. The price of crude palm oil in between the 2nd quarter and the 3rd quarter of 2018 were continuously decreased in the range of THB 23.00 – THB 19.00 difference THB 4.00 /KG which is larger in variance

electricity has risen following the Weight Factor and the increase in price of natural gas. Comparing Q1/2019 vs Q4/2018 Comparing Q1/2019 vs Q1/2018YoYQoQ IPP PAGE 10PAGE 10 MANAGEMENT DISCUSSION & ANALYSIS

(Translation) Ref.No.LEE 01/2020 27 February, 2020 Subject : Management Discussion and Analysis for the year ended December 31, 2019 To : President of The Stock Exchange of Thailand We submit

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

* Note Please find further information in the consolidated financial statements. 1 7th August, 2018 Subject: Management Discussion & Analysis (MD&A) for the 2nd quarter of 2018 Attention: The

(Translation) Ref.No.LEE 04/2020 14 May, 2020 Subject : Management Discussion and Analysis for the first quarter ended March 31, 2020 To : President of The Stock Exchange of Thailand We submit

investors).   The SEC has therefore amended the relevant regulations for Vayupak Fund, as requested by the Vayupak Fund Office and the responsible asset management company, with the key points as follows

investors).   The SEC has therefore amended the relevant regulations for Vayupak Fund, as requested by the Vayupak Fund Office and the responsible asset management company, with the key points as follows

investors).   The SEC has therefore amended the relevant regulations for Vayupak Fund, as requested by the Vayupak Fund Office and the responsible asset management company, with the key points as follows

statement, insider trading, and share price manipulation.Consequently, the reporting entities under the Anti-Money Laundering Act, which include securities companies, asset management companies, financial