(Translation) May 15, 2019 Ref: SET-2019-008 Re: Management Discussion and Analysis for Quarter 1’ 2019 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company Limited and its

Energy Corporation Public Company Limited, or “The Company”, being a listed company in the Stock Exchange of Thailand; the resolution of the Board of Directors’ Meeting No. 9/2017, held on June 30th of

Padaeng Industry Public Company Limited and its subsidiaries ( “ the Company” ) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To

benefit expenses (4.72) (4.17) (0.55) (113.19) Financial cost (0.32) (0.04) (0.28) (800.00) Share of loss in associates - (12.84) (12.84) - Total expenses (19.16) (91.05) (71.89) (21.04) Profit (Loss

palm oil was surged to 500,000 tons in 3Q2019, resulting in an average of crude palm oil (CPO) and crude palm kernel oil (CPKO) prices decreased from FY2018. Even though, the government has agreed to set

amount 53.68 Million Baht or 47.86%. The profit result in the 3rd quarter of 2017 is amounting 58.49 Million Baht (earning per share 0.09 Baht). And the net profit of the same quarter in 2016 is amounting

amounting 255.65 Million Baht (earning per share 0.39 Baht). And the net profit of 2016 is amounting 337.76 Million Baht (earning per share 0.51 Baht) respectively due to the reason of: 1. The cost of goods

renewable energy business in Malaysia 04/10/2021 07:47 Share acquisition in Visa Max Solar Sp.z. 06/09/2021 07:55 Investment by S.IF. Company Limited in B.Grimm Power (Angthong) 2 Limited and B.Grimm Power

in renewable energy business in Malaysia 04/10/2021 07:47 Share acquisition in Visa Max Solar Sp.z. 06/09/2021 07:55 Investment by S.IF. Company Limited in B.Grimm Power (Angthong) 2 Limited and

424mn, increasing 360% YoY and 2.5% QoQ mainly from recognition of 3BBIF’s share of profit. Finance cost was at Bt2,391mn, increasing 79% YoY, following higher interest-bearing debt from TTTBB acquisition