Common use of Basis of preparation Clause in Contracts

Basis of preparation. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Group choosing to present condensed interim financial statements. However, the Group has presented the statements of financial position, statement of comprehensive income, changes in shareholders' equity, and cash flows in the same format as that used for the annual financial statements. The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events and circumstances so as not to duplicate information previously reported. These interim financial statements should therefore be read in conjunction with the latest annual financial statements. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the Thai language financial statements. 2.2 Basis of consolidation a) The interim consolidated financial statements include the financial statement of JKN Global Media Public Company Limited (“the Company”) and the following subsidiaries (“the subsidiaries”): Country of Percentage of Company’s name Nature of business incorporation shareholding 2021 2020 (Percent) (Percent) JKN Global Content Pte. Ltd. Agent for purchasing of program rights Singapore 100 100 JKN Channel Company Limited Production service, studio leasing, costume rental, event organizer and artist management Thailand 100 100 JKN IMC Company Limited Advertising agency Thailand 100 100 JKN News Company Limited Advertising services and production of television program Thailand 100 100 JKN MNB Company Limited Production and distribution of non- alcoholic beverages Thailand 51 - b) The Company is deemed to have control over an investee or subsidiaries if it has rights, or is exposed, to variable returns from its involvement with the investee, and it has the ability to direct the activities that affect the amount of its returns. c) Subsidiaries are fully consolidated, being the date on which the Company obtain control, and continue to be consolidated until the date when such control ceases. d) The financial statements of the subsidiaries are prepared using the same significant accounting policies as the Company. e) The assets and liabilities in the financial statements of overseas subsidiary companies are translated to Baht using the exchange rate prevailing on the end of reporting period, and revenues and expenses translated using monthly average exchange rates. The resulting differences are shown under the caption of “Exchange differences on translation of financial statements in foreign currency” in the statements of changes in shareholders’ equity. f) Material balances and transactions between the Company and its subsidiaries have been eliminated from the consolidated financial statements. 2.3 The separate financial statements present investments in subsidiaries under the cost method. 2.4 Significant accounting policies The interim financial statements are prepared by using the same accounting policies and methods of computation as were used for the financial statements for the year ended December 31, 2020.

Basis of preparation. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Group choosing to present condensed interim financial statements. However, the Group has presented the statements of financial position, statement of comprehensive income, changes in shareholders' equity, and cash flows in the same format as that used for the annual financial statements. The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events and circumstances so as not to duplicate information previously reported. These interim financial statements should therefore be read in conjunction with the latest annual financial statements. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the Thai language financial statements. 2.2 Basis of consolidation a) The interim consolidated financial statements include the financial statement of JKN Global Media Public Company Limited (“the Company”) and the following subsidiaries (“the subsidiaries”): Country of Percentage of Shareholding percentage Company’s name Nature of business Country of incorporation shareholding both directly and indirectly owned 2022 2021 2020 (Percent) (Percent) JKN Global Content Pte. Ltd. Agent for purchasing of program rights Singapore 100 100 JKN Channel Company Limited Production service, studio leasing, costume rental, event organizer and artist management Thailand 100 100 JKN IMC Company Limited Advertising agency Thailand 100 100 JKN News Company Limited Advertising services and production of television program Thailand 100 100 JKN MNB Company Limited Production and distribution of non- alcoholic beverages Thailand 51 80.4 80.4 JKN Best Life Company Limited Providing digital television stations and manufacturing and distribution of health, beauty and consumer products Thailand 100 100 MN Beverage Company Limited Engaged in the business of manufacturing and distributing non- alcoholic beverages Thailand 60 60 Quatro P Company Limited Non operate Thailand 100 100 b) The Company is deemed to have control over an investee or subsidiaries if it has rights, or is exposed, to variable returns from its involvement with the investee, and it has the ability to direct the activities that affect the amount of its returns. c) Subsidiaries are fully consolidated, being the date on which the Company obtain control, and continue to be consolidated until the date when such control ceases. d) The financial statements of the subsidiaries are prepared using the same significant accounting policies as the Company. e) The assets and liabilities in the financial statements of overseas subsidiary companies are translated to Baht using the exchange rate prevailing on the end of reporting period, and revenues and expenses translated using monthly average exchange rates. The resulting differences are shown under the caption of “Exchange differences on translation of financial statements in foreign currency” in the statements of changes in shareholders’ equity. f) Material balances and transactions between the Company and its subsidiaries have been eliminated from the consolidated financial statements. 2.3 The separate financial statements present investments in subsidiaries under the cost method. 2.4 Significant accounting policies The interim financial statements are prepared by using the same accounting policies and methods of computation as were used for the financial statements for the year ended December 31, 2020.

