Earth Tech Environment Public Company Limited 11th November 2020 Subject Management Discussion and Analysis Financial Performance for the quarter ended 30th September 2020 To President The Stock

March 28, 2017 the Central Bankruptcy Court issued an absolute receivership order to Saraburi Coal Co., Ltd. (“Saraburi”). The Company and Saraburi are the parties to a joint venture agreement with 50

Court ordered Saraburi Coal Company Limited (“Saraburi”) into final receivership. The Company and Saraburi are the parties to a joint venture agreement, NWR-SBCC Joint Venture, to carry out a soil and

Saraburi Coal Company Limited (“Saraburi”) into final receivership. The Company and Saraburi are the parties to a joint venture agreement, NWR-SBCC Joint Venture, to carry out a soil and coal extraction and

million. Interest expenses of debentures for the third quarter of 2019 were Baht 19.51 million. 3.7 On March 28, 2017 the Central Bankruptcy Court ordered Saraburi Coal Company Limited (“Saraburi”) into

current market environment market environment. While digital asset businesses are innovative and constantly related to technological advancement and financial innovation, SEC continues to promote the

) Date (Oldest) SignIE8.aspx Electronic Transaction Testing Page This page can help to ensure that your environment is ready for digital signing and submitting e-form to SEC, Thailand. Install Library

: Relevance Date (Newest) Date (Oldest) SignIE8.aspx Electronic Transaction Testing Page This page can help to ensure that your environment is ready for digital signing and submitting e-form to SEC, Thailand

Verified tools. The business sector is encouraged to apply these tools to enhance their protection mechanisms, thereby promoting a safer online environment. Prof. Pornanong Budsaratragoon, Ph.D., SEC

As a result of the current situation, business operators have to self-adjust in response to technological disruption, the changing environment, and investors’ changing behaviors in order to