Central Retail Corporation Public Company Limited Page 1 20 February 2020 Re: Management Discussion and Analysis Operating results for the year ended December 31, 2018 To: President The Stock

impact on investment with more than 13 the fund asset management companies established the corporate fund (CG Fund) for raise funds through the 14 CG funds more than Baht 22,000 million. Of these 2 main

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE THIRD QUARTER ENDED 30

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 002/2020/EN 26 February 2020 Subject: Management Discussion and Analysis of the Company and its subsidiary for the year ended 31 December 2019 To: The

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2019 1 Significant events in the year 2019 1. The shareholding in Bangkok Metro

- Translation - Management Discussion and Analysis of the Company’s Performance for the three-month period ended 31 March 2019 - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management

Company’s Performance for the nine-month period ended September 30, 2019 balance as at 31 December 2018, the management still believes that the Company could collect debt from the main customers based on the

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 24 February 2020 No. ZEN 2563-003 Subject Management Discussion and Analysis for

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from diminution in value of inventories amounting of 14.00 million Baht. However, the Company determined the policy that focused on the management of raw material (CPO) by trying to maintain inventories