last year, total expense to total revenue ratio for the first six months of 2017 and 2018 was 15.25% and 12.46%, respectively. 1. Overview of operating results of the Company and subsidiaries

[COMPANY NAME] Ref.: EFORL IR 036/2019 November 14, 2019 Subject: Management Discussion and Analysis Quarter 3 Ending 30 September 2019 To President The Stock Exchange of Thailand 1. Overview

: Overview of the operating result for the year ended December 31, 2018 The company’s total revenue for the year ended December 31, 2018 was THB 206,575 million, increased by THB 18,577 million from the same

IDH-AC-000-อส6305/04.00 11 May 2020 Re: Management Discussion and Analysis Operating results for the three-month period ended 31 March 2020 To: President The Stock Exchange of Thailand Overview of

-1- AIT (VP-SEC) 025E/2023 August 10, 2023 Subject: Management's Discussion and Analysis of Operating Results for Q2-2023 To: The President of the Stock Exchange of Thailand Summary of Operations Q2

the issuer. The Risk Factors section is intended to be a summary of more detailed discussion contained elsewhere in the registration statement. 2. Provide the disclosure in a separate section titled

quarter of 2017, amounting to THB 4,185 mm, which carried higher interest rate. PERFORMANCE BY BUSINESS Rental Properties Business Q3 2016 Q3 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 464.3

costs. Summary of Performance For Q1 2018, the Company and its subsidiaries recorded net profit of 954 MTHB, increased by 184 MTHB or 23.9% comparing with Q1 2017. This increment was mostly caused by the

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 2019: A remarkable year with 40% capacity

is SBITO’s latest audited annual financial accounts. The Company’s Board of Directors has considered and resolved that the price of the investment disposition was appropriate. Summary of SBITO’s