Management Discussion and Analysis, Q3/2018 Page1

revenue under Concession Agreements 5% Cost of Jan-Jun 2019 = 1,311.59 million Revenue of Jan-Jun 2019 = 2,360.75 million EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT

revenue under Concession Agreements 4% Cost of Jan - Sep 2019 = 2,003.08 million Baht Revenue of Jan - Sep 2019 = 3,520.24 million Baht EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY

Ref. AU 009/2017 - Translation - 15 May 2017 To: Director and the President The Stock Exchange of Thailand Management Discussion and Analysis for the three-month period ended 31 March 2017 After You

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

, 2020 Subject Management’ Discussion and Analysis for the 1st Quarter in 2020 To Directors & Managers The Stock Exchange of Thailand Inter Pharma Public Company Limited (“the Company”) hereby submitting

Hygienic Medical Service with Knowledge Base Management by Sterilized Sanitation such as advice for skin care, esthetics, cosmetics distribution including related products under trade name, service mark

Knowledge Base Management by Sterilized Sanitation such as advice for skin care, esthetics, cosmetics distribution including related products under trade name, service mark, trade mark “Wuttisak Clinic” of

due to the adjustment of the wheat distribution strategy and the wheat management plan, which is the main raw material during the year, to maximize benefit to the company. บริษัท ที เอส ฟลาวมิลล จํากัด

small, for the company and the general public for development.  Purchase, development, allocation and distribution of commercial land to the company and the general both inside and outside the industrial