1 Ref: AC.008/2020 25 February 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 13 May 2019 No. ZEN 2562-018 Subject Management Discussion and Analysis for 3

1 Ref: AC.016/2019 4 May 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.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

THB mm THB mm % Dividend and Management income 471.6 399.6 (72.0) (15.3%) Others 461.3 358.0 (103.3) (22.4%) Total other income 932.9 757.7 (175.2) (18.8%) Other income for 2018 stood at THB 757.7 mm

quarter, adding our Equity MW under operation to 382.1 MW from 319.3 MW in the same period of last year. Other Income Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Dividend and Management

Microsoft Word - ACE MDA Q321 - EN 1 No. ACE-ACC-4/2021 11 November 2021 Subject Management Discussion and Analysis for the period ended 30 September 2021 To President The Stock Exchange of Thailand

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020 15 MAY 2020 U CITY PCL 1Q 2020 - MD&A (for three-month period ended 31 March 2020) 1 U CITY PCL 1Q 2020 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

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