: Management discussion and analysis for the period three-month ended September 30, 2018 To Director and Manager of the Stock Exchange of Thailand Referring to the submission of the reviewed financial statements

Q1-2021 (Jan-Mar) operating results based on its reviewed consolidated financial statements ended 31 March 2021 as follows. Highlights on Q1-2021 Operating Results Unit : Million Baht Q1-21 Q1-20 Q4-20

Connection Corporation Public Company Limited “the Company” submitted the Financial Statements of the Company and subsidiaries for the Annual year 2023 ended December 31, 2023, that the Company has net loss of

following details. Financial performance Statement of income Consolidated financial statements for the year 2018 2017 Change (Audited) (Audited/Restated) Increase (Decrease) THB Million % THB Million % THB

1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19  Net profit was Bt145mn, decreasing 3.4%YoY  Total revenue from core

3,316 3,089 227 7.4 Profit before income tax expenses 1,115 3,688 (2,573) -69.8 Income tax expenses 175 699 (524) -75.0 Profit before share of profit from associates and NCI 940 2,989 (2,049) -68.6 Share

million 4.10 2. The operation results (from the consolidated finance statements) Item Second quarter of 2019 Second quarter of 2018 Profit (Loss) for three months attributable to equity holders of the

Baht 5.79 million 11.25 2. The operation results (from the consolidated finance statements) Item Third quarter of 2019 Third quarter of 2018 Profit (Loss) for three months attributable to equity holders

ending June 30, 2018 which has been audited by the independent auditor as follows: Statements of Comprehensive Income for the 2nd Quarter and 6 months of 2018 Note: During 1Q’17, the subsidiary has

Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. 1Q18 consolidated net profit grew 651% YoY, as the performance incorporated (non-cash) gains