guideline for the operating system of management company shall comprise of 4 chapters as follow: Chapter 1 Organisational structure of the company 1.1 Segregation of work units and responsibilities 1.2 Roles

operating system of management company shall comprise of 4 chapters as follow: Chapter 1 Organisational structure of the company 1.1 Segregation of work units and responsibilities 1.2 Roles and

1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 062/2560 7th July 2017 Subject: Notification of the Resolution of the Board of Director’s Meeting No. 8/2017 (Updated

Management’s Discussion and Analysis (MD&A) For Q3/2017 1 1. Highlights G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q3/2017 Unit: million Baht 3rd Quarter 2017 3rd Quarter

Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 1 1. Highlights G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) Unit: million Baht

were also lowered from the cost-saving plans that have been carried out. 1 EBITDA Margin and Net Profit Margin is calculated from Total Revenue Management Discussion & Analysis Q2/2020 ?? 2020 Outlook 3

/2019 YoY QoQ Total Revenue 44,226 48,781 45,535 3% -7% Accounting EBITDA 3,023 (317) 1,959 -35% 717% Refinery and Trading Business Group 1/ 1,279 (1,419) 517 -60% 136% Marketing Business Group 2/ 735 465

- Translation - Page 1 of 6 CBG 006/2020 20 February 2020 Subject Management discussions and analysis for the fiscal year ended 31 December 2019 To President The Stock Exchange of Thailand We

Management’s Discussion and Analysis (MD&A) For Q2/2018 1 1. Highlights G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q2/2018 Unit: million Baht 2nd Quarter 2018 2nd Quarter

Intermediaries ______________________ By virtue of Section 98(6) of the Securities and Exchange Act B.E. 2535 (1992) and Clause 5(1), in conjunction with Clause 12(3) and (12), Clause 14, Clause 30, Clause 37