-9320 1 Ref: PCL 2020/018 November 14, 2020 Subject: Management Discussion and Analysis for the 9-month period ended 30 September 2020 To: The President of the Stock Exchange of Thailand Panjawattana

Discussion and Analysis For the three-month period ended Sepiember 30, 20'19 To: The President, The Stock Exchange of Thailand Home Pottery Public Company Limited ("The Company") would like to submit the

first quarter of 2017.  The increased debt resulted in a decrease of the shareholders’ equity of THB 10,349 million to become minus THB 15,651 million.  In addition, in July 2017 the Board of

those businesses. Furthermore, crowdfunding regulations have recently be enacted in support of new fundraising channel in the wave of global trend whereas private equity trust has been introduced as a

those businesses. Furthermore, crowdfunding regulations have recently be enacted in support of new fundraising channel in the wave of global trend whereas private equity trust has been introduced as a

ย่อย (2) ส่งเสริมการเข้าถึงและสภาพคล่องในตลาดทุน (Boosting Stock Market Access and Liquidity) เสนอให้มีการปรับขั้นตอนการอนุมัติ IPO ให้กระชับขึ้น อำนวยความสะดวกในการเสนอขายหุ้นในตลาดรอง (secondary

Governors of the Stock Exchange of Thailand Re: Disclosure of Information and other Acts of Listed Companies concerning the Acquisition and Disposition of Assets B.E.2547 (2004) on 29th October 2004

with factory building and the Machinery purchase agreement (Additional) Attention President of the Stock Exchange of Thailand According to the Board of Directors Meeting No.10/2020 of UBIS (Asia) Public

Stock Exchange of Thailand on October 17, 2019. The Company currently manages 34 shopping malls with the net leasable area (NLA) of approximately 1.8 mn sqm. At the end of 2019 the average occupancy rate

memorandum on execution of the connected transaction to the Stock Exchange of Thailand, and also seek approval from the Shareholders’ Meeting with the favorable votes of not less than three-fourths of all