Management Discussion and Analysis of the Company's operation for the three-month period ended 30 September, 2019 with details as follows: Unit: Million Baht (Unit: Million Baht) Consolidated financial

SUPER: SUPER ENERGY CORPORATION PUBLIC COMPANY LIMITED SWC: SHERWOOD CORPORATION (THAILAND) PUBLIC COMPANY LIMITED TAN: Tanachira Retail Corporation Public Company Limited TBN: TBN Corporation Public

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

for Wastewater Management 3 Gross Profit from Operation excludes Other Revenue from Utilities Business. 4 Other Incomes mainly consists of Gain on exchange rate from USD Loan to related parties at WUPIN

ก! ก ! "#!$ %V กK488UTUKก!ก ก U 6PPY, (Derivatives) 4,48#!$68 8\4ก!!8 !ก! (Efficient portfolio management) *$/ !,ก!!8 ! 6 Kก U$ !,Q 6PPY, (Derivatives) 4,#ก 6Uก"!*ก#" $667 !6\ ก! 5

”) held on April 5, 2019, approved the acquisition of ordinary shares of Universal Waste Management Company Limited (“UWM” or the “Target”), formerly named Asia Recycle Holding Company Limited, by Ferrum

DCORP 041/2020 August 13, 2020 Subject Management Discussion and Analysis – Explanation of net profit for the quarter ended June 30, 2020 and the increase in the overall operations of more than 20 percent