would like to clarify the change in operating results the year ended December 31, 2018 with details as follows: Unit : million baht Statement of financial position For the year ended 31 December 2018

(“Company”) and its subsidiaries (“The Group”) would like to clarify operating results for the 3rd quarter of 2019 as follows: 1. Performance Analysis 2019 2018 % 2019 2018 % Revenue from steel tower

1 Ref: AC.008/2020 25 February 2020 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating

previous year in the amount of THB 296 million or equivalent to a decrease of 3.9 percent as a result of the operating results of Domestic restaurant and bakery business and overseas restaurant business that

: Million Baht 2018 2019 Change (+/-) Q4/18 Q3/19 Q4/19 Change (+/-) • Comparing operating results in the consolidated financial statements between 2018 and 2019, our company operating’s result is lower that

loss was from the strengthening of the baht. The company policy is to cover forex risk with forward contracts results in a forex loss of 0.23 million baht or an increase of 0.04 million baht representing

sell a portion of their shares at par price to another co-developer who will at certain point in the future also become a co- shareholder of Gulf WHA MT). The results of both approaches are the same i.e

, 471 ATMs, and over 17,500 member dealers to provide quality financial services to AEON cardholders. Operating Results Revenues In the first half of fiscal year 2017, the total consolidated revenues were

results of the low base in the previous year, the launch of new car models, new car purchase from the end of the first car scheme, overall growth in the economy and the marketing promotions of car

Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s Discussion and Analysis Performance for the Period Ended December 31, 2017 Operating Results For the year 2017, the Company