: Management explanation and analysis for three-month period ended 30 June 2019 Attention: The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited ( “the Company” ) would like to

: Management explanation and analysis for three-month period ended 31 March 2018 Attention : The President of, The Stock Exchange of Thailand ZIGA Innovation Public Company Limited (“the Company”) would like to

ที่ FPI Ref. FPI.024/2018 12 November 2018 Subject : Management Discussion & Analysis of Performance Results of Quarter 3/2018 To : Board of Directors and President of The Stock Exchange of Thailand

declined yoy whereas revenue per head remained on the rise. The increase of revenue per head was Operation : Consolidated Profit & Loss Statement 3Q 3Q % 9 mth 9 mth % Unit : THB million 2019 2018 change

Company and subsidiaries established the cost efficiency projects to optimize the production cost, waste management and tighter control of purchasing raw material to in- line with reduction in sales and

–2021 Balance by Quarter Change Q3-21 Q2-21 Q3-20 Q3-21 VS Q2-21 Q3-21 VS Q3-20 (Million Baht: MB) (MB) % (MB) % Total revenue 1,509.1 2,081.2 2,241.1 (572.1) (27.5) (732.0) (32.7) Total operating

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to

first six- month of the year 2017 ended June 30, 2017 as follows: Company’s Performance (unit: million Baht ) 2017 Percentage (%) 2016 Percentage (%) Change increase (decrease) (%) Total income and other

to change the image of the brand, prospect customer and planned to change marketing strategy together with the management way for better efficiency. Therefore, the Company sold the right to claim of

Company emphasizes first and foremost on effective cash management. In the meantime, the Company has requested the support to ease cash utilization from financial institution and its business partners