ENDED DECEMBER 31, 2017 1. Operating performance as compar ison analysis between those in the year 2017 and 2016 in consolidated financial statement. Description 2017 2016 Increase (Decrease) Amount

(“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the year ended 31 December 2018, which net profit has changed more than 20% from the last year as

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the 1stQuarter ended 31 March 2020, which

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 145/2562 November 11, 2019 Subject: Clarification of the Operating Result for the significant change Attention

% 301.13 336.19 35.06 11.64% Operating profit 412.15 421.06 8.90 2.16% 1,366.98 1,217.90 (149.08) (10.91%) Finance cost 35.10 35.33 0.23 0.65% 105.82 102.39 (3.43) (3.24%) Income tax expenses 86.45 82.22

1 Ref: AC.028/2018 13 November 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

21.54% from the same period of previous year. The total revenue of each operating segments for the nine-month period ended 30 September 2019 of the Company and its subsidiaries had changed from the

operating assets and liabilities of Baht 138 million, mainly resulted from EBITDA and (2) cash inflows from net change in working capital of Baht 65 million, mainly due to lower trade receivables, other

Global Green Chemicals Public Company Limited Management Discussion and Analysis | 1 Management Discussion and Analysis For the operating results of 2Q/2019 Global Green Chemicals Public Company

meeting was convened to set the strategic direction and advance cooperation under the ACMF Action Plan 2026–2030. The Chairs endorsed the work plans and budgets of key working groups to further strengthen