www.aapico.com บริษัท อาปโก ไฮเทค จํากัด (มหาชน) AAPICO HITECH PUBLIC COMPANY LIMITED Ref No: AH 03082019 August 14, 2019 Subject: Management Discussion & Analysis (MD&A) for the financial statements of the 2nd

Management Discussion & Analysis( - translation - ) For operating result of 1Q18,ending 31 March2018 Raimon Land Public Company Limited| 14May2018 1 / 5 Major Eventsin 1Q18 and April 2018 February

1 Ref. FN. 033/2018 Management Discussion and Analysis For operation of the second quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Ref. FN. 075/2018 Management Discussion and Analysis For operation of the third quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

1 Ref FN. 023/2020 Management Discussion and Analysis For operation of the first quarter of year 2020 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

1 Ref FN. 047/2019 Management Discussion and Analysis For operation of the third quarter of year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

No: AH 03052021 May 17, 2021 Subject: Management Discussion & Analysis (MD&A) for the financial statements of the 1st quarter of fiscal year 2021 ended as of March 31, 2021 To: The President The Stock

votes cast by the shareholders present and eligible to vote; however, there must be no objection by any shareholders holding in aggregate of more than 10 percent of the total votes of shareholders present

) Size of Transaction (Present) Size of Transaction : Interest amount 10.50 Million Baht or 0.21 % of the net tangible assets. 5.3) Size of Transaction : Size of the transaction equal to 0.93 % of the net

(23.69) (200.94) (35.79) (124.74) 1. The Consolidated and the separated statements present the amount of employee benefits expenses of Baht 874.70 million and Baht 841.15 million respectively. The expenses