Rnj, (Translation) MD. 073/2020 May 13 , 2020 Re: Management Discussion and Analysis For the Operating Results ended March 31, 2020 To: President The Stock Exchange of Thailand Management Discussion

. Notification of the Office of the Securities and Exchange Commission No. Sor Thor. 35/2557 Re: Rules in Detail on Communication with and Providing Services to Clients of Securities Companies and Derivatives

)% (5.1)% 20,520 19,690 4.2% Gains on tradings and foreign exchange transactions 2,386 2,187 1,492 9.1% 59.9% 6,226 4,521 37.7% Gains on investments 1,709 2,309 2,502 (26.0)% (31.7)% 7,545 5,464 38.1% Share

Analysis Yearly ending 31 December 2019 1. Highlights The Consolidated sale revenue posted stood at Baht 17,416 million decreased by Baht 12,549 million compared to last year since both sale volume and

Energy Public Company Limited (“TSE”) of 181.75 million shares, which represents 10.01% of issued and paid- up shares of TSE at the total value of 925.11 Million Baht or 5.09 Baht per share to Miss

10th May, 2018 Subject: Management Discussion and Analysis (MD&A) of the financial as at and for three months’ period ending 31st March, 2018 Attention: President The Stock Exchange of Thailand P.C.S

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Exchange of Thailand The Meeting of the Board of Directors of KGI Securities (Thailand) Public Company Limited (“the Company”) No. 3/2019, held on 7th May 2019, has approved the reviewed financial statements

August 12, 2019 Subject: Management Discussion and Analysis For the three-month period ended June 30, 2019 To: The President, The Stock Exchange of Thailand Home Pottery Public Company Limited (“The