specified in the fund project provided that the management company is able to show that such redemption will not affect the fund’s viability; (2)* having the term, infrastructure fund, at the end of its name

at branch locations and produced a commercial for high-end speakers to expand the customer base. Page 6 of 10 Management Discussion & Analysis Q3/2024 Financial costs Financial costs amounted to THB 9

price in 2Q2019 escalated by 34% compared to end of 1Q2019 P a g e | 11 - Management Discussion and Analysis 2Q2020 - impacted to the Company’s Stock Loss & NRV of THB 283 million. Hence, the Company

ที่บชง Page 1 of 5 Ref. Bor Chor Ngor 0413/2019 12 November 2019 Subject: Management Discussion and Analysis for the Third Quarter ended 30 September 2019 To President The Stock Exchange of Thailand

scheduled to commercially operate in fourth quarter of 2019. By year end 2019, the total capacity of SDWTP will be 109,500,000 cubic meters per year. This transaction is not classified as a connected

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

ที่ FPI Ref. FPI.024/2018 12 November 2018 Subject : Management Discussion & Analysis of Performance Results of Quarter 3/2018 To : Board of Directors and President of The Stock Exchange of Thailand

reasons for the decline of cost ratio not only stemmed from the increase of SW income and non-sw income per head but also from the efficient cost management particularly staff cost. Administrative Expenses

consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Utilities Revenue consists of Excessive Charge, Service Fees for Wastewater Management 3 Gross Profit from

Charge for additional Utilities demand and Service Fees for Wastewater Management. 3 Gross Profit from Operation excludes Other Income from Utilities Business. 4 Other Incomes mainly consists of Interest