S&P MD&A 2017-Revised Year In Comparison Table -1- Ref. POL. 028/2018 February 23, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock

S&P MD&A YE2018-ENG -1- Ref. POL. 029/2019 February 27, 2019 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

2019 Subject: Reports on Connected Transaction (receiving financial assistance) Dear: President The Stock Exchange of Thailand The Board of Directors’ Meeting of G J Steel Public Company Limited (“the

-1 - Translation - Ref. LPN/SorKor/217/2562 7th August 2019 Re: Consolidated Financial Statements Analysis Q2/2019 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co., Ltd

S&P MD&A Q3_2018-ENG -1- Ref. POL. 119/2018 November 09, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

agreements of Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On March 20, 2019, PT Medco Ratch Power Riau, an indirect joint venture that the Company held a 49 percent stake through RH

we expect challenges in terms of volumes. Lime export growth in Thailand has is strong at 33% year to date which is supportive of the domestic market where Golden Lime and Saraburi Quicklime combined

primarily in the steel and construction segments. Combined with the ultra-weak sugar season that ended early in April, the burnt sales volumes were under significant pressure resulting an 8% lower sales

PET, Packaging and Specialty Chemicals are now grouped under Combined PET given the inter-related nature of their businesses. Table 2: Segment Results (New Grouping) Full year $million (except where

has started the production line of crispy and grilled seaweed at the Rojana factory in order to support the sales in the export market and combined with the issues of changes of the Myanmar workers