the 16th of January 2020 onwards. March The Thai Government declared an Emergency Situation in all areas of the Kingdom of Thailand due to the outbreak of the COVID-19. Management outlook and future

projects The management maintain positive view onThailand's economic growth, which evaluated from the Company’s customers database and reports from the Bank of Thailand(BOT). BOTexpectsthat the

MDA_EN_1Q17 Management Discussion and Analysis for the 1 st Quarter 2017 ended May 31, 2017 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated

of unsecured debenture with issued amount totaling of THB 500mn was due on 29 July 2018. The Company had repaid in full amount. Management outlook and future projects The management maintain positive

for Sale of Debt Securities; (3) the Notification of the Capital Market Supervisory Board concerning Offer for Sale of Foreign Currency Debentures in the Kingdom of Thailand; (4) the Nofication of the

Capital Market Supervisory Board concerning Offer for Sale of Foreign Currency Debentures in the Kingdom of Thailand; (4) the Nofication of the Capital Market Supervisory Board concerning Offer for Sale of

Supervisory Board concerning Offer for Sale of Foreign Currency Debentures in the Kingdom of Thailand; (4) the Nofication of the Capital Market Supervisory Board concerning Offer for Sale of Newly Issued

MDA_Q3'17_En (Translation) Management Discussion and Analysis for the 3 rd Quarter ended November 30, 2017 AEON Thana Sinsap (Thailand) Public Company Limited (“The Company”) has already submitted

POWER PUBLIC COMPANY LIMITED BANPU PUBLIC COMPANY LIMITED BARCLAYS CAPITAL (THAILAND) COMPANY LI... BARON POINT COMPANY LIMITED BARON POINT SECURED DEBENTURE SERIES C... BATA SHOE OF THAILAND PUBLIC

, resulting from the Company has increased distribution channels to export content that the Company only sold in Thailand in the past. Moreover, there was increased sales, mostly Indian and Philippines content