) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 *Other was the translation adjustments LIABILITIES AND SHAREHOLDERS’ EQUITY LIABILITIES AND EQUITY BREAKDOWN 31 DECEMBER 2017 30 JUNE 2018

: million Baht 30-Jun-20 31-Dec-19 Total Assets 25,964 26,400 Total Liabilities 10,049 9,219 Total Equity 6,204 7,014 Minority 9,711 10,168 Gr ou p Gr ou p HR C Gr ou p Management Discussion and Analysis

fund and private fund management fee from Solaris Asset Management Company Limited (“Solaris”) decreased.  The Company recognized share of loss from associated companies under equity method of Baht 5.02

-Translation- No. ECF2 005/2018 February 28, 2018 Subject: Management Discussion and Analysis of the year ended December 31, 2017 To President The Stock Exchange of Thailand East Coast Furnitech

87.3 12,278.6 86.9 (2,244.5) (15.5) Revenues from project management 1,225.9 7.4 918.9 6.5 (307.0) (25.0) Dividend income - - 0.2 0.0 0.2 100.0 Gain from transfer of right for land purchase and sale

company has a debt to equity ratio of 2.59 times while the ratio of debt bearing interest to equity is 1.95 times. Please be informed accordingly. Management Discussion and Analysis Q2/2020 Page 6/6 Yours

Management Discussion and Analysis, Q3/2019 Page1/4 JMT Network Services PLC Ref: IR6/012 13 November 2019 Subject: Management Discussion and Analysis, 3nd Quarter Ending 30 September 2019 To

------------------------- Securities Issuance and Takeover Asset Management Securities Brokerage/Dealer/Underwriter and Financial Advisors Marketing IP/FG Ombudsmen Private Fund Marketing Representative (PF) Accountants and Auditors

ที่ FPI Ref. FPI.002/2019 21 February 2019 Subject : Management Discussion & Analysis of Performance Results Of the Year Ended 31 December 2018 To : Board of Directors and President of The Stock

Management Discussion and Analysis for Interim Business Operation ( Revised ) Financial Performance for the year ended Sebtember 30, 2019 (Unit : Millon Bath) 2019 2019 Inc/(Dec) % Construction