totaled Baht 25,755 million and institutions were net buyers of shares totaled Baht 103,632 million. Analysis of the Operating Results The operating results of Land and Houses Securities Public Company

AIT (VP-SEC) 027E/2024 7 November 2024 Subject: Management’s Discussion and Analysis of Operating Results for Q3-2024 To: The President of the Stock Exchange of Thailand Summary of Operations Q3-2024

Limited would like to explain and analyze the operating result of the change for the year 2019 ending December 31, 2019 with the details as follows: Unit : million baht Statement of financial position 2019

with business reorganization in order to enhance corporate efficiency and growth contributing to favourable operating results by achieving gross profit margin and EBITDA since Q1-2020. UWC Group’s

1,465.28 -20.76% (212.59) (127.81) 46.99 -180.42% Selling and Administrative Expenses 88.19 102.45 102.45 -13.93% (300.77) (230.27) (55.46) 127.12% Non-operating income/expense 303.87 249.95 243.49 22.14

, 2018, which was passed to approve the acquisition of 75 percent of shares in VGI Global Media (Malaysia) Sdn. Bhd. (“VGM”), at the purchase price totaling of THB 360,000,000, from VGI Global Media Public

optimal level yet. Therefore, cost per unit was higher at this point, which should continue to impact the Company’s performance for the short term. However, the Company’s operating performance is expected

mainly due to the net profit from operating for the - 4 - period by Baht 25 million, shares to be issued from exercise of warrants increased by Baht 137 million and received advance from share subscription

Limited (“the Company”) would like to submit the management discussion and analysis of the operating results for the first quarter of 2020 ended March 31, 2020 as follows: Revenue from Software Subscription

Securities and Exchange Commission No. Sor Shor. 26/2558 Re: Rules, Conditions, and Procedure for Granting Approval of Trust Managers of Infrastructure Investment Trusts and Operating Standards