Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Fourth Quarter and the Year Ended 31 December 2018 1. Q4/2018 Highlights Figure 1: Quarterly results

- Translation - Management Discussion and Analysis of the Company’s Performance for the three-month period ended 31 March 2020 - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management

issuing company whose registration statement and draft prospectus have been filed; 2 (4) a securities company; (5) a mutual fund; (6) a private fund as specified by the SEC Office pursuant to Section 140 of

33.2% 4,762 4,167 4,167 0 49.1% Non-Current liabilities 31.9% 2.2% 2.7% 64.1% 65.9% Equity (THB mn) MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE

Offering) can be implemented in short period of time under relatively low budget (compared to Private Placement or Public Offering methods), while every shareholder is granted his/her right to participate in

any); (7) information about compliance with the law with respect to the private sector’s participation in or operation of the government’s business, and past performance of the infrastructure business

% 17,077 100.0% Total assets Total current assets Total non-current assets Trade and other receivables AGING OF TRADE RECEIVABLES (THB mn) 31 MARCH 2019 (Restated) 31 MARCH 2020 VGI PUBLIC COMPANY LIMITED

to their respective shareholdings (Rights Offering) can be implemented in short period of time under relatively low budget (compared to Private Placement or Public Offering methods), while every

Capital, Conditional Voluntary Tender Offer for all Securities in Thai British Security Printing Public Company Limited, Increase of the Registered Capital, Allocation of the Newly Issued Ordinary Shares to

Thana Sinsap (Thailand) Public Company Limited (“Company”), hereby report the resolutions passed the related transactions with the related companies (Details as attachment) at the meeting of the Board of