. +66-2495-1366 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the third quarter and nine-month ended September 30, 2019 comparing operating

. RESULTS OF OPERATION (Unit : Million Baht) Consolidated Financial Statements 2018 2017 % Change Revenue from Sales and Services 1,708.3 1,633.8 4.6% - Operating Revenue1 1,679.7 1,570.2 7.0% - Other Revenue

below; Fleet Type As of 30 September 2019 As of 30 September 2018 Airbus A320 9 9 Airbus A319 16 15 ATR 72-500 2 6 ATR 72-600 13 9 Total 40 39 One Airbus A319 under operating lease were delivered in

February 17, 2020 To: The President The Stock Exchange of Thailand Re: 2019 operating results We, Delta Electronics (Thailand) Public Company Ltd, would like to report the Company’s 2019 operating

% YoY with a YoY drop in net earnings of 213%, reflecting non-operating items incurred in 3Q16 and 3Q17 performance. For comparative purpose, without non-operating items, such as gain (loss) on exchange

the reviewed Q3/2017 financial statements as of November 30, 2017 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized as follows

Management Discussion & Analysis ( - translation - ) For operating result of 4Q/18, ended 31 December 2018 Raimon Land Public Company Limited | 27 February 2019 1 / 5 Major Events in Q4/18 and

Management Discussion & Analysis ( - translation - ) For operating result of 1Q/19, ended 31 March 2019 Raimon Land Public Company Limited | 9 May 2019 1 / 6 Major Events in Q1/19 and April 2019

esthetics. 2. Overview of operating results in the Quarter 1’2019. From 2018 to the first quarter of 2019, the global economy still has risk factors from international political and economic tensions

Operating Results and Financial Position of the Company and its subsidiary 1.1 Analysis of Overall Operating Results for the Company and its subsidiary for the six-month period ended June 30, 2019 Table 1