32 MDA Q3 60 EN -Translation- No. ECF2 077/2017 November 14, 2017 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2017 To President The Stock Exchange of Thailand

percent. To : President, The Stock Exchange of Thailand NCL International Logistics Public Company Limited and its subsidiaries (the "Company") would like to clarify the description and analysis of the

the unit holders, under Clause 23 and Clause 24; (16) the restriction of unit holders’ right when exceeding the holding ratio or when having extraordinary interest in the matter, under Clause 25; (17

unit investment; (7) Information on probable holding of investment units in excess of the unit holding limit, indicating the number of persons or group of persons who might hold units in excess of such

Shares of Taitanan Company Limited (a Joint Venture Company) To : President, The Stock Exchange of Thailand Enclosure : Information Memorandum Concerning the Acquisition of Nava Nakorn Public Company

debt instruments (surveillance report – on a monthly basis)) ✓ ✓ 1. Database of SET Smart (the summary of trading and important statistics on debt instruments and bonds from the Stock Exchange) 3

, 2020. To : The President and Governing Members of The Stock Exchange Market of Thailand For the first quarter of 2020, Real estate transfer activities of condominium and house totaled 3,393.9 million

management” means a deputy manager, an assistant manager, a division director, a branch manager, and any persons holding equivalent position called otherwise and such person shall be responsible for services

assistant manager, a division director, a branch manager, and any persons holding equivalent position called otherwise and such person shall be responsible for services relating to derivatives contract

with power of management” means a deputy manager, an assistant manager, a division director, a branch manager, and any persons holding equivalent position called otherwise and such person shall be