subsidiaries (“the Group”) as follow. Financial Performance of the Group Q1-2020 Q2-2020 Q3-2020 Q4-2020 2019 2020 THB Mn THB Mn THB Mn THB Mn THB Mn % THB Mn THB Mn THB Mn % Sales of goods and services 1,115.7

of 2017, the Company’s associate, LH Financial Group Public Co.,Ltd., (“LHBANK”), issued new ordinary shares through a private placement to CTBC Bank Co.,Ltd, totaling 35.62% of the registered share

and its subsidiaries (Hereinafter called “ The Group” ) would like to submit Management’s discussion and analysis for the Quarter 3’ 2018 with the summary as follows: - 1. Nature of operations of the

(“the Group”) as follow: Q3-2019 Q2-2020 Q3-2020 9M-2019 9M-2020 Change THB Mn THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Sales of goods and services 1,142.7 1,139.5 1,182.8 3.8% 3.5% 3,399.0 3,438.0 1.1

subsidiaries (“the Group”) as follow: * Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of receivable under finance lease and gain (loss) on forward contracts

the parent was THB 528 million (-46% YoY, +147% QoQ). Earnings per share was THB 0.38, with performance from each business group as follow: Performance of refinery and oil trading business was still

investment.  The Company recognized share of profit from associated companies of Baht 0.15 million, while in the third quarter of 2017, the Company recognized share of gain of Baht 21.07 million. - Share of

the amount of THB 650,000,000 whereby the Company is required to pay for share payment in the amount of THB 552,500,000 and EAMC is required to pay for share payment in the amount of THB 97,500,000

, therefore, the cost is increase. 5. In 2017, details of share of profit from investment in associates compared to 2016 are as follows: (million baht) Name of the Company 1 st quarter of 2018 1 st quarter of

net loss of 6.04 million Baht due to the following. 1. Year 2017, the share of loss from associated company SSK Inter Logistics Co., Ltd. ("SSK") of 7.51 million Baht due to economic conditions in the