with nearly 100mn2 population in 2019. VGIMS planned to invest 25.0% in VGI Vietnam Joint Stock Company (“VGI Vietnam”) with a total investment of VND 347.7bn or an equivalent of THB 457mn3.  During 1Q

current investments 1,216 13.2% 1,200 13.2% Trade & other receivables 641 7.0% 574 6.3% Investment in joint venture and associates 2,129 23.2% 2,264 25.0% Property, plant and equipment 877 9.5% 878 9.7

% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited

1 - TRANSLATION - VS/PC (Q-CON) 016/2018 May 10th , 2018. Attention Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis the first quarter ended 31 March 2018

May 10, 2018 Re : Management Discussion and Analysis (MD&A) For Quarter 1 / 2018 Attn : President The Stock Exchange of Thailand Baan Rock Garden Public Company Limited wishes to clarify the Company’s

(Translation) Ref.No.LEE 01/2020 27 February, 2020 Subject : Management Discussion and Analysis for the year ended December 31, 2019 To : President of The Stock Exchange of Thailand We submit

, Samutprakarn 10280, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 (Translation) 14 May 2019 Subject: Management Discussion and Analysis (MD&A) of Q1/2019 To: Director and manager The Stock Exchange of

1 - TRANSLATION - VS/PC (Q-CON) 026/2018 August 06th , 2018. Attention Director and Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis the second quarter

, Samutprakarn 10280, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 (Translation) August 10, 2018 Subject: Management Discussion and Analysis (MD&A) of Q2/2018 To: Director and manager The Stock Exchange of

1 - TRANSLATION - KT/KP (Q-CON) 007/2018 November 1st , 2018. Attention Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis the third quarter ended 30