: Management Discussion and Analysis for the year ended 31 December 2017 To : The President The Stock Exchange of Thailand Summary of the Company’s Financial Position and Operating Result for the year ended 31

sales of real estate 5,612.6 84.3 5,826.2 85.8 213.6 3.8 Revenues from project management 603.7 9.1 422.7 6.2 (181.0) (30.0) Dividend income - - 0.3 0.0 0.3 100.0 Gain from transfer of right for land

dividend in Sep’19 at total amount of THB 3,124 million, offseting with profit for the period. Unit: THB million 22,909 23,456 Osotspa Public Company Limited Q3’19 and 9M’19 Management Discussion & Analysis

baht in 2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok. - Management fee income in 2019 amounted 87.93 million baht increased by 28.42 million baht or 47.76% from 59.51 million baht in

73 1 / 4 Pef. MD 042/2017 15th August 2017 Subj Management Discussion and Analysis (MD&A) Q2/2017 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public Company

2018_Q2_MDA_ENG Ocean Glass Public Company Limited Page 1/2 Management Discussion and Analysis Operating Results In the 2nd quarter of 2018, Ocean Glass Public Company Limited and Subsidiaries (“the

73 1 / 3 Pef. MD 105/2018 14th November 2018. Subj Management Discussion and Analysis (MD&A) Q3/2018 Dear Managing Director of Stock Exchange of Thailand We, Patum Rice Mill and Granary Public

49.3%, increased from the previous year due to revenue growth, net profit, dividend payment and treasury stock. 5 Forth Smart Service Public Company Limited (FSMART) FY18 Management Discussion and

Osotspa Public Company Limited Q1’19 Management Discussion & Analysis 14 May 2019 Q1’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Q1’19 Net profit* was at THB 888 million

, connected transaction, omission of the dividend payment, issue of warrants to existing shareholders by way of rights issue, the allotment of new shares to reserve for the exercise of the warrants and the