Rnj, (Translation) MD. 036/2020 February 26, 2020 Re: Management Discussion and Analysis For the Year Ended December 31, 2019 To: President The Stock Exchange of Thailand Management Discussion and
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in general greater management participation in SGAH to give more support and necessary controls in the weak areas with the increase in the Company’s direct and indirect equity holding in SGAH from
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crude steel production in the first half of 2018 was 881.5 million tons, up by 4.6% compared to the same period in 2017. The region with most production was Asia (including China, but not including the