320mTHB purchase of Saraburi Quicklime in 2018. Removing this one off impact we are inline. Investments in capital expenditure have also reduced significantly in stay in business as 30% of the investment is

the previous quarter. The main supporting factors were the return-to-expansion of export goods, private investment as well as a continual expansion of government expenditure. Meanwhile, the new wave of

expenditures are at a high level. The government's capital expenditure expanded mainly in line with the disbursement of transport agencies. However, the overall performance of the company in Q2–2021 showed that

that bolstered purchasing power. Government expenditure also plays important role in sustaining the economy with fixed expenses continuing to expand in comparison to the same period last year, especially

increase in the first quarter more than offsetting the abovementioned. For the 12 months ended 31 December 2018, capital expenditure for U City was THB 1,480mn, an increase of 190.2% or THB 970mn, primarily

considerably low at 0.27 time, slightly decreased from 0.30 time in 2017. In summary, the Company had appropriate capital structure. Capital Expenditure and Capital Resource In 2018, the Company made an

decreased from 0.27 time in 2018. In summary, the Company had appropriate capital structure. GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 9 of 14 Capital Expenditure

) Interest Coverage = (Cash Flow from Operations + Interest Expenses + Tax) / Interest Expenses 22) Debt Service Coverage = EBITDA / (Debt Payment + Capital Expenditure + Investment in Fixed Assets + Dividend

Nation Multimedia Group Public Co., Ltd. 1858/121-122, 1858/125-128 28th, 30th, 31st Floor, Debaratna Road, Bangna-Tai Sub-District, Bangna District, Bangkok 10260 Tel: 0-2-338-3333 Call Center: 0-2338-3000 Fax: 0-2338-3334 www.nationgroup.com 25 May 2020 Subject : Notification on Resolution of the Board of Directors’ Meeting No. 6/2020, Change of Directors and Directors’ Power, Entering into Disposal of Assets Transaction, and Acquisition of Assets Transaction To : Director and Manager The Stoc...

.) Government spending and investment in infrastructure despite a lower rate of growth due to the delay of government establishing and pending promulgation of 2020 capital expenditure 3.) growth in private