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CREATE A JOURNAL ENTRY FOR THE BUSINESS COMBINATION The disclosures in relation to the acquisition of CBTL are included in Notes 4 and 11 to

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CREATE A JOURNAL ENTRY FOR THE BUSINESS COMBINATION

The disclosures in relation to the acquisition of CBTL are included in Notes 4 and 11 to the consolidated financial statements.

Acquirer- JFC Group

Acquiree- Coffee Bean and Tea Leaf

Date of Acquisition- September 24, 2019

Cost of Acquisition- 5,118 (in millions)

Net Assets (Book Value and Fair Market Value) 21,353,900 (in millions)

Non-Controlling interest of the acquiree. (if available) 217,573 (in millions)

Consideration transferred (add contingent if available) 17,098,666 (in millions)

Goodwill or Gain from the bargain purchase 4,225,324 (in millions)

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