resulted from rising salesperson and management expenses in order to accommodate the Company’s expansion and the Company has set aside Employee benefit obligations in accordance with severance payment as the

-Translation- No. ECF2 031/2019 August 14, 2019 Subject: Management Discussion and Analysis of the 2nd quarter ended June 30, 2019 To President The Stock Exchange of Thailand East Coast Furnitech

26 July 2018 At: ACC/HO 021/18 Re: Management Discussion and Analysis for the three-month period and six-month ended 30 June 2018 To: President The Stock Exchange of Thailand The Thai economy

Management Discussion and Analysis for the third quarter ended September 30, 2019 Attention The President The Stock Exchange of Thailand Attachment Report and interim financial statement for the third quarter

strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4

Ref. No. IVL 002/11/2018 Nov 8, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama

PowerPoint Presentation Management Discussion and Analysis 3rd Quarter of 2020 Q3/2020 Q3/2020 and Recent Highlights In the third quarter of 2020, economic factors that affected company's results of

(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16

Bt78,463mn grew 6.3% supported by cost management, with margin 42. 8% vs guidance of to maintain EBITDA margin. Net profit was Bt31,051mn, increased 4.6% YoY and invested CAPEX was Bt20mn versus the guidance

not connected persons of the Company or the Buyer as (1) directors and management of the Company; (2) authorized controllers; (3) major shareholders; (4) persons to be nominated as management or