August 11, 2020 Subject : Management Discussion and Analysis for Six-month and 2nd quarter ended June 30, 2020 Attention : President The Stock Exchange of Thailand Operating Performance 1. Revenues

ended 31 March 2020, compared to the same period of the previous year as follows Company performance For the period ended March 31, 2020 Million Baht Consolidation method The Company Q1’2020 Q1’2019

in order to add value to businesses and enhance benefits for the public in line with the SEC vision to build a sustainable capital market for all, ? added SEC Chief.  SET President Kesara Manchusree

& Senior Vice President Nawarat Patanakarn Public Company Limited (Translation) NAWARAT PATANAKARN PUBLIC COMPANY LIMITED SUMMARY OF FINANCIAL POSITION AND PERFORMANCE FOR THE PERIOD OF ONE THREE MONTHS

performance of E for L Aim Public Company Limited (“EFORL” or “the Company”) and its subsidiaries (collectively as “the Companies”) for the year ended 31 December 2018 Financial performances Comparison is as

LIMITED (“the Company”) would like to provide an explanation regarding our financial performance for the year ended 31 December 2020 as follows: Financial Performance Millions of THB % Millions of THB

performance in 2nd quarter and 6-month period, its cost of services amounted to Baht 21.3 million and Baht 45.4 million, a rise of 12.4% and 20.5% whereas its selling & administrative expenses enlarged at

an improved performance of the Company’s investments. 2.Expenses 2.1 Employee benefits expenses The Company’s employee benefits expenses in 2Q2018 were Baht 270 million, an increase of 22% from 2Q2017

financial instruments in 3Q2018 were Baht 464 million, an increase of 45% from 3Q2017, due to an improved performance of the Company’s wide range of investments. 2.Expenses 2.1 Employee benefits expenses The

LIMITED (“the Company”) would like to provide an explanation regarding our financial performance for the 3-months period ended 31 March 2020 as follows: Financial Performance Millions of THB % Millions of