parima Udompholkul (3.53%) Others (40.19%) Company Information and Contact https://asianpalmoil.com info@asianpalmoil.com 0-7568-1355 99 Moo. 2 Ao Luek Tai, Ao Luek Krabi 81110 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=APO Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 12/06/2024 11


APP : APPLICAD PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview AppliCAD Public Company Limited ("APP") is the leading distributor of the complete design solutions for the Industry, Architecture, Construction, 3D Printing Technology, including both software and hardware, as well as providing various related services and training center of those software for all level of designs. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 215.28 243.36 906.10 888.34 Expenses 206.50 212.70 835.78 829.51 Net Profit (Loss) 6.55 24.02 50.72 46.47 Balance Sheet (MB) Assets 829.72 775.24 792.15 772.44 Liabilities 466.18 405.99 435.32 426.74 Shareholders' Equity 363.59 369.51 356.89 345.93 Cash Flow (MB) Operating 2.11 11.19 54.82 33.30 Investing 98.29 -3.22 7.37 -172.61 Financing -2.21 -1.28 -45.35 -61.66 Financial Ratio EPS (Baht) 0.02 0.09 0.18 0.17 GP Margin (%) 39.89 39.87 41.79 40.55 NP Margin (%) 3.04 9.86 5.62 5.23 D/E Ratio (x) 1.28 1.10 1.22 1.23 ROE (%) 9.07 16.32 14.43 13.21 ROA (%) 6.08 9.69 8.97 7.82 Business Plan The Company aims to grow both sales and profit from: 1. Organic growth from the existing product and service with the existing and new customers. 2. Growth from the Annual Subscription Service and Maintenance of SolidWorks, 3D Printers and 3D Scanners as software and hardware sales increase every year which will be able to grow continuously and steadily. 3. Growth from its subsidiary especially PT. Indonesia Applicad in Indonesia. 4. Growth from XR Service 5. Growth from the ERP market with the team of Odoo ERP specialists in order to be able to implement ERP completely. Sustainable Development Plan The Company is aware of the challenge of finding high-potential personnel in the technology industry. This has become a major problem that limits the development of technological products. With over 30 years of experience in the business and more than 12 years of DETI Training Center, the Company saw an opportunity to transform this challenge into a business by recruiting the right personnel for the software and hardware we provide. Offering services in a variety of formats, such as full-time, part-time, or project-based would help increase flexibility and competitiveness for customers. The Company has initially tested it in the market and shown good results and it is likely to generate income in the near future, especially in cooperation with the manufacturing and construction industries to promote long-term growth and sustainability. Business Highlight The Company has enough liquidity, making the business financially flexible and good for the business even during the coronavirus pandemic, the Company was able to maintain its revenue growth. Performance and Analysis Business Performance Summary Total Revenue for Q1 2024 amounted to 215.28 million baht, a decrease of 26.52 million baht or 10.97% compared to the same quarter of the previous year. This decline is due to a decrease in sales revenue by 29.17 million baht, from the hardware segment by 18.15 million baht and the software sales segment by 1.02 million baht. Meanwhile, service revenue increased by 3.10 million baht. Gross Profit for Q1 2024 was 82.25 million baht, down by 10.34 million baht or 11.17%, while the gross profit margin of the group increased from 39.87% to 39.89% compared to the same quarter of the previous year. Selling Expenses for Q1 2024 amounted to 47.64 million baht, an increase of 1.46 million baht or 3.16% from the previous year. This increase was due to a rise in operational fee payments for copyright infringement (AP&C) by 1.06 million baht and consulting fees by 0.30 million baht. Administrative Expenses and Financial Costs for Q1 2024 were 35.24 million baht, an increase of 8.19 million baht or 30.26% from the previous year. This increase was due to higher employee compensation and benefits expenses, such as salaries and allowances by 2.37 million baht, tax expenses by 2.90 million baht, depreciation and repair costs by 1.07 million baht, employee training and seminar expenses by 0.50 million baht, and service charges by 0.45 million baht. Key Milestones Q1 2024 also showed continued development from 2023, the Company has developed PT CAD software, a drafting program that mainly focuses on basic 2D drafting. In addition, the Company signed the memorandum of understanding (MOU) with • the College of Industrial Technology of King Mongkut's University of Technology North Bangkok with the objective to jointly create an academic cooperation project, to promote research and development, create knowledge in 3D design • Rajamangala University of Technology Rattanakosin, with the objective of exchanging academic and professional knowledge by organizing training and providing knowledge. • Southeast Bangkok University in collaboration with Samut Prakan Provincial Industrial Office Samut Prakan Provincial Commercial Office. The objective is to promote and develop the skills of workers in Samut Prakan province. Risk Management Policy The risks associated with the impact of operational performance and financial status of subsidiary companies have arisen due Rabbit Prototype Co., Ltd., aimed at boosting the Company's operational capability. However, recent financial data has indicated persistent losses and high expenses in sales and management. This trend is also occurred in PT Indonesia AppliCAD Ltd., Indonesia, despite efforts to bolster investments. As past performance remains uncertain, the Company has adjusted strategies, sales methods, marketing, and subsidiary pricing to match evolving conditions. Market analysis was conducted to grasp dynamics and customer needs, guiding product and management adjustments to mitigate this risk. Recent Awards and Recognitions The Company received the “PDPA Compliance” award from the award announcement of "Preparation under the Personal Data Protection Act 2019 - PDPA Awards 2020" organized by the Securities and Exchange Commission together with the Office of the Personal Data Protection Committee Faculty of Law, Chulalongkorn University and Thailand Productivity Institute. Revenue Structure Revenue from software 45.17% Revenue from hardware 15.81% Revenue from service 39.02% Stock Information mai / TECH Closing price APP mai index 4.00 2.50 1.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 APP TECH mai P/E (X) 14.24 32.19 109.40 P/BV (X) 2.02 2.71 2.11 Dividend yield (%) 5.81 1.80 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 722.40 739.20 901.60 Price (B/Share) 2.58 2.64 3.22 P/E (X) 14.24 9.93 19.43 P/BV (X) 2.02 2.04 2.74 CG Report: Company Rating: Major Shareholders as of 02/05/2024 MR. PRAPAS TANGADULRAT (55.03%) MR. CHAIYACHATR VANICHPAK (4.07%) MR. VITOON NGAMMEKCHAI (3.39%) MR. CHITSANUPONG TANGADULRAT (2.90%) MISS SIRIPORN TANGADUNRAT (2.30%) Others (32.31%) Company Information and Contact http://www.applicadthai.com ir@applicadthai.com 0-2744-9045 69 Soi Sukhumvit 68, Sukhumvit Rd., Bangna Nuea, Bangna Bangkok 10260 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=APP Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 04/06/2024 12


ARIP : ARIP PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company's core businesses can be divided into three categories as follows: 1) Printed Media and Content 2) Conventions, Exhibition and Integrated Marketing Services 3) Digital Services. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 52.03 56.27 246.99 226.54 Expenses 50.77 52.12 232.79 212.21 Net Profit (Loss) 1.50 3.49 12.62 12.10 Balance Sheet (MB) Assets 268.91 271.63 276.95 269.34 Liabilities 39.31 42.64 48.85 43.83 Shareholders' Equity 229.61 229.00 228.11 225.51 Cash Flow (MB) Operating 1.45 -6.11 23.11 33.49 Investing -10.25 -1.46 3.87 -32.87 Financing -0.03 -0.03 -10.15 -0.43 Financial Ratio EPS (Baht) 0.01 0.03 0.03 GP Margin (%) 27.00 30.08 26.45 26.35 NP Margin (%) 2.88 6.20 5.11 5.34 D/E Ratio (x) 0.17 0.19 0.21 0.19 ROE (%) 4.64 6.58 5.56 5.52 ROA (%) 4.19 6.60 5.20 5.44 Business Plan • Strategic Plan Enhancement : Adjust our strategic plans to fortify each business unit and facilitate integrated services across the organization. • E-commerce Platform Enhancement : Enhance the features of our e-commerce platform to seamlessly accommodate social enterprise activities and improve user engagement. • Increased Revenue at COMMART Event : Amplify revenue generation at the COMMART event by showcasing a broader range of high-tech products, aiming to captivate a larger audience. • Wisimo Evolution as Comprehensive HR Solution : Transform Wisimo, our learning enterprise solution, into a comprehensive Human Resources Development platform, catering to diverse organizational HR needs. • ESG-Centric Business Conduct : Promote business conduct within the Environmental, Social, and Governance (ESG) framework, emphasizing environmental sustainability, social responsibility, and ethical governance. Sustainable Development Plan The company conducts business with fairness, honesty not against the law Does not infringe privacy and intellectual property rights There is a strict administration under the labor law. with social responsibility, care for the environment and community and all stakeholders The Company has established policies to control and supervise employees and executives to comply with honesty, transparency and fairness. Business Highlight • The company still receives positive feedback from the COMMART event, which is number one in displaying and selling technology products for both booth exhibitors and visitors. • The company has had continuously good results from its developed virtual event platform, for use in hybrid events of the company and various agencies • The Wisimo platform has been continuously trusted by both the public and private, furthermore, the platform has expanded to additional new projects. • The company has developed a fundraising platform that enables social enterprises to conduct their charitable activities in a sustainable manner. Performance and Analysis Business Performance Summary Summary of operating results Jan-Mar 2024, the Company had revenue of 52 million baht, a decrease from the previous year of 4 million baht or 7.52%, with a net profit of 1.5 million baht, a decrease of 2 million baht came from decrease of Exhibition income and postpone of Special project Key Milestones 1. Leverage Artificial Intelligence to enhance “Wisimo,” an eLearning solution, by integrating Facial Recognition technology to elevate the standards of learner verification during ondemand online classes, and implementing Optical Character Recognition (OCR) to streamline the verification process of learners’ documents. 2. Design and develop a tool to analyze consumer behavior and the factors influencing their decision-making when purchasing IT products. This tool utilizes research methodologies based on big data. The resulting insights will be invaluable for marketing, as they will enable precise forecasting of consumers' buying patterns. Risk Management Policy • Private sector spending declined in line with the economic slowdown. impact on the Company's public relations revenue. Focus on the government budget in IT and learning management, which The company has expertise to reduce operational risks and be able to Continuing work to other projects. • Adapting to a new way of life, both daily life and business, makes There has been a change in consumer behavior. Affects the core business of the company. Therefore, the company pays attention to important to digital media including digital platforms more so that customers can choose to receive media in all channels and adjust the image Designs of products and services to respond to changes that occur both present and future. Revenue Structure Media and Contents 18.5% Event 33.28% Digital Service 48.22% Stock Information mai / SERVICE Closing price ARIP mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 ARIP SERVICE mai P/E (X) 28.06 111.30 109.40 P/BV (X) 1.55 2.64 2.11 Dividend yield (%) 2.83 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 354.16 377.46 424.06 Price (B/Share) 0.76 0.81 0.91 P/E (X) 28.06 32.51 25.47 P/BV (X) 1.55 1.69 1.91 CG Report: Major Shareholders as of 08/03/2024 MR. MIN INTANATE (54.33%) Advance Research Group (10.00%) MR. CHATRCHAI SONGSAENGCHAROEN (2.68%) MR. KAVIN SUPHANICH (1.74%) Thai NVDR Company Limited (1.07%) Others (30.18%) Company Information and Contact http://www.aripplc.com tarip@arip.co.th 0-2642-3400 No. 99/16-20 Ratchadapisek Road, Din-Daeng Bangkok 10400 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=ARIP Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 14/06/2024 13


ARROW : ARROW SYNDICATE PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company engages in a manufacturer and distribution of electrical conduit and fittings under the brand of "Arrowpipe" "Arrowtite" and "Union" which is made of hot-dipped galvanize sheet and Water pipe and fittings under the brand of "Arrow PP-R", a high quality water pipe, is made from polypropylene Random Copolymer. The Company's subsidiary(JSVT) engages in a manufacturer and distribution of Ventilating Conduit or Air Duct under the brand of "Arrow duct" and Post-Tension Duct which are made from hot-dip galvanized steel. The end users of the Company and its subsidiaries' products are in the business of construction and property approximately 75% and the other 25% are manufacturing plants Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 333.13 362.62 1,365.40 1,375.39 Expenses 293.88 346.32 1,229.72 1,250.62 Net Profit (Loss) 28.65 11.03 101.64 92.63 Balance Sheet (MB) Assets 1,592.97 1,708.00 1,530.56 1,718.33 Liabilities 333.39 480.96 299.62 502.32 Shareholders' Equity 1,286.00 1,253.45 1,257.35 1,242.42 Cash Flow (MB) Operating 137.26 104.41 349.98 61.61 Investing -2.63 -9.02 -32.36 -35.06 Financing 7.74 2.47 -294.61 -17.69 Financial Ratio EPS (Baht) 0.11 0.04 0.40 0.36 GP Margin (%) 23.56 16.09 20.28 17.20 NP Margin (%) 8.60 3.04 7.44 6.73 D/E Ratio (x) 0.26 0.39 0.24 0.41 ROE (%) 9.39 5.75 8.13 7.39 ROA (%) 9.61 5.67 8.35 7.53 Business Plan • Improve machinery automatic system for the production of foam sheet air ducts (Pre-Insulated Duct) • Investing in the production line for Post tension equipment parts • Metropolitan Rapid Transit; MRT • ONE BANGKOK • Chaengwattana Government Center, Zone C • ONE CITY CENTER (OCC Ploenchit ) • The Aspen Tree at The Forestias • The Estelle Phrom Phong • Whizdom by forestias • Sirivej Hospital, Chanthaburi • Paolo Hospital Chokchai 4 • Provincial Electricity Authority, Phuket • Makro Praditmanutham • AIA EAST GATEWAY • SILOM COMPLEX RENOVATION • PEPSICO Rojana Industrial Estate • SILOM Edge • PTTEP Core Research Center • True Digital Park phase 2 • Terra Data center Business Highlight • A leader in the building systems business segment • Products hold international standards approval • Maintains strong relations with raw materials suppliers • ARROW PIPE appears on vendor list of various mainstream projects Performance and Analysis Business Performance Summary 1. The company had sales and services revenue decrease of Baht 28.46 million or decrease 7.99% compared to the same period of previous year mostly from clients’ postponed orders. 2. The gross profit from sales and services had increased of Baht 19.90 million or increase of 34.74% compared to the same period of previous year from several reasons such as, • Steel raw material cost, which is the company’s main cost, decreased during the 2H period of 2023 and is stable to the present. The company considered to increase the sell target to maintain production efficiency. • Gross profit increased due to the decreased cost of steel raw materials while the changing of selling price of products and services is carefully considered. However, the Company has a policy to change the selling price to be in line with the market price while maintaining the gross profit margin at a competitive level. Key Milestones 2021: The company has been selected to be included in the Thailand Sustainability Investment (THSI) list for the year 2022 : Started a comprehensive agricultural greenhouse business. 2024 : Expanded the production line of flexible conduit under the brand ARROWFLEX. : Expanded the production line of fittings for electrical conduits under the brand ARROW FITTING. Risk Management Policy Recent Awards and Recognitions SET ESG Ratings 2023 class BBB Revenue Structure ARROW SYNDICATE PLC. 74.3% JSV TECHNICAL CO.LTD 23.3% Meka-S CO.LTD 0.7% Others 1.7% Stock Information mai / PROPCON Closing price ARROW mai index 8.00 6.50 5.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 ARROW PROPCON mai P/E (X) 16.30 - 109.40 P/BV (X) 1.32 2.56 2.11 Dividend yield (%) 5.43 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 1,656.99 1,592.76 1,888.19 Price (B/Share) 6.45 6.20 7.35 P/E (X) 16.30 14.90 29.89 P/BV (X) 1.32 1.30 1.56 CG Report: Company Rating: Major Shareholders as of 07/03/2024 LK SYNDICATE CO.,LTD. (26.29%) MR.LERTCHAI VONGCHAISIT (26.04%) MS.PRAKRONG NAMNANTHASITH (7.15%) MS.KAMOLPAT VONGCHAISIT (4.96%) MS.SEE SAETIA (3.50%) Others (32.06%) Company Information and Contact http://www.arrowpipe.com ir@arrowpipe.com 027498135 31 Moo 1 Phanthong Chonburi 20160 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=ARROW Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 05/06/2024 14


ASN : ASN BROKER PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview ASN operates the business as direct non-life insurance broker mainly focuses on motor insurance and Personal Loan Business under the supervision . The Company also holds 99.99% shares of ASN Life Broker Company Limited which operates the business as life insurance broker and holds 99.99% shares of DAINGERN DOTCOM Company Limited which operates the provide matching services between lenders and borrowers. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 41.77 40.52 161.20 151.97 Expenses 37.51 35.87 142.50 133.00 Net Profit (Loss) 0.93 0.68 1.98 5.17 Balance Sheet (MB) Assets 550.33 561.51 557.70 568.82 Liabilities 255.57 263.98 263.86 271.97 Shareholders' Equity 294.76 297.53 293.83 296.85 Cash Flow (MB) Operating 15.01 -16.70 -29.34 -80.03 Investing -0.88 -1.25 -5.02 -9.72 Financing -4.23 -3.99 -21.60 -31.38 Financial Ratio EPS (Baht) 0.00 0.00 0.01 0.03 GP Margin (%) 22.50 31.09 13.34 32.42 NP Margin (%) 2.22 1.68 1.23 3.40 D/E Ratio (x) 0.87 0.89 0.90 0.92 ROE (%) 0.75 0.04 0.67 1.72 ROA (%) 3.29 2.34 3.32 3.25 Business Plan • Provide a diverse range of insurance policies. • Provide payment channels that are diverse and efficien. • Manage the company’s database of target customer. effectively, grouping customers according to their needs and suppliers to allow the company to propose services at the appropriate time period. • Modernize and integrate communications systems across all work areas. • Develop and build employees with skills and expertise for all of the company’s services, for continuous quality improvements. • Develop integrated online platforms for all company services. • Expand the company’s operations in the Insure Tech and FinTech businesses, in order to enhance business capabilities. • Expand our service provision through branch so as to reach a wider target audience. Business Highlight • The company is a non-life insurance broker for leading insurance companies. • Daingern Dotcom Co., Limited is currently test their service in the Bank of Thailand’s Regulatory Sandbox. • The company provides personal loans under supervision and hire purchase. Performance and Analysis Business Performance Summary In the Q1/2024, the company had a total revenue of 41.77 million baht, rising by 1.25 million baht year-on-year. The main contributing factors were that the company offered more personal loans under supervision, And a decrease in expected credit losses ,which resulted in the company generating a net profit of 0.93 million baht. Key Milestones 2005: Established the company to operate a non-life insurance brokerage business. 2008: Increased registered capital to 2 million baht. 2013: Purchased 99.99% of shares in ASN Life Broker Co., Ltd. 2015: Changed status to a public company, and increased registered capital to 65 million baht. 2016: Listed in the mai and launched initial public offerings and began trading under the ticker symbol, ASN. 2017: Established the company, Daingern Dotcom Company Limited , to provide P2P lending platform. 2020: The company provide services for personal loans under supervision, and increased registered capital to 78 million baht. 2021: Increased registered capital to 93.60 million baht. 2022: Daingern Dotcom Company Limited, was accepted by the BOT to participate in the test and open for service on March 1,2022 and in November, the increased capital to 35 million baht. Risk Management Policy Risks concerning compliance with the OIC announcements The company may be penalized if employees do not comply with, or comply incorrectly with, OIC announcements, which include the following stipulations: • All employees must be certified. • Timetables must be arranged according to OIC specifications. • A head of sales team must be oversee the work of their team members. • An employee learning and training center is provided. • A quality control unit is in place to approve transactions before insurance policies are issued. Risk concerning sales staff turnover A high turnover of sales staff could be an obstacle to business operations. The company therefore has the following measures: • Established an appropriate compensation structure. • Focus on hiring employees that are certified and have familiarity with the business. • Promote and train employees to continuous development. Risks concerning the Personal Data Protection The announcement of the Personal Data Protection Act in the Royal Gazette on 27 May 2019 could impact the company business operations. The company therefore contracted a consultant to recommendations and is currently revising work processes to ensure compliance. Revenue Structure Non-life insurance broker 49.2% Life insurance broker 0.86% loans under supervision 37.3% Hire purchase 5.84% Platform service business 3.38% Others 3.42% Stock Information mai / FINCIAL Closing price ASN mai index 4.00 2.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 ASN FINCIAL mai P/E (X) 190.89 84.81 109.40 P/BV (X) 1.29 1.94 2.11 Dividend yield (%) - 1.26 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 378.14 355.68 599.04 Price (B/Share) 2.02 1.90 3.20 P/E (X) 190.89 - 62.99 P/BV (X) 1.29 1.23 2.03 CG Report: Major Shareholders as of 10/04/2024 นาย THAWATCHAI LERTRUNGRUANG (44.05%) MRS. JARUTHAT LERTRUNGRUANG (15.38%) น.ส. VANCHANOG VARUNAPRABHA (14.15%) MR. LATTASIT LAOHASIRIWONG (3.73%) นาย ไพบูลย์เสรีวิวัฒนา (3.07%) Others (19.62%) Company Information and Contact http://www.asnbroker.co.th 0-2494-8388 388 IBM Tower, 16th Floor, Zone B, Phaholyothin Road, Samsennai, Phayathai Bangkok 10400 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=ASN Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 05/06/2024 15


ATP30 : ATP30 PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company provides shuttle transportation services from residential areas to industrial plants or business establishments, especially around industrial estates in the eastern region and expansion in the central region. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 177.21 166.92 671.48 632.45 Expenses 159.39 157.98 615.68 578.31 Net Profit (Loss) 10.44 3.04 28.98 29.17 Balance Sheet (MB) Assets 1,195.03 1,183.12 1,203.34 1,180.68 Liabilities 668.12 693.72 686.86 673.84 Shareholders' Equity 526.91 489.40 516.48 506.84 Cash Flow (MB) Operating 34.12 20.50 136.94 134.99 Investing 0.00 -0.96 -1.31 -8.91 Financing -39.95 -22.46 -147.62 -161.36 Financial Ratio EPS (Baht) 0.02 0.00 0.04 0.04 GP Margin (%) 19.85 15.15 17.50 17.38 NP Margin (%) 5.89 1.82 4.32 4.61 D/E Ratio (x) 1.27 1.42 1.33 1.33 ROE (%) 7.16 3.80 5.66 5.81 ROA (%) 5.44 3.60 4.68 4.74 Business Plan The Company aims to be the leader in providing commuter service and expanding service into the eastern and center region to increase market share by applying the technology strategy to operate in every aspect by increasing the proportion of EV, searching for partners to invest in Green Energy, searching for funding sources to reduce financial costs, and increase efficiency in shuttle process management to increase competitive potential. For 2024, the Company aims to achieve reasonably possible operations and ensure that the Company able to maintain a gross profit margin of approximately 22%-25% and a net profit margin of approximately 10% Sustainable Development Plan The Company places importance on operating for sustainability in accordance with the principles of good corporate governance with transparent management efficiency to build credibility among shareholders and other stakeholders, moreover the Company give an importance to principles and practices that are good for the environment, society, and corporate governance (ESG). For 2024, The Company has disclosed the amount of greenhouse gas emissions of the organization and has been verified in Form 56-1 One report and has been registered with the Carbon Footprint of Organization (CFO) label by TGO, which the Company continuously operates Green Energy to expand new business diversification for the future growth of the organization. Business Highlight There are 68 clients of the Company, and the Company has a total of 745 service vehicles, and 1,480 MB. unrecognized service income according to the service contract. Performance and Analysis Business Performance Summary From the graph showing the trend of gross profit, gross profit margin, and net profit, net profit margin, which has high performance from Q1/2023 onwards, according to the business plan such additional services and controlling direct costs which the result is willing to increase in the next quarter. Key Milestones • The varieties of the Company's service consist of 1.Shuttle transportation service 2.On demand service (VVS) 3.Vehicle rental. 4.Shuttle Transportation Management service . There are 745 vehicles divide into: 1)685 company's vehicles, consisting of 267 buses, 51 minibuses, 357 vans and VIP vans, 8 EVs (minibuses, minivans, and vans) and pickup trucks 2)60 affiliated vehicles, consisting of 56 vans and 4 buses. • Information of ownership of the Company's vehicles, divided into; fully paid in installments, paying in installment, and fully depreciated from Q1/2024 to Q4/2026 as follow; • Q1/2024 The Company had service expanding into on demand service which has received good feedback, this service model is called VVS Risk Management Policy • The company's drivers are important resources for the business. Therefore, we focus on both ST and LT compensation and developing training to enhance professional service. • Maintain quality and safety standards in providing services. • The worthiness of investing in Energy Management, which the Company has studied sufficient information in every aspect before investing to generate income and reduce direct costs in the future, including increasing the proportion of EVs. Revenue Structure Company's vehicles 93% Company's affiliated vehicles 7% Stock Information mai / SERVICE Closing price ATP30 mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 ATP30 SERVICE mai P/E (X) 24.01 111.30 109.40 P/BV (X) 1.35 2.64 2.11 Dividend yield (%) 1.96 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 695.96 702.78 955.23 Price (B/Share) 1.02 1.03 1.40 P/E (X) 24.01 37.58 24.41 P/BV (X) 1.35 1.39 1.88 CG Report: Major Shareholders as of 08/03/2024 Mr. Chartchai Panichewa (13.63%) Totota Tsusho Thai Holdings Co., Ltd. (9.53%) Mr. Piya Techakul (7.39%) Mr. Viwat Kromadit (6.27%) Mrs. Saisut Techakul (6.21%) Others (56.97%) Company Information and Contact http://www.atp30.com chotiga@atp30group.com 0-3846-8788 9/30 Moo 9 Bangnang, Panthong Chonburi 20160 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=ATP30 Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 21/05/2024 16


