Page 1 of 7 Management Discussion and Analysis 2018 Executive Summary The operating result of 2018, Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reached total revenue of

1st quarter financial statements as of May 31, 2022 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized are as follows. Overview

of August 31, 2022 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized are as follows. Overview According to the Bank of Thailand and

1Q/2023 financial statements as of May 31, 2023 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized as follows. Overview According to

business to computer components, such as display card and mainboard under several global famous brands such as Gigabyte, Sparkle, HIS, Sapphire, MSI, Palit and Biostar. For the past years, S-TREK has

business to Page 4 computer components, such as display card and mainboard under several global famous brands such as Gigabyte, Sparkle, HIS, Sapphire, MSI, Palit and Biostar. For the past years, S-TREK has

-Translation- No. ECF2 005/2019 17 January 2019 Subject: Cancellation of the resolutions of the Board of Directors’ Meeting No. 13/2018 in relation to the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for 2019 Annual General Meeting of Shareholders...

4,061 million, increased by Baht 702 million or 21% from 2018 mainly caused from the recognition of the operating results of the projects that the Company has invested and the commencement of commercial

-2495-1366 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the fourth quarter and year ended December 31, 2018 comparing operating performance and

@kiatnakin.co.th Tel. +66-2841-5925 Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the second quarter and six months ended June 30, 2018 comparing operating