(Translation) NEP-AC 003/2562 14 August 2019 Subject: Management Discussion and Analysis for Q2 ended of 30 June 2019 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and
with business reorganization in order to enhance corporate efficiency and growth contributing to favourable operating results by achieving gross profit margin and EBITDA since Q1-2020. UWC Group’s
production cost and added product value and increase the Company service’s abilities and support the water management business expansion. On 12 October 2018, the Board of Directors of WIIK passed resolution
IDH-AC-000-อส6305/04.00 11 May 2020 Re: Management Discussion and Analysis Operating results for the three-month period ended 31 March 2020 To: President The Stock Exchange of Thailand Overview of
-7.09% Administrative expenses (7.84) (9.11) (1.26) 16.11% Other expenses 0.07 (1.15) (1.22) -1695.70% Profit from operating activities 25.01 2.62 (22.39) -89.52% Share of gain (loss) on investments in
expenses (34.35) (36.96) (2.60) 7.58% Other expenses (2.74) (5.15) (2.40) 87.50% Profit from operating activities 53.11 36.14 (16.96) -31.94% Share of profit of investment in associates 0.71 (1.07) (1.78
that Thai economy will grow faster than the same period last year, reflecting in a higher GDP. Export and tourism sector are the main factors that support Thai economy in the second quarter. In addition
mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth in all businesses. As a
sector’s growth slowed down and private investment slightly dropped. However, private consumption continued to hold up, partly due to improvements in non-farm income and government measures to support low