AU : AFTER YOU PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview 1. Dessert cafe 2. Sales of goods and raw materials 3. Catering and events 4. Franchise Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 344.02 268.34 1,233.76 954.47 Expenses 274.31 224.32 1,003.74 799.45 Net Profit (Loss) 54.17 34.17 178.17 118.48 Balance Sheet (MB) Assets 1,419.64 1,260.11 1,402.13 1,250.89 Liabilities 382.29 298.98 419.69 323.81 Shareholders' Equity 1,037.35 960.87 982.44 926.79 Cash Flow (MB) Operating 89.91 50.78 349.54 270.58 Investing 69.92 27.64 -147.10 -186.14 Financing -26.35 -21.59 -216.32 -71.03 Financial Ratio EPS (Baht) 0.07 0.04 0.22 0.15 GP Margin (%) 66.51 63.80 64.82 63.15 NP Margin (%) 15.75 12.73 14.44 12.40 D/E Ratio (x) 0.37 0.31 0.43 0.35 ROE (%) 19.83 15.50 18.66 13.67 ROA (%) 19.08 14.92 17.34 13.01 Business Plan The Company is committed to be the leader in the dessert and beverage business which emphasizes on the standard of quality, and maintain the popularity of consumers on the Company's products. With attention to detail, including the continuous creation of new menus, adding variety to novelty and to accommodate the changing of consumer needs, including the development of business opportunities to expand the business into the neighboring countries, along with the expanding distribution channels and diversified product lines as well. Sustainable Development Plan The Company realizes the importance of operating business with sustainable growth by focusing on operating the business with care for stakeholders, economy, society and environment with morality, ethics and code of conduct. The Company believes that operating business with sustainable growth will bring benefits to the public together with the growth of the Company. Business Highlight The Company operates a dessert cafe under the brand name “After You”, the small coffee shop under the “Mikka” trademark, the fruit shop under the brand name “Luggaw” and specialty coffee store and coffee roasting factory under the name “SCR”. Performance and Analysis Business Performance Summary • Operating revenue in 2024 increased THB 76.20 million or 28.88% from 2023 mainly due to the increase in sales of dessert cafe, same-store sale growth (SSSG) and number of After You branches. • Gross profit margin in 2024 was 66.51%, increased by 2.71% from 2023 due to the increase in sales and the ability to manage cost effectively as well as the result of economies of scale. • Net profit and net profit margin increased mainly due to the increase in total revenue and the ability to manage cost and expenses efficiently. Key Milestones • Started production at the new factory in Sinsakhon Industrial Estates, Samut Sakhon in 2016 and received the certificate of GMP and HACCP in 2017 • Listed on the MAI on 23 December 2016 • Opened the first Mikka coffee shop at Soi Pattanakarn 25 in December 2019 • Opened the first Luggaw fruit shop at Marketplace Nanglinchee in April 2022 • Opened the specialty coffee store and coffee roasting factory under the name SCR at Songwat in May 2023 Risk Management Policy • Raw material procurement and rising prices. The Company has estimated and evaluated the quantity of raw materials to be used. For certain types of raw materials that are highly volatile or in high demand, the Company will enter into contracts to determine the quantity or prices that suppliers will have to sell to the Company. • High competition in the industry and the counterfeiting. The Company believes that maintaining excellent quality and service together with continuously launching of new unique products will reduce the counterfeiting and lead to competitive edge against other entrepreneurs in the industry. • Changing in consumer behavior. The Company emphasizes on research and development of its products to be always innovative including healthy food to ensure that it can create new products that will respond to the change in consumer behavior. Recent Awards and Recognitions Best Company Performance and Best CEO for listed company in MAI from SET award 2020 Revenue Structure Dessert cafe & beverage shop 87.35% Sales of goods & raw materials 6.13% Catering & events 4.17% Franchising 1.42% Others 0.93% Stock Information mai / AGRO Closing price AU mai index 13.00 10.00 7.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 AU AGRO mai P/E (X) 42.57 23.62 109.40 P/BV (X) 7.72 3.15 2.11 Dividend yield (%) 2.26 3.31 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 7,585.30 7,503.74 9,298.11 Price (B/Share) 9.30 9.20 11.40 P/E (X) 42.57 44.91 97.23 P/BV (X) 7.72 8.02 10.45 CG Report: - Company Rating: Major Shareholders as of 11/03/2024 MISS GULAPAT KANOKWATANAWAN (27.79%) นาย แมท่ ัพ ต.สุวรรณ (25.35%) บริษัท BTS GROUP HOLDINGS PLC. (5.18%) UBS AG SINGAPORE BRANCH (3.65%) MR. Prinya Tieanworn (3.20%) Others (34.83%) Company Information and Contact http://www.afteryoudessertcafe.com 0-2318-4488 1319/9 Pattanakarn Road Suan Luang Sub District ,Suan Luang District Bangkok 10250 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=AU Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 13/05/2024 17


AUCT : UNION AUCTION PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Operates as an intermediary in arranging auction services of all types of property, other auctioned related services to facilitate the owner of the property and the bidder; transportation service, procurement of source of fund for customers who participated in the auction. And there are sale channels through the website. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 345.38 308.44 1,240.61 953.19 Expenses 189.84 182.58 780.37 611.75 Net Profit (Loss) 119.76 95.69 347.93 251.25 Balance Sheet (MB) Assets 2,306.83 1,947.80 1,979.28 1,806.48 Liabilities 1,595.80 1,298.03 1,388.01 1,252.40 Shareholders' Equity 711.02 649.77 591.26 554.08 Cash Flow (MB) Operating 203.22 182.38 709.87 299.98 Investing -113.24 -82.55 43.14 -48.15 Financing -24.90 -24.35 -408.30 -320.97 Financial Ratio EPS (Baht) 0.22 0.17 0.63 0.46 GP Margin (%) 56.80 52.73 50.02 50.16 NP Margin (%) 34.67 31.02 28.04 26.36 D/E Ratio (x) 2.24 2.00 2.35 2.26 ROE (%) 54.67 48.89 60.75 45.96 ROA (%) 23.03 20.36 24.31 18.80 Business Plan • Upgrading services enhancing performance and increasing the range of services to its customers through online auctions including providing enough information to customers. • Diversify to more categories of assets and expand its customer group to end users in order to manage the risk of reliance on limited assets at auction. • Proactively marketing online and increasing the group of customers online auction via AUCT Live system. • Find partners to increase services and meet customer needs both pre and post-auction. • Maintain existing customers and seek new customers. Sustainable Development Plan • Digitalizing the working style • Improving IT systems • Reduce workflow for more efficient • Employee's potential development • Reducing unnecessary energy use Business Highlight The company's revenues and profits are "all-time high". Performance and Analysis Business Performance Summary The Company's revenue from services for the 1st quarter of 2024 was 342.82 million Baht increased by 35.44 million Baht or 11.5% compared to the same period of the previous year. In the 1st quarter of 2024, revenue from auctions was 280.80 million Baht increased from the same period of the previous year by 40.76 million Baht or 17.0% of revenue from services and increased by 8.05 million Bath or 3.0% of revenue from services compared to the 4th quarter of 2023, due to the increase in the volume of vehicles entering the auction yard and the volume of vehicles auction ended, including a slowing auction success rate during the 4th quarter of 2023, and well improved in the 1st quarter of 2024 resulting in more vehicle auctions ending. Revenue from transportation and additional services for the 1st quarter of 2024 was 62.02 million Baht decreased from the same period of the previous year by 5.32 million Baht or 7.9% of revenue from services due to the Company having additional revenue from auctions organized for the government agencies in the 1st quarter of 2023 and increased from the 4th quarter of 2023 by 5.42 million Baht or 9.6% of revenue from services according to the increase in auction revenues. Key Milestones - Risk Management Policy 1. The risk of natural disasters and accidents: the Company has insurance covering natural disasters and accidents. The employees are trained to prepare for the event of natural disasters and accidents. 2. Risks from utilities system which may impact to the auction process: the Company has arranged the business continuity plan to minimize risks and impacts from interruption of online auction system. 3. Risks related to the compliance with the Personal Data Protection Act B.E. 2562 (2019) (PDPA): the Company has improved its information storage system and accessibility to personal data, and training courses had also been arranged to keep the employees well aware about the risks. Recent Awards and Recognitions - Revenue Structure Revenue from auctions 81.3% Transportation, Add services 17.96% Others 0.74% Stock Information mai / SERVICE Closing price AUCT mai index 13.00 10.00 7.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 AUCT SERVICE mai P/E (X) 16.44 111.30 109.40 P/BV (X) 9.67 2.64 2.11 Dividend yield (%) 6.06 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 5,720.00 6,270.00 5,170.00 Price (B/Share) 10.40 11.40 9.40 P/E (X) 16.44 17.95 21.70 P/BV (X) 9.67 12.59 11.25 CG Report: Major Shareholders as of 01/03/2024 MRS. THIDARUT SRITAPAWANG (16.75%) MR. VARUNYOO SILA (16.18%) MR. PARKPOOM SILA (16.08%) BNY MELLON NOMINEES LIMITED (6.04%) PERSHING LLC (4.89%) Others (40.06%) Company Information and Contact http://www.auct.co.th investor@auct.co.th 0-2033-6555 #4 518/28 Soi Ramkhamhaeng 39 (Thepleela 1) Wangthonglang Bangkok 10310 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=AUCT Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 16/05/2024 18


BBIK : BLUEBIK GROUP PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Bluebik Group Public Company Limited (“the Company”) and its subsidiaries, associates and joint ventures, is an end-to-end digital transformation partner providing services for strategic and digital technology consulting and other related services for various business sectors. Main active businesses are in 4 pillars including; 1. Digital Transformation Consulting Services 2. Digital Platform 3. Joint venture i.e. Orbit Digital Co., Ltd. (“Orbit”) 4. Global business in multiple countries i.e. Indonesia, Singapore, United Kingdom and Vietnam Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 371.90 267.28 1,321.27 567.53 Expenses 305.16 211.02 1,033.98 437.17 Net Profit (Loss) 68.99 58.26 278.56 127.09 Balance Sheet (MB) Assets 2,218.73 2,132.25 2,436.53 805.85 Liabilities 410.32 363.52 470.44 169.69 Shareholders' Equity 1,791.36 1,751.37 1,928.05 631.52 Cash Flow (MB) Operating 101.95 -33.13 48.27 48.65 Investing -232.21 -852.98 -939.72 161.34 Financing -0.56 1,057.67 1,004.27 -35.51 Financial Ratio EPS (Baht) 0.63 0.56 2.59 1.27 GP Margin (%) 45.85 48.31 49.89 52.78 NP Margin (%) 19.15 23.43 22.93 23.01 D/E Ratio (x) 0.23 0.21 0.24 0.27 ROE (%) 16.33 13.55 21.77 21.62 ROA (%) 16.37 13.07 21.10 20.58 Business Plan The Company aims to become a leading integrated digital transformation partner by bringing the strengths of experience and expertise of executives and staff who have worked with world-class consulting firms to meet customers who want to improve their organization to keep pace with changes in the digital age and unlock unlimited growth potential to create a competitive advantage. The Company provide services covering management consulting (MC) to find success factors that will create exponential growth, Strategic Project Management (PMO), Digital Excellence and Delivery (DX), Big Data & Advanced Analytics (AI) as well as providing digital platform services. Sustainable Development Plan The Company has realized the importance of business operation for sustainable growth with Corporate Social Responsibility (CSR) by focusing on conducting business with care for stakeholders, economy, society, and environment morally and ethically. In this regard, this will bring benefit to public and create sustainability in long-term investment along with the growth of the Company in parallel. Business Highlight In 2023, the Company has invested in 1) Innoviz Solutions Co., Ltd., the consulting of ERP implementation mainly Microsoft Dynamic 365, 2) Bluebik Vulcan Co., Ltd., the expertise in digital delivery area, 3) Sauce Skills Co., Ltd., which is collaborating with The Standard Co., Ltd. to provide corporate training to uplift knowledge and understanding covering digital, business and leadership skills and 4) EcoX Co., Ltd., a joint venture with Beryl 8 Plus PCL to provide consultancy and implementation services related to the green technology. Moreover, the Company also incorporated 2 new subsidiaries based in United Kingdom and Vietnam to support the expansion to global markets. Performance and Analysis Business Performance Summary In Q1/2024, the performance of the Group reported total revenues amounted to 368.81 MB. which increased by 101.99 MB. or increase by 38% YoY. main growth driver were still from the segment of Digital excellence and delivery (DX) which was from the continuous growth in digital transformation that drive many organization, especially in bank, insurance, technology and retail sector to increase their investment in IT and strategy development to ensure the competitive advantages for long term and short term. The net profits of the period amounted to 71.20 MB. which increased by 8.59 MB. or 14% from the net profit of Q1/2023 from the revenue growth. The net profit margin (NPM) of Q1/2024 is 19% which decreased from average NPM of year 2023. This is due to the extra costs and expenses occurred in this quarter e.g. additional cost of oversea project in order to speed up process and ensure the work acceptance from client during the slow down of their investment, the depreciation of Baht to USD which drive cost of subscription fee especially for Innoviz that needed to pay vendor in USD, the increasing in Selling and Administrative expense from the investment in the necessary expenses to support the sustainable growth of the Group i.e. the office expansion for the headcount increasing and the hiring of management and sales team. Key Milestones Bluebik Group Co., Ltd. incorporated since 12 September 2013 with the registered capital of 1 MB to provide services for strategic and digital technology consulting. Later, registered for conversion to Public Company Limited in the name of Bluebik Group PLC. and listed in "mai" with the security symbol "BBIK" on 16 September 2021 with registered capital of 50 MB and incresed its registerd capital and paid up capital to 54.44 MB in later. In order to serve the position of Truly End-to-End Digital Transformation Partner according to the Group strategic plan, the Company expands investment through subsidiarirs, joint ventures and associates both domestically and oversea. Risk Management Policy The Company has set a risk management policy that all executives and employees must comply with and also cultivated risk management as a corporate culture. CEO is the chairman of the risk management working team and supervises operations for risk management of the Company. The quarterly risk management reports are presented to the RPC, AC and BOD to be acknowledged in order to closely manage and monitor the risks and ensure that they are at an acceptable level. The Company has assessed risks that may affect operations along with the adequacy of the existing internal control systems to find the solutions to improve operation for more efficient performance. The scope covers management and administration of various tasks in the Company to ensure that the operation risk are at a controllable and acceptable level. Recent Awards and Recognitions The Company scored 100/100 in the AGM Checklist of 2023 and received "Excellent" scoring in 2023 CGR project. Revenue Structure Digital Excellence and Delivery 90.45% Big Data & Advanced Analytics 6.38% Management Consulting 2.35% Strategic Project Management 0.82% Stock Information mai / TECH Closing price BBIK mai index 74.00 54.00 34.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BBIK TECH mai P/E (X) 36.94 32.19 109.40 P/BV (X) 5.34 2.71 2.11 Dividend yield (%) 0.40 1.80 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 10,289.39 10,289.39 13,350.00 Price (B/Share) 94.50 94.50 133.50 P/E (X) 36.94 44.45 113.51 P/BV (X) 5.34 5.56 22.14 CG Report: Company Rating: Major Shareholders as of 06/03/2024 Bluebik Group Holding Company Limited (25.72%) Mr. Pochara Arayakarnkul (13.79%) Mr. Pakorn Jiemskultip (8.21%) Mr. Choengchai Charoenchitseriwong (2.95%) Ms. Wasmon Arayakarnkul (2.93%) Others (46.40%) Company Information and Contact https://www.bluebik.com ir@bluebik.com 0-2636-7011 51, Naradhiwas Rajanagarindra Rd., Silom, Bangrak Bangkok 10500 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BBIK Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 23/05/2024 19


BC : BOUTIQUE CORPORATION PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Currently, the Company is operating the following businesses: 1. Hospitality business under the Build-Operate-Sell (BOS) business model in a major tourism area of Thailand i.e., inner Sukhumvit Rd in Bangkok, Pattaya, Chiangmai, and Phuket with world-class brands including Oakwood, Novotel and our ownbrands i.e., Jono, JonoX, and JourneyHub. 2. Commercial business in a format of community mall and office for rent under the Build-Operate-Sell (BOS) business model. 3. Asset and development management services for hospitality and commercial projects under own real-estate projects and also those of third parties. 4. Medical wellness business under "Bespoke Group" through their state partnerships to develop fully controlled cultivation facilities for the production of high-quality, medical-grade products to be also distributed through its retail outlets under the brand "KANA", currently at 10 locations in Sukhumvit area, Phuket, Pattaya, and Chiangmai. The business is conducted with high production and ethical standards, and high social responsibilities for the health and safety of consumers. 5. Logistics business under the "Go Storage" brand, currently provides 3 key services: Self Storage (with fulfillment), Wine Storage, and Door-to-Door services with the first branch at the Summer Point project near BTS Phrakanong station. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 141.92 110.79 409.30 258.49 Expenses 126.90 125.80 494.50 402.69 Net Profit (Loss) -25.14 -47.19 -194.01 -50.04 Balance Sheet (MB) Assets 3,858.45 3,815.39 3,850.93 3,864.06 Liabilities 3,069.39 3,416.72 3,243.37 3,399.69 Shareholders' Equity 602.91 699.29 599.41 746.26 Cash Flow (MB) Operating 46.96 -1.88 -39.10 -64.66 Investing -29.92 -322.26 -482.64 745.28 Financing -9.38 -29.09 33.82 -306.85 Financial Ratio EPS (Baht) -0.04 -0.08 -0.34 -0.09 GP Margin (%) 70.55 61.74 64.96 61.05 NP Margin (%) -22.06 -59.49 -73.03 -19.87 D/E Ratio (x) 3.89 8.57 5.34 7.32 ROE (%) -26.41 -5.18 -28.83 -7.02 ROA (%) -2.09 3.47 -2.96 2.87 Business Plan • For the B-O-S model, BC will focus on securing land ownership to develop assets in the major economic and tourism areas while deploying its management services to third-party projects, moving towards a more asset-light business model. • The Company also has four land plots underdevelopment in Sukhumvit soi 5, Phuket and Chiangmai. Additionally, the Company has commenced the construction on own-brand "Jono", "JonoX", and "JourneyHub" hotel. • The development of our commercial project, Cove Hill on Charoenkrung Road, began in 4Q22 with an expected completion in 3Q24. • The Company plans to open Kana Pure Thai Herbs dispensaries over 12 branches planned for 2024. Business Highlight • The recovery of the Thai tourism industry and the launch of new hospitality projects will further drive revenue growth. • The reducing of interest rate should enhance opportunities to divest other assets in Bangkok and upcountry. • The Company has expertise in managing real-estate assets, optimizing both the development costs for construction and the operating costs to help drive performance and enhance returns from the exit of investments. • All of our hospitality projects are located on freehold land plots allowing us to realize the appreciation of assets overtime. Most projects are also BOI-approved, allowing 100% foreign ownership; further expanding our investor base for asset sales. • Bespoke Group and its state partners have been granted all necessary licenses to operate Thai Herbs Wellness business from seed imports, cultivation, production, distribution of dried flowers, products and medicines containing Thai herbs. • BC received from the Revenue Department its International Business Center (IBC) approval which will enhance our tax efficiency and lead to higher returns from future projects. Performance and Analysis Business Performance Summary • The revenues from hotel operations and commercial properties in 1Q24 soared to an all-time high of THB 124.1 mn, marking a sharp 25.1% increase from 1Q23. • Our commercial project, Summer Point, reached 94% occupancy during 1Q24 driven mainly by our strong property management team. This higher level of occupancy is ideal for attracting investor interest in acquiring this project. • For the consolidated financial results, the Group’s EBITDA for 1Q24 demonstrated a significant improvement with a positive core EBITDA of THB 29.6 mn compared to a loss of THB 1.6 mn in 1Q23. The positive QoQ EBITDA improvement was achieved mainly by cost reductions, as we are implementing clustering strategies among our hotels to leverage synergies and share resources, supported by the peak holiday tourist season. • Shareholder’s equity which includes Equity attributable to owners of the Parent and Non-Controlling Interest (NCI) stood at THB 789 mn, from THB 608 mn at the end of 4Q23 due to repayment of loans from other parties extended by Investors and subsequently injecting the capital in form of equity during the quarter. As a result, debt-to-equity ratio dropped to 3.8 times. However, the proportionate interest-bearing debt-toequity ratio, which reflects the actual capital structure of the Company, was much lower at 2.8 times. Key Milestones • The Company continuously invests in hospitality and commercial businesses with two new projects under construction, which are the hospitality business at Kamala Phuket and the commercial business at Charoenkrung. Risk Management Policy • Major risk factors include the rising cost of products and services as well as financial costs following high inflationary environment. The Company mitigates such risks through efficient cost management and adjusting strategies to maximize revenues to outweigh cost increases. • As for the regulatory risks involving Thai Herbs Wellness business which may result in higher operating costs, the Group continues to follow regulatory developments closely and make necessary adjustments to the strategies and/or internal processes to ensure full compliance. Revenue Structure Hospitality 82.6% Commercial 11.6% Asset Management 5.2% Logistic 0.6% Stock Information mai / PROPCON Closing price BC mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BC PROPCON mai P/E (X) - - 109.40 P/BV (X) 1.21 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 724.52 570.31 825.23 Price (B/Share) 1.27 1.00 1.45 P/E (X) - - - P/BV (X) 1.21 0.96 1.30 CG Report: Major Shareholders as of 08/03/2024 B CORPORATION HOLDINGS LTD. (22.65%) นาย PRABSHARAN THAKRAL (16.74%) ELEMENT CAPITAL MAURITIUS LTD. (14.30%) นาง รัศมีทักราล (6.56%) ZENITH HOLDING MAURITIUS LTD. (5.96%) Others (33.79%) Company Information and Contact https://www.boutiquecorporation.com ir@boutiquecorporation.com 0-2620-8777 170/67, 21st floor, Ocean Tower 1, Soi Sukhumvit 16, Ratchadaphisek Road, Klongtoey, Klongtoey Bangkok 10110 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BC Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 21/05/2024 20


