_______________________________________________________________ Management Discussion and Analysis (MD&A) For the three-month period ended March 31, 2020 http://pdi.intranet/SiteDirectory/it/Image%20Gallery/image/logo2013.jpg 1 | Padaeng Industry Public Company

15 May 2019 Subject: Management Discussion and Analysis for the 3-Month Period Ended March 31, 2019 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public Company Limited

PERFORMANCE OF OVER 20 PERCENT FOR THE THIRD QUARTER OF YEAR 2017 COMPARED TO THE SAME PERIOD OF THE PREVIOUS YEAR ATTENTION PRESIDENT, THE STOCK EXCHANGE OF THAILAND Khon Kaen Sugar Industry Public Company

industry in the country so the Company had received increasing purchase orders and production had increased as well. The Importing and Selling of Cutting Tools segment in the nine-month period of Q3/2019 had

-month period which ended March 31, 2018 is ฿ 25.15 million compared to comprehensive income at ฿ 14.85 million from the same period last year. Because of variations in digital industry as well as

-month period which ended June 30, 2018 is ฿ 35.35 million compared to comprehensive income at ฿ 7.12 million from the same period last year. Because of variations in digital industry as well as developing

14 August 2019 Subject: Management Discussion and Analysis for the 6-Month Period Ended June 30, 2019 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public Company

Ref. PDI/BK-BS-036/2019 10th May 2019 Re: Management Discussion and Analysis (MD&A) For the three-month period ended March 31, 2019 To: President The Stock Exchange of Thailand PDI reassessed its

เลขที่ HR 007 / 2542 No. AC 027/2562 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 15 March 2019 SUBJECT EXPLANATION FOR THE DECREASE

Industry Company Limited (HFR) is supplying customers and markets to Hwa Fong Rubber (Thailand) Public Company Limited. Contract Period 1 Year (Jun 1st, 2020 – May 31st, 2021) Total value of the transaction