$(#" !K)O#" ')'#+" (off exchange) KL • (#S#$+].'* %$+M$#"bML")'#+" O%!`*&%\')'#+"#%L (open access) 'P* %$," ()* exchange (direct market access) O* !L regulator #L(.'"," %()*+$.%(.%' trading venues

% Profit (loss) before loss from allowance 149,195 (514,097) 129% 129,365 145,783 -11% margin 7% -21% 8% 9% Profit / (Loss) before interest and taxation (221,748) (2,202,353) 90% (500,440) (1,134,625) 56

% Adjusted EBITDA(1) 254 146 74% 253 0.4% 507 361 40% Adjusted EBITDA Margin (%) 6.5% 4.4% 2.1% 4.8% 1.7% 5.5% 5.9% -0.4% Net Profit -344 -36 856% 239 -244% -105 -16 556% Extra Item(2) - 14 -100% - N/A - 16

-phase1) 2) the increase in the maintenance expenses and 3) the increasing in the direct labor costs. The Gross profit margin of the Group was 50.6% compared to 61.2% of Q1/2019. Aviation Refueling Services

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 12 Executive Summary Growth in both revenue and net profit demonstrates the effectiveness of retail

increased Baht 2,839 million or 134% from Q1/2019. For Q1/2020, the Company’s Adjusted Net Income, which is the net profit excluding the fair value of intangible asset from the acquisition of GLOW was Baht

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2019 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2019 Year 2018 Year 2017 1

profit margin was slightly brought down by 0.9% of gross profit margin due to turnaround costs and the rise of main raw material prices from tight supply plus greater crude oil prices. 2. In Q2 2018

to 28% 2016 2017 % change million Baht million Baht y-on-y Sales and service income 27,747 31,482 13.5% EBITDA 7,494 8,725 16.4% Net profit 2,316 3,594 55.2% Normalized net profit (NNP)* 2,090 2,918

the acquisition of GLOW also contributed to an increase in EBITDA by Baht 751 million. The net profit for the company in Q1/2019 increased by 456 million or 94% from Q4/2018 and by Baht 20 million or 2