MDA_E_FY16 Management’s Discussion and Analysis FY2016 ended February 28, 2017 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) already submitted the audited financial statements

: Management’s Discussion and Analysis for 3rd quarter ended as of September 30, 2017 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the company and

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12 months of net profit criteria, the size of transaction would be equal to 10.28%, thus, such disposal would be required to report to the SET as specified in the Acquisition or Disposal Notification

Bangkok Commercial Asset Management Public Company Limited Page 1 13 December 2019 Subject Management Discussion and Analysis for nine-month period ended 30 September 2019 To The President The Stock

ัง้แรก (“IPO”) ตลำดรอง: SET mai หมวดธุรกจิ (sector): ……………………………………… เกณฑเ์ขำ้จดทะเบยีน: profit test market capitalization test (ในกรณีทีบ่รษัิทจะเขา้จดทะเบยีนในตลาดหลกัทรัพยฯ์ ดว้ยเกณฑ ์market

Management Discussion and Analysis for the Year 2019 1. Operating Results (Company and Subsidiaries) Consolidated revenue for year ended 2019 of both treatment of industrial waste business division

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