2017 MDA_ENG (revised 19Feb18) Ocean Glass Public Company Limited Page 1/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s Discussion and Analysis Performance

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

MOSAIC INDUSTRY PUBLIC COMPANY LIMITED UPOIC: UNITED PALM OIL INDUSTRY PUBLIC COMPANY LIMITED WIN: WYNCOAST INDUSTRIAL PARK PUBLIC COMPANY LIMITED WINDOW: Window Asia Public Company Limited   Reset INDEX

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...

BEC: BEC WORLD PUBLIC COMPANY LIMITED BEM: BANGKOK EXPRESSWAY AND METRO PUBLIC COMPANY LIMITED BEYOND: BOUND AND BEYOND PUBLIC COMPANY LIMITED BGC: BG CONTAINER GLASS PUBLIC COMPANY LIMITED BGRIM

2018_Q3_MDA_ENG-Rev Ocean Glass Public Company Limited Page 1/3 Management Discussion and Analysis Ocean Glass Public Company Limited Management Discussion and Analysis Consolidated Financial Results

3,164 million1. The total investment value will not exceed USD 350 million or Baht 11,073 million1. Summary of investment structure 1 Exchange rate at Baht 31.6373 per USD 1, which is an average selling

JUCKER PUBLIC COMPANY LIMITED BERYL 8 PLUS PUBLIC COMPANY LIMITED BETAGRO PUBLIC COMPANY LIMITED BETTER WORLD GREEN PUBLIC COMPANY LIMITED BEYOND SECURITIES PUBLIC COMPANY LIMITED BG CONTAINER GLASS PUBLIC

2018_Q1_MDA_ENG Ocean Glass Public Company Limited Page 1/2 Management Discussion and Analysis Operating Results In the 1st quarter of 2018, Ocean Glass Public Company Limited and Subsidiaries (“the