1 Translation CEN 001-2021 March 1, 2021 Subject Management Discussion and Analysis for the year 2020 To The Manager and President The Stock Exchange of Thailand Capital Engineering Network Public
due to inefficient internal control system with regard to the cost of sales and the inventory of 2014 and insufficient evidence to clarify decrease in the production yield. The AIE auditor also
knowledge-building activities were conducted in various formats, including academic seminar, production of financial and investment knowledge materials for online dissemination, event organization for the
regard, IFA has not received any evidentiary documentation or sufficient, reasonable commitment to the loan repayment within 15 May 2019 because GSTEL ceased its production and no longer generates
a market price at that time. Later, steel price dropped sharply causing GSTEL and GJS to realize high losses as production cost was high while the products were sold at lower market price. To avoid
evidence to clarify decrease in the production yield. The AIE auditor also expressed a qualified opinion on the statement of the financial position for the year 2015 because of failure to determine whether
policies which establish what is expected and procedures that put the policies into action. Questions Yes No 12.1 The company has strict policies to monitor that transactions made by major shareholders
.; (b) the complicated nature of the action or the tools using for such action such as using a disguised name of other person or establishing a company for concealment; (c) the record of behaviour of