BGT : BGT CORPORATION PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company has been in a retail business of ready-to-wear apparels and related accessories under the trademark of Body Glove . The Company continuously develops store expansion by adding more flagship stores and counters in the department stores. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 147.97 126.87 487.77 524.30 Expenses 146.10 126.97 496.40 513.33 Net Profit (Loss) -10.67 -4.93 -49.47 -11.57 Balance Sheet (MB) Assets 824.82 821.35 758.12 825.34 Liabilities 499.18 440.50 421.81 439.57 Shareholders' Equity 325.64 380.85 336.31 385.78 Cash Flow (MB) Operating -16.42 38.28 38.04 96.72 Investing -5.31 -3.33 -18.13 -10.64 Financing 4.57 -18.55 -89.30 -89.40 Financial Ratio EPS (Baht) -0.03 -0.01 -0.14 -0.03 GP Margin (%) 56.22 58.47 56.78 57.37 NP Margin (%) -7.21 -3.89 -10.14 -2.21 D/E Ratio (x) 1.53 1.16 1.25 1.14 ROE (%) -15.63 -2.80 -13.70 -2.96 ROA (%) -0.81 1.25 -1.09 1.19 Business Plan • Enhance services and improve productivity Add channels to provide services to customers. • Retain old customers and increase the new customer base. • Keep product design up to date. • Provide more service channels to respond to the developments of today's world. • Find partners to join the business to increase service and meet the needs of customers. • Maintain the uniqueness of the Body Glove brand for customers to remember. Business Highlight • The company has designed and modernised the shops. To attract more consumers to spend on their products. • Produce new products such as swim wear, bags in response to the needs of consumers in today's era that is constantly changing. Performance and Analysis Business Performance Summary In Q1/2024, total revenue in an amount of 147.97 million Baht, increased from the same period of last year in an amount of 21.10 million Baht or increase 16.63% by revenue from sales of 145.34 million Baht, upper 20.16 million Baht or equivalent to 16.11% due to open more stores and the promotion to stimulate sales. Key Milestones The company focuses on developing more diversified products and also on expanding the platform through E-Commerce channels and Market Place. In addition, new flagship stores' formats have been designed to become more modern and meet the lifestyle of today's consumer, thus making the new store style a memorable symbol of the brand. The company distributes products through flagship stores of Body Glove located in key business areas including distribution through counters located within leading department stores in Thailand. There is also an E-Commerce channel to sell products online through the website www.bodyglove.co.th as well as Market Place channels such as Lazada, Shopee and Central online, and sales channels via Facebook Live, TikTok and Line OA of each branch to increase sales. Risk Management Policy 1. Determine policies and criteria for risk management such as policy formulation, objectives, scope, responsibilities, criteria and guidelines for risk management in accordance with the strategy and objectives of business operations. 2. For the internal control analysis and assessment to determine the level of risk remaining after the assessment, a risk management action plan for the work system must be prepared. 3. Determining how to prepare an action plan as it is organized in the risk analysis phase, acceptable risks should be taken into account. The risk response may be chosen with one or a combination of methods to reduce the likelihood of an incident and the severity of the impact of the incident. 4. Risk control by the responsible person including operators should consider risk management and implement policies and operating procedures to ensure that the company has managed the risks according to the internal environment of the Company and the nature of the business. 5. Follow-up and review of the risk management results according to the plan including assessing risk management results to report to senior management, Board of Directors and the Audit Committee. Revenue Structure Sale Revenue 98.22% Others 1.78% Stock Information mai / CONSUMP Closing price BGT mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BGT CONSUMP mai P/E (X) - 64.26 109.40 P/BV (X) 0.81 1.85 2.11 Dividend yield (%) - 1.05 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 272.64 276.28 414.41 Price (B/Share) 0.75 0.76 1.14 P/E (X) - - - P/BV (X) 0.81 0.79 1.12 CG Report: - Major Shareholders as of 18/03/2024 MISS DOLNAPA TUMWATTANA (24.28%) นาย นพดล ธรรมวัฒนะ (13.91%) น.ส. เทียรา่ธรรมวัฒนะ (9.66%) MRS. NANTARIKA CHANSUE (8.84%) นาง NATTANAN T-THIENPRASERT (3.85%) Others (39.46%) Company Information and Contact http://www.bodyglove.co.th 0-2540-2888 188 SUWINTHAWONG ROAD, MINBURI SUBDISTRICT, MINBURI DISTRICT Bangkok 10510 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BGT Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 05/06/2024 21


BIS : Bioscience Animal Health Public Company Limited 3M/2024 (Jan - Mar 2024) Business Overview The company is a leading manufacturer, importer and distributor of pharmaceuticals, vaccines, food supplements, raw materials, tools, equipment and other products for all types of livestock and pets. It focuses on the selection of quality products by an experienced team of veterinarians to enhance animal health as well as enhance the production efficiency of its animal farms. It is ranked as one of Thailand's largest operators with a comprehensive sales area across the country, including neighboring countries (CLMV). The company has been operating for over 20 years with a specialist team of veterinarians, and has a sales staff of over 70 people. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 575.74 538.09 2,426.93 2,219.68 Expenses 557.54 529.02 2,358.64 2,137.65 Net Profit (Loss) 13.47 6.42 50.71 55.92 Balance Sheet (MB) Assets 1,146.20 1,111.36 1,228.09 1,085.14 Liabilities 351.85 335.74 437.59 316.59 Shareholders' Equity 789.09 767.39 779.85 761.00 Cash Flow (MB) Operating -44.00 40.82 -22.56 -32.74 Investing 47.22 -30.99 61.59 -142.58 Financing -0.85 -0.79 -36.25 125.30 Financial Ratio EPS (Baht) 0.04 0.02 0.16 0.20 GP Margin (%) 14.25 13.40 13.80 14.44 NP Margin (%) 2.43 1.32 2.18 2.69 D/E Ratio (x) 0.44 0.43 0.55 0.41 ROE (%) 7.42 9.39 6.58 10.89 ROA (%) 6.86 6.36 5.90 8.19 Business Plan BIS has the strong goal and vision to be the biotech company and expand the business to the ASEAN region. The company has an investment plan focuses to enhance the operations and competitiveness. In particular, promoting research to develop products for livestock and pets. • Increased sales from the company's factory, which is an innovative Nutrition product from research and development in conjunction with Switch. Includes Lypotech EC and vitamin and mineral supplements (Premix). • Provides innovative and high-quality products to increase initial returns in three key product groups: Animal Health, Nutrition, Diagnostic. Business Highlight • The company's plans for this year are to build continuous growth along with Improving initial profitability from strategic adjustments to business operations and focused product groups, through production and hiring, through own branded products in all product groups and direct marketing to customers, feed factories and large livestock, increasing the company's initial profits, supporting industry growth, as well as revenue perception from business in the CLMV group, which is expected to grow steadily. • The company has plans to expand its business through a partnership model to Integrated animal health guidance and services to direct customer (B2C) through the Digital platform, which will push the market this year to grow by 10-15% as planned. Performance and Analysis Business Performance Summary • The company generated sales revenue of 568.36 million baht, an increase of 6.18% over the same period of the previous year (YoY) and a net profit of 13.47 million baht. An increase of 109.81% over last year's same period. The success factor was the penetration of a large, private Integrated Feed Mill customer market over the past few years, as well as the adjustment of its own-brand business strategy with a good profitability rate, and the recognition of the continued increase in revenue from expansion to the CLMV country, which resulted in the company's outstanding operating results. Key Milestones 1) One-stop feed factory customer focus. • Increased sales to customers, feed factories and large livestock. 2) Expand the CLMV market. • Reduce business risk by expanding business into potential CLMV countries, which will lead to greater profitability. • Investment in the country has begun to see a steady increase in operating returns as sales of animal feed supplements surge. 3) Launch a product under the company's trademark. (BIS Owned Brand) • Launching a product under the company's brand of products to penetrate the B2C customer base, which will be a key part of increasing the initial profit rate of the company, developing and launching new products to improve the corporate profit rate in the long term. Risk Management Policy The risk of infectious disease outbreaks in animals The situation of the spread of infectious diseases in animals that has re-emerged in neighboring countries has led to the risk of ASF in Thailand, which may result in a decrease in income from the sale of products in such animals. The company is aware of and attaches importance to closely following information on infectious diseases in animals and has adapted quickly Including training and providing knowledge about reducing and preventing the risk of the spread of infectious diseases in animals to customers continuously. As well as the company has expanded its business into poultry, aquatic animals and pets. continuously increased to reduce the risk of such epidemics and the company manages the risk of shortages of animal feed ingredients by ordering in advance and recruiting alternative raw materials to meet the needs of animal feed factory customers. Especially a protein source for animals. Revenue Structure Ingredient Products 18.59% Diagnostic Products 22.48% Animal Health Products 17.62% Complete Feed Products 16.76% Nutrition Products 24.42% Others 0.13% Stock Information mai / SERVICE Closing price BIS mai index 9.00 5.00 1.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BIS SERVICE mai P/E (X) 21.18 111.30 109.40 P/BV (X) 1.38 2.64 2.11 Dividend yield (%) 3.22 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 1,073.88 1,538.60 2,496.30 Price (B/Share) 3.42 4.90 7.95 P/E (X) 21.18 32.32 41.32 P/BV (X) 1.38 2.01 3.34 CG Report: - Major Shareholders as of 15/03/2024 BIS Group Holding Co., Ltd. (33.09%) MR. PANIANG PONGSATHA (9.38%) MR. DHANAWAT KHONGJAROENSOMBAT (8.89%) MR. SUCHAT WORRAWUTTHANGKOOL (5.88%) MR. PORAMASE KAMPAK (5.77%) Others (36.99%) Company Information and Contact https://www.bis-group.com info@bis-group.com 0-2960-0290-5 479 Floor 4, Muang Thong Thani, Bond Street Road, Bang Pud Sub-District, Pak Kred District Nonthaburi 11120 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BIS Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 13/06/2024 22


BLESS : BLESS ASSET GROUP PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Bless Asset Group Public Company Limited “BLESS” study of the main real estate business of residential properties for sale. Various sections of real estate Models include single-detached houses, semi-detached houses, 2- and 3-story townhomes, and low-rise (low-rise) condominiums. The company is confident that it will lead to the real estate development business. Especially the quality and standards of construction at the control stage, which will have the concept of working principles of use. of the house to maximize the actual usability at every meter level, including the facilities throughout the project and to make the house more than that, under the concept "Live your life...with more happiness. Live happily." Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 63.66 107.05 434.82 662.91 Expenses 70.96 100.68 415.59 609.15 Net Profit (Loss) -8.13 4.95 9.62 42.40 Balance Sheet (MB) Assets 2,358.00 2,155.06 2,299.56 2,149.10 Liabilities 1,200.34 993.94 1,133.78 992.94 Shareholders' Equity 1,157.66 1,161.12 1,165.79 1,156.16 Cash Flow (MB) Operating -54.05 -35.94 -17.20 71.97 Investing -1.07 -1.70 -4.23 12.89 Financing 64.14 15.78 -3.04 -95.69 Financial Ratio EPS (Baht) -0.01 0.01 0.01 0.06 GP Margin (%) 35.43 36.16 35.32 29.86 NP Margin (%) -12.77 4.63 2.21 6.40 D/E Ratio (x) 1.04 0.86 0.97 0.86 ROE (%) -0.30 3.29 0.83 4.16 ROA (%) 0.25 1.97 0.86 2.47 Business Plan Develop quality real estate projects in potential locations that are well equipped with public utility infrastructure. Can travel into the city easily, such as near the entrance to Kanchanaphisek Expressway No. 9, Si Rat Expressway, Stages 1 and 2, Chalerm Mahanakorn Expressway, Stage 1, Chalong Rat Expressway. Burapha Withi Expressway Udon Ratthaya Expressway and the location is close to the electric train extension that is under construction or those in future expansion plans, such as the Yellow Line Red Line and the Green Line extension Including the electric trains that have been opened for service in the past. To respond to the group of customers who focus on convenient travel, close to the city and close to amenities. which responds to every aspect of life Sustainable Development Plan The company places importance on conducting business within the framework of good governance principles. Be transparent and can be verified It is committed to developing the business along with creating a balance between the economy, society and the environment. The Company and its subsidiaries are committed to maintaining themselves as a company. It is a good example for society in conducting business to grow steadily and sustainably in 3 dimensions, namely the environment. (Environmental), social (Social), governance (Governance) or ESG based on ethics and principles of good corporate governance. Including being able to create returns for shareholders efficiently by taking into account the impact of business operations on those involved with the company in every aspect. Business Highlight Under the brand "BLESS", the company has focused on designing the project's architecture by taking into account changing lifestyles. Houses therefore have different functional functions according to the needs of each group of customers, such as residential, commercial, and new uses. Design common areas to blend with nature. To meet the needs of fulfilling the quality of life for every group of people. Whether it is elderly people (Older people), normal people, people with disabilities (people with disabilities), there are no obstacles. (Barrier-free) in use, creating equality in access to service areas. Designing for equal access for everyone It is considered a principle that develops space to make society more quality, including a Smart Home that is in line with modern lifestyles. Performance and Analysis Business Performance Summary Key Milestones In addition to good business results, the company also places importance on developing an internal management system to be more efficient. Mainly considering the sustainability of the organization. In addition, the company has registered to establish a subsidiary company. In order to expand the business structure of the company for even more growth, there are 4 companies as follows: 1.) Bless Asset Company Limited engages in project development business.2.) Blessociety Company Limited engages in project development business.3.) Bless Build Company Limited engages in construction contracting business.4.) Bless Service Plus Company Limited operates the business of managing condominium juristic persons and housing developments. Including receiving other services About real estate Risk Management Policy 1. Risk from the fact that the company operates a highly competitive real estate development business. The company is well aware of such risks. Therefore, there is a policy to develop projects by taking into account various factors such as location, style, functionality, quality, including prices that can compete in the market. In order to be able to respond to the needs of consumers as much as possible 2. Risk from fluctuations in project development costs The company has given great importance to such matters. Therefore, the price of construction materials has been surveyed regularly. To estimate appropriate project development costs. When starting to develop the project, negotiations will be conducted with suppliers to set purchase prices in advance to prevent fluctuations in such costs. Recent Awards and Recognitions 1.) Bless City Park Srinakarin - Thepharak project received an award as a project with a sustainable happiness ecosystem. (Environmental Category) of FIABCI-THAI 2.) Bless City Park Rangsit Khlong 3 , Blessington Wongwaen - Chatuchot received the award for being a project with the livability of horizontal projects (Residential Category) of FIABCI-THAI. Revenue Structure Horizontal real estate develop 99.85% Others 0.15% Stock Information mai / PROPCON Closing price BLESS mai index 1.00 0.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BLESS PROPCON mai P/E (X) 51.57 - 109.40 P/BV (X) 0.43 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 496.00 512.00 744.00 Price (B/Share) 0.62 0.64 0.93 P/E (X) 51.57 14.05 14.60 P/BV (X) 0.43 0.44 0.65 CG Report: Major Shareholders as of 15/03/2024 MISS Nipha Aphirattanarungruang (37.25%) นาย ณัฐพงษ์สุขเจริญไกรศรี(7.20%) MISS SALINTIP SUKCHAROENKRAISRI (7.13%) MR. Chatphon Sukcharoenkraisri (7.13%) นาย PIYANAT SUKCHAROENKRAISRI (6.66%) Others (34.63%) Company Information and Contact https://www.bagroup.co.th 0-2930-7155-8 609/154 Nawamin road, Nuanchan, Buengkum Bangkok 10230 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BLESS Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 05/06/2024 23


BM : BANGKOK SHEET METAL PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview We are leading manufacturing company and distributor for steel processing products such as Metal Trunkings & White Conduits, Enclosures, Fabrication metalworking, Mold and Sheet Metal Parts. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 371.78 312.95 1,430.37 1,305.22 Expenses 356.60 291.11 1,360.75 1,223.20 Net Profit (Loss) 9.23 13.58 40.17 55.05 Balance Sheet (MB) Assets 1,589.32 1,512.36 1,637.19 1,424.88 Liabilities 652.12 630.66 709.22 556.93 Shareholders' Equity 937.20 881.19 927.52 867.60 Cash Flow (MB) Operating 51.01 32.90 79.22 160.93 Investing -43.23 -48.43 -137.46 -122.81 Financing 6.56 41.97 47.52 -28.16 Financial Ratio EPS (Baht) 0.02 0.03 0.09 0.12 GP Margin (%) 16.95 17.96 16.38 15.09 NP Margin (%) 2.48 4.39 2.82 4.22 D/E Ratio (x) 0.70 0.72 0.76 0.64 ROE (%) 3.52 6.03 4.48 6.67 ROA (%) 2.43 4.86 3.61 5.18 Business Plan • Maintain average revenue growth 10%-20% per year. • To build new factory in Free Zone for business expansion, particularly for export, which is expected to start operation within year 2023. • To improve and develop production process with new technology for cost control. • To have reinforce collaboration with business partners for oversea sale and business expansion. Sustainable Development Plan The company always employ corporate management that embraces good corporate governance and sustainable development, achieving company business goals in support of solid business management practices, also applying international industrial standards to increase efficiency and effectiveness in all aspects in order to create sustainability of the organization, increase value for all shareholders, and all groups of stakeholders and create sustainable society. Business Highlight In year 2023, the Company is preparing to set up new plant in Free zone in order to locate production base for export business. Recently, a Free Zone Permit/License has been granted. Performance and Analysis Business Performance Summary The company focuses on improving production efficiency, including cost control by bringing innovation to grow our business. The recent business performance shows an increase in net profit compared to the previous year. Our business expansion has been obviously seen in both public and private sectors (contractors and construction companies) such as various electric train projects, expansion of Suvarnabhumi Airport, department stores and the Universal Service Obligation (USO) Net project (Community Digital Centers). Key Milestones The Company produces metal furniture, exports our products to a big customer in the United States of America. It is the first important step for the Company to succeed in international markets which is aligned with a company goal to step up to global competition. Moreover, Additionally, the Company has invested in NITTO KOGYO BM THAILAND Company Limited (an associated company) since 2018 and has cooperated with Nitto Kogyo Corporation, our Japanese business partner, to accomplish company goals and generate positive business results. Risk Management Policy • Material fluctuations as the world’s material price and government’ s policy for material price management and control: When material cost is high adjusted price, it will be effected to production cost and profit margin if sale price is unable to raise up according cost as higher in case of insufficient stored materials. • Competitor number is increased in the industry market: In steel product’s production and supply industry is in medium level of competition. We concern the customer’s satisfaction for quality products and services with modern technology machines and maintain relationship and trust to customers continuously. Recent Awards and Recognitions • Year 2015 High Flyer Entrepreneur from Asset Pro Management Co., Ltd. (APM) • Year 2016 IPOP Award in the project “Proudly New Shares of Samutprakarn Province” which BM is the representative of listed companies in Samutprakarn province to be awarded by Securities and Exchange Commission Thailand. • Year 2017 Opportunity Day (Public) Award by Fanzi Club (mai) and IR Promotion Award by mai for company snapshot. • Year 2019 BM’s electric Tuk Tuk won Technology for Equipment Machinery Award 2019 for Quality of Life/Community Development, organized by Ministry of Science and Technology and Thai Machinery Association. Revenue Structure 1.Metal Trunkings & Conduits 31.51% 2.Cabinets & Enclosures 1.35% 3.Electrical Switchboards 1.88% 4.Fabrication & Metalworking 0.46% 5.Dies Marking, Metal furniture 53.63% 6.Sheet Metal Parts, Press Part 7.66% 7.Other Income 3.51% Stock Information mai / INDUS Closing price BM mai index 5.00 3.50 2.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BM INDUS mai P/E (X) 42.84 22.58 109.40 P/BV (X) 1.86 1.27 2.11 Dividend yield (%) 2.43 2.28 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 1,720.83 1,819.54 2,080.80 Price (B/Share) 2.84 3.02 4.38 P/E (X) 42.84 67.45 35.42 P/BV (X) 1.86 2.00 2.52 CG Report: - Company Rating: Major Shareholders as of 13/03/2024 Mr. Tirawat Amornthatri (10.50%) Mr. Tanes Sujjaboriboon (10.09%) NITTO KOGYO CORPORATION (9.33%) MECT HOLDING CO., LTD. (8.96%) Mr. Luacha Bho-ob (5.31%) Others (55.81%) Company Information and Contact http://www.bmplc.co.th bmc@bmplc.co.th 0-2817-5555-7, 0-2817-5440-3 149 Moo 6 Suksawad rd., Bangjak, Prapadang Samut Prakarn 10130 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BM Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 24/05/2024 24


BOL : BUSINESS ONLINE PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview BOL is a leader in business information and aims to assist customers in capturing opportunities and anticipating risk in the business world. BOL's services include providing actionable insights through modern software and applications, designing and developing solutions for corporations and financial institutions, as well as being a business advisor both nationally and in the ASEAN region. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 185.60 191.28 789.35 699.17 Expenses 104.96 104.39 432.50 381.14 Net Profit (Loss) 64.93 67.78 290.31 270.69 Balance Sheet (MB) Assets 1,475.43 1,298.74 1,388.24 1,208.17 Liabilities 380.73 484.16 358.82 326.24 Shareholders' Equity 1,094.70 814.58 1,029.42 881.93 Cash Flow (MB) Operating 51.10 20.39 225.33 272.79 Investing 161.55 6.70 72.50 103.35 Financing -1.26 -1.19 -259.05 -230.24 Financial Ratio EPS (Baht) 0.08 0.08 0.35 0.33 GP Margin (%) 64.29 64.16 63.15 67.05 NP Margin (%) 34.99 35.43 36.78 38.72 D/E Ratio (x) 0.35 0.59 0.35 0.37 ROE (%) 30.11 36.60 30.38 33.01 ROA (%) 25.14 27.12 27.32 28.03 Business Plan BOL is striving to be the leading provider of business information and analytics tools to enable our customers in a fast and effective decision making process. The company continuously develops and updates its existing business registry and financial database while searching for new information sources. Leading innovations from around the world are harnessed to offer new dimensions in analyzing and interpreting business risks and opportunities. The security of our database and network is at heart of business, ensuring a smooth running of customer experience. To expand the reach of our services, the company has initiated ventures aboard. Sustainable Development Plan In addition to conducting business to drive the economy, the Company adheres to Good Corporate Governance policies and ethical principles along with having a sense of social responsibility while considering all internal and external stakeholders. The Company also takes part in creating benefits to Thai society both directly and indirectly in order to contribute to sustainable development. Business Highlight In 2023, the Company worked with global partners to deliver risk management solutions and provided complex data management services for government institutions. In 2023, the Company revealed its Credit Risk Rating, a new feature which identifies and quantifies potential cybersecurity vulnerabilities and provides potential solutions to assist customers in effective cyber risk management. Performance and Analysis Business Performance Summary • The company and its subsidiaries presented a total revenues of Baht 185.6 million, decreased by Baht 5.7 million or -3.0%, compared with the total revenues in Q1/2023. The main reasons were a decrease in data and risk management services of Baht 15.0 million, while information services increase of Baht 9.8 million. • The company and its subsidiaries had net profit of Baht 64.9 million which decreased by Baht 2.9 million, or -4.2% compared to the net profit in Q1/2023. Key Milestones • 1995 Established Business Online Co., Ltd. (BOL). • 2003 The company converted its status to a public company. • 2004 Listed on the "Market for Alternative Investment (mai)", The Stock Exchange of Thailand. • 2006 Established a subsidiary D&B (Thailand) Company Limited • 2017 Established a subsidiary BOL Digital Company Limited Risk Management Policy Risk management is an important tool to ensure that the external and internal risks affecting the company’s goals will be addressed and mitigated for effective and efficient operations. The company’s risk management policies, in addition to being comprehensive and implemented Company-wide, also focus on control activities and monitor company activities to ensure that the risk management policies appropriate and can be adopted throughout the organisation with oversight by the accountable management team. The information and communication of the risks is also available to everyone in the organisation to enhance the responsiveness in handling the risks effectively. The risk management policy is developed based on the Good Corporate Governance practice. Recent Awards and Recognitions • 2020 BOL received 200 Best Under A Billion Award from Forbes Asia Magazine for listed companies which had revenues of less than a billion US Dollars and had outstanding performances • 2022 BOL, D&B Thailand and BOL Digital were certified on the Privacy Information Management System according to ISO/IEC 27701:2019, which is an extension to the ISO/IEC 27001, to reinforce credibility and best practice when managing personal data • 2023 D&B Thailand received an award for “Data Excellence” from Dun & Bradstreet International Ltd. Revenue Structure Information services 73.49% Data and risk management 15.76% Other services 10.75% Stock Information mai / SERVICE Closing price BOL mai index 12.00 8.50 5.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BOL SERVICE mai P/E (X) 22.05 111.30 109.40 P/BV (X) 6.22 2.64 2.11 Dividend yield (%) 4.10 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 6,399.94 7,384.55 9,107.61 Price (B/Share) 7.80 9.00 11.10 P/E (X) 22.05 25.10 34.37 P/BV (X) 6.22 8.30 11.97 CG Report: Company Rating: Major Shareholders as of 27/02/2024 CTOS DIGITAL BERHAD (24.83%) ADVANCED RESEARCH GROUP CO., LTD. (16.42%) DUN & BRADSTREET INTERNATIONAL, LTD. (8.68%) MR. VISNU SKULPICHETRAT (7.86%) MR. Min Intanate (5.98%) Others (36.23%) Company Information and Contact http://www.BOL.co.th IR@bol.co.th 0-2657-3999 No. 1023 MS Siam Tower, 28 Floor, Rama III Road, Chong Nonsi, Yannawa Bangkok 10120 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BOL Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 27/05/2024 25


