No: AH 03112022 November 14th, 2022 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 3rd Quarter of Fiscal Year 2022 Ended as of September 30th, 2022 To: The

quarter from the contraction of the industrial sector that reduced the production of industrial products due to higher production costs, a lower domestic demand and lower demands from trading partners in

Ventures Public Company Limited for the first quarter of 2019 We are pleased to submit: 1. Consolidated and Company only Quarterly Review Financial Statements for the first quarter of 2019 (a copy in Thai

Ventures Public Company Limited for the first quarter of 2019 (Revised) We are pleased to submit: 1. Consolidated and Company only Quarterly Review Financial Statements for the first quarter of 2019 (a copy

second quarter of 2020. The strict lock down policy have been put in place for all countries around the world. All business sectors were impacted during this period, especially tourism sector, resulting

GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2018 Page 1 of 11 Management Discussion and Analysis This interim MD&A report has been prepared based on the

Company | www.shotelsresorts.com Page 3 of 9 Discussion of results of operations: Quarter 4 of 2018 and Quarter 4 of 2019 Quarter 4/2018 Quarter 4/2019 Change THB million % THB million % THB million

for all products. These measures would be effective in the first quarter of 2019. The growth of credit card business and personal loan business in Thailand was still growing strongly despite the

GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2019 Page 1 of 11 Management Discussion and Analysis This interim MD&A report has been prepared based on the

the biodiesel mandated at B7 in this quarter. In addition, the government has announced the various measurements to enhance the consumption of B20, for instance, supporting the use of B20 in public