Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for

- Translation - Management Discussion and Analysis of the Company’s Performance for the nine-month period ended 30 September 2019 - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management

locations, and the SPAR convenience store increased by 2 locations, compared to the previous quarter. Within this quarter, 2 more Inthanin Coffee locations Management Discussion and Analysis of Business

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1 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 Unit: million Baht Year 2018 Year 2017 Pe rfo rm an ce Revenues 29,910 15,178 Sales Volume (k tons) 1,447 812

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The second quarter of 2018/19 (ended 30 September 2018) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018/19 7 NOV 2018 BUSINESS HIGHLIGHTS IN 2Q 2018/19  Revenue was THB 1,208mn, an

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. Moreover, the Company plans to operate full commercial service all the line within March 2020. (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the