1 G J Steel Public Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 Unit: million Baht 2nd Quarter 2019 2nd Quarter 2018 Pe rfo rm an ce Revenues 3,928 7,815 Sales Volume (k

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. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT 1 AND ADVISERS II. DESCRIPTION OF MTN Program 1 III. RISK FACTORS 2 IV. MARKETS 2 V. TAXATION 2 VI. SELECTED FINANCIAL INFORMATION 3 VII. INFORMATION ABOUT THE ISSUER

million. In addition the Company will be responsible for land transfer registration fee, land tax and any expenses to be paid to government agencies for ownership transferrable of property approximate Baht

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1 --Translation-- Sor Gor 106/2017 October 20, 2017 Subject: Management Discussion and Analysis for the third quarter ended September 30, 2017 (Unreviewed) To: The President The Stock Exchange of