Management Discussion and Analysis For the fourth quarter and year ended December 31, 2019 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd, Silom, Bangrak, Bangkok 10500

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profit from associated companies. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 7 of 13 Financial position Assets For the consolidated financial

assets) in investment in property and other non-current assets. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2018 Page 7 of 13 Total assets as at June 30, 2018

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Disposition of Assets of the Company (Amended) Attention: President, The Stock Exchange of Thailand A resolution of the Board of Directors Meeting No. 3/2019 of Seven Utilities and Power Public Company Limited

- ร่าง - 1 Nov 7, 2017 Subject Management Discussion and Analysis for the period of three months and the period of 1st half ended 30th September 2017 To President of the Stock Exchange of Thailand

- ร่าง - 1 Feb 13, 2018 Subject Management Discussion and Analysis for the period of three months and the period of nine months ended 31st December 2017 To President of the Stock Exchange of Thailand