the Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 31 December 2017 As the Golden Lime Public Company Limited (“the Company”) has submitted the Auditor’s report on the

To : President The Stock Exchange of Thailand K. W. Metal Work Public Company Limited (the “Company”) would like to submit management discussion and analysis for the year ended December 31, 2018 with

page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017_revised To The President The Stock Exchange of

page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017_revised 2 To The President The Stock Exchange of

Stock Exchange of Thailand Attachment: Management Discussion and Analysis ended 31 March 2019 As Golden Lime Public Company Limited (“the Company”) has submitted the Auditor’s report on the Consolidated

% Deduct: Treasury stock (114) (114) +0% Total equity of parent Company's shareholders 1,093 1,128 -3% Non-controlling interests 123 126 -2% Total Shareholders' Equity 1,216 1,255 -3% Total Liabilities and

% Authorized share capital 140 140 +0% Issued and fully paid-up share capital 140 140 +0% Share premium 6 6 -0.0% Retained earnings 866 908 -4.6% Other components of equity 196 189 +4% Deduct: Treasury stock

1 (Translation) MD. 134/2019 August 7, 2019 Re: Management Discussion and Analysis For the Operating Results ended June 30, 2019 To: President The Stock Exchange of Thailand Management Discussion and

Quarter of 2019 and 6-months period ending 30 June 2019 To The President The Stock Exchange of Thailand We, ZEN Corporation Group Public Company Limited (“the Group”), are pleased to provide you our

1Q19 and 2Q19 for BT294.76mn. and dividend payment of Bt249.60mn. Key Financial Ratio Quarter Quarter Quarter 2/2018 1/2019 2/2019 Current ratio 0.53 0.63 0.61 Debt to Equity ratio 2.35 1.75 1.84