1 / 5 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year at the end of 31 December 2018

and equipment sourcing and import. Analysis of Financial Performance Revenues Business categories Operated by For the three-month period ended 31 March Changes Increase (Decrease) 2018 2017 THB mm % THB

Page 1 of 4 No. RJH – SET 16/2019 11 November 2019 Subject : Management’s Discussion and Analysis for the 3rd Quarter of 2019 To : The President The Stock Exchange of Thailand Rajthanee Hospital

Analysis (Unit: Thousand Baht) Items 30 December 2019 31 December 2018 Increase (Decrease) % Net Assets 5,890,353 6,724,090 (833,737) (12.40) Net Liabilities 2,076,683 2,078,079 (1,396) (0.07) Shareholders

(S) PTE. Limited. at the amount of Baht 8.73 million. 2. Financial Analysis (Unit: Million Baht) Items 31 March 2019 31 December 2018 Increase (Decrease) % Net Assets 5,962.34 5,885.03 77.31 1.31 Net

Acquisition of Assets and the Connected Transaction 2. Information Memorandum regarding the offering of the newly issued ordinary shares to specific investors (Private Placement) 3. Capital Increase Report Form

and Analysis for 2018 To : Director and the President The Stock Exchange of Thailand Summary of the Company’s Financial Position and Operating Result for the 3 and 9 month period ended 30 Sep. 2018

-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

Discussion and Analysis for the Second Quarter of 2019 To: The President The Stock Exchange of Thailand Seven Utilities and Power Public Company Limited (“the Company”) would like to report the operating

No. 256111002 14 November 2018 Subject: Management Discussion and Analysis for the third quarter ended 30 September 2018 To: President The Stock Exchange of Thailand M Vision Public Company Limited