Exchange of Thailand PACE Development Corporation Public Company Limited (“the Company”) would like to report the operating results for the three-month period ended 30 June 2019. The details are as follows

Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 30 June 2018 As the Golden Lime Public Company Limited (“the Company”) has submitted the Review report on the Consolidated

of the Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 30 September 2018 As the Golden Lime Public Company Limited (“the Company”) has submitted the Review report on the

Outrigger hotel portfolio. Foreign Exchange Gains The Company incurred 152 million Baht mainly due to realized gain on group restructuring. Finance Costs In 2018, the Company incurred 662 million Baht of

คำอธิบายและการวิเคราะห์ของฝ่ายจัดการ 8 November 2019 Re: To clarify the financial statements as of 30 September 2019 To: President The Stock Exchange of Thailand As WHA Corporation Public Company

the resolution of approving the delisting of GLOW’s from being the listed securities on the Stock Exchange of Thailand. The company has informed the Stock Exchange of Thailand (SET) to make a tender

profit (loss) for the period 510.8 719.3 (208.5) (29.0) Plus: Finance Cost 451.9 471.2 (19.3) (4.1) Income tax expenses 104.9 180.3 (75.4) (41.8) Less: Interest received 22.1 27.2 (5.1) (18.7) Gain on

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall

1 No. ACC 2019/004 13 August 2019 Subject : Management Discussion and Analysis for the three-month and six-month period ended 30 June 2019 To : President The Stock Exchange of Thailand Index Living

from continuing operations before finance costs and tax expense 7,598 12.0% 3,590 6.7% 4,008 111.6% Finance costs 292 0.5% 249 0.5% 43 17.3% Profit from continuing operations before tax expense 7,306