6 December 2007 1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel: 02-0195000 18 February 2019 No. ZEN 2562-002 Subject Management Discussion and Analysis for

The Results of the Comsolidated Financial Statements Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation Multimedia Group Public Company Limited and

increase of gross profit from 28 percent of the year 2016 to be 30 percent of the year 2017. The main result caused from the price of raw material was in declining trend and also the Company could manage the

Quality Construction Products Public Company Limited (“Q-CON”) would like to clarify the main reason that caused operating result for 2018 changed more than 20 percent that of 2017. Q-CON and subsidiary

ended 30 June 2018 Quality Construction Products Public Company Limited (“Q-CON”) would like to clarify the main reason that caused operating result for the second quarter of 2018 changed more than 20

( ) Union Textile Industries Public Company Limited : 205 4 . 39.5 10280 . 0 2323 1085..96 : 0 2323 9283 Office & Factory: 205 Moo 4, Sukhumvit Rd., Km. 39.5 Bangpoomai, Amphur Muang Samutprakarn

Products Public Company Limited (“Q-CON”) would like to clarify the main reason that caused operating result of the year of 2018 changed more than 20 percent that of 2017. Q-CON and subsidiary have profit

period of 2019. The subsidiary company (UPOIC)’s sales increased by Baht 187.8 million or 182.9% from Q1/2019. The main reason was that the average selling prices of CPO and CPKO increased by 80.4% and

(excluding fuel costs of Baht 36,799.82 million). The main reason was from the increase in cost of sale of Ratchaburi Electricity Generating Company Limited by Baht 705.86 million, as the shutdowns for planned