decreasing of fattening pig price. Selling and Administration Expenses Selling and administration expenses in Quarter 1/2019 increased by Baht 14.5 million or 11.3% due to annual merit increase and revenue

Dear Directors and Managers The Stock Exchange of Thailand, C.I. Group Public Company Limited (“the company”) hereby reports financial performance for the first quarter ended March 31, 2020 as follows

Quarter of 2019 Dear The Director and Manager of the Stock Exchange of Thailand, Rayong Wire Industries Plc. as (COMPANY) would like to describe and analyze the financial position and business operation of

Stock Exchange of Thailand Please find the reviewed Financial Statement for the Quarter 2/2017 ending 30 June 2017 which had been reviewed by Certified Auditor and has been approved by the Board of

bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54 -18.38 -68.27 5.18

113.09 Gain from bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54

1 / 5 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year at the end of 31 December 2018

value to deceive any persons about financial condition and performance of the companies.  The said persons were (1) {A}, GSTEL director and executive & GJS director, (2) {B}, GSTEL executive, (3) {C

cost. 3) Selling and Administration Expenses Selling and administration expenses decreased by Baht 11.4 million, or 6.5% from Q2/2016, as a result of improved efficiency in cost and expenses control. 4

in fair value of financial assets measured at fair value through profit or loss. Discussion and Analysis of the Company and its subsidiaries’ Operational Results in Q1/2020 and Q1/2019 Corporate