-9320 1 Ref: PCL 2020/004 February 24, 2020 Subject: Management Discussion and Analysis Yearly Ended 31 December 2019 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public

the previous yearly. To: The President The Stock Exchange of Thailand In the fourth quarter of the year, the Thai economy grew by only 2.4%, which is contracted according to domestic factors. Especially

-9320 1 Ref: PLC 2017/012 August 14, 2017 Subject: Management Discussion and Analysis Quarter 2 Ended 30-June-2017 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public Company

Acc.028/2017 November 9, 2017 To: The President The Stock Exchange of Thailand Subject: Management discussion and Analysis Quarter 3 Ending 30 Sep 2017 Dear Sir, S. Khonkaen Foods Public Company

-9320 1 Ref: PLC 2017/016 November 9, 2017 Subject: Management Discussion and Analysis Quarter 3 Ended 30-September-2017 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public

(Microsoft Word - 61-18 \340\252\350\322 translation 14.11.2017 .doc) ( Translation ) 13rd November 2017 Subject: Information on the retaled party transaction Attn.: Director and Manager The Stock

-9320 1 Ref: PCL 2018/002 February 14, 2018 Subject: Management Discussion and Analysis Yearly Ended 31 December 2017 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public

Acc.002/2018 February 21, 2018 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Year 2017 Dear Sir, S. Khonkaen Foods Public Company Limited or

-Translation- 1 -Translation- Ref. NCH 011/2018 February 26, 2018 Subject : Management’s Discussion and Analysis for the year 2017 Attention : President The Stock Exchange of Thailand N.C. Housing

% compared with the same period of the previous year To: The President The Stock Exchange of Thailand As a result of the global economic contraction and the economy of Thailand in 2018, there is a slowdown to