Translation (Translation) - 1 - Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand cannot

fund managers responsible for investment management and custody arrangements. This initiative also aims to enhance the capabilities of Thai business operators and support the further development of a

-9.6% Administrative expenses 341.9 12.5% 435.6 16.3% 93.7 27.4% Total Expenses 564.3 20.6% 636.7 23.9% 72.4 12.8% Operating Profit 344.5 12.6% 352.6 13.2% 8.0 2.3% Finance Cost 120.1 4.4% 150.3 5.6

-One coal-fired power plant, which account for 67% of the total Normalized Net Income decrease. In 2Q2020, GHECO-One continued solid operating performance with zero unplanned outage in 2Q2020. However

Discussion & Analysis Q3/2022 Operating Highlights in Q3/2022 Q3/21 Q3/22 Change +/(-) 9M/21 9M/22 Change +/(-) (THB million) %YoY %YoY Operating Revenue 115 246 114% 431 674 56% Gross Profit 60 159 165% 242

period ended 31 March 2020 2019 Change The number of operating hotels Hotel 5 637 50.5 4,311 5 637 75.7 4,592 - - (25.2) (6.5) The number of rooms Room Occupancy rate % Average daily room rate Baht/Room

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. FORM 56-REIT1 Annual Registration

copy in Thai and English) 2. Management Discussion and Analysis (MD&A) for the third quarter of 2017 (a copy in Thai and English) 3. Company's performance report, Form F45-3 for the third quarter of 2017

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Office of the

UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. 30 Notification of the Office of the