Page 1 No. CMC Sor Lor.012/2019 August 13, 2019 Re: Management Discussion & Analysis for the Period Ended 30 June 2019 To The President of the Stock Exchange of Thailand (SET) CHAOPRAYAMAHANAKORN

% 3.9% 2.8% 5.5% 3.4% 2.1% Stock Gain/(Loss) & NRV -28 -7 300% -10 180% -55 -156 -65% Adjusted EBITDA (ล้านบาท)(3) 187 109 72% 116 61% 483 454 6% Adjusted EBITDA Margin (%) 7.9% 3.3% 4.6% 4.3% 3.6% 6.2

- Translation - Page 1 of 6 CBG 006/2020 20 February 2020 Subject Management discussions and analysis for the fiscal year ended 31 December 2019 To President The Stock Exchange of Thailand We

288 261 -9.3% 49.4% Adjusted net profit3 192 305 304 -0.6% 58.4% Gross profit margin 58.2% 64.0% 63.6% EBITDA margin 41.4% 46.4% 47.1% Adjusted EBITDA margin 42.3% 47.4% 50.3% Net profit margin 20.5

% 13.5% EBITDA 444 507 501 -1.2% 12.9% EBIT 333 384 380 -1.1% 14.1% Interest expenses 25 15 18 18.6% -27.8% Tax 83 82 76 -7.3% -8.6% Net profit1 202 261 260 -0.4% 28.8% Gross profit margin 60.4% 63.6% 55.5

The Stock Exchange of Thailand 1. Analysis of Overall Operating Results and Financial Position of the Company and its subsidiary 1.1 Analysis of Overall Operating Results for the Company and its

2020 To : The President The Stock Exchange of Thailand Bangkok Chain Hospital Public Company Limited (the “Company”) would like to report the operating results for the first quarter ended 31 March 2020

Transaction in accordance with the Securities and Exchange Commission and Stock Exchange of Thailand Notifications, total 8.96 million Baht, which is calculated to be 0.08% of the Company’s Net Tangible Assets

June 2020 To : The President The Stock Exchange of Thailand Bangkok Chain Hospital Public Company Limited (the “Company”) would like to report the operating results for the second quarter ended 30 June

fees. The above measures, which are considered a Related Parties Transaction in accordance with the Securities and Exchange Commission and Stock Exchange of Thailand Notifications, total 5.27 million