Microsoft Word - I-!9%*#8˙I-*ˇ@( Blue Sky 20200929 EN_MDA Year End - Translation - 1 ACC-O-2010003 October 1, 2020 To: President The Stock Exchange of Thailand Subject: Management Discussion and

quarter of 2021 To The President The Stock Exchange of Thailand We, Zen Corporation Group Public Company Limited (“the company”), are pleased to provide you our management discussion and analysis for the

No. WICE 021/2020 February 28,2020 Subject Report the resolution of the Board of Directors To : President The Stock Exchange of Thailand Attachment 1. Information Memorandum regarding the Proposed

recovering after passing through the bottom in April, which was the most affected. After various countries around the world started relaxing their lockdown policies and travel restriction. Combined with the

113 of the Securities and Exchange Act B.E. 2535 (1992) , as amended by the Securities and Exchange Act (No.4) B.E. 2551 (2008) , Section 100, Section 103(9) and (10), Section 109, Section 114, Section

Securities and Exchange Act B.E. 2535 (1992), as amended by the Securities and Exchange Act (No.4) B.E. 2551 (2008), Section 100, Section 103(9) and (10), Section 109, Section 114, Section 115, Section 116 and

Business performed better in both YoY and QoQ from the B100 product price that adjusted upward quite significantly from various measures from the government sector to promote the use of Biodiesel fuel (B100

Exchange Act B.E. 2535 (1992) , as amended by the Securities and Exchange Act (No.4) B.E. 2551 (2008) , Section 100, Section 103(9) and (10), Section 109, Section 114, Section 115, Section 116 and Section

various forms, namely investment in additional equipment, indemnity expenses, delays in commercial operations, and forced cancellation of projects, not to mention indirect effects on the image of customers

the Stock Exchange of Thailand CH. Karnchang Public Company Limited hereby informs the resolutions of the Board of Directors’ Meeting No. 1/2019 which was held on February 28, 2019 as follows: 1