Page 1 of 4 No. RJH – SET 10/2018 12 November 2018 Subject : Management Discussion and Analysis for the 3rd quarter of 2018 ending September 30, 2018 To : The President The Stock Exchange of Thailand

SAAM Energy Development Public Company Limited - 1 - 7 November 2019 Subject: Management Discussion and Analysis for the period ended 30 September 2019 To: The President The Stock Exchange of

declined due to new re-design and management for better effectiveness to reduce such headcount and expense. Administrative Expenses (Admin.) The Administrative Expenses in 2018 and 2017 was THB 140.41

26 February 2020 Subject : Management Discussion and Analysis for 2019 To : Director and the President, The stock Exchange of Thailand Yggdrazil Group Public Company Limited (“Company”) would like to

revenue 3,064,495 2,870,863 193,633 6.74 Gross profit 1,058,006 1,006,730 51,277 5.09 Gross profit margin (%) 34.52 35.07 (0.54) (1.55) Total revenue 3,264,365 3,081,285 183,080 5.94 Total Cost & Expense

Thailand Enclosure : 1. Financial Statements for the first quarter ended March 31,2018 2. Management Discussion and Analysis Nawarat Patanakarn Public Company Limited would like to submit Reviewed Financial

-Translation- No. ECF2 041/2561 12 November 2018 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2018 To President The Stock Exchange of Thailand East Coast

1,248,881 63.58 Selling & Admin. Expense 208,270 151,667 56,603 37.32 682,955 481,877 201,078 41.73 Finance cost 74,294 59,602 14,692 24.65 217,357 160,371 56,986 35.53 Gross profit 278,414 220,013 58,401

5.03 Rental and Services Revenue 106,052 76,312 29,740 38.97 Gross Profit 56,739 41,954 14,785 35.24 Gross profit margin (%) 53.50 54.98 (1.48) (2.68) Golf Services & Property Management Revenue 37,795

Cost of Sales and Expenses Major costs of the Company compose of cost of sales, selling expense, administrative expense and interest expense. In the year 2016 and 2017, the Company shows its cost of