GLOW’s Shares PAGE 4 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1 2019 Executive Summary On 1 March 2019, the company was selected by the International Business Magazine, which is a leading business and

Powers of the SEC Office ____________________________ Clause 1926 Repealed. Clause 20 In case there is a certain fact appeared to the SEC Office leading to any of the following reasonable suspicions, the

already been approved: 8 (1) there is a clear fact leading to the consideration that the rules or conditions to be exempted are insignificant to the case and the costs outweigh the benefits derived from

. Information Memorandum in relation to the allotment and offering of newly issued ordinary shares to investors in private placement Following NEP Realty and Industry Public Company Limited’s (the "Company

and Industry Public Company Limited’s (the "Company") Board of Directors' Meeting No. 9/2017, held on October 25, 2017, (the "Meeting"), the Company would like to announce the Board of Directors

: Thousand Baht) Product Type 2018 2017 Increase % Thousand Baht % Thousand Baht % (Decrease) Consumer Products 854,950 53.0 965,475 59.0 (110,525) (11.4) Industry Products 677,033 41.9 671,687 41.0 5,346 0.8

, the effect of the strong Thai Baht that limited the export performance of the Thai lime industry in general, and the proportionally high cost of combustible fuels Golden Lime Public Company Limited 3

Company has been awarded ISO 13485, the Quality Management System for Medical Device Industry which is an important tool for competition and maintaining the product’s market share), the Company can maintain

to 2017. The main lime consuming sectors of the industry continue to expand: we maintain the view that the sugar cane harvest will be 10-15% stronger compared to last season, which translated into

(Unit : Thousand Baht) Product Type 2018 2017 Increase % Thousand Baht % Thousand Baht % (Decrease) Consumer Products 854,950 53.0 965,475 59.0 (110,525) (11.4) Industry Products 677,033 41.9 671,687 41.0