(revised) Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the First Quarter ended 31 March 2019 1. Q1/2019 Highlights Figure 1: Quarterly results  Thai

, slowdown in Thai exports from the weakening global economy has more possibilities which is a factor that dragged down the expansion of the Thai economy, Stability of political groups. As a result, investment

performance of Thai Economy in Q2/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai economy that led to; 1. Increase in Company’s revenue around 93.02 million baht or 6.92

of last year. Revenue from sales of first half on 2018 decreased 0.25 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF incoterm increased from first half on

of Thai Economy in Q3/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai economy that led to; 1. Increase in Company’s revenue around 92.48 million baht or 7.06

Ethan Frome บริษทั ลากูน่า รีสอรท์ แอนด ์โฮเท็ล จ ากดั (มหาชน) LAGUNA RESORTS & HOTELS PUBLIC COMPANY LIMITED 21/17B, 21/17C, 21/65, 21/66 and 21/68, Thai Wah Tower I, 7 th , 22 nd and 24 th Floor

percent from the same period of last year. Revenue from sales of nine-month on 2018 slightly increased 3.54 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF

per Share (Baht) 0.52 0.53 0.39 0.35 2.12 1.79 -15.38% Performance Report Better performance of Thai Economy in FY2018 pushed forward the market’s growth in every aspect, as well as growth of Thai

the previous Quarterly To: The President The Stock Exchange of Thailand At present, the Thai economy and other countries in the world, there are clear direction of growth in the downtrend. The rate of

Chaimaimaruchet Room, Royal Thai Army Club, Vibhavadi Rangsit Road, Samsen Nai Subdistrict, Phaya Thai District, Bangkok 10400. Due to the latest pandemic situation of COVID-19 and the Bangkok Metropolitan