1 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q1/2019 Unit: million Baht 1st Quarter 2019 1st Quarter 2018 Pe rfo rm an ce Revenues 3,398 8,117 Sales Volume (k tons) 177 388

1 G J Steel Public Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 Unit: million Baht 2nd Quarter 2019 2nd Quarter 2018 Pe rfo rm an ce Revenues 3,928 7,815 Sales Volume (k

Management’s Discussion and Analysis (MD&A) For Q2/2018 1 1. Highlights G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q2/2018 Unit: million Baht 2nd Quarter 2018 2nd Quarter

share 13.333 per share Exercise Ratio 1 unit to 1.5 ordinary shares 1 unit to 1 ordinary shares Number of Warrants (number after the first Exercise on 15 Novmber,2018) 406,573,990 units 609,860,985 units

Management’s Discussion and Analysis (MD&A) For Q3/2018 1 1. Highlights G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q3/2018 Unit: million Baht 3rd Quarter 2018 3rd Quarter

Rights After Adjustment of Rights Exercise Price 13.3333 per share 13.3333 per share Exercise Ratio 1 unit to 1.5 ordinary shares 1 unit to 1 ordinary shares Number of Warrants (number after the first

Discussion and Analysis Quarter 3 Ending 30 September 2019 1. Highlights Unit: million Baht 3 rd Quarter 2019 3 rd Quarter 2018 P er fo rm a n ce Revenues 3,803 8,666 Sales Volume (k tons) 172,117 418,365

. Highlights Unit: million Baht 1st Quarter 2020 1st Quarter 2019 P er fo rm a n ce Revenues 2,696 3,398 Sales Volume (k tons) 170 177 EBITDA (191) (87) Net Profit (Loss) (476) (432) H R C HRC Sales (k tons) 170

Chiyachantana Financial Summary Western U Company Limited Virtual Financial Statement As at 31 May 2017 Unit : Baht 2017 2016 2013 (The company started its education business) Total assets 372,529,473.72

the increase in sales revenue, as well as the decrease in cost per unit from the increased production volume (Economy of scale). • Gross Profit margin in Q1/2024 was 66.5%, increased from 63.6% in Q1