หนังสือแสดงการรับทราบความผิด 13 November 2018 Subject : Management Discussion and Analysis of third quarter ended 30 September 2018 Attn. : Director and Manager The Stock Exchange of Thailand Encls

Thailand with feed-in tariff structure of 5.66 baht per KWh for 25 years. BGRIM was included in the THSI list Announced from SET in October 2018, BGRIM was included in the Thailand Sustainability Investment

2017 was 362.4 Million Baht or 45.2% of revenue from food & beverages business which slightly decreased from 49.7% in Q2 2016. Total expenses were 2,553.8 Million Baht or 99% of total revenues

expected that the total rainfall in the Eastern part of Thailand will be higher than average level by about 5% in August 2020, then average in September 2020 and slightly lower than average in October 2020

stimulus measures to support the economy while the BOT has reduced the policy interest rate. Thai Banking Industry The commercial banking sector in Thailand continues to face challenges from changes in the

Thailand. This outbreak has brought significant economic uncertainties in Thailand and markets in which the Company operates. However, the Company is unable to reasonably estimate the financial negative

impacted due to continued weakening of international market for flat products and increase in imports of Alloy Steel and Hot Dipped Galvanized HRC into Thailand due to strengthening of Thai Baht and removal

29_MDA Q3_62 EN -Translation- No. ECF2 041/2019 November 14, 2019 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2019 To President The Stock Exchange of Thailand

Highlights Opening of major outlets has been slowed down while pop-up stores are more in focus Responding to the moderate economic situation in Thailand, After You has slowed down branch investments and

-517-0109-14 Fax 66-2-5170529 February 27, 2017 Subject Management Discussion and Analysis for the year ended December 31, 2016 To Managing Director of Stock Exchange of Thailand Table of Financial Ratio