percent due to a decrease of Baht 32.6 million in cash and cash equivalents, receivables under finance lease decreased by Baht 128.9 million from the adjustment of exchange rates and cash received during

page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017 To The President The Stock Exchange of Thailand 1

page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017_revised To The President The Stock Exchange of

page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017_revised 2 To The President The Stock Exchange of

President The Stock Exchange of Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the third quarter of the year 2018 ended 30

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the year ended 31 December 2019, which

28 April 2020 At: ACC/HO 011/63 Re: Management Discussion and Analysis for the Quarter of 1/2020 To: President The Stock Exchange of Thailand Following the Coronavirus 2019 (COVID-19) pandemic and

Limited Ref: IR61/012 14 May 2018 Subject: Management Discussion and Analysis Quarter 1/2018 Ending 31 Mar 2018 To: President The Stock Exchange of Thailand Overview and factors affecting the future

Limited Ref: IR61/012 11 May 2018 Subject: Management Discussion and Analysis Quarter 1/2018 Ending 31 Mar 2018 To: President The Stock Exchange of Thailand Overview and factors affecting the future

and administrative expenses; 3) higher finance costs due to investments in machinery, and joint ventures in Thailand and overseas; 4) higher depreciation of investments in machinery and 5) non-cash, one