Page 1 of 6 - Translation - Ref. WINNER 0024/2019 August 13, 2019 Re Management Discussion and Analysis (MD & A) for Q2/2019 To The President The Stock Exchange of Thailand 1. Analysis of Overall

follows. Performance Analysis For the Quarter 2-2017, the Company and its subsidiaries had total revenue of 304.05 million baht, an increase of 48.00 million baht or 18.75 percent, with the total net loss

Company and its subsidiaries had total revenue of 353.79 million baht, an increase of 55.57 million baht or 18.63 percent, with the total net loss of 175.13 million baht or increased 401.23 percent and net

had total revenue of 298.22 million baht, a decrease of 48.96 million baht or 14.10 percent, with the total net loss of 34.94 million baht or decreased 94.98 percent and net loss owners of the parent

follows. Performance Analysis For the Quarter 2-2018, the Company and its subsidiaries had total revenue of 373.61 million baht, an increase of 69.16 million baht or 2.75 percent, with the total net loss of

certified public auditor as follows: Overall performance results of the Company for the year ended 31 December 2018, compared to the same period of the previous year were highlighted as below; (Unit : Million

public auditor as follows: Overall performance results of the Company for the year ended 31 December 2019, compared to the same period of the previous year were highlighted as below; (Unit : Million Baht

December 2018) Overall financial position of the Company as of 31 March 2019, compared to the statement of financial position as of 31 December 2018, the balance of total assets which were Baht 2,530 million

by certified public auditor as follows: Overall performance results of the Company for the six-month period ended 30 June 2019, compared to the same period of the previous year were as highlighted

which has been reviewed by certified public auditor as follows: Overall performance results of the Company for the three-month and six-month period ended 30 June 2019, compared to the same period of the