(“ACS Capital”) Agreement period is effective from September 1, 2019. Contractual parties with AEON Thana Sinsap (Thailand) Plc. (“AEONTS”) and its subsidiaries companies: Company Business Relationship

attributable to equity holders of the parent company of 1,044.79 million Baht, decreased by 72.73 million Baht or 6.51%. ง Income statement (Million Baht) For the three-month period Year 2019 Year 2018 YOY % Q4

  JAS Asset’s Management Discussion and Analysis for FS2018 Page1

510.9% comparing to the same period last year. Fee from Asset Management business for the first half of 2017 totaled Baht 216 million, also increased 35.8%, while brokerage fee declined 22.4% yoy. Total

510.9% comparing to the same period last year. Fee from Asset Management business for the first half of 2017 totaled Baht 216 million, also increased 35.8%, while brokerage fee declined 22.4% yoy. Total

Sodthibhapkul, Authorized Director, as an “Executive Director” of the Company for the period November 2019 - October 2020 (under a Co-Management Contract pursuant to the SEC Notification topic Approval of Co

for the period November 2018 - October 2019 (under a Co-Management Contract pursuant to the SEC Notification topic Approval of Co-Management Contract of Securities Company No. Or Thor/Nor 9/2541). 1.2

Liabilities 18,566 21,747 Total Equity 13,341 10,868 Average selling price of hot-rolled coil for the 3rd quarter in 2017 increase around 15.27% comparing with the same period last year together with the well

approved under Chapter 1 or Chapter 2, who is an employee or a staff of the appraisal company in capital market and is not in suspending period of being lead appraiser ordered by the SEC Office or the

approximately THB 2,038.38 million, increased by THB 582.29 million from the same period last year. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2020 Page 8 of 14 For