November 14, 2019 Re: Clarification of the operating results of company and its subsidiaries for the three month period end March 31, 2019 To: President The Stock Exchange of Thailand K.C. Property

million or 23.23% due to the subsidiary company. The write-off of receivables (student retirement) was from uncontactable students, and the rate of debt forgiveness in the past decreased. The allowance is

ended September 30, 2019 To The President and Director The Stock Exchange of Thailand Dear Sirs, Finansia Syrus Securities Public Company would like to disclose the reviewed consolidated and separate

improvement and equipment, Cash and Bank .And total liabilities at Baht increase Baht 28.42 million or 4.10%, cause of company had defaulted debt so have increase more interest rate default, account payable

liabilities at Baht increase Baht 24.79 million or 3.53%, cause of company had defaulted debt so have increase more interest rate default, account payable, other payable, which for working capital and project

Baht 24.79 million or 3.53%, cause of company had defaulted debt so have increase more interest rate default, account payable, other payable, which for working capital and project, Decrease on Deposit

14.0 million). Other income mainly came from gain from selling scrap and assets of company such as palm shell Baht 5.2 million, gain from exchange rate of UFC Baht 4.3 million, and selling palm shell of

Page 1 Date 11 November 2020 Re: Management Discussion & Analysis for the 9-months period Ended 30 September 2020 To The President of the Stock Exchange of Thailand (SET) CHAOPRAYAMAHANAKORN PUBLIC

from the effect of foreign exchange rate (549) Net decrease in cash (11,939) - Net cash received from operating activities was Baht 2,383 million from operating of EGCO and its subsidiaries. Page 14

operating activities 3,153 Net cash used in investing activities (4,411) Net cash used in financing activities (2,306) Effect of exchange rate to cash and cash equivalent 8 Net decrease in cash and cash