MDA Q2_61 EN -Translation- No. ECF2 033/2018 August 15, 2018 Subject: Management Discussion and Analysis of the 2nd quarter ended June 30, 2018 To President The Stock Exchange of Thailand East Coast

East Coast Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the separate and consolidated financial statements of the 3rd quarter ended

. East Bangkok Assets Co., Ltd. Mrs. Sutasanee Karnasuta and Mrs. Sutheera Phuttharee are the authorized directors and shareholders of East Bangkok Assets Co., Ltd. Both are the younger sisters of Mr

company’s real estate project. The Company orders this company to repay the debts by installments according to its business’s net cash flow. East Bangkok Assets Co.,Ltd. Mrs.Sutasanee Karnasuta and

estate project. The Company orders this company to repay the debts by installments according to its business’s net cash flow. East Bangkok Assets Co.,Ltd. Mrs.Sutasanee Karnasuta and Mrs.Sutheera

regions such as Middle East , Latin America , Europe and Africa. Following the appointments distributors and agents in Mexico , Chile , Brazil , Peru and Egypt , we have realized some repeated orders which

, compared to 307,760 units in Jan-Mar 2016. Decreases were seen in many markets, mainly in Asia, Middle East, Central and South America, and Africa. Profit & Loss Analysis (Unit: Million Baht unless otherwise

risks and substantial returns, in South East Asia and beyond, targeting area’s in Energy, Eco and Materials. Other M&A targets, when encouraging, will also be considered. Please be informed accordingly

: LAGUNA RESORTS & HOTELS PUBLIC COMPANY LIMITED MENA: MENA TRANSPORT PUBLIC COMPANY LIMITED MPIC: M PICTURES ENTERTAINMENT PUBLIC COMPANY LIMITED NER: NORTH EAST RUBBER PUBLIC COMPANY LIMITED ORI: ORIGIN

market accounts for 60% of the total Company sales, therefore, it remains very critical to the Company to expand our reach to new regions such as Middle East, Latin America, Europe and Africa. Following