= Translation = Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended September 30 , 2017 (Unit : Million Baht) 2017 2016 Inc./(Dec

LPG depot from PTT Plc. However, the Group has provided ammonia transportation service during 2017 by invest in ammonia truck, which made depreciation expense slightly increased 3. Conversion kit

1 Ref. FN. 011/2019 Management Discussion and Analysis For operation of the year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

Group has provided ammonia transportation service during 2017 by invest in ammonia truck, which made depreciation expense slightly increased. The ammonia transportation service for Q1 2018 was 24% of

Discussion and Analysis of Financial Condition and Results of Operations for the year 2556 Translation UWC 028/2018 August 10, 2018 Subject : Management Discussion and Analysis for quarter 2-2018 To

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Quarter 1 Year 2018 Ended March 31, 2018 Note: This Management Discussion and Analysis (MD&A) was

revenue at a higher proportion than total expense as a result of the Company’s efficient cost management . Significant Events Financial Performance Management Discussion & Analysis Q1/2023 Executive Summary

สินทรัพย์สุทธิถวัเฉล่ีย ค่าธรรมเนียมการจดัการ (Management Fee) 149.77 0.41 ค่าธรรมเนียมผูดู้แลผลประโยชน์ (Trustee Fee) 3.99 0.01 ค่าธรรมเนียมนายทะเบียนหน่วยลงทุน (Share Registrar Fee) 31.95 0.09 ค่าธรรมเนียม

Ref. No. IVL [002/08/2019] 8 August 2019 The President The Stock Exchange of Thailand Subject: Submission of Quartely Review of Financial Statements and the Management Discussion and Analysis of

expense was to support future Dusit Thani PCL Management Discussion and Analysis 2017 P a g e | 4 business expansion. Without the non-recurring profit related to sale of Dusit Princess Korat, core EBITDA