No: AH 02022023 February 28th, 2023 Subject: Management Discussion & Analysis (MD&A) for the financial statements of fiscal year 2022 ended as of December 31, 2022 To: The President The Stock Exchange

President The Stock Exchange of Thailand AAPICO Hitech Public Company Limited (“the Company”) would like to explain the consolidated financial statements of the Company for the 3rd quarter of fiscal year 2024

process is to prevent the Company from being bankruptcy and to maintain the right and shareholdership, especially retail investors in the stock market, from losing all the money invested if the Company

. The entering into business rehabilitation process is to prevent the Company from being bankruptcy and to maintain the right and shareholdership, especially retail investors in the stock market, from

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Derivative Warrants | NIKKEI41C2603C | DERIVATIVE CALL WARRANTS ON NIKKEI 225 STOCK AVERAGE INDEX ISSUED BY JPMORGAN SECURITIES (THAILAND) LIMITED LAST TRADING IN MARCH 2026 # C | NIKKEI 225 STOCK

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Derivative Warrants | NIKKEI41C2603A | DERIVATIVE CALL WARRANTS ON NIKKEI 225 STOCK AVERAGE INDEX ISSUED BY JPMORGAN SECURITIES (THAILAND) LIMITED LAST TRADING IN MARCH 2026 # A | NIKKEI 225 STOCK