) to maintain the water level in the reservoirs above the dead storage level EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2020 3 3

/ 18-2 Application for Establishment of Branch Office or Conversion of Online Branch Office to Full Branch Office Securities company / derivatives intermediary Name of Company

. The Company has drawdown loan for acquisition of subsidiary shares in 2Q’18 causing rising debt level at the end of December 2018 and subsequently paid down loan from its operating cash flow and

profit margin still perform at a level close to the same period last year which was at 61.2% Selling and Administrative Expenses The Company had administrative expenses for the first quarter of 2019 equal

ZIGA INNOVATION PUBLIC COMPANY LIMITED 999/9,10,11 MOO 9 NAIKLONGBANGPLAKOD, PHASUMUDJADEE, SAMUDPRAKARN 10290 Tel. 02-816-9315 Fax. 02-816-9315 #444 NO. ZIGA 008/2018 9 November 2018 Subject

Securities and Exchange Commission hereby issues the following regulations: Clause 1. The management company shall, in undertaking of fund management business, arrange to have an operating system which is

following regulations: Clause 1. The management company shall, in undertaking of fund management business, arrange to have an operating system which is comprising of, at least, the following particulars: (1

the purpose and mission of the company; (2) having internal control system which is approved by high-level management. In this case, such system shall; (a) generate good control environment; (b) assess

has a road map of building the company’s sustainability by level up development of the product to further drive the company. At the present, the company has extended the product such as galvanized paint

, however, it is not yet affected the Company's financial status because the current ratio of current assets to current liabilities is at a high level. The financial position of the company is sufficient for