1 --Translation-- Sor Gor 7/2018 January 19, 2018 Subject: Management Discussion and Analysis for the year ended December 31, 2017 (Unaudited) To: The President The Stock Exchange of Thailand

1 --Translation-- Sor Gor 11/2018 February 22, 2018 Subject: Management Discussion and Analysis for the year ended December 31, 2017 (Audited) To: The President The Stock Exchange of Thailand

Ref: UWC 025/2562 November 13, 2019 Subject: Management Discussion and Analysis 3rd Quarter ended September 30, 2019 To: President The Stock Exchange of Thailand Ua Withya Public Company Limited

Operation of the Year 2019 Attention: Directors and Manager, The Stock Exchange of Thailand N.D. Rubber Public Company Limited (“the Company”) would like to present the MD&A for the Three- Month and Twelve

-1 -Translation- Ref. LPN/SorKor/146/2562 9th May 2019 Re: Financial Statements Analysis Report Q1/2019 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co.,Ltd. would like to

วันที่ 10 พฤษภาคม พ 1 Ref. LPN/SorKor/289/2561 8th November 2018 Re: Financial Statements Analysis Report Q3/2018 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co.,Ltd

% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited

discount since the demand and supply of biodiesel close to equilibrium. With deducting the effect of Stock Gain & NRV of THB 92 million, the Company had Adjusted EBITDA of THB 253 million, an increase of 18

was impacted from increase in methyl ester supply in Thailand which pressured to the profitability of methyl ester, Stock Loss & NRV due to dropped in crude palm oil price, and the declining of

Ref.No.IVL006/05/2018 14 th May 2018 President The Stock Exchange of Thailand Subject: Acquisition of Equity stake in Avgol Industries 1953 Ltd., Israel The Board of Directors’ Meeting No. 3/2018 of Indorama