Basis of preparation. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Group choosing to present condensed interim financial statements. However, the Group has presented the statements of financial position, statement of comprehensive income, changes in shareholders' equity, and cash flows in the same format as that used for the annual financial statements. The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events and circumstances so as not to duplicate information previously reported. These interim financial statements should therefore be read in conjunction with the latest annual financial statements. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the Thai language financial statements. 2.2 Basis of consolidation a) The interim consolidated financial statements include the financial statement of JKN Global Media Group Public Company Limited (“the Company”) (formerly named JKN Global Media Public Company Limited) and the following subsidiaries (“the subsidiaries”): Country of Percentage of Shareholding percentage Company’s name Nature of business Country of incorporation shareholding both directly and indirectly owned 2022 2021 2020 (Percent) (Percent) JKN Global Content Pte. Ltd. Agent for purchasing of program rights Singapore 100 100 JKN Channel Company Limited Production service, studio leasing, costume rental, event organizer and artist management Thailand 100 100 JKN IMC Company Limited Advertising agency Thailand 100 100 JKN News Company Limited Advertising services and production of television program Thailand 100 100 JKN MNB Company Limited Production and distribution of non- alcoholic beverages Thailand 80.4 80.4 JKN Best Life Company Limited Providing digital television stations and manufacturing and distribution of health, beauty and consumer products Thailand 100 100 MN Beverage Company Limited Engaged in the business of manufacturing and distributing non-alcoholic beverages Thailand 60 60 Quatro P Company Limited Non operate Thailand 100 100 JKN Hi Shopping Company Limited Retail sale by mail order, television, radio and telephone Thailand 51 - Indirect subsidiary companies - held by JKN Hi Shopping Company Limited High Shopping TV Company Limited Providing television stations Thailand 51 - b) The Company is deemed to have control over an investee or subsidiaries if it has rights, or is exposed, to variable returns from its involvement with the investee, and it has the ability to direct the activities that affect the amount of its returns. c) Subsidiaries are fully consolidated, being the date on which the Company obtain control, and continue to be consolidated until the date when such control ceases. d) The financial statements of the subsidiaries are prepared using the same significant accounting policies as the Company. e) The assets and liabilities in the financial statements of overseas subsidiary companies are translated to Baht using the exchange rate prevailing on the end of reporting period, and revenues and expenses translated using monthly average exchange rates. The resulting differences are shown under the caption of “Exchange differences on translation of financial statements in foreign currency” in the statements of changes in shareholders’ equity. f) Material balances and transactions between the Company and its subsidiaries have Group has been eliminated from the interim consolidated financial statements. 2.3 The separate financial statements present investments in subsidiaries under the cost method. 2.4 Significant accounting policies The interim financial statements are prepared by using the same accounting policies and methods of computation as were used for the financial statements for the year ended December 31, 20202021.

