materials Copper, Copper Foil, Laminate and Fiberglass, as well as the appreciation of the THB. Despite the increase in raw material prices and the THB’s strengthening, an increase in capacity and efficiency

No. CAZ 007/2019 15 May 2019 Subject: Management Discussion and Analysis 1st Quarter ended 31 March 2019 Attention: The President The Stock Exchange of Thailand CAZ (Thailand) Public Company Limited

sales was better from the same period of last year due to higher sales growth resulting in lower waste and ability to control key raw materials’ price. Selling Expenses Selling expenses of Q3’2018-2019

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1 Translation CEN 001-2021 March 1, 2021 Subject Management Discussion and Analysis for the year 2020 To The Manager and President The Stock Exchange of Thailand Capital Engineering Network Public

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formulas, Production procedures and techniques, Production chart, Tool Standard, Standards of raw materials, Experimental analysis and control, Procedures and methods, Factory layout design, Equipment design

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