: Management Discussion and Analysis for the year ended 31 December 2017 To : The President The Stock Exchange of Thailand Summary of the Company’s Financial Position and Operating Result for the year ended 31

subsidiary companies in Q1/2019 is 2,790.24 million THB, increasing 290.71 million THB or 11.63% from Q1/2018. The income from sales, rent and service and management fee increased 10.71%, 44.17% and 16.99

sales of real estate 5,612.6 84.3 5,826.2 85.8 213.6 3.8 Revenues from project management 603.7 9.1 422.7 6.2 (181.0) (30.0) Dividend income - - 0.3 0.0 0.3 100.0 Gain from transfer of right for land

, working people and investors who buy and rent out condominium units. Apart from residential property development, the Company also provides real estate services and management service to other organizations

3,689.6 91.9 8,837.2 82.6 5,147.7 139.5 Revenues from project management - - 1,037.4 9.7 1,037.4 100.0 Gain from transfer of right for land purchase and sale agreements - - 312.0 2.9 312.0 100.0 Gain on

subsidiary, please kindly find the following attachment. Please kindly be informed accordingly. Yours faithfully, Mr. Geza Emil Perlaki Managing Director For period ended 31 December 2018 MANAGEMENT DISCUSSION

Operating Results 1. Organizational structure and operation of the group of companies 3 2. Risk management 12 3. Business sustainability development 13 4. Management discussion and analysis (MD&A) 17 5

Classification : ใชภ้ายใน (Internal) Table of Contents Page Part 1: Business Operation and Operating Results 1. Organizational structure and operation of the group of companies 3 2. Risk management 12 3. Business

Techakasem) Managing Director www.filtervision.co.th Attachment No. 1 Financial assistance to KT Medical Service Company Limited The Board of Directors’ Meeting No. 1/2020 on February 28, 2020 at 2.00 p.m

goals. Hence, determination of regulations on supervision of derivatives clearing houses, efficient use of information technology (IT governance), and implementation of appropriate risk management and