provide Management Discussion and Analysis for the year ended 2019 as follows: Overview of the operating result for 2019 The company’s total revenue for year ended 2019 was THB 196.60 million, increased by

2017_Q3_MDA_ENG Ocean Glass Public Company Limited Page 1/3 Management Discussion and Analysis Operating Results In the 3rd quarter of 2017, Ocean Glass Public Company Limited and Subsidiaries (“the

รายงานการประชุมคณะกรรมการบริษัท ครั้งที่ 2/2547 -Translation- Date : 12 March 2019 Subject : Management Discussion and Analysis for the operating results for the year ended 31 December 2018 To

1/3 L-WAVE ENT 19/2019 14 August 2019 Subject : Management’s Discussion and Analysis for the six-month period ending 30 June 2019 operating results that varied more than 20% compared to the same

ที่ บช NO. AC.03/2020 14 August 2020 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development Plc

% Foreign exchange gain (loss) (362) 74 99 (588)% (466)% EBITDA 6,066 5,486 8,393 11% (28)% Depreciation and amortization 4,880 4,464 3,986 9% 22% Operating income 1,185 1,022 4,407 16% (73)% Share of profit

compared to Q2/2016. The company’s operating revenue in Q2/2017 was Baht 5,459 million, increased by Baht 93 million or 2% from Q1/2017, resulted mainly from the increase in operating revenue of IRPC Clean

Owner of the Company 2,131.87 2,048.02 83.85 4.1 Earnings per share (Baht) 1.47 1.41 Fuel Cost 8,296.77 8,090.95 * Restated Increase (Decrease) % Quarter 2 The operating result according to the

115.21 (18.77) 12.98 (33.13) (68.73) Total other operating income 91.60 146.79 (37.60) 48.11 169.22 (49.14) Total operating income 10,103.79 7,981.74 26.59 2,422.11 22.20 (15.84) Total other operating

Analysis (MD&A) 3 Q2/2020 Operating Results Overall operating results of the Company and its subsidiaries (unit: THB million) Q2/19 Q1/20 Q2/20 change +/(-) 6M/19 6M/20 Change +/(-) YoYYoY QoQ Operating