Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Q1’20 Consolidated Financial Results 12 May 2020 Q1’20 Management Discussion & Analysis Page 1/6 Financial Highlights

and Analysis For the 1st Quarter Ended 31 March, 2019 Page 3 2. Operation performance according to consolidated financial statement Unit : Million Baht 2019 2018 Revenue from sales and rendering of

: Baht millions) For the year ended 31 st March Consolidated financial statement Apr 2017 - Mar 2018 Apr 2016 - Mar 2017 Change % Change Revenue from sales & service 3,376.19 3,199.82 176.37 5.5% Other

. Single House 750 2. Single House 700 - 700 3. Total Sales Volume 2,620 3. Total Backlog 3,000 800 3,800 Performance in Q1/2020 and 2019 Consolidated profit(loss) statements The net profit of the Company

. Total Sales Volume 2,100 3. Total Backlog 1,880 600 2,480 Performance in Q1/2021 and 2020 Consolidated profit (loss) statements The net profit of the Company and subsidiary companies decreases 43.35% from

acquire Suntower since 2015. Consequently, both SPRIME dividend income record and saving on financing cost will start to impact on S’s consolidated financial statement since Q1’2019. Page 2 of 7 Management

Limited (the “Company”) submitted its separate financial statement and its consolidated financial statement for the third quarter of 2019 ended on 30 September 2019 which were reviewed by the auditor. The

. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 14 subsidiaries that include: 1) Bangkok Air Catering Company Limited (BAC) 2) Worldwide

self and other airlines. Consolidated financial statement of the Company consists of Separate Financial Statement and Financial Statements of the 13 subsidiaries that include: 1) Bangkok Air Catering

and dividend paid to shareholders which all amounting to 1,288.1 million baht together with cash received from long term loan during the period 26 ASIA’S BOUTIQUE AIRLINE Summary Consolidated Financial