(Translation) NEP-AC 003/2563 13 Aug 2020 Subject: Management Discussion and Analysis for Q2 end of 30 June 2020 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and

-1- AIT (VP-SEC) 026E/2020 August 10, 2020 Subject: Management's Discussion and Analysis of Operating Results for Q2-2020 To: The President of The Stock Exchange of Thailand Summary of Operations Q2

. . (.) (.%) (.) . .% . . . .% Management's Discussion and Analysis and operating results for the Quarter 3/2016 Page 3 / 8 Statements of Profit & Loss – Consolidated (Million Baht) For 3-month period ended September , Increase (Decrease) 2nd

university’s semester to April 2018. Share of profits from investment was THB 3 million, a 50% decrease yoy, primarily attributable to pre-operating expenses of Philippine Hoteliers International Center for

Margin -17.27% -1.18% Net Profit Margin -98.99% -121.11% Debt to Equity Ratio (Time) (16.47) 3.18 Total Expenses Summary of the Annual Operating Result as ended 31 December 2019 Construction Income In 2019

performance Statement of income Consolidated Financial Statements for Quarter 2 of 2019 Quarter 2 of 2018 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB Million % THB Million

period for our operations due to the COVID-19 pandemic. We temporarily closed non-food stores in accordance with the government requirement, while our food businesses still operated with reduced operating

) (26.8) Overview of the Q4–2022, total revenue and total operating expenses decreased from the Q3–2022 at a very similar rate of 8.3%, which decreased in line with the decrease in revenue. This is because

14,376.4mn as of 31 December 2018. The decrease was primarily attributed to the reduction of cash and short-term investment for Management Discussion & Analysis ( - translation - ) For operating result of 1Q

: The Secretary General The Securities and Exchange Commission Hot Pot Public Company Limited (“the Company”) would like to clarify the operating results for the year 2017 ended December 31, 2017 which