28 February 2020 Subject Management Discussion and Analysis for the years ended December 31, 2019 To The President The Stock Exchange of Thailand Do Day Dream Public Company Limited (the “Company” or

Equity ratio as of February 28, 2017, decreased to 4.3 times from 4.9 times in the fiscal year 2015. Return on Equity and Return on Asset are to 18.5% and 3.3 %, respectively. In addition, the Board of

to an increase in bad debt recovery since the first quarter as well as commission income and gain on currency exchange. Moreover, the income for the nine-month period of company’s subsidiaries in

14 August 2019 Subject Management Discussion and Analysis for the six months period ended Jun 30, 2019 To The President The Stock Exchange of Thailand Day Dream Public Company Limited (the “Company

liabilities decreased by THB 131 million, mainly from repayment of long-term loans of THB 87 million, and THB 57 million gain from exchange rate changes in long-term loans. Dusit Thani PCL Management Discussion

Aug 14, 2018 Subject Management Discussion and Analysis for the six months period ended June 30, 2018 To The President The Stock Exchange of Thailand Do Day Dream Public Company Limited (the “Company

Nov 07, 2018 Subject Management Discussion and Analysis for the nine months period ended September 30, 2018 To The President The Stock Exchange of Thailand Day Dream Public Company Limited (the

14 November 2019 Subject Management Discussion and Analysis for the nine months period ended Sep 30, 2019 To The President The Stock Exchange of Thailand Day Dream Public Company Limited (the

wastewater treatment as the 30-year right exchange of service cost collection from the entrepreneurs in the industrial zone of the another subsidiary since the return received in the future is not worth the

- Translation - Page 1 of 4 CBG 013/2020 8 May 2020 Subject Management discussions and analysis for the 3-month period ended 31 March 2020 To President The Stock Exchange of Thailand We, Carabao