Earth Tech Environment Public Company Limited Page 1 17th August 2020 Subject Management Discussion and Analysis Financial Performance for the quarter ended 30th June 2020 To President The Stock

Real Estate s.r.o. (“VBRE”) (the Company’s newly established subsidiary in which the Company indirectly holds 100% of the total issued shares through Lombard Estate Holdings Limited, the Company’s

serviceability of SMEs, maturity mismatches among businesses, particularly in the real estate sector, and the search-for-yield behavior in the prolonged period of low interest rates that could lead to the

: ESSO (THAILAND) PUBLIC COMPANY LIMITED ESTAR: EASTERN STAR REAL ESTATE PUBLIC COMPANY LIMITED ETC: EARTH TECH ENVIRONMENT PUBLIC COMPANY LIMITED ETE: EASTERN TECHNICAL ENGINEERING PUBLIC COMPANY LIMITED

leader in real estate development in Malaysia, have jointly developed Central i-City, through 60% and 40% investment proportions respectively, as the destination of new and immersive experiences with a

COMPANY LIMITED ERW: THE ERAWAN GROUP PUBLIC COMPANY LIMITED ESTAR: EASTERN STAR REAL ESTATE PUBLIC COMPANY LIMITED ETC: EARTH TECH ENVIRONMENT PUBLIC COMPANY LIMITED ETE: EASTERN TECHNICAL ENGINEERING

considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. Along with this, we have prioritized

and environment – under good corporate governance, appropriate risk management and effective cost management. Prioritizing the development of technological solutions with the aim of becoming “Customers

Justification_E_4-62 NO. AC. 01/2020 28 February 2020 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M. K. Real Estate

ENVIRONMENT PUBLIC COMPANY ... EASON & CO PUBLIC COMPANY LIMITED EAST COAST FURNITECH PUBLIC COMPANY LI... EASTERN COMMERCIAL LEASING PUBLIC COMP... EASTERN ENERGY PLUS COMPANY LIMITED EASTERN POLYMER GROUP