/2019 as Planned As of 30 June 2019, there were altogether 38 operating branches in Thailand. According to the company’s plan to open 8-10 branches in 2019, 6 branches have already been launched in the

- ร่าง - 1 February 11, 2020 Subject Management Discussion and Analysis for the periods of three months and nine months ended 31st December 2019 To President of the Stock Exchange of Thailand

13_MDA Q1_2563 EN -Translated Version- No. ECF2 018/2020 May 15, 2020 Subject: Management Discussion and Analysis of the 1st quarter ended 31 March, 2020 To President The Stock Exchange of Thailand

1,240.35 (112.24) (9.05%) 2. ECONOMIC SITUATION Thailand economic situation in Q2/2020 in Central and Eastern regions contracted compared to the same period of 2019 due to the COVID-19 pandemic, which are

(25.36) (5.55%) Depreciation 137.32 124.10 13.22 10.65% Amortization 82.61 78.25 4.37 5.58% EBITDA 651.85 659.62 (7.77) (1.18%) 2. ECONOMIC SITUATION Thailand economic situation in Q1/2020 in Central and

compensation for design and construction to related person. To: Managing Director The Stock Exchange of Thailand Reference: 1. Capital Increase Report Form (F53-4) 2. Report of Information Memorandum on the

Carnival Magic Project, and compensation for design and construction to related person. (Update) To: Managing Director The Stock Exchange of Thailand Reference: 1. Capital Increase Report Form (F53-4) 2

Thailand Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2004 (Including Amendments) (collectively, "Notification of Acquisition and

may be greater. As a result, the company is required to disclose information memorandum pertaining to the transaction to the Stock Exchange of Thailand, together with appointing an Independent Financial

Industry In the first quarter of 2021, Thai economy continued to contract when compared to the same period last year, due to the new wave of the COVID-19 outbreak and containment measures strictly