GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

Company Limited and its subsidiaries (“the Company”) would like to clarify herewith the operating result for the year 2018 as follows:- Financial Position As at 31 December 2018, total consolidated assets

Company Limited (“the Company”) has already submitted the consolidated reviewed the 2 st quarter financial statements as of August 31, 2017 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit

the consolidated reviewed the 3rd quarter financial statements as of November 30, 2022 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is

Position As at 31 March 2020, total consolidated assets of the Company and its subsidiary increased by Baht 68.58 million or 2.33% compared with last year. An increase mainly caused by Right-of-use assets

Company Limited, amount to 11.15 million baht, due to such investment was sold at a price greater than investment value previously recognized as loss of the Company in the consolidated financial statements

consolidated reviewed the 2 nd quarter financial statements as of August 31, 2020 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized as follows

Management Discussion and Analysis For the 2nd Quarter 2021 ended August 31, 2021 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed

because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing