November 13, 2019 Re : Management Discussion and Analysis for Q3/2019 To : Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated

statements do not conform to the generally accepted accounting standards, as PAF failed to consolidate the financial statements of Bangkok Rubber Saharattana Co., Ltd.  in the consolidated financial statements

Mr. Anurag Baheti Mr. Anurag Baheti, Senior Manager - Finance & Accounts of Polyplex (Thailand) Public Company Limited (“PTL”), knows the information on PTL’s performance in the consolidated and

results based on its audited consolidated financial statements ended 31 December 2017 as follows. Management’s Discussion and Analysis The following Management's Discussion and Analysis should be read in

Q3/17 Q4/17 Q1/18 Q2/18 Q3/18 Sales Revenue Net Profit Unit: Million Baht Page 2 3. Results of Operations and Profitability Consolidated (Unit: Million Baht) Q3/2018 Q3/2017 %YoY 9M/2018 9M/2017 %YoY

had been audited by the independent auditor. Details are as follows: 1. Main events of the Company 2. Summary of the Company’s operating results 3. Analysis of the consolidated financial performance 4

2020 which had been reviewed by the independent auditor as follows: 1. Summary of the Company’s operating results 2. Analysis of the consolidated financial performance 3. Analysis of the consolidated

. Operation performance according to consolidated financial statement For the three-month period (July 1, 2019 – September 30, 2019) Unit : Million baht 2019 2018 Revenue from sales and rendering of services

business partners including property developers and home specialists, we launched home loans with special interest rates and a low installment payment plan to customers seeking to purchase new homes

mental health, or property damage. 6 Rules and Regulations Key Points 12. Right-based Assets Act, B.E. 2562 (2019), published in the Government Gazette on April 30, 2019, effective October 27, 2019 onward