(Translation) 14th November, 2017 Ref: SET-2017-020 Re: Management's Discussion and Analysis and operating results for the 3rd Quarter 2017 Dear: The President The Stock Exchange of Thailand Filter

subsidiaries as details below: (Unit: Baht millions) For the year ended 31st March Consolidated financial statement Apr 2019 - Mar 2020 Apr 2018 - Mar 2019 Change % Change Revenue from sales & service 2,756.44

0.15 Land or buildings used for the purpose of residential (owner is not a resident) 0.30 Land or buildings used for other purposes 1.20 Unused land or buildings 1.20 The rates set forth above represent

the Stock Exchange of Thailand (“SET”) as follows: 1. Approving to propose to the Extraordinary General Meeting of Shareholders No. 1/2019 to consider and approve the Company to purchase the ordinary

with respect to the information memorandum on asset acquisition of the Company under list (1) are set out in the attachment. (Enclosure 4) 2. Responsibility of the Board of Directors with respect to the

shares traded on the Stock Exchange of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary

Exchange of Thailand (“SET”) as follows: 1. Approving to propose to the Extraordinary General Meeting of Shareholders No. 1/2019 to consider and approve the Company to purchase the ordinary shares of KPN

Thailand (“SET”) as follows: 1. Approving to propose to the Extraordinary General Meeting of Shareholders No. 1/2019 to consider and approve the Company to purchase the ordinary shares of KPN Academy Company

Hotels and Resorts PLC ("SHR") and the listing of SHR on the SET. On 8 November 2019, total net offering of THB 7,351.6m (after deduction of related fees and expenses) was paid to SHR for the additional

วันที่ 15 ตุลาคม 2545 1 NO. (SUTHA-SET) 003/2018/EN 26 January 2018 Subject: Management Discussion and Analysis of the Company and subsidiary for the year ended 31 December 2017 To: The President of