December 2019 To : The President The Stock Exchange of Thailand Bangkok Chain Hospital Public Company Limited (the “Company”) would like to report the operating results for year ended 31 December 2019 which

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall

คำอธิบายและการวิเคราะห์ของฝ่ายจัดการ 10 November 2017 Re: To clarify the financial statements as of 30 September 2017 To: President The Stock Exchange of Thailand WHA Corporation Public Company

- Translation - Page 1 of 7 CBG 019/2018 11 May 2018 Subject Management discussions and analysis for the 3-month period ending 31 March 2018 To President The Stock Exchange of Thailand We, Carabao

Baht. The Company has invested such capital increase amounting to 100 million Baht. The increase in the share capital of the subsidiary did not change the Company’s proportionate holding in the equity of

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 (Revised) To: The President The Stock Exchange of Thailand 1. Analysis of

of Bt290,976mn increased 6.0% from newly acquired spectrum. Interest bearing-debt stood at Bt93,636, decreasing 4.5%, while net debt to EBITDA stood at 0.8x, down from 0.9x as of Dec-20. Total equity

guidance and outlook for 2022 were maintained. Market and Competitive Environment Although Thailand has reopened and the lockdown restrictions have been lifted, the impact of the Omicron outbreak continues

and license payable to EBITDA was at 2.2x. Total equity was at Bt82,402mn, increasing 0.7%. Cash flow In 1H22, cash flow from operation (after tax) reported at Bt36,203mn, decreasing -12% YoY following

liabilities and license payable) remained healthy at 1.0x. Total equity was at Bt78,214mn, which declined - 4.4% due to dividend payment. Cash flow In 9M22, cash flow from operation (after tax) reported at