Microsoft Word - ORI_MDA_Q1'20_EN PAGE 1 ORI-FA002/2563 Dated May 14, 2020 Title: The operating results of Origin Property Public Company and its subsidiaries for the first quarter ended March 31st

Page 1 of 6 Performance Overview In 2017 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a consolidated net profit of Bt572mn, representing a growth of 236% YoY with

Bt1,120.9 million according to Labor Protection Laws as TAS no.19 on employee benefits. Page 8 of 8 2.3 Shareholders’ Equity As at September 30, 2019, total shareholders’ equity was of Bt7,756.3 million

according to Labor Protection Laws as TAS no.19 on employee benefits. Page 7 of 7 2.3 Shareholders’ Equity As at September 30, 2018, total shareholders’ equity was of Bt7,670 million, increased from December

as LQSF’s total liabilities recognition of Baht 167 million, mainly due to loans from financial institutions of Baht 80 million and trade payables of Baht 64 million. Page 8 Shareholders' Equity As at

financial institutions for the use of the Company’s working capital and investments. Page 7 Shareholders' Equity As at 31 December 2017, the Company and its subsidiaries had total equity of parent Company's

Discussion and Analysis Quarter 2 Ending 30 June 2019 G Steel Public Company Limited Page 8/12 Consolidated Statement of Financial Position (Continued) 30 June 31 December Liabilities and equity 2019 2018

hold 100 percent of stake, have been commenced Commercial Operation Date on July 20, 2017 and October 1, 2017 respectively. This increased total equity contracted capacity by 322 megawatts. Page 8 These

263,744,279 Baht Total Non-Current Liabilities 379,532,474 Baht Total Liabilities 643,276,754 Baht Issued and Paid Share Capital 195,000,000 Baht Page 12 of 14 Total Equity 6,935,306,561 Baht Total Revenue

Analysis for the 2nd Quarter 2019 Page 8 of 13 Shareholders’ Equity As at June 30, 2019, the consolidated shareholders’ equity in amount of THB 12,985.78 million, an increase of THB 259.59 million or 2.04