expenses 10.14 10.62 11.69 -0.48 -4.52 -1.55 -13.26 31.19 34.46 -3.27 -9.49 Financial Cost 0.25 0.22 0.97 0.03 13.64 -0.72 -74.23 0.70 4.13 -3.43 -83.05 Profit (loss) before income tax expenses -10.83 -14.29

BOD Resolution Ref U. SET 008/2018 14 February 2018 Subject: Summary of Operating Performance and Financial Status for Quarter 4/2017 and for the Year Ended 31 December 2017 To: President The Stock

: Management Discussion and Analysis for the year ended 31 December 2017 To : The President The Stock Exchange of Thailand Summary of the Company’s Financial Position and Operating Result for the year ended 31

Services Company Limited (the “Company”) Board of Meeting No.1/2019 on 26 February 2019, the resolution to certify the Company’s financial statements and performance for the yearly ending 31 December 2018

1 1. ANALYSIS OF FINANCIAL PERFORMANCE For 9M/2017, East Water Group had total consolidated sales and services income of 3,268.14 million Baht, decreased by 64.83 million Baht or 1.95% (Total

of debt in later on its outstanding debts had successfully converted debt-to-equity in 3rd Quarter of 2017. Statement of financial positions  Total assets As of 31 March 2018, the Company has total

and short- term investment amounting to THB 2,694 million, with total liabilities of THB 3,467 million and total equities of THB 9,682 million. In this regard, the Company’s financial position remains

0.11 Financial Policy Ratio1 Total liability-to-equity ratio times 1.43 1.57 2.12 Interest coverage ratio6 times 3.58 5.54 0.37 Debt service coverage ratio (Cash Basis) 7 times 0.07 0.25 (0.02) Dividend

equity 2,643.35 100.00% 2,937.23 100.00% 293.89 11.12% Page 7 of 9 Management Discussion & Analysis Q1/2024 Financial position analysis as of 31 March 2024 Assets As of March 31, 2024, the Company’ s total

which profit attributable to the equity holder of the Company was 710.5 million baht. Earnings per share for this quarter was 0.34 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in the