& Hoeglund Public Company Limited (“the Company”), the management would like to clarify the operating results for the period of three month ended September 30, 2019 as follows; Analysis of the operating

1 / 3 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the three-month period ended 31 March 2020

1 / 4 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year ended 31 December 2019 • Explanation and

expand in the future. Business Operating Results and Profitability Transaction For the Year ended 31st December (Unit: Million Baht) Year Increase (Decrease) 2018 2017 Amount % Total Revenues 575.16 614.82

NTA of the Registered Company = Cannot be calculated due to Unimit Engineering (Myanmar) Co. Ltd not yet run 2. NET PROFIT METHOD Net profit method = (Net operating income of invest company x proportion

share at the Ministry of Commerce on June 29, 2020. The 3 Months Operating Result as ended 30 June 2020 Financial Performance for the period ended June 30 (Unit : M ill ion Baht) 2020 2019 Inc. / (Dec

November 14, 2019 Re: Clarification of the operating results of company and its subsidiaries for the nine month periods ended September 30, 2019 To: President The Stock Exchange of Thailand K.C

(Translation) NEP-AC 001/2563 26 February 2020 Subject: Management Discussion and Analysis for year ended December 31, 2019 To : The President The Stock Exchange of Thailand Operating Result NEP

October 11, 2019 Re: Clarification of the operating results of company and its subsidiaries for the nine month periods ended September 30, 2018 To: Boards and Managements The Stock Exchange of

October 11, 2019 Re: Clarification of the operating results of company and its subsidiaries for the year ended as at December 31, 2018 To: Boards and Managements The Stock Exchange of Thailand K.C