Limited (“the Company”) would like to submit this Management Discussion and Analysis for the three-month period ended 31 March 2019 with details as follows: Summary overview In the first quarter of 2019

& Senior Vice President Nawarat Patanakarn Public Company Limited (Translation) NAWARAT PATANAKARN PUBLIC COMPANY LIMITED SUMMARY OF FINANCIAL POSITION AND PERFORMANCE FOR THE PERIOD OF ONE THREE MONTHS

Company has net profit of Baht 191 million in Q1/2018. Financial Performance Summary – by business Revenues by business THB’000 Consolidated Q1/2019 Q1/2018 ∆% Distributor of medical devices and equipment

incurred in marketing expenses and employee expense from coffee shop business. Summary of Financial Statement of Positions 30-Jun-19 31-Dec-18 Change %Change Assets Cash and Cash Equivalents 232.7 21.4 211.3

Limited (“the Company”) would like to submit this Management Discussion and Analysis for the six-month period ended 30 June 2019 with details as follows: Summary overview In the first six months of the year

Management Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.17 31.12.18 30.06.19 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,119 1,154 1,159 Total Assets 1,242 1,268 1,275 Current

. Thus, the details of the Company group can be described as follows: Management Discussion and Analysis, Q2/2019 Page2/4 Summary of Income Statement Unit: Million Q2/2018 Q2/2019 Change % Change 6M/2018

real estate 1,991 3,013 (1,022) (34) Rental and service income 318 295 23 8 Other income 70 71 (1) (1) Total revenues 2,379 3,379 (1,000) (30) In summary, the Company and its subsidiaries generated total

81.58 million which decreased by 8.51% compared to the 1H18’s net profit which was Baht 89.17 million. The clarification, along with a summary of the Company’s operating results is shown in the table

new clubhouse. For the property management business, revenue for the first half was THB 26.34 million, increased by 41.65% from the same period of last year. In summary, revenue from rent and service