February 18, 2020 Re: Management Discussion and Analysis for full year 2019 To: Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated

Microsoft Word - MDA FY19 EN.docx February 24, 2020 To President The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent

year mainly due to: 1.1) Revenue from selling of electricity increase 23.91 million baht or 100% due to the Company recognized revenue from Saraburi Solar Farm Project. 1.2) Revenue from Sales decrease

Microsoft Word - MDA Q219 EN August 14, 2019 To President The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent

1 / year 2018 Change Million Baht % Million Baht % Million Baht % Sales revenue - net 108.37 92.86% 107.94 93.48% (0.42) -0.39 % Revenue from contract works 7.14 6.12% 6.40 5.54% (0.75) -10.48

Industrial (Thailand) Public Company Limited (“INGRS”or “the Company”) would like to provide an explanation about our financial performance for the financial year ended 31 January 2020: 1. Sales Revenue INGRS

Baht 18.90 million, a loss decline of 3%. The Company would like to clarify significant changes of Group’s operation results were summarized as follows: Revenue from sales of goods and rendering of

year 2016 of 5,467 million Baht, comprising of: (1) revenue from sales of residential condominium units of 5,924 million Baht (64% of total revenues); increasing by 330.8% as compared to the year 2016 of

the Sellers in amount of THB 11,200,000 on the execution date of the Agreement to sell and purchase shares. For the outstanding share price in the amount of THB 28,954,958.77 (calculated based on the

branches. Nevertheless, the proportion of selling expenses to total revenue for the three-month period ended 30 September 2017 decreased from 30.33% in the same period last year to 30.09%. Jan – Sep 2017 For