Basis of preparation. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Group choosing to present condensed interim financial statements. However, the Group has presented the statements of financial position, statement of comprehensive income, changes in shareholders' equity, and cash flows in the same format as that used for the annual financial statements. The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events and circumstances so as not to duplicate information previously reported. These interim financial statements should therefore be read in conjunction with the latest annual financial statements. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the Thai language financial statements. 2.2 Basis of consolidation a) The interim consolidated financial statements include the financial statement of JKN Global Media Public Company Limited (“the Company”) and the following subsidiaries (“the subsidiaries”): Country of Percentage of Company’s name Nature of business incorporation shareholding 2021 2020 (Percent) (Percent) JKN Global Content Pte. Ltd. Agent for purchasing of program rights Singapore 100 100 JKN Channel Company Limited Production service, studio leasing, costume rental, event organizer and artist management Thailand 100 100 JKN IMC Company Limited Advertising agency Thailand 100 100 JKN News Company Limited Advertising services and production of television program Thailand 100 100 JKN MNB Company Limited Production and distribution of non- alcoholic beverages Thailand 51 - - JKN Best Life Company Limited Providing digital television stations and manufacturing and distribution of health, beauty and consumer products Thailand 100 - Quatro P Company Limited Non operate Thailand 100 - b) The Company is deemed to have control over an investee or subsidiaries if it has rights, or is exposed, to variable returns from its involvement with the investee, and it has the ability to direct the activities that affect the amount of its returns. c) Subsidiaries are fully consolidated, being the date on which the Company obtain control, and continue to be consolidated until the date when such control ceases. d) The financial statements of the subsidiaries are prepared using the same significant accounting policies as the Company. e) The assets and liabilities in the financial statements of overseas subsidiary companies are translated to Baht using the exchange rate prevailing on the end of reporting period, and revenues and expenses translated using monthly average exchange rates. The resulting differences are shown under the caption of “Exchange differences on translation of financial statements in foreign currency” in the statements of changes in shareholders’ equity. f) Material balances and transactions between the Company and its subsidiaries have been eliminated from the consolidated financial statements. 2.3 The separate financial statements present investments in subsidiaries under the cost method. 2.4 Significant accounting policies The interim financial statements are prepared by using the same accounting policies and methods of computation as were used for the financial statements for the year ended December 31, 2020.

Basis of preparation. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Group choosing to present condensed interim financial statements. However, the Group has presented the statements of financial position, statement of comprehensive income, changes in shareholders' equity, and cash flows in the same format as that used for the annual financial statements. The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events and circumstances so as not to duplicate information previously reported. These interim financial statements should therefore be read in conjunction with the latest annual financial statements. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the Thai language financial statements. 2.2 Basis of consolidation a) The interim consolidated financial statements include the financial statement of JKN Global Media Group Public Company Limited (“the Company”) (formerly named JKN Global Media Public Company Limited) and the following subsidiaries (“the subsidiaries”): Country of Percentage of Shareholding percentage Company’s name Nature of business Country of incorporation shareholding both directly and indirectly owned 2022 2021 2020 (Percent) (Percent) JKN Global Content Pte. Ltd. Agent for purchasing of program rights Singapore 100 100 JKN Channel Company Limited Production service, studio leasing, costume rental, event organizer and artist management Thailand 100 100 JKN IMC Company Limited Advertising agency Thailand 100 100 JKN News Company Limited Advertising services and production of television program Thailand 100 100 JKN Drink Company Limited (formerly named JKN MNB Company Limited Limited) Production and distribution of non- alcoholic beverages Thailand 88.70 80.40 JKN Best Life Company Limited Providing digital television stations and manufacturing and distribution of health, beauty and consumer products Thailand 100 100 MN Beverage Company Limited Engaged in the business of manufacturing and distributing non-alcoholic beverages Thailand 60 60 Quatro P Company Limited Non operate Thailand 100 100 JKN Hi Shopping Company Limited Retail sale by mail order, television, radio and telephone Thailand 51 - - Indirect subsidiary companies - held by JKN Hi Shopping Company Limited High Shopping TV Company Limited Providing television stations Thailand 51 - b) The Company is deemed to have control over an investee or subsidiaries if it has rights, or is exposed, to variable returns from its involvement with the investee, and it has the ability to direct the activities that affect the amount of its returns. c) Subsidiaries are fully consolidated, being the date on which the Company obtain control, and continue to be consolidated until the date when such control ceases. d) The financial statements of the subsidiaries are prepared using the same significant accounting policies as the Company. e) The assets and liabilities in the financial statements of overseas subsidiary companies are translated to Baht using the exchange rate prevailing on the end of reporting period, and revenues and expenses translated using monthly average exchange rates. The resulting differences are shown under the caption of “Exchange differences on translation of financial statements in foreign currency” in the statements of changes in shareholders’ equity. f) Material balances and transactions between the Company and its subsidiaries have been eliminated from the consolidated financial statements. 2.3 The separate financial statements present investments in subsidiaries under the cost method. 2.4 Significant accounting policies The interim financial statements are prepared by using the same accounting policies and methods of computation as were used for the financial statements for the year ended December 31, 2020.