ending cash of THB 896.0mn as of 31 December 2018. Cash flows movement in 2018 ……………………………………………………….. ( Sataporn Amornvorapak ) Director and Company Secretary 6 Calculated from interest-bearing debt net

Management Discussion & Analysis ( - translation - ) For operating result of 1Q/19, ended 31 March 2019 Raimon Land Public Company Limited | 9 May 2019 6 / 6 Cash flows movement in 1Q/19

Increase (Decrease) % Total assets 363.57 379.77 (16.20) (4.27) Total liabilities 92.87 98.80 (5.93) (6.00) Total shareholders’ equity 270.71 280.97 (10.26) (3.65) Significant movement of assets, liabilities

’ equity 270.74 280.97 (10.23) (3.64) Significant movement of assets, liabilities and shareholders’ equity as at September 30, 2019, compared to the balance as at December 31, 2018 are as follows: 2.1 Asset

. Chart of world crude steel production monthly, ending 31 March 2020 Source: World Steel Association The main raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e

& Analysis ( - translation - ) For operating result of 1Q/2020, ended 31 March 2020 Raimon Land Plc. | 14 May 2020 6 / 6 Cash flow movement in Q1/2020 ……………………………………………………….. ( Sataporn Amornvorapak ) Director

Power Plants business unit in the amount of THB 219.20 million due to THB 69.76 million of movement of net working capital in Q2-2020 and THB 149.44 million of additional adjustment of book value of the

first quarter of 2018 1. The Company has routes network movement as follows: Adding Frequency  Bangkok – Phu Quoc from 4 flights per week to 5 flights per week (February 2018)  Bangkok – Vientiane from

. The Company has routes network movement as follows: Adding Frequency  Bangkok – Phu Quoc from 4 flights per week to 5 flights per week (February 2018)  Bangkok – Vientiane from 7 flights per week to

the applicant to clarify, take action or submit additional documents and evidence within the period of time prescribed by the SEC Office. 4 In cases where the applicant does not proceed in accordance