JAS Asset Management Discussion and Analysis, Q2/2019 Page1/4 - Translation - No. J62/008 6 August 2019 Subject: Management Discussion and Analysis, 2nd Quarter Ending 30 June 2019 Attention

Management Discussion and Analysis, Q2/2018 Page1/4 Ref. IR61/12 10 August 2018 Subject: Management Discussion and Analysis, 2nd Quarter Ending 30 June 2018 To : President Stock Exchange of Thailand

] [2Q17 VS. 2Q16] Sales Revenue 3,663.5 3,536.4 + 3.6 % 3,578.6 + 2.4 % Cost of Sales 2,528.2 2,452.5 2,308.6 Gross margin, (percentage) 30.99% 30.65% 35.49% Selling & Administration 484.6 443.5 454.4 Net

. 2Q17] [3Q17 VS. 3Q16] Sales Revenue 3,602.0 3,663.5 - 1.7 % 3,515.2 + 2.5 % Cost of Sales 2,519.0 2,528.2 2,251.0 Gross margin, (percentage) 30.07% 30.99% 35.96% Selling & Administration 485.1 484.6

หนังสือแสดงการรับทราบความผิด 28 February 2018 Subject : Management Discussion and Analysis of the year ended 31 December 2017 Attn. : Director and Manager The Stock Exchange of Thailand Encls. : A

., Nongeiroon, Banbueng, Chonburi, Thailand 20220 Tel. 038-160707 Fax. 033-047348 www.ndrubber.co.th No. NDR006/2019 8 August 2019 Subject: Management Discussion and Analysis (MD&A) Report for the Six-Month

-9320 1 Ref: PLC 2018/012 August 13, 2018 Subject: Management Discussion and Analysis Quarter 2 Ended 30-June-2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public Company

-9320 1 Ref: PLC 2018/014 November 9, 2018 Subject: Management Discussion and Analysis Quarter 3 Ended 30-September-2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public

Page 1 No. CMC Sor Lor.013/2019 Date 12 November 2019 Re: Management Discussion & Analysis for the Period Ended 30 September 2019 To The President of the Stock Exchange of Thailand (SET

managed by ONE Asset Management Limited (the Company’s subsidiary), and an increase in the Company’s sales agent fees from sale of investment units. 1.3 Interest on margin loans The Company’s interest on