MD&A Q2_2020 (Eng ) July 31, 2020 Subject : Interim Management Discussion and Analysis of Q2/2020 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements

the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in net profit ratio (ROS) from 19.92% in the

. Net Profit decreased by 24% to THB 1,805m in 2019 from THB 2,375m in 2018 due to lower operating profits more than offsetting an increase in exchange gain of THB 319m in 2019. Past Performance Analysis

1 - TRANSLATION - KT/PB (Q-Con) 001/2020 February 13, 2020. Attention Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis for year 2019 Quality Construction

1 - TRANSLATION - VS/PC (Q-Con) 004/2018 February 1st , 2018. Attention Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis for year 2017 Quality

Our Ref: APURE 017/2019 8 November 2019 Subject : Clarification on Third Quarter’s Operating Performance (3/2019) Attention : President The Stock Exchange of Thailand The company clarifies causes and

, Samutprakarn 10280, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 (Translation) 14 May 2019 Subject: Management Discussion and Analysis (MD&A) of Q1/2019 To: Director and manager The Stock Exchange of

(edit) To : The President of the Stock Exchange of Thailand We, Fancy Wood Industries Public Co., Ltd., would like to explain the overall operations of the company and its subsidiaries for the quarter 1

ACC6206/004 28 June 2019 Subject Inform the progress of the sale stock in the subsidiary company To Director/ Managing Director The Stock Exchange of Thailand According to the meeting of the Board of

August 7, 2019 Re : Management Discussion and Analysis for Q2/2019 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated revenue