/ Chief Executive Office 5. Mr.Apivut Thongkam Independent Director and Chairman of the Audit Committee 6. Mr.Chaiyasit Puvapiromquan Independent Director and Member of the Audit Committee 7. Mr. Thanachai

: World Steel Association Source: World Steel Association Such the situation showed that global crude steel production continues to increase and was moving in line with the world economy which related to

Outlook Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 5 Source: World Steel Association Source: World Steel Association Such the situation showed that global crude steel production

situation, the Global Green Chemical Public Limited (“GGC” or “the company”) operated at a full capacity, which resulted to methyl ester sales volume in FY2018 of 374,922 tons, whereby increased from methyl

can be adjusted depending on changes of future situation. GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 10 of 14 Management Discussion & Analysis Summary of

situation of these 2 areas. Revenue of Dusit Thani Bangkok decreased from news of closing the hotel even there was special event from Miss Universe. - Revenue from Overseas Owned Hotels increased by 4.9% yoy

year for the next 3-5 years. However, this expansion plan can be adjusted depending on changes of future situation. GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page

MD&A may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this information for any purpose. For

PEA tariff of which Ft is a major component. With situation of a stable gas price this year if Ft trends is continuous to increase, it would be favorable to our operating margin, i.e. electricity sales

(MD&A) For Q3/2017 7 Chart of world crude steel production monthly, ending 30 September 2017 Source: World Steel Association Such the situation showed that global crude steel production continues to