, Suburb Estate Co., Ltd.). B). The short-term loan is a transaction that has occurred since the acquisition of this company because of the date of the share purchase. The management considers an expected

accounting policy and reclassification  1 Backlog include only sold units with sales and purchase agreements Management Discussion & Analysis ( - translation - ) For operating result of 4Q/2019, ended 31

Resorts, which will become subsidiaries of the Company after the purchase of the equity of the Target Company, enter into Hotel Management Agreements with companies in the Seller Group concerning the

capital) has entered into the Agreement to sell and purchase shares in 12 companies in Germany and Switzerland (“Shares Sale and Purchase Agreement”) with arcona Management GmbH (the “Seller”), total

3.2 (16.7) (35.2) Total Revenue 423.6 100.0 1,462.6 100.0 (1,039.0) (71.0) 1 Backlog include only sale with sales and purchase agreements 2 Calculated from interest bearing debt to equity Management

’ name RAIMON LAND PUBLIC COMPANY LIMITED   Securities Code: RML   2. Date of action resulting in reporting obligation 03/09/2020 (  ) Direct sale/purchase JS ASSET MANAGEMENT PTE. LTD.   (     ) Other

net realizable value, the Company would have posted a net profit of 9.1mn. Losses per share in 1Q18 was THB 0.02. 1 Backlogs are counted only when sale and purchase agreement is signed Management

income, project management fee, interest, and others 2 Backlog include only sold units with sales and purchase agreements Management Discussion and Analysis ( - translation - ) For operating result of 2Q19

purchase agreements Management Discussion and Analysis ( - translation - ) For operating result of 3Q19, ended 30 September 2019 Raimon Land Plc. | 14 November 2019 5 / 7 For 9M19, the Company had gross

314.54 million due to the decrease in Base Availability Credit in 2018 compared to that of 2017, as specified in the Power Purchase Agreement. Management Discussion and Analysis For the Three-month and