) 110 3% 262% 236 42 (82%) Operating Results of the Company Shares of Profit of Associates and Joint Ventures GPSC - Q2/2020 Management Discussion and Analysis (MD&A) Summary of Financial Position of the

. Assets 5. Legal disputes 6. General information and other material facts Part 2: Management and Corporate Governance 7. Securities and shareholders 8. Organizational structure 9. Corporate governance 10

(unit: THB million) 2019 (2nd Quarter) Percentage 2018 (2nd Quarter) Percentage associate Management benefit expenses (8.67) (113.63) (9.84) (1,929.41) Financial cost (0.08) (1.05) (0.10) (19.61) Share of

impairment of investments in associate (0.01) (0.05) (1.64) (268.85) Management benefit expenses (11.30) (58.89) (14.16) (2,321.31) Financial cost (0.12) (0.63) (0.14) (22.95) Share of loss in associates

Costs - - 9.35 72.09 Administrative expenses, impairment finance costs and share of loss from associates 28.78 484.51 15.59 120.20 Management benefit expenses 5.21 87.71 5.78 44.56 Profit (Loss) before

No. IIG 001/2020 31 July 2020 Subject: Management discussion and analysis for the first quarter of 2020 Attn: Governors and President Market for Alternative Investment (mai) I&I Group Public Company

Baht. Progress on court’s consideration and legal enforcement of the main debtors 1.1 Media Agency Thai Co., Ltd. is a debtor in the Air Time Management Right Sale Contract. The debtor failed to follow

income and other income 53.24 100.00 188.89 100.00 Costs 20.59 38.67 114.29 60.51 Administrative expenses, impairment finance costs and share of loss from associates 108.96 204.66 50.22 26.58 Management

from dumping price by competitors 2) decrease in warehouse management solutions 3) even through less proportion on incremental in business forms and digital printing including revenue from packaging

October 30, 2020 Subject: The Management Discussion and Analysis for the year ended 31st December 2019 To: President The Stock Exchange of Thailand Well Graded Engineering Public Company Limited (“the