cannot undertake any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. ------------------------------- Notification of the Office of the

undertake any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. ------------------------------- Notification of the Office of the Securities and

. The SEC, Thailand cannot undertake any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. ------------------------------- Notification of the

แบบแสดงรายการข้อมูลสำหรับการเสนอขายหลักทรัพย์ Ratchthani Leasing Public Company Limited July 18, 2018 Subject : Management Discussion and Analysis For the second quarter ended 30 June 2018

แบบแสดงรายการข้อมูลสำหรับการเสนอขายหลักทรัพย์ Ratchthani Leasing Public Company Limited August 14, 2018 Subject : Management Discussion and Analysis For the second quarter ended 30 June 2018

President The Stock Exchange of Thailand The Company wishes to present the Management Discussion & Analysis (MD&A) on the operating and financial status for the 3rd quarter of 2019. The MD&A would enable the

Million Baht 2020 2019 Sales 1,879.42 1,748.29 Cost of Sales 1,570.97 1,636.11 Gross Margin 308.45 112.18 Gain (loss) on exchange rates 101.34 38.44 Other Incomes 10.12 33.76 Total Revenues 1,990.88

% 2,327 23.2% Profit (loss) attributable to Owners of the parent 10,633 4.8% 10,931 5.3% (298) (2.7%) Central Retail Corporation Public Company Limited Page 5 Year Ended December 31, 2019 Year Ended

Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2018 Page 5 of 13 Share of Loss from Associated Companies The consolidated share of loss from associated companies

million was mainly a result of loss from foreign exchange rate. However the company has manage the risk from foreign exchange rate by submit the request to the bank for increase the limit the fix forward