Dusit Thani PLC Management Discussion and Analysis For 1Q19 P a g e | 1 Executive Summary In 1Q19, the Company reported net profit of THB 1 million, a decrease of 99.6% from the same period last year

6 / 7 In 4Q/2019 3-month period, the Company had financial cost of THB 46.9mn, a slightly decrease of THB 0.4mn, or 0.8% YoY from THB 47.3mn in 4Q/2018 due to the loan for the Lofts Asoke project had

subsidiaries 15.03 22.60 -7.57 -33.5% 12.40 40.13 -27.73 -69.1% For the period of 1st half year ended 30th Sept 2019, the Company and its subsidiaries reported operating profit of Baht 22.09 million, a decrease

Performance For the period of the first three months ended 30 June 2020, the Company and its subsidiaries recorded a net loss for the company and its subsidiary in the amount of -2.63 million baht, a decrease

2017 onwards so decrease in sale quantity but increase in tolling quantity in these period. Total revenue from sales and services of the Company and subsidiary amounted to Baht 8,148 million, increased

the completion of the IPO and the listing of EP shares on the SET, the dilution to the EPS or voting rights of the Company in EP will decrease approximately 15 per cent (English Translation) Page 10 of

the period specified by the laws, the Company shall decrease its paid-up capital by way of canceling the listed shares which cannot be disposed of. The buyback of shares, the disposal of the shares

Exchange of Thailand CH. Karnchang Public Company Limited hereby informs the resolutions of the Board of Directors’ Meeting No. 1/2019 which was held on February 28, 2019 as follows: 1. Resolved to approve

Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corporation Public Company Limited 2. Information Memorandum on the Acquisition of Assets (Schedule 1) of

| 4 Education business The Company reported revenue from education business of Baht 91 million in 3Q19, decreased by 7.1% and Baht 286 million in 9M19, decreased by 5%. The reasons of decrease were from