Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the second quarter ended 30 September 2019

Global Green Chemicals Public Company Limited Management Discussion and Analysis For the Operating Results of 2Q2020 P a g e | 2 - Management Discussion and Analysis 2Q2020 - CONTENTS Executive

for reference. Notification of the Capital Market Supervisory Board No. Tor Jor. 14/2558 Re: Provisions relating to Offer for Sale of Securities Issued by Foreign Company Whose Shares Have Been Traded

expanding in high potential markets such as through VGI Global Media (Malaysia) Sdn. Bhd. (“VGM”) in Malaysia, Indonesia and setup a subsidiary company in Singapore , in order to build a strong foundation for

Global Green Chemicals Public Company Limited Management Discussion and Analysis For the operating results of FY2019 Global Green Chemicals Public Company Limited Management Discussion and Analysis

Bangkok Commercial Asset Management Public Company Limited Page 1 13 December 2019 Subject Management Discussion and Analysis for nine-month period ended 30 September 2019 To The President The Stock

attributable to equity holders of the parent company of 1,044.79 million Baht, decreased by 72.73 million Baht or 6.51%. ง Income statement (Million Baht) For the three-month period Year 2019 Year 2018 YOY % Q4

of the parent company was 991.54 million Baht, decreased by 68.82 million Baht or 6.49% compared to the same period of 2016 Income statement (MB) Q3/2016 Q3/2017 YoY % 9M/2016 9M/2017 YoY % Total Sales

Management Discussion and Analysis For six-month period ended June 30, 2020 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd., Silom, Bangrak, Bangkok 10500 Thailand Tel: 0

due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 1,117.52 million Baht, decreased by 103.66 million Baht or 8.49%. Income statement