(Translation) NEP-AC 003/2562 14 August 2019 Subject: Management Discussion and Analysis for Q2 ended of 30 June 2019 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4

Management Discussion and Analysis For six-month period ended June 30, 2020 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd., Silom, Bangrak, Bangkok 10500 Thailand Tel: 0

Microsoft Word - UPF61MD&A-E.doc ( Translation ) 25th February 2019 Subject: Management Discussion and Analysis (MD&A) for the year ends on 31st December 2018 To: Managing Director of the Stock

Microsoft Word - el303e Date : February 27, 2020 Subject : Management Discussion and Analysis for the year ended December 31, 2019 To : Managing Director The Stock Exchange of Thailand Kuang Pei San

Public Company Limited 1 | P a g e August 14, 2019 Subject: Management discussion and analysis of the operating results for the quarter 2/2019 Attn: President The Stock Exchange of Thailand Please find the

Management Discussion and Analysis For the first quarter ended March 31, 2020 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd., Silom, Bangrak, Bangkok 10500 Thailand Tel 0

to perform any disclosure under the obligation of such Notification 1.2.2 The above-mentioned asset acquisition is not classified as connected transaction under Notification of the Capital Market

Page 1 of 4 No. RJH – SET 14/2017 10 November 2017 Subject : Management Discussion and Analysis for the 3rd Quarter of 2017 ending 30 September 2017 To : The President The Stock Exchange of Thailand

office space lease agreement with PA Management and Consultant Company Limited (“PAM”), The term of the contract is 6 months from November 24, 2017 to May 23, 2018. Compensation to be paid up until the