-1- AIT (VP-SEC) 014E/2023 May 8, 2023 Subject: Management's Discussion and Analysis of Operating Results for Q1-2023 To: The President of the Stock Exchange of Thailand Summary of Operations Q1-2023

and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai

. Private investment continued to contract in all investment categories from the slowdown in domestic and external demands and also from the lower business sentiment impacted by the outbreak. Meanwhile

. Nevertheless, the non-durable goods increased partly from the rush in purchase of consumers goods due to the concerns on the COVID-19 outbreak. Private investment continued to contract in all investment

มิาณการขาย เป็นสญัญาระยะสัน้ (Spot Contract) มากกว่าสญัญาระยะยาว (Long-Term Contract) เพือ่ความคล่องตวัตามสภาวะตลาด และส าหรบัธุรกจิถุงมอืยางทีต่้อง เผชญิกบัปัจจยักดดนัทีเ่กดิจากการแขง็ค่าขึน้ของค่าเงนิ

- Translation - Page 1 of 11 CBG 008/2018 21 February 2018 Subject Management discussions and analysis for the year ending 31 December 2017 To President The Stock Exchange of Thailand We, Carabao

IFA Jay Capital Advisory Company Limited SET The Stock Exchange of Thailand SEC The Securities and Exchange Commission Notification of the Acquisition or Disposition Notification of Capital Market

Exchange of Thailand Demeter Corporation Public Company Limited (“DCORP” or the “Company”) would like to submit the reviewed financial statements of the year 2018 ended December 31, 2018. Such financial

reference. Notification of the Capital Market Supervisory Board No. Tor Jor. 12/2558 Re: Offering of Units of Infrastructure Trusts ___________________ By virtue of Section 16/6 of the Securities and Exchange

securities, as well as the suitability for investment and the relevant risk exposure. The effectiveness of the Registration Statement neither represents that the Securities and Exchange Commission, the Capital