DCORP 025/2020 May 13, 2020 Subject: Management Discussion and Analysis – Explanation of net profit for the quarter ended March 31, 2020 and the increase in the overall operations of more than 20 percent

DCORP 041/2020 August 13, 2020 Subject Management Discussion and Analysis – Explanation of net profit for the quarter ended June 30, 2020 and the increase in the overall operations of more than 20 percent

working capital for the payment of the share acquisition. 9) Opinion of the Board of Directors on the transaction The Board of Directors has considered and conducted study on acquiring of UWT and deemed

of the Company to conduct a study on impacts and possible solutions. Subsequently, the Board of Directors has received the result of the management’s study on the chain of water receiving process of

) Summary of management’s discussion and analysis: describe only significant items

for the use of IPO proceeds and the Country’s official economic and investment developing plan. The Board has authorized a special task force team to conduct feasibility study via any risks associated

or investing in capital market product whether or not the analysis is fundamental or technical, in conjunction with such consultation. “ fundamental analysis ” means an analysis to seek an appropriate

providing investment consultation to investors and being allowed to analyze investment, relating to the value and appropriateness for trading or investing in capital market product whether or not the analysis

and methods specified in the Licensing Manual for the Public and notify the issues derived from the examination of such facts for the applicant to clarify within the period specified by the SEC Office

examination of the working paper and the audit quality control system and specify the list of working papers to be examined; - On-site inspection, notify and confirm the issues found verbally; - Consider the