Management Discussion and Analysis For the Annual Operating Results 2017 Ended December 31, 2017 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the vision

consultancy services regarding waste management engineering (“Entire Business Transfer Plan”). Therefore, the Company shall purchase and accept a transfer of SUTGH’s entire business, which are all assets and

services regarding waste management engineering (“Entire Business Transfer Plan”). Therefore, the Company shall purchase and accept a transfer of SUTGH’s entire business, which are all assets and debts

Microsoft Word - MD฿A ประจำปี 2560_E 1 -1- Management Discussion and Analysis for the Year 2017 1. Operating Results (Company and Subsidiaries) Consolidated revenue for the twelve months of year 2017

Page 1 of 4 GEL.CS.006/2562 14 November 2019 Subject: Management Discussion and Financial Analysis for the operating results of the third quarter of 2019, ended September 30, 2019 To: Director and

modules of a software system 4. User Acceptance Test (UAT) Project Grand Total Related company name Paid Up Capital No. of shares Name of connected persons Share (s) in related company % of share in AEONTS

(130.08) (100.22) 30.86 30.79% 5 Finance costs (14.29) (9.86) 4.43 44.93% 6 Share of profit (loss) of associates - (20.68) (20.68) (100.00%) Profit before income tax 43.35 28.22 15.13 53.61% Income tax

47.02% shareholding in CCET Value of transaction (Remained No Change) CCPH to acquire KPPH’s 100% shareholding by issue new ordinary shares at exchange ratio of 1 : 5.5 (1 CCPH ordinary share for 5.5 KPPH

TACC-003/2020 February 20, 2020 Subject: Management Discussion and Analysis for the year ended December 31, 2018 To: President The Stock Exchange of Thailand T.A.C. Consumer Public Company Limited

หนังสือแสดงการรับทราบความผิด 27 February 2020 Subject : Management Discussion and Analysis of the year ended 31 December 2019 Attn. : Director and Manager The Stock Exchange of Thailand Encls. : A