Microsoft Word - SorNor_21_2551_en_final (UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference

1 Ref. FN. 011/2019 Management Discussion and Analysis For operation of the year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 114/2562 August 9, 2019 Subject: Clarification of the Operating Result for the significant change Attention

1 RP-AC 003/2019 AUGUST 13, 2019 Subject: Clarification of the operating results for the second quarter of 2019 To: Directors and Managers of the Stock Exchange of Thailand Richy Place 2002 Public

1 of 8 Management Discussion and Analysis, for the quarter 2/2018 • The analysis of operating results for the six-month period ended of June 30, 2018 • The analysis of operating results for the three

(Translation) NEP-AC 002/2561 9 August 2018 Subject : Management Discussion and Analysis for 2nd Quarter ended 30 June 2018 To : The President The Stock Exchange of Thailand Operating Result NEP

and Analysis for the three-month period ended 30 Sep. 2018 To : Director and the President The Stock Exchange of Thailand Summary of the Company’s Financial Position and Operating Result for the 3 and 9

financial performance of E for L Aim Public Company Limited (“EFORL” or “the Company”) and its subsidiaries (collectively as “the Companies”) for Q3/2019 Financial performances Comparison is as follows: (Unit

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 GLOCON.018/2020 May 15th, 2020 Subject Management’s discussion and analysis for 1st quarter of 2020 Attn. The President The Stock Exchange of Thailand Management’s analysis Consolidated Financial