7 August 2019 Subject: Management Discussion and Analysis for the Quarter 2 Ending 30 June 2019 Attention: President Stock Exchange of Thailand Please find below the additional information supporting

: BC.017/2018 May 11, 2018 Subject Interim Management’s Discussion and Analysis for the three months ended March 31, 2018 To The President The Stock Exchange of Thailand Management Discussion and

November 9, 2018 Subject : Management Discussion and Analysis for nine-months and 3rd quarter ended September 30, 2018 Attention : President The Stock Exchange of Thailand 1. Operating Performance

-month period ended September 30, 2018 To The President The Stock Exchange of Thailand Management Discussion and Analysis Consolidated Financial Statements For the nine-month period ended September 30

7th November 2019 Subject: Management Discussion and Analysis for the Quarter 3 Ending 30th September 2019 Attention: President Stock Exchange of Thailand Please find below the additional information

Samutprakarn, Samutprakarn 10280, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 Translation 14th August 2020 Subject: Management Discussion and Analysis (MD&A) of Q2/2020, ended 30th June 2020 To: Director

American continent and create opportunity for more income in the long term 3. To gain access to new manufacturing technologies, which will give the company an advantage in developing its products in the

Public Company Limited, VGI recognised net gain from extraordinary items of THB 143mn  Net profit margin reaching 35.6%, while operating profit margin was 32.0% in 2019/20. KEY BUSINESS AND STRATEGIC

) Including Gain/(Loss) from FX and Derivatives (2) Extra items were the item from raw material derogation and tax income from deferred tax assets. Global Green Chemicals Public Company Limited Management

realized in 1Q2020 representing THB 423m gain from selling share of SHR’s subsidiary together with THB 115m gain from conversion of option. Page 10 of 11 Singha Estate Public Company Limited Management