Director Ratio Analysis :Consolidated Financial Statements 12 mth 12 mth Unit : THB million 2017 2016 Returns (%) Return on Assets 13% 8% Return on Equity 15% 10% Working Capital Management (Days) Trade

) (100.00) Net Profit (Excluding Extraordinary Items) 340.61 316.54 24.07 7.60 Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as attached herewith. Please be

Exchange of Thailand The Board of Directors of Eastern Water Resources Development and Management Public Company Limited (“Company / EASTW”) at the meeting No.8/2020 held on May 8, 2020 has resolved that

1 Ref: AC.006/2019 25 February 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

-1- Ref. POL. 028/2020 February 25, 2020 Re: Management Discussion & Analysis of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P Syndicate Public

1 Ref: AC.017/2018 14 May 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

THB from Q2/2017. The income from sales, income from rental and service fee and income from management fee increase 11.53%, 10.56% and 16.85% respectively. The sales promotion costs (excluding ownership

Microsoft Word - MD฿A ประจำปี 2560_E 1 -1- Management Discussion and Analysis for the Year 2017 1. Operating Results (Company and Subsidiaries) Consolidated revenue for the twelve months of year 2017

million, the Corporate Group’s net profit for the year increased by Baht 4 .44 million or an increase of 3.28 percent. Details of the changes or impacts are described in the Management Discussion and

Public Company Limited Management Discussion and Analysis for the Third Quarter ended 30 September 2018 Page 16/21 2. SECURITIES BUSINESS Table: The Ratio of Capital Fund to Risk Assets The ratio of