- 1 - AIT (VP-SEC) 005E/2019 February 13, 2020 Subject: Management's Discussion and Analysis of Operating Results for the year 2019 and Q4-2019 To: The President of the Stock Exchange of Thailand

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Transactions and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure and Other Acts of Listed Companies on Connected Transactions, B.E. 2546 (as amended) (the "Connected

, an investment in COMASS by MACO of THB 335mn, an investment in Puncak Berlian Sdn Bhd of THB 106mn and LED billboards and the system upgrade for LCD screens in trains, LCD screens in office buildings

- Translation - Page 1 of 5 CBG 022/2019 8 November 2019 Subject Management discussions and analysis for the 3-month and 9-month period ended 30 September 2019 To President The Stock Exchange of

have impacts in the future, especially a new round of COVID-19 outbreak. The Company has planned to improve the Pop-up store distribution system to have higher adaptability and prepared necessary human

-1- AIT (VP-SEC) 005E/2022 21 February 2022 Subject: Management's Discussion and Analysis of Operating Results for the year 2020 and Q4-2020 To: The President of the Stock Exchange of Thailand

-1- AIT (VP-SEC) 005E/2022 21 February 2022 Subject: Management's Discussion and Analysis of Operating Results for the year 2021 and Q4-2021 To: The President of the Stock Exchange of Thailand

exchange rate was 31.30 THB/USD, stronger than the level 31.62 THB/USD during the same period last year, but weaker than 30.28 THB/USD seen in the previous quarter. The Monetary Policy Committee (MPC

) (84.0) Less: Dividend income 157.8 121.4 36.4 30.0 389.6 442.2 (52.6) (11.9) Interest received 26.2 35.6 (9.4) (26.4) 87.3 127.6 (40.3) (31.6) Gain on foreign exchange (69.6) 42.0 (111.6) (265.8) 65.3