., Nongeiroon, Banbueng, Chonburi, Thailand 20220 Tel. 038-160707 Fax. 033-047348 www.ndrubber.co.th No. NDR003/2020 27 February 2020 Subject: Management Discussion and Analysis (MD&A) Report for Business

-1 -Translation- Ref. LPN/SorKor/146/2562 9th May 2019 Re: Financial Statements Analysis Report Q1/2019 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co.,Ltd. would like to

value is 12.50 % based on latest financial statement for the period ended 30 June 2018 reviewed by certified auditor. Therefore the Company would like to report the transaction details as follows. 1

วันที่ 10 พฤษภาคม พ 1 Ref. LPN/SorKor/289/2561 8th November 2018 Re: Financial Statements Analysis Report Q3/2018 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co.,Ltd

auditor, the results can be summarized as follows: The performance of the Company and the Company’s subsidiaries for the 3rd quarter of 2018, the consolidated financial statement showed a net profit of

. Outdoor media’s strength is as a medium that reaches consumers when they are on-the-go to create brand awareness with extensive reach. Over the last few years, the outdoor media segment has consolidated

is the basis giving the highest result of transaction. The outcome is calculated from the Company’s consolidated financial statements in interim review version for the 9-month period, ended as at 30

ended June 30, 2019 Firetrade Engineering Public Company Limited (“the Company”) would like to report the operating result according to the Company’s consolidated financial statement of the Company and

Firetrade Engineering Public Company Limited (“the Company”) would like to report the operating result according to the Company’s consolidated financial statement of the Company and its subsidiary for the

ended September 30, 2019 Firetrade Engineering Public Company Limited (“the Company”) would like to report the operating result according to the Company’s consolidated financial statement of the Company