(Translation) 14th November, 2017 Ref: SET-2017-020 Re: Management's Discussion and Analysis and operating results for the 3rd Quarter 2017 Dear: The President The Stock Exchange of Thailand Filter

warrants exercise  LTM 3Q18 Operating Cash Flow of $1,037 million  Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook”  2019 Guidance reaffirmed; attractive and accretive production

cash equivalents increased from the exercise of rights to convert warrants to ordinary shares for the period, trade and other receivables decreased from repayment from foreign customers, other current

are as follows; Operating Performance 1. Revenues Unit: Million Baht In general of the year 2017, the Company could generate total revenue with growth rate 6 percent that came from the growth of

are as follows; Operating Performance 1. Revenues Unit: Million Baht In the overview of the year 2018, the Company had growth rate 1.82 percent of total revenue from furniture business. The mainly

. The details are as follows; Operating Performance 1. Revenues Units: Million Information of the 3rd Quarter Consolidated Separate 3 months Change 3 months Change 2018 2017 Amount Percentage 2018 2017

Disposition of Assets’ requirement by using the highest value from the base of net operating profit, the transaction size equals to 165.57% computed from the latest financial statement ended September 30, 2017

up 56%  Driven by positive internal and external outcomes  LTM 2Q18 Core EPS THB 3.86 – up 61% YoY post 9.8% dilution from warrants exercise  Net Operating D/E 0.45x, Core ROCE 15.8% on LTM 2Q18

Company’s operating cost in an amount of 10.15 million Baht in the previous year. Products of the Company: For Medical Devices Segment; The sales rise from the previous year although there is effected by

Medical Device Industry, which is an important tool in the competition and expansion of the market in the future. For Exercise and Physical Therapy Band; Most of the market is still the major market leader