MD&A Q3_2020 (Eng ) November 2, 2020 Subject : Interim Management Discussion and Analysis of Q3/2020 Attention : President of The Stock Exchange of Thailand We attach herewith the financial

MDA Q1_2018 (Eng.) May 7, 2018 Subject : Interim Management Discussion and Analysis of Q1/2018 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements of

MD&A Q4_2018 (Eng.) February 21, 2019 Subject : Yearly Management Discussion and Analysis of 2018 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements

MDA Q2_2018 (Eng.) August 7, 2018 Subject : Interim Management Discussion and Analysis of Q2/2018 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements

MDA Q3_2019 (Eng ) November 8, 2019 Subject : Interim Management Discussion and Analysis of Q3/2019 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements

global economy due to financial market tightening and macroeconomic headwinds which created contraction risks, especially for Thai export sectors. Nonetheless, private consumption showed a sign of

global financial market volatilities in the face of uncertainties in the US’s policies. In the meantime, domestic political situation also warrants monitoring as the government is preparing for an election

from the US foreign trade policies and retaliatory measures by major advanced economies as well as volatility in the global financial markets. In the meantime, the domestic political situation warrants

base. However, close attention should be paid to the government’s budget disbursements and global financial markets which may, from time to time, become somewhat volatile. On the inflation front

brighter outlooks in both public and private investment compared to 2018. Still, close attention should be paid to the government’s budget disbursements, as well as global financial markets, which may