* Note Please find further information in the consolidated financial statements. 1 13th November, 2018 Subject: Management Discussion & Analysis (MD&A) for the 3rd quarter of 2018 Attention: The

* Note Please find further information in the consolidated financial statements. 1 12th November, 2019 Subject: Management Discussion & Analysis (MD&A) for the 3rd quarter of 2019 Attention: The

, resources management, and oversights of stakeholders, e.g., securities issuers, securities companies, asset management companies, the Stock Exchange of Thailand (SET), auditors and credit rating agencies, etc

investment risk. It is also an opportunity for Thai asset management company to experience the establishment and management of foreign mutual fund and develop Thai mutual fund industry, including expand

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 1 QUARTERLY BUSINESS REVIEW – 2Q 2019  Consolidated revenue increased by 161.5% YoY to THB

- lows: Change % 105.6% 53.6% -97.6% 29.1% % % % % Management JMT Network Total Reve The Comp increase f percent du 1. 2. 3. For 9-mon increased the Comp other reve Cost of Se The Comp than the 3 quarter

Acquisition. To: The President The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets of Hydrotek Public Company Limited 2. Capital Increase Form (F 53-4) 3. Information

-Translation- No. ECF2 057/2016 August 10, 2017 Subject: Management Discussion and Analysis of the 2nd quarter ended June 30, 2017 To President The Stock Exchange of Thailand East Coast Furnitech

WATTANAPAT HOSPITAL TRANG PUBLIC COMPANY LIMITED No. WPH – SET 4/2017 8 November 2017 Subject : Management Discussion and Analysis for the 9-month period and Quarter 3 of 2017 ending on 30 September

reasons for the decline of cost ratio not only stemmed from the increase of SW income and non-sw income per head but also from the efficient cost management particularly staff cost. Administrative Expenses