(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on September 30, 2017 1 Significant events 1. Bangkok Expressway and Metro

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(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2017 1 Significant events 1. Bangkok Expressway and Metro Public Company Limited

MANAGEMENT DISCUSSION & ANALYSIS 3Q 2019 6 NOV 2019 MASTER AD PUBLIC COMPANY LIMITED 1 13 May 2019 QUARTERLY BUSINESS REVIEW – 3Q 2019  Consolidated revenue increased by 54.0% YoY to THB 748mn o

Management Discussion and Analysis Q3/2019 Financial Result Summary Q3/ 2019 Q3/19 Q3/18 Change +/(-) 9M/19 9M/18 Change +/(-) (in THB mm) YoY 9M Revenue from Sales and Services 57.4 54.3 6% 146.9

Microsoft Word - 2020.08.10_1Q2021_MACO_MDA_EN_V3 MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 1 QUARTERLY BUSINESS HIGHLIGHTS – 1Q 2020/21

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(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on September 30, 2020 1 Significant events in the third quarter of the year

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

Global Green Chemicals Public Company Limited Management Discussion and Analysis For the Operating Results of 1Q2020 P a g e | 2 - Management Discussion and Analysis 1Q2020 - Executive Summary In