) Public Company Limited ( the “Company”) would like to clarify its operation results for the Fiscal Year 2017 ( ended September 30th, 2017) of the Company and its subsidiaries, as follows: (Unit: million

, the company management is not affected from this situation, determined necessary measures such as people screening both employees and visitors, work from home and business continuity plan supporting for

Public Company Limited and its subsidiaries (“the Company”) would like to clarify herewith the financial position and operating result for the 3-month period ended 31 March 2020 as follows:- Financial

present installment or in the next installment. The Company is able to manage this likelihood risks because the Company has set a plan and follow up the situation as all times. There is no outstanding loans

Page 1 of 4 Translation EW/100/216/20 May 28, 2020 Subject: Notification of Resolutions of the Board of Directors Meeting for approval of the connected transactions of the Subsidiaries of the Company

Page 1 of 4 11 November 2019 Subject : Management Discussion and Analysis Quarter 3 Ending 30 September 2019 To : The President The Stock Exchange of Thailand WICE Logistics Public Company Limited

1 Bangkok Commercial Asset Management Public Company Limited Management Discussion and Analysis For the first quarter ended March 31, 2020 Bangkok Commercial Asset Management Public Company Limited

attributable to equity holders of the parent company of 1,044.79 million Baht, decreased by 72.73 million Baht or 6.51%. ง Income statement (Million Baht) For the three-month period Year 2019 Year 2018 YOY % Q4

decrease by 75.88 million Baht or 2.47% compared to same period of 2017) due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 881.03 million

67% EBITDA 58 83 43% 172 306 78% Net Profit (Loss) for the Company 13 36 177% 4 118 2,850% Gross Profit Margin (%) 59.6% 62.9% 3.3% 57.3% 63.1% 5.8% EBITDA Margin1 (%) 30.1% 30.9% 0.8% 27.4% 32.1% 4.7