Analysis (MD&A) For Q1/2018 8 Table: The production and the domestic demand of Finished Steel in Q1 2017 and 2018 Total Apparent Finished Steel (Unit : Tons) Quarter 1/2017 Quarter 1/2018 % Change Production

previous year. Management’s Discussion and Analysis (MD&A) For Q2/2018 8 Table: The production and the domestic demand of Finished Steel in Jan - Jun 2017 and 2018 Total Apparent Finished Steel (Unit : Tons

increasing compared to the previous year. Table: The production and the domestic demand of Finished Steel for 2017 and 2018 Total Apparent Finished Steel (Unit : Tons) 2017 2018 % Change Production 6,875,446

2018 Total Apparent Finished Steel (Unit : Tons) 2017 2018 % Change Production 6,875,446 7,106,526 3.36% Import 11,325,592 12,051,411 6.41% Export 1,553,242 1,713,317 10.31% Consumption 16,647,796

decreasing compared to the previous year. Management’s Discussion and Analysis (MD&A) for year 2017 9 Table : The production and the domestic demand of Finished Steel in 2016 and 2017 Total Apparent Finished

: The production and the domestic demand of Finished Steel in 2016 and 2017 Total Apparent Finished Steel (Unit : Tons) 2016 2017 % Change Production 7,957,351 6,865,628 -13.72% Import 12,614,629

which decreasing compared to the same period of previous year. Table: The production and the domestic demand of Finished Steel in Jan - Jun 2018 and 2019 Total Apparent Finished Steel (Unit : Tons) Jan

from the demand of Coated Galvanized steel which increasing compared to the same period of previous year. Table: The production and the domestic demand of Finished Steel in Q1 2019 and 2020 Total

company, according to transaction details as follows: (1) Transaction date : Within November, 2017 (2) Transaction parties involved Purchasing party : Thai Wacoal Plc. Selling party : Total 12 non-connected

year. Management’s Discussion and Analysis (MD&A) For Q3/2017 8 The production and the domestic demand of Finished Steel in Q3 2016 and 2017 Total Apparent Finished Steel (Unit : Tons) Quarter 3/2016