- ร่าง - 1 August 14, 2018 Subject Management Discussion and Analysis for the period of three months ended 30th June 2018 To President of the Stock Exchange of Thailand Secretary of the Office of

worsen globally in March. Travel restrictions and Visa-ban policy were launched to control the pandemic. As a result, for aviation industry in the first quarter in 2020, global RPK plunged 22.2 percent

of Governors of the Stock Exchange of Thailand Reference is made to the resolutions of the Board of Directors’ Meeting No. 6/2018 of Master Ad Public Company Limited (the “Company”), held on May 17

Industry and Competition 2 1.3 Regulatory Changes 2 2. Risk Management and Risk Factors 6 2.1 Credit Risk Management 6 2.2 Market Risk Management 6 2.3 Liquidity Risk Management 7 2.4 Other Risks Management

(Additional) To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Asset Acquisition (Addendum 1) regarding acquisition of shares of S-TREK (Thailand) Co., Ltd. in the

and Exchange; “Stock Exchange” means the Stock Exchange of Thailand according to the Law on Securities and Exchange; “beneficial owner of derivatives traded by a client” means: (1) an owner or co-owner

expanded more than year 2016. In addition, the expansion of automotive industry and tourism sector were said to be another two significant factors that stimulated Thai economic growth for this quarter. The

President of the Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 31 December 2018 As Golden Lime Public Company Limited (“the Company”) has submitted the Auditor’s report on

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall

August 14, 2019 Ref: SET-2019-010 Re: Management Discussion and Analysis for Quarter 2’ 2019 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company Limited and its