No. ACC 07/2017 SUBJECT EXPLANATION FOR THE INCREASE IN NET PROFIT OF OVER 20 PERCENT FOR YEAR 2016, COMPARED TO THE PREVIOUS YEAR ATTENTION PRESIDENT, THE STOCK EXCHANGE OF THAILAND Khon Kaen Sugar

: Management explanation and analysis for three-month period ended 30 June 2019 Attention: The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited ( “the Company” ) would like to

page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017 To The President The Stock Exchange of Thailand 1

page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017_revised To The President The Stock Exchange of

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Quarter of 2019 and 6-months period ending 30 June 2019 To The President The Stock Exchange of Thailand We, ZEN Corporation Group Public Company Limited (“the Group”), are pleased to provide you our

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million THB respectively, resulting in gross margin of 15.00% and 16.47%. Cost of sales can be broken down for turnkey business and for supply and maintenance of which mostly are materials, service / sub