TACC-003/2020 February 20, 2020 Subject: Management Discussion and Analysis for the year ended December 31, 2018 To: President The Stock Exchange of Thailand T.A.C. Consumer Public Company Limited

15 May 2018 Subject: Management Discussion and Analysis for the 3-Month Period Ended March 31, 2018 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public Company Limited

mm in the third quarter of 2017. Expenses analysis Q3 2017 Q3 2018 Increase/(Decrease) 9M 2017 9M 2018 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm % Selling expense 40.9 33.0 (7.8

Business, in 2019 was 363.7 million Baht, an increase of 75.0 million Baht from 2018 or 26.0 percent, with revenue Management Discussion and Analysis (MD&A) 2019 Page 3/6 from debt tracking services

9 month period of 2018, the Company’s net profit report at 374.3 million baht which increase 26.1% from the same period last year.   Management Discussion and Analysis, Q3/2018 Page4/5 JMT Network

1 Forth Smart Service Public Company Limited (FSMART) 2Q17 Management Discussion and Analysis Operational Summary in 2Q17  Total revenue from core business was Bt769mn, an increase of 48.0% YoY

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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

Page 1 of 5 GEL.CS.021/2561 14 August 2018 Subject Management Discussion and Financial Analysis for the operating results of the second quarter of 2018, ended 30 June 2018 To Director and Manager The

(MD&A) Q2/2018 2Management Discussion & Analysis The company’s operating revenue in Q2/2018 was Baht 6,563 million, increased by Baht 847 million or 15% from Q1/2018, resulted mainly from the increase