BSM : BUILDERSMART PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Manufacturer and distributor High Performance Construction Product Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 122.79 114.04 493.22 740.68 Expenses 118.11 122.66 507.06 742.05 Net Profit (Loss) 2.16 -17.89 -52.98 -31.17 Balance Sheet (MB) Assets 1,224.60 1,323.51 1,244.91 1,338.05 Liabilities 794.12 862.46 816.56 889.23 Shareholders' Equity 418.32 451.26 416.17 448.81 Cash Flow (MB) Operating 13.26 17.42 92.77 260.01 Investing -0.48 -7.09 -13.59 -17.62 Financing -28.06 0.69 -77.35 -247.83 Financial Ratio EPS (Baht) 0.01 -0.01 -0.25 -0.02 GP Margin (%) 33.41 24.87 28.02 20.62 NP Margin (%) 2.62 -15.57 -10.23 -4.21 D/E Ratio (x) 1.84 1.87 1.91 1.98 ROE (%) -7.58 -11.53 -12.25 -6.71 ROA (%) 0.03 -1.50 -1.07 0.06 Business Plan Sustainable Development Plan Business Highlight Performance and Analysis Business Performance Summary Key Milestones Risk Management Policy Revenue Structure Stock Information mai / PROPCON Closing price BSM mai index 4.00 3.00 2.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BSM PROPCON mai P/E (X) - - 109.40 P/BV (X) 1.28 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 532.63 558.19 703.07 Price (B/Share) 2.50 2.62 0.33 P/E (X) - - - P/BV (X) 1.28 1.30 1.52 CG Report: Major Shareholders as of 08/03/2024 MRS. PATTAYA PICHETPONGSA (14.12%) MR. WARUT PANUPATTANAPONG (8.82%) MR. SUNCHAI NUENGSIT (7.28%) MRS. PANIDA PANUPATTANAPONG (6.08%) MRS. NARISA NUENGSIT (5.57%) Others (58.13%) Company Information and Contact http://www.bsmgroup.asia ir@buildersmart.com 0-2683-4900 1055 Rama 3 Road, Chong Nonsi Subdistrict, Yannawa District Bangkok 10120 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BSM Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 31/05/2024 26


BTW : BT WEALTH INDUSTRIES PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview BT Wealth Industries Public Co., Ltd. (BTW) is a Holding Company with Best Tech & Engineering Ltd. (BTE) as the Core Company providing processed steel products and fabricated steel structures services in accordance with the requirements and demands (specifications) of our clients. Manufactured products are delivered to large-scale construction sites for assembly and installation. Our clients specialize in heavy industry such as mining, oil & gas, and energy; from diverse locations both domestic and international. BTE has the potential to award wide range of works and comply with international quality standards. Available parts fabrication works requiring knowledge and expertise include fabrication, assembly, and processing of piping systems, pressure vessels, storage tanks, and steel structures. Furthermore, works available for large-scale projects include processing and assembling of work modularization. Since 2016, BTE has expanded the work scope by becoming main power plant EPC contractor focusing on renewable energy power plants such as biomass, solar, and biogas power plants. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 70.90 341.14 596.76 2,259.81 Expenses 91.74 367.50 1,343.00 2,204.20 Net Profit (Loss) -23.45 -31.90 -769.49 34.49 Balance Sheet (MB) Assets 720.68 1,719.37 773.57 1,902.87 Liabilities 467.04 706.75 496.41 858.18 Shareholders' Equity 256.26 1,012.37 279.71 1,044.26 Cash Flow (MB) Operating 62.85 28.64 121.44 -0.07 Investing -46.10 2.01 26.70 -20.77 Financing -29.09 -72.06 -214.84 66.65 Financial Ratio EPS (Baht) -0.03 -0.04 -1.02 0.05 GP Margin (%) -8.51 -0.51 -98.05 6.96 NP Margin (%) -33.17 -9.40 -129.45 1.53 D/E Ratio (x) 1.84 0.70 1.79 0.82 ROE (%) -119.98 -1.59 -116.24 3.37 ROA (%) -60.71 0.34 -55.76 3.13 Business Plan BTW Group aims for an average of 10% annual growth in fabrication revenue in the next three years by. The plan to achieve the growth is to expand new customer base and enhance the fabrication process efficiency by minimizing fabrication costs and maximize client satisfaction. In order to expand new customer base, BTW group will focus on meeting new customers in Thailand and overseas, especially Australia. BTW aims to expand the Thai customer base into power plant sector where the Group has expertise in offering long-term services. Another plan the group looks forward to pursue is to invest in renewable power businesses by exploring various investment opportunities, including participation in bidding for renewable power projects. Sustainable Development Plan BTW Group aims to explore investment projects with decent returns on investment and income consistency in order to create opportunities to expand the business. Furthermore, the Group will focus on creating value added by obtaining international certification and recognition for both products and services in the long-term business. Finally, the Group will develop and promote new corporate innovation and technology as part of business strategy to create value-added and long-term corporate growth. Business Highlight Backlog as of 31 March 2024, totaling 432 MB. Performance and Analysis Business Performance Summary For the first quarter of 2024, -The Company's net loss totaled 23.45 mil. baht compared to the same quarter last year decreased by 8.45 mil. baht as a result of the decrease in project work received. The revenue realized came from ongoing projects from the previous year, such as large-scale processing and assembly work of oil refineries. - Cost from manufacturing and services decreased from the same period of 2023 by 264.81 mil. baht, but still accounted for a high proportion of revenue from manufacturing at the rate of 109 %. This is mainly due to the rising cost of marginal work, as well as contractor labor wages and production costs, so the first quarter of this year resulted in a gross loss. -Admin. expenses decreased from the same period of 2023 by 12.48 mil. baht, mainly due to expenses related to salaries and wages from employment reductions in line with the work received. -Financial costs decreased by 2.11 mil. baht from the same period of 2023 due to the gradual repayment of financial institutions' liabilities. Key Milestones 2020 BTE increased its registered capital by 2.2 million shares by selling to existing shareholders at the price of THB 100 per share, resulting in a total registered capital of 300MB. 2023 BTE increased its registered capital by 1 million shares by selling to existing shareholders at the price of THB 100 per share, resulting in a total registered capital of 400MB. March 2024 BTE increased its registered capital by 1 million shares by selling to existing shareholders at the price of THB 100 per share, resulting in a total registered capital of 500MB. Risk Management Policy Material price risk The subsidiary has risk of price fluctuation of steel which is major raw material. The subsidiary enters into steel purchase agreement with suppliers according to the total demand of each project as soon as the service agreement with a customer has been made to mitigate the price risk of steel. Foreign currency risk The subsidiary’s exposure to foreign currency risk relates primarily to its trading and expense transactions that are denominated in foreign currencies. The subsidiary manages risk by ensuring that the contractual prices agreed with its customer can, to certain extent, accommodate the currency rate changes. In addition, has a policy to regularly execute forward transactions when appropriate to alleviate the potential impact of foreign exchange rate fluctuation on the subsidiary’s performance. Interest rate risk The subsidiary’s exposure to interest rate risk relates primarily to short-term loans. The subsidiary manages risk by using borrowings mostly as fixed rates loans and therefore believes that the impact to the Group’s profit before tax from interest rate risk is immaterial. Liquidity risk The Group manages it liquidity risk by maintaining a level of cash and cash equivalents as well as management of current assets and current liabilities and sources of fund as deemed adequate to finance the operations of the Group. Recent Awards and Recognitions The Group has been awarded Management System Standard Certification (ISO 9001) and Environmental Management Standard Certification (ISO 14001). The Group's product manufacturing and assembly process has met various international standards and domestic & international client demands by acquiring adequate international quality assurance certification from renowned accreditation organizations, including ASME (USA), NBIC (USA), TUV NORD (EU), MHI (JP), and JIS-H (JP). Revenue Structure Revenue from fabrication work 91.01% Others 8.99% Stock Information mai / PROPCON Closing price BTW mai index 1.00 0.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 BTW PROPCON mai P/E (X) - - 109.40 P/BV (X) 0.78 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 219.24 234.36 453.60 Price (B/Share) 0.29 0.31 0.60 P/E (X) - - - P/BV (X) 0.78 0.42 0.45 CG Report: Company Rating: Major Shareholders as of 28/03/2024 นาย โชติก รัศมีทินกรกุล (22.34%) นาง ศิริพร ศาตวินท์(12.38%) นาย ป�ยพัทธ์รัศมีทินกรกุล (5.29%) นาย ภวนันท์ศาตวินท์(5.16%) นาย ศรัณย์ศาตวินท์(4.76%) Others (50.07%) Company Information and Contact http://www.btwealthindustries.com info@btw.co.th 0-2314-2150-52 593/3 Soi Ramkhamhaeng 39 (Thep Leela 1), Ramkhamhaeng Road, Wangthonglang Bangkok 10310 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=BTW Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 27/05/2024 27


CAZ : CAZ (THAILAND) PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The company provides services for engineering, procurement and construction and Fabrication works in Oil & Gas, Petrochemical, Chemical, Energy, Power plants. The company's services can be categorized into 5 scopes as following:1. Engineering, Procurement and Construction 2. Structural Mechanical Piping and Electrical and Instrument Service 3. Civil Construction Service 4. General Construction Service 5. Fabrication and Other Service Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 949.87 881.68 3,166.69 3,137.81 Expenses 880.23 803.82 2,875.68 2,867.27 Net Profit (Loss) 52.32 55.67 214.57 201.38 Balance Sheet (MB) Assets 2,631.25 2,136.60 2,306.64 2,091.36 Liabilities 1,597.10 1,255.74 1,325.21 1,270.04 Shareholders' Equity 1,018.35 865.92 966.03 810.26 Cash Flow (MB) Operating -148.29 38.12 287.06 239.61 Investing -15.73 -5.59 -31.50 -48.29 Financing 95.50 4.40 -198.24 -337.36 Financial Ratio EPS (Baht) 0.18 0.19 0.73 0.68 GP Margin (%) 10.48 11.33 12.67 11.65 NP Margin (%) 5.55 6.75 6.91 6.53 D/E Ratio (x) 1.54 1.43 1.35 1.55 ROE (%) 22.42 24.66 24.16 27.50 ROA (%) 11.86 12.87 13.23 13.31 Business Plan The Group business expansion goals as following: • Strategies of new customer’s acquisition and new projects receiving through many distribution channels such project owners, main contractors and collaboration partnerships. • Serving diversify of customer requirement with two main factories which are Steel structure and fabrication factory, and Piping system factory. • Development and enhance team’s abilities and expertise for all kind relevant works such engineering and construction works to serve all customer requirement. • In order delivery work on time and meet the customers satisfaction with efficiency budget costs, the Group has closely monitoring and continually project management strategy for work achievement Sustainable Development Plan The Group is managed and operated for sustainability with consideration for all stakeholders throughout the business value chain in 3 sections: economy, society, and environment to achieve the vision of "To be one of the leaders in construction services with competence and competitiveness and be a part of creating stable and sustainable growth for Thailand" with the following strategies: • Operations with safety, in accordance with international standards. in accordance with the Code of Business Conduct and the principles of good corporate governance. • Improve the qualities of works to build confidence and create customer's satisfaction. • Using resources wisely and minimizing environmental impact. Business Highlight Q1/2024, the Group achieved to deliver Nongfab LNG Receiving Terminal Project amounting of Baht 2,334 million to client. And also already received a Final Acceptance Certificate (FAC) during the period. Performance and Analysis Business Performance Summary Management Discussion and Analysis for the 1st Quarter ended 31 March 2024 Key Milestones 2023 The company renovated the factory located at the head office in Muang district, Rayong province, by installing a solar roof to promote and reduce fossil fuel electricity usage. 2022 The group recognized for the year total amount 3,167 MB, which was a new high of total revenue since established 2021 The company received the international standard for Occupational Health and Safety Management (ISO 45000:2008) 2020 The company expanded the fabrication work capacities to new factory located on Pluakdaeng district, Rayong province. 2019 The company offered to sell the newly issued shares to the public for the first time amount 80MB shares totaling 312MB. 2018 The company transformed its status from CAZ (Thailand) Co.,Ltd. to CAZ (Thailand) Public Co.,Ltd. and increased its registered share capital to 140MB 2014 The company was established with initial registered capital of 28.5MB, comprising of 285,000 share with par value of 100baht/share Risk Management Policy 1.Price Volatility of Raw Materials and Equipment used in installation Risk: The Group set a policy to reduce the risk of construction by estimated construction cost before entering into a project bid, The information used from the Group's internal dababase and information on past construction projects provided to clients. Moreover, the Group set material price by issuing purchase order to vendors in advance to prevent any price adjustments. 2.Inaccurate Construction cost estimations risk: The Group has set a guideline for estimating the cost of construction services. Based on the experience and expertise in the construction planning of the engineering team, together with the construction cost calculation database of past projects. Executives also hold monthly internal meetings to update the status of costs incurred on each project and update project costs each quarter. Recent Awards and Recognitions The Group awards and achievements 1.Customers' Honorable: type of excellent service. • Samsung Engineering (Thailand) Co.,Ltd. : Wangnoi Compressor Station Project in year 2019 • Samsung Engineering (Thailand) Co.,Ltd. : Propylene Oxide Project in year 2020 2.Customers' Honorable: type of best partners. • Y2019: Samsung Engineering (Thailand) Co.,Ltd. Revenue Structure SMP and E&I Service 69.37% Civil & Building Service 24.54% Fabrication and Other Service 4.23% EPC Service 1.63% General Construction Service 0.23% Stock Information mai / PROPCON Closing price CAZ mai index 5.00 3.50 2.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 CAZ PROPCON mai P/E (X) 4.96 - 109.40 P/BV (X) 1.10 2.56 2.11 Dividend yield (%) 5.84 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 1,064.28 999.60 1,228.92 Price (B/Share) 3.62 3.40 4.18 P/E (X) 4.96 5.13 5.59 P/BV (X) 1.10 1.09 1.58 CG Report: Major Shareholders as of 13/03/2024 บริษัท ทาคูนิ(ประเทศไทย) จํากัด (36.64%) นาย KOBKUN THIENPREECHA (12.82%) MR. CHUNGSIK HONG (9.76%) UBS AG LONDON BRANCH (9.55%) MR. WANGYOUP JHEE (2.77%) Others (28.46%) Company Information and Contact http://www.caz.co.th 0-3860-6242 239 Huaypong-Nongbon Rd., T. Huaypong, A. Muangrayong Rayong 21150 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=CAZ Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 11/06/2024 28


CFARM : CHUWIT FARM (2019) PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The company conducts a livestock farming business for raising broiler chickens under the contract farming term. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 52.35 51.78 240.99 228.70 Expenses 48.14 46.64 199.53 196.01 Net Profit (Loss) 1.85 2.43 30.49 21.97 Balance Sheet (MB) Assets 720.22 759.47 730.13 771.07 Liabilities 262.99 323.81 274.75 345.25 Shareholders' Equity 457.23 435.66 455.38 425.82 Cash Flow (MB) Operating 1.71 18.15 93.65 137.27 Investing -2.59 -5.97 14.77 -5.94 Financing -16.07 -19.75 -77.58 -115.95 Financial Ratio EPS (Baht) 0.00 0.01 0.07 0.05 GP Margin (%) 18.29 6.85 22.47 18.44 NP Margin (%) 3.54 4.69 12.65 9.60 D/E Ratio (x) 0.58 0.74 0.60 0.81 ROE (%) 5.43 3.69 6.69 5.16 ROA (%) 4.92 3.42 5.68 4.24 Business Plan CFARM has a business plan that will be implemented in the future. To create stable and sustainable growth The company has plans to build a greenhouse to increase production capacity to support future growth. The company also has an investment plan to improve work systems to increase efficiency and reduce production costs. Sustainable Development Plan The Board of Directors has determined the main objectives and goals of the organization in conducting its business in order to achieve sustainability. and is consistent with creating value for the business, customers, and all stakeholders. and society as a whole Including communication for personnel at all levels to adhere to in performing their duties in order to achieve the stated objectives and goals. and to be the culture of the organization In addition, the committee will promote using of technology and innovations to ensure that business operations are in accordance with established policies efficiently. Including requiring that objectives, goals, and strategic plans be reviewed every year. To ensure that it is consistent with economic conditions, organizational potential and the main goal plan of the business By closely following the evaluation. Business Highlight • The company has more than 20 years of experience which is experts in the livestock farming business types of broiler farms • The Company has had good relationships with all contracting parties • The company has received international standards ISO 9001:2015, ISO 14001:2015, ISO 45001:2018. • The company has received certification of good agricultural practices for broiler farms (GAP) from the Department of Livestock Development. • The company has received investment promotion according to the Investment Promotion Act B.E. 2520 (BOI). The Board of Investment has granted corporate income tax exemption benefits to the company for net profits derived from the company's business operations. Performance and Analysis Business Performance Summary For the 3-month periods of 2023 and 2024, the company had total income equal to 51.78 million baht and 52.35 million baht, respectively, which increased from the same period of the previous year by 0.57 million baht or an increase of 1.11 percent, mainly increased. Mainly comes from income from contract farming of broilers. For the 3-month periods of 2023 and 2024, the company has total expenses equal to 46.64 million baht and 48.14 million baht, respectively. The proportion is 90.08 percent and 91.95 percent to total revenue, respectively. which increased by 1.50 million baht or an increase of 3.21 percent compared to the same period of the previous year. For the 3-month periods of 2023 and 2024, the company has a net profit of 2.43 million baht and 1.85 million baht, respectively. They accounted for 4.69 percent and 3.54 percent to total revenue, respectively. which decreased from the same period of the previous year by 0.58 million baht or a decrease of 23.78 percent. The main reason is due to The number of raising cycles and the quantity of chicks decreased, resulting in the amount of bedding by-products decreasing in the same direction as the raising cycles. In addition, the price of by-products decreased compared to the previous year. Including increased administrative expenses from preparing to be listed company. As a result, the company's net profit decreased compared to the same period of the previous year. Key Milestones Risk Management Policy The Risk Management Committee has duties, which include: 1. Evaluate and review the nature of risks that the company is experiencing or expected to occur and affect the company. (Identification of Risk) and determine the acceptable risk level of the company (Risk Appetite) 2. Set a comprehensive risk management policy for both outside and inside the company. and consistent with the strategy and direction of the business and present it to the Board of Directors for consideration and approval. It must cover at least 4 risks as follows: 1) Financial Risk 2) Operational Risk 3) Strategic Risk 4) Compliance Risk 3. Set strategies and guidelines for risk management in line with the risk management policy. To be able to evaluate, follow up, and supervise risk levels to be at an acceptable level. Recent Awards and Recognitions CFARM operates business with the vision "We are broiler farmers with quality and international standards", it has received awards from both the government and private sectors as follows. • Production of excellent quality chicken in 2023 • Outstanding establishment in employing people with disabilities in 2022 Revenue Structure Contract broiler farming 93.91% Sale of by-products 4.46% Others 1.63% Stock Information mai / AGRO Closing price CFARM mai index 0.00 0.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 31/03/24 CFARM AGRO mai P/E (X) N/A 23.62 109.40 P/BV (X) N/A 3.15 2.11 Dividend yield (%) N/A 3.31 1.80 31/03/24 - - Market Cap (MB) N/A N/A N/A Price (B/Share) N/A N/A N/A P/E (X) N/A N/A N/A P/BV (X) N/A N/A N/A CG Report: - Major Shareholders as of 30/05/2024 นางสาว มธุชา จึงธนสมบูรณ์(40.89%) นาย จิรายุส จึงธนสมบูรณ์(12.51%) นางสาว วิลาสิณีจึงธนสมบูรณ์(12.51%) นาย ชูวิทย์จึงธนสมบูรณ์(3.11%) นาง ภณิดา จึงธนสมบูรณ์(3.11%) Others (27.87%) Company Information and Contact http://www.chuwitfarm.com admin@chuwitfarm.com 0-4463-1551 723 Chokchai - Det Udom Road, Nangrong Subdistrict, Nangrong District Buriram 31110 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=CFARM Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 14/06/2024 29


CHEWA : CHEWATHAI PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company and its subsidiaries engage in core businesses, which are residential development projects. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 545.95 384.21 1,899.04 2,148.12 Expenses 507.52 353.44 1,865.94 1,913.03 Net Profit (Loss) 16.87 7.12 -69.11 115.43 Balance Sheet (MB) Assets 5,602.03 6,379.80 5,906.43 6,312.42 Liabilities 3,685.19 4,402.99 4,005.85 4,321.55 Shareholders' Equity 1,916.84 1,976.81 1,900.58 1,990.87 Cash Flow (MB) Operating 359.04 -85.67 641.76 349.92 Investing 96.20 -1.02 -132.79 -51.50 Financing -436.30 51.00 -589.08 -705.27 Financial Ratio EPS (Baht) 0.01 0.01 -0.05 0.09 GP Margin (%) 27.97 28.78 28.19 29.53 NP Margin (%) 3.09 1.85 -3.64 5.37 D/E Ratio (x) 1.92 2.23 2.11 2.17 ROE (%) -3.05 6.52 -3.55 5.93 ROA (%) 0.56 3.97 0.44 3.57 Business Plan Developing real estate projects for diverse residential purposes according to the strategy, with a focus on transportation hubs and convenient connectivity points. Seeking business consolidation and takeover opportunities to enhance property domination. Increasing the development share horizontally to expand into various provinces beyond major cities to diversify risks into new markets. Determinedly seeking investment opportunities with business partners. Sustainably planning long-term growth with the goal of achieving a revenue balance of 55% from vertical projects, 40% from horizontal projects, and 5% from recurring income. Sustainable Development Plan The Company focuses on adopting the principles of environmental, social, and governance (ESG) sustainability to apply to the Company's management. Regarding the environment, the Company has implemented the "CHEWA Goes Green" project to raise awareness, instill a sense of energy conservation, resource preservation, and proper waste separation, as well as add value to waste by upcycling it to create benefits in the future. This also helps reduce some of the Company. Regarding society, the Company provides employee welfare, builds good relationships, and provides opportunities for employees to communicate their opinions, suggestions, and ideas that are beneficial to the Company with top executives under the "Boon Ror Fung" project. The project also serves as a channel for receiving concerns in order to help reduce the risk of corruption. The Company also continuously develops employees’ skills to assist in maximizing product quality and organizational growth, ensuring the business operates securely and sustainably. Business Highlight In the year 2567, the company has plans to expand projects vertically across various target groups. It continues to emphasize online marketing across all platforms to cater to the changing lifestyles of the era, prioritizing consumer perspectives in various dimensions to align with current situations. Cost and expense management policies remain a top priority, focusing on ensuring cost-effectiveness. Additionally, there is a policy focus on implementing Environmental, Social, and Governance (ESG) principles to adapt to the company's management practices. Performance and Analysis Business Performance Summary • For the first quarter of the year 2567, the company generated revenue from property sales totaling 491.22 million baht, accounting for 90.96 percent of total revenue. This marks an increase from the same quarter of the previous year, which amounted to 119.55 million baht, representing a growth of 32.17 percent. • The gross profit from property sales for the first quarter of the year 2567 amounted to 137.40 million baht, representing an increase of 30.45 million baht compared to the same quarter of the previous year. The gross profit margin from sales is at 27.97 percent. • From the performance results of the first quarter of the year 2567, both the company and its subsidiaries achieved a net profit from operations for the three-month period amounting to 16.26 million baht. This represents an increase in net profit from the same quarter of the previous year, which was 8.05 million baht, or a percentage increase of 97.93. Key Milestones In the year 2567, there are plans to further expand high-rise projects by 1-2 additional projects this year. Starting with the condominium project 'Chewathai Hallmark Ekkamai-Raminthra' with a project value of 1,014 million baht. Risk Management Policy Multiple risk factors include interest rate policies of the Monetary Policy Committee, which are trending towards stability throughout the year. This affects project development costs and market land prices, which adjust upwards following reassessment of government land appraisal prices. Declarations of minimum wage rates also impact project development costs, necessitating higher price adjustments, thus affecting purchasing power of customers in the middle and lower levels. These factors influence decisionmaking and credit requests overall, enabling the company to manage potential risks effectively. The Company continues to focus on managing financial costs efficiently and maintaining appropriate levels of working capital. Additionally, it reinforces project expansion to consistently increase revenue alongside good business governance. Recent Awards and Recognitions Excellent CG Score 2566 (IOD)/ Excellent information on the 2566 AGM  (TIA)/ Declaration to join CAC and certified by CAC/ SET Awards 2022 Business Excellence Outstanding Investor Relations Awards & Best IR Awards 2022 Market Cap. up to THB 1.5 bln. Revenue Structure Condominiums 66.42% Housing 31.41% Second-hand project 2.17% Stock Information mai / PROPCON Closing price CHEWA mai index 1.00 0.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 CHEWA PROPCON mai P/E (X) - - 109.40 P/BV (X) 0.34 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 650.26 624.76 956.27 Price (B/Share) 0.51 0.49 0.75 P/E (X) - - 7.97 P/BV (X) 0.34 0.32 0.48 CG Report: Company Rating: Major Shareholders as of 29/03/2024 CHARTCHEWA COMPANY LIMITED (67.64%) MRS. JAROONLAK PANICHEWA (5.71%) MR. NARONGSAK MAITREEPOJ (1.62%) MR. PISUN SIRISUKSAKULCHAI (0.98%) MISS NARISA PHINICHKUSOLCHIT (0.82%) Others (23.23%) Company Information and Contact http://www.chewathai.com ir@chewathai.com 0-2679-8870-3 1168/80 Lumpini Tower 27th Floor., Unit D, Rama IV Road, Kwaeng Tungmahamek, Khet Sathorn Bangkok 10120 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=CHEWA Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 16/05/2024 30


