Mall Public Company Limited (the “Company”) would like to submit management’s discussion and analysis for its result of operations from the consolidated financial statements for the three-month and six

(1,159.6) (21.5)% Total Operating Expenses 3,887.7 4,808.5 (920.8) (19.1)% Profit (Loss) 236.8 431.1 (194.3) (45.1)% For the Company’s operation results in 2018, the total revenue and net profit decreased

., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกัด (มหำชน) AI Energy Public Company Limited. AIE 207/2017 November 14, 2017 Subject

., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited. AIE 207/2017 November 14, 2017 Subject

year’s consulting service fee for acquiring subsidiary company was at Baht 1.2 million and so this year had no this expenses items and 3) last year’s loss on exchange rate was at Baht 1.1 million and so

, Tambol Ban Lane, Amphur Bangpa-in, Ayuthaya Province 13160, Thailand Tel (035) 350 880 Fax (035) 350 881 Website: www.aapico.com บริษัท อาปิโก ไฮเทค จํากดั (มหาชน) AAPICO HITECH PUBLIC COMPANY LIMITED

Thailand According to the resolution of the Board of Directors Meeting of JAS Asset Public Company Limited ("the Company") No. 1/2020, held on 25 February 2020, had approved the audited financial statements

INDORAMA VENTURES PUBLIC COMPANY LIMITED 75/102 Ocean Tower 2, 37th Floor, Asoke Road, Klongtoey Nuer, Wattana, Bangkok 10110, Thailand Tel. 02-661-6661 Fax. 02-661-6664 www.indoramaventures.com 1

11 Management Discussion and Analysis Fiscal year ended February 28, 2019 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) already submitted the audited financial statements for

) ** Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 6M’18 6M’19 change Q2’18 Q1’19