E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

Notifications relating to Issuance and Offer for Sale of Securities; or (b) being individual investors or juristic persons that have a stable financial status and a potential to an actual investment as well as

investors in accordance with the definition prescribed in the Notification of the Securities and Exchange Commission No. KorChor. 17/2551 Re: Determination of Definitions in Notifications relating to Issuance

prescribed in the Notification of the Securities and Exchange Commission No. KorChor. 17/2551 Re: Determination of Definitions in Notifications relating to Issuance and Offer for Sale of Securities; or (b

Notifications”). The criteria that gives the highest value of transaction is equal to 27.89 %. The calculation is based on the consolidated financial statements of the Company and TSE, which comprise the

of Assets Notifications”) the highest value of transaction is equal to 27.89 %. The calculation of the size of transactions is based on consideration basis. During the six months period before the

to his lack of qualifications or his prohibited characteristics pursuant to the law regulating such business operators and the notifications issued by virtue of the said law, such person shall be

concerning the Connected Transactions dated 19 November 2003 (the "Notifications on Connected Transaction") and therefore this transaction is not considered as the connected transaction under the Notifications

Listed Companies Concerning the Acquisition and Disposition of Assets, 2004 (including any amendment thereto) (collectively, the “Notifications on Acquisition or Disposal”). The maximum transaction size is

“Notifications on Acquisition or Disposal”). The maximum transaction size is equivalent to 1.03 per cent according to the criteria value of consideration paid referring from the interim consolidated financial