CHO : CHO THAVEE PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Design, inventing and manufacturing commercial automotive engineering systems including rail technology and defense industry products for example trucks, trailers, buses, catering trucks, trains, fire rescue vehicles, armored vehicle, troop carriers and battle ships. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 68.49 136.75 406.49 527.53 Expenses 130.91 191.17 807.27 953.89 Net Profit (Loss) -90.53 -125.00 -572.48 -642.78 Balance Sheet (MB) Assets 3,224.04 3,203.14 3,277.96 3,052.25 Liabilities 2,344.18 2,330.39 2,749.35 2,182.39 Shareholders' Equity 879.85 872.75 528.61 869.86 Cash Flow (MB) Operating -350.39 -85.33 162.28 181.69 Investing -178.16 -21.01 -81.79 -224.51 Financing 293.93 130.82 177.05 47.24 Financial Ratio EPS (Baht) -0.06 -0.04 -3.57 -0.28 GP Margin (%) -33.18 -14.83 -30.40 -52.09 NP Margin (%) -132.19 -91.41 -140.84 -121.85 D/E Ratio (x) 2.66 2.67 5.20 2.51 ROE (%) -61.40 -61.75 -81.87 -73.42 ROA (%) -12.67 -13.53 -12.69 -13.84 Business Plan • The company business plan "CHO Tech Riders 2030" to make the company a part of the country's electric vehicle ecosystem. To change from the current industry group is an industrial product It is a future technology group. By entering the METAVERSE and FINTECH industries, CHO will be able to generate income from Virtual Income that will create sustainability of income. and profits for CHO. It is a company that is ready to keep up with the industry. and technology in the future Sustainable Development Plan • The company emphasizes the importance of policies regarding good corporate governance. It is established as a policy to ensure that the company's business operations have transparent corporate governance that can be examined. and increase investor confidence By communicating information via the Company's website to directors, executives, and employees at all levels throughout the organization. and the general public is informed for good corporate governance along with having an internal audit unit and the Audit Committee regularly monitors work performance. Business Highlight • Designer, creator, body manufacturer, and installer of engineering systems for commercial vehicles. Providing rail technology services and providing services regarding defense industry products, Preventive Maintenance (PM) and a 24-hour One Stop Service truck service center. • Major manufacturer and exporter of food delivery vehicles for airports both domestically and abroad. • Invest in subsidiaries to raise funds in the form of Special Purpose Acquisition Company “SPAC” on the “NASDAQ” stock exchange, United States. with the abbreviated name of the security being “AOGO” and is in the process of searching for target companies for mergers and acquisitions. • Expanding into the EV business by producing and modifying vehicles into EV systems as well as support systems for commercial purposes. Performance and Analysis Business Performance Summary • The company has operating results for the 1st quarter of 2024 with total income of 68.49 million baht and a net loss of 90.53 million baht. • The company has a stable level of assets. The debt has decreased from repaying the debt according to the repayment period. Key Milestones • In 2013, became a listed company on the Market for Alternative Investment (MAI). • In 2019, the "SCN-CHO Joint Working Group" was established to deliver 489 air-conditioned buses powered by natural gas (NGV) to the BMTA, including maintenance services according to a 10- year contract. • In 2021, signed an MOU with Asia Cab Company Limited to integrate cooperation for research and development of the London Taxi. To change from a combustion engine system to a plug-in electric system (PEV). • In 2022, established a subsidiary company To raise funds in the form of a SPAC in the United States under the name of Arogo Capital Acquisition Crop., a total of USD 108 million was raised. • In 2022 signed an MOU with Advanced Electric Machines Ltd. (AEM), a manufacturer of sustainable electric motors • In 2023, MOU was signed with business partners including AVICINTL, a major enterprise from China, and Anhui Ankai Automobile, an automotive manufacturer from China. To plan the sale of EV products, both imported and fully electric buses. • In 2024, funds were raised through the offering of newly ordinary shares to shareholders in the amount of 459.48 million baht for use in investing in expanding the EV business and enhancing the company's liquidity. Risk Management Policy • Investment Risk To reduce the risk that investments may not meet goals, budget management have been established and an audit committee with expertise in various areas has been established giving opinions in support of investment decisions of the Board of Directors. When the investment is approved • Risk from fluctuations in the value of the baht to foreign currency both for export and import have both direct and indirect effects on revenue. The company has established a policy for trading foreign currency forward contracts. and set policies for offering to customers and changing the currency used in transactions with the company. Revenue Structure Contract income 35.62% Sales and service income 58.88% Others 5.5% Stock Information mai / INDUS Closing price CHO mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 CHO INDUS mai P/E (X) - 22.58 109.40 P/BV (X) 0.30 1.27 2.11 Dividend yield (%) - 2.28 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 295.47 77.41 879.06 Price (B/Share) 0.13 0.42 0.33 P/E (X) - - - P/BV (X) 0.30 1.16 0.82 CG Report: - Company Rating: Major Shareholders as of 13/03/2024 บริษัท ศูนย์รับฝากหลักทรัพย์(ประเทศไทย) จํากัด เพ�ือผู้ฝาก (19.29%) บริษัท Thai NVDR Company Limited (9.39%) MR. SURADECH TAWEESAENGSAKULTHAI (7.09%) BNY MELLON NOMINEES LIMITED (3.91%) นาย สุกฤตย์สุรบถโสภณ (1.09%) Others (59.23%) Company Information and Contact http://www.cho.co.th 0-4304-3888 265 Moo 4 Klang Muang Road, Muangkhao, Muang Khon Kaen 40000 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=CHO Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 05/06/2024 31


CIG : C.I.GROUP PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The company is a manufacturer of evaporator coils, condenser coils and chilled water coils which are important parts in all kind of heat exchangers. Most of manufacturing orders are made to order basis for domestic and international market. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 107.87 164.97 623.63 1,033.14 Expenses 137.15 170.58 666.99 1,113.66 Net Profit (Loss) -39.13 -17.85 5.86 -122.54 Balance Sheet (MB) Assets 1,284.37 1,176.37 1,272.87 778.53 Liabilities 443.35 648.21 433.08 667.70 Shareholders' Equity 840.08 529.17 838.98 112.32 Cash Flow (MB) Operating 130.30 -189.14 -113.11 -45.98 Investing -150.09 -195.70 -478.80 -5.65 Financing 5.67 417.63 589.61 76.02 Financial Ratio EPS (Baht) -0.01 -0.01 0.00 -0.14 GP Margin (%) 8.07 2.63 13.27 13.76 NP Margin (%) -36.17 -10.52 1.32 -12.06 D/E Ratio (x) 0.53 1.23 0.52 6.02 ROE (%) -2.25 -34.62 1.23 -70.59 ROA (%) 1.88 -8.87 4.57 -9.86 Business Plan Sustainable Development Plan Mission on Corporate Social Responsibility 1. Commitment to get the highest world standard with certificate. 2. Constantly improve production and management system by challenging and change with high technology and new system. 3. Create customers satisfaction to accomplish leading of the market. 4. Create durability in operating and encourage to improve human resources capacity in order to be readied to new management system and ability to create innovation on HVAC products continuously. 5. Be a good organization of social with management in respect to environment be complied with the world standard and being a part of social and community quality of life improvement. 6. Initiate the company’s brand for recognizing of customers. 7. Create happy and proud organization. Business Highlight Performance and Analysis Business Performance Summary The Company and its subsidiaries had revenues from operations for the 3-month period ended March 31, 2024 in the amount of 107.38 million baht, a decreased from revenues for the same period of the previous year at 148.99 million baht, amounting to 41.61 million baht or a decrease of 27.92 %. The company and its subsidiaries had revenue from domestic sales of 37.49 million baht, a decrease of 71.74 million baht from the same period of previous year or a decrease of 65.68 % (the 3-month period of 2023 had revenue from domestic sales of 109.23 million baht. ) while having revenue from oversea sales of 62.80 million baht, an increase of 30.90 million baht from the same period of previous year or an increase of 96.93 % (the 3-month period of 2023 had revenue from oversea sales of 31.90 million baht), with revenue from contract services and IT in the amount of 6.29 million baht, a decrease of 0.06 million baht from the same period of the previous year or a decrease of 0.96 % (the 3 month period of 2023 had revenue from contract services and IT in the amount of 6.35 million baht). As for revenue from the hotel business, the revenue was 0.80 million baht, decreasing from the same period of the previous year in the amount of 0.71 million baht or decreasing at the rate of 47.00 % (the 3-month period of 2023, there was revenue from the hotel business in the amount of 1.51 million baht) due to changes in the nature of business. As for other income, the Company and its subsidiaries had other income for the 3-month period ended March 31, 2024 in the amount of 0.49 million baht, a decrease from other income for the same period of previous year at 15.98 million baht, amounting to 15.49 million baht or a decrease of 96.95 %. Key Milestones Risk Management Policy C.I. Group Public Company Limited (“The Company”) is committed in its management of risks against corporate objectives that include risk management in safety and health of employees, society and communities as well as environment and corruption, to be complied with laws and regulations. The Company would provide fair treatment to all stakeholders while focusing on business performance and investment objectives in accordance with good corporate governance to minimize the probability of risks may effect to the Company’ success or reduce damage from occurred risks, and/or in our endeavor to capture a business opportunities by using COSO-Enterprise Risk Management Framework 2004 as a risk management framework. Recent Awards and Recognitions Revenue Structure Stock Information mai / INDUS Closing price CIG mai index 1.00 0.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 CIG INDUS mai P/E (X) 38.70 22.58 109.40 P/BV (X) 0.26 1.27 2.11 Dividend yield (%) - 2.28 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 226.88 329.61 423.75 Price (B/Share) 0.07 0.12 0.49 P/E (X) 38.70 - - P/BV (X) 0.26 0.38 2.51 CG Report: Company Rating: Major Shareholders as of 21/12/2023 บริษัท ฟ�น ลิสซิ� ง จํากัด (10.92%) UOB KAY HIAN PRIVATE LIMITED (8.89%) บริษัท MASTERKOOL INTERNATIONAL PUBLIC COMPANY LIMITED (8.58%) บริษัท เอเชีย โกรว์ธ ออพพอร์ทูนิต�ีส์(ไทยแลนด์) จํากัด (7.28%) นาย อารีย์พุม่เสนาะ (3.98%) Others (60.35%) Company Information and Contact http://www.cigpcl.com 0-2976-5290-9, 0-2598-2331-2 1/1 MOO 7, BANGKOOWAD ROAD, AMPHOE MUEANG Pathum Thani 12000 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=CIG Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 27/05/2024 32


CMO : CMO PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Creative design, Advertising marketing management and Production consulting service, Event Management for Corporate & Marketing Event, Exhibition, Museum, Meeting Incentive Convention (MICE), Concert and Festival, together with Equipment installation service; Visual, Lighting, Audio and also Digital Content & Multimedia Creator under the concept THE CREATIVE EXPERIENCE CREATOR. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 263.89 315.22 1,289.16 1,194.95 Expenses 304.54 387.78 1,407.05 1,198.87 Net Profit (Loss) -48.01 -83.96 -169.22 -31.39 Balance Sheet (MB) Assets 1,018.32 1,140.02 1,122.26 1,216.79 Liabilities 612.18 700.69 766.54 694.61 Shareholders' Equity 336.57 420.60 284.68 504.56 Cash Flow (MB) Operating 38.35 -36.62 -39.37 -67.85 Investing -3.08 -6.62 -79.39 -4.88 Financing -21.32 49.26 89.53 102.86 Financial Ratio EPS (Baht) -0.13 -0.30 -0.60 -0.12 GP Margin (%) 16.83 -0.57 16.04 18.32 NP Margin (%) -17.86 -25.54 -12.14 -2.23 D/E Ratio (x) 1.51 1.59 2.15 1.33 ROE (%) -35.20 -20.62 -42.88 -7.10 ROA (%) -7.97 -3.96 -10.08 -0.35 Business Plan CMO operates under a new vision and mission in 2024 Vision = CMO is a creative experience creator combined with technology to create a new experience that meets the requirements of clients and customers in the AI era for building sustainable growth Mission = “Back to the Basics but not the Same” Strengthen the Event Business, which was originally a strong point of the company, by providing equipment services and technology in full under good governance and sustainability CMO aims for growth from 5 businesses as follows: 1. Creative Event Agency 2. Equipment Service 3. Visual Creator & Production House 4. Entertainment Agency 5. Utility Service Sustainable Development Plan CMO has set the policies of sustainability management 6 issues for guideline with the sustainable Development Goals (SDGs) of the United Nation that covered three aspects, economy, society and environment as follows: 1. Fair Business Operation 2. Innovation and Publication 3. Environment 4. Respect in Human Right 5. Fair Practice to Employees 6. Participation in community and social development Business Highlight • CMO is a leading business group in building experiences with creativity of Thailand, with integrated services, ranging from event management, entertainment services covering installation to rental of equipment for audio, visual and lighting systems, including the production of video, multimedia and interactive media, with the professional experiences of over 38 years • CMO is a leader in museums and learning centers integrating technology with content. The company has been trusted by government agencies and private companies Performance and Analysis Business Performance Summary CMO GROUP's revenue from services, according to the consolidated financial statements for Q1/2024 was 263.89 million baht, a decrease of 16.29 percent compared to the same quarter of the previous year and had a net loss of 49.23 million baht, which decreased from the same quarter last year by 31.29 million baht or 38.86 percent because the previous year there were concerts. Events from the concert organizing business group had loss results, but there is no such work in this year. There are additional expenses from litigation, attorney's fees, and expenses related to special investigations. Expenses for capital increase total 26.63 million baht. With this extraordinary expense in the first quarter of 2024, the Group of companies will have a net loss of 22.22 million baht, a decrease of 58.30 million baht from the same quarter last year or equivalent to 72.40 percent. Key Milestones CMO has been continuously trusted by customer in various industry. Outstanding Project in Q1/2024, as follow: • MEGA KIDS WORLD 2024 GIANT ADVENTURES • 2024 Nonsan Strawberry Festival in Bangkok • Samsung Mapping at Hua Lamphong • Redmi Note 13 Series Launch • POP MART Flagship Store at Central Ladprao • Line Melody Music Awards • ADFEST 2024 • AMWAY EXPO 2024 • PTTEP Pavilion in IPTC 2024 @ Kingdom of Saudi Arabia • PTTEP Pavilion in OTC Asia 2024 @Malaysia Risk Management Policy CMO operates under the Stated Risk Management Policy which aligns with the business direction according to the international standards as follows: • Strategic Risk • Operational Risk • Financial Risk • Compliance Risk Recent Awards and Recognitions • SET AWARD 2010 / Corporate Social Responsibility Award Company listed on mai • EVENT AWARD 2010 The Power of below the line (E.M. Governmental award) • EVENT AWARD 2010 The Power of below the line (The best event award) • SILVER AWARD Category Event Marketing in ADMAN AWARDS’07 • Thailand Creative Event Awards (TCEA) • Great Pavilion of BOI fair 2011 “Going Green for the Future” Revenue Structure Event Management 72% Equipment Rental 20% Others 8% Stock Information mai / SERVICE Closing price CMO mai index 4.00 2.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 CMO SERVICE mai P/E (X) - 111.30 109.40 P/BV (X) 1.21 2.64 2.11 Dividend yield (%) - 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 468.79 236.01 1,219.38 Price (B/Share) 1.10 0.84 4.34 P/E (X) - - - P/BV (X) 1.21 1.01 2.45 CG Report: - Major Shareholders as of 26/03/2024 MR. KITISAK JAMPATHIPPHONG (15.07%) MR. KITTI PHUATHAVORNSKUL (9.60%) MISS YINGRAK PHUATHAVORNSKUL (7.27%) MISS NISHA CHAISILWATTANA (6.57%) MISS FASAI PHUATHAVORNSKUL (5.93%) Others (55.56%) Company Information and Contact http://www.cmo-group.com warunee@cmo-group.com 0-2088-3888 #1399 4/18-19 Soi Nuanchan 56, Nuanchan, Buengkum Bangkok 10230 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=CMO Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 24/05/2024 33


COLOR : SALEE COLOUR PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company is a manufacturer and distributor of colour and additive masterbatch for thermoplastic and rubber. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 257.43 287.49 1,185.58 1,256.22 Expenses 252.09 291.65 1,135.82 1,184.00 Net Profit (Loss) 0.22 -5.64 30.69 59.53 Balance Sheet (MB) Assets 1,403.58 1,397.34 1,422.17 1,414.47 Liabilities 586.34 568.43 604.62 583.09 Shareholders' Equity 816.65 827.73 816.43 830.70 Cash Flow (MB) Operating 56.33 46.16 150.66 132.98 Investing -20.85 -7.02 -95.81 -123.89 Financing -75.86 -38.12 -16.82 1.31 Financial Ratio EPS (Baht) 0.00 -0.01 0.05 0.10 GP Margin (%) 17.95 13.87 18.16 19.00 NP Margin (%) -0.12 -1.83 2.62 4.70 D/E Ratio (x) 0.72 0.69 0.74 0.70 ROE (%) 4.45 4.82 3.73 7.30 ROA (%) 4.23 3.66 3.51 5.17 Business Plan Be a good partner and maintain the foundation of the company. Develop the company group's notion of sustainability on a continuous basis. and develop ideas that fulfill stakeholders' demands. Sustainable Development Plan In 2024, five strategies including all ESG aspects have been designed using OKR tools: 1. Sales 1,550 MB or net profit 5% 2. Problem solving with scientific method 3. Maximize learning 4. Creating value for stakeholders 5. Integrate ESG into business operation Business Highlight • Masterbatch manufacturer and distributor with production capacity of 60,000 metric tons per annum. • Be the creator of floating Solar Pontoon that are strong, durable, have the longest service life in the country. • Be the creator of subterranean drainage systems with compound features that increase their durability and lightness. Performance and Analysis Business Performance Summary Revenue decreased by 10.5 percent compared to the previous year. from the continued slowdown of the world economy from last year. Especially exports in the masterbatch business. And the renewable energy business, most of the projects recognized revenue last year, still has some remaining to gradually recognize revenue in 2024, while the fluctuations in the prices of some key raw materials are affected by the exchange rate where the baht is depreciating. In addition, financial costs increased due to higher interest rates compared to the previous year. The group managed sales and administrative expenses in line with the revenue generated, resulting in an increase in net profit of 104 percent compared to the previous year. Key Milestones Growth of 2 new businesses to expand current business base To grow both income and in line with the investment policy based on ESG concepts. Risk Management Policy Create a risk management policy and a risk management committee. Create policies and procedures that apply to the whole organization. Consider new risks and analyze management, including BCM, in the case of a probable business disruption, as stated in the annual report. Recent Awards and Recognitions Achievement Award has been given to the following individuals: • A-level on SET ESG Rating 2023. (five consecutive years.) • 4 Coin level on AGM Checklist • 5-star Rating on CGR Checklist • ECO Factory • Sustainability Disclosure Recognition from Thaipat Institute. • CSR-DIW Continuous Award 2023 from the Department of Industrial Work. • The Prime Minister’s Industry Award • Thailand KAIZEN Award. • The Outstanding Sustainability Model Organization in the Thai Capital Market for Supporting Persons with Disabilities. Revenue Structure Masterbatch 96.31% Alternative energy 2.85% Others 0.84% Stock Information mai / INDUS Closing price COLOR mai index 2.00 1.50 1.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 COLOR INDUS mai P/E (X) 25.91 22.58 109.40 P/BV (X) 0.97 1.27 2.11 Dividend yield (%) 2.22 2.28 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 795.10 836.33 960.01 Price (B/Share) 1.35 1.42 1.63 P/E (X) 25.91 24.30 18.36 P/BV (X) 0.97 1.03 1.17 CG Report: Company Rating: Major Shareholders as of 15/03/2024 บริษัท วีไอ วีอินเตอร์เคม จํากัด (20.92%) นาย ศศิศ มนต์เสรีนุสรณ์(7.19%) บริษัท COMPANY LIMITED (6.79%) น.ส. กันย์วดีจิวะพรทิพย์(5.28%) MR. SUSITAK ACHARIYASOMBAT (3.96%) Others (55.86%) Company Information and Contact http://www.saleecolour.com 0-2323-2601-8 No.858 Moo 2 Soi 1C/1 Bangpu Industrial Estate, Bangpumai , Muang Samutprakan Samut Prakarn 10280 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=COLOR Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 13/06/2024 34


COMAN : COMANCHE INTERNATIONAL PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Business Operations of the Group of companies can be divided into: 1.Fuel retail service station business, automotive fuel retail business (PTT gas station), non-alcoholic beverage service business mainly in the store (Cafe Amazon) and convenience store or minimart business (7-11). Operated by a subsidiary company are BT Grand Petroleum Co., Ltd., BT Bowtipcoffee Co., Ltd. and BT Bowtiwaratree Co., Ltd. 2.Buy and sell business and exported to foreign countries, buy-sell Including orders to sell in the country and export to sell abroad. Operated by a subsidiary company is Win Star Tech Co., Ltd. 3.Digital assets, operates a cryptocurrency mining business enabling the acquisition, purchase, sale and/or exchange of digital currency. by the business itself or by means of employing others. Operated by a subsidiary company is Coman Crypto Co., Ltd. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 51.15 103.79 306.35 86.70 Expenses 55.39 93.53 304.51 90.20 Net Profit (Loss) -6.11 19.52 1.98 -46.28 Balance Sheet (MB) Assets 399.27 432.38 415.91 390.14 Liabilities 56.63 65.23 66.82 43.77 Shareholders' Equity 335.84 360.36 341.94 340.84 Cash Flow (MB) Operating 11.70 -35.35 -39.51 4.91 Investing -0.08 2.25 67.97 -177.59 Financing -0.78 0.36 -1.91 -17.71 Financial Ratio EPS (Baht) -0.05 0.15 0.01 -0.35 GP Margin (%) 1.24 13.24 8.78 13.47 NP Margin (%) -12.62 20.02 0.89 -48.66 D/E Ratio (x) 0.17 0.18 0.19 0.13 ROE (%) -1.33 -4.65 0.58 -12.54 ROA (%) -0.28 -2.61 0.98 -5.94 Business Plan The Company has an investment plan to expand the business by focusing on investing in businesses that generate recurring income (Recurring Income) and look for other business opportunities to build on or expand the existing business. Sustainable Development Plan Business Highlight Performance and Analysis Business Performance Summary Quarter 1 Ending 31 Mar 2024: The Company's group has the total revenue from the fuel retail service business segment in the amount of Bath 45.59 million. When compared to the financial statements of the same period of the previous year. The Company's group had a total revenue decrease of Bath 56.83 million or decrease rate of 55.49%. Most of the revenue decrease stemmed from sales in the purchasing and selling segment, and exports abroad by the amount of Bath 33.79 million, and the revenue from Selling, service computer software segments decreased by the amount of Bath 6.50 million, because in the year 2023, the company made an agreement for the sale of trademarks and royalty fees Computer program is Comanche Hotel Software including accounts receivable and contract liabilities with a company. and the revenue from the Digital currency segment decreased by the amount of Bath 0.02 million. Details of Management Discussion and Analysis Q1/2024 Key Milestones At the 2023, the Company invested in automotive fuel retail (PTT gas station), beverages service (Cafe Amazon) and convenience store (7-11) which can generate stable income, and the Company started a trading, including exports to foreign countries to increase business opportunities and revenue for the company, with the goal of providing stable returns for shareholders in the future. Risk Management Policy • Guidelines for Risk Management Plan Implementation: 1.Establish standardized risk management processes. 2.Promote and develop knowledge, understanding, participation, and awareness of the importance of risk management among all employees and management. 3.All employees have responsibilities to assess and identify risks, considering opportunities and potential impacts comprehensively. 4.Identify and systematically manage risks to maintain them at an acceptable level. • Important emerging risk factors 1.Risk from Digital Assets: The high volatility and price fluctuations of crypto currency, can mitigate the risk by holding and selling them when the prices increase to an appropriate level. 2.Risk from Export: There is a risk of being affected by political factors, disease, natural disasters, or other factors, the company closely monitors and news and prepares to deal with these events. 3.The Risk related to personnel: As someone holding positions as a director and CEO, with a significant role in setting company policies and strategies, it's crucial to mitigate over-reliance on any individual. Thus, the company establishes a Succession Plan for executive positions to ensure continuity and prevent disruptions. Recent Awards and Recognitions Revenue Structure Service a filling station 100% Stock Information mai / TECH Closing price COMAN mai index 7.00 4.50 2.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 COMAN TECH mai P/E (X) 237.32 32.19 109.40 P/BV (X) 1.37 2.71 2.11 Dividend yield (%) - 1.80 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 469.00 482.40 670.00 Price (B/Share) 3.50 3.60 5.00 P/E (X) 237.32 - - P/BV (X) 1.37 1.42 1.91 CG Report: Major Shareholders as of 20/03/2024 นาย อมฤทธิ�กล่อมจิตเจริญ (24.61%) นาง พนิตานันท์เติมคุนานนท์(5.38%) MR. SAMART CHUASIRIPHATTANA (4.48%) นาย อธิพัชร์เธียรขันทกาญจน์(2.95%) นาย ศุภชัย วิเศษไพฑูรย์(2.84%) Others (59.74%) Company Information and Contact http://www.comancheinternational.com ir@comancheinternational.com 0-2120-6252 161 Soi Sukhumvit 55 (Thong Lor), Klongton-nua, Wattana Bangkok 10110 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=COMAN Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 13/05/2024 35


