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subsidiary. SHR became listed on Stock Exchange of Thailand with the first day of trading on 12 November 2019. At the end of 2019, the Company’s total hotels reached 39 hotels with 4,647 keys covering 5

28 February 2020 Subject Management Discussion and Analysis for the years ended December 31, 2019 To The President The Stock Exchange of Thailand Do Day Dream Public Company Limited (the “Company” or

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UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force, and that this English translation is strictly for reference. 9 Notification of the Capital Market

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force, and that this English translation is strictly for reference. Notification of the Capital Market