No. B52-202002/001 17 February 2020 Subject: Management Discussion and Analysis - for the year ended 31 December 2019. To: The President of Stock Exchange of Thailand B-52 Capital Public Company

February 26, 2020 Subject : Management Discussion and Analysis for year and 4th quarter ended December 31, 2019 Attention : President The Stock Exchange of Thailand 1. Operating Performance 1.1

-TRANSLATION- 25 February 2020 Subject : Management Discussion and Analysis for 2019 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

Margin was affected by two major factors: 1) a change in foreign currency rates Table 1: Foreign currency exchange rates and sales in foreign currency 2) a higher cost of main raw materials Table 2: Raw

-TRANSLATION- 11 August 2017 Subject : Management Discussion and Analysis for Q2/2017 Attention : President The Stock Exchange of Thailand An overview of the results in the passing The performance in

สรุปผลการดำเนินงานของบจ -Translation- August 15th, 2017 Subject: Management Discussion and Analysis Quarter 3 Ending 30 Jun 2017 (Edited Template) To: Managing Director The Stock Exchange of Thailand

: 1) a change in foreign currency rates Table 1: Foreign currency exchange rates and sales in foreign currency 2) a higher cost of main raw materials Table 2: Raw material prices and purchased volume

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a subsidiary company, which registered as a juristic person in Thailand under the Civil and Commercial Code on August 29, 2017. The subsidiary operates in real estate development and asset management

February 27, 2018 Subject Management Discussion and Analysis for the Year 2017 Ending December 31, 2017 To President and Director The Stock Exchange of Thailand Electronics Industry Public Company Limited