Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A of 4th quarter of 2017 as of 31 December 2017 as follows: QoQ % YoY % THB'm % Income 216.43 213.57

: - Ramkhamhaeng Hospital 880.16 million baht - Chaiyapum Ram Hospital 19.09 million baht Total 899.25 million baht 1.2 Ramkhamhaeng has revenue from selling medical supply and equipment 94.57 million baht, which

its subsidiaries as follows: Revenue from Sales and Services In 2019, the Company and its subsidiaries generated revenues of THB 7,312 million from the sales and services, which is decreased from the

Baht increased when compared to same period of previous year with the loss of 156.66 Million Baht which can summarized below: Performance Analysis (1) Revenue Year 2018, the company and subsidiaries have

2019 (2nd quarter of 2019) as follows: Q2/2018 Q1/2019 Q2/2019 QoQ % YoY % Net Revenue 251.20 194.28 221.13 26.85 13.82 -30.07 -11.97 Cost of Goods Sold 204.16 163.05 187.08 24.03 14.74 -17.08 -8.37

2,481.4 2,421.5 2,556.2 +3.0% +5.6% 9,658.2 9,798.0 +1.4% Other income 11.6 27.5 25.5 +120.5% -7.1% 109.6 104.7 -4.5% Total revenue 2,493.0 2,448.9 2,581.7 +3.6% +5.4% 9,767.8 9,902.7 +1.4% • Total

to the same period of previous year of 45.09 Million Baht in profit. The details as follow: Performance Analysis (1) Revenue Quarter 1-2019 the company and its subsidiaries has total revenue of 753.22

the first half ended June 30, 2018 as follow: 1. Sales revenues For the second quarter of year 2019, the Company’s sales revenue was USD 826.64 million (or equivalent to Baht 26,020.88 million), which

Million Baht increased when compared to same period of previous year which had loss of 26.59 Million Baht. The details are as follows: Performance Analysis (1) Revenue Quarter 3/2018 company and its

-Up 11 14 27% Revenue from Franchising 5 5 0% Total Operating Revenue 264 340 29% Other Income 4 3 (25%) Total Revenue 268 343 28% Key Drivers Q4/22 Q4/23 Change+/(-) Number of branches at 31 Mar 53 61