GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

(Translation) 9 April 2019 Subject: Disclosure of Additional Information on the Tender Offer for the Securities of Glow Energy Public Company Limited (Form 247-4) No.1 Attention: Secretary-General

1 ASIA’S BOUTIQUE AIRLINE Management’s Discussion and Analysis For the period ended 31 December 2019 Bangkok Airways Public Company Limited and Its Subsidiaries 2 ASIA’S BOUTIQUE AIRLINE Bangkok

ent of the tot d and structu ant land, total Resolutions Calling the Ex ger e of Thailand randum on th f Assets for B c Company , on 19 Dec ution on a dis he potential i in pursuing s expertise, a at

Stock Exchange of Thailand Filter Vision Public Company Limited and its subsidiaries (Hereinafter called “The Group”) would like to submit Management’s discussion and analysis for the Year 2017 with the

Tender Offer for all Securities in Thai British Security Printing Public Company Limited, Increase of the Registered Capital, Allocation of the Newly Issued Ordinary Shares to the Company’s Existing

Capital, Conditional Voluntary Tender Offer for all Securities in Thai British Security Printing Public Company Limited, Increase of the Registered Capital, Allocation of the Newly Issued Ordinary Shares to

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2018 Ended September 30, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2019 Ended September 30, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

such income was recorded for interest received from damaged pipeline at Phayathai Skytrain Station at Bt4.3 million. The Group had a Net profit attributable to Equity holders of the Company of Bt231.2