May 15, 2020 Ref: SET-2020-010 Re: Management Discussion and Analysis for Quarter 1’ 2020 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company Limited and its subsidiaries

more than 70,000,000 units of warrants to purchase ordinary shares of SHR to the directors, executives, or employees of the Company, the Company's subsidiaries, SHR, and SHR's subsidiaries. Nevertheless

% y-y. In addition, the revenue from overseas subsidiaries grew by 68% y-y as a result of customer increase and product diversification. Details of each business can be described as follows: 2 - Credit

Management’s Discussion and Analysis (MD&A) for year 2017 1 1. Highlights G Steel Public Limited and its Subsidiaries Management’s Discussion and Analysis (MD&A) for year 2017 Unit: million Baht 2017

Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 1 1. Highlights G Steel Public Limited and its Subsidiaries Management’s Discussion and Analysis (MD&A) for year 2017 (Revised

operating results of LH Financial Group Public Company Limited and its subsidiaries performance are the comparative performance of the first quarter of 2018 and the first quarter of 2017; Table: Operating

June 2018: Four additional Projects for Sansiri JV. The Company acquired 50% of the total ordinary shares in 4 subsidiaries of Sansiri Public Company Limited (Sansiri) at a total price of THB 75.5mn. As

as a result of the capital market volatility. Summary of Performance of the Bank and subsidiaries Percentage 4Q17 2017 1Q18 2Q18 3Q18 4Q18 2018 Loan growth 4.8 9.3 5.7 4.3 3.5 3.8 18.5 NPLs/ Total

6,433.99 (338.23) (5.3) Non-controlling Interests - 18.63 (18.63) (100.0) Profit before exchange rate - the Company and subsidiaries 6,095.76 6,452.62 (356.86) (5.5) Gain (loss) on foreign exchange - the

) was 4.93%, increased from 4.51% in 1Q17, ranking 5 th from total 37 brokers. Summary of Performance of the Bank and subsidiaries Percentage 2Q16 1H16 2016 1Q17 2Q17 1H17 Loan growth (0.4) (1.6) (0.8