was Baht 449.8 million and Baht 0.1 million, respectively, a 1.7% increase from 3Q2018. The details have shown in the table below. (Unit: Million Baht) Utilities Business 3Q'19 3Q'18 % YTD YTD % Change

1Q2019 as table above. (4) Conversion ratio: 0.865 Tons = 1,000 Liters (5) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV Operating performance comparison between 1Q2020 vs

milion from SDWTP due to the delay of planned volume ramp up was recorded in 1Q2020. The details are shown in the table below. (Unit: Million Baht) Utilities Business 1Q'20 1Q'19 % Change Revenue from

% 4Q2022 Santiburi The Residences 6,433 15% n/a Note: (1) Information provided in the table excludes residential project developed by Nirvana Daii PLC which the Company held 51.56% ownership. As of 31

of advertising, office building space, motor vehicles and equipment. The Company has assessed the effect from the adoption of TFRS 16 to operating performance, as shown in below table. IMPACTS FROM

% 4Q2020 EYSE Sukhumvit 43 1,936 38% 4Q2022 The EXTRO 4,066 11% 4Q2023 Santiburi The Residences 6,434 15% n/a Note: (1) Information provided in the table excludes residential project at THB 22,217m developed

details have shown in the table below. (Unit: Million Baht) Utilities Business 2019 2018 % Change Revenue from Utilities Business - Industrial Water Sales 1,309.5 1,252.6 4.5% - Raw Water Sales 264.0 268.9

-up was recorded in 6M2020. The details are shown in the table below. (Unit: Million Baht) Utilities Business 2Q'20 2Q'19 % Change YTD 2020 YTD 2019 % Change Revenue from Utilities Business 390.2 473.6

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2018 The Thai economy in the second quarter of 2018 gained further traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see strong across-the-board growth. The business sector remained challenged by new modes of competition...

Performance from revenues, costs and expenses which has significant impact in Q4–2021 can be shown in the following table: Outstanding by Quarter Change Q4 – 21 Q3 – 21 Q4 – 21 Q3 – 21 Q4 – 21 (MB) (MB) % (MB