39.75 million. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 201# Page 12 4., Analysis of Equity As at September 30, 2018, equity was Baht 59,777.52

P a g e 1 | 7 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets

a comparison between the laws and regulations of Home and Host regulators relating to management of NRI CIS (issued by CIS Operator) 9. A fee of THB100,000 (VAT exclusive) [ ] [ ] - Bank draft

(“Company”), would like to disclose the resolutions of the Board of Directors Meeting No. 4/2019 (“Meeting”), held on 10 April 2019 at 10.00 hrs., where the Meeting has passed the following key resolutions: 1

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Fourth Quarter and the Year Ended 31 December 2017 1. Q4/2017 Highlights Figure 1: Quarterly results

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

1 Forth Smart Service Public Company Limited (FSMART) 3Q19 Management Discussion and Analysis Operational Summary in 3Q19  Net profit was Bt144mn, decreasing 1.1% YoY.  Total revenue from core

sales volume was at a similar level to the previous year. Management Discussion and Analysis of Business Operation for Q3/2019 Bangchak Corporation Plc. I 7 2. Gross profit was recorded at THB 2,447

. On fixed broadband business, AIS Fibre expanded coverage to 50 key cities with a focus on quality. In 2017, AIS continued to focus on subscriber acquisition and recorded 521,200 subscribers at year end

amount of AUD 39.75 million. The details are described in No. 1.3. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 14 4.B Analysis of Equity As at June