3344 Fax. 66 2 654 3323 No. PACE IR2018/018 Date: 14 November 2018 Subject: Explanation of the Operating Results for the third quarter of the year 2018 ended 30 September 2018 changing over 20% To: The

-1- AIT (VP-SEC) 028E/2022 November 10, 2022 Subject: Management's Discussion and Analysis of Operating Results for Q3-2022 To: The President of the Stock Exchange of Thailand Summary of Operations

Miss Kantima Rodsatru (Daughter of one of the GS’s ultimate shareholders) which is not a connected person of the Company. The Detail of this transaction are • Purchase of ordinary shares of High East

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of

telecommunications operator in Thailand. AIS acquired 33.3% of RLP’s newly issued shares with a total investment of THB 787mn. The partnership will boost RLP user base by integrating RLP as the default payment method

280.62 16.5 * excluding fuel cost Increase (Decrease) % Quarter 1 The operating result for the 1st quarter of 2020 showed the profit (attributable to owners of the Company) of THB 1,360.82 million

shares in 12 companies in Germany and Switzerland with arcona Management GmbH. VHG II will receive rights of operating lease rights of 17 existing hotels under the (i) arcona brand, (ii) arcona Living

Management Discussion & Analysis ( - translation - ) For operating result of 1Q/19, ended 31 March 2019 Raimon Land Public Company Limited | 9 May 2019 1 / 6 Major Events in Q1/19 and April 2019

Operating Results and Financial Position of the Company and its subsidiary 1.1 Analysis of Overall Operating Results for the Company and its subsidiary for the six-month period ended June 30, 2019 Table 1

., Ltd. ( “SUTG”) in the amount of 132,000 shares with a par value of THB 100 per share or representing 66 percent of all shares of SUTG to Mr. Suparuek Na Songkhla (“Mr. Suparuek”), Mr. Inthidej Pala-in