CRD : CHIANGMAI RIMDOI PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company is a construction contractor, offering general construction service and waste management and disposal service. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 197.87 241.07 807.52 1,254.86 Expenses 186.62 252.88 861.69 1,253.12 Net Profit (Loss) 4.64 -14.02 -76.17 -15.35 Balance Sheet (MB) Assets 861.54 1,091.92 841.83 1,188.01 Liabilities 574.31 749.48 559.89 831.97 Shareholders' Equity 271.05 328.34 266.41 342.36 Cash Flow (MB) Operating 18.42 61.20 118.41 -6.02 Investing -14.66 2.49 7.35 -6.12 Financing 7.11 -71.21 -136.74 -2.47 Financial Ratio EPS (Baht) 0.01 -0.03 -0.15 -0.03 GP Margin (%) 10.75 0.78 -0.75 3.79 NP Margin (%) 2.67 -5.64 -9.22 -1.13 D/E Ratio (x) 2.00 2.19 1.99 2.34 ROE (%) -19.19 -6.94 -25.02 -4.40 ROA (%) -3.18 -0.52 -5.36 0.19 Business Plan The Company has continuously expanded its construction business, obtaining contracts from both public and private sectors. In addition, the Company has expanded its waste management services across regions nationwide. Sustainable Development Plan Business Highlight The Company’s key strategy is to expand its construction revenue base by providing various type of services covering both public and private sectors. The Company has also aimed at growing revenue base in waste management, especially in municipal areas across Thailand. Performance and Analysis Business Performance Summary To summarize 1st quarter of 2024, the Company had total revenue from construction and service of 196.96 million baht and presented net profit of 5.28 million baht resulting in a net profit margin of 2.67%. The total backlog at the end of March 31, 2024 was 992.68 million baht, consisting of the revenue from construction of 390.71 million baht, which mostly will be recognized as revenue in year 2024, and revenue from waste collection and disposal services of 601.97 million baht which will be recognized as revenue until the 1st quarter of 2027. Key Milestones The Company has the Company’s subsidiary follow as: 1. CRC Environmental Cure Ltd., CRD helds on 70% of total shareholders. 2. Chiangmai CRD Ltd., CRD helds on 100% of total shareholders. Risk Management Policy · Risk from material price changes leads to higher costs from the budget. - The Company is aware of the risk of fluctuation in the prices of major construction materials. This may directly affect the profit of the company. Therefore, control measures have been established to reduce risks by monitoring closely changing material price situation in the market to make an assessment Prepare to plan the procurement of materials at the appropriate price and quantity in each period. and timely management of project cost risks underprice constraints. Recent Awards and Recognitions Revenue Structure Constructions 63% Service (waste) 37% Stock Information mai / PROPCON Closing price CRD mai index 1.00 0.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 CRD PROPCON mai P/E (X) - - 109.40 P/BV (X) 0.90 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 240.00 205.00 385.00 Price (B/Share) 0.48 0.41 0.77 P/E (X) - - - P/BV (X) 0.90 0.64 1.12 CG Report: Company Rating: Major Shareholders as of 13/03/2024 MR.THIRAPAT CHIRAPIPAT (24.17%) MR.KANOK SRIKANOK (14.98%) MRS.SAVITRE CHIRAPIPAT (9.49%) MR.CHALERMSAK NIMAPAN (8.50%) MISS.PATTIDA CHIRAPIPAT (4.00%) Others (38.86%) Company Information and Contact http://www.cmrd.co.th ่kanjana.c@cmrd.co.th 0-5327-1420, 0-5327-2429 164 / 34-36 Changklan Road, Changklan, Muang Chiang Mai Chiang Mai 50100 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=CRD Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 17/05/2024 36


D : DENTAL CORPORATION PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Group provide full range of dental services. The Group operate dental hospital, dental center and dental clinic and also distribution of dental supplies and equipment. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 230.05 244.94 944.93 829.34 Expenses 202.11 207.57 836.21 745.47 Net Profit (Loss) 18.52 27.23 71.25 57.50 Balance Sheet (MB) Assets 1,091.66 1,161.15 1,074.72 1,132.49 Liabilities 488.22 596.66 489.79 595.23 Shareholders' Equity 603.43 564.48 584.92 537.25 Cash Flow (MB) Operating 48.77 84.04 148.35 103.59 Investing -2.21 -3.17 -19.81 -12.89 Financing -38.66 -56.83 -137.52 -69.55 Financial Ratio EPS (Baht) 0.05 0.09 0.21 0.19 GP Margin (%) 36.28 36.71 33.90 32.75 NP Margin (%) 8.05 11.12 7.54 6.93 D/E Ratio (x) 0.81 1.06 0.84 1.11 ROE (%) 10.71 14.35 12.70 11.63 ROA (%) 8.81 9.25 9.85 7.49 Business Plan Become a leader in integrated dental services, and a premium dental services provider. • Maintain an international standard of dental service quality: Enhance service capabilities by applying new dental technologies from overseas. • Expand customer base across all service groups: Increase publicity and select dental service brand ambassadors through social media, focusing on testimonials from real service users and emphasizing messaging on the quality of services. • Act as the sales representative for premium dental products: Procure premium dental supplies and equipment from overseas in order to become the sales representative in Thailand, and increase sales revenue from products Business Highlight · Provides international dental hospital services, name BIDH · Provides international dental center services, name BIDC · Provides nine dental clinic services, name Smile Signature · Distributes dental supplies, equipment, and implants under the brands Carestream, Jota, and SIC. Performance and Analysis Business Performance Summary The Group has a net profit for the first quarter of 2024 of 18.5 million baht, a decrease of 8.7 million baht or a decrease of 32 percent from the same period last year. The causes were 1. A decrease in total income of approximately 14.4 million baht, or 6%, due to a decrease in Thai customers revenue which resulting from decreasing in domestic purchasing power and decrease in trading revenue resulting from a slowdown in investment budgets in public hospitals from government and, 2. An increase in the company's selling expense was caused by increasing online marketing and organizing booth events in order to create awareness of the service and products. The company earns 63% of its income from foreign customers, most of whom are tourists from Europe, Australia, and America because Thailand is famous for health tourism and the first quarter is the high season resulting in continuous travel from foreign countries and coming to use dental services with the group of companies. Key Milestones • In 2024, the Company launch Elite Smile toothpaste, the premium toothpaste postbiotic Risk Management Policy • Risks concerning competition in the dental services business: To manage competition risks, the company maintains its customer base by prioritizing quality control and assessments for service users, and ensures that marketing promotions are well targeted to each of the company’s customer groups. In addition, the company provides various communications services and channels to answer customers’ questions, such as the Contact Center and social media channels. The company also provides regular training to staff who oversee these communications channels, so that information can be provided accurately and quickly to interested service users. • Risk concerning a reliance on income from international service users: The company has a policy to diversify our customer base and maintain a suitable proportion of domestic and international customers, in order to reduce risks from concentrating on one specific customer group. Revenue Structure Dental clinic services 60% Dental supplies and equipment 40% Stock Information mai / SERVICE Closing price D mai index 9.00 5.00 1.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 D SERVICE mai P/E (X) 18.73 111.30 109.40 P/BV (X) 2.28 2.64 2.11 Dividend yield (%) 3.08 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 1,334.56 1,491.97 1,766.34 Price (B/Share) 3.90 4.36 5.85 P/E (X) 18.73 18.58 53.73 P/BV (X) 2.28 2.58 3.34 CG Report: - Company Rating: Major Shareholders as of 14/03/2024 MR. PORNSAK TANTAPAKUL (51.55%) MRS. LUCINDA CHEN (7.53%) MRS. THANACHPORN CUNARATANA-ANGKUL (2.16%) MR. WIRAT CUNARATANA-ANGKUL (1.85%) บริษัท Thai NVDR Company Limited (1.48%) Others (35.43%) Company Information and Contact http://www.dentalcorpthailand.com cfo@dentalcorpthailand.com 0-2692-4333, 0-2245-7197 157, 2nd Floor, Ratchadapisek Rd., Din Daeng Bangkok 10400 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=D Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 11/06/2024 37


DEXON : DEXON Technology Public Company Limited 3M/2024 (Jan - Mar 2024) Business Overview DEXON Technology PLC is a technology company providing advanced inspection and engineering services to the industrial sector. Including oil & gas pipelines, oil storage tanks, and gas storage tanks to name a few. In-house research development and engineering teams comprising of 70 researchers have been responsible for tool development as well as offering customized tool modification for inspection of challenging pipelines for the last 27 years. DEXON Technology PLC is a leading technology company providing Advance Non-Destructive Testing, in-line inspection, and asset integrity management services globally. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 142.76 145.49 647.70 610.47 Expenses 152.77 137.54 587.50 488.00 Net Profit (Loss) -6.02 4.09 50.33 105.15 Balance Sheet (MB) Assets 1,019.68 1,159.70 1,034.84 643.05 Liabilities 163.49 345.09 176.34 369.96 Shareholders' Equity 856.20 814.60 858.50 273.09 Cash Flow (MB) Operating 60.01 46.23 3.31 175.96 Investing -29.35 -31.73 -244.80 -112.73 Financing -4.90 537.03 365.01 -81.42 Financial Ratio EPS (Baht) -0.01 0.01 0.11 0.43 GP Margin (%) 28.56 33.12 34.27 41.81 NP Margin (%) -4.22 2.81 7.77 17.22 D/E Ratio (x) 0.19 0.42 0.21 1.35 ROE (%) 4.81 10.23 8.90 38.50 ROA (%) 4.27 8.64 6.99 19.30 Business Plan Sustainable Development Plan Business Highlight 1. DEXON is a leading technology company providing Advanced Non-Destructive Testing and Conventional Non-Destructive Testing globally. 2. DEXON having a team of 70 researchers who professionally create the innovation to serve the customized needs of clients. 3. DEXON successfully maintained long-term clients both locally and internationally and help secure the company's source of income from repeated customer. Performance and Analysis Business Performance Summary Cumulative Revenue 3 Months 2024 (3M/24), the Company generated revenue of 143 million baht, representing a 36.2% increase from 105 million baht in revenue in Q1/2022. However, revenue was a slight drop of 1.9% from 145 million baht from Q1/2023 but it is within the company’s target range. The Company's revenue is cyclical and seasonal in nature due to the Company's service business both domestic and international market, usually generate lower income during the first half of the year compared to the second half. Net Loss for the three-month period of 2024 (3M/24), The Company incurred a net loss of 6 million baht in Q1/2024, versus a net profit of 4 million baht or 247.2% decreased from the same period last year. The net loss was primarily due to an increase in service costs and selling and administrative expenses (SG&A) at the newly established subsidiary in Germany. These expenses were related to company setup costs, rent, personnel costs, and other expenses incurred before the subsidiary began generating revenue. Resulting in an increase of SG&A expenses by 5 million baht, or 11.0% YoY. Key Milestones 1996 - Founded in Thailand with 2-million-baht registered capital. (Former name : DACON) 1990 - 1st phase of Intelligent Pigging Development 2007 - R&D successfully develop UT-R tool. Key Achievement of the company as a starting point of pipeline inspection services. 2016 - R&D successfully develop intelligent MFL tools that can detect the leak of magnetic field. 2020-2021 - Company restructuring and increased capital to 75.82 million baht and incorporate its subsidiaries. 2022 - The company changed its name and transformed into Dexon Technology Public Company Limited (DEXON) and increased its registered capital to 238.25 million baht. 2023 - 1st Trading Day "DEXON" on March 31 2023. Risk Management Policy View Dexon's Risk Management policy here: risk-managementpolicy-th.pdf (dexon-technology.com) (Available in Thai only) Recent Awards and Recognitions View awards and recognitions received by Dexon here: News (dexon-technology.com) Revenue Structure Advance in-line 49% Advance Non-Destructive Testi 27% Conventional 14% Research and Development 5% Others 5% Stock Information mai / SERVICE Closing price DEXON mai index 5.00 2.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 DEXON SERVICE mai P/E (X) 20.07 111.30 109.40 P/BV (X) 1.18 2.64 2.11 Dividend yield (%) 2.45 1.89 1.80 29/03/24 28/12/23 - Market Cap (MB) 1,010.18 1,057.83 N/A Price (B/Share) 2.12 2.22 N/A P/E (X) 20.07 47.83 N/A P/BV (X) 1.18 1.36 N/A CG Report: - Company Rating: Major Shareholders as of 15/03/2024 น.ส. กอบแก้ว เคราแก้ว (36.33%) Dacon Industrial Inspections (Singapore) PTE Limited (18.75%) นาง มัลลิกา แก่กล้า (7.66%) บริษัท DACON INDUSTRIAL INSPECTIONS (SINGAPORE) PTE LTD (6.28%) UBS AG LONDON BRANCH (4.89%) Others (26.09%) Company Information and Contact http://www.dexon-technology.com 033-012-484-7 N0. 78/4-5 Moo 6, Sukhumvit Road, Ban Chang Rayong 21130 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=DEXON Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 30/05/2024 38


DIMET : DIMET (SIAM) PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The company produce and sell high performance protective coating for industrial and steel structure for various construction projects, such as petrochemical plant, refinery, power plant, oil and gas platform in the Gulf of Thailand, as well as timber finishes, industrial coating and architectural coating etc., also being a future sustainable alternative electricity provider. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 36.83 24.48 102.02 212.42 Expenses 40.72 39.69 193.05 328.57 Net Profit (Loss) -4.32 -24.18 -90.72 -141.96 Balance Sheet (MB) Assets 449.95 503.46 427.77 525.07 Liabilities 93.11 81.57 66.61 79.01 Shareholders' Equity 356.84 421.89 361.15 446.07 Cash Flow (MB) Operating -13.12 24.04 0.30 -124.45 Investing 0.12 -0.94 17.28 -129.55 Financing 14.49 -0.95 -27.00 93.55 Financial Ratio EPS (Baht) 0.00 -0.01 -0.04 -0.06 GP Margin (%) 11.61 10.34 7.84 28.51 NP Margin (%) -11.72 -98.77 -88.93 -66.83 D/E Ratio (x) 0.26 0.19 0.18 0.18 ROE (%) -18.20 -43.32 -22.48 -39.13 ROA (%) -14.72 -34.11 -18.83 -30.28 Business Plan The company continually adjust its business plan to seek new business opportunities, including related business and other business, to growth and expand our business base. The company aims to be the leader in the construction engineering, full service of construction contractor, energy business and basic utilities. The company continuously producing and distributing all types of paint for the good result in the future. Sustainable Development Plan The company is committed to developing the business to grow continuously in order to achieve stability and sustainability. By cocreating and sharing happiness back to the community. In every step of the operation taking into account the quality of life and the environment because the company always believes in supporting each other whether employees, customers, shareholders, as well as society and the environment. It will allow us to grow sustainably. The company therefore has a policy to focus on conducting business according to sustainable development guidelines. As well as taking into account stakeholders in every dimension. Therefore, various operation policies have been established to be consistent with the sustainable development guidelines as follows: • Environmental dimension Planning and organizing various activities to manage the use of resources efficiently Including restoring the natural environment affected by business operations. • Social dimension Planning and organizing various activities to manage human resources fairly and equally both internal and external lives of the company. • Good governance dimension Planning and organizing various activities to for effective corporate governance and anticorruption. Business Highlight - Performance and Analysis Business Performance Summary According to Profit and Loss Statement for 3 months period as ended March 31, 2024, the Company and its subsidiaries has total revenue of 36.83 million Baht a increase of 12.35 million Baht or 50.46% when compared to same period last year as total revenue from sales and services of 36.47 million Baht or 99.02% of total revenue which comes from business of selling industrial paint and construction contract income. Company and its subsidiaries have 0.36 million Baht in other revenue or 0.98% of total revenue which is a significant increment. The reason is construction contract income increase 9.8 million Baht. Key Milestones - Risk Management Policy - Revenue Structure Revenue from sales and service 99.02% Others 0.98% Stock Information mai / PROPCON Closing price DIMET mai index 1.00 0.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 DIMET PROPCON mai P/E (X) - - 109.40 P/BV (X) 1.89 2.56 2.11 Dividend yield (%) - 1.33 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 682.67 633.91 1,170.30 Price (B/Share) 0.28 0.26 0.48 P/E (X) - - - P/BV (X) 1.89 1.60 2.41 CG Report: - Major Shareholders as of 31/03/2024 MR. Ho - Chih Huang (15.18%) MR. Wichai Wanavit (7.57%) MRS. JU PING HSIAO (7.29%) MISS PAVASUT JOTIKASTHIRA (4.88%) MISS JITSIRI THANAPATRA (3.07%) Others (62.01%) Company Information and Contact http://www.dimetsiam.com info@dimetsiam.com 0-2323-2800-6 602 Moo 2, Bangpoo Industrial Estate Soi 1, Muang, Samutprakran Samut Prakarn 10280 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=DIMET Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 31/05/2024 39


EFORL : E FOR L AIM PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company is a distributor of medical devices and equipment. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 250.45 288.22 1,317.67 1,510.55 Expenses 264.03 302.25 1,272.94 1,425.32 Net Profit (Loss) -22.32 -20.78 13.43 53.04 Balance Sheet (MB) Assets 1,307.42 1,466.28 1,368.33 1,544.11 Liabilities 805.12 980.64 843.71 1,037.70 Shareholders' Equity 502.30 485.64 524.62 506.42 Cash Flow (MB) Operating 34.40 8.05 39.32 223.60 Investing -3.43 8.78 -27.50 -58.68 Financing -24.25 -27.68 -115.50 -155.01 Financial Ratio EPS (Baht) -0.01 -0.01 0.00 0.01 GP Margin (%) 34.14 32.59 33.60 33.22 NP Margin (%) -8.91 -7.21 1.02 3.51 D/E Ratio (x) 1.60 2.02 1.61 2.05 ROE (%) 2.41 3.80 2.60 11.80 ROA (%) 3.26 3.23 3.07 5.29 Business Plan The Company focuses to operate in Medical Device business by Increasing product lines with both new products and expanding existing ones. The Company also emphasizes to achieve substantial growth in the medical device business, particularly in Medical Software and Hospital Infrastructure including specialized medical centers together with Collaborating on telemedicine systems and Electronic Medical Record (EMR) systems. In addition the Company plans to be engaged in Turnkey projects. Recent Awards and Recognitions The runner-up award in the AKA group (consisting of ASEAN countries, South Korea, and Australia) for being a representative distributor with excellent performance in terms of sales volume, orders, and overall operation as a GE Healthcare distributor. Business Highlight On January 22, 2024, The Company had entering into a partnership with Worm Link Co., Ltd., a leading manufacturer and developer of video recording, Image Capturing and reporting systems of endoscopic surgeries “Endolink”. The Company was appointed as the authorized distributor and service provider of Endolink products in Thailand. Endolink is a technologically advanced product designed to support healthcare and enhance operational efficiency in endoscopic procedures, aligning with the demands of the digital era, both present and future. Performance and Analysis Business Performance Summary Total Revenues of EFORL in Q1/2024 was Baht 247.85 million, which decreased by 14% compared to the same period last year. This resulted in the company incurring a loss of THB 22.32 million, an increase of 7% (loss) compared to the same period last year. This came from the delayed formation of the government affecting the budget approval. However, the Company expects to receive positive impacts from the approval of the government's budget this year. Gross margin in Q1/2024 was THB 84.62 million, decreased by 10% comparing to the same period at the previous year. In Q1/2024, the Company and subsidiary incurred a loss of THB 22.32 million. Key Milestones • April 2022, EFORL changed par value by the way of reverse stock split from THB 0.075 per share to THB 0.75 per share. • July 2022, EFORL changed the paid-up capital from THB 2,998,398,712.50 or number of ordinary shares 39,978,649,500 shares to THB 2,998,398,735.00 or number of ordinary shares 3,997,864,980 shares resulting from the exercise of EFORL-W5 30 units to ordinary share 30 shares. • November 2022, EFORL signs an distributor agreement with Advanced Sterilization Products (Thailand) Limited appointing EFORL as a distributor for STERRAD low-temperature sterilization products using innovation in hydrogen peroxide gas plasma (HPGP) sterilization technology which helps enhance the safety of medical instruments, patients, sterile processing staff, and environment, and trusted by Healthcare institutions in Thailand and around the world. • March 2023, EFORL signs an distributor agreement with Kazem Machinery & Tool Co., Ltd. appointing EFORL as a sole distributor of Air Purifier Machines in Thailand and overseas. • June 2023, EFORL changed its paid-up capital from THB 2,998,398,735, representing a total of 3,998,477,193 ordinary shares at a par value of THB 0.75 per share. This change was due to the exercise of warrants (EFORL-W5) amounting to 409,208 units and warrants (EFORL-W6) amounting to 203,005 units, totaling 612,213 units converted into common shares. • January 2024, EFORL had entering into a partnership with Worm Link Co., Ltd., a leading manufacturer and developer of video recording, Image Capturing and reporting systems of endoscopic surgeries “Endolink”. The Company was appointed as the authorized distributor and service provider of Endolink products in Thailand. Endolink is a technologically advanced product designed to support healthcare and enhance operational efficiency in endoscopic procedures, aligning with the demands of the digital era, both present and future. Risk Management Policy The Company is exposed to exchange rate fluctuations risks as it imports products from overseas. However, the Company has protected risk from the fluctuation in exchange rate by making forward contract and call option (if any) together with the negotiation with the suppliers to make orders in Thai Baht through the representation of supplier in Thailand. Revenue Structure Medical Devices & Equipment 100% Stock Information mai / CONSUMP Closing price EFORL mai index 1.00 0.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 EFORL CONSUMP mai P/E (X) 59.55 64.26 109.40 P/BV (X) 1.52 1.85 2.11 Dividend yield (%) - 1.05 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 799.70 999.62 1,359.27 Price (B/Share) 0.20 0.25 0.34 P/E (X) 59.55 40.56 19.68 P/BV (X) 1.52 1.94 2.78 CG Report: Major Shareholders as of 13/03/2024 MR. WICHAI THONGTANG (15.92%) Thai NVDR Company Limited (2.63%) MS. JERMKWAN SIRIPONGSIN (2.57%) MR. ANANTACHAI PRAMUALCHOK (1.57%) MRS. VEEREENYAH YIM (1.29%) Others (76.02%) Company Information and Contact http://www.eforl-aim.com IR@eforl-aim.com 0-2114-8151 No. 432 Rajavithi Road, Bang Yi Khan, Bang Phlat Bangkok 10700 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=EFORL Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 23/05/2024 40


