(Translation) NEP-AC 001/2018 22 February 2018 Subject : Management Discussion and Analysis for the year ended 31 December 2017 To : The President The Stock Exchange of Thailand Operating Result NEP

where such foreign ETF is established; (b) In case of foreign ETF established as trust, the Contract of Trust Establishment. (2) Documents used for offering for sale of units of foreign ETF under the law

No. CAZ 002/2019 26 February 2019 Subject: Management Discussion and Analysis Year ended 31 December 2018 Attention: The President The Stock Exchange of Thailand CAZ (Thailand) Public Company Limited

explanation and analysis Quarter 1/2020 ending 31 March 2020 Attention: The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited (“the Company”) would like to clarify operating

.  Domestic Contract Manufacturing (CMG) sales grew by c.15% YoY, supported by new products launch, growth from some existing products as well as change of the sales platform of some CMG customer from export to

”) ซ่ึงเป็นบริษทัยอ่ยของบริษทัฯ โดย บริษทัฯ ถือหุน้ในสดัส่วนร้อยละ 75 เขา้ลงนามในสญัญาซ้ือขายหุ้นของ Phu Khanh Solar Power Joint Stock Company (“PKS”) และสัญญาพฒันาโครงการโรงไฟฟ้าพลงังานแสงอาทิตย ์ท่ี

. Attention: President Stock Exchange of Thailand Enclosures: 1. Summary of Adjustment of the Exercise Ratio by adjusting Number of ORI- W1 2. Information Memorandum on Asset Acquisition Transaction of Origin

acquisition transaction of the company and subsidiary. Attention: President Stock Exchange of Thailand Enclosures: 1. Summary of Adjustment of the Exercise Ratio by adjusting Number of ORI- W1 2. Information

% YoY, with details as follows:  Domestic branded sales slightly declined by c.1% YoY.  Export branded sales dropped by c.20% YoY, as last year there were sales of coconut water with annual contract

the contract awarded with relatively high gross margin giving a positive result in overall picture. Cost of Sales for Supply and Maintenance The Company reports its cost of sales for supply and