1 / 4 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year ended 31 December 2019 • Explanation and

half year figure shows no significant change. Shares of Profits: EASON recorded 4.59 M of profits from investment which was substantially less than the same quarter of last year by 62%, solely due to the

been approved in the capital market and mutual fund information such as nature and characteristics of mutual funds, fees and past performance. The dissemination of information via SEC API aims to help

aimed to support audit committees to perform their roles amidst the development and change of accounting principles and report practices of financial and non-financial information. In the seminar, audit

May 15, 2019 Subject : Management Discussion and Analysis for quarter ended March 31, 2019 Attention : President The Stock Exchange of Thailand 1. Operating Performance 1.1 Revenues Consolidated

May 15, 2020 Subject : Management Discussion and Analysis for 1st quarter ended March 31, 2020 Attention : President The Stock Exchange of Thailand 1. Operating Performance 1.1 Revenues Consolidated

natural gas price. FINANCIAL PERFORMANCE REVENUE STRUCTURE ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 2016 2017 % change

services increase and the financing cost increase. Thus, the details of the Company’s performance are explained as follows: 2017 2018 Change MB % MB % MB % Rental and Service Income 708.0 94.9% 628.7 86.9

-5170529 14 November 2017 RE: Explanation of performance for the third quarter of 2017 with a change exceeding twenty percent from the previous year. ATTN: Managing Director, Stock Exchange of Thailand

million in 2016 to Baht 755.10 million in 2017. Whereas, the profit from management service increased by Financial performance of management service for the year (Unit : Million Baht) 2017 2016 Change