November 13, 2019 Re : Management Discussion and Analysis for Q3/2019 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated

quarter last year. Net profit margin in quarter 1/2018 were 15.47% and 13.78% in quarter 1 /2017. Such rises were mainly due to the sales & margin escalation and better cost management. Analysis of

1 Forth Smart Service Public Company Limited (FSMART) 4Q17 Management Discussion and Analysis Operational Summary in 4Q17  Total revenue from core business was Bt3,105mn, an increase of 38.3 % YoY

73 1 / 4 Ref. MD 016/2018 10th May 2018. Subj Management Discussion and Analysis (MD&A) Q1/2018 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public Company

73 1 / 4 Pef. MD 042/2017 15th August 2017 Subj Management Discussion and Analysis (MD&A) Q2/2017 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public Company

of Thailand Enclosure : 1. Financial Statements for the Second quarter ended June 30,2017 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Reviewed

73 1 / 4 Pef. MD 057/2017 13th November 2017 Subj Management Discussion and Analysis (MD&A) Q3/2017 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public Company

73 1 / 3 Pef. MD 004/2018 20th February 2018 Subj Management Discussion and Analysis (MD&A) of 2017 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public Company

(Translation) PRG.MD. 021/2019 February 26th, 2019 Subject: Management Discussion and Analysis (MD&A) of 2018 Attention: Managing Director of the Stock Exchange of Thailand We, Patum Rice Mill and

1 / 4 (Translation) PRG.MD. 040/2019 May 14th, 2019 Subject: Management Discussion and Analysis (MD&A) Q1/2019 Attention: Managing Director of the Stock Exchange of Thailand We, Patum Rice Mill and