, 2020 Subject Management’ Discussion and Analysis for the 1st Quarter in 2020 To Directors & Managers The Stock Exchange of Thailand Inter Pharma Public Company Limited (“the Company”) hereby submitting

SAAM Energy Development Public Company Limited - 1 - 12 May 2020 Subject: Management Discussion and Analysis for the period ended 31 March 2020 To: The President The Stock Exchange of Thailand SAAM

working capital management. (b) Total Liabilities Total liability as of March 31, 2020 was 298.88mb, increasing by 123.29mb or 70.2%, m ain ly due to recognition of liabilities under finance lease agreement

SAAM Energy Development Public Company Limited - 1 - 7 August 2020 Subject: Management Discussion and Analysis for the period ended 30 June 2020 To: The President The Stock Exchange of Thailand SAAM

cash flow generated from operations and good working capital management. (b) Total Liabilities Total liability as of September 30, 2019 was 168.73mb, increasing by 61.42mb or 57.2% , m ainly due to the

industry-wide and regular cybersecurity drills are conducted to ensure effective risk management. In addition, the conference featured a panel discussion on the topic, “Perspectives on SEC Strategic

Development Private Limited (the "Developer") ("Marketing Support Service Agreement"). The Developer is a subsidiary of Singha Property Management Company Limited ("SPM"). SPM indirectly holds 95 percent of

business and management business increased 30.89% and 14.04% respectively from the same period of the previous year. It derived from the expansion of rental business at Lumpini Township Rangsit - Klong 1

56.95 40.01 42.17% 3. Income from management business 270.03 257.13 5.02% 4. Total main income 1,820.90 2,790.24 (34.74%) After Revision Statement of financial position as of 31st March 2020 and 31

% since there are no new projects completed in this quarter. However, the gross profit from sale increases 1.60%. At the same time, the income from rental property business and service and management