accruing from the assets under (a) to (c), for example, right to dividend or interest, right to purchase capital increase shares and right to attend and vote at a meeting of securities holders, etc. (2

registered capital of Baht 50,000,000, divided into 10,000,000 ordinary shares at the par value of Baht 5.00, having paid-up capital of Baht 1.25 per share. The change shall be done by the disposition of the

43.84% of total shares, but due to capital reduction in August 2017, NCLcurrently holds 75.35% of total shares. After becoming the major shareholder, NCL improved SSK business strategy, resulting in

strengthen the Company’s financial position and increase cash flow from operation of the group in the long term. 9. Source of fund Working capital from increase share capital and shares of WCI Holding PCL held

Percentage4 Number of Units2 Voting rights3 Percentage4 I Person acquiring or disposing: Common shares 40,065,600 40,065,600 5.8920 40,065,600 40,065,600 5.8920 0 0 0.00001. CAPITAL RESEARCH AND MANAGEMENT

Percentage 4 Number of Units2 Voting rights3 Percentage4 I Person acquiring or disposing: Common shares 764,822,345 764,822,345 5.1169 41,500,000 41,500,000 0.2776 723,322,345 723,322,345 4.83931. CAPITAL

Translation CEN 016-2020 August 14, 2020 Subject Management Discussion and Analysis for business operation of Quarter 2/2020 To The Manager and President The Stock Exchange of Thailand Capital

79.97% Total Liabilities 3,267.64 1,826.10 1,441.53 78.94% Issued and paid-up share capital 333.80 333.80 Premium on ordinary shares 587.17 587.17 Retained earnings – Appropriated 40.00 36.29 3.71 10.22

”) (a subsidiary which the Company holding 70.0%) by increasing the registered capital in the amount of Baht 15,431,700, from Baht 40,000,000 to Baht 55,431,700 by issuing 154,317 new ordinary shares with

: The Company and the Sellers do not have any relation which shall cause the GSG Shares Acquisition Transaction to be considered as the connected transaction under the the Notification of the Capital