Ref. No. IVL 005/11/2019 11 November 2019 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Review of Financial Statements and the Management Discussion and Analysis of

Administrative expenses, impairment finance costs and share of loss from associates 57.53 777.43 37.52 78.22 Doubtful Account 86.50 1,168.92 - - Loss on impairment of goodwill 51.20 691.89 - - Management benefit

- - Doubtful Account 86.97 762.23 - - Impairment of intangible assets - - 16.87 31.69 Loss on impairment of goodwill 51.20 448.73 - - Loss on impairment of investment in associate 1.64 14.37 - - Management

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 2nd quarter ended June 30th, 2019 Management Discussion and Analysis of Business Operation for Q2/2019

Baht. Progress on court’s consideration and legal enforcement of the main debtors 1.1 Media Agency Thai Co., Ltd. is a debtor in the Air Time Management Right Sale Contract. The debtor failed to follow

จบัุน (ขอมูลขั้นต่ําท่ีกําหนดในมาตรา 69 และ70) I. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS A. Directors and Senior Management ม.69 (8) ผูบริหารและผูถือหุนรายใหญของบริษัทท่ีออก หลักทรัพย

”). The details of the Transaction are as follows; 1. Acquisition of NEXT Ordinary Shares from the Seller The Company shall acquire 4,750,000 shares at par value of 10 Baht per share, equivalent to 100.00

“Transaction”). The details of the Transaction are as follows; 1. Acquisition of NEXT Ordinary Shares from the Seller The Company shall acquire 4,750,000 shares at par value of 10 Baht per share, equivalent to

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

increased by Baht 11.24 million or an increase of 2.73 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as attached herewith. Please be informed