Management Discussion and Analysis, Q1/2020 Page 1/4 JMT Network Services Public Company Limited - Translation - Ref: IR63/009 13 May 2020 Subject: Management Discussion and Analysis, 1st Quarter

Board 1/2019 on February 25,2019 has been approved the financial statements for year ended 31 December 2018 The Company net profit of 170.42 million baht which decrease 161.95 million baht or (48.72)% by

Manager of the Stock Exchange of Thailand For the Q3/2019 period ended of September 30, 2019 (9 months) operating result of the company net loss Baht 0.22 Million comparison with the previous Q3/2018’s net

/2017 period ended of June 30, 2017 operating result of the company net loss Baht 2.43 Million in comparison with the previous Q2/2016’s net loss of Baht 11.33 Million a decrease of loss Baht 8.90 Million

the year 2017 period ended of December 31, 2017 operating result of S.Pack & Print Public Company and Its Subsidiary in Statement of Comprehensive Income net loss Baht 17.54 Million in comparison with

of the Stock Exchange of Thailand For the year 2018 period ended of December 31, 2018 operating result of S.Pack & Print Public Company and Its Subsidiary in Statement of Comprehensive Income net

Stock Exchange of Thailand For the Q1/2019 period ended of March 31, 2019 operating result of S.Pack & Print Public Company and Its Subsidiary in Statement of Comprehensive Income net profit Baht 0.98

Company Limited and Subsidiaries hereafter refer as (The Company) would like to clarify the Company’s operating results of the quarter 1/2019 ended March 31, 2019. The Company had the net profit of 2.90

Company and Its Subsidiary in Statement of Comprehensive Income net loss Baht 1.71 Million in comparison with the previous Q1/2017 net loss Baht 6.65 Million a decrease of loss Baht 4.94 Million or 74.29

Stock Exchange of Thailand For the Q2/2018 period ended of June 30, 2018 (6 months) operating result of the company net loss Baht 6.02 Million comparison with the previous Q2/2017’s net loss of Baht 9.08