Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the

1 Forth Smart Service Public Company Limited (FSMART) FY18 Management Discussion and Analysis Operational Summary in FY18 2018 Operational Summary  Total revenue from core business was Bt3,339mn

1/2 (Translation) Ref. HPIR 004/2018 February 28, 2018 Subject : Management Discussion and Analysis for the year ended December 31, 2017 To : The President The Stock Exchange of Thailand Duplicate

. Total Liabilities Total liabilities decreased from Bt6,576 million at the end of 2017 to Bt6,246 million as of March 31, 2018; short-term debt as well as the long term loan decreased due to increased cash

(Translation) NEP-AC 001/2561 10 May 2018 Subject : Management Discussion and Analysis for 1st Quarter ended March 31, 2018 To : The President The Stock Exchange of Thailand Operating Result NEP

Public Company Limited Management Discussion and Analysis Operating Results for the period year ended 31 December 2018 Page 2 of 4 T.K.S. TECHNOLOGIES \ THB million Y18 Y17 %Chg As Reported (% to Sales

Total liabilities decreased from Bt7,300 million at the end of 2016 to Bt6,828 million as of June 30, 2017; short- term debt as well as the long term loan decreased due to increased cash flow from

2016 to Bt6,909 million as of September 30, 2017; short-term debt as well as the long term loan decreased due to increased cash flow from operations and as the Company repaid the long-term loan in

Ref. No. 1711/056EN November 8, 2017 Subject Management Discussion and Analysis for Q3/2017 (Ending September 30, 2017) To Director and Manager of the Stock Exchange of Thailand Ubis (Asia) Public

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