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

the guaranteed price of palm fresh fruit brunch at 4 Baht/ kg. and encouraged biodiesel B10 and B20 consumption as fuel options throughout the year by using the State Oil Fund to subsidize the price of

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

or equivalent to 50 percent of paid-up capital of UBM + VH Hotels GmbH (“UBM JV”) from UBM hotels München GmbH (“UBM Hotels”) at a total selling price of EUR 2,650,000 (or equivalent to Baht

Bath 18.44 million. The operating results of the consolidated financial statement for the 3-month and 6-month period ended June 30, 2017 The Consolidated Financial Statement For the year period of (unit

Taokaenoi Food & Marketing Public Company Limited (“Company”) would like to clarify the sales revenue and net profit in the consolidated financial statements for the six-month period ended June 30, 2017 as

Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the separate and consolidated financial statements of the 2nd quarter ended June 30, 2018. The

Granary Public Company Limited and its subsidiaries For the Twelfth-month period ended 31st December 2018 1. Overall performance Consolidated financial results of Patum Rice Mill and Granary Public Company

the director, executives, the major shareholders or the authorized person of the Company at the price of not exceeding Baht 100,000,000. Details are as followed 1) Transaction Date Within March 2018 2

million. The operating results of the consolidated financial statement for the year period ended December 31, 2017 Statement of Comprehensive Income For the year period of (unit: million baht) Dec 31, 2017