Management Discussion and Analysis For the fourth quarter and year ended December 31, 2019 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd, Silom, Bangrak, Bangkok 10500

Management Discussion and Analysis For the Annual Operating Results 2018 Ended December 31, 2018 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the vision

Management Jaymart Public No. IR60/0 Subject: Attention: Regarding 6/2017 on the Comp which has follows; The Comp of 130.8 m profit marg subsidiarie net profit o percent ca growth es performan Summary es vice

management of NCL International Logistics Public Company Limited and its subsidiaries (the "Company") on the Company's financial statements for the 6 months ended June 30, 2019 that changed more than 20

to the expansion of the electric train network to more outer city locations. In addition, this group of customers has the objective of buying for real residence and there is still fluctuation of demand

million baht compared on the same period from last year, or 311.6%, according to the plan in which The Group has expanded the proportion of housing projects. Due to the expansion of the sky train network to

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 6 May 2021 No. ZEN 2564-009 Subject Management Discussion and Analysis for the 1st

Eng_MD&A Q2'18 (Translation) August 14, 2018 Ref: SET-2018-016 Re: Management Discussion and Analysis for Quarter 2’ 2018 Attn. to: President The Stock Exchange of Thailand Filter Vision Public

revenue under Concession Agreements 5% Cost of Jan-Jun 2019 = 1,311.59 million Revenue of Jan-Jun 2019 = 2,360.75 million EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT

E_1 Legal_FA_2015_12_29-c A HibrWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2018 The Thai economy in the third quarter of 2018 grew at a