PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2018 3 4. SIGNIFICANT EVENTS (Cont.) 24 August 2018, EASTW and Gulf PD Co., Ltd. (Subsidiary of GULF) signed clarified water sales

another record quarter that makes 14 consecutive quarters of core EPS growth on a Last Twelve Month (LTM) basis.  Core EBITDA 2Q17 up 9% and LTM 2Q17 up 33%  Core EBIT (Operating Profit) up 14% in 2Q17

cannot generate revenue immediately; some investments are not fully utilized or have not reached an optimal level yet; and some projects are delayed. Thus, costs per unit climbed up at this point; 4

Extraordinary General Meeting of Shareholders No. 2/2019 to consider and approve the issuance and offering of up to 1,080,000,000 newly issued ordinary shares, with a par value of THB 0.10 per share, to PLANB at

be subject to lock-up period for 3 years. Nevertheless, the Seller have the right to sell 25% of shares which has been received per year in the anniversary of year 1 to year 3 from the date of the

), the Seller shall be subject to lock-up period for 3 years. Nevertheless, the Seller have the right to sell 25% of shares which has been received per year in the anniversary of year 1 to year 3 from the

/2019 to consider and approve the issuance and offering of up to 1,080,000,000 newly issued ordinary shares, with a par value of THB 0.10 per share, to PLANB at the offering price of THB 1.4381 per share

. Currently, the Company has a paid-up capital of Baht 1,865,376,587 at a par value of Baht 1.00 per share, excluding shares allocated for the exercise of warrants to purchase the Company's ordinary shares No

paid-up capital after subscription of newly issued ordinary shares; 2. Mr. Viroj Tangjettanaporn of 19,550,000 shares, totaling Baht 27,370,000, equivalent to 5.01 percent of the registered and paid-up

paid- up shares. 2) CH. Karnchang Public Company Limited (CK) is the Company’s major shareholder. As of September 8, 2017, CK held (Translation) 2 4,582,121,829 shares or representing 29.98 percent of