Company Limited - Translation - Ref: IR61/007 26 February 2018 Re: Management Discussion and Analysis for Yearly Ending 2016 To: President The Stock Exchange of Thailand Pursuant to Jaymart Public Company

วันที่ 25 กุมภาพันธ์ 2558 May 15, 2020 Subject: Management’s Explanation and Analysis for the 3 months period ended March 31, 2020 Attention: Director and Manager The Stock Exchange of Thailand LDC

(Translation) February 27, 2019 Ref: SET-2019-003 Re: Management's Discussion and Analysis and operating results for the Year 2018 Attn. to: President The Stock Exchange of Thailand Filter Vision

8.265 Land and Houses Securities Public Company Limited Overview of the Stock Exchange of Thailand After SETI had posed a sustained rise to retest its recent high at 1,454.95 in early June, Thai stocks

and administrative expenses; 3) higher finance costs due to investments in machinery, and joint ventures in Thailand and overseas; 4) higher depreciation of investments in machinery and 5) non-cash, one

machinery, subsidiaries, and joint ventures both in Thailand and overseas. Capitalization period for capitalized interest on investment in buildings, plants, and machinery ceases when the asset is ready for

expenses to sales 9.4% 11.4% 10.1% 10.3% Finance costs 18 15 19% 34 27 25% Share of profit (loss) from investment in subsidiaries and joint ventures (1.0) (5) 82% (2) (12) 79% Tax (income) (21) (19) (10

June 30, 2020 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For six months ended June 30, 2020 Overall Group Performance Table 1

Ref. AU 011/2017 - Translation - 11 August 2017 To: Director and the President The Stock Exchange of Thailand Management Discussion and Analysis for the three-month and the six-month period ended 30

% of total issued and paid- up shares was accepted for a total amount of THB 3,445 mn. Hence, CPN effectively has 67.53% ownership in GLAND as announced to the Stock Exchange of Thailand (SET) on