ELEMENT LIST

EXPLAINATION

Reason for increase (decrease) in net profit for current year compared to last year

Reasons for increase:

- Increase in sales of some retail sections particularly electronics section driven by smart phone sales and video games section. Increased number of showrooms from 50 to 55 contributed to increased retail sales.

- Relative improvement of profit margins of some sections due to the continuing improvement in products management and discounts received from vendors including rebates receivable upon achievement of sales targets.

- Increase of other income.

- Decrease of selling & marketing expenses.

Type of the external auditor's opinion

Unmodified opinion

External auditor's report containing reservation

These estimated financial results for the year ended December 31, 2018 are prepared by the management of the Company and have not yet been reviewed or audited by the external auditor.

Reclassifications in annual financial results

Certain comparative figures of the prior year have been reclassified to conform .with the presentation of the current year

Additional Information

For all periods presented, earnings per share information is calculated based on the new number of shares post the capital increase through bonus shares on 28 October 2018, the date on which the Extraordinary General Assembly approved the capital increase.

Other income (net) is included in the income from operations as it is of an operating nature. The comparative figure has been reclassified to conform with the current presentation.

Five new showrooms were opened during the year on 1/1/2018, 28/2/2018, 15/8/2018, 26/11/2018 and 16/12/2018.