Management Discussion and Analysis 1 Ref: AC.017/2020 18 May 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange

Contract Manufacturing Business (CMG) sales increased 7% YoY. 9M/2019 Sales Revenue The Company and its subsidiaries recorded sales revenue of Baht 3,741 million, a decrease of 4% YoY, mainly due to

3344 Fax. 66 2 654 3323 No. PACE IR2018/013 Date: 15 May 2018 Subject: Explanation of the Operating Results for the three-month period ended 31 March 2018 changing over 20% To: The President The Stock

increase of 23.5% YoY.  Revenue from Out-of-Home business increased 2.0% YoY to THB 909mn.  Revenue from Digital services business increased 243.6% YoY to THB 299mn.  Net profit was THB 260mn, an increase

Analysis Q2/2020 IR63/013 13 August 2020 Subject Management Discussion and Analysis for the second quarter ended 30 June 2020 Attention President The Stock Exchange of Thailand According to the resolution of

- Translation - Page 1 of 11 CBG 008/2018 21 February 2018 Subject Management discussions and analysis for the year ending 31 December 2017 To President The Stock Exchange of Thailand We, Carabao

of Governors of the Stock Exchange of Thailand Reference is made to the resolutions of the Board of Directors’ Meeting No. 6/2018 of Master Ad Public Company Limited (the “Company”), held on May 17

-1 1 Ref. LPN/SorKor/119/2563 7th May 2020 Re: Financial Statements Analysis Report Q1/2020 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co.,Ltd. would like to submit the

-1 1 Ref. LPN/SorKor/098/2564 6th May 2021 Re: Financial Statements Analysis Report Q1/2021 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co.,Ltd. would like to submit the

with nearly 100mn2 population in 2019. VGIMS planned to invest 25.0% in VGI Vietnam Joint Stock Company (“VGI Vietnam”) with a total investment of VND 347.7bn or an equivalent of THB 457mn3.  During 1Q