Page 1 No. VRS_11/2562 Date 14 August 2019 Subject: Management Discussion and Analysis for the quarter ended 30 June 2019 To Director and Manger The Stock Exchange of Thailand Veranda Resort Public

www.aapico.com บริษัท อาปโก ไฮเทค จํากัด (มหาชน) AAPICO HITECH PUBLIC COMPANY LIMITED Ref No: AH 03082019 August 14, 2019 Subject: Management Discussion & Analysis (MD&A) for the financial statements of the 2nd

The Stock Exchange of Thailand The Board of Director’s meeting No. 6/2019 of General Engineering Public Company Limited (“the Company”) held on August 14, 2019 has approved and verified the financial

. After IPO fund raising, the Company has no financing project as we have ample funds for a working capital and other investment plans. Please be informed accordingly, Yours sincerely, Mr. Soontorn Dentham

settled such provision in the second quarter of 2017. No more of such expense incurred in the current period. Finance Expense For the first quarter of 2018, the Company had finance expense in total of THB

expenses of Baht 25 million and the selling expenses to revenue from main business ratio is 1%. There is no significant change in selling expenses and selling expenses to revenue from main business ratio

Resolution of the Board of Directors’ Meeting of Electronic Industry Public Company Limited (“Company”) No. 4/2018 held on May 15, 2018 which approved the financial statements and results of operations of the

U City Public Company Limited (Registration No. 0107537000459) 21 TST Tower Soi Choei Phuang, Viphavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand T: +66.2273.8838 F: +66.2273.8858

by Baht 8 .39 million; this mainly comes from 1 .The group recovered bad debt in 2017 of Baht 3.62 million which leads to expense decreasing in 2017. However, there is no recovered bad debt in 2018. 2

water business and electricity production business. Therefore, there was no similar type of business in the industry that can be used as a benchmark for comparison. Not include transaction related to the