investment advisory company shall arrange mutual fund rating only after having been approved by the Office in accordance with the following rules: (1) having a complete work system for operating the mutual

(days) 10 10 8 Profitability Ratio Gross Profit Margin 11 (%) 12.17 14.99 16.41 Operating Profit Margin 12 (%) 8.00 11.74 12.12 GFPT Public Company Limited Management Discussion and Analysis for the Year

., Klongmadua, Krathum Baen, Samut Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited. AIE 084/2018 April 26, 2018 Subject: Management’s

of the Annual Operating Result as ended 31 December 2018 Construction Income In 2018, the company and its subsidiaries’ construction income was Baht 173.81 million, whereas Baht 229.11 million in 2017

million, decreased Baht 93 million or 36% from year ended 2018 since the Company and subsidiary has • Net cash flows provided by operating activities Baht 62 million • Net cash flows used in investing

1 Ref: AC.024/2019 3 August 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

1 Ref: AC.034/2019 4 November 2019 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

Central Retail Corporation Public Company Limited Page 1 20 February 2020 Re: Management Discussion and Analysis Operating results for the year ended December 31, 2018 To: President The Stock

Management Discussion and Analysis 1 Ref: AC.017/2020 18 May 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange

/2018, held on 19 July 2018 has the resolutions as follows: 1. To dispose all investments in Nation U Co., Ltd. (“NU”) (a subsidiary of the Company holding the license and operating the Nation University