1 Ref. FN. 033/2018 Management Discussion and Analysis For operation of the second quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Ref. FN. 075/2018 Management Discussion and Analysis For operation of the third quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

year of 2019 and more efficient cost management that caused selling and administrative expense to decrease by 1.5% from the year of 2018. For the branches expansion in the year of 2019, the company

Nov 07, 2018 Subject Management Discussion and Analysis for the nine months period ended September 30, 2018 To The President The Stock Exchange of Thailand Day Dream Public Company Limited (the

), the Securities and Exchange Commission hereby issues the following regulations: Clause 1. In this Notification, “investment advisory company” means a securities company licensed to undertake securities

-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

MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 3 Raw Water Volume (Million Cu.M) Q4/2016 Q4/2017 YoY % 2016 2017 YoY % Total distribution volume 65.15 59.46 (5.69) (8.73%) 282.02

distribution channel, Page 11 in order to cover more sales area. These aforementioned factors are part of the reasons of the hindered the Company sales growth. Apart from the current business of the Company

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Third Quarter and Nine-Month Period Ended 30 September 2017 1. Q3/2017 Highlights Figure 1

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2018 1 Significant events 1. On March 30, 2018, Bangkok Expressway and Metro Public