* Note Please find further information in the consolidated financial statements. 1 21 February, 2019 Subject: Management Discussion & Analysis (MD&A) for the year 2018 Attention: The President The

early warning signs are detected.  Manage credit concentration risk in terms of borrower group concentration, sectoral concentration and country concentration. Credit exposures are maintained within

agencies: Data for consideration of approval and inspection of wrongdoings from the Bank of Thailand (BOT), the Office of the Insurance Commission (OIC). In the case where no wrongdoing is detected, the SEC

wrongdoing is detected, the SEC Office will not store such data. 3.2 Data for verification of wrongdoing from the integrated public information and government services database ( https

Proportion of the Company and Subsidiary Companies in Q1/2020 and 2019 Unit: Million THB Type of Income Q1/2020 Q1/2019 % Variance Note 1. Income from sales of real estate 1 1,493.92 2,493.06 (40.08%) Note 1

service and other services. 3 Table 1: Proportion of Main Income of the Company and Subsidiary Companies in Q1/2021 and 2020 Unit: Million THB Type of Income Q1/2021 Q1/2020 % Variance Note 1. Income from

. Backlog 6,396.09 5,495.63 16.39% 5,945.56 5,035.09 18.08% 18. Other current assets Note 1 109.13 195.53 (44.19%) 480.00 540.00 (11.11%) 19. Non-current assets Note 2 3,025.13 3,046.30 (0.69%) 3,253.76

assets Note 1 68.10 195.53 (65.17%) 698.00 540.00 29.26% 19. Non-current assets Note 2 3,464.65 3,046.30 13.73% 3,697.17 3,279.26 12.74% 20. Total assets 21,250.21 21,006.73 1.16% 19,939.66 19,638.88 1.53

5,861.39 5,495.63 6.66% 5,454.27 5,035.09 8.33% 18. Other current assets Note 1 21.50 195.53 (89.00%) 360.50 540.00 (33.24%) 19. Non-current assets Note 2 3,292.34 3,046.30 8.08% 3,518.17 3,279.26 7.29% 20

costs during construction 12,178.67 11,469.21 6.19% 10,675.76 10,206.52 4.60% 17. Backlog 5,746.20 5,495.63 4.56% 5,364.54 5,035.09 6.54% 18. Other current assets Note 1 34.00 195.53 (82.61%) 483.00