EURO : Euro Creations Public Company Limited 3M/2024 (Jan - Mar 2024) Business Overview Engage in the business of distributing complete range of furniture and home decorative items including kitchen furniture set, office furniture, outdoor furniture, electrical appliances, lighting products, decorative products and materials, household items, beddings, exercise equipment, and various products or technological equipment under the store's name "Euro Creations" and other stores under other brands Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 309.12 326.50 1,274.76 1,068.45 Expenses 251.61 248.30 1,058.23 882.38 Net Profit (Loss) 41.43 60.78 162.52 106.16 Balance Sheet (MB) Assets 1,822.86 1,313.73 1,446.77 1,244.69 Liabilities 1,024.83 1,117.99 1,259.29 1,023.72 Shareholders' Equity 795.31 195.74 184.76 172.07 Cash Flow (MB) Operating -74.97 44.22 125.30 207.84 Investing -133.84 -8.14 -81.25 36.32 Financing 374.53 -69.60 -98.55 -177.00 Financial Ratio EPS (Baht) 0.15 0.21 0.65 106.16 GP Margin (%) 49.70 48.60 47.05 46.95 NP Margin (%) 13.40 18.62 12.75 12.72 D/E Ratio (x) 1.28 5.71 6.72 4.63 ROE (%) 20.60 78.83 91.09 61.70 ROA (%) 12.29 32.27 16.47 14.93 Business Plan Home & Living • Mono-brand stores: Opening dedicated stores for brands, such as Molteni&C and Poltrona Frau (Thonglor Soi 5 showroom - under construction, expected to be completed in Q3 2024). • Multi-Brand Stores: Developing multi-brand centers to provide a one-stop solution, featuring brands like Natuzzi Italia, Calligaris, and Gessi (Thonglor, CDC, and Siam Paragon showrooms). • New Premium Brands: Expanding the market by adding new premium brands with diverse designs and prices (Thonglor Soi 1 showroom - under construction, expected to be completed in 2026). Lifestyle • Adding luxury lifestyle brands with a focus on opening more showrooms, such as Technogym and Frette. Sustainable Development Plan The company recognizes the importance of conducting business in alignment with the United Nations' Sustainable Development Goals (SDGs) and is committed to responsible business practices concerning environmental, social, and governance (ESG) aspects. The company emphasizes ethical, moral, and principled business conduct, with consideration for stakeholders, the economy, society, and the environment. The company adheres to legal and relevant governance principles through its Sustainability Management Policy, which encompasses environmental, social, and governance aspects. This policy serves as a guideline for conducting business responsibly and sustainably across these three areas. Business Highlight Euro Creations Public Company Limited is the exclusive distributor in Thailand for luxury global brands in both the Home & Living and Lifestyle sectors. These brands include Molteni&C, Natuzzi Italia, Cassina, Poltrona Frau, Calligaris, Giorgetti, Frette, and Technogym, among others. The company operates a total of 7 showrooms and pop-up stores, all strategically located in prime competitive locations at the heart of Thailand's Design District. The company has a strong customer base with high purchasing power, which has been recorded in the company’s database since 2012. In 2022, all operational systems were integrated to maximize customer care and create sales opportunities. The company has a management team with vision, experience, and expertise in the luxury business in Thailand for over 25 years. This is evidenced by past performance, where the company has maintained an EBITDA margin of over 20% since 2020. Performance and Analysis Business Performance Summary Key Operating Results: For Q1 2024, the company reported revenue from sales and services of 306.69 million Baht, with a gross profit margin of 49.70%. During Q1 2024, the company managed to keep selling and administrative expenses close to the expenses in the most recent quarter, resulting in a net profit margin of 13.40% for the period. Key Financial Ratios: For Q1 2024, the company had an EBITDA margin of 23.78%. As of the end of Q1 2024, the company's interest-bearing debt to equity ratio (IBD/E Ratio) was 0.09 times, due to the repayment of loans using funds received from the IPO. Industry Outlook: In 2024, the overall performance of the company is expected to trend positively, supported by various factors. These include the continuous growth of the luxury real estate industry in Thailand, evidenced by the rapid development of luxury housing projects, condominiums, and office buildings from 2022-2023, continuing into 2024. Additionally, the ongoing trend of health and fitness through exercise, along with the popularity of using branded products, continues to have a positive impact on the company's business operations. Key Milestones • In 2023, the company signed exclusive dealership agreements in Thailand with 3 global brands: Frette, Poltrona Frau, and Haworth. • In Q1 2024, the company had a soft opening of a new showroom in Phuket, featuring a sales area of 1,094 square meters. Located on Thepkasattri Road, a major road in the province, the showroom showcases world-class fitness equipment from Technogym, as well as furniture and decorative items from leading international brands for which the company is the official importer and distributor in Thailand. The showroom has received positive feedback from both retail customers and luxury real estate projects in Phuket and nearby southern regions. Risk Management Policy The company recognizes the importance of enterprise risk management (ERM) and has implemented risk management and established a risk management policy using the ERM framework in accordance with COSO guidelines. This is to manage risks effectively at all levels of the organization by identifying, assessing, and managing unexpected risks to mitigate potential impacts. Additionally, risk management is integrated with strategic planning, operations, and decision-making processes to enhance corporate governance and operational efficiency. The company has clearly defined risk management responsibilities in every department and continuously improves and updates the risk management process, including the use of information technology to ensure that the risk management reporting system is efficient and up-to-date, supporting sustainable business growth. Revenue Structure Interior Architecture 36.61% Interior Product 27.77% Decoration&Fitness Equipment 34.65% Others 0.97% Stock Information mai / CONSUMP Closing price EURO mai index 11.00 5.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 EURO CONSUMP mai P/E (X) 12.57 64.26 109.40 P/BV (X) 2.66 1.85 2.11 Dividend yield (%) - 1.05 1.80 29/03/24 - - Market Cap (MB) 2,043.50 N/A N/A Price (B/Share) 6.70 N/A N/A P/E (X) 12.57 N/A N/A P/BV (X) 2.66 N/A N/A CG Report: - Major Shareholders as of 13/03/2024 Mr. Komol Gambir (22.33%) Mrs. Amarat Gambir (22.33%) Miss Marisa Gambir (14.89%) Mr. Surachet Amornrattanavej (2.98%) Mr. Surin Amornrattanavej (2.98%) Others (34.49%) Company Information and Contact http://www.eurocreations.co.th ir@eurocreations.co.th 0-2744-9624 No. 1050, Soi Sukhumvit 66/1, Sukhumvit Road, Phrakanong Tai Sub-district, Phrakanong District Bangkok 10260 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=EURO Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 12/06/2024 41


FPI : FORTUNE PARTS INDUSTRY PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview The Company is a plastic automotive parts manufacturer which sells both Replacement Equipment Manufacturer (REM) and Original Equipment Manufacturer (OEM) automotive parts, as well as provides injection, chrome plating and painting services for plastic products. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 563.51 512.47 2,514.32 2,680.34 Expenses 490.06 431.01 1,954.40 2,100.07 Net Profit (Loss) 60.30 56.58 374.04 408.56 Balance Sheet (MB) Assets 3,553.36 3,590.03 3,547.90 3,719.20 Liabilities 1,208.83 1,414.65 1,266.85 1,600.24 Shareholders' Equity 2,344.53 2,175.38 2,281.05 2,118.96 Cash Flow (MB) Operating 189.02 95.79 526.05 298.98 Investing -50.60 -99.49 -313.82 -129.27 Financing -133.30 -92.31 -463.62 99.27 Financial Ratio EPS (Baht) 0.04 0.04 0.25 0.27 GP Margin (%) 21.82 28.95 30.77 29.19 NP Margin (%) 10.70 11.04 14.88 15.24 D/E Ratio (x) 0.52 0.65 0.56 0.76 ROE (%) 16.72 17.61 17.00 20.80 ROA (%) 14.49 13.94 13.95 15.51 Business Plan Develop the organization to Eco Operational Excellence by creating economic growth while reducing environmental impact which uses the eco-efficiency indicator to increase operating profit to 83,567 baht per greenhouse gas emissions of 1 tCO2eq by 2024 (at the average exchange rate of 33 THB/USD) from base line 2018 and develop Factor X of sustainability equal to 1.5 by 2024 from base line 2016. Sustainable Development Plan The Company has established short-term, medium-term and longterm sustainability management goals covering risks and opportunities for conducting business with social and environmental responsibility, creating a positive impact on the economic, social and the environment through the management of the business value chain according to the needs and expectations of stakeholders, and increasing economic competitiveness, create social equality and using resources wisely leads to creating opportunities or reducing risks to their ability to generate longterm profits as follow, • Balancing the values of stakeholders • Taking into account life's quality and Social benefits • Raising the level of production with zero net emission • Cooperate in the development of green energy Business Highlight As FPI is a manufacturer of automotive plastic parts as well as comprehensive distributor of automotive spare parts with customers in 145 countries, we provide superior services for our customers with a combination of extensive selection of inventories, competitive product pricing and quality, complete logistic sourcing solutions, and short turnaround delivery time. Performance and Analysis Business Performance Summary During the first 3 months of the year 2024, the company posted a net profit of 60.3M, an increase of 3.7M or 6.3% Major drivers are the consolidated revenue increase 51M. The separated FS Net Profit 97.7M. The subsidiary in India incurred a one-time expense in inventory adjustment and evaluation 18.6M. This results in consolidated Net Profit similar to previous year. Key Milestones • FPI develops mold rental service business. This is a guideline for strategy adjustment in order to use asset management to maximizes the return of investment. This is also in line with the new business context. • Business Model Development B2C To comply with variety of consumers and their needs by using 3D printing technology Customization. This is done by freely select the design or adjust the design of the product models and 3D printed it out to be received within 24 Hours. • Business Model Development Market place creating a platform to sell auto part products online through internet Web Page or mobile application and act as a center for distribution of auto parts for vehicles on the internet to create a new business. • New Project: Toyota Daihatsu, ZAPP, MSIL. Risk Management Policy The Company has therefore continuously managed its risks in accordance with the Committee of Sponsoring Organizations of the Treadway Commission (COSO-ERM 2017), which is an international standard for risk management. It is considered that risk management is an important component of every process in the Company's business operations and must be connected at all levels. Therefore, the system of corporate governance has been integrated. risk management and regulatory compliance Organizational regulations (Governance, Risk and Compliance: GRC) including establishing a risk management policy throughout the organization that all employees must adhere to. Recent Awards and Recognitions • Asia-Pacific Climate Leaders 2023. • CAC Certificate 2023. • Prime Minister's Export Award 2023 (Best Exporter) • Prime Minister's Export Award 2023 (Best BCG Exporter) • Climate Action Leading Organization: CALO) 2023 • SET Awards 2023 (Best Sustainability Excellence) • SET ESG Ratings 2023: AA Revenue Structure Export Sales 85.2% Domestic Sales 14.5% Other 0.3% Stock Information mai / INDUS Closing price FPI mai index 3.00 2.00 1.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 FPI INDUS mai P/E (X) 9.63 22.58 109.40 P/BV (X) 1.58 1.27 2.11 Dividend yield (%) 4.20 2.28 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 3,601.01 3,752.31 4,720.65 Price (B/Share) 2.38 2.48 3.12 P/E (X) 9.63 10.50 10.17 P/BV (X) 1.58 1.72 2.31 CG Report: Company Rating: Major Shareholders as of 15/03/2024 นาย สมพล ธนาดํารงศักดิ�(27.47%) MISS Achara Tanadumrongsak (9.69%) นาง รวีวรรณ ม้าทอง (5.76%) นาย ยรรยงค์ชัย ธนาดํารงศักดิ�(5.73%) MISS Maleerat Tanadumrongsak (3.92%) Others (47.43%) Company Information and Contact http://www.fpiautoparts.com 0-2993-4970-7 11/22 Moo 20 Nimitmai Road, Lamlukka Pathum Thani 12150 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=FPI Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 06/06/2024 42


FSMART : FORTH SMART SERVICE PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview "Impact innovation for Better Life" provides innovation of electronic bill payment services and financial offerings, via top-up kiosks and cashier counters and automate machine with trademark "Boonterm" "GINKA Charge Point" and other in FORTH Group comprise 3 business operations: (1) online top-up and payment business, (2) banking agent and lending business, and (3) vending machines and electric vehicle charger business. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 592.16 561.33 2,255.15 2,473.73 Expenses 482.52 483.63 1,943.48 2,130.53 Net Profit (Loss) 93.45 77.67 299.45 301.89 Balance Sheet (MB) Assets 2,823.11 2,733.80 2,737.32 2,834.78 Liabilities 1,558.33 1,528.18 1,566.00 1,706.83 Shareholders' Equity 1,264.71 1,205.55 1,171.27 1,127.88 Cash Flow (MB) Operating 177.81 189.44 550.56 601.25 Investing -13.12 -32.41 -152.47 -346.55 Financing -4.55 -105.45 -403.61 -323.02 Financial Ratio EPS (Baht) 0.12 0.10 0.40 0.40 GP Margin (%) 24.09 17.02 19.47 17.00 NP Margin (%) 15.78 13.84 13.28 12.20 D/E Ratio (x) 1.23 1.27 1.34 1.51 ROE (%) 24.87 24.74 26.05 26.77 ROA (%) 11.19 13.16 13.44 13.42 Business Plan The amount usage through Boonterm growth 5-10% YoY. • Maintain top-up and receiving payments by addition services. • Focus on quality location and clean the cabinet to be useful. • Increase cashier counters. Financial business services, targeting total credit of 500-800 million baht. • Banking agent, adding a representative of at least 1 bank. • Expanding deposit/transfer services to CLMV customers. • Expand personal loan portfolio. Managing Taobin business and GINKA EV1,000 points in 1 year. • Expand GINKA Charge points to 1,000 points nationwide. • Opening Tao Bin Cafe X GINKA Charge Point. Sustainable Development Plan FSMART : Take into account the interests of stakeholders in all dimensions. Environment : Contributes to saving fuel and reducing pollution by new electric vehicle chargers "GINKA" Change Point". Social : Innovation for customer's convenience 24 hours such as cash deposit/transfer generate income to the communities with the Boonterm kiosks, and all communities can be access financial services. Governance : Transparency by CGR "Very Good" and Certified by the Thai Private Sector Collective Action Against Corruption (CAC). Business Highlight 1.To be the leader in receiving payment channels through 123,310 Boonterm kiosks and 3,200 cashier counters. 2.Invests in FVD, Taobin robotic barista with 26.71% shareholding. 3.GINKA Charge Point 118 points locations nationwide and expand GINKA Charge point installation points to 1,000 point within 1 year and opening Tao Bin Cafe X GINKA Charge Point. Performance and Analysis Business Performance Summary 1Q2024 : Total revenue from core business was 551.39 million baht. Revenue 93.45 million baht. • Online Top-Up and payment business, total quarterly transaction value Bt8,734 mn. increase 4.30% (QoQ) from resulting in higher cost of living which decrease purchasing power, household debt is increasing, cautions spending by customers continues. • Lending business, to manage personal loan and debt collection management. • Automate machines, TaoBin robotic barista total 6,378 kiosks decrease 0.2% QoQ , sale 506 mn. decrease 3.5% QoQ, the number of cups 17.1 mn decrease 5.2%, due to relocate Taobin machine from a low-quality location to a quality location, along with bringing back the first version of the Taobin machine to modify and upgrade it to support the sale of more drinks with each round of adding raw materials inside the machine. Key Milestones 1Q2024 • Addition bank identify verification (E-KYC) with Bangkok Bank, Provincial Waterworks, Authority Bill payment. • Launch Boonterm campaign rewards – loyalty program for Boonterm customers to use all services at Boonterm kiosks. Risk Management Policy Risks from Changing Consumer Behaviors In an effort to offer new services. Expand service channels to provide more comprehensive services for both cashier counter and application operations, providing greater accessibility to all customer segments. Develop financial services to offer services. Add a TaoBin automatic cafe and EV charger "GINKA Charge Point". Risks from Dependency on Revenue from Telco Add new services. such as e-wallet top-up and banking agent for both banks and non-banks and P-Loan, NANO Loan etc. Comanage the TaoBin vending machine operations. And expand into the electric vehicle charger business GINKA Charge Point that has high potential in the future. Risks from Economy Analyze and monitor economic impacts and changes to the business climate, and adjust accordingly in a timely manner. Risk from New Business EV Charger has new S-Curve business has many competitors. Recent Awards and Recognitions • Rated "Very Good" by the Thai Instituter of Director's Corporate Governance Report of Thai Listed Companies Program • Certified by the Thai Private Sector Collective Action Against Corruption (CAC) • Thailand's Best Managed Companies 2023 Revenue Structure Online Top-Up and Payment 77.47% Financial Service Network 20.03% Vending Machines 2.5% Stock Information mai / SERVICE Closing price FSMART mai index 13.00 8.50 4.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 FSMART SERVICE mai P/E (X) 16.10 111.30 109.40 P/BV (X) 4.12 2.64 2.11 Dividend yield (%) 5.63 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 4,820.10 5,535.59 10,062.00 Price (B/Share) 6.40 7.35 12.90 P/E (X) 16.10 20.09 29.60 P/BV (X) 4.12 5.07 9.05 CG Report: Company Rating: Major Shareholders as of 07/03/2024 บริษัท ฟอร์ท คอร์ปอเรช�ัน จํากัด (มหาชน) (52.60%) นาย พงษ์ชัย อมตานนท์(3.61%) บริษัท Thai NVDR Company Limited (2.99%) UBS AG LONDON BRANCH (2.35%) นาง วันทนา อมตานนท์(1.78%) Others (36.67%) Company Information and Contact http://www.boonterm.com 0-2278-1777 256 Phaholyothin Road, Samsennai, Phayathai Bangkok 10400 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=FSMART Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 14/06/2024 43


FVC : FILTER VISION PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Operate the following business : Water Treatment System and Medical service concerning Hygienic, which is related to Dialysis Center. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 254.70 216.33 970.78 776.09 Expenses 240.60 201.44 872.84 716.51 Net Profit (Loss) 8.48 8.14 90.46 32.95 Balance Sheet (MB) Assets 1,174.08 1,128.37 1,166.13 1,139.70 Liabilities 367.89 407.91 361.71 428.66 Shareholders' Equity 585.98 503.71 584.79 495.57 Cash Flow (MB) Operating 30.74 -6.60 18.47 54.38 Investing 1.60 -20.56 -187.34 -94.61 Financing -32.48 -15.21 -45.82 236.74 Financial Ratio EPS (Baht) 0.02 0.01 0.16 0.06 GP Margin (%) 22.86 24.89 22.73 25.80 NP Margin (%) 3.56 4.36 9.91 5.04 D/E Ratio (x) 0.46 0.57 0.45 0.60 ROE (%) 16.66 7.55 16.75 8.02 ROA (%) 8.44 5.75 8.49 6.01 Business Plan 1. Business-B1 The Company’s performance has been in line with the planned objectives. The future strategy emphasizes the industrial customer groups, including maintaining existing customers and expanding into competitive market areas. Moreover, the Company aims to lead in water treatment and disinfection technologies. 2. Business-B2 Due to Thailand's gradual economic recovery, customers of the company in the restaurant and tourism sectors, both domestically and internationally, have been steadily increasing. This has led to higher orders, including maintenance services. Moreover, customers are preparing to install new water systems. Additionally, the Company continues to develop products and collaborate with new business partners to boost sales in existing and new customer segments in new market areas, aiming to increase market share. 3. Business-B3 operated by KTMS Group. The business plan of KTMS can be studied from the Listed Company Snapshot or the 2023 Annual Report (56-1 ONE REPORT) on the website SET.or.th. Sustainable Development Plan The Company focuses on a conducting business and creating sustainable growth with ESG in the environment. Currently, the Company has installed Solar Rooftop at the headquarters completely on 29 Mar 2023 and prepared a carbon footprint report to know the quantity of greenhouse gas emissions of the organization to plan reduce the greenhouse gas emissions in the future. Business Highlight The Company operates in the water treatment system business, distributing products and equipment that utilize advanced technology and comply with international standards such as NSF, FDA, and AAMI. It provides design and development services for water treatment systems, supported by a team of engineering experts with extensive knowledge and experience. Additionally, subsidiaries (KTMS group) offer hemodialysis services with dialysis machines in both clinics and hemodialysis units in hospitals. Currently, there are 28 hemodialysis centers and 352 hemodialysis machines. Performance and Analysis Business Performance Summary B1 Industrial and OEM The revenue increased in an amounting of Baht 10.14 million or 31.68 percent compared to the same period of the previous year. This is due to the Company obtaining project work, which can be carried out according to plan. Following the end of the year 2023, there were completed projects and the company gradually recognized them as revenue according to the outlined plan. Additionally, the number of customers in trading segment has increased compared to the previous year. B2 Commercial and residential The revenue increased in an amounting of Baht 5.84 million or 7.40 percent compared to the the same period of the previous year. This is due to the continuous expansion of key customers, including convenience stores, restaurants, and beverage establishments. This growth is attributed to increased domestic consumption and a rise in international tourists compared to the previous year. Consequently, there has been an increase in revenue related to the installation of new equipment and maintenance and repair the systems. B3 KTMS Group can be studied from the Listed Company Snapshot on the website SET.or.th. Key Milestones On April 17, 2024, the Company registered the establishment of Innovatek (Asia) Company Limited (a subsidiary) with a registered capital of Baht 5 million. The subsidiary's objective is to provide consultation, design, distribution, installation and maintenance of solutions for clean water and clean energy production systems, focusing on ESG (Environmental, Social, and Governance) aspects. These services are offered to both governmental and private sector entities interested in ESG matters or affected by environmental policies. Risk Management Policy The Board of Directors recognizes the importance of risks that may affect business operations that fail to achieve the objectives and goals set forth. Therefore, the Company has established a Risk Management Committee to direct management to carry out risk management operations throughout the organization (the Company and its subsidiaries). The Company identified the factors in the 2023 Annual Report (56-1 ONE REPORT), remembering all 5 aspects of COVID-19, strategic risk, operational risk, financial risk and legal risk. However, the above risk management methods can be studied further in the 2023 Annual Report (56-1 ONE REPORT) of the Company. Recent Awards and Recognitions As a service provider, our company takes great pride in consistently earning the trust of global brands. For several decades, we have been entrusted with designing, developing, and producing new products, as well as managing after-sales services. Revenue Structure B1 16.67% B2 33.54% B3 49.79% Stock Information mai / SERVICE Closing price FVC mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 FVC SERVICE mai P/E (X) 5.15 111.30 109.40 P/BV (X) 0.80 2.64 2.11 Dividend yield (%) 1.19 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 474.72 469.07 700.78 Price (B/Share) 0.84 0.83 1.24 P/E (X) 5.15 21.40 16.67 P/BV (X) 0.80 0.92 2.00 CG Report: Major Shareholders as of 29/03/2024 MR. WIJIT TECHAKASEM (18.41%) UBS AG LONDON BRANCH (8.73%) MR. SITTHAWEE KRIATCHAWANUN (4.30%) MISS THANAPORN IMCHAI (3.33%) PHYSICIA ANUPONG TANGAROONSANTI (3.33%) Others (61.90%) Company Information and Contact http://www.filtervision.co.th ir@filtervision-thai.com 0-2518-2722 95 Soi Ramintra 117, Ramintra Road, Minburi, Minburi Bangkok 10510 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=FVC Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 11/06/2024 44


