million dividend payment and offset by THB 98.55 million net profit during the year Please be informed accordingly, Yours sincerely, (Mr. Maetup T.Suwan) Managing Director

sincerely, (Dr. Wattana Chaiwat) Managing Director

amount of THB 48.07 million in the year 2013 due to the decreasing of the loan. Please be informed accordingly. Yours sincerely, Pimwan Thareranavibool Managing Director Corporate Secretary Tel. 0-34877

Thareranavibool Managing Director Corporate Secretary Tel. 0-34877-486-8 Ext. 509 or 500

accordingly. Yours sincerely, Pimwan Thareranavibool Managing Director Corporate Secretary Tel. 0-34877-486-8 Ext. 509 or 500

. Please be informed accordingly, Yours Sincerely, (Miss Valarlak Ngamchitcharoen) Managing Director

faithfully, Mr. Hiroaki Sano Managing Director 2018 2017 Gross profit margin 21.5% 19.9% Net profit margin 15.2% 11.6% Debt to Equity ratio 0.09 0.11 Earnings per share 2.58 1.90 ROA 15.8% 12.3% ROE 16.3% 13.2%

liabilities. Now, the company has 10 projects for sale As at 30 September, 2019 company and subsidiaries had less total equity Baht 84.18 million or 18.38%. Yours sincerely ( Mr. Santi Piyatat ) Managing

, proportion of insurance patients increased comparing to cash patients. Inventory and account payable has barely changed.. Please be informed accordingly. Yours sincerely, (Surin Prasithirun, M.D.) Managing

26 February 2020 Subject : Management Discussion and Analysis for 2019 To : Director and the President, The stock Exchange of Thailand Yggdrazil Group Public Company Limited (“Company”) would like to