organizations, i.e., the Stock Exchange of Thailand (SET), the Federation of Accounting Professions under the Royal Patronage, the Thai Institute of Directors, the Thai Listed Companies Association, the MAI

: Management’s Discussion and Analysis for Year 2019 ended as of December 31, 2019 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall

- ร่าง - 1 Feb 13, 2018 Subject Management Discussion and Analysis for the period of three months and the period of nine months ended 31st December 2017 To President of the Stock Exchange of Thailand

-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 (Revised) To: The President The Stock Exchange of Thailand 1. Analysis of

during the 1st Quarter 2019. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward contract from

performance. As for the oil trading business operated by BCP Trading Pte. Ltd., there was an increase in trade and transactions volume of crude oil and finished products. A result of the company moving forwards

and gains on investments. The increase in net fees and service income V3 10/05/61 16:26 น. 3 was mainly attributed to a rise in fee income from mutual funds and loan-related services. The Bank’s

- ร่าง - 1 February 11, 2020 Subject Management Discussion and Analysis for the periods of three months and nine months ended 31st December 2019 To President of the Stock Exchange of Thailand

-152.90 -6.67 Net cash from (used in) financing activities -114.04 -216.29 Effect of exchange rate to cash and cash equivalent 0.02 0.07 Net increase (decrease) in cash -182.92 60.11 3. Cash flows For the