Ref. FN. 036/2017 Management Discussion and Analysis For operation of the second quarter of year 2017 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Ref. FN. 040/2017 Management Discussion and Analysis For operation of the third quarter of year 2017 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

1 Ref. FN. 011/2019 Management Discussion and Analysis For operation of the year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

1 Ref FN. 036/2019 Management Discussion and Analysis For operation of the second quarter of year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

1 Ref. FN. 033/2018 Management Discussion and Analysis For operation of the second quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

Ref. FN. 075/2018 Management Discussion and Analysis For operation of the third quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

1 Ref FN. 031/2020 Management Discussion and Analysis For operation of the second quarter of year 2020 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

1 Ref FN. 023/2020 Management Discussion and Analysis For operation of the first quarter of year 2020 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

1 Ref FN. 047/2019 Management Discussion and Analysis For operation of the third quarter of year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the