GCAP : G CAPITAL PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview G Capital Public Company Limited engages in hire purchase business of agricultural machineries such as Combine Rice harvesters, Corn harvesters, Agricultural Drones, Speed Boat, etc. providing opportunities for small Farmers and Entrepreneurs to access system funding and utilize the machineries to support their occupations. In addition, the Company had expanded services covering Commercial loans and Secured loans with collateral. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 44.74 46.51 181.76 213.68 Expenses 25.48 16.09 99.38 246.44 Net Profit (Loss) 4.68 10.01 14.82 -100.64 Balance Sheet (MB) Assets 1,208.40 1,324.49 1,245.88 1,396.20 Liabilities 721.96 897.98 763.77 979.70 Shareholders' Equity 486.44 426.51 482.11 416.50 Cash Flow (MB) Operating 26.79 48.89 174.89 323.40 Investing -1.75 -0.03 -8.38 -0.44 Financing -21.13 -82.66 -231.15 -309.02 Financial Ratio EPS (Baht) 0.01 0.03 0.04 -0.30 GP Margin (%) NP Margin (%) 10.46 21.52 8.15 -47.10 D/E Ratio (x) 1.48 2.11 1.58 2.35 ROE (%) 2.08 -17.36 3.30 -23.00 ROA (%) 5.62 -0.48 6.24 -2.01 Business Plan The Company define the growth strategy via 2 business areas: 1. “Lending Business”, which is the Company’s primary business that focus on providing Hire-Purchase for agricultural machineries such as Rice Combine Harvesters, Corn Harvesters, Agricultural Drones, Speed Boats, etc. With more than 20 years expertise, the Company have a deep understanding of the specific needs of agricultural sector. In addition, the Company has a plan to expand Hire-Purchase product to cover other agricultural innovations while apply with credit policy, effective credit control and efficiently debt quality management. 2. “Non-Lending Business” is the new business with new potential opportunities. The new business will be expanding based on expertise of the Company and our key Business Partners. Also, it will support long term business growth, ex. “Koh Tao Airport” project and “Kaset Matching” project that will be platform between Farmers and Agricultural Machinery owners. Sustainable Development Plan The Company place priority on business operation under sustainable development guidelines, striving to create maximum benefits to economy, society, environment and good governance. Using the concept of Creating Shared Value (CSV) as a guideline to conduct operations in 3 parts: (Product) through financial services, (Productivity) through development of work processes (within and outside the organization), and community and social development (Cluster Development) through the knowledge development of customers, employees and related stakeholders. The company places importance on responsible lending and creating opportunities for appropriate funding source in order to support the Sustainable Development Goals. In addition, the company has a policy to create / support financial products to business/ operation that are in line with the ESG direction. Business Highlight The outlook for the agricultural economy in 2024 is expected to expand by 0.7-1.7 percent, with positive factors from Prices of major agricultural products (rice, corn) are still at a good level, and demand for agricultural products in the world market is expected to continue increasing. Including the Thai economic trend in 2024 that is expected to continue to expand. These factors cause Thai farmers a demand to acquire additional agricultural machineries to support the expansion of cultivation areas and increased crop harvesting. As a result, the demand for hire-purchase in agricultural machineries continuously increases. For Q1/2024, the company was able to effectively manage the quality of its receivables by controlling NPL from hire purchase receivables from 6.16% (at the end of 2023) to 4.16% (at the end of Q1/2024), which is the result of a strict credit analysis, closely monitoring and efficient following up on the receivables. Performance and Analysis Business Performance Summary For the first quarter of 2024, the company reported a net profit of Baht 4.68 MB, as the company reported total income of Baht 44.74 MB. A decrease over the same period of the previous year of 1.77 MB, or 4 percent. The main reason due to a decrease in income from hire-purchase contracts of 2.25 MB, or 6 percent and an increase in interest income from Loans of 0.94 MB, or 14 percent. Selling and Administrative expenses is increasing by 0.37 MB, or 1 percent. However, the finance cost is decreasing by 4.47 MB, or 25 percent as a result of a repayment of maturity debentures of 42.95 MB. Key Milestones Jan 2023 : LENDING - NON-LENDING Strategy Implementation. Jun 2023 : Prepare establishment of a subsidiary company, to operate an airport business. Currently is in the process of land acquistion and construction design. Sep 2023 : Headquarter relocation to the new office locate at @Sathorn Building, South Sathorn Road, Bangkok. Risk Management Policy Risks from Climate Change / Environmental Change The Company's customers are in agricultural sector which major income are from agricultural products such as rice, corn. The climate and environmental changes may cause droughts, floods, and higher temperatures that will affect the growing season, harvesting season, and overall crop quantity. These may cause our customers to get lower income or get it delay from regular operation, resulted in their repayment capability. In 2024, there may be customers in some areas affected by climate change. This may cause a decrease in agricultural area and affect the ability for repayment. The company has appied with the strict credit analysis. Including closely monitoring and evaluating the situation in the affected areas in order to assist our customers. In addition, the company has studied agricultural technology/ innovations that can reduce energy usage and greenhouse gas emissions. Currently, the company provides hire-purchase for agricultural drones which use electricity to operate. Also, they ensures safety for farmers by reducing direct exposure to agricultural chemicals. Agricultural drones can be used with a variety of crops in both sowing seed and sowing / spraying fertilizer. Recent Awards and Recognitions • Outstanding company in AGM arrangement, 100 / 100 Score of AGM Checklist 2023 (Excellent Level). • The Company has been assessed and certified as a certified company of Thai CAC for the year 2023. • The Company has been selected to be a sustainable stock and listed in the “2023 SET ESG Ratings" (BBB level). • "Excellent CG Scoring" (5 Stars) in the Corporate Governance Report of Thai Listed Companies 2023. Revenue Structure Income from Hire Purchase 74.49% Interest Income - Loans 17.04% Late Payment Fee 5.11% Others 3.36% Stock Information mai / FINCIAL Closing price GCAP mai index 2.00 1.00 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 GCAP FINCIAL mai P/E (X) 15.50 84.81 109.40 P/BV (X) 0.46 1.94 2.11 Dividend yield (%) - 1.26 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 229.67 232.37 451.82 Price (B/Share) 0.51 0.55 1.21 P/E (X) 15.50 - - P/BV (X) 0.46 0.49 0.88 CG Report: Company Rating: 2023 SET ESG Ratings (BBB) Major Shareholders as of 19/03/2024 MR. ASA SARASAS (13.44%) MR. PORNCHAI CHARUMETHEE (2.58%) MR. CHUMPOL SRILALERT (2.46%) MR. VICHIEN SRIMUNINNIMIT (1.37%) MR. KRONGCHAI VIBOON-UTHAI (1.33%) OTHERS (78.82%) Company Information and Contact http://www.gcapital.co.th ir.gcap@gcapital.co.th 0-2651-9995 9/9 @ Sathorn Building 19th Fl., South Sathorn Rd., Yannawa, Sathorn Bangkok 10120 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=GCAP Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 12/06/2024 45


HARN : HARN ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Import and distribution of products, fire suppression system, airconditioning system and sanitary system, refrigeration system, digital printing system, provide development IoT Products and Solutions, including the provision of consulting, designing services in projects and provision of engineering solutions complete Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 275.29 314.62 1,326.23 1,242.29 Expenses 253.33 284.63 1,181.28 1,128.24 Net Profit (Loss) 17.32 23.61 114.04 88.78 Balance Sheet (MB) Assets 1,775.37 1,778.45 1,754.01 1,783.10 Liabilities 375.75 406.61 370.83 434.48 Shareholders' Equity 1,400.13 1,371.29 1,383.42 1,347.99 Cash Flow (MB) Operating 33.34 7.14 197.61 91.98 Investing -0.70 -5.24 27.42 -62.25 Financing -2.99 -2.85 -87.48 -69.81 Financial Ratio EPS (Baht) 0.03 0.04 0.20 0.15 GP Margin (%) 28.20 29.05 30.09 28.40 NP Margin (%) 6.19 7.48 8.53 7.15 D/E Ratio (x) 0.27 0.30 0.27 0.32 ROE (%) 7.78 7.12 8.35 6.66 ROA (%) 7.71 6.96 8.20 6.58 Business Plan - In the year 2024 the Company has adjust business plan to constantly thrive. For example, to expand to the new group of customers in power plants and petrochemicals industry, to emphasis on design, inspect and installation of fire protection system, centralized the customer list acquired from the EBT, constantly increase the authorized dealer for new products, study investing plan in the engineering solutions provider in related. - Providing the quality and valuable products and services by cooperating with high technology manufacturers who are the leaders in the industry. Such competencies we provide will generate customer satisfaction and choose us as a strategic partner and differentiate us from the other competitors and raise the business sustainability. Additionally, we emphasis in research and development in the following sectors. Fire Protection and Safety Business Unit initiates new products which could reduce installation cost and environmental friendly. Refrigeration Business Unit focuses on strategic energy saving by advance technology products to combat global warming. Digital Printing Business Unit emphasizes on bringing most current innovations modernization and expands 3D printing solutions in the area of 3D medical. Building-IoT Solutions Unit develops IT Products and Solutions system focusing in rendering Smart Building services. Business Highlight • Backlog order as of March 31, 2024, amounting 403.42 MB. • The company has new products and innovations such as Fire Protection and Safety Business Unit Launching Quick Installation Products for reducing installation time and solving skilled labor shortage issue. Refrigeration Business Unit Developing Telechill Smart Solution (S2) Project with our subsidiary "Aiyaraharn", which is the development of IoT Platform and Sensor Gateway to help monitor quality and track energy usage, including notify of abnormal temperature change of the cooling system to mobile phone or online control screen which will reduce the risk of product damage. Digital Printing Business Unit Joining the 2D Barcode for Consumer safety project with the International Code Institute (GS1 Thailand), which is printing the expiration date with a new generation of two dimensional barcode which can check the expiration date of consumer products at the place of sale in convenience stores for the safety of consumers. Performance and Analysis Business Performance Summary Total revenues of 275.29 MB. in Q1/2567 decreased by 39.48 MB. or 12.54% compared to the Q1/2566 from project operation delays impacting goods delivery and service revenue recognition. Also some customers of refrigeration unit postpone investment due to slow global trade recovery and the Thai economy that grew less than expected. The gross profit margin decreased by 0.85% from higher product and import costs, besides THB depreciation. Distribution costs decreased 2.31 MB. or 7.89% as revenue decreased. Administrative expenses decreased by 0.66 MB. or 1.82% from fully amortized the customer relationships amount in Q4/2023. Impairment credit loss decreased by 2.81 MB. from receive payment from previous overdued accounts. Key Milestones 2023 Signed MOU on academic between SANYO and King Mongkut’s University of Technology North Bangkok. To develop a prototype of a commercial refrigeration system in Thailand. 2022 Show intention and join the energy conservation network "Energy Beyond Standard" from Department of Alternative Energy Development and Efficiency. Risk Management Policy Foreign Currency Exposure: The Company has more than 620 MB. financial facilities with banks and FCD Accounts and will consider buying foreign currency in advance according to the risk exposure and also continuously monitor the trend in the change of the currency for the purpose of evaluation and managing risks. In addition, if foreign exchange rates change to the level that leads to sharp increase in its cost, the Company will revise its selling prices based on market conditions with prior notice thereof to our customers. Goodwill Impairment test: Goodwill derived from the purchase and entire business transfer considered an intangible asset in compliance with financial reporting standard. The annual impairment test is required. However, the management and sales team of the acquiree has joined the company and taken care of the customers. Moreover, sharing all customer list could generate more sales wide across all business units. As a result the management has confident to induce sufficient free cash flow to overcome the impairment test criteria. Recent Awards and Recognitions 2023 received a Green Certificate for its Product: Printing Machine at the SCGC Go Green Together 2023 event. 2022 HARN' s new building accredited by DGNB GmbH the “Gold Certificate” for Energy Conservation Building organized by the German-Thai Chamber of Commerce and DGNB GmbH. Revenue Structure Fire Protection System 47.63% Air-Conditioning and Sanitary 4.2% Refrigeration 14.97% Digital Printing 30.85% Building-IoT Solutions 0.01% Others 2.34% Stock Information mai / SERVICE Closing price HARN mai index 3.00 2.00 1.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 HARN SERVICE mai P/E (X) 11.28 111.30 109.40 P/BV (X) 0.93 2.64 2.11 Dividend yield (%) 6.82 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 1,285.90 1,297.59 1,309.28 Price (B/Share) 2.20 2.22 2.24 P/E (X) 11.28 12.39 14.92 P/BV (X) 0.93 0.96 0.99 CG Report: Major Shareholders as of 26/03/2024 Mr. WIRAT SUKCHAI (15.26%) Mrs. SIRIMA IAMSAKULRAT (14.01%) NICE NOBLE LIMITED (12.54%) Mr. JAIN CHARNNARONG (11.80%) Mrs. NOPPORN CHARNNARONG (4.50%) Others (41.89%) Company Information and Contact http://www.harn.co.th IR : wirat.s@harn.co.th, CFO : wisit.w@harn.co.th 0-2318-9744 559 Soi Soonvijai 4, Rama 9 Road, Bangkapi, Huaykwang Bangkok 10310 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=HARN Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 17/05/2024 46


HEALTH : HEALTH EMPIRE CORPORATION PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Investment and Management of Health Comprehensive, Prevention and Treatment including Developing Technology and Distribution Channels Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 13.77 6.48 25.07 118.03 Expenses 20.39 16.87 299.16 625.06 Net Profit (Loss) -12.28 -7.02 -264.47 -457.29 Balance Sheet (MB) Assets 751.57 1,028.59 760.29 1,031.49 Liabilities 67.15 79.49 63.05 74.92 Shareholders' Equity 684.68 947.63 696.96 954.65 Cash Flow (MB) Operating -10.13 -1.76 -20.31 -36.47 Investing 29.42 -1.41 20.89 -93.84 Financing -13.24 0.08 -6.22 117.11 Financial Ratio EPS (Baht) -0.03 -0.02 -0.69 -1.27 GP Margin (%) 49.47 64.38 52.58 41.23 NP Margin (%) -91.95 -115.41 -1,064.18 -403.14 D/E Ratio (x) 0.10 0.08 0.09 0.08 ROE (%) -33.05 -41.43 -32.03 -42.02 ROA (%) -30.30 -36.76 -29.50 -38.49 Business Plan Sustainable Development Plan The company has applied the concept of sustainability in economic, social, and environmental dimensions to come together as part of the organization's development for return on investment. The company considers the most cost-effective use of resources, such as water, electricity, paper, repairing office equipment collaboratively, and learning to use resources economically and with value. For long-term growth, the company will review the business overview on a regular basis to better understand the strengths and needs of consumers. This results in the development of new products and services to meet the needs of consumers. Business Highlight • RBN Retail Company Limited (RBNR), an affiliated company of HEALTH, has been granted the exclusive rights to use the trademark "Han Fa" for the production, subcontracted production, advertising, promotion, and sale of mosquito repellent spray products, both domestically and internationally. • Raise the level of the medical herbal industry and alternative medicine under the Brand of "Karaboon" Performance and Analysis Business Performance Summary According to the operating results of the quarter of 1/2024, , sales and service income was 4.62 million baht, compared to the same year last year, a increase of 38.76%, rental income was 0.51 million baht, compared to the same year last year, a decrease of 62.88% due to subleases from 3 locations last year to 2 currently and others income Increase from profits from sales in associated companies 4.36 million baht, normal profits from department stores 1.94 million baht and others (such as interest income) amount 0.55 million baht. And Change business strategies downsizing and delay investment in business sectors that currently remain uncertain, namely the cultivation of hemp and cannabis plants with social and political trends that affect hemp and cannabis, as well as issues of law amendment and various government announcements make the cannabis, hemp business uncertain, as a result, the market price fluctuates. Cost of sales and services was 2.47 million baht, compared to the same year last year, increase by 47.65%, Cost of distribution and Administrative expenses was 17.93 million baht, compared to the same year last year, increase by 18.03% Resulting in a total net loss of 12.66 million baht., there was an operating loss of 4.72 million baht, a share of profits from investments in associated companies of 2.13 million baht, and realized losses from the sale of investments in associated companies (reversing the recognition Share of profit and loss under the equity method) in the amount of 7.81 million baht and loss from property impairment in the amount of 2.26 million baht Key Milestones • Selling all common shares of Health Up Company Limited (HU) • HEALTH has approved Mediwell Co., Ltd. (MW), a subsidiary, to invest in common shares of RBN Retail Co., Ltd. (RBNR), which operates a pharmaceutical and medical supply retail store, in the proportion of 40 percent. Risk Management Policy HEALTH has a risk management policy of the HEALTH Group used as a guideline for practice, which covers the organizational and operational levels, namely Strategic Risk, Operational Risk, Report Risk, Compliance Risk, Operating various businesses Risk, including risks from changes in government policy and various laws. Recent Awards and Recognitions Revenue Structure Selling herbal products 36.46% Rantal income 3.72% Other incomes 59.82% Stock Information mai / SERVICE Closing price HEALTH mai index 5.00 2.50 0.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 28/03/24 HEALTH SERVICE mai P/E (X) - 111.30 109.40 P/BV (X) 0.94 2.64 2.11 Dividend yield (%) - 1.89 1.80 28/03/24 28/12/23 30/12/22 Market Cap (MB) 657.08 745.35 1,641.54 Price (B/Share) 1.71 1.94 4.36 P/E (X) - - - P/BV (X) 0.94 0.81 1.20 CG Report: Company Rating: Major Shareholders as of 29/03/2024 MORE RETURN PUBLIC COMPANY LIMITED (33.39%) น.ส. อัยลดา ชินวัฒน์(15.10%) MR. SAMART CHUASIRIPHATTANA (6.95%) นาย สมบัติพานิชชีวะ (4.48%) MR. THIBDEE MANGKALEE (4.04%) Others (36.04%) Company Information and Contact https://www.healthempire.co.th/ ir@healthempire.co.th 0-2514-5000 Major Tower Rama 9 - Ramkhamhaeng, FL. 20 OFFICE 2 51 Rama 9 RD., Huamark Sub-District, Bangkapi District Bangkok 10240 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=HEALTH Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 14/06/2024 47


HL : HEALTHLEAD PUBLIC COMPANY LIMITED 3M/2024 (Jan - Mar 2024) Business Overview Healthlead operates as a holding company through subsidiaries by investing in drugstores and a health product distributor who collaborates with research institutions to develop and distribute innovative health products. Financial Statement 3M24 3M23 2023 2022 Income Statement (MB) Revenues 494.82 388.34 1,659.31 1,538.21 Expenses 470.79 370.56 1,558.59 1,389.82 Net Profit (Loss) 18.58 12.80 74.68 118.23 Balance Sheet (MB) Assets 1,432.08 1,311.03 1,382.35 1,288.19 Liabilities 445.45 356.25 414.29 346.20 Shareholders' Equity 986.63 954.78 968.05 941.99 Cash Flow (MB) Operating 32.86 12.50 91.26 136.20 Investing 22.13 -67.78 177.28 -624.51 Financing -9.33 -7.36 -80.08 -70.34 Financial Ratio EPS (Baht) 0.07 0.05 0.27 0.43 GP Margin (%) 21.73 21.47 23.06 24.76 NP Margin (%) 3.75 3.29 4.50 7.69 D/E Ratio (x) 0.45 0.37 0.43 0.37 ROE (%) 8.29 10.90 7.82 13.08 ROA (%) 7.76 10.30 7.50 12.33 Business Plan The Group aims to expand its branch continuously, targeting Bangkok and metropolitan areas due to the high market value. The target is to open 20 new branches in 2024. In addition, the Group also plans to launch innovative products under its own brands and expand its distribution channels. Sustainable Development Plan • Aim to operate with fairness, legitimacy, and transparency. • Strictly comply with the law and regulations. • Operate in consistent with labor law and concerns regarding human rights. • Show responsibility to customers by providing high quality products and customer services, with accurate and updated information, and keeping client confidentiality. • Implement a green campaign by reducing usage of plastic bags and paper boxes. Implementing ERP systems to reduce paper usage. The Group initiated a pioneering project, by applying etax to business partners, in order to reduce paper use, for partners who are ready for the transformation. • Place its importance on a healthy community and support sustainable development. The Group has participated in diverse activities in various aspects such as public health, education, and religion. Business Highlight Investing in drugstores and a health product distributor who engages in with outsourced research teams to co-develop the most innovative health products. The Group owns four brands of drugstores and operates 52 branches throughout Bangkok and Metropolitan area as of 31 March 2024. It also owns two brands: ‘PRIME’ - products in dietary supplements; ‘BESUTO’ - innovative hygiene and health products; and holds exclusivity of brand ‘BOMSKIN’ cosmeceutical skin care made in Korea. Performance and Analysis Business Performance Summary In Q1-2024 revenues from sales were 482.41 MB, 25.17% YOY increase - 99.01% of revenues from sales came from retail sales. Revenue from sales of all four categories increase both YOY and QOQ. The highest growth was from medical food, grew 36.20% YOY, followed by personal healthcare 31.79% YOY. Other income jumped 102.80% YOY from the rapid increase in the number of branches and selling area resulted in increased revenue from existing and additional services. Icare Health Co., Ltd. (its subsidiary) had 6.45 MB net gain on disposal of non-current assets classified as held-for-sales in Q1-2024. The assets included land and buildings previously used as Icare Health's warehouse. Icare Health sold and transferred the property on February 8, 2024. The Group reported 18.58 MB net profit, increased 45.17% YOY. Key Milestones • As of 31 March 2024, the Group had a total of 52 branches, by adding two branches in Q1-2024 in Bangkok and Metropolitan area. • Certified as Accredited Pharmacy by The Office of Community Pharmacy Accreditation (Thailand) to legitimately join the National Health Security System Program or the so-call "golden card" 30 Baht health care scheme. • VAT REFUND FOR TOURISTS is available in all branches. • Implemented e-Tax Invoice & e-Receipt and joined 'Easy eReceipt program', the government's domestic consumption stimulus plan, from January 1, 2024 to February 15, 2024. Risk Management Policy • Since founding the drugstore 30 years ago, the Group has sourced from two major distributors. The partnership has gone well. However, the Group has regularly reviewed new suppliers to ensure it secures sufficient products. • In terms of competition risk, the Group focuses on expanding branches to strategic locations in Bangkok and having pharmacists stationed at all branches to guarantee superior quality of services. • The Group is widely recognized in pharmacist professional group, as it has been offering internship programs for pharmaceutical students from leading universities for years. This has efficiently mitigated the risk of pharmacist shortage. Recent Awards and Recognitions 1. Gold Medal for the invention Prime B0051 plus at the 2021 Japan Design, Idea & Invention Expo, August 18-20, 2021 2. Silver Medal for the Invention Innovation Entitled: BESUTO-12 at the iCAN 2020 (Toronto, Canada), August 29, 2020 3. Special Award in recognition of excellent invention/innovation of BESUTO-12 at the iCAN 2020 (Toronto, Canada), August 29, 2020 4. Silver Medal for SPECIAL EDITION 2022 from Cell Matrix Technology Prime VISON Product - INVENTION GENEVA EVALUATION DAYS, March 28, 2022 5. Gold Medal for the invention Prime MOVX2 -2022 Japan Design, Idea & Invention Expo, July 1-3, 2022 Revenue Structure Profession healthcare 68.82% Home healthcare 14.29% Personal healthcare 11.13% Medical food 5.76% Stock Information mai / SERVICE Closing price HL mai index 25.00 14.50 4.00 562.00 487.33 412.67 338.00 3-4-23 7-7-23 4-10-23 4-1-24 29-3-24 as of 29/03/24 HL SERVICE mai P/E (X) 43.71 111.30 109.40 P/BV (X) 3.37 2.64 2.11 Dividend yield (%) 1.25 1.89 1.80 29/03/24 28/12/23 30/12/22 Market Cap (MB) 3,264.00 2,828.80 6,691.20 Price (B/Share) 12.00 10.40 24.60 P/E (X) 43.71 35.81 62.92 P/BV (X) 3.37 3.02 7.38 CG Report: Company Rating: Major Shareholders as of 14/03/2024 MR. SUPAKORN BHANDHUKANONDA (24.27%) MRS. ARAYA TANTANASIN (18.55%) MRS. MATAYA BHANDHUKANONDA (10.43%) MR. SUMATE MANOSUTHI (10.14%) MR. THATCHAPHOL CHONWATTANASAKUL (4.34%) Others (32.27%) Company Information and Contact http://www.healthleadgroup.com ir@healthleadgroup.com 0-2118-0884 99/4, Moo 10, Bang Muang Sub-District, Bang-Yai District Nonthaburi 11140 Other Trading Info. : https://www.settrade.com/C04_01_stock_quote_p1.jsp? txtSymbol=HL Remarks: This document is prepared by the listed company and aimed to disseminate the listed company’s information to investors for only investment decision support. The listed company does not give investment advice or recommendation regarding the listed company’s securities. Before making investment decisions, investors should study additional information and seek advice from relevant professionals. In no event shall the listed company be responsible for any loss or damage arising from the use of the information contained herein. The listed company reserves the right to amend the content specified in this document without prior notice. Unless otherwise permitted by the listed company, copy, modification, or dissemination of this document or the content contained herein is prohibited. In case there is any questions regarding the listed company’s information, the investors may seek for additional information from the report or information which the listed company has disclosed through the Office of the Securities and Exchange Commission’s and/or the Stock Exchange of Thailand’s channel. Published on 07/06/2024 48


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