December 31, 2019 To The President The Stock Exchange of Thailand Management’s Discussion and Analysis Consolidated Financial Statements For Year Ended December 31, 2019 Overall Group Performance Table 1

: Million Baht 2018 2019 Change (+/-) Q4/18 Q3/19 Q4/19 Change (+/-) • Comparing operating results in the consolidated financial statements between 2018 and 2019, our company operating’s result is lower that

(Shenzhen) Company Limited in the proportion of 70 percent of the total ordinary shares. The Company is required to recognize revenue. Into financial statements Resulting in a significant increase in service

to assign another of its auditors to perform the audit and express an opinion on the Company’s financial statements in their place, which shall be subject to the approval of the Annual General Meeting

financial statements The net profit of the Company and subsidiary companies decreases 631 million THB or 71.72% i.e. from 879.78 to 248.78 million THB as the income from sales has decreased 63.51% i.e. from

of Thailand The Board of Director’s meeting No. 7/2017 of General Engineering Public Company Limited on August 15, 2017 has approved and verified the financial statements of the Company and its

ZIGA Innovation Public Company Limited ("the Company") would like to clarify operating performance of the Company three-month for the Quarter 2/2017 and consolidated financial statements ended 30th June

Company Limited (“the Company”) has already submitted the consolidated reviewed the 2 st quarter financial statements as of August 31, 2017 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit

company. After Revision -Translation- 2 Performance in Q3/2017 and 2016 Consolidated financial statements The net profit of the Company and subsidiary companies decreases 106.78 million THB or 34.50% i.e

the Compan al statement r of 2016 a e of net p ed account s net profit ar. This rep 7. Thus, the Q bts of ivable ed 017 ited cussion and nge of Thai ces PCL. ( statements r ending 30 esults can b ny and