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ThaiBev BUSINESS UPDATE FOR THE NINE MONTHS ENDED 30 JUNE 2021 KEY HIGHLIGHT • Sales revenue for the nine months ended 30 June 2021 amounting to Baht 192,120 million , an increase of 1.1 % year - on - year ( " YoY " ) despite the continued impact from the COVID - 19 pandemic Delivered strong earnings growth , with EBITDA¹ increasing 11.5 % YoY to Baht 36,638 million , underpinned by satisfactory improvements in EBITDA from spirits , beer , and food business Reported satisfactory improvement in EBITDA margin amidst the challenge in business operation during the pandemic , as a result of the Company's prudent cost - control measures Financial position remains solid , with strong free cash flow and lower leverage ratios BANGKOK , Thailand , 13 August 2021 The board of directors ( the " Board " ) of Thai Beverage Public Company Limited ( “ ThaiBev ” , and together with its subsidiaries , the " Group " ) today provided an update on the Group's business during the nine months ended 30 June 2021 ( " 9M21 " ) . BUSINESS SEGMENT 9M21 SPIRITS BEER NAB Sales Revenue 91,630 80,265 11,688 Changes YoY 3.6 % 1.2 % -6.4 % FOOD ELIMINATE 8,649 -12.9 % ( 112 ) ( Million Baht ) THAIBEV 192,120 1.1 % EBITDA 23,605 10,631 1,629 773 36,638 Changes YoY 9.5 % 20.4 % -4.6 % 2.9 % 11.5 % 9M20 SPIRITS BEER NAB * FOOD ELIMINATE Sales Revenue EBITDA 88,455 21,560 79,317 8,833 12,488 1.707 9,935 ( 96 ) 751 THAIBEV 190,099 32,851 * 9M20 NAB's EBITDA was Bt 1,707 M , and if excluding non - recurring item for other income amounting to Bt 293 M due to insurance claim on property damaged from fire incident of Oishi beverage factory , 9M20 NAB's EBITDA would be Bt 1,414 M SPIRITS – In 9M21 , the Group's spirits business generated sales revenue amounting to Baht 91,630 million , an increase of 3.6 % while total sale volume of spirits increased 4.2 % . Although there were COVID - 19 - related measures such as the temporary closure of entertainment venues and restaurants in Thailand , the business is proven to be resilient as a result of strong spirits product portfolio with variety of segmentation and off - premise consumption nature . Our spirits business performance in Myanmar remained stable due to our strong brand and market shares Earnings before interest , taxation , depreciation , and amortization Business Update - For the Nine Months Ended 30 June 2021 1/4