helping Company’s master agents in COVID-19 situation as mentioned above; however, the Company is still able to control service and administrative expenses and decrease financing costs from bank loan

- Translation - Page 1 of 4 CBG 013/2020 8 May 2020 Subject Management discussions and analysis for the 3-month period ended 31 March 2020 To President The Stock Exchange of Thailand We, Carabao

in subsidiary (149.44) (22.84) 554.28% (150.35) (22.84) 558.29% Shares of profit (loss) in of associates 24.38 (1.23) -2078.90% 24.38 (2.51) -1071.70% Financing Cost (17.30) (18.45) -6.27% (36.32

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September 30, 2023 To: The President The Stock Exchange of Thailand AAPICO Hitech Public Company Limited (“the Company”) would like to explain the consolidated financial statements of the Company for the 3rd

No: AH 02022024 February 29th, 2024 Subject: Management Discussion & Analysis (MD&A) for the financial statements of fiscal year 2023 ended as of December 31, 2023 To: The President The Stock Exchange

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latter decreased in production due to the adjustment stock management to suitable with the decrease in HRC market price worldwide. - Gain on exchange rate was achieved of THB 193 million in Q2-2017, which

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