transaction on disposition of assets under the Notification of the Capital Market Supervisory Board No. TorJor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of

Sp. z o.o. does not have any relationship with the Company and this transaction is not a connected transaction under the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551 Re

considered as a connected transaction with a value exceeding 0.03% but not more than 3% of net tangible assets (Net Tangible Asset: NTA) according to the consolidated financial statements as at June 30th

relationship with the Company and this transaction is not a connected transaction under the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551 Re: Rules on Connected Transactions and the

the transaction amount Baht 5,500,000 from the purchase 1,000 ordinary shares at 5,500 Baht per share. 3.2 Size of the transaction according to consolidated financial statements of the Company as of

shareholding proportion of the Company will increase from 50.76(*) percent to 54.61 percent of the total voting rights (according to the Notification of the Capital Market Supervisory Board), which is not

Income increased Baht 7.05 million or 9.50% from the corresponding period of the previous year. The operating results of the consolidated financial statement for the 3-month and 6-month period ended June

decrease in liabilities. 5. Comprehensive Income decreased Baht 19.90 million or 19.20% from the corresponding period of the previous year. The operating results of the consolidated financial statement for

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Q1’20 Consolidated Financial Results 12 May 2020 Q1’20 Management Discussion & Analysis Page 1/6 Financial Highlights

target groups of customer. In 2017, the Company started developing premium single house projects. The residential property price in the market at the time had a tendency to rise, especially those located