คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

26 February 2020 Subject : Management Discussion and Analysis for 2019 To : Director and the President, The stock Exchange of Thailand Yggdrazil Group Public Company Limited (“Company”) would like to

-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

-Translation- No. ECF2 041/2561 12 November 2018 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2018 To President The Stock Exchange of Thailand East Coast

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

* Note Please find further information in the consolidated financial statements. 1 21 February, 2019 Subject: Management Discussion & Analysis (MD&A) for the year 2018 Attention: The President The

-Translation- No. ECF2 057/2016 August 10, 2017 Subject: Management Discussion and Analysis of the 2nd quarter ended June 30, 2017 To President The Stock Exchange of Thailand East Coast Furnitech

* Note Please find further information in the consolidated financial statements. 1 23 February, 2018 Subject: Management Discussion & Analysis (MD&A) for the year 2017 Attention: The President The

-Translation- No. ECF2 010/2019 February 27, 2019 Subject: Management Discussion and Analysis of the year ended December 31, 2018 To President The Stock Exchange of Thailand East Coast Furnitech

-Translated Version- No. ECF2 026/2019 May 15, 2019 Subject: Management Discussion and Analysis of the 1st quarter ended 31 March, 2019 To President The Stock Exchange of Thailand East Coast