December 2017. Thus, we reiterate the revenue growth forecast for the Company at 20% for 2017. 1 The Nielsen Company (Thailand) Co,.Ltd. 2 MD&A 3Q 2017 (Ended 30 September 2017) MASTER AD PLC MANAGEMENT

the number of management and staffs to drive the growth.  Finance Cost decreased from Baht 148.1 million in 3Q2016, to Baht 104.3 million in 3Q2017 due to the loan repayment of Baht 4,000 which derived

TACC-003/2020 February 20, 2020 Subject: Management Discussion and Analysis for the year ended December 31, 2018 To: President The Stock Exchange of Thailand T.A.C. Consumer Public Company Limited

15 November 2017 Subject: Management Discussion and Analysis for the 9-Month Period Ended September 30, 2017 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public

Acc. 004/2019 August 8, 2019 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Quarter 2/2019 Dear Sir, S. Khonkaen Foods Public Company Limited

)236-835 150/18 Mitraparb Rd. Muang Khon Kaen Thailand 40000 Tel. (043) 333-555 Fax. (043)236-835 Ratchaphruek Hospital No. RPH-SET 11/20178 August 3, 2018 Subject : Management Discussion and Analysis

Acc. 006/2019 November 11, 2019 To: The President The Stock Exchange of Thailand Subject: Management discussion and analysis (MD&A) for Quarter 3/2019 Dear Sir, S. Khonkaen Foods Public Company

which Thailand has comparative advantage. Providing an enabling condition that encourages growth of the said businesses will certainly help them to play the key role in adding value to products and

Ref. No. IVL 007/08/2018 Aug 6, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

of the Company's profits was derived from the growth of its subsidiary's performance in the debt management business and the profits from other businesses of the group. Analysis of Financial Statement