-Translation- 1 -Translation- Ref. NCH 035/2020 August 10, 2020 Subject : Management’s Discussion and Analysis 2Q/2020 Attention : President The Stock Exchange of Thailand N.C. Housing Plc. (“the

-Translation- 1 -Translation- Ref. NCH 011/2018 February 26, 2018 Subject : Management’s Discussion and Analysis for the year 2017 Attention : President The Stock Exchange of Thailand N.C. Housing

estate: Sales of real estate for the year ended 2019 decreased by Baht 5,308 million or 36% decrease compared to the same period of 2018. This was due to a decrease in revenue from housing projects by Baht

Houses Public Company Limited and its subsidiaries (“The Company and its subsidiaries”) would like to report its financial performance for the First Quarter ended 31 March 2018 and 2017 with the detail as

-Translation- 1 -Translation- Ref. NCH 006/2019 February 27, 2019 Subject: Management’s Discussion and Analysis for the year 2018 Attention: President The Stock Exchange of Thailand N.C. Housing Plc

. Housing Plc. (“the Company”) would like to report the operating results for the year 2019 ending December 31, 2019 as follows: In 2019, the Company and its subsidiaries reported net profit of Baht 18.67

-Translation- 1 -Translation- Ref. NCH 022/2019 May 13, 2019 Subject : Management’s Discussion and Analysis 1Q/2019 Attention : President The Stock Exchange of Thailand N.C. Housing Plc. (“the

%) (18.75) -18% 3. Other income 2.06 3.42 8.31 (1.36) -40% 4. Selling expenses, administrative expenses and financial cost 63.99 63.97 55.22 0.02 0% 5. Income tax expenses 7.23 9.96 9.60 (2.73) -27% 6. Net

, resulting in a downward revision for Thailand’s GDP forecast. The outbreak disrupted employment and increased financial system vulnerabilities. However, at its meetings on June 24 and August 5, the MPC

. While the revenue from transferring ownership of housing projects for the Third quarter period of 2017 decreased by Baht 38 million or 1% decrease compared with the same